VALQ vs. NACP ETF Comparison

Comparison of American Century STOXX U.S. Quality Value ETF (VALQ) to Impact Shares NAACP Minority Empowerment ETF (NACP)

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.92

Average Daily Volume

6,261

Number of Holdings ^*

241

* 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	VALQ	NACP
30 Days	3.97%	2.08%
60 Days	4.17%	4.48%
90 Days	6.47%	6.57%
12 Months	28.71%	32.92%

50 Overlapping Holdings

Symbol	Grade	Weight in VALQ	Weight in NACP	Overlap
AAPL	C	2.63%	5.03%	2.63%
ABBV	D	1.67%	1.22%	1.22%
AMZN	C	2.22%	4.47%	2.22%
BK	A	0.1%	0.17%	0.1%
BMY	B	0.82%	0.35%	0.35%
BWA	D	0.09%	0.03%	0.03%
CI	F	0.66%	0.37%	0.37%
CLX	B	1.55%	0.07%	0.07%
CPB	D	0.07%	0.04%	0.04%
DGX	A	0.09%	0.06%	0.06%
EA	A	0.09%	0.45%	0.09%
EBAY	D	1.88%	0.11%	0.11%
ECL	D	0.45%	0.21%	0.21%
ELV	F	0.06%	0.47%	0.06%
ETN	A	1.87%	0.44%	0.44%
EXPD	D	0.08%	0.07%	0.07%
FDX	B	0.09%	0.25%	0.09%
GILD	C	0.11%	0.35%	0.11%
GM	B	0.1%	0.18%	0.1%
GOOGL	C	0.62%	2.41%	0.62%
HPQ	B	1.72%	0.62%	0.62%
HUBB	B	0.41%	0.06%	0.06%
IBM	C	2.04%	3.08%	2.04%
ITW	B	0.91%	0.27%	0.27%
JNJ	D	0.08%	1.44%	0.08%
K	A	0.08%	0.07%	0.07%
KO	D	1.66%	0.99%	0.99%
KR	B	0.23%	0.13%	0.13%
LECO	B	0.86%	0.04%	0.04%
META	D	0.1%	3.63%	0.1%
MMM	D	0.11%	0.26%	0.11%
MPC	D	0.21%	0.23%	0.21%
MSFT	F	0.26%	4.63%	0.26%
OC	A	1.15%	0.05%	0.05%
OTIS	C	1.03%	0.13%	0.13%
PPG	F	0.15%	0.1%	0.1%
PYPL	B	0.8%	0.27%	0.27%
QCOM	F	0.52%	3.18%	0.52%
RMD	C	0.09%	0.11%	0.09%
SWK	D	0.07%	0.06%	0.06%
SYF	B	0.12%	0.08%	0.08%
TAP	C	0.1%	0.03%	0.03%
TROW	B	0.09%	0.09%	0.09%
TSN	B	0.08%	0.07%	0.07%
TT	A	0.26%	0.29%	0.26%
TXT	D	0.08%	0.06%	0.06%
UBER	D	1.19%	2.29%	1.19%
USFD	A	0.09%	0.04%	0.04%
VLO	C	0.08%	0.17%	0.08%
WMT	A	2.19%	0.73%	0.73%

VALQ Overweight 191 Positions Relative to NACP

Symbol	Grade	Weight
CMCSA	B	2.31%
MSI	B	2.23%
NFLX	A	1.99%
HD	A	1.96%
INGR	B	1.94%
KMB	D	1.91%
CTAS	B	1.84%
APH	A	1.76%
SPG	B	1.76%
CL	D	1.71%
VLTO	D	1.55%
TXN	C	1.48%
TGT	F	1.47%
JLL	D	1.45%
MAS	D	1.21%
LYB	F	1.14%
BBY	D	1.12%
TOL	B	1.07%
PG	A	1.07%
SFM	A	1.02%
GPC	D	0.93%
TPR	B	0.92%
MTD	D	0.88%
CAH	B	0.84%
CTSH	B	0.8%
SEIC	B	0.76%
CSCO	B	0.72%
DOX	D	0.68%
NVT	B	0.68%
IVZ	B	0.64%
DCI	B	0.61%
MO	A	0.56%
ALLE	D	0.55%
HRB	D	0.54%
NYT	C	0.53%
AYI	B	0.51%
FFIV	B	0.51%
REYN	D	0.46%
MTG	C	0.42%
CBT	C	0.41%
NTAP	C	0.41%
G	B	0.39%
ZM	B	0.38%
DBX	B	0.38%
FLS	B	0.36%
AZEK	A	0.33%
SHW	A	0.33%
DOCU	A	0.33%
ARW	D	0.32%
GWW	B	0.32%
AMCR	D	0.31%
SM	B	0.3%
JBL	B	0.29%
NOVT	D	0.29%
WSM	B	0.29%
QLYS	C	0.28%
APP	B	0.27%
PH	A	0.26%
FICO	B	0.25%
FLO	D	0.23%
NEU	C	0.23%
COLM	B	0.21%
BRBR	A	0.2%
CAT	B	0.2%
ADSK	A	0.2%
ORI	A	0.19%
UHS	D	0.19%
DVA	B	0.19%
JEF	A	0.19%
CRUS	D	0.18%
NSIT	F	0.18%
LEN	D	0.17%
LAMR	D	0.17%
TJX	A	0.17%
CR	A	0.17%
DDS	B	0.16%
DPZ	C	0.16%
SYY	B	0.15%
GAP	C	0.15%
ROST	C	0.15%
EXEL	B	0.14%
UTHR	C	0.14%
ALSN	B	0.14%
LFUS	F	0.14%
ANF	C	0.14%
WING	D	0.13%
EXPE	B	0.13%
AMKR	D	0.13%
IDXX	F	0.13%
EME	C	0.13%
TWLO	A	0.13%
PEGA	A	0.12%
DKS	C	0.12%
SNA	A	0.11%
FTNT	C	0.11%
MLI	C	0.11%
GL	B	0.11%
AXS	A	0.11%
AIT	A	0.11%
BKNG	A	0.11%
UNM	A	0.11%
GDDY	A	0.1%
STLD	B	0.1%
AXTA	A	0.1%
PKG	A	0.1%
FOXA	B	0.1%
VMI	B	0.1%
TXRH	C	0.1%
NTRS	A	0.1%
RHI	B	0.1%
THC	D	0.1%
RL	B	0.1%
INCY	C	0.1%
EPAM	C	0.1%
BYD	C	0.1%
EVR	B	0.1%
TRMB	B	0.1%
KEYS	A	0.09%
AVGO	D	0.09%
MSM	C	0.09%
BRK.A	B	0.09%
TMHC	B	0.09%
DLB	B	0.09%
ADBE	C	0.09%
VRSN	F	0.09%
INFA	D	0.09%
CACI	D	0.09%
L	A	0.09%
COR	B	0.09%
JKHY	D	0.09%
FIZZ	C	0.09%
CSL	C	0.09%
MANH	D	0.09%
OMC	C	0.09%
PGR	A	0.09%
LMT	D	0.09%
JAZZ	B	0.09%
BMI	B	0.09%
RGA	A	0.09%
LDOS	C	0.09%
ALL	A	0.09%
SWKS	F	0.09%
HIG	B	0.09%
MCK	B	0.09%
CMC	B	0.09%
AIZ	A	0.09%
EHC	B	0.09%
OMF	A	0.09%
HPE	B	0.09%
ALKS	B	0.09%
FIS	C	0.09%
WTS	B	0.09%
CHTR	C	0.09%
STT	A	0.09%
AMG	B	0.09%
MHK	D	0.08%
COKE	C	0.08%
CAG	D	0.08%
AMAT	F	0.08%
GIS	D	0.08%
AN	C	0.08%
KBH	D	0.08%
EG	C	0.08%
NXST	C	0.08%
PHM	D	0.08%
MAT	D	0.08%
EEFT	B	0.08%
POST	C	0.08%
PVH	C	0.08%
SAIC	F	0.08%
NVR	D	0.08%
BERY	B	0.08%
PARA	C	0.08%
ADTN	A	0.08%
SSNC	B	0.08%
CCK	C	0.08%
TER	D	0.07%
KLAC	D	0.07%
IQV	D	0.07%
ALLY	C	0.07%
MEDP	D	0.07%
SKX	D	0.07%
MMS	F	0.07%
LRCX	F	0.07%
AOS	F	0.07%
TKR	D	0.07%
IGT	F	0.07%
AKAM	D	0.07%
CROX	D	0.06%
CNC	D	0.06%
QRVO	F	0.05%

VALQ Underweight 147 Positions Relative to NACP

Symbol	Grade	Weight
NVDA	C	-4.9%
ACN	C	-3.58%
JPM	A	-2.39%
VZ	C	-2.26%
TSLA	B	-2.22%
GOOG	C	-2.16%
XOM	B	-2.0%
UNH	C	-1.95%
PANW	C	-1.81%
MU	D	-1.75%
V	A	-1.53%
INTC	D	-1.52%
MA	C	-1.4%
CVX	A	-1.04%
MRK	F	-1.03%
BAC	A	-0.99%
PEP	F	-0.92%
TMO	F	-0.83%
ABT	B	-0.69%
GE	D	-0.69%
NEE	D	-0.66%
DHR	F	-0.64%
PFE	D	-0.62%
AXP	A	-0.56%
UNP	C	-0.56%
SPGI	C	-0.55%
DELL	C	-0.54%
LOW	D	-0.51%
COP	C	-0.49%
MS	A	-0.47%
HON	B	-0.46%
C	A	-0.45%
T	A	-0.45%
MDT	D	-0.42%
PLD	D	-0.42%
BSX	B	-0.41%
ADP	B	-0.4%
BA	F	-0.38%
MELI	D	-0.38%
DE	A	-0.36%
MDLZ	F	-0.36%
NKE	D	-0.36%
UPS	C	-0.35%
SO	D	-0.35%
SCHW	B	-0.33%
DUK	C	-0.32%
EQIX	A	-0.29%
NOC	D	-0.29%
PNC	B	-0.27%
CVS	D	-0.27%
MCO	B	-0.26%
FCX	D	-0.25%
AON	A	-0.24%
CSX	B	-0.24%
BDX	F	-0.23%
PSX	C	-0.22%
TFC	A	-0.22%
NEM	D	-0.22%
EMR	A	-0.22%
NSC	B	-0.2%
WMB	A	-0.19%
AEP	D	-0.19%
MAR	B	-0.19%
OKE	A	-0.18%
SRE	A	-0.18%
TRV	B	-0.18%
CCI	D	-0.18%
D	C	-0.18%
URI	B	-0.18%
MET	A	-0.17%
JCI	C	-0.17%
HLT	A	-0.17%
LNG	B	-0.16%
IPG	D	-0.16%
LHX	C	-0.16%
KMI	A	-0.15%
HES	B	-0.15%
EXC	C	-0.15%
CMI	A	-0.15%
EW	C	-0.15%
F	C	-0.15%
DD	D	-0.14%
PEG	A	-0.14%
A	D	-0.14%
HWM	A	-0.14%
AME	A	-0.13%
VRSK	A	-0.13%
VMC	B	-0.12%
IR	B	-0.12%
MLM	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%
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%
BIIB	F	-0.1%
PCG	A	-0.09%
IFF	D	-0.09%
DAL	C	-0.09%
APTV	D	-0.08%
SBAC	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%
LII	A	-0.07%
CMS	C	-0.07%
BAH	F	-0.07%
BAX	D	-0.07%
LH	C	-0.07%
ILMN	D	-0.07%
HBAN	A	-0.07%
RF	A	-0.07%
LUV	C	-0.06%
DOC	D	-0.06%
SJM	D	-0.05%
AMH	D	-0.05%
NI	A	-0.05%
ACM	A	-0.05%
NDSN	B	-0.05%
UAL	A	-0.05%
LNT	A	-0.05%
AES	F	-0.05%
JBHT	C	-0.05%
BG	F	-0.05%
CF	B	-0.05%
REG	B	-0.04%
TFX	F	-0.04%
ALB	C	-0.04%
EMN	D	-0.04%
WBA	F	-0.03%
SCCO	F	-0.03%
PFG	D	-0.03%
MOS	F	-0.03%
HRL	D	-0.03%
CNH	C	-0.03%