WOMN vs. SPMV ETF Comparison

Comparison of Impact Shares YWCA Womenas Empowerment ETF (WOMN) to Invesco S&P 500 Minimum Variance ETF (SPMV)

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

$39.60

Average Daily Volume

1,919

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.41

Average Daily Volume

650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WOMN	SPMV
30 Days	1.29%	0.25%
60 Days	2.73%	1.56%
90 Days	5.26%	4.00%
12 Months	25.73%	25.48%

38 Overlapping Holdings

Symbol	Grade	Weight in WOMN	Weight in SPMV	Overlap
AAPL	C	5.02%	2.9%	2.9%
ACN	B	1.9%	0.31%	0.31%
ADBE	C	2.23%	2.1%	2.1%
ADM	D	0.15%	0.25%	0.15%
AEP	C	0.23%	0.91%	0.23%
AIG	B	0.24%	0.25%	0.24%
AMGN	F	0.82%	0.32%	0.32%
AMT	C	0.49%	1.76%	0.49%
AMZN	C	4.47%	3.25%	3.25%
BIIB	F	0.13%	0.31%	0.13%
CRM	B	2.27%	1.63%	1.63%
CSCO	B	1.92%	3.34%	1.92%
ELV	F	0.59%	0.46%	0.46%
GILD	C	0.46%	0.09%	0.09%
GIS	D	0.19%	1.49%	0.19%
HSY	F	0.13%	1.05%	0.13%
IBM	C	1.64%	0.53%	0.53%
INTU	B	1.56%	0.75%	0.75%
JNJ	C	1.82%	1.18%	1.18%
KHC	F	0.16%	0.29%	0.16%
LLY	F	3.49%	0.67%	0.67%
MDLZ	F	0.47%	2.5%	0.47%
META	D	4.85%	0.33%	0.33%
MRK	D	1.3%	2.43%	1.3%
MSFT	D	2.49%	2.85%	2.49%
NEM	D	0.26%	0.44%	0.26%
NOW	A	1.42%	1.76%	1.42%
PCG	A	0.18%	0.24%	0.18%
PG	C	1.82%	2.72%	1.82%
PGR	A	0.67%	1.61%	0.67%
REGN	F	0.55%	1.13%	0.55%
RSG	A	0.19%	0.54%	0.19%
SRE	A	0.23%	1.49%	0.23%
TMUS	B	0.36%	3.38%	0.36%
VRSK	A	0.17%	1.69%	0.17%
VRTX	D	0.54%	2.42%	0.54%
VZ	C	0.82%	0.93%	0.82%
XOM	B	2.53%	0.68%	0.68%

WOMN Overweight 160 Positions Relative to SPMV

Symbol	Grade	Weight
UNH	B	2.47%
MCD	D	2.04%
V	A	1.94%
MA	B	1.77%
ABBV	F	1.55%
CVX	A	1.31%
KO	D	1.25%
BAC	A	1.25%
UBER	F	1.22%
PEP	F	1.17%
SBUX	A	1.03%
WFC	A	0.95%
GE	D	0.88%
INTC	C	0.81%
WMT	A	0.73%
NFLX	A	0.72%
UNP	C	0.71%
SPGI	C	0.7%
AXP	A	0.7%
COP	C	0.65%
MSI	B	0.63%
MS	A	0.6%
BLK	B	0.6%
ETN	A	0.59%
C	A	0.56%
WDAY	B	0.51%
CI	D	0.5%
ADP	A	0.5%
GM	C	0.49%
F	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%
WM	B	0.37%
TGT	F	0.36%
HPQ	B	0.36%
MPWR	F	0.36%
YUM	D	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	B	0.28%
APD	A	0.27%
ECL	D	0.27%
PSX	C	0.26%
CARR	C	0.26%
HUBS	A	0.26%
NSC	B	0.25%
KEYS	A	0.25%
ANSS	B	0.25%
FTV	C	0.24%
WMB	A	0.24%
COF	C	0.24%
D	C	0.23%
KMB	C	0.22%
MET	A	0.22%
JCI	B	0.22%
BK	A	0.22%
TYL	B	0.22%
AMP	A	0.21%
ALL	A	0.21%
CMI	A	0.2%
EXC	C	0.19%
GWW	B	0.19%
PRU	A	0.19%
HPE	B	0.19%
PEG	A	0.18%
CTVA	C	0.18%
PAYX	B	0.18%
KR	B	0.17%
BKR	A	0.17%
DOW	F	0.17%
DASH	B	0.17%
OXY	D	0.17%
BBY	D	0.16%
HIG	B	0.16%
ED	C	0.16%
EA	A	0.16%
IR	B	0.16%
CBRE	B	0.16%
EIX	B	0.15%
IRM	C	0.15%
DD	C	0.15%
XYL	D	0.15%
EXPE	B	0.15%
WSM	C	0.15%
GPN	B	0.14%
ROK	C	0.14%
OKTA	C	0.14%
VST	A	0.14%
CAH	B	0.13%
A	D	0.13%
FITB	B	0.13%
WTW	B	0.13%
PPG	F	0.13%
IFF	D	0.12%
ETR	B	0.12%
DAL	B	0.12%
VTR	B	0.11%
SCI	B	0.11%
EL	F	0.11%
STT	B	0.11%
TROW	B	0.11%
CHD	A	0.11%
AWK	C	0.11%
RF	A	0.1%
RJF	A	0.1%
PPL	A	0.1%
CMS	C	0.09%
SYF	B	0.09%
BAX	F	0.09%
OMC	C	0.09%
BAH	F	0.09%
INVH	D	0.09%
K	A	0.09%
HBAN	A	0.09%
BMRN	F	0.08%
CNP	A	0.08%
KEY	B	0.08%
DAY	B	0.08%
PFG	D	0.08%
PINS	F	0.08%
NTRS	A	0.08%
ESS	B	0.08%
TRU	D	0.08%
CLX	A	0.08%
SWK	D	0.07%
CAG	F	0.07%
LNT	A	0.07%
OC	A	0.07%
LUV	C	0.07%
DOC	C	0.07%
HST	C	0.06%
IPG	D	0.06%
SJM	D	0.06%
CE	F	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	B	0.05%
ELS	C	0.05%
Z	A	0.04%
CFG	B	0.04%
PNW	A	0.04%
MTCH	D	0.04%
RHI	C	0.03%
AGR	A	0.01%
ZG	A	0.01%

WOMN Underweight 37 Positions Relative to SPMV

Symbol	Grade	Weight
NVDA	B	-3.54%
GEV	B	-3.53%
AON	A	-3.09%
BRK.A	B	-2.92%
QCOM	F	-2.79%
ABT	B	-2.79%
MMC	B	-2.74%
AJG	A	-2.63%
CB	C	-2.58%
HD	B	-2.22%
ORCL	A	-2.17%
AVGO	D	-2.12%
ZTS	D	-1.64%
NEE	C	-1.59%
DUK	C	-1.3%
PFE	F	-1.02%
TRV	B	-0.98%
AEE	A	-0.97%
TDY	B	-0.94%
BRO	B	-0.81%
MKC	C	-0.75%
CCI	C	-0.7%
RTX	D	-0.65%
JPM	A	-0.61%
GOOG	C	-0.58%
TJX	A	-0.5%
SO	C	-0.47%
TSN	B	-0.42%
HRL	D	-0.38%
IDXX	F	-0.37%
T	A	-0.28%
ACGL	C	-0.23%
CVS	D	-0.22%
XEL	A	-0.19%
TRMB	B	-0.1%
GD	D	-0.06%
BA	F	-0.04%