ILCV vs. NACP ETF Comparison

Comparison of iShares Morningstar Value ETF (ILCV) to Impact Shares NAACP Minority Empowerment ETF (NACP)
ILCV

iShares Morningstar Value ETF

ILCV Description

The investment seeks to track the investment results of the Morningstar® US Large-Mid Cap Broad Value IndexSM composed of large-and mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large-mid capitalization companies that have exhibited above-average value characteristics as determined by Morningstar, Inc.(Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$81.88

Average Daily Volume

19,014

Number of Holdings *

441

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

Impact Shares NAACP Minority Empowerment ETF

NACP Description The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar Minority Empowerment Index (the underlying index). The fund will, under normal circumstances, invest at least 80% of its total assets, plus borrowings for investment purposes (the "80% basket") in component securities of the underlying index ("Component Securities"). The underlying index is designed to measure the performance of large and mid- capitalization companies that are "empowering to minorities," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.24

Average Daily Volume

2,133

Number of Holdings *

196

* may have additional holdings in another (foreign) market
Performance
Period ILCV NACP
30 Days 1.62% 3.64%
60 Days 4.02% 5.52%
90 Days 7.27% 4.72%
12 Months 26.63% 34.73%
164 Overlapping Holdings
Symbol Grade Weight in ILCV Weight in NACP Overlap
AAPL C 6.3% 5.03% 5.03%
ABBV B 1.32% 1.22% 1.22%
ABT C 0.76% 0.69% 0.69%
ACM B 0.02% 0.05% 0.02%
ACN C 0.7% 3.58% 0.7%
ADM D 0.11% 0.11% 0.11%
ADP C 0.27% 0.4% 0.27%
AEP C 0.21% 0.19% 0.19%
AES C 0.05% 0.05% 0.05%
ALB D 0.02% 0.04% 0.02%
AON B 0.21% 0.24% 0.21%
APTV D 0.03% 0.08% 0.03%
AVB C 0.06% 0.11% 0.06%
AXP B 0.38% 0.56% 0.38%
BA F 0.36% 0.38% 0.36%
BAC D 1.05% 0.99% 0.99%
BAH B 0.02% 0.07% 0.02%
BAX C 0.08% 0.07% 0.07%
BDX D 0.26% 0.23% 0.23%
BG F 0.05% 0.05% 0.05%
BIIB F 0.11% 0.1% 0.1%
BK B 0.2% 0.17% 0.17%
BMY C 0.39% 0.35% 0.35%
BSX B 0.25% 0.41% 0.25%
C C 0.46% 0.45% 0.45%
CCI C 0.19% 0.18% 0.18%
CF B 0.06% 0.05% 0.05%
CI C 0.38% 0.37% 0.37%
CLX C 0.03% 0.07% 0.03%
CMI B 0.05% 0.15% 0.05%
CMS B 0.05% 0.07% 0.05%
CNH C 0.04% 0.03% 0.03%
COP F 0.49% 0.49% 0.49%
CPB C 0.04% 0.04% 0.04%
CSX C 0.26% 0.24% 0.24%
CVS D 0.28% 0.27% 0.27%
CVX F 0.95% 1.04% 0.95%
D C 0.11% 0.18% 0.11%
DAL C 0.06% 0.09% 0.06%
DD B 0.07% 0.14% 0.07%
DE A 0.4% 0.36% 0.36%
DELL C 0.07% 0.54% 0.07%
DGX B 0.07% 0.06% 0.06%
DHR B 0.68% 0.64% 0.64%
DOC B 0.06% 0.06% 0.06%
DTE A 0.1% 0.08% 0.08%
DUK B 0.35% 0.32% 0.32%
DVN F 0.1% 0.1% 0.1%
EA D 0.04% 0.45% 0.04%
EBAY B 0.08% 0.11% 0.08%
ECL B 0.11% 0.21% 0.11%
ED B 0.14% 0.12% 0.12%
EIX B 0.13% 0.11% 0.11%
ELV D 0.48% 0.47% 0.47%
EMN B 0.05% 0.04% 0.04%
EMR D 0.23% 0.22% 0.22%
ES B 0.09% 0.08% 0.08%
ETN C 0.22% 0.44% 0.22%
ETR A 0.11% 0.08% 0.08%
EXC B 0.15% 0.15% 0.15%
EXPD B 0.07% 0.07% 0.07%
F F 0.16% 0.15% 0.15%
FCX C 0.25% 0.25% 0.25%
FDX D 0.22% 0.25% 0.22%
FE B 0.09% 0.08% 0.08%
GE C 0.36% 0.69% 0.36%
GILD B 0.4% 0.35% 0.35%
GM C 0.21% 0.18% 0.18%
GOOG D 1.6% 2.16% 1.6%
GOOGL D 1.79% 2.41% 1.79%
HBAN B 0.08% 0.07% 0.07%
HON C 0.51% 0.46% 0.46%
HPQ C 0.13% 0.62% 0.13%
HRL F 0.02% 0.03% 0.02%
HSY D 0.05% 0.1% 0.05%
IBM B 0.77% 3.08% 0.77%
IFF A 0.1% 0.09% 0.09%
INTC D 0.36% 1.52% 0.36%
IPG C 0.04% 0.16% 0.04%
ITW B 0.29% 0.27% 0.27%
JBHT D 0.02% 0.05% 0.02%
JCI B 0.08% 0.17% 0.08%
JNJ C 1.52% 1.44% 1.44%
JPM D 2.31% 2.39% 2.31%
K A 0.08% 0.07% 0.07%
KHC C 0.12% 0.12% 0.12%
KMI C 0.16% 0.15% 0.15%
KO B 1.08% 0.99% 0.99%
KR B 0.14% 0.13% 0.13%
LHX C 0.17% 0.16% 0.16%
LNG D 0.11% 0.16% 0.11%
LNT A 0.06% 0.05% 0.05%
LOW B 0.57% 0.51% 0.51%
LUV C 0.04% 0.06% 0.04%
MAR B 0.18% 0.19% 0.18%
MCO C 0.13% 0.26% 0.13%
MDLZ C 0.38% 0.36% 0.36%
MDT B 0.44% 0.42% 0.42%
MET B 0.19% 0.17% 0.17%
META B 2.05% 3.63% 2.05%
MMM B 0.29% 0.26% 0.26%
MOS F 0.03% 0.03% 0.03%
MPC F 0.22% 0.23% 0.22%
MRK F 0.73% 1.03% 0.73%
MS B 0.49% 0.47% 0.47%
MU D 0.39% 1.75% 0.39%
NDAQ C 0.07% 0.08% 0.07%
NEE B 0.65% 0.66% 0.65%
NEM C 0.11% 0.22% 0.11%
NI B 0.06% 0.05% 0.05%
NKE D 0.3% 0.36% 0.3%
NOC B 0.3% 0.29% 0.29%
NRG B 0.05% 0.07% 0.05%
NSC C 0.22% 0.2% 0.2%
OC C 0.06% 0.05% 0.05%
OKE C 0.21% 0.18% 0.18%
OTIS B 0.06% 0.13% 0.06%
PCG C 0.1% 0.09% 0.09%
PEG B 0.17% 0.14% 0.14%
PEP D 0.91% 0.92% 0.91%
PFE D 0.64% 0.62% 0.62%
PFG B 0.08% 0.03% 0.03%
PLD C 0.33% 0.42% 0.33%
PNC C 0.29% 0.27% 0.27%
PPG C 0.07% 0.1% 0.07%
PPL A 0.09% 0.08% 0.08%
PSX F 0.21% 0.22% 0.21%
PYPL B 0.3% 0.27% 0.27%
QCOM D 0.73% 3.18% 0.73%
RCL B 0.05% 0.12% 0.05%
REG C 0.03% 0.04% 0.03%
RF B 0.08% 0.07% 0.07%
SCHW D 0.36% 0.33% 0.33%
SJM C 0.05% 0.05% 0.05%
SO B 0.38% 0.35% 0.35%
SPGI C 0.36% 0.55% 0.36%
SRE B 0.2% 0.18% 0.18%
SWK B 0.03% 0.06% 0.03%
SYF C 0.08% 0.08% 0.08%
T B 0.59% 0.45% 0.45%
TAP D 0.04% 0.03% 0.03%
TFC D 0.22% 0.22% 0.22%
TFX B 0.03% 0.04% 0.03%
TMO B 0.77% 0.83% 0.77%
TROW C 0.09% 0.09% 0.09%
TRV C 0.12% 0.18% 0.12%
TSN D 0.03% 0.07% 0.03%
TT B 0.16% 0.29% 0.16%
TXT D 0.03% 0.06% 0.03%
UAL B 0.07% 0.05% 0.05%
UNH C 1.76% 1.95% 1.76%
UNP D 0.58% 0.56% 0.56%
UPS D 0.36% 0.35% 0.35%
URI B 0.1% 0.18% 0.1%
USFD C 0.03% 0.04% 0.03%
VLO F 0.17% 0.17% 0.17%
VST B 0.05% 0.11% 0.05%
VZ A 0.72% 2.26% 0.72%
WBA F 0.02% 0.03% 0.02%
WEC B 0.12% 0.1% 0.1%
WMB C 0.21% 0.19% 0.19%
WMT B 1.32% 0.73% 0.73%
XEL B 0.14% 0.12% 0.12%
XOM D 1.97% 2.0% 1.97%
ILCV Overweight 277 Positions Relative to NACP
Symbol Grade Weight
BRK.A C 3.16%
PG C 1.59%
HD B 1.49%
AVGO C 1.33%
COST C 0.83%
CSCO B 0.81%
ORCL B 0.74%
WFC D 0.74%
TXN B 0.72%
LIN B 0.72%
PM C 0.72%
AMGN D 0.7%
MCD B 0.65%
GS B 0.62%
CMCSA C 0.6%
RTX B 0.6%
CAT B 0.53%
BLK B 0.53%
DIS D 0.47%
LMT A 0.47%
REGN D 0.47%
CB B 0.42%
AMT C 0.42%
AMAT D 0.37%
TJX C 0.37%
ADI C 0.36%
BKNG B 0.35%
MO C 0.33%
CEG C 0.31%
MMC C 0.31%
FI B 0.31%
TMUS B 0.3%
CME B 0.3%
SYK C 0.3%
ICE C 0.29%
HCA B 0.29%
GD C 0.29%
TGT C 0.28%
USB C 0.28%
EOG D 0.28%
PGR C 0.27%
SBUX C 0.27%
KKR B 0.25%
CRH B 0.25%
APD B 0.25%
VRTX D 0.25%
LRCX D 0.24%
KLAC D 0.24%
SHW B 0.23%
NXPI D 0.23%
CL C 0.23%
BX C 0.23%
DHI C 0.22%
COF B 0.22%
AFL A 0.21%
PCAR D 0.2%
SPG B 0.2%
SLB F 0.2%
WM D 0.2%
ORLY B 0.19%
MSI B 0.19%
ZTS B 0.19%
MCK F 0.18%
FIS C 0.18%
WELL C 0.18%
AIG D 0.18%
LEN B 0.17%
PRU C 0.17%
PH B 0.17%
GIS B 0.16%
CTSH B 0.15%
CNC D 0.15%
AJG D 0.15%
KVUE B 0.15%
FERG D 0.15%
APO B 0.14%
O B 0.14%
HUM F 0.14%
ROP C 0.13%
GEV B 0.13%
OXY F 0.13%
CHTR D 0.13%
VICI C 0.13%
HIG B 0.13%
GLW B 0.13%
APH C 0.13%
NUE D 0.13%
KMB C 0.12%
FANG F 0.12%
CAH C 0.11%
CARR B 0.11%
ACGL B 0.11%
NVR B 0.11%
RSG D 0.11%
ALL C 0.11%
FITB B 0.11%
PSA C 0.11%
MTB C 0.11%
KDP B 0.1%
STT B 0.1%
CTVA B 0.09%
AEE B 0.09%
MCHP D 0.09%
SW B 0.09%
LYB D 0.09%
WY C 0.09%
EXR C 0.09%
HPE C 0.09%
GEHC B 0.08%
TRGP C 0.08%
OMC B 0.08%
ATO B 0.08%
DOW C 0.08%
STX B 0.08%
TEL D 0.08%
WDC C 0.08%
IP C 0.07%
EG B 0.07%
GPN D 0.07%
PHM B 0.07%
STLD C 0.07%
COR F 0.07%
CNP C 0.07%
BKR C 0.07%
WBD D 0.07%
STZ C 0.07%
NTRS C 0.07%
LH D 0.07%
DG F 0.07%
CFG D 0.07%
HOLX D 0.07%
PKG B 0.07%
CCL C 0.07%
ON D 0.07%
BBY A 0.07%
EVRG B 0.06%
RGA C 0.06%
CBRE B 0.06%
AWK C 0.06%
KEYS B 0.06%
L D 0.06%
WTW B 0.06%
AMP B 0.06%
DFS C 0.06%
CAG B 0.06%
RS D 0.06%
AMCR B 0.06%
FNF B 0.06%
SWKS F 0.06%
EQR C 0.06%
MRO D 0.06%
THC C 0.06%
IQV D 0.06%
KEY C 0.06%
ZM C 0.06%
SSNC C 0.06%
VTR C 0.06%
IRM C 0.06%
MAA C 0.05%
HAL F 0.05%
NTAP D 0.05%
LDOS A 0.05%
BLDR C 0.05%
MRNA F 0.05%
CINF C 0.05%
JNPR A 0.05%
EQH C 0.05%
BXP C 0.05%
GLPI C 0.05%
ARE C 0.05%
HST D 0.05%
UTHR B 0.05%
WPC C 0.05%
RNR B 0.05%
VTRS D 0.05%
DLR B 0.05%
FLEX B 0.04%
GRMN D 0.04%
APA F 0.04%
RJF C 0.04%
ALLY F 0.04%
FOXA B 0.04%
CG C 0.04%
TDY B 0.04%
SOLV D 0.04%
MKC C 0.04%
TOL A 0.04%
SNA B 0.04%
ULTA D 0.04%
MSTR C 0.04%
NWSA D 0.04%
UNM B 0.04%
MAS B 0.04%
CPNG B 0.04%
DRI C 0.04%
TER C 0.04%
ESS C 0.04%
CTRA F 0.04%
LKQ F 0.04%
VLTO B 0.04%
OVV F 0.04%
ZBH F 0.04%
RPRX C 0.04%
GPC D 0.04%
ALGN D 0.03%
WTRG D 0.03%
DKS D 0.03%
EQT C 0.03%
POOL C 0.03%
CCK B 0.03%
GEN A 0.03%
WAT B 0.03%
ACI F 0.03%
CPT C 0.03%
AVTR C 0.03%
FFIV B 0.03%
WRB D 0.03%
MKL C 0.03%
DINO F 0.03%
UHS C 0.03%
DOV B 0.03%
PINS D 0.03%
FTV C 0.03%
AR C 0.03%
DLTR F 0.03%
CHK C 0.03%
AVY C 0.03%
AKAM D 0.03%
DKNG C 0.03%
TSCO B 0.03%
RVTY B 0.03%
MOH D 0.03%
BALL C 0.03%
EXPE C 0.03%
HII F 0.02%
QRVO F 0.02%
UHAL B 0.02%
CASY D 0.02%
DVA B 0.02%
PNR B 0.02%
XPO D 0.02%
KIM C 0.02%
ZBRA B 0.02%
TRMB C 0.02%
RRX C 0.02%
ELS D 0.02%
INCY C 0.02%
FOX B 0.02%
MGM D 0.02%
ALLE B 0.02%
UDR C 0.02%
SCI C 0.02%
RPM B 0.02%
EPAM F 0.02%
BLD C 0.02%
CPAY B 0.02%
BJ D 0.02%
JBL C 0.02%
KMX D 0.02%
SNX C 0.02%
BEN F 0.02%
SIRI C 0.02%
CE D 0.02%
AFG C 0.02%
COO C 0.02%
WSM C 0.02%
J A 0.02%
ENTG D 0.02%
LEN B 0.01%
AGR C 0.01%
AOS B 0.01%
WLK C 0.01%
NWS D 0.01%
PAG D 0.01%
CRL F 0.01%
UHAL B 0.0%
COTY D 0.0%
ILCV Underweight 32 Positions Relative to NACP
Symbol Grade Weight
NVDA C -4.9%
MSFT C -4.63%
AMZN C -4.47%
UBER C -2.29%
TSLA C -2.22%
PANW D -1.81%
V C -1.53%
MA B -1.4%
MELI C -0.38%
EQIX B -0.29%
HLT B -0.17%
HES F -0.15%
EW F -0.15%
A C -0.14%
HWM B -0.14%
AME C -0.13%
VRSK D -0.13%
VMC C -0.12%
IR B -0.12%
MLM D -0.12%
ROK D -0.11%
RMD C -0.11%
XYL C -0.11%
SBAC C -0.08%
LII C -0.07%
ILMN D -0.07%
HUBB B -0.06%
AMH D -0.05%
NDSN C -0.05%
LECO D -0.04%
BWA C -0.03%
SCCO C -0.03%
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