NACP vs. JCTR ETF Comparison

Comparison of Impact Shares NAACP Minority Empowerment ETF (NACP) to JPMorgan Carbon Transition U.S. Equity ETF (JCTR)

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

JCTR

JPMorgan Carbon Transition U.S. Equity ETF

JCTR Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JPMorgan Asset Management Carbon Transition U.S. Equity Index. The fund will invest at least 80% of its assets in securities included in index. The index is designed to capture the performance of companies which have been identified through its rules-based process as better positioned to benefit from a transition to a lower carbon economy while also providing broader U.S. market exposure.

Grade (RS Rating)

Last Trade

$77.17

Average Daily Volume

493

Number of Holdings ^*

403

* may have additional holdings in another (foreign) market

Performance

Period	NACP	JCTR
30 Days	2.07%	2.34%
60 Days	3.38%	4.40%
90 Days	3.52%	4.83%
12 Months	30.45%	30.53%

106 Overlapping Holdings

Symbol	Grade	Weight in NACP	Weight in JCTR	Overlap
A	C	0.14%	0.16%	0.14%
AAPL	C	5.03%	6.7%	5.03%
ABBV	C	1.22%	0.45%	0.45%
ABT	C	0.69%	0.17%	0.17%
ACM	B	0.05%	0.05%	0.05%
ACN	C	3.58%	0.79%	0.79%
ADP	B	0.4%	0.45%	0.4%
ALB	D	0.04%	0.04%	0.04%
AME	C	0.13%	0.15%	0.13%
AMH	C	0.05%	0.05%	0.05%
AMZN	C	4.47%	3.18%	3.18%
AON	B	0.24%	0.27%	0.24%
AVB	B	0.11%	0.14%	0.11%
AXP	B	0.56%	0.57%	0.56%
BAC	D	0.99%	0.33%	0.33%
BAH	C	0.07%	0.08%	0.07%
BSX	B	0.41%	0.48%	0.41%
C	C	0.45%	0.43%	0.43%
CCI	C	0.18%	0.21%	0.18%
CI	C	0.37%	0.39%	0.37%
CLX	C	0.07%	0.08%	0.07%
CNH	D	0.03%	0.04%	0.03%
COP	D	0.49%	0.47%	0.47%
CVS	D	0.27%	0.28%	0.27%
CVX	D	1.04%	0.26%	0.26%
DE	B	0.36%	0.39%	0.36%
DHR	B	0.64%	0.24%	0.24%
EA	D	0.45%	0.15%	0.15%
EBAY	B	0.11%	0.12%	0.11%
ECL	B	0.21%	0.24%	0.21%
ED	C	0.12%	0.14%	0.12%
EIX	C	0.11%	0.13%	0.11%
ELV	C	0.47%	0.49%	0.47%
EMR	D	0.22%	0.23%	0.22%
ES	C	0.08%	0.09%	0.08%
EW	F	0.15%	0.16%	0.15%
EXC	C	0.15%	0.16%	0.15%
EXPD	C	0.07%	0.07%	0.07%
FE	C	0.08%	0.03%	0.03%
GILD	B	0.35%	0.4%	0.35%
GOOGL	D	2.41%	2.97%	2.41%
HES	F	0.15%	0.13%	0.13%
HSY	C	0.1%	0.12%	0.1%
HUBB	B	0.06%	0.08%	0.06%
IBM	B	3.08%	0.13%	0.13%
IFF	B	0.09%	0.1%	0.09%
INTC	F	1.52%	0.04%	0.04%
IPG	C	0.16%	0.05%	0.05%
IR	C	0.12%	0.14%	0.12%
ITW	C	0.27%	0.29%	0.27%
JNJ	C	1.44%	0.56%	0.56%
KHC	C	0.12%	0.06%	0.06%
LII	B	0.07%	0.07%	0.07%
LOW	B	0.51%	0.07%	0.07%
MA	B	1.4%	1.12%	1.12%
MCO	B	0.26%	0.3%	0.26%
MDLZ	B	0.36%	0.39%	0.36%
MDT	C	0.42%	0.01%	0.01%
MET	B	0.17%	0.18%	0.17%
META	B	3.63%	1.97%	1.97%
MRK	D	1.03%	0.4%	0.4%
MS	D	0.47%	0.45%	0.45%
MSFT	C	4.63%	6.0%	4.63%
MU	F	1.75%	0.08%	0.08%
NDAQ	A	0.08%	0.11%	0.08%
NDSN	C	0.05%	0.06%	0.05%
NEE	C	0.66%	0.68%	0.66%
NEM	B	0.22%	0.23%	0.22%
NI	B	0.05%	0.06%	0.05%
NKE	D	0.36%	0.37%	0.36%
NVDA	D	4.9%	5.76%	4.9%
OKE	B	0.18%	0.21%	0.18%
OTIS	C	0.13%	0.15%	0.13%
PANW	D	1.81%	0.41%	0.41%
PCG	C	0.09%	0.17%	0.09%
PEG	B	0.14%	0.16%	0.14%
PEP	C	0.92%	0.79%	0.79%
PFE	C	0.62%	0.11%	0.11%
PLD	C	0.42%	0.48%	0.42%
PYPL	B	0.27%	0.29%	0.27%
QCOM	D	3.18%	0.22%	0.22%
REG	C	0.04%	0.05%	0.04%
RMD	C	0.11%	0.14%	0.11%
ROK	D	0.11%	0.11%	0.11%
SBAC	C	0.08%	0.1%	0.08%
SCCO	D	0.03%	0.03%	0.03%
SCHW	D	0.33%	0.37%	0.33%
SPGI	B	0.55%	0.63%	0.55%
SRE	C	0.18%	0.2%	0.18%
SYF	C	0.08%	0.07%	0.07%
T	C	0.45%	0.06%	0.06%
TMO	B	0.83%	0.25%	0.25%
TRV	C	0.18%	0.21%	0.18%
TSLA	C	2.22%	1.6%	1.6%
TT	B	0.29%	0.32%	0.29%
UBER	C	2.29%	0.55%	0.55%
UNH	C	1.95%	1.35%	1.35%
UNP	C	0.56%	0.08%	0.08%
URI	B	0.18%	0.19%	0.18%
V	C	1.53%	1.19%	1.19%
VRSK	D	0.13%	0.15%	0.13%
VZ	B	2.26%	0.15%	0.15%
WMB	B	0.19%	0.21%	0.19%
WMT	C	0.73%	0.44%	0.44%
XOM	C	2.0%	1.27%	1.27%
XYL	C	0.11%	0.12%	0.11%

NACP Overweight 90 Positions Relative to JCTR

Symbol	Grade	Weight
JPM	D	2.39%
GOOG	D	2.16%
KO	C	0.99%
GE	B	0.69%
HPQ	D	0.62%
DELL	D	0.54%
HON	D	0.46%
ETN	C	0.44%
BA	F	0.38%
MELI	B	0.38%
BMY	C	0.35%
UPS	D	0.35%
SO	B	0.35%
DUK	C	0.32%
EQIX	C	0.29%
NOC	B	0.29%
PNC	B	0.27%
MMM	B	0.26%
FDX	C	0.25%
FCX	D	0.25%
CSX	D	0.24%
MPC	F	0.23%
BDX	D	0.23%
PSX	F	0.22%
TFC	C	0.22%
NSC	C	0.2%
AEP	C	0.19%
MAR	C	0.19%
D	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%
LHX	C	0.16%
KMI	B	0.15%
CMI	C	0.15%
F	F	0.15%
DD	B	0.14%
HWM	B	0.14%
KR	C	0.13%
VMC	D	0.12%
MLM	D	0.12%
XEL	B	0.12%
RCL	B	0.12%
VST	C	0.11%
ADM	D	0.11%
DVN	F	0.1%
WEC	C	0.1%
PPG	D	0.1%
BIIB	F	0.1%
TROW	D	0.09%
DAL	C	0.09%
APTV	D	0.08%
PPL	C	0.08%
ETR	B	0.08%
DTE	C	0.08%
NRG	C	0.07%
CMS	C	0.07%
TSN	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%
TXT	D	0.06%
SJM	C	0.05%
OC	D	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%
LECO	F	0.04%
TFX	C	0.04%
EMN	B	0.04%
USFD	B	0.04%
WBA	F	0.03%
BWA	D	0.03%
PFG	B	0.03%
MOS	F	0.03%
HRL	C	0.03%
TAP	D	0.03%

NACP Underweight 297 Positions Relative to JCTR

Symbol	Grade	Weight
LLY	C	-1.85%
AVGO	C	-1.66%
PG	C	-1.12%
HD	B	-1.04%
BRK.A	C	-0.94%
NFLX	B	-0.87%
ADBE	F	-0.84%
MCD	B	-0.75%
AMD	D	-0.75%
LIN	B	-0.73%
CSCO	C	-0.71%
NOW	B	-0.7%
ISRG	B	-0.68%
INTU	C	-0.67%
AMGN	B	-0.67%
CAT	B	-0.63%
GS	C	-0.59%
COST	B	-0.58%
PGR	B	-0.58%
BKNG	C	-0.55%
AMAT	D	-0.53%
SYK	C	-0.52%
VRTX	D	-0.48%
REGN	C	-0.47%
CB	B	-0.46%
KLAC	D	-0.4%
BX	B	-0.4%
ICE	C	-0.36%
ANET	B	-0.35%
CMCSA	D	-0.35%
CL	D	-0.34%
WM	D	-0.33%
CME	C	-0.31%
KKR	B	-0.31%
CMG	C	-0.3%
MSI	B	-0.29%
CDNS	D	-0.29%
PH	B	-0.29%
SNPS	D	-0.29%
PLTR	B	-0.28%
CTAS	B	-0.28%
ORCL	C	-0.27%
MCK	F	-0.26%
CRM	D	-0.25%
AJG	D	-0.25%
MRVL	C	-0.25%
CARR	B	-0.24%
AFL	C	-0.24%
ROP	C	-0.23%
DHI	B	-0.22%
BLK	B	-0.22%
ADSK	C	-0.22%
APO	C	-0.22%
SLB	F	-0.22%
PSA	B	-0.22%
SPG	B	-0.21%
O	C	-0.21%
ABNB	D	-0.2%
COF	B	-0.2%
FIS	B	-0.19%
WFC	D	-0.19%
FTNT	C	-0.19%
PCAR	D	-0.19%
AIG	D	-0.19%
SPOT	B	-0.19%
GWW	B	-0.18%
NU	B	-0.18%
RSG	D	-0.17%
PAYX	C	-0.17%
CPRT	D	-0.17%
IQV	C	-0.17%
MSCI	C	-0.17%
LEN	B	-0.17%
STZ	D	-0.16%
ACGL	C	-0.16%
IDXX	C	-0.16%
TXN	C	-0.16%
GIS	B	-0.16%
PRU	C	-0.16%
MNST	D	-0.15%
DIS	D	-0.15%
YUM	D	-0.15%
IT	B	-0.15%
KDP	B	-0.15%
SQ	D	-0.14%
CBRE	A	-0.14%
EFX	B	-0.14%
EXR	B	-0.14%
DFS	B	-0.13%
CSGP	D	-0.13%
DDOG	D	-0.13%
ALNY	C	-0.13%
VEEV	C	-0.13%
CDW	D	-0.12%
FANG	D	-0.12%
TSCO	C	-0.12%
SHW	B	-0.12%
EOG	D	-0.12%
LULU	D	-0.12%
MTD	D	-0.12%
TRGP	B	-0.12%
DXCM	F	-0.11%
ANSS	D	-0.11%
PHM	B	-0.11%
GPN	D	-0.11%
AZO	D	-0.11%
AWK	B	-0.11%
WAB	B	-0.11%
DECK	C	-0.1%
HUBS	D	-0.1%
DOV	B	-0.1%
ARES	B	-0.1%
HAL	F	-0.1%
CHD	D	-0.1%
TTWO	C	-0.1%
MRNA	F	-0.1%
FSLR	C	-0.1%
KEYS	C	-0.1%
TEAM	D	-0.1%
VLTO	C	-0.1%
CBOE	C	-0.09%
SMCI	F	-0.09%
NET	D	-0.09%
TYL	C	-0.09%
OMC	B	-0.08%
WAT	C	-0.08%
TDY	B	-0.08%
EL	F	-0.08%
ESS	B	-0.08%
PTC	D	-0.08%
MDB	D	-0.08%
MKC	C	-0.08%
ZBRA	B	-0.07%
WSM	D	-0.07%
MAS	B	-0.07%
PINS	F	-0.07%
CNP	C	-0.07%
ROST	C	-0.07%
AVY	C	-0.07%
WRB	C	-0.07%
ENPH	D	-0.07%
CSL	B	-0.07%
ULTA	D	-0.07%
TRU	B	-0.07%
HOLX	B	-0.07%
NTRA	C	-0.06%
CLH	A	-0.06%
RGA	C	-0.06%
TJX	B	-0.06%
FOXA	B	-0.06%
IEX	D	-0.06%
UDR	C	-0.06%
RBA	B	-0.06%
EG	C	-0.06%
LYV	B	-0.06%
PODD	B	-0.06%
KIM	C	-0.06%
LPLA	D	-0.06%
EXPE	C	-0.06%
JLL	B	-0.05%
INCY	C	-0.05%
ALLE	B	-0.05%
OHI	B	-0.05%
KMX	D	-0.05%
BXP	B	-0.05%
WPC	C	-0.05%
POOL	C	-0.05%
CE	F	-0.05%
JKHY	B	-0.05%
TTEK	C	-0.05%
RNR	C	-0.05%
IBKR	B	-0.05%
TW	B	-0.05%
TRMB	C	-0.05%
GWRE	A	-0.05%
HOOD	C	-0.05%
GGG	C	-0.05%
SNA	C	-0.05%
PSTG	F	-0.05%
LRCX	F	-0.05%
SKX	D	-0.04%
FCN	D	-0.04%
TPR	C	-0.04%
AFRM	C	-0.04%
OLED	C	-0.04%
RGLD	C	-0.04%
ONTO	D	-0.04%
MORN	C	-0.04%
ELS	C	-0.04%
WTRG	D	-0.04%
REXR	C	-0.04%
EPAM	F	-0.04%
PRI	B	-0.04%
MKTX	C	-0.04%
NVT	D	-0.04%
DAY	D	-0.04%
GPC	D	-0.04%
FND	C	-0.04%
Z	B	-0.04%
OKTA	F	-0.04%
HAS	B	-0.04%
TOST	C	-0.04%
CHRW	B	-0.04%
CUBE	B	-0.04%
VNT	F	-0.03%
SRCL	A	-0.03%
LSTR	D	-0.03%
CGNX	F	-0.03%
GNTX	F	-0.03%
BSY	D	-0.03%
PLNT	B	-0.03%
SSD	D	-0.03%
MIDD	D	-0.03%
AGNC	B	-0.03%
STAG	C	-0.03%
GNRC	D	-0.03%
ADI	C	-0.03%
PCTY	C	-0.03%
G	C	-0.03%
MTCH	C	-0.03%
ETSY	F	-0.03%
CROX	D	-0.03%
MKSI	F	-0.03%
CIEN	C	-0.03%
FRT	C	-0.03%
RL	C	-0.03%
XP	D	-0.03%
FRPT	B	-0.03%
WFRD	F	-0.03%
BRX	B	-0.03%
JEF	B	-0.03%
GLOB	D	-0.03%
TWLO	D	-0.03%
ALLY	F	-0.03%
WCC	D	-0.03%
AR	F	-0.03%
CWEN	C	-0.02%
STWD	B	-0.02%
DLB	D	-0.02%
AXS	B	-0.02%
BHF	F	-0.02%
WU	F	-0.02%
NFG	B	-0.02%
TPG	B	-0.02%
AL	D	-0.02%
ASH	D	-0.02%
PATH	D	-0.02%
MSA	D	-0.02%
UGI	C	-0.02%
LYFT	D	-0.02%
CHH	C	-0.02%
COTY	F	-0.02%
RHI	D	-0.02%
LSCC	D	-0.02%
ZS	F	-0.02%
CPRI	D	-0.02%
BBWI	F	-0.02%
GME	F	-0.02%
AYI	B	-0.02%
HXL	F	-0.02%
ESI	D	-0.02%
RGEN	F	-0.02%
MTZ	B	-0.02%
U	D	-0.02%
FMC	C	-0.02%
LAD	D	-0.02%
FLS	D	-0.02%
WEX	C	-0.02%
VFC	C	-0.02%
ELF	F	-0.02%
VVV	D	-0.02%
IONS	F	-0.02%
AGR	B	-0.01%
DNB	C	-0.01%
CERT	F	-0.01%
COLM	C	-0.01%
MAN	C	-0.01%
ZI	D	-0.01%
IRDM	D	-0.01%
HAYW	C	-0.01%
YETI	D	-0.01%
PAG	D	-0.01%
W	D	-0.01%
HUN	D	-0.01%
DV	F	-0.01%
ENOV	D	-0.01%
CFLT	F	-0.01%
WEN	C	-0.01%
SLM	D	-0.01%
AMG	C	-0.01%
RYN	C	-0.01%
PINC	C	-0.0%
PEGA	C	-0.0%
SMG	C	-0.0%
MPW	C	-0.0%
MMC	C	-0.0%
NFE	F	-0.0%