NACPImpact Shares NAACP Minority Empowerment ETF
NACP Fund Description
NACP tracks an index of US large- and midcap companies selected and weighted based on social criteria as defined by the NAACP.
NACP Factset Analytics Insight
NACP is the first product offering from Impact Shares and the first ETF to support the promotion of racial equality. The portfolio construction process starts by scoring eligible large- and midcap stocks for minority empowerment criteria. Defined by the NAACP, the scoring criteria include: board diversity, anti-discrimination policies, supply chain/contractors’ social programs, programs to provide equal access to digital information, diversity programs, community development efforts, and health and safety programs. The final portfolio is selected and weighted by an optimizer to maximize exposure to the highest scoring companies while keeping risk and return characteristics in line with the starting universe. The index is reconstituted annually and rebalanced quarterly.
NACP MSCI ESG Analytics Insight
Impact Shares NAACP Minority Empowerment ETF has an MSCI ESG Fund Rating of A based on a score of 5.90 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Impact Shares NAACP Minority Empowerment ETF ranks in the 39th percentile within its peer group and in the 24th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
NACP MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
NACP Summary Data
NACP Portfolio Data
NACP Index Data
NACP Portfolio Management
NACP Tax Exposures
NACP Fund Structure
NACP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NACP. NACP is rated a 5 out of 5.
NACP Sector/Industry Breakdown
NACP Economic Development
NACP Performance Statistics
NACP MSCI ESG Ratings
NACP Benchmark Comparison Summary
NACP Benchmark Comparison Market Cap Size