NACP vs. PTNQ ETF Comparison

Comparison of Impact Shares NAACP Minority Empowerment ETF (NACP) to Pacer Trendpilot 100 ETF (PTNQ)

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

$40.65

Average Daily Volume

2,485

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

PTNQ

Pacer Trendpilot 100 ETF

PTNQ Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer NASDAQ-100 Trendpilot Index (the "index"). Under normal circumstances, at least 80% of the fund&#39;s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. It may also invest up to 20% of its assets in cash and cash equivalents, other investment companies, as well as securities and other instruments not included in the index but which the Adviser believes will help the fund track the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.63

Average Daily Volume

42,596

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	NACP	PTNQ
30 Days	2.07%	0.73%
60 Days	3.38%	1.52%
90 Days	3.52%	1.15%
12 Months	30.45%	17.40%

30 Overlapping Holdings

Symbol	Grade	Weight in NACP	Weight in PTNQ	Overlap
AAPL	C	5.03%	4.99%	4.99%
ADP	B	0.4%	0.43%	0.4%
AEP	C	0.19%	0.21%	0.19%
AMZN	C	4.47%	2.84%	2.84%
BIIB	F	0.1%	0.11%	0.1%
CSX	D	0.24%	0.25%	0.24%
EA	D	0.45%	0.15%	0.15%
EXC	C	0.15%	0.15%	0.15%
GILD	B	0.35%	0.39%	0.35%
GOOG	D	2.16%	1.3%	1.3%
GOOGL	D	2.41%	1.36%	1.36%
HON	D	0.46%	0.5%	0.46%
ILMN	C	0.07%	0.08%	0.07%
INTC	F	1.52%	0.32%	0.32%
KHC	C	0.12%	0.16%	0.12%
MAR	C	0.19%	0.25%	0.19%
MDLZ	B	0.36%	0.38%	0.36%
MELI	B	0.38%	0.4%	0.38%
META	B	3.63%	2.67%	2.67%
MSFT	C	4.63%	4.68%	4.63%
MU	F	1.75%	0.38%	0.38%
NVDA	D	4.9%	4.28%	4.28%
PANW	D	1.81%	0.42%	0.42%
PEP	C	0.92%	0.92%	0.92%
PYPL	B	0.27%	0.28%	0.27%
QCOM	D	3.18%	0.71%	0.71%
TSLA	C	2.22%	1.62%	1.62%
VRSK	D	0.13%	0.15%	0.13%
WBA	F	0.03%	0.03%	0.03%
XEL	B	0.12%	0.13%	0.12%

NACP Overweight 166 Positions Relative to PTNQ

Symbol	Grade	Weight
ACN	C	3.58%
IBM	B	3.08%
JPM	D	2.39%
UBER	C	2.29%
VZ	B	2.26%
XOM	C	2.0%
UNH	C	1.95%
V	C	1.53%
JNJ	C	1.44%
MA	B	1.4%
ABBV	C	1.22%
CVX	D	1.04%
MRK	D	1.03%
KO	C	0.99%
BAC	D	0.99%
TMO	B	0.83%
WMT	C	0.73%
ABT	C	0.69%
GE	B	0.69%
NEE	C	0.66%
DHR	B	0.64%
HPQ	D	0.62%
PFE	C	0.62%
AXP	B	0.56%
UNP	C	0.56%
SPGI	B	0.55%
DELL	D	0.54%
LOW	B	0.51%
COP	D	0.49%
ELV	C	0.47%
MS	D	0.47%
C	C	0.45%
T	C	0.45%
ETN	C	0.44%
MDT	C	0.42%
PLD	C	0.42%
BSX	B	0.41%
BA	F	0.38%
CI	C	0.37%
DE	B	0.36%
NKE	D	0.36%
BMY	C	0.35%
UPS	D	0.35%
SO	B	0.35%
SCHW	D	0.33%
DUK	C	0.32%
EQIX	C	0.29%
TT	B	0.29%
NOC	B	0.29%
PNC	B	0.27%
CVS	D	0.27%
ITW	C	0.27%
MMM	B	0.26%
MCO	B	0.26%
FDX	C	0.25%
FCX	D	0.25%
AON	B	0.24%
MPC	F	0.23%
BDX	D	0.23%
PSX	F	0.22%
TFC	C	0.22%
NEM	B	0.22%
EMR	D	0.22%
ECL	B	0.21%
NSC	C	0.2%
WMB	B	0.19%
OKE	B	0.18%
SRE	C	0.18%
TRV	C	0.18%
CCI	C	0.18%
D	C	0.18%
GM	C	0.18%
URI	B	0.18%
MET	B	0.17%
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%
CMI	C	0.15%
EW	F	0.15%
F	F	0.15%
DD	B	0.14%
PEG	B	0.14%
A	C	0.14%
HWM	B	0.14%
OTIS	C	0.13%
KR	C	0.13%
AME	C	0.13%
VMC	D	0.12%
IR	C	0.12%
MLM	D	0.12%
ED	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%
PPG	D	0.1%
PCG	C	0.09%
TROW	D	0.09%
IFF	B	0.09%
DAL	C	0.09%
SYF	C	0.08%
APTV	D	0.08%
SBAC	C	0.08%
PPL	C	0.08%
FE	C	0.08%
ETR	B	0.08%
NDAQ	A	0.08%
DTE	C	0.08%
ES	C	0.08%
NRG	C	0.07%
LII	B	0.07%
EXPD	C	0.07%
CMS	C	0.07%
TSN	C	0.07%
CLX	C	0.07%
BAH	C	0.07%
BAX	C	0.07%
K	B	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%
TXT	D	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%
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%

NACP Underweight 71 Positions Relative to PTNQ

Symbol	Grade	Weight
AVGO	C	-2.93%
COST	B	-1.53%
NFLX	B	-1.14%
AMD	D	-0.93%
ADBE	F	-0.91%
TMUS	C	-0.9%
LIN	B	-0.85%
CSCO	C	-0.76%
TXN	C	-0.69%
INTU	C	-0.69%
AMGN	B	-0.67%
ISRG	B	-0.66%
AMAT	D	-0.59%
CMCSA	D	-0.58%
BKNG	C	-0.51%
REGN	C	-0.47%
VRTX	D	-0.47%
SBUX	C	-0.42%
ADI	C	-0.42%
LRCX	F	-0.38%
KLAC	D	-0.38%
CTAS	B	-0.32%
CDNS	D	-0.28%
ASML	F	-0.28%
SNPS	D	-0.28%
ORLY	C	-0.25%
PDD	F	-0.24%
MRVL	C	-0.24%
CRWD	D	-0.23%
CEG	C	-0.23%
FTNT	C	-0.22%
NXPI	F	-0.22%
ROP	C	-0.22%
ADSK	C	-0.21%
WDAY	D	-0.2%
ROST	C	-0.2%
MNST	D	-0.2%
CHTR	D	-0.19%
DASH	C	-0.19%
PCAR	D	-0.19%
KDP	B	-0.19%
ABNB	D	-0.19%
TTD	B	-0.18%
CPRT	D	-0.18%
PAYX	C	-0.18%
AZN	D	-0.17%
IDXX	C	-0.16%
ODFL	D	-0.16%
MCHP	F	-0.16%
GEHC	C	-0.15%
FAST	C	-0.15%
CCEP	B	-0.14%
CTSH	C	-0.14%
DDOG	D	-0.13%
BKR	C	-0.13%
ON	D	-0.12%
FANG	D	-0.12%
CSGP	D	-0.12%
LULU	D	-0.12%
CDW	D	-0.11%
ZS	F	-0.1%
TEAM	D	-0.1%
MRNA	F	-0.1%
TTWO	C	-0.1%
DXCM	F	-0.1%
ANSS	D	-0.1%
WBD	D	-0.08%
MDB	D	-0.08%
GFS	F	-0.08%
ARM	D	-0.07%
DLTR	F	-0.06%