TXS vs. WOMN ETF Comparison

Comparison of Texas Capital Texas Equity Index ETF (TXS) to Impact Shares YWCA Womenas Empowerment ETF (WOMN)

TXS

Texas Capital Texas Equity Index ETF

TXS Description

TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$34.85

Average Daily Volume

2,979

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

WOMN

Impact Shares YWCA Womenas Empowerment ETF

WOMN Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar® Women's Empowerment Index (the "underlying index"). The fund will, under normal circumstances, invest at least 80% of its total assets plus any borrowings for investment purposes (the "80% basket") in component securities of the underlying index. The underlying index is designed to measure the performance of U.S. large and mid- capitalization companies that are "empowering to women," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index (the "parent index"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.12

Average Daily Volume

1,909

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

Performance

Period	TXS	WOMN
30 Days	11.32%	3.83%
60 Days	12.85%	4.40%
90 Days	15.08%	6.50%
12 Months	43.31%	27.85%

17 Overlapping Holdings

Symbol	Grade	Weight in TXS	Weight in WOMN	Overlap
BKR	B	0.61%	0.17%	0.17%
CBRE	B	2.56%	0.16%	0.16%
CE	F	0.05%	0.06%	0.05%
CNP	B	0.35%	0.08%	0.08%
COP	C	1.95%	0.65%	0.65%
HPE	B	0.16%	0.19%	0.16%
INVH	D	1.23%	0.09%	0.09%
KMB	D	0.28%	0.22%	0.22%
LUV	C	0.69%	0.07%	0.07%
MTCH	D	0.06%	0.04%	0.04%
OXY	D	0.51%	0.17%	0.17%
PSX	C	0.32%	0.26%	0.26%
SCI	B	1.85%	0.11%	0.11%
TYL	B	1.31%	0.22%	0.22%
VST	B	0.84%	0.14%	0.14%
WM	A	3.35%	0.37%	0.37%
XOM	B	3.28%	2.53%	2.53%

TXS Overweight 180 Positions Relative to WOMN

Symbol	Grade	Weight
TSLA	B	5.5%
THC	D	4.2%
CRWD	B	4.06%
SCHW	B	4.06%
DLR	B	4.02%
MCK	B	3.82%
CCI	D	2.93%
GME	C	2.92%
LNG	B	2.46%
ORCL	B	2.37%
TPL	A	1.96%
KMI	A	1.89%
SYY	B	1.88%
DHI	D	1.86%
PWR	A	1.84%
WING	D	1.64%
GPI	A	1.58%
TRGP	B	1.43%
T	A	1.31%
RUSHA	C	1.23%
EOG	A	1.14%
TXN	C	1.13%
CAT	B	1.09%
J	F	0.96%
ASO	F	0.95%
SLB	C	0.92%
EAT	A	0.91%
CPT	B	0.81%
ACM	A	0.78%
PLAY	D	0.71%
FIX	A	0.63%
ADUS	D	0.62%
FLR	B	0.48%
FANG	D	0.47%
KBR	F	0.42%
CPRT	A	0.41%
SBH	C	0.4%
USPH	B	0.39%
HAL	C	0.39%
ATO	A	0.39%
AAL	B	0.33%
GL	B	0.31%
NRG	B	0.31%
CRBG	B	0.31%
CMA	A	0.3%
CFR	B	0.27%
CTRA	B	0.27%
HHH	B	0.27%
KEX	C	0.26%
VLO	C	0.26%
PB	A	0.24%
MRO	B	0.23%
STRL	B	0.22%
DELL	C	0.21%
COOP	B	0.2%
IESC	B	0.2%
TPG	A	0.19%
PRIM	A	0.16%
PR	B	0.14%
FFIN	B	0.14%
AGL	F	0.14%
NSP	D	0.14%
XPEL	C	0.14%
LII	A	0.13%
BLDR	D	0.13%
GRBK	D	0.12%
CHRD	D	0.12%
RRC	B	0.12%
IBOC	A	0.12%
APA	D	0.12%
OMCL	C	0.11%
NTRA	B	0.11%
LUNR	B	0.1%
MTDR	B	0.1%
LGIH	D	0.09%
WFRD	D	0.09%
GSHD	A	0.09%
KNTK	B	0.09%
AAOI	B	0.09%
VCTR	B	0.09%
POWL	C	0.08%
DNOW	B	0.08%
USLM	A	0.08%
NTST	D	0.08%
STC	B	0.07%
RICK	C	0.07%
EE	A	0.07%
MUR	D	0.07%
TFIN	A	0.07%
NXRT	B	0.07%
ANET	C	0.07%
FYBR	D	0.07%
MGY	A	0.07%
ACA	A	0.07%
CSV	B	0.07%
IBTX	B	0.07%
DAR	C	0.06%
BMBL	C	0.06%
OIS	C	0.06%
SABR	C	0.06%
CSWI	A	0.06%
PX	A	0.06%
FFWM	C	0.06%
MRC	B	0.06%
SKWD	A	0.06%
FLS	B	0.06%
WTTR	B	0.06%
GLDD	B	0.06%
TH	C	0.06%
CRGY	B	0.06%
PRO	C	0.06%
TTI	C	0.06%
CRK	B	0.06%
QTWO	A	0.06%
EXP	A	0.06%
SAVA	D	0.06%
XPRO	F	0.06%
UEC	B	0.06%
DXPE	B	0.06%
YETI	C	0.05%
INN	D	0.05%
HTH	B	0.05%
PTEN	C	0.05%
DINO	D	0.05%
CECO	A	0.05%
TALO	C	0.05%
ATI	D	0.05%
GDOT	D	0.05%
NXST	C	0.05%
BIGC	C	0.05%
THR	B	0.05%
HLX	B	0.05%
GRNT	B	0.05%
PUMP	B	0.05%
SWI	B	0.05%
ITGR	B	0.05%
HESM	B	0.05%
CHX	C	0.05%
VTOL	B	0.05%
EZPW	A	0.05%
AZZ	B	0.05%
WSR	A	0.05%
SBSI	B	0.05%
CNK	B	0.05%
TASK	C	0.05%
UPBD	B	0.05%
ALG	B	0.05%
NX	C	0.05%
WHD	B	0.05%
OII	B	0.05%
CMC	B	0.05%
ALKT	B	0.05%
VBTX	B	0.05%
AROC	B	0.05%
TRN	C	0.05%
APLD	A	0.05%
THRY	F	0.04%
BRY	F	0.04%
DIOD	D	0.04%
CVI	F	0.04%
TSHA	C	0.04%
TDW	F	0.04%
CSTL	D	0.04%
VITL	D	0.04%
HUN	F	0.04%
WLK	D	0.04%
SLAB	D	0.04%
PARR	D	0.04%
FOR	F	0.04%
EGY	D	0.04%
NR	B	0.04%
NOV	C	0.04%
AESI	B	0.04%
LXRX	F	0.03%
ETWO	F	0.03%
SVRA	D	0.03%
CRUS	D	0.03%
AMN	F	0.03%
APPS	F	0.02%
NOVA	F	0.01%

TXS Underweight 181 Positions Relative to WOMN

Symbol	Grade	Weight
AAPL	C	-5.02%
META	D	-4.85%
AMZN	C	-4.47%
LLY	F	-3.49%
MSFT	F	-2.49%
UNH	C	-2.47%
CRM	B	-2.27%
ADBE	C	-2.23%
MCD	D	-2.04%
V	A	-1.94%
CSCO	B	-1.92%
ACN	C	-1.9%
PG	A	-1.82%
JNJ	D	-1.82%
MA	C	-1.77%
IBM	C	-1.64%
INTU	C	-1.56%
ABBV	D	-1.55%
NOW	A	-1.42%
CVX	A	-1.31%
MRK	F	-1.3%
KO	D	-1.25%
BAC	A	-1.25%
UBER	D	-1.22%
PEP	F	-1.17%
SBUX	A	-1.03%
WFC	A	-0.95%
GE	D	-0.88%
AMGN	D	-0.82%
VZ	C	-0.82%
INTC	D	-0.81%
WMT	A	-0.73%
NFLX	A	-0.72%
UNP	C	-0.71%
SPGI	C	-0.7%
AXP	A	-0.7%
PGR	A	-0.67%
MSI	B	-0.63%
MS	A	-0.6%
BLK	C	-0.6%
ELV	F	-0.59%
ETN	A	-0.59%
C	A	-0.56%
REGN	F	-0.55%
VRTX	F	-0.54%
WDAY	B	-0.51%
CI	F	-0.5%
ADP	B	-0.5%
GM	B	-0.49%
AMT	D	-0.49%
MDLZ	F	-0.47%
F	C	-0.46%
GILD	C	-0.46%
ADSK	A	-0.45%
TEL	B	-0.43%
BMY	B	-0.43%
UPS	C	-0.43%
TT	A	-0.39%
EQIX	A	-0.39%
CL	D	-0.39%
TGT	F	-0.36%
HPQ	B	-0.36%
MPWR	F	-0.36%
TMUS	B	-0.36%
YUM	B	-0.36%
USB	A	-0.35%
PYPL	B	-0.34%
MMM	D	-0.33%
WELL	A	-0.33%
MCO	B	-0.33%
LULU	C	-0.29%
EBAY	D	-0.29%
DECK	A	-0.28%
EMR	A	-0.28%
APD	A	-0.27%
ECL	D	-0.27%
CARR	D	-0.26%
HUBS	A	-0.26%
NEM	D	-0.26%
NSC	B	-0.25%
KEYS	A	-0.25%
ANSS	B	-0.25%
FTV	C	-0.24%
AIG	B	-0.24%
WMB	A	-0.24%
COF	B	-0.24%
D	C	-0.23%
SRE	A	-0.23%
AEP	D	-0.23%
MET	A	-0.22%
JCI	C	-0.22%
BK	A	-0.22%
AMP	A	-0.21%
ALL	A	-0.21%
CMI	A	-0.2%
RSG	A	-0.19%
EXC	C	-0.19%
GIS	D	-0.19%
GWW	B	-0.19%
PRU	A	-0.19%
PEG	A	-0.18%
CTVA	C	-0.18%
PCG	A	-0.18%
PAYX	C	-0.18%
VRSK	A	-0.17%
KR	B	-0.17%
DOW	F	-0.17%
DASH	A	-0.17%
BBY	D	-0.16%
KHC	F	-0.16%
HIG	B	-0.16%
ED	D	-0.16%
EA	A	-0.16%
IR	B	-0.16%
EIX	B	-0.15%
IRM	D	-0.15%
ADM	D	-0.15%
DD	D	-0.15%
XYL	D	-0.15%
EXPE	B	-0.15%
WSM	B	-0.15%
GPN	B	-0.14%
ROK	B	-0.14%
OKTA	C	-0.14%
CAH	B	-0.13%
HSY	F	-0.13%
A	D	-0.13%
FITB	A	-0.13%
WTW	B	-0.13%
BIIB	F	-0.13%
PPG	F	-0.13%
IFF	D	-0.12%
ETR	B	-0.12%
DAL	C	-0.12%
VTR	C	-0.11%
EL	F	-0.11%
STT	A	-0.11%
TROW	B	-0.11%
CHD	B	-0.11%
AWK	D	-0.11%
RF	A	-0.1%
RJF	A	-0.1%
PPL	B	-0.1%
CMS	C	-0.09%
SYF	B	-0.09%
BAX	D	-0.09%
OMC	C	-0.09%
BAH	F	-0.09%
K	A	-0.09%
HBAN	A	-0.09%
BMRN	D	-0.08%
KEY	B	-0.08%
DAY	B	-0.08%
PFG	D	-0.08%
PINS	D	-0.08%
NTRS	A	-0.08%
ESS	B	-0.08%
TRU	D	-0.08%
CLX	B	-0.08%
SWK	D	-0.07%
CAG	D	-0.07%
LNT	A	-0.07%
OC	A	-0.07%
DOC	D	-0.07%
HST	C	-0.06%
IPG	D	-0.06%
SJM	D	-0.06%
NI	A	-0.06%
ETSY	D	-0.06%
PNR	A	-0.06%
TAP	C	-0.05%
CPB	D	-0.05%
REXR	F	-0.05%
ALB	C	-0.05%
ELS	C	-0.05%
Z	A	-0.04%
CFG	B	-0.04%
PNW	B	-0.04%
RHI	B	-0.03%
AGR	B	-0.01%
ZG	A	-0.01%