HKND vs. VFQY ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Vanguard U.S. Quality Factor ETF (VFQY)

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

$33.06

Average Daily Volume

3,697

Number of Holdings ^*

954

* may have additional holdings in another (foreign) market

VFQY

Vanguard U.S. Quality Factor ETF

VFQY Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with strong fundamentals as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$140.01

Average Daily Volume

9,752

Number of Holdings ^*

354

* may have additional holdings in another (foreign) market

Performance

Period	HKND	VFQY
30 Days	2.63%	3.97%
60 Days	3.11%	1.29%
90 Days	6.01%	3.63%
12 Months	18.88%	23.83%

180 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in VFQY	Overlap
A	C	0.15%	0.23%	0.15%
AAP	F	0.02%	0.13%	0.02%
AAPL	D	2.14%	2.18%	2.14%
ABBV	B	1.96%	0.71%	0.71%
ACAD	F	0.02%	0.02%	0.02%
ADBE	D	0.05%	1.81%	0.05%
ADP	A	0.07%	0.49%	0.07%
ADSK	B	0.01%	0.77%	0.01%
AEO	F	0.01%	0.08%	0.01%
AFL	B	0.09%	0.47%	0.09%
AIG	D	0.23%	0.67%	0.23%
AIT	C	0.01%	0.24%	0.01%
ALGN	D	0.02%	0.05%	0.02%
AMAT	D	0.14%	0.67%	0.14%
AMP	B	0.07%	0.62%	0.07%
AMZN	C	0.58%	1.06%	0.58%
ANF	D	0.0%	0.55%	0.0%
ANIP	F	0.01%	0.08%	0.01%
AOS	D	0.01%	0.3%	0.01%
APAM	C	0.01%	0.06%	0.01%
AXP	B	0.2%	1.39%	0.2%
AYI	B	0.05%	0.55%	0.05%
BBSI	B	0.0%	0.18%	0.0%
BBY	B	0.28%	0.49%	0.28%
BCC	C	0.01%	0.16%	0.01%
BECN	D	0.01%	0.03%	0.01%
BHF	F	0.02%	0.12%	0.02%
BK	A	0.11%	0.09%	0.09%
BKNG	B	0.06%	0.03%	0.03%
BLDR	C	0.02%	0.37%	0.02%
BOKF	B	0.01%	0.15%	0.01%
BRKR	D	0.06%	0.08%	0.06%
BXC	D	0.01%	0.16%	0.01%
CACC	F	0.01%	0.03%	0.01%
CATY	C	0.0%	0.11%	0.0%
CCRN	F	0.01%	0.07%	0.01%
CDNS	D	0.01%	0.37%	0.01%
CDW	D	0.08%	0.06%	0.06%
CFG	C	0.04%	0.23%	0.04%
CHE	C	0.03%	0.32%	0.03%
CMI	C	0.05%	0.11%	0.05%
CNM	F	0.01%	0.34%	0.01%
CNO	B	0.01%	0.37%	0.01%
CNXN	B	0.03%	0.07%	0.03%
COST	B	0.11%	1.15%	0.11%
CPRX	B	0.01%	0.02%	0.01%
CR	C	0.03%	0.23%	0.03%
CRAI	C	0.0%	0.07%	0.0%
CRUS	D	0.01%	0.25%	0.01%
CRVL	B	0.01%	0.18%	0.01%
CTAS	B	0.04%	1.1%	0.04%
CTS	D	0.0%	0.06%	0.0%
DCI	D	0.0%	0.51%	0.0%
DFIN	B	0.0%	0.1%	0.0%
DKS	D	0.02%	0.42%	0.02%
EA	C	0.02%	0.33%	0.02%
EBAY	A	0.05%	0.42%	0.05%
ECL	A	0.91%	0.37%	0.37%
EL	F	0.03%	0.06%	0.03%
EME	A	0.02%	0.08%	0.02%
ENPH	D	0.12%	0.09%	0.09%
EQH	C	0.05%	0.7%	0.05%
EW	D	0.28%	0.32%	0.28%
EXLS	B	0.01%	0.04%	0.01%
EXPE	C	0.04%	0.38%	0.04%
FAST	C	0.03%	0.57%	0.03%
FELE	D	0.25%	0.05%	0.05%
FFIV	A	0.01%	0.13%	0.01%
FIX	B	0.01%	0.11%	0.01%
FLO	C	0.1%	0.44%	0.1%
FULT	D	0.0%	0.06%	0.0%
GGG	C	0.0%	0.09%	0.0%
GILD	B	0.74%	2.06%	0.74%
GL	C	0.02%	0.27%	0.02%
GMS	C	0.01%	0.15%	0.01%
GOLF	D	0.0%	0.05%	0.0%
GOOGL	D	3.6%	0.21%	0.21%
GPC	D	0.05%	0.25%	0.05%
GWW	B	0.05%	0.18%	0.05%
HAE	D	0.06%	0.13%	0.06%
HAS	B	0.01%	0.24%	0.01%
HOLX	B	0.28%	0.07%	0.07%
HSY	B	0.06%	0.11%	0.06%
HWKN	C	0.03%	0.12%	0.03%
IDT	C	0.01%	0.15%	0.01%
IDXX	C	0.02%	1.57%	0.02%
INCY	C	0.09%	0.03%	0.03%
IOSP	D	0.01%	0.09%	0.01%
IT	B	0.03%	0.36%	0.03%
JBSS	F	0.01%	0.16%	0.01%
JKHY	A	0.01%	0.18%	0.01%
JNJ	B	2.19%	1.3%	1.3%
JXN	B	0.02%	0.28%	0.02%
K	A	0.26%	0.28%	0.26%
KD	D	0.07%	0.37%	0.07%
KELYA	D	0.02%	0.03%	0.02%
KEYS	C	0.01%	0.02%	0.01%
KFRC	F	0.01%	0.24%	0.01%
KLAC	D	0.05%	1.59%	0.05%
KMB	C	0.1%	0.09%	0.09%
KO	B	0.01%	0.13%	0.01%
KR	B	0.21%	0.45%	0.21%
KVUE	B	0.43%	0.35%	0.35%
LANC	D	0.01%	0.12%	0.01%
LECO	D	0.02%	0.26%	0.02%
LLY	C	2.04%	0.73%	0.73%
LNTH	C	0.03%	0.32%	0.03%
LRCX	F	0.09%	1.57%	0.09%
MA	A	0.12%	0.17%	0.12%
MAN	D	0.1%	0.12%	0.1%
MAT	C	0.01%	0.4%	0.01%
MCHP	D	0.02%	0.7%	0.02%
MCO	B	0.03%	0.07%	0.03%
MEDP	D	0.04%	0.28%	0.04%
MLI	B	0.0%	0.19%	0.0%
MMM	A	0.06%	1.86%	0.06%
MOH	C	0.07%	0.14%	0.07%
MPWR	C	0.01%	0.34%	0.01%
MRK	D	1.81%	1.22%	1.22%
MSM	D	0.01%	0.53%	0.01%
MTG	B	0.01%	0.07%	0.01%
MYGN	C	0.01%	0.06%	0.01%
NSP	F	0.03%	0.31%	0.03%
NTAP	D	0.03%	0.61%	0.03%
NTRS	B	0.04%	0.3%	0.04%
NVDA	D	0.08%	0.73%	0.08%
NVR	B	0.05%	0.1%	0.05%
NYT	C	0.01%	0.1%	0.01%
PAYX	B	0.02%	0.66%	0.02%
PCRX	F	0.01%	0.05%	0.01%
PDCO	D	0.01%	0.06%	0.01%
PEP	B	0.41%	1.33%	0.41%
PG	A	4.15%	0.26%	0.26%
PII	D	0.01%	0.22%	0.01%
PJT	C	0.0%	0.19%	0.0%
PLAB	D	0.0%	0.18%	0.0%
POOL	C	0.0%	0.41%	0.0%
PPG	C	0.04%	0.08%	0.04%
PRLB	D	0.01%	0.09%	0.01%
PSTG	D	0.01%	0.24%	0.01%
PYPL	B	0.08%	0.28%	0.08%
QCOM	D	0.14%	1.87%	0.14%
RDN	C	0.01%	0.07%	0.01%
RHI	D	0.03%	0.43%	0.03%
RMD	B	0.21%	0.05%	0.05%
ROK	D	0.02%	0.37%	0.02%
ROKU	C	0.04%	0.03%	0.03%
ROST	C	0.03%	0.77%	0.03%
RS	D	0.03%	0.12%	0.03%
SCHL	D	0.01%	0.05%	0.01%
SEIC	C	0.01%	0.08%	0.01%
SNA	B	0.01%	0.04%	0.01%
SNPS	D	0.02%	0.19%	0.02%
SOLV	C	0.17%	0.1%	0.1%
SONO	F	0.0%	0.12%	0.0%
SPTN	C	0.01%	0.05%	0.01%
STT	B	0.09%	0.53%	0.09%
SUPN	D	0.01%	0.06%	0.01%
SYF	D	0.07%	0.32%	0.07%
TDC	F	0.01%	0.45%	0.01%
TER	D	0.01%	0.13%	0.01%
TGT	C	0.13%	1.47%	0.13%
TJX	B	0.06%	1.64%	0.06%
TNC	D	0.01%	0.09%	0.01%
TNET	D	0.02%	0.22%	0.02%
TRIP	F	0.0%	0.11%	0.0%
TTC	D	0.04%	0.11%	0.04%
TXG	D	0.02%	0.12%	0.02%
UFPI	C	0.01%	0.33%	0.01%
ULTA	D	0.02%	0.28%	0.02%
UVE	B	0.0%	0.1%	0.0%
V	A	0.16%	1.43%	0.16%
VRT	C	0.01%	0.2%	0.01%
WBA	F	0.21%	0.1%	0.1%
WMS	D	0.02%	0.25%	0.02%
WMT	B	1.07%	1.73%	1.07%
WSFS	D	0.0%	0.34%	0.0%
WTS	C	0.02%	0.16%	0.02%
ZEUS	F	0.0%	0.08%	0.0%
ZION	D	0.01%	0.34%	0.01%

HKND Overweight 774 Positions Relative to VFQY

Symbol	Grade	Weight
MSFT	C	2.3%
DE	B	1.95%
PFE	C	1.63%
MOS	F	1.58%
ADM	D	1.58%
CL	C	1.41%
CTVA	B	1.41%
INTC	F	1.39%
BDX	D	1.15%
SYK	B	1.15%
CI	B	1.12%
ABT	B	1.12%
AMGN	B	1.08%
UNH	C	0.98%
HCA	A	0.96%
BG	F	0.94%
GEHC	C	0.93%
CF	C	0.91%
VZ	A	0.91%
TMO	B	0.89%
DELL	D	0.89%
T	A	0.88%
BAX	C	0.88%
BMY	C	0.88%
HPQ	D	0.75%
FMC	C	0.74%
BSX	B	0.73%
JPM	D	0.7%
CMCSA	D	0.66%
AGCO	D	0.65%
DGX	B	0.62%
REGN	C	0.61%
VRTX	C	0.6%
DHR	B	0.59%
IQV	C	0.52%
SJM	C	0.51%
BAC	D	0.51%
INGR	B	0.49%
FDP	B	0.49%
CVS	D	0.45%
ZBH	D	0.44%
MCK	F	0.44%
ELV	B	0.43%
WFC	F	0.41%
C	D	0.39%
AWK	A	0.38%
CHD	B	0.37%
TMUS	A	0.37%
CAG	B	0.37%
HD	B	0.36%
VLTO	B	0.35%
MS	D	0.34%
GS	D	0.33%
MDLZ	B	0.33%
ISRG	B	0.32%
CNC	C	0.32%
GIS	B	0.31%
CAH	B	0.31%
BIIB	F	0.3%
THC	B	0.3%
DD	B	0.3%
J	D	0.29%
MRNA	F	0.29%
HUM	F	0.28%
SPB	B	0.28%
IBM	A	0.25%
CLX	B	0.24%
VTRS	C	0.23%
LOW	B	0.23%
ALL	A	0.22%
PGR	B	0.22%
UHS	B	0.21%
MET	B	0.2%
DOW	F	0.2%
HPE	F	0.19%
DIS	D	0.19%
TFX	B	0.18%
DHI	B	0.17%
PRU	C	0.17%
ORCL	B	0.17%
CHTR	D	0.17%
TRV	A	0.17%
ZWS	B	0.16%
CSCO	C	0.16%
COF	D	0.16%
CTLT	B	0.15%
FSLR	D	0.15%
ENOV	F	0.15%
TSLA	C	0.15%
AVTR	B	0.15%
LEN	B	0.14%
MMC	A	0.13%
DXCM	F	0.13%
HSIC	D	0.13%
AIZ	C	0.12%
JBL	D	0.12%
RUN	C	0.12%
USB	C	0.12%
DVA	A	0.12%
CBRE	B	0.11%
RPRX	C	0.11%
OGN	C	0.11%
AHCO	B	0.11%
WDC	D	0.1%
TXN	D	0.1%
TITN	F	0.1%
LUMN	C	0.1%
TFC	D	0.1%
AVGO	C	0.1%
SEM	D	0.1%
BLK	A	0.1%
ICUI	B	0.1%
PNC	B	0.1%
FTRE	F	0.1%
HIG	B	0.1%
MU	F	0.1%
BIO	C	0.09%
CRL	D	0.09%
ILMN	C	0.09%
BMRN	F	0.09%
ALNY	C	0.09%
GLW	C	0.09%
ACM	B	0.08%
IART	F	0.08%
ALG	D	0.08%
ITGR	B	0.08%
CWT	A	0.08%
EMBC	C	0.08%
NFLX	B	0.08%
UTHR	C	0.08%
CTSH	B	0.08%
POST	C	0.08%
CPB	B	0.08%
MTD	D	0.08%
WTRG	D	0.08%
AVB	B	0.07%
NBIX	D	0.07%
DFS	C	0.07%
SCHW	D	0.07%
SYY	C	0.07%
PHM	B	0.07%
UAN	D	0.07%
EHC	B	0.07%
MMSI	A	0.07%
EQR	B	0.07%
FNF	B	0.07%
CRM	D	0.07%
PODD	B	0.07%
LXU	D	0.07%
MASI	D	0.07%
DXC	C	0.07%
RDNT	B	0.07%
PFG	C	0.06%
SNX	D	0.06%
L	C	0.06%
CRBG	D	0.06%
BERY	B	0.06%
FOX	C	0.06%
GMED	D	0.06%
VTR	B	0.06%
SRPT	F	0.06%
RGA	B	0.06%
CNMD	D	0.06%
AMD	D	0.06%
WST	F	0.06%
ACI	D	0.06%
IFF	B	0.06%
WBD	D	0.06%
WAT	C	0.06%
TECH	D	0.06%
TOL	B	0.05%
GXO	D	0.05%
FAF	A	0.05%
KLG	C	0.05%
OMI	D	0.05%
SMG	C	0.05%
MAA	A	0.05%
MKC	B	0.05%
PCVX	B	0.05%
OMC	B	0.05%
OPK	C	0.05%
ALLY	F	0.05%
INVH	B	0.05%
RJF	C	0.05%
AVNS	B	0.05%
SQ	D	0.05%
MKL	C	0.05%
SUI	B	0.05%
SJW	C	0.05%
MAR	D	0.05%
WLK	D	0.05%
WM	D	0.05%
GPN	C	0.04%
TNDM	C	0.04%
FIS	A	0.04%
AFG	B	0.04%
LKQ	D	0.04%
WMG	D	0.04%
SCSC	D	0.04%
VKTX	C	0.04%
RSG	B	0.04%
KDP	B	0.04%
EXAS	C	0.04%
ORI	B	0.04%
JEF	B	0.04%
AZO	C	0.04%
ORLY	B	0.04%
TROW	D	0.04%
UNFI	C	0.04%
ADI	D	0.04%
OPCH	C	0.04%
IONS	F	0.04%
AMT	B	0.04%
SWK	B	0.04%
NOVT	D	0.04%
HUN	D	0.04%
AJG	A	0.04%
ESS	A	0.04%
CINF	B	0.04%
AWR	B	0.04%
WHR	D	0.04%
FITB	B	0.04%
APH	D	0.04%
LNC	D	0.04%
WRB	C	0.04%
EXEL	A	0.04%
JLL	B	0.04%
SHW	A	0.04%
PEN	D	0.04%
FYBR	C	0.04%
CG	D	0.03%
AMED	D	0.03%
OPEN	D	0.03%
CME	B	0.03%
APLS	D	0.03%
WU	F	0.03%
GNW	B	0.03%
UNP	B	0.03%
XRX	F	0.03%
MTH	B	0.03%
VOYA	A	0.03%
ARW	C	0.03%
SMMT	C	0.03%
KBH	B	0.03%
NEO	C	0.03%
ITW	B	0.03%
MIDD	D	0.03%
PLD	B	0.03%
LYV	C	0.03%
ENR	D	0.03%
ON	D	0.03%
SPG	B	0.03%
SANM	D	0.03%
DAR	F	0.03%
OFIX	C	0.03%
RVMD	C	0.03%
FLGT	D	0.03%
TWI	D	0.03%
INTU	C	0.03%
ENSG	A	0.03%
MD	C	0.03%
NWS	D	0.03%
HALO	B	0.03%
BBIO	D	0.03%
HBAN	B	0.03%
SNEX	C	0.03%
IRDM	D	0.03%
ZBRA	C	0.03%
AMRX	B	0.03%
CPT	B	0.03%
LBRDA	D	0.03%
UPS	D	0.03%
TDS	B	0.03%
SPGI	A	0.03%
CYTK	D	0.03%
IVZ	C	0.03%
BPMC	F	0.03%
EMR	D	0.03%
ICE	B	0.03%
ELS	B	0.03%
AMH	B	0.03%
LNN	C	0.03%
MTB	B	0.03%
BEN	D	0.03%
UNM	B	0.03%
ITCI	D	0.03%
RF	C	0.03%
RKT	B	0.03%
GME	F	0.03%
LPLA	F	0.03%
UDR	B	0.03%
PH	B	0.03%
IPG	C	0.03%
SGRY	C	0.03%
TMHC	B	0.03%
KEY	B	0.03%
R	B	0.02%
ATR	A	0.02%
ANET	C	0.02%
TTEK	B	0.02%
STC	B	0.02%
ARWR	F	0.02%
AVT	D	0.02%
PTCT	C	0.02%
MRVI	C	0.02%
IBKR	B	0.02%
IOVA	D	0.02%
HST	D	0.02%
SRCL	A	0.02%
NATL	D	0.02%
CLDX	C	0.02%
GH	D	0.02%
SWTX	D	0.02%
NWL	C	0.02%
CMA	B	0.02%
CORT	B	0.02%
ADTN	F	0.02%
FCN	C	0.02%
MCY	C	0.02%
EFX	B	0.02%
FOLD	D	0.02%
SMPL	D	0.02%
XRAY	D	0.02%
GKOS	D	0.02%
COOP	B	0.02%
UTZ	C	0.02%
TPG	B	0.02%
AMRK	C	0.02%
OTIS	C	0.02%
CRNX	C	0.02%
AXSM	C	0.02%
ATRC	D	0.02%
HAIN	D	0.02%
BR	B	0.02%
DOX	C	0.02%
DLR	A	0.02%
CENTA	D	0.02%
ALIT	D	0.02%
GAP	F	0.02%
MAS	B	0.02%
SMCI	F	0.02%
OMF	D	0.02%
MHO	B	0.02%
INSM	D	0.02%
PWR	C	0.02%
TSCO	B	0.02%
APD	B	0.02%
CCS	B	0.02%
MDGL	F	0.02%
NDAQ	B	0.02%
TPH	C	0.02%
ZG	B	0.02%
COMP	B	0.02%
ADV	C	0.02%
RARE	B	0.02%
CNXC	D	0.02%
PFSI	B	0.02%
BKD	D	0.02%
ENTG	D	0.02%
LILAK	C	0.02%
BRO	B	0.02%
KRYS	D	0.02%
NOW	B	0.02%
SWKS	F	0.02%
CCI	B	0.02%
JJSF	D	0.02%
AZTA	D	0.02%
HLT	B	0.02%
AMKR	D	0.02%
GFS	F	0.02%
WSO	C	0.02%
SSNC	A	0.02%
KMPR	D	0.02%
EQIX	B	0.02%
ABM	D	0.02%
USM	B	0.02%
THS	C	0.02%
SF	B	0.02%
SIRI	C	0.02%
MMS	D	0.02%
REZI	D	0.02%
MSI	B	0.02%
APO	C	0.02%
CSL	C	0.02%
CHWY	C	0.02%
WELL	B	0.02%
NUVL	B	0.02%
THG	A	0.02%
FLS	D	0.01%
COTY	D	0.01%
ABCB	B	0.01%
TOST	C	0.01%
KE	F	0.01%
SRRK	F	0.01%
NSC	C	0.01%
FIVE	D	0.01%
ONB	C	0.01%
UBSI	C	0.01%
URBN	D	0.01%
CMC	D	0.01%
UI	B	0.01%
EXR	A	0.01%
USPH	F	0.01%
DLB	D	0.01%
WH	B	0.01%
NX	D	0.01%
YORW	C	0.01%
CVCO	B	0.01%
FRPT	B	0.01%
VZIO	B	0.01%
SSYS	F	0.01%
SAGE	F	0.01%
MIRM	D	0.01%
RGNX	D	0.01%
SATS	B	0.01%
DBX	D	0.01%
RLAY	D	0.01%
AVO	B	0.01%
SIBN	D	0.01%
BRX	B	0.01%
PGNY	F	0.01%
LFST	C	0.01%
REG	B	0.01%
BKU	C	0.01%
SILK	A	0.01%
MC	B	0.01%
WTM	D	0.01%
TYL	B	0.01%
FICO	A	0.01%
WGO	D	0.01%
ANSS	D	0.01%
SSB	B	0.01%
KNF	B	0.01%
PLUS	B	0.01%
CADE	C	0.01%
VNT	D	0.01%
OZK	D	0.01%
IPGP	F	0.01%
PB	B	0.01%
UCTT	F	0.01%
TCBI	B	0.01%
BCRX	C	0.01%
APG	D	0.01%
DAY	C	0.01%
HURN	C	0.01%
KIDS	C	0.01%
DIOD	F	0.01%
GSAT	F	0.01%
CGEM	D	0.01%
HMN	C	0.01%
HWC	D	0.01%
ASB	D	0.01%
ACIW	B	0.01%
RLI	B	0.01%
HGV	D	0.01%
WD	B	0.01%
SYNA	F	0.01%
DAWN	F	0.01%
GRBK	B	0.01%
MTN	D	0.01%
DYN	D	0.01%
LFUS	D	0.01%
FDMT	F	0.01%
UMBF	B	0.01%
AKRO	C	0.01%
MDXG	F	0.01%
TVTX	B	0.01%
PIPR	B	0.01%
FDS	C	0.01%
SKY	B	0.01%
LCII	C	0.01%
FNB	D	0.01%
TRUP	B	0.01%
ACT	A	0.01%
FG	C	0.01%
CBSH	B	0.01%
KURA	C	0.01%
PNFP	B	0.01%
COIN	F	0.01%
TDOC	D	0.01%
NGVT	F	0.01%
VEEV	C	0.01%
WPC	B	0.01%
CFR	C	0.01%
PAYC	D	0.01%
PRG	B	0.01%
ASIX	C	0.01%
MNKD	B	0.01%
WBS	D	0.01%
XYL	D	0.01%
BRC	B	0.01%
CABO	F	0.01%
IR	D	0.01%
VLY	C	0.01%
CC	F	0.01%
SBH	C	0.01%
PTGX	B	0.01%
VRSN	D	0.01%
FHI	B	0.01%
RYAN	C	0.01%
HTH	C	0.01%
BEAM	F	0.01%
IMVT	D	0.01%
MTCH	C	0.01%
CSX	D	0.01%
KWR	D	0.01%
TARS	C	0.01%
IRT	A	0.01%
MORN	C	0.01%
ENS	D	0.01%
SITE	D	0.01%
FNA	F	0.01%
AXNX	B	0.01%
HLI	A	0.01%
RXRX	F	0.01%
UNF	B	0.01%
AGIO	D	0.01%
TTMI	D	0.01%
CRSR	F	0.01%
ALB	D	0.01%
LAMR	A	0.01%
RCM	C	0.01%
ADMA	C	0.01%
SNDX	F	0.01%
FND	C	0.01%
MSCI	C	0.01%
SXT	D	0.01%
IAC	C	0.01%
PINC	C	0.01%
VSAT	F	0.01%
TGNA	C	0.01%
EWTX	D	0.01%
SBAC	B	0.01%
UHAL	B	0.01%
AXTA	C	0.01%
ASTH	B	0.01%
WTFC	C	0.01%
HUBB	B	0.01%
EXPI	C	0.01%
DFH	C	0.01%
NTLA	F	0.01%
INVA	B	0.01%
DOC	B	0.01%
LMAT	B	0.01%
SANA	F	0.01%
ARDX	D	0.01%
AIV	B	0.01%
ACHC	C	0.01%
VNO	A	0.01%
RNA	D	0.01%
KEX	C	0.01%
TEX	D	0.01%
NMRK	B	0.01%
ADUS	B	0.01%
TTWO	D	0.01%
FL	D	0.01%
IRM	A	0.01%
KFY	B	0.01%
GNRC	D	0.01%
HRB	C	0.01%
TNL	F	0.01%
RCKT	F	0.01%
WAL	B	0.01%
GERN	D	0.01%
BGC	B	0.01%
COLL	C	0.01%
KIM	B	0.01%
ARE	B	0.01%
TRMB	C	0.01%
QRVO	F	0.01%
ICFI	B	0.01%
CIEN	C	0.01%
COHR	C	0.01%
IRWD	F	0.01%
NVST	D	0.01%
FTV	C	0.01%
DVAX	D	0.01%
TWST	D	0.01%
STGW	B	0.01%
NHC	D	0.01%
O	B	0.01%
RRX	C	0.01%
EWBC	D	0.01%
CSTL	B	0.01%
BURL	B	0.01%
XNCR	C	0.01%
PBH	B	0.01%
LGND	C	0.01%
ARVN	F	0.01%
CGON	C	0.01%
VERA	C	0.01%
HHH	C	0.01%
SNV	C	0.01%
BHE	C	0.01%
ESI	D	0.01%
AME	D	0.01%
EMN	A	0.01%
GT	F	0.01%
VAC	F	0.01%
FCNCA	D	0.01%
HRMY	B	0.01%
RYTM	C	0.01%
LGF.A	D	0.01%
BZH	B	0.01%
BC	D	0.01%
KROS	C	0.01%
VCEL	F	0.01%
EVH	C	0.01%
H	D	0.01%
AGL	F	0.01%
KYMR	B	0.01%
ASH	D	0.01%
CLH	B	0.01%
UWMC	C	0.01%
PRVA	F	0.01%
NTRA	B	0.01%
NARI	F	0.01%
TRU	A	0.01%
AMG	C	0.01%
ABNB	D	0.01%
BGS	D	0.01%
HOV	C	0.01%
CE	D	0.01%
NVAX	D	0.01%
DOV	B	0.01%
ATEC	F	0.01%
GDDY	D	0.01%
THO	C	0.01%
ASGN	D	0.01%
URI	C	0.01%
ACLX	B	0.01%
VSH	F	0.01%
RGEN	F	0.01%
ERIE	B	0.01%
JANX	C	0.01%
CNDT	C	0.01%
EEFT	F	0.01%
LGIH	C	0.01%
NXST	D	0.01%
CSGP	D	0.01%
NSIT	C	0.01%
TGTX	B	0.01%
VIR	F	0.01%
FDX	C	0.01%
UFPT	C	0.01%
ARES	C	0.01%
ESAB	C	0.01%
BBWI	F	0.01%
AKAM	D	0.01%
IDYA	F	0.01%
VRSK	D	0.01%
JNPR	B	0.01%
FTNT	B	0.01%
WCC	D	0.01%
DNLI	B	0.01%
EDR	A	0.01%
MRVL	C	0.01%
EVR	B	0.01%
FHN	C	0.01%
PLXS	B	0.01%
INSP	C	0.01%
ROP	B	0.01%
PANW	C	0.01%
SEE	D	0.01%
AMPH	C	0.01%
EPAM	D	0.01%
MSEX	C	0.01%
AMN	F	0.01%
SCI	A	0.01%
SIGI	C	0.01%
BXP	A	0.01%
WDAY	D	0.01%
PSA	A	0.01%
BCO	B	0.01%
SCLX	F	0.0%
VIRT	B	0.0%
OABI	D	0.0%
BLFS	B	0.0%
QTRX	F	0.0%
PRME	F	0.0%
ABSI	F	0.0%
ABUS	C	0.0%
CELC	F	0.0%
ALT	D	0.0%
APLT	D	0.0%
LYEL	F	0.0%
ORIC	D	0.0%
CTKB	F	0.0%
FORM	F	0.0%
OLMA	D	0.0%
LQDA	F	0.0%
ALGM	D	0.0%
MNMD	F	0.0%
STOK	C	0.0%
SVRA	F	0.0%
OSCR	C	0.0%
COLB	C	0.0%
TW	A	0.0%
SIGA	D	0.0%
EYPT	F	0.0%
MSGS	B	0.0%
YMAB	C	0.0%
ALEC	D	0.0%
AEIS	D	0.0%
NUVB	D	0.0%
NDSN	C	0.0%
PHAT	B	0.0%
BSY	D	0.0%
CNS	A	0.0%
SPRY	C	0.0%
WAFD	B	0.0%
STEP	B	0.0%
UCBI	B	0.0%
IRON	D	0.0%
ITRI	C	0.0%
MMI	C	0.0%
TTD	B	0.0%
ANAB	C	0.0%
ARCT	F	0.0%
NVEE	F	0.0%
LBPH	D	0.0%
IBP	C	0.0%
HSII	C	0.0%
FHB	C	0.0%
GBCI	C	0.0%
VRDN	C	0.0%
CHH	C	0.0%
HZO	C	0.0%
AZZ	D	0.0%
MLYS	F	0.0%
ETNB	F	0.0%
CBT	B	0.0%
PLRX	F	0.0%
COGT	C	0.0%
CBZ	F	0.0%
PCTY	D	0.0%
SAFT	C	0.0%
VCYT	B	0.0%
GIC	D	0.0%
SAVA	C	0.0%
NRIX	B	0.0%
HOMB	C	0.0%
TMCI	F	0.0%
ONTO	D	0.0%
PLAY	F	0.0%
PTC	D	0.0%
ITT	C	0.0%
OCUL	C	0.0%
MODG	F	0.0%
REYN	C	0.0%
TKO	B	0.0%
CNA	C	0.0%
VCTR	B	0.0%
ROG	D	0.0%
IMNM	D	0.0%
TYRA	D	0.0%
SFNC	B	0.0%
CARR	A	0.0%
TKR	D	0.0%
APP	B	0.0%
EOLS	C	0.0%
IEX	D	0.0%
SFM	B	0.0%
UFCS	D	0.0%
GTES	C	0.0%
FRT	B	0.0%
DORM	B	0.0%
PNTG	B	0.0%
ARQT	C	0.0%
RCUS	C	0.0%
FOUR	C	0.0%
IRTC	F	0.0%
SLAB	D	0.0%
ELVN	D	0.0%

HKND Underweight 174 Positions Relative to VFQY

Symbol	Grade	Weight
NKE	D	-1.39%
LULU	D	-1.09%
CHRW	C	-0.69%
META	B	-0.62%
LSTR	D	-0.58%
MPC	F	-0.53%
SLM	D	-0.51%
PRI	B	-0.51%
RPM	B	-0.5%
EOG	D	-0.49%
FBP	D	-0.49%
CVLT	B	-0.46%
BPOP	C	-0.42%
QLYS	F	-0.42%
RL	B	-0.42%
AX	D	-0.4%
DECK	C	-0.4%
CASH	B	-0.37%
WFRD	D	-0.37%
CAT	C	-0.36%
SSD	C	-0.35%
BJ	D	-0.34%
MANH	A	-0.34%
DLTR	F	-0.34%
M	D	-0.34%
SKX	C	-0.33%
OFG	C	-0.33%
WLY	C	-0.32%
VMI	D	-0.32%
TBBK	B	-0.31%
BLBD	C	-0.3%
ALKS	C	-0.3%
TPL	C	-0.3%
TPR	C	-0.3%
APOG	C	-0.29%
APPF	D	-0.29%
NTB	C	-0.29%
TREX	F	-0.27%
DOCU	C	-0.27%
LMB	C	-0.25%
EXPD	D	-0.24%
PVH	D	-0.22%
CPNG	B	-0.22%
MSA	D	-0.22%
LOPE	D	-0.22%
CASY	C	-0.22%
ELF	F	-0.21%
BBW	C	-0.21%
SHOO	B	-0.21%
SMAR	B	-0.2%
FIZZ	F	-0.2%
WDFC	C	-0.2%
NUS	F	-0.19%
TK	C	-0.19%
AVY	B	-0.18%
ODP	F	-0.18%
EXTR	C	-0.18%
SIG	C	-0.18%
SAM	F	-0.18%
EPAC	B	-0.18%
PINS	F	-0.17%
NMIH	B	-0.17%
SCS	C	-0.17%
OLN	D	-0.17%
OXY	F	-0.17%
ROL	B	-0.16%
PLMR	B	-0.16%
YELP	F	-0.16%
OXM	D	-0.16%
YOU	B	-0.15%
CSWI	B	-0.15%
CHCO	B	-0.15%
IESC	C	-0.15%
ASO	C	-0.14%
HCKT	C	-0.14%
CUBI	F	-0.14%
GIII	C	-0.14%
ATEN	C	-0.14%
PEGA	C	-0.14%
WABC	D	-0.14%
WHD	C	-0.14%
HNI	C	-0.13%
CAL	F	-0.13%
AON	B	-0.13%
PRMW	B	-0.12%
COKE	C	-0.12%
CSGS	C	-0.12%
SFIX	D	-0.12%
BELFB	C	-0.12%
CEIX	C	-0.12%
MRC	D	-0.12%
INDB	C	-0.12%
SRCE	C	-0.11%
ASC	D	-0.11%
BKE	B	-0.11%
KAI	C	-0.11%
SM	F	-0.11%
EGY	D	-0.11%
SLVM	B	-0.11%
TILE	B	-0.11%
PRDO	D	-0.1%
CVBF	C	-0.1%
LZB	C	-0.1%
MCRI	C	-0.1%
CRCT	D	-0.1%
FC	D	-0.1%
ARLO	F	-0.1%
MLKN	D	-0.1%
ODFL	D	-0.1%
CPF	B	-0.1%
STRL	C	-0.1%
NSSC	D	-0.09%
BHLB	C	-0.09%
CDRE	C	-0.09%
VRTS	D	-0.09%
SPOT	C	-0.09%
PSMT	B	-0.09%
UAA	C	-0.08%
CARG	B	-0.08%
ATKR	F	-0.08%
DAKT	D	-0.08%
ETH	F	-0.08%
MBUU	D	-0.08%
VITL	D	-0.08%
MUSA	B	-0.07%
MYE	F	-0.07%
POWL	C	-0.07%
AVAV	D	-0.07%
AMAL	B	-0.07%
CBU	C	-0.07%
MCFT	D	-0.07%
STLD	F	-0.07%
EVER	D	-0.07%
BMI	A	-0.07%
GTLB	D	-0.07%
OSUR	D	-0.06%
WTTR	D	-0.06%
RGP	D	-0.06%
THRY	D	-0.06%
TNK	D	-0.06%
OEC	F	-0.06%
LPX	B	-0.05%
EGBN	C	-0.05%
MBIN	C	-0.05%
SBSI	C	-0.05%
BLD	D	-0.05%
LYTS	C	-0.05%
CHGG	F	-0.05%
HY	D	-0.05%
ARCH	D	-0.05%
AMR	F	-0.05%
SXC	F	-0.04%
YEXT	C	-0.04%
CDNA	C	-0.04%
DKNG	D	-0.04%
REVG	D	-0.04%
EYE	F	-0.04%
SXI	D	-0.04%
LSCC	D	-0.04%
MOV	F	-0.04%
CLW	F	-0.04%
DUOL	C	-0.03%
LKFN	C	-0.03%
DHIL	C	-0.03%
WNC	F	-0.03%
DXLG	F	-0.03%
OII	D	-0.03%
OC	C	-0.02%
PFBC	C	-0.02%
PRTS	F	-0.02%
KRNY	D	-0.02%
USNA	F	-0.02%
TCMD	C	-0.02%
RYI	F	-0.02%