CHGX vs. FWD ETF Comparison

Comparison of Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX) to AB Disruptors ETF (FWD)

CHGX

Change Finance U.S. Large Cap Fossil Fuel Free ETF

CHGX Description

The investment seeks to track the performance, before fees and expenses, of the Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. The index was developed by Change Finance, PBC, the fund's investment adviser and index provider, and uses an objective, rules-based methodology to measure the performance of an equal-weighted portfolio of approximately 100 large cap U.S.-listed companies that meet a diverse set of environmental, social, and governance (ESG) standards.

Grade (RS Rating)

Last Trade

$39.96

Average Daily Volume

6,526

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

FWD

AB Disruptors ETF

FWD Description

FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.

Grade (RS Rating)

Last Trade

$83.95

Average Daily Volume

20,955

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CHGX	FWD
30 Days	3.66%	6.41%
60 Days	4.50%	8.28%
90 Days	6.28%	8.11%
12 Months	28.25%	46.37%

24 Overlapping Holdings

Symbol	Grade	Weight in CHGX	Weight in FWD	Overlap
ABBV	D	0.83%	0.73%	0.73%
ABT	B	0.97%	0.52%	0.52%
ADBE	C	0.89%	0.71%	0.71%
ADI	D	0.87%	0.63%	0.63%
AMD	F	0.9%	0.7%	0.7%
ANET	C	1.05%	1.53%	1.05%
AVGO	D	1.0%	1.29%	1.0%
CAT	B	1.04%	0.98%	0.98%
CRWD	B	1.19%	1.11%	1.11%
FTNT	C	1.18%	1.15%	1.15%
GOOGL	C	1.03%	1.3%	1.03%
IQV	D	0.77%	0.43%	0.43%
LLY	F	0.79%	0.76%	0.76%
MRVL	B	1.14%	1.02%	1.02%
MU	D	0.99%	1.01%	0.99%
NFLX	A	1.15%	1.54%	1.15%
NOW	A	1.17%	0.55%	0.55%
NVDA	C	1.18%	5.29%	1.18%
ON	D	0.83%	0.98%	0.83%
ORCL	B	1.27%	1.81%	1.27%
SNPS	B	1.01%	0.72%	0.72%
SYK	C	1.02%	0.81%	0.81%
TMO	F	0.83%	0.58%	0.58%
TXN	C	0.92%	1.51%	0.92%

CHGX Overweight 76 Positions Relative to FWD

Symbol	Grade	Weight
FICO	B	1.29%
CRM	B	1.26%
SQ	B	1.21%
AMP	A	1.2%
SCHW	B	1.18%
DIS	B	1.16%
GWW	B	1.15%
PYPL	B	1.14%
ADSK	A	1.14%
STLD	B	1.11%
CSCO	B	1.1%
INTC	D	1.09%
BK	A	1.09%
CDNS	B	1.08%
INTU	C	1.07%
AXP	A	1.07%
V	A	1.07%
DECK	A	1.06%
IT	C	1.05%
ADP	B	1.05%
AON	A	1.05%
CMCSA	B	1.05%
EA	A	1.04%
STT	A	1.04%
CPRT	A	1.04%
NDAQ	A	1.04%
ORLY	B	1.04%
PANW	C	1.04%
MCK	B	1.04%
FIS	C	1.03%
GOOG	C	1.03%
MA	C	1.03%
CHD	B	1.02%
ACN	C	1.02%
SPG	B	1.02%
ORA	B	1.02%
VRSK	A	1.01%
CTSH	B	1.0%
MSCI	C	1.0%
CARR	D	0.99%
WDAY	B	0.99%
IBM	C	0.99%
CME	A	0.99%
COR	B	0.98%
ROP	B	0.98%
PGR	A	0.98%
TJX	A	0.98%
DE	A	0.98%
HPQ	B	0.97%
SPGI	C	0.96%
AAPL	C	0.96%
AZO	C	0.95%
MCO	B	0.95%
ECL	D	0.94%
PHM	D	0.94%
ICE	C	0.93%
MDT	D	0.93%
MMC	B	0.93%
SYY	B	0.92%
ROST	C	0.91%
LEN	D	0.9%
QCOM	F	0.9%
AWK	D	0.89%
JNJ	D	0.88%
NKE	D	0.87%
A	D	0.87%
GIS	D	0.86%
PFE	D	0.86%
PLD	D	0.86%
AMGN	D	0.85%
HCA	F	0.84%
EFX	F	0.82%
MRK	F	0.8%
MCHP	D	0.77%
KLAC	D	0.76%
MPWR	F	0.59%

CHGX Underweight 55 Positions Relative to FWD

Symbol	Grade	Weight
TSLA	B	-3.08%
VST	B	-2.35%
GEV	B	-2.15%
AMZN	C	-1.73%
VRT	B	-1.67%
ISRG	A	-1.62%
BSX	B	-1.56%
META	D	-1.41%
SHOP	B	-1.39%
PLTR	B	-1.33%
HWM	A	-1.21%
SPOT	B	-1.16%
EPAM	C	-1.14%
ETN	A	-1.09%
APO	B	-1.09%
COHR	B	-1.06%
DASH	A	-1.06%
TTD	B	-1.05%
TT	A	-1.05%
DDOG	A	-0.99%
IOT	A	-0.98%
TEAM	A	-0.95%
LSCC	D	-0.94%
LRCX	F	-0.94%
TER	D	-0.93%
ARM	D	-0.91%
MDB	C	-0.91%
AMAT	F	-0.87%
WAB	B	-0.86%
BKR	B	-0.85%
NEE	D	-0.79%
GWRE	A	-0.79%
CIEN	B	-0.74%
FROG	C	-0.74%
MNDY	C	-0.74%
RBLX	C	-0.72%
MSFT	F	-0.7%
LITE	B	-0.66%
AFRM	B	-0.66%
SLAB	D	-0.65%
HUBS	A	-0.65%
BKNG	A	-0.63%
MELI	D	-0.62%
ILMN	D	-0.56%
GTLB	B	-0.53%
RDDT	B	-0.53%
UBER	D	-0.52%
CRL	C	-0.5%
BSY	D	-0.48%
CFLT	B	-0.48%
ABNB	C	-0.46%
IPGP	D	-0.44%
FCX	D	-0.42%
RGEN	D	-0.41%
Z	A	-0.4%