JEPI vs. NACP ETF Comparison

Comparison of JPMorgan Equity Premium Income ETF (JEPI) to Impact Shares NAACP Minority Empowerment ETF (NACP)

JEPI

JPMorgan Equity Premium Income ETF

JEPI Description

The investment seeks current income while maintaining prospects for capital appreciation. The fund seeks to provide the majority of the returns associated with its primary benchmark, the Standard & Poor's 500 Total Return Index (S&P 500 Index), while exposing investors to less risk through lower volatility and still offering incremental income. Under normal circumstances, the fund invests at least 80% of its assets in equity securities. It may also invest in other equity securities not included in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$59.21

Average Daily Volume

2,982,348

Number of Holdings ^*

116

* 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	JEPI	NACP
30 Days	3.07%	2.07%
60 Days	5.01%	3.38%
90 Days	5.14%	3.52%
12 Months	9.87%	30.45%

60 Overlapping Holdings

Symbol	Grade	Weight in JEPI	Weight in NACP	Overlap
AAPL	C	0.66%	5.03%	0.66%
ABBV	C	1.59%	1.22%	1.22%
ABT	C	0.65%	0.69%	0.65%
ACN	C	0.93%	3.58%	0.93%
AME	C	0.15%	0.13%	0.13%
AMZN	C	1.48%	4.47%	1.48%
AON	B	0.16%	0.24%	0.16%
AXP	B	0.49%	0.56%	0.49%
BMY	C	0.79%	0.35%	0.35%
BSX	B	0.55%	0.41%	0.41%
CMS	C	0.62%	0.07%	0.07%
COP	D	0.75%	0.49%	0.49%
CSX	D	0.8%	0.24%	0.24%
D	C	0.19%	0.18%	0.18%
DE	B	0.62%	0.36%	0.36%
DHR	B	0.43%	0.64%	0.43%
DTE	C	0.11%	0.08%	0.08%
ELV	C	0.47%	0.47%	0.47%
EMR	D	0.34%	0.22%	0.22%
EQIX	C	0.89%	0.29%	0.29%
ETN	C	0.96%	0.44%	0.44%
ETR	B	0.08%	0.08%	0.08%
FDX	C	0.37%	0.25%	0.25%
GOOGL	D	1.19%	2.41%	1.19%
HON	D	1.27%	0.46%	0.46%
HWM	B	0.19%	0.14%	0.14%
IR	C	0.33%	0.12%	0.12%
JNJ	C	0.27%	1.44%	0.27%
KO	C	1.28%	0.99%	0.99%
LOW	B	1.37%	0.51%	0.51%
MA	B	1.53%	1.4%	1.4%
MDLZ	B	1.37%	0.36%	0.36%
MDT	C	0.53%	0.42%	0.42%
MET	B	0.29%	0.17%	0.17%
META	B	1.53%	3.63%	1.53%
MRK	D	0.65%	1.03%	0.65%
MSFT	C	1.45%	4.63%	1.45%
MU	F	0.28%	1.75%	0.28%
NEE	C	1.08%	0.66%	0.66%
NOC	B	0.15%	0.29%	0.15%
NVDA	D	1.29%	4.9%	1.29%
OTIS	C	0.88%	0.13%	0.13%
PCG	C	0.4%	0.09%	0.09%
PEG	B	0.93%	0.14%	0.14%
PEP	C	1.33%	0.92%	0.92%
PLD	C	0.66%	0.42%	0.42%
PPG	D	0.19%	0.1%	0.1%
SBAC	C	0.81%	0.08%	0.08%
SO	B	1.59%	0.35%	0.35%
TMO	B	1.31%	0.83%	0.83%
TRV	C	1.17%	0.18%	0.18%
TT	B	1.62%	0.29%	0.29%
TXT	D	0.44%	0.06%	0.06%
UNH	C	1.38%	1.95%	1.38%
UNP	C	0.23%	0.56%	0.23%
UPS	D	0.85%	0.35%	0.35%
URI	B	0.33%	0.18%	0.18%
V	C	1.4%	1.53%	1.4%
WMT	C	0.63%	0.73%	0.63%
XOM	C	1.14%	2.0%	1.14%

JEPI Overweight 56 Positions Relative to NACP

Symbol	Grade	Weight
PGR	B	1.7%
NOW	B	1.44%
INTU	C	1.41%
REGN	C	1.37%
PG	C	1.35%
SYK	C	1.27%
ADI	C	1.24%
VRTX	D	1.24%
CMCSA	D	1.22%
YUM	D	1.19%
NXPI	F	1.17%
TXN	C	1.15%
COST	B	1.11%
CME	C	1.09%
LIN	B	1.07%
LLY	C	1.01%
ROST	C	0.95%
MNST	D	0.94%
EOG	D	0.89%
AZO	D	0.88%
CTSH	C	0.85%
CMG	C	0.84%
CRM	D	0.73%
BRK.A	C	0.71%
CPAY	B	0.71%
CHD	D	0.66%
RTX	C	0.6%
BKNG	C	0.59%
CB	B	0.47%
AMP	A	0.44%
CDNS	D	0.4%
STX	C	0.39%
MCD	B	0.39%
JKHY	B	0.39%
DOW	D	0.38%
CARR	B	0.36%
ASML	F	0.36%
USB	B	0.34%
TJX	B	0.32%
AMT	C	0.32%
PM	C	0.3%
MSI	B	0.29%
LDOS	B	0.28%
KEYS	C	0.27%
DOV	B	0.26%
LYB	D	0.25%
BURL	B	0.24%
KVUE	C	0.22%
GWW	B	0.19%
MO	C	0.17%
WELL	C	0.16%
TDG	B	0.15%
MRVL	C	0.12%
AFL	C	0.09%
CTAS	B	0.08%
SNPS	D	0.07%

JEPI Underweight 136 Positions Relative to NACP

Symbol	Grade	Weight
QCOM	D	-3.18%
IBM	B	-3.08%
JPM	D	-2.39%
UBER	C	-2.29%
VZ	B	-2.26%
TSLA	C	-2.22%
GOOG	D	-2.16%
PANW	D	-1.81%
INTC	F	-1.52%
CVX	D	-1.04%
BAC	D	-0.99%
GE	B	-0.69%
HPQ	D	-0.62%
PFE	C	-0.62%
SPGI	B	-0.55%
DELL	D	-0.54%
MS	D	-0.47%
C	C	-0.45%
EA	D	-0.45%
T	C	-0.45%
ADP	B	-0.4%
BA	F	-0.38%
MELI	B	-0.38%
CI	C	-0.37%
NKE	D	-0.36%
GILD	B	-0.35%
SCHW	D	-0.33%
DUK	C	-0.32%
PNC	B	-0.27%
CVS	D	-0.27%
PYPL	B	-0.27%
ITW	C	-0.27%
MMM	B	-0.26%
MCO	B	-0.26%
FCX	D	-0.25%
MPC	F	-0.23%
BDX	D	-0.23%
PSX	F	-0.22%
TFC	C	-0.22%
NEM	B	-0.22%
ECL	B	-0.21%
NSC	C	-0.2%
WMB	B	-0.19%
AEP	C	-0.19%
MAR	C	-0.19%
OKE	B	-0.18%
SRE	C	-0.18%
CCI	C	-0.18%
GM	C	-0.18%
BK	B	-0.17%
VLO	F	-0.17%
JCI	B	-0.17%
HLT	B	-0.17%
LNG	C	-0.16%
IPG	C	-0.16%
LHX	C	-0.16%
KMI	B	-0.15%
HES	F	-0.15%
EXC	C	-0.15%
CMI	C	-0.15%
EW	F	-0.15%
F	F	-0.15%
DD	B	-0.14%
A	C	-0.14%
KR	C	-0.13%
VRSK	D	-0.13%
VMC	D	-0.12%
MLM	D	-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%
RMD	C	-0.11%
XYL	C	-0.11%
HSY	C	-0.1%
DVN	F	-0.1%
WEC	C	-0.1%
BIIB	F	-0.1%
TROW	D	-0.09%
IFF	B	-0.09%
DAL	C	-0.09%
SYF	C	-0.08%
APTV	D	-0.08%
PPL	C	-0.08%
FE	C	-0.08%
NDAQ	A	-0.08%
ES	C	-0.08%
NRG	C	-0.07%
LII	B	-0.07%
EXPD	C	-0.07%
TSN	C	-0.07%
CLX	C	-0.07%
BAH	C	-0.07%
BAX	C	-0.07%
K	B	-0.07%
ILMN	C	-0.07%
HBAN	B	-0.07%
RF	B	-0.07%
SWK	B	-0.06%
LUV	C	-0.06%
DOC	C	-0.06%
DGX	B	-0.06%
HUBB	B	-0.06%
SJM	C	-0.05%
AMH	C	-0.05%
NI	B	-0.05%
OC	D	-0.05%
ACM	B	-0.05%
NDSN	C	-0.05%
UAL	C	-0.05%
LNT	B	-0.05%
AES	C	-0.05%
JBHT	D	-0.05%
BG	D	-0.05%
CF	C	-0.05%
CPB	C	-0.04%
REG	C	-0.04%
LECO	F	-0.04%
TFX	C	-0.04%
ALB	D	-0.04%
EMN	B	-0.04%
USFD	B	-0.04%
WBA	F	-0.03%
BWA	D	-0.03%
SCCO	D	-0.03%
PFG	B	-0.03%
MOS	F	-0.03%
HRL	C	-0.03%
CNH	D	-0.03%
TAP	D	-0.03%