KOKU vs. INRO ETF Comparison

Comparison of Xtrackers MSCI Kokusai Equity ETF (KOKU) to BlackRock U.S. Industry Rotation ETF (INRO)

KOKU

Xtrackers MSCI Kokusai Equity ETF

KOKU Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Kokusai Index. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of issuers from developed markets (excluding Japan). The index is designed to track the performance of equity markets in developed markets (excluding Japan). It is non-diversified.

Grade (RS Rating)

Last Trade

$101.87

Average Daily Volume

377

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

INRO

BlackRock U.S. Industry Rotation ETF

INRO Description

INRO is targeted US equity exposure, actively managed by shifting the selection and weighting of the portfolio towards industries among the broad domestic market. Portfolio allocation is based on five potential sources of return: information regarding the current economic cycle, valuation, quality metrics, analyst expectation data and recent individual industry trends. The strategy aims to capture the potential alpha from the dispersion between industry allocations and the broad market. During temporary defensive periods, the fund may depart from this principal investment strategy to invest 100% of the portfolio in liquid, short-term securities. The fund may engage in active and frequent trading. Derivatives may also be used to seek returns or hedge exposure. Up to one-third of the value of the funds assets may be lending.

Grade (RS Rating)

Last Trade

$28.10

Average Daily Volume

3,697

Number of Holdings ^*

423

* may have additional holdings in another (foreign) market

Performance

Period	KOKU	INRO
30 Days	0.08%	1.92%
60 Days	2.48%	5.31%
90 Days	3.26%	6.32%
12 Months	25.38%

426 Overlapping Holdings

Symbol	Grade	Weight in KOKU	Weight in INRO	Overlap
A	F	0.06%	0.05%	0.05%
AAPL	C	4.81%	5.57%	4.81%
ABBV	F	0.13%	0.4%	0.13%
ABBV	F	0.45%	0.4%	0.4%
ACGL	D	0.05%	0.06%	0.05%
ACI	C	0.01%	0.01%	0.01%
ACM	B	0.03%	0.11%	0.03%
ACN	C	0.33%	0.07%	0.07%
ADBE	D	0.33%	0.32%	0.32%
ADI	D	0.16%	0.23%	0.16%
ADP	B	0.19%	0.29%	0.19%
ADSK	B	0.1%	0.1%	0.1%
AEP	C	0.07%	0.31%	0.07%
AES	F	0.01%	0.03%	0.01%
AFG	A	0.01%	0.02%	0.01%
AFL	C	0.09%	0.09%	0.09%
AIG	C	0.07%	0.08%	0.07%
AIZ	A	0.02%	0.02%	0.02%
AJG	B	0.09%	0.09%	0.09%
ALL	A	0.08%	0.08%	0.08%
ALLE	D	0.02%	0.09%	0.02%
ALLY	C	0.02%	0.02%	0.02%
ALNY	D	0.05%	0.05%	0.05%
AMAT	F	0.23%	0.32%	0.23%
AMCR	D	0.02%	0.07%	0.02%
AMD	F	0.35%	0.49%	0.35%
AME	A	0.06%	0.14%	0.06%
AMGN	D	0.26%	0.22%	0.22%
AMP	A	0.09%	0.17%	0.09%
AMT	D	0.13%	0.11%	0.11%
AMZN	B	2.85%	1.46%	1.46%
ANSS	B	0.05%	0.05%	0.05%
AON	B	0.11%	0.11%	0.11%
AOS	F	0.01%	0.06%	0.01%
APA	F	0.01%	0.01%	0.01%
APD	A	0.1%	0.01%	0.01%
APH	B	0.13%	0.19%	0.13%
APO	A	0.1%	0.01%	0.01%
APP	A	0.09%	0.08%	0.08%
ARE	F	0.02%	0.04%	0.02%
ARES	A	0.05%	0.11%	0.05%
ATO	A	0.03%	0.05%	0.03%
AVB	B	0.05%	0.01%	0.01%
AVGO	C	1.16%	1.64%	1.16%
AVTR	F	0.02%	0.02%	0.02%
AVY	D	0.02%	0.07%	0.02%
AXON	A	0.06%	0.02%	0.02%
AXP	B	0.25%	1.14%	0.25%
AZO	C	0.08%	0.15%	0.08%
BA	D	0.16%	0.04%	0.04%
BAC	A	0.48%	0.79%	0.48%
BAH	D	0.03%	0.06%	0.03%
BALL	D	0.03%	0.08%	0.03%
BBWI	C	0.01%	0.02%	0.01%
BBY	D	0.03%	0.05%	0.03%
BEN	C	0.01%	0.03%	0.01%
BIIB	F	0.04%	0.03%	0.03%
BIO	C	0.01%	0.01%	0.01%
BK	B	0.09%	0.11%	0.09%
BKR	B	0.07%	0.07%	0.07%
BLDR	D	0.03%	0.15%	0.03%
BMRN	F	0.02%	0.02%	0.02%
BMY	A	0.18%	0.12%	0.12%
BR	B	0.04%	0.07%	0.04%
BRK.A	B	0.91%	0.06%	0.06%
BRO	B	0.04%	0.04%	0.04%
BSY	D	0.01%	0.02%	0.01%
BURL	A	0.02%	0.05%	0.02%
BX	A	0.19%	0.42%	0.19%
BXP	D	0.02%	1.38%	0.02%
C	B	0.2%	0.34%	0.2%
CARR	D	0.09%	0.42%	0.09%
CAT	C	0.29%	0.36%	0.29%
CB	C	0.16%	0.16%	0.16%
CBOE	C	0.03%	0.04%	0.03%
CBRE	B	0.06%	0.88%	0.06%
CCI	C	0.07%	0.05%	0.05%
CCK	D	0.02%	0.05%	0.02%
CDNS	B	0.12%	0.12%	0.12%
CDW	F	0.04%	0.06%	0.04%
CEG	C	0.11%	0.45%	0.11%
CFG	B	0.03%	0.05%	0.03%
CG	B	0.01%	0.04%	0.01%
CHRD	F	0.01%	0.01%	0.01%
CINF	A	0.03%	0.04%	0.03%
CME	A	0.12%	0.26%	0.12%
CMI	A	0.07%	0.09%	0.07%
CNH	C	0.01%	0.02%	0.01%
COF	B	0.11%	0.49%	0.11%
COIN	A	0.09%	0.2%	0.09%
COP	B	0.19%	0.23%	0.19%
COST	A	0.61%	0.46%	0.46%
CPRT	B	0.07%	0.21%	0.07%
CPT	C	0.02%	0.0%	0.0%
CRL	D	0.02%	0.02%	0.02%
CRM	B	0.48%	0.47%	0.47%
CRWD	B	0.11%	0.11%	0.11%
CSGP	F	0.04%	0.65%	0.04%
CSL	C	0.03%	0.15%	0.03%
CSX	C	0.1%	0.26%	0.1%
CTAS	B	0.12%	0.34%	0.12%
CTLT	D	0.01%	0.01%	0.01%
CTRA	B	0.03%	0.03%	0.03%
CTSH	C	0.06%	0.02%	0.02%
CVX	A	0.4%	0.48%	0.4%
DAL	A	0.01%	0.03%	0.01%
DAY	B	0.02%	0.03%	0.02%
DDOG	A	0.05%	0.05%	0.05%
DE	C	0.16%	0.2%	0.16%
DELL	B	0.06%	0.07%	0.06%
DFS	B	0.07%	0.31%	0.07%
DG	F	0.03%	0.01%	0.01%
DHI	D	0.07%	0.33%	0.07%
DHR	D	0.25%	0.2%	0.2%
DINO	D	0.01%	0.01%	0.01%
DKS	D	0.02%	0.03%	0.02%
DLR	A	0.08%	0.07%	0.07%
DLTR	F	0.02%	0.01%	0.01%
DOC	D	0.02%	0.03%	0.02%
DOCU	B	0.02%	0.02%	0.02%
DOV	B	0.04%	0.06%	0.04%
DT	C	0.02%	0.03%	0.02%
DUK	C	0.13%	0.53%	0.13%
DVN	F	0.04%	0.04%	0.04%
EBAY	D	0.05%	0.02%	0.02%
EFX	F	0.05%	0.08%	0.05%
EG	D	0.02%	0.03%	0.02%
EIX	C	0.05%	0.2%	0.05%
EME	A	0.03%	0.19%	0.03%
EMR	A	0.11%	0.24%	0.11%
ENPH	F	0.01%	0.02%	0.01%
ENTG	F	0.02%	0.03%	0.02%
EOG	A	0.11%	0.14%	0.11%
EPAM	C	0.02%	0.01%	0.01%
EQIX	A	0.12%	0.1%	0.1%
EQR	C	0.04%	0.01%	0.01%
EQT	A	0.04%	0.04%	0.04%
ERIE	F	0.02%	0.02%	0.02%
ES	C	0.04%	0.13%	0.04%
ESS	A	0.03%	0.01%	0.01%
ETN	B	0.21%	0.48%	0.21%
ETR	A	0.05%	0.2%	0.05%
EVRG	A	0.02%	0.1%	0.02%
EXAS	D	0.01%	0.01%	0.01%
EXC	C	0.06%	0.24%	0.06%
EXPD	D	0.02%	0.0%	0.0%
EXR	C	0.05%	0.04%	0.04%
F	C	0.06%	0.06%	0.06%
FANG	D	0.05%	0.06%	0.05%
FAST	B	0.07%	0.41%	0.07%
FBIN	F	0.02%	0.07%	0.02%
FCNCA	A	0.03%	0.05%	0.03%
FCX	F	0.1%	0.11%	0.1%
FDS	B	0.03%	0.07%	0.03%
FDX	B	0.1%	0.02%	0.02%
FE	C	0.04%	0.15%	0.04%
FI	A	0.19%	0.01%	0.01%
FICO	B	0.09%	0.08%	0.08%
FIS	C	0.07%	0.01%	0.01%
FITB	B	0.05%	0.08%	0.05%
FNF	A	0.02%	0.0%	0.0%
FSLR	F	0.03%	0.04%	0.03%
FTNT	B	0.09%	0.09%	0.09%
FTV	D	0.04%	0.05%	0.04%
GD	D	0.1%	0.03%	0.03%
GDDY	A	0.04%	0.01%	0.01%
GE	D	0.29%	0.08%	0.08%
GEN	B	0.02%	0.03%	0.02%
GEV	A	0.14%	0.31%	0.14%
GGG	B	0.02%	0.03%	0.02%
GILD	C	0.18%	0.16%	0.16%
GLPI	C	0.02%	0.02%	0.02%
GLW	B	0.06%	0.09%	0.06%
GM	B	0.1%	0.09%	0.09%
GOOG	B	1.36%	2.71%	1.36%
GOOGL	B	1.56%	3.12%	1.56%
GRMN	B	0.05%	0.22%	0.05%
GS	B	0.29%	0.62%	0.29%
GWW	B	0.08%	0.46%	0.08%
HAL	C	0.04%	0.04%	0.04%
HBAN	B	0.04%	0.07%	0.04%
HD	A	0.6%	1.16%	0.6%
HEI	A	0.02%	0.0%	0.0%
HEI	A	0.02%	0.01%	0.01%
HEI	A	0.02%	0.0%	0.0%
HEI	A	0.02%	0.01%	0.01%
HES	B	0.06%	0.07%	0.06%
HIG	B	0.06%	0.05%	0.05%
HII	F	0.01%	0.0%	0.0%
HON	B	0.22%	1.56%	0.22%
HOOD	A	0.02%	0.05%	0.02%
HPE	B	0.04%	0.05%	0.04%
HPQ	B	0.05%	0.06%	0.05%
HUBB	B	0.03%	0.08%	0.03%
HUBS	B	0.05%	0.05%	0.05%
HWM	A	0.07%	0.02%	0.02%
IBM	C	0.29%	0.06%	0.06%
ICE	C	0.13%	0.29%	0.13%
IEX	B	0.03%	0.03%	0.03%
ILMN	C	0.04%	0.03%	0.03%
INCY	C	0.02%	0.02%	0.02%
INTC	C	0.16%	0.22%	0.16%
INTU	B	0.29%	0.28%	0.28%
INVH	D	0.03%	0.01%	0.01%
IOT	A	0.01%	0.02%	0.01%
IP	A	0.03%	0.09%	0.03%
IQV	F	0.06%	0.05%	0.05%
IR	B	0.06%	0.08%	0.06%
IRM	C	0.05%	0.04%	0.04%
IT	C	0.07%	0.02%	0.02%
ITW	B	0.12%	0.15%	0.12%
J	D	0.03%	0.04%	0.03%
JBHT	C	0.02%	0.06%	0.02%
JBL	C	0.03%	0.03%	0.03%
JCI	B	0.09%	0.4%	0.09%
JNJ	D	0.55%	0.36%	0.36%
JPM	A	1.01%	1.68%	1.01%
KEY	B	0.03%	0.05%	0.03%
KEYS	C	0.04%	0.06%	0.04%
KKR	A	0.15%	0.31%	0.15%
KLAC	F	0.14%	0.18%	0.14%
KMI	A	0.08%	0.1%	0.08%
KMX	C	0.02%	0.04%	0.02%
KNX	B	0.01%	0.04%	0.01%
KR	B	0.06%	0.05%	0.05%
L	A	0.02%	0.03%	0.02%
LDOS	C	0.04%	0.06%	0.04%
LEN	D	0.06%	0.28%	0.06%
LHX	B	0.07%	0.02%	0.02%
LII	A	0.03%	0.14%	0.03%
LIN	D	0.33%	0.02%	0.02%
LLY	F	0.99%	0.64%	0.64%
LMT	D	0.18%	0.05%	0.05%
LNG	A	0.08%	0.09%	0.08%
LNT	A	0.02%	0.1%	0.02%
LOW	C	0.23%	0.45%	0.23%
LPLA	A	0.04%	0.07%	0.04%
LRCX	F	0.15%	0.21%	0.15%
LUV	B	0.01%	0.01%	0.01%
MA	B	0.65%	0.04%	0.04%
MAA	A	0.03%	0.01%	0.01%
MANH	D	0.03%	0.03%	0.03%
MAS	D	0.03%	0.12%	0.03%
MCHP	F	0.06%	0.08%	0.06%
MCO	D	0.12%	0.26%	0.12%
MDB	C	0.03%	0.01%	0.01%
MELI	D	0.13%	0.07%	0.07%
MET	A	0.07%	0.08%	0.07%
META	C	1.88%	3.77%	1.88%
MKL	A	0.03%	0.04%	0.03%
MKTX	D	0.01%	0.03%	0.01%
MLM	B	0.06%	0.59%	0.06%
MMC	D	0.16%	0.16%	0.16%
MMM	D	0.11%	0.78%	0.11%
MO	A	0.14%	0.39%	0.14%
MPC	D	0.08%	0.1%	0.08%
MPWR	F	0.05%	0.06%	0.05%
MRK	F	0.38%	0.24%	0.24%
MRNA	F	0.02%	0.02%	0.02%
MRO	A	0.03%	0.03%	0.03%
MRVL	B	0.11%	0.17%	0.11%
MS	A	0.25%	0.52%	0.25%
MSCI	B	0.07%	0.15%	0.07%
MSFT	D	4.34%	4.18%	4.18%
MSTR	A	0.08%	0.08%	0.08%
MTB	A	0.05%	0.09%	0.05%
MTCH	F	0.01%	0.02%	0.01%
MTD	F	0.04%	0.04%	0.04%
MU	D	0.18%	0.25%	0.18%
NBIX	C	0.02%	0.02%	0.02%
NDAQ	A	0.05%	0.12%	0.05%
NDSN	D	0.02%	0.03%	0.02%
NEE	C	0.23%	0.94%	0.23%
NEM	D	0.07%	0.11%	0.07%
NET	B	0.04%	0.01%	0.01%
NOC	D	0.11%	0.03%	0.03%
NOW	B	0.31%	0.3%	0.3%
NRG	B	0.03%	0.12%	0.03%
NSC	B	0.09%	0.23%	0.09%
NTAP	C	0.04%	0.04%	0.04%
NTRS	A	0.03%	0.08%	0.03%
NUE	D	0.06%	0.01%	0.01%
NVDA	A	5.27%	7.42%	5.27%
NVR	D	0.05%	0.22%	0.05%
NXPI	F	0.08%	0.12%	0.08%
OC	A	0.03%	0.11%	0.03%
ODFL	B	0.07%	0.17%	0.07%
OKE	A	0.1%	0.11%	0.1%
ON	F	0.05%	0.06%	0.05%
ORCL	A	0.46%	0.44%	0.44%
ORLY	B	0.11%	0.21%	0.11%
OTIS	C	0.06%	0.08%	0.06%
OVV	C	0.01%	0.02%	0.01%
OXY	F	0.05%	0.06%	0.05%
PANW	B	0.19%	0.18%	0.18%
PAYC	B	0.02%	0.03%	0.02%
PAYX	B	0.07%	0.11%	0.07%
PCAR	C	0.09%	0.11%	0.09%
PCG	A	0.06%	0.26%	0.06%
PFE	F	0.22%	0.14%	0.14%
PFG	C	0.03%	0.04%	0.03%
PGR	B	0.22%	0.23%	0.22%
PH	B	0.13%	0.17%	0.13%
PHM	D	0.04%	0.19%	0.04%
PINS	F	0.03%	0.05%	0.03%
PKG	B	0.03%	0.1%	0.03%
PLTR	A	0.18%	0.17%	0.17%
PM	A	0.29%	0.83%	0.29%
PNC	B	0.12%	0.2%	0.12%
PNR	B	0.03%	0.04%	0.03%
PPL	A	0.04%	0.05%	0.04%
PRU	B	0.07%	0.07%	0.07%
PSA	C	0.08%	0.07%	0.07%
PSTG	F	0.02%	0.03%	0.02%
PSX	C	0.08%	0.1%	0.08%
PTC	B	0.04%	0.04%	0.04%
PWR	A	0.07%	0.37%	0.07%
PYPL	B	0.13%	0.01%	0.01%
QCOM	F	0.28%	0.39%	0.28%
QRVO	F	0.01%	0.01%	0.01%
REGN	F	0.13%	0.12%	0.12%
RF	A	0.04%	0.07%	0.04%
RIVN	F	0.01%	0.01%	0.01%
RJF	A	0.05%	0.11%	0.05%
ROK	B	0.05%	0.1%	0.05%
ROL	B	0.02%	0.06%	0.02%
ROP	C	0.09%	0.09%	0.09%
ROST	D	0.07%	0.14%	0.07%
RPRX	F	0.02%	0.01%	0.01%
RS	B	0.03%	0.01%	0.01%
RSG	A	0.07%	0.2%	0.07%
RTX	D	0.24%	0.07%	0.07%
RVTY	D	0.02%	0.02%	0.02%
SBAC	D	0.04%	0.03%	0.03%
SCHW	A	0.18%	0.37%	0.18%
SEIC	B	0.01%	0.02%	0.01%
SHW	C	0.14%	0.01%	0.01%
SLB	C	0.09%	0.09%	0.09%
SMCI	F	0.02%	0.02%	0.02%
SNA	B	0.03%	0.04%	0.03%
SNAP	D	0.02%	0.04%	0.02%
SNOW	C	0.06%	0.01%	0.01%
SNPS	C	0.13%	0.12%	0.12%
SO	C	0.14%	0.59%	0.14%
SPGI	D	0.23%	0.52%	0.23%
SSNC	C	0.03%	0.03%	0.03%
STLD	B	0.04%	0.01%	0.01%
STT	B	0.04%	0.05%	0.04%
STX	D	0.03%	0.04%	0.03%
SUI	C	0.02%	0.01%	0.01%
SW	A	0.04%	0.12%	0.04%
SWK	F	0.02%	0.03%	0.02%
SWKS	F	0.02%	0.03%	0.02%
SYF	B	0.04%	0.18%	0.04%
SYY	D	0.06%	0.04%	0.04%
TDG	D	0.11%	0.03%	0.03%
TDY	B	0.03%	0.05%	0.03%
TEAM	A	0.05%	0.06%	0.05%
TECH	F	0.02%	0.02%	0.02%
TER	F	0.03%	0.03%	0.03%
TFC	A	0.09%	0.15%	0.09%
TGT	B	0.1%	0.08%	0.08%
TJX	A	0.2%	0.38%	0.2%
TMO	F	0.3%	0.26%	0.26%
TMUS	B	0.19%	4.59%	0.19%
TPL	A	0.04%	0.05%	0.04%
TRGP	A	0.06%	0.07%	0.06%
TRMB	B	0.03%	0.04%	0.03%
TROW	B	0.04%	0.05%	0.04%
TRU	D	0.03%	0.05%	0.03%
TRV	A	0.09%	0.09%	0.09%
TSCO	D	0.04%	0.09%	0.04%
TSLA	A	1.48%	1.32%	1.32%
TT	A	0.14%	0.65%	0.14%
TTC	F	0.01%	0.02%	0.01%
TW	A	0.02%	0.05%	0.02%
TWLO	A	0.02%	0.01%	0.01%
TXN	C	0.29%	0.41%	0.29%
TXT	D	0.03%	0.01%	0.01%
TYL	B	0.04%	0.04%	0.04%
UBER	F	0.2%	0.5%	0.2%
UHAL	D	0.01%	0.02%	0.01%
ULTA	F	0.03%	0.05%	0.03%
UNH	C	0.85%	0.01%	0.01%
UNP	D	0.22%	0.55%	0.22%
UPS	C	0.14%	0.03%	0.03%
URI	B	0.09%	0.5%	0.09%
USB	B	0.12%	0.2%	0.12%
UTHR	C	0.03%	0.02%	0.02%
V	A	0.72%	0.04%	0.04%
VICI	C	0.05%	0.05%	0.05%
VLO	C	0.06%	0.08%	0.06%
VLTO	C	0.03%	0.11%	0.03%
VMC	B	0.06%	0.61%	0.06%
VRSK	B	0.06%	0.09%	0.06%
VRSN	F	0.03%	0.01%	0.01%
VRT	A	0.06%	0.14%	0.06%
VRTX	D	0.19%	0.17%	0.17%
VST	A	0.08%	0.17%	0.08%
VTR	B	0.04%	0.06%	0.04%
VTRS	A	0.02%	0.01%	0.01%
WAB	B	0.05%	0.07%	0.05%
WAT	C	0.03%	0.03%	0.03%
WBA	F	0.01%	0.01%	0.01%
WCN	A	0.07%	0.2%	0.07%
WDAY	C	0.08%	0.08%	0.08%
WDC	F	0.03%	0.04%	0.03%
WELL	A	0.13%	0.18%	0.13%
WFC	A	0.38%	0.62%	0.38%
WM	B	0.13%	0.37%	0.13%
WMB	A	0.11%	0.12%	0.11%
WMT	A	0.55%	0.41%	0.41%
WRB	B	0.02%	0.03%	0.02%
WSM	D	0.02%	0.05%	0.02%
WSO	A	0.02%	0.16%	0.02%
WST	D	0.03%	0.03%	0.03%
WTW	B	0.05%	0.05%	0.05%
WY	D	0.03%	0.03%	0.03%
XEL	A	0.05%	0.23%	0.05%
XOM	B	0.79%	0.95%	0.79%
XYL	D	0.04%	0.06%	0.04%
Z	A	0.02%	0.25%	0.02%
ZBRA	B	0.03%	0.04%	0.03%
ZM	B	0.03%	0.04%	0.03%
ZS	B	0.03%	0.03%	0.03%
ZTS	D	0.12%	0.08%	0.08%

KOKU Overweight 190 Positions Relative to INRO

Symbol	Grade	Weight
PG	C	0.58%
NFLX	A	0.51%
KO	D	0.38%
CSCO	B	0.35%
PEP	F	0.33%
MCD	D	0.32%
ABT	A	0.3%
NVS	D	0.3%
ISRG	A	0.28%
DIS	B	0.27%
CMCSA	B	0.26%
HSBH	A	0.25%
VZ	C	0.25%
BKNG	A	0.25%
T	A	0.23%
UL	D	0.22%
SYK	A	0.19%
BSX	A	0.19%
MDT	D	0.18%
SBUX	A	0.17%
PLD	D	0.16%
SHOP	B	0.16%
ANET	C	0.16%
ELV	F	0.15%
TD	D	0.15%
NKE	F	0.14%
CI	D	0.14%
MDLZ	F	0.13%
MCK	A	0.12%
MSI	B	0.12%
CMG	C	0.12%
MAR	B	0.11%
CL	D	0.11%
HLT	A	0.1%
DEO	F	0.1%
BDX	F	0.1%
HCA	F	0.1%
CVS	F	0.1%
RCL	A	0.09%
ABNB	D	0.09%
SPG	A	0.09%
CNI	F	0.09%
ECL	D	0.09%
DASH	A	0.08%
TTD	B	0.08%
SRE	A	0.08%
SQ	A	0.07%
KMB	C	0.07%
PEG	C	0.07%
LYG	C	0.07%
KVUE	A	0.07%
D	C	0.07%
BCS	B	0.07%
O	C	0.07%
CHTR	B	0.06%
YUM	D	0.06%
STZ	D	0.06%
EA	A	0.06%
EW	C	0.06%
COR	B	0.06%
CTVA	C	0.06%
MNST	C	0.06%
FLUT	A	0.06%
GOLD	C	0.05%
TTWO	A	0.05%
DOW	F	0.05%
CNC	F	0.05%
E	F	0.05%
ED	C	0.05%
GEHC	D	0.05%
SE	A	0.05%
HUM	D	0.05%
KDP	D	0.05%
DD	D	0.05%
VEEV	C	0.05%
LULU	C	0.05%
RMD	C	0.05%
GIS	F	0.05%
IDXX	F	0.05%
DTE	C	0.04%
AEE	A	0.04%
CCL	A	0.04%
CPAY	A	0.04%
EXPE	B	0.04%
CHD	A	0.04%
HSY	F	0.04%
AWK	C	0.04%
DXCM	C	0.04%
KHC	F	0.04%
ADM	D	0.04%
PPG	F	0.04%
STLA	F	0.04%
GPN	C	0.04%
CAH	B	0.04%
WEC	A	0.04%
DECK	A	0.04%
CHKP	D	0.03%
RPM	B	0.03%
DKNG	B	0.03%
GPC	F	0.03%
HOLX	D	0.03%
CMS	C	0.03%
CNP	A	0.03%
PODD	B	0.03%
EQH	B	0.03%
AER	B	0.03%
MKC	D	0.03%
CLX	A	0.03%
TEVA	D	0.03%
MOH	F	0.03%
LVS	B	0.03%
LYB	F	0.03%
OMC	C	0.03%
STE	D	0.03%
DRI	C	0.03%
LYV	A	0.03%
WBD	B	0.03%
ZBH	C	0.03%
K	B	0.03%
IFF	D	0.03%
RBLX	B	0.03%
LH	B	0.03%
JNPR	D	0.02%
MGM	D	0.02%
MNDY	D	0.02%
EMN	D	0.02%
WIX	A	0.02%
TAP	B	0.02%
LW	C	0.02%
AMH	C	0.02%
IPG	F	0.02%
JKHY	D	0.02%
NWSA	B	0.02%
OKTA	D	0.02%
REG	A	0.02%
HST	D	0.02%
LOGI	F	0.02%
SJM	D	0.02%
UHS	D	0.02%
FOXA	B	0.02%
ALB	B	0.02%
TOST	A	0.02%
CYBR	A	0.02%
BG	D	0.02%
WTRG	B	0.02%
WPC	C	0.02%
POOL	D	0.02%
CAG	F	0.02%
CHRW	B	0.02%
ELS	B	0.02%
UDR	C	0.02%
FFIV	B	0.02%
NI	A	0.02%
EL	F	0.02%
AKAM	F	0.02%
CCEP	D	0.02%
XRX	F	0.02%
APTV	F	0.02%
DPZ	C	0.02%
ALGN	D	0.02%
TSN	B	0.02%
RBA	A	0.02%
BAX	F	0.02%
KIM	A	0.02%
DGX	A	0.02%
CF	A	0.02%
GLBE	A	0.01%
WFG	C	0.01%
CELH	F	0.01%
WLK	F	0.01%
PARA	D	0.01%
H	B	0.01%
FUTU	C	0.01%
FOX	A	0.01%
OTEX	F	0.01%
CRBG	B	0.01%
CPB	D	0.01%
HSIC	C	0.01%
CE	F	0.01%
GRAB	A	0.01%
ROKU	D	0.01%
MOS	D	0.01%
WYNN	D	0.01%
LKQ	F	0.01%
HRL	D	0.01%
QGEN	F	0.01%
SOLV	F	0.01%
TFX	F	0.01%
DVA	C	0.01%
DOOO	F	0.0%

KOKU Underweight 0 Positions Relative to INRO

	Symbol	Grade	Weight