AFLG vs. NZAC ETF Comparison

Comparison of Active Factor Large Cap ETF (AFLG) to SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.90

Average Daily Volume

35,934

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

NZAC Description

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to exceed the minimum standards for a "Paris-Aligned Benchmark" under the EU BMR. A Paris-Aligned Benchmark is designed to align with a principal objective of the Paris Agreement to limit the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels.

Grade (RS Rating)

Last Trade

$37.41

Average Daily Volume

6,937

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

Performance

Period	AFLG	NZAC
30 Days	4.50%	0.97%
60 Days	5.60%	0.81%
90 Days	7.89%	2.64%
12 Months	37.65%	25.98%

142 Overlapping Holdings

Symbol	Grade	Weight in AFLG	Weight in NZAC	Overlap
AAPL	C	7.06%	4.47%	4.47%
ABBV	D	0.82%	0.34%	0.34%
ABBV	D	0.82%	0.6%	0.6%
ACGL	D	0.17%	0.12%	0.12%
ACN	C	0.22%	0.39%	0.22%
ADBE	C	0.31%	0.35%	0.31%
AFL	B	0.75%	0.28%	0.28%
AIG	B	0.28%	0.14%	0.14%
AIZ	A	0.16%	0.09%	0.09%
ALL	A	0.08%	0.14%	0.08%
ALLE	D	0.01%	0.09%	0.01%
ALNY	D	0.21%	0.03%	0.03%
AMAT	F	0.34%	0.12%	0.12%
AMP	A	0.16%	0.16%	0.16%
AMZN	C	1.78%	2.38%	1.78%
ANET	C	0.13%	0.06%	0.06%
APH	A	0.58%	0.11%	0.11%
AVB	B	0.05%	0.12%	0.05%
AVGO	D	1.27%	1.1%	1.1%
AXP	A	0.41%	0.36%	0.36%
AZO	C	0.17%	0.1%	0.1%
BAH	F	0.17%	0.03%	0.03%
BBWI	D	0.13%	0.01%	0.01%
BK	A	0.73%	0.13%	0.13%
BKNG	A	0.28%	0.24%	0.24%
BLK	C	0.09%	0.27%	0.09%
BMY	B	0.58%	0.24%	0.24%
BRK.A	B	1.57%	0.39%	0.39%
BRO	B	0.3%	0.05%	0.05%
BSX	B	0.68%	0.31%	0.31%
CBOE	B	0.38%	0.03%	0.03%
CDW	F	0.03%	0.13%	0.03%
CEG	D	0.62%	0.04%	0.04%
CMCSA	B	0.55%	0.25%	0.25%
CME	A	0.23%	0.12%	0.12%
CMG	B	0.32%	0.07%	0.07%
CRM	B	0.59%	0.42%	0.42%
CSCO	B	0.44%	0.4%	0.4%
CTAS	B	0.7%	0.04%	0.04%
CTSH	B	0.45%	0.08%	0.08%
DASH	A	0.06%	0.02%	0.02%
DHI	D	0.32%	0.06%	0.06%
EA	A	0.32%	0.01%	0.01%
EBAY	D	0.1%	0.14%	0.1%
ECL	D	0.52%	0.06%	0.06%
EG	C	0.15%	0.03%	0.03%
EIX	B	0.23%	0.81%	0.23%
ELV	F	0.67%	0.17%	0.17%
EPAM	C	0.05%	0.01%	0.01%
EQH	B	0.0%	0.1%	0.0%
EQR	B	0.1%	0.07%	0.07%
ERIE	D	0.24%	0.03%	0.03%
ESS	B	0.05%	0.1%	0.05%
ETN	A	0.55%	0.28%	0.28%
FFIV	B	0.6%	0.18%	0.18%
FI	A	0.12%	0.18%	0.12%
FIS	C	0.36%	0.07%	0.07%
FOXA	B	0.55%	0.04%	0.04%
GDDY	A	0.55%	0.03%	0.03%
GILD	C	0.57%	0.06%	0.06%
GOOGL	C	2.04%	1.03%	1.03%
GRMN	B	0.41%	0.08%	0.08%
GWW	B	0.2%	0.21%	0.2%
HIG	B	1.11%	0.12%	0.12%
HLT	A	0.36%	0.02%	0.02%
HOLX	D	0.04%	0.05%	0.04%
HSIC	B	0.39%	0.05%	0.05%
HUM	C	0.17%	0.06%	0.06%
IBM	C	0.44%	0.6%	0.44%
ICE	C	0.4%	0.13%	0.13%
INCY	C	0.22%	0.01%	0.01%
IPG	D	0.07%	0.01%	0.01%
IT	C	0.12%	0.03%	0.03%
JNJ	D	0.7%	0.62%	0.62%
KEYS	A	0.22%	0.06%	0.06%
KLAC	D	0.1%	0.15%	0.1%
LEN	D	0.32%	0.06%	0.06%
LH	C	0.09%	0.02%	0.02%
LKQ	D	0.16%	0.03%	0.03%
LLY	F	0.42%	0.94%	0.42%
LOW	D	0.31%	0.25%	0.25%
MA	C	0.21%	0.65%	0.21%
MAS	D	0.5%	0.01%	0.01%
MCO	B	0.05%	0.22%	0.05%
MET	A	0.04%	0.21%	0.04%
META	D	1.8%	1.62%	1.62%
MMM	D	0.55%	0.02%	0.02%
MOH	F	0.08%	0.02%	0.02%
MRK	F	0.62%	0.47%	0.47%
MSFT	F	4.6%	4.03%	4.03%
MSI	B	0.39%	0.27%	0.27%
MTCH	D	0.25%	0.01%	0.01%
NFLX	A	0.91%	0.49%	0.49%
NTAP	C	0.63%	0.06%	0.06%
NVDA	C	5.45%	4.67%	4.67%
NVR	D	0.47%	0.03%	0.03%
NXPI	D	0.05%	0.01%	0.01%
ORLY	B	0.06%	0.18%	0.06%
PCAR	B	0.39%	0.06%	0.06%
PGR	A	0.73%	0.22%	0.22%
PH	A	0.23%	0.25%	0.23%
PHM	D	0.52%	0.04%	0.04%
PINS	D	0.04%	0.01%	0.01%
PPG	F	0.19%	0.11%	0.11%
PRU	A	0.09%	0.15%	0.09%
PSA	D	0.05%	0.11%	0.05%
QCOM	F	0.88%	0.26%	0.26%
RF	A	0.29%	0.07%	0.07%
RMD	C	0.1%	0.07%	0.07%
ROL	B	0.06%	0.02%	0.02%
ROST	C	0.04%	0.09%	0.04%
RS	B	0.66%	0.08%	0.08%
SCCO	F	0.11%	0.08%	0.08%
SHW	A	0.19%	0.56%	0.19%
SNA	A	0.63%	0.02%	0.02%
SPG	B	0.58%	0.15%	0.15%
SPGI	C	0.08%	0.38%	0.08%
STLD	B	0.47%	0.01%	0.01%
STT	A	0.05%	0.02%	0.02%
SWKS	F	0.2%	0.01%	0.01%
SYF	B	0.29%	0.09%	0.09%
SYK	C	0.15%	0.25%	0.15%
T	A	0.18%	0.18%	0.18%
TDG	D	0.0%	0.13%	0.0%
TJX	A	0.38%	0.36%	0.36%
TMUS	B	0.35%	0.13%	0.13%
TROW	B	0.2%	0.05%	0.05%
TT	A	0.49%	0.02%	0.02%
ULTA	F	0.14%	0.05%	0.05%
UNH	C	0.27%	0.77%	0.27%
V	A	0.3%	0.75%	0.3%
VICI	C	0.44%	0.03%	0.03%
VRSN	F	0.21%	0.01%	0.01%
VRT	B	0.16%	0.02%	0.02%
VTR	C	0.21%	0.06%	0.06%
VZ	C	0.49%	0.21%	0.21%
WAB	B	0.38%	0.08%	0.08%
WELL	A	0.32%	0.15%	0.15%
WMT	A	0.61%	0.35%	0.35%
WPC	D	0.21%	0.01%	0.01%
WTW	B	0.05%	0.07%	0.05%
ZM	B	0.23%	0.02%	0.02%

AFLG Overweight 107 Positions Relative to NZAC

Symbol	Grade	Weight
APP	B	1.29%
VST	B	1.26%
MO	A	0.99%
COST	B	0.9%
UHS	D	0.89%
PG	A	0.84%
NRG	B	0.81%
FICO	B	0.8%
RL	B	0.79%
XOM	B	0.74%
EME	C	0.68%
CL	D	0.58%
PEG	A	0.57%
COR	B	0.57%
CAT	B	0.56%
MCK	B	0.53%
FE	C	0.52%
CMI	A	0.51%
HPQ	B	0.49%
MAA	B	0.47%
BBY	D	0.47%
TPR	B	0.47%
KR	B	0.47%
HWM	A	0.46%
CVX	A	0.45%
GLPI	C	0.42%
CF	B	0.42%
CNA	B	0.42%
WSM	B	0.41%
CSL	C	0.39%
IBKR	A	0.39%
AOS	F	0.38%
NUE	C	0.37%
HST	C	0.37%
TRGP	B	0.36%
PKG	A	0.36%
RHI	B	0.36%
OC	A	0.36%
PM	B	0.35%
LMT	D	0.34%
IP	B	0.34%
BLDR	D	0.33%
KO	D	0.33%
VLO	C	0.31%
EVRG	A	0.29%
WU	D	0.29%
DVN	F	0.29%
VSCO	B	0.28%
DECK	A	0.28%
CFG	B	0.27%
OGN	D	0.27%
MANH	D	0.25%
SOLV	C	0.25%
ED	D	0.25%
LII	A	0.25%
FDX	B	0.24%
EXPE	B	0.21%
NWSA	B	0.2%
CNC	D	0.19%
CVS	D	0.18%
JBL	B	0.18%
L	A	0.18%
BEN	C	0.17%
TOL	B	0.16%
GL	B	0.16%
CI	F	0.15%
CPT	B	0.15%
GE	D	0.15%
DELL	C	0.14%
MPC	D	0.13%
LDOS	C	0.13%
SO	D	0.13%
CAH	B	0.11%
RPM	A	0.11%
GEN	B	0.1%
VTRS	A	0.1%
KHC	F	0.1%
ETSY	D	0.09%
PSX	C	0.09%
SSNC	B	0.09%
CRBG	B	0.09%
TPL	A	0.08%
J	F	0.08%
DXC	B	0.08%
BG	F	0.07%
LYB	F	0.07%
CVNA	B	0.07%
TXT	D	0.07%
SNPS	B	0.06%
DINO	D	0.06%
WSO	A	0.06%
ADM	D	0.06%
ZION	B	0.06%
UDR	B	0.05%
PPL	B	0.05%
DPZ	C	0.05%
QRVO	F	0.05%
CDNS	B	0.05%
KMB	D	0.05%
AMCR	D	0.04%
PFG	D	0.04%
IVZ	B	0.04%
DKS	C	0.04%
UTHR	C	0.04%
MOS	F	0.03%
WBA	F	0.03%
BWA	D	0.03%

AFLG Underweight 228 Positions Relative to NZAC

Symbol	Grade	Weight
GOOG	C	-1.45%
TSLA	B	-1.32%
JPM	A	-1.09%
ORCL	B	-0.59%
HD	A	-0.58%
ADI	D	-0.46%
BAC	A	-0.44%
NVS	D	-0.41%
NOW	A	-0.39%
DLR	B	-0.39%
ACM	A	-0.36%
MCD	D	-0.36%
XYL	D	-0.36%
EQIX	A	-0.33%
ITW	B	-0.33%
TMO	F	-0.32%
ISRG	A	-0.31%
INTU	C	-0.31%
DIS	B	-0.29%
TXN	C	-0.27%
AMD	F	-0.27%
MS	A	-0.26%
WFC	A	-0.25%
CB	C	-0.24%
PWR	A	-0.24%
BABA	D	-0.24%
MDT	D	-0.23%
PNR	A	-0.23%
AMGN	D	-0.21%
PLD	D	-0.21%
UNP	C	-0.21%
MMC	B	-0.2%
ADP	B	-0.2%
SCHW	B	-0.19%
TD	F	-0.19%
PFE	D	-0.19%
PNC	B	-0.19%
DHR	F	-0.19%
GLW	B	-0.19%
BX	A	-0.19%
ABT	B	-0.19%
CBRE	B	-0.18%
INTC	D	-0.18%
UBER	D	-0.17%
FAST	B	-0.17%
SONY	B	-0.17%
APO	B	-0.17%
HPE	B	-0.16%
FSLR	F	-0.16%
ZTS	D	-0.16%
AME	A	-0.16%
SBUX	A	-0.15%
TRV	B	-0.15%
HDB	C	-0.14%
COF	B	-0.14%
DE	A	-0.14%
VRTX	F	-0.14%
PANW	C	-0.14%
MELI	D	-0.14%
KKR	A	-0.13%
PYPL	B	-0.13%
JNPR	F	-0.13%
SHOP	B	-0.12%
MRVL	B	-0.12%
USB	A	-0.12%
AMT	D	-0.11%
AON	A	-0.11%
EW	C	-0.11%
BDX	F	-0.11%
LI	F	-0.11%
INFY	B	-0.11%
NKE	D	-0.11%
MTB	A	-0.1%
WM	A	-0.1%
CHD	B	-0.1%
LRCX	F	-0.1%
REGN	F	-0.1%
IQV	D	-0.1%
DEO	F	-0.1%
TDY	B	-0.1%
FTNT	C	-0.09%
MU	D	-0.09%
ADSK	A	-0.09%
DFS	B	-0.09%
CSX	B	-0.09%
FTV	C	-0.09%
PDD	F	-0.08%
KDP	D	-0.08%
REG	B	-0.08%
PAYX	C	-0.08%
LULU	C	-0.08%
MUFG	B	-0.08%
NEM	D	-0.08%
GIS	D	-0.08%
ROK	B	-0.08%
BR	A	-0.08%
O	D	-0.07%
CINF	A	-0.07%
BXP	D	-0.07%
RVTY	F	-0.07%
UPS	C	-0.07%
TRMB	B	-0.07%
PLTR	B	-0.07%
CCI	D	-0.07%
HSBH	B	-0.07%
WRB	A	-0.07%
AJG	B	-0.07%
MKL	A	-0.07%
AFG	A	-0.07%
WIT	A	-0.07%
CHTR	C	-0.07%
LIN	D	-0.07%
YUM	B	-0.07%
A	D	-0.06%
IRM	D	-0.06%
MTD	D	-0.06%
TCOM	B	-0.06%
GS	A	-0.06%
AXON	A	-0.06%
IDXX	F	-0.06%
CPAY	A	-0.05%
LYV	A	-0.05%
VRSK	A	-0.05%
NTRS	A	-0.05%
ZBH	C	-0.05%
ABNB	C	-0.05%
GPN	B	-0.05%
URI	B	-0.05%
TTD	B	-0.05%
HSY	F	-0.05%
ENPH	F	-0.05%
COIN	C	-0.04%
ILMN	D	-0.04%
RJF	A	-0.04%
DXCM	D	-0.04%
NSC	B	-0.04%
UHAL	D	-0.04%
BCS	C	-0.04%
XPEV	C	-0.04%
CPRT	A	-0.04%
NDAQ	A	-0.04%
EXR	D	-0.04%
IEX	B	-0.04%
ALGN	D	-0.03%
EFX	F	-0.03%
WDAY	B	-0.03%
STE	F	-0.03%
AZN	D	-0.03%
MNST	C	-0.03%
AVTR	F	-0.03%
XRX	F	-0.03%
VLTO	D	-0.03%
CCEP	C	-0.03%
SBAC	D	-0.03%
VEEV	C	-0.03%
CARR	D	-0.03%
BIIB	F	-0.03%
OMC	C	-0.03%
FOX	A	-0.03%
EL	F	-0.03%
BIDU	F	-0.03%
BURL	A	-0.03%
TER	D	-0.03%
STZ	D	-0.03%
Z	A	-0.02%
CG	A	-0.02%
NIO	F	-0.02%
ANSS	B	-0.02%
ALLY	C	-0.02%
VMC	B	-0.02%
BMRN	D	-0.02%
TW	A	-0.02%
RPRX	D	-0.02%
TFX	F	-0.02%
CRWD	B	-0.02%
WST	C	-0.02%
HBAN	A	-0.02%
WAT	B	-0.02%
MSTR	C	-0.02%
DGX	A	-0.02%
SEIC	B	-0.02%
ZBRA	B	-0.02%
PODD	C	-0.02%
HEI	B	-0.02%
BCH	F	-0.02%
ASAI	F	-0.02%
CTLT	B	-0.02%
BAX	D	-0.02%
MAR	B	-0.02%
SNOW	C	-0.02%
ODFL	B	-0.02%
DLTR	F	-0.02%
ROP	B	-0.02%
POOL	C	-0.02%
CSGP	D	-0.02%
SQ	B	-0.02%
TGT	F	-0.02%
MBAVU	D	-0.01%
SMCI	F	-0.01%
QGEN	D	-0.01%
EXAS	D	-0.01%
WYNN	D	-0.01%
RIVN	F	-0.01%
SUI	D	-0.01%
JKHY	D	-0.01%
TECH	D	-0.01%
BIO	D	-0.01%
SNAP	C	-0.01%
ALB	C	-0.01%
C	A	-0.01%
PAYC	B	-0.01%
KVUE	A	-0.01%
CLX	B	-0.01%
DOC	D	-0.01%
MKC	D	-0.01%
MRNA	F	-0.01%
MKTX	D	-0.01%
SQ	B	-0.01%
FDS	B	-0.01%
TRU	D	-0.01%
NBIX	C	-0.01%
KB	B	-0.01%
QFIN	B	-0.01%
DOCU	A	-0.01%
LYG	F	-0.01%
TEVA	D	-0.01%
NIO	F	-0.0%
WIT	A	-0.0%