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ETFs

Humankind US Stock ETF

HKND
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 24 2021
Expense Ratio
0.11%
Type
US Equities
Fund Owner
Humankind
Volume (1m avg. daily)
$58,768
AUM
$128,061,000
Associated Index
Humankind US Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

MSFT
Microsoft Corporation
4.03%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
3.96%
PG
Procter & Gamble Co.
3.76%
AAPL
Apple Inc
3.47%
ADM
Archer Daniels Midland Co.
2.42%
JNJ
Johnson & Johnson
2.24%
LLY
Lilly(Eli) & Co
2.22%
DE
Deere & Co.
1.93%
ECL
Ecolab, Inc.
1.90%
CTVA
Corteva Inc
1.88%
Invest with HKND

What is HKND?

The Humankind US Stock ETF (HKND) seeks to provide investment results that, before fees and expenses, correspond closely to the total return performance of the Humankind US Equity Index. Through its utilization of a Humankind Value, the Index is designed to help investors align their portfolio in a manner that accounts for the economic impact of their portfolio on humankind.The Index methodology takes into consideration a company s investor value, consumer value, employee value, and societal value. It then adjusts on the basis of the company s supply chain relationships. The Index is composed of the common stocks of domestic (US) companies that were chosen based on their positive Humankind Values and weighted in the Index according to these assigned scores, subject to certain prescribed liquidity and diversification adjustments.

ETFs related toHKND

ETFs correlated to HKND include ILCV, QUS, JHML

HKND
Humankind Benefit Corporation - Humankind US Stock ETF
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF
QUS
SPDR Series Trust - SPDR MSCI USA StrategicFactors SM ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
EQWL
Invesco Capital Management LLC - Invesco Russell Top 200 Equal Weight ETF
FDRR
Fidelity Covington Trust - Fidelity Dividend ETF for Rising Rates
IUS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco RAFI Strategic US ETF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
VLU
SPDR Series Trust - SPDR S&P 1500 Value Tilt ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toHKND

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with HKND using Composer

FAQ

HKND is a US Equities ETF. The Humankind US Stock ETF (HKND) seeks to provide investment results that, before fees and expenses, correspond closely to the total return performance of the Humankind US Equity Index. Through its utilization of a Humankind Value, the Index is designed to help investors align their portfolio in a manner that accounts for the economic impact of their portfolio on humankind.The Index methodology takes into consideration a company s investor value, consumer value, employee value, and societal value. It then adjusts on the basis of the company s supply chain relationships. The Index is composed of the common stocks of domestic (US) companies that were chosen based on their positive Humankind Values and weighted in the Index according to these assigned scores, subject to certain prescribed liquidity and diversification adjustments.

HKND tracks the Humankind US Equity Index.

No, HKND is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HKND is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HKND is 0.0144%. This is the percent change in the value of HKND over the most recent 1-month period. The 3-month return on HKND is 0.0528%. This is the percent change in the value of HKND over the most recent 3-month period.

The standard deviation of HKND for the past year is 0.1798%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HKND include SUSA, IGE, and SPHQ.

ETFs correlated to HKND include ILCV, QUS, and JHML.

ETFs that are inversely correlated to HKND include SH, SPDN, and SDS.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.