XCLR vs. LGH ETF Comparison

Comparison of Global X S&P 500 Collar 95-110 ETF (XCLR) to HCM Defender 500 Index ETF (LGH)

XCLR

Global X S&P 500 Collar 95-110 ETF

XCLR Description

Global X S&P 500 Collar 95-110 ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 3-Month Collar 95-110 Index, by using full replication technique. Global X Funds - Global X S&P 500 Collar 95-110 ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$31.82

Average Daily Volume

667

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

LGH

HCM Defender 500 Index ETF

LGH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 500 Index (the HCM 500 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 index. The HCM 500 index seeks to outperform the Solactive US Large Cap Index using a proprietary methodology.

Grade (RS Rating)

Last Trade

$50.25

Average Daily Volume

23,341

Number of Holdings ^*

457

* may have additional holdings in another (foreign) market

Performance

Period	XCLR	LGH
30 Days	1.98%	2.18%
60 Days	3.38%	0.91%
90 Days	3.90%	1.58%
12 Months	25.72%	30.59%

417 Overlapping Holdings

	Symbol	Grade	Weight in XCLR	Weight in LGH	Overlap
	A	C	0.08%	0.07%	0.07%
	AAPL	C	6.82%	6.79%	6.79%
	ABBV	C	0.74%	0.54%	0.54%
	ABNB	D	0.11%	0.08%	0.08%
	ABT	C	0.43%	0.31%	0.31%
	ACGL	C	0.08%	0.06%	0.06%
	ACN	C	0.48%	0.34%	0.34%
	ADBE	F	0.56%	0.35%	0.35%
	ADI	C	0.24%	0.17%	0.17%
	ADM	D	0.06%	0.05%	0.05%
	ADP	B	0.25%	0.17%	0.17%
	ADSK	C	0.12%	0.09%	0.09%
	AEE	C	0.03%	0.03%	0.03%
	AEP	C	0.12%	0.08%	0.08%
	AFL	C	0.11%	0.09%	0.09%
	AIG	D	0.11%	0.08%	0.08%
	AJG	D	0.14%	0.1%	0.1%
	AKAM	D	0.02%	0.02%	0.02%
	ALB	D	0.02%	0.02%	0.02%
	ALGN	D	0.04%	0.03%	0.03%
	ALL	B	0.1%	0.08%	0.08%
	AMAT	D	0.33%	0.23%	0.23%
	AMD	D	0.52%	0.38%	0.38%
	AME	C	0.08%	0.06%	0.06%
	AMGN	B	0.38%	0.27%	0.27%
	AMP	A	0.1%	0.07%	0.07%
	AMT	C	0.25%	0.18%	0.18%
	AMZN	C	3.63%	3.63%	3.63%
	ANET	B	0.19%	0.13%	0.13%
	ANSS	D	0.06%	0.04%	0.04%
	AON	B	0.16%	0.1%	0.1%
	APA	F	0.01%	0.01%	0.01%
	APD	B	0.14%	0.09%	0.09%
	APH	D	0.16%	0.11%	0.11%
	ARE	C	0.03%	0.03%	0.03%
	ATO	B	0.03%	0.03%	0.03%
	AVB	B	0.06%	0.05%	0.05%
	AVGO	C	1.52%	1.43%	1.43%
	AVY	C	0.03%	0.03%	0.03%
	AWK	B	0.07%	0.04%	0.04%
	AXON	B	0.07%	0.04%	0.04%
	AXP	B	0.3%	0.23%	0.23%
	AZO	D	0.14%	0.08%	0.08%
	BA	F	0.19%	0.13%	0.13%
	BAC	D	0.56%	0.43%	0.43%
	BALL	C	0.04%	0.03%	0.03%
	BAX	C	0.04%	0.04%	0.04%
	BBY	C	0.04%	0.04%	0.04%
	BDX	D	0.14%	0.11%	0.11%
	BG	D	0.04%	0.02%	0.02%
	BIIB	F	0.05%	0.05%	0.05%
	BK	B	0.11%	0.08%	0.08%
	BKNG	C	0.35%	0.21%	0.21%
	BKR	C	0.07%	0.05%	0.05%
	BLK	B	0.28%	0.19%	0.19%
	BMY	C	0.21%	0.16%	0.16%
	BR	D	0.06%	0.04%	0.04%
	BRK.A	C	1.75%	1.23%	1.23%
	BRO	C	0.05%	0.03%	0.03%
	BSX	B	0.25%	0.18%	0.18%
	BX	B	0.22%	0.17%	0.17%
	C	C	0.23%	0.17%	0.17%
	CAG	C	0.03%	0.03%	0.03%
	CAH	C	0.05%	0.04%	0.04%
	CARR	B	0.12%	0.1%	0.1%
	CAT	B	0.36%	0.27%	0.27%
	CB	B	0.26%	0.18%	0.18%
	CBOE	C	0.05%	0.04%	0.04%
	CBRE	A	0.07%	0.06%	0.06%
	CCI	C	0.1%	0.07%	0.07%
	CDNS	D	0.15%	0.11%	0.11%
	CDW	D	0.05%	0.05%	0.05%
	CEG	C	0.13%	0.1%	0.1%
	CF	C	0.03%	0.02%	0.02%
	CFG	C	0.03%	0.02%	0.02%
	CHD	D	0.05%	0.03%	0.03%
	CHTR	D	0.06%	0.05%	0.05%
	CI	C	0.23%	0.17%	0.17%
	CINF	B	0.04%	0.03%	0.03%
	CL	D	0.17%	0.14%	0.14%
	CLX	C	0.03%	0.03%	0.03%
	CMCSA	D	0.32%	0.25%	0.25%
	CME	C	0.17%	0.11%	0.11%
	CMG	C	0.15%	0.1%	0.1%
	CMI	C	0.08%	0.06%	0.06%
	CMS	C	0.03%	0.03%	0.03%
	CNC	D	0.08%	0.06%	0.06%
	CNP	C	0.03%	0.02%	0.02%
	COF	B	0.11%	0.08%	0.08%
	COP	D	0.26%	0.2%	0.2%
	COST	B	0.88%	0.62%	0.62%
	CPAY	B	0.06%	0.03%	0.03%
	CPRT	D	0.09%	0.06%	0.06%
	CRM	D	0.52%	0.36%	0.36%
	CRWD	D	0.13%	0.09%	0.09%
	CSCO	C	0.43%	0.32%	0.32%
	CSGP	D	0.06%	0.04%	0.04%
	CSX	D	0.14%	0.1%	0.1%
	CTAS	B	0.15%	0.1%	0.1%
	CTRA	D	0.04%	0.03%	0.03%
	CTSH	C	0.08%	0.06%	0.06%
	CTVA	B	0.08%	0.07%	0.07%
	CVS	D	0.16%	0.12%	0.12%
	CVX	D	0.51%	0.38%	0.38%
	D	C	0.11%	0.08%	0.08%
	DAL	C	0.06%	0.04%	0.04%
	DD	B	0.07%	0.05%	0.05%
	DE	B	0.21%	0.16%	0.16%
	DECK	C	0.04%	0.03%	0.03%
	DFS	B	0.06%	0.05%	0.05%
	DG	F	0.04%	0.03%	0.03%
	DGX	B	0.03%	0.03%	0.03%
	DHI	B	0.12%	0.1%	0.1%
	DHR	B	0.37%	0.28%	0.28%
	DIS	D	0.34%	0.25%	0.25%
	DLR	B	0.1%	0.07%	0.07%
	DLTR	F	0.03%	0.02%	0.02%
	DOV	B	0.06%	0.04%	0.04%
	DOW	D	0.08%	0.05%	0.05%
	DPZ	F	0.04%	0.02%	0.02%
	DRI	B	0.04%	0.03%	0.03%
	DTE	C	0.06%	0.04%	0.04%
	DUK	C	0.2%	0.14%	0.14%
	DVN	F	0.05%	0.04%	0.04%
	DXCM	F	0.05%	0.04%	0.04%
	EA	D	0.07%	0.06%	0.06%
	EBAY	B	0.06%	0.05%	0.05%
	ECL	B	0.13%	0.1%	0.1%
	ED	C	0.08%	0.05%	0.05%
	EFX	B	0.08%	0.06%	0.06%
	EIX	C	0.06%	0.05%	0.05%
	EL	F	0.03%	0.03%	0.03%
	ELV	C	0.27%	0.19%	0.19%
	EMR	D	0.13%	0.09%	0.09%
	ENPH	D	0.03%	0.02%	0.02%
	EOG	D	0.15%	0.11%	0.11%
	EPAM	F	0.03%	0.02%	0.02%
	EQIX	C	0.16%	0.12%	0.12%
	EQR	B	0.05%	0.04%	0.04%
	EQT	D	0.03%	0.02%	0.02%
	ES	C	0.05%	0.04%	0.04%
	ESS	B	0.06%	0.03%	0.03%
	ETN	C	0.26%	0.18%	0.18%
	ETR	B	0.05%	0.04%	0.04%
	EVRG	B	0.02%	0.02%	0.02%
	EW	F	0.08%	0.06%	0.06%
	EXC	C	0.09%	0.06%	0.06%
	EXPD	C	0.04%	0.02%	0.02%
	EXPE	C	0.04%	0.03%	0.03%
	EXR	B	0.07%	0.06%	0.06%
	F	F	0.09%	0.07%	0.07%
	FANG	D	0.06%	0.04%	0.04%
	FAST	C	0.09%	0.06%	0.06%
	FCX	D	0.13%	0.1%	0.1%
	FDS	C	0.04%	0.02%	0.02%
	FDX	C	0.13%	0.1%	0.1%
	FE	C	0.05%	0.04%	0.04%
	FICO	B	0.08%	0.06%	0.06%
	FIS	B	0.1%	0.07%	0.07%
	FITB	B	0.05%	0.05%	0.05%
	FSLR	C	0.05%	0.04%	0.04%
	FTNT	C	0.1%	0.08%	0.08%
	FTV	C	0.06%	0.04%	0.04%
	GD	B	0.14%	0.1%	0.1%
	GDDY	C	0.04%	0.04%	0.04%
	GE	B	0.4%	0.29%	0.29%
	GEHC	C	0.08%	0.05%	0.05%
	GEV	B	0.12%	0.09%	0.09%
	GILD	B	0.21%	0.17%	0.17%
	GIS	B	0.08%	0.07%	0.07%
	GLW	C	0.07%	0.05%	0.05%
	GM	C	0.11%	0.11%	0.11%
	GOOG	D	1.62%	1.64%	1.62%
	GOOGL	D	1.94%	1.89%	1.89%
	GPC	D	0.04%	0.03%	0.03%
	GPN	D	0.06%	0.05%	0.05%
	GRMN	D	0.06%	0.04%	0.04%
	GS	C	0.32%	0.25%	0.25%
	GWW	B	0.09%	0.06%	0.06%
	HAL	F	0.05%	0.04%	0.04%
	HBAN	B	0.05%	0.03%	0.03%
	HCA	B	0.16%	0.13%	0.13%
	HD	B	0.8%	0.6%	0.6%
	HES	F	0.08%	0.06%	0.06%
	HIG	B	0.07%	0.06%	0.06%
	HLT	B	0.12%	0.08%	0.08%
	HOLX	B	0.03%	0.03%	0.03%
	HON	D	0.28%	0.21%	0.21%
	HPE	D	0.05%	0.03%	0.03%
	HPQ	D	0.06%	0.05%	0.05%
	HST	C	0.03%	0.02%	0.02%
	HSY	C	0.06%	0.05%	0.05%
	HUBB	B	0.05%	0.03%	0.03%
	HUM	F	0.09%	0.06%	0.06%
	HWM	B	0.08%	0.06%	0.06%
	IBM	B	0.42%	0.3%	0.3%
	ICE	C	0.2%	0.13%	0.13%
	IDXX	C	0.09%	0.06%	0.06%
	IEX	D	0.03%	0.02%	0.02%
	IFF	B	0.05%	0.04%	0.04%
	INTC	F	0.18%	0.14%	0.14%
	INTU	C	0.38%	0.26%	0.26%
	INVH	C	0.05%	0.03%	0.03%
	IP	B	0.04%	0.02%	0.02%
	IQV	C	0.09%	0.06%	0.06%
	IR	C	0.08%	0.05%	0.05%
	IRM	C	0.07%	0.04%	0.04%
	ISRG	B	0.38%	0.26%	0.26%
	IT	B	0.07%	0.05%	0.05%
	ITW	C	0.15%	0.12%	0.12%
	J	C	0.05%	0.02%	0.02%
	JBHT	D	0.02%	0.02%	0.02%
	JBL	D	0.02%	0.02%	0.02%
	JCI	B	0.1%	0.08%	0.08%
	JKHY	B	0.02%	0.02%	0.02%
	JNJ	C	0.86%	0.73%	0.73%
	JPM	D	1.25%	1.21%	1.21%
	K	B	0.05%	0.03%	0.03%
	KDP	B	0.08%	0.05%	0.05%
	KEY	B	0.03%	0.02%	0.02%
	KEYS	C	0.06%	0.04%	0.04%
	KHC	C	0.06%	0.04%	0.04%
	KIM	C	0.03%	0.02%	0.02%
	KKR	B	0.16%	0.12%	0.12%
	KLAC	D	0.2%	0.14%	0.14%
	KMB	D	0.11%	0.07%	0.07%
	KMI	B	0.08%	0.07%	0.07%
	KO	C	0.58%	0.43%	0.43%
	KR	C	0.08%	0.07%	0.07%
	KVUE	C	0.09%	0.06%	0.06%
	LDOS	B	0.05%	0.03%	0.03%
	LEN	B	0.09%	0.07%	0.07%
	LHX	C	0.1%	0.07%	0.07%
	LIN	B	0.49%	0.35%	0.35%
	LKQ	F	0.03%	0.01%	0.01%
	LLY	C	1.58%	1.55%	1.55%
	LMT	C	0.26%	0.22%	0.22%
	LNT	B	0.04%	0.03%	0.03%
	LOW	B	0.31%	0.23%	0.23%
	LRCX	F	0.2%	0.14%	0.14%
	LUV	C	0.04%	0.03%	0.03%
	LVS	D	0.03%	0.02%	0.02%
	LW	D	0.02%	0.02%	0.02%
	LYB	D	0.05%	0.04%	0.04%
	MA	B	0.85%	0.76%	0.76%
	MAA	B	0.04%	0.03%	0.03%
	MAR	C	0.12%	0.09%	0.09%
	MAS	B	0.03%	0.03%	0.03%
	MCD	B	0.45%	0.33%	0.33%
	MCHP	F	0.09%	0.06%	0.06%
	MCK	F	0.14%	0.11%	0.11%
	MCO	B	0.15%	0.11%	0.11%
	MDLZ	B	0.22%	0.16%	0.16%
	MDT	C	0.25%	0.19%	0.19%
	MET	B	0.1%	0.08%	0.08%
	META	B	2.45%	2.44%	2.44%
	MKC	C	0.03%	0.03%	0.03%
	MLM	D	0.07%	0.05%	0.05%
	MMC	C	0.24%	0.16%	0.16%
	MMM	B	0.16%	0.11%	0.11%
	MNST	D	0.08%	0.04%	0.04%
	MO	C	0.19%	0.14%	0.14%
	MOH	D	0.05%	0.03%	0.03%
	MPC	F	0.12%	0.1%	0.1%
	MPWR	C	0.08%	0.06%	0.06%
	MRK	D	0.62%	0.47%	0.47%
	MRNA	F	0.05%	0.04%	0.04%
	MRO	C	0.03%	0.02%	0.02%
	MS	D	0.26%	0.2%	0.2%
	MSCI	C	0.1%	0.06%	0.06%
	MSFT	C	6.74%	6.85%	6.74%
	MSI	B	0.16%	0.11%	0.11%
	MTB	B	0.06%	0.04%	0.04%
	MTD	D	0.06%	0.05%	0.05%
	MU	F	0.21%	0.14%	0.14%
	NDAQ	A	0.05%	0.04%	0.04%
	NEE	C	0.37%	0.28%	0.28%
	NEM	B	0.13%	0.07%	0.07%
	NFLX	B	0.63%	0.45%	0.45%
	NKE	D	0.21%	0.15%	0.15%
	NOC	B	0.17%	0.12%	0.12%
	NOW	B	0.36%	0.26%	0.26%
	NSC	C	0.12%	0.08%	0.08%
	NTAP	D	0.05%	0.03%	0.03%
	NTRS	A	0.04%	0.03%	0.03%
	NUE	F	0.07%	0.06%	0.06%
	NVDA	D	6.22%	5.94%	5.94%
	O	C	0.11%	0.07%	0.07%
	ODFL	D	0.07%	0.06%	0.06%
	OKE	B	0.12%	0.09%	0.09%
	OMC	B	0.05%	0.03%	0.03%
	ON	D	0.06%	0.05%	0.05%
	ORCL	C	0.54%	0.39%	0.39%
	ORLY	C	0.15%	0.1%	0.1%
	OTIS	C	0.08%	0.06%	0.06%
	OXY	F	0.07%	0.05%	0.05%
	PANW	D	0.24%	0.15%	0.15%
	PAYX	C	0.09%	0.06%	0.06%
	PCAR	D	0.1%	0.07%	0.07%
	PCG	C	0.09%	0.07%	0.07%
	PEG	B	0.08%	0.06%	0.06%
	PEP	C	0.52%	0.38%	0.38%
	PFE	C	0.36%	0.28%	0.28%
	PFG	B	0.03%	0.03%	0.03%
	PG	C	0.88%	0.66%	0.66%
	PGR	B	0.31%	0.23%	0.23%
	PH	B	0.16%	0.12%	0.12%
	PHM	B	0.06%	0.05%	0.05%
	PKG	B	0.04%	0.03%	0.03%
	PLD	C	0.26%	0.19%	0.19%
	PM	C	0.42%	0.3%	0.3%
	PNC	B	0.15%	0.11%	0.11%
	PODD	B	0.03%	0.02%	0.02%
	POOL	C	0.03%	0.02%	0.02%
	PPG	D	0.05%	0.04%	0.04%
	PPL	C	0.05%	0.04%	0.04%
	PRU	C	0.1%	0.07%	0.07%
	PSA	B	0.13%	0.09%	0.09%
	PSX	F	0.12%	0.09%	0.09%
	PTC	D	0.04%	0.03%	0.03%
	PWR	B	0.09%	0.06%	0.06%
	PYPL	B	0.15%	0.12%	0.12%
	QCOM	D	0.39%	0.28%	0.28%
	RCL	B	0.08%	0.05%	0.05%
	REGN	C	0.27%	0.18%	0.18%
	RF	B	0.04%	0.03%	0.03%
	RJF	C	0.05%	0.04%	0.04%
	RMD	C	0.08%	0.05%	0.05%
	ROK	D	0.06%	0.05%	0.05%
	ROP	C	0.13%	0.09%	0.09%
	ROST	C	0.11%	0.07%	0.07%
	RSG	D	0.08%	0.06%	0.06%
	RTX	C	0.35%	0.26%	0.26%
	SBAC	C	0.05%	0.04%	0.04%
	SBUX	C	0.24%	0.17%	0.17%
	SCHW	D	0.2%	0.13%	0.13%
	SHW	B	0.19%	0.13%	0.13%
	SJM	C	0.02%	0.02%	0.02%
	SLB	F	0.12%	0.09%	0.09%
	SMCI	F	0.04%	0.05%	0.04%
	SNPS	D	0.16%	0.11%	0.11%
	SO	B	0.21%	0.15%	0.15%
	SPG	B	0.12%	0.09%	0.09%
	SPGI	B	0.36%	0.25%	0.25%
	SRE	C	0.11%	0.08%	0.08%
	STE	C	0.04%	0.04%	0.04%
	STLD	F	0.04%	0.02%	0.02%
	STT	A	0.05%	0.04%	0.04%
	STX	C	0.04%	0.03%	0.03%
	STZ	D	0.08%	0.06%	0.06%
	SWK	B	0.03%	0.03%	0.03%
	SWKS	D	0.03%	0.02%	0.02%
	SYF	C	0.04%	0.03%	0.03%
	SYK	C	0.27%	0.18%	0.18%
	SYY	D	0.07%	0.06%	0.06%
	T	C	0.33%	0.24%	0.24%
	TDG	B	0.18%	0.09%	0.09%
	TDY	B	0.06%	0.03%	0.03%
	TER	D	0.04%	0.03%	0.03%
	TFC	C	0.12%	0.09%	0.09%
	TGT	C	0.14%	0.11%	0.11%
	TJX	B	0.29%	0.2%	0.2%
	TMO	B	0.5%	0.37%	0.37%
	TMUS	C	0.21%	0.15%	0.15%
	TRGP	B	0.07%	0.05%	0.05%
	TRMB	C	0.03%	0.02%	0.02%
	TROW	D	0.05%	0.04%	0.04%
	TRV	C	0.11%	0.09%	0.09%
	TSCO	C	0.06%	0.04%	0.04%
	TSLA	C	1.36%	1.28%	1.28%
	TSN	C	0.04%	0.03%	0.03%
	TT	B	0.16%	0.12%	0.12%
	TTWO	C	0.06%	0.04%	0.04%
	TXN	C	0.38%	0.28%	0.28%
	TXT	D	0.03%	0.03%	0.03%
	TYL	C	0.05%	0.03%	0.03%
	UAL	C	0.03%	0.02%	0.02%
	UBER	C	0.3%	0.21%	0.21%
	ULTA	D	0.05%	0.03%	0.03%
	UNH	C	1.15%	1.06%	1.06%
	UNP	C	0.33%	0.23%	0.23%
	UPS	D	0.2%	0.15%	0.15%
	URI	B	0.1%	0.07%	0.07%
	USB	B	0.14%	0.1%	0.1%
	V	C	0.95%	0.96%	0.95%
	VICI	C	0.08%	0.05%	0.05%
	VLO	F	0.09%	0.07%	0.07%
	VLTO	C	0.05%	0.03%	0.03%
	VMC	D	0.08%	0.05%	0.05%
	VRSK	D	0.07%	0.06%	0.06%
	VRSN	D	0.03%	0.03%	0.03%
	VRTX	D	0.26%	0.19%	0.19%
	VTR	C	0.05%	0.05%	0.05%
	VTRS	D	0.03%	0.02%	0.02%
	VZ	B	0.39%	0.29%	0.29%
	WAB	B	0.07%	0.05%	0.05%
	WAT	C	0.04%	0.03%	0.03%
	WBA	F	0.01%	0.01%	0.01%
	WBD	D	0.04%	0.03%	0.03%
	WDC	D	0.04%	0.03%	0.03%
	WEC	C	0.07%	0.04%	0.04%
	WELL	C	0.16%	0.1%	0.1%
	WFC	D	0.38%	0.3%	0.3%
	WM	D	0.17%	0.12%	0.12%
	WMB	B	0.12%	0.09%	0.09%
	WMT	C	0.72%	0.51%	0.51%
	WRB	C	0.04%	0.03%	0.03%
	WST	D	0.05%	0.03%	0.03%
	WTW	C	0.05%	0.04%	0.04%
	WY	C	0.05%	0.04%	0.04%
	XEL	B	0.07%	0.06%	0.06%
	XOM	C	1.06%	1.02%	1.02%
	XYL	C	0.07%	0.05%	0.05%
	YUM	D	0.09%	0.06%	0.06%
	ZBH	F	0.05%	0.03%	0.03%
	ZBRA	B	0.05%	0.02%	0.02%
	ZTS	C	0.19%	0.14%	0.14%

XCLR Overweight 78 Positions Relative to LGH

	Symbol	Grade	Weight
	NXPI	F	0.12%
	TEL	D	0.09%
	VST	C	0.06%
	LULU	D	0.06%
	SW	B	0.05%
	FFIV	B	0.04%
	SNA	C	0.04%
	APTV	D	0.04%
	BLDR	C	0.04%
	UHS	B	0.04%
	AMCR	B	0.03%
	ALLE	B	0.03%
	GNRC	D	0.03%
	AIZ	B	0.03%
	DOC	C	0.03%
	CRL	F	0.03%
	CE	F	0.03%
	MHK	C	0.03%
	ROL	C	0.03%
	PNR	B	0.03%
	IPG	C	0.03%
	UDR	C	0.03%
	AES	C	0.03%
	CCL	C	0.03%
	LYV	B	0.03%
	L	C	0.03%
	NI	B	0.03%
	NRG	C	0.03%
	NDSN	C	0.03%
	EG	C	0.03%
	CZR	C	0.02%
	FRT	C	0.02%
	FOXA	B	0.02%
	ETSY	F	0.02%
	TAP	D	0.02%
	AOS	D	0.02%
	GL	C	0.02%
	SOLV	C	0.02%
	AAL	D	0.02%
	TPR	C	0.02%
	IVZ	B	0.02%
	MGM	F	0.02%
	FMC	C	0.02%
	HRL	C	0.02%
	PNW	C	0.02%
	CPB	C	0.02%
	MOS	F	0.02%
	MTCH	C	0.02%
	HAS	B	0.02%
	DVA	B	0.02%
	HSIC	C	0.02%
	CTLT	B	0.02%
	TFX	C	0.02%
	CPT	B	0.02%
	CHRW	B	0.02%
	EMN	B	0.02%
	PAYC	D	0.02%
	INCY	C	0.02%
	TECH	C	0.02%
	MKTX	C	0.02%
	HII	D	0.02%
	REG	C	0.02%
	RL	C	0.02%
	KMX	D	0.02%
	JNPR	B	0.02%
	NWSA	D	0.02%
	WYNN	D	0.01%
	BWA	D	0.01%
	NWS	D	0.01%
	NCLH	C	0.01%
	QRVO	F	0.01%
	BXP	B	0.01%
	BBWI	F	0.01%
	FOX	B	0.01%
	DAY	D	0.01%
	PARA	F	0.01%
	BEN	F	0.01%
	BIO	C	0.01%

XCLR Underweight 40 Positions Relative to LGH

	Symbol	Grade	Weight
	SPXL	B	-16.93%
	PLTR	B	-0.1%
	TTD	B	-0.09%
	MRVL	C	-0.09%
	WDAY	D	-0.07%
	APO	C	-0.07%
	DASH	C	-0.06%
	VEEV	C	-0.06%
	SQ	D	-0.06%
	VRT	C	-0.06%
	LNG	C	-0.06%
	SNOW	F	-0.05%
	DELL	D	-0.05%
	DDOG	D	-0.05%
	ALNY	C	-0.05%
	COIN	F	-0.05%
	CSL	B	-0.04%
	NET	D	-0.04%
	TEAM	D	-0.04%
	NVR	B	-0.04%
	ILMN	C	-0.04%
	ENTG	F	-0.03%
	RBLX	B	-0.03%
	BAH	C	-0.03%
	SUI	B	-0.03%
	MDB	D	-0.03%
	PINS	F	-0.03%
	TRU	B	-0.03%
	MKL	C	-0.03%
	TPL	B	-0.03%
	ARES	B	-0.03%
	HUBS	D	-0.03%
	WPC	C	-0.02%
	RPM	B	-0.02%
	BMRN	F	-0.02%
	LPLA	D	-0.02%
	SSNC	B	-0.02%
	AVTR	B	-0.02%
	RS	D	-0.02%
	ZM	C	-0.02%

XCLR: 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

LGH: Top Represented Industries & Keywords

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

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