SPMV vs. WOMN ETF Comparison

Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to Impact Shares YWCA Womenas Empowerment ETF (WOMN)

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.62

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WOMN

Impact Shares YWCA Womenas Empowerment ETF

WOMN Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar® Women's Empowerment Index (the "underlying index"). The fund will, under normal circumstances, invest at least 80% of its total assets plus any borrowings for investment purposes (the "80% basket") in component securities of the underlying index. The underlying index is designed to measure the performance of U.S. large and mid- capitalization companies that are "empowering to women," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index (the "parent index"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.79

Average Daily Volume

1,896

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

Performance

Period	SPMV	WOMN
30 Days	1.14%	2.87%
60 Days	2.01%	2.73%
90 Days	4.46%	5.77%
12 Months	26.03%	26.34%

38 Overlapping Holdings

Symbol	Grade	Weight in SPMV	Weight in WOMN	Overlap
AAPL	C	2.9%	5.02%	2.9%
ACN	C	0.31%	1.9%	0.31%
ADBE	C	2.1%	2.23%	2.1%
ADM	D	0.25%	0.15%	0.15%
AEP	D	0.91%	0.23%	0.23%
AIG	B	0.25%	0.24%	0.24%
AMGN	D	0.32%	0.82%	0.32%
AMT	D	1.76%	0.49%	0.49%
AMZN	C	3.25%	4.47%	3.25%
BIIB	F	0.31%	0.13%	0.13%
CRM	B	1.63%	2.27%	1.63%
CSCO	B	3.34%	1.92%	1.92%
ELV	F	0.46%	0.59%	0.46%
GILD	C	0.09%	0.46%	0.09%
GIS	D	1.49%	0.19%	0.19%
HSY	F	1.05%	0.13%	0.13%
IBM	C	0.53%	1.64%	0.53%
INTU	C	0.75%	1.56%	0.75%
JNJ	D	1.18%	1.82%	1.18%
KHC	F	0.29%	0.16%	0.16%
LLY	F	0.67%	3.49%	0.67%
MDLZ	F	2.5%	0.47%	0.47%
META	D	0.33%	4.85%	0.33%
MRK	F	2.43%	1.3%	1.3%
MSFT	F	2.85%	2.49%	2.49%
NEM	D	0.44%	0.26%	0.26%
NOW	A	1.76%	1.42%	1.42%
PCG	A	0.24%	0.18%	0.18%
PG	A	2.72%	1.82%	1.82%
PGR	A	1.61%	0.67%	0.67%
REGN	F	1.13%	0.55%	0.55%
RSG	A	0.54%	0.19%	0.19%
SRE	A	1.49%	0.23%	0.23%
TMUS	B	3.38%	0.36%	0.36%
VRSK	A	1.69%	0.17%	0.17%
VRTX	F	2.42%	0.54%	0.54%
VZ	C	0.93%	0.82%	0.82%
XOM	B	0.68%	2.53%	0.68%

SPMV Overweight 37 Positions Relative to WOMN

Symbol	Grade	Weight
NVDA	C	3.54%
GEV	B	3.53%
AON	A	3.09%
BRK.A	B	2.92%
QCOM	F	2.79%
ABT	B	2.79%
MMC	B	2.74%
AJG	B	2.63%
CB	C	2.58%
HD	A	2.22%
ORCL	B	2.17%
AVGO	D	2.12%
ZTS	D	1.64%
NEE	D	1.59%
DUK	C	1.3%
PFE	D	1.02%
TRV	B	0.98%
AEE	A	0.97%
TDY	B	0.94%
BRO	B	0.81%
MKC	D	0.75%
CCI	D	0.7%
RTX	C	0.65%
JPM	A	0.61%
GOOG	C	0.58%
TJX	A	0.5%
SO	D	0.47%
TSN	B	0.42%
HRL	D	0.38%
IDXX	F	0.37%
T	A	0.28%
ACGL	D	0.23%
CVS	D	0.22%
XEL	A	0.19%
TRMB	B	0.1%
GD	F	0.06%
BA	F	0.04%

SPMV Underweight 160 Positions Relative to WOMN

Symbol	Grade	Weight
UNH	C	-2.47%
MCD	D	-2.04%
V	A	-1.94%
MA	C	-1.77%
ABBV	D	-1.55%
CVX	A	-1.31%
KO	D	-1.25%
BAC	A	-1.25%
UBER	D	-1.22%
PEP	F	-1.17%
SBUX	A	-1.03%
WFC	A	-0.95%
GE	D	-0.88%
INTC	D	-0.81%
WMT	A	-0.73%
NFLX	A	-0.72%
UNP	C	-0.71%
SPGI	C	-0.7%
AXP	A	-0.7%
COP	C	-0.65%
MSI	B	-0.63%
MS	A	-0.6%
BLK	C	-0.6%
ETN	A	-0.59%
C	A	-0.56%
WDAY	B	-0.51%
CI	F	-0.5%
ADP	B	-0.5%
GM	B	-0.49%
F	C	-0.46%
ADSK	A	-0.45%
TEL	B	-0.43%
BMY	B	-0.43%
UPS	C	-0.43%
TT	A	-0.39%
EQIX	A	-0.39%
CL	D	-0.39%
WM	A	-0.37%
TGT	F	-0.36%
HPQ	B	-0.36%
MPWR	F	-0.36%
YUM	B	-0.36%
USB	A	-0.35%
PYPL	B	-0.34%
MMM	D	-0.33%
WELL	A	-0.33%
MCO	B	-0.33%
LULU	C	-0.29%
EBAY	D	-0.29%
DECK	A	-0.28%
EMR	A	-0.28%
APD	A	-0.27%
ECL	D	-0.27%
PSX	C	-0.26%
CARR	D	-0.26%
HUBS	A	-0.26%
NSC	B	-0.25%
KEYS	A	-0.25%
ANSS	B	-0.25%
FTV	C	-0.24%
WMB	A	-0.24%
COF	B	-0.24%
D	C	-0.23%
KMB	D	-0.22%
MET	A	-0.22%
JCI	C	-0.22%
BK	A	-0.22%
TYL	B	-0.22%
AMP	A	-0.21%
ALL	A	-0.21%
CMI	A	-0.2%
EXC	C	-0.19%
GWW	B	-0.19%
PRU	A	-0.19%
HPE	B	-0.19%
PEG	A	-0.18%
CTVA	C	-0.18%
PAYX	C	-0.18%
KR	B	-0.17%
BKR	B	-0.17%
DOW	F	-0.17%
DASH	A	-0.17%
OXY	D	-0.17%
BBY	D	-0.16%
HIG	B	-0.16%
ED	D	-0.16%
EA	A	-0.16%
IR	B	-0.16%
CBRE	B	-0.16%
EIX	B	-0.15%
IRM	D	-0.15%
DD	D	-0.15%
XYL	D	-0.15%
EXPE	B	-0.15%
WSM	B	-0.15%
GPN	B	-0.14%
ROK	B	-0.14%
OKTA	C	-0.14%
VST	B	-0.14%
CAH	B	-0.13%
A	D	-0.13%
FITB	A	-0.13%
WTW	B	-0.13%
PPG	F	-0.13%
IFF	D	-0.12%
ETR	B	-0.12%
DAL	C	-0.12%
VTR	C	-0.11%
SCI	B	-0.11%
EL	F	-0.11%
STT	A	-0.11%
TROW	B	-0.11%
CHD	B	-0.11%
AWK	D	-0.11%
RF	A	-0.1%
RJF	A	-0.1%
PPL	B	-0.1%
CMS	C	-0.09%
SYF	B	-0.09%
BAX	D	-0.09%
OMC	C	-0.09%
BAH	F	-0.09%
INVH	D	-0.09%
K	A	-0.09%
HBAN	A	-0.09%
BMRN	D	-0.08%
CNP	B	-0.08%
KEY	B	-0.08%
DAY	B	-0.08%
PFG	D	-0.08%
PINS	D	-0.08%
NTRS	A	-0.08%
ESS	B	-0.08%
TRU	D	-0.08%
CLX	B	-0.08%
SWK	D	-0.07%
CAG	D	-0.07%
LNT	A	-0.07%
OC	A	-0.07%
LUV	C	-0.07%
DOC	D	-0.07%
HST	C	-0.06%
IPG	D	-0.06%
SJM	D	-0.06%
CE	F	-0.06%
NI	A	-0.06%
ETSY	D	-0.06%
PNR	A	-0.06%
TAP	C	-0.05%
CPB	D	-0.05%
REXR	F	-0.05%
ALB	C	-0.05%
ELS	C	-0.05%
Z	A	-0.04%
CFG	B	-0.04%
PNW	B	-0.04%
MTCH	D	-0.04%
RHI	B	-0.03%
AGR	B	-0.01%
ZG	A	-0.01%