BLES vs. NACP ETF Comparison

Comparison of Inspire Global Hope Large Cap ETF (BLES) to Impact Shares NAACP Minority Empowerment ETF (NACP)

BLES

Inspire Global Hope Large Cap ETF

BLES Description

Inspire Global Hope Large Cap ETF is designed to create meaningful impact by investing in some of the most inspiring companies from around the globe, while also seeking to provide investors with a low cost, high impact investment that meets the stringent demands of modern investors. All Inspire ETF%u2019s meet biblically responsible investing (BRI) standards, which measure a portfolio%u2019s alignment with biblical values.

Grade (RS Rating)

Last Trade

$39.25

Average Daily Volume

7,900

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

NACP

Impact Shares NAACP Minority Empowerment ETF

NACP Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar Minority Empowerment Index (the underlying index). The fund will, under normal circumstances, invest at least 80% of its total assets, plus borrowings for investment purposes (the "80% basket") in component securities of the underlying index ("Component Securities"). The underlying index is designed to measure the performance of large and mid- capitalization companies that are "empowering to minorities," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.87

Average Daily Volume

2,485

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

Performance

Period	BLES	NACP
30 Days	3.10%	2.07%
60 Days	4.94%	3.38%
90 Days	7.66%	3.52%
12 Months	22.10%	30.45%

35 Overlapping Holdings

Symbol	Grade	Weight in BLES	Weight in NACP	Overlap
ALB	D	0.22%	0.04%	0.04%
AME	C	0.24%	0.13%	0.13%
BAX	C	0.28%	0.07%	0.07%
BG	D	0.22%	0.05%	0.05%
BWA	D	0.24%	0.03%	0.03%
CF	C	0.25%	0.05%	0.05%
CMS	C	0.28%	0.07%	0.07%
CNH	D	0.24%	0.03%	0.03%
CPB	C	0.27%	0.04%	0.04%
CSX	D	0.24%	0.24%	0.24%
DOC	C	0.28%	0.06%	0.06%
DVN	F	0.2%	0.1%	0.1%
ELV	C	0.24%	0.47%	0.24%
EMR	D	0.22%	0.22%	0.22%
ETR	B	0.28%	0.08%	0.08%
EXPD	C	0.23%	0.07%	0.07%
FCX	D	0.21%	0.25%	0.21%
JBHT	D	0.25%	0.05%	0.05%
KMI	B	0.25%	0.15%	0.15%
MLM	D	0.23%	0.12%	0.12%
NDSN	C	0.26%	0.05%	0.05%
NEM	B	0.3%	0.22%	0.22%
OKE	B	0.27%	0.18%	0.18%
PANW	D	0.24%	1.81%	0.24%
PLD	C	0.28%	0.42%	0.28%
QCOM	D	0.2%	3.18%	0.2%
REG	C	0.29%	0.04%	0.04%
RF	B	0.26%	0.07%	0.07%
RMD	C	0.31%	0.11%	0.11%
SCCO	D	0.22%	0.03%	0.03%
URI	B	0.27%	0.18%	0.18%
VLO	F	0.21%	0.17%	0.17%
VMC	D	0.23%	0.12%	0.12%
VRSK	D	0.24%	0.13%	0.13%
WEC	C	0.29%	0.1%	0.1%

BLES Overweight 171 Positions Relative to NACP

Symbol	Grade	Weight
ERIE	B	0.34%
DHI	B	0.33%
UWMC	D	0.32%
WAL	B	0.31%
BXP	B	0.31%
BLDR	C	0.31%
FICO	B	0.3%
WELL	C	0.3%
PSA	B	0.3%
EFX	B	0.3%
PHM	B	0.3%
VTR	C	0.3%
NVR	B	0.29%
PGR	B	0.29%
CBOE	C	0.29%
SFM	B	0.29%
FTNT	C	0.29%
LEN	B	0.29%
SUI	B	0.29%
WPC	C	0.28%
CIEN	C	0.28%
MSCI	C	0.28%
TYL	C	0.28%
ESS	B	0.28%
PH	B	0.28%
ATO	B	0.28%
CTAS	B	0.28%
ELS	C	0.28%
ICE	C	0.28%
MAA	B	0.28%
VEEV	C	0.28%
MKC	C	0.28%
BIO	C	0.28%
CHKP	B	0.28%
MOH	D	0.28%
SSNC	B	0.28%
STE	C	0.27%
RPM	B	0.27%
IQV	C	0.27%
IP	B	0.27%
CAG	C	0.27%
PAYX	C	0.27%
EQR	B	0.27%
TRGP	B	0.27%
RRX	C	0.27%
BRO	C	0.27%
CPAY	B	0.27%
EVRG	B	0.27%
PODD	B	0.27%
WY	C	0.27%
AWK	B	0.27%
OGE	C	0.27%
UDR	C	0.27%
PKG	B	0.27%
CINF	B	0.27%
EVR	A	0.27%
EXR	B	0.27%
POOL	C	0.27%
CPT	B	0.27%
SNA	C	0.26%
EPAM	F	0.26%
EME	B	0.26%
ODFL	D	0.26%
HOLX	B	0.26%
KEYS	C	0.26%
SPG	B	0.26%
FCNCA	D	0.26%
DOX	C	0.26%
ISRG	B	0.26%
ENPH	D	0.26%
MPWR	C	0.26%
FAST	C	0.26%
WRB	C	0.26%
LBRDA	F	0.26%
WSO	C	0.25%
INVH	C	0.25%
CAT	B	0.25%
NTNX	C	0.25%
IBKR	B	0.25%
DLR	B	0.25%
L	C	0.25%
INCY	C	0.25%
ON	D	0.25%
GGG	C	0.25%
AVGO	C	0.25%
RPRX	C	0.25%
RSG	D	0.25%
AIT	A	0.25%
AZO	D	0.25%
JKHY	B	0.25%
CSGP	D	0.25%
ORLY	C	0.25%
GRMN	D	0.25%
MRVL	C	0.25%
MANH	B	0.25%
AEI	D	0.25%
ARE	C	0.25%
GPC	D	0.24%
CNI	D	0.24%
ALGN	D	0.24%
CSL	B	0.24%
WCC	D	0.24%
FSLR	C	0.24%
MNST	D	0.24%
AGR	B	0.24%
TRMB	C	0.24%
E	C	0.24%
IBN	B	0.24%
IDXX	C	0.24%
DOV	B	0.24%
ANET	B	0.24%
RL	C	0.24%
ROL	C	0.24%
EOG	D	0.23%
ICLR	D	0.23%
WLK	D	0.23%
DECK	C	0.23%
SWKS	D	0.23%
DAR	F	0.23%
RS	D	0.23%
HST	C	0.23%
LYB	D	0.23%
CEG	C	0.23%
JBL	D	0.23%
ROP	C	0.23%
WM	D	0.23%
AOS	D	0.23%
MTD	D	0.23%
MKL	C	0.23%
ANSS	D	0.23%
CNP	C	0.22%
WST	D	0.22%
KLAC	D	0.22%
NTAP	D	0.22%
MRO	C	0.22%
CPRT	D	0.22%
PCAR	D	0.22%
APH	D	0.22%
NET	D	0.22%
GNTX	F	0.21%
NXPI	F	0.21%
STLD	F	0.21%
NBIX	F	0.21%
TER	D	0.21%
CHK	D	0.21%
TTC	D	0.21%
PVH	F	0.21%
NUE	F	0.21%
HAL	F	0.2%
OVV	F	0.2%
HUBS	D	0.2%
SNOW	F	0.2%
DDOG	D	0.2%
SLB	F	0.2%
WDC	D	0.2%
MCHP	F	0.2%
CTRA	D	0.2%
FANG	D	0.2%
OKTA	F	0.19%
OXY	F	0.19%
SNPS	D	0.19%
ENTG	F	0.19%
APA	F	0.19%
COIN	F	0.18%
LW	D	0.18%
LSCC	D	0.18%
GFS	F	0.18%
DLTR	F	0.16%
CFLT	F	0.16%
DG	F	0.15%
SMCI	F	0.13%

BLES Underweight 161 Positions Relative to NACP

Symbol	Grade	Weight
AAPL	C	-5.03%
NVDA	D	-4.9%
MSFT	C	-4.63%
AMZN	C	-4.47%
META	B	-3.63%
ACN	C	-3.58%
IBM	B	-3.08%
GOOGL	D	-2.41%
JPM	D	-2.39%
UBER	C	-2.29%
VZ	B	-2.26%
TSLA	C	-2.22%
GOOG	D	-2.16%
XOM	C	-2.0%
UNH	C	-1.95%
MU	F	-1.75%
V	C	-1.53%
INTC	F	-1.52%
JNJ	C	-1.44%
MA	B	-1.4%
ABBV	C	-1.22%
CVX	D	-1.04%
MRK	D	-1.03%
KO	C	-0.99%
BAC	D	-0.99%
PEP	C	-0.92%
TMO	B	-0.83%
WMT	C	-0.73%
ABT	C	-0.69%
GE	B	-0.69%
NEE	C	-0.66%
DHR	B	-0.64%
HPQ	D	-0.62%
PFE	C	-0.62%
AXP	B	-0.56%
UNP	C	-0.56%
SPGI	B	-0.55%
DELL	D	-0.54%
LOW	B	-0.51%
COP	D	-0.49%
MS	D	-0.47%
HON	D	-0.46%
C	C	-0.45%
EA	D	-0.45%
T	C	-0.45%
ETN	C	-0.44%
MDT	C	-0.42%
BSX	B	-0.41%
ADP	B	-0.4%
BA	F	-0.38%
MELI	B	-0.38%
CI	C	-0.37%
DE	B	-0.36%
MDLZ	B	-0.36%
NKE	D	-0.36%
BMY	C	-0.35%
UPS	D	-0.35%
GILD	B	-0.35%
SO	B	-0.35%
SCHW	D	-0.33%
DUK	C	-0.32%
EQIX	C	-0.29%
TT	B	-0.29%
NOC	B	-0.29%
PNC	B	-0.27%
CVS	D	-0.27%
PYPL	B	-0.27%
ITW	C	-0.27%
MMM	B	-0.26%
MCO	B	-0.26%
FDX	C	-0.25%
AON	B	-0.24%
MPC	F	-0.23%
BDX	D	-0.23%
PSX	F	-0.22%
TFC	C	-0.22%
ECL	B	-0.21%
NSC	C	-0.2%
WMB	B	-0.19%
AEP	C	-0.19%
MAR	C	-0.19%
SRE	C	-0.18%
TRV	C	-0.18%
CCI	C	-0.18%
D	C	-0.18%
GM	C	-0.18%
MET	B	-0.17%
BK	B	-0.17%
JCI	B	-0.17%
HLT	B	-0.17%
LNG	C	-0.16%
IPG	C	-0.16%
LHX	C	-0.16%
HES	F	-0.15%
EXC	C	-0.15%
CMI	C	-0.15%
EW	F	-0.15%
F	F	-0.15%
DD	B	-0.14%
PEG	B	-0.14%
A	C	-0.14%
HWM	B	-0.14%
OTIS	C	-0.13%
KR	C	-0.13%
IR	C	-0.12%
XEL	B	-0.12%
ED	C	-0.12%
KHC	C	-0.12%
RCL	B	-0.12%
AVB	B	-0.11%
ROK	D	-0.11%
EBAY	B	-0.11%
VST	C	-0.11%
EIX	C	-0.11%
ADM	D	-0.11%
XYL	C	-0.11%
HSY	C	-0.1%
PPG	D	-0.1%
BIIB	F	-0.1%
PCG	C	-0.09%
TROW	D	-0.09%
IFF	B	-0.09%
DAL	C	-0.09%
SYF	C	-0.08%
APTV	D	-0.08%
SBAC	C	-0.08%
PPL	C	-0.08%
FE	C	-0.08%
NDAQ	A	-0.08%
DTE	C	-0.08%
ES	C	-0.08%
NRG	C	-0.07%
LII	B	-0.07%
TSN	C	-0.07%
CLX	C	-0.07%
BAH	C	-0.07%
K	B	-0.07%
ILMN	C	-0.07%
HBAN	B	-0.07%
SWK	B	-0.06%
LUV	C	-0.06%
DGX	B	-0.06%
HUBB	B	-0.06%
TXT	D	-0.06%
SJM	C	-0.05%
AMH	C	-0.05%
NI	B	-0.05%
OC	D	-0.05%
ACM	B	-0.05%
UAL	C	-0.05%
LNT	B	-0.05%
AES	C	-0.05%
LECO	F	-0.04%
TFX	C	-0.04%
EMN	B	-0.04%
USFD	B	-0.04%
WBA	F	-0.03%
PFG	B	-0.03%
MOS	F	-0.03%
HRL	C	-0.03%
TAP	D	-0.03%