WOMN vs. HLAL ETF Comparison

Comparison of Impact Shares YWCA Womenas Empowerment ETF (WOMN) to Wahed FTSE USA Shariah ETF (HLAL)

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

$38.57

Average Daily Volume

4,050

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

HLAL

Wahed FTSE USA Shariah ETF

HLAL Description

The investment seeks to track the total return performance, before fees and expenses, of the FTSE USA Shariah Index. The index is composed of common stocks of large and mid-capitalization U.S. companies the characteristics of which meet the requirements of the Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.05

Average Daily Volume

69,757

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	WOMN	HLAL
30 Days	3.06%	2.12%
60 Days	5.90%	2.04%
90 Days	7.40%	3.07%
12 Months	26.83%	23.14%

68 Overlapping Holdings

Symbol	Grade	Weight in WOMN	Weight in HLAL	Overlap
A	C	0.13%	0.18%	0.13%
AAPL	C	5.02%	14.72%	5.02%
ADBE	F	2.23%	1.11%	1.11%
ADM	D	0.15%	0.14%	0.14%
ADP	B	0.5%	0.53%	0.5%
ADSK	C	0.45%	0.26%	0.26%
AGR	B	0.01%	0.01%	0.01%
ALB	D	0.05%	0.04%	0.04%
ANSS	D	0.25%	0.12%	0.12%
APD	B	0.27%	0.29%	0.27%
BIIB	F	0.13%	0.13%	0.13%
BKR	C	0.17%	0.16%	0.16%
BMRN	F	0.08%	0.07%	0.07%
CAH	C	0.13%	0.13%	0.13%
CHD	D	0.11%	0.12%	0.11%
CMI	C	0.2%	0.19%	0.19%
COP	D	0.65%	0.57%	0.57%
CRM	D	2.27%	1.15%	1.15%
CSCO	C	1.92%	0.94%	0.94%
CTVA	B	0.18%	0.18%	0.18%
CVX	D	1.31%	1.14%	1.14%
DAL	C	0.12%	0.03%	0.03%
DAY	D	0.08%	0.04%	0.04%
DD	B	0.15%	0.16%	0.15%
DOW	D	0.17%	0.16%	0.16%
EA	D	0.16%	0.18%	0.16%
EL	F	0.11%	0.09%	0.09%
EMR	D	0.28%	0.26%	0.26%
FTV	C	0.24%	0.12%	0.12%
GILD	B	0.46%	0.52%	0.46%
GWW	B	0.19%	0.19%	0.19%
HPQ	D	0.36%	0.15%	0.15%
IFF	B	0.12%	0.12%	0.12%
INTC	F	0.81%	0.39%	0.39%
IPG	C	0.06%	0.05%	0.05%
IR	C	0.16%	0.17%	0.16%
JCI	B	0.22%	0.22%	0.22%
JNJ	C	1.82%	1.87%	1.82%
KO	C	1.25%	1.27%	1.25%
LULU	D	0.29%	0.15%	0.15%
LUV	C	0.07%	0.02%	0.02%
MDLZ	B	0.47%	0.46%	0.46%
META	B	4.85%	5.32%	4.85%
MMM	B	0.33%	0.34%	0.33%
MRK	D	1.3%	1.37%	1.3%
MSFT	C	2.49%	14.75%	2.49%
NEM	B	0.26%	0.29%	0.26%
NOW	B	1.42%	0.84%	0.84%
OKTA	F	0.14%	0.05%	0.05%
OMC	B	0.09%	0.09%	0.09%
OXY	F	0.17%	0.15%	0.15%
PG	C	1.82%	1.88%	1.82%
PNR	B	0.06%	0.07%	0.06%
PPG	D	0.13%	0.14%	0.13%
PSX	F	0.26%	0.25%	0.25%
REGN	C	0.55%	0.54%	0.54%
RHI	D	0.03%	0.03%	0.03%
ROK	D	0.14%	0.14%	0.14%
SWK	B	0.07%	0.07%	0.07%
TEL	D	0.43%	0.2%	0.2%
TT	B	0.39%	0.37%	0.37%
TYL	C	0.22%	0.11%	0.11%
UBER	C	1.22%	0.67%	0.67%
UPS	D	0.43%	0.44%	0.43%
VST	C	0.14%	0.13%	0.13%
WELL	C	0.33%	0.35%	0.33%
XOM	C	2.53%	2.35%	2.35%
XYL	C	0.15%	0.14%	0.14%

WOMN Overweight 130 Positions Relative to HLAL

Symbol	Grade	Weight
AMZN	C	4.47%
LLY	C	3.49%
UNH	C	2.47%
MCD	B	2.04%
V	C	1.94%
ACN	C	1.9%
MA	B	1.77%
IBM	B	1.64%
INTU	C	1.56%
ABBV	C	1.55%
BAC	D	1.25%
PEP	C	1.17%
SBUX	C	1.03%
WFC	D	0.95%
GE	B	0.88%
AMGN	B	0.82%
VZ	B	0.82%
WMT	C	0.73%
NFLX	B	0.72%
UNP	C	0.71%
SPGI	B	0.7%
AXP	B	0.7%
PGR	B	0.67%
MSI	B	0.63%
MS	D	0.6%
BLK	B	0.6%
ELV	C	0.59%
ETN	C	0.59%
C	C	0.56%
VRTX	D	0.54%
WDAY	D	0.51%
CI	C	0.5%
GM	C	0.49%
AMT	C	0.49%
F	F	0.46%
BMY	C	0.43%
EQIX	C	0.39%
CL	D	0.39%
WM	D	0.37%
TGT	C	0.36%
MPWR	C	0.36%
TMUS	C	0.36%
YUM	D	0.36%
USB	B	0.35%
PYPL	B	0.34%
MCO	B	0.33%
EBAY	B	0.29%
DECK	C	0.28%
ECL	B	0.27%
CARR	B	0.26%
HUBS	D	0.26%
NSC	C	0.25%
KEYS	C	0.25%
AIG	D	0.24%
WMB	B	0.24%
COF	B	0.24%
D	C	0.23%
SRE	C	0.23%
AEP	C	0.23%
KMB	D	0.22%
MET	B	0.22%
BK	B	0.22%
AMP	A	0.21%
ALL	B	0.21%
RSG	D	0.19%
EXC	C	0.19%
GIS	B	0.19%
PRU	C	0.19%
HPE	D	0.19%
PEG	B	0.18%
PCG	C	0.18%
PAYX	C	0.18%
VRSK	D	0.17%
KR	C	0.17%
DASH	C	0.17%
BBY	C	0.16%
KHC	C	0.16%
HIG	B	0.16%
ED	C	0.16%
CBRE	A	0.16%
EIX	C	0.15%
IRM	C	0.15%
EXPE	C	0.15%
WSM	D	0.15%
GPN	D	0.14%
HSY	C	0.13%
FITB	B	0.13%
WTW	C	0.13%
ETR	B	0.12%
VTR	C	0.11%
SCI	B	0.11%
STT	A	0.11%
TROW	D	0.11%
AWK	B	0.11%
RF	B	0.1%
RJF	C	0.1%
PPL	C	0.1%
CMS	C	0.09%
SYF	C	0.09%
BAX	C	0.09%
BAH	C	0.09%
INVH	C	0.09%
K	B	0.09%
HBAN	B	0.09%
CNP	C	0.08%
KEY	B	0.08%
PFG	B	0.08%
PINS	F	0.08%
NTRS	A	0.08%
ESS	B	0.08%
TRU	B	0.08%
CLX	C	0.08%
CAG	C	0.07%
LNT	B	0.07%
OC	D	0.07%
DOC	C	0.07%
HST	C	0.06%
SJM	C	0.06%
CE	F	0.06%
NI	B	0.06%
ETSY	F	0.06%
TAP	D	0.05%
CPB	C	0.05%
REXR	C	0.05%
ELS	C	0.05%
Z	B	0.04%
CFG	C	0.04%
PNW	C	0.04%
MTCH	C	0.04%
ZG	B	0.01%

WOMN Underweight 142 Positions Relative to HLAL

Symbol	Grade	Weight
GOOGL	D	-4.3%
GOOG	D	-3.62%
TSLA	C	-2.9%
AMD	D	-1.18%
TMO	B	-1.05%
LIN	B	-1.04%
ABT	C	-0.95%
QCOM	D	-0.82%
TXN	C	-0.82%
DHR	B	-0.81%
ISRG	B	-0.77%
PFE	C	-0.77%
AMAT	D	-0.7%
TJX	B	-0.63%
SYK	C	-0.6%
BSX	B	-0.56%
PLD	C	-0.55%
MDT	C	-0.55%
ADI	C	-0.5%
PANW	D	-0.48%
KLAC	D	-0.45%
LRCX	F	-0.45%
MU	F	-0.44%
NKE	D	-0.44%
SNPS	D	-0.34%
CDNS	D	-0.33%
CTAS	B	-0.32%
MCK	F	-0.31%
BDX	D	-0.31%
FDX	C	-0.3%
MRVL	C	-0.29%
CEG	C	-0.28%
DHI	B	-0.27%
MPC	F	-0.27%
SLB	F	-0.27%
ROP	C	-0.27%
GEV	B	-0.27%
NXPI	F	-0.26%
ROST	C	-0.23%
PCAR	D	-0.22%
LEN	B	-0.21%
VLO	F	-0.2%
EW	F	-0.19%
ODFL	D	-0.18%
PWR	B	-0.18%
IT	B	-0.18%
FAST	C	-0.18%
KDP	B	-0.18%
IDXX	C	-0.18%
RMD	C	-0.17%
HES	F	-0.17%
GEHC	C	-0.17%
NUE	F	-0.16%
GLW	C	-0.15%
ON	D	-0.14%
TSCO	C	-0.14%
VMC	D	-0.14%
MLM	D	-0.14%
FANG	D	-0.14%
PHM	B	-0.13%
WAB	B	-0.13%
VLTO	C	-0.12%
DVN	F	-0.12%
TTWO	C	-0.12%
DOV	B	-0.12%
GRMN	D	-0.12%
WY	C	-0.11%
STE	C	-0.11%
LYB	D	-0.11%
NTAP	D	-0.11%
ICLR	D	-0.11%
FSLR	C	-0.11%
HAL	F	-0.11%
BLDR	C	-0.1%
ARE	C	-0.1%
HUBB	B	-0.1%
ZBH	F	-0.1%
WST	D	-0.1%
APTV	D	-0.09%
HOLX	B	-0.09%
GPC	D	-0.09%
TER	D	-0.09%
PTC	D	-0.09%
ILMN	C	-0.09%
WDC	D	-0.09%
ATO	B	-0.09%
MKC	C	-0.09%
STLD	F	-0.08%
IP	B	-0.08%
DGX	B	-0.08%
BURL	B	-0.08%
ULTA	D	-0.08%
PKG	B	-0.08%
ALGN	D	-0.08%
AKAM	D	-0.07%
PODD	B	-0.07%
CF	C	-0.07%
IEX	D	-0.07%
MRO	C	-0.07%
CTRA	D	-0.07%
ZBRA	B	-0.07%
FLEX	C	-0.06%
FFIV	B	-0.06%
JNPR	B	-0.06%
POOL	C	-0.06%
SNA	C	-0.06%
JBHT	D	-0.06%
REG	C	-0.06%
BG	D	-0.06%
TRMB	C	-0.06%
DLTR	F	-0.06%
ROL	C	-0.06%
DOX	C	-0.05%
NWSA	D	-0.05%
TWLO	D	-0.05%
TFX	C	-0.05%
LKQ	F	-0.05%
SW	B	-0.05%
TECH	C	-0.05%
CHRW	B	-0.05%
EXAS	C	-0.05%
FMC	C	-0.04%
SOLV	C	-0.04%
SCCO	D	-0.04%
GNRC	D	-0.04%
PAYC	D	-0.04%
MOS	F	-0.04%
HSIC	C	-0.04%
CRL	F	-0.04%
QRVO	F	-0.04%
LEA	F	-0.03%
BIO	C	-0.03%
WBA	F	-0.03%
ALV	F	-0.03%
LBRDK	F	-0.03%
BWA	D	-0.03%
WLK	D	-0.02%
UAL	C	-0.02%
LEN	B	-0.01%
NWS	D	-0.01%
GFS	F	-0.01%
LBRDA	F	-0.0%