NACP vs. XNTK ETF Comparison

Comparison of Impact Shares NAACP Minority Empowerment ETF (NACP) to SPDR NYSE Technology ETF (XNTK)

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

$41.02

Average Daily Volume

2,127

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

XNTK

SPDR NYSE Technology ETF

XNTK Description

SPDR Morgan Stanley Technology ETF (the Fund) seeks to closely match the returns and characteristics of the Morgan Stanley Technology Index. The Morgan Stanley Technology Index is composed purely of electronics-based technology companies. The Technology Index comprises companies drawn from the following technology sub-sectors: computer services; design software; server software, personal computer (PC) software and new media; networking and telecom equipment; server hardware, PC hardware and peripherals; specialized systems, and semiconductors. The Fund's investment advisor is SSgA Funds Management, Inc.

Grade (RS Rating)

Last Trade

$194.90

Average Daily Volume

12,727

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NACP	XNTK
30 Days	1.69%	3.39%
60 Days	7.35%	11.90%
90 Days	3.01%	-2.45%
12 Months	34.08%	42.30%

14 Overlapping Holdings

Symbol	Grade	Weight in NACP	Weight in XNTK	Overlap
AAPL	C	5.03%	2.7%	2.7%
AMZN	C	4.47%	2.97%	2.97%
GOOGL	C	2.41%	2.77%	2.41%
IBM	C	3.08%	3.05%	3.05%
INTC	D	1.52%	1.15%	1.15%
MELI	C	0.38%	3.09%	0.38%
META	A	3.63%	3.88%	3.63%
MSFT	C	4.63%	2.71%	2.71%
MU	D	1.75%	2.75%	1.75%
NVDA	C	4.9%	5.73%	4.9%
PANW	D	1.81%	2.58%	1.81%
QCOM	D	3.18%	3.02%	3.02%
TSLA	B	2.22%	2.31%	2.22%
UBER	C	2.29%	2.82%	2.29%

NACP Overweight 182 Positions Relative to XNTK

Symbol	Grade	Weight
ACN	B	3.58%
JPM	D	2.39%
VZ	A	2.26%
GOOG	C	2.16%
XOM	B	2.0%
UNH	B	1.95%
V	C	1.53%
JNJ	C	1.44%
MA	A	1.4%
ABBV	A	1.22%
CVX	D	1.04%
MRK	F	1.03%
KO	B	0.99%
BAC	D	0.99%
PEP	D	0.92%
TMO	C	0.83%
WMT	A	0.73%
ABT	C	0.69%
GE	C	0.69%
NEE	A	0.66%
DHR	B	0.64%
HPQ	C	0.62%
PFE	D	0.62%
AXP	A	0.56%
UNP	C	0.56%
SPGI	C	0.55%
DELL	D	0.54%
LOW	A	0.51%
COP	D	0.49%
ELV	F	0.47%
MS	B	0.47%
HON	B	0.46%
C	B	0.45%
EA	D	0.45%
T	A	0.45%
ETN	C	0.44%
MDT	A	0.42%
PLD	D	0.42%
BSX	A	0.41%
ADP	A	0.4%
BA	F	0.38%
CI	C	0.37%
DE	A	0.36%
MDLZ	C	0.36%
NKE	D	0.36%
BMY	B	0.35%
UPS	D	0.35%
GILD	A	0.35%
SO	A	0.35%
SCHW	D	0.33%
DUK	B	0.32%
EQIX	B	0.29%
TT	A	0.29%
NOC	B	0.29%
PNC	C	0.27%
CVS	D	0.27%
PYPL	B	0.27%
ITW	B	0.27%
MMM	B	0.26%
MCO	C	0.26%
FDX	D	0.25%
FCX	B	0.25%
AON	A	0.24%
CSX	D	0.24%
MPC	F	0.23%
BDX	B	0.23%
PSX	F	0.22%
TFC	D	0.22%
NEM	C	0.22%
EMR	B	0.22%
ECL	A	0.21%
NSC	B	0.2%
WMB	A	0.19%
AEP	B	0.19%
MAR	B	0.19%
OKE	C	0.18%
SRE	A	0.18%
TRV	C	0.18%
CCI	A	0.18%
D	A	0.18%
GM	D	0.18%
URI	B	0.18%
MET	A	0.17%
BK	C	0.17%
VLO	F	0.17%
JCI	B	0.17%
HLT	B	0.17%
LNG	D	0.16%
IPG	C	0.16%
LHX	A	0.16%
KMI	A	0.15%
HES	D	0.15%
EXC	A	0.15%
CMI	B	0.15%
EW	F	0.15%
F	D	0.15%
DD	B	0.14%
PEG	A	0.14%
A	B	0.14%
HWM	A	0.14%
OTIS	A	0.13%
KR	B	0.13%
AME	D	0.13%
VRSK	D	0.13%
VMC	D	0.12%
IR	B	0.12%
MLM	D	0.12%
XEL	A	0.12%
ED	A	0.12%
KHC	B	0.12%
RCL	C	0.12%
AVB	C	0.11%
ROK	D	0.11%
EBAY	A	0.11%
VST	A	0.11%
EIX	A	0.11%
ADM	D	0.11%
RMD	C	0.11%
XYL	B	0.11%
HSY	D	0.1%
DVN	F	0.1%
WEC	A	0.1%
PPG	D	0.1%
BIIB	F	0.1%
PCG	B	0.09%
TROW	D	0.09%
IFF	C	0.09%
DAL	B	0.09%
SYF	C	0.08%
APTV	D	0.08%
SBAC	B	0.08%
PPL	A	0.08%
FE	A	0.08%
ETR	A	0.08%
NDAQ	C	0.08%
DTE	A	0.08%
ES	A	0.08%
NRG	A	0.07%
LII	C	0.07%
EXPD	B	0.07%
CMS	A	0.07%
TSN	D	0.07%
CLX	B	0.07%
BAH	A	0.07%
BAX	D	0.07%
K	B	0.07%
ILMN	C	0.07%
HBAN	C	0.07%
RF	C	0.07%
SWK	A	0.06%
LUV	C	0.06%
DOC	B	0.06%
DGX	C	0.06%
HUBB	A	0.06%
TXT	D	0.06%
SJM	B	0.05%
AMH	D	0.05%
NI	A	0.05%
OC	B	0.05%
ACM	B	0.05%
NDSN	B	0.05%
UAL	B	0.05%
LNT	A	0.05%
AES	B	0.05%
JBHT	D	0.05%
BG	D	0.05%
CF	A	0.05%
CPB	D	0.04%
REG	B	0.04%
LECO	F	0.04%
TFX	B	0.04%
ALB	D	0.04%
EMN	B	0.04%
USFD	C	0.04%
WBA	F	0.03%
BWA	C	0.03%
SCCO	B	0.03%
PFG	C	0.03%
MOS	F	0.03%
HRL	F	0.03%
CNH	C	0.03%
TAP	D	0.03%

NACP Underweight 21 Positions Relative to XNTK

Symbol	Grade	Weight
AVGO	C	-4.1%
TSM	C	-4.06%
NFLX	C	-3.59%
ORCL	C	-3.41%
AMAT	D	-3.08%
TXN	C	-3.06%
NOW	C	-3.04%
ADI	C	-2.91%
BABA	A	-2.86%
BKNG	C	-2.83%
AMD	D	-2.81%
ASML	F	-2.75%
INTU	F	-2.64%
LRCX	F	-2.59%
SHOP	C	-2.51%
CSCO	A	-2.46%
CRM	C	-2.45%
ABNB	D	-2.12%
ADBE	F	-2.0%
PDD	D	-1.66%
SNOW	F	-1.38%