Humankind US Stock ETF

HKND

Market cap $141M

NEW YORK--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: HUMANKIND INVESTMENTS ANNOUNCES LIQUIDATION OF THE HUMANKIND US STOCK ETF The last day of trading will be December 1, 2025. Upon the recommendation of Humankind Investments LLC, the Directors of the Humankind Benefit Corporation (the "Board") has authorized an orderly liquidation of the Humankind US Stock ETF (NYSE: HKND; the "Fund"). After careful con.

NEW YORK--(BUSINESS WIRE)--Upon the recommendation of Humankind Investments LLC, the Directors of the Humankind Benefit Corporation (the "Board") has authorized an orderly liquidation of the Humankind US Stock ETF (NYSE: HKND; the "Fund"). After careful consideration of a number of factors, including its inability to attract sufficient investment assets, the Board concluded that it is advisable and in the best interest of the Fund and its shareholders to liquidate the Fund. The last day of trad.

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.