NXTI vs. JPME ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME)

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

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

JPME Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell Midcap Diversified Factor Index. The fund will invest at least 80% of its net assets in securities included in the underlying index. It may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$109.93

Average Daily Volume

10,028

Number of Holdings ^*

338

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	JPME
30 Days	5.73%	5.14%
60 Days	7.47%	5.14%
90 Days	10.93%	7.46%
12 Months		30.14%

51 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in JPME	Overlap
A	D	0.26%	0.29%	0.26%
ACGL	D	0.14%	0.1%	0.1%
ACI	C	0.1%	0.3%	0.1%
AFL	B	0.24%	0.38%	0.24%
AJG	B	0.25%	0.37%	0.25%
AMP	A	0.22%	0.48%	0.22%
APP	B	0.54%	1.27%	0.54%
AVY	D	0.12%	0.3%	0.12%
BAH	F	0.15%	0.14%	0.14%
BBY	D	0.18%	0.29%	0.18%
BKR	B	0.25%	0.18%	0.18%
BRO	B	0.12%	0.17%	0.12%
CACI	D	0.16%	0.4%	0.16%
CBRE	B	0.15%	0.44%	0.15%
CDW	F	0.3%	0.26%	0.26%
CLX	B	0.13%	0.35%	0.13%
CMI	A	0.3%	0.47%	0.3%
CNC	D	0.13%	0.25%	0.13%
DECK	A	0.14%	0.38%	0.14%
DLB	B	0.04%	0.22%	0.04%
ED	D	0.32%	0.35%	0.32%
EXEL	B	0.29%	0.43%	0.29%
EXPD	D	0.12%	0.22%	0.12%
FAST	B	0.18%	0.41%	0.18%
GIS	D	0.16%	0.32%	0.16%
GWW	B	0.31%	0.43%	0.31%
HIG	B	0.13%	0.38%	0.13%
HPQ	B	0.45%	0.3%	0.3%
HSIC	B	0.3%	0.29%	0.29%
HSY	F	0.15%	0.21%	0.15%
INCY	C	0.46%	0.27%	0.27%
IT	C	0.24%	0.38%	0.24%
JNPR	F	0.16%	0.38%	0.16%
K	A	0.12%	0.38%	0.12%
KEYS	A	0.17%	0.17%	0.17%
KR	B	0.37%	0.42%	0.37%
MANH	D	0.19%	0.37%	0.19%
NBIX	C	0.4%	0.25%	0.25%
NI	A	0.14%	0.41%	0.14%
NRG	B	0.17%	0.45%	0.17%
NTAP	C	0.29%	0.34%	0.29%
PAYX	C	0.32%	0.27%	0.27%
RS	B	0.09%	0.37%	0.09%
SYY	B	0.16%	0.27%	0.16%
TER	D	0.12%	0.27%	0.12%
TRGP	B	0.34%	0.49%	0.34%
TSCO	D	0.11%	0.34%	0.11%
TXT	D	0.1%	0.13%	0.1%
VST	B	0.32%	0.71%	0.32%
WMB	A	0.59%	0.47%	0.47%
WSM	B	0.14%	0.31%	0.14%

NXTI Overweight 146 Positions Relative to JPME

Symbol	Grade	Weight
META	D	5.28%
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
MA	C	3.02%
ADBE	C	2.94%
CSCO	B	2.73%
NOW	A	2.29%
IBM	C	2.28%
UNH	C	2.16%
INTU	C	2.08%
HD	A	1.6%
PANW	C	1.5%
KO	D	1.23%
ALNY	D	1.07%
IDXX	F	1.04%
UBER	D	1.04%
DELL	C	1.03%
PEP	F	1.02%
PLTR	B	0.99%
SNPS	B	0.95%
SPOT	B	0.93%
MSI	B	0.91%
HON	B	0.91%
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%
LOW	D	0.59%
ABNB	C	0.58%
FICO	B	0.57%
PGR	A	0.56%
CL	D	0.55%
CTAS	B	0.55%
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	B	0.47%
MMM	D	0.47%
D	C	0.46%
NTRA	B	0.45%
FDX	B	0.44%
SRPT	D	0.43%
MMC	B	0.43%
DASH	A	0.42%
INSM	C	0.39%
PH	A	0.39%
NET	B	0.38%
SHW	A	0.36%
CI	F	0.36%
ELV	F	0.36%
ECL	D	0.35%
HUBS	A	0.34%
MPC	D	0.33%
EBAY	D	0.33%
ZS	C	0.33%
PEN	B	0.32%
GDDY	A	0.31%
KMB	D	0.31%
ITCI	C	0.29%
CVS	D	0.29%
PINS	D	0.29%
IOT	A	0.28%
STX	D	0.26%
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%
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%
CVNA	B	0.19%
DT	C	0.19%
INSP	D	0.19%
ALL	A	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%
FFIV	B	0.17%
ULTA	F	0.16%
OTIS	C	0.16%
GWRE	A	0.16%
HUM	C	0.15%
RARE	D	0.15%
CORT	B	0.15%
ILMN	D	0.15%
ROL	B	0.15%
LYV	A	0.15%
ALKS	B	0.14%
WAT	B	0.14%
DUOL	A	0.14%
EXPE	B	0.14%
BURL	A	0.14%
AXSM	B	0.14%
XYL	D	0.14%
DOV	A	0.12%
FOLD	F	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%
GPC	D	0.1%
DNLI	D	0.1%
APTV	D	0.1%
CHWY	B	0.09%
DYN	F	0.09%
WING	D	0.08%
LNW	D	0.04%

NXTI Underweight 287 Positions Relative to JPME

Symbol	Grade	Weight
CIEN	B	-0.51%
ALSN	B	-0.51%
SYF	B	-0.51%
DTM	B	-0.5%
UNM	A	-0.5%
JEF	A	-0.49%
KMI	A	-0.48%
PWR	A	-0.46%
OMF	A	-0.45%
OKE	A	-0.45%
IP	B	-0.45%
ETR	B	-0.45%
LNG	B	-0.44%
TPL	A	-0.44%
SNA	A	-0.44%
GRMN	B	-0.44%
TPR	B	-0.43%
FCNCA	A	-0.43%
TXRH	C	-0.43%
HUBB	B	-0.43%
USFD	A	-0.43%
INGR	B	-0.42%
EHC	B	-0.42%
ATO	A	-0.42%
TOL	B	-0.42%
STLD	B	-0.42%
PPC	C	-0.42%
UTHR	C	-0.42%
CSL	C	-0.42%
TAP	C	-0.42%
CF	B	-0.41%
RGA	A	-0.41%
MRO	B	-0.41%
CLH	B	-0.41%
RPM	A	-0.41%
HBAN	A	-0.41%
CASY	A	-0.41%
SPG	B	-0.41%
PEG	A	-0.41%
OC	A	-0.41%
XEL	A	-0.41%
LDOS	C	-0.41%
PKG	A	-0.41%
EVRG	A	-0.4%
OGE	B	-0.4%
CAH	B	-0.4%
BRX	A	-0.4%
AM	A	-0.4%
THC	D	-0.4%
LITE	B	-0.4%
PR	B	-0.4%
ORI	A	-0.4%
PFGC	B	-0.4%
PCG	A	-0.39%
DGX	A	-0.39%
WEC	A	-0.39%
AME	A	-0.39%
TYL	B	-0.39%
IRM	D	-0.39%
PNW	B	-0.39%
COR	B	-0.39%
EMN	D	-0.39%
PPL	B	-0.39%
LAMR	D	-0.39%
ESI	A	-0.39%
CHTR	C	-0.39%
OHI	C	-0.38%
VTRS	A	-0.38%
DVA	B	-0.38%
LNT	A	-0.38%
FANG	D	-0.38%
EME	C	-0.38%
JLL	D	-0.38%
AVB	B	-0.38%
UGI	A	-0.37%
DTE	C	-0.37%
REG	B	-0.37%
NVR	D	-0.37%
SPB	C	-0.37%
FYBR	D	-0.37%
MTG	C	-0.37%
ROKU	D	-0.37%
CMS	C	-0.37%
PHM	D	-0.37%
VVV	F	-0.36%
RMD	C	-0.36%
GLPI	C	-0.36%
LEN	D	-0.36%
NXST	C	-0.36%
EIX	B	-0.36%
DKS	C	-0.36%
NFG	A	-0.36%
TSN	B	-0.36%
BRBR	A	-0.36%
KIM	A	-0.36%
TKR	D	-0.35%
PAG	B	-0.35%
FE	C	-0.35%
CNM	D	-0.35%
CUBE	D	-0.35%
GGG	B	-0.35%
POST	C	-0.35%
DINO	D	-0.35%
SSNC	B	-0.35%
CBOE	B	-0.35%
ANSS	B	-0.34%
COKE	C	-0.34%
BLDR	D	-0.34%
HPE	B	-0.34%
KVUE	A	-0.33%
MSM	C	-0.33%
CHE	D	-0.33%
CTRA	B	-0.33%
EPR	D	-0.33%
DHI	D	-0.33%
UHS	D	-0.33%
X	C	-0.33%
VICI	C	-0.33%
GEN	B	-0.33%
HRB	D	-0.33%
PK	B	-0.33%
CHD	B	-0.33%
BG	F	-0.33%
STE	F	-0.32%
LH	C	-0.32%
AN	C	-0.32%
CPB	D	-0.32%
JBL	B	-0.32%
HST	C	-0.32%
HOLX	D	-0.32%
FBIN	D	-0.32%
ESS	B	-0.31%
ROST	C	-0.31%
WY	D	-0.31%
EG	C	-0.31%
RBC	A	-0.31%
MTB	A	-0.31%
WLK	D	-0.31%
NUE	C	-0.31%
CAG	D	-0.31%
MAS	D	-0.31%
LYB	F	-0.31%
HIW	D	-0.3%
LECO	B	-0.3%
GNTX	C	-0.3%
BPOP	B	-0.3%
LSTR	D	-0.3%
AR	B	-0.3%
CTVA	C	-0.3%
NEU	C	-0.3%
DOX	D	-0.3%
EQR	B	-0.29%
IFF	D	-0.29%
RGLD	C	-0.29%
KRC	C	-0.29%
MOS	F	-0.29%
SJM	D	-0.29%
MOH	F	-0.29%
RRC	B	-0.29%
ADM	D	-0.29%
SAM	C	-0.28%
VEEV	C	-0.28%
EXC	C	-0.28%
SNX	C	-0.28%
MEDP	D	-0.28%
SAIC	F	-0.28%
IQV	D	-0.28%
MKC	D	-0.28%
CLF	F	-0.28%
OMC	C	-0.28%
OLN	D	-0.28%
WST	C	-0.28%
AOS	F	-0.28%
STAG	F	-0.28%
DVN	F	-0.27%
OVV	B	-0.27%
BYD	C	-0.27%
MPWR	F	-0.27%
CRUS	D	-0.27%
R	B	-0.27%
FRPT	B	-0.27%
LPX	B	-0.27%
ASH	D	-0.26%
HRL	D	-0.26%
DRI	B	-0.26%
FLO	D	-0.26%
AMH	D	-0.26%
JAZZ	B	-0.26%
MAA	B	-0.25%
SMG	D	-0.25%
UI	A	-0.25%
QGEN	D	-0.25%
RVTY	F	-0.25%
L	A	-0.25%
HAL	C	-0.25%
CWEN	C	-0.24%
IRDM	D	-0.24%
SWKS	F	-0.24%
AGO	B	-0.24%
ON	D	-0.24%
IDA	A	-0.24%
MGM	D	-0.23%
STWD	C	-0.23%
EGP	F	-0.23%
FR	C	-0.23%
CROX	D	-0.22%
WPC	D	-0.22%
NNN	D	-0.22%
PRI	A	-0.22%
HUN	F	-0.22%
EXP	A	-0.21%
MCHP	D	-0.21%
RPRX	D	-0.21%
FMC	D	-0.21%
CPT	B	-0.2%
BRKR	D	-0.2%
AFG	A	-0.19%
FITB	A	-0.19%
CE	F	-0.19%
FNF	B	-0.18%
GLW	B	-0.18%
REYN	D	-0.18%
REXR	F	-0.18%
NVT	B	-0.18%
FRT	B	-0.18%
RF	A	-0.17%
ITT	A	-0.17%
ACHC	F	-0.17%
SLM	A	-0.17%
ELAN	D	-0.16%
SCI	B	-0.15%
CUZ	B	-0.15%
AXS	A	-0.15%
APA	D	-0.14%
AVT	C	-0.14%
SON	D	-0.14%
PINC	B	-0.14%
DFS	B	-0.14%
M	D	-0.14%
RYN	D	-0.14%
POOL	C	-0.13%
WEN	D	-0.13%
WTM	A	-0.13%
BWA	D	-0.13%
THO	B	-0.13%
AKAM	D	-0.12%
QRVO	F	-0.12%
CFG	B	-0.11%
ALLY	C	-0.11%
KEY	B	-0.1%
SLGN	A	-0.1%
CXT	B	-0.1%
NSA	D	-0.09%
XRAY	F	-0.09%
LBRDK	C	-0.09%
AYI	B	-0.09%
ZION	B	-0.09%
TFX	F	-0.08%
PB	A	-0.07%
GEHC	F	-0.07%
TNL	A	-0.07%
RHI	B	-0.07%
FNB	A	-0.07%
CMA	A	-0.07%
TECH	D	-0.06%
CNXC	F	-0.06%
NDSN	B	-0.06%
GO	C	-0.06%
IEX	B	-0.05%
NVST	B	-0.05%
PFG	D	-0.05%
HXL	D	-0.05%
CR	A	-0.05%
WU	D	-0.04%
CRI	D	-0.04%
BIIB	F	-0.04%
VIRT	B	-0.04%
IPG	D	-0.03%
ADTN	A	-0.03%
FTRE	D	-0.03%
PAYC	B	-0.03%
HOG	D	-0.02%
AEE	A	-0.02%
KSS	F	-0.01%
ATR	B	-0.01%
CC	C	-0.0%
CNA	B	-0.0%