NACP vs. AIQ ETF Comparison

Comparison of Impact Shares NAACP Minority Empowerment ETF (NACP) to Global X Future Analytics Tech ETF (AIQ)

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

$42.58

Average Daily Volume

3,686

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

AIQ

Global X Future Analytics Tech ETF

AIQ Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Artificial Intelligence & Big Data Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to track the performance of companies involved in the development and utilization of artificial intelligence ("AI") and big data. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.65

Average Daily Volume

318,437

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NACP	AIQ
30 Days	1.51%	2.56%
60 Days	4.66%	7.24%
90 Days	6.31%	8.36%
12 Months	32.60%	30.16%

16 Overlapping Holdings

Symbol	Grade	Weight in NACP	Weight in AIQ	Overlap
AAPL	C	5.03%	2.75%	2.75%
ACN	B	3.58%	3.08%	3.08%
AMZN	C	4.47%	3.16%	3.16%
EBAY	D	0.11%	0.47%	0.11%
GOOGL	C	2.41%	2.71%	2.41%
HUBB	B	0.06%	0.37%	0.06%
IBM	C	3.08%	3.15%	3.08%
INTC	C	1.52%	1.62%	1.52%
META	D	3.63%	3.27%	3.27%
MSFT	D	4.63%	2.63%	2.63%
MU	D	1.75%	1.69%	1.69%
NVDA	B	4.9%	3.28%	3.28%
QCOM	F	3.18%	2.28%	2.28%
ROK	C	0.11%	0.49%	0.11%
TSLA	B	2.22%	3.69%	2.22%
UBER	F	2.29%	2.26%	2.26%

NACP Overweight 181 Positions Relative to AIQ

Symbol	Grade	Weight
JPM	A	2.39%
VZ	C	2.26%
GOOG	C	2.16%
XOM	B	2.0%
UNH	B	1.95%
PANW	B	1.81%
V	A	1.53%
JNJ	C	1.44%
MA	B	1.4%
ABBV	F	1.22%
CVX	A	1.04%
MRK	D	1.03%
KO	D	0.99%
BAC	A	0.99%
PEP	F	0.92%
TMO	F	0.83%
WMT	A	0.73%
ABT	B	0.69%
GE	D	0.69%
NEE	C	0.66%
DHR	F	0.64%
HPQ	B	0.62%
PFE	F	0.62%
AXP	A	0.56%
UNP	C	0.56%
SPGI	C	0.55%
DELL	B	0.54%
LOW	C	0.51%
COP	C	0.49%
ELV	F	0.47%
MS	A	0.47%
HON	C	0.46%
C	A	0.45%
EA	A	0.45%
T	A	0.45%
ETN	A	0.44%
MDT	D	0.42%
PLD	F	0.42%
BSX	A	0.41%
ADP	A	0.4%
BA	F	0.38%
MELI	C	0.38%
CI	D	0.37%
DE	B	0.36%
MDLZ	F	0.36%
NKE	F	0.36%
BMY	B	0.35%
UPS	C	0.35%
GILD	C	0.35%
SO	C	0.35%
SCHW	B	0.33%
DUK	C	0.32%
EQIX	A	0.29%
TT	A	0.29%
NOC	D	0.29%
PNC	B	0.27%
CVS	D	0.27%
PYPL	B	0.27%
ITW	B	0.27%
MMM	D	0.26%
MCO	B	0.26%
FDX	B	0.25%
FCX	F	0.25%
AON	A	0.24%
CSX	C	0.24%
MPC	D	0.23%
BDX	F	0.23%
PSX	C	0.22%
TFC	A	0.22%
NEM	D	0.22%
EMR	B	0.22%
ECL	D	0.21%
NSC	B	0.2%
WMB	A	0.19%
AEP	C	0.19%
MAR	A	0.19%
OKE	A	0.18%
SRE	A	0.18%
TRV	B	0.18%
CCI	C	0.18%
D	C	0.18%
GM	C	0.18%
URI	C	0.18%
MET	A	0.17%
BK	A	0.17%
VLO	C	0.17%
JCI	B	0.17%
HLT	A	0.17%
LNG	A	0.16%
IPG	D	0.16%
LHX	C	0.16%
KMI	A	0.15%
HES	B	0.15%
EXC	C	0.15%
CMI	A	0.15%
EW	C	0.15%
F	C	0.15%
DD	C	0.14%
PEG	A	0.14%
A	D	0.14%
HWM	A	0.14%
OTIS	C	0.13%
KR	B	0.13%
AME	A	0.13%
VRSK	A	0.13%
VMC	B	0.12%
IR	B	0.12%
MLM	C	0.12%
XEL	A	0.12%
ED	C	0.12%
KHC	F	0.12%
RCL	A	0.12%
AVB	B	0.11%
VST	A	0.11%
EIX	B	0.11%
ADM	D	0.11%
RMD	C	0.11%
XYL	D	0.11%
HSY	F	0.1%
DVN	F	0.1%
WEC	A	0.1%
PPG	F	0.1%
BIIB	F	0.1%
PCG	A	0.09%
TROW	B	0.09%
IFF	D	0.09%
DAL	B	0.09%
SYF	B	0.08%
APTV	F	0.08%
SBAC	D	0.08%
PPL	A	0.08%
FE	C	0.08%
ETR	B	0.08%
NDAQ	A	0.08%
DTE	C	0.08%
ES	C	0.08%
NRG	B	0.07%
LII	A	0.07%
EXPD	C	0.07%
CMS	C	0.07%
TSN	B	0.07%
CLX	A	0.07%
BAH	F	0.07%
BAX	F	0.07%
LH	B	0.07%
K	A	0.07%
ILMN	C	0.07%
HBAN	A	0.07%
RF	A	0.07%
SWK	D	0.06%
LUV	C	0.06%
DOC	C	0.06%
DGX	A	0.06%
TXT	D	0.06%
SJM	D	0.05%
AMH	C	0.05%
NI	A	0.05%
OC	A	0.05%
ACM	B	0.05%
NDSN	B	0.05%
UAL	A	0.05%
LNT	A	0.05%
AES	F	0.05%
JBHT	C	0.05%
BG	D	0.05%
CF	A	0.05%
CPB	D	0.04%
REG	A	0.04%
LECO	C	0.04%
TFX	F	0.04%
ALB	B	0.04%
EMN	C	0.04%
USFD	A	0.04%
WBA	F	0.03%
BWA	D	0.03%
SCCO	F	0.03%
PFG	D	0.03%
MOS	F	0.03%
HRL	D	0.03%
CNH	C	0.03%
TAP	C	0.03%

NACP Underweight 43 Positions Relative to AIQ

Symbol	Grade	Weight
NOW	A	-3.76%
CRM	B	-3.67%
ORCL	A	-3.65%
NFLX	A	-3.56%
CSCO	B	-3.51%
BABA	D	-3.33%
AVGO	D	-2.92%
ADBE	C	-2.68%
SHOP	B	-2.12%
SNPS	B	-1.3%
CDNS	B	-1.27%
FTNT	C	-1.13%
WDAY	B	-0.89%
NXPI	D	-0.87%
TTD	B	-0.86%
DDOG	A	-0.6%
GEHC	D	-0.58%
ZS	B	-0.48%
TWLO	A	-0.45%
HPE	B	-0.43%
DOCU	B	-0.4%
PEGA	B	-0.39%
ERIC	C	-0.38%
BIDU	F	-0.37%
G	B	-0.37%
ZBRA	B	-0.33%
SMAR	B	-0.32%
DXC	B	-0.31%
STX	C	-0.31%
WIX	A	-0.3%
PATH	C	-0.3%
CYBR	A	-0.3%
PCOR	B	-0.29%
INFA	D	-0.28%
AMBA	B	-0.27%
AI	B	-0.26%
TDC	D	-0.25%
SNAP	D	-0.24%
OKTA	C	-0.22%
STNE	F	-0.21%
VRNT	C	-0.2%
SMCI	F	-0.18%
VSAT	F	-0.12%