FDND vs. NXTV ETF Comparison

Comparison of FT Vest Dow Jones Internet & Target Income ETF (FDND) to Simplify Next Intangible Value Index ETF (NXTV)

FDND

FT Vest Dow Jones Internet & Target Income ETF

FDND Description

FDND aims to provide income at an annual rate of 8%, before fees and expenses, over the annual dividend yield of the Nasdaq-100 Index. The income stems from dividends from individual equity positions and premiums from selling naked call options. However, there is no guarantee the fund will deliver the target income. The portfolio manager actively selects 40 of the largest and most liquid US internet companies, which includes firms in the internet commerce and internet services sub-industries. Each week, FDND attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Nasdaq-100 Index or related ETFs. The income from dividends and option premiums are expected to be distributed monthly. Investors should note that naked call writing, or selling call options without owning the underlying asset, is a high-risk options strategy.

Grade (RS Rating)

Last Trade

$21.74

Average Daily Volume

1,463

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NXTV

Simplify Next Intangible Value Index ETF

NXTV Description

NXTV targets US companies with low equity valuations relative to their intangible-adjusted book values within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating an intangible-adjusted book value for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the lowest equity valuations relative to their intangible adjusted book values are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Holdings are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$27.97

Average Daily Volume

696

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

Performance

Period	FDND	NXTV
30 Days	6.42%	0.08%
60 Days	11.22%	3.05%
90 Days	14.97%	6.04%
12 Months

6 Overlapping Holdings

Symbol	Grade	Weight in FDND	Weight in NXTV	Overlap
CIEN	B	0.49%	0.34%	0.34%
DBX	C	0.31%	0.33%	0.31%
EBAY	D	1.49%	1.22%	1.22%
JNPR	D	0.61%	0.53%	0.53%
ZI	D	0.15%	0.15%	0.15%
ZM	B	1.03%	0.88%	0.88%

FDND Overweight 35 Positions Relative to NXTV

Symbol	Grade	Weight
AMZN	B	9.6%
META	C	9.45%
NFLX	A	8.46%
CRM	B	7.54%
GOOGL	B	5.33%
BKNG	A	4.98%
CSCO	B	4.45%
GOOG	B	4.41%
ANET	C	4.25%
PYPL	B	4.25%
ABNB	D	2.86%
DASH	A	2.82%
WDAY	C	2.75%
CPRT	B	2.45%
SNOW	C	2.19%
DDOG	A	2.02%
TEAM	A	1.93%
HUBS	B	1.74%
VEEV	C	1.63%
NET	B	1.38%
RBLX	B	1.37%
CVNA	A	1.33%
GDDY	A	1.26%
DKNG	B	0.97%
PINS	F	0.86%
NTNX	B	0.85%
DOCU	B	0.79%
VRSN	F	0.75%
AKAM	F	0.67%
OKTA	D	0.59%
PAYC	B	0.55%
CFLT	B	0.36%
SMAR	A	0.36%
MARA	C	0.3%
BOX	B	0.24%

FDND Underweight 189 Positions Relative to NXTV

Symbol	Grade	Weight
CMCSA	B	-5.15%
VZ	C	-4.9%
T	A	-4.84%
PFE	F	-4.65%
INTC	C	-3.77%
DELL	B	-3.21%
C	B	-1.86%
KR	B	-1.78%
HPQ	B	-1.46%
CVS	F	-1.18%
FDX	B	-1.13%
HPE	B	-1.09%
EL	F	-1.05%
NTAP	C	-1.04%
BBY	D	-1.02%
GFS	C	-0.98%
WDC	F	-0.94%
GM	B	-0.9%
COF	B	-0.87%
VICI	C	-0.87%
MET	A	-0.86%
BIIB	F	-0.85%
FOXA	B	-0.82%
DG	F	-0.79%
TRV	A	-0.78%
ALL	A	-0.74%
DD	D	-0.73%
F	C	-0.73%
AIG	C	-0.71%
NUE	D	-0.7%
MRNA	F	-0.69%
NWS	A	-0.68%
FCNCA	A	-0.67%
HUM	D	-0.66%
PRU	B	-0.65%
SNAP	D	-0.65%
LEN	D	-0.65%
DLTR	F	-0.65%
KHC	F	-0.64%
ZBH	C	-0.63%
CTVA	C	-0.59%
SYY	D	-0.58%
CNC	F	-0.57%
BAX	F	-0.56%
SRE	A	-0.53%
ILMN	C	-0.52%
ACI	C	-0.49%
D	C	-0.48%
CACI	C	-0.47%
TPR	B	-0.46%
PCG	A	-0.44%
CTRA	B	-0.44%
SNX	D	-0.43%
LBRDK	C	-0.43%
TWLO	A	-0.43%
ALB	B	-0.42%
ADM	D	-0.42%
IP	A	-0.41%
VTRS	A	-0.41%
PPG	F	-0.4%
EXC	C	-0.39%
GAP	D	-0.39%
RS	B	-0.38%
EQT	A	-0.38%
CCL	A	-0.37%
MRO	A	-0.37%
LEVI	F	-0.37%
FYBR	C	-0.36%
INCY	C	-0.36%
ED	C	-0.36%
MKL	A	-0.34%
SWK	F	-0.33%
SOLV	F	-0.33%
WRB	B	-0.33%
EXPE	B	-0.33%
GPC	F	-0.33%
FLEX	B	-0.33%
TSN	B	-0.32%
LUV	B	-0.32%
AMKR	F	-0.31%
PATH	C	-0.31%
CINF	A	-0.31%
U	F	-0.3%
SYF	B	-0.3%
CFG	B	-0.29%
FTI	A	-0.29%
PFG	C	-0.29%
ARE	F	-0.29%
DDS	B	-0.28%
NSIT	F	-0.28%
UAL	A	-0.28%
TXT	D	-0.28%
BLDR	D	-0.27%
ETR	A	-0.27%
L	A	-0.27%
W	D	-0.27%
HSIC	C	-0.27%
BILL	B	-0.26%
LUMN	C	-0.26%
OVV	C	-0.26%
CRBG	B	-0.26%
PEGA	B	-0.26%
FNF	A	-0.25%
EG	D	-0.25%
PPL	A	-0.24%
BIO	C	-0.24%
ROKU	D	-0.24%
SATS	C	-0.23%
ELAN	D	-0.23%
COTY	F	-0.23%
CPB	D	-0.22%
RNR	C	-0.22%
RGA	B	-0.22%
KD	A	-0.22%
AR	B	-0.21%
CPRI	F	-0.21%
DINO	D	-0.21%
AIT	B	-0.21%
CLVT	D	-0.21%
KMX	C	-0.21%
VFC	C	-0.21%
JLL	D	-0.2%
M	D	-0.2%
PAG	B	-0.2%
CNH	C	-0.2%
EQH	B	-0.2%
ALLY	C	-0.2%
JAZZ	C	-0.2%
CNA	C	-0.2%
BG	D	-0.2%
RIVN	F	-0.2%
PFGC	B	-0.2%
EXEL	B	-0.2%
IAC	D	-0.19%
JEF	A	-0.19%
SNA	B	-0.19%
AEO	F	-0.19%
USM	B	-0.19%
TOL	B	-0.19%
COKE	C	-0.19%
RPM	B	-0.19%
WCC	B	-0.19%
TAP	B	-0.18%
ARW	F	-0.18%
SWN	C	-0.18%
LKQ	F	-0.18%
BWA	D	-0.17%
JWN	C	-0.17%
FLS	A	-0.17%
AA	A	-0.17%
RHI	C	-0.17%
ADTN	A	-0.17%
SIG	C	-0.17%
ASO	F	-0.17%
BEN	C	-0.16%
XRAY	D	-0.16%
AIZ	A	-0.16%
PVH	C	-0.16%
NOV	D	-0.16%
URBN	C	-0.16%
WHR	B	-0.16%
ALIT	C	-0.16%
UNM	A	-0.16%
GL	C	-0.15%
SANM	B	-0.15%
FRSH	C	-0.15%
SLAB	F	-0.15%
NI	A	-0.15%
WFRD	F	-0.15%
DXC	D	-0.15%
LCID	F	-0.14%
LAD	B	-0.14%
ORI	A	-0.14%
EVRG	A	-0.14%
AGR	A	-0.14%
CLF	F	-0.14%
UPST	B	-0.14%
FHN	A	-0.13%
MUR	F	-0.13%
CIVI	D	-0.13%
INGR	B	-0.13%
WBD	B	-0.13%
CXT	C	-0.13%
X	C	-0.13%
ALKS	C	-0.13%
SON	F	-0.13%
MGM	D	-0.08%
DLB	F	-0.05%
BYD	B	-0.04%