NACP vs. CGGE ETF Comparison

Comparison of Impact Shares NAACP Minority Empowerment ETF (NACP) to Capital Group Global Equity ETF (CGGE)

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

CGGE

Capital Group Global Equity ETF

CGGE Description

The fund invests primarily in common stocks of issuers around the world that the investment adviser believes have the potential for growth, many of which have the potential to pay dividends. Under normal market conditions, the fund will invest at least 80% of its net assets in equity-type securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.01

Average Daily Volume

25,204

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NACP	CGGE
30 Days	2.08%	-0.50%
60 Days	4.48%	-0.99%
90 Days	6.57%	-0.56%
12 Months	32.92%

33 Overlapping Holdings

Symbol	Grade	Weight in NACP	Weight in CGGE	Overlap
AAPL	C	5.03%	2.28%	2.28%
ABBV	D	1.22%	0.88%	0.88%
ABBV	D	1.22%	1.1%	1.1%
ABT	B	0.69%	1.3%	0.69%
ACN	C	3.58%	0.72%	0.72%
AES	F	0.05%	0.48%	0.05%
AME	A	0.13%	0.84%	0.13%
AMZN	C	4.47%	0.61%	0.61%
AON	A	0.24%	0.7%	0.24%
BMY	B	0.35%	0.55%	0.35%
CSX	B	0.24%	0.51%	0.24%
CVX	A	1.04%	0.68%	0.68%
DHR	F	0.64%	1.02%	0.64%
EA	A	0.45%	0.65%	0.45%
EIX	B	0.11%	0.65%	0.11%
EQIX	A	0.29%	0.54%	0.29%
FCX	D	0.25%	0.64%	0.25%
FDX	B	0.25%	1.1%	0.25%
GE	D	0.69%	1.03%	0.69%
GOOGL	C	2.41%	2.16%	2.16%
HLT	A	0.17%	1.52%	0.17%
HON	B	0.46%	0.44%	0.44%
IR	B	0.12%	0.91%	0.12%
JPM	A	2.39%	1.4%	1.4%
MA	C	1.4%	0.85%	0.85%
MELI	D	0.38%	0.8%	0.38%
META	D	3.63%	0.8%	0.8%
MSFT	F	4.63%	2.48%	2.48%
NOC	D	0.29%	1.08%	0.29%
RCL	A	0.12%	0.94%	0.12%
SPGI	C	0.55%	0.82%	0.55%
UNH	C	1.95%	1.43%	1.43%
V	A	1.53%	1.29%	1.29%

NACP Overweight 165 Positions Relative to CGGE

Symbol	Grade	Weight
NVDA	C	4.9%
QCOM	F	3.18%
IBM	C	3.08%
UBER	D	2.29%
VZ	C	2.26%
TSLA	B	2.22%
GOOG	C	2.16%
XOM	B	2.0%
PANW	C	1.81%
MU	D	1.75%
INTC	D	1.52%
JNJ	D	1.44%
MRK	F	1.03%
KO	D	0.99%
BAC	A	0.99%
PEP	F	0.92%
TMO	F	0.83%
WMT	A	0.73%
NEE	D	0.66%
HPQ	B	0.62%
PFE	D	0.62%
AXP	A	0.56%
UNP	C	0.56%
DELL	C	0.54%
LOW	D	0.51%
COP	C	0.49%
ELV	F	0.47%
MS	A	0.47%
C	A	0.45%
T	A	0.45%
ETN	A	0.44%
MDT	D	0.42%
PLD	D	0.42%
BSX	B	0.41%
ADP	B	0.4%
BA	F	0.38%
CI	F	0.37%
DE	A	0.36%
MDLZ	F	0.36%
NKE	D	0.36%
UPS	C	0.35%
GILD	C	0.35%
SO	D	0.35%
SCHW	B	0.33%
DUK	C	0.32%
TT	A	0.29%
PNC	B	0.27%
CVS	D	0.27%
PYPL	B	0.27%
ITW	B	0.27%
MMM	D	0.26%
MCO	B	0.26%
MPC	D	0.23%
BDX	F	0.23%
PSX	C	0.22%
TFC	A	0.22%
NEM	D	0.22%
EMR	A	0.22%
ECL	D	0.21%
NSC	B	0.2%
WMB	A	0.19%
AEP	D	0.19%
MAR	B	0.19%
OKE	A	0.18%
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	A	0.17%
BK	A	0.17%
VLO	C	0.17%
JCI	C	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%
EW	C	0.15%
F	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%
VRSK	A	0.13%
VMC	B	0.12%
MLM	B	0.12%
XEL	A	0.12%
ED	D	0.12%
KHC	F	0.12%
AVB	B	0.11%
ROK	B	0.11%
EBAY	D	0.11%
VST	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%
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%

NACP Underweight 28 Positions Relative to CGGE

Symbol	Grade	Weight
AVGO	D	-2.9%
PM	B	-1.45%
TSM	B	-1.4%
GEV	B	-1.12%
HEI	B	-1.0%
REGN	F	-0.98%
MMC	B	-0.93%
CMCSA	B	-0.89%
KLAC	D	-0.85%
AWI	A	-0.7%
CHTR	C	-0.65%
ADI	D	-0.64%
WFC	A	-0.59%
NOW	A	-0.56%
CNP	B	-0.56%
LIN	D	-0.53%
CEG	D	-0.53%
AJG	B	-0.52%
KDP	D	-0.51%
BGNE	D	-0.51%
CME	A	-0.5%
SAIA	B	-0.5%
COST	B	-0.49%
TSCO	D	-0.48%
RTX	C	-0.48%
STZ	D	-0.47%
GIS	D	-0.44%
GLOB	B	-0.36%