PTL vs. CSM ETF Comparison

Comparison of Northern Lights Fund Trust IV Inspire 500 ETF (PTL) to ProShares Large Cap Core Plus (CSM)

PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description

PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$224.62

Average Daily Volume

7,636

Number of Holdings ^*

478

* may have additional holdings in another (foreign) market

CSM

ProShares Large Cap Core Plus

CSM Description

The investment seeks investment results before fees and expenses that track the performance of the Credit Suisse 130/30 Large Cap Index (the "index"). The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to replicate an investment strategy that establishes either long or short positions in the stocks of 500 leading large-cap U.S. companies (the "Universe") by applying a rules-based ranking and weighting methodology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.68

Average Daily Volume

7,638

Number of Holdings ^*

307

* may have additional holdings in another (foreign) market

Performance

Period	PTL	CSM
30 Days	5.09%	2.89%
60 Days	5.71%	4.45%
90 Days	7.67%	6.39%
12 Months		32.21%

122 Overlapping Holdings

Symbol	Grade	Weight in PTL	Weight in CSM	Overlap
AME	A	0.31%	0.38%	0.31%
ANET	C	0.83%	0.31%	0.31%
AOS	F	0.07%	0.06%	0.06%
APA	D	0.06%	0.21%	0.06%
APH	A	0.6%	0.44%	0.44%
ARE	D	0.13%	0.03%	0.03%
AVGO	D	5.22%	1.22%	1.22%
BAX	D	0.12%	0.25%	0.12%
BG	F	0.09%	0.24%	0.09%
BKR	B	0.31%	0.39%	0.31%
BLDR	D	0.15%	0.16%	0.15%
BRO	B	0.22%	0.34%	0.22%
BWA	D	0.05%	0.15%	0.05%
CAG	D	0.09%	0.1%	0.09%
CBOE	B	0.16%	0.28%	0.16%
CNP	B	0.14%	0.32%	0.14%
COR	B	0.34%	0.33%	0.33%
CPB	D	0.1%	0.09%	0.09%
CPT	B	0.09%	0.29%	0.09%
CSGP	D	0.23%	0.04%	0.04%
CSX	B	0.47%	0.25%	0.25%
DG	F	0.12%	0.22%	0.12%
DHI	D	0.39%	0.23%	0.23%
DLR	B	0.43%	0.07%	0.07%
DOC	D	0.1%	0.21%	0.1%
DTE	C	0.17%	0.3%	0.17%
DVN	F	0.18%	0.3%	0.18%
DXCM	D	0.23%	0.08%	0.08%
EMR	A	0.5%	0.22%	0.22%
EPAM	C	0.09%	0.05%	0.05%
EQR	B	0.2%	0.33%	0.2%
ETR	B	0.22%	0.37%	0.22%
EXC	C	0.26%	0.29%	0.26%
FANG	D	0.4%	0.32%	0.32%
FAST	B	0.33%	0.04%	0.04%
FCX	D	0.4%	0.12%	0.12%
FDX	B	0.55%	0.29%	0.29%
FE	C	0.16%	0.1%	0.1%
FFIV	B	0.1%	0.34%	0.1%
FRT	B	0.07%	0.3%	0.07%
FSLR	F	0.14%	0.1%	0.1%
FTNT	C	0.48%	0.33%	0.33%
GEHC	F	0.26%	0.2%	0.2%
GEN	B	0.12%	0.18%	0.12%
GL	B	0.07%	0.21%	0.07%
GPC	D	0.12%	0.14%	0.12%
HAL	C	0.2%	0.23%	0.2%
HD	A	2.69%	0.31%	0.31%
HOLX	D	0.13%	0.11%	0.11%
HST	C	0.09%	0.31%	0.09%
IEX	B	0.12%	0.29%	0.12%
INCY	C	0.1%	0.36%	0.1%
INVH	D	0.15%	0.28%	0.15%
IP	B	0.15%	0.06%	0.06%
IQV	D	0.26%	0.25%	0.25%
IR	B	0.29%	0.33%	0.29%
ISRG	A	1.34%	0.09%	0.09%
J	F	0.11%	0.04%	0.04%
JBL	B	0.09%	0.08%	0.08%
JKHY	D	0.09%	0.12%	0.09%
KMI	A	0.43%	0.12%	0.12%
KMX	B	0.09%	0.21%	0.09%
L	A	0.13%	0.33%	0.13%
LEN	D	0.33%	0.32%	0.32%
LIN	D	1.49%	0.08%	0.08%
LOW	D	1.01%	0.04%	0.04%
LYB	F	0.19%	0.27%	0.19%
MAA	B	0.13%	0.28%	0.13%
MAS	D	0.12%	0.04%	0.04%
MKC	D	0.15%	0.05%	0.05%
MOH	F	0.12%	0.16%	0.12%
MSCI	C	0.31%	0.15%	0.15%
MTD	D	0.17%	0.28%	0.17%
NEM	D	0.35%	0.09%	0.09%
NI	A	0.11%	0.21%	0.11%
NRG	B	0.12%	0.33%	0.12%
NUE	C	0.24%	0.08%	0.08%
NWSA	B	0.12%	0.12%	0.12%
OKE	A	0.48%	0.18%	0.18%
ON	D	0.21%	0.12%	0.12%
OTIS	C	0.25%	0.32%	0.25%
PANW	C	0.89%	0.2%	0.2%
PAYC	B	0.09%	0.32%	0.09%
PAYX	C	0.35%	0.07%	0.07%
PCG	A	0.31%	0.29%	0.29%
PGR	A	1.06%	0.23%	0.23%
PH	A	0.61%	0.45%	0.45%
PHM	D	0.19%	0.3%	0.19%
PKG	A	0.15%	0.05%	0.05%
PLD	D	0.76%	0.33%	0.33%
PNW	B	0.07%	0.13%	0.07%
PSA	D	0.4%	0.14%	0.14%
QCOM	F	1.24%	0.5%	0.5%
QRVO	F	0.04%	0.19%	0.04%
REG	B	0.1%	0.2%	0.1%
RF	A	0.17%	0.05%	0.05%
RMD	C	0.25%	0.2%	0.2%
ROL	B	0.17%	0.26%	0.17%
ROP	B	0.42%	0.12%	0.12%
RSG	A	0.46%	0.34%	0.34%
SLB	C	0.44%	0.31%	0.31%
SMCI	F	0.11%	0.03%	0.03%
SNA	A	0.13%	0.39%	0.13%
SNPS	B	0.6%	0.42%	0.42%
SPG	B	0.41%	0.14%	0.14%
STE	F	0.15%	0.31%	0.15%
STLD	B	0.15%	0.14%	0.14%
SWKS	F	0.09%	0.2%	0.09%
SYY	B	0.24%	0.13%	0.13%
TRGP	B	0.32%	0.4%	0.32%
TRMB	B	0.12%	0.05%	0.05%
TSN	B	0.16%	0.34%	0.16%
UHS	D	0.1%	0.29%	0.1%
URI	B	0.37%	0.13%	0.13%
VLO	C	0.33%	0.08%	0.08%
VTR	C	0.18%	0.31%	0.18%
WDC	D	0.15%	0.22%	0.15%
WELL	A	0.58%	0.42%	0.42%
WM	A	0.6%	0.04%	0.04%
WRB	A	0.16%	0.08%	0.08%
WY	D	0.16%	0.3%	0.16%
XOM	B	3.74%	0.51%	0.51%

PTL Overweight 356 Positions Relative to CSM

Symbol	Grade	Weight
CAT	B	1.22%
NEE	D	1.08%
PLTR	B	0.98%
ADP	B	0.86%
UPS	C	0.77%
APP	B	0.76%
ELV	F	0.67%
SHW	A	0.65%
REGN	F	0.63%
ICE	C	0.62%
GEV	B	0.62%
CTAS	B	0.61%
KLAC	D	0.58%
MSTR	C	0.58%
MRVL	B	0.57%
EOG	A	0.56%
COIN	C	0.54%
IBKR	A	0.53%
SCCO	F	0.52%
ORLY	B	0.47%
TTD	B	0.43%
NSC	B	0.42%
AFL	B	0.42%
CEG	D	0.41%
PCAR	B	0.4%
FICO	B	0.39%
MNST	C	0.37%
CPRT	A	0.37%
AZO	C	0.35%
LNG	B	0.35%
AIG	B	0.34%
PWR	A	0.33%
OXY	D	0.33%
ODFL	B	0.33%
CVNA	B	0.33%
VRT	B	0.33%
KVUE	A	0.32%
DDOG	A	0.32%
CCI	D	0.31%
PEG	A	0.3%
SNOW	C	0.3%
CPNG	D	0.3%
EW	C	0.3%
VST	B	0.29%
VRSK	A	0.28%
DAL	C	0.27%
VMC	B	0.26%
YUM	B	0.25%
EXR	D	0.25%
VEEV	C	0.25%
IDXX	F	0.25%
MLM	B	0.25%
FCNCA	A	0.24%
TPL	A	0.24%
MCHP	D	0.24%
OWL	A	0.23%
ED	D	0.23%
NET	B	0.23%
TTWO	A	0.23%
WEC	A	0.22%
ZS	C	0.22%
EFX	F	0.22%
IOT	A	0.21%
ANSS	B	0.21%
KEYS	A	0.2%
RKT	F	0.2%
TW	A	0.2%
DECK	A	0.19%
NVR	D	0.19%
MPWR	F	0.19%
DOV	A	0.19%
AWK	D	0.19%
TSCO	D	0.19%
VLTO	D	0.18%
CPAY	A	0.18%
TYL	B	0.18%
ADM	D	0.18%
EME	C	0.17%
NTAP	C	0.17%
ATO	A	0.16%
IFF	D	0.16%
TKO	B	0.16%
TOST	B	0.16%
LII	A	0.16%
AFRM	B	0.16%
SBAC	D	0.16%
WST	C	0.16%
HUBB	B	0.16%
GFS	C	0.16%
AEE	A	0.16%
CINF	A	0.16%
CDW	F	0.16%
WSM	B	0.15%
ERIE	D	0.15%
ES	D	0.15%
WSO	A	0.15%
MDB	C	0.15%
MKL	A	0.15%
CSL	C	0.14%
CTRA	B	0.14%
UI	A	0.14%
CMS	C	0.14%
LH	C	0.14%
ESS	B	0.14%
NTNX	A	0.13%
SSNC	B	0.13%
XPO	B	0.13%
JBHT	C	0.13%
PODD	C	0.13%
CHWY	B	0.12%
USFD	A	0.12%
SUI	D	0.12%
RS	B	0.12%
ALGN	D	0.12%
MRO	B	0.12%
TER	D	0.12%
OC	A	0.12%
CRBG	B	0.12%
RYAN	B	0.12%
RPM	A	0.12%
CASY	A	0.11%
DOCU	A	0.11%
RGA	A	0.11%
FLEX	A	0.11%
SMMT	D	0.11%
TOL	B	0.11%
COHR	B	0.11%
ENTG	D	0.11%
GWRE	A	0.11%
BSY	D	0.11%
RPRX	D	0.11%
UTHR	C	0.11%
JEF	A	0.11%
CF	B	0.11%
WLK	D	0.11%
EXPD	D	0.11%
FIX	A	0.11%
MANH	D	0.11%
CLH	B	0.1%
POOL	C	0.1%
SFM	A	0.1%
RVTY	F	0.1%
ELS	C	0.1%
AGR	B	0.1%
DLTR	F	0.1%
AMH	D	0.1%
NDSN	B	0.1%
GGG	B	0.1%
THC	D	0.1%
EVRG	A	0.1%
EWBC	A	0.1%
UDR	B	0.1%
DT	C	0.1%
SAIA	B	0.1%
TXRH	C	0.09%
SOLV	C	0.09%
SCI	B	0.09%
WPC	D	0.09%
PFGC	B	0.09%
OVV	B	0.09%
OKTA	C	0.09%
INSM	C	0.09%
LAMR	D	0.09%
BXP	D	0.09%
PR	B	0.09%
SN	D	0.09%
HLI	B	0.09%
NBIX	C	0.09%
CW	B	0.09%
EDR	A	0.09%
DVA	B	0.09%
MUSA	A	0.08%
PCTY	B	0.08%
AA	B	0.08%
FND	C	0.08%
BLD	D	0.08%
CUBE	D	0.08%
KNSL	B	0.08%
ATR	B	0.08%
MTZ	B	0.08%
PCVX	D	0.08%
ACI	C	0.08%
GMED	A	0.08%
BJ	A	0.08%
FHN	A	0.08%
LECO	B	0.08%
LW	C	0.08%
MEDP	D	0.08%
PPC	C	0.08%
SF	B	0.08%
EVR	B	0.08%
JNPR	F	0.08%
AFG	A	0.08%
RRX	B	0.08%
ITT	A	0.08%
CHRW	C	0.08%
UHAL	D	0.08%
ALB	C	0.08%
BIO	D	0.07%
ITCI	C	0.07%
LAD	A	0.07%
BRBR	A	0.07%
ALSN	B	0.07%
RBC	A	0.07%
EHC	B	0.07%
PNFP	B	0.07%
DOX	D	0.07%
AYI	B	0.07%
RVMD	C	0.07%
REXR	F	0.07%
RGLD	C	0.07%
CACI	D	0.07%
ORI	A	0.07%
PRI	A	0.07%
PEN	B	0.07%
KNTK	B	0.07%
WING	D	0.07%
WMS	D	0.07%
AR	B	0.07%
CFLT	B	0.07%
DTM	B	0.07%
UWMC	D	0.07%
GNRC	B	0.07%
AAON	B	0.07%
WAL	B	0.07%
CR	A	0.07%
AIT	A	0.07%
HLNE	B	0.07%
MLI	C	0.07%
PCOR	B	0.07%
LBRDA	C	0.07%
EXP	A	0.07%
MKTX	D	0.07%
EXEL	B	0.07%
WCC	B	0.07%
OHI	C	0.07%
SEIC	B	0.07%
PAG	B	0.07%
COKE	C	0.07%
GTLB	B	0.07%
GME	C	0.07%
WBS	A	0.07%
TTEK	F	0.07%
BWXT	B	0.07%
WTRG	B	0.07%
CCK	C	0.07%
APG	B	0.07%
TREX	C	0.06%
NNN	D	0.06%
ONTO	D	0.06%
RLI	B	0.06%
BRKR	D	0.06%
BERY	B	0.06%
OLED	D	0.06%
PB	A	0.06%
INFA	D	0.06%
CHE	D	0.06%
TTC	D	0.06%
RRC	B	0.06%
SSB	B	0.06%
APPF	B	0.06%
MHK	D	0.06%
OGE	B	0.06%
CHRD	D	0.06%
EGP	F	0.06%
AUR	C	0.06%
FYBR	D	0.06%
DINO	D	0.06%
HESM	B	0.06%
HQY	B	0.06%
ENSG	D	0.06%
MTSI	B	0.06%
AXTA	A	0.06%
CRS	A	0.06%
PLNT	A	0.06%
GPK	C	0.06%
SUM	B	0.06%
ALTR	B	0.06%
WTFC	A	0.06%
FLR	B	0.06%
ROIV	C	0.06%
ZION	B	0.06%
DCI	B	0.06%
KNX	B	0.06%
FBIN	D	0.06%
CIEN	B	0.06%
FOUR	B	0.06%
CFR	B	0.06%
BRX	A	0.06%
S	B	0.06%
ENPH	F	0.06%
TPX	B	0.06%
ESTC	C	0.06%
CNM	D	0.06%
SITE	D	0.05%
AN	C	0.05%
AMKR	D	0.05%
COLD	D	0.05%
CGNX	C	0.05%
MTH	D	0.05%
SATS	D	0.05%
NUVL	D	0.05%
AGCO	D	0.05%
WFRD	D	0.05%
WSC	D	0.05%
GNTX	C	0.05%
STAG	F	0.05%
SPSC	C	0.05%
WTS	B	0.05%
CELH	F	0.05%
STWD	C	0.05%
ATI	D	0.05%
NPAB	B	0.05%
HCP	B	0.05%
PATH	C	0.05%
FCN	D	0.05%
FR	C	0.05%
MTN	C	0.05%
MSA	D	0.05%
LSCC	D	0.05%
WEX	D	0.05%
RHI	B	0.05%
AM	A	0.05%
GAP	C	0.05%
DLB	B	0.05%
TMHC	B	0.05%
JAZZ	B	0.05%
KBR	F	0.05%
BOKF	B	0.05%
MIDD	C	0.05%
SSD	D	0.05%
GKOS	B	0.05%
LPX	B	0.05%
MKSI	C	0.05%
ADC	B	0.05%
VNO	B	0.05%
FRPT	B	0.05%
AGNC	D	0.05%
RGEN	D	0.05%
G	B	0.05%
KEX	C	0.05%
U	C	0.05%
UFPI	B	0.05%
SAIC	F	0.04%
IBP	D	0.04%
ESNT	D	0.04%
LNTH	D	0.04%
TRNO	F	0.04%
ARW	D	0.04%
VKTX	F	0.04%
LSTR	D	0.04%
ELAN	D	0.04%
BFAM	D	0.04%
POST	C	0.04%
ACHC	F	0.03%
LCID	F	0.03%

PTL Underweight 185 Positions Relative to CSM

Symbol	Grade	Weight
NVDA	C	-4.99%
AAPL	C	-4.66%
MSFT	F	-4.32%
AMZN	C	-2.77%
META	D	-1.6%
GOOGL	C	-1.27%
GOOG	C	-1.02%
TSLA	B	-0.97%
BRK.A	B	-0.96%
LLY	F	-0.91%
CRM	B	-0.83%
JPM	A	-0.69%
MRK	F	-0.62%
INTU	C	-0.58%
GE	D	-0.57%
TMO	F	-0.55%
UNH	C	-0.52%
ADBE	C	-0.52%
TMUS	B	-0.5%
BMY	B	-0.49%
TJX	A	-0.48%
NFLX	A	-0.46%
VRTX	F	-0.46%
MCK	B	-0.45%
MU	D	-0.44%
TT	A	-0.43%
V	A	-0.43%
ETN	A	-0.42%
UAL	A	-0.42%
RCL	A	-0.42%
JNJ	D	-0.4%
CME	A	-0.4%
RJF	A	-0.4%
GM	B	-0.4%
PG	A	-0.4%
HWM	A	-0.39%
SYF	B	-0.39%
UBER	D	-0.39%
MA	C	-0.38%
ALL	A	-0.38%
CCL	B	-0.38%
NOC	D	-0.38%
CI	F	-0.38%
GRMN	B	-0.37%
LDOS	C	-0.37%
BDX	F	-0.37%
GDDY	A	-0.37%
KR	B	-0.36%
MCO	B	-0.36%
CBRE	B	-0.35%
ABBV	D	-0.35%
TROW	B	-0.35%
APD	A	-0.35%
CTSH	B	-0.35%
LYV	A	-0.35%
XEL	A	-0.35%
AVB	B	-0.35%
CDNS	B	-0.35%
NCLH	B	-0.35%
DUK	C	-0.34%
MTB	A	-0.34%
TAP	C	-0.34%
CAH	B	-0.34%
VICI	C	-0.33%
PNR	A	-0.33%
TGT	F	-0.33%
HIG	B	-0.33%
EIX	B	-0.32%
RL	B	-0.32%
PEP	F	-0.32%
COST	B	-0.32%
KMB	D	-0.32%
AIZ	A	-0.32%
BEN	C	-0.32%
ACGL	D	-0.3%
VTRS	A	-0.29%
PRU	A	-0.29%
HPQ	B	-0.29%
NTRS	A	-0.29%
BAC	A	-0.29%
A	D	-0.29%
IVZ	B	-0.29%
CRL	C	-0.28%
EMN	D	-0.28%
HBAN	A	-0.28%
STX	D	-0.28%
COF	B	-0.27%
EQIX	A	-0.26%
BBY	D	-0.26%
XYL	D	-0.26%
CNC	D	-0.26%
TXT	D	-0.26%
FOXA	B	-0.26%
WAB	B	-0.26%
SO	D	-0.26%
SWK	D	-0.25%
VRSN	F	-0.25%
PYPL	B	-0.25%
INTC	D	-0.25%
EG	C	-0.25%
MDT	D	-0.25%
HII	D	-0.24%
MET	A	-0.24%
WMT	A	-0.24%
GILD	C	-0.24%
CMCSA	B	-0.23%
OMC	C	-0.23%
PPG	F	-0.23%
MSI	B	-0.23%
TFX	F	-0.21%
AMAT	F	-0.21%
EL	F	-0.21%
CVS	D	-0.2%
EA	A	-0.2%
APTV	D	-0.2%
T	A	-0.2%
LMT	D	-0.2%
CFG	B	-0.19%
AES	F	-0.19%
CRWD	B	-0.19%
AKAM	D	-0.19%
PARA	C	-0.19%
SJM	D	-0.18%
MGM	D	-0.18%
BX	A	-0.18%
DFS	B	-0.18%
ADSK	A	-0.17%
LRCX	F	-0.17%
CE	F	-0.16%
TPR	B	-0.16%
ABNB	C	-0.16%
F	C	-0.15%
HCA	F	-0.15%
FITB	A	-0.15%
WBA	F	-0.15%
AMD	F	-0.15%
ZTS	D	-0.15%
WFC	A	-0.15%
NOW	A	-0.14%
BIIB	F	-0.14%
HES	B	-0.14%
WTW	B	-0.14%
BK	A	-0.13%
TDY	B	-0.13%
ORCL	B	-0.13%
IPG	D	-0.12%
PFE	D	-0.12%
KDP	D	-0.12%
KO	D	-0.12%
PSX	C	-0.12%
PFG	D	-0.11%
TRV	B	-0.11%
ALLE	D	-0.11%
KHC	F	-0.11%
CTVA	C	-0.1%
LKQ	D	-0.1%
DIS	B	-0.1%
DAY	B	-0.09%
CVX	A	-0.09%
MAR	B	-0.09%
LULU	C	-0.09%
FTV	C	-0.07%
FIS	C	-0.07%
EBAY	D	-0.07%
MTCH	D	-0.07%
ABT	B	-0.06%
CHD	B	-0.06%
HRL	D	-0.06%
CLX	B	-0.06%
VZ	C	-0.05%
ACN	C	-0.05%
DPZ	C	-0.05%
AMGN	D	-0.04%
PM	B	-0.04%
MMC	B	-0.04%
ROST	C	-0.04%
PTC	A	-0.04%
CSCO	B	-0.04%
WYNN	D	-0.04%
CMG	B	-0.04%
FDS	B	-0.04%
DHR	F	-0.03%
IBM	C	-0.03%
FMC	D	-0.03%
MCD	D	-0.03%