SCHG vs. NACP ETF Comparison

Comparison of Schwab U.S. Large-Cap Growth ETF (SCHG) to Impact Shares NAACP Minority Empowerment ETF (NACP)

SCHG

Schwab U.S. Large-Cap Growth ETF

SCHG Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market IndexSM. The fund invests at least 90% of its net assets in stocks that are included in the index. The index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as "growth" based on a number of factors. The index is a float-adjusted market capitalization weighted index.

Grade (RS Rating)

Last Trade

$27.49

Average Daily Volume

4,492,339

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

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

Performance

Period	SCHG	NACP
30 Days	4.60%	2.08%
60 Days	6.32%	4.48%
90 Days	7.65%	6.57%
12 Months	38.45%	32.92%

35 Overlapping Holdings

Symbol	Grade	Weight in SCHG	Weight in NACP	Overlap
AAPL	C	10.4%	5.03%	5.03%
ACN	C	0.87%	3.58%	0.87%
AMZN	C	5.65%	4.47%	4.47%
DELL	C	0.15%	0.54%	0.15%
DHR	F	0.58%	0.64%	0.58%
ELV	F	0.36%	0.47%	0.36%
EQIX	A	0.34%	0.29%	0.29%
EW	C	0.17%	0.15%	0.15%
GE	D	0.76%	0.69%	0.69%
GOOG	C	2.54%	2.16%	2.16%
GOOGL	C	3.08%	2.41%	2.41%
HES	B	0.16%	0.15%	0.15%
HLT	A	0.24%	0.17%	0.17%
ILMN	D	0.08%	0.07%	0.07%
JBHT	C	0.06%	0.05%	0.05%
LII	A	0.08%	0.07%	0.07%
LNG	B	0.19%	0.16%	0.16%
MA	C	1.69%	1.4%	1.4%
MAR	B	0.26%	0.19%	0.19%
MCO	B	0.29%	0.26%	0.26%
META	D	3.64%	3.63%	3.63%
MLM	B	0.14%	0.12%	0.12%
MSFT	F	9.27%	4.63%	4.63%
NVDA	C	10.35%	4.9%	4.9%
PANW	C	0.49%	1.81%	0.49%
RMD	C	0.14%	0.11%	0.11%
SBAC	D	0.09%	0.08%	0.08%
SPGI	C	0.63%	0.55%	0.55%
TMO	F	0.75%	0.83%	0.75%
TSLA	B	3.69%	2.22%	2.22%
UBER	D	0.57%	2.29%	0.57%
UNH	C	2.14%	1.95%	1.95%
URI	B	0.22%	0.18%	0.18%
V	A	2.05%	1.53%	1.53%
VMC	B	0.14%	0.12%	0.12%

SCHG Overweight 188 Positions Relative to NACP

Symbol	Grade	Weight
AVGO	D	3.03%
LLY	F	2.25%
COST	B	1.6%
NFLX	A	1.43%
CRM	B	1.23%
AMD	F	0.88%
ADBE	C	0.87%
LIN	D	0.85%
NOW	A	0.81%
ISRG	A	0.74%
INTU	C	0.74%
BKNG	A	0.66%
PGR	A	0.59%
BLK	C	0.57%
FI	A	0.48%
PLTR	B	0.48%
VRTX	F	0.47%
TMUS	B	0.46%
ANET	C	0.37%
LRCX	F	0.36%
PH	A	0.35%
GEV	B	0.35%
SHW	A	0.34%
KLAC	D	0.33%
CDNS	B	0.32%
CMG	B	0.32%
REGN	F	0.32%
CRWD	B	0.31%
MCK	B	0.31%
ZTS	D	0.31%
SNPS	B	0.31%
MRVL	B	0.3%
APO	B	0.29%
TDG	D	0.28%
ORLY	B	0.28%
CEG	D	0.28%
ADSK	A	0.26%
COIN	C	0.26%
MSTR	C	0.26%
APP	B	0.25%
ABNB	C	0.23%
FTNT	C	0.23%
ROP	B	0.23%
WDAY	B	0.22%
FICO	B	0.22%
DASH	A	0.22%
TTD	B	0.21%
AZO	C	0.21%
CPRT	A	0.2%
SQ	B	0.2%
GWW	B	0.2%
FLUT	A	0.19%
VRT	B	0.18%
MSCI	C	0.18%
SNOW	C	0.17%
BKR	B	0.17%
AXON	A	0.17%
TRGP	B	0.17%
IT	C	0.16%
ODFL	B	0.16%
STZ	D	0.15%
CHTR	C	0.15%
TEAM	A	0.15%
DDOG	A	0.15%
CTVA	C	0.15%
IDXX	F	0.14%
LULU	C	0.14%
HUM	C	0.13%
IQV	D	0.13%
HUBS	A	0.13%
ANSS	B	0.12%
ALNY	D	0.12%
TTWO	A	0.12%
CSGP	D	0.12%
EFX	F	0.12%
DXCM	D	0.12%
VEEV	C	0.12%
DECK	A	0.11%
RBLX	C	0.11%
NVR	D	0.11%
CVNA	B	0.11%
NET	B	0.11%
MPWR	F	0.11%
CPAY	A	0.1%
HOOD	B	0.1%
MTD	D	0.1%
TYL	B	0.1%
FCNCA	A	0.1%
GDDY	A	0.1%
TPL	A	0.1%
HEI	B	0.1%
MKL	A	0.09%
TDY	B	0.09%
WST	C	0.09%
PTC	A	0.09%
EME	C	0.09%
LPLA	A	0.09%
ZS	C	0.08%
IBKR	A	0.08%
CSL	C	0.08%
DKNG	B	0.08%
BLDR	D	0.08%
LYV	A	0.08%
MDB	C	0.08%
ZM	B	0.08%
FSLR	F	0.08%
WAT	B	0.08%
WBD	C	0.08%
ULTA	F	0.07%
MOH	F	0.07%
PINS	D	0.07%
PODD	C	0.07%
FDS	B	0.07%
NTRA	B	0.07%
SFM	A	0.06%
COHR	B	0.06%
CASY	A	0.06%
TW	A	0.06%
PSTG	D	0.06%
DPZ	C	0.06%
TWLO	A	0.06%
DT	C	0.06%
FIX	A	0.06%
EG	C	0.06%
DOCU	A	0.06%
ALGN	D	0.06%
TOST	B	0.06%
OKTA	C	0.05%
BMRN	D	0.05%
DAY	B	0.05%
NBIX	C	0.05%
OWL	A	0.05%
FTI	A	0.05%
CLH	B	0.05%
PFGC	B	0.05%
TXRH	C	0.05%
EPAM	C	0.05%
MRNA	F	0.05%
RVTY	F	0.05%
RNR	C	0.05%
AVTR	F	0.05%
SAIA	B	0.05%
POOL	C	0.05%
EXAS	D	0.04%
PEN	B	0.04%
WMS	D	0.04%
ROKU	D	0.04%
WING	D	0.04%
MUSA	A	0.04%
CRL	C	0.04%
SRPT	D	0.04%
CACI	D	0.04%
CHDN	B	0.04%
KNSL	B	0.04%
BLD	D	0.04%
CTLT	B	0.04%
PAYC	B	0.04%
SMCI	F	0.04%
GNRC	B	0.04%
FND	C	0.04%
LBRDK	C	0.04%
INSM	C	0.04%
RGEN	D	0.03%
WSC	D	0.03%
COKE	C	0.03%
RIVN	F	0.03%
PCOR	B	0.03%
OLED	D	0.03%
ESTC	C	0.03%
TREX	C	0.03%
MEDP	D	0.03%
CHE	D	0.03%
RRC	B	0.03%
TKO	B	0.03%
CNM	D	0.03%
ENPH	F	0.03%
PCTY	B	0.03%
CELH	F	0.02%
PSN	D	0.02%
ROIV	C	0.02%
U	C	0.02%
CLF	F	0.02%
PATH	C	0.02%
ETSY	D	0.02%
BIO	D	0.02%
NOV	C	0.02%
QRVO	F	0.02%
RCM	F	0.01%

SCHG Underweight 162 Positions Relative to NACP

Symbol	Grade	Weight
QCOM	F	-3.18%
IBM	C	-3.08%
JPM	A	-2.39%
VZ	C	-2.26%
XOM	B	-2.0%
MU	D	-1.75%
INTC	D	-1.52%
JNJ	D	-1.44%
ABBV	D	-1.22%
CVX	A	-1.04%
MRK	F	-1.03%
KO	D	-0.99%
BAC	A	-0.99%
PEP	F	-0.92%
WMT	A	-0.73%
ABT	B	-0.69%
NEE	D	-0.66%
HPQ	B	-0.62%
PFE	D	-0.62%
AXP	A	-0.56%
UNP	C	-0.56%
LOW	D	-0.51%
COP	C	-0.49%
MS	A	-0.47%
HON	B	-0.46%
C	A	-0.45%
EA	A	-0.45%
T	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%
MDLZ	F	-0.36%
NKE	D	-0.36%
BMY	B	-0.35%
UPS	C	-0.35%
GILD	C	-0.35%
SO	D	-0.35%
SCHW	B	-0.33%
DUK	C	-0.32%
TT	A	-0.29%
NOC	D	-0.29%
PNC	B	-0.27%
CVS	D	-0.27%
PYPL	B	-0.27%
ITW	B	-0.27%
MMM	D	-0.26%
FDX	B	-0.25%
FCX	D	-0.25%
AON	A	-0.24%
CSX	B	-0.24%
MPC	D	-0.23%
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%
OKE	A	-0.18%
SRE	A	-0.18%
TRV	B	-0.18%
CCI	D	-0.18%
D	C	-0.18%
GM	B	-0.18%
MET	A	-0.17%
BK	A	-0.17%
VLO	C	-0.17%
JCI	C	-0.17%
IPG	D	-0.16%
LHX	C	-0.16%
KMI	A	-0.15%
EXC	C	-0.15%
CMI	A	-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%
VRSK	A	-0.13%
IR	B	-0.12%
XEL	A	-0.12%
ED	D	-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%
XYL	D	-0.11%
HSY	F	-0.1%
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%
PPL	B	-0.08%
FE	C	-0.08%
ETR	B	-0.08%
NDAQ	A	-0.08%
DTE	C	-0.08%
ES	D	-0.08%
NRG	B	-0.07%
EXPD	D	-0.07%
CMS	C	-0.07%
TSN	B	-0.07%
CLX	B	-0.07%
BAH	F	-0.07%
BAX	D	-0.07%
LH	C	-0.07%
K	A	-0.07%
HBAN	A	-0.07%
RF	A	-0.07%
SWK	D	-0.06%
LUV	C	-0.06%
DOC	D	-0.06%
DGX	A	-0.06%
HUBB	B	-0.06%
TXT	D	-0.06%
SJM	D	-0.05%
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%
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%