FDLS vs. FITE ETF Comparison

Comparison of Inspire Fidelis Multi Factor ETF (FDLS) to SPDR S&P Kensho Future Security ETF (FITE)

FDLS

Inspire Fidelis Multi Factor ETF

FDLS Description

Inspire Fidelis Multi Factor ESG ETF is an exchange traded fund launched by Northern Lights Fund Trust IV. The fund is managed by Inspire Investing, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the WI Fidelis Multi-Cap, Multi-Factor ESG Index, by using full replication technique. Inspire Fidelis Multi Factor ESG ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.92

Average Daily Volume

11,396

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FITE

SPDR S&P Kensho Future Security ETF

FITE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Future Security Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Future Security sector as determined by a classification standard produced by the index provider. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.36

Average Daily Volume

4,275

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDLS	FITE
30 Days	8.72%	9.61%
60 Days	8.68%	12.06%
90 Days	8.22%	12.42%
12 Months	26.97%	36.77%

1 Overlapping Holdings

	Symbol	Grade	Weight in FDLS	Weight in FITE	Overlap
	OSPN	A	1.02%	1.58%	1.02%

FDLS Overweight 97 Positions Relative to FITE

Symbol	Grade	Weight
HNST	B	1.64%
POWL	C	1.51%
SMWB	B	1.32%
DAL	C	1.31%
DOCU	A	1.31%
SFM	A	1.3%
IBKR	A	1.28%
TILE	B	1.27%
TDS	B	1.24%
CEIX	A	1.22%
NECB	B	1.21%
OPRA	A	1.19%
TCBX	A	1.19%
TRGP	B	1.19%
HQY	B	1.17%
GRMN	B	1.16%
NTNX	A	1.16%
PPC	C	1.13%
BKR	B	1.12%
HWM	A	1.12%
QCRH	A	1.12%
FIX	A	1.11%
STLD	B	1.11%
DECK	A	1.11%
EME	C	1.09%
VIRT	B	1.07%
TCMD	A	1.07%
BBW	B	1.07%
GEN	B	1.07%
ACIW	B	1.07%
EHC	B	1.06%
FCNCA	A	1.06%
GFF	A	1.06%
ITRI	B	1.06%
HSTM	B	1.06%
CVLT	B	1.06%
CTAS	B	1.04%
BFH	B	1.03%
TSM	B	1.02%
VNET	B	1.02%
LGTY	D	1.01%
RGA	A	1.01%
MPLX	A	1.0%
TSN	B	1.0%
CAT	B	1.0%
WLDN	D	0.99%
WRB	A	0.99%
QNST	B	0.99%
ADMA	B	0.99%
WWD	B	0.99%
CHWY	B	0.99%
PNW	B	0.98%
VIRC	B	0.98%
CPRX	C	0.98%
PGR	A	0.98%
BMI	B	0.97%
APPF	B	0.97%
LII	A	0.96%
CSTL	D	0.96%
MGIC	F	0.96%
FANG	D	0.96%
RNR	C	0.95%
CBT	C	0.95%
THC	D	0.94%
MNDY	C	0.94%
OFG	B	0.93%
FRST	B	0.92%
WES	C	0.92%
DVA	B	0.91%
FRBA	C	0.9%
BELFB	C	0.9%
RMD	C	0.9%
UGI	A	0.9%
QCOM	F	0.9%
SAIC	F	0.89%
ESEA	D	0.87%
BCRX	D	0.87%
PTGX	C	0.86%
MELI	D	0.85%
PHM	D	0.85%
EGY	D	0.84%
BG	F	0.84%
VITL	D	0.83%
HY	D	0.82%
UHS	D	0.81%
NOMD	D	0.81%
MG	D	0.8%
EVER	F	0.8%
DHI	D	0.8%
PLUS	F	0.77%
CRUS	D	0.77%
FSLR	F	0.76%
NEM	D	0.73%
ASC	F	0.64%
OSCR	D	0.63%
ATNI	F	0.62%
ANGI	D	0.59%

FDLS Underweight 59 Positions Relative to FITE

Symbol	Grade	Weight
RKLB	B	-5.8%
FTNT	C	-2.32%
S	B	-2.19%
FFIV	B	-2.1%
PSN	D	-2.08%
KTOS	B	-1.94%
LDOS	C	-1.92%
MOG.A	B	-1.88%
CSCO	B	-1.86%
PANW	C	-1.8%
OII	B	-1.8%
NET	B	-1.79%
VRNS	D	-1.79%
TDY	B	-1.76%
NOC	D	-1.75%
NTCT	C	-1.75%
LMT	D	-1.74%
HEI	B	-1.74%
LHX	C	-1.71%
ATEN	B	-1.68%
RTX	C	-1.67%
CYBR	B	-1.67%
AVGO	D	-1.66%
MIR	A	-1.66%
COHR	B	-1.64%
MRCY	B	-1.61%
ZS	C	-1.6%
CHKP	D	-1.6%
OSIS	B	-1.57%
RDWR	B	-1.56%
DDOG	A	-1.55%
RPD	C	-1.55%
JNPR	F	-1.54%
QLYS	C	-1.54%
IRDM	D	-1.51%
ERJ	B	-1.49%
ZD	C	-1.49%
AKAM	D	-1.44%
AVAV	D	-1.44%
TENB	C	-1.44%
CACI	D	-1.43%
HXL	D	-1.36%
SANM	B	-1.31%
CRWD	B	-1.28%
OKTA	C	-1.26%
DCO	C	-1.22%
KBR	F	-1.22%
BRKR	D	-1.21%
GD	F	-1.2%
APH	A	-1.18%
TXT	D	-1.14%
BA	F	-1.1%
NABL	F	-1.09%
VREX	C	-1.01%
HII	D	-0.94%
MVIS	F	-0.84%
PL	A	-0.83%
VSAT	F	-0.8%
MASS	F	-0.12%