NACP vs. DGRO ETF Comparison

Comparison of Impact Shares NAACP Minority Empowerment ETF (NACP) to iShares Core Dividend Growth ETF (DGRO)

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

$42.72

Average Daily Volume

3,518

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

DGRO

iShares Core Dividend Growth ETF

DGRO Description

The investment seeks to track the investment results of the Morningstar® U.S. Dividend Growth IndexSM. The index is a dividend dollars weighted index that seeks to measure the performance of U.S. companies selected based on a consistent history of growing dividends. The index is a subset of the Morningstar® U.S. Market IndexSM, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$64.26

Average Daily Volume

1,580,894

Number of Holdings ^*

412

* may have additional holdings in another (foreign) market

Performance

Period	NACP	DGRO
30 Days	2.08%	1.89%
60 Days	4.48%	3.05%
90 Days	6.57%	5.27%
12 Months	32.92%	28.56%

110 Overlapping Holdings

Symbol	Grade	Weight in NACP	Weight in DGRO	Overlap
A	D	0.14%	0.06%	0.06%
AAPL	C	5.03%	2.79%	2.79%
ABBV	D	1.22%	2.12%	1.22%
ABT	B	0.69%	0.87%	0.69%
ACN	C	3.58%	0.74%	0.74%
ADM	D	0.11%	0.2%	0.11%
ADP	B	0.4%	0.56%	0.4%
AEP	D	0.19%	0.4%	0.19%
AES	F	0.05%	0.09%	0.05%
ALB	C	0.04%	0.05%	0.04%
AME	A	0.13%	0.07%	0.07%
AON	A	0.24%	0.15%	0.15%
AXP	A	0.56%	0.41%	0.41%
BAC	A	0.99%	1.77%	0.99%
BAH	F	0.07%	0.06%	0.06%
BAX	D	0.07%	0.11%	0.07%
BDX	F	0.23%	0.24%	0.23%
BK	A	0.17%	0.36%	0.17%
BMY	B	0.35%	1.29%	0.35%
C	A	0.45%	1.17%	0.45%
CMI	A	0.15%	0.28%	0.15%
CMS	C	0.07%	0.14%	0.07%
COP	C	0.49%	0.91%	0.49%
CSX	B	0.24%	0.23%	0.23%
CVX	A	1.04%	2.95%	1.04%
DGX	A	0.06%	0.08%	0.06%
DHR	F	0.64%	0.13%	0.13%
DTE	C	0.08%	0.19%	0.08%
DUK	C	0.32%	0.71%	0.32%
EBAY	D	0.11%	0.13%	0.11%
ECL	D	0.21%	0.13%	0.13%
ED	D	0.12%	0.24%	0.12%
EIX	B	0.11%	0.27%	0.11%
ELV	F	0.47%	0.25%	0.25%
EMN	D	0.04%	0.09%	0.04%
EMR	A	0.22%	0.35%	0.22%
ES	D	0.08%	0.21%	0.08%
ETN	A	0.44%	0.41%	0.41%
ETR	B	0.08%	0.26%	0.08%
EXPD	D	0.07%	0.05%	0.05%
GILD	C	0.35%	0.96%	0.35%
HON	B	0.46%	0.72%	0.46%
HPQ	B	0.62%	0.27%	0.27%
HRL	D	0.03%	0.07%	0.03%
HSY	F	0.1%	0.16%	0.1%
HUBB	B	0.06%	0.07%	0.06%
IBM	C	3.08%	1.37%	1.37%
IPG	D	0.16%	0.1%	0.1%
IR	B	0.12%	0.01%	0.01%
ITW	B	0.27%	0.42%	0.27%
JBHT	C	0.05%	0.04%	0.04%
JNJ	D	1.44%	2.54%	1.44%
JPM	A	2.39%	3.24%	2.39%
K	A	0.07%	0.14%	0.07%
KO	D	0.99%	1.5%	0.99%
KR	B	0.13%	0.22%	0.13%
LECO	B	0.04%	0.04%	0.04%
LHX	C	0.16%	0.22%	0.16%
LII	A	0.07%	0.04%	0.04%
LNT	A	0.05%	0.12%	0.05%
LOW	D	0.51%	0.65%	0.51%
MA	C	1.4%	0.53%	0.53%
MCO	B	0.26%	0.12%	0.12%
MDLZ	F	0.36%	0.45%	0.36%
MDT	D	0.42%	0.79%	0.42%
MET	A	0.17%	0.33%	0.17%
MLM	B	0.12%	0.05%	0.05%
MOS	F	0.03%	0.07%	0.03%
MRK	F	1.03%	1.49%	1.03%
MS	A	0.47%	1.46%	0.47%
MSFT	F	4.63%	2.83%	2.83%
NDAQ	A	0.08%	0.09%	0.08%
NDSN	B	0.05%	0.04%	0.04%
NEE	D	0.66%	0.88%	0.66%
NI	A	0.05%	0.12%	0.05%
NKE	D	0.36%	0.39%	0.36%
NOC	D	0.29%	0.26%	0.26%
NSC	B	0.2%	0.29%	0.2%
OC	A	0.05%	0.06%	0.05%
OTIS	C	0.13%	0.15%	0.13%
PEG	A	0.14%	0.3%	0.14%
PEP	F	0.92%	1.53%	0.92%
PFG	D	0.03%	0.17%	0.03%
PNC	B	0.27%	0.68%	0.27%
PPG	F	0.1%	0.14%	0.1%
PSX	C	0.22%	0.46%	0.22%
QCOM	F	3.18%	0.83%	0.83%
RMD	C	0.11%	0.07%	0.07%
ROK	B	0.11%	0.15%	0.11%
SJM	D	0.05%	0.1%	0.05%
SO	D	0.35%	0.71%	0.35%
SPGI	C	0.55%	0.25%	0.25%
SRE	A	0.18%	0.4%	0.18%
SWK	D	0.06%	0.1%	0.06%
SYF	B	0.08%	0.13%	0.08%
TMO	F	0.83%	0.11%	0.11%
TRV	B	0.18%	0.25%	0.18%
TT	A	0.29%	0.2%	0.2%
UNH	C	1.95%	1.77%	1.77%
UNP	C	0.56%	0.71%	0.56%
UPS	C	0.35%	1.13%	0.35%
V	A	1.53%	0.86%	0.86%
VMC	B	0.12%	0.07%	0.07%
VRSK	A	0.13%	0.05%	0.05%
VST	B	0.11%	0.11%	0.11%
WEC	A	0.1%	0.25%	0.1%
WMT	A	0.73%	0.88%	0.73%
XEL	A	0.12%	0.3%	0.12%
XOM	B	2.0%	3.04%	2.0%
XYL	D	0.11%	0.07%	0.07%

NACP Overweight 87 Positions Relative to DGRO

Symbol	Grade	Weight
NVDA	C	4.9%
AMZN	C	4.47%
META	D	3.63%
GOOGL	C	2.41%
UBER	D	2.29%
VZ	C	2.26%
TSLA	B	2.22%
GOOG	C	2.16%
PANW	C	1.81%
MU	D	1.75%
INTC	D	1.52%
GE	D	0.69%
PFE	D	0.62%
DELL	C	0.54%
EA	A	0.45%
T	A	0.45%
PLD	D	0.42%
BSX	B	0.41%
BA	F	0.38%
MELI	D	0.38%
CI	F	0.37%
DE	A	0.36%
SCHW	B	0.33%
EQIX	A	0.29%
CVS	D	0.27%
PYPL	B	0.27%
MMM	D	0.26%
FDX	B	0.25%
FCX	D	0.25%
MPC	D	0.23%
TFC	A	0.22%
NEM	D	0.22%
WMB	A	0.19%
MAR	B	0.19%
OKE	A	0.18%
CCI	D	0.18%
D	C	0.18%
GM	B	0.18%
URI	B	0.18%
VLO	C	0.17%
JCI	C	0.17%
HLT	A	0.17%
LNG	B	0.16%
KMI	A	0.15%
HES	B	0.15%
EXC	C	0.15%
EW	C	0.15%
F	C	0.15%
DD	D	0.14%
HWM	A	0.14%
KHC	F	0.12%
RCL	A	0.12%
AVB	B	0.11%
DVN	F	0.1%
BIIB	F	0.1%
PCG	A	0.09%
TROW	B	0.09%
IFF	D	0.09%
DAL	C	0.09%
APTV	D	0.08%
SBAC	D	0.08%
PPL	B	0.08%
FE	C	0.08%
NRG	B	0.07%
TSN	B	0.07%
CLX	B	0.07%
LH	C	0.07%
ILMN	D	0.07%
HBAN	A	0.07%
RF	A	0.07%
LUV	C	0.06%
DOC	D	0.06%
TXT	D	0.06%
AMH	D	0.05%
ACM	A	0.05%
UAL	A	0.05%
BG	F	0.05%
CF	B	0.05%
CPB	D	0.04%
REG	B	0.04%
TFX	F	0.04%
USFD	A	0.04%
WBA	F	0.03%
BWA	D	0.03%
SCCO	F	0.03%
CNH	C	0.03%
TAP	C	0.03%

NACP Underweight 302 Positions Relative to DGRO

Symbol	Grade	Weight
AVGO	D	-2.28%
HD	A	-2.24%
PG	A	-2.11%
CSCO	B	-1.72%
CMCSA	B	-1.21%
GS	A	-1.12%
MCD	D	-1.11%
AMGN	D	-0.94%
BLK	C	-0.82%
LLY	F	-0.81%
RTX	C	-0.76%
CAT	B	-0.72%
ORCL	B	-0.68%
LIN	D	-0.59%
SBUX	A	-0.59%
LMT	D	-0.57%
EOG	A	-0.54%
TGT	F	-0.49%
COST	B	-0.47%
APD	A	-0.41%
CME	A	-0.39%
ADI	D	-0.38%
MMC	B	-0.36%
KMB	D	-0.35%
CL	D	-0.33%
CB	C	-0.32%
GD	F	-0.31%
SYK	C	-0.28%
MTB	A	-0.27%
AMAT	F	-0.27%
WM	A	-0.26%
INTU	C	-0.25%
AFL	B	-0.24%
FAST	B	-0.24%
ICE	C	-0.23%
PH	A	-0.23%
SYY	B	-0.23%
ALL	A	-0.23%
LRCX	F	-0.22%
STT	A	-0.22%
DFS	B	-0.22%
GLW	B	-0.22%
NXPI	D	-0.22%
ARES	A	-0.19%
TEL	B	-0.19%
FIS	C	-0.19%
AEE	A	-0.18%
MCHP	D	-0.18%
ZTS	D	-0.17%
MSI	B	-0.17%
PCAR	B	-0.17%
YUM	B	-0.17%
NTRS	A	-0.17%
AMP	A	-0.17%
FERG	B	-0.16%
SHW	A	-0.16%
KLAC	D	-0.15%
APH	A	-0.14%
STZ	D	-0.14%
NUE	C	-0.13%
CTAS	B	-0.13%
CINF	A	-0.13%
HIG	B	-0.13%
GPC	D	-0.12%
SNA	A	-0.12%
FNF	B	-0.12%
CAH	B	-0.12%
AJG	B	-0.12%
ATO	A	-0.12%
GRMN	B	-0.12%
MSCI	C	-0.12%
OMC	C	-0.12%
AWK	D	-0.12%
CMA	A	-0.11%
RJF	A	-0.11%
TSCO	D	-0.11%
DG	F	-0.11%
WSO	A	-0.1%
HCA	F	-0.1%
GWW	B	-0.1%
NTAP	C	-0.1%
MCK	B	-0.1%
RSG	A	-0.1%
CTVA	C	-0.1%
ROST	C	-0.1%
MKC	D	-0.09%
WTW	B	-0.09%
BR	A	-0.09%
EWBC	A	-0.09%
PNW	B	-0.09%
EG	C	-0.08%
STLD	B	-0.08%
COR	B	-0.08%
HUM	C	-0.08%
UNM	A	-0.08%
OVV	B	-0.08%
SWKS	F	-0.08%
ORI	A	-0.07%
CHD	B	-0.07%
JEF	A	-0.07%
CFR	B	-0.07%
DOV	A	-0.07%
DHI	D	-0.07%
CHRW	C	-0.07%
ZION	B	-0.07%
ROP	B	-0.07%
WTRG	B	-0.07%
IEX	B	-0.06%
DKS	C	-0.06%
PB	A	-0.06%
LW	C	-0.06%
FMC	D	-0.06%
AVY	D	-0.06%
MAS	D	-0.06%
RGA	A	-0.06%
RHI	B	-0.06%
WSM	B	-0.06%
RPM	A	-0.06%
CDW	F	-0.06%
RS	B	-0.06%
EQH	B	-0.06%
VOYA	B	-0.05%
TXRH	C	-0.05%
GBCI	B	-0.05%
POR	C	-0.05%
CSL	C	-0.05%
SSNC	B	-0.05%
NXST	C	-0.05%
OZK	B	-0.05%
INGR	B	-0.05%
AFG	A	-0.05%
FAF	A	-0.05%
DPZ	C	-0.05%
ODFL	B	-0.05%
SF	B	-0.05%
WTFC	A	-0.04%
TPL	A	-0.04%
HII	D	-0.04%
MSM	C	-0.04%
AXS	A	-0.04%
TXNM	A	-0.04%
JKHY	D	-0.04%
PHM	D	-0.04%
CBSH	A	-0.04%
HRB	D	-0.04%
ALLE	D	-0.04%
AIZ	A	-0.04%
R	B	-0.04%
FDS	B	-0.04%
BPOP	B	-0.04%
NJR	A	-0.04%
SR	A	-0.04%
HOMB	A	-0.04%
FLO	D	-0.04%
PNR	A	-0.04%
SCI	B	-0.04%
WAL	B	-0.04%
CE	F	-0.04%
GGG	B	-0.04%
POOL	C	-0.04%
SON	D	-0.04%
SSB	B	-0.04%
STE	F	-0.04%
NFG	A	-0.04%
IDA	A	-0.04%
G	B	-0.03%
LCII	C	-0.03%
ESNT	D	-0.03%
UCB	A	-0.03%
FBIN	D	-0.03%
CATY	B	-0.03%
MKTX	D	-0.03%
GNTX	C	-0.03%
BWXT	B	-0.03%
AVT	C	-0.03%
FFIN	B	-0.03%
BC	C	-0.03%
PII	D	-0.03%
ITT	A	-0.03%
SEIC	B	-0.03%
ATR	B	-0.03%
MAN	D	-0.03%
OSK	B	-0.03%
THG	A	-0.03%
BRO	B	-0.03%
KTB	B	-0.03%
DCI	B	-0.03%
AOS	F	-0.03%
NVT	B	-0.03%
MTG	C	-0.03%
J	F	-0.03%
HLI	B	-0.03%
OGS	A	-0.03%
TTC	D	-0.03%
PRI	A	-0.03%
MPWR	F	-0.03%
PRGO	B	-0.03%
EVR	B	-0.03%
WLK	D	-0.02%
SLGN	A	-0.02%
MDU	D	-0.02%
LFUS	F	-0.02%
ASH	D	-0.02%
PWR	A	-0.02%
AWR	B	-0.02%
DLB	B	-0.02%
NSP	D	-0.02%
LANC	C	-0.02%
MSA	D	-0.02%
AGCO	D	-0.02%
HI	C	-0.02%
AGO	B	-0.02%
CADE	B	-0.02%
LPX	B	-0.02%
CASY	A	-0.02%
MGEE	C	-0.02%
RNR	C	-0.02%
NYT	C	-0.02%
SFBS	B	-0.02%
LAD	A	-0.02%
SNX	C	-0.02%
OTTR	C	-0.02%
AIT	A	-0.02%
UMBF	B	-0.02%
TKR	D	-0.02%
CNO	A	-0.02%
CRI	D	-0.02%
WD	D	-0.02%
PAG	B	-0.02%
GATX	A	-0.02%
UFPI	B	-0.02%
GL	B	-0.02%
SIGI	C	-0.02%
XRAY	F	-0.02%
HLNE	B	-0.02%
AL	B	-0.02%
FBP	B	-0.02%
ERIE	D	-0.02%
AVNT	B	-0.02%
CBT	C	-0.02%
WRB	A	-0.02%
RRX	B	-0.02%
RGLD	C	-0.02%
THO	B	-0.02%
WING	D	-0.01%
AMTM	D	-0.01%
KWR	C	-0.01%
GOLF	B	-0.01%
AIN	C	-0.01%
CHE	D	-0.01%
BCPC	B	-0.01%
CHDN	B	-0.01%
BCC	B	-0.01%
GPI	A	-0.01%
AAON	B	-0.01%
WMS	D	-0.01%
BRC	D	-0.01%
COLM	B	-0.01%
IOSP	B	-0.01%
CW	B	-0.01%
WHD	B	-0.01%
BMI	B	-0.01%
FELE	B	-0.01%
FUL	F	-0.01%
BANF	B	-0.01%
POWI	D	-0.01%
JJSF	B	-0.01%
TEX	D	-0.01%
MORN	B	-0.01%
SSD	D	-0.01%
CGNX	C	-0.01%
ECG	C	-0.01%
MGRC	B	-0.01%
LSTR	D	-0.01%
WTS	B	-0.01%
TTEK	F	-0.01%
RUSHA	C	-0.01%
EXPO	D	-0.01%
RLI	B	-0.01%
FCFS	F	-0.01%
WDFC	B	-0.01%
FIX	A	-0.01%
BOKF	B	-0.01%
SHOO	D	-0.01%
IPAR	B	-0.01%
WST	C	-0.01%
OLED	D	-0.01%
MATX	C	-0.01%
SIRI	C	-0.01%
AWI	A	-0.01%
ABM	B	-0.01%
CWT	D	-0.01%
DDS	B	-0.0%
RUSHB	B	-0.0%
ENSG	D	-0.0%
HEI	B	-0.0%
KNSL	B	-0.0%
NNI	D	-0.0%
HEI	B	-0.0%
CSWI	A	-0.0%
WOR	F	-0.0%
KAI	A	-0.0%