FDLS vs. NSCS ETF Comparison

Comparison of Inspire Fidelis Multi Factor ETF (FDLS) to Nuveen Small Cap Select ETF (NSCS)
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

$33.50

Average Daily Volume

11,551

Number of Holdings *

98

* may have additional holdings in another (foreign) market
NSCS

Nuveen Small Cap Select ETF

NSCS Description The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded common stocks of small-capitalization companies. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$30.31

Average Daily Volume

140

Number of Holdings *

75

* may have additional holdings in another (foreign) market
Performance
Period FDLS NSCS
30 Days 6.43% 8.59%
60 Days 7.40% 9.56%
90 Days 6.89% 9.56%
12 Months 25.41% 36.21%
5 Overlapping Holdings
Symbol Grade Weight in FDLS Weight in NSCS Overlap
CVLT B 1.06% 0.85% 0.85%
EHC B 1.06% 1.42% 1.06%
HQY A 1.17% 1.57% 1.17%
ITRI C 1.06% 1.38% 1.06%
TCMD B 1.07% 0.48% 0.48%
FDLS Overweight 93 Positions Relative to NSCS
Symbol Grade Weight
HNST A 1.64%
POWL C 1.51%
SMWB A 1.32%
DAL B 1.31%
DOCU B 1.31%
SFM A 1.3%
IBKR A 1.28%
TILE B 1.27%
TDS B 1.24%
CEIX A 1.22%
NECB C 1.21%
OPRA B 1.19%
TCBX B 1.19%
TRGP A 1.19%
GRMN B 1.16%
NTNX B 1.16%
PPC C 1.13%
BKR A 1.12%
HWM A 1.12%
QCRH B 1.12%
FIX A 1.11%
STLD B 1.11%
DECK A 1.11%
EME A 1.09%
VIRT A 1.07%
BBW C 1.07%
GEN B 1.07%
ACIW B 1.07%
FCNCA A 1.06%
GFF A 1.06%
HSTM B 1.06%
CTAS B 1.04%
BFH C 1.03%
TSM B 1.02%
VNET B 1.02%
OSPN A 1.02%
LGTY C 1.01%
RGA A 1.01%
MPLX A 1.0%
TSN B 1.0%
CAT B 1.0%
WLDN C 0.99%
WRB A 0.99%
QNST B 0.99%
ADMA B 0.99%
WWD C 0.99%
CHWY B 0.99%
PNW A 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 D 0.96%
FANG C 0.96%
RNR C 0.95%
CBT D 0.95%
THC D 0.94%
MNDY C 0.94%
OFG B 0.93%
FRST B 0.92%
WES C 0.92%
DVA C 0.91%
FRBA D 0.9%
BELFB C 0.9%
RMD C 0.9%
UGI C 0.9%
QCOM F 0.9%
SAIC F 0.89%
ESEA D 0.87%
BCRX D 0.87%
PTGX D 0.86%
MELI C 0.85%
PHM D 0.85%
EGY D 0.84%
BG D 0.84%
VITL D 0.83%
HY D 0.82%
UHS D 0.81%
NOMD D 0.81%
MG D 0.8%
EVER D 0.8%
DHI F 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 F 0.59%
FDLS Underweight 70 Positions Relative to NSCS
Symbol Grade Weight
WTFC A -2.5%
EVR B -2.27%
PIPR A -2.11%
MGNI B -1.9%
BANR B -1.87%
SSB B -1.87%
NOG B -1.84%
AIT B -1.75%
ESE B -1.66%
LITE B -1.58%
SUM B -1.56%
KTOS B -1.56%
MMSI A -1.55%
GDYN B -1.54%
WK B -1.5%
CMC B -1.49%
FIBK B -1.48%
ACA A -1.41%
FLR B -1.4%
NPO A -1.39%
BYD B -1.39%
HOMB A -1.39%
QTWO A -1.38%
AVNT B -1.38%
AVAV C -1.37%
RDNT B -1.34%
MMS F -1.33%
RBRK A -1.32%
BKH A -1.28%
SHOO F -1.28%
TPH D -1.27%
SHAK C -1.27%
SIG B -1.25%
PFBC B -1.25%
MTDR B -1.24%
STAG D -1.23%
EGP D -1.23%
GKOS B -1.17%
PAR A -1.16%
ARCB C -1.16%
TROX D -1.1%
BRBR A -1.09%
KEX B -1.05%
EVRI A -1.05%
ZD B -1.04%
ICHR C -1.02%
ONTO F -0.95%
PRI B -0.9%
LADR B -0.9%
VBTX B -0.85%
SLAB F -0.84%
BOOT C -0.83%
SR A -0.82%
ESTA D -0.77%
SIBN F -0.76%
HALO F -0.76%
FROG C -0.74%
CRNX C -0.72%
INN D -0.67%
KRYS C -0.67%
INSM C -0.63%
ACHC F -0.61%
VTLE C -0.61%
OPCH D -0.54%
PCVX D -0.54%
TTMI C -0.53%
MDGL B -0.52%
ATEC C -0.5%
IMVT F -0.43%
BPMC B -0.32%
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