WOMN vs. VEGN ETF Comparison

Comparison of Impact Shares YWCA Womenas Empowerment ETF (WOMN) to US Vegan Climate Index (VEGN)

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

VEGN

US Vegan Climate Index

VEGN Description

The investment seeks to track the performance, before fees and expenses, of the Beyond Investing US Vegan Climate Index. The index's construction begins with the constituents of the Solactive US Large Cap Index, consisting of approximately 500 of the largest U.S.-listed companies. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Grade (RS Rating)

Last Trade

$54.74

Average Daily Volume

6,407

Number of Holdings ^*

252

* may have additional holdings in another (foreign) market

Performance

Period	WOMN	VEGN
30 Days	2.87%	6.25%
60 Days	2.73%	7.15%
90 Days	5.77%	9.60%
12 Months	26.34%	35.44%

78 Overlapping Holdings

Symbol	Grade	Weight in WOMN	Weight in VEGN	Overlap
AAPL	C	5.02%	4.67%	4.67%
ACN	C	1.9%	2.11%	1.9%
ADBE	C	2.23%	2.02%	2.02%
ADP	B	0.5%	0.52%	0.5%
ADSK	A	0.45%	0.28%	0.28%
AIG	B	0.24%	0.21%	0.21%
ALL	A	0.21%	0.22%	0.21%
AMP	A	0.21%	0.24%	0.21%
AMT	D	0.49%	0.39%	0.39%
ANSS	B	0.25%	0.13%	0.13%
AWK	D	0.11%	0.11%	0.11%
AXP	A	0.7%	0.69%	0.69%
BK	A	0.22%	0.25%	0.22%
CARR	D	0.26%	0.26%	0.26%
CBRE	B	0.16%	0.17%	0.16%
CFG	B	0.04%	0.09%	0.04%
CI	F	0.5%	0.38%	0.38%
CMI	A	0.2%	0.21%	0.2%
COF	B	0.24%	0.29%	0.24%
CRM	B	2.27%	2.54%	2.27%
CSCO	B	1.92%	2.18%	1.92%
DASH	A	0.17%	0.23%	0.17%
EA	A	0.16%	0.19%	0.16%
EBAY	D	0.29%	0.13%	0.13%
ELV	F	0.59%	0.39%	0.39%
EQIX	A	0.39%	0.36%	0.36%
ESS	B	0.08%	0.08%	0.08%
ETN	A	0.59%	0.6%	0.59%
EXPE	B	0.15%	0.1%	0.1%
FITB	A	0.13%	0.13%	0.13%
GPN	B	0.14%	0.12%	0.12%
GWW	B	0.19%	0.2%	0.19%
HBAN	A	0.09%	0.11%	0.09%
HIG	B	0.16%	0.15%	0.15%
HUBS	A	0.26%	0.14%	0.14%
IBM	C	1.64%	1.83%	1.64%
INTC	D	0.81%	0.43%	0.43%
INTU	C	1.56%	1.67%	1.56%
INVH	D	0.09%	0.08%	0.08%
IPG	D	0.06%	0.05%	0.05%
IRM	D	0.15%	0.14%	0.14%
JCI	C	0.22%	0.24%	0.22%
KEY	B	0.08%	0.07%	0.07%
KEYS	A	0.25%	0.12%	0.12%
MA	C	1.77%	3.05%	1.77%
MCO	B	0.33%	0.31%	0.31%
MET	A	0.22%	0.21%	0.21%
MPWR	F	0.36%	0.11%	0.11%
NOW	A	1.42%	1.97%	1.42%
OC	A	0.07%	0.07%	0.07%
OKTA	C	0.14%	0.05%	0.05%
OMC	C	0.09%	0.08%	0.08%
PAYX	C	0.18%	0.19%	0.18%
PGR	A	0.67%	0.63%	0.63%
PINS	D	0.08%	0.07%	0.07%
PRU	A	0.19%	0.19%	0.19%
PYPL	B	0.34%	0.37%	0.34%
RF	A	0.1%	0.1%	0.1%
RHI	B	0.03%	0.03%	0.03%
RJF	A	0.1%	0.13%	0.1%
ROK	B	0.14%	0.13%	0.13%
SPGI	C	0.7%	0.68%	0.68%
SWK	D	0.07%	0.05%	0.05%
SYF	B	0.09%	0.11%	0.09%
TMUS	B	0.36%	0.51%	0.36%
TRU	D	0.08%	0.08%	0.08%
TT	A	0.39%	0.39%	0.39%
TYL	B	0.22%	0.11%	0.11%
UBER	D	1.22%	0.59%	0.59%
UNH	C	2.47%	3.52%	2.47%
UPS	C	0.43%	0.4%	0.4%
V	A	1.94%	3.27%	1.94%
VRSK	A	0.17%	0.17%	0.17%
VTR	C	0.11%	0.11%	0.11%
VZ	C	0.82%	1.67%	0.82%
WDAY	B	0.51%	0.23%	0.23%
WELL	A	0.33%	0.33%	0.33%
WTW	B	0.13%	0.13%	0.13%

WOMN Overweight 120 Positions Relative to VEGN

Symbol	Grade	Weight
META	D	4.85%
AMZN	C	4.47%
LLY	F	3.49%
XOM	B	2.53%
MSFT	F	2.49%
MCD	D	2.04%
PG	A	1.82%
JNJ	D	1.82%
ABBV	D	1.55%
CVX	A	1.31%
MRK	F	1.3%
KO	D	1.25%
BAC	A	1.25%
PEP	F	1.17%
SBUX	A	1.03%
WFC	A	0.95%
GE	D	0.88%
AMGN	D	0.82%
WMT	A	0.73%
NFLX	A	0.72%
UNP	C	0.71%
COP	C	0.65%
MSI	B	0.63%
MS	A	0.6%
BLK	C	0.6%
C	A	0.56%
REGN	F	0.55%
VRTX	F	0.54%
GM	B	0.49%
MDLZ	F	0.47%
F	C	0.46%
GILD	C	0.46%
TEL	B	0.43%
BMY	B	0.43%
CL	D	0.39%
WM	A	0.37%
TGT	F	0.36%
HPQ	B	0.36%
YUM	B	0.36%
USB	A	0.35%
MMM	D	0.33%
LULU	C	0.29%
DECK	A	0.28%
EMR	A	0.28%
APD	A	0.27%
ECL	D	0.27%
PSX	C	0.26%
NEM	D	0.26%
NSC	B	0.25%
FTV	C	0.24%
WMB	A	0.24%
D	C	0.23%
SRE	A	0.23%
AEP	D	0.23%
KMB	D	0.22%
RSG	A	0.19%
EXC	C	0.19%
GIS	D	0.19%
HPE	B	0.19%
PEG	A	0.18%
CTVA	C	0.18%
PCG	A	0.18%
KR	B	0.17%
BKR	B	0.17%
DOW	F	0.17%
OXY	D	0.17%
BBY	D	0.16%
KHC	F	0.16%
ED	D	0.16%
IR	B	0.16%
EIX	B	0.15%
ADM	D	0.15%
DD	D	0.15%
XYL	D	0.15%
WSM	B	0.15%
VST	B	0.14%
CAH	B	0.13%
HSY	F	0.13%
A	D	0.13%
BIIB	F	0.13%
PPG	F	0.13%
IFF	D	0.12%
ETR	B	0.12%
DAL	C	0.12%
SCI	B	0.11%
EL	F	0.11%
STT	A	0.11%
TROW	B	0.11%
CHD	B	0.11%
PPL	B	0.1%
CMS	C	0.09%
BAX	D	0.09%
BAH	F	0.09%
K	A	0.09%
BMRN	D	0.08%
CNP	B	0.08%
DAY	B	0.08%
PFG	D	0.08%
NTRS	A	0.08%
CLX	B	0.08%
CAG	D	0.07%
LNT	A	0.07%
LUV	C	0.07%
DOC	D	0.07%
HST	C	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%
PNW	B	0.04%
MTCH	D	0.04%
AGR	B	0.01%
ZG	A	0.01%

WOMN Underweight 174 Positions Relative to VEGN

Symbol	Grade	Weight
NVDA	C	-6.0%
TSLA	B	-5.76%
AVGO	D	-4.06%
ORCL	B	-2.8%
GOOG	C	-1.94%
GOOGL	C	-1.94%
AMD	F	-1.85%
TXN	C	-1.68%
QCOM	F	-1.54%
AMAT	F	-1.33%
BKNG	A	-0.72%
CMCSA	B	-0.71%
T	A	-0.69%
FI	A	-0.54%
PANW	C	-0.53%
CB	C	-0.48%
MU	D	-0.46%
MMC	B	-0.46%
PLD	D	-0.44%
DE	A	-0.43%
LRCX	F	-0.39%
ANET	C	-0.38%
ICE	C	-0.37%
PH	A	-0.37%
SNPS	B	-0.35%
KLAC	D	-0.35%
MCK	B	-0.34%
CME	A	-0.34%
CDNS	B	-0.34%
MRVL	B	-0.33%
CRWD	B	-0.33%
AON	A	-0.31%
ORLY	B	-0.3%
MSTR	C	-0.3%
AJG	B	-0.27%
HCA	F	-0.27%
FDX	B	-0.27%
TFC	A	-0.26%
SPG	B	-0.25%
TRV	B	-0.25%
ABNB	C	-0.25%
FICO	B	-0.24%
FTNT	C	-0.24%
PCAR	B	-0.24%
AFL	B	-0.24%
TTD	B	-0.23%
URI	B	-0.23%
PSA	D	-0.22%
O	D	-0.21%
FIS	C	-0.21%
SQ	B	-0.21%
FAST	B	-0.2%
CPRT	A	-0.2%
VRT	B	-0.2%
DHI	D	-0.2%
MSCI	C	-0.19%
CCI	D	-0.19%
DFS	B	-0.18%
DELL	C	-0.17%
OTIS	C	-0.17%
LEN	D	-0.17%
SNOW	C	-0.17%
CHTR	C	-0.16%
CTSH	B	-0.16%
TEAM	A	-0.16%
IT	C	-0.16%
IQV	D	-0.15%
EXR	D	-0.15%
DDOG	A	-0.15%
MTB	A	-0.15%
HUM	C	-0.15%
AVB	B	-0.14%
WAB	B	-0.14%
ACGL	D	-0.14%
MCHP	D	-0.14%
EFX	F	-0.13%
CSGP	D	-0.13%
VEEV	C	-0.13%
TTWO	A	-0.13%
CNC	D	-0.13%
NVR	D	-0.12%
NET	B	-0.12%
ON	D	-0.12%
EQR	B	-0.11%
NTAP	C	-0.11%
GDDY	A	-0.11%
BRO	B	-0.11%
BR	A	-0.11%
PHM	D	-0.11%
DOV	A	-0.11%
NDAQ	A	-0.11%
SBAC	D	-0.1%
CINF	A	-0.1%
LPLA	A	-0.1%
CDW	F	-0.1%
HUBB	B	-0.1%
EME	C	-0.1%
MTD	D	-0.1%
RBLX	C	-0.1%
ZM	B	-0.09%
WDC	D	-0.09%
BLDR	D	-0.09%
WAT	B	-0.09%
CBOE	B	-0.09%
MKL	A	-0.09%
PTC	A	-0.09%
HOOD	B	-0.08%
ZS	C	-0.08%
FDS	B	-0.08%
WSO	A	-0.08%
GEN	B	-0.08%
MAA	B	-0.08%
NTRA	B	-0.08%
WRB	A	-0.08%
SNA	A	-0.08%
FSLR	F	-0.08%
STX	D	-0.08%
ZBRA	B	-0.08%
MDB	C	-0.08%
LII	A	-0.08%
LYV	A	-0.08%
SUI	D	-0.07%
TER	D	-0.07%
SSNC	B	-0.07%
VRSN	F	-0.07%
KIM	A	-0.07%
GPC	D	-0.07%
MANH	D	-0.07%
XPO	B	-0.07%
IEX	B	-0.07%
NTNX	A	-0.07%
EXPD	D	-0.07%
MOH	F	-0.07%
TRMB	B	-0.07%
AKAM	D	-0.06%
EPAM	C	-0.06%
SWKS	F	-0.06%
POOL	C	-0.06%
SAIA	B	-0.06%
GGG	B	-0.06%
ENTG	D	-0.06%
JBL	B	-0.06%
PSTG	D	-0.06%
CCK	C	-0.05%
FHN	A	-0.05%
KMX	B	-0.05%
WPC	D	-0.05%
JKHY	D	-0.05%
EG	C	-0.05%
SMCI	F	-0.05%
ENPH	F	-0.04%
TTC	D	-0.04%
PLNT	A	-0.04%
WMS	D	-0.04%
GPK	C	-0.04%
OMCL	C	-0.04%
INGR	B	-0.04%
LKQ	D	-0.04%
LAD	A	-0.04%
ELF	C	-0.03%
ENR	B	-0.03%
RIVN	F	-0.03%
TREX	C	-0.03%
SSD	D	-0.03%
HRB	D	-0.03%
EYE	C	-0.02%
RUN	F	-0.02%
CELH	F	-0.02%
SLGN	A	-0.02%
AN	C	-0.02%
HTZ	C	-0.02%
PLUG	F	-0.01%
CAR	C	-0.01%
BYND	F	-0.01%