KOKU vs. LCTU ETF Comparison

Comparison of Xtrackers MSCI Kokusai Equity ETF (KOKU) to BlackRock U.S. Carbon Transition Readiness ETF (LCTU)

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

$95.33

Average Daily Volume

1,507

Number of Holdings ^*

619

* may have additional holdings in another (foreign) market

LCTU

BlackRock U.S. Carbon Transition Readiness ETF

LCTU Description

The investment seeks long-term capital appreciation by investing in large- and mid-capitalization U.S. equity securities that may be better positioned to benefit from the transition to a low-carbon economy. The fund seeks to outperform the price and yield performance of the Russell 1000 ®Index by optimizing for LCETR scores criteria based on proprietary BFA research. It seeks to invest at least 80% of its net assets in equity securities of issuers listed in the United States of America. The index is a subset of the Russell 3000 Index, which measures the performance of the broad U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$59.11

Average Daily Volume

64,231

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	KOKU	LCTU
30 Days	4.42%	4.42%
60 Days	-1.79%	-2.46%
90 Days	0.70%	1.70%
12 Months	19.30%	21.35%

231 Overlapping Holdings

	Symbol	Grade	Weight in KOKU	Weight in LCTU	Overlap
	A	B	0.06%	0.29%	0.06%
	AAPL	C	5.18%	7.08%	5.18%
	ABBV	B	0.14%	0.82%	0.14%
	ABBV	B	0.53%	0.82%	0.53%
	ABNB	F	0.08%	0.04%	0.04%
	ABT	A	0.3%	1.35%	0.3%
	ACGL	B	0.06%	0.41%	0.06%
	ACN	A	0.33%	1.13%	0.33%
	ADBE	B	0.39%	0.68%	0.39%
	ADI	C	0.18%	0.52%	0.18%
	ADP	B	0.17%	0.2%	0.17%
	ADSK	B	0.09%	0.56%	0.09%
	AFG	A	0.01%	0.04%	0.01%
	AFL	B	0.1%	0.16%	0.1%
	AJG	A	0.1%	0.02%	0.02%
	ALL	B	0.08%	0.24%	0.08%
	ALNY	C	0.05%	0.06%	0.05%
	AMAT	F	0.24%	0.21%	0.21%
	AMD	F	0.36%	0.58%	0.36%
	AMGN	C	0.28%	0.55%	0.28%
	AMT	A	0.16%	0.42%	0.16%
	AMZN	D	2.48%	2.99%	2.48%
	AON	A	0.1%	0.31%	0.1%
	APD	B	0.09%	0.13%	0.09%
	ARE	D	0.03%	0.03%	0.03%
	AVGO	D	1.06%	1.24%	1.06%
	AVY	B	0.03%	0.05%	0.03%
	BBY	A	0.03%	0.43%	0.03%
	BG	D	0.02%	0.05%	0.02%
	BIIB	D	0.05%	0.27%	0.05%
	BKNG	C	0.2%	0.65%	0.2%
	BKR	D	0.05%	0.49%	0.05%
	BMY	B	0.16%	0.02%	0.02%
	BRK.A	B	0.94%	0.82%	0.82%
	BSX	A	0.18%	0.21%	0.18%
	BX	B	0.15%	0.0%	0.0%
	BXP	A	0.02%	0.13%	0.02%
	C	D	0.18%	0.33%	0.18%
	CAT	C	0.27%	0.5%	0.27%
	CCK	A	0.02%	0.08%	0.02%
	CDNS	D	0.11%	0.03%	0.03%
	CEG	D	0.09%	0.12%	0.09%
	CFG	B	0.03%	0.12%	0.03%
	CHD	A	0.04%	0.47%	0.04%
	CHRW	B	0.02%	0.16%	0.02%
	CI	B	0.15%	0.45%	0.15%
	CINF	B	0.03%	0.11%	0.03%
	CL	A	0.13%	0.41%	0.13%
	CMCSA	C	0.24%	0.06%	0.06%
	CME	A	0.12%	0.07%	0.07%
	CMG	D	0.12%	0.01%	0.01%
	CMI	B	0.06%	0.76%	0.06%
	CNC	D	0.07%	0.41%	0.07%
	COF	C	0.09%	0.83%	0.09%
	COP	D	0.21%	0.82%	0.21%
	COST	B	0.6%	1.42%	0.6%
	CRM	D	0.38%	0.57%	0.38%
	CRWD	F	0.09%	0.07%	0.07%
	CSCO	B	0.31%	0.74%	0.31%
	CTLT	A	0.02%	0.03%	0.02%
	CTSH	B	0.06%	0.1%	0.06%
	CVS	F	0.11%	0.26%	0.11%
	CVX	F	0.4%	0.23%	0.23%
	CZR	D	0.01%	0.04%	0.01%
	DECK	C	0.04%	0.16%	0.04%
	DELL	F	0.04%	0.01%	0.01%
	DIS	F	0.25%	0.22%	0.22%
	DOCU	A	0.02%	0.03%	0.02%
	DVA	B	0.02%	0.12%	0.02%
	DXCM	F	0.04%	0.02%	0.02%
	EBAY	A	0.05%	0.33%	0.05%
	ECL	B	0.1%	1.11%	0.1%
	ED	A	0.05%	0.12%	0.05%
	EL	F	0.03%	0.12%	0.03%
	ELV	B	0.2%	0.42%	0.2%
	ENPH	D	0.02%	0.02%	0.02%
	ES	A	0.04%	0.33%	0.04%
	ETN	D	0.18%	0.57%	0.18%
	ETSY	F	0.01%	0.22%	0.01%
	EW	F	0.07%	0.06%	0.06%
	EXPD	D	0.03%	0.41%	0.03%
	EXPE	C	0.03%	0.07%	0.03%
	FANG	D	0.05%	0.08%	0.05%
	FCX	D	0.1%	0.05%	0.05%
	FITB	B	0.04%	0.3%	0.04%
	FSLR	C	0.03%	0.03%	0.03%
	FTNT	B	0.07%	0.24%	0.07%
	GE	C	0.29%	0.42%	0.29%
	GEV	A	0.08%	0.15%	0.08%
	GILD	A	0.15%	0.04%	0.04%
	GM	B	0.09%	0.05%	0.05%
	GOOG	D	1.28%	1.6%	1.28%
	GOOGL	D	1.46%	1.94%	1.46%
	GS	C	0.26%	1.03%	0.26%
	HD	B	0.56%	0.63%	0.56%
	HOLX	A	0.03%	0.41%	0.03%
	HPE	D	0.04%	0.07%	0.04%
	HPQ	D	0.05%	0.08%	0.05%
	HST	D	0.02%	0.01%	0.01%
	HUBB	C	0.03%	0.36%	0.03%
	HUBS	F	0.04%	0.08%	0.04%
	HUM	D	0.07%	0.17%	0.07%
	HWM	B	0.06%	0.04%	0.04%
	IBM	A	0.28%	0.28%	0.28%
	IEX	D	0.03%	0.0%	0.0%
	ILMN	B	0.03%	0.3%	0.03%
	INTC	F	0.13%	0.2%	0.13%
	INTU	D	0.27%	0.55%	0.27%
	IPG	B	0.02%	0.23%	0.02%
	IR	D	0.06%	0.2%	0.06%
	ISRG	B	0.27%	0.16%	0.16%
	ITW	C	0.12%	0.16%	0.12%
	J	C	0.03%	0.63%	0.03%
	JBHT	C	0.02%	0.26%	0.02%
	JNJ	B	0.61%	1.54%	0.61%
	JPM	B	0.98%	1.39%	0.98%
	K	A	0.03%	0.03%	0.03%
	KDP	A	0.06%	0.2%	0.06%
	KEY	B	0.03%	0.55%	0.03%
	KIM	A	0.02%	0.02%	0.02%
	KKR	B	0.12%	0.93%	0.12%
	KMI	B	0.07%	0.08%	0.07%
	KO	B	0.45%	1.23%	0.45%
	LLY	B	1.17%	1.9%	1.17%
	LPLA	D	0.03%	0.17%	0.03%
	LRCX	F	0.16%	0.48%	0.16%
	LVS	D	0.02%	0.1%	0.02%
	MA	B	0.62%	1.77%	0.62%
	MCD	A	0.32%	0.27%	0.27%
	MDLZ	A	0.15%	0.48%	0.15%
	MDT	A	0.18%	0.27%	0.18%
	MET	B	0.07%	0.09%	0.07%
	META	C	1.74%	2.16%	1.74%
	MGM	F	0.02%	0.15%	0.02%
	MKC	A	0.03%	0.47%	0.03%
	MKTX	A	0.01%	0.0%	0.0%
	MMC	A	0.17%	0.48%	0.17%
	MMM	B	0.11%	0.03%	0.03%
	MOH	C	0.03%	0.03%	0.03%
	MPC	D	0.1%	0.4%	0.1%
	MRK	D	0.46%	0.62%	0.46%
	MRNA	F	0.04%	0.03%	0.03%
	MRVL	D	0.09%	0.03%	0.03%
	MS	C	0.2%	0.01%	0.01%
	MSCI	B	0.07%	0.1%	0.07%
	MSFT	D	4.48%	5.2%	4.48%
	MTB	B	0.04%	0.28%	0.04%
	MTD	C	0.05%	0.1%	0.05%
	MU	F	0.17%	0.05%	0.05%
	NDAQ	A	0.05%	0.39%	0.05%
	NEE	A	0.25%	0.15%	0.15%
	NFLX	B	0.46%	0.74%	0.46%
	NKE	C	0.16%	0.29%	0.16%
	NOW	B	0.26%	0.35%	0.26%
	NRG	C	0.03%	0.24%	0.03%
	NVDA	D	4.51%	4.92%	4.51%
	O	A	0.08%	0.27%	0.08%
	OKE	A	0.09%	0.14%	0.09%
	OKTA	F	0.02%	0.17%	0.02%
	OMC	B	0.03%	0.03%	0.03%
	ORCL	A	0.35%	0.26%	0.26%
	PANW	B	0.18%	0.39%	0.18%
	PARA	F	0.01%	0.0%	0.0%
	PCAR	D	0.08%	0.69%	0.08%
	PEG	B	0.06%	0.6%	0.06%
	PEP	A	0.37%	0.39%	0.37%
	PFE	D	0.25%	0.11%	0.11%
	PG	A	0.61%	0.53%	0.53%
	PGR	A	0.22%	0.14%	0.14%
	PLD	B	0.18%	0.57%	0.18%
	PLTR	B	0.09%	0.06%	0.06%
	PPG	D	0.04%	0.67%	0.04%
	PSX	D	0.09%	0.03%	0.03%
	PWR	C	0.06%	0.06%	0.06%
	PYPL	B	0.11%	0.11%	0.11%
	QCOM	F	0.29%	0.31%	0.29%
	REG	A	0.02%	0.13%	0.02%
	RIVN	F	0.01%	0.04%	0.01%
	RJF	D	0.03%	0.18%	0.03%
	RMD	A	0.05%	0.03%	0.03%
	RPM	A	0.02%	0.01%	0.01%
	RTX	B	0.25%	0.49%	0.25%
	SBUX	B	0.16%	0.26%	0.16%
	SCHW	D	0.15%	0.06%	0.06%
	SHW	B	0.13%	0.11%	0.11%
	SMCI	F	0.03%	0.03%	0.03%
	SNOW	F	0.06%	0.0%	0.0%
	SPG	B	0.09%	0.18%	0.09%
	SPGI	A	0.25%	1.33%	0.25%
	SQ	D	0.05%	0.23%	0.05%
	SRE	B	0.08%	1.0%	0.08%
	STLD	D	0.03%	0.03%	0.03%
	SYY	A	0.06%	0.16%	0.06%
	TDG	B	0.11%	0.01%	0.01%
	TEAM	F	0.04%	0.06%	0.04%
	TFC	B	0.09%	0.0%	0.0%
	TGT	B	0.11%	0.34%	0.11%
	TJX	B	0.21%	0.25%	0.21%
	TMUS	B	0.17%	0.32%	0.17%
	TRGP	A	0.05%	0.05%	0.05%
	TSLA	D	0.9%	1.26%	0.9%
	TT	B	0.12%	0.74%	0.12%
	TTWO	B	0.04%	0.11%	0.04%
	TWLO	D	0.02%	0.0%	0.0%
	TXN	C	0.29%	0.43%	0.29%
	TXT	D	0.03%	0.03%	0.03%
	UBER	B	0.21%	0.46%	0.21%
	UNH	A	0.84%	0.15%	0.15%
	USB	B	0.11%	0.02%	0.02%
	VEEV	A	0.05%	0.37%	0.05%
	VLO	D	0.07%	0.08%	0.07%
	VLTO	B	0.04%	0.22%	0.04%
	VRSK	C	0.06%	0.08%	0.06%
	VRT	F	0.04%	0.02%	0.02%
	VRTX	D	0.2%	0.19%	0.19%
	VTR	A	0.04%	0.12%	0.04%
	VZ	B	0.26%	0.41%	0.26%
	WAT	B	0.03%	0.06%	0.03%
	WDAY	C	0.08%	0.17%	0.08%
	WDC	D	0.03%	0.05%	0.03%
	WELL	A	0.1%	0.03%	0.03%
	WFC	D	0.31%	0.02%	0.02%
	WMT	A	0.52%	0.25%	0.25%
	WSM	D	0.02%	0.26%	0.02%
	WST	D	0.03%	0.05%	0.03%
	WY	C	0.03%	0.36%	0.03%
	XOM	C	0.81%	0.74%	0.74%
	XYL	D	0.05%	0.47%	0.05%
	YUM	B	0.06%	0.66%	0.06%
	ZM	B	0.03%	0.17%	0.03%
	ZS	F	0.03%	0.04%	0.03%

KOKU Overweight 388 Positions Relative to LCTU

	Symbol	Grade	Weight
	V	A	0.67%
	BAC	D	0.44%
	TMO	A	0.36%
	NVS	B	0.36%
	LIN	B	0.35%
	DHR	B	0.29%
	PM	A	0.29%
	UL	A	0.25%
	UNP	B	0.24%
	AXP	B	0.23%
	LOW	B	0.22%
	BLK	B	0.21%
	HON	D	0.21%
	T	A	0.21%
	REGN	B	0.2%
	SYK	A	0.19%
	LMT	A	0.19%
	KLAC	D	0.17%
	CB	A	0.17%
	TD	A	0.16%
	MO	A	0.15%
	ANET	D	0.15%
	BA	F	0.15%
	DE	B	0.15%
	ICE	A	0.14%
	UPS	F	0.14%
	MELI	B	0.14%
	SO	A	0.14%
	ZTS	A	0.13%
	DUK	A	0.13%
	WM	D	0.13%
	SHOP	C	0.13%
	NOC	B	0.12%
	EQIX	B	0.12%
	PH	B	0.12%
	HCA	B	0.12%
	SNPS	D	0.12%
	MCO	B	0.12%
	APH	D	0.12%
	FDX	D	0.11%
	ORLY	B	0.11%
	MSI	B	0.11%
	BDX	D	0.11%
	DEO	C	0.11%
	CTAS	B	0.11%
	MCK	D	0.11%
	PNC	B	0.11%
	EOG	D	0.11%
	NXPI	D	0.1%
	SLB	F	0.1%
	CNI	D	0.1%
	CSX	D	0.1%
	GD	B	0.1%
	NSC	B	0.09%
	WMB	B	0.09%
	HLT	C	0.09%
	ROP	C	0.09%
	AZO	B	0.09%
	MAR	D	0.09%
	CARR	B	0.09%
	NEM	B	0.09%
	EMR	D	0.09%
	MPWR	C	0.08%
	FIS	A	0.08%
	LYG	C	0.08%
	ROST	B	0.08%
	AIG	D	0.08%
	TRV	A	0.08%
	URI	C	0.08%
	BK	B	0.08%
	AEP	A	0.08%
	DHI	B	0.08%
	PSA	A	0.08%
	RSG	B	0.07%
	BCS	B	0.07%
	F	D	0.07%
	GWW	C	0.07%
	PRU	C	0.07%
	LHX	C	0.07%
	MCHP	D	0.07%
	IQV	B	0.07%
	LEN	B	0.07%
	APO	D	0.07%
	LNG	B	0.07%
	FICO	A	0.07%
	TTD	B	0.07%
	CPRT	D	0.07%
	AMP	B	0.07%
	DLR	D	0.07%
	WCN	B	0.07%
	D	A	0.07%
	CCI	A	0.07%
	TEL	C	0.07%
	KMB	A	0.07%
	JCI	C	0.07%
	VICI	A	0.06%
	MNST	D	0.06%
	EXR	B	0.06%
	STLA	F	0.06%
	E	D	0.06%
	GOLD	C	0.06%
	EFX	B	0.06%
	FLUT	A	0.06%
	HES	F	0.06%
	HIG	B	0.06%
	KR	C	0.06%
	EXC	A	0.06%
	ODFL	D	0.06%
	NUE	F	0.06%
	FAST	D	0.06%
	OXY	F	0.06%
	AME	D	0.06%
	EA	C	0.06%
	DOW	D	0.06%
	DASH	B	0.06%
	PCG	A	0.06%
	IT	B	0.06%
	STZ	B	0.06%
	OTIS	D	0.06%
	CTVA	B	0.06%
	RCL	C	0.06%
	GIS	A	0.06%
	KVUE	A	0.06%
	IDXX	D	0.06%
	PAYX	B	0.06%
	LULU	F	0.05%
	WTW	A	0.05%
	ROK	D	0.05%
	DVN	F	0.05%
	KHC	A	0.05%
	CSGP	C	0.05%
	VST	C	0.05%
	DDOG	D	0.05%
	NVR	B	0.05%
	ADM	D	0.05%
	EIX	A	0.05%
	VMC	D	0.05%
	XEL	A	0.05%
	IRM	B	0.05%
	CHTR	C	0.05%
	GLW	C	0.05%
	ON	D	0.05%
	GEHC	B	0.05%
	CBRE	B	0.05%
	MLM	D	0.05%
	AVB	B	0.05%
	DFS	C	0.05%
	COIN	F	0.05%
	DD	C	0.05%
	PPL	A	0.04%
	ZBH	D	0.04%
	TROW	D	0.04%
	LYB	D	0.04%
	BR	C	0.04%
	NET	F	0.04%
	RF	B	0.04%
	DTE	B	0.04%
	FE	A	0.04%
	AXON	B	0.04%
	FTV	D	0.04%
	SBAC	A	0.04%
	IFF	A	0.04%
	NTAP	D	0.04%
	DOV	C	0.04%
	BRO	A	0.04%
	STT	B	0.04%
	TYL	A	0.04%
	KEYS	C	0.04%
	CAH	A	0.04%
	EQR	B	0.04%
	GRMN	B	0.04%
	TSCO	B	0.04%
	SE	B	0.04%
	PHM	B	0.04%
	HSY	A	0.04%
	ARES	C	0.04%
	AWK	A	0.04%
	GPN	C	0.04%
	WEC	A	0.04%
	ANSS	D	0.04%
	HAL	F	0.04%
	ETR	A	0.04%
	WAB	B	0.04%
	CDW	D	0.04%
	EQH	C	0.03%
	AKAM	D	0.03%
	SWK	B	0.03%
	CCL	D	0.03%
	ALGN	F	0.03%
	CF	B	0.03%
	WRB	B	0.03%
	LYV	D	0.03%
	CNP	D	0.03%
	EME	C	0.03%
	MAS	B	0.03%
	LII	C	0.03%
	VRSN	C	0.03%
	SWKS	D	0.03%
	ENTG	D	0.03%
	ULTA	D	0.03%
	MDB	C	0.03%
	TSN	A	0.03%
	WBD	D	0.03%
	IP	B	0.03%
	CMS	A	0.03%
	SSNC	B	0.03%
	FCNCA	C	0.03%
	CHKP	B	0.03%
	BAX	A	0.03%
	RBLX	B	0.03%
	TPL	C	0.03%
	NTRS	B	0.03%
	STX	D	0.03%
	BAH	B	0.03%
	DLTR	F	0.03%
	MAA	B	0.03%
	CLX	A	0.03%
	PFG	D	0.03%
	EQT	D	0.03%
	DG	F	0.03%
	AER	C	0.03%
	ATO	A	0.03%
	APTV	D	0.03%
	TRU	B	0.03%
	BALL	A	0.03%
	CTRA	F	0.03%
	DRI	A	0.03%
	PKG	B	0.03%
	MRO	C	0.03%
	CBOE	A	0.03%
	ESS	B	0.03%
	CSL	C	0.03%
	BLDR	C	0.03%
	TDY	B	0.03%
	PINS	F	0.03%
	CPAY	B	0.03%
	GPC	D	0.03%
	MKL	C	0.03%
	TEVA	B	0.03%
	MSTR	F	0.03%
	TER	D	0.03%
	SW	D	0.03%
	HBAN	B	0.03%
	AEE	A	0.03%
	INVH	B	0.03%
	GDDY	C	0.03%
	SYF	C	0.03%
	LDOS	B	0.03%
	STE	A	0.03%
	PTC	D	0.03%
	MTCH	B	0.02%
	QGEN	B	0.02%
	APA	F	0.02%
	HRL	A	0.02%
	MNDY	C	0.02%
	CRL	F	0.02%
	ALB	F	0.02%
	HEI	B	0.02%
	JNPR	A	0.02%
	OVV	F	0.02%
	EMN	C	0.02%
	AOS	D	0.02%
	EXAS	B	0.02%
	FOXA	B	0.02%
	NWSA	C	0.02%
	JKHY	B	0.02%
	EPAM	C	0.02%
	AES	D	0.02%
	QRVO	D	0.02%
	AIZ	B	0.02%
	TECH	D	0.02%
	CPT	B	0.02%
	TFX	A	0.02%
	AMH	A	0.02%
	FFIV	B	0.02%
	SJM	A	0.02%
	NBIX	D	0.02%
	POOL	C	0.02%
	CYBR	C	0.02%
	ALLE	B	0.02%
	WTRG	D	0.02%
	TW	B	0.02%
	KMX	C	0.02%
	RPRX	B	0.02%
	INCY	C	0.02%
	GGG	D	0.02%
	NI	A	0.02%
	EVRG	A	0.02%
	ALLY	C	0.02%
	DKS	C	0.02%
	WPC	A	0.02%
	UDR	B	0.02%
	ELS	A	0.02%
	UHS	B	0.02%
	WSO	D	0.02%
	JBL	F	0.02%
	DKNG	D	0.02%
	VTRS	C	0.02%
	XRX	D	0.02%
	LOGI	D	0.02%
	SNA	D	0.02%
	DPZ	D	0.02%
	PODD	A	0.02%
	FNF	B	0.02%
	TRMB	D	0.02%
	DT	A	0.02%
	CE	F	0.02%
	ERIE	A	0.02%
	RS	D	0.02%
	LNT	A	0.02%
	APP	B	0.02%
	PNR	B	0.02%
	RBA	B	0.02%
	GLPI	A	0.02%
	ROL	B	0.02%
	NDSN	C	0.02%
	CAG	A	0.02%
	HEI	B	0.02%
	CCEP	A	0.02%
	AMCR	B	0.02%
	L	B	0.02%
	AVTR	B	0.02%
	SUI	A	0.02%
	DOC	B	0.02%
	PSTG	F	0.02%
	OC	D	0.02%
	EG	B	0.02%
	UTHR	B	0.02%
	BURL	B	0.02%
	FDS	C	0.02%
	ACM	B	0.02%
	ZBRA	C	0.02%
	MANH	B	0.02%
	BMRN	D	0.02%
	DGX	B	0.02%
	CFLT	F	0.01%
	WFG	B	0.01%
	FUTU	F	0.01%
	LUV	A	0.01%
	U	D	0.01%
	PATH	D	0.01%
	WLK	D	0.01%
	H	C	0.01%
	DAL	D	0.01%
	PCTY	C	0.01%
	FOX	B	0.01%
	CELH	F	0.01%
	UHAL	B	0.01%
	BEN	F	0.01%
	LSCC	F	0.01%
	BBWI	F	0.01%
	WBA	F	0.01%
	GRAB	D	0.01%
	BSY	D	0.01%
	CLF	F	0.01%
	ACI	D	0.01%
	CHK	F	0.01%
	CRBG	C	0.01%
	RGEN	C	0.01%
	CG	D	0.01%
	IOT	A	0.01%
	KNX	D	0.01%
	DINO	F	0.01%
	Z	B	0.01%
	OTEX	C	0.01%
	SEIC	D	0.01%
	ROKU	C	0.01%
	WYNN	D	0.01%
	TOST	D	0.01%
	LW	D	0.01%
	SOLV	B	0.01%
	PAYC	D	0.01%
	HOOD	D	0.01%
	BIO	A	0.01%
	HSIC	C	0.01%
	CPB	A	0.01%
	TTC	D	0.01%
	CHRD	F	0.01%
	MOS	F	0.01%
	DAY	C	0.01%
	CNH	C	0.01%
	WIX	C	0.01%
	SNAP	F	0.01%
	TAP	C	0.01%
	HII	B	0.01%
	LKQ	D	0.01%
	DOOO	D	0.0%
	GLBE	D	0.0%

KOKU Underweight 54 Positions Relative to LCTU

	Symbol	Grade	Weight
	RGA	B	-0.24%
	OLED	D	-0.22%
	WHR	D	-0.21%
	FNB	C	-0.16%
	FMC	C	-0.16%
	FRT	A	-0.14%
	MAN	D	-0.14%
	NU	B	-0.14%
	ESI	D	-0.14%
	XRAY	D	-0.13%
	SPOT	C	-0.12%
	KRC	B	-0.12%
	GLOB	C	-0.12%
	HXL	F	-0.11%
	RL	A	-0.08%
	RGLD	C	-0.08%
	REXR	B	-0.08%
	AR	F	-0.08%
	VOYA	B	-0.07%
	FTI	D	-0.06%
	KEX	D	-0.06%
	MTZ	C	-0.05%
	HAS	B	-0.05%
	PSN	B	-0.05%
	S	D	-0.04%
	AAL	C	-0.03%
	AXS	B	-0.03%
	GWRE	A	-0.03%
	CPNG	B	-0.03%
	GFS	F	-0.02%
	LCID	B	-0.02%
	LOPE	D	-0.02%
	SAIC	B	-0.02%
	CIVI	F	-0.02%
	PVH	F	-0.02%
	GAP	F	-0.02%
	VNO	B	-0.02%
	DOX	C	-0.01%
	ITT	C	-0.01%
	AGO	D	-0.01%
	BWA	D	-0.01%
	DJT	F	-0.01%
	GXO	D	-0.01%
	NOV	F	-0.01%
	AGNC	A	-0.0%
	INGR	A	-0.0%
	AM	C	-0.0%
	PNFP	B	-0.0%
	DXC	A	-0.0%
	YETI	D	-0.0%
	FYBR	A	-0.0%
	TTEK	B	-0.0%
	PII	D	-0.0%
	G	B	-0.0%

KOKU: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Semiconductors Software - Infrastructure Asset Management Diagnostics & Research Oil & Gas E&P Capital Markets Specialty Retail Biotechnology Aerospace & Defense Banks - Regional - US Drug Manufacturers - Major REIT - Residential Specialty Chemicals Insurance - Property & Casualty Internet Content & Information Packaged Foods

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Dow Jones Component Chemical Telecommunications Aerospace Bank Real Estate Investment Trust Medicine Banking Cloud Computing Insurance Products Mining Semiconductor Mobile Devices

LCTU: Top Represented Industries & Keywords

Industries: Software - Application Drug Manufacturers - Major Semiconductors Banks - Regional - US Capital Markets Diversified Industrials Software - Infrastructure Health Care Plans Information Technology Services Telecom Services Diagnostics & Research Insurance - Property & Casualty Medical Instruments & Supplies REIT - Retail Specialty Chemicals Specialty Retail Aerospace & Defense Auto Manufacturers Engineering & Construction Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Insurance Natural Gas Work From Home Bank Telecommunications Electronics Real Estate Investment Trust Medicine Mobile Devices Banking Chemical Cloud Computing Disability Insurance Products Mining Cash Management