HKND vs. USCA ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Xtrackers MSCI USA Climate Action Equity ETF (USCA)

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

USCA

Xtrackers MSCI USA Climate Action Equity ETF

USCA Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is comprised of large and mid-capitalization companies in the United States that the underlying index"s methodology assesses as leading their sector peers in taking action relating to a climate transition. The fund will invest at least 80% of its total assets in component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.72

Average Daily Volume

99,900

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

Performance

Period	HKND	USCA
30 Days	1.63%	3.84%
60 Days	0.72%	5.61%
90 Days	1.42%	7.33%
12 Months	19.65%	34.59%

199 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in USCA	Overlap
A	D	0.14%	0.1%	0.1%
AAPL	C	2.18%	5.22%	2.18%
ABBV	D	1.67%	0.81%	0.81%
ABNB	C	0.01%	0.16%	0.01%
ABT	B	1.09%	0.54%	0.54%
ACM	A	0.08%	0.04%	0.04%
ADBE	C	0.05%	0.64%	0.05%
ADI	D	0.04%	0.29%	0.04%
ADP	B	0.07%	0.33%	0.07%
ADSK	A	0.01%	0.18%	0.01%
AIG	B	0.23%	0.14%	0.14%
AJG	B	0.04%	0.17%	0.04%
AKAM	D	0.01%	0.04%	0.01%
ALB	C	0.01%	0.03%	0.01%
AMD	F	0.06%	0.6%	0.06%
AME	A	0.01%	0.12%	0.01%
AMGN	D	0.96%	0.43%	0.43%
AMT	D	0.03%	0.24%	0.03%
AMZN	C	0.68%	5.12%	0.68%
ANSS	B	0.01%	0.08%	0.01%
APO	B	0.04%	0.17%	0.04%
ARE	D	0.01%	0.05%	0.01%
AVB	B	0.07%	0.09%	0.07%
AVGO	D	0.12%	2.03%	0.12%
AWK	D	0.34%	0.07%	0.07%
AXP	A	0.23%	0.45%	0.23%
BAC	A	0.59%	0.88%	0.59%
BIIB	F	0.24%	0.07%	0.07%
BK	A	0.12%	0.16%	0.12%
BKNG	A	0.08%	0.47%	0.08%
BLK	C	0.12%	0.42%	0.12%
BMY	B	1.05%	0.32%	0.32%
BR	A	0.02%	0.07%	0.02%
BSX	B	0.76%	0.35%	0.35%
BSY	D	0.0%	0.02%	0.0%
BXP	D	0.02%	0.03%	0.02%
CBRE	B	0.12%	0.11%	0.11%
CCI	D	0.02%	0.12%	0.02%
CDNS	B	0.01%	0.23%	0.01%
CG	A	0.03%	0.03%	0.03%
CHD	B	0.37%	0.07%	0.07%
CHTR	C	0.2%	0.1%	0.1%
CL	D	1.18%	0.19%	0.19%
CLX	B	0.24%	0.06%	0.06%
CMCSA	B	0.71%	0.46%	0.46%
CME	A	0.03%	0.22%	0.03%
CMI	A	0.06%	0.13%	0.06%
CPB	D	0.07%	0.02%	0.02%
CRL	C	0.09%	0.03%	0.03%
CRM	B	0.1%	0.86%	0.1%
CSCO	B	0.19%	0.63%	0.19%
CSL	C	0.03%	0.06%	0.03%
CSX	B	0.01%	0.19%	0.01%
CTAS	B	0.04%	0.21%	0.04%
CTLT	B	0.14%	0.03%	0.03%
CTSH	B	0.08%	0.11%	0.08%
CTVA	C	1.43%	0.11%	0.11%
CVS	D	0.43%	0.19%	0.19%
DAY	B	0.01%	0.03%	0.01%
DD	D	0.31%	0.09%	0.09%
DE	A	1.95%	0.28%	0.28%
DELL	C	1.11%	0.1%	0.1%
DFS	B	0.09%	0.12%	0.09%
DHR	F	0.51%	0.44%	0.44%
DIS	B	0.24%	0.54%	0.24%
DLR	B	0.02%	0.15%	0.02%
DOC	D	0.01%	0.04%	0.01%
DOV	A	0.01%	0.08%	0.01%
DVA	B	0.13%	0.02%	0.02%
EBAY	D	0.05%	0.09%	0.05%
ECL	D	0.89%	0.17%	0.17%
EFX	F	0.01%	0.09%	0.01%
EL	F	0.03%	0.04%	0.03%
EMR	A	0.04%	0.2%	0.04%
EQIX	A	0.02%	0.23%	0.02%
EQR	B	0.07%	0.07%	0.07%
EW	C	0.28%	0.11%	0.11%
FDS	B	0.01%	0.05%	0.01%
FDX	B	0.01%	0.19%	0.01%
FI	A	0.07%	0.33%	0.07%
FIS	C	0.04%	0.14%	0.04%
FSLR	F	0.14%	0.05%	0.05%
FTNT	C	0.02%	0.16%	0.02%
FTV	C	0.01%	0.07%	0.01%
GEN	B	0.01%	0.05%	0.01%
GGG	B	0.0%	0.04%	0.0%
GILD	C	0.85%	0.31%	0.31%
GIS	D	0.26%	0.1%	0.1%
GOOGL	C	4.19%	2.33%	2.33%
GPN	B	0.04%	0.08%	0.04%
GS	A	0.39%	0.51%	0.39%
H	B	0.01%	0.02%	0.01%
HD	A	0.4%	1.08%	0.4%
HIG	B	0.1%	0.1%	0.1%
HLT	A	0.03%	0.17%	0.03%
HPE	B	0.22%	0.07%	0.07%
HSY	F	0.06%	0.07%	0.06%
HUBB	B	0.01%	0.06%	0.01%
HUM	C	0.23%	0.09%	0.09%
IBM	C	0.25%	0.51%	0.25%
ICE	C	0.03%	0.24%	0.03%
IDXX	F	0.02%	0.1%	0.02%
IEX	B	0.01%	0.05%	0.01%
ILMN	D	0.1%	0.06%	0.06%
INCY	C	0.11%	0.04%	0.04%
INTC	D	1.8%	0.29%	0.29%
INTU	C	0.03%	0.53%	0.03%
IQV	D	0.43%	0.1%	0.1%
IT	C	0.03%	0.11%	0.03%
ITW	B	0.03%	0.22%	0.03%
JKHY	D	0.01%	0.03%	0.01%
JNJ	D	1.97%	0.98%	0.98%
JPM	A	0.77%	1.87%	0.77%
K	A	0.26%	0.06%	0.06%
KDP	D	0.03%	0.1%	0.03%
KIM	A	0.01%	0.04%	0.01%
KMB	D	0.09%	0.12%	0.09%
KO	D	0.01%	0.69%	0.01%
LH	C	0.93%	0.05%	0.05%
LLY	F	1.74%	1.71%	1.71%
MA	C	0.12%	1.16%	0.12%
MAR	B	0.06%	0.19%	0.06%
MCK	B	0.52%	0.22%	0.22%
MCO	B	0.03%	0.21%	0.03%
MDLZ	F	0.29%	0.24%	0.24%
MKC	D	0.04%	0.05%	0.04%
MMC	B	0.12%	0.29%	0.12%
MMM	D	0.06%	0.2%	0.06%
MRK	F	1.52%	0.67%	0.67%
MS	A	0.45%	0.44%	0.44%
MSFT	F	2.38%	4.41%	2.38%
MTCH	D	0.01%	0.02%	0.01%
MTD	D	0.07%	0.07%	0.07%
NDAQ	A	0.02%	0.09%	0.02%
NFLX	A	0.1%	0.97%	0.1%
NOW	A	0.02%	0.57%	0.02%
NSC	B	0.01%	0.16%	0.01%
NTRS	A	0.04%	0.06%	0.04%
NVDA	C	0.11%	6.73%	0.11%
O	D	0.01%	0.13%	0.01%
ORCL	B	0.22%	0.83%	0.22%
PANW	C	0.02%	0.34%	0.02%
PAYC	B	0.01%	0.03%	0.01%
PAYX	C	0.02%	0.13%	0.02%
PEP	F	0.38%	0.61%	0.38%
PFE	D	1.42%	0.4%	0.4%
PG	A	3.88%	1.06%	1.06%
PGR	A	0.22%	0.41%	0.22%
PLD	D	0.02%	0.29%	0.02%
PPG	F	0.03%	0.08%	0.03%
PTC	A	0.0%	0.06%	0.0%
PWR	A	0.02%	0.13%	0.02%
PYPL	B	0.1%	0.23%	0.1%
QCOM	F	0.14%	0.49%	0.14%
REG	B	0.01%	0.03%	0.01%
REGN	F	0.41%	0.22%	0.22%
ROK	B	0.02%	0.09%	0.02%
ROP	B	0.01%	0.16%	0.01%
RSG	A	0.04%	0.12%	0.04%
RVTY	F	0.11%	0.04%	0.04%
SCHW	B	0.09%	0.32%	0.09%
SHW	A	0.05%	0.26%	0.05%
SNPS	B	0.02%	0.23%	0.02%
SPG	B	0.03%	0.16%	0.03%
SPGI	C	0.03%	0.44%	0.03%
SQ	B	0.07%	0.12%	0.07%
STT	A	0.1%	0.08%	0.08%
T	A	0.89%	0.43%	0.43%
TFX	F	0.14%	0.02%	0.02%
TGT	F	0.13%	0.19%	0.13%
TMO	F	0.75%	0.55%	0.55%
TMUS	B	0.44%	0.34%	0.34%
TRMB	B	0.01%	0.05%	0.01%
TROW	B	0.04%	0.07%	0.04%
TRU	D	0.01%	0.05%	0.01%
TRV	B	0.18%	0.16%	0.16%
TSLA	B	0.21%	2.41%	0.21%
TW	A	0.0%	0.04%	0.0%
TXN	C	0.1%	0.5%	0.1%
ULTA	F	0.02%	0.05%	0.02%
UNH	C	0.96%	1.47%	0.96%
UNP	C	0.02%	0.39%	0.02%
UPS	C	0.03%	0.26%	0.03%
USB	A	0.14%	0.21%	0.14%
V	A	0.17%	1.31%	0.17%
VRSK	A	0.01%	0.11%	0.01%
VRTX	F	0.61%	0.34%	0.34%
VZ	C	0.86%	0.46%	0.46%
WAT	B	0.07%	0.06%	0.06%
WDAY	B	0.02%	0.15%	0.02%
WELL	A	0.03%	0.22%	0.03%
WFC	A	0.53%	0.69%	0.53%
WM	A	0.06%	0.24%	0.06%
WMT	A	1.15%	1.01%	1.01%
WRB	A	0.04%	0.05%	0.04%
WST	C	0.07%	0.07%	0.07%
WTRG	B	0.08%	0.03%	0.03%
XYL	D	0.01%	0.08%	0.01%
ZBH	C	0.45%	0.06%	0.06%

HKND Overweight 761 Positions Relative to USCA

Symbol	Grade	Weight
MOS	F	1.63%
ADM	D	1.37%
SYK	C	1.2%
BDX	F	1.09%
CI	F	1.0%
CF	B	0.98%
GEHC	F	0.9%
HCA	F	0.85%
BG	F	0.82%
HPQ	B	0.79%
BAX	D	0.7%
FMC	D	0.66%
AGCO	D	0.66%
DGX	A	0.62%
FDP	B	0.57%
INGR	B	0.53%
SJM	D	0.46%
C	A	0.44%
KVUE	A	0.43%
ISRG	A	0.35%
COR	B	0.34%
CAH	B	0.33%
THC	D	0.32%
ELV	F	0.32%
VLTO	D	0.32%
CAG	D	0.31%
SPB	C	0.29%
J	F	0.28%
FELE	B	0.27%
HOLX	D	0.26%
CNC	D	0.26%
LOW	D	0.25%
VTRS	A	0.25%
BBY	D	0.25%
KR	B	0.23%
ALL	A	0.22%
WBA	F	0.21%
MET	A	0.21%
COF	B	0.2%
ZWS	B	0.19%
RMD	C	0.19%
PRU	A	0.18%
UHS	D	0.18%
SOLV	C	0.17%
DOW	F	0.17%
LUMN	C	0.15%
MRNA	F	0.15%
ENOV	C	0.15%
LEN	D	0.14%
DXCM	D	0.14%
DHI	D	0.14%
AMAT	F	0.14%
JBL	B	0.14%
AIZ	A	0.13%
PNC	B	0.12%
MU	D	0.12%
AVTR	F	0.12%
HSIC	B	0.12%
GLW	B	0.11%
TFC	A	0.11%
COST	B	0.11%
SEM	B	0.11%
TITN	C	0.11%
WDC	D	0.1%
RPRX	D	0.1%
RDNT	B	0.1%
IART	C	0.1%
AHCO	F	0.1%
FTRE	D	0.1%
MASI	A	0.1%
ICUI	D	0.1%
AFL	B	0.09%
PODD	C	0.09%
MAN	D	0.09%
UTHR	C	0.09%
FLO	D	0.09%
LRCX	F	0.09%
AMP	A	0.09%
BIO	D	0.09%
ALNY	D	0.09%
SYF	B	0.09%
EMBC	C	0.08%
RUN	F	0.08%
DXC	B	0.08%
UAN	B	0.08%
EHC	B	0.08%
KD	B	0.08%
OGN	D	0.08%
ITGR	B	0.08%
WBD	C	0.08%
ALG	B	0.08%
LXU	B	0.08%
GMED	A	0.07%
TJX	A	0.07%
MOH	F	0.07%
NBIX	C	0.07%
ACI	C	0.07%
FOX	A	0.07%
SYY	B	0.07%
RJF	A	0.07%
PHM	D	0.07%
BMRN	D	0.07%
CWT	D	0.07%
ENPH	F	0.07%
MMSI	B	0.07%
FNF	B	0.07%
HAE	C	0.07%
POST	C	0.07%
UNFI	A	0.06%
BERY	B	0.06%
GXO	B	0.06%
MKL	A	0.06%
VTR	C	0.06%
EQH	B	0.06%
L	A	0.06%
SNX	C	0.06%
GWW	B	0.06%
EXEL	B	0.06%
PFG	D	0.06%
CNMD	C	0.06%
AYI	B	0.06%
CRBG	B	0.06%
CDW	F	0.06%
TECH	D	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%
SJW	D	0.05%
JEF	A	0.05%
BRKR	D	0.05%
FITB	A	0.05%
NVR	D	0.05%
WHR	B	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%
OMC	C	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%
AZO	C	0.04%
RHI	B	0.04%
LYV	A	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%
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%
KEY	B	0.04%
ESS	B	0.04%
CR	A	0.04%
PH	A	0.04%
GPC	D	0.04%
MTB	A	0.04%
TDS	B	0.04%
AWR	B	0.04%
WMG	C	0.04%
KLAC	D	0.04%
FYBR	D	0.04%
KLG	C	0.04%
UNM	A	0.04%
CINF	A	0.04%
ALLY	C	0.04%
TWI	F	0.03%
LNTH	D	0.03%
CORT	B	0.03%
WSO	A	0.03%
USM	B	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%
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%
FAST	B	0.03%
CYTK	F	0.03%
VOYA	B	0.03%
AMH	D	0.03%
OFIX	B	0.03%
ELS	C	0.03%
EXAS	D	0.03%
SF	B	0.03%
RS	B	0.03%
AMRX	C	0.03%
ENR	B	0.03%
IPG	D	0.03%
DAR	C	0.03%
IRDM	D	0.03%
NWS	B	0.03%
REZI	A	0.03%
NTAP	C	0.03%
UDR	B	0.03%
LKQ	D	0.03%
BPMC	C	0.03%
SWK	D	0.03%
IVZ	B	0.03%
SANM	B	0.03%
HBAN	A	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%
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%
APP	B	0.02%
AIT	A	0.02%
ACLX	C	0.02%
PCRX	C	0.02%
HST	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%
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%
ATR	B	0.02%
SWKS	F	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%
PLXS	B	0.02%
MRVL	B	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%
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%
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%
COMP	B	0.02%
BLDR	D	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%
SIRI	C	0.02%
TNDM	F	0.02%
FLGT	F	0.02%
ROST	C	0.02%
RKT	F	0.02%
ATRC	C	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%
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%
PLAY	D	0.01%
USPH	B	0.01%
SATS	D	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%
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%
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%
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%
CE	F	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%
SNA	A	0.01%
MYGN	F	0.01%
HGV	B	0.01%
BRC	D	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%
CXT	B	0.01%
CBSH	A	0.01%
ENS	D	0.01%
SSYS	C	0.01%
COLL	F	0.01%
KWR	C	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%
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%
ADMA	B	0.01%
EXLS	B	0.01%
CFR	B	0.01%
RXRX	F	0.01%
GSAT	C	0.01%
PNFP	B	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%
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%
AXTA	A	0.01%
BCC	B	0.01%
AGIO	C	0.01%
CPRX	C	0.01%
IRWD	F	0.01%
FNA	C	0.01%
KFY	B	0.01%
KEX	C	0.01%
BGC	C	0.01%
ASH	D	0.01%
ARVN	D	0.01%
TWST	D	0.01%
LMAT	A	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%
EMN	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%
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%
NARI	C	0.01%
EEFT	B	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%
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%
LILAK	D	0.01%
VERA	B	0.01%
PSA	D	0.01%
CNDT	C	0.01%
VIR	D	0.01%
COHR	B	0.01%
AMPH	D	0.01%
EDR	A	0.01%
FOLD	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%
COGT	D	0.0%
MODG	F	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%
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%
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 94 Positions Relative to USCA

Symbol	Grade	Weight
META	D	-3.41%
GOOG	C	-2.02%
XOM	B	-1.46%
CVX	A	-0.76%
ACN	C	-0.61%
LIN	D	-0.59%
MCD	D	-0.58%
CAT	B	-0.51%
NEE	D	-0.41%
ETN	A	-0.39%
COP	C	-0.36%
UBER	D	-0.36%
BX	A	-0.35%
PLTR	B	-0.32%
CB	C	-0.3%
SBUX	A	-0.3%
SO	D	-0.26%
NKE	D	-0.25%
TT	A	-0.25%
MELI	D	-0.23%
DUK	C	-0.23%
CMG	B	-0.22%
EOG	A	-0.21%
CRWD	B	-0.21%
ZTS	D	-0.21%
AON	A	-0.2%
CEG	D	-0.19%
GM	B	-0.18%
FCX	D	-0.17%
SLB	C	-0.17%
OKE	A	-0.17%
SRE	A	-0.16%
JCI	C	-0.16%
PCAR	B	-0.16%
KMI	A	-0.15%
NEM	D	-0.13%
WCN	A	-0.13%
D	C	-0.13%
CPRT	A	-0.13%
AEP	D	-0.13%
F	C	-0.12%
MNST	C	-0.12%
PEG	A	-0.12%
ODFL	B	-0.12%
BKR	B	-0.12%
STZ	D	-0.11%
TEAM	A	-0.11%
HES	B	-0.11%
HUBS	A	-0.1%
MLM	B	-0.1%
ACGL	D	-0.1%
LULU	C	-0.1%
EXC	C	-0.1%
XEL	A	-0.1%
YUM	B	-0.1%
SNOW	C	-0.1%
VICI	C	-0.09%
GRMN	B	-0.09%
ED	D	-0.09%
OXY	D	-0.09%
WAB	B	-0.09%
NUE	C	-0.09%
FANG	D	-0.09%
WTW	B	-0.08%
DECK	A	-0.07%
NET	B	-0.07%
CBOE	B	-0.06%
BAH	F	-0.06%
STLD	B	-0.06%
ES	D	-0.06%
ATO	A	-0.06%
WY	D	-0.06%
TWLO	A	-0.05%
RPM	A	-0.05%
MANH	D	-0.05%
PINS	D	-0.05%
EXPD	D	-0.05%
PNR	A	-0.05%
MRO	B	-0.05%
LVS	C	-0.05%
ZS	C	-0.05%
BALL	D	-0.05%
LII	A	-0.05%
LNT	A	-0.04%
JBHT	C	-0.04%
WSM	B	-0.04%
AVY	D	-0.04%
OC	A	-0.04%
WYNN	D	-0.03%
CCK	C	-0.03%
SNAP	C	-0.03%
TAP	C	-0.03%
OKTA	C	-0.03%
MGM	D	-0.02%