WOMN vs. SPHB ETF Comparison

Comparison of Impact Shares YWCA Womenas Empowerment ETF (WOMN) to PowerShares S&P 500 High Beta Portfolio (SPHB)

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

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$88.08

Average Daily Volume

394,654

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	WOMN	SPHB
30 Days	3.06%	3.49%
60 Days	5.90%	2.17%
90 Days	7.40%	4.56%
12 Months	26.83%	23.81%

25 Overlapping Holdings

Symbol	Grade	Weight in WOMN	Weight in SPHB	Overlap
ADBE	F	2.23%	0.93%	0.93%
ADSK	C	0.45%	0.94%	0.45%
ALB	D	0.05%	1.37%	0.05%
AMZN	C	4.47%	1.01%	1.01%
ANSS	D	0.25%	0.82%	0.25%
CARR	B	0.26%	1.0%	0.26%
CRM	D	2.27%	0.88%	0.88%
DAY	D	0.08%	0.93%	0.08%
DECK	C	0.28%	0.84%	0.28%
ETN	C	0.59%	0.94%	0.59%
ETSY	F	0.06%	0.73%	0.06%
GE	B	0.88%	0.77%	0.77%
INTC	F	0.81%	0.8%	0.8%
INTU	C	1.56%	0.89%	0.89%
KEY	B	0.08%	0.81%	0.08%
KEYS	C	0.25%	0.93%	0.25%
LULU	D	0.29%	0.79%	0.29%
META	B	4.85%	1.16%	1.16%
MPWR	C	0.36%	1.79%	0.36%
NOW	B	1.42%	1.0%	1.0%
PYPL	B	0.34%	0.92%	0.34%
ROK	D	0.14%	0.81%	0.14%
TROW	D	0.11%	0.75%	0.11%
UBER	C	1.22%	0.95%	0.95%
VST	C	0.14%	0.85%	0.14%

WOMN Overweight 173 Positions Relative to SPHB

Symbol	Grade	Weight
AAPL	C	5.02%
LLY	C	3.49%
XOM	C	2.53%
MSFT	C	2.49%
UNH	C	2.47%
MCD	B	2.04%
V	C	1.94%
CSCO	C	1.92%
ACN	C	1.9%
PG	C	1.82%
JNJ	C	1.82%
MA	B	1.77%
IBM	B	1.64%
ABBV	C	1.55%
CVX	D	1.31%
MRK	D	1.3%
KO	C	1.25%
BAC	D	1.25%
PEP	C	1.17%
SBUX	C	1.03%
WFC	D	0.95%
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%
COP	D	0.65%
MSI	B	0.63%
MS	D	0.6%
BLK	B	0.6%
ELV	C	0.59%
C	D	0.56%
REGN	C	0.55%
VRTX	D	0.54%
WDAY	D	0.51%
CI	C	0.5%
ADP	B	0.5%
GM	C	0.49%
AMT	C	0.49%
MDLZ	B	0.47%
F	F	0.46%
GILD	B	0.46%
TEL	D	0.43%
BMY	C	0.43%
UPS	D	0.43%
TT	B	0.39%
EQIX	C	0.39%
CL	D	0.39%
WM	D	0.37%
TGT	C	0.36%
HPQ	D	0.36%
TMUS	C	0.36%
YUM	D	0.36%
USB	B	0.35%
MMM	B	0.33%
WELL	C	0.33%
MCO	B	0.33%
EBAY	B	0.29%
EMR	D	0.28%
APD	B	0.27%
ECL	B	0.27%
PSX	F	0.26%
HUBS	D	0.26%
NEM	B	0.26%
NSC	C	0.25%
FTV	C	0.24%
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%
JCI	B	0.22%
BK	B	0.22%
TYL	C	0.22%
AMP	A	0.21%
ALL	B	0.21%
CMI	C	0.2%
RSG	D	0.19%
EXC	C	0.19%
GIS	B	0.19%
GWW	B	0.19%
PRU	C	0.19%
HPE	D	0.19%
PEG	C	0.18%
CTVA	B	0.18%
PCG	C	0.18%
PAYX	C	0.18%
VRSK	D	0.17%
KR	C	0.17%
BKR	C	0.17%
DOW	D	0.17%
DASH	C	0.17%
OXY	F	0.17%
BBY	C	0.16%
KHC	C	0.16%
HIG	B	0.16%
ED	C	0.16%
EA	D	0.16%
IR	C	0.16%
CBRE	A	0.16%
EIX	C	0.15%
IRM	C	0.15%
ADM	D	0.15%
DD	B	0.15%
XYL	D	0.15%
EXPE	C	0.15%
WSM	D	0.15%
GPN	D	0.14%
OKTA	F	0.14%
CAH	C	0.13%
HSY	C	0.13%
A	C	0.13%
FITB	B	0.13%
WTW	C	0.13%
BIIB	F	0.13%
PPG	D	0.13%
IFF	B	0.12%
ETR	B	0.12%
DAL	C	0.12%
VTR	C	0.11%
SCI	B	0.11%
EL	F	0.11%
STT	B	0.11%
CHD	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%
OMC	B	0.09%
BAH	C	0.09%
INVH	C	0.09%
K	B	0.09%
HBAN	B	0.09%
BMRN	F	0.08%
CNP	C	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%
SWK	B	0.07%
CAG	C	0.07%
LNT	B	0.07%
OC	D	0.07%
LUV	C	0.07%
DOC	C	0.07%
HST	C	0.06%
IPG	C	0.06%
SJM	C	0.06%
CE	F	0.06%
NI	B	0.06%
PNR	B	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%
RHI	D	0.03%
AGR	B	0.01%
ZG	B	0.01%

WOMN Underweight 75 Positions Relative to SPHB

Symbol	Grade	Weight
SMCI	F	-2.09%
NVDA	D	-1.78%
AMD	D	-1.73%
AVGO	C	-1.58%
TER	D	-1.49%
TSLA	C	-1.49%
BLDR	C	-1.41%
ANET	B	-1.31%
KLAC	D	-1.3%
LRCX	F	-1.27%
AMAT	D	-1.26%
ON	D	-1.25%
CRWD	D	-1.25%
CZR	C	-1.23%
NCLH	C	-1.22%
ENPH	D	-1.2%
CCL	C	-1.19%
QCOM	D	-1.13%
MCHP	F	-1.13%
ALGN	D	-1.12%
MU	F	-1.11%
URI	B	-1.1%
CDNS	D	-1.1%
GNRC	D	-1.08%
WDC	D	-1.08%
FSLR	C	-1.05%
ORCL	C	-1.05%
NXPI	F	-1.04%
BXP	B	-1.04%
SNPS	F	-1.04%
BX	B	-1.03%
PWR	B	-1.01%
KKR	B	-0.98%
PODD	B	-0.95%
SWKS	D	-0.95%
PANW	D	-0.95%
AAL	D	-0.94%
HUBB	B	-0.93%
PHM	B	-0.93%
ADI	C	-0.93%
QRVO	F	-0.93%
RCL	B	-0.93%
ABNB	D	-0.93%
JBL	D	-0.92%
UAL	C	-0.9%
CEG	C	-0.89%
ARE	C	-0.88%
EFX	B	-0.87%
ZBRA	B	-0.87%
PH	B	-0.87%
DHI	B	-0.86%
RMD	C	-0.86%
ISRG	B	-0.86%
MHK	C	-0.85%
FICO	B	-0.84%
LEN	B	-0.84%
IDXX	C	-0.84%
AES	C	-0.83%
FCX	D	-0.82%
BKNG	C	-0.82%
LW	D	-0.82%
KMX	D	-0.81%
CRL	F	-0.8%
GOOG	D	-0.77%
APH	D	-0.77%
TXN	C	-0.76%
IQV	C	-0.76%
APTV	D	-0.75%
IVZ	B	-0.75%
MGM	F	-0.75%
CPRT	D	-0.71%
WBD	D	-0.71%
EPAM	F	-0.69%
MLM	D	-0.67%
BBWI	F	-0.65%