HKND vs. SPVM ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Invesco S&P 500 Value with Momentum ETF (SPVM)

HKND

Humankind US Stock ETF

HKND Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Humankind US Equity Index (the ?Index?). The index is primarily comprised of domestic (U.S.) equity securities and may not be comprised of greater than 5% of foreign securities (including ADRs). The fund invests in the common stock of each company in the index in approximately the same proportion as represented in the index itself. Under normal conditions, it will invest at least 90% of its net assets, including borrowings for investment purposes, in securities contained in the index.

Grade (RS Rating)

Last Trade

$33.30

Average Daily Volume

1,926

Number of Holdings ^*

960

* may have additional holdings in another (foreign) market

SPVM

Invesco S&P 500 Value with Momentum ETF

SPVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 High Momentum Value Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 100 stocks in the S&P 500® that have the highest value and momentum scores.

Grade (RS Rating)

Last Trade

$62.54

Average Daily Volume

1,261

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HKND	SPVM
30 Days	1.63%	6.18%
60 Days	0.72%	7.47%
90 Days	1.42%	8.80%
12 Months	19.65%	29.90%

65 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in SPVM	Overlap
AFL	B	0.09%	1.06%	0.09%
AIG	B	0.23%	1.16%	0.23%
AIZ	A	0.13%	1.35%	0.13%
ALL	A	0.22%	0.85%	0.22%
BAC	A	0.59%	1.07%	0.59%
BBY	D	0.25%	1.12%	0.25%
BG	F	0.82%	1.49%	0.82%
BK	A	0.12%	1.19%	0.12%
BLDR	D	0.02%	0.86%	0.02%
BXP	D	0.02%	0.69%	0.02%
C	A	0.44%	1.15%	0.44%
CAH	B	0.33%	0.98%	0.33%
CBRE	B	0.12%	0.98%	0.12%
CE	F	0.01%	0.51%	0.01%
CI	F	1.0%	0.93%	0.93%
CINF	A	0.04%	1.57%	0.04%
CMI	A	0.06%	0.77%	0.06%
COF	B	0.2%	1.6%	0.2%
COR	B	0.34%	1.01%	0.34%
CTSH	B	0.08%	0.83%	0.08%
DGX	A	0.62%	0.71%	0.62%
DHI	D	0.14%	1.11%	0.14%
DOW	F	0.17%	0.53%	0.17%
DVA	B	0.13%	0.6%	0.13%
EBAY	D	0.05%	0.77%	0.05%
ELV	F	0.32%	0.6%	0.32%
EMN	D	0.01%	0.82%	0.01%
EMR	A	0.04%	1.04%	0.04%
FDX	B	0.01%	1.12%	0.01%
FITB	A	0.05%	1.15%	0.05%
GS	A	0.39%	0.97%	0.39%
HBAN	A	0.03%	1.37%	0.03%
HIG	B	0.1%	1.07%	0.1%
HPE	B	0.22%	1.33%	0.22%
HST	C	0.02%	0.65%	0.02%
J	F	0.28%	0.64%	0.28%
JBL	B	0.14%	1.23%	0.14%
JPM	A	0.77%	0.96%	0.77%
KEY	B	0.04%	1.25%	0.04%
KR	B	0.23%	1.44%	0.23%
L	A	0.06%	1.4%	0.06%
LEN	D	0.14%	1.09%	0.14%
LH	C	0.93%	0.7%	0.7%
MCK	B	0.52%	0.96%	0.52%
MET	A	0.21%	1.01%	0.21%
MOH	F	0.07%	0.94%	0.07%
MTB	A	0.04%	1.74%	0.04%
OMC	C	0.05%	0.83%	0.05%
PHM	D	0.07%	1.06%	0.07%
PNC	B	0.12%	1.18%	0.12%
PRU	A	0.18%	1.08%	0.18%
RJF	A	0.07%	0.92%	0.07%
SNA	A	0.01%	0.83%	0.01%
STT	A	0.1%	1.38%	0.1%
SWK	D	0.03%	0.64%	0.03%
SWKS	F	0.02%	0.48%	0.02%
SYF	B	0.09%	1.84%	0.09%
TRV	B	0.18%	1.02%	0.18%
UHS	D	0.18%	0.96%	0.18%
USB	A	0.14%	1.18%	0.14%
VTRS	A	0.25%	1.05%	0.25%
VZ	C	0.86%	0.86%	0.86%
WFC	A	0.53%	1.19%	0.53%
WMT	A	1.15%	0.72%	0.72%
WRB	A	0.04%	0.79%	0.04%

HKND Overweight 895 Positions Relative to SPVM

Symbol	Grade	Weight
GOOGL	C	4.19%
PG	A	3.88%
MSFT	F	2.38%
AAPL	C	2.18%
JNJ	D	1.97%
DE	A	1.95%
INTC	D	1.8%
LLY	F	1.74%
ABBV	D	1.67%
MOS	F	1.63%
MRK	F	1.52%
CTVA	C	1.43%
PFE	D	1.42%
ADM	D	1.37%
SYK	C	1.2%
CL	D	1.18%
DELL	C	1.11%
BDX	F	1.09%
ABT	B	1.09%
BMY	B	1.05%
CF	B	0.98%
UNH	C	0.96%
AMGN	D	0.96%
GEHC	F	0.9%
ECL	D	0.89%
T	A	0.89%
HCA	F	0.85%
GILD	C	0.85%
HPQ	B	0.79%
BSX	B	0.76%
TMO	F	0.75%
CMCSA	B	0.71%
BAX	D	0.7%
AMZN	C	0.68%
FMC	D	0.66%
AGCO	D	0.66%
VRTX	F	0.61%
FDP	B	0.57%
INGR	B	0.53%
DHR	F	0.51%
SJM	D	0.46%
MS	A	0.45%
ZBH	C	0.45%
TMUS	B	0.44%
IQV	D	0.43%
KVUE	A	0.43%
CVS	D	0.43%
REGN	F	0.41%
HD	A	0.4%
PEP	F	0.38%
CHD	B	0.37%
ISRG	A	0.35%
AWK	D	0.34%
THC	D	0.32%
VLTO	D	0.32%
CAG	D	0.31%
DD	D	0.31%
MDLZ	F	0.29%
SPB	C	0.29%
EW	C	0.28%
FELE	B	0.27%
HOLX	D	0.26%
GIS	D	0.26%
K	A	0.26%
CNC	D	0.26%
LOW	D	0.25%
IBM	C	0.25%
DIS	B	0.24%
CLX	B	0.24%
BIIB	F	0.24%
AXP	A	0.23%
HUM	C	0.23%
PGR	A	0.22%
ORCL	B	0.22%
WBA	F	0.21%
TSLA	B	0.21%
CHTR	C	0.2%
ZWS	B	0.19%
CSCO	B	0.19%
RMD	C	0.19%
SOLV	C	0.17%
V	A	0.17%
LUMN	C	0.15%
MRNA	F	0.15%
ENOV	C	0.15%
A	D	0.14%
TFX	F	0.14%
DXCM	D	0.14%
FSLR	F	0.14%
CTLT	B	0.14%
AMAT	F	0.14%
QCOM	F	0.14%
TGT	F	0.13%
AVGO	D	0.12%
BLK	C	0.12%
MU	D	0.12%
MA	C	0.12%
MMC	B	0.12%
AVTR	F	0.12%
HSIC	B	0.12%
GLW	B	0.11%
NVDA	C	0.11%
TFC	A	0.11%
RVTY	F	0.11%
COST	B	0.11%
SEM	B	0.11%
TITN	C	0.11%
INCY	C	0.11%
NFLX	A	0.1%
WDC	D	0.1%
CRM	B	0.1%
RPRX	D	0.1%
RDNT	B	0.1%
PYPL	B	0.1%
TXN	C	0.1%
IART	C	0.1%
AHCO	F	0.1%
ILMN	D	0.1%
FTRE	D	0.1%
MASI	A	0.1%
ICUI	D	0.1%
PODD	C	0.09%
DFS	B	0.09%
MAN	D	0.09%
SCHW	B	0.09%
UTHR	C	0.09%
FLO	D	0.09%
LRCX	F	0.09%
AMP	A	0.09%
KMB	D	0.09%
BIO	D	0.09%
ALNY	D	0.09%
CRL	C	0.09%
EMBC	C	0.08%
RUN	F	0.08%
DXC	B	0.08%
UAN	B	0.08%
BKNG	A	0.08%
EHC	B	0.08%
KD	B	0.08%
OGN	D	0.08%
WTRG	B	0.08%
ITGR	B	0.08%
ACM	A	0.08%
WBD	C	0.08%
ALG	B	0.08%
LXU	B	0.08%
AVB	B	0.07%
GMED	A	0.07%
TJX	A	0.07%
NBIX	C	0.07%
ACI	C	0.07%
FOX	A	0.07%
SYY	B	0.07%
FI	A	0.07%
SQ	B	0.07%
EQR	B	0.07%
BMRN	D	0.07%
WST	C	0.07%
CPB	D	0.07%
CWT	D	0.07%
WAT	B	0.07%
ENPH	F	0.07%
MMSI	B	0.07%
FNF	B	0.07%
ADP	B	0.07%
MTD	D	0.07%
HAE	C	0.07%
POST	C	0.07%
UNFI	A	0.06%
BERY	B	0.06%
HSY	F	0.06%
GXO	B	0.06%
MKL	A	0.06%
VTR	C	0.06%
EQH	B	0.06%
WM	A	0.06%
SNX	C	0.06%
GWW	B	0.06%
EXEL	B	0.06%
MMM	D	0.06%
PFG	D	0.06%
CNMD	C	0.06%
AYI	B	0.06%
AMD	F	0.06%
CRBG	B	0.06%
CDW	F	0.06%
TECH	D	0.06%
MAR	B	0.06%
RGA	A	0.06%
FAF	A	0.05%
SUI	D	0.05%
JLL	D	0.05%
INVH	D	0.05%
MAA	B	0.05%
LBRDA	C	0.05%
SHW	A	0.05%
SJW	D	0.05%
JEF	A	0.05%
BRKR	D	0.05%
NVR	D	0.05%
WHR	B	0.05%
ADBE	C	0.05%
ROKU	D	0.05%
EXPE	B	0.05%
WLK	D	0.05%
TOL	B	0.05%
OPK	C	0.05%
APH	A	0.05%
LNC	B	0.05%
LPLA	A	0.05%
SRPT	D	0.05%
SMG	D	0.05%
PEN	B	0.05%
IFF	D	0.05%
HUN	F	0.04%
LNN	B	0.04%
ZBRA	B	0.04%
SNEX	B	0.04%
BEN	C	0.04%
AFG	A	0.04%
ADI	D	0.04%
AZO	C	0.04%
RSG	A	0.04%
GPN	B	0.04%
APO	B	0.04%
RHI	B	0.04%
LYV	A	0.04%
FIS	C	0.04%
TMHC	B	0.04%
GME	C	0.04%
MEDP	D	0.04%
RVMD	C	0.04%
PCVX	D	0.04%
RF	A	0.04%
ORI	A	0.04%
SCSC	B	0.04%
ITCI	C	0.04%
AJG	B	0.04%
OMI	F	0.04%
NOVT	D	0.04%
AVNS	F	0.04%
MD	B	0.04%
CFG	B	0.04%
TTC	D	0.04%
ORLY	B	0.04%
CTAS	B	0.04%
ESS	B	0.04%
CR	A	0.04%
PH	A	0.04%
GPC	D	0.04%
TDS	B	0.04%
AWR	B	0.04%
WMG	C	0.04%
KLAC	D	0.04%
FYBR	D	0.04%
MKC	D	0.04%
TROW	B	0.04%
KLG	C	0.04%
UNM	A	0.04%
ALLY	C	0.04%
NTRS	A	0.04%
TWI	F	0.03%
EL	F	0.03%
HLT	A	0.03%
LNTH	D	0.03%
CME	A	0.03%
CORT	B	0.03%
WSO	A	0.03%
USM	B	0.03%
MCO	B	0.03%
WELL	A	0.03%
OPCH	D	0.03%
ZG	A	0.03%
KMPR	B	0.03%
HALO	F	0.03%
KBH	D	0.03%
JXN	C	0.03%
ON	D	0.03%
MSI	B	0.03%
HWKN	B	0.03%
THG	A	0.03%
SMMT	D	0.03%
WTS	B	0.03%
ENSG	D	0.03%
CSL	C	0.03%
NEO	C	0.03%
GNW	A	0.03%
MIDD	C	0.03%
SGRY	F	0.03%
IONS	F	0.03%
CPT	B	0.03%
CHWY	B	0.03%
ITW	B	0.03%
FAST	B	0.03%
CYTK	F	0.03%
SPGI	C	0.03%
VOYA	B	0.03%
SPG	B	0.03%
AMH	D	0.03%
ICE	C	0.03%
OFIX	B	0.03%
AMT	D	0.03%
ELS	C	0.03%
EXAS	D	0.03%
SF	B	0.03%
UPS	C	0.03%
RS	B	0.03%
AMRX	C	0.03%
ENR	B	0.03%
INTU	C	0.03%
IPG	D	0.03%
KDP	D	0.03%
DAR	C	0.03%
IRDM	D	0.03%
NWS	B	0.03%
REZI	A	0.03%
IT	C	0.03%
CG	A	0.03%
PPG	F	0.03%
NTAP	C	0.03%
UDR	B	0.03%
LKQ	D	0.03%
BPMC	C	0.03%
IVZ	B	0.03%
SANM	B	0.03%
VYX	B	0.03%
CNXN	C	0.03%
VKTX	F	0.03%
BKD	D	0.02%
SUPN	C	0.02%
BBWI	D	0.02%
ULTA	F	0.02%
NTRA	B	0.02%
SEE	C	0.02%
MSEX	B	0.02%
ALGN	D	0.02%
STC	B	0.02%
JANX	C	0.02%
DNLI	D	0.02%
SCI	B	0.02%
WDAY	B	0.02%
APP	B	0.02%
AIT	A	0.02%
ACLX	C	0.02%
PCRX	C	0.02%
ARES	A	0.02%
EWTX	C	0.02%
UTZ	D	0.02%
SIGI	C	0.02%
AVT	C	0.02%
SRRK	B	0.02%
PANW	C	0.02%
NATL	B	0.02%
VRT	B	0.02%
RARE	D	0.02%
GL	B	0.02%
TGTX	B	0.02%
KELYA	F	0.02%
CCS	D	0.02%
EPAM	C	0.02%
IDXX	F	0.02%
ATR	B	0.02%
FTNT	C	0.02%
ADTN	A	0.02%
CENTA	C	0.02%
EVR	B	0.02%
ESAB	B	0.02%
AAP	C	0.02%
ANET	C	0.02%
GKOS	B	0.02%
APLS	D	0.02%
DOX	D	0.02%
INSM	C	0.02%
MHO	D	0.02%
THS	D	0.02%
FHN	A	0.02%
AXSM	B	0.02%
SNPS	B	0.02%
PLXS	B	0.02%
MRVL	B	0.02%
CCI	D	0.02%
ADV	D	0.02%
R	B	0.02%
PFSI	D	0.02%
MAS	D	0.02%
COOP	B	0.02%
WCC	B	0.02%
ZION	B	0.02%
TSCO	D	0.02%
DKS	C	0.02%
SMPL	B	0.02%
ATEC	C	0.02%
TPH	D	0.02%
KRYS	B	0.02%
OTIS	C	0.02%
ENTG	D	0.02%
BR	A	0.02%
AORT	B	0.02%
BHF	B	0.02%
WMS	D	0.02%
ALIT	C	0.02%
ACAD	D	0.02%
AZTA	D	0.02%
GH	B	0.02%
AMKR	D	0.02%
MCY	A	0.02%
CRNX	C	0.02%
NWL	B	0.02%
GAP	C	0.02%
CMA	A	0.02%
NDAQ	A	0.02%
PTCT	B	0.02%
BRO	B	0.02%
EA	A	0.02%
APD	A	0.02%
LECO	B	0.02%
XRX	F	0.02%
MCHP	D	0.02%
JJSF	B	0.02%
DLR	B	0.02%
COMP	B	0.02%
ROK	B	0.02%
IBKR	A	0.02%
MMS	F	0.02%
TNET	D	0.02%
WU	D	0.02%
OPEN	D	0.02%
OMF	A	0.02%
SSNC	B	0.02%
BBIO	F	0.02%
TPG	A	0.02%
AMED	F	0.02%
EME	C	0.02%
GFS	C	0.02%
MDGL	B	0.02%
PWR	A	0.02%
SIRI	C	0.02%
TNDM	F	0.02%
FLGT	F	0.02%
ROST	C	0.02%
RKT	F	0.02%
PAYX	C	0.02%
EQIX	A	0.02%
ATRC	C	0.02%
PLD	D	0.02%
UNP	C	0.02%
NOW	A	0.02%
ARW	D	0.02%
NUVL	D	0.02%
CHE	D	0.02%
NSP	D	0.02%
ABM	B	0.02%
MTH	D	0.02%
ITT	A	0.01%
UVE	B	0.01%
CCRN	F	0.01%
SONO	C	0.01%
VCYT	B	0.01%
CTS	C	0.01%
OCUL	D	0.01%
NSC	B	0.01%
AEO	F	0.01%
CGEM	F	0.01%
PCTY	B	0.01%
FIVE	F	0.01%
MAT	D	0.01%
ELVN	D	0.01%
VCTR	B	0.01%
FULT	A	0.01%
RGNX	F	0.01%
VZIO	A	0.01%
PLUS	F	0.01%
NYT	C	0.01%
BBSI	B	0.01%
DLB	B	0.01%
SFNC	B	0.01%
IEX	B	0.01%
PLAY	D	0.01%
USPH	B	0.01%
SATS	D	0.01%
REG	B	0.01%
URBN	C	0.01%
DIOD	D	0.01%
AGL	F	0.01%
PII	D	0.01%
KE	C	0.01%
UFCS	B	0.01%
ABCB	B	0.01%
BRX	A	0.01%
UBSI	B	0.01%
IRTC	D	0.01%
LFST	C	0.01%
NX	C	0.01%
KURA	F	0.01%
BCRX	D	0.01%
FRPT	B	0.01%
HAS	D	0.01%
TYL	B	0.01%
ONB	B	0.01%
VRDN	D	0.01%
GMS	B	0.01%
CVCO	A	0.01%
DYN	F	0.01%
DORM	B	0.01%
GTES	A	0.01%
GRBK	D	0.01%
TMCI	D	0.01%
MIRM	B	0.01%
CMC	B	0.01%
WTM	A	0.01%
FOUR	B	0.01%
WGO	C	0.01%
APAM	B	0.01%
QRVO	F	0.01%
WPC	D	0.01%
BKU	A	0.01%
ANSS	B	0.01%
PJT	A	0.01%
FLS	B	0.01%
LBPH	A	0.01%
DAWN	F	0.01%
WH	B	0.01%
LFUS	F	0.01%
MTN	C	0.01%
UCTT	D	0.01%
ACT	D	0.01%
WD	D	0.01%
KFRC	D	0.01%
DBX	B	0.01%
SSB	B	0.01%
MTCH	D	0.01%
MC	C	0.01%
SYNA	C	0.01%
APG	B	0.01%
CNM	D	0.01%
SFM	A	0.01%
PB	A	0.01%
NVAX	F	0.01%
IMVT	F	0.01%
PRLB	A	0.01%
NTLA	F	0.01%
LCII	C	0.01%
PTGX	C	0.01%
PSTG	D	0.01%
AVO	C	0.01%
XYL	D	0.01%
OZK	B	0.01%
HURN	B	0.01%
BXC	B	0.01%
VNT	B	0.01%
IPGP	D	0.01%
RLI	B	0.01%
ACIW	B	0.01%
CADE	B	0.01%
FIX	A	0.01%
RCKT	F	0.01%
SNDX	F	0.01%
KNF	A	0.01%
HWC	B	0.01%
VEEV	C	0.01%
HMN	B	0.01%
AKRO	B	0.01%
SKY	A	0.01%
FICO	B	0.01%
AMN	F	0.01%
MTG	C	0.01%
PRG	C	0.01%
TDC	D	0.01%
UWMC	D	0.01%
ARDX	F	0.01%
MYGN	F	0.01%
HGV	B	0.01%
BRC	D	0.01%
FDS	B	0.01%
VRSN	F	0.01%
ASTH	D	0.01%
ASB	B	0.01%
FG	B	0.01%
ASIX	A	0.01%
RDN	C	0.01%
FNB	A	0.01%
SBAC	D	0.01%
SMCI	F	0.01%
IAC	D	0.01%
TCBI	B	0.01%
UMBF	B	0.01%
HTH	B	0.01%
FND	C	0.01%
JKHY	D	0.01%
CXT	B	0.01%
CBSH	A	0.01%
ENS	D	0.01%
SSYS	C	0.01%
COLL	F	0.01%
CSX	B	0.01%
KWR	C	0.01%
DAY	B	0.01%
CRVL	A	0.01%
GERN	D	0.01%
LANC	C	0.01%
TRUP	B	0.01%
PIPR	B	0.01%
IRT	A	0.01%
MNKD	C	0.01%
DFH	D	0.01%
AXNX	C	0.01%
RCM	F	0.01%
RYAN	B	0.01%
CC	C	0.01%
TOST	B	0.01%
LAMR	D	0.01%
MSM	C	0.01%
SITE	D	0.01%
AOS	F	0.01%
UPBD	B	0.01%
BEAM	D	0.01%
JBSS	D	0.01%
DOC	D	0.01%
IOSP	B	0.01%
IR	B	0.01%
BGS	F	0.01%
TDOC	C	0.01%
MORN	B	0.01%
ANIP	F	0.01%
UHAL	D	0.01%
SBH	C	0.01%
SXT	B	0.01%
MRVI	F	0.01%
CABO	C	0.01%
TNC	D	0.01%
AIV	C	0.01%
FL	F	0.01%
MSCI	C	0.01%
UNF	B	0.01%
HRB	D	0.01%
ADUS	D	0.01%
INVA	D	0.01%
UI	A	0.01%
ARE	D	0.01%
ADMA	B	0.01%
EXLS	B	0.01%
CFR	B	0.01%
RXRX	F	0.01%
GSAT	C	0.01%
PNFP	B	0.01%
O	D	0.01%
CRSR	C	0.01%
CLDX	F	0.01%
VLY	B	0.01%
NGVT	B	0.01%
FHI	A	0.01%
EXPI	C	0.01%
TVTX	B	0.01%
ICFI	F	0.01%
SPTN	D	0.01%
NSIT	F	0.01%
BECN	B	0.01%
IRM	D	0.01%
PINC	B	0.01%
TEX	D	0.01%
MDXG	B	0.01%
PAYC	B	0.01%
HLI	B	0.01%
WBS	A	0.01%
ERIE	D	0.01%
HRMY	D	0.01%
CGON	F	0.01%
NMRK	B	0.01%
IDT	B	0.01%
KO	D	0.01%
HUBB	B	0.01%
AXTA	A	0.01%
BCC	B	0.01%
AGIO	C	0.01%
CPRX	C	0.01%
IRWD	F	0.01%
KIM	A	0.01%
FNA	C	0.01%
KFY	B	0.01%
KEX	C	0.01%
FTV	C	0.01%
BGC	C	0.01%
ASH	D	0.01%
ARVN	D	0.01%
TWST	D	0.01%
ALB	C	0.01%
LMAT	A	0.01%
CDNS	B	0.01%
IDYA	F	0.01%
HOV	D	0.01%
CNXC	F	0.01%
NHC	C	0.01%
WTFC	A	0.01%
KEYS	A	0.01%
BURL	A	0.01%
TGNA	B	0.01%
TTWO	A	0.01%
BOKF	B	0.01%
VSH	D	0.01%
UFPI	B	0.01%
WAL	B	0.01%
PDCO	D	0.01%
CSTL	D	0.01%
LGF.A	C	0.01%
RNA	D	0.01%
TER	D	0.01%
INSP	D	0.01%
KYMR	D	0.01%
TTMI	B	0.01%
STGW	B	0.01%
AMRK	F	0.01%
TXG	F	0.01%
VNO	B	0.01%
XRAY	F	0.01%
TARS	B	0.01%
CSGP	D	0.01%
NVST	B	0.01%
HHH	B	0.01%
LGND	B	0.01%
BC	C	0.01%
RGEN	D	0.01%
RRX	B	0.01%
PBH	A	0.01%
ESI	A	0.01%
TRU	D	0.01%
AKAM	D	0.01%
H	B	0.01%
ASGN	F	0.01%
CLH	B	0.01%
TNL	A	0.01%
DVAX	C	0.01%
FCNCA	A	0.01%
GNRC	B	0.01%
BZH	B	0.01%
UFPT	B	0.01%
LGIH	D	0.01%
XNCR	B	0.01%
SEIC	B	0.01%
KROS	D	0.01%
COIN	C	0.01%
FFIV	B	0.01%
NXST	C	0.01%
AME	A	0.01%
TRMB	B	0.01%
NARI	C	0.01%
EEFT	B	0.01%
ADSK	A	0.01%
CNO	A	0.01%
GT	C	0.01%
BCO	D	0.01%
THO	B	0.01%
RYTM	C	0.01%
IOVA	F	0.01%
BHE	B	0.01%
GEN	B	0.01%
TTEK	F	0.01%
JNPR	F	0.01%
EWBC	A	0.01%
AMG	B	0.01%
PRVA	B	0.01%
VCEL	B	0.01%
CIEN	B	0.01%
SNV	B	0.01%
DOV	A	0.01%
LILAK	D	0.01%
VERA	B	0.01%
ABNB	C	0.01%
PSA	D	0.01%
CNDT	C	0.01%
VRSK	A	0.01%
VIR	D	0.01%
ROP	B	0.01%
COHR	B	0.01%
AMPH	D	0.01%
EDR	A	0.01%
FOLD	F	0.01%
EFX	F	0.01%
HAIN	C	0.01%
VAC	B	0.01%
FCN	D	0.01%
SWTX	C	0.01%
GDDY	A	0.01%
URI	B	0.01%
ARWR	F	0.01%
SCLX	F	0.0%
VIRT	B	0.0%
OABI	F	0.0%
PHAT	F	0.0%
ABUS	D	0.0%
BLFS	C	0.0%
ABSI	F	0.0%
QTRX	F	0.0%
PRME	F	0.0%
ANAB	F	0.0%
CELC	F	0.0%
OLMA	F	0.0%
SVRA	D	0.0%
ORIC	F	0.0%
LYEL	F	0.0%
SIGA	F	0.0%
ALGM	D	0.0%
STOK	F	0.0%
FORM	D	0.0%
OSCR	D	0.0%
YMAB	F	0.0%
LQDA	D	0.0%
ALEC	F	0.0%
ALT	C	0.0%
CTKB	C	0.0%
NUVB	C	0.0%
PLAB	C	0.0%
RLAY	F	0.0%
DFIN	D	0.0%
PGNY	F	0.0%
MPWR	F	0.0%
TYRA	F	0.0%
FDMT	F	0.0%
IMNM	F	0.0%
MSGS	A	0.0%
NDSN	B	0.0%
TW	A	0.0%
COGT	D	0.0%
MODG	F	0.0%
BSY	D	0.0%
ARCT	F	0.0%
WAFD	B	0.0%
GIC	D	0.0%
APLT	B	0.0%
NVEE	F	0.0%
EOLS	D	0.0%
ZEUS	C	0.0%
REYN	D	0.0%
IBP	D	0.0%
WSFS	A	0.0%
CRAI	B	0.0%
ONTO	D	0.0%
HZO	D	0.0%
UCB	A	0.0%
SAGE	F	0.0%
MMI	B	0.0%
PLRX	F	0.0%
MNMD	C	0.0%
CNS	B	0.0%
AEIS	B	0.0%
MLYS	F	0.0%
EYPT	F	0.0%
SAVA	D	0.0%
COLB	A	0.0%
ETNB	C	0.0%
IRON	B	0.0%
GGG	B	0.0%
CNA	B	0.0%
VSAT	F	0.0%
SAFT	C	0.0%
GOLF	B	0.0%
COTY	F	0.0%
SPRY	D	0.0%
STEP	B	0.0%
CBT	C	0.0%
ITRI	B	0.0%
TKR	D	0.0%
MLI	C	0.0%
AZZ	B	0.0%
FHB	A	0.0%
ARQT	C	0.0%
TKO	B	0.0%
CRUS	D	0.0%
KIDS	D	0.0%
ANF	C	0.0%
SIBN	F	0.0%
TRIP	F	0.0%
TTD	B	0.0%
CHH	A	0.0%
FRT	B	0.0%
ROG	D	0.0%
RCUS	F	0.0%
CBZ	B	0.0%
SANA	F	0.0%
EXR	D	0.0%
PNTG	D	0.0%
DCI	B	0.0%
NRIX	D	0.0%
EVH	F	0.0%
HOMB	A	0.0%
ACHC	F	0.0%
SCHL	D	0.0%
PTC	A	0.0%
HSII	B	0.0%
CATY	B	0.0%
YORW	D	0.0%
POOL	C	0.0%
SLAB	D	0.0%
CARR	D	0.0%
GBCI	B	0.0%

HKND Underweight 34 Positions Relative to SPVM

Symbol	Grade	Weight
GM	B	-2.4%
DAL	C	-1.71%
VLO	C	-1.55%
PSX	C	-1.35%
MPC	D	-1.31%
STLD	B	-1.16%
NRG	B	-1.08%
KMI	A	-1.03%
BRK.A	B	-1.01%
ACGL	D	-1.0%
BKR	B	-0.97%
NUE	C	-0.96%
MRO	B	-0.93%
SW	A	-0.93%
CB	C	-0.92%
BALL	D	-0.91%
EOG	A	-0.9%
ATO	A	-0.89%
CCL	B	-0.87%
NCLH	B	-0.86%
IP	B	-0.84%
XOM	B	-0.84%
PCAR	B	-0.83%
LYB	F	-0.76%
EQT	B	-0.75%
OKE	A	-0.74%
FANG	D	-0.72%
HII	D	-0.71%
TXT	D	-0.7%
COP	C	-0.67%
DUK	C	-0.66%
HAL	C	-0.64%
CTRA	B	-0.64%
PEG	A	-0.61%