INFO vs. NXTI ETF Comparison

Comparison of Harbor PanAgora Dynamic Large Cap Core ETF (INFO) to Simplify Next Intangible Core Index ETF (NXTI)

INFO

Harbor PanAgora Dynamic Large Cap Core ETF

INFO Description

INFO aims to generate alpha consistently within the large-cap US market. Portfolio construction utilizes a bottom-up investment strategy integrating fundamental analysis with quantitative techniques and risk management tools. The subadvisor employs a proprietary alpha modeling framework to identify companies with strong financial and operational health, aiming for above-market returns relative to the S&P 500 Index. The strategy incorporates uncorrelated alpha factors, such as value, momentum, and quality. Additionally, ESG attributes are also evaluated to enhance the overall alpha scores. Security weighting is determined using a proprietary optimization technique, balancing alpha generation with risk metrics like tracking err, market risk, and concentration risk.

Grade (RS Rating)

Last Trade

$20.71

Average Daily Volume

785

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

NXTI

Simplify Next Intangible Core Index ETF

NXTI Description

NXTI targets US companies with relatively high intangible capital-to-book assets ratios 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 a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio 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. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$30.42

Average Daily Volume

460

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	INFO	NXTI
30 Days	1.88%	5.73%
60 Days		7.47%
90 Days		10.93%
12 Months

40 Overlapping Holdings

Symbol	Grade	Weight in INFO	Weight in NXTI	Overlap
A	D	0.73%	0.26%	0.26%
ALL	A	0.83%	0.19%	0.19%
ALNY	D	0.3%	1.07%	0.3%
AMAT	F	0.93%	0.74%	0.74%
AVY	D	0.46%	0.12%	0.12%
AXP	A	0.56%	0.77%	0.56%
BKR	B	0.97%	0.25%	0.25%
BRK.A	B	0.99%	4.18%	0.99%
CI	F	0.88%	0.36%	0.36%
CL	D	0.55%	0.55%	0.55%
CNC	D	0.41%	0.13%	0.13%
DASH	A	0.4%	0.42%	0.4%
DD	D	0.42%	0.18%	0.18%
EBAY	D	0.25%	0.33%	0.25%
ECL	D	0.57%	0.35%	0.35%
GDDY	A	0.43%	0.31%	0.31%
HD	A	0.08%	1.6%	0.08%
HIG	B	0.79%	0.13%	0.13%
ILMN	D	0.3%	0.15%	0.15%
INTU	C	0.81%	2.08%	0.81%
KR	B	0.52%	0.37%	0.37%
LRCX	F	0.87%	0.53%	0.53%
MA	C	1.61%	3.02%	1.61%
META	D	3.01%	5.28%	3.01%
MMC	B	0.81%	0.43%	0.43%
MPC	D	0.61%	0.33%	0.33%
MSI	B	0.95%	0.91%	0.91%
MTD	D	0.48%	0.18%	0.18%
NOW	A	1.2%	2.29%	1.2%
NRG	B	0.74%	0.17%	0.17%
NTAP	C	0.68%	0.29%	0.29%
PEP	F	0.76%	1.02%	0.76%
PH	A	0.13%	0.39%	0.13%
TGT	F	0.68%	0.67%	0.67%
TT	A	0.95%	0.52%	0.52%
UBER	D	0.34%	1.04%	0.34%
UNH	C	0.34%	2.16%	0.34%
WDAY	B	0.42%	0.81%	0.42%
WMT	A	1.22%	5.09%	1.22%
XOM	B	1.16%	3.43%	1.16%

INFO Overweight 76 Positions Relative to NXTI

Symbol	Grade	Weight
NVDA	C	7.25%
AAPL	C	6.96%
MSFT	F	6.1%
AMZN	C	4.08%
GOOGL	C	3.86%
JPM	A	1.87%
CRM	B	1.54%
TSLA	B	1.38%
AVGO	D	1.22%
V	A	1.13%
NFLX	A	1.13%
MRK	F	1.12%
WFC	A	1.12%
GE	D	1.1%
TJX	A	1.04%
GM	B	1.02%
SYF	B	1.01%
LMT	D	0.94%
JNJ	D	0.94%
MCK	B	0.94%
LLY	F	0.91%
QCOM	F	0.89%
COST	B	0.89%
SPG	B	0.86%
CMCSA	B	0.86%
ETR	B	0.85%
MSCI	C	0.82%
ANET	C	0.82%
LDOS	C	0.78%
EXC	C	0.76%
EQR	B	0.76%
CTVA	C	0.76%
CBOE	B	0.73%
HOLX	D	0.73%
MAS	D	0.72%
SPGI	C	0.69%
EQIX	A	0.69%
FTV	C	0.64%
BMY	B	0.64%
MDLZ	F	0.62%
VRSK	A	0.61%
INVH	D	0.56%
BK	A	0.48%
PYPL	B	0.43%
ROST	C	0.41%
SSNC	B	0.37%
MELI	D	0.36%
NEE	D	0.36%
INGR	B	0.35%
FTI	A	0.35%
VEEV	C	0.35%
PG	A	0.35%
RPM	A	0.34%
ATR	B	0.3%
WAB	B	0.27%
CBSH	A	0.25%
UNM	A	0.25%
MU	D	0.23%
DHI	D	0.22%
SNOW	C	0.22%
AXS	A	0.2%
MKC	D	0.2%
AMD	F	0.19%
QRVO	F	0.19%
NOV	C	0.19%
DTE	C	0.18%
NXPI	D	0.17%
EOG	A	0.16%
DUK	C	0.13%
MTG	C	0.13%
NOC	D	0.1%
THC	D	0.09%
AMT	D	0.08%
EQH	B	0.07%
TOL	B	0.06%
HLT	A	0.05%

INFO Underweight 157 Positions Relative to NXTI

Symbol	Grade	Weight
ADBE	C	-2.94%
CSCO	B	-2.73%
IBM	C	-2.28%
PANW	C	-1.5%
KO	D	-1.23%
IDXX	F	-1.04%
DELL	C	-1.03%
PLTR	B	-0.99%
SNPS	B	-0.95%
SPOT	B	-0.93%
HON	B	-0.91%
PM	B	-0.9%
BKNG	A	-0.88%
CDNS	B	-0.87%
NKE	D	-0.82%
UPS	C	-0.79%
FTNT	C	-0.77%
BX	A	-0.77%
ADSK	A	-0.72%
GEV	B	-0.66%
TEAM	A	-0.61%
WMB	A	-0.59%
LOW	D	-0.59%
ABNB	C	-0.58%
FICO	B	-0.57%
PGR	A	-0.56%
CTAS	B	-0.55%
APP	B	-0.54%
DDOG	A	-0.54%
EA	A	-0.5%
ORLY	B	-0.49%
ITW	B	-0.49%
ALGN	D	-0.47%
CTSH	B	-0.47%
MMM	D	-0.47%
INCY	C	-0.46%
D	C	-0.46%
HPQ	B	-0.45%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	D	-0.43%
NBIX	C	-0.4%
INSM	C	-0.39%
NET	B	-0.38%
SHW	A	-0.36%
ELV	F	-0.36%
TRGP	B	-0.34%
HUBS	A	-0.34%
ZS	C	-0.33%
ED	D	-0.32%
PAYX	C	-0.32%
PEN	B	-0.32%
VST	B	-0.32%
KMB	D	-0.31%
GWW	B	-0.31%
CMI	A	-0.3%
HSIC	B	-0.3%
CDW	F	-0.3%
ITCI	C	-0.29%
CVS	D	-0.29%
PINS	D	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
STX	D	-0.26%
AJG	B	-0.25%
IT	C	-0.24%
AFL	B	-0.24%
RDDT	B	-0.24%
MDB	C	-0.24%
SNAP	C	-0.23%
VLTO	D	-0.23%
VMC	B	-0.23%
ZBRA	B	-0.23%
NWS	B	-0.22%
AMP	A	-0.22%
MNST	C	-0.22%
TRV	B	-0.22%
IONS	F	-0.22%
NTNX	A	-0.21%
MDGL	B	-0.2%
CYTK	F	-0.2%
BPMC	C	-0.2%
AIG	B	-0.2%
MANH	D	-0.19%
CVNA	B	-0.19%
DT	C	-0.19%
INSP	D	-0.19%
PSTG	D	-0.19%
SMMT	D	-0.19%
TOST	B	-0.19%
BBIO	F	-0.18%
FAST	B	-0.18%
EL	F	-0.18%
PRU	A	-0.18%
DOCU	A	-0.18%
BBY	D	-0.18%
FFIV	B	-0.17%
KEYS	A	-0.17%
CACI	D	-0.16%
ULTA	F	-0.16%
OTIS	C	-0.16%
GWRE	A	-0.16%
SYY	B	-0.16%
JNPR	F	-0.16%
GIS	D	-0.16%
HUM	C	-0.15%
RARE	D	-0.15%
CORT	B	-0.15%
HSY	F	-0.15%
ROL	B	-0.15%
BAH	F	-0.15%
CBRE	B	-0.15%
LYV	A	-0.15%
DECK	A	-0.14%
ALKS	B	-0.14%
WAT	B	-0.14%
DUOL	A	-0.14%
WSM	B	-0.14%
EXPE	B	-0.14%
BURL	A	-0.14%
NI	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
ACGL	D	-0.14%
CLX	B	-0.13%
DOV	A	-0.12%
EXPD	D	-0.12%
K	A	-0.12%
FOLD	F	-0.12%
TER	D	-0.12%
APLS	D	-0.12%
MTCH	D	-0.12%
PPG	F	-0.12%
BRO	B	-0.12%
TW	A	-0.11%
GTLB	B	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	B	-0.11%
TSCO	D	-0.11%
NYT	C	-0.11%
LII	A	-0.11%
PCOR	B	-0.11%
DKNG	B	-0.1%
APPF	B	-0.1%
AMED	F	-0.1%
ACI	C	-0.1%
TXT	D	-0.1%
GPC	D	-0.1%
DNLI	D	-0.1%
APTV	D	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
RS	B	-0.09%
WING	D	-0.08%
DLB	B	-0.04%
LNW	D	-0.04%