-
Posted by
Two Blokes Jun 7 -
Filed in
Stock
-
2 views
HKND comprises 850+ U.S. companies selected and weighted based on a proprietary "humankind value" score. Its expense ratio is 0.11% and the ETF has $151M in assets. Performance has been poor since its launch on February 23, 2021. HKND has trailed its S&P 1500 Composite Index and its more realistic peers in the large-cap value category. My analysis reveals diversification as a potential source of inconsistent returns, given how Health Care exposure totals 40%. The quality is only average, too.
