PTL vs. QRMI ETF Comparison

Comparison of Northern Lights Fund Trust IV Inspire 500 ETF (PTL) to Global X NASDAQ 100 Risk Managed Income ETF (QRMI)

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

$221.52

Average Daily Volume

6,352

Number of Holdings ^*

478

* may have additional holdings in another (foreign) market

QRMI

Global X NASDAQ 100 Risk Managed Income ETF

QRMI Description

Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$17.27

Average Daily Volume

8,252

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	PTL	QRMI
30 Days	2.04%	2.08%
60 Days	6.75%	3.77%
90 Days	10.09%	6.28%
12 Months		12.39%

42 Overlapping Holdings

Symbol	Grade	Weight in PTL	Weight in QRMI	Overlap
ADP	A	0.86%	0.81%	0.81%
ANSS	B	0.2%	0.19%	0.19%
AVGO	B	5.69%	5.43%	5.43%
BKR	B	0.28%	0.27%	0.27%
CDW	F	0.19%	0.18%	0.18%
CEG	D	0.42%	0.49%	0.42%
CPRT	B	0.36%	0.34%	0.34%
CSGP	D	0.24%	0.2%	0.2%
CSX	B	0.47%	0.46%	0.46%
CTAS	A	0.6%	0.58%	0.58%
DDOG	C	0.31%	0.26%	0.26%
DLTR	F	0.11%	0.09%	0.09%
DXCM	C	0.21%	0.18%	0.18%
EXC	D	0.27%	0.25%	0.25%
FANG	D	0.39%	0.35%	0.35%
FAST	B	0.32%	0.31%	0.31%
FTNT	A	0.42%	0.4%	0.4%
GEHC	D	0.28%	0.25%	0.25%
GFS	C	0.17%	0.17%	0.17%
IDXX	D	0.25%	0.23%	0.23%
ISRG	A	1.31%	1.19%	1.19%
KLAC	F	0.65%	0.61%	0.61%
LIN	D	1.54%	1.44%	1.44%
MCHP	F	0.29%	0.25%	0.25%
MDB	C	0.15%	0.14%	0.14%
MNST	B	0.38%	0.34%	0.34%
MRVL	B	0.56%	0.51%	0.51%
ODFL	B	0.33%	0.33%	0.33%
ON	D	0.22%	0.21%	0.21%
ORLY	A	0.47%	0.48%	0.47%
PANW	A	0.85%	0.81%	0.81%
PAYX	B	0.36%	0.34%	0.34%
PCAR	B	0.41%	0.39%	0.39%
QCOM	F	1.36%	1.25%	1.25%
REGN	F	0.72%	0.57%	0.57%
ROP	B	0.42%	0.41%	0.41%
SMCI	F	0.12%	0.09%	0.09%
SNPS	B	0.59%	0.56%	0.56%
TTD	A	0.43%	0.36%	0.36%
TTWO	A	0.21%	0.19%	0.19%
VRSK	A	0.28%	0.26%	0.26%
ZS	B	0.21%	0.2%	0.2%

PTL Overweight 436 Positions Relative to QRMI

Symbol	Grade	Weight
XOM	B	3.78%
HD	B	2.75%
CAT	B	1.25%
NEE	D	1.13%
LOW	B	1.06%
PGR	B	1.05%
ANET	C	0.9%
PLTR	B	0.82%
UPS	D	0.8%
PLD	F	0.78%
ELV	F	0.72%
SHW	B	0.68%
ICE	D	0.64%
APH	B	0.61%
WM	A	0.61%
GEV	B	0.59%
PH	B	0.59%
WELL	B	0.58%
SCCO	D	0.58%
FDX	B	0.54%
EOG	B	0.51%
EMR	A	0.47%
IBKR	A	0.45%
RSG	A	0.45%
FCX	F	0.44%
OKE	A	0.43%
DHI	D	0.42%
SLB	D	0.42%
PSA	D	0.42%
DLR	B	0.42%
AFL	C	0.41%
NSC	B	0.41%
APP	A	0.4%
SPG	B	0.4%
KMI	A	0.39%
NEM	F	0.38%
URI	B	0.37%
AZO	C	0.36%
CPNG	C	0.35%
FICO	A	0.35%
AIG	C	0.35%
LEN	D	0.35%
OXY	F	0.34%
COIN	B	0.34%
CVNA	B	0.33%
CCI	F	0.33%
COR	A	0.33%
LNG	B	0.32%
KVUE	A	0.32%
PWR	B	0.32%
MSCI	B	0.32%
PCG	A	0.31%
VLO	D	0.31%
EW	F	0.3%
AME	A	0.3%
MSTR	A	0.29%
IQV	F	0.29%
TRGP	A	0.29%
SNOW	C	0.28%
IR	A	0.28%
PEG	D	0.28%
VRT	B	0.28%
SYY	B	0.26%
VEEV	B	0.26%
RMD	B	0.26%
VMC	B	0.26%
EXR	D	0.26%
MLM	B	0.26%
MPWR	F	0.26%
OTIS	D	0.26%
EFX	D	0.25%
DAL	A	0.25%
YUM	B	0.25%
RKT	D	0.24%
ED	D	0.24%
NUE	C	0.24%
VST	B	0.23%
ETR	B	0.22%
NET	C	0.22%
BRO	A	0.22%
FCNCA	B	0.21%
OWL	B	0.21%
TPL	A	0.21%
WEC	B	0.21%
AWK	D	0.2%
LYB	F	0.2%
TW	B	0.2%
PHM	D	0.2%
NVR	D	0.2%
EQR	D	0.2%
TSCO	D	0.2%
MTD	F	0.2%
TYL	B	0.19%
DVN	F	0.19%
VTR	C	0.19%
HAL	D	0.19%
DOV	A	0.19%
KEYS	B	0.19%
IOT	B	0.19%
DTE	D	0.18%
DECK	B	0.18%
IFF	F	0.18%
VLTO	D	0.18%
ADM	F	0.18%
WY	F	0.17%
HUBB	B	0.17%
ROL	B	0.17%
NTAP	C	0.17%
FE	D	0.17%
SBAC	D	0.17%
WST	C	0.17%
RF	A	0.16%
EME	B	0.16%
CINF	A	0.16%
ES	F	0.16%
TSN	C	0.16%
WDC	D	0.16%
STE	F	0.16%
AEE	A	0.16%
WRB	B	0.16%
CBOE	D	0.16%
FSLR	F	0.16%
LII	B	0.16%
CPAY	A	0.16%
CMS	D	0.15%
INVH	D	0.15%
MKL	A	0.15%
IP	B	0.15%
PKG	B	0.15%
ARE	F	0.15%
ATO	A	0.15%
ERIE	F	0.15%
MKC	D	0.15%
BLDR	D	0.15%
BAX	F	0.14%
JBHT	B	0.14%
LH	B	0.14%
CSL	C	0.14%
ESS	C	0.14%
STLD	B	0.14%
WSO	A	0.14%
MOH	F	0.14%
TKO	D	0.14%
XPO	B	0.13%
MAS	D	0.13%
SUI	F	0.13%
SSNC	C	0.13%
DG	F	0.13%
CNP	B	0.13%
HOLX	D	0.13%
MAA	C	0.13%
ALGN	D	0.12%
GPC	D	0.12%
OC	B	0.12%
NWSA	B	0.12%
MRO	B	0.12%
RPRX	F	0.12%
UTHR	B	0.12%
EXPD	F	0.12%
TOST	A	0.12%
WSM	F	0.12%
BSY	D	0.12%
IEX	B	0.12%
WLK	F	0.12%
AFRM	A	0.12%
SMMT	D	0.12%
J	B	0.12%
NTNX	B	0.12%
NRG	B	0.12%
CTRA	C	0.12%
CRBG	C	0.12%
PODD	B	0.12%
RPM	B	0.12%
RYAN	B	0.12%
GEN	A	0.12%
L	B	0.12%
SNA	A	0.12%
TER	D	0.12%
GWRE	A	0.11%
INCY	B	0.11%
UHS	D	0.11%
CF	B	0.11%
UI	A	0.11%
DOC	C	0.11%
NI	A	0.11%
TOL	B	0.11%
RVTY	C	0.11%
USFD	A	0.11%
RS	B	0.11%
ENTG	D	0.11%
MANH	C	0.11%
THC	B	0.11%
DT	C	0.11%
SOLV	C	0.1%
CLH	B	0.1%
CW	B	0.1%
LAMR	D	0.1%
JKHY	C	0.1%
FFIV	B	0.1%
JBL	B	0.1%
AMH	D	0.1%
JEF	B	0.1%
ELS	C	0.1%
EWBC	A	0.1%
UHAL	C	0.1%
REG	B	0.1%
PCVX	D	0.1%
DOCU	A	0.1%
EVRG	A	0.1%
AGR	C	0.1%
CHWY	B	0.1%
GGG	B	0.1%
COHR	B	0.1%
FLEX	B	0.1%
CAG	F	0.1%
FIX	B	0.1%
POOL	D	0.1%
SAIA	B	0.1%
RGA	A	0.1%
SWKS	F	0.1%
CASY	A	0.1%
NDSN	B	0.1%
CPB	F	0.1%
UDR	D	0.1%
TRMB	B	0.1%
HLI	B	0.09%
TXRH	B	0.09%
CACI	B	0.09%
BG	D	0.09%
INSM	D	0.09%
DVA	C	0.09%
SCI	B	0.09%
WPC	F	0.09%
PFGC	B	0.09%
SN	D	0.09%
OKTA	C	0.09%
JNPR	C	0.09%
CPT	C	0.09%
NBIX	C	0.09%
HST	C	0.09%
SFM	B	0.09%
PAYC	B	0.09%
ENPH	F	0.09%
BXP	D	0.09%
EDR	C	0.09%
TTEK	C	0.09%
SF	A	0.08%
OHI	B	0.08%
EVR	B	0.08%
UWMC	F	0.08%
MTZ	B	0.08%
ACI	C	0.08%
MKTX	C	0.08%
BIO	C	0.08%
AFG	B	0.08%
LBRDA	B	0.08%
PCTY	A	0.08%
WTRG	B	0.08%
EPAM	C	0.08%
ALB	C	0.08%
ATR	A	0.08%
CUBE	D	0.08%
CCK	B	0.08%
OVV	C	0.08%
LECO	B	0.08%
FND	F	0.08%
ITT	A	0.08%
MEDP	D	0.08%
BJ	B	0.08%
CHRW	B	0.08%
LW	C	0.08%
PR	B	0.08%
RRX	C	0.08%
BLD	F	0.08%
KMX	C	0.08%
PPC	B	0.08%
WMS	F	0.08%
WING	D	0.07%
ORI	A	0.07%
APA	F	0.07%
BRKR	F	0.07%
CFLT	B	0.07%
ENSG	C	0.07%
PRI	A	0.07%
FLR	C	0.07%
CNM	D	0.07%
HLNE	B	0.07%
MLI	B	0.07%
CR	B	0.07%
WAL	B	0.07%
GTLB	C	0.07%
PEN	B	0.07%
BWXT	A	0.07%
WCC	B	0.07%
FRT	C	0.07%
GL	B	0.07%
AYI	A	0.07%
RVMD	B	0.07%
FHN	B	0.07%
PCOR	B	0.07%
RGLD	C	0.07%
ITCI	B	0.07%
EHC	B	0.07%
KNSL	C	0.07%
PNW	B	0.07%
COKE	D	0.07%
SEIC	A	0.07%
REXR	F	0.07%
GMED	B	0.07%
GNRC	B	0.07%
EXP	B	0.07%
MUSA	B	0.07%
AA	C	0.07%
PAG	C	0.07%
DOX	A	0.07%
AOS	F	0.07%
EXEL	B	0.07%
FBIN	F	0.07%
APG	B	0.07%
NNN	F	0.06%
UFPI	B	0.06%
GAP	C	0.06%
WTFC	A	0.06%
CRS	B	0.06%
CHE	D	0.06%
SSB	B	0.06%
U	D	0.06%
CELH	F	0.06%
APPF	B	0.06%
ZION	B	0.06%
AR	B	0.06%
MTSI	B	0.06%
FOUR	B	0.06%
LNTH	F	0.06%
INFA	D	0.06%
VNO	C	0.06%
KNTK	B	0.06%
OGE	B	0.06%
DINO	D	0.06%
RGEN	D	0.06%
TREX	C	0.06%
HESM	D	0.06%
CHRD	F	0.06%
PNFP	B	0.06%
CFR	B	0.06%
RBC	B	0.06%
TTC	D	0.06%
GME	C	0.06%
ONTO	F	0.06%
BRBR	A	0.06%
AAON	B	0.06%
TPX	C	0.06%
AXTA	B	0.06%
ESTC	C	0.06%
SUM	B	0.06%
EGP	D	0.06%
BRX	B	0.06%
S	B	0.06%
GPK	D	0.06%
FYBR	D	0.06%
KNX	B	0.06%
OLED	F	0.06%
KBR	B	0.06%
MHK	D	0.06%
ALTR	C	0.06%
DTM	A	0.06%
LAD	B	0.06%
CIEN	B	0.06%
AIT	A	0.06%
WBS	B	0.06%
ROIV	D	0.06%
ALSN	B	0.06%
DCI	A	0.06%
AN	D	0.05%
POST	D	0.05%
ATI	D	0.05%
SPSC	D	0.05%
AGCO	F	0.05%
IBP	F	0.05%
WFRD	D	0.05%
WTS	B	0.05%
DLB	C	0.05%
BFAM	F	0.05%
NUVL	D	0.05%
CGNX	B	0.05%
AMKR	F	0.05%
MTN	D	0.05%
PATH	C	0.05%
SITE	C	0.05%
G	B	0.05%
QRVO	F	0.05%
GKOS	A	0.05%
STWD	D	0.05%
RHI	B	0.05%
JAZZ	B	0.05%
AM	B	0.05%
WEX	D	0.05%
SATS	C	0.05%
MSA	D	0.05%
BOKF	B	0.05%
HCP	A	0.05%
GNTX	C	0.05%
STAG	F	0.05%
FCN	D	0.05%
MTH	D	0.05%
KEX	A	0.05%
PLNT	B	0.05%
FR	D	0.05%
SAIC	B	0.05%
MKSI	D	0.05%
NPAB	F	0.05%
LSCC	C	0.05%
RLI	A	0.05%
PB	A	0.05%
BWA	B	0.05%
RRC	B	0.05%
WSC	F	0.05%
ADC	B	0.05%
AUR	C	0.05%
LPX	A	0.05%
HQY	A	0.05%
BERY	C	0.05%
COLD	F	0.05%
MIDD	C	0.05%
TMHC	C	0.05%
AGNC	D	0.05%
FRPT	B	0.05%
VKTX	D	0.05%
SSD	D	0.05%
ACHC	F	0.04%
LCID	F	0.04%
ESNT	D	0.04%
ELAN	D	0.04%
TRNO	D	0.04%
LSTR	B	0.04%
ARW	F	0.04%

PTL Underweight 59 Positions Relative to QRMI

Symbol	Grade	Weight
NVDA	A	-9.03%
AAPL	D	-8.56%
MSFT	C	-7.89%
AMZN	B	-5.49%
META	B	-5.02%
TSLA	B	-3.52%
GOOGL	B	-2.61%
COST	B	-2.6%
GOOG	B	-2.51%
NFLX	A	-2.18%
TMUS	A	-1.76%
AMD	F	-1.53%
CSCO	A	-1.52%
PEP	F	-1.47%
ADBE	C	-1.46%
TXN	B	-1.28%
INTU	A	-1.18%
CMCSA	B	-1.13%
AMGN	F	-1.12%
BKNG	A	-1.07%
AMAT	F	-1.0%
HON	B	-0.91%
VRTX	B	-0.83%
MU	C	-0.8%
GILD	B	-0.74%
ADI	D	-0.73%
MELI	D	-0.71%
SBUX	B	-0.71%
INTC	C	-0.69%
LRCX	F	-0.65%
MDLZ	F	-0.57%
PYPL	B	-0.54%
CDNS	B	-0.54%
MAR	A	-0.52%
PDD	F	-0.52%
CRWD	B	-0.5%
ADSK	B	-0.43%
DASH	A	-0.42%
ABNB	C	-0.41%
ASML	F	-0.41%
CHTR	B	-0.39%
NXPI	F	-0.39%
WDAY	B	-0.36%
AEP	D	-0.33%
ROST	F	-0.3%
KDP	D	-0.29%
EA	A	-0.27%
KHC	F	-0.26%
CTSH	A	-0.25%
XEL	A	-0.24%
AZN	F	-0.24%
TEAM	B	-0.24%
LULU	C	-0.24%
CCEP	D	-0.23%
BIIB	F	-0.17%
ILMN	C	-0.16%
WBD	C	-0.14%
MRNA	F	-0.13%
ARM	C	-0.12%