NXTI vs. AGOX ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to Adaptive Growth Opportunities ETF (AGOX)

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

AGOX

Adaptive Growth Opportunities ETF

AGOX Description

The investment seeks capital appreciation. The fund's portfolio manager seeks to achieve its investment objective of capital appreciation by investing in ETFs that are registered under the Investment Company Act of 1940, as amended and not affiliated with the fund that invest in equity securities of any market capitalization of issuers from a number of countries throughout the world, including emerging market countries. The manager primarily utilizes ETFs and equities but may also use fixed income securities to diversify its asset classes. The fixed income securities in which the fund will invest will be investment grade and may be of any duration or maturity.

Grade (RS Rating)

Last Trade

$28.88

Average Daily Volume

28,579

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	AGOX
30 Days	2.04%	-1.84%
60 Days	4.90%	-0.65%
90 Days	8.14%	-2.08%
12 Months		22.86%

11 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in AGOX	Overlap
AMP	A	0.22%	0.45%	0.22%
BKNG	A	0.88%	0.45%	0.45%
DECK	A	0.14%	1.17%	0.14%
ECL	D	0.35%	0.28%	0.28%
FICO	B	0.57%	1.14%	0.57%
GWW	B	0.31%	0.98%	0.31%
MANH	D	0.19%	0.2%	0.19%
MDGL	C	0.2%	0.35%	0.2%
META	C	5.28%	0.23%	0.23%
PGR	B	0.56%	1.34%	0.56%
XOM	B	3.43%	0.02%	0.02%

NXTI Overweight 186 Positions Relative to AGOX

Symbol	Grade	Weight
WMT	A	5.09%
BRK.A	B	4.18%
MA	B	3.02%
ADBE	D	2.94%
CSCO	B	2.73%
NOW	B	2.29%
IBM	C	2.28%
UNH	C	2.16%
INTU	B	2.08%
HD	A	1.6%
PANW	B	1.5%
KO	D	1.23%
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%
PM	A	0.9%
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%
AMAT	F	0.74%
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%
CL	D	0.55%
CTAS	B	0.55%
APP	A	0.54%
DDOG	A	0.54%
LRCX	F	0.53%
TT	A	0.52%
EA	A	0.5%
ORLY	B	0.49%
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%
MMC	D	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%
SHW	C	0.36%
CI	D	0.36%
ELV	F	0.36%
TRGP	A	0.34%
HUBS	B	0.34%
MPC	D	0.33%
EBAY	D	0.33%
ZS	B	0.33%
ED	C	0.32%
PAYX	B	0.32%
PEN	B	0.32%
VST	A	0.32%
GDDY	A	0.31%
KMB	C	0.31%
CMI	A	0.3%
HSIC	C	0.3%
CDW	F	0.3%
ITCI	B	0.29%
CVS	F	0.29%
NTAP	C	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%
MNST	C	0.22%
TRV	A	0.22%
IONS	F	0.22%
NTNX	B	0.21%
CYTK	D	0.2%
BPMC	C	0.2%
AIG	C	0.2%
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%
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%
NYT	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%
DLB	F	0.04%
LNW	F	0.04%

NXTI Underweight 54 Positions Relative to AGOX

Symbol	Grade	Weight
QQQ	B	-22.48%
AMZN	B	-8.06%
XLC	A	-6.77%
BSX	A	-4.69%
HWM	A	-2.35%
NVDA	A	-2.35%
AAPL	C	-1.92%
CRM	B	-1.72%
SMH	C	-1.69%
MSFT	D	-1.56%
GE	D	-1.22%
VRT	A	-1.21%
KCE	A	-1.14%
VRSK	B	-1.13%
VRTX	D	-1.11%
BMI	C	-0.89%
CPRT	B	-0.89%
CRS	A	-0.86%
ETN	B	-0.86%
T	A	-0.82%
TDG	D	-0.8%
INTC	C	-0.77%
CEG	C	-0.76%
NVO	F	-0.74%
XAR	A	-0.72%
MMS	D	-0.62%
REGN	F	-0.62%
SPSC	F	-0.61%
CBOE	C	-0.56%
ARGT	A	-0.53%
ANF	C	-0.46%
IESC	A	-0.45%
IR	B	-0.45%
MOG.A	B	-0.41%
RJF	A	-0.39%
PTGX	D	-0.39%
AMD	F	-0.35%
JPM	A	-0.34%
FSS	B	-0.3%
AI	B	-0.29%
TYL	B	-0.29%
HUBB	B	-0.26%
TPH	D	-0.26%
GRBK	D	-0.25%
LLY	F	-0.24%
AROC	A	-0.23%
WINA	B	-0.21%
SWKS	F	-0.18%
PWR	A	-0.13%
AVGO	C	-0.12%
TSLA	A	-0.06%
ORCL	A	-0.01%
BAC	A	-0.0%
OGIG	A	-0.0%