ZZZ vs. HCMT ETF Comparison

Comparison of Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ) to Direxion HCM Tactical Enhanced US ETF (HCMT)

ZZZ

Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF

ZZZ Description

ZZZ blends two indices, splitting investments between traditional equities and Bitcoin futures. Approximately 75% of the funds assets are allocated to US large-cap stocks featured in the S&P 500. Simultaneously, the remaining 25% is dedicated to Bitcoin futures obtained through its wholly-owned Cayman Islands subsidiary. The fund rebalances monthly to maintain the 75/25 allocation, though the adviser retains the flexibility to rebalance more frequently during periods of significant price volatility. Note that the fund does not invest directly in Bitcoin, instead opting for USD-settled, front-month CME Bitcoin futures contracts. These contracts are typically rolled over in the last week of each month, although adjustments may occur based on prevailing market conditions. The fund holds high-quality securities, including US government securities, money market funds, and short-term corporate debts to manage risks associated with the contracts.

Grade (RS Rating)

Last Trade

$27.53

Average Daily Volume

639

Number of Holdings ^*

479

* may have additional holdings in another (foreign) market

HCMT

Direxion HCM Tactical Enhanced US ETF

HCMT Description

The fund is actively managed and seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. The fund will invest in, to have exposure to, U.S. equity securities in order to achieve capital appreciation, or will invest in cash or cash equivalents in order to attempt to preserve capital during market downturns. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.78

Average Daily Volume

50,570

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	ZZZ	HCMT
30 Days	9.03%	1.60%
60 Days	10.04%	6.68%
90 Days	11.54%	7.02%
12 Months		50.57%

469 Overlapping Holdings

Symbol	Grade	Weight in ZZZ	Weight in HCMT	Overlap
A	F	0.05%	0.06%	0.05%
AAPL	C	3.62%	5.45%	3.62%
ABBV	F	0.33%	0.47%	0.33%
ABNB	D	0.06%	0.09%	0.06%
ABT	A	0.22%	0.31%	0.22%
ACGL	D	0.05%	0.06%	0.05%
ACN	C	0.24%	0.36%	0.24%
ADBE	D	0.24%	0.37%	0.24%
ADI	D	0.12%	0.17%	0.12%
ADM	D	0.03%	0.04%	0.03%
ADP	B	0.14%	0.19%	0.14%
ADSK	B	0.07%	0.1%	0.07%
AEE	A	0.03%	0.04%	0.03%
AEP	C	0.05%	0.08%	0.05%
AES	F	0.01%	0.02%	0.01%
AFL	C	0.06%	0.09%	0.06%
AIG	C	0.06%	0.08%	0.06%
AIZ	A	0.02%	0.02%	0.02%
AJG	B	0.07%	0.1%	0.07%
AKAM	F	0.01%	0.02%	0.01%
ALB	B	0.01%	0.02%	0.01%
ALGN	D	0.02%	0.02%	0.02%
ALL	A	0.07%	0.08%	0.07%
ALLE	D	0.02%	0.02%	0.02%
AMAT	F	0.17%	0.24%	0.17%
AMCR	D	0.02%	0.02%	0.02%
AMD	F	0.26%	0.35%	0.26%
AME	A	0.04%	0.07%	0.04%
AMGN	D	0.17%	0.25%	0.17%
AMP	A	0.06%	0.09%	0.06%
AMT	D	0.11%	0.14%	0.11%
AMZN	B	2.12%	3.1%	2.12%
ANET	C	0.09%	0.16%	0.09%
ANSS	B	0.04%	0.05%	0.04%
AON	B	0.09%	0.13%	0.09%
AOS	F	0.01%	0.01%	0.01%
APA	F	0.01%	0.01%	0.01%
APD	A	0.07%	0.11%	0.07%
APH	B	0.1%	0.14%	0.1%
APTV	F	0.02%	0.02%	0.02%
ARE	F	0.02%	0.03%	0.02%
ATO	A	0.02%	0.04%	0.02%
AVB	B	0.03%	0.05%	0.03%
AVGO	C	0.81%	1.25%	0.81%
AVY	D	0.02%	0.03%	0.02%
AWK	C	0.03%	0.04%	0.03%
AXON	A	0.07%	0.07%	0.07%
AXP	B	0.2%	0.25%	0.2%
BA	D	0.1%	0.16%	0.1%
BAC	A	0.35%	0.49%	0.35%
BALL	D	0.02%	0.03%	0.02%
BAX	F	0.02%	0.03%	0.02%
BBY	D	0.02%	0.03%	0.02%
BDX	F	0.08%	0.1%	0.08%
BEN	C	0.01%	0.01%	0.01%
BG	D	0.01%	0.02%	0.01%
BIIB	F	0.02%	0.04%	0.02%
BK	B	0.07%	0.09%	0.07%
BKR	B	0.05%	0.07%	0.05%
BLDR	D	0.02%	0.03%	0.02%
BMY	A	0.13%	0.19%	0.13%
BR	B	0.03%	0.04%	0.03%
BRK.A	B	0.94%	1.35%	0.94%
BRO	B	0.03%	0.04%	0.03%
BSX	A	0.14%	0.2%	0.14%
BWA	D	0.01%	0.01%	0.01%
BX	A	0.14%	0.21%	0.14%
BXP	D	0.01%	0.02%	0.01%
C	B	0.15%	0.2%	0.15%
CAG	F	0.02%	0.02%	0.02%
CAH	B	0.03%	0.05%	0.03%
CARR	D	0.07%	0.1%	0.07%
CAT	C	0.22%	0.3%	0.22%
CB	C	0.13%	0.17%	0.13%
CBOE	C	0.02%	0.03%	0.02%
CBRE	B	0.05%	0.06%	0.05%
CCI	C	0.05%	0.07%	0.05%
CCL	A	0.03%	0.04%	0.03%
CDNS	B	0.1%	0.13%	0.1%
CDW	F	0.02%	0.04%	0.02%
CE	F	0.01%	0.01%	0.01%
CEG	C	0.08%	0.11%	0.08%
CF	A	0.02%	0.02%	0.02%
CFG	B	0.03%	0.03%	0.03%
CHD	A	0.02%	0.04%	0.02%
CHRW	B	0.01%	0.02%	0.01%
CHTR	B	0.04%	0.06%	0.04%
CI	D	0.11%	0.14%	0.11%
CINF	A	0.03%	0.04%	0.03%
CL	D	0.08%	0.12%	0.08%
CLX	A	0.02%	0.03%	0.02%
CMCSA	B	0.2%	0.26%	0.2%
CME	A	0.1%	0.13%	0.1%
CMI	A	0.04%	0.08%	0.04%
CMS	C	0.02%	0.03%	0.02%
CNC	F	0.03%	0.05%	0.03%
CNP	A	0.02%	0.03%	0.02%
COF	B	0.08%	0.11%	0.08%
COP	B	0.15%	0.21%	0.15%
COR	B	0.06%	0.07%	0.06%
COST	A	0.42%	0.64%	0.42%
CPAY	A	0.04%	0.04%	0.04%
CPB	D	0.01%	0.01%	0.01%
CPRT	B	0.06%	0.08%	0.06%
CPT	C	0.01%	0.02%	0.01%
CRL	D	0.02%	0.02%	0.02%
CRM	B	0.38%	0.51%	0.38%
CSCO	B	0.26%	0.37%	0.26%
CSGP	F	0.03%	0.05%	0.03%
CSX	C	0.08%	0.11%	0.08%
CTAS	B	0.1%	0.12%	0.1%
CTLT	D	0.01%	0.02%	0.01%
CTRA	B	0.02%	0.03%	0.02%
CTSH	C	0.05%	0.06%	0.05%
CTVA	C	0.05%	0.06%	0.05%
CVS	F	0.08%	0.11%	0.08%
CVX	A	0.3%	0.43%	0.3%
CZR	F	0.01%	0.01%	0.01%
D	C	0.05%	0.07%	0.05%
DAL	A	0.04%	0.07%	0.04%
DAY	B	0.02%	0.02%	0.02%
DD	D	0.04%	0.05%	0.04%
DE	C	0.13%	0.16%	0.13%
DFS	B	0.04%	0.07%	0.04%
DG	F	0.02%	0.03%	0.02%
DGX	A	0.02%	0.03%	0.02%
DHI	D	0.05%	0.08%	0.05%
DHR	D	0.16%	0.24%	0.16%
DIS	B	0.2%	0.31%	0.2%
DLR	A	0.06%	0.09%	0.06%
DLTR	F	0.01%	0.02%	0.01%
DOC	D	0.01%	0.02%	0.01%
DOV	B	0.02%	0.04%	0.02%
DOW	F	0.04%	0.05%	0.04%
DRI	C	0.02%	0.03%	0.02%
DTE	C	0.03%	0.04%	0.03%
DUK	C	0.1%	0.13%	0.1%
DVA	C	0.02%	0.01%	0.01%
DVN	F	0.03%	0.04%	0.03%
DXCM	C	0.03%	0.05%	0.03%
EA	A	0.04%	0.06%	0.04%
EBAY	D	0.03%	0.05%	0.03%
ECL	D	0.08%	0.1%	0.08%
ED	C	0.03%	0.05%	0.03%
EFX	F	0.03%	0.05%	0.03%
EIX	C	0.04%	0.05%	0.04%
EL	F	0.01%	0.02%	0.01%
ELV	F	0.09%	0.15%	0.09%
EMN	D	0.01%	0.02%	0.01%
EMR	A	0.09%	0.12%	0.09%
ENPH	F	0.01%	0.01%	0.01%
EOG	A	0.09%	0.12%	0.09%
EPAM	C	0.03%	0.02%	0.02%
EQIX	A	0.1%	0.13%	0.1%
EQR	C	0.02%	0.04%	0.02%
EQT	A	0.02%	0.04%	0.02%
ES	C	0.02%	0.03%	0.02%
ESS	A	0.03%	0.03%	0.03%
ETN	B	0.17%	0.23%	0.17%
ETR	A	0.03%	0.05%	0.03%
EVRG	A	0.01%	0.02%	0.01%
EW	C	0.04%	0.06%	0.04%
EXC	C	0.04%	0.06%	0.04%
EXPD	D	0.01%	0.03%	0.01%
EXPE	B	0.02%	0.04%	0.02%
EXR	C	0.04%	0.05%	0.04%
F	C	0.05%	0.07%	0.05%
FANG	D	0.04%	0.05%	0.04%
FAST	B	0.06%	0.07%	0.06%
FCX	F	0.07%	0.1%	0.07%
FDX	B	0.06%	0.1%	0.06%
FE	C	0.02%	0.03%	0.02%
FFIV	B	0.03%	0.02%	0.02%
FI	A	0.14%	0.19%	0.14%
FIS	C	0.06%	0.08%	0.06%
FITB	B	0.04%	0.05%	0.04%
FMC	D	0.01%	0.01%	0.01%
FOX	A	0.0%	0.01%	0.0%
FOXA	B	0.01%	0.02%	0.01%
FRT	B	0.01%	0.01%	0.01%
FSLR	F	0.02%	0.03%	0.02%
FTNT	B	0.07%	0.09%	0.07%
FTV	D	0.03%	0.04%	0.03%
GD	D	0.07%	0.12%	0.07%
GE	D	0.23%	0.3%	0.23%
GEHC	D	0.04%	0.06%	0.04%
GEN	B	0.02%	0.03%	0.02%
GEV	A	0.08%	0.14%	0.08%
GILD	C	0.13%	0.18%	0.13%
GIS	F	0.04%	0.06%	0.04%
GL	C	0.01%	0.02%	0.01%
GLW	B	0.04%	0.06%	0.04%
GM	B	0.09%	0.1%	0.09%
GNRC	B	0.02%	0.02%	0.02%
GOOG	B	1.0%	1.34%	1.0%
GOOGL	B	1.17%	1.62%	1.17%
GPC	F	0.01%	0.03%	0.01%
GPN	C	0.04%	0.05%	0.04%
GRMN	B	0.05%	0.05%	0.05%
GS	B	0.2%	0.29%	0.2%
HAL	C	0.03%	0.04%	0.03%
HAS	D	0.01%	0.01%	0.01%
HBAN	B	0.03%	0.04%	0.03%
HCA	F	0.08%	0.1%	0.08%
HD	A	0.45%	0.63%	0.45%
HES	B	0.05%	0.06%	0.05%
HIG	B	0.04%	0.05%	0.04%
HLT	A	0.08%	0.1%	0.08%
HOLX	D	0.02%	0.03%	0.02%
HON	B	0.18%	0.24%	0.18%
HPE	B	0.03%	0.04%	0.03%
HPQ	B	0.04%	0.06%	0.04%
HRL	D	0.01%	0.01%	0.01%
HSIC	C	0.01%	0.01%	0.01%
HST	D	0.01%	0.02%	0.01%
HSY	F	0.02%	0.04%	0.02%
HUBB	B	0.05%	0.04%	0.04%
HUM	D	0.03%	0.05%	0.03%
HWM	A	0.05%	0.07%	0.05%
IBM	C	0.21%	0.3%	0.21%
ICE	C	0.11%	0.14%	0.11%
IDXX	F	0.05%	0.05%	0.05%
IEX	B	0.03%	0.03%	0.03%
IFF	D	0.03%	0.04%	0.03%
INCY	C	0.02%	0.02%	0.02%
INTC	C	0.11%	0.17%	0.11%
INTU	B	0.24%	0.31%	0.24%
INVH	D	0.02%	0.03%	0.02%
IP	A	0.02%	0.03%	0.02%
IPG	F	0.01%	0.02%	0.01%
IQV	F	0.05%	0.06%	0.05%
IR	B	0.05%	0.07%	0.05%
IRM	C	0.04%	0.05%	0.04%
ISRG	A	0.18%	0.3%	0.18%
IT	C	0.06%	0.06%	0.06%
ITW	B	0.09%	0.11%	0.09%
IVZ	C	0.01%	0.01%	0.01%
J	D	0.02%	0.03%	0.02%
JBHT	C	0.02%	0.02%	0.02%
JBL	C	0.01%	0.02%	0.01%
JCI	B	0.07%	0.09%	0.07%
JKHY	D	0.02%	0.02%	0.02%
JNJ	D	0.41%	0.57%	0.41%
JNPR	D	0.01%	0.02%	0.01%
JPM	A	0.78%	1.08%	0.78%
K	B	0.03%	0.03%	0.03%
KDP	D	0.04%	0.06%	0.04%
KEY	B	0.02%	0.03%	0.02%
KEYS	C	0.04%	0.04%	0.04%
KHC	F	0.03%	0.04%	0.03%
KIM	A	0.02%	0.03%	0.02%
KLAC	F	0.07%	0.14%	0.07%
KMB	C	0.04%	0.07%	0.04%
KMI	A	0.06%	0.08%	0.06%
KMX	C	0.02%	0.02%	0.02%
KO	D	0.27%	0.38%	0.27%
KR	B	0.05%	0.06%	0.05%
KVUE	A	0.05%	0.07%	0.05%
L	A	0.02%	0.02%	0.02%
LDOS	C	0.02%	0.04%	0.02%
LEN	D	0.04%	0.06%	0.04%
LH	B	0.03%	0.03%	0.03%
LHX	B	0.06%	0.07%	0.06%
LIN	D	0.26%	0.34%	0.26%
LKQ	F	0.01%	0.02%	0.01%
LLY	F	0.66%	0.98%	0.66%
LMT	D	0.13%	0.18%	0.13%
LNT	A	0.02%	0.02%	0.02%
LOW	C	0.18%	0.24%	0.18%
LRCX	F	0.09%	0.15%	0.09%
LULU	C	0.04%	0.06%	0.04%
LUV	B	0.02%	0.03%	0.02%
LVS	B	0.02%	0.03%	0.02%
LW	C	0.01%	0.02%	0.01%
LYB	F	0.03%	0.03%	0.03%
LYV	A	0.01%	0.03%	0.01%
MA	B	0.48%	0.67%	0.48%
MAA	A	0.02%	0.03%	0.02%
MAR	B	0.06%	0.1%	0.06%
MAS	D	0.02%	0.03%	0.02%
MCD	D	0.24%	0.34%	0.24%
MCHP	F	0.04%	0.06%	0.04%
MCK	A	0.07%	0.12%	0.07%
MCO	D	0.11%	0.12%	0.11%
MDLZ	F	0.1%	0.14%	0.1%
MDT	D	0.13%	0.17%	0.13%
MET	A	0.06%	0.08%	0.06%
META	C	1.42%	1.98%	1.42%
MGM	D	0.01%	0.01%	0.01%
MHK	D	0.02%	0.01%	0.01%
MKC	D	0.02%	0.03%	0.02%
MLM	B	0.07%	0.06%	0.06%
MMC	D	0.13%	0.17%	0.13%
MMM	D	0.07%	0.11%	0.07%
MNST	C	0.04%	0.06%	0.04%
MO	A	0.1%	0.15%	0.1%
MOH	F	0.04%	0.03%	0.03%
MOS	D	0.01%	0.01%	0.01%
MPC	D	0.07%	0.08%	0.07%
MRK	F	0.28%	0.39%	0.28%
MRNA	F	0.01%	0.02%	0.01%
MRO	A	0.02%	0.03%	0.02%
MS	A	0.18%	0.26%	0.18%
MSCI	B	0.07%	0.07%	0.07%
MSFT	D	3.46%	4.99%	3.46%
MSI	B	0.11%	0.13%	0.11%
MTB	A	0.05%	0.06%	0.05%
MTCH	F	0.01%	0.01%	0.01%
MU	D	0.13%	0.17%	0.13%
NCLH	B	0.01%	0.02%	0.01%
NDAQ	A	0.03%	0.05%	0.03%
NDSN	D	0.03%	0.02%	0.02%
NEE	C	0.17%	0.24%	0.17%
NEM	D	0.05%	0.07%	0.05%
NFLX	A	0.37%	0.56%	0.37%
NI	A	0.02%	0.03%	0.02%
NKE	F	0.1%	0.14%	0.1%
NOC	D	0.06%	0.11%	0.06%
NOW	B	0.24%	0.34%	0.24%
NRG	B	0.02%	0.03%	0.02%
NSC	B	0.06%	0.09%	0.06%
NTAP	C	0.03%	0.04%	0.03%
NTRS	A	0.02%	0.03%	0.02%
NUE	D	0.03%	0.05%	0.03%
NVDA	A	4.04%	5.67%	4.04%
NWS	A	0.0%	0.01%	0.0%
NWSA	B	0.01%	0.02%	0.01%
NXPI	F	0.08%	0.09%	0.08%
O	C	0.04%	0.08%	0.04%
ODFL	B	0.05%	0.07%	0.05%
OKE	A	0.07%	0.1%	0.07%
OMC	C	0.02%	0.03%	0.02%
ON	F	0.03%	0.05%	0.03%
ORCL	A	0.34%	0.47%	0.34%
ORLY	B	0.14%	0.11%	0.11%
OTIS	C	0.04%	0.06%	0.04%
OXY	F	0.04%	0.05%	0.04%
PANW	B	0.13%	0.2%	0.13%
PARA	D	0.01%	0.01%	0.01%
PAYX	B	0.05%	0.07%	0.05%
PCAR	C	0.07%	0.09%	0.07%
PCG	A	0.05%	0.07%	0.05%
PEG	C	0.05%	0.07%	0.05%
PEP	F	0.26%	0.36%	0.26%
PFE	F	0.17%	0.23%	0.17%
PFG	C	0.02%	0.03%	0.02%
PG	C	0.43%	0.62%	0.43%
PGR	B	0.18%	0.24%	0.18%
PH	B	0.08%	0.14%	0.08%
PHM	D	0.03%	0.04%	0.03%
PKG	B	0.03%	0.03%	0.03%
PLD	D	0.11%	0.17%	0.11%
PM	A	0.21%	0.31%	0.21%
PNC	B	0.1%	0.13%	0.1%
PNR	B	0.02%	0.03%	0.02%
PNW	B	0.01%	0.02%	0.01%
PODD	B	0.03%	0.03%	0.03%
PPG	F	0.03%	0.05%	0.03%
PPL	A	0.03%	0.04%	0.03%
PRU	B	0.06%	0.07%	0.06%
PSA	C	0.07%	0.08%	0.07%
PSX	C	0.06%	0.09%	0.06%
PTC	B	0.02%	0.04%	0.02%
PWR	A	0.04%	0.07%	0.04%
PYPL	B	0.11%	0.14%	0.11%
QCOM	F	0.2%	0.29%	0.2%
QRVO	F	0.01%	0.01%	0.01%
RCL	A	0.05%	0.09%	0.05%
REG	A	0.02%	0.02%	0.02%
REGN	F	0.09%	0.13%	0.09%
RF	A	0.03%	0.04%	0.03%
RJF	A	0.04%	0.05%	0.04%
RMD	C	0.03%	0.05%	0.03%
ROK	B	0.03%	0.05%	0.03%
ROL	B	0.02%	0.02%	0.02%
ROP	C	0.06%	0.1%	0.06%
ROST	D	0.05%	0.07%	0.05%
RSG	A	0.05%	0.07%	0.05%
RTX	D	0.19%	0.25%	0.19%
RVTY	D	0.01%	0.02%	0.01%
SBAC	D	0.02%	0.04%	0.02%
SBUX	A	0.12%	0.18%	0.12%
SCHW	A	0.13%	0.19%	0.13%
SHW	C	0.09%	0.14%	0.09%
SJM	D	0.01%	0.02%	0.01%
SLB	C	0.07%	0.1%	0.07%
SNA	B	0.04%	0.03%	0.03%
SNPS	C	0.12%	0.13%	0.12%
SO	C	0.11%	0.15%	0.11%
SOLV	F	0.01%	0.01%	0.01%
SPG	A	0.06%	0.09%	0.06%
SPGI	D	0.17%	0.26%	0.17%
SRE	A	0.06%	0.09%	0.06%
STE	D	0.03%	0.03%	0.03%
STLD	B	0.03%	0.03%	0.03%
STT	B	0.03%	0.04%	0.03%
STX	D	0.02%	0.03%	0.02%
STZ	D	0.05%	0.06%	0.05%
SW	A	0.02%	0.04%	0.02%
SWK	F	0.02%	0.02%	0.02%
SWKS	F	0.02%	0.02%	0.02%
SYF	B	0.03%	0.04%	0.03%
SYK	A	0.13%	0.21%	0.13%
SYY	D	0.04%	0.06%	0.04%
T	A	0.18%	0.25%	0.18%
TAP	B	0.01%	0.02%	0.01%
TDG	D	0.15%	0.11%	0.11%
TECH	F	0.02%	0.02%	0.02%
TER	F	0.02%	0.03%	0.02%
TFC	A	0.07%	0.1%	0.07%
TGT	B	0.09%	0.11%	0.09%
TJX	A	0.15%	0.21%	0.15%
TMO	F	0.24%	0.32%	0.24%
TMUS	B	0.13%	0.18%	0.13%
TPR	B	0.01%	0.02%	0.01%
TRGP	A	0.04%	0.07%	0.04%
TRMB	B	0.02%	0.03%	0.02%
TROW	B	0.03%	0.04%	0.03%
TRV	A	0.06%	0.09%	0.06%
TSCO	D	0.03%	0.05%	0.03%
TSLA	A	0.9%	1.36%	0.9%
TSN	B	0.02%	0.03%	0.02%
TT	A	0.09%	0.15%	0.09%
TTWO	A	0.04%	0.05%	0.04%
TXN	C	0.22%	0.3%	0.22%
TXT	D	0.02%	0.03%	0.02%
UAL	A	0.03%	0.05%	0.03%
UBER	F	0.16%	0.24%	0.16%
UDR	C	0.01%	0.02%	0.01%
UHS	D	0.02%	0.02%	0.02%
UNH	C	0.62%	0.86%	0.62%
UNP	D	0.16%	0.23%	0.16%
UPS	C	0.1%	0.15%	0.1%
URI	B	0.1%	0.09%	0.09%
USB	B	0.09%	0.12%	0.09%
V	A	0.56%	0.81%	0.56%
VICI	C	0.04%	0.05%	0.04%
VLO	C	0.05%	0.07%	0.05%
VLTO	C	0.02%	0.04%	0.02%
VMC	B	0.03%	0.06%	0.03%
VRSK	B	0.03%	0.06%	0.03%
VRSN	F	0.02%	0.02%	0.02%
VRTX	D	0.17%	0.2%	0.17%
VTR	B	0.03%	0.04%	0.03%
VTRS	A	0.02%	0.02%	0.02%
VZ	C	0.19%	0.27%	0.19%
WAB	B	0.04%	0.05%	0.04%
WAT	C	0.04%	0.04%	0.04%
WBA	F	0.01%	0.01%	0.01%
WBD	B	0.02%	0.03%	0.02%
WDC	F	0.02%	0.03%	0.02%
WEC	A	0.03%	0.05%	0.03%
WELL	A	0.08%	0.12%	0.08%
WFC	A	0.29%	0.39%	0.29%
WM	B	0.1%	0.13%	0.1%
WMB	A	0.08%	0.11%	0.08%
WMT	A	0.4%	0.58%	0.4%
WRB	B	0.02%	0.03%	0.02%
WST	D	0.04%	0.04%	0.04%
WTW	B	0.04%	0.05%	0.04%
WY	D	0.02%	0.04%	0.02%
WYNN	D	0.01%	0.01%	0.01%
XEL	A	0.04%	0.06%	0.04%
XOM	B	0.6%	0.84%	0.6%
XYL	D	0.03%	0.05%	0.03%
YUM	D	0.05%	0.06%	0.05%
ZBH	C	0.02%	0.03%	0.02%
ZBRA	B	0.05%	0.03%	0.03%
ZTS	D	0.1%	0.12%	0.1%

ZZZ Overweight 10 Positions Relative to HCMT

Symbol	Grade	Weight
ILMN	C	0.03%
ETSY	D	0.01%
ZION	B	0.01%
VFC	C	0.01%
BBWI	C	0.01%
CMA	B	0.01%
RHI	C	0.01%
AAL	B	0.01%
WHR	B	0.01%
XRAY	D	0.0%

ZZZ Underweight 30 Positions Relative to HCMT

Symbol	Grade	Weight
BKNG	A	-0.26%
BLK	B	-0.23%
PLTR	A	-0.19%
KKR	A	-0.16%
CMG	C	-0.13%
CRWD	B	-0.12%
FICO	B	-0.09%
AZO	C	-0.08%
GWW	B	-0.08%
VST	A	-0.07%
DELL	B	-0.06%
TDY	B	-0.04%
MTD	F	-0.04%
GDDY	A	-0.04%
TYL	B	-0.04%
DECK	A	-0.04%
MPWR	F	-0.04%
NVR	D	-0.04%
EG	D	-0.03%
ULTA	F	-0.03%
FDS	B	-0.03%
ERIE	F	-0.02%
MKTX	D	-0.02%
PAYC	B	-0.02%
POOL	D	-0.02%
DPZ	C	-0.02%
HII	F	-0.01%
RL	C	-0.01%
SMCI	F	-0.01%
TFX	F	-0.01%