Key stats
About Tidal Trust III NAACP MINORITY EMPOWERMENT ETF
Home page
Inception date
Jul 18, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US45259A2096
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 mid-cap 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks99.67%
Technology Services23.83%
Electronic Technology20.67%
Finance12.00%
Health Technology7.46%
Retail Trade7.16%
Consumer Durables5.01%
Transportation4.45%
Energy Minerals3.09%
Utilities3.07%
Producer Manufacturing2.68%
Communications2.57%
Consumer Non-Durables2.19%
Health Services1.45%
Industrial Services0.99%
Commercial Services0.88%
Non-Energy Minerals0.86%
Consumer Services0.70%
Process Industries0.56%
Distribution Services0.05%
Bonds, Cash & Other0.33%
Mutual fund0.28%
Cash0.05%
Stock breakdown by region
North America96.00%
Europe4.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NACP invests in stocks. The fund's major sectors are Technology Services, with 23.83% stocks, and Electronic Technology, with 20.67% of the basket. The assets are mostly located in the North America region.
NACP top holdings are NVIDIA Corporation and Apple Inc., occupying 5.49% and 5.19% of the portfolio correspondingly.
NACP last dividends amounted to 0.10 USD. The quarter before, the issuer paid 0.10 USD in dividends, which shows a 1.96% increase.
NACP assets under management is 58.95 M USD. It's risen 9.98% over the last month.
NACP fund flows account for 1.19 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NACP pays dividends to its holders with the dividend yield of 0.90%. The last dividend (Jun 30, 2025) amounted to 0.10 USD. The dividends are paid quarterly.
NACP shares are issued by Toroso Investments Topco LLC under the brand Impact Shares. The ETF was launched on Jul 18, 2018, and its management style is Passive.
NACP expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
NACP follows the Morningstar Minority Empowerment Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NACP invests in stocks.
NACP price has risen by 5.80% over the last month, and its yearly performance shows a 16.00% increase. See more dynamics on NACP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.53% over the last month, showed a 12.60% increase in three-month performance and has increased by 20.96% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.53% over the last month, showed a 12.60% increase in three-month performance and has increased by 20.96% in a year.
NACP trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.