CHGX vs. PTL ETF Comparison

Comparison of Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX) to Northern Lights Fund Trust IV Inspire 500 ETF (PTL)

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

$38.36

Average Daily Volume

6,331

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description

PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$214.24

Average Daily Volume

7,134

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CHGX	PTL
30 Days	3.12%	5.08%
60 Days	10.93%	11.42%
90 Days	5.33%	7.70%
12 Months	31.89%

5 Overlapping Holdings

Symbol	Grade	Weight in CHGX	Weight in PTL	Overlap
AVGO	B	1.08%	5.67%	1.08%
CAT	A	1.08%	1.33%	1.08%
PGR	B	0.98%	1.1%	0.98%
QCOM	D	0.97%	1.46%	0.97%
TJX	D	0.99%	0.99%	0.99%

CHGX Overweight 94 Positions Relative to PTL

Symbol	Grade	Weight
ORCL	A	1.17%
MU	D	1.12%
AMD	C	1.11%
IBM	A	1.09%
PYPL	A	1.09%
FICO	C	1.09%
ANET	A	1.08%
CARR	A	1.08%
INTC	D	1.07%
CRM	B	1.07%
NKE	D	1.06%
PHM	C	1.05%
DE	C	1.05%
DIS	D	1.04%
ADSK	B	1.04%
GWW	B	1.04%
CSCO	A	1.03%
STLD	C	1.03%
BK	A	1.03%
IT	A	1.03%
ORA	C	1.02%
NOW	B	1.02%
CMCSA	B	1.02%
AXP	A	1.02%
NVDA	B	1.02%
AMP	A	1.02%
ACN	B	1.02%
GIS	C	1.01%
ORLY	A	1.01%
A	B	1.01%
STT	A	1.0%
CME	A	1.0%
NFLX	A	1.0%
ROST	D	1.0%
CRWD	D	1.0%
MA	A	1.0%
HPQ	B	1.0%
CDNS	D	1.0%
HCA	C	1.0%
SYK	C	0.99%
AZO	D	0.99%
LEN	C	0.99%
FIS	A	0.99%
FTNT	A	0.99%
NDAQ	C	0.99%
SQ	D	0.99%
TMO	D	0.99%
MDT	C	0.99%
CHD	D	0.99%
ECL	C	0.99%
AON	A	0.99%
MPWR	B	0.99%
INTU	F	0.99%
SNPS	F	0.98%
GOOG	B	0.98%
CTSH	B	0.98%
AAPL	C	0.98%
SPG	A	0.98%
ADP	A	0.98%
ABT	C	0.98%
GOOGL	B	0.98%
ROP	D	0.98%
SPGI	C	0.98%
PFE	D	0.98%
SYY	D	0.98%
AWK	D	0.98%
SCHW	D	0.97%
KLAC	B	0.97%
V	B	0.97%
DECK	B	0.97%
MMC	D	0.97%
CPRT	B	0.97%
ADI	B	0.97%
VRSK	D	0.96%
MCO	D	0.96%
JNJ	D	0.96%
TXN	C	0.96%
MSCI	B	0.96%
MCHP	F	0.96%
ABBV	C	0.96%
ICE	A	0.96%
PLD	D	0.96%
MRVL	C	0.95%
MRK	F	0.94%
AMGN	D	0.94%
ON	F	0.93%
EA	D	0.93%
EFX	D	0.93%
LLY	D	0.93%
WDAY	D	0.92%
PANW	B	0.92%
IQV	F	0.92%
ADBE	F	0.88%
MCK	F	0.84%

CHGX Underweight 5 Positions Relative to PTL

Symbol	Grade	Weight
XOM	A	-3.5%
HD	A	-2.75%
LIN	C	-1.72%
ISRG	C	-1.29%
NEE	C	-1.2%