IWX vs. NACP ETF Comparison

Comparison of iShares Russell Top 200 Value ETF (IWX) to Impact Shares NAACP Minority Empowerment ETF (NACP)

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.27

Average Daily Volume

315,888

Number of Holdings ^*

158

* 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	IWX	NACP
30 Days	2.62%	2.08%
60 Days	4.46%	4.48%
90 Days	6.64%	6.57%
12 Months	28.30%	32.92%

81 Overlapping Holdings

Symbol	Grade	Weight in IWX	Weight in NACP	Overlap
ABBV	D	1.0%	1.22%	1.0%
ABT	B	1.21%	0.69%	0.69%
ACN	C	1.34%	3.58%	1.34%
ADP	B	0.05%	0.4%	0.05%
AEP	D	0.31%	0.19%	0.19%
AON	A	0.45%	0.24%	0.24%
AXP	A	0.61%	0.56%	0.56%
BA	F	0.49%	0.38%	0.38%
BAC	A	1.91%	0.99%	0.99%
BDX	F	0.39%	0.23%	0.23%
BMY	B	0.69%	0.35%	0.35%
BSX	B	0.77%	0.41%	0.41%
C	A	0.79%	0.45%	0.45%
CI	F	0.49%	0.37%	0.37%
COP	C	0.79%	0.49%	0.49%
CSX	B	0.41%	0.24%	0.24%
CVS	D	0.4%	0.27%	0.27%
CVX	A	1.68%	1.04%	1.04%
D	C	0.29%	0.18%	0.18%
DE	A	0.61%	0.36%	0.36%
DELL	C	0.18%	0.54%	0.18%
DHR	F	0.9%	0.64%	0.64%
DUK	C	0.52%	0.32%	0.32%
ECL	D	0.05%	0.21%	0.05%
ELV	F	0.47%	0.47%	0.47%
EMR	A	0.44%	0.22%	0.22%
EQIX	A	0.49%	0.29%	0.29%
ETN	A	0.86%	0.44%	0.44%
EW	C	0.2%	0.15%	0.15%
F	C	0.26%	0.15%	0.15%
FCX	D	0.37%	0.25%	0.25%
FDX	B	0.4%	0.25%	0.25%
GE	D	0.91%	0.69%	0.69%
GILD	C	0.66%	0.35%	0.35%
GM	B	0.38%	0.18%	0.18%
HON	B	0.76%	0.46%	0.46%
IBM	C	1.13%	3.08%	1.13%
INTC	D	0.62%	1.52%	0.62%
ITW	B	0.3%	0.27%	0.27%
JCI	C	0.34%	0.17%	0.17%
JNJ	D	2.24%	1.44%	1.44%
JPM	A	4.24%	2.39%	2.39%
KHC	F	0.17%	0.12%	0.12%
KO	D	0.62%	0.99%	0.62%
LOW	D	0.93%	0.51%	0.51%
MAR	B	0.38%	0.19%	0.19%
MDLZ	F	0.52%	0.36%	0.36%
MDT	D	0.68%	0.42%	0.42%
MET	A	0.3%	0.17%	0.17%
MMM	D	0.35%	0.26%	0.26%
MPC	D	0.33%	0.23%	0.23%
MS	A	0.88%	0.47%	0.47%
MU	D	0.64%	1.75%	0.64%
NEE	D	0.95%	0.66%	0.66%
NEM	D	0.28%	0.22%	0.22%
NKE	D	0.21%	0.36%	0.21%
NOC	D	0.41%	0.29%	0.29%
NSC	B	0.36%	0.2%	0.2%
PEP	F	0.28%	0.92%	0.28%
PFE	D	0.85%	0.62%	0.62%
PLD	D	0.63%	0.42%	0.42%
PNC	B	0.5%	0.27%	0.27%
PSX	C	0.33%	0.22%	0.22%
PYPL	B	0.53%	0.27%	0.27%
QCOM	F	0.07%	3.18%	0.07%
SCHW	B	0.65%	0.33%	0.33%
SO	D	0.58%	0.35%	0.35%
SPGI	C	0.95%	0.55%	0.55%
SRE	A	0.35%	0.18%	0.18%
T	A	0.98%	0.45%	0.45%
TFC	A	0.37%	0.22%	0.22%
TMO	F	1.18%	0.83%	0.83%
TRV	B	0.36%	0.18%	0.18%
TT	A	0.37%	0.29%	0.29%
UNH	C	3.06%	1.95%	1.95%
UNP	C	0.45%	0.56%	0.45%
UPS	C	0.59%	0.35%	0.35%
VLO	C	0.27%	0.17%	0.17%
VZ	C	1.06%	2.26%	1.06%
WMT	A	2.2%	0.73%	0.73%
XOM	B	3.23%	2.0%	2.0%

IWX Overweight 77 Positions Relative to NACP

Symbol	Grade	Weight
BRK.A	B	5.18%
PG	A	1.87%
WFC	A	1.57%
CSCO	B	1.4%
LIN	D	1.3%
DIS	B	1.27%
PM	B	1.2%
MCD	D	1.19%
CMCSA	B	0.99%
TXN	C	0.97%
CAT	B	0.97%
RTX	C	0.95%
BLK	C	0.93%
GS	A	0.83%
CB	C	0.7%
TMUS	B	0.69%
ADI	D	0.62%
SYK	C	0.6%
MO	A	0.58%
MMC	B	0.57%
PH	A	0.54%
GEV	B	0.54%
ICE	C	0.53%
FI	A	0.5%
CME	A	0.49%
HD	A	0.49%
WELL	A	0.49%
EOG	A	0.47%
USB	A	0.47%
LMT	D	0.47%
GD	F	0.47%
AMD	F	0.45%
REGN	F	0.44%
APD	A	0.43%
KKR	A	0.43%
MRVL	B	0.42%
COF	B	0.42%
TGT	F	0.42%
CRH	A	0.41%
CARR	D	0.38%
SLB	C	0.37%
CEG	D	0.36%
VRTX	F	0.36%
PCAR	B	0.35%
ROP	B	0.35%
TDG	D	0.33%
TJX	A	0.33%
AIG	B	0.3%
HCA	F	0.29%
CRM	B	0.28%
MCK	B	0.27%
PSA	D	0.27%
MSI	B	0.26%
RSG	A	0.26%
STZ	D	0.23%
CL	D	0.21%
APH	A	0.21%
KDP	D	0.21%
OXY	D	0.2%
AMGN	D	0.2%
KMB	D	0.16%
SBUX	A	0.15%
PGR	A	0.14%
APO	B	0.13%
ZTS	D	0.08%
FTNT	C	0.07%
AMAT	F	0.07%
MRNA	F	0.07%
EL	F	0.06%
BKNG	A	0.06%
SHW	A	0.05%
MNST	C	0.04%
DASH	A	0.04%
AZO	C	0.03%
ORLY	B	0.03%
CPRT	A	0.02%
CTAS	B	0.02%

IWX Underweight 116 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%
GOOGL	C	-2.41%
UBER	D	-2.29%
TSLA	B	-2.22%
GOOG	C	-2.16%
PANW	C	-1.81%
V	A	-1.53%
MA	C	-1.4%
MRK	F	-1.03%
HPQ	B	-0.62%
EA	A	-0.45%
MELI	D	-0.38%
MCO	B	-0.26%
WMB	A	-0.19%
OKE	A	-0.18%
CCI	D	-0.18%
URI	B	-0.18%
BK	A	-0.17%
HLT	A	-0.17%
LNG	B	-0.16%
IPG	D	-0.16%
LHX	C	-0.16%
KMI	A	-0.15%
HES	B	-0.15%
EXC	C	-0.15%
CMI	A	-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%
XEL	A	-0.12%
ED	D	-0.12%
RCL	A	-0.12%
AVB	B	-0.11%
ROK	B	-0.11%
EBAY	D	-0.11%
VST	B	-0.11%
EIX	B	-0.11%
ADM	D	-0.11%
RMD	C	-0.11%
XYL	D	-0.11%
HSY	F	-0.1%
DVN	F	-0.1%
WEC	A	-0.1%
PPG	F	-0.1%
BIIB	F	-0.1%
PCG	A	-0.09%
TROW	B	-0.09%
IFF	D	-0.09%
DAL	C	-0.09%
SYF	B	-0.08%
APTV	D	-0.08%
SBAC	D	-0.08%
PPL	B	-0.08%
FE	C	-0.08%
ETR	B	-0.08%
NDAQ	A	-0.08%
DTE	C	-0.08%
ES	D	-0.08%
NRG	B	-0.07%
LII	A	-0.07%
EXPD	D	-0.07%
CMS	C	-0.07%
TSN	B	-0.07%
CLX	B	-0.07%
BAH	F	-0.07%
BAX	D	-0.07%
LH	C	-0.07%
K	A	-0.07%
ILMN	D	-0.07%
HBAN	A	-0.07%
RF	A	-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%
SJM	D	-0.05%
AMH	D	-0.05%
NI	A	-0.05%
OC	A	-0.05%
ACM	A	-0.05%
NDSN	B	-0.05%
UAL	A	-0.05%
LNT	A	-0.05%
AES	F	-0.05%
JBHT	C	-0.05%
BG	F	-0.05%
CF	B	-0.05%
CPB	D	-0.04%
REG	B	-0.04%
LECO	B	-0.04%
TFX	F	-0.04%
ALB	C	-0.04%
EMN	D	-0.04%
USFD	A	-0.04%
WBA	F	-0.03%
BWA	D	-0.03%
SCCO	F	-0.03%
PFG	D	-0.03%
MOS	F	-0.03%
HRL	D	-0.03%
CNH	C	-0.03%
TAP	C	-0.03%