PTL vs. PAPI ETF Comparison

Comparison of Northern Lights Fund Trust IV Inspire 500 ETF (PTL) to Parametric Equity Premium Income ETF (PAPI)
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
PAPI

Parametric Equity Premium Income ETF

PAPI Description The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings *

189

* may have additional holdings in another (foreign) market
Performance
Period PTL PAPI
30 Days 5.09% 3.08%
60 Days 5.71% 3.73%
90 Days 7.67% 4.88%
12 Months 19.25%
69 Overlapping Holdings
Symbol Grade Weight in PTL Weight in PAPI Overlap
ADM D 0.18% 0.47% 0.18%
ADP B 0.86% 0.54% 0.54%
AEE A 0.16% 0.54% 0.16%
AFG A 0.08% 0.54% 0.08%
AFL B 0.42% 0.5% 0.42%
AM A 0.05% 0.53% 0.05%
AOS F 0.07% 0.48% 0.07%
ATO A 0.16% 0.53% 0.16%
ATR B 0.08% 0.52% 0.08%
BG F 0.09% 0.5% 0.09%
BKR B 0.31% 0.62% 0.31%
CAG D 0.09% 0.48% 0.09%
CFR B 0.06% 0.59% 0.06%
CHE D 0.06% 0.49% 0.06%
CHRD D 0.06% 0.52% 0.06%
CINF A 0.16% 0.58% 0.16%
COR B 0.34% 0.54% 0.34%
CTRA B 0.14% 0.57% 0.14%
DCI B 0.06% 0.55% 0.06%
DINO D 0.06% 0.51% 0.06%
DLB B 0.05% 0.51% 0.05%
DOX D 0.07% 0.49% 0.07%
DTM B 0.07% 0.62% 0.07%
DVN F 0.18% 0.5% 0.18%
ED D 0.23% 0.48% 0.23%
ELV F 0.67% 0.43% 0.43%
EMR A 0.5% 0.61% 0.5%
EOG A 0.56% 0.56% 0.56%
ESNT D 0.04% 0.45% 0.04%
EVRG A 0.1% 0.55% 0.1%
EXPD D 0.11% 0.52% 0.11%
FAST B 0.33% 0.56% 0.33%
FE C 0.16% 0.5% 0.16%
GGG B 0.1% 0.55% 0.1%
GNTX C 0.05% 0.54% 0.05%
GPC D 0.12% 0.45% 0.12%
IP B 0.15% 0.63% 0.15%
JKHY D 0.09% 0.49% 0.09%
KMI A 0.43% 0.58% 0.43%
LEN D 0.33% 0.47% 0.33%
LH C 0.14% 0.57% 0.14%
LIN D 1.49% 0.49% 0.49%
LYB F 0.19% 0.48% 0.19%
MTN C 0.05% 0.54% 0.05%
NEM D 0.35% 0.38% 0.35%
OGE B 0.06% 0.55% 0.06%
OKE A 0.48% 0.61% 0.48%
ORI A 0.07% 0.54% 0.07%
PAG B 0.07% 0.54% 0.07%
PAYX C 0.35% 0.53% 0.35%
PB A 0.06% 0.59% 0.06%
PEG A 0.3% 0.52% 0.3%
PKG A 0.15% 0.56% 0.15%
QCOM F 1.24% 0.49% 0.49%
RF A 0.17% 0.57% 0.17%
RGLD C 0.07% 0.5% 0.07%
RHI B 0.05% 0.57% 0.05%
ROP B 0.42% 0.52% 0.42%
RPRX D 0.11% 0.48% 0.11%
RS B 0.12% 0.56% 0.12%
SCCO F 0.52% 0.0% 0.0%
SNA A 0.13% 0.63% 0.13%
SWKS F 0.09% 0.45% 0.09%
TXRH C 0.09% 0.57% 0.09%
UPS C 0.77% 0.52% 0.52%
VLO C 0.33% 0.55% 0.33%
WEC A 0.22% 0.52% 0.22%
WSO A 0.15% 0.56% 0.15%
XOM B 3.74% 0.52% 0.52%
PTL Overweight 409 Positions Relative to PAPI
Symbol Grade Weight
AVGO D 5.22%
HD A 2.69%
ISRG A 1.34%
CAT B 1.22%
NEE D 1.08%
PGR A 1.06%
LOW D 1.01%
PLTR B 0.98%
PANW C 0.89%
ANET C 0.83%
PLD D 0.76%
APP B 0.76%
SHW A 0.65%
REGN F 0.63%
ICE C 0.62%
GEV B 0.62%
CTAS B 0.61%
PH A 0.61%
SNPS B 0.6%
WM A 0.6%
APH A 0.6%
WELL A 0.58%
KLAC D 0.58%
MSTR C 0.58%
MRVL B 0.57%
FDX B 0.55%
COIN C 0.54%
IBKR A 0.53%
FTNT C 0.48%
CSX B 0.47%
ORLY B 0.47%
RSG A 0.46%
SLB C 0.44%
DLR B 0.43%
TTD B 0.43%
NSC B 0.42%
SPG B 0.41%
CEG D 0.41%
FANG D 0.4%
FCX D 0.4%
PSA D 0.4%
PCAR B 0.4%
DHI D 0.39%
FICO B 0.39%
MNST C 0.37%
CPRT A 0.37%
URI B 0.37%
AZO C 0.35%
LNG B 0.35%
AIG B 0.34%
PWR A 0.33%
OXY D 0.33%
ODFL B 0.33%
CVNA B 0.33%
VRT B 0.33%
KVUE A 0.32%
TRGP B 0.32%
DDOG A 0.32%
MSCI C 0.31%
CCI D 0.31%
AME A 0.31%
PCG A 0.31%
SNOW C 0.3%
CPNG D 0.3%
EW C 0.3%
IR B 0.29%
VST B 0.29%
VRSK A 0.28%
DAL C 0.27%
VMC B 0.26%
IQV D 0.26%
EXC C 0.26%
GEHC F 0.26%
YUM B 0.25%
EXR D 0.25%
VEEV C 0.25%
RMD C 0.25%
IDXX F 0.25%
OTIS C 0.25%
MLM B 0.25%
SYY B 0.24%
FCNCA A 0.24%
TPL A 0.24%
NUE C 0.24%
MCHP D 0.24%
OWL A 0.23%
DXCM D 0.23%
NET B 0.23%
CSGP D 0.23%
TTWO A 0.23%
BRO B 0.22%
ZS C 0.22%
ETR B 0.22%
EFX F 0.22%
IOT A 0.21%
ON D 0.21%
ANSS B 0.21%
KEYS A 0.2%
RKT F 0.2%
HAL C 0.2%
TW A 0.2%
EQR B 0.2%
DECK A 0.19%
NVR D 0.19%
MPWR F 0.19%
PHM D 0.19%
DOV A 0.19%
AWK D 0.19%
TSCO D 0.19%
VLTO D 0.18%
CPAY A 0.18%
TYL B 0.18%
VTR C 0.18%
EME C 0.17%
ROL B 0.17%
MTD D 0.17%
DTE C 0.17%
NTAP C 0.17%
CBOE B 0.16%
WY D 0.16%
IFF D 0.16%
TKO B 0.16%
TOST B 0.16%
LII A 0.16%
AFRM B 0.16%
SBAC D 0.16%
TSN B 0.16%
WST C 0.16%
HUBB B 0.16%
GFS C 0.16%
WRB A 0.16%
CDW F 0.16%
STE F 0.15%
BLDR D 0.15%
MKC D 0.15%
STLD B 0.15%
WDC D 0.15%
INVH D 0.15%
WSM B 0.15%
ERIE D 0.15%
ES D 0.15%
MDB C 0.15%
MKL A 0.15%
CSL C 0.14%
FSLR F 0.14%
CNP B 0.14%
UI A 0.14%
CMS C 0.14%
ESS B 0.14%
NTNX A 0.13%
HOLX D 0.13%
SSNC B 0.13%
XPO B 0.13%
L A 0.13%
JBHT C 0.13%
PODD C 0.13%
ARE D 0.13%
MAA B 0.13%
CHWY B 0.12%
USFD A 0.12%
IEX B 0.12%
DG F 0.12%
MAS D 0.12%
TRMB B 0.12%
SUI D 0.12%
NWSA B 0.12%
ALGN D 0.12%
MRO B 0.12%
TER D 0.12%
OC A 0.12%
BAX D 0.12%
CRBG B 0.12%
NRG B 0.12%
RYAN B 0.12%
MOH F 0.12%
RPM A 0.12%
GEN B 0.12%
CASY A 0.11%
DOCU A 0.11%
RGA A 0.11%
FLEX A 0.11%
SMMT D 0.11%
TOL B 0.11%
COHR B 0.11%
ENTG D 0.11%
GWRE A 0.11%
BSY D 0.11%
UTHR C 0.11%
JEF A 0.11%
CF B 0.11%
J F 0.11%
WLK D 0.11%
FIX A 0.11%
SMCI F 0.11%
NI A 0.11%
MANH D 0.11%
CPB D 0.1%
CLH B 0.1%
POOL C 0.1%
SFM A 0.1%
INCY C 0.1%
RVTY F 0.1%
ELS C 0.1%
UHS D 0.1%
FFIV B 0.1%
REG B 0.1%
AGR B 0.1%
DLTR F 0.1%
AMH D 0.1%
NDSN B 0.1%
DOC D 0.1%
THC D 0.1%
EWBC A 0.1%
UDR B 0.1%
DT C 0.1%
SAIA B 0.1%
KMX B 0.09%
SOLV C 0.09%
SCI B 0.09%
WPC D 0.09%
PFGC B 0.09%
OVV B 0.09%
OKTA C 0.09%
HST C 0.09%
INSM C 0.09%
LAMR D 0.09%
BXP D 0.09%
PR B 0.09%
SN D 0.09%
HLI B 0.09%
PAYC B 0.09%
NBIX C 0.09%
CPT B 0.09%
CW B 0.09%
EPAM C 0.09%
EDR A 0.09%
JBL B 0.09%
DVA B 0.09%
MUSA A 0.08%
PCTY B 0.08%
AA B 0.08%
FND C 0.08%
BLD D 0.08%
CUBE D 0.08%
KNSL B 0.08%
MTZ B 0.08%
PCVX D 0.08%
ACI C 0.08%
GMED A 0.08%
BJ A 0.08%
FHN A 0.08%
LECO B 0.08%
LW C 0.08%
MEDP D 0.08%
PPC C 0.08%
SF B 0.08%
EVR B 0.08%
JNPR F 0.08%
RRX B 0.08%
ITT A 0.08%
CHRW C 0.08%
UHAL D 0.08%
ALB 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%
AYI B 0.07%
RVMD C 0.07%
REXR F 0.07%
CACI D 0.07%
PRI A 0.07%
PEN B 0.07%
KNTK B 0.07%
WING D 0.07%
WMS D 0.07%
AR B 0.07%
CFLT 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%
PCOR B 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%
COKE C 0.07%
PNW B 0.07%
GTLB B 0.07%
GME C 0.07%
WBS A 0.07%
TTEK F 0.07%
BWXT B 0.07%
WTRG B 0.07%
CCK C 0.07%
APG B 0.07%
TREX C 0.06%
NNN D 0.06%
ONTO D 0.06%
RLI B 0.06%
BRKR D 0.06%
BERY B 0.06%
OLED D 0.06%
INFA D 0.06%
TTC D 0.06%
RRC B 0.06%
SSB B 0.06%
APPF B 0.06%
MHK D 0.06%
EGP F 0.06%
APA D 0.06%
AUR C 0.06%
FYBR 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%
KNX B 0.06%
FBIN D 0.06%
CIEN B 0.06%
FOUR B 0.06%
BRX A 0.06%
S B 0.06%
ENPH F 0.06%
TPX B 0.06%
ESTC C 0.06%
CNM D 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%
STAG F 0.05%
SPSC C 0.05%
WTS B 0.05%
CELH F 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%
MSA D 0.05%
BWA D 0.05%
LSCC D 0.05%
WEX D 0.05%
GAP C 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%
U C 0.05%
UFPI B 0.05%
SAIC F 0.04%
IBP 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%
QRVO F 0.04%
BFAM D 0.04%
POST C 0.04%
ACHC F 0.03%
LCID F 0.03%
PTL Underweight 120 Positions Relative to PAPI
Symbol Grade Weight
GRMN B -0.65%
UNM A -0.61%
IDCC A -0.61%
PINC B -0.6%
FOX A -0.59%
TAP C -0.59%
EA A -0.59%
MO A -0.59%
IDA A -0.59%
JHG A -0.58%
WMB A -0.58%
JCI C -0.58%
WHR B -0.57%
TRV B -0.57%
SRE A -0.57%
DGX A -0.57%
SYK C -0.57%
FOXA B -0.57%
XEL A -0.57%
CVX A -0.57%
CMI A -0.57%
CAH B -0.56%
PM B -0.56%
TROW B -0.56%
COP C -0.56%
PPL B -0.55%
INGR B -0.55%
UNH C -0.55%
T A -0.55%
MOS F -0.54%
CMCSA B -0.54%
OGS A -0.54%
WMT A -0.54%
CSCO B -0.54%
COST B -0.54%
CHD B -0.54%
DRI B -0.54%
TJX A -0.54%
MSFT F -0.53%
CTSH B -0.53%
LHX C -0.53%
GILD C -0.53%
TXN C -0.53%
PRU A -0.53%
MSM C -0.53%
COLM B -0.53%
HPE B -0.53%
GLW B -0.53%
HP B -0.52%
LNT A -0.52%
BMI B -0.52%
ABT B -0.52%
NFG A -0.52%
PG A -0.52%
HPQ B -0.52%
PSX C -0.52%
CME A -0.52%
POR C -0.51%
AVT C -0.51%
DD D -0.51%
CALM A -0.51%
HIG B -0.51%
FNF B -0.51%
APD A -0.51%
LKQ D -0.51%
OXM D -0.51%
MDT D -0.51%
CTVA C -0.5%
BDX F -0.5%
JNJ D -0.5%
DUK C -0.5%
RTX C -0.5%
POWI D -0.5%
NYT C -0.5%
GD F -0.5%
ACN C -0.5%
VZ C -0.5%
CCOI B -0.5%
SNX C -0.5%
PFG D -0.5%
AEP D -0.5%
D C -0.5%
MTG C -0.5%
SO D -0.5%
OMC C -0.49%
KMB D -0.49%
BBY D -0.49%
PPG F -0.49%
SON D -0.49%
FLO D -0.49%
EMN D -0.49%
HRL D -0.49%
WEN D -0.48%
ADI D -0.48%
PEP F -0.48%
LEA D -0.48%
WU D -0.48%
SHOO D -0.47%
AMCR D -0.47%
CI F -0.47%
KDP D -0.46%
ABBV D -0.46%
ASH D -0.46%
FMC D -0.46%
HAS D -0.46%
KHC F -0.46%
MRK F -0.46%
IBM C -0.46%
IPG D -0.45%
KO D -0.45%
DHR F -0.45%
HUN F -0.44%
MAN D -0.44%
DOW F -0.44%
PFE D -0.44%
INSW F -0.44%
PII D -0.43%
CVI F -0.42%
CRI D -0.41%
HII D -0.39%
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