LOWV vs. NXTI ETF Comparison

Comparison of AB US Low Volatility Equity ETF (LOWV) to Simplify Next Intangible Core Index ETF (NXTI)

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$70.76

Average Daily Volume

7,445

Number of Holdings ^*

* 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

$29.58

Average Daily Volume

463

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	LOWV	NXTI
30 Days	0.10%	2.04%
60 Days	1.40%	4.90%
90 Days	2.82%	8.14%
12 Months	23.86%

23 Overlapping Holdings

Symbol	Grade	Weight in LOWV	Weight in NXTI	Overlap
ADBE	D	1.45%	2.94%	1.45%
AMAT	F	0.64%	0.74%	0.64%
BKNG	A	0.94%	0.88%	0.88%
CI	D	0.99%	0.36%	0.36%
CL	D	0.51%	0.55%	0.51%
DLB	F	0.65%	0.04%	0.04%
EA	A	0.83%	0.5%	0.5%
INTU	B	1.71%	2.08%	1.71%
KO	D	1.34%	1.23%	1.23%
MA	B	1.18%	3.02%	1.18%
META	C	1.69%	5.28%	1.69%
MMC	D	1.32%	0.43%	0.43%
NOW	B	1.19%	2.29%	1.19%
NTAP	C	0.74%	0.29%	0.29%
NYT	D	0.92%	0.11%	0.11%
ORLY	B	0.47%	0.49%	0.47%
PAYX	B	0.47%	0.32%	0.32%
PGR	B	0.79%	0.56%	0.56%
PM	A	1.76%	0.9%	0.9%
SHW	C	1.03%	0.36%	0.36%
UNH	C	2.13%	2.16%	2.13%
WMT	A	0.81%	5.09%	0.81%
XOM	B	0.65%	3.43%	0.65%

LOWV Overweight 50 Positions Relative to NXTI

Symbol	Grade	Weight
MSFT	D	8.11%
GOOG	B	4.98%
AAPL	C	3.8%
AVGO	C	3.42%
FI	A	2.43%
ORCL	A	2.33%
NVDA	A	2.31%
ABBV	F	2.06%
AMZN	B	1.94%
V	A	1.9%
ADP	B	1.75%
MRK	F	1.72%
MCK	A	1.71%
JPM	A	1.52%
AZO	C	1.46%
GILD	C	1.31%
CMCSA	B	1.26%
AEP	C	1.25%
DOX	D	1.23%
LHX	B	1.19%
BAC	A	1.18%
LULU	C	1.1%
G	B	1.08%
CBOE	C	1.05%
PG	C	1.05%
EG	D	1.01%
LLY	F	0.98%
ACM	B	0.96%
VRTX	D	0.89%
YUM	D	0.88%
MDT	D	0.84%
RELX	D	0.84%
GEN	B	0.83%
WTW	B	0.78%
AEE	A	0.75%
PSA	C	0.7%
LDOS	C	0.68%
ETN	B	0.67%
LMT	D	0.67%
MSCI	B	0.63%
ADI	D	0.61%
MTB	A	0.6%
RGA	B	0.58%
AFG	A	0.5%
TSM	B	0.48%
VZ	C	0.45%
SPGI	D	0.4%
FR	C	0.39%
TMO	F	0.31%
NICE	D	0.31%

LOWV Underweight 174 Positions Relative to NXTI

Symbol	Grade	Weight
BRK.A	B	-4.18%
CSCO	B	-2.73%
IBM	C	-2.28%
HD	A	-1.6%
PANW	B	-1.5%
ALNY	D	-1.07%
IDXX	F	-1.04%
UBER	F	-1.04%
DELL	B	-1.03%
PEP	F	-1.02%
PLTR	A	-0.99%
SNPS	C	-0.95%
SPOT	B	-0.93%
MSI	B	-0.91%
HON	B	-0.91%
CDNS	B	-0.87%
NKE	F	-0.82%
WDAY	C	-0.81%
UPS	C	-0.79%
FTNT	B	-0.77%
AXP	B	-0.77%
BX	A	-0.77%
ADSK	B	-0.72%
TGT	B	-0.67%
GEV	A	-0.66%
TEAM	A	-0.61%
WMB	A	-0.59%
LOW	C	-0.59%
ABNB	D	-0.58%
FICO	B	-0.57%
CTAS	B	-0.55%
APP	A	-0.54%
DDOG	A	-0.54%
LRCX	F	-0.53%
TT	A	-0.52%
ITW	B	-0.49%
ALGN	D	-0.47%
CTSH	C	-0.47%
MMM	D	-0.47%
INCY	C	-0.46%
D	C	-0.46%
HPQ	B	-0.45%
NTRA	A	-0.45%
FDX	B	-0.44%
SRPT	F	-0.43%
DASH	A	-0.42%
NBIX	C	-0.4%
INSM	C	-0.39%
PH	B	-0.39%
NET	B	-0.38%
KR	B	-0.37%
ELV	F	-0.36%
ECL	D	-0.35%
TRGP	A	-0.34%
HUBS	B	-0.34%
MPC	D	-0.33%
EBAY	D	-0.33%
ZS	B	-0.33%
ED	C	-0.32%
PEN	B	-0.32%
VST	A	-0.32%
GDDY	A	-0.31%
KMB	C	-0.31%
GWW	B	-0.31%
CMI	A	-0.3%
HSIC	C	-0.3%
CDW	F	-0.3%
ITCI	B	-0.29%
CVS	F	-0.29%
PINS	F	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
A	F	-0.26%
STX	D	-0.26%
BKR	B	-0.25%
AJG	B	-0.25%
IT	C	-0.24%
AFL	C	-0.24%
RDDT	A	-0.24%
MDB	C	-0.24%
SNAP	D	-0.23%
VLTO	C	-0.23%
VMC	B	-0.23%
ZBRA	B	-0.23%
NWS	A	-0.22%
AMP	A	-0.22%
MNST	C	-0.22%
TRV	A	-0.22%
IONS	F	-0.22%
NTNX	B	-0.21%
MDGL	C	-0.2%
CYTK	D	-0.2%
BPMC	C	-0.2%
AIG	C	-0.2%
MANH	D	-0.19%
CVNA	A	-0.19%
DT	C	-0.19%
INSP	F	-0.19%
ALL	A	-0.19%
PSTG	F	-0.19%
SMMT	D	-0.19%
TOST	A	-0.19%
BBIO	F	-0.18%
FAST	B	-0.18%
EL	F	-0.18%
PRU	B	-0.18%
DOCU	B	-0.18%
DD	D	-0.18%
MTD	F	-0.18%
BBY	D	-0.18%
FFIV	B	-0.17%
NRG	B	-0.17%
KEYS	C	-0.17%
CACI	C	-0.16%
ULTA	F	-0.16%
OTIS	C	-0.16%
GWRE	A	-0.16%
SYY	D	-0.16%
JNPR	D	-0.16%
GIS	F	-0.16%
HUM	D	-0.15%
RARE	F	-0.15%
CORT	C	-0.15%
ILMN	C	-0.15%
HSY	F	-0.15%
ROL	B	-0.15%
BAH	D	-0.15%
CBRE	B	-0.15%
LYV	A	-0.15%
DECK	A	-0.14%
ALKS	C	-0.14%
WAT	C	-0.14%
DUOL	A	-0.14%
WSM	D	-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%
CNC	F	-0.13%
HIG	B	-0.13%
CLX	A	-0.13%
DOV	B	-0.12%
AVY	D	-0.12%
EXPD	D	-0.12%
K	B	-0.12%
FOLD	F	-0.12%
TER	F	-0.12%
APLS	F	-0.12%
MTCH	F	-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	C	-0.11%
TSCO	D	-0.11%
LII	A	-0.11%
PCOR	C	-0.11%
DKNG	B	-0.1%
APPF	C	-0.1%
AMED	F	-0.1%
ACI	C	-0.1%
TXT	D	-0.1%
GPC	F	-0.1%
DNLI	C	-0.1%
APTV	F	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
RS	B	-0.09%
WING	D	-0.08%
LNW	F	-0.04%