LVHD vs. NACP ETF Comparison

Comparison of Legg Mason Low Volatility High Dividend ETF (LVHD) to Impact Shares NAACP Minority Empowerment ETF (NACP)

LVHD

Legg Mason Low Volatility High Dividend ETF

LVHD Description

The investment seeks to track the investment results of the QS Low Volatility High Dividend Index (the "underlying index"). The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose the underlying index. The underlying index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility.

Grade (RS Rating)

Last Trade

$40.19

Average Daily Volume

47,163

Number of Holdings ^*

114

* 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

$42.99

Average Daily Volume

3,331

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	LVHD	NACP
30 Days	-0.22%	3.28%
60 Days	0.19%	9.81%
90 Days	5.46%	12.53%
12 Months	22.98%	40.06%

27 Overlapping Holdings

Symbol	Grade	Weight in LVHD	Weight in NACP	Overlap
AEP	D	2.14%	0.19%	0.19%
CVX	B	2.21%	1.04%	1.04%
DOC	B	0.28%	0.06%	0.06%
DTE	D	1.07%	0.08%	0.08%
DUK	D	2.42%	0.32%	0.32%
ED	D	1.38%	0.12%	0.12%
ETR	B	1.51%	0.08%	0.08%
EXC	D	1.9%	0.15%	0.15%
FE	D	0.91%	0.08%	0.08%
HSY	F	2.14%	0.1%	0.1%
IBM	D	2.43%	3.08%	2.43%
IPG	F	0.91%	0.16%	0.16%
JNJ	D	2.41%	1.44%	1.44%
K	A	1.77%	0.07%	0.07%
KHC	F	1.92%	0.12%	0.12%
KO	D	2.44%	0.99%	0.99%
LNT	D	0.72%	0.05%	0.05%
MDLZ	F	2.43%	0.36%	0.36%
NI	A	1.02%	0.05%	0.05%
OKE	A	1.96%	0.18%	0.18%
PEP	F	2.29%	0.92%	0.92%
PNC	A	1.86%	0.27%	0.27%
REG	B	0.65%	0.04%	0.04%
SO	D	2.5%	0.35%	0.35%
VZ	D	2.29%	2.26%	2.26%
WEC	B	1.47%	0.1%	0.1%
XEL	B	1.92%	0.12%	0.12%

LVHD Overweight 87 Positions Relative to NACP

Symbol	Grade	Weight
CSCO	A	2.75%
MCD	D	2.67%
LMT	D	2.6%
HD	B	2.6%
USB	B	2.52%
MO	B	2.37%
KDP	F	2.32%
KMB	D	2.03%
PAYX	A	2.01%
GIS	F	2.0%
SYY	C	1.74%
DRI	B	1.59%
VICI	D	1.55%
LYB	F	1.17%
OMC	B	1.14%
FANG	D	1.11%
AEE	A	1.08%
PKG	B	1.05%
EVRG	B	0.89%
MAA	C	0.86%
KIM	A	0.83%
ESS	C	0.81%
EQR	D	0.81%
PNW	B	0.68%
WPC	D	0.58%
FNF	C	0.58%
GLPI	D	0.51%
CUBE	D	0.5%
ADC	B	0.49%
BRX	A	0.49%
OGE	A	0.44%
DTM	A	0.39%
NNN	D	0.36%
POR	D	0.33%
STAG	D	0.33%
ONB	B	0.32%
EPRT	C	0.31%
VLY	B	0.28%
MSM	C	0.27%
SON	F	0.27%
NSA	D	0.26%
IDA	A	0.25%
APLE	B	0.24%
EPR	D	0.24%
FNB	B	0.23%
HIW	B	0.23%
OGS	C	0.22%
ALE	A	0.21%
BKH	C	0.21%
CTRE	C	0.19%
SR	D	0.18%
NJR	C	0.17%
BNL	D	0.16%
FIBK	B	0.16%
UBSI	B	0.15%
BOH	B	0.15%
FULT	B	0.15%
AVA	D	0.14%
FHB	B	0.13%
LXP	D	0.13%
NWE	D	0.12%
AUB	B	0.12%
ROIC	A	0.12%
CBU	B	0.12%
NTST	F	0.11%
CVBF	B	0.11%
FCPT	D	0.1%
PFS	B	0.09%
UVV	C	0.09%
CNA	D	0.09%
NHI	C	0.09%
NWN	B	0.08%
LTC	B	0.08%
DEA	D	0.08%
AAT	B	0.07%
NWBI	B	0.07%
GTY	B	0.07%
FRME	B	0.07%
UNIT	B	0.07%
PFBC	B	0.06%
LADR	C	0.06%
FCF	B	0.06%
TOWN	C	0.06%
NBTB	B	0.06%
HOPE	B	0.06%
FFBC	B	0.06%
WABC	B	0.05%

LVHD Underweight 170 Positions Relative to NACP

Symbol	Grade	Weight
AAPL	B	-5.03%
NVDA	B	-4.9%
MSFT	C	-4.63%
AMZN	B	-4.47%
META	B	-3.63%
ACN	C	-3.58%
QCOM	C	-3.18%
GOOGL	B	-2.41%
JPM	B	-2.39%
UBER	F	-2.29%
TSLA	B	-2.22%
GOOG	B	-2.16%
XOM	B	-2.0%
UNH	B	-1.95%
PANW	A	-1.81%
MU	C	-1.75%
V	B	-1.53%
INTC	C	-1.52%
MA	A	-1.4%
ABBV	B	-1.22%
MRK	F	-1.03%
BAC	B	-0.99%
TMO	F	-0.83%
WMT	A	-0.73%
ABT	B	-0.69%
GE	C	-0.69%
NEE	D	-0.66%
DHR	F	-0.64%
HPQ	B	-0.62%
PFE	F	-0.62%
AXP	B	-0.56%
UNP	D	-0.56%
SPGI	D	-0.55%
DELL	C	-0.54%
LOW	B	-0.51%
COP	C	-0.49%
ELV	F	-0.47%
MS	B	-0.47%
HON	B	-0.46%
C	B	-0.45%
EA	B	-0.45%
T	B	-0.45%
ETN	A	-0.44%
MDT	C	-0.42%
PLD	F	-0.42%
BSX	A	-0.41%
ADP	A	-0.4%
BA	F	-0.38%
MELI	D	-0.38%
CI	F	-0.37%
DE	C	-0.36%
NKE	F	-0.36%
BMY	C	-0.35%
UPS	D	-0.35%
GILD	B	-0.35%
SCHW	B	-0.33%
EQIX	B	-0.29%
TT	A	-0.29%
NOC	C	-0.29%
CVS	F	-0.27%
PYPL	A	-0.27%
ITW	B	-0.27%
MMM	C	-0.26%
MCO	C	-0.26%
FDX	B	-0.25%
FCX	C	-0.25%
AON	B	-0.24%
CSX	B	-0.24%
MPC	F	-0.23%
BDX	F	-0.23%
PSX	F	-0.22%
TFC	B	-0.22%
NEM	D	-0.22%
EMR	B	-0.22%
ECL	D	-0.21%
NSC	B	-0.2%
WMB	B	-0.19%
MAR	A	-0.19%
SRE	A	-0.18%
TRV	B	-0.18%
CCI	D	-0.18%
D	C	-0.18%
GM	B	-0.18%
URI	B	-0.18%
MET	C	-0.17%
BK	B	-0.17%
VLO	D	-0.17%
JCI	A	-0.17%
HLT	A	-0.17%
LNG	A	-0.16%
LHX	A	-0.16%
KMI	A	-0.15%
HES	C	-0.15%
CMI	B	-0.15%
EW	F	-0.15%
F	D	-0.15%
DD	D	-0.14%
PEG	D	-0.14%
A	D	-0.14%
HWM	B	-0.14%
OTIS	B	-0.13%
KR	A	-0.13%
AME	A	-0.13%
VRSK	A	-0.13%
VMC	B	-0.12%
IR	B	-0.12%
MLM	B	-0.12%
RCL	B	-0.12%
AVB	A	-0.11%
ROK	B	-0.11%
EBAY	D	-0.11%
VST	B	-0.11%
EIX	D	-0.11%
ADM	F	-0.11%
RMD	B	-0.11%
XYL	F	-0.11%
DVN	F	-0.1%
PPG	F	-0.1%
BIIB	F	-0.1%
PCG	B	-0.09%
TROW	B	-0.09%
IFF	F	-0.09%
DAL	B	-0.09%
SYF	B	-0.08%
APTV	F	-0.08%
SBAC	D	-0.08%
PPL	B	-0.08%
NDAQ	B	-0.08%
ES	D	-0.08%
NRG	B	-0.07%
LII	A	-0.07%
EXPD	D	-0.07%
CMS	D	-0.07%
TSN	D	-0.07%
CLX	B	-0.07%
BAH	B	-0.07%
BAX	F	-0.07%
LH	A	-0.07%
ILMN	B	-0.07%
HBAN	B	-0.07%
RF	B	-0.07%
SWK	F	-0.06%
LUV	B	-0.06%
DGX	B	-0.06%
HUBB	B	-0.06%
TXT	D	-0.06%
SJM	D	-0.05%
AMH	D	-0.05%
OC	B	-0.05%
ACM	B	-0.05%
NDSN	C	-0.05%
UAL	A	-0.05%
AES	F	-0.05%
JBHT	B	-0.05%
BG	F	-0.05%
CF	B	-0.05%
CPB	D	-0.04%
LECO	C	-0.04%
TFX	F	-0.04%
ALB	C	-0.04%
EMN	D	-0.04%
USFD	B	-0.04%
WBA	F	-0.03%
BWA	D	-0.03%
SCCO	D	-0.03%
PFG	C	-0.03%
MOS	C	-0.03%
HRL	F	-0.03%
CNH	D	-0.03%
TAP	B	-0.03%