PTL vs. ILCG ETF Comparison

Comparison of Northern Lights Fund Trust IV Inspire 500 ETF (PTL) to iShares Morningstar Growth ETF (ILCG)
PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description

PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$224.62

Average Daily Volume

7,636

Number of Holdings *

478

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

iShares Morningstar Growth ETF

ILCG Description The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed of large- and mid-capitalization U.S. equities that exhibit growth 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 “growth” characteristics as determined by Morningstar, Inc. (Morningstar” or the index provider) proprietary index methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$89.27

Average Daily Volume

68,984

Number of Holdings *

387

* may have additional holdings in another (foreign) market
Performance
Period PTL ILCG
30 Days 5.09% 4.86%
60 Days 5.71% 6.65%
90 Days 7.67% 8.35%
12 Months 37.30%
202 Overlapping Holdings
Symbol Grade Weight in PTL Weight in ILCG Overlap
ADP B 0.86% 0.17% 0.17%
AFG A 0.08% 0.02% 0.02%
ALB C 0.08% 0.03% 0.03%
ALGN D 0.12% 0.04% 0.04%
AME A 0.31% 0.17% 0.17%
AMH D 0.1% 0.05% 0.05%
ANET C 0.83% 0.37% 0.37%
ANSS B 0.21% 0.11% 0.11%
AOS F 0.07% 0.02% 0.02%
APH A 0.6% 0.18% 0.18%
APP B 0.76% 0.26% 0.26%
ARE D 0.13% 0.02% 0.02%
AVGO D 5.22% 1.63% 1.63%
AWK D 0.19% 0.05% 0.05%
AZO C 0.35% 0.2% 0.2%
BJ A 0.08% 0.02% 0.02%
BKR B 0.31% 0.08% 0.08%
BLD D 0.08% 0.03% 0.03%
BLDR D 0.15% 0.04% 0.04%
BRKR D 0.06% 0.02% 0.02%
BRO B 0.22% 0.1% 0.1%
BSY D 0.11% 0.02% 0.02%
CASY A 0.11% 0.04% 0.04%
CAT B 1.22% 0.17% 0.17%
CCK C 0.07% 0.02% 0.02%
CDW F 0.16% 0.09% 0.09%
CELH F 0.05% 0.02% 0.02%
CINF A 0.16% 0.03% 0.03%
CLH B 0.1% 0.05% 0.05%
CMS C 0.14% 0.03% 0.03%
CNM D 0.06% 0.03% 0.03%
COIN C 0.54% 0.25% 0.25%
COR B 0.34% 0.09% 0.09%
CPAY A 0.18% 0.07% 0.07%
CPNG D 0.3% 0.07% 0.07%
CPRT A 0.37% 0.19% 0.19%
CPT B 0.09% 0.02% 0.02%
CSGP D 0.23% 0.11% 0.11%
CSL C 0.14% 0.08% 0.08%
CTAS B 0.61% 0.29% 0.29%
CTRA B 0.14% 0.03% 0.03%
DAL C 0.27% 0.07% 0.07%
DDOG A 0.32% 0.15% 0.15%
DECK A 0.19% 0.11% 0.11%
DLR B 0.43% 0.17% 0.17%
DLTR F 0.1% 0.02% 0.02%
DOCU A 0.11% 0.06% 0.06%
DOV A 0.19% 0.07% 0.07%
DT C 0.1% 0.05% 0.05%
DVA B 0.09% 0.01% 0.01%
DXCM D 0.23% 0.11% 0.11%
EFX F 0.22% 0.12% 0.12%
ELS C 0.1% 0.03% 0.03%
EME C 0.17% 0.09% 0.09%
ENPH F 0.06% 0.03% 0.03%
ENTG D 0.11% 0.04% 0.04%
EPAM C 0.09% 0.03% 0.03%
EQR B 0.2% 0.04% 0.04%
ERIE D 0.15% 0.04% 0.04%
ESS B 0.14% 0.04% 0.04%
EW C 0.3% 0.16% 0.16%
EXR D 0.25% 0.05% 0.05%
FAST B 0.33% 0.18% 0.18%
FCNCA A 0.24% 0.11% 0.11%
FFIV B 0.1% 0.02% 0.02%
FICO B 0.39% 0.22% 0.22%
FIX A 0.11% 0.07% 0.07%
FLEX A 0.11% 0.02% 0.02%
FND C 0.08% 0.04% 0.04%
FSLR F 0.14% 0.07% 0.07%
FTNT C 0.48% 0.23% 0.23%
GEHC F 0.26% 0.06% 0.06%
GEN B 0.12% 0.03% 0.03%
GEV B 0.62% 0.19% 0.19%
GGG B 0.1% 0.06% 0.06%
GPC D 0.12% 0.03% 0.03%
HAL C 0.2% 0.06% 0.06%
HUBB B 0.16% 0.09% 0.09%
IBKR A 0.53% 0.08% 0.08%
ICE C 0.62% 0.06% 0.06%
IDXX F 0.25% 0.13% 0.13%
IEX B 0.12% 0.07% 0.07%
INCY C 0.1% 0.02% 0.02%
INVH D 0.15% 0.08% 0.08%
IQV D 0.26% 0.09% 0.09%
IR B 0.29% 0.16% 0.16%
ISRG A 1.34% 0.73% 0.73%
J F 0.11% 0.04% 0.04%
JBHT C 0.13% 0.04% 0.04%
JBL B 0.09% 0.03% 0.03%
JKHY D 0.09% 0.05% 0.05%
KEYS A 0.2% 0.05% 0.05%
KLAC D 0.58% 0.12% 0.12%
KMX B 0.09% 0.02% 0.02%
LECO B 0.08% 0.04% 0.04%
LII A 0.16% 0.08% 0.08%
LIN D 1.49% 0.15% 0.15%
LNG B 0.35% 0.06% 0.06%
LW C 0.08% 0.04% 0.04%
MAA B 0.13% 0.03% 0.03%
MANH D 0.11% 0.06% 0.06%
MAS D 0.12% 0.03% 0.03%
MCHP D 0.24% 0.06% 0.06%
MDB C 0.15% 0.08% 0.08%
MEDP D 0.08% 0.03% 0.03%
MKC D 0.15% 0.04% 0.04%
MKL A 0.15% 0.05% 0.05%
MLM B 0.25% 0.14% 0.14%
MNST C 0.37% 0.15% 0.15%
MOH F 0.12% 0.04% 0.04%
MPWR F 0.19% 0.11% 0.11%
MRVL B 0.57% 0.3% 0.3%
MSCI C 0.31% 0.18% 0.18%
MSTR C 0.58% 0.18% 0.18%
MTD D 0.17% 0.1% 0.1%
NBIX C 0.09% 0.05% 0.05%
NDSN B 0.1% 0.05% 0.05%
NEM D 0.35% 0.11% 0.11%
NET B 0.23% 0.11% 0.11%
NRG B 0.12% 0.03% 0.03%
NTAP C 0.17% 0.05% 0.05%
NTNX A 0.13% 0.06% 0.06%
ODFL B 0.33% 0.15% 0.15%
OKTA C 0.09% 0.05% 0.05%
ON D 0.21% 0.04% 0.04%
ORLY B 0.47% 0.07% 0.07%
OTIS C 0.25% 0.09% 0.09%
PANW C 0.89% 0.48% 0.48%
PAYC B 0.09% 0.04% 0.04%
PAYX C 0.35% 0.18% 0.18%
PCG A 0.31% 0.07% 0.07%
PCOR B 0.07% 0.02% 0.02%
PFGC B 0.09% 0.05% 0.05%
PGR A 1.06% 0.31% 0.31%
PH A 0.61% 0.15% 0.15%
PHM D 0.19% 0.04% 0.04%
PLD D 0.76% 0.11% 0.11%
PLTR B 0.98% 0.48% 0.48%
PODD C 0.13% 0.07% 0.07%
POOL C 0.1% 0.03% 0.03%
PSA D 0.4% 0.1% 0.1%
PWR A 0.33% 0.19% 0.19%
QRVO F 0.04% 0.01% 0.01%
REG B 0.1% 0.02% 0.02%
RMD C 0.25% 0.14% 0.14%
ROL B 0.17% 0.06% 0.06%
ROP B 0.42% 0.1% 0.1%
RPM A 0.12% 0.04% 0.04%
RRX B 0.08% 0.02% 0.02%
RSG A 0.46% 0.05% 0.05%
RVTY F 0.1% 0.02% 0.02%
SAIA B 0.1% 0.05% 0.05%
SBAC D 0.16% 0.09% 0.09%
SCI B 0.09% 0.03% 0.03%
SHW A 0.65% 0.11% 0.11%
SLB C 0.44% 0.04% 0.04%
SMCI F 0.11% 0.05% 0.05%
SNA A 0.13% 0.02% 0.02%
SNOW C 0.3% 0.16% 0.16%
SNPS B 0.6% 0.32% 0.32%
STE F 0.15% 0.08% 0.08%
SUI D 0.12% 0.06% 0.06%
SYY B 0.24% 0.14% 0.14%
TER D 0.12% 0.03% 0.03%
TOL B 0.11% 0.02% 0.02%
TPL A 0.24% 0.11% 0.11%
TRGP B 0.32% 0.07% 0.07%
TRMB B 0.12% 0.04% 0.04%
TSCO D 0.19% 0.08% 0.08%
TSN B 0.16% 0.03% 0.03%
TTD B 0.43% 0.21% 0.21%
TTEK F 0.07% 0.04% 0.04%
TTWO A 0.23% 0.12% 0.12%
TW A 0.2% 0.06% 0.06%
TYL B 0.18% 0.1% 0.1%
U C 0.05% 0.02% 0.02%
UDR B 0.1% 0.03% 0.03%
UHAL D 0.08% 0.01% 0.01%
UHAL D 0.08% 0.0% 0.0%
UHS D 0.1% 0.02% 0.02%
URI B 0.37% 0.1% 0.1%
USFD A 0.12% 0.03% 0.03%
VEEV C 0.25% 0.12% 0.12%
VLTO D 0.18% 0.06% 0.06%
VMC B 0.26% 0.14% 0.14%
VRSK A 0.28% 0.16% 0.16%
VRT B 0.33% 0.2% 0.2%
VST B 0.29% 0.12% 0.12%
VTR C 0.18% 0.03% 0.03%
WELL A 0.58% 0.12% 0.12%
WING D 0.07% 0.04% 0.04%
WLK D 0.11% 0.01% 0.01%
WM A 0.6% 0.09% 0.09%
WMS D 0.07% 0.04% 0.04%
WRB A 0.16% 0.04% 0.04%
WSM B 0.15% 0.04% 0.04%
WSO A 0.15% 0.07% 0.07%
WST C 0.16% 0.09% 0.09%
WTRG B 0.07% 0.01% 0.01%
XPO B 0.13% 0.04% 0.04%
YUM B 0.25% 0.14% 0.14%
ZS C 0.22% 0.07% 0.07%
PTL Overweight 277 Positions Relative to ILCG
Symbol Grade Weight
XOM B 3.74%
HD A 2.69%
QCOM F 1.24%
NEE D 1.08%
LOW D 1.01%
UPS C 0.77%
ELV F 0.67%
REGN F 0.63%
EOG A 0.56%
FDX B 0.55%
SCCO F 0.52%
EMR A 0.5%
OKE A 0.48%
CSX B 0.47%
KMI A 0.43%
NSC B 0.42%
AFL B 0.42%
SPG B 0.41%
CEG D 0.41%
FANG D 0.4%
FCX D 0.4%
PCAR B 0.4%
DHI D 0.39%
AIG B 0.34%
VLO C 0.33%
LEN D 0.33%
OXY D 0.33%
CVNA B 0.33%
KVUE A 0.32%
CCI D 0.31%
PEG A 0.3%
EXC C 0.26%
NUE C 0.24%
OWL A 0.23%
ED D 0.23%
WEC A 0.22%
ETR B 0.22%
IOT A 0.21%
RKT F 0.2%
LYB F 0.19%
NVR D 0.19%
DVN F 0.18%
ADM D 0.18%
RF A 0.17%
DTE C 0.17%
CBOE B 0.16%
WY D 0.16%
ATO A 0.16%
IFF D 0.16%
TKO B 0.16%
TOST B 0.16%
AFRM B 0.16%
FE C 0.16%
GFS C 0.16%
AEE A 0.16%
IP B 0.15%
STLD B 0.15%
WDC D 0.15%
ES D 0.15%
PKG A 0.15%
CNP B 0.14%
UI A 0.14%
LH C 0.14%
HOLX D 0.13%
SSNC B 0.13%
L A 0.13%
CHWY B 0.12%
DG F 0.12%
NWSA B 0.12%
RS B 0.12%
MRO B 0.12%
OC A 0.12%
BAX D 0.12%
CRBG B 0.12%
RYAN B 0.12%
RGA A 0.11%
SMMT D 0.11%
COHR B 0.11%
GWRE A 0.11%
RPRX D 0.11%
UTHR C 0.11%
JEF A 0.11%
CF B 0.11%
EXPD D 0.11%
NI A 0.11%
CPB D 0.1%
SFM A 0.1%
AGR B 0.1%
DOC D 0.1%
THC D 0.1%
EVRG A 0.1%
EWBC A 0.1%
TXRH C 0.09%
SOLV C 0.09%
WPC D 0.09%
BG F 0.09%
OVV B 0.09%
HST C 0.09%
INSM C 0.09%
LAMR D 0.09%
BXP D 0.09%
CAG D 0.09%
PR B 0.09%
SN D 0.09%
HLI B 0.09%
CW B 0.09%
EDR A 0.09%
SWKS F 0.09%
MUSA A 0.08%
PCTY B 0.08%
AA B 0.08%
CUBE D 0.08%
KNSL B 0.08%
ATR B 0.08%
MTZ B 0.08%
PCVX D 0.08%
ACI C 0.08%
GMED A 0.08%
FHN A 0.08%
PPC C 0.08%
SF B 0.08%
EVR B 0.08%
JNPR F 0.08%
ITT A 0.08%
CHRW C 0.08%
BIO D 0.07%
ITCI C 0.07%
LAD A 0.07%
BRBR A 0.07%
ALSN B 0.07%
RBC A 0.07%
FRT B 0.07%
EHC B 0.07%
PNFP B 0.07%
DOX D 0.07%
AYI B 0.07%
RVMD C 0.07%
REXR F 0.07%
RGLD C 0.07%
CACI D 0.07%
ORI A 0.07%
PRI A 0.07%
PEN B 0.07%
KNTK B 0.07%
AR B 0.07%
CFLT B 0.07%
DTM B 0.07%
UWMC D 0.07%
GNRC B 0.07%
GL B 0.07%
AAON B 0.07%
WAL B 0.07%
CR A 0.07%
AIT A 0.07%
HLNE B 0.07%
MLI C 0.07%
LBRDA C 0.07%
EXP A 0.07%
MKTX D 0.07%
EXEL B 0.07%
WCC B 0.07%
OHI C 0.07%
SEIC B 0.07%
PAG B 0.07%
COKE C 0.07%
PNW B 0.07%
GTLB B 0.07%
GME C 0.07%
WBS A 0.07%
BWXT B 0.07%
APG B 0.07%
TREX C 0.06%
NNN D 0.06%
ONTO D 0.06%
RLI B 0.06%
BERY B 0.06%
OLED D 0.06%
PB A 0.06%
INFA D 0.06%
CHE D 0.06%
TTC D 0.06%
RRC B 0.06%
SSB B 0.06%
APPF B 0.06%
MHK D 0.06%
OGE B 0.06%
CHRD D 0.06%
EGP F 0.06%
APA D 0.06%
AUR C 0.06%
FYBR D 0.06%
DINO D 0.06%
HESM B 0.06%
HQY B 0.06%
ENSG D 0.06%
MTSI B 0.06%
AXTA A 0.06%
CRS A 0.06%
PLNT A 0.06%
GPK C 0.06%
SUM B 0.06%
ALTR B 0.06%
WTFC A 0.06%
FLR B 0.06%
ROIV C 0.06%
ZION B 0.06%
DCI B 0.06%
KNX B 0.06%
FBIN D 0.06%
CIEN B 0.06%
FOUR B 0.06%
CFR B 0.06%
BRX A 0.06%
S B 0.06%
TPX B 0.06%
ESTC C 0.06%
SITE D 0.05%
AN C 0.05%
AMKR D 0.05%
COLD D 0.05%
CGNX C 0.05%
MTH D 0.05%
SATS D 0.05%
NUVL D 0.05%
AGCO D 0.05%
WFRD D 0.05%
WSC D 0.05%
GNTX C 0.05%
STAG F 0.05%
SPSC C 0.05%
WTS B 0.05%
STWD C 0.05%
ATI D 0.05%
NPAB B 0.05%
HCP B 0.05%
PATH C 0.05%
FCN D 0.05%
FR C 0.05%
MTN C 0.05%
MSA D 0.05%
BWA D 0.05%
LSCC D 0.05%
WEX D 0.05%
RHI B 0.05%
AM A 0.05%
GAP C 0.05%
DLB B 0.05%
TMHC B 0.05%
JAZZ B 0.05%
KBR F 0.05%
BOKF B 0.05%
MIDD C 0.05%
SSD D 0.05%
GKOS B 0.05%
LPX B 0.05%
MKSI C 0.05%
ADC B 0.05%
VNO B 0.05%
FRPT B 0.05%
AGNC D 0.05%
RGEN D 0.05%
G B 0.05%
KEX C 0.05%
UFPI B 0.05%
SAIC F 0.04%
IBP D 0.04%
ESNT D 0.04%
LNTH D 0.04%
TRNO F 0.04%
ARW D 0.04%
VKTX F 0.04%
LSTR D 0.04%
ELAN D 0.04%
BFAM D 0.04%
POST C 0.04%
ACHC F 0.03%
LCID F 0.03%
PTL Underweight 185 Positions Relative to ILCG
Symbol Grade Weight
NVDA C -13.45%
MSFT F -11.98%
AMZN C -7.48%
AAPL C -6.31%
TSLA B -3.71%
META D -2.69%
LLY F -2.38%
GOOGL C -2.07%
V A -2.01%
GOOG C -1.86%
MA C -1.64%
NFLX A -1.44%
CRM B -1.16%
AMD F -0.87%
ADBE C -0.85%
NOW A -0.81%
COST B -0.74%
INTU C -0.7%
UBER D -0.54%
GE D -0.4%
MELI D -0.36%
EQIX A -0.34%
MRK F -0.34%
ORCL B -0.33%
ETN A -0.32%
CMG B -0.31%
CRWD B -0.31%
CDNS B -0.31%
UNH C -0.28%
TDG D -0.27%
SPGI C -0.26%
ADSK A -0.25%
HLT A -0.24%
BX A -0.24%
BSX B -0.24%
DIS B -0.23%
ABNB C -0.22%
BKNG A -0.22%
DASH A -0.21%
WDAY B -0.21%
AMAT F -0.21%
AXP A -0.21%
SYK C -0.21%
SQ B -0.2%
GWW B -0.2%
VRTX F -0.2%
TT A -0.19%
ROST C -0.18%
HWM A -0.18%
AXON A -0.17%
MCD D -0.17%
HES B -0.16%
MCO B -0.16%
RCL A -0.15%
SBUX A -0.15%
TEAM A -0.15%
IT C -0.15%
LRCX F -0.14%
ZTS D -0.14%
CARR D -0.14%
A D -0.14%
TJX A -0.14%
AMP A -0.14%
JCI C -0.13%
CMI A -0.13%
LULU C -0.13%
ECL D -0.13%
WAB B -0.13%
HUBS A -0.13%
ACN C -0.12%
ARES A -0.12%
ROK B -0.12%
RBLX C -0.11%
CHD B -0.11%
KKR A -0.11%
EA A -0.11%
MMC B -0.11%
TMO F -0.11%
ALNY D -0.11%
XYL D -0.11%
CBRE B -0.1%
FI A -0.1%
GDDY A -0.1%
TRV B -0.1%
BR A -0.1%
MSI B -0.1%
PTC A -0.09%
CL D -0.09%
LPLA A -0.09%
TEL B -0.09%
MCK B -0.09%
TMUS B -0.09%
DFS B -0.09%
NTRA B -0.08%
LYV A -0.08%
LVS C -0.08%
NKE D -0.08%
GRMN B -0.08%
STZ D -0.08%
D C -0.08%
AJG B -0.08%
AON A -0.08%
ILMN D -0.08%
ALL A -0.08%
FWONK B -0.07%
IRM D -0.07%
BURL A -0.07%
ADI D -0.07%
HOOD B -0.07%
CTVA C -0.07%
FDS B -0.07%
FTV C -0.07%
RJF A -0.07%
TRU D -0.07%
APO B -0.07%
ZBRA B -0.06%
EL F -0.06%
DPZ C -0.06%
PSTG D -0.06%
VRSN F -0.06%
DELL C -0.06%
WTW B -0.06%
DD D -0.06%
AVB B -0.06%
EQT B -0.06%
KMB D -0.06%
TWLO A -0.06%
HEI B -0.06%
O D -0.06%
TDY B -0.05%
KIM A -0.05%
KDP D -0.05%
NDAQ A -0.05%
NVT B -0.05%
PNR A -0.05%
DOW F -0.05%
WAT B -0.05%
CLX B -0.05%
BAH F -0.05%
HSY F -0.05%
COO D -0.05%
ACM A -0.04%
DRI B -0.04%
SRPT D -0.04%
CHDN B -0.04%
EXAS D -0.04%
PINS D -0.04%
TECH D -0.04%
MAR B -0.04%
BALL D -0.04%
PPG F -0.04%
DKNG B -0.04%
SNAP C -0.04%
ZBH C -0.04%
EBAY D -0.04%
EXPE B -0.04%
ACGL D -0.04%
HEI B -0.04%
GPN B -0.04%
DAY B -0.04%
BMRN D -0.04%
AZPN A -0.03%
ALLE D -0.03%
TXT D -0.03%
AVTR F -0.03%
ULTA F -0.03%
AVY D -0.03%
LUV C -0.03%
LDOS C -0.03%
WYNN D -0.03%
MORN B -0.03%
MGM D -0.02%
CE F -0.02%
HII D -0.02%
DKS C -0.02%
MRNA F -0.02%
AKAM D -0.02%
CRL C -0.02%
SWK D -0.02%
APTV D -0.02%
FWONA B -0.01%
COTY F -0.01%
ALAB B -0.01%
HRL D -0.01%
TFX F -0.01%
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