NACP

Impact Shares NAACP Minority Empowerment ETF

$48.72

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Impact Shares NAACP Minority Empowerment ETF (NACP) seeks to track the investment results of an index composed of U.S. companies that have been identified as supporting racial equality, diversity, and inclusion.

Overview

ETF tracking Impact Shares NAACP Minority Empowerment ETF

Category Utilities

Issuer Other

Inception Date 2018-07-19

Market Cap $60.9M

Average Volume N/A

Dividend Yield 2.45%

52-Week Range $35.22 - $49.83

VWAP $48.64

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of stocks of companies that have been screened and selected by the NAACP for their commitment to racial justice, diversity, and inclusion initiatives. The fund aims to provide investors exposure to companies that are taking meaningful steps to address racial inequities.

✨ Key Features

Focuses on U.S. companies committed to racial equality and diversity
Utilizes NAACP's expertise to identify and select portfolio companies
Seeks to provide investors with exposure to socially responsible companies
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific social impact theme
Potential for higher volatility compared to broader market indexes
Limited diversification as the fund is focused on a single sector (Utilities)
Lack of long-term performance history to evaluate the fund's effectiveness

👤 Best For

This ETF may be suitable for investors seeking to align their investments with their social and racial justice values, while understanding the potential for higher volatility and concentration risk. It is best suited for long-term investors with a higher risk tolerance who are looking to incorporate socially responsible investing into their portfolio.