XTN vs. FDLS ETF Comparison

Comparison of SPDR S&P Transportation ETF (XTN) to Inspire Fidelis Multi Factor ETF (FDLS)

XTN

SPDR S&P Transportation ETF

XTN Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the transportation segment of a U.S. total market composite index. In seeking to track the performance of the S&P Transportation Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the transportation industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.39

Average Daily Volume

32,641

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDLS

Inspire Fidelis Multi Factor ETF

FDLS Description

Inspire Fidelis Multi Factor ESG ETF is an exchange traded fund launched by Northern Lights Fund Trust IV. The fund is managed by Inspire Investing, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the WI Fidelis Multi-Cap, Multi-Factor ESG Index, by using full replication technique. Inspire Fidelis Multi Factor ESG ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.50

Average Daily Volume

11,551

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XTN	FDLS
30 Days	8.53%	6.43%
60 Days	14.98%	7.40%
90 Days	16.72%	6.89%
12 Months	25.00%	25.41%

1 Overlapping Holdings

	Symbol	Grade	Weight in XTN	Weight in FDLS	Overlap
	DAL	B	3.27%	1.31%	1.31%

XTN Overweight 41 Positions Relative to FDLS

Symbol	Grade	Weight
UAL	A	4.14%
LYFT	C	3.6%
SKYW	C	3.23%
CAR	C	3.18%
XPO	B	3.1%
AAL	B	3.04%
ALK	B	2.89%
SAIA	B	2.86%
MATX	C	2.83%
JBLU	F	2.73%
R	B	2.73%
GXO	B	2.68%
ODFL	C	2.64%
LUV	C	2.58%
CHRW	B	2.54%
KEX	B	2.49%
JBHT	C	2.49%
JOBY	B	2.48%
ARCB	C	2.45%
SNDR	B	2.45%
WERN	C	2.45%
NSC	B	2.45%
RXO	D	2.44%
CSX	C	2.42%
KNX	C	2.41%
UPS	C	2.38%
LSTR	D	2.34%
FDX	B	2.33%
EXPD	C	2.28%
UBER	F	2.25%
HUBG	A	2.21%
UNP	C	2.16%
ALGT	B	2.12%
GNK	D	1.2%
FWRD	D	1.17%
SNCY	C	1.14%
ATSG	B	1.07%
HTZ	C	0.97%
MRTN	D	0.79%
UHAL	D	0.66%
HTLD	C	0.49%

XTN Underweight 97 Positions Relative to FDLS

Symbol	Grade	Weight
HNST	A	-1.64%
POWL	C	-1.51%
SMWB	A	-1.32%
DOCU	B	-1.31%
SFM	A	-1.3%
IBKR	A	-1.28%
TILE	B	-1.27%
TDS	B	-1.24%
CEIX	A	-1.22%
NECB	C	-1.21%
OPRA	B	-1.19%
TCBX	B	-1.19%
TRGP	A	-1.19%
HQY	A	-1.17%
GRMN	B	-1.16%
NTNX	B	-1.16%
PPC	C	-1.13%
BKR	A	-1.12%
HWM	A	-1.12%
QCRH	B	-1.12%
FIX	A	-1.11%
STLD	B	-1.11%
DECK	A	-1.11%
EME	A	-1.09%
VIRT	A	-1.07%
TCMD	B	-1.07%
BBW	C	-1.07%
GEN	B	-1.07%
ACIW	B	-1.07%
EHC	B	-1.06%
FCNCA	A	-1.06%
GFF	A	-1.06%
ITRI	C	-1.06%
HSTM	B	-1.06%
CVLT	B	-1.06%
CTAS	B	-1.04%
BFH	C	-1.03%
TSM	B	-1.02%
VNET	B	-1.02%
OSPN	A	-1.02%
LGTY	C	-1.01%
RGA	A	-1.01%
MPLX	A	-1.0%
TSN	B	-1.0%
CAT	B	-1.0%
WLDN	C	-0.99%
WRB	A	-0.99%
QNST	B	-0.99%
ADMA	B	-0.99%
WWD	C	-0.99%
CHWY	B	-0.99%
PNW	A	-0.98%
VIRC	B	-0.98%
CPRX	C	-0.98%
PGR	A	-0.98%
BMI	B	-0.97%
APPF	B	-0.97%
LII	A	-0.96%
CSTL	D	-0.96%
MGIC	D	-0.96%
FANG	C	-0.96%
RNR	C	-0.95%
CBT	D	-0.95%
THC	D	-0.94%
MNDY	C	-0.94%
OFG	B	-0.93%
FRST	B	-0.92%
WES	C	-0.92%
DVA	C	-0.91%
FRBA	D	-0.9%
BELFB	C	-0.9%
RMD	C	-0.9%
UGI	C	-0.9%
QCOM	F	-0.9%
SAIC	F	-0.89%
ESEA	D	-0.87%
BCRX	D	-0.87%
PTGX	D	-0.86%
MELI	C	-0.85%
PHM	D	-0.85%
EGY	D	-0.84%
BG	D	-0.84%
VITL	D	-0.83%
HY	D	-0.82%
UHS	D	-0.81%
NOMD	D	-0.81%
MG	D	-0.8%
EVER	D	-0.8%
DHI	F	-0.8%
PLUS	F	-0.77%
CRUS	D	-0.77%
FSLR	F	-0.76%
NEM	D	-0.73%
ASC	F	-0.64%
OSCR	D	-0.63%
ATNI	F	-0.62%
ANGI	F	-0.59%