ERShares NextGen Entrepreneurs Strategy eVestment Report

Capital Impact

Jan 2019 - Sep 2021

ERShares NextGen Entrepreneurs ETF

Analysis

Calendar Year Returns

Risk Analysis

Capital Impact: ERShares NextGen Entrepreneurs ETF

40

Statistic

FTSE Global Small Cap ex US

YTD

-0.21%

11.52%

30

1 Year Return

22.37%

31.55%

2 Year Return

20.97%

17.78%

20

3 Year Return

---

9.18%

5 Year Return

---

9.33%

7 Year Return

---

6.99%

10

10 Year Return

---

8.64%

Cumulative Return

54.88%

52.29%

0

Standard Deviation

25.78%

21.04%

Gain Deviation MAR (5%)

19.38%

15.03%

-10

YTD

2020

2019

Loss Deviation MAR (5%)

16.91%

14.72%

Sharpe Ratio (FTSE 3 Mo. T-…

0.63

0.74

ERShares NextGen Entrepreneurs ETF

FTSE Global Small Cap ex US

eVestment ACWI ex-US Passive Equity

Background Universe:

Performance Statistics - All Market

Tracking Err

Excess Rtn

Info Ratio

Bench Rtn

Bat A v g

Std De v

Bench Std De v

Benchmark

Alpha

Beta

R^2

Returns

FTSE Global Small Cap ex US

0.89%

1.04

0.73

13.52%

0.72%

0.05

17.24%

16.53%

0.45

25.78%

21.04%

Vehicle Type: USA - ETF - ETF - ERShares NextGen Entrepreneurs ETF - Net of Fees. Displayed in US Dollar (USD). Data frequency: Monthly eVestment Alliance, LLC and its affiliated entities (collectively, “eVestment”) collect information directly from investment management firms and other sources believed to be reliable, however, eVestment does not guarantee or warrant the accuracy, timeliness, or completeness of the information provided and is not responsible for any errors or omissions. Performance results may be provided with additional disclosures available on eVestment’s systems and other important considerations such as fees that may be applicable. Not for general distribution and limited distribution may only be made pursuant to client’s agreement terms. * All categories not necessarily included, Totals may not equal 100%. Copyright 2012-2021 eVestment Alliance, LLC. All Rights Reserved.

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