NACP vs. SELV ETF Comparison

Comparison of Impact Shares NAACP Minority Empowerment ETF (NACP) to SEI Enhanced Low Volatility U.S. Large Cap ETF (SELV)

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

SELV

SEI Enhanced Low Volatility U.S. Large Cap ETF

SELV Description

SEI Enhanced Low Volatility U.S. Large Cap ETF is an exchange traded fund launched and managed by SEI Investments Management Corporation. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in low volatile stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. It employs quantitative analysis to create its portfolio. SEI Enhanced Low Volatility U.S. Large Cap ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$30.51

Average Daily Volume

6,296

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NACP	SELV
30 Days	2.08%	2.92%
60 Days	4.48%	3.42%
90 Days	6.57%	5.93%
12 Months	32.92%	21.59%

31 Overlapping Holdings

Symbol	Grade	Weight in NACP	Weight in SELV	Overlap
AAPL	C	5.03%	4.29%	4.29%
ACN	C	3.58%	1.56%	1.56%
AMZN	C	4.47%	0.3%	0.3%
BMY	B	0.35%	1.28%	0.35%
CMS	C	0.07%	0.05%	0.05%
CVS	D	0.27%	0.49%	0.27%
CVX	A	1.04%	2.08%	1.04%
DGX	A	0.06%	0.95%	0.06%
DTE	C	0.08%	0.31%	0.08%
DUK	C	0.32%	1.82%	0.32%
ED	D	0.12%	1.85%	0.12%
EXPD	D	0.07%	1.63%	0.07%
GILD	C	0.35%	2.07%	0.35%
GOOG	C	2.16%	1.56%	1.56%
GOOGL	C	2.41%	0.48%	0.48%
HSY	F	0.1%	0.9%	0.1%
JNJ	D	1.44%	2.4%	1.44%
K	A	0.07%	0.29%	0.07%
KMI	A	0.15%	0.87%	0.15%
MDLZ	F	0.36%	0.17%	0.17%
MMM	D	0.26%	0.23%	0.23%
MPC	D	0.23%	0.12%	0.12%
MRK	F	1.03%	2.29%	1.03%
MSFT	F	4.63%	5.86%	4.63%
PFE	D	0.62%	0.51%	0.51%
SJM	D	0.05%	0.47%	0.05%
T	A	0.45%	2.63%	0.45%
TRV	B	0.18%	0.93%	0.18%
VRSK	A	0.13%	1.96%	0.13%
VZ	C	2.26%	2.25%	2.25%
WMT	A	0.73%	3.33%	0.73%

NACP Overweight 166 Positions Relative to SELV

Symbol	Grade	Weight
NVDA	C	4.9%
META	D	3.63%
QCOM	F	3.18%
IBM	C	3.08%
JPM	A	2.39%
UBER	D	2.29%
TSLA	B	2.22%
XOM	B	2.0%
UNH	C	1.95%
PANW	C	1.81%
MU	D	1.75%
V	A	1.53%
INTC	D	1.52%
MA	C	1.4%
ABBV	D	1.22%
KO	D	0.99%
BAC	A	0.99%
PEP	F	0.92%
TMO	F	0.83%
ABT	B	0.69%
GE	D	0.69%
NEE	D	0.66%
DHR	F	0.64%
HPQ	B	0.62%
AXP	A	0.56%
UNP	C	0.56%
SPGI	C	0.55%
DELL	C	0.54%
LOW	D	0.51%
COP	C	0.49%
ELV	F	0.47%
MS	A	0.47%
HON	B	0.46%
C	A	0.45%
EA	A	0.45%
ETN	A	0.44%
MDT	D	0.42%
PLD	D	0.42%
BSX	B	0.41%
ADP	B	0.4%
BA	F	0.38%
MELI	D	0.38%
CI	F	0.37%
DE	A	0.36%
NKE	D	0.36%
UPS	C	0.35%
SO	D	0.35%
SCHW	B	0.33%
EQIX	A	0.29%
TT	A	0.29%
NOC	D	0.29%
PNC	B	0.27%
PYPL	B	0.27%
ITW	B	0.27%
MCO	B	0.26%
FDX	B	0.25%
FCX	D	0.25%
AON	A	0.24%
CSX	B	0.24%
BDX	F	0.23%
PSX	C	0.22%
TFC	A	0.22%
NEM	D	0.22%
EMR	A	0.22%
ECL	D	0.21%
NSC	B	0.2%
WMB	A	0.19%
AEP	D	0.19%
MAR	B	0.19%
OKE	A	0.18%
SRE	A	0.18%
CCI	D	0.18%
D	C	0.18%
GM	B	0.18%
URI	B	0.18%
MET	A	0.17%
BK	A	0.17%
VLO	C	0.17%
JCI	C	0.17%
HLT	A	0.17%
LNG	B	0.16%
IPG	D	0.16%
LHX	C	0.16%
HES	B	0.15%
EXC	C	0.15%
CMI	A	0.15%
EW	C	0.15%
F	C	0.15%
DD	D	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%
VMC	B	0.12%
IR	B	0.12%
MLM	B	0.12%
XEL	A	0.12%
KHC	F	0.12%
RCL	A	0.12%
AVB	B	0.11%
ROK	B	0.11%
EBAY	D	0.11%
VST	B	0.11%
EIX	B	0.11%
ADM	D	0.11%
RMD	C	0.11%
XYL	D	0.11%
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	C	0.09%
SYF	B	0.08%
APTV	D	0.08%
SBAC	D	0.08%
PPL	B	0.08%
FE	C	0.08%
ETR	B	0.08%
NDAQ	A	0.08%
ES	D	0.08%
NRG	B	0.07%
LII	A	0.07%
TSN	B	0.07%
CLX	B	0.07%
BAH	F	0.07%
BAX	D	0.07%
LH	C	0.07%
ILMN	D	0.07%
HBAN	A	0.07%
RF	A	0.07%
SWK	D	0.06%
LUV	C	0.06%
DOC	D	0.06%
HUBB	B	0.06%
TXT	D	0.06%
AMH	D	0.05%
NI	A	0.05%
OC	A	0.05%
ACM	A	0.05%
NDSN	B	0.05%
UAL	A	0.05%
LNT	A	0.05%
AES	F	0.05%
JBHT	C	0.05%
BG	F	0.05%
CF	B	0.05%
CPB	D	0.04%
REG	B	0.04%
LECO	B	0.04%
TFX	F	0.04%
ALB	C	0.04%
EMN	D	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 49 Positions Relative to SELV

Symbol	Grade	Weight
ORCL	B	-4.48%
RSG	A	-2.58%
PG	A	-2.57%
MCK	B	-2.55%
CSCO	B	-2.35%
ROP	B	-2.24%
CAH	B	-2.2%
OMC	C	-2.09%
WRB	A	-2.02%
MSI	B	-1.99%
WM	A	-1.84%
CL	D	-1.77%
CMCSA	B	-1.65%
CB	C	-1.58%
BRK.A	B	-1.58%
GIS	D	-1.31%
MCD	D	-1.27%
RS	B	-1.27%
MKL	A	-1.25%
DOX	D	-1.13%
COR	B	-1.11%
HRB	D	-0.97%
MANH	D	-0.83%
APH	A	-0.78%
ARW	D	-0.78%
LSTR	D	-0.72%
TMUS	B	-0.68%
ALL	A	-0.66%
ATO	A	-0.65%
JNPR	F	-0.62%
NFG	A	-0.55%
WTM	A	-0.52%
AVT	C	-0.49%
SLGN	A	-0.49%
AZO	C	-0.48%
DLB	B	-0.48%
LOPE	B	-0.45%
MSM	C	-0.39%
NEU	C	-0.33%
RHI	B	-0.33%
SNA	A	-0.32%
LMT	D	-0.31%
G	B	-0.23%
MMC	B	-0.23%
L	A	-0.23%
CHE	D	-0.22%
YUM	B	-0.2%
FOX	A	-0.07%
SCI	B	-0.06%