WOMN vs. SHE ETF Comparison

Comparison of Impact Shares YWCA Womenas Empowerment ETF (WOMN) to SPDR SSGA Gender Diversity Index ETF (SHE)

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

$39.79

Average Daily Volume

1,896

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

SHE

SPDR SSGA Gender Diversity Index ETF

SHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Gender Diversity Index, which tracks U.S. companies that are leaders in advancing women through gender diversity on their boards of directors and in management. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$119.89

Average Daily Volume

3,450

Number of Holdings ^*

239

* may have additional holdings in another (foreign) market

Performance

Period	WOMN	SHE
30 Days	2.87%	2.93%
60 Days	2.73%	5.56%
90 Days	5.77%	7.44%
12 Months	26.34%	34.03%

120 Overlapping Holdings

Symbol	Grade	Weight in WOMN	Weight in SHE	Overlap
AAPL	C	5.02%	4.27%	4.27%
ACN	C	1.9%	4.29%	1.9%
ADM	D	0.15%	0.08%	0.08%
ADSK	A	0.45%	1.25%	0.45%
AEP	D	0.23%	0.16%	0.16%
AIG	B	0.24%	0.19%	0.19%
ALB	C	0.05%	0.04%	0.04%
ALL	A	0.21%	0.19%	0.19%
ANSS	B	0.25%	0.49%	0.25%
AWK	D	0.11%	0.12%	0.11%
AXP	A	0.7%	0.66%	0.66%
BAC	A	1.25%	1.22%	1.22%
BBY	D	0.16%	0.09%	0.09%
BIIB	F	0.13%	0.08%	0.08%
BK	A	0.22%	0.21%	0.21%
BKR	B	0.17%	0.14%	0.14%
C	A	0.56%	0.51%	0.51%
CAH	B	0.13%	0.11%	0.11%
CARR	D	0.26%	0.18%	0.18%
CE	F	0.06%	0.03%	0.03%
CHD	B	0.11%	0.08%	0.08%
CI	F	0.5%	0.31%	0.31%
CL	D	0.39%	0.27%	0.27%
CLX	B	0.08%	0.09%	0.08%
CMI	A	0.2%	0.24%	0.2%
CMS	C	0.09%	0.06%	0.06%
CNP	B	0.08%	0.09%	0.08%
COF	B	0.24%	0.24%	0.24%
CPB	D	0.05%	0.03%	0.03%
CSCO	B	1.92%	3.97%	1.92%
CVX	A	1.31%	1.01%	1.01%
D	C	0.23%	0.24%	0.23%
DAL	C	0.12%	0.04%	0.04%
DAY	B	0.08%	0.04%	0.04%
DD	D	0.15%	0.1%	0.1%
DECK	A	0.28%	0.14%	0.14%
DOW	F	0.17%	0.11%	0.11%
EA	A	0.16%	0.13%	0.13%
EBAY	D	0.29%	0.14%	0.14%
ECL	D	0.27%	0.19%	0.19%
ED	D	0.16%	0.13%	0.13%
EIX	B	0.15%	0.14%	0.14%
EL	F	0.11%	0.06%	0.06%
EMR	A	0.28%	0.26%	0.26%
EQIX	A	0.39%	0.26%	0.26%
ETN	A	0.59%	0.5%	0.5%
ETR	B	0.12%	0.12%	0.12%
EXC	C	0.19%	0.14%	0.14%
FITB	A	0.13%	0.12%	0.12%
FTV	C	0.24%	0.1%	0.1%
GE	D	0.88%	0.57%	0.57%
GILD	C	0.46%	0.41%	0.41%
GIS	D	0.19%	0.13%	0.13%
GPN	B	0.14%	0.1%	0.1%
GWW	B	0.19%	0.17%	0.17%
HIG	B	0.16%	0.15%	0.15%
HST	C	0.06%	0.06%	0.06%
HSY	F	0.13%	0.1%	0.1%
HUBS	A	0.26%	0.59%	0.26%
IFF	D	0.12%	0.07%	0.07%
INTC	D	0.81%	1.83%	0.81%
INTU	C	1.56%	3.32%	1.56%
INVH	D	0.09%	0.09%	0.09%
IPG	D	0.06%	0.05%	0.05%
IRM	D	0.15%	0.13%	0.13%
JCI	C	0.22%	0.24%	0.22%
JNJ	D	1.82%	1.43%	1.43%
KEY	B	0.08%	0.07%	0.07%
KO	D	1.25%	1.0%	1.0%
KR	B	0.17%	0.15%	0.15%
LLY	F	3.49%	2.18%	2.18%
LULU	C	0.29%	0.31%	0.29%
LUV	C	0.07%	0.02%	0.02%
MCO	B	0.33%	0.33%	0.33%
META	D	4.85%	4.53%	4.53%
MMM	D	0.33%	0.24%	0.24%
MRK	F	1.3%	0.89%	0.89%
MSFT	F	2.49%	4.13%	2.49%
NEM	D	0.26%	0.22%	0.22%
NFLX	A	0.72%	1.92%	0.72%
NSC	B	0.25%	0.18%	0.18%
NTRS	A	0.08%	0.08%	0.08%
OC	A	0.07%	0.06%	0.06%
OMC	C	0.09%	0.06%	0.06%
OXY	D	0.17%	0.14%	0.14%
PEG	A	0.18%	0.18%	0.18%
PFG	D	0.08%	0.08%	0.08%
PG	A	1.82%	1.56%	1.56%
PGR	A	0.67%	0.67%	0.67%
PINS	D	0.08%	0.06%	0.06%
PNR	A	0.06%	0.07%	0.06%
PPL	B	0.1%	0.09%	0.09%
PRU	A	0.19%	0.2%	0.19%
PSX	C	0.26%	0.16%	0.16%
RF	A	0.1%	0.09%	0.09%
ROK	B	0.14%	0.11%	0.11%
SBUX	A	1.03%	0.94%	0.94%
SJM	D	0.06%	0.05%	0.05%
SPGI	C	0.7%	0.58%	0.58%
SWK	D	0.07%	0.05%	0.05%
SYF	B	0.09%	0.09%	0.09%
TGT	F	0.36%	0.22%	0.22%
TMUS	B	0.36%	0.51%	0.36%
TROW	B	0.11%	0.09%	0.09%
TRU	D	0.08%	0.06%	0.06%
TT	A	0.39%	0.34%	0.34%
TYL	B	0.22%	0.43%	0.22%
UBER	D	1.22%	0.57%	0.57%
UNH	C	2.47%	1.76%	1.76%
V	A	1.94%	1.63%	1.63%
VRTX	F	0.54%	0.42%	0.42%
VST	B	0.14%	0.22%	0.14%
VTR	C	0.11%	0.12%	0.11%
VZ	C	0.82%	0.8%	0.8%
WFC	A	0.95%	1.0%	0.95%
WSM	B	0.15%	0.19%	0.15%
WTW	B	0.13%	0.13%	0.13%
XOM	B	2.53%	1.46%	1.46%
XYL	D	0.15%	0.11%	0.11%
Z	A	0.04%	0.04%	0.04%

WOMN Overweight 78 Positions Relative to SHE

Symbol	Grade	Weight
AMZN	C	4.47%
CRM	B	2.27%
ADBE	C	2.23%
MCD	D	2.04%
MA	C	1.77%
IBM	C	1.64%
ABBV	D	1.55%
NOW	A	1.42%
PEP	F	1.17%
AMGN	D	0.82%
WMT	A	0.73%
UNP	C	0.71%
COP	C	0.65%
MSI	B	0.63%
MS	A	0.6%
BLK	C	0.6%
ELV	F	0.59%
REGN	F	0.55%
WDAY	B	0.51%
ADP	B	0.5%
GM	B	0.49%
AMT	D	0.49%
MDLZ	F	0.47%
F	C	0.46%
TEL	B	0.43%
BMY	B	0.43%
UPS	C	0.43%
WM	A	0.37%
HPQ	B	0.36%
MPWR	F	0.36%
YUM	B	0.36%
USB	A	0.35%
PYPL	B	0.34%
WELL	A	0.33%
APD	A	0.27%
KEYS	A	0.25%
WMB	A	0.24%
SRE	A	0.23%
KMB	D	0.22%
MET	A	0.22%
AMP	A	0.21%
RSG	A	0.19%
HPE	B	0.19%
CTVA	C	0.18%
PCG	A	0.18%
PAYX	C	0.18%
VRSK	A	0.17%
DASH	A	0.17%
KHC	F	0.16%
IR	B	0.16%
CBRE	B	0.16%
EXPE	B	0.15%
OKTA	C	0.14%
A	D	0.13%
PPG	F	0.13%
SCI	B	0.11%
STT	A	0.11%
RJF	A	0.1%
BAX	D	0.09%
BAH	F	0.09%
K	A	0.09%
HBAN	A	0.09%
BMRN	D	0.08%
ESS	B	0.08%
CAG	D	0.07%
LNT	A	0.07%
DOC	D	0.07%
NI	A	0.06%
ETSY	D	0.06%
TAP	C	0.05%
REXR	F	0.05%
ELS	C	0.05%
CFG	B	0.04%
PNW	B	0.04%
MTCH	D	0.04%
RHI	B	0.03%
AGR	B	0.01%
ZG	A	0.01%

WOMN Underweight 119 Positions Relative to SHE

Symbol	Grade	Weight
NVDA	C	-4.84%
JPM	A	-2.72%
BKNG	A	-1.36%
TJX	A	-1.21%
COST	B	-1.14%
FTNT	C	-1.04%
LOW	D	-0.94%
CAT	B	-0.94%
LIN	D	-0.89%
ABT	B	-0.74%
T	A	-0.65%
MAR	B	-0.64%
CMG	B	-0.63%
HLT	A	-0.53%
HON	B	-0.51%
SCHW	B	-0.49%
GDDY	A	-0.48%
RTX	C	-0.48%
MMC	B	-0.43%
CDW	F	-0.42%
NKE	D	-0.41%
ROST	C	-0.41%
MDT	D	-0.4%
ABNB	C	-0.37%
DE	A	-0.34%
FLUT	A	-0.32%
RCL	A	-0.32%
ZTS	D	-0.31%
MCK	B	-0.31%
PNC	B	-0.31%
ITW	B	-0.29%
NOC	D	-0.29%
BA	F	-0.28%
DUK	C	-0.28%
TWLO	A	-0.28%
CVS	D	-0.26%
TSCO	D	-0.25%
TFC	A	-0.24%
SPG	B	-0.23%
DLR	B	-0.23%
AKAM	D	-0.22%
DHI	D	-0.22%
FDX	B	-0.22%
WCN	A	-0.21%
EOG	A	-0.21%
PSA	D	-0.19%
LNG	B	-0.18%
SQ	B	-0.18%
FIS	C	-0.17%
CHTR	C	-0.17%
BURL	A	-0.16%
O	D	-0.16%
ULTA	F	-0.15%
COR	B	-0.15%
MTB	A	-0.14%
CSGP	D	-0.14%
VICI	C	-0.14%
TTD	B	-0.13%
IDXX	F	-0.13%
STZ	D	-0.12%
DTE	C	-0.12%
EXR	D	-0.12%
VLTO	D	-0.12%
CNC	D	-0.12%
XEL	A	-0.12%
WAB	B	-0.11%
WEC	A	-0.11%
ALNY	D	-0.11%
WBD	C	-0.11%
FANG	D	-0.11%
BR	A	-0.1%
APTV	D	-0.1%
AVB	B	-0.1%
HUBB	B	-0.09%
EQR	B	-0.09%
SW	A	-0.09%
TTWO	A	-0.09%
LVS	C	-0.09%
EQT	B	-0.08%
AEE	A	-0.08%
DKS	C	-0.08%
LDOS	C	-0.08%
LPLA	A	-0.08%
KMX	B	-0.07%
DG	F	-0.07%
LYB	F	-0.07%
SSNC	B	-0.07%
MAA	B	-0.07%
FDS	B	-0.07%
LH	C	-0.07%
KIM	A	-0.07%
WY	D	-0.07%
ILMN	D	-0.07%
TSN	B	-0.06%
J	F	-0.06%
MGM	D	-0.06%
AMCR	D	-0.06%
FBIN	D	-0.05%
WYNN	D	-0.05%
TXT	D	-0.05%
RPM	A	-0.05%
SNAP	C	-0.05%
UTHR	C	-0.05%
ACM	A	-0.05%
BBWI	D	-0.04%
PARA	C	-0.04%
HRL	D	-0.04%
INCY	C	-0.04%
NBIX	C	-0.04%
AMH	D	-0.04%
OVV	B	-0.04%
AIZ	A	-0.04%
ACI	C	-0.03%
WBA	F	-0.03%
NWSA	B	-0.03%
RIVN	F	-0.03%
TFX	F	-0.03%
CRL	C	-0.03%
APA	D	-0.02%