PY vs. PTL ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to Northern Lights Fund Trust IV Inspire 500 ETF (PTL)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$50.04

Average Daily Volume

4,247

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

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

$214.24

Average Daily Volume

7,134

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PY	PTL
30 Days	3.90%	5.08%
60 Days	11.08%	11.42%
90 Days	10.18%	7.70%
12 Months	33.01%

6 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in PTL	Overlap
AVGO	B	2.46%	5.67%	2.46%
CAT	A	1.23%	1.33%	1.23%
HD	A	1.61%	2.75%	1.61%
QCOM	D	1.15%	1.46%	1.15%
TJX	D	0.99%	0.99%	0.99%
XOM	A	1.81%	3.5%	1.81%

PY Overweight 99 Positions Relative to PTL

Symbol	Grade	Weight
AAPL	C	3.93%
MSFT	D	3.62%
NVDA	B	2.89%
CVX	B	1.26%
ACN	B	1.18%
WFC	B	1.13%
AXP	A	1.1%
LOW	C	1.09%
CMCSA	B	1.08%
RTX	A	1.05%
MS	A	1.03%
NKE	D	1.0%
DE	C	0.99%
LMT	A	0.98%
TT	A	0.97%
BMY	A	0.95%
CB	A	0.95%
PLD	D	0.94%
ADP	A	0.94%
MMC	D	0.92%
CVS	D	0.91%
ITW	C	0.91%
CI	D	0.9%
MDLZ	D	0.9%
OTIS	A	0.88%
PNC	C	0.88%
CSX	D	0.87%
BK	A	0.87%
MET	A	0.87%
DD	C	0.86%
SLB	D	0.85%
HPE	B	0.85%
AMP	A	0.85%
MO	D	0.85%
AOS	C	0.84%
EQT	C	0.83%
KR	C	0.83%
EMN	C	0.83%
PRU	B	0.83%
SPG	A	0.82%
DFS	A	0.82%
PNR	C	0.82%
PSX	D	0.82%
STLD	C	0.82%
AIG	C	0.81%
TRV	B	0.81%
PPG	D	0.81%
BKR	B	0.81%
EBAY	A	0.81%
ROK	D	0.8%
BBWI	F	0.8%
PAYX	B	0.8%
MPC	D	0.8%
RL	B	0.8%
CF	A	0.79%
HPQ	B	0.79%
FDX	F	0.79%
FITB	C	0.79%
VLO	F	0.79%
HIG	A	0.78%
CTSH	B	0.78%
ALLE	A	0.77%
SYF	A	0.77%
GPC	D	0.77%
SNA	C	0.77%
NDSN	C	0.77%
KMB	D	0.77%
GIS	C	0.77%
DRI	C	0.77%
VICI	C	0.76%
FOXA	B	0.76%
BR	B	0.76%
WTW	C	0.76%
ARE	D	0.76%
TRGP	A	0.76%
ADM	F	0.76%
NDAQ	C	0.76%
RF	B	0.76%
AVB	C	0.76%
SYY	D	0.76%
BEN	F	0.76%
LYB	B	0.76%
SBAC	C	0.75%
HAL	D	0.75%
EG	A	0.75%
OXY	D	0.75%
CINF	A	0.74%
MKC	C	0.74%
AIZ	B	0.74%
TAP	D	0.73%
CPT	C	0.73%
HSY	D	0.73%
INVH	D	0.72%
MRO	B	0.72%
FANG	D	0.72%
MAA	D	0.72%
ESS	D	0.72%
SWKS	F	0.72%
HRL	F	0.69%

PY Underweight 4 Positions Relative to PTL

Symbol	Grade	Weight
LIN	C	-1.72%
ISRG	C	-1.29%
NEE	C	-1.2%
PGR	B	-1.1%