KOKU vs. SSPY ETF Comparison

Comparison of Xtrackers MSCI Kokusai Equity ETF (KOKU) to Syntax Stratified LargeCap ETF (SSPY)

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

$99.41

Average Daily Volume

1,530

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$79.63

Average Daily Volume

2,750

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	KOKU	SSPY
30 Days	0.77%	1.36%
60 Days	2.20%	3.29%
90 Days	4.38%	5.51%
12 Months	28.19%	22.36%

480 Overlapping Holdings

Symbol	Grade	Weight in KOKU	Weight in SSPY	Overlap
A	C	0.06%	0.15%	0.06%
AAPL	C	4.98%	0.5%	0.5%
ABBV	C	0.53%	0.28%	0.28%
ABBV	C	0.14%	0.28%	0.14%
ABNB	D	0.08%	0.09%	0.08%
ABT	C	0.31%	0.07%	0.07%
ACGL	B	0.06%	0.16%	0.06%
ACN	C	0.34%	0.16%	0.16%
ADBE	F	0.37%	0.16%	0.16%
ADI	C	0.17%	0.21%	0.17%
ADM	D	0.05%	0.37%	0.05%
ADP	B	0.18%	0.25%	0.18%
ADSK	C	0.09%	0.19%	0.09%
AEE	A	0.03%	0.09%	0.03%
AEP	C	0.08%	0.29%	0.08%
AES	C	0.02%	0.29%	0.02%
AFL	C	0.09%	0.25%	0.09%
AIG	D	0.07%	0.24%	0.07%
AIZ	B	0.02%	0.28%	0.02%
AJG	D	0.1%	0.04%	0.04%
AKAM	D	0.02%	0.29%	0.02%
ALB	F	0.01%	0.04%	0.01%
ALGN	D	0.03%	0.1%	0.03%
ALL	B	0.08%	0.3%	0.08%
ALLE	C	0.02%	0.09%	0.02%
AMAT	D	0.24%	0.13%	0.13%
AMCR	C	0.02%	0.14%	0.02%
AMD	D	0.38%	0.12%	0.12%
AME	C	0.06%	0.12%	0.06%
AMGN	B	0.28%	0.28%	0.28%
AMP	B	0.07%	0.09%	0.07%
AMT	C	0.17%	0.08%	0.08%
AMZN	C	2.68%	0.14%	0.14%
ANET	A	0.15%	0.21%	0.15%
ANSS	D	0.04%	0.16%	0.04%
AON	B	0.11%	0.04%	0.04%
AOS	D	0.02%	0.18%	0.02%
APA	F	0.01%	0.06%	0.01%
APD	B	0.1%	0.05%	0.05%
APH	C	0.12%	0.17%	0.12%
APTV	D	0.03%	0.36%	0.03%
ARE	C	0.03%	0.12%	0.03%
ATO	B	0.03%	0.39%	0.03%
AVB	C	0.06%	0.13%	0.06%
AVGO	C	1.14%	0.21%	0.21%
AVY	D	0.03%	0.06%	0.03%
AWK	C	0.04%	0.37%	0.04%
AXON	A	0.04%	0.11%	0.04%
AXP	B	0.23%	0.05%	0.05%
AZO	D	0.09%	0.15%	0.09%
BA	F	0.14%	0.14%	0.14%
BAC	D	0.42%	0.12%	0.12%
BALL	C	0.03%	0.12%	0.03%
BAX	C	0.03%	0.06%	0.03%
BBWI	F	0.01%	0.11%	0.01%
BBY	C	0.03%	0.18%	0.03%
BDX	F	0.11%	0.05%	0.05%
BEN	F	0.01%	0.07%	0.01%
BG	D	0.02%	0.35%	0.02%
BIIB	F	0.04%	0.21%	0.04%
BIO	C	0.01%	0.09%	0.01%
BK	A	0.08%	0.13%	0.08%
BKNG	B	0.2%	0.12%	0.12%
BKR	C	0.05%	0.36%	0.05%
BLDR	C	0.03%	0.23%	0.03%
BLK	B	0.2%	0.09%	0.09%
BMY	C	0.16%	0.3%	0.16%
BR	D	0.04%	0.12%	0.04%
BRK.A	C	0.91%	0.54%	0.54%
BRO	C	0.04%	0.04%	0.04%
BSX	B	0.19%	0.07%	0.07%
BX	B	0.16%	0.1%	0.1%
BXP	B	0.02%	0.14%	0.02%
C	D	0.17%	0.12%	0.12%
CAG	C	0.02%	0.24%	0.02%
CAH	C	0.04%	0.22%	0.04%
CARR	B	0.1%	0.09%	0.09%
CAT	B	0.26%	0.13%	0.13%
CB	B	0.18%	0.16%	0.16%
CBOE	C	0.03%	0.05%	0.03%
CBRE	A	0.05%	0.05%	0.05%
CCI	C	0.08%	0.08%	0.08%
CCL	C	0.03%	0.09%	0.03%
CDNS	D	0.11%	0.28%	0.11%
CDW	D	0.04%	0.12%	0.04%
CE	F	0.02%	0.06%	0.02%
CEG	A	0.1%	0.27%	0.1%
CF	C	0.02%	0.09%	0.02%
CFG	C	0.03%	0.06%	0.03%
CHD	C	0.04%	0.41%	0.04%
CHRW	A	0.02%	0.1%	0.02%
CHTR	D	0.05%	0.61%	0.05%
CI	C	0.15%	0.21%	0.15%
CINF	C	0.03%	0.17%	0.03%
CL	C	0.13%	0.47%	0.13%
CLX	C	0.03%	0.52%	0.03%
CMCSA	D	0.24%	0.51%	0.24%
CME	C	0.12%	0.05%	0.05%
CMG	C	0.12%	0.44%	0.12%
CMI	C	0.06%	0.08%	0.06%
CMS	B	0.03%	0.09%	0.03%
CNC	C	0.06%	0.29%	0.06%
CNP	D	0.03%	0.22%	0.03%
COF	A	0.09%	0.68%	0.09%
COP	D	0.19%	0.07%	0.07%
COST	B	0.62%	0.77%	0.62%
CPAY	C	0.03%	0.05%	0.03%
CPB	B	0.01%	0.24%	0.01%
CPRT	D	0.07%	0.2%	0.07%
CPT	B	0.02%	0.12%	0.02%
CRL	F	0.02%	0.14%	0.02%
CRM	D	0.38%	0.36%	0.36%
CRWD	D	0.09%	0.11%	0.09%
CSCO	B	0.31%	0.22%	0.22%
CSGP	D	0.05%	0.04%	0.04%
CSX	D	0.1%	0.09%	0.09%
CTAS	C	0.12%	0.22%	0.12%
CTLT	B	0.01%	0.26%	0.01%
CTRA	D	0.03%	0.14%	0.03%
CTSH	C	0.06%	0.16%	0.06%
CTVA	B	0.06%	0.09%	0.06%
CVS	F	0.11%	0.63%	0.11%
CVX	D	0.38%	0.68%	0.38%
D	B	0.07%	0.28%	0.07%
DAL	C	0.01%	0.17%	0.01%
DAY	D	0.01%	0.26%	0.01%
DD	B	0.05%	0.05%	0.05%
DE	B	0.16%	0.13%	0.13%
DECK	D	0.04%	0.27%	0.04%
DFS	B	0.05%	0.71%	0.05%
DG	F	0.03%	0.11%	0.03%
DGX	C	0.02%	0.18%	0.02%
DHI	C	0.09%	0.33%	0.09%
DHR	C	0.29%	0.09%	0.09%
DIS	D	0.25%	0.18%	0.18%
DLR	B	0.08%	0.28%	0.08%
DLTR	F	0.02%	0.11%	0.02%
DOC	C	0.02%	0.12%	0.02%
DOV	B	0.04%	0.17%	0.04%
DOW	D	0.05%	0.06%	0.05%
DPZ	D	0.02%	0.38%	0.02%
DRI	B	0.03%	0.52%	0.03%
DTE	B	0.04%	0.27%	0.04%
DUK	B	0.14%	0.09%	0.09%
DVA	B	0.02%	0.13%	0.02%
DVN	D	0.04%	0.14%	0.04%
DXCM	F	0.04%	0.06%	0.04%
EA	D	0.06%	0.52%	0.06%
EBAY	B	0.05%	0.18%	0.05%
ECL	A	0.1%	0.05%	0.05%
ED	C	0.06%	0.28%	0.06%
EFX	C	0.06%	0.05%	0.05%
EG	C	0.02%	0.15%	0.02%
EIX	C	0.05%	0.29%	0.05%
EL	F	0.03%	0.31%	0.03%
ELV	C	0.2%	0.27%	0.2%
EMN	B	0.02%	0.05%	0.02%
EMR	D	0.09%	0.03%	0.03%
ENPH	D	0.02%	0.22%	0.02%
EOG	D	0.1%	0.07%	0.07%
EPAM	F	0.02%	0.15%	0.02%
EQIX	B	0.12%	0.3%	0.12%
EQR	C	0.04%	0.13%	0.04%
EQT	D	0.03%	0.14%	0.03%
ES	C	0.04%	0.09%	0.04%
ESS	C	0.03%	0.12%	0.03%
ETN	C	0.18%	0.23%	0.18%
ETR	A	0.05%	0.29%	0.05%
EVRG	B	0.02%	0.09%	0.02%
EW	F	0.06%	0.05%	0.05%
EXC	B	0.06%	0.33%	0.06%
EXPD	C	0.03%	0.08%	0.03%
EXPE	C	0.03%	0.12%	0.03%
EXR	B	0.06%	0.12%	0.06%
F	F	0.06%	0.22%	0.06%
FANG	D	0.04%	0.07%	0.04%
FAST	C	0.06%	0.14%	0.06%
FCX	D	0.1%	0.22%	0.1%
FDS	C	0.03%	0.04%	0.03%
FDX	F	0.1%	0.1%	0.1%
FE	C	0.04%	0.28%	0.04%
FFIV	B	0.02%	0.25%	0.02%
FICO	B	0.08%	0.06%	0.06%
FIS	B	0.07%	0.06%	0.06%
FITB	B	0.04%	0.07%	0.04%
FOX	B	0.01%	0.12%	0.01%
FOXA	B	0.02%	0.12%	0.02%
FSLR	C	0.03%	0.16%	0.03%
FTNT	B	0.07%	0.2%	0.07%
FTV	C	0.04%	0.03%	0.03%
GD	B	0.11%	0.17%	0.11%
GDDY	C	0.03%	0.28%	0.03%
GE	A	0.3%	0.19%	0.19%
GEHC	C	0.05%	0.09%	0.05%
GEV	B	0.09%	0.22%	0.09%
GILD	B	0.16%	0.31%	0.16%
GIS	B	0.07%	0.24%	0.07%
GLW	B	0.05%	0.21%	0.05%
GM	B	0.08%	0.24%	0.08%
GOOG	D	1.23%	0.19%	0.19%
GOOGL	D	1.42%	0.19%	0.19%
GPC	D	0.03%	0.15%	0.03%
GPN	D	0.04%	0.05%	0.04%
GRMN	D	0.04%	0.35%	0.04%
GS	C	0.24%	0.27%	0.24%
GWW	A	0.07%	0.14%	0.07%
HAL	F	0.04%	0.28%	0.04%
HBAN	B	0.03%	0.06%	0.03%
HCA	A	0.12%	0.39%	0.12%
HD	A	0.58%	0.27%	0.27%
HES	D	0.05%	0.06%	0.05%
HIG	B	0.06%	0.16%	0.06%
HII	D	0.01%	0.09%	0.01%
HLT	B	0.09%	0.11%	0.09%
HOLX	C	0.03%	0.09%	0.03%
HON	D	0.21%	0.16%	0.16%
HPE	D	0.03%	0.16%	0.03%
HPQ	D	0.05%	0.31%	0.05%
HRL	D	0.02%	0.39%	0.02%
HSIC	D	0.01%	0.21%	0.01%
HST	C	0.02%	0.11%	0.02%
HSY	D	0.04%	0.2%	0.04%
HUBB	A	0.03%	0.27%	0.03%
HUM	F	0.06%	0.23%	0.06%
HWM	B	0.06%	0.09%	0.06%
IBM	A	0.31%	0.42%	0.31%
ICE	C	0.14%	0.05%	0.05%
IDXX	D	0.07%	0.09%	0.07%
IEX	D	0.02%	0.19%	0.02%
IFF	C	0.04%	0.05%	0.04%
INCY	C	0.02%	0.26%	0.02%
INTC	F	0.13%	0.09%	0.09%
INTU	C	0.28%	0.24%	0.24%
INVH	C	0.03%	0.11%	0.03%
IP	C	0.03%	0.07%	0.03%
IPG	C	0.02%	0.34%	0.02%
IQV	D	0.06%	0.16%	0.06%
IR	C	0.06%	0.18%	0.06%
IRM	B	0.05%	0.09%	0.05%
ISRG	C	0.27%	0.14%	0.14%
IT	A	0.06%	0.15%	0.06%
ITW	C	0.12%	0.18%	0.12%
J	C	0.03%	0.38%	0.03%
JBHT	D	0.02%	0.09%	0.02%
JBL	D	0.02%	0.29%	0.02%
JCI	B	0.07%	0.08%	0.07%
JKHY	C	0.02%	0.06%	0.02%
JNJ	C	0.61%	0.28%	0.28%
JNPR	A	0.02%	0.21%	0.02%
JPM	D	0.9%	0.13%	0.13%
K	A	0.03%	0.26%	0.03%
KDP	B	0.06%	0.27%	0.06%
KEY	B	0.02%	0.07%	0.02%
KEYS	C	0.04%	0.21%	0.04%
KHC	C	0.05%	0.23%	0.05%
KIM	C	0.02%	0.08%	0.02%
KKR	A	0.12%	0.09%	0.09%
KLAC	D	0.16%	0.14%	0.14%
KMB	D	0.07%	0.43%	0.07%
KMI	A	0.07%	0.27%	0.07%
KMX	D	0.02%	0.17%	0.02%
KO	B	0.45%	0.28%	0.28%
KR	C	0.06%	0.82%	0.06%
KVUE	C	0.07%	0.54%	0.07%
L	D	0.02%	0.52%	0.02%
LDOS	B	0.03%	0.14%	0.03%
LEN	C	0.07%	0.29%	0.07%
LHX	C	0.07%	0.09%	0.07%
LIN	B	0.35%	0.05%	0.05%
LKQ	F	0.01%	0.15%	0.01%
LLY	C	1.14%	0.26%	0.26%
LMT	B	0.19%	0.1%	0.1%
LNT	B	0.02%	0.09%	0.02%
LOW	A	0.22%	0.28%	0.22%
LRCX	F	0.16%	0.12%	0.12%
LULU	D	0.05%	0.25%	0.05%
LUV	C	0.01%	0.18%	0.01%
LVS	D	0.02%	0.06%	0.02%
LW	D	0.01%	0.16%	0.01%
LYB	F	0.03%	0.07%	0.03%
LYV	B	0.03%	0.09%	0.03%
MA	B	0.63%	0.05%	0.05%
MAA	C	0.03%	0.13%	0.03%
MAR	C	0.09%	0.11%	0.09%
MAS	B	0.03%	0.21%	0.03%
MCD	B	0.33%	0.57%	0.33%
MCHP	D	0.06%	0.11%	0.06%
MCK	F	0.11%	0.17%	0.11%
MCO	A	0.12%	0.05%	0.05%
MDLZ	C	0.15%	0.21%	0.15%
MDT	C	0.19%	0.07%	0.07%
MET	A	0.07%	0.22%	0.07%
META	A	1.76%	0.46%	0.46%
MGM	D	0.02%	0.06%	0.02%
MKC	C	0.03%	0.26%	0.03%
MKTX	C	0.01%	0.06%	0.01%
MLM	D	0.05%	0.15%	0.05%
MMC	C	0.17%	0.04%	0.04%
MMM	A	0.11%	0.22%	0.11%
MNST	D	0.06%	0.26%	0.06%
MO	C	0.14%	0.43%	0.14%
MOH	D	0.03%	0.3%	0.03%
MOS	F	0.01%	0.08%	0.01%
MPC	D	0.09%	0.46%	0.09%
MPWR	C	0.07%	0.24%	0.07%
MRK	D	0.45%	0.22%	0.22%
MRNA	F	0.03%	0.12%	0.03%
MRO	C	0.03%	0.07%	0.03%
MS	C	0.19%	0.26%	0.19%
MSCI	C	0.07%	0.05%	0.05%
MSFT	C	4.67%	0.32%	0.32%
MSI	B	0.11%	0.58%	0.11%
MTB	A	0.04%	0.07%	0.04%
MTCH	C	0.01%	0.48%	0.01%
MTD	D	0.05%	0.13%	0.05%
MU	F	0.16%	0.08%	0.08%
NDAQ	A	0.05%	0.05%	0.05%
NDSN	C	0.02%	0.03%	0.02%
NEE	C	0.26%	0.28%	0.26%
NEM	B	0.09%	0.32%	0.09%
NFLX	B	0.46%	0.22%	0.22%
NI	B	0.02%	0.4%	0.02%
NKE	D	0.15%	0.25%	0.15%
NOC	A	0.12%	0.1%	0.1%
NOW	A	0.27%	0.4%	0.27%
NRG	A	0.03%	0.3%	0.03%
NSC	C	0.08%	0.09%	0.08%
NTAP	D	0.04%	0.18%	0.04%
NTRS	B	0.03%	0.09%	0.03%
NUE	F	0.05%	0.22%	0.05%
NVDA	D	4.51%	0.11%	0.11%
NVR	B	0.05%	0.3%	0.05%
NWSA	D	0.02%	0.09%	0.02%
NXPI	D	0.09%	0.18%	0.09%
O	C	0.08%	0.08%	0.08%
ODFL	D	0.06%	0.09%	0.06%
OKE	B	0.09%	0.29%	0.09%
OMC	B	0.03%	0.37%	0.03%
ON	F	0.05%	0.21%	0.05%
ORCL	B	0.41%	0.4%	0.4%
ORLY	D	0.11%	0.17%	0.11%
OTIS	C	0.06%	0.07%	0.06%
OXY	F	0.05%	0.06%	0.05%
PANW	C	0.17%	0.18%	0.17%
PARA	F	0.01%	0.2%	0.01%
PAYC	D	0.01%	0.26%	0.01%
PAYX	C	0.07%	0.24%	0.07%
PCAR	D	0.08%	0.11%	0.08%
PCG	B	0.06%	0.08%	0.06%
PEG	A	0.07%	0.28%	0.07%
PEP	D	0.37%	0.2%	0.2%
PFE	C	0.25%	0.27%	0.25%
PFG	B	0.03%	0.21%	0.03%
PG	C	0.63%	0.44%	0.44%
PGR	A	0.23%	0.31%	0.23%
PH	A	0.12%	0.09%	0.09%
PHM	B	0.05%	0.3%	0.05%
PKG	B	0.03%	0.07%	0.03%
PLD	C	0.19%	0.08%	0.08%
PM	C	0.3%	0.45%	0.3%
PNC	A	0.11%	0.06%	0.06%
PNR	B	0.02%	0.22%	0.02%
PODD	B	0.02%	0.11%	0.02%
POOL	D	0.02%	0.13%	0.02%
PPG	D	0.04%	0.06%	0.04%
PPL	B	0.04%	0.09%	0.04%
PRU	C	0.06%	0.2%	0.06%
PSA	B	0.09%	0.14%	0.09%
PSX	D	0.08%	0.45%	0.08%
PTC	D	0.03%	0.16%	0.03%
PWR	B	0.06%	0.36%	0.06%
PYPL	B	0.11%	0.06%	0.06%
QCOM	F	0.29%	0.17%	0.17%
QRVO	F	0.02%	0.19%	0.02%
RCL	A	0.06%	0.09%	0.06%
REG	C	0.02%	0.08%	0.02%
REGN	C	0.2%	0.27%	0.2%
RF	B	0.03%	0.06%	0.03%
RJF	C	0.03%	0.25%	0.03%
RMD	C	0.06%	0.12%	0.06%
ROK	F	0.04%	0.03%	0.03%
ROL	C	0.02%	0.19%	0.02%
ROP	C	0.09%	0.03%	0.03%
ROST	C	0.08%	0.77%	0.08%
RSG	D	0.07%	0.2%	0.07%
RTX	C	0.24%	0.09%	0.09%
SBAC	C	0.04%	0.08%	0.04%
SBUX	C	0.17%	0.59%	0.17%
SCHW	D	0.15%	0.21%	0.15%
SHW	B	0.14%	0.08%	0.08%
SJM	C	0.02%	0.23%	0.02%
SLB	F	0.09%	0.31%	0.09%
SMCI	F	0.04%	0.1%	0.04%
SNA	C	0.02%	0.26%	0.02%
SNPS	D	0.12%	0.27%	0.12%
SO	A	0.15%	0.09%	0.09%
SOLV	C	0.01%	0.06%	0.01%
SPG	A	0.08%	0.07%	0.07%
SPGI	A	0.25%	0.05%	0.05%
SRE	B	0.08%	0.08%	0.08%
STE	C	0.04%	0.14%	0.04%
STLD	D	0.03%	0.22%	0.03%
STT	B	0.04%	0.13%	0.04%
STX	C	0.03%	0.19%	0.03%
STZ	D	0.06%	0.24%	0.06%
SW	C	0.03%	0.06%	0.03%
SWK	B	0.02%	0.3%	0.02%
SWKS	F	0.03%	0.2%	0.03%
SYF	C	0.03%	0.74%	0.03%
SYK	C	0.19%	0.13%	0.13%
SYY	D	0.06%	0.8%	0.06%
T	C	0.23%	0.41%	0.23%
TAP	D	0.02%	0.27%	0.02%
TDG	B	0.12%	0.07%	0.07%
TDY	C	0.03%	0.04%	0.03%
TECH	D	0.02%	0.14%	0.02%
TEL	D	0.07%	0.18%	0.07%
TER	D	0.03%	0.14%	0.03%
TFC	D	0.08%	0.06%	0.06%
TFX	C	0.02%	0.06%	0.02%
TGT	C	0.11%	0.18%	0.11%
TJX	C	0.21%	0.81%	0.21%
TMO	C	0.36%	0.15%	0.15%
TMUS	C	0.17%	0.38%	0.17%
TRGP	B	0.05%	0.31%	0.05%
TRMB	C	0.02%	0.03%	0.02%
TROW	D	0.04%	0.07%	0.04%
TRV	B	0.08%	0.16%	0.08%
TSCO	C	0.04%	0.12%	0.04%
TSLA	C	1.02%	0.31%	0.31%
TSN	D	0.03%	0.42%	0.03%
TT	A	0.13%	0.08%	0.08%
TTWO	D	0.04%	0.47%	0.04%
TXN	C	0.28%	0.22%	0.22%
TXT	D	0.03%	0.17%	0.03%
TYL	C	0.04%	0.4%	0.04%
UBER	C	0.21%	0.11%	0.11%
UDR	C	0.02%	0.13%	0.02%
UHS	B	0.02%	0.41%	0.02%
ULTA	D	0.03%	0.16%	0.03%
UNH	C	0.84%	0.31%	0.31%
UNP	C	0.23%	0.09%	0.09%
UPS	F	0.14%	0.08%	0.08%
URI	B	0.08%	0.14%	0.08%
USB	B	0.11%	0.06%	0.06%
V	C	0.7%	0.05%	0.05%
VICI	C	0.06%	0.08%	0.06%
VLO	F	0.06%	0.43%	0.06%
VLTO	B	0.04%	0.03%	0.03%
VMC	D	0.05%	0.15%	0.05%
VRSK	D	0.06%	0.04%	0.04%
VRSN	D	0.03%	0.26%	0.03%
VRTX	D	0.19%	0.25%	0.19%
VST	A	0.05%	0.3%	0.05%
VTR	C	0.04%	0.14%	0.04%
VTRS	D	0.02%	0.28%	0.02%
VZ	B	0.28%	0.37%	0.28%
WAB	A	0.04%	0.13%	0.04%
WAT	C	0.03%	0.15%	0.03%
WBA	F	0.01%	0.38%	0.01%
WBD	D	0.03%	0.23%	0.03%
WDC	D	0.03%	0.16%	0.03%
WEC	B	0.04%	0.09%	0.04%
WELL	C	0.12%	0.13%	0.12%
WFC	D	0.28%	0.11%	0.11%
WM	D	0.13%	0.19%	0.13%
WMB	B	0.09%	0.27%	0.09%
WMT	B	0.55%	0.88%	0.55%
WRB	C	0.02%	0.16%	0.02%
WST	D	0.03%	0.04%	0.03%
WTW	C	0.04%	0.04%	0.04%
WY	C	0.04%	0.18%	0.04%
WYNN	D	0.01%	0.06%	0.01%
XEL	B	0.05%	0.09%	0.05%
XOM	D	0.76%	0.76%	0.76%
XYL	D	0.05%	0.18%	0.05%
YUM	F	0.06%	0.48%	0.06%
ZBH	F	0.03%	0.12%	0.03%
ZBRA	B	0.02%	0.14%	0.02%
ZTS	C	0.13%	0.28%	0.13%

KOKU Overweight 130 Positions Relative to SSPY

Symbol	Grade	Weight
NVS	C	0.35%
UL	C	0.25%
TD	A	0.17%
MELI	B	0.15%
SHOP	C	0.13%
DEO	D	0.11%
PLTR	A	0.11%
MRVL	C	0.1%
CNI	D	0.1%
LYG	B	0.08%
WDAY	D	0.08%
LNG	C	0.07%
APO	B	0.07%
TTD	B	0.07%
WCN	D	0.07%
SNOW	F	0.06%
GOLD	B	0.06%
FLUT	B	0.06%
DASH	B	0.06%
BCS	B	0.06%
VRT	C	0.05%
COIN	F	0.05%
DDOG	D	0.05%
DELL	C	0.05%
STLA	F	0.05%
VEEV	C	0.05%
ALNY	C	0.05%
SQ	D	0.05%
E	C	0.05%
APP	B	0.04%
NET	D	0.04%
HUBS	D	0.04%
TEAM	D	0.04%
ARES	A	0.04%
SE	A	0.04%
BURL	C	0.03%
LPLA	F	0.03%
FCNCA	D	0.03%
ENTG	D	0.03%
TPL	A	0.03%
SUI	C	0.03%
WSM	D	0.03%
EME	A	0.03%
ZM	C	0.03%
LII	B	0.03%
BAH	B	0.03%
SSNC	B	0.03%
AER	B	0.03%
CHKP	A	0.03%
PINS	F	0.03%
RBLX	B	0.03%
CSL	B	0.03%
TRU	B	0.03%
MKL	C	0.03%
MDB	D	0.03%
ILMN	C	0.03%
TEVA	D	0.03%
MSTR	D	0.03%
CNH	D	0.02%
SNAP	F	0.02%
QGEN	C	0.02%
ALLY	D	0.02%
HEI	A	0.02%
DOCU	C	0.02%
OKTA	F	0.02%
EXAS	C	0.02%
NBIX	F	0.02%
CYBR	C	0.02%
CCK	A	0.02%
RPRX	D	0.02%
DKS	D	0.02%
TW	B	0.02%
AMH	C	0.02%
WTRG	D	0.02%
GGG	C	0.02%
LOGI	D	0.02%
XRX	F	0.02%
WSO	C	0.02%
WPC	C	0.02%
ELS	C	0.02%
RS	D	0.02%
FNF	B	0.02%
DT	C	0.02%
RBA	C	0.02%
UTHR	C	0.02%
GLPI	C	0.02%
BMRN	F	0.02%
PSTG	F	0.02%
RPM	B	0.02%
ERIE	B	0.02%
DKNG	C	0.02%
EQH	C	0.02%
HEI	A	0.02%
CCEP	B	0.02%
ACM	B	0.02%
OC	D	0.02%
MANH	A	0.02%
AVTR	C	0.02%
ZS	F	0.02%
GLBE	C	0.01%
FUTU	D	0.01%
WFG	A	0.01%
WLK	D	0.01%
H	C	0.01%
CELH	F	0.01%
UHAL	B	0.01%
BSY	D	0.01%
ACI	F	0.01%
CRBG	D	0.01%
CHK	D	0.01%
GRAB	B	0.01%
DINO	F	0.01%
CG	D	0.01%
OTEX	D	0.01%
KNX	D	0.01%
SEIC	C	0.01%
Z	B	0.01%
TTC	D	0.01%
CHRD	F	0.01%
RIVN	F	0.01%
TOST	A	0.01%
ROKU	C	0.01%
IOT	A	0.01%
WIX	D	0.01%
OVV	F	0.01%
HOOD	C	0.01%
AFG	B	0.01%
TWLO	C	0.01%
MNDY	A	0.01%
DOOO	D	0.0%

KOKU Underweight 17 Positions Relative to SSPY

Symbol	Grade	Weight
BWA	D	-0.36%
RL	B	-0.3%
TPR	C	-0.3%
HAS	B	-0.28%
GL	C	-0.27%
MHK	C	-0.25%
UAL	C	-0.19%
AAL	D	-0.18%
ETSY	F	-0.13%
NWS	D	-0.1%
NCLH	C	-0.1%
PNW	B	-0.09%
IVZ	B	-0.09%
FMC	C	-0.09%
FRT	C	-0.08%
GNRC	D	-0.08%
CZR	C	-0.07%