WOMN vs. BFOR ETF Comparison

Comparison of Impact Shares YWCA Womenas Empowerment ETF (WOMN) to Barron's 400 (BFOR)

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

$38.54

Average Daily Volume

4,047

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

BFOR

Barron's 400

BFOR Description

The investment seeks investment results that correspond generally, before fees and expenses, to the performance of the Barron's 400 Index (the "underlying index"). The underlying index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. The fund will invest at least 80% of its total assets in the equity securities which comprise the index. The underlying index's stocks are constituents of the MarketGrader U.S. Coverage Universe.

Grade (RS Rating)

Last Trade

$71.44

Average Daily Volume

3,244

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

Performance

Period	WOMN	BFOR
30 Days	2.58%	2.35%
60 Days	6.48%	2.18%
90 Days	7.23%	7.78%
12 Months	30.22%	27.49%

54 Overlapping Holdings

Symbol	Grade	Weight in WOMN	Weight in BFOR	Overlap
A	C	0.13%	0.22%	0.13%
AAPL	C	5.02%	0.31%	0.31%
ADBE	F	2.23%	0.22%	0.22%
ADP	C	0.5%	0.26%	0.26%
ADSK	B	0.45%	0.24%	0.24%
AMZN	C	4.47%	0.26%	0.26%
AXP	B	0.7%	0.28%	0.28%
BKR	C	0.17%	0.27%	0.17%
BMY	C	0.43%	0.21%	0.21%
CHD	C	0.11%	0.23%	0.11%
CL	C	0.39%	0.27%	0.27%
CSCO	B	1.92%	0.24%	0.24%
DECK	C	0.28%	0.24%	0.24%
EA	D	0.16%	0.24%	0.16%
EBAY	B	0.29%	0.28%	0.28%
ECL	B	0.27%	0.26%	0.26%
FITB	B	0.13%	0.28%	0.13%
GILD	B	0.46%	0.26%	0.26%
GM	C	0.49%	0.29%	0.29%
GWW	B	0.19%	0.25%	0.19%
HBAN	B	0.09%	0.26%	0.09%
HIG	B	0.16%	0.27%	0.16%
HSY	D	0.13%	0.23%	0.13%
IBM	B	1.64%	0.26%	0.26%
INTU	D	1.56%	0.23%	0.23%
IPG	C	0.06%	0.22%	0.06%
KEYS	B	0.25%	0.24%	0.24%
KO	B	1.25%	0.27%	0.27%
MA	B	1.77%	0.24%	0.24%
MCO	C	0.33%	0.3%	0.3%
MDLZ	C	0.47%	0.24%	0.24%
META	B	4.85%	0.27%	0.27%
MPWR	B	0.36%	0.3%	0.3%
MSFT	C	2.49%	0.25%	0.25%
MSI	B	0.63%	0.3%	0.3%
NFLX	B	0.72%	0.27%	0.27%
NOW	C	1.42%	0.28%	0.28%
OC	C	0.07%	0.27%	0.07%
PAYX	C	0.18%	0.25%	0.18%
PEG	B	0.18%	0.3%	0.18%
PEP	D	1.17%	0.25%	0.25%
PSX	F	0.26%	0.21%	0.21%
PYPL	B	0.34%	0.3%	0.3%
RF	B	0.1%	0.28%	0.1%
SYF	C	0.09%	0.28%	0.09%
TROW	C	0.11%	0.22%	0.11%
V	C	1.94%	0.24%	0.24%
VRTX	D	0.54%	0.27%	0.27%
VST	B	0.14%	0.37%	0.14%
WFC	D	0.95%	0.23%	0.23%
WMB	C	0.24%	0.28%	0.24%
WSM	C	0.15%	0.3%	0.15%
XOM	D	2.53%	0.26%	0.26%
XYL	C	0.15%	0.25%	0.15%

WOMN Overweight 144 Positions Relative to BFOR

Symbol	Grade	Weight
LLY	D	3.49%
UNH	C	2.47%
CRM	C	2.27%
MCD	B	2.04%
ACN	C	1.9%
PG	C	1.82%
JNJ	C	1.82%
ABBV	B	1.55%
CVX	F	1.31%
MRK	F	1.3%
BAC	D	1.25%
UBER	C	1.22%
SBUX	C	1.03%
GE	C	0.88%
AMGN	D	0.82%
VZ	A	0.82%
INTC	D	0.81%
WMT	B	0.73%
UNP	D	0.71%
SPGI	C	0.7%
PGR	C	0.67%
COP	F	0.65%
MS	B	0.6%
BLK	B	0.6%
ELV	D	0.59%
ETN	C	0.59%
C	C	0.56%
REGN	D	0.55%
WDAY	D	0.51%
CI	C	0.5%
AMT	C	0.49%
F	F	0.46%
TEL	D	0.43%
UPS	D	0.43%
TT	B	0.39%
EQIX	B	0.39%
WM	D	0.37%
TGT	C	0.36%
HPQ	C	0.36%
TMUS	B	0.36%
YUM	B	0.36%
USB	C	0.35%
MMM	B	0.33%
WELL	C	0.33%
LULU	D	0.29%
EMR	D	0.28%
APD	B	0.27%
CARR	B	0.26%
HUBS	D	0.26%
NEM	C	0.26%
NSC	C	0.25%
ANSS	D	0.25%
FTV	C	0.24%
AIG	D	0.24%
COF	B	0.24%
D	C	0.23%
SRE	B	0.23%
AEP	C	0.23%
KMB	C	0.22%
MET	B	0.22%
JCI	B	0.22%
BK	B	0.22%
TYL	C	0.22%
AMP	B	0.21%
ALL	C	0.21%
CMI	B	0.2%
RSG	D	0.19%
EXC	B	0.19%
GIS	B	0.19%
PRU	C	0.19%
HPE	C	0.19%
CTVA	B	0.18%
PCG	C	0.18%
VRSK	D	0.17%
KR	B	0.17%
DOW	C	0.17%
DASH	B	0.17%
OXY	F	0.17%
BBY	A	0.16%
KHC	C	0.16%
ED	B	0.16%
IR	B	0.16%
CBRE	B	0.16%
EIX	B	0.15%
IRM	C	0.15%
ADM	D	0.15%
DD	B	0.15%
EXPE	C	0.15%
GPN	D	0.14%
ROK	D	0.14%
OKTA	F	0.14%
CAH	C	0.13%
WTW	B	0.13%
BIIB	F	0.13%
PPG	C	0.13%
IFF	A	0.12%
ETR	A	0.12%
DAL	C	0.12%
VTR	C	0.11%
SCI	C	0.11%
EL	D	0.11%
STT	B	0.11%
AWK	C	0.11%
RJF	C	0.1%
PPL	A	0.1%
CMS	B	0.09%
BAX	C	0.09%
OMC	B	0.09%
BAH	B	0.09%
INVH	D	0.09%
K	A	0.09%
BMRN	F	0.08%
CNP	C	0.08%
KEY	C	0.08%
DAY	D	0.08%
PFG	B	0.08%
PINS	D	0.08%
NTRS	C	0.08%
ESS	C	0.08%
TRU	B	0.08%
CLX	C	0.08%
SWK	B	0.07%
CAG	B	0.07%
LNT	A	0.07%
LUV	C	0.07%
DOC	B	0.07%
HST	D	0.06%
SJM	C	0.06%
CE	D	0.06%
NI	B	0.06%
ETSY	D	0.06%
PNR	B	0.06%
TAP	D	0.05%
CPB	C	0.05%
REXR	C	0.05%
ALB	D	0.05%
ELS	D	0.05%
Z	C	0.04%
CFG	D	0.04%
PNW	C	0.04%
MTCH	C	0.04%
RHI	D	0.03%
AGR	C	0.01%
ZG	C	0.01%

WOMN Underweight 330 Positions Relative to BFOR

Symbol	Grade	Weight
APP	C	-0.48%
BOOT	B	-0.44%
UFPT	D	-0.43%
TPL	C	-0.41%
IESC	B	-0.41%
THC	C	-0.4%
CORT	B	-0.4%
LNTH	D	-0.4%
USLM	B	-0.38%
LMB	C	-0.37%
GRBK	B	-0.37%
COKE	C	-0.36%
TGLS	B	-0.36%
FTDR	B	-0.36%
MOD	C	-0.36%
HALO	D	-0.34%
TRGP	C	-0.34%
DOCS	B	-0.34%
TBBK	C	-0.34%
FSLR	C	-0.34%
AGYS	D	-0.33%
UTHR	B	-0.33%
DY	C	-0.33%
MLI	B	-0.33%
SYBT	C	-0.33%
EME	B	-0.32%
STRL	C	-0.32%
CASH	D	-0.32%
KKR	B	-0.32%
QCRH	D	-0.32%
MCB	C	-0.32%
VRT	C	-0.32%
NVDA	C	-0.32%
LRN	B	-0.32%
BMI	B	-0.32%
STBA	D	-0.32%
GDDY	C	-0.32%
ANET	C	-0.32%
IDCC	B	-0.31%
CPRX	C	-0.31%
LII	C	-0.31%
RCL	B	-0.31%
AX	D	-0.31%
EFSC	D	-0.31%
BBW	C	-0.31%
CRUS	D	-0.31%
CFB	D	-0.31%
AMAL	D	-0.31%
NVR	B	-0.3%
RMD	C	-0.3%
FIX	B	-0.3%
NTB	D	-0.3%
BURL	C	-0.3%
TOL	A	-0.3%
AAON	B	-0.3%
DHI	C	-0.3%
FCNCA	D	-0.3%
FCF	D	-0.3%
ISRG	C	-0.3%
AVGO	C	-0.3%
BRC	B	-0.3%
CTAS	C	-0.3%
CPNG	B	-0.3%
SLVM	C	-0.3%
BY	D	-0.3%
PHM	B	-0.3%
PODD	C	-0.3%
AIT	B	-0.29%
IBKR	B	-0.29%
VRRM	D	-0.29%
VLTO	B	-0.29%
ACGL	B	-0.29%
NYT	B	-0.29%
OFG	C	-0.29%
NBHC	D	-0.29%
PSN	B	-0.29%
PFC	D	-0.29%
FBP	C	-0.29%
BOKF	C	-0.29%
BDC	B	-0.29%
COST	C	-0.29%
MTB	C	-0.29%
CALM	B	-0.29%
CBT	B	-0.29%
BSX	B	-0.29%
PRDO	D	-0.29%
MBWM	D	-0.29%
HRMY	B	-0.29%
POWL	B	-0.29%
FFBC	D	-0.28%
LEN	B	-0.28%
APH	C	-0.28%
DKS	D	-0.28%
RGA	C	-0.28%
ANF	D	-0.28%
BRO	C	-0.28%
URI	B	-0.28%
DVA	B	-0.28%
PRFT	B	-0.28%
ALSN	B	-0.28%
WSFS	D	-0.28%
OSBC	D	-0.28%
CASY	D	-0.28%
APOG	B	-0.28%
PNC	C	-0.28%
UAL	B	-0.28%
TJX	C	-0.28%
UTI	D	-0.27%
BKNG	B	-0.27%
WTFC	C	-0.27%
AMPH	D	-0.27%
CNA	D	-0.27%
WES	D	-0.27%
PKG	B	-0.27%
CINF	C	-0.27%
AROC	D	-0.27%
EXP	B	-0.27%
INGR	B	-0.27%
ONB	D	-0.27%
TXRH	B	-0.27%
EXLS	B	-0.27%
TW	B	-0.27%
NTAP	D	-0.27%
HOMB	D	-0.27%
PH	B	-0.27%
IBOC	D	-0.27%
PANW	D	-0.27%
GOOGL	D	-0.27%
BKE	B	-0.27%
SRCE	D	-0.27%
FSS	D	-0.27%
CHCO	D	-0.27%
INCY	C	-0.26%
TSCO	B	-0.26%
CATY	C	-0.26%
FCN	C	-0.26%
JAKK	C	-0.26%
RNR	B	-0.26%
GPK	C	-0.26%
CAT	B	-0.26%
FCX	C	-0.26%
JPM	D	-0.26%
DOV	B	-0.26%
APO	B	-0.26%
FFIV	B	-0.26%
PFBC	D	-0.26%
WWD	C	-0.26%
G	C	-0.26%
OSIS	C	-0.26%
IRMD	B	-0.26%
KAI	C	-0.25%
ROST	C	-0.25%
FTNT	B	-0.25%
SLM	C	-0.25%
LOPE	D	-0.25%
CPAY	B	-0.25%
AYI	B	-0.25%
ESGR	D	-0.25%
TNK	D	-0.25%
ESAB	C	-0.25%
GRNT	F	-0.25%
MBIN	D	-0.25%
TFX	B	-0.25%
CFR	C	-0.25%
MANH	B	-0.25%
HY	F	-0.25%
BCSF	B	-0.25%
THR	F	-0.25%
CMG	D	-0.25%
EWBC	C	-0.25%
MPLX	B	-0.25%
CROX	C	-0.25%
RMR	C	-0.25%
CION	C	-0.25%
HUBB	B	-0.25%
MGY	D	-0.25%
ROL	C	-0.25%
SIG	C	-0.24%
BYD	C	-0.24%
OZK	F	-0.24%
HOG	C	-0.24%
GMS	C	-0.24%
NSSC	F	-0.24%
WRB	D	-0.24%
QCOM	D	-0.24%
FOUR	C	-0.24%
GOLF	F	-0.24%
EG	B	-0.24%
DCI	C	-0.24%
SYK	C	-0.24%
GPOR	C	-0.24%
RL	B	-0.24%
BR	C	-0.24%
IBP	C	-0.24%
COLL	C	-0.24%
WDFC	C	-0.24%
BSY	C	-0.24%
PEGA	B	-0.24%
L	D	-0.24%
BLDR	C	-0.24%
EPD	C	-0.24%
BLD	C	-0.24%
ZTS	B	-0.24%
WMS	D	-0.23%
AMAT	D	-0.23%
CTSH	B	-0.23%
CF	B	-0.23%
SNA	B	-0.23%
CQP	F	-0.23%
AOS	B	-0.23%
DMLP	D	-0.23%
FANG	F	-0.23%
FDS	C	-0.23%
LBRT	F	-0.23%
MSCI	C	-0.23%
DFH	C	-0.23%
WBS	C	-0.23%
GNE	F	-0.23%
INSW	C	-0.23%
DRI	C	-0.23%
AGM	D	-0.23%
HESM	D	-0.23%
JKHY	B	-0.23%
J	A	-0.23%
RPRX	C	-0.22%
FOR	D	-0.22%
PAYC	D	-0.22%
LPG	F	-0.22%
VEEV	C	-0.22%
DOX	C	-0.22%
ODFL	D	-0.22%
IQV	D	-0.22%
STZ	C	-0.22%
IDXX	D	-0.22%
SSD	C	-0.22%
CPRT	D	-0.22%
NVEC	D	-0.22%
UAA	C	-0.22%
APAM	C	-0.22%
VMC	C	-0.22%
OTTR	F	-0.22%
ZM	C	-0.22%
FAST	C	-0.22%
CHX	F	-0.22%
PCTY	D	-0.22%
HCC	D	-0.22%
OSK	F	-0.21%
ON	D	-0.21%
KNSL	D	-0.21%
YELP	D	-0.21%
DNOW	F	-0.21%
ASO	D	-0.21%
NEU	D	-0.21%
CAL	F	-0.21%
RS	D	-0.21%
DDS	D	-0.21%
SNPS	F	-0.21%
GPC	D	-0.21%
CDNS	D	-0.21%
ALG	D	-0.21%
SM	F	-0.21%
TPR	A	-0.21%
MEDP	F	-0.21%
MPC	F	-0.21%
MLM	D	-0.21%
VLO	F	-0.21%
CUBI	F	-0.21%
TEX	F	-0.21%
SYY	C	-0.21%
GGG	C	-0.21%
CNM	F	-0.21%
STLD	C	-0.21%
CMCSA	C	-0.21%
TNC	D	-0.2%
HEES	D	-0.2%
RES	D	-0.2%
GL	D	-0.2%
NBIX	F	-0.2%
WST	D	-0.2%
BTU	C	-0.2%
MCHP	D	-0.2%
MOH	D	-0.2%
MNST	D	-0.2%
PCAR	D	-0.2%
MGM	D	-0.2%
NKE	D	-0.19%
SMLR	F	-0.19%
HAL	F	-0.19%
MTDR	F	-0.19%
NUE	D	-0.19%
HP	F	-0.19%
PLAB	D	-0.19%
VC	F	-0.19%
OXM	F	-0.19%
GNTX	D	-0.19%
LPLA	D	-0.19%
WFRD	F	-0.19%
TREX	F	-0.18%
GES	F	-0.18%
PAX	F	-0.18%
SAIA	D	-0.18%
ABNB	D	-0.18%
TNET	F	-0.18%
LVS	C	-0.18%
QLYS	D	-0.17%
WNC	F	-0.17%
ULTA	D	-0.17%
LECO	D	-0.17%
BRKR	D	-0.17%
CVI	F	-0.17%
JBL	C	-0.17%
JBI	F	-0.16%
VYGR	F	-0.16%
LW	D	-0.15%
ZYXI	F	-0.15%
TWI	D	-0.15%
ELF	F	-0.14%
BLMN	F	-0.14%
ACMR	D	-0.14%
AMR	D	-0.14%
DXCM	F	-0.13%
PARR	F	-0.13%
ARCT	D	-0.13%
METC	F	-0.12%
ATKR	F	-0.12%
SHLS	F	-0.11%
FIVE	D	-0.11%
CELH	F	-0.09%
SMCI	F	-0.09%
NFE	F	-0.08%