CDL vs. NACP ETF Comparison

Comparison of Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF (CDL) to Impact Shares NAACP Minority Empowerment ETF (NACP)

CDL

Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF

CDL Description

The investment seeks to provide investment results that match the performance of the CEMP US Large Cap High Dividend 100 Volatility Weighted Index. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 100 highest dividend yielding stocks of the CEMP US Large Cap 500 Volatility Weighted Index, which consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Normally the fund invests at least 80% of its assets in the stocks of U.S. issuers included in the index.

Grade (RS Rating)

Last Trade

$69.95

Average Daily Volume

10,960

Number of Holdings ^*

100

* 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

$42.72

Average Daily Volume

3,518

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	CDL	NACP
30 Days	2.82%	2.08%
60 Days	4.10%	4.48%
90 Days	6.89%	6.57%
12 Months	30.92%	32.92%

58 Overlapping Holdings

Symbol	Grade	Weight in CDL	Weight in NACP	Overlap
ABBV	D	0.95%	1.22%	0.95%
ADM	D	0.5%	0.11%	0.11%
AEP	D	1.05%	0.19%	0.19%
AES	F	0.49%	0.05%	0.05%
BG	F	0.77%	0.05%	0.05%
C	A	0.95%	0.45%	0.45%
CLX	B	1.04%	0.07%	0.07%
CMS	C	1.24%	0.07%	0.07%
CPB	D	0.92%	0.04%	0.04%
CVS	D	0.65%	0.27%	0.27%
CVX	A	1.25%	1.04%	1.04%
D	C	0.92%	0.18%	0.18%
DTE	C	1.08%	0.08%	0.08%
DUK	C	1.33%	0.32%	0.32%
DVN	F	0.81%	0.1%	0.1%
ED	D	1.18%	0.12%	0.12%
EIX	B	1.09%	0.11%	0.11%
EMN	D	0.96%	0.04%	0.04%
ETR	B	1.44%	0.08%	0.08%
EXC	C	0.98%	0.15%	0.15%
F	C	0.55%	0.15%	0.15%
FE	C	1.21%	0.08%	0.08%
GILD	C	0.99%	0.35%	0.35%
HBAN	A	0.95%	0.07%	0.07%
HPQ	B	0.69%	0.62%	0.62%
HRL	D	0.72%	0.03%	0.03%
HSY	F	0.94%	0.1%	0.1%
IBM	C	0.97%	3.08%	0.97%
IPG	D	0.93%	0.16%	0.16%
JNJ	D	1.24%	1.44%	1.24%
KHC	F	0.95%	0.12%	0.12%
KMI	A	1.63%	0.15%	0.15%
LNT	A	1.22%	0.05%	0.05%
MDT	D	1.15%	0.42%	0.42%
MET	A	1.19%	0.17%	0.17%
MMM	D	0.57%	0.26%	0.26%
MS	A	1.18%	0.47%	0.47%
NI	A	1.42%	0.05%	0.05%
OKE	A	1.39%	0.18%	0.18%
PEP	F	1.22%	0.92%	0.92%
PFG	D	1.19%	0.03%	0.03%
PNC	B	0.99%	0.27%	0.27%
PPL	B	1.39%	0.08%	0.08%
PSX	C	0.81%	0.22%	0.22%
RF	A	0.9%	0.07%	0.07%
SJM	D	0.93%	0.05%	0.05%
SO	D	1.25%	0.35%	0.35%
SRE	A	1.33%	0.18%	0.18%
T	A	1.23%	0.45%	0.45%
TAP	C	1.09%	0.03%	0.03%
TROW	B	1.04%	0.09%	0.09%
UPS	C	0.79%	0.35%	0.35%
VLO	C	0.72%	0.17%	0.17%
VZ	C	1.01%	2.26%	1.01%
WEC	A	1.16%	0.1%	0.1%
WMB	A	1.46%	0.19%	0.19%
XEL	A	1.04%	0.12%	0.12%
XOM	B	1.18%	2.0%	1.18%

CDL Overweight 42 Positions Relative to NACP

Symbol	Grade	Weight
PM	B	1.37%
CSCO	B	1.34%
EVRG	A	1.29%
CME	A	1.28%
PAYX	C	1.26%
MO	A	1.21%
AEE	A	1.15%
CNP	B	1.12%
CMCSA	B	1.11%
STT	A	1.1%
DRI	B	1.09%
OMC	C	1.09%
NTRS	A	1.08%
EOG	A	1.06%
KMB	D	1.04%
MTB	A	1.01%
CTRA	B	1.01%
PRU	A	1.0%
LYB	F	0.98%
GIS	D	0.97%
DOW	F	0.94%
FNF	B	0.92%
OWL	A	0.91%
CAG	D	0.89%
USB	A	0.89%
FITB	A	0.89%
GLW	B	0.87%
IP	B	0.84%
KVUE	A	0.83%
OVV	B	0.82%
FANG	D	0.81%
GPC	D	0.8%
CFG	B	0.77%
CRBG	B	0.77%
AMGN	D	0.74%
KEY	B	0.73%
TGT	F	0.68%
STX	D	0.67%
BBY	D	0.56%
ALLY	C	0.56%
DG	F	0.4%
EL	F	0.39%

CDL Underweight 139 Positions Relative to NACP

Symbol	Grade	Weight
AAPL	C	-5.03%
NVDA	C	-4.9%
MSFT	F	-4.63%
AMZN	C	-4.47%
META	D	-3.63%
ACN	C	-3.58%
QCOM	F	-3.18%
GOOGL	C	-2.41%
JPM	A	-2.39%
UBER	D	-2.29%
TSLA	B	-2.22%
GOOG	C	-2.16%
UNH	C	-1.95%
PANW	C	-1.81%
MU	D	-1.75%
V	A	-1.53%
INTC	D	-1.52%
MA	C	-1.4%
MRK	F	-1.03%
KO	D	-0.99%
BAC	A	-0.99%
TMO	F	-0.83%
WMT	A	-0.73%
ABT	B	-0.69%
GE	D	-0.69%
NEE	D	-0.66%
DHR	F	-0.64%
PFE	D	-0.62%
AXP	A	-0.56%
UNP	C	-0.56%
SPGI	C	-0.55%
DELL	C	-0.54%
LOW	D	-0.51%
COP	C	-0.49%
ELV	F	-0.47%
HON	B	-0.46%
EA	A	-0.45%
ETN	A	-0.44%
PLD	D	-0.42%
BSX	B	-0.41%
ADP	B	-0.4%
BA	F	-0.38%
MELI	D	-0.38%
CI	F	-0.37%
DE	A	-0.36%
MDLZ	F	-0.36%
NKE	D	-0.36%
BMY	B	-0.35%
SCHW	B	-0.33%
EQIX	A	-0.29%
TT	A	-0.29%
NOC	D	-0.29%
PYPL	B	-0.27%
ITW	B	-0.27%
MCO	B	-0.26%
FDX	B	-0.25%
FCX	D	-0.25%
AON	A	-0.24%
CSX	B	-0.24%
MPC	D	-0.23%
BDX	F	-0.23%
TFC	A	-0.22%
NEM	D	-0.22%
EMR	A	-0.22%
ECL	D	-0.21%
NSC	B	-0.2%
MAR	B	-0.19%
TRV	B	-0.18%
CCI	D	-0.18%
GM	B	-0.18%
URI	B	-0.18%
BK	A	-0.17%
JCI	C	-0.17%
HLT	A	-0.17%
LNG	B	-0.16%
LHX	C	-0.16%
HES	B	-0.15%
CMI	A	-0.15%
EW	C	-0.15%
DD	D	-0.14%
PEG	A	-0.14%
A	D	-0.14%
HWM	A	-0.14%
OTIS	C	-0.13%
KR	B	-0.13%
AME	A	-0.13%
VRSK	A	-0.13%
VMC	B	-0.12%
IR	B	-0.12%
MLM	B	-0.12%
RCL	A	-0.12%
AVB	B	-0.11%
ROK	B	-0.11%
EBAY	D	-0.11%
VST	B	-0.11%
RMD	C	-0.11%
XYL	D	-0.11%
PPG	F	-0.1%
BIIB	F	-0.1%
PCG	A	-0.09%
IFF	D	-0.09%
DAL	C	-0.09%
SYF	B	-0.08%
APTV	D	-0.08%
SBAC	D	-0.08%
NDAQ	A	-0.08%
ES	D	-0.08%
NRG	B	-0.07%
LII	A	-0.07%
EXPD	D	-0.07%
TSN	B	-0.07%
BAH	F	-0.07%
BAX	D	-0.07%
LH	C	-0.07%
K	A	-0.07%
ILMN	D	-0.07%
SWK	D	-0.06%
LUV	C	-0.06%
DOC	D	-0.06%
DGX	A	-0.06%
HUBB	B	-0.06%
TXT	D	-0.06%
AMH	D	-0.05%
OC	A	-0.05%
ACM	A	-0.05%
NDSN	B	-0.05%
UAL	A	-0.05%
JBHT	C	-0.05%
CF	B	-0.05%
REG	B	-0.04%
LECO	B	-0.04%
TFX	F	-0.04%
ALB	C	-0.04%
USFD	A	-0.04%
WBA	F	-0.03%
BWA	D	-0.03%
SCCO	F	-0.03%
MOS	F	-0.03%
CNH	C	-0.03%