WOMN vs. KVLE ETF Comparison

Comparison of Impact Shares YWCA Womenas Empowerment ETF (WOMN) to KFA Value Line Dynamic Core Equity Index ETF (KVLE)

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

$40.19

Average Daily Volume

1,909

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

KVLE

KFA Value Line Dynamic Core Equity Index ETF

KVLE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific equity securities index, the Value Line®Dynamic Core Equity Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index. It may invest up to 20% of its assets in instruments that are not included in the underlying index, but that Fund's adviser, Krane Funds Advisors, LLC, believes will help the fund track the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.88

Average Daily Volume

3,781

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WOMN	KVLE
30 Days	3.83%	3.40%
60 Days	4.40%	4.78%
90 Days	6.50%	7.78%
12 Months	27.85%	27.91%

41 Overlapping Holdings

Symbol	Grade	Weight in WOMN	Weight in KVLE	Overlap
AAPL	B	5.02%	5.16%	5.02%
ABBV	D	1.55%	1.16%	1.16%
ADP	B	0.5%	1.68%	0.5%
AEP	D	0.23%	0.66%	0.23%
ALL	B	0.21%	0.45%	0.21%
AMGN	D	0.82%	0.8%	0.8%
AMZN	C	4.47%	3.06%	3.06%
APD	A	0.27%	1.73%	0.27%
BMY	B	0.43%	1.84%	0.43%
CAG	D	0.07%	0.65%	0.07%
CFG	B	0.04%	0.13%	0.04%
CL	D	0.39%	0.46%	0.39%
CMI	A	0.2%	0.89%	0.2%
CSCO	A	1.92%	1.92%	1.92%
CVX	B	1.31%	1.02%	1.02%
DOW	F	0.17%	1.16%	0.17%
ED	D	0.16%	0.89%	0.16%
ETR	B	0.12%	0.97%	0.12%
GILD	B	0.46%	1.53%	0.46%
GIS	D	0.19%	0.14%	0.14%
IBM	C	1.64%	1.19%	1.19%
JNJ	D	1.82%	0.46%	0.46%
KMB	C	0.22%	1.47%	0.22%
KO	D	1.25%	0.31%	0.31%
LLY	F	3.49%	0.95%	0.95%
MCD	D	2.04%	0.57%	0.57%
META	D	4.85%	2.09%	2.09%
MRK	F	1.3%	0.97%	0.97%
MS	B	0.6%	0.74%	0.6%
MSFT	D	2.49%	5.54%	2.49%
NFLX	B	0.72%	0.37%	0.37%
PAYX	B	0.18%	1.54%	0.18%
PEG	A	0.18%	0.7%	0.18%
PG	A	1.82%	0.89%	0.89%
PSX	C	0.26%	0.87%	0.26%
RF	B	0.1%	0.25%	0.1%
RHI	C	0.03%	0.58%	0.03%
TROW	A	0.11%	1.33%	0.11%
UNP	C	0.71%	0.86%	0.71%
UPS	C	0.43%	1.32%	0.43%
VZ	B	0.82%	1.54%	0.82%

WOMN Overweight 157 Positions Relative to KVLE

Symbol	Grade	Weight
XOM	C	2.53%
UNH	B	2.47%
CRM	B	2.27%
ADBE	C	2.23%
V	A	1.94%
ACN	B	1.9%
MA	B	1.77%
INTU	C	1.56%
NOW	B	1.42%
BAC	A	1.25%
UBER	D	1.22%
PEP	F	1.17%
SBUX	B	1.03%
WFC	A	0.95%
GE	D	0.88%
INTC	C	0.81%
WMT	B	0.73%
SPGI	C	0.7%
AXP	A	0.7%
PGR	A	0.67%
COP	D	0.65%
MSI	C	0.63%
BLK	C	0.6%
ELV	F	0.59%
ETN	A	0.59%
C	A	0.56%
REGN	F	0.55%
VRTX	D	0.54%
WDAY	C	0.51%
CI	D	0.5%
GM	B	0.49%
AMT	D	0.49%
MDLZ	F	0.47%
F	C	0.46%
ADSK	B	0.45%
TEL	B	0.43%
TT	B	0.39%
EQIX	A	0.39%
WM	A	0.37%
TGT	F	0.36%
HPQ	B	0.36%
MPWR	F	0.36%
TMUS	A	0.36%
YUM	B	0.36%
USB	A	0.35%
PYPL	A	0.34%
MMM	D	0.33%
WELL	C	0.33%
MCO	A	0.33%
LULU	C	0.29%
EBAY	C	0.29%
DECK	A	0.28%
EMR	A	0.28%
ECL	D	0.27%
CARR	C	0.26%
HUBS	B	0.26%
NEM	F	0.26%
NSC	A	0.25%
KEYS	B	0.25%
ANSS	B	0.25%
FTV	B	0.24%
AIG	B	0.24%
WMB	B	0.24%
COF	B	0.24%
D	C	0.23%
SRE	A	0.23%
MET	A	0.22%
JCI	C	0.22%
BK	A	0.22%
TYL	A	0.22%
AMP	B	0.21%
RSG	A	0.19%
EXC	D	0.19%
GWW	A	0.19%
PRU	A	0.19%
HPE	B	0.19%
CTVA	B	0.18%
PCG	B	0.18%
VRSK	A	0.17%
KR	A	0.17%
BKR	C	0.17%
DASH	A	0.17%
OXY	F	0.17%
BBY	D	0.16%
KHC	D	0.16%
HIG	B	0.16%
EA	C	0.16%
IR	A	0.16%
CBRE	B	0.16%
EIX	A	0.15%
IRM	C	0.15%
ADM	F	0.15%
DD	D	0.15%
XYL	D	0.15%
EXPE	B	0.15%
WSM	B	0.15%
GPN	C	0.14%
ROK	B	0.14%
OKTA	C	0.14%
VST	B	0.14%
CAH	B	0.13%
HSY	F	0.13%
A	D	0.13%
FITB	B	0.13%
WTW	B	0.13%
BIIB	F	0.13%
PPG	D	0.13%
IFF	D	0.12%
DAL	B	0.12%
VTR	D	0.11%
SCI	A	0.11%
EL	F	0.11%
STT	A	0.11%
CHD	B	0.11%
AWK	D	0.11%
RJF	A	0.1%
PPL	B	0.1%
CMS	C	0.09%
SYF	A	0.09%
BAX	F	0.09%
OMC	C	0.09%
BAH	F	0.09%
INVH	D	0.09%
K	A	0.09%
HBAN	B	0.09%
BMRN	F	0.08%
CNP	A	0.08%
KEY	A	0.08%
DAY	A	0.08%
PFG	C	0.08%
PINS	F	0.08%
NTRS	A	0.08%
ESS	B	0.08%
TRU	D	0.08%
CLX	C	0.08%
SWK	D	0.07%
LNT	A	0.07%
OC	B	0.07%
LUV	B	0.07%
DOC	C	0.07%
HST	C	0.06%
IPG	C	0.06%
SJM	D	0.06%
CE	F	0.06%
NI	A	0.06%
ETSY	D	0.06%
PNR	B	0.06%
TAP	C	0.05%
CPB	D	0.05%
REXR	F	0.05%
ALB	C	0.05%
ELS	C	0.05%
Z	B	0.04%
PNW	B	0.04%
MTCH	F	0.04%
AGR	B	0.01%
ZG	B	0.01%

WOMN Underweight 45 Positions Relative to KVLE

Symbol	Grade	Weight
NVDA	C	-7.47%
GOOG	C	-3.46%
HD	A	-2.21%
MO	A	-1.91%
GS	B	-1.79%
APH	B	-1.62%
DTM	B	-1.59%
TXN	D	-1.59%
CMCSA	C	-1.58%
CALM	B	-1.57%
FAST	B	-1.56%
WEC	A	-1.55%
PFE	D	-1.52%
PSA	C	-1.49%
MMS	F	-1.33%
LMT	D	-1.26%
HESM	B	-1.22%
WU	D	-1.19%
PKG	B	-1.15%
JPM	B	-1.13%
FLO	C	-0.89%
WSO	A	-0.88%
SPG	C	-0.86%
EPD	B	-0.64%
VIRT	B	-0.6%
UGI	A	-0.6%
SNA	A	-0.6%
OGS	A	-0.58%
MSM	C	-0.52%
CME	A	-0.47%
TMO	F	-0.37%
AFL	B	-0.36%
OKE	C	-0.35%
NTAP	C	-0.31%
MCK	C	-0.31%
PM	B	-0.28%
SR	A	-0.25%
POWL	C	-0.24%
DKS	C	-0.24%
RTX	D	-0.23%
ORCL	C	-0.19%
DUK	C	-0.18%
GD	F	-0.13%
APP	B	-0.12%
CVS	D	-0.11%