HKND vs. XJR ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to iShares ESG Screened S&P Small-Cap ETF (XJR)

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

$33.13

Average Daily Volume

4,959

Number of Holdings ^*

959

* may have additional holdings in another (foreign) market

XJR

iShares ESG Screened S&P Small-Cap ETF

XJR Description

The investment seeks to track the investment results of an index composed of small-capitalization U.S. equities while applying screens for company involvement in controversies and controversial business activities. The fund seeks to track the investment results of the S&P SmallCap 600 Sustainability Screened Index, which measures the performance of the small-capitalization sector of the U.S. equity market while excluding companies involved in controversial business activities and controversies, as determined by S&P Dow Jones Indices LLC. BFA uses a representative sampling indexing strategy to manage the fund. It is non-diversified.

Grade (RS Rating)

Last Trade

$44.36

Average Daily Volume

6,543

Number of Holdings ^*

541

* may have additional holdings in another (foreign) market

Performance

Period	HKND	XJR
30 Days	0.43%	7.14%
60 Days	0.81%	8.54%
90 Days	4.34%	12.99%
12 Months	22.94%	37.75%

183 Overlapping Holdings

	Symbol	Grade	Weight in HKND	Weight in XJR	Overlap
	AAP	D	0.02%	0.19%	0.02%
	ABCB	B	0.01%	0.34%	0.01%
	ABM	B	0.02%	0.29%	0.02%
	ACIW	B	0.01%	0.45%	0.01%
	ADUS	D	0.01%	0.19%	0.01%
	AEIS	B	0.0%	0.35%	0.0%
	AEO	F	0.01%	0.28%	0.01%
	AHCO	C	0.09%	0.08%	0.08%
	ALG	B	0.08%	0.16%	0.08%
	AMN	F	0.01%	0.13%	0.01%
	AMPH	C	0.02%	0.16%	0.02%
	ANIP	C	0.01%	0.08%	0.01%
	AORT	C	0.02%	0.09%	0.02%
	APAM	B	0.01%	0.0%	0.0%
	ASIX	B	0.01%	0.07%	0.01%
	ASTH	F	0.01%	0.19%	0.01%
	AVNS	D	0.04%	0.08%	0.04%
	AWR	B	0.04%	0.26%	0.04%
	AZZ	B	0.0%	0.2%	0.0%
	BCC	B	0.01%	0.45%	0.01%
	BGC	B	0.01%	0.28%	0.01%
	BGS	F	0.01%	0.06%	0.01%
	BHE	B	0.01%	0.14%	0.01%
	BKU	B	0.01%	0.0%	0.0%
	BLFS	B	0.0%	0.08%	0.0%
	BRC	B	0.01%	0.26%	0.01%
	CABO	C	0.01%	0.14%	0.01%
	CATY	B	0.0%	0.0%	0.0%
	CCS	F	0.02%	0.21%	0.02%
	CENTA	C	0.02%	0.14%	0.02%
	CMA	B	0.02%	0.7%	0.02%
	CNMD	C	0.06%	0.19%	0.06%
	CNS	B	0.0%	0.23%	0.0%
	CNXN	C	0.03%	0.07%	0.03%
	COLL	F	0.01%	0.09%	0.01%
	COOP	B	0.02%	0.5%	0.02%
	CORT	B	0.02%	0.4%	0.02%
	CPRX	B	0.01%	0.2%	0.01%
	CRSR	C	0.01%	0.03%	0.01%
	CRVL	B	0.01%	0.24%	0.01%
	CTKB	C	0.0%	0.05%	0.0%
	CTS	B	0.0%	0.13%	0.0%
	CVCO	B	0.01%	0.32%	0.01%
	CWT	D	0.07%	0.25%	0.07%
	DFIN	D	0.0%	0.13%	0.0%
	DIOD	F	0.01%	0.24%	0.01%
	DORM	B	0.01%	0.31%	0.01%
	DVAX	B	0.01%	0.12%	0.01%
	DXC	B	0.07%	0.31%	0.07%
	ENR	B	0.03%	0.18%	0.03%
	EXPI	B	0.01%	0.11%	0.01%
	FDP	B	0.57%	0.09%	0.09%
	FELE	B	0.26%	0.33%	0.26%
	FHB	B	0.0%	0.27%	0.0%
	FL	D	0.01%	0.17%	0.01%
	FLGT	F	0.03%	0.04%	0.03%
	FORM	D	0.0%	0.25%	0.0%
	FULT	B	0.0%	0.0%	0.0%
	GKOS	A	0.02%	0.59%	0.02%
	GMS	B	0.01%	0.31%	0.01%
	GNW	A	0.03%	0.0%	0.0%
	GRBK	D	0.01%	0.19%	0.01%
	GTES	B	0.01%	0.0%	0.0%
	HAIN	F	0.02%	0.07%	0.02%
	HMN	B	0.01%	0.0%	0.0%
	HRMY	D	0.01%	0.11%	0.01%
	HSII	B	0.0%	0.07%	0.0%
	HTH	B	0.01%	0.12%	0.01%
	HWKN	C	0.02%	0.17%	0.02%
	HZO	D	0.0%	0.05%	0.0%
	IAC	F	0.01%	0.3%	0.01%
	IART	C	0.11%	0.14%	0.11%
	IBP	F	0.0%	0.45%	0.0%
	ICUI	C	0.11%	0.35%	0.11%
	INVA	B	0.01%	0.09%	0.01%
	IOSP	B	0.01%	0.23%	0.01%
	IRWD	D	0.01%	0.05%	0.01%
	ITGR	B	0.08%	0.36%	0.08%
	ITRI	B	0.0%	0.44%	0.0%
	JBSS	F	0.01%	0.06%	0.01%
	JJSF	B	0.02%	0.22%	0.02%
	JXN	B	0.03%	0.05%	0.03%
	KELYA	F	0.02%	0.06%	0.02%
	KFY	B	0.01%	0.33%	0.01%
	KWR	C	0.01%	0.19%	0.01%
	LCII	D	0.01%	0.24%	0.01%
	LGIH	F	0.01%	0.19%	0.01%
	LGND	B	0.01%	0.17%	0.01%
	LMAT	B	0.01%	0.17%	0.01%
	LNC	B	0.05%	0.0%	0.0%
	LNN	B	0.03%	0.11%	0.03%
	LUMN	B	0.13%	0.65%	0.13%
	MC	B	0.01%	0.0%	0.0%
	MCY	B	0.02%	0.15%	0.02%
	MD	B	0.04%	0.11%	0.04%
	MHO	D	0.02%	0.37%	0.02%
	MLI	B	0.0%	0.8%	0.0%
	MMI	B	0.0%	0.08%	0.0%
	MMSI	A	0.07%	0.48%	0.07%
	MODG	F	0.0%	0.12%	0.0%
	MSEX	B	0.02%	0.1%	0.02%
	MSGS	B	0.0%	0.3%	0.0%
	MTH	D	0.03%	0.58%	0.03%
	MYGN	F	0.01%	0.13%	0.01%
	NARI	C	0.01%	0.21%	0.01%
	NEO	C	0.03%	0.16%	0.03%
	NGVT	B	0.01%	0.13%	0.01%
	NHC	B	0.01%	0.12%	0.01%
	NSIT	F	0.01%	0.4%	0.01%
	NVEE	C	0.0%	0.1%	0.0%
	NWL	B	0.02%	0.31%	0.02%
	NX	C	0.01%	0.12%	0.01%
	OGN	F	0.09%	0.35%	0.09%
	OMI	F	0.04%	0.07%	0.04%
	PBH	A	0.01%	0.31%	0.01%
	PCRX	D	0.02%	0.07%	0.02%
	PDCO	D	0.01%	0.14%	0.01%
	PINC	B	0.01%	0.2%	0.01%
	PIPR	B	0.01%	0.38%	0.01%
	PJT	B	0.01%	0.28%	0.01%
	PLAB	C	0.0%	0.13%	0.0%
	PLAY	C	0.01%	0.1%	0.01%
	PLUS	D	0.01%	0.2%	0.01%
	PLXS	B	0.02%	0.34%	0.02%
	PRG	C	0.01%	0.16%	0.01%
	PRLB	B	0.01%	0.07%	0.01%
	PRVA	B	0.01%	0.17%	0.01%
	PTGX	C	0.01%	0.23%	0.01%
	RCUS	C	0.0%	0.07%	0.0%
	RDN	C	0.01%	0.41%	0.01%
	RDNT	B	0.08%	0.37%	0.08%
	REZI	A	0.03%	0.25%	0.03%
	RGNX	F	0.0%	0.03%	0.0%
	RHI	B	0.03%	0.59%	0.03%
	ROG	D	0.0%	0.15%	0.0%
	RUN	F	0.12%	0.31%	0.12%
	SAFT	B	0.0%	0.1%	0.0%
	SANM	B	0.03%	0.34%	0.03%
	SATS	C	0.01%	0.25%	0.01%
	SBH	C	0.01%	0.11%	0.01%
	SCHL	D	0.0%	0.05%	0.0%
	SCSC	B	0.04%	0.09%	0.04%
	SEE	C	0.02%	0.0%	0.0%
	SEM	B	0.11%	0.33%	0.11%
	SFNC	B	0.01%	0.0%	0.0%
	SJW	D	0.05%	0.14%	0.05%
	SMPL	B	0.02%	0.26%	0.02%
	SNEX	B	0.03%	0.22%	0.03%
	SONO	C	0.01%	0.14%	0.01%
	SPTN	F	0.01%	0.06%	0.01%
	STC	C	0.01%	0.0%	0.0%
	STEP	B	0.0%	0.31%	0.0%
	SUPN	B	0.01%	0.16%	0.01%
	SXT	B	0.01%	0.27%	0.01%
	TDS	B	0.04%	0.23%	0.04%
	THS	F	0.02%	0.14%	0.02%
	TNC	F	0.01%	0.14%	0.01%
	TNDM	F	0.03%	0.18%	0.03%
	TPH	D	0.02%	0.33%	0.02%
	TRIP	D	0.01%	0.15%	0.01%
	TRUP	B	0.01%	0.14%	0.01%
	TTMI	A	0.01%	0.19%	0.01%
	TWI	D	0.02%	0.03%	0.02%
	UCB	B	0.0%	0.0%	0.0%
	UCTT	F	0.01%	0.14%	0.01%
	UFCS	A	0.0%	0.04%	0.0%
	UFPT	B	0.01%	0.2%	0.01%
	UNF	B	0.01%	0.23%	0.01%
	UNFI	B	0.05%	0.1%	0.05%
	UPBD	B	0.01%	0.13%	0.01%
	URBN	C	0.01%	0.17%	0.01%
	USPH	C	0.01%	0.1%	0.01%
	VCEL	B	0.01%	0.18%	0.01%
	VIR	C	0.02%	0.07%	0.02%
	VIRT	B	0.0%	0.22%	0.0%
	VSAT	F	0.01%	0.07%	0.01%
	VYX	B	0.03%	0.16%	0.03%
	WAFD	B	0.0%	0.23%	0.0%
	WD	C	0.01%	0.3%	0.01%
	WGO	B	0.01%	0.14%	0.01%
	WSFS	A	0.0%	0.0%	0.0%
	XNCR	B	0.01%	0.11%	0.01%
	XRX	F	0.02%	0.08%	0.02%

HKND Overweight 776 Positions Relative to XJR

	Symbol	Grade	Weight
	GOOGL	B	4.05%
	PG	D	3.85%
	MSFT	C	2.29%
	AAPL	D	2.14%
	JNJ	F	2.05%
	ABBV	D	1.98%
	DE	D	1.98%
	LLY	D	1.78%
	MOS	D	1.74%
	INTC	C	1.67%
	MRK	F	1.57%
	CTVA	C	1.54%
	PFE	F	1.53%
	ADM	F	1.36%
	CL	F	1.22%
	SYK	A	1.16%
	WMT	A	1.14%
	BDX	D	1.13%
	ABT	B	1.12%
	DELL	C	1.1%
	AMGN	F	1.04%
	BMY	B	1.0%
	CF	B	0.99%
	CI	D	0.98%
	GEHC	D	0.95%
	UNH	B	0.92%
	LH	B	0.9%
	HCA	D	0.9%
	ECL	D	0.89%
	T	C	0.89%
	VZ	D	0.87%
	GILD	B	0.83%
	BAX	F	0.8%
	TMO	F	0.79%
	HPQ	B	0.79%
	BG	D	0.79%
	BSX	A	0.75%
	FMC	F	0.75%
	JPM	B	0.71%
	CMCSA	B	0.7%
	AMZN	B	0.64%
	AGCO	F	0.64%
	VRTX	B	0.63%
	DGX	A	0.61%
	INGR	B	0.55%
	BAC	A	0.54%
	DHR	F	0.53%
	SJM	F	0.48%
	WFC	B	0.47%
	IQV	F	0.45%
	ZBH	C	0.45%
	MCK	B	0.45%
	CVS	F	0.44%
	REGN	F	0.43%
	TMUS	A	0.42%
	KVUE	A	0.42%
	C	B	0.41%
	MS	A	0.4%
	HD	B	0.39%
	PEP	F	0.38%
	GS	B	0.35%
	AWK	D	0.35%
	CHD	B	0.35%
	ISRG	A	0.34%
	ELV	F	0.33%
	CAG	F	0.33%
	COR	A	0.33%
	DD	D	0.32%
	VLTO	D	0.32%
	THC	B	0.32%
	CAH	B	0.31%
	MDLZ	F	0.3%
	CNC	F	0.29%
	J	B	0.28%
	EW	F	0.28%
	SPB	A	0.28%
	GIS	F	0.27%
	BBY	D	0.26%
	HOLX	D	0.26%
	K	A	0.26%
	BIIB	F	0.26%
	LOW	B	0.25%
	IBM	D	0.25%
	CLX	B	0.24%
	KR	A	0.23%
	WBA	D	0.23%
	AIG	C	0.23%
	VTRS	B	0.23%
	AXP	B	0.22%
	HUM	F	0.21%
	DIS	C	0.21%
	HPE	B	0.21%
	ALL	A	0.21%
	PGR	B	0.21%
	CHTR	B	0.2%
	MET	C	0.2%
	MRNA	F	0.2%
	ORCL	A	0.2%
	RMD	B	0.2%
	COF	B	0.19%
	UHS	D	0.19%
	SOLV	C	0.18%
	CSCO	A	0.18%
	DOW	F	0.18%
	ZWS	B	0.18%
	V	A	0.17%
	PRU	B	0.17%
	TRV	B	0.17%
	TSLA	B	0.17%
	TFX	F	0.15%
	QCOM	F	0.15%
	ENOV	C	0.15%
	A	F	0.15%
	DHI	D	0.15%
	FSLR	F	0.15%
	CTLT	C	0.14%
	LEN	D	0.14%
	AMAT	F	0.14%
	JBL	B	0.14%
	MU	C	0.13%
	DXCM	C	0.13%
	TGT	C	0.13%
	HSIC	F	0.13%
	USB	B	0.13%
	AVTR	F	0.13%
	RVTY	C	0.12%
	BK	B	0.12%
	MA	A	0.12%
	AVGO	B	0.12%
	DVA	C	0.12%
	MMC	C	0.12%
	CBRE	B	0.12%
	GLW	B	0.11%
	INCY	B	0.11%
	ILMN	C	0.11%
	AIZ	A	0.11%
	TFC	A	0.1%
	TXN	B	0.1%
	BIO	C	0.1%
	MASI	B	0.1%
	HIG	C	0.1%
	NVDA	A	0.1%
	WDC	D	0.1%
	ENPH	F	0.1%
	RPRX	F	0.1%
	TITN	D	0.1%
	COST	B	0.1%
	PNC	A	0.1%
	WTRG	B	0.09%
	LXU	B	0.09%
	ACM	B	0.09%
	FTRE	D	0.09%
	CRM	B	0.09%
	MAN	F	0.09%
	UTHR	B	0.09%
	NFLX	A	0.09%
	CRL	C	0.09%
	FLO	F	0.09%
	LRCX	F	0.09%
	PYPL	B	0.09%
	KMB	F	0.09%
	ALNY	D	0.09%
	STT	B	0.09%
	EMBC	B	0.08%
	POST	D	0.08%
	BKNG	A	0.08%
	SCHW	A	0.08%
	EHC	B	0.08%
	CTSH	A	0.08%
	PODD	B	0.08%
	SYF	B	0.08%
	AFL	C	0.08%
	MTD	F	0.08%
	AMP	A	0.08%
	KD	B	0.07%
	WST	C	0.07%
	CDW	F	0.07%
	EQR	D	0.07%
	SYY	B	0.07%
	TECH	C	0.07%
	BMRN	F	0.07%
	WBD	C	0.07%
	UAN	C	0.07%
	PHM	D	0.07%
	ADP	A	0.07%
	MOH	F	0.07%
	FNF	C	0.07%
	CPB	F	0.07%
	WAT	B	0.07%
	DFS	B	0.07%
	GWW	B	0.06%
	CMI	B	0.06%
	WM	A	0.06%
	MMM	D	0.06%
	HSY	D	0.06%
	PFG	C	0.06%
	VTR	C	0.06%
	EXEL	B	0.06%
	SRPT	F	0.06%
	SQ	A	0.06%
	AYI	A	0.06%
	MAR	A	0.06%
	SNX	C	0.06%
	IFF	F	0.06%
	RGA	A	0.06%
	GMED	B	0.06%
	FOX	A	0.06%
	HAE	B	0.06%
	CRBG	C	0.06%
	RJF	A	0.06%
	TJX	B	0.06%
	AMD	F	0.06%
	ACI	C	0.06%
	FI	A	0.06%
	AVB	B	0.06%
	NBIX	C	0.06%
	SMG	C	0.06%
	ROKU	C	0.05%
	OPK	C	0.05%
	MKC	D	0.05%
	SHW	B	0.05%
	MAA	C	0.05%
	LBRDA	B	0.05%
	JLL	C	0.05%
	APH	B	0.05%
	SUI	F	0.05%
	TOL	B	0.05%
	NVR	D	0.05%
	OMC	B	0.05%
	MKL	A	0.05%
	WLK	F	0.05%
	PEN	B	0.05%
	EQH	B	0.05%
	BRKR	F	0.05%
	L	B	0.05%
	EBAY	D	0.05%
	GXO	B	0.05%
	BERY	C	0.05%
	BEN	C	0.04%
	RSG	A	0.04%
	AZO	C	0.04%
	LNTH	F	0.04%
	CFG	B	0.04%
	ORI	A	0.04%
	FIS	C	0.04%
	KEY	B	0.04%
	MEDP	D	0.04%
	EMR	A	0.04%
	ADI	D	0.04%
	MTB	B	0.04%
	HUN	F	0.04%
	AJG	B	0.04%
	RVMD	B	0.04%
	ORLY	A	0.04%
	NOVT	C	0.04%
	TMHC	C	0.04%
	PH	B	0.04%
	SWK	F	0.04%
	GPC	D	0.04%
	CTAS	A	0.04%
	ESS	C	0.04%
	UNM	A	0.04%
	CR	B	0.04%
	ITCI	B	0.04%
	TTC	D	0.04%
	WMG	B	0.04%
	TROW	B	0.04%
	CINF	A	0.04%
	WRB	B	0.04%
	JEF	B	0.04%
	VKTX	D	0.04%
	KLG	D	0.04%
	NTRS	A	0.04%
	FYBR	D	0.04%
	ALLY	C	0.04%
	FITB	A	0.04%
	EXAS	F	0.04%
	FAF	D	0.04%
	INVH	D	0.04%
	ADBE	C	0.04%
	KLAC	F	0.04%
	EXPE	B	0.04%
	LPLA	A	0.04%
	PCVX	D	0.04%
	WHR	B	0.04%
	THG	A	0.03%
	NSP	F	0.03%
	MSI	B	0.03%
	ARW	F	0.03%
	NUVL	D	0.03%
	WTS	B	0.03%
	CME	B	0.03%
	EL	F	0.03%
	WELL	B	0.03%
	MDGL	B	0.03%
	OPCH	F	0.03%
	CSL	C	0.03%
	CHWY	B	0.03%
	KBH	D	0.03%
	INTU	A	0.03%
	SF	A	0.03%
	ON	D	0.03%
	VOYA	A	0.03%
	RKT	D	0.03%
	MIDD	C	0.03%
	SMMT	D	0.03%
	FAST	B	0.03%
	HALO	B	0.03%
	ENSG	C	0.03%
	CPT	D	0.03%
	AMRX	B	0.03%
	AMH	D	0.03%
	CYTK	C	0.03%
	SPGI	D	0.03%
	ITW	B	0.03%
	RS	B	0.03%
	SPG	B	0.03%
	ELS	C	0.03%
	IONS	F	0.03%
	HBAN	A	0.03%
	NWS	B	0.03%
	OFIX	B	0.03%
	ICE	D	0.03%
	KDP	D	0.03%
	GME	C	0.03%
	UPS	D	0.03%
	DAR	B	0.03%
	IT	A	0.03%
	AFG	B	0.03%
	CG	B	0.03%
	IRDM	C	0.03%
	IPG	F	0.03%
	UDR	D	0.03%
	LKQ	D	0.03%
	NTAP	C	0.03%
	APO	B	0.03%
	SGRY	D	0.03%
	GPN	B	0.03%
	AMT	F	0.03%
	LYV	A	0.03%
	PPG	F	0.03%
	ZBRA	A	0.03%
	IVZ	C	0.03%
	RF	A	0.03%
	BPMC	B	0.03%
	ULTA	C	0.02%
	PANW	A	0.02%
	BBWI	C	0.02%
	SCI	B	0.02%
	VRT	B	0.02%
	XRAY	F	0.02%
	FHN	B	0.02%
	GH	B	0.02%
	NATL	C	0.02%
	ARES	B	0.02%
	EVR	B	0.02%
	GL	B	0.02%
	BXP	D	0.02%
	ZION	B	0.02%
	HST	C	0.02%
	UTZ	C	0.02%
	JANX	C	0.02%
	AVT	C	0.02%
	AXSM	B	0.02%
	IDXX	D	0.02%
	ATR	A	0.02%
	TTEK	C	0.02%
	WCC	B	0.02%
	R	B	0.02%
	SRRK	C	0.02%
	FOLD	D	0.02%
	ADTN	B	0.02%
	SNPS	B	0.02%
	ALIT	B	0.02%
	ACAD	C	0.02%
	INSM	D	0.02%
	EWTX	B	0.02%
	MRVL	B	0.02%
	BKD	F	0.02%
	ESAB	B	0.02%
	APLS	F	0.02%
	BHF	B	0.02%
	RARE	F	0.02%
	IOVA	D	0.02%
	SWKS	F	0.02%
	DKS	D	0.02%
	BR	A	0.02%
	TSCO	D	0.02%
	KRYS	B	0.02%
	ATEC	C	0.02%
	ADV	F	0.02%
	PFSI	D	0.02%
	ANET	C	0.02%
	DOX	A	0.02%
	OTIS	D	0.02%
	MAS	D	0.02%
	IBKR	A	0.02%
	TNET	D	0.02%
	ENTG	D	0.02%
	CRNX	B	0.02%
	CCI	F	0.02%
	GAP	C	0.02%
	PTCT	B	0.02%
	EA	A	0.02%
	NDAQ	B	0.02%
	AMKR	F	0.02%
	ROK	B	0.02%
	APD	B	0.02%
	BRO	A	0.02%
	LECO	B	0.02%
	OMF	B	0.02%
	TPG	B	0.02%
	LILAK	F	0.02%
	AZTA	D	0.02%
	BLDR	D	0.02%
	DLR	B	0.02%
	ZG	B	0.02%
	SSNC	C	0.02%
	EME	B	0.02%
	COMP	B	0.02%
	GFS	C	0.02%
	PAYX	B	0.02%
	PWR	B	0.02%
	NOW	A	0.02%
	SIRI	C	0.02%
	WU	F	0.02%
	WMS	F	0.02%
	CHE	D	0.02%
	KMPR	A	0.02%
	WSO	A	0.02%
	ROST	F	0.02%
	UNP	D	0.02%
	HLT	A	0.02%
	ATRC	B	0.02%
	MMS	C	0.02%
	PLD	F	0.02%
	BBIO	F	0.02%
	OPEN	F	0.02%
	EQIX	C	0.02%
	MCHP	F	0.02%
	AMED	F	0.02%
	USM	B	0.02%
	MCO	C	0.02%
	PCTY	A	0.01%
	YORW	F	0.01%
	POOL	D	0.01%
	VCTR	B	0.01%
	ACHC	F	0.01%
	UBSI	B	0.01%
	EOLS	F	0.01%
	ONB	A	0.01%
	NYT	C	0.01%
	SIBN	C	0.01%
	CGEM	F	0.01%
	MIRM	B	0.01%
	IEX	B	0.01%
	VZIO	C	0.01%
	OCUL	C	0.01%
	LFST	B	0.01%
	REG	B	0.01%
	DLB	C	0.01%
	BCRX	C	0.01%
	FIVE	F	0.01%
	MAT	C	0.01%
	KE	C	0.01%
	DYN	D	0.01%
	CMC	B	0.01%
	BRX	B	0.01%
	FOUR	B	0.01%
	CCRN	F	0.01%
	WTM	A	0.01%
	TYL	B	0.01%
	FRPT	B	0.01%
	WH	A	0.01%
	FLS	B	0.01%
	ELVN	C	0.01%
	KIDS	F	0.01%
	MTN	D	0.01%
	PII	F	0.01%
	IRTC	C	0.01%
	SSB	B	0.01%
	PB	A	0.01%
	ANSS	B	0.01%
	SYNA	D	0.01%
	SANA	F	0.01%
	KURA	D	0.01%
	HAS	D	0.01%
	ACT	D	0.01%
	DBX	B	0.01%
	LBPH	A	0.01%
	VRDN	C	0.01%
	WPC	F	0.01%
	KFRC	C	0.01%
	SFM	B	0.01%
	CADE	B	0.01%
	LFUS	D	0.01%
	TOST	A	0.01%
	APG	B	0.01%
	HWC	B	0.01%
	FICO	A	0.01%
	RLI	A	0.01%
	OZK	B	0.01%
	SSYS	C	0.01%
	HGV	B	0.01%
	FNA	C	0.01%
	VEEV	B	0.01%
	DAWN	B	0.01%
	QRVO	F	0.01%
	BXC	B	0.01%
	TCBI	A	0.01%
	AVO	B	0.01%
	FNB	A	0.01%
	VNT	B	0.01%
	FIX	B	0.01%
	UI	A	0.01%
	ASB	B	0.01%
	FG	B	0.01%
	HURN	B	0.01%
	XYL	D	0.01%
	SKY	C	0.01%
	NTLA	F	0.01%
	CBSH	A	0.01%
	UMBF	B	0.01%
	PSTG	D	0.01%
	KNF	C	0.01%
	CNM	D	0.01%
	SNA	A	0.01%
	MTG	D	0.01%
	TDC	D	0.01%
	FDS	A	0.01%
	IMVT	D	0.01%
	VRSN	C	0.01%
	IPGP	C	0.01%
	MDXG	B	0.01%
	CSX	B	0.01%
	CXT	D	0.01%
	BEAM	C	0.01%
	MTCH	F	0.01%
	IRT	B	0.01%
	PNFP	B	0.01%
	AKRO	C	0.01%
	MSM	B	0.01%
	SBAC	D	0.01%
	RYAN	B	0.01%
	ENS	D	0.01%
	AXNX	A	0.01%
	DAY	B	0.01%
	IR	A	0.01%
	WBS	B	0.01%
	RCM	B	0.01%
	CFR	B	0.01%
	ADMA	B	0.01%
	FND	F	0.01%
	GSAT	B	0.01%
	RCKT	F	0.01%
	JKHY	C	0.01%
	LANC	B	0.01%
	EXLS	A	0.01%
	MNKD	C	0.01%
	SNDX	D	0.01%
	UWMC	F	0.01%
	AGIO	B	0.01%
	VLY	B	0.01%
	CC	D	0.01%
	MORN	A	0.01%
	MSCI	B	0.01%
	COIN	B	0.01%
	SITE	C	0.01%
	LAMR	D	0.01%
	EVH	F	0.01%
	AOS	F	0.01%
	NVAX	F	0.01%
	TDOC	C	0.01%
	APP	A	0.01%
	AGL	F	0.01%
	AIV	D	0.01%
	BECN	B	0.01%
	RXRX	C	0.01%
	CE	F	0.01%
	FHI	A	0.01%
	TVTX	B	0.01%
	HLI	B	0.01%
	CLDX	F	0.01%
	DOC	C	0.01%
	ARDX	F	0.01%
	HRB	D	0.01%
	GERN	D	0.01%
	DFH	F	0.01%
	KEX	A	0.01%
	PAYC	B	0.01%
	ARE	F	0.01%
	IDT	B	0.01%
	UHAL	C	0.01%
	WTFC	A	0.01%
	AXTA	B	0.01%
	O	D	0.01%
	TGNA	B	0.01%
	TEX	C	0.01%
	NMRK	B	0.01%
	TTWO	A	0.01%
	FTV	D	0.01%
	ERIE	F	0.01%
	BURL	C	0.01%
	WAL	B	0.01%
	CDNS	B	0.01%
	BOKF	B	0.01%
	HUBB	B	0.01%
	RNA	B	0.01%
	CGON	C	0.01%
	ALB	C	0.01%
	KIM	B	0.01%
	STGW	B	0.01%
	ICFI	C	0.01%
	UFPI	B	0.01%
	KO	F	0.01%
	IDYA	D	0.01%
	IRM	C	0.01%
	KEYS	B	0.01%
	H	C	0.01%
	EMN	D	0.01%
	CSTL	C	0.01%
	FCNCA	B	0.01%
	CNXC	F	0.01%
	TRMB	B	0.01%
	TER	D	0.01%
	ARVN	D	0.01%
	TNL	A	0.01%
	TARS	B	0.01%
	BZH	D	0.01%
	ASH	F	0.01%
	LGF.A	C	0.01%
	VSH	F	0.01%
	RRX	C	0.01%
	HOV	D	0.01%
	TWST	C	0.01%
	SEIC	A	0.01%
	KYMR	B	0.01%
	CLH	B	0.01%
	VNO	C	0.01%
	CSGP	D	0.01%
	CNO	B	0.01%
	ESI	B	0.01%
	HHH	B	0.01%
	SMCI	F	0.01%
	AME	A	0.01%
	GNRC	B	0.01%
	BC	D	0.01%
	SNV	B	0.01%
	FFIV	B	0.01%
	ADSK	B	0.01%
	NTRA	B	0.01%
	RYTM	B	0.01%
	TRU	D	0.01%
	VAC	B	0.01%
	RGEN	D	0.01%
	ASGN	B	0.01%
	NVST	C	0.01%
	GEN	A	0.01%
	SWTX	D	0.01%
	EWBC	A	0.01%
	FDX	B	0.01%
	CNDT	B	0.01%
	AMG	C	0.01%
	CIEN	B	0.01%
	EEFT	C	0.01%
	GT	C	0.01%
	DOV	A	0.01%
	THO	B	0.01%
	KROS	B	0.01%
	INSP	D	0.01%
	EPAM	C	0.01%
	GDDY	A	0.01%
	COHR	B	0.01%
	VERA	B	0.01%
	NXST	C	0.01%
	MRVI	F	0.01%
	VRSK	A	0.01%
	AIT	A	0.01%
	JNPR	C	0.01%
	ROP	B	0.01%
	WDAY	B	0.01%
	TGTX	B	0.01%
	FTNT	A	0.01%
	URI	B	0.01%
	AKAM	F	0.01%
	ABNB	C	0.01%
	PSA	D	0.01%
	ARWR	C	0.01%
	TXG	F	0.01%
	ACLX	B	0.01%
	ALGN	D	0.01%
	EDR	C	0.01%
	BCO	F	0.01%
	AMRK	F	0.01%
	DNLI	B	0.01%
	SIGI	B	0.01%
	FCN	D	0.01%
	EFX	D	0.01%
	SCLX	F	0.0%
	OABI	C	0.0%
	ABUS	D	0.0%
	ANAB	F	0.0%
	CELC	D	0.0%
	PRME	C	0.0%
	STOK	C	0.0%
	QTRX	C	0.0%
	ABSI	D	0.0%
	ORIC	C	0.0%
	SVRA	D	0.0%
	ALT	C	0.0%
	NUVB	C	0.0%
	ALGM	F	0.0%
	OLMA	F	0.0%
	LYEL	F	0.0%
	SIGA	D	0.0%
	MNMD	C	0.0%
	ALEC	C	0.0%
	LQDA	C	0.0%
	OSCR	F	0.0%
	RLAY	F	0.0%
	GIC	D	0.0%
	NDSN	B	0.0%
	TW	B	0.0%
	TYRA	F	0.0%
	ARCT	F	0.0%
	PHAT	F	0.0%
	FDMT	F	0.0%
	ZEUS	C	0.0%
	COGT	D	0.0%
	BSY	D	0.0%
	COLB	B	0.0%
	REYN	D	0.0%
	YMAB	D	0.0%
	SAVA	D	0.0%
	PGNY	F	0.0%
	CRAI	B	0.0%
	GOLF	B	0.0%
	GGG	B	0.0%
	APLT	B	0.0%
	IMNM	F	0.0%
	CNA	D	0.0%
	ONTO	F	0.0%
	COTY	F	0.0%
	ARQT	C	0.0%
	CBT	B	0.0%
	TKR	F	0.0%
	HOMB	A	0.0%
	ETNB	D	0.0%
	ANF	D	0.0%
	SAGE	F	0.0%
	IRON	B	0.0%
	TTD	A	0.0%
	CBZ	B	0.0%
	EYPT	D	0.0%
	CHH	B	0.0%
	MLYS	C	0.0%
	MPWR	F	0.0%
	TKO	D	0.0%
	NRIX	B	0.0%
	SPRY	B	0.0%
	CRUS	F	0.0%
	PLRX	C	0.0%
	UVE	B	0.0%
	GBCI	B	0.0%
	TMCI	C	0.0%
	FRT	C	0.0%
	DCI	A	0.0%
	ITT	A	0.0%
	PNTG	D	0.0%
	CARR	D	0.0%
	BBSI	A	0.0%
	PTC	B	0.0%
	SLAB	F	0.0%
	NSC	B	0.0%
	VCYT	B	0.0%
	EXR	D	0.0%

HKND Underweight 358 Positions Relative to XJR

	Symbol	Grade	Weight
	CRS	B	-0.67%
	SPXC	B	-0.6%
	VFC	C	-0.59%
	ATI	D	-0.56%
	AWI	A	-0.54%
	SPSC	D	-0.53%
	BMI	B	-0.51%
	ALK	A	-0.51%
	AVAV	C	-0.51%
	BCPC	B	-0.47%
	EPRT	C	-0.46%
	MATX	B	-0.45%
	DY	C	-0.45%
	FSS	C	-0.43%
	CTRE	C	-0.43%
	SLG	C	-0.42%
	SHAK	B	-0.42%
	EAT	A	-0.41%
	GPI	B	-0.41%
	PECO	B	-0.4%
	BOX	B	-0.4%
	MARA	C	-0.4%
	ACA	B	-0.4%
	ABG	B	-0.4%
	AL	B	-0.39%
	ALKS	B	-0.39%
	IDCC	A	-0.36%
	SFBS	B	-0.36%
	SKYW	B	-0.35%
	FTDR	B	-0.35%
	KTB	B	-0.35%
	LRN	B	-0.34%
	FUL	F	-0.34%
	AGO	B	-0.34%
	SIG	B	-0.34%
	MAC	B	-0.34%
	HASI	F	-0.34%
	WHD	B	-0.34%
	FUN	C	-0.33%
	BOOT	D	-0.33%
	GVA	B	-0.33%
	VRRM	F	-0.32%
	SKT	A	-0.31%
	JBT	C	-0.31%
	RUSHA	B	-0.31%
	WDFC	A	-0.31%
	IIPR	F	-0.31%
	CALM	A	-0.3%
	OTTR	C	-0.29%
	AROC	B	-0.29%
	CCOI	C	-0.29%
	HIW	D	-0.29%
	SMTC	B	-0.29%
	APLE	B	-0.28%
	SITM	B	-0.28%
	ESE	B	-0.28%
	CNK	A	-0.27%
	BXMT	C	-0.27%
	SHOO	D	-0.27%
	ATGE	B	-0.26%
	NPO	B	-0.26%
	NMIH	D	-0.25%
	SLVM	C	-0.25%
	BL	B	-0.24%
	TDW	F	-0.24%
	CPK	B	-0.23%
	MPW	F	-0.23%
	LXP	D	-0.23%
	PENN	B	-0.23%
	POWL	B	-0.23%
	ALRM	C	-0.23%
	UE	B	-0.23%
	PRGS	A	-0.23%
	CARG	A	-0.23%
	TRN	A	-0.23%
	ACLS	F	-0.23%
	HUBG	B	-0.23%
	FCPT	D	-0.22%
	DV	C	-0.22%
	GSHD	B	-0.22%
	AKR	C	-0.22%
	GFF	C	-0.22%
	PATK	D	-0.22%
	ARCB	C	-0.21%
	MTX	B	-0.21%
	OUT	C	-0.21%
	CVBF	B	-0.21%
	VSCO	B	-0.21%
	EPAC	B	-0.21%
	HBI	B	-0.21%
	PRK	B	-0.21%
	KLIC	B	-0.21%
	WERN	B	-0.2%
	PLMR	C	-0.2%
	CWEN	D	-0.2%
	ENVA	A	-0.2%
	HNI	B	-0.2%
	CURB	C	-0.19%
	MTRN	B	-0.19%
	IPAR	C	-0.19%
	DOCN	D	-0.19%
	MYRG	B	-0.19%
	QDEL	F	-0.19%
	OMCL	C	-0.19%
	HAYW	C	-0.19%
	AGYS	B	-0.19%
	YELP	C	-0.19%
	BANC	B	-0.18%
	CALX	F	-0.18%
	AIR	C	-0.18%
	ROCK	B	-0.18%
	SHO	B	-0.18%
	ROIC	A	-0.18%
	B	B	-0.18%
	STRA	C	-0.18%
	CWK	B	-0.18%
	OSIS	C	-0.18%
	VIAV	B	-0.18%
	BANF	B	-0.18%
	CAKE	B	-0.18%
	PSMT	D	-0.18%
	SXI	B	-0.18%
	EXTR	B	-0.17%
	JOE	F	-0.17%
	HI	C	-0.17%
	WLY	A	-0.17%
	GEO	B	-0.17%
	KSS	F	-0.17%
	KMT	B	-0.17%
	EVTC	B	-0.17%
	IBTX	B	-0.17%
	OI	D	-0.16%
	PZZA	D	-0.16%
	GBX	A	-0.16%
	TFIN	A	-0.16%
	APOG	B	-0.15%
	JBLU	D	-0.15%
	EPC	F	-0.15%
	KAR	A	-0.15%
	DRH	B	-0.15%
	MLKN	D	-0.14%
	LTC	A	-0.14%
	VECO	F	-0.14%
	LZB	C	-0.14%
	LEG	F	-0.14%
	RAMP	C	-0.14%
	FCF	B	-0.14%
	LKFN	B	-0.14%
	FBK	B	-0.14%
	MRCY	B	-0.14%
	FBNC	B	-0.14%
	NTCT	B	-0.13%
	HOPE	B	-0.13%
	NWN	B	-0.13%
	GNL	D	-0.13%
	WKC	D	-0.13%
	SCL	C	-0.13%
	GTY	B	-0.13%
	KN	B	-0.13%
	CSGS	B	-0.12%
	ANDE	D	-0.12%
	THRM	D	-0.12%
	ADEA	C	-0.12%
	ALEX	B	-0.12%
	TILE	B	-0.12%
	CHEF	B	-0.12%
	GO	D	-0.12%
	FOXF	F	-0.12%
	PEB	D	-0.12%
	VRTS	B	-0.12%
	AMWD	B	-0.12%
	STAA	F	-0.12%
	ELME	D	-0.12%
	XHR	B	-0.12%
	JBGS	F	-0.12%
	SABR	C	-0.11%
	DNOW	B	-0.11%
	COHU	C	-0.11%
	DEA	D	-0.11%
	AAT	C	-0.11%
	STEL	B	-0.11%
	BKE	A	-0.11%
	KW	C	-0.11%
	HLX	D	-0.11%
	HLIT	D	-0.11%
	UNIT	B	-0.11%
	VRE	C	-0.11%
	CUBI	B	-0.11%
	SNDR	A	-0.11%
	WABC	B	-0.11%
	PMT	F	-0.1%
	QNST	B	-0.1%
	BLMN	F	-0.1%
	TWO	F	-0.1%
	VICR	B	-0.1%
	WT	B	-0.1%
	GIII	C	-0.1%
	WOR	D	-0.1%
	KALU	B	-0.1%
	WWW	B	-0.1%
	SPNT	C	-0.1%
	BFH	B	-0.1%
	CAL	D	-0.09%
	MCRI	A	-0.09%
	DAN	F	-0.09%
	EFC	D	-0.09%
	ODP	F	-0.09%
	AMSF	A	-0.09%
	DCOM	B	-0.09%
	CBRL	D	-0.09%
	ICHR	C	-0.09%
	CSR	C	-0.09%
	FBRT	C	-0.09%
	DGII	B	-0.09%
	ATEN	A	-0.09%
	SEDG	F	-0.09%
	CENX	B	-0.09%
	TGI	B	-0.09%
	OXM	D	-0.09%
	ARLO	D	-0.09%
	NAVI	C	-0.09%
	CERT	F	-0.09%
	FIZZ	B	-0.09%
	ECPG	B	-0.09%
	RC	D	-0.09%
	ARI	D	-0.09%
	BDN	D	-0.08%
	PDFS	B	-0.08%
	UTL	C	-0.08%
	CLB	B	-0.08%
	ARR	D	-0.08%
	SBSI	B	-0.08%
	SXC	B	-0.08%
	CWEN	D	-0.08%
	PRAA	C	-0.08%
	NXRT	C	-0.08%
	SAFE	F	-0.08%
	RWT	D	-0.08%
	MRTN	B	-0.08%
	EYE	D	-0.08%
	ALGT	B	-0.08%
	HCI	B	-0.08%
	JACK	D	-0.08%
	CARS	B	-0.08%
	LPG	F	-0.08%
	BRKL	A	-0.08%
	SDGR	C	-0.08%
	MXL	C	-0.08%
	CFFN	B	-0.07%
	BSIG	A	-0.07%
	WNC	C	-0.07%
	BJRI	B	-0.07%
	DXPE	B	-0.07%
	EGBN	B	-0.07%
	SSTK	D	-0.07%
	MNRO	B	-0.07%
	HCSG	B	-0.07%
	TMP	B	-0.07%
	VVI	B	-0.07%
	SAH	B	-0.07%
	PARR	F	-0.07%
	DLX	B	-0.07%
	VTOL	B	-0.07%
	CXM	C	-0.07%
	MATV	F	-0.07%
	NABL	F	-0.07%
	XPEL	C	-0.07%
	MGPI	F	-0.06%
	SMP	B	-0.06%
	FWRD	D	-0.06%
	AXL	C	-0.06%
	KREF	D	-0.06%
	MATW	C	-0.06%
	NBR	C	-0.06%
	KOP	D	-0.06%
	HSTM	A	-0.06%
	REX	C	-0.06%
	SWI	B	-0.06%
	TTGT	C	-0.06%
	MCW	B	-0.06%
	SITC	D	-0.06%
	AHH	D	-0.06%
	ASTE	B	-0.06%
	HAYN	A	-0.06%
	IIIN	D	-0.05%
	NVRI	F	-0.05%
	CVI	F	-0.05%
	MTUS	C	-0.05%
	SNCY	B	-0.05%
	CEVA	B	-0.05%
	LESL	D	-0.05%
	GDEN	C	-0.05%
	WSR	A	-0.05%
	HPP	F	-0.05%
	SCVL	D	-0.05%
	ETD	D	-0.05%
	AOSL	F	-0.05%
	INN	D	-0.05%
	MLAB	D	-0.05%
	SHEN	F	-0.05%
	USNA	C	-0.04%
	MYE	F	-0.04%
	HTLD	C	-0.04%
	SLP	D	-0.04%
	PAHC	B	-0.04%
	BFS	B	-0.04%
	GES	F	-0.04%
	SVC	F	-0.04%
	TR	C	-0.04%
	LQDT	A	-0.04%
	GOGO	C	-0.04%
	INVX	D	-0.04%
	THRY	F	-0.04%
	NYMT	F	-0.04%
	UHT	D	-0.04%
	AMBC	C	-0.04%
	CENT	C	-0.03%
	CNSL	B	-0.03%
	HTZ	D	-0.03%
	WRLD	C	-0.03%
	GDOT	C	-0.01%
	HAFC	B	-0.0%
	TRST	B	-0.0%
	CPF	B	-0.0%
	PFBC	B	-0.0%
	PRA	B	-0.0%
	GPRE	F	-0.0%
	HFWA	B	-0.0%
	PBI	B	-0.0%
	BHLB	B	-0.0%
	EIG	B	-0.0%
	PRDO	B	-0.0%
	VBTX	B	-0.0%
	STBA	C	-0.0%
	NBHC	B	-0.0%
	NWBI	B	-0.0%
	CHCO	B	-0.0%
	CASH	A	-0.0%
	OFG	C	-0.0%
	ENV	B	-0.0%
	NBTB	B	-0.0%
	PFS	B	-0.0%
	TRMK	B	-0.0%
	RNST	B	-0.0%
	BANR	B	-0.0%
	ABR	B	-0.0%
	SBCF	B	-0.0%
	PPBI	B	-0.0%
	TBBK	B	-0.0%
	FFBC	B	-0.0%
	PAYO	B	-0.0%
	DEI	C	-0.0%
	INDB	B	-0.0%
	BOH	B	-0.0%
	FBP	B	-0.0%
	CBU	B	-0.0%
	AUB	B	-0.0%
	AX	B	-0.0%

HKND: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Diversified Industrials Software - Application Diagnostics & Research Business Services Medical Devices Asset Management Semiconductors Capital Markets Medical Instruments & Supplies Packaged Foods Insurance - Property & Casualty Residential Construction Specialty Chemicals Specialty Retail Medical Care Drug Manufacturers - Specialty & Generic Telecom Services REIT - Residential

Keywords: S&P 500 Medicine Nasdaq 100 Biopharmaceutical Biotechnology Bank Insurance Banking Computing Cancer Electronics Telecommunications Life Sciences Semiconductor Chemical Aerospace Pharmaceutical Clinical Medicine Disease Mining

XJR: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Diversified Industrials REIT - Retail Specialty Chemicals Asset Management Packaged Foods Software - Application Insurance - Property & Casualty Restaurants Software - Infrastructure Communication Equipment Medical Devices REIT - Hotel & Motel REIT - Office Semiconductor Equipment & Materials Telecom Services Auto Parts Building Materials

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Medicine Computing Real Estate Loans Chemical Mortgage Loan Aerospace Clothing Insurance Commercial Bank Semiconductor Commercial Banking Transport Investment Management Retail Store Fashion Mining