WOMN vs. CVSE ETF Comparison

Comparison of Impact Shares YWCA Womenas Empowerment ETF (WOMN) to Calvert US Select Equity ETF (CVSE)

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

CVSE

Calvert US Select Equity ETF

CVSE Description

Under normal circumstances, at least 80% of the fund"s net assets (plus any borrowings for investment purposes) will be invested in the equity securities of U.S. issuers. The fund is actively managed, not designed to track a benchmark, and therefore not constrained by the composition of a benchmark. The fund primarily invests in the equity securities of large capitalization U.S. issuers that are involved in economic activities that address global environmental or societal challenges that relate to areas such as environmental sustainability and resource efficiency.

Grade (RS Rating)

Last Trade

$70.50

Average Daily Volume

945

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

Performance

Period	WOMN	CVSE
30 Days	2.87%	2.61%
60 Days	2.73%	4.06%
90 Days	5.77%	5.46%
12 Months	26.34%	30.71%

77 Overlapping Holdings

Symbol	Grade	Weight in WOMN	Weight in CVSE	Overlap
A	D	0.13%	0.31%	0.13%
AAPL	C	5.02%	6.81%	5.02%
ACN	C	1.9%	1.81%	1.81%
ADBE	C	2.23%	0.67%	0.67%
ADP	B	0.5%	0.84%	0.5%
ADSK	A	0.45%	0.36%	0.36%
AMGN	D	0.82%	0.73%	0.73%
AMT	D	0.49%	0.63%	0.49%
AWK	D	0.11%	0.67%	0.11%
AXP	A	0.7%	0.88%	0.7%
BBY	D	0.16%	0.24%	0.16%
BMY	B	0.43%	0.41%	0.41%
CBRE	B	0.16%	0.69%	0.16%
CFG	B	0.04%	0.55%	0.04%
CHD	B	0.11%	0.1%	0.1%
CLX	B	0.08%	0.3%	0.08%
CMI	A	0.2%	1.11%	0.2%
COF	B	0.24%	0.47%	0.24%
CRM	B	2.27%	1.09%	1.09%
CSCO	B	1.92%	0.75%	0.75%
DECK	A	0.28%	0.2%	0.2%
EA	A	0.16%	0.1%	0.1%
EBAY	D	0.29%	0.36%	0.29%
ECL	D	0.27%	0.69%	0.27%
ED	D	0.16%	0.49%	0.16%
EL	F	0.11%	0.22%	0.11%
EMR	A	0.28%	0.47%	0.28%
ETN	A	0.59%	1.42%	0.59%
ETSY	D	0.06%	0.03%	0.03%
FITB	A	0.13%	0.35%	0.13%
GILD	C	0.46%	0.34%	0.34%
GIS	D	0.19%	0.91%	0.19%
GM	B	0.49%	1.04%	0.49%
HBAN	A	0.09%	0.28%	0.09%
HIG	B	0.16%	0.21%	0.16%
HPE	B	0.19%	0.55%	0.19%
HPQ	B	0.36%	0.27%	0.27%
HST	C	0.06%	0.05%	0.05%
HUBS	A	0.26%	0.31%	0.26%
INTC	D	0.81%	0.26%	0.26%
INTU	C	1.56%	0.7%	0.7%
IPG	D	0.06%	0.26%	0.06%
KEY	B	0.08%	0.06%	0.06%
LLY	F	3.49%	2.63%	2.63%
LULU	C	0.29%	0.36%	0.29%
MA	C	1.77%	1.54%	1.54%
MET	A	0.22%	1.14%	0.22%
MRK	F	1.3%	1.73%	1.3%
MSFT	F	2.49%	7.68%	2.49%
MSI	B	0.63%	0.21%	0.21%
NFLX	A	0.72%	1.55%	0.72%
NOW	A	1.42%	1.11%	1.11%
OMC	C	0.09%	0.65%	0.09%
PGR	A	0.67%	1.06%	0.67%
PNR	A	0.06%	0.26%	0.06%
PRU	A	0.19%	0.76%	0.19%
PYPL	B	0.34%	0.32%	0.32%
REGN	F	0.55%	0.1%	0.1%
RF	A	0.1%	0.19%	0.1%
RHI	B	0.03%	0.04%	0.03%
ROK	B	0.14%	0.31%	0.14%
SCI	B	0.11%	0.18%	0.11%
SJM	D	0.06%	0.4%	0.06%
SPGI	C	0.7%	2.01%	0.7%
STT	A	0.11%	0.4%	0.11%
SWK	D	0.07%	0.09%	0.07%
TGT	F	0.36%	0.56%	0.36%
TROW	B	0.11%	0.19%	0.11%
TT	A	0.39%	0.84%	0.39%
V	A	1.94%	1.44%	1.44%
VRSK	A	0.17%	1.21%	0.17%
VRTX	F	0.54%	0.2%	0.2%
VTR	C	0.11%	0.14%	0.11%
VZ	C	0.82%	0.9%	0.82%
WDAY	B	0.51%	0.28%	0.28%
WSM	B	0.15%	0.2%	0.15%
XYL	D	0.15%	0.14%	0.14%

WOMN Overweight 121 Positions Relative to CVSE

Symbol	Grade	Weight
META	D	4.85%
AMZN	C	4.47%
XOM	B	2.53%
UNH	C	2.47%
MCD	D	2.04%
PG	A	1.82%
JNJ	D	1.82%
IBM	C	1.64%
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%
WMT	A	0.73%
UNP	C	0.71%
COP	C	0.65%
MS	A	0.6%
BLK	C	0.6%
ELV	F	0.59%
C	A	0.56%
CI	F	0.5%
MDLZ	F	0.47%
F	C	0.46%
TEL	B	0.43%
UPS	C	0.43%
EQIX	A	0.39%
CL	D	0.39%
WM	A	0.37%
MPWR	F	0.36%
TMUS	B	0.36%
YUM	B	0.36%
USB	A	0.35%
MMM	D	0.33%
WELL	A	0.33%
MCO	B	0.33%
APD	A	0.27%
PSX	C	0.26%
CARR	D	0.26%
NEM	D	0.26%
NSC	B	0.25%
KEYS	A	0.25%
ANSS	B	0.25%
FTV	C	0.24%
AIG	B	0.24%
WMB	A	0.24%
D	C	0.23%
SRE	A	0.23%
AEP	D	0.23%
KMB	D	0.22%
JCI	C	0.22%
BK	A	0.22%
TYL	B	0.22%
AMP	A	0.21%
ALL	A	0.21%
RSG	A	0.19%
EXC	C	0.19%
GWW	B	0.19%
PEG	A	0.18%
CTVA	C	0.18%
PCG	A	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%
KHC	F	0.16%
IR	B	0.16%
EIX	B	0.15%
IRM	D	0.15%
ADM	D	0.15%
DD	D	0.15%
EXPE	B	0.15%
GPN	B	0.14%
OKTA	C	0.14%
VST	B	0.14%
CAH	B	0.13%
HSY	F	0.13%
WTW	B	0.13%
BIIB	F	0.13%
PPG	F	0.13%
IFF	D	0.12%
ETR	B	0.12%
DAL	C	0.12%
RJF	A	0.1%
PPL	B	0.1%
CMS	C	0.09%
SYF	B	0.09%
BAX	D	0.09%
BAH	F	0.09%
INVH	D	0.09%
K	A	0.09%
BMRN	D	0.08%
CNP	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%
CAG	D	0.07%
LNT	A	0.07%
OC	A	0.07%
LUV	C	0.07%
DOC	D	0.07%
CE	F	0.06%
NI	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%
PNW	B	0.04%
MTCH	D	0.04%
AGR	B	0.01%
ZG	A	0.01%

WOMN Underweight 101 Positions Relative to CVSE

Symbol	Grade	Weight
NVDA	C	-7.98%
PH	A	-1.66%
HD	A	-1.33%
DIS	B	-1.24%
ICE	C	-1.0%
CAT	B	-0.94%
BSX	B	-0.82%
LOW	D	-0.75%
TRV	B	-0.72%
TFC	A	-0.7%
AMAT	F	-0.69%
URI	B	-0.68%
LIN	D	-0.64%
ES	D	-0.64%
PLD	D	-0.63%
SCHW	B	-0.62%
SHW	A	-0.61%
NUE	C	-0.61%
ITW	B	-0.58%
DFS	B	-0.55%
AMD	F	-0.52%
DE	A	-0.52%
TXN	C	-0.48%
HUM	C	-0.45%
JLL	D	-0.43%
CDNS	B	-0.43%
BALL	D	-0.4%
NDAQ	A	-0.4%
RMD	C	-0.38%
TJX	A	-0.37%
STE	F	-0.36%
MU	D	-0.35%
DHR	F	-0.35%
MKC	D	-0.34%
DRI	B	-0.31%
QCOM	F	-0.3%
IDXX	F	-0.3%
MORN	B	-0.3%
ULTA	F	-0.29%
EW	C	-0.29%
HOLX	D	-0.28%
TSCO	D	-0.28%
MOS	F	-0.28%
PFE	D	-0.27%
HAS	D	-0.26%
ALNY	D	-0.25%
NKE	D	-0.25%
PRI	A	-0.24%
MTN	C	-0.23%
DAR	C	-0.23%
MSA	D	-0.22%
SNPS	B	-0.22%
EXPD	D	-0.22%
BFAM	D	-0.21%
TPR	B	-0.2%
DELL	C	-0.19%
KLAC	D	-0.19%
FMC	D	-0.18%
EQR	B	-0.18%
WAT	B	-0.18%
CTAS	B	-0.18%
KNX	B	-0.18%
DVA	B	-0.17%
FIS	C	-0.16%
FCN	D	-0.16%
EXR	D	-0.15%
MTG	C	-0.15%
LRCX	F	-0.15%
PANW	C	-0.15%
AKAM	D	-0.14%
CNM	D	-0.14%
TWLO	A	-0.12%
NEE	D	-0.11%
GAP	C	-0.11%
G	B	-0.11%
EXAS	D	-0.1%
SNOW	C	-0.1%
BXP	D	-0.1%
MSCI	C	-0.1%
RL	B	-0.09%
PLNT	A	-0.09%
GPC	D	-0.09%
IQV	D	-0.09%
TTEK	F	-0.09%
VRSN	F	-0.08%
MAN	D	-0.08%
PODD	C	-0.08%
CSGP	D	-0.08%
PCTY	B	-0.08%
BRX	A	-0.06%
DKS	C	-0.06%
RKT	F	-0.06%
FICO	B	-0.05%
LITE	B	-0.05%
VLTO	D	-0.05%
ON	D	-0.05%
CIEN	B	-0.05%
FSLR	F	-0.04%
CPRT	A	-0.03%
HXL	D	-0.03%
MRNA	F	-0.02%