NACP vs. DVY ETF Comparison

Comparison of Impact Shares NAACP Minority Empowerment ETF (NACP) to iShares Select Dividend ETF (DVY)

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

DVY

iShares Select Dividend ETF

DVY Description

The investment seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities. 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. It seeks to track the investment results of the Dow Jones U.S. Select Dividend Index (the "underlying index"), which measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.

Grade (RS Rating)

Last Trade

$134.74

Average Daily Volume

379,192

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NACP	DVY
30 Days	3.64%	2.97%
60 Days	5.52%	5.35%
90 Days	4.72%	12.66%
12 Months	34.73%	30.09%

40 Overlapping Holdings

Symbol	Grade	Weight in NACP	Weight in DVY	Overlap
AEP	C	0.19%	1.32%	0.19%
CMS	B	0.07%	1.1%	0.07%
CVX	F	1.04%	1.01%	1.01%
D	C	0.18%	1.74%	0.18%
DTE	A	0.08%	1.09%	0.08%
EIX	B	0.11%	1.48%	0.11%
ES	B	0.08%	1.39%	0.08%
ETR	A	0.08%	1.45%	0.08%
EXC	B	0.15%	1.16%	0.15%
F	F	0.15%	1.08%	0.15%
FE	B	0.08%	1.31%	0.08%
GILD	B	0.35%	1.24%	0.35%
HBAN	B	0.07%	1.38%	0.07%
HPQ	C	0.62%	1.16%	0.62%
IBM	B	3.08%	1.04%	1.04%
IPG	C	0.16%	0.99%	0.16%
KO	B	0.99%	0.97%	0.97%
LNT	A	0.05%	1.24%	0.05%
MET	B	0.17%	0.88%	0.17%
MRK	F	1.03%	0.55%	0.55%
NEE	B	0.66%	1.35%	0.66%
NEM	C	0.22%	1.36%	0.22%
NI	B	0.05%	1.35%	0.05%
NRG	B	0.07%	1.25%	0.07%
OKE	C	0.18%	1.73%	0.18%
PEG	B	0.14%	1.39%	0.14%
PFE	D	0.62%	1.65%	0.62%
PFG	B	0.03%	0.91%	0.03%
PPL	A	0.08%	1.19%	0.08%
RF	B	0.07%	1.61%	0.07%
SRE	B	0.18%	0.99%	0.18%
T	B	0.45%	2.07%	0.45%
TFC	D	0.22%	1.75%	0.22%
TROW	C	0.09%	1.1%	0.09%
VLO	F	0.17%	0.74%	0.17%
VZ	A	2.26%	1.81%	1.81%
WBA	F	0.03%	0.47%	0.03%
WEC	B	0.1%	1.31%	0.1%
XEL	B	0.12%	0.98%	0.12%
XOM	D	2.0%	1.01%	1.01%

NACP Overweight 156 Positions Relative to DVY

Symbol	Grade	Weight
AAPL	C	5.03%
NVDA	C	4.9%
MSFT	C	4.63%
AMZN	C	4.47%
META	B	3.63%
ACN	C	3.58%
QCOM	D	3.18%
GOOGL	D	2.41%
JPM	D	2.39%
UBER	C	2.29%
TSLA	C	2.22%
GOOG	D	2.16%
UNH	C	1.95%
PANW	D	1.81%
MU	D	1.75%
V	C	1.53%
INTC	D	1.52%
JNJ	C	1.44%
MA	B	1.4%
ABBV	B	1.22%
BAC	D	0.99%
PEP	D	0.92%
TMO	B	0.83%
WMT	B	0.73%
ABT	C	0.69%
GE	C	0.69%
DHR	B	0.64%
AXP	B	0.56%
UNP	D	0.56%
SPGI	C	0.55%
DELL	C	0.54%
LOW	B	0.51%
COP	F	0.49%
ELV	D	0.47%
MS	B	0.47%
HON	C	0.46%
C	C	0.45%
EA	D	0.45%
ETN	C	0.44%
MDT	B	0.42%
PLD	C	0.42%
BSX	B	0.41%
ADP	C	0.4%
BA	F	0.38%
MELI	C	0.38%
CI	C	0.37%
DE	A	0.36%
MDLZ	C	0.36%
NKE	D	0.36%
BMY	C	0.35%
UPS	D	0.35%
SO	B	0.35%
SCHW	D	0.33%
DUK	B	0.32%
EQIX	B	0.29%
TT	B	0.29%
NOC	B	0.29%
PNC	C	0.27%
CVS	D	0.27%
PYPL	B	0.27%
ITW	B	0.27%
MMM	B	0.26%
MCO	C	0.26%
FDX	D	0.25%
FCX	C	0.25%
AON	B	0.24%
CSX	C	0.24%
MPC	F	0.23%
BDX	D	0.23%
PSX	F	0.22%
EMR	D	0.22%
ECL	B	0.21%
NSC	C	0.2%
WMB	C	0.19%
MAR	B	0.19%
TRV	C	0.18%
CCI	C	0.18%
GM	C	0.18%
URI	B	0.18%
BK	B	0.17%
JCI	B	0.17%
HLT	B	0.17%
LNG	D	0.16%
LHX	C	0.16%
KMI	C	0.15%
HES	F	0.15%
CMI	B	0.15%
EW	F	0.15%
DD	B	0.14%
A	C	0.14%
HWM	B	0.14%
OTIS	B	0.13%
KR	B	0.13%
AME	C	0.13%
VRSK	D	0.13%
VMC	C	0.12%
IR	B	0.12%
MLM	D	0.12%
ED	B	0.12%
KHC	C	0.12%
RCL	B	0.12%
AVB	C	0.11%
ROK	D	0.11%
EBAY	B	0.11%
VST	B	0.11%
ADM	D	0.11%
RMD	C	0.11%
XYL	C	0.11%
HSY	D	0.1%
DVN	F	0.1%
PPG	C	0.1%
BIIB	F	0.1%
PCG	C	0.09%
IFF	A	0.09%
DAL	C	0.09%
SYF	C	0.08%
APTV	D	0.08%
SBAC	C	0.08%
NDAQ	C	0.08%
LII	C	0.07%
EXPD	B	0.07%
TSN	D	0.07%
CLX	C	0.07%
BAH	B	0.07%
BAX	C	0.07%
K	A	0.07%
ILMN	D	0.07%
SWK	B	0.06%
LUV	C	0.06%
DOC	B	0.06%
DGX	B	0.06%
HUBB	B	0.06%
TXT	D	0.06%
SJM	C	0.05%
AMH	D	0.05%
OC	C	0.05%
ACM	B	0.05%
NDSN	C	0.05%
UAL	B	0.05%
AES	C	0.05%
JBHT	D	0.05%
BG	F	0.05%
CF	B	0.05%
CPB	C	0.04%
REG	C	0.04%
LECO	D	0.04%
TFX	B	0.04%
ALB	D	0.04%
EMN	B	0.04%
USFD	C	0.04%
BWA	C	0.03%
SCCO	C	0.03%
MOS	F	0.03%
HRL	F	0.03%
CNH	C	0.03%
TAP	D	0.03%

NACP Underweight 58 Positions Relative to DVY

Symbol	Grade	Weight
MO	C	-2.99%
PM	C	-1.93%
IP	C	-1.81%
CFG	D	-1.8%
KEY	C	-1.74%
BBY	A	-1.52%
CAG	B	-1.47%
PRU	C	-1.36%
FITB	B	-1.33%
USB	C	-1.32%
LYB	D	-1.22%
KMB	C	-1.19%
FNF	B	-1.11%
PNW	C	-1.11%
GIS	B	-1.06%
LMT	A	-0.98%
ORI	B	-0.96%
FHN	D	-0.94%
OMC	B	-0.93%
STX	B	-0.91%
PKG	B	-0.9%
CMA	C	-0.89%
HRB	C	-0.88%
OGE	B	-0.87%
CINF	C	-0.86%
UNM	B	-0.86%
FMC	B	-0.85%
IVZ	B	-0.83%
WSO	C	-0.79%
GRMN	D	-0.74%
SW	B	-0.73%
CNP	C	-0.73%
OMF	D	-0.63%
GPC	D	-0.63%
BEN	F	-0.63%
WHR	C	-0.6%
LAZ	B	-0.59%
UBSI	D	-0.57%
MCD	B	-0.57%
IDA	B	-0.56%
FNB	D	-0.56%
SON	D	-0.56%
JHG	B	-0.54%
UGI	B	-0.54%
NJR	C	-0.51%
VLY	D	-0.44%
WU	C	-0.44%
BKH	B	-0.44%
SWX	C	-0.42%
MSM	D	-0.41%
HUN	C	-0.39%
NWE	A	-0.38%
FHI	B	-0.33%
AVA	B	-0.32%
NWL	C	-0.32%
WEN	C	-0.31%
CC	D	-0.29%
KSS	D	-0.22%