NACP vs. PBW ETF Comparison

Comparison of Impact Shares NAACP Minority Empowerment ETF (NACP) to PowerShares WilderHill Clean Energy Portfolio (PBW)

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

PBW

PowerShares WilderHill Clean Energy Portfolio

PBW Description

The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$20.63

Average Daily Volume

334,711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NACP	PBW
30 Days	2.08%	4.09%
60 Days	4.48%	7.90%
90 Days	6.57%	3.53%
12 Months	32.92%	-19.63%

2 Overlapping Holdings

	Symbol	Grade	Weight in NACP	Weight in PBW	Overlap
	ALB	C	0.04%	1.91%	0.04%
	TSLA	B	2.22%	2.25%	2.22%

NACP Overweight 195 Positions Relative to PBW

Symbol	Grade	Weight
AAPL	C	5.03%
NVDA	C	4.9%
MSFT	F	4.63%
AMZN	C	4.47%
META	D	3.63%
ACN	C	3.58%
QCOM	F	3.18%
IBM	C	3.08%
GOOGL	C	2.41%
JPM	A	2.39%
UBER	D	2.29%
VZ	C	2.26%
GOOG	C	2.16%
XOM	B	2.0%
UNH	C	1.95%
PANW	C	1.81%
MU	D	1.75%
V	A	1.53%
INTC	D	1.52%
JNJ	D	1.44%
MA	C	1.4%
ABBV	D	1.22%
CVX	A	1.04%
MRK	F	1.03%
KO	D	0.99%
BAC	A	0.99%
PEP	F	0.92%
TMO	F	0.83%
WMT	A	0.73%
ABT	B	0.69%
GE	D	0.69%
NEE	D	0.66%
DHR	F	0.64%
HPQ	B	0.62%
PFE	D	0.62%
AXP	A	0.56%
UNP	C	0.56%
SPGI	C	0.55%
DELL	C	0.54%
LOW	D	0.51%
COP	C	0.49%
ELV	F	0.47%
MS	A	0.47%
HON	B	0.46%
C	A	0.45%
EA	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%
MELI	D	0.38%
CI	F	0.37%
DE	A	0.36%
MDLZ	F	0.36%
NKE	D	0.36%
BMY	B	0.35%
UPS	C	0.35%
GILD	C	0.35%
SO	D	0.35%
SCHW	B	0.33%
DUK	C	0.32%
EQIX	A	0.29%
TT	A	0.29%
NOC	D	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%
FDX	B	0.25%
FCX	D	0.25%
AON	A	0.24%
CSX	B	0.24%
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%
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%
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%
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%
KHC	F	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%
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 52 Positions Relative to PBW

Symbol	Grade	Weight
BE	B	-3.13%
ACHR	B	-2.16%
XPEV	C	-2.14%
MYRG	B	-2.12%
AMSC	B	-2.12%
MP	B	-1.98%
SLI	D	-1.87%
AMPS	C	-1.79%
JKS	F	-1.76%
ESE	B	-1.74%
ORA	B	-1.73%
PWR	A	-1.73%
DAR	C	-1.69%
PLPC	B	-1.67%
SQM	F	-1.66%
ITRI	B	-1.65%
JOBY	B	-1.63%
ARRY	C	-1.63%
AEIS	B	-1.62%
ENVX	F	-1.6%
PLUG	F	-1.54%
REX	D	-1.45%
FLNC	C	-1.44%
CTVA	C	-1.44%
EOSE	D	-1.42%
NIO	F	-1.4%
BELFB	C	-1.37%
RIVN	F	-1.36%
FSLR	F	-1.34%
WOLF	F	-1.33%
CSIQ	F	-1.3%
THRM	D	-1.3%
QS	F	-1.28%
CHPT	F	-1.25%
RNW	D	-1.21%
OLED	D	-1.2%
AMRC	F	-1.13%
SLDP	F	-1.1%
AMPX	C	-1.06%
SHLS	F	-1.06%
FREY	B	-1.04%
MPWR	F	-1.01%
LNZA	F	-1.0%
WBX	F	-0.85%
ENPH	F	-0.81%
SEDG	F	-0.8%
PLL	C	-0.8%
TPIC	F	-0.77%
RUN	F	-0.77%
NOVA	F	-0.48%
BLNK	F	-0.44%
SOL	F	-0.43%