NXTI vs. LCDS ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to JPMorgan Fundamental Data Science Large Core ETF (LCDS)

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

$30.57

Average Daily Volume

460

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

LCDS

JPMorgan Fundamental Data Science Large Core ETF

LCDS Description

Under normal circumstances, the fund invests at least 80% of its assets in equity securities of large, well established companies. Many of the equity securities in the fund"s portfolio will be technology companies or companies that rely heavily on technological advances. In managing the fund, the adviser employs a fundamental data science enabled investment approach that combines research, data insights, and risk management. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.69

Average Daily Volume

102

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	LCDS
30 Days	7.37%	3.20%
60 Days	7.78%	4.49%
90 Days	11.36%	6.77%
12 Months

27 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in LCDS	Overlap
AMP	B	0.22%	1.13%	0.22%
APTV	F	0.1%	0.11%	0.1%
AXP	A	0.77%	1.46%	0.77%
BRK.A	B	4.18%	0.75%	0.75%
CI	D	0.36%	0.6%	0.36%
CTSH	B	0.47%	0.48%	0.47%
DD	D	0.18%	0.71%	0.18%
DOV	A	0.12%	0.71%	0.12%
EL	F	0.18%	0.1%	0.1%
FICO	B	0.57%	0.71%	0.57%
HON	B	0.91%	1.12%	0.91%
INTU	C	2.08%	0.88%	0.88%
KO	D	1.23%	0.73%	0.73%
LOW	C	0.59%	1.33%	0.59%
LRCX	F	0.53%	0.22%	0.22%
MA	B	3.02%	1.98%	1.98%
META	D	5.28%	3.39%	3.39%
MSI	C	0.91%	0.21%	0.21%
PGR	A	0.56%	1.02%	0.56%
PM	B	0.9%	1.45%	0.9%
SNPS	B	0.95%	0.32%	0.32%
SPOT	B	0.93%	0.62%	0.62%
STX	D	0.26%	0.7%	0.26%
TT	B	0.52%	1.32%	0.52%
UNH	B	2.16%	2.16%	2.16%
UPS	C	0.79%	1.22%	0.79%
XOM	C	3.43%	1.79%	1.79%

NXTI Overweight 170 Positions Relative to LCDS

Symbol	Grade	Weight
WMT	B	5.09%
ADBE	C	2.94%
CSCO	A	2.73%
NOW	B	2.29%
IBM	C	2.28%
HD	A	1.6%
PANW	C	1.5%
ALNY	D	1.07%
IDXX	F	1.04%
UBER	D	1.04%
DELL	C	1.03%
PEP	F	1.02%
PLTR	B	0.99%
BKNG	B	0.88%
CDNS	B	0.87%
NKE	F	0.82%
WDAY	C	0.81%
FTNT	C	0.77%
BX	B	0.77%
AMAT	F	0.74%
ADSK	B	0.72%
TGT	F	0.67%
GEV	C	0.66%
TEAM	B	0.61%
WMB	B	0.59%
ABNB	C	0.58%
CL	D	0.55%
CTAS	B	0.55%
APP	B	0.54%
DDOG	A	0.54%
EA	C	0.5%
ORLY	B	0.49%
ITW	A	0.49%
ALGN	D	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	F	0.43%
MMC	A	0.43%
DASH	A	0.42%
NBIX	C	0.4%
INSM	C	0.39%
PH	A	0.39%
NET	B	0.38%
KR	A	0.37%
SHW	A	0.36%
ELV	F	0.36%
ECL	D	0.35%
TRGP	B	0.34%
HUBS	B	0.34%
MPC	F	0.33%
EBAY	C	0.33%
ZS	C	0.33%
ED	D	0.32%
PAYX	B	0.32%
PEN	C	0.32%
VST	B	0.32%
GDDY	B	0.31%
KMB	C	0.31%
GWW	A	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	F	0.29%
EXEL	A	0.29%
IOT	B	0.28%
A	D	0.26%
BKR	C	0.25%
AJG	A	0.25%
IT	C	0.24%
AFL	B	0.24%
RDDT	B	0.24%
MDB	C	0.24%
SNAP	C	0.23%
VLTO	C	0.23%
VMC	B	0.23%
ZBRA	A	0.23%
NWS	B	0.22%
MNST	B	0.22%
TRV	B	0.22%
IONS	F	0.22%
NTNX	B	0.21%
MDGL	B	0.2%
CYTK	F	0.2%
BPMC	C	0.2%
AIG	B	0.2%
MANH	C	0.19%
CVNA	B	0.19%
DT	C	0.19%
INSP	D	0.19%
ALL	B	0.19%
PSTG	D	0.19%
SMMT	D	0.19%
TOST	B	0.19%
BBIO	D	0.18%
FAST	B	0.18%
PRU	A	0.18%
DOCU	A	0.18%
MTD	F	0.18%
BBY	D	0.18%
FFIV	A	0.17%
NRG	C	0.17%
KEYS	B	0.17%
CACI	D	0.16%
ULTA	F	0.16%
OTIS	C	0.16%
GWRE	B	0.16%
SYY	C	0.16%
JNPR	F	0.16%
GIS	D	0.16%
HUM	C	0.15%
RARE	F	0.15%
CORT	B	0.15%
ILMN	C	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	B	0.14%
WSM	B	0.14%
EXPE	B	0.14%
BURL	B	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	C	0.13%
AVY	D	0.12%
EXPD	C	0.12%
K	A	0.12%
FOLD	F	0.12%
TER	F	0.12%
APLS	D	0.12%
MTCH	F	0.12%
PPG	D	0.12%
BRO	B	0.12%
TW	B	0.11%
GTLB	C	0.11%
TGTX	B	0.11%
IOVA	F	0.11%
RL	B	0.11%
TSCO	C	0.11%
NYT	C	0.11%
LII	A	0.11%
PCOR	B	0.11%
DKNG	C	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%
CHWY	C	0.09%
DYN	F	0.09%
RS	B	0.09%
WING	F	0.08%
DLB	B	0.04%
LNW	D	0.04%

NXTI Underweight 60 Positions Relative to LCDS

Symbol	Grade	Weight
NVDA	C	-7.58%
MSFT	D	-7.47%
AAPL	B	-5.88%
AMZN	C	-4.7%
GOOGL	C	-3.04%
WFC	A	-2.44%
ABBV	D	-1.51%
BMY	B	-1.47%
SYK	C	-1.47%
BAC	A	-1.34%
AVGO	D	-1.31%
CRM	B	-1.25%
CMCSA	C	-1.24%
HWM	B	-1.15%
TSLA	B	-1.14%
EOG	C	-1.14%
LLY	F	-1.11%
CSX	B	-1.1%
COP	D	-1.02%
MDLZ	F	-0.99%
NXPI	D	-0.93%
MET	A	-0.91%
REGN	F	-0.89%
NOC	D	-0.87%
SO	D	-0.87%
MU	D	-0.87%
MCD	D	-0.87%
CME	A	-0.76%
DHR	D	-0.76%
SQ	B	-0.75%
NEE	D	-0.73%
DLR	A	-0.7%
TMUS	A	-0.69%
PCG	B	-0.69%
APH	B	-0.68%
MS	B	-0.66%
MDT	D	-0.66%
AXTA	A	-0.66%
TFC	B	-0.64%
HLT	A	-0.63%
PLD	D	-0.61%
CMS	C	-0.59%
HPE	B	-0.58%
CMG	B	-0.55%
DE	B	-0.54%
AZO	C	-0.54%
LDOS	D	-0.53%
TJX	A	-0.53%
PFGC	A	-0.47%
VRTX	D	-0.45%
FCNCA	B	-0.41%
ELAN	F	-0.39%
WEX	F	-0.38%
BJ	B	-0.36%
MTG	B	-0.35%
COST	B	-0.34%
CHD	B	-0.3%
EQIX	A	-0.25%
SBUX	B	-0.14%
LIN	D	-0.13%