LGLV vs. NXTI ETF Comparison

Comparison of SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) to Simplify Next Intangible Core Index ETF (NXTI)

LGLV

SPDR SSGA US Large Cap Low Volatility Index ETF

LGLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Large Cap Low Volatility Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the stocks of U.S. large capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stock's price over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$175.44

Average Daily Volume

18,622

Number of Holdings ^*

161

* 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	LGLV	NXTI
30 Days	2.50%	5.73%
60 Days	3.84%	7.47%
90 Days	6.74%	10.93%
12 Months	27.62%

38 Overlapping Holdings

Symbol	Grade	Weight in LGLV	Weight in NXTI	Overlap
AFL	B	0.7%	0.24%	0.24%
AJG	B	0.84%	0.25%	0.25%
ALL	A	0.81%	0.19%	0.19%
AVY	D	0.56%	0.12%	0.12%
BAH	F	0.66%	0.15%	0.15%
BRK.A	B	0.95%	4.18%	0.95%
BRO	B	0.83%	0.12%	0.12%
CACI	D	0.36%	0.16%	0.16%
CL	D	1.26%	0.55%	0.55%
CSCO	B	0.52%	2.73%	0.52%
DLB	B	0.28%	0.04%	0.04%
EA	A	0.7%	0.5%	0.5%
ED	D	0.93%	0.32%	0.32%
FAST	B	0.58%	0.18%	0.18%
GIS	D	1.05%	0.16%	0.16%
HD	A	0.51%	1.6%	0.51%
HON	B	0.6%	0.91%	0.6%
IBM	C	0.63%	2.28%	0.63%
ITW	B	0.51%	0.49%	0.49%
K	A	0.83%	0.12%	0.12%
LOW	D	0.38%	0.59%	0.38%
MMC	B	0.88%	0.43%	0.43%
MMM	D	0.72%	0.47%	0.47%
MSI	B	0.81%	0.91%	0.81%
NI	A	0.6%	0.14%	0.14%
ORLY	B	0.52%	0.49%	0.49%
OTIS	C	0.67%	0.16%	0.16%
PAYX	C	0.66%	0.32%	0.32%
PEP	F	1.18%	1.02%	1.02%
PGR	A	0.98%	0.56%	0.56%
ROL	B	0.47%	0.15%	0.15%
TRV	B	0.85%	0.22%	0.22%
TSCO	D	0.51%	0.11%	0.11%
UNH	C	0.79%	2.16%	0.79%
VMC	B	0.99%	0.23%	0.23%
WMB	A	0.58%	0.59%	0.58%
WMT	A	1.34%	5.09%	1.34%
XOM	B	0.32%	3.43%	0.32%

LGLV Overweight 123 Positions Relative to NXTI

Symbol	Grade	Weight
XEL	A	1.22%
APD	A	1.19%
PEG	A	1.14%
LIN	D	1.13%
DUK	C	1.09%
AVB	B	1.06%
RSG	A	1.05%
EQR	B	1.02%
SO	D	1.02%
PG	A	1.02%
PSA	D	1.01%
WEC	A	1.0%
JNJ	D	0.98%
EQIX	A	0.93%
DTE	C	0.91%
VZ	C	0.9%
AEE	A	0.88%
NDAQ	A	0.88%
WM	A	0.85%
CME	A	0.83%
MCD	D	0.82%
KMI	A	0.82%
MCK	B	0.79%
BMY	B	0.78%
AMT	D	0.78%
LMT	D	0.77%
PKG	A	0.77%
MKL	A	0.76%
FI	A	0.75%
INVH	D	0.74%
ADP	B	0.74%
COR	B	0.73%
CB	C	0.72%
CMS	C	0.72%
COST	B	0.72%
ORCL	B	0.71%
GRMN	B	0.71%
T	A	0.71%
WTW	B	0.7%
AON	A	0.7%
BDX	F	0.7%
GD	F	0.68%
NOC	D	0.68%
ICE	C	0.68%
MAA	B	0.67%
WRB	A	0.66%
MSFT	F	0.66%
TJX	A	0.65%
FDS	B	0.65%
TYL	B	0.64%
ETN	A	0.64%
ABT	B	0.64%
V	A	0.64%
CHKP	D	0.61%
IEX	B	0.6%
FOXA	B	0.59%
MDT	D	0.59%
J	F	0.59%
VRSK	A	0.58%
ROP	B	0.57%
L	A	0.56%
SUI	D	0.56%
CASY	A	0.55%
BR	A	0.55%
TXN	C	0.55%
RYAN	B	0.54%
PCAR	B	0.54%
AME	A	0.54%
GGG	B	0.53%
GOOGL	C	0.53%
AMCR	D	0.53%
MRK	F	0.52%
UDR	B	0.52%
VRSN	F	0.49%
AZO	C	0.48%
CNA	B	0.47%
ELS	C	0.47%
UNP	C	0.47%
HLI	B	0.46%
NDSN	B	0.46%
CMCSA	B	0.45%
CHRW	C	0.45%
CPT	B	0.45%
AMH	D	0.45%
SBUX	A	0.44%
LNG	B	0.44%
JKHY	D	0.44%
NVR	D	0.43%
SCI	B	0.43%
ACN	C	0.43%
AIZ	A	0.41%
ATR	B	0.4%
YUM	B	0.4%
FTV	C	0.4%
DTM	B	0.36%
GL	B	0.36%
AKAM	D	0.36%
CSGP	D	0.36%
ORI	A	0.35%
DOX	D	0.35%
CVX	A	0.33%
CBSH	A	0.32%
DCI	B	0.32%
GPK	C	0.31%
SEIC	B	0.31%
TTC	D	0.3%
EGP	F	0.29%
CHE	D	0.29%
ADC	B	0.28%
RLI	B	0.26%
FR	C	0.26%
CDP	C	0.25%
GNTX	C	0.24%
SAIC	F	0.23%
LSTR	D	0.23%
MSA	D	0.23%
CWST	A	0.22%
SIGI	C	0.21%
DG	F	0.19%
MMS	F	0.18%
SON	D	0.17%
NEU	C	0.14%
SOLV	C	0.1%

LGLV Underweight 159 Positions Relative to NXTI

Symbol	Grade	Weight
META	D	-5.28%
MA	C	-3.02%
ADBE	C	-2.94%
NOW	A	-2.29%
INTU	C	-2.08%
PANW	C	-1.5%
KO	D	-1.23%
ALNY	D	-1.07%
IDXX	F	-1.04%
UBER	D	-1.04%
DELL	C	-1.03%
PLTR	B	-0.99%
SNPS	B	-0.95%
SPOT	B	-0.93%
PM	B	-0.9%
BKNG	A	-0.88%
CDNS	B	-0.87%
NKE	D	-0.82%
WDAY	B	-0.81%
UPS	C	-0.79%
FTNT	C	-0.77%
AXP	A	-0.77%
BX	A	-0.77%
AMAT	F	-0.74%
ADSK	A	-0.72%
TGT	F	-0.67%
GEV	B	-0.66%
TEAM	A	-0.61%
ABNB	C	-0.58%
FICO	B	-0.57%
CTAS	B	-0.55%
APP	B	-0.54%
DDOG	A	-0.54%
LRCX	F	-0.53%
TT	A	-0.52%
ALGN	D	-0.47%
CTSH	B	-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%
DASH	A	-0.42%
NBIX	C	-0.4%
INSM	C	-0.39%
PH	A	-0.39%
NET	B	-0.38%
KR	B	-0.37%
SHW	A	-0.36%
CI	F	-0.36%
ELV	F	-0.36%
ECL	D	-0.35%
TRGP	B	-0.34%
HUBS	A	-0.34%
MPC	D	-0.33%
EBAY	D	-0.33%
ZS	C	-0.33%
PEN	B	-0.32%
VST	B	-0.32%
GDDY	A	-0.31%
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%
NTAP	C	-0.29%
PINS	D	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
A	D	-0.26%
STX	D	-0.26%
BKR	B	-0.25%
IT	C	-0.24%
RDDT	B	-0.24%
MDB	C	-0.24%
SNAP	C	-0.23%
VLTO	D	-0.23%
ZBRA	B	-0.23%
NWS	B	-0.22%
AMP	A	-0.22%
MNST	C	-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%
EL	F	-0.18%
PRU	A	-0.18%
DOCU	A	-0.18%
DD	D	-0.18%
MTD	D	-0.18%
BBY	D	-0.18%
FFIV	B	-0.17%
NRG	B	-0.17%
KEYS	A	-0.17%
ULTA	F	-0.16%
GWRE	A	-0.16%
SYY	B	-0.16%
JNPR	F	-0.16%
HUM	C	-0.15%
RARE	D	-0.15%
CORT	B	-0.15%
ILMN	D	-0.15%
HSY	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%
AXSM	B	-0.14%
XYL	D	-0.14%
ACGL	D	-0.14%
CNC	D	-0.13%
HIG	B	-0.13%
CLX	B	-0.13%
DOV	A	-0.12%
EXPD	D	-0.12%
FOLD	F	-0.12%
TER	D	-0.12%
APLS	D	-0.12%
MTCH	D	-0.12%
PPG	F	-0.12%
TW	A	-0.11%
GTLB	B	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	B	-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%
LNW	D	-0.04%