TOK vs. FEX ETF Comparison

Comparison of iShares MSCI KLD 400 Social ETF (TOK) to First Trust Large Cap Core AlphaDEX (FEX)

TOK

iShares MSCI KLD 400 Social ETF

TOK Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Kokusai Index (the "underlying index"). The fund generally invests at least 80% of its assets in securities of the underlying index or in depositary receipts representing securities of the underlying index. The underlying index is designed to measure equity market performance in those countries that MSCI Inc. ("MSCI") has classified as having developed economies, excluding Japan ("DEEJ").

Grade (RS Rating)

Last Trade

$119.16

Average Daily Volume

19,033

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

FEX

First Trust Large Cap Core AlphaDEX

FEX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$111.95

Average Daily Volume

18,528

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

Performance

Period	TOK	FEX
30 Days	2.26%	6.62%
60 Days	3.02%	8.07%
90 Days	4.32%	10.60%
12 Months	28.33%	33.47%

365 Overlapping Holdings

	Symbol	Grade	Weight in TOK	Weight in FEX	Overlap
	AAPL	C	4.98%	0.17%	0.17%
	ABT	B	0.31%	0.09%	0.09%
	ACGL	D	0.05%	0.29%	0.05%
	ACN	C	0.33%	0.08%	0.08%
	ADM	D	0.04%	0.37%	0.04%
	ADSK	A	0.1%	0.09%	0.09%
	AEE	A	0.04%	0.36%	0.04%
	AEP	D	0.07%	0.32%	0.07%
	AFL	B	0.09%	0.34%	0.09%
	AIG	B	0.08%	0.35%	0.08%
	AJG	B	0.09%	0.18%	0.09%
	AKAM	D	0.02%	0.29%	0.02%
	ALL	A	0.08%	0.45%	0.08%
	ALLY	C	0.01%	0.34%	0.01%
	ALNY	D	0.05%	0.29%	0.05%
	AMGN	D	0.22%	0.07%	0.07%
	AMP	A	0.09%	0.31%	0.09%
	AMT	D	0.14%	0.14%	0.14%
	AMZN	C	2.87%	0.09%	0.09%
	ANET	C	0.15%	0.33%	0.15%
	AON	A	0.11%	0.09%	0.09%
	APD	A	0.11%	0.19%	0.11%
	APH	A	0.13%	0.09%	0.09%
	APO	B	0.1%	0.22%	0.1%
	APP	B	0.1%	0.97%	0.1%
	APTV	D	0.02%	0.31%	0.02%
	ARE	D	0.03%	0.15%	0.03%
	ARES	A	0.05%	0.09%	0.05%
	ATO	A	0.03%	0.36%	0.03%
	AVB	B	0.05%	0.09%	0.05%
	AVGO	D	1.09%	0.24%	0.24%
	AVY	D	0.02%	0.08%	0.02%
	AWK	D	0.04%	0.16%	0.04%
	AXON	A	0.07%	0.64%	0.07%
	AXP	A	0.25%	0.45%	0.25%
	AZO	C	0.08%	0.08%	0.08%
	BAC	A	0.49%	0.3%	0.3%
	BAH	F	0.03%	0.29%	0.03%
	BBY	D	0.03%	0.22%	0.03%
	BDX	F	0.1%	0.08%	0.08%
	BG	F	0.02%	0.4%	0.02%
	BIIB	F	0.03%	0.21%	0.03%
	BK	A	0.09%	0.46%	0.09%
	BKNG	A	0.26%	0.3%	0.26%
	BKR	B	0.07%	0.4%	0.07%
	BLDR	D	0.03%	0.31%	0.03%
	BLK	C	0.23%	0.09%	0.09%
	BR	A	0.04%	0.18%	0.04%
	BRK.A	B	0.93%	0.26%	0.26%
	BRO	B	0.04%	0.36%	0.04%
	BSX	B	0.2%	0.27%	0.2%
	BURL	A	0.03%	0.44%	0.03%
	C	A	0.2%	0.37%	0.2%
	CAG	D	0.02%	0.07%	0.02%
	CARR	D	0.09%	0.23%	0.09%
	CAT	B	0.28%	0.25%	0.25%
	CB	C	0.16%	0.34%	0.16%
	CBOE	B	0.03%	0.09%	0.03%
	CCI	D	0.07%	0.07%	0.07%
	CCL	B	0.04%	0.45%	0.04%
	CE	F	0.01%	0.23%	0.01%
	CEG	D	0.11%	0.3%	0.11%
	CF	B	0.03%	0.43%	0.03%
	CFG	B	0.03%	0.38%	0.03%
	CHTR	C	0.06%	0.3%	0.06%
	CI	F	0.14%	0.16%	0.14%
	CINF	A	0.03%	0.47%	0.03%
	CL	D	0.11%	0.15%	0.11%
	CLX	B	0.03%	0.09%	0.03%
	CMCSA	B	0.25%	0.44%	0.25%
	CMG	B	0.12%	0.09%	0.09%
	CMI	A	0.08%	0.19%	0.08%
	CMS	C	0.03%	0.25%	0.03%
	CNC	D	0.05%	0.33%	0.05%
	CNP	B	0.03%	0.36%	0.03%
	COF	B	0.1%	0.41%	0.1%
	COIN	C	0.09%	0.15%	0.09%
	COP	C	0.2%	0.46%	0.2%
	COST	B	0.62%	0.35%	0.35%
	CPAY	A	0.04%	0.2%	0.04%
	CPB	D	0.01%	0.15%	0.01%
	CSCO	B	0.35%	0.27%	0.27%
	CSL	C	0.03%	0.17%	0.03%
	CSX	B	0.1%	0.26%	0.1%
	CTAS	B	0.12%	0.36%	0.12%
	CTRA	B	0.03%	0.46%	0.03%
	CTSH	B	0.05%	0.42%	0.05%
	CTVA	C	0.06%	0.16%	0.06%
	CVS	D	0.1%	0.38%	0.1%
	CVX	A	0.42%	0.46%	0.42%
	D	C	0.07%	0.25%	0.07%
	DAL	C	0.01%	0.53%	0.01%
	DASH	A	0.08%	0.41%	0.08%
	DD	D	0.05%	0.16%	0.05%
	DE	A	0.16%	0.25%	0.16%
	DECK	A	0.04%	0.19%	0.04%
	DELL	C	0.06%	0.19%	0.06%
	DG	F	0.02%	0.31%	0.02%
	DGX	A	0.03%	0.35%	0.03%
	DHI	D	0.07%	0.36%	0.07%
	DIS	B	0.31%	0.2%	0.2%
	DOC	D	0.02%	0.15%	0.02%
	DOV	A	0.04%	0.09%	0.04%
	DOW	F	0.05%	0.21%	0.05%
	DRI	B	0.03%	0.17%	0.03%
	DTE	C	0.04%	0.32%	0.04%
	DUK	C	0.13%	0.33%	0.13%
	DVN	F	0.04%	0.42%	0.04%
	EBAY	D	0.05%	0.32%	0.05%
	ECL	D	0.09%	0.16%	0.09%
	ED	D	0.05%	0.31%	0.05%
	EFX	F	0.04%	0.21%	0.04%
	EG	C	0.03%	0.4%	0.03%
	EIX	B	0.05%	0.25%	0.05%
	ELV	F	0.14%	0.2%	0.14%
	EME	C	0.04%	0.49%	0.04%
	EMR	A	0.11%	0.1%	0.1%
	EOG	A	0.12%	0.47%	0.12%
	EQIX	A	0.13%	0.09%	0.09%
	EQR	B	0.04%	0.25%	0.04%
	EQT	B	0.04%	0.41%	0.04%
	ERIE	D	0.01%	0.32%	0.01%
	ESS	B	0.03%	0.09%	0.03%
	ETN	A	0.22%	0.18%	0.18%
	ETR	B	0.05%	0.38%	0.05%
	EXC	C	0.06%	0.33%	0.06%
	EXPD	D	0.03%	0.08%	0.03%
	EXPE	B	0.03%	0.52%	0.03%
	EXR	D	0.05%	0.15%	0.05%
	F	C	0.06%	0.45%	0.06%
	FANG	D	0.05%	0.45%	0.05%
	FCNCA	A	0.03%	0.4%	0.03%
	FCX	D	0.1%	0.07%	0.07%
	FDX	B	0.1%	0.37%	0.1%
	FE	C	0.04%	0.16%	0.04%
	FI	A	0.19%	0.4%	0.19%
	FICO	B	0.08%	0.5%	0.08%
	FITB	A	0.05%	0.28%	0.05%
	FNF	B	0.03%	0.17%	0.03%
	FOXA	B	0.02%	0.45%	0.02%
	FSLR	F	0.03%	0.27%	0.03%
	FTNT	C	0.09%	0.3%	0.09%
	FTV	C	0.04%	0.16%	0.04%
	GD	F	0.1%	0.16%	0.1%
	GDDY	A	0.04%	0.4%	0.04%
	GE	D	0.29%	0.32%	0.29%
	GEHC	F	0.05%	0.07%	0.05%
	GEN	B	0.03%	0.36%	0.03%
	GIS	D	0.05%	0.22%	0.05%
	GLPI	C	0.02%	0.08%	0.02%
	GM	B	0.1%	0.53%	0.1%
	GOOGL	C	1.57%	0.09%	0.09%
	GPC	D	0.03%	0.23%	0.03%
	GRMN	B	0.05%	0.3%	0.05%
	GS	A	0.28%	0.5%	0.28%
	GWW	B	0.08%	0.29%	0.08%
	HAL	C	0.04%	0.44%	0.04%
	HBAN	A	0.04%	0.41%	0.04%
	HCA	F	0.1%	0.35%	0.1%
	HD	A	0.6%	0.09%	0.09%
	HEI	B	0.02%	0.44%	0.02%
	HEI	B	0.03%	0.44%	0.03%
	HIG	B	0.05%	0.34%	0.05%
	HLT	A	0.1%	0.27%	0.1%
	HOLX	D	0.03%	0.16%	0.03%
	HOOD	B	0.03%	0.38%	0.03%
	HPE	B	0.04%	0.44%	0.04%
	HPQ	B	0.05%	0.09%	0.05%
	HRL	D	0.01%	0.24%	0.01%
	HSY	F	0.04%	0.15%	0.04%
	HUBB	B	0.03%	0.18%	0.03%
	HUM	C	0.05%	0.22%	0.05%
	HWM	A	0.07%	0.48%	0.07%
	IBM	C	0.29%	0.32%	0.29%
	ICE	C	0.13%	0.25%	0.13%
	IEX	B	0.03%	0.18%	0.03%
	INTC	D	0.16%	0.36%	0.16%
	IP	B	0.03%	0.4%	0.03%
	IQV	D	0.05%	0.07%	0.05%
	IR	B	0.06%	0.18%	0.06%
	IRM	D	0.05%	0.41%	0.05%
	ISRG	A	0.29%	0.27%	0.27%
	IT	C	0.06%	0.17%	0.06%
	J	F	0.02%	0.18%	0.02%
	JBHT	C	0.02%	0.27%	0.02%
	JCI	C	0.08%	0.09%	0.08%
	JNJ	D	0.55%	0.24%	0.24%
	JPM	A	1.05%	0.3%	0.3%
	KDP	D	0.05%	0.21%	0.05%
	KEY	B	0.03%	0.19%	0.03%
	KEYS	A	0.04%	0.16%	0.04%
	KHC	F	0.04%	0.22%	0.04%
	KIM	A	0.03%	0.18%	0.03%
	KKR	A	0.14%	0.49%	0.14%
	KLAC	D	0.13%	0.07%	0.07%
	KMB	D	0.07%	0.08%	0.07%
	KMI	A	0.08%	0.43%	0.08%
	KO	D	0.38%	0.15%	0.15%
	KR	B	0.06%	0.34%	0.06%
	L	A	0.02%	0.36%	0.02%
	LEN	D	0.06%	0.38%	0.06%
	LH	C	0.03%	0.18%	0.03%
	LHX	C	0.07%	0.17%	0.07%
	LII	A	0.03%	0.35%	0.03%
	LLY	F	0.88%	0.14%	0.14%
	LMT	D	0.17%	0.08%	0.08%
	LNG	B	0.07%	0.4%	0.07%
	LNT	A	0.02%	0.26%	0.02%
	LOW	D	0.22%	0.08%	0.08%
	LUV	C	0.01%	0.28%	0.01%
	LVS	C	0.03%	0.17%	0.03%
	LYB	F	0.03%	0.37%	0.03%
	LYV	A	0.03%	0.41%	0.03%
	MA	C	0.65%	0.09%	0.09%
	MAA	B	0.03%	0.17%	0.03%
	MANH	D	0.03%	0.25%	0.03%
	MAR	B	0.1%	0.1%	0.1%
	MAS	D	0.03%	0.08%	0.03%
	MCD	D	0.31%	0.08%	0.08%
	MCO	B	0.11%	0.25%	0.11%
	MDLZ	F	0.13%	0.15%	0.13%
	MDT	D	0.16%	0.16%	0.16%
	MET	A	0.07%	0.09%	0.07%
	META	D	1.84%	0.33%	0.33%
	MKC	D	0.03%	0.08%	0.03%
	MKL	A	0.03%	0.09%	0.03%
	MMC	B	0.16%	0.08%	0.08%
	MO	A	0.14%	0.09%	0.09%
	MOH	F	0.02%	0.14%	0.02%
	MPC	D	0.09%	0.42%	0.09%
	MPWR	F	0.04%	0.11%	0.04%
	MS	A	0.24%	0.33%	0.24%
	MSCI	C	0.07%	0.09%	0.07%
	MSI	B	0.12%	0.37%	0.12%
	MSTR	C	0.1%	0.19%	0.1%
	MTB	A	0.05%	0.41%	0.05%
	MU	D	0.16%	0.08%	0.08%
	NDAQ	A	0.05%	0.19%	0.05%
	NDSN	B	0.02%	0.08%	0.02%
	NEE	D	0.24%	0.31%	0.24%
	NFLX	A	0.56%	0.3%	0.3%
	NI	A	0.03%	0.36%	0.03%
	NKE	D	0.13%	0.14%	0.13%
	NOC	D	0.1%	0.08%	0.08%
	NOW	A	0.31%	0.29%	0.29%
	NRG	B	0.03%	0.43%	0.03%
	NSC	B	0.09%	0.09%	0.09%
	NTAP	C	0.04%	0.16%	0.04%
	NTRS	A	0.03%	0.31%	0.03%
	NUE	C	0.05%	0.41%	0.05%
	NVDA	C	5.42%	0.29%	0.29%
	NVR	D	0.04%	0.23%	0.04%
	NWSA	B	0.02%	0.18%	0.02%
	O	D	0.07%	0.15%	0.07%
	OC	A	0.03%	0.47%	0.03%
	ODFL	B	0.06%	0.09%	0.06%
	OKE	A	0.1%	0.31%	0.1%
	OMC	C	0.03%	0.16%	0.03%
	ON	D	0.04%	0.39%	0.04%
	ORCL	B	0.47%	0.37%	0.37%
	ORLY	B	0.11%	0.09%	0.09%
	OTIS	C	0.06%	0.08%	0.06%
	OXY	D	0.05%	0.42%	0.05%
	PANW	C	0.19%	0.1%	0.1%
	PAYX	C	0.07%	0.09%	0.07%
	PCAR	B	0.09%	0.48%	0.09%
	PCG	A	0.06%	0.27%	0.06%
	PEG	A	0.07%	0.25%	0.07%
	PEP	F	0.32%	0.08%	0.08%
	PFG	D	0.03%	0.17%	0.03%
	PGR	A	0.22%	0.43%	0.22%
	PH	A	0.13%	0.37%	0.13%
	PHM	D	0.04%	0.38%	0.04%
	PKG	A	0.03%	0.28%	0.03%
	PLTR	B	0.19%	0.7%	0.19%
	PM	B	0.3%	0.37%	0.3%
	PNC	B	0.12%	0.19%	0.12%
	POOL	C	0.02%	0.08%	0.02%
	PPG	F	0.04%	0.24%	0.04%
	PPL	B	0.04%	0.26%	0.04%
	PRU	A	0.07%	0.18%	0.07%
	PSA	D	0.08%	0.24%	0.08%
	PSX	C	0.09%	0.42%	0.09%
	PWR	A	0.07%	0.47%	0.07%
	PYPL	B	0.12%	0.18%	0.12%
	RBLX	C	0.04%	0.39%	0.04%
	RCL	A	0.09%	0.55%	0.09%
	RF	A	0.04%	0.29%	0.04%
	RIVN	F	0.01%	0.08%	0.01%
	RJF	A	0.05%	0.23%	0.05%
	RMD	C	0.05%	0.33%	0.05%
	ROL	B	0.02%	0.08%	0.02%
	ROST	C	0.07%	0.16%	0.07%
	RPM	A	0.03%	0.1%	0.03%
	RS	B	0.03%	0.45%	0.03%
	RSG	A	0.07%	0.09%	0.07%
	RVTY	F	0.02%	0.07%	0.02%
	SBAC	D	0.03%	0.08%	0.03%
	SBUX	A	0.17%	0.09%	0.09%
	SHW	A	0.14%	0.25%	0.14%
	SLB	C	0.09%	0.44%	0.09%
	SNA	A	0.03%	0.52%	0.03%
	SO	D	0.15%	0.17%	0.15%
	SPG	B	0.09%	0.18%	0.09%
	SPGI	C	0.24%	0.25%	0.24%
	SRE	A	0.09%	0.38%	0.09%
	SSNC	B	0.02%	0.25%	0.02%
	STLD	B	0.03%	0.47%	0.03%
	STT	A	0.04%	0.28%	0.04%
	STX	D	0.03%	0.22%	0.03%
	SWKS	F	0.02%	0.36%	0.02%
	SYF	B	0.04%	0.54%	0.04%
	SYK	C	0.2%	0.09%	0.09%
	SYY	B	0.05%	0.16%	0.05%
	T	A	0.24%	0.44%	0.24%
	TDG	D	0.1%	0.22%	0.1%
	TDY	B	0.03%	0.27%	0.03%
	TGT	F	0.11%	0.34%	0.11%
	TJX	A	0.2%	0.26%	0.2%
	TMO	F	0.29%	0.07%	0.07%
	TMUS	B	0.19%	0.39%	0.19%
	TPL	A	0.04%	0.4%	0.04%
	TRGP	B	0.06%	0.46%	0.06%
	TROW	B	0.04%	0.46%	0.04%
	TRV	B	0.09%	0.28%	0.09%
	TSCO	D	0.05%	0.16%	0.05%
	TSLA	B	1.49%	0.22%	0.22%
	TSN	B	0.03%	0.18%	0.03%
	TT	A	0.14%	0.45%	0.14%
	TTD	B	0.08%	0.27%	0.08%
	TXT	D	0.02%	0.32%	0.02%
	TYL	B	0.04%	0.26%	0.04%
	UBER	D	0.2%	0.16%	0.16%
	ULTA	F	0.02%	0.31%	0.02%
	UPS	C	0.14%	0.17%	0.14%
	URI	B	0.08%	0.44%	0.08%
	USB	A	0.12%	0.28%	0.12%
	UTHR	C	0.02%	0.42%	0.02%
	VICI	C	0.05%	0.08%	0.05%
	VLO	C	0.07%	0.45%	0.07%
	VLTO	D	0.04%	0.23%	0.04%
	VRT	B	0.08%	0.52%	0.08%
	VRTX	F	0.17%	0.08%	0.08%
	VST	B	0.08%	0.52%	0.08%
	VTR	C	0.04%	0.34%	0.04%
	VTRS	A	0.02%	0.38%	0.02%
	VZ	C	0.26%	0.32%	0.26%
	WAB	B	0.05%	0.46%	0.05%
	WAT	B	0.03%	0.08%	0.03%
	WEC	A	0.05%	0.26%	0.05%
	WELL	A	0.12%	0.27%	0.12%
	WFC	A	0.38%	0.44%	0.38%
	WLK	D	0.01%	0.14%	0.01%
	WMB	A	0.1%	0.11%	0.1%
	WRB	A	0.03%	0.18%	0.03%
	WSM	B	0.02%	0.07%	0.02%
	WSO	A	0.03%	0.18%	0.03%
	WST	C	0.03%	0.09%	0.03%
	WY	D	0.03%	0.16%	0.03%
	XEL	A	0.06%	0.36%	0.06%
	XOM	B	0.79%	0.43%	0.43%
	XYL	D	0.04%	0.15%	0.04%
	ZBH	C	0.03%	0.35%	0.03%
	ZM	B	0.03%	0.29%	0.03%
	ZTS	D	0.12%	0.08%	0.08%

TOK Overweight 226 Positions Relative to FEX

	Symbol	Grade	Weight
	MSFT	F	4.42%
	GOOG	C	1.36%
	UNH	C	0.8%
	V	A	0.74%
	PG	A	0.6%
	WMT	A	0.57%
	CRM	B	0.47%
	ABBV	D	0.44%
	MRK	F	0.37%
	AMD	F	0.34%
	ADBE	C	0.33%
	LIN	D	0.32%
	QCOM	F	0.28%
	INTU	C	0.27%
	TXN	C	0.27%
	RTX	C	0.24%
	DHR	F	0.23%
	HON	B	0.22%
	AMAT	F	0.21%
	PFE	D	0.21%
	UNP	C	0.21%
	BX	A	0.2%
	BMY	B	0.18%
	SCHW	B	0.18%
	ADP	B	0.18%
	GILD	C	0.17%
	ADI	D	0.16%
	BA	F	0.16%
	PLD	D	0.16%
	LRCX	F	0.14%
	GEV	B	0.14%
	WM	A	0.13%
	MELI	D	0.13%
	MRVL	B	0.12%
	ITW	B	0.12%
	REGN	F	0.12%
	MCK	B	0.12%
	CRWD	B	0.12%
	SNPS	B	0.12%
	CME	A	0.12%
	CDNS	B	0.12%
	MMM	D	0.11%
	TFC	A	0.1%
	CRH	A	0.1%
	ABNB	C	0.09%
	ROP	B	0.09%
	DLR	B	0.09%
	WDAY	B	0.08%
	NXPI	D	0.08%
	COR	B	0.07%
	AME	A	0.07%
	KVUE	A	0.07%
	FLUT	A	0.07%
	TEL	B	0.07%
	FAST	B	0.07%
	WCN	A	0.07%
	CPRT	A	0.07%
	FIS	C	0.07%
	SQ	B	0.07%
	NEM	D	0.07%
	GLW	B	0.06%
	MNST	C	0.06%
	CBRE	B	0.06%
	SNOW	C	0.06%
	STZ	D	0.06%
	VRSK	A	0.06%
	FERG	B	0.06%
	TEAM	A	0.06%
	HES	B	0.06%
	EW	C	0.06%
	EA	A	0.06%
	DFS	B	0.06%
	NET	B	0.05%
	VEEV	C	0.05%
	WTW	B	0.05%
	ROK	B	0.05%
	HUBS	A	0.05%
	IDXX	F	0.05%
	LULU	C	0.05%
	MCHP	D	0.05%
	YUM	B	0.05%
	A	D	0.05%
	MLM	B	0.05%
	VMC	B	0.05%
	DDOG	A	0.05%
	PTC	A	0.04%
	CDW	F	0.04%
	MTD	D	0.04%
	LPLA	A	0.04%
	CHD	B	0.04%
	SW	A	0.04%
	CAH	B	0.04%
	CSGP	D	0.04%
	GPN	B	0.04%
	DXCM	D	0.04%
	ANSS	B	0.04%
	TTWO	A	0.04%
	ALGN	D	0.03%
	SUI	D	0.03%
	PNR	A	0.03%
	DKNG	B	0.03%
	TRMB	B	0.03%
	FDS	B	0.03%
	MRO	B	0.03%
	PODD	C	0.03%
	PINS	D	0.03%
	DOCU	A	0.03%
	ZS	C	0.03%
	ZBRA	B	0.03%
	BALL	D	0.03%
	LDOS	C	0.03%
	EXE	B	0.03%
	TRU	D	0.03%
	COO	D	0.03%
	WDC	D	0.03%
	ILMN	D	0.03%
	STE	F	0.03%
	MDB	C	0.03%
	IFF	D	0.03%
	INVH	D	0.03%
	ES	D	0.03%
	WBD	C	0.03%
	K	A	0.03%
	EXAS	D	0.02%
	AES	F	0.02%
	IPG	D	0.02%
	WTRG	B	0.02%
	RPRX	D	0.02%
	LW	C	0.02%
	Z	A	0.02%
	TECH	D	0.02%
	CNH	C	0.02%
	NBIX	C	0.02%
	SNAP	C	0.02%
	BMRN	D	0.02%
	AIZ	A	0.02%
	EMN	D	0.02%
	OVV	B	0.02%
	TAP	C	0.02%
	AMH	D	0.02%
	WPC	D	0.02%
	KMX	B	0.02%
	ALB	C	0.02%
	JKHY	D	0.02%
	JNPR	F	0.02%
	MRNA	F	0.02%
	BXP	D	0.02%
	IOT	A	0.02%
	SJM	D	0.02%
	PAYC	B	0.02%
	CHRW	C	0.02%
	UHS	D	0.02%
	DKS	C	0.02%
	INCY	C	0.02%
	CPT	B	0.02%
	OKTA	C	0.02%
	HST	C	0.02%
	ALLE	D	0.02%
	EPAM	C	0.02%
	ELS	C	0.02%
	DAY	B	0.02%
	SWK	D	0.02%
	DLTR	F	0.02%
	AVTR	F	0.02%
	CG	A	0.02%
	FFIV	B	0.02%
	DT	C	0.02%
	UDR	B	0.02%
	ACM	A	0.02%
	GGG	B	0.02%
	REG	B	0.02%
	SMCI	F	0.02%
	TW	A	0.02%
	EQH	B	0.02%
	AMCR	D	0.02%
	EVRG	A	0.02%
	TOST	B	0.02%
	DPZ	C	0.02%
	EL	F	0.02%
	ENTG	D	0.02%
	PSTG	D	0.02%
	FWONK	B	0.02%
	VRSN	F	0.02%
	BAX	D	0.02%
	TER	D	0.02%
	JBL	B	0.02%
	TWLO	A	0.02%
	CELH	F	0.01%
	PARA	C	0.01%
	UHAL	D	0.01%
	WBA	F	0.01%
	QRVO	F	0.01%
	BEN	C	0.01%
	DINO	D	0.01%
	BBWI	D	0.01%
	FOX	A	0.01%
	AZPN	A	0.01%
	H	B	0.01%
	ACI	C	0.01%
	BIO	D	0.01%
	BSY	D	0.01%
	SEIC	B	0.01%
	AOS	F	0.01%
	ENPH	F	0.01%
	CHRD	D	0.01%
	MOS	F	0.01%
	TTC	D	0.01%
	ROKU	D	0.01%
	HII	D	0.01%
	WYNN	D	0.01%
	MGM	D	0.01%
	HSIC	B	0.01%
	TFX	F	0.01%
	MTCH	D	0.01%
	FBIN	D	0.01%
	DVA	B	0.01%
	APA	D	0.01%
	NLY	C	0.01%
	SOLV	C	0.01%
	CRL	C	0.01%
	LKQ	D	0.01%
	CTLT	B	0.01%
	CCK	C	0.01%
	AFG	A	0.01%
	MKTX	D	0.01%
	KNX	B	0.01%

TOK Underweight 9 Positions Relative to FEX

	Symbol	Grade	Weight
	UAL	A	-0.67%
	CVNA	B	-0.48%
	TOL	B	-0.42%
	CPNG	D	-0.42%
	THC	D	-0.39%
	CRBG	B	-0.36%
	CASY	A	-0.27%
	RGA	A	-0.18%
	BLD	D	-0.07%

TOK: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Chemical Telecommunications Aerospace Real Estate Investment Trust Medicine Bank Semiconductor Cloud Computing Banking Mining IBD 50 Insurance Products

FEX: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Software - Application Asset Management Specialty Retail Banks - Regional - US Business Services Diversified Industrials Insurance - Property & Casualty Aerospace & Defense Oil & Gas E&P Capital Markets Diagnostics & Research Health Care Plans Packaged Foods Semiconductors Specialty Chemicals Telecom Services Utilities - Diversified Credit Services Insurance Brokers

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Electricity Computing Dow Jones Component Electronics Bank Insurance Products Telecommunications Banking Aerospace Chemical Investment Bank Real Estate Investment Trust Transport IBD 50 Medicine Disability