KOKU vs. SSO ETF Comparison

Comparison of Xtrackers MSCI Kokusai Equity ETF (KOKU) to ProShares Ultra S&P500 (SSO)

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

SSO

ProShares Ultra S&P500

SSO Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.98

Average Daily Volume

2,832,029

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	KOKU	SSO
30 Days	4.42%	7.73%
60 Days	-1.79%	-6.88%
90 Days	0.70%	0.80%
12 Months	19.30%	39.46%

482 Overlapping Holdings

	Symbol	Grade	Weight in KOKU	Weight in SSO	Overlap
	A	B	0.06%	0.06%	0.06%
	AAPL	C	5.18%	4.63%	4.63%
	ABBV	B	0.14%	0.49%	0.14%
	ABBV	B	0.53%	0.49%	0.49%
	ABNB	F	0.08%	0.07%	0.07%
	ABT	A	0.3%	0.28%	0.28%
	ACGL	B	0.06%	0.06%	0.06%
	ACN	A	0.33%	0.3%	0.3%
	ADBE	B	0.39%	0.36%	0.36%
	ADI	C	0.18%	0.16%	0.16%
	ADM	D	0.05%	0.04%	0.04%
	ADP	B	0.17%	0.16%	0.16%
	ADSK	B	0.09%	0.08%	0.08%
	AEE	A	0.03%	0.03%	0.03%
	AEP	A	0.08%	0.07%	0.07%
	AES	D	0.02%	0.02%	0.02%
	AFL	B	0.1%	0.08%	0.08%
	AIG	D	0.08%	0.07%	0.07%
	AIZ	B	0.02%	0.01%	0.01%
	AJG	A	0.1%	0.09%	0.09%
	AKAM	D	0.03%	0.02%	0.02%
	ALB	F	0.02%	0.01%	0.01%
	ALGN	F	0.03%	0.02%	0.02%
	ALL	B	0.08%	0.07%	0.07%
	ALLE	B	0.02%	0.02%	0.02%
	AMAT	F	0.24%	0.23%	0.23%
	AMCR	B	0.02%	0.02%	0.02%
	AMD	F	0.36%	0.34%	0.34%
	AME	D	0.06%	0.06%	0.06%
	AMGN	C	0.28%	0.25%	0.25%
	AMP	B	0.07%	0.06%	0.06%
	AMT	A	0.16%	0.15%	0.15%
	AMZN	D	2.48%	2.22%	2.22%
	ANET	D	0.15%	0.12%	0.12%
	ANSS	D	0.04%	0.04%	0.04%
	AON	A	0.1%	0.1%	0.1%
	AOS	D	0.02%	0.01%	0.01%
	APA	F	0.02%	0.01%	0.01%
	APD	B	0.09%	0.09%	0.09%
	APH	D	0.12%	0.11%	0.11%
	APTV	D	0.03%	0.03%	0.03%
	ARE	D	0.03%	0.03%	0.03%
	ATO	A	0.03%	0.03%	0.03%
	AVB	B	0.05%	0.04%	0.04%
	AVGO	D	1.06%	0.98%	0.98%
	AVY	B	0.03%	0.03%	0.03%
	AWK	A	0.04%	0.04%	0.04%
	AXON	B	0.04%	0.04%	0.04%
	AXP	B	0.23%	0.21%	0.21%
	AZO	B	0.09%	0.07%	0.07%
	BA	F	0.15%	0.14%	0.14%
	BAC	D	0.44%	0.39%	0.39%
	BALL	A	0.03%	0.03%	0.03%
	BAX	A	0.03%	0.03%	0.03%
	BBWI	F	0.01%	0.01%	0.01%
	BBY	A	0.03%	0.02%	0.02%
	BDX	D	0.11%	0.1%	0.1%
	BEN	F	0.01%	0.01%	0.01%
	BG	D	0.02%	0.02%	0.02%
	BIIB	D	0.05%	0.04%	0.04%
	BIO	A	0.01%	0.01%	0.01%
	BK	B	0.08%	0.07%	0.07%
	BKNG	C	0.2%	0.19%	0.19%
	BKR	D	0.05%	0.05%	0.05%
	BLDR	C	0.03%	0.03%	0.03%
	BLK	B	0.21%	0.18%	0.18%
	BMY	B	0.16%	0.14%	0.14%
	BR	C	0.04%	0.04%	0.04%
	BRK.A	B	0.94%	1.19%	0.94%
	BRO	A	0.04%	0.04%	0.04%
	BSX	A	0.18%	0.17%	0.17%
	BX	B	0.15%	0.14%	0.14%
	BXP	A	0.02%	0.02%	0.02%
	C	D	0.18%	0.17%	0.17%
	CAG	A	0.02%	0.02%	0.02%
	CAH	A	0.04%	0.04%	0.04%
	CARR	B	0.09%	0.08%	0.08%
	CAT	C	0.27%	0.24%	0.24%
	CB	A	0.17%	0.16%	0.16%
	CBOE	A	0.03%	0.03%	0.03%
	CBRE	B	0.05%	0.05%	0.05%
	CCI	A	0.07%	0.07%	0.07%
	CCL	D	0.03%	0.02%	0.02%
	CDNS	D	0.11%	0.1%	0.1%
	CDW	D	0.04%	0.04%	0.04%
	CE	F	0.02%	0.02%	0.02%
	CEG	D	0.09%	0.09%	0.09%
	CF	B	0.03%	0.02%	0.02%
	CFG	B	0.03%	0.03%	0.03%
	CHD	A	0.04%	0.04%	0.04%
	CHRW	B	0.02%	0.02%	0.02%
	CHTR	C	0.05%	0.05%	0.05%
	CI	B	0.15%	0.14%	0.14%
	CINF	B	0.03%	0.03%	0.03%
	CL	A	0.13%	0.12%	0.12%
	CLX	A	0.03%	0.03%	0.03%
	CMCSA	C	0.24%	0.22%	0.22%
	CME	A	0.12%	0.11%	0.11%
	CMG	D	0.12%	0.11%	0.11%
	CMI	B	0.06%	0.06%	0.06%
	CMS	A	0.03%	0.03%	0.03%
	CNC	D	0.07%	0.06%	0.06%
	CNP	D	0.03%	0.02%	0.02%
	COF	C	0.09%	0.08%	0.08%
	COP	D	0.21%	0.19%	0.19%
	COST	B	0.6%	0.56%	0.56%
	CPAY	B	0.03%	0.03%	0.03%
	CPB	A	0.01%	0.01%	0.01%
	CPRT	D	0.07%	0.07%	0.07%
	CPT	B	0.02%	0.02%	0.02%
	CRL	F	0.02%	0.01%	0.01%
	CRM	D	0.38%	0.36%	0.36%
	CRWD	F	0.09%	0.09%	0.09%
	CSCO	B	0.31%	0.29%	0.29%
	CSGP	C	0.05%	0.04%	0.04%
	CSX	D	0.1%	0.09%	0.09%
	CTAS	B	0.11%	0.1%	0.1%
	CTLT	A	0.02%	0.02%	0.02%
	CTRA	F	0.03%	0.03%	0.03%
	CTSH	B	0.06%	0.05%	0.05%
	CTVA	B	0.06%	0.06%	0.06%
	CVS	F	0.11%	0.1%	0.1%
	CVX	F	0.4%	0.36%	0.36%
	CZR	D	0.01%	0.01%	0.01%
	D	A	0.07%	0.07%	0.07%
	DAL	D	0.01%	0.04%	0.01%
	DAY	C	0.01%	0.01%	0.01%
	DD	C	0.05%	0.05%	0.05%
	DE	B	0.15%	0.14%	0.14%
	DECK	C	0.04%	0.04%	0.04%
	DFS	C	0.05%	0.05%	0.05%
	DG	F	0.03%	0.04%	0.03%
	DGX	B	0.02%	0.02%	0.02%
	DHI	B	0.08%	0.08%	0.08%
	DHR	B	0.29%	0.25%	0.25%
	DIS	F	0.25%	0.23%	0.23%
	DLR	D	0.07%	0.07%	0.07%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	B	0.02%	0.02%	0.02%
	DOV	C	0.04%	0.04%	0.04%
	DOW	D	0.06%	0.05%	0.05%
	DPZ	D	0.02%	0.02%	0.02%
	DRI	A	0.03%	0.03%	0.03%
	DTE	B	0.04%	0.04%	0.04%
	DUK	A	0.13%	0.12%	0.12%
	DVA	B	0.02%	0.01%	0.01%
	DVN	F	0.05%	0.04%	0.04%
	DXCM	F	0.04%	0.04%	0.04%
	EA	C	0.06%	0.05%	0.05%
	EBAY	A	0.05%	0.04%	0.04%
	ECL	B	0.1%	0.09%	0.09%
	ED	A	0.05%	0.05%	0.05%
	EFX	B	0.06%	0.05%	0.05%
	EG	B	0.02%	0.02%	0.02%
	EIX	A	0.05%	0.05%	0.05%
	EL	F	0.03%	0.03%	0.03%
	ELV	B	0.2%	0.18%	0.18%
	EMN	C	0.02%	0.02%	0.02%
	EMR	D	0.09%	0.08%	0.08%
	ENPH	D	0.02%	0.02%	0.02%
	EOG	D	0.11%	0.1%	0.1%
	EPAM	C	0.02%	0.02%	0.02%
	EQIX	B	0.12%	0.11%	0.11%
	EQR	B	0.04%	0.04%	0.04%
	EQT	D	0.03%	0.03%	0.03%
	ES	A	0.04%	0.03%	0.03%
	ESS	B	0.03%	0.03%	0.03%
	ETN	D	0.18%	0.17%	0.17%
	ETR	A	0.04%	0.04%	0.04%
	ETSY	F	0.01%	0.01%	0.01%
	EVRG	A	0.02%	0.02%	0.02%
	EW	F	0.07%	0.06%	0.06%
	EXC	A	0.06%	0.05%	0.05%
	EXPD	D	0.03%	0.02%	0.02%
	EXPE	C	0.03%	0.03%	0.03%
	EXR	B	0.06%	0.05%	0.05%
	F	D	0.07%	0.06%	0.06%
	FANG	D	0.05%	0.05%	0.05%
	FAST	D	0.06%	0.05%	0.05%
	FCX	D	0.1%	0.09%	0.09%
	FDS	C	0.02%	0.02%	0.02%
	FDX	D	0.11%	0.1%	0.1%
	FE	A	0.04%	0.03%	0.03%
	FFIV	B	0.02%	0.02%	0.02%
	FICO	A	0.07%	0.06%	0.06%
	FIS	A	0.08%	0.06%	0.06%
	FITB	B	0.04%	0.04%	0.04%
	FOX	B	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.01%	0.01%
	FSLR	C	0.03%	0.03%	0.03%
	FTNT	B	0.07%	0.07%	0.07%
	FTV	D	0.04%	0.04%	0.04%
	GD	B	0.1%	0.1%	0.1%
	GDDY	C	0.03%	0.03%	0.03%
	GE	C	0.29%	0.27%	0.27%
	GEHC	B	0.05%	0.05%	0.05%
	GEV	A	0.08%	0.07%	0.07%
	GILD	A	0.15%	0.14%	0.14%
	GIS	A	0.06%	0.06%	0.06%
	GLW	C	0.05%	0.05%	0.05%
	GM	B	0.09%	0.08%	0.08%
	GOOG	D	1.28%	1.14%	1.14%
	GOOGL	D	1.46%	1.36%	1.36%
	GPC	D	0.03%	0.03%	0.03%
	GPN	C	0.04%	0.04%	0.04%
	GRMN	B	0.04%	0.04%	0.04%
	GS	C	0.26%	0.23%	0.23%
	GWW	C	0.07%	0.06%	0.06%
	HAL	F	0.04%	0.04%	0.04%
	HBAN	B	0.03%	0.03%	0.03%
	HCA	B	0.12%	0.11%	0.11%
	HD	B	0.56%	0.52%	0.52%
	HES	F	0.06%	0.05%	0.05%
	HIG	B	0.06%	0.05%	0.05%
	HII	B	0.01%	0.02%	0.01%
	HLT	C	0.09%	0.08%	0.08%
	HOLX	A	0.03%	0.03%	0.03%
	HON	D	0.21%	0.19%	0.19%
	HPE	D	0.04%	0.04%	0.04%
	HPQ	D	0.05%	0.04%	0.04%
	HRL	A	0.02%	0.01%	0.01%
	HSIC	C	0.01%	0.01%	0.01%
	HST	D	0.02%	0.02%	0.02%
	HSY	A	0.04%	0.04%	0.04%
	HUBB	C	0.03%	0.03%	0.03%
	HUM	D	0.07%	0.06%	0.06%
	HWM	B	0.06%	0.05%	0.05%
	IBM	A	0.28%	0.26%	0.26%
	ICE	A	0.14%	0.13%	0.13%
	IDXX	D	0.06%	0.06%	0.06%
	IEX	D	0.03%	0.02%	0.02%
	IFF	A	0.04%	0.04%	0.04%
	INCY	C	0.02%	0.01%	0.01%
	INTC	F	0.13%	0.12%	0.12%
	INTU	D	0.27%	0.25%	0.25%
	INVH	B	0.03%	0.03%	0.03%
	IP	B	0.03%	0.02%	0.02%
	IPG	B	0.02%	0.02%	0.02%
	IQV	B	0.07%	0.06%	0.06%
	IR	D	0.06%	0.05%	0.05%
	IRM	B	0.05%	0.05%	0.05%
	ISRG	B	0.27%	0.24%	0.24%
	IT	B	0.06%	0.05%	0.05%
	ITW	C	0.12%	0.1%	0.1%
	J	C	0.03%	0.03%	0.03%
	JBHT	C	0.02%	0.02%	0.02%
	JBL	F	0.02%	0.02%	0.02%
	JCI	C	0.07%	0.07%	0.07%
	JKHY	B	0.02%	0.02%	0.02%
	JNJ	B	0.61%	0.56%	0.56%
	JNPR	A	0.02%	0.02%	0.02%
	JPM	B	0.98%	0.9%	0.9%
	K	A	0.03%	0.03%	0.03%
	KDP	A	0.06%	0.05%	0.05%
	KEY	B	0.03%	0.02%	0.02%
	KEYS	C	0.04%	0.04%	0.04%
	KHC	A	0.05%	0.04%	0.04%
	KIM	A	0.02%	0.02%	0.02%
	KKR	B	0.12%	0.11%	0.11%
	KLAC	D	0.17%	0.15%	0.15%
	KMB	A	0.07%	0.07%	0.07%
	KMI	B	0.07%	0.06%	0.06%
	KMX	C	0.02%	0.02%	0.02%
	KO	B	0.45%	0.39%	0.39%
	KR	C	0.06%	0.05%	0.05%
	KVUE	A	0.06%	0.06%	0.06%
	L	B	0.02%	0.02%	0.02%
	LDOS	B	0.03%	0.03%	0.03%
	LEN	B	0.07%	0.06%	0.06%
	LHX	C	0.07%	0.06%	0.06%
	LIN	B	0.35%	0.32%	0.32%
	LKQ	D	0.01%	0.02%	0.01%
	LLY	B	1.17%	1.08%	1.08%
	LMT	A	0.19%	0.17%	0.17%
	LNT	A	0.02%	0.02%	0.02%
	LOW	B	0.22%	0.2%	0.2%
	LRCX	F	0.16%	0.15%	0.15%
	LULU	F	0.05%	0.04%	0.04%
	LUV	A	0.01%	0.02%	0.01%
	LVS	D	0.02%	0.02%	0.02%
	LW	D	0.01%	0.01%	0.01%
	LYB	D	0.04%	0.04%	0.04%
	LYV	D	0.03%	0.02%	0.02%
	MA	B	0.62%	0.55%	0.55%
	MAA	B	0.03%	0.03%	0.03%
	MAR	D	0.09%	0.08%	0.08%
	MAS	B	0.03%	0.02%	0.02%
	MCD	A	0.32%	0.29%	0.29%
	MCHP	D	0.07%	0.06%	0.06%
	MCK	D	0.11%	0.1%	0.1%
	MCO	B	0.12%	0.11%	0.11%
	MDLZ	A	0.15%	0.14%	0.14%
	MDT	A	0.18%	0.17%	0.17%
	MET	B	0.07%	0.06%	0.06%
	META	C	1.74%	1.61%	1.61%
	MGM	F	0.02%	0.01%	0.01%
	MKC	A	0.03%	0.03%	0.03%
	MKTX	A	0.01%	0.01%	0.01%
	MLM	D	0.05%	0.04%	0.04%
	MMC	A	0.17%	0.16%	0.16%
	MMM	B	0.11%	0.1%	0.1%
	MNST	D	0.06%	0.05%	0.05%
	MO	A	0.15%	0.13%	0.13%
	MOH	C	0.03%	0.03%	0.03%
	MOS	F	0.01%	0.01%	0.01%
	MPC	D	0.1%	0.08%	0.08%
	MPWR	C	0.08%	0.07%	0.07%
	MRK	D	0.46%	0.42%	0.42%
	MRNA	F	0.04%	0.04%	0.04%
	MRO	C	0.03%	0.02%	0.02%
	MS	C	0.2%	0.18%	0.18%
	MSCI	B	0.07%	0.07%	0.07%
	MSFT	D	4.48%	4.33%	4.33%
	MSI	B	0.11%	0.1%	0.1%
	MTB	B	0.04%	0.04%	0.04%
	MTCH	B	0.02%	0.01%	0.01%
	MTD	C	0.05%	0.04%	0.04%
	MU	F	0.17%	0.15%	0.15%
	NDAQ	A	0.05%	0.04%	0.04%
	NDSN	C	0.02%	0.02%	0.02%
	NEE	A	0.25%	0.23%	0.23%
	NEM	B	0.09%	0.08%	0.08%
	NFLX	B	0.46%	0.42%	0.42%
	NI	A	0.02%	0.02%	0.02%
	NKE	C	0.16%	0.14%	0.14%
	NOC	B	0.12%	0.1%	0.1%
	NOW	B	0.26%	0.24%	0.24%
	NRG	C	0.03%	0.02%	0.02%
	NSC	B	0.09%	0.08%	0.08%
	NTAP	D	0.04%	0.04%	0.04%
	NTRS	B	0.03%	0.03%	0.03%
	NUE	F	0.06%	0.05%	0.05%
	NVDA	D	4.51%	4.38%	4.38%
	NVR	B	0.05%	0.05%	0.05%
	NWSA	C	0.02%	0.02%	0.02%
	NXPI	D	0.1%	0.09%	0.09%
	O	A	0.08%	0.08%	0.08%
	ODFL	D	0.06%	0.05%	0.05%
	OKE	A	0.09%	0.07%	0.07%
	OMC	B	0.03%	0.03%	0.03%
	ON	D	0.05%	0.05%	0.05%
	ORCL	A	0.35%	0.31%	0.31%
	ORLY	B	0.11%	0.1%	0.1%
	OTIS	D	0.06%	0.05%	0.05%
	OXY	F	0.06%	0.05%	0.05%
	PANW	B	0.18%	0.16%	0.16%
	PARA	F	0.01%	0.01%	0.01%
	PAYC	D	0.01%	0.01%	0.01%
	PAYX	B	0.06%	0.06%	0.06%
	PCAR	D	0.08%	0.07%	0.07%
	PCG	A	0.06%	0.06%	0.06%
	PEG	B	0.06%	0.06%	0.06%
	PEP	A	0.37%	0.34%	0.34%
	PFE	D	0.25%	0.23%	0.23%
	PFG	D	0.03%	0.02%	0.02%
	PG	A	0.61%	0.57%	0.57%
	PGR	A	0.22%	0.21%	0.21%
	PH	B	0.12%	0.11%	0.11%
	PHM	B	0.04%	0.04%	0.04%
	PKG	B	0.03%	0.03%	0.03%
	PLD	B	0.18%	0.17%	0.17%
	PM	A	0.29%	0.27%	0.27%
	PNC	B	0.11%	0.1%	0.1%
	PNR	B	0.02%	0.02%	0.02%
	PODD	A	0.02%	0.02%	0.02%
	POOL	C	0.02%	0.02%	0.02%
	PPG	D	0.04%	0.04%	0.04%
	PPL	A	0.04%	0.03%	0.03%
	PRU	C	0.07%	0.06%	0.06%
	PSA	A	0.08%	0.08%	0.08%
	PSX	D	0.09%	0.08%	0.08%
	PTC	D	0.03%	0.03%	0.03%
	PWR	C	0.06%	0.06%	0.06%
	PYPL	B	0.11%	0.1%	0.1%
	QCOM	F	0.29%	0.27%	0.27%
	QRVO	D	0.02%	0.02%	0.02%
	RCL	C	0.06%	0.06%	0.06%
	REG	A	0.02%	0.02%	0.02%
	REGN	B	0.2%	0.18%	0.18%
	RF	B	0.04%	0.03%	0.03%
	RJF	D	0.03%	0.03%	0.03%
	RMD	A	0.05%	0.05%	0.05%
	ROK	D	0.05%	0.04%	0.04%
	ROL	B	0.02%	0.02%	0.02%
	ROP	C	0.09%	0.08%	0.08%
	ROST	B	0.08%	0.07%	0.07%
	RSG	B	0.07%	0.06%	0.06%
	RTX	B	0.25%	0.23%	0.23%
	SBAC	A	0.04%	0.03%	0.03%
	SBUX	B	0.16%	0.15%	0.15%
	SCHW	D	0.15%	0.14%	0.14%
	SHW	B	0.13%	0.12%	0.12%
	SJM	A	0.02%	0.02%	0.02%
	SLB	F	0.1%	0.09%	0.09%
	SMCI	F	0.03%	0.03%	0.03%
	SNA	D	0.02%	0.02%	0.02%
	SNPS	D	0.12%	0.11%	0.11%
	SO	A	0.14%	0.13%	0.13%
	SOLV	B	0.01%	0.01%	0.01%
	SPG	B	0.09%	0.08%	0.08%
	SPGI	A	0.25%	0.23%	0.23%
	SRE	B	0.08%	0.07%	0.07%
	STE	A	0.03%	0.03%	0.03%
	STLD	D	0.03%	0.02%	0.02%
	STT	B	0.04%	0.04%	0.04%
	STX	D	0.03%	0.03%	0.03%
	STZ	B	0.06%	0.05%	0.05%
	SW	D	0.03%	0.03%	0.03%
	SWK	B	0.03%	0.02%	0.02%
	SWKS	D	0.03%	0.02%	0.02%
	SYF	C	0.03%	0.03%	0.03%
	SYK	A	0.19%	0.17%	0.17%
	SYY	A	0.06%	0.05%	0.05%
	T	A	0.21%	0.2%	0.2%
	TAP	C	0.01%	0.01%	0.01%
	TDG	B	0.11%	0.11%	0.11%
	TDY	B	0.03%	0.03%	0.03%
	TECH	D	0.02%	0.02%	0.02%
	TEL	C	0.07%	0.07%	0.07%
	TER	D	0.03%	0.03%	0.03%
	TFC	B	0.09%	0.08%	0.08%
	TFX	A	0.02%	0.02%	0.02%
	TGT	B	0.11%	0.1%	0.1%
	TJX	B	0.21%	0.19%	0.19%
	TMO	A	0.36%	0.33%	0.33%
	TMUS	B	0.17%	0.15%	0.15%
	TRGP	A	0.05%	0.05%	0.05%
	TRMB	D	0.02%	0.02%	0.02%
	TROW	D	0.04%	0.03%	0.03%
	TRV	A	0.08%	0.07%	0.07%
	TSCO	B	0.04%	0.04%	0.04%
	TSLA	D	0.9%	0.81%	0.81%
	TSN	A	0.03%	0.03%	0.03%
	TT	B	0.12%	0.11%	0.11%
	TTWO	B	0.04%	0.04%	0.04%
	TXN	C	0.29%	0.27%	0.27%
	TXT	D	0.03%	0.02%	0.02%
	TYL	A	0.04%	0.03%	0.03%
	UBER	B	0.21%	0.21%	0.21%
	UDR	B	0.02%	0.02%	0.02%
	UHS	B	0.02%	0.02%	0.02%
	ULTA	D	0.03%	0.03%	0.03%
	UNH	A	0.84%	0.77%	0.77%
	UNP	B	0.24%	0.22%	0.22%
	UPS	F	0.14%	0.13%	0.13%
	URI	C	0.08%	0.07%	0.07%
	USB	B	0.11%	0.1%	0.1%
	V	A	0.67%	0.6%	0.6%
	VICI	A	0.06%	0.05%	0.05%
	VLO	D	0.07%	0.07%	0.07%
	VLTO	B	0.04%	0.03%	0.03%
	VMC	D	0.05%	0.04%	0.04%
	VRSK	C	0.06%	0.05%	0.05%
	VRSN	C	0.03%	0.02%	0.02%
	VRTX	D	0.2%	0.18%	0.18%
	VST	C	0.05%	0.04%	0.04%
	VTR	A	0.04%	0.04%	0.04%
	VTRS	C	0.02%	0.02%	0.02%
	VZ	B	0.26%	0.25%	0.25%
	WAB	B	0.04%	0.04%	0.04%
	WAT	B	0.03%	0.03%	0.03%
	WBA	F	0.01%	0.01%	0.01%
	WBD	D	0.03%	0.03%	0.03%
	WDC	D	0.03%	0.03%	0.03%
	WEC	A	0.04%	0.04%	0.04%
	WELL	A	0.1%	0.1%	0.1%
	WFC	D	0.31%	0.28%	0.28%
	WM	D	0.13%	0.11%	0.11%
	WMB	B	0.09%	0.08%	0.08%
	WMT	A	0.52%	0.46%	0.46%
	WRB	B	0.03%	0.03%	0.03%
	WST	D	0.03%	0.03%	0.03%
	WTW	A	0.05%	0.04%	0.04%
	WY	C	0.03%	0.03%	0.03%
	WYNN	D	0.01%	0.01%	0.01%
	XEL	A	0.05%	0.05%	0.05%
	XOM	C	0.81%	0.74%	0.74%
	XYL	D	0.05%	0.05%	0.05%
	YUM	B	0.06%	0.05%	0.05%
	ZBH	D	0.04%	0.03%	0.03%
	ZBRA	C	0.02%	0.02%	0.02%
	ZTS	A	0.13%	0.12%	0.12%

KOKU Overweight 137 Positions Relative to SSO

	Symbol	Grade	Weight
	NVS	B	0.36%
	UL	A	0.25%
	TD	A	0.16%
	MELI	B	0.14%
	SHOP	C	0.13%
	DEO	C	0.11%
	CNI	D	0.1%
	PLTR	B	0.09%
	MRVL	D	0.09%
	LYG	C	0.08%
	WDAY	C	0.08%
	BCS	B	0.07%
	APO	D	0.07%
	LNG	B	0.07%
	TTD	B	0.07%
	WCN	B	0.07%
	STLA	F	0.06%
	E	D	0.06%
	SNOW	F	0.06%
	GOLD	C	0.06%
	FLUT	A	0.06%
	DASH	B	0.06%
	DDOG	D	0.05%
	ALNY	C	0.05%
	VEEV	A	0.05%
	COIN	F	0.05%
	SQ	D	0.05%
	NET	F	0.04%
	HUBS	F	0.04%
	TEAM	F	0.04%
	SE	B	0.04%
	VRT	F	0.04%
	DELL	F	0.04%
	ARES	C	0.04%
	EQH	C	0.03%
	EME	C	0.03%
	LII	C	0.03%
	ENTG	D	0.03%
	MDB	C	0.03%
	LPLA	D	0.03%
	ZM	B	0.03%
	SSNC	B	0.03%
	FCNCA	C	0.03%
	CHKP	B	0.03%
	RBLX	B	0.03%
	TPL	C	0.03%
	BAH	B	0.03%
	ZS	F	0.03%
	AER	C	0.03%
	TRU	B	0.03%
	CSL	C	0.03%
	PINS	F	0.03%
	MKL	C	0.03%
	TEVA	B	0.03%
	MSTR	F	0.03%
	ILMN	B	0.03%
	QGEN	B	0.02%
	MNDY	C	0.02%
	TWLO	D	0.02%
	HEI	B	0.02%
	OVV	F	0.02%
	EXAS	B	0.02%
	DOCU	A	0.02%
	CCK	A	0.02%
	AMH	A	0.02%
	OKTA	F	0.02%
	NBIX	D	0.02%
	CYBR	C	0.02%
	WTRG	D	0.02%
	TW	B	0.02%
	RPRX	B	0.02%
	GGG	D	0.02%
	ALLY	C	0.02%
	DKS	C	0.02%
	WPC	A	0.02%
	ELS	A	0.02%
	WSO	D	0.02%
	DKNG	D	0.02%
	XRX	D	0.02%
	LOGI	D	0.02%
	FNF	B	0.02%
	RPM	A	0.02%
	DT	A	0.02%
	ERIE	A	0.02%
	RS	D	0.02%
	APP	B	0.02%
	RBA	B	0.02%
	GLPI	A	0.02%
	HEI	B	0.02%
	CCEP	A	0.02%
	AVTR	B	0.02%
	SUI	A	0.02%
	PSTG	F	0.02%
	OC	D	0.02%
	WSM	D	0.02%
	UTHR	B	0.02%
	BURL	B	0.02%
	ACM	B	0.02%
	MANH	B	0.02%
	BMRN	D	0.02%
	CFLT	F	0.01%
	WFG	B	0.01%
	FUTU	F	0.01%
	U	D	0.01%
	PATH	D	0.01%
	WLK	D	0.01%
	H	C	0.01%
	PCTY	C	0.01%
	CELH	F	0.01%
	UHAL	B	0.01%
	LSCC	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%
	TOST	D	0.01%
	HOOD	D	0.01%
	RIVN	F	0.01%
	TTC	D	0.01%
	CHRD	F	0.01%
	AFG	A	0.01%
	CNH	C	0.01%
	WIX	C	0.01%
	SNAP	F	0.01%
	DOOO	D	0.0%
	GLBE	D	0.0%

KOKU Underweight 15 Positions Relative to SSO

	Symbol	Grade	Weight
	UAL	C	-0.02%
	RL	A	-0.01%
	AAL	C	-0.01%
	IVZ	C	-0.01%
	BWA	D	-0.01%
	NCLH	D	-0.01%
	MHK	B	-0.01%
	FMC	C	-0.01%
	FRT	A	-0.01%
	GL	B	-0.01%
	HAS	B	-0.01%
	TPR	B	-0.01%
	GNRC	C	-0.01%
	PNW	A	-0.01%
	NWS	C	-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

SSO: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Semiconductors Business Services Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Specialty Retail Medical Devices Medical Instruments & Supplies Credit Services Health Care Plans Household & Personal Products Information Technology Services

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