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AFOSvsNACPETF Comparison

ETF 1
AFOS

ARS Focused Opportunities Strategy ETF

This fund is part of
US Multi-Factor
+1.03%
VS
ETF 2
NACP

Impact Shares NAACP Minority Empowerment ETF

ARS Focused Opportunities Strategy ETF (AFOS) belongs to the US Multi-Factor segment. Impact Shares NAACP Minority Empowerment ETF (NACP) is part of the segment. AFOS's top 3 sector exposures are Information Technology, Industrials and Materials. In contrast, NACP's top sector exposures are Information Technology, Consumer Discretionary and Communication Services. AFOS is less expensive with a Total Expense Ratio (TER) of 0.45%, versus 0.49% for NACP. AFOS is up 35.77% year-to-date (YTD) with +$14M in YTD flows. NACP performs worse with 21.32% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of AFOS and NACP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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AFOS vs NACP performance and flow charts

Performance

-20246810%May 18May 25Jun 1Jun 8Jun 15

Cumulative Flows

0 M5 M10 M15 MMay 18May 25Jun 1Jun 8Jun 15

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Historic performance and flows
Data as of 06/18/2026
1M3MYTD1Y3Y5Y
Perf.
AFOS
NACP
+10.26%+5.79%
+23.99%+22.03%
+35.77%+21.32%
n/a+42.95%
n/a+100.03%
n/a+113.75%
Flows
AFOS
NACP
-$594K+$3M
+$825K+$3M
+$14M+$3M
-+$2M
--$2M
-+$14M
Volatility and drawdown
3M1Y3Y5Y
Volatility
AFOS
NACP
+27.48%+19.82%
n/a+14.86%
n/a+15.97%
n/a+18.13%
Max drawdown
AFOS
NACP
-7.59%-4.94%
n/a-9.70%
n/a-19.85%
n/a-27.56%
Max drawdown duration
AFOS
NACP
20d8d
n/a74d
n/a132d
n/a718d
Trading data

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AFOS
NACP
Last sale
6/18/2026 at 1:30 PM
$46.69
$60.17
Previous close
06/18/2026
$45.82
$59.11
Consolidated volume
06/18/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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AFOS
is actively managed and doesn’t replicate an index

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AFOS
NACP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/18/2026 at 1:30 PM
Live
Closed
AFOS
NACP
Last price
$46.69
$60.17
1D performance
+1.90%
+1.79%
AuM$300.34 M$78.18 M
E/R0.45%0.49%
Characteristics
AFOS
NACP
Management strategyActivePassive
ProviderARS Investment PartnersImpact Shares
Benchmark-Morningstar Minority Empowerment Index
N° of holdings27197
Asset class-Equities
Trailing 12m distribution yield
Join
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Inception dateJune 25, 2025July 18, 2018
ESGNoYes
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Exposure

Countries

AFOS
USA
86.61%
Other
13.39%
NACP
USA
96.49%
Other
3.51%

Sectors

AFOS
Information Techn.
23.62%
Industrials
21.28%
Materials
11.23%
Other
43.87%
NACP
Information Techn.
36.09%
Consumer Discreti.
11.09%
Communication Ser.
9.72%
Health Care
9.08%
Industrials
8.68%
Financials
7.84%
Other
17.5%
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Diversification

AFOS

Total weight of top 15 holdings out of 15

63.59%
NACP

Total weight of top 15 holdings out of 15

46.71%

Top 15 holdings

Data as of April 30, 2026
AFOS
MICRON TECHNOLOGY
6.10%
WESTERN DIGITAL
5.98%
ALPHABET INC-CL
5.00%
US5128073062
4.94%
NVIDIA
4.80%
NEWMONT CORP
4.69%
US36828A1016
4.49%
VERTIV HOLDINGS
4.19%
FREEPORT-MCMORAN INC
3.70%
BOEING U
3.48%
MARATHON PETROLEUM
3.39%
QUANTA SERVICES
3.36%
MICROSOFT-T
3.35%
MORGAN STANLEY
3.16%
REGENERON PHARMACEUTICALS
2.96%
NACP
AMAZON.COM INC
5.61%
NVIDIA
5.44%
ALPHABET INC-CL
4.56%
MICROSOFT-T
4.03%
META PLATFORMS
4.02%
TESLA
3.52%
MICRON TECHNOLOGY
3.35%
ADVANCED MICRO DEVICES
2.88%
JPMORGAN CHASE
2.35%
INTEL-T
1.98%
CISCO-T
1.95%
US5128073062
1.93%
APPLIED MATERIAL
1.89%
EXXON
1.68%
WALMART INC
1.52%
Frequently asked questions about AFOS and NACP

How have the AFOS and NACP ETFs performed in 2026?

As of June 18, 2026, AFOS is up 35.77% year-to-date (YTD), while NACP has returned 21.32%. That puts AFOS better performer ahead so far this year.

Which ETF is attracting more investor money: AFOS or NACP?

Year-to-date, the AFOS ETF saw +$14M in flows, compared to +$3M for NACP.

Which ETF is bigger: AFOS or NACP?

As of June 18, 2026, AFOS holds $300.34 M in assets under management (AUM), while NACP manages $78.18 M.

What sectors do the AFOS and NACP ETFs invest in?

AFOS leans toward sectors like Information Technology, Industrials and Materials. Meanwhile, NACP focuses on Information Technology, Consumer Discretionary and Communication Services.

What are the top holdings of the AFOS ETF and NACP ETF?

AFOS top holdings include MICRON TECHNOLOGY, WESTERN DIGITAL and ALPHABET INC-CL. NACP holds in its top three: AMAZON.COM INC, NVIDIA and ALPHABET INC-CL.

Which ETF is more diversified: AFOS or NACP?

AFOS holds 29 securities with 63.59% of its assets in the top 15. NACP has 201 securities and a top 15 weight of 46.71%.

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