NXTI vs. PALC ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

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

PALC

Pacer Lunt Large Cap Multi-Factor Alternator ETF

PALC Description

The investment seeks to track the total return performance, before fees and expenses, of the Lunt Capital U.S. Large Cap Multi-Factor Rotation Index. Under normal circumstances, at least 80% of the fund’s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of its underlying index or in one or more ETFs that track the performance of all or a portion of such component securities in the same approximate proportion as in the fund’s underlying index. The index uses an objective, rules-based methodology to provide exposure to large-capitalization U.S. companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$52.39

Average Daily Volume

19,012

Number of Holdings ^*

181

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	PALC
30 Days	5.73%	4.42%
60 Days	7.47%	6.04%
90 Days	10.93%	8.35%
12 Months		36.24%

48 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in PALC	Overlap
AFL	B	0.24%	0.46%	0.24%
AIG	B	0.2%	0.47%	0.2%
AJG	B	0.25%	0.47%	0.25%
AMP	A	0.22%	0.62%	0.22%
AVY	D	0.12%	0.46%	0.12%
BKNG	A	0.88%	1.25%	0.88%
BRK.A	B	4.18%	0.69%	0.69%
BRO	B	0.12%	0.47%	0.12%
CL	D	0.55%	0.49%	0.49%
CSCO	B	2.73%	0.55%	0.55%
CTAS	B	0.55%	0.49%	0.49%
EA	A	0.5%	0.49%	0.49%
ECL	D	0.35%	0.44%	0.35%
ED	D	0.32%	0.42%	0.32%
EL	F	0.18%	0.1%	0.1%
ELV	F	0.36%	0.32%	0.32%
FICO	B	0.57%	0.57%	0.57%
FTNT	C	0.77%	0.57%	0.57%
GIS	D	0.16%	0.39%	0.16%
HIG	B	0.13%	0.5%	0.13%
HON	B	0.91%	0.58%	0.58%
HPQ	B	0.45%	0.3%	0.3%
HSIC	B	0.3%	0.06%	0.06%
ITW	B	0.49%	0.55%	0.49%
KMB	D	0.31%	0.42%	0.31%
KO	D	1.23%	0.56%	0.56%
LOW	D	0.59%	1.55%	0.59%
LYV	A	0.15%	0.2%	0.15%
MA	C	3.02%	0.58%	0.58%
MMC	B	0.43%	0.56%	0.43%
MSI	B	0.91%	0.56%	0.56%
MTCH	D	0.12%	0.08%	0.08%
MTD	D	0.18%	0.23%	0.18%
NI	A	0.14%	0.09%	0.09%
ORLY	B	0.49%	0.69%	0.49%
OTIS	C	0.16%	0.87%	0.16%
PAYX	C	0.32%	0.49%	0.32%
PEP	F	1.02%	0.45%	0.45%
PM	B	0.9%	2.49%	0.9%
PPG	F	0.12%	0.43%	0.12%
PRU	A	0.18%	0.5%	0.18%
STX	D	0.26%	0.13%	0.13%
SYY	B	0.16%	0.41%	0.16%
TRGP	B	0.34%	0.23%	0.23%
WAT	B	0.14%	0.15%	0.14%
WMB	A	0.59%	0.59%	0.59%
WMT	A	5.09%	0.59%	0.59%
XYL	D	0.14%	0.23%	0.14%

NXTI Overweight 149 Positions Relative to PALC

Symbol	Grade	Weight
META	D	5.28%
XOM	B	3.43%
ADBE	C	2.94%
NOW	A	2.29%
IBM	C	2.28%
UNH	C	2.16%
INTU	C	2.08%
HD	A	1.6%
PANW	C	1.5%
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%
CDNS	B	0.87%
NKE	D	0.82%
WDAY	B	0.81%
UPS	C	0.79%
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%
PGR	A	0.56%
APP	B	0.54%
DDOG	A	0.54%
LRCX	F	0.53%
TT	A	0.52%
ALGN	D	0.47%
CTSH	B	0.47%
MMM	D	0.47%
INCY	C	0.46%
D	C	0.46%
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%
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%
GWW	B	0.31%
CMI	A	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%
BKR	B	0.25%
IT	C	0.24%
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%
MANH	D	0.19%
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%
FAST	B	0.18%
DOCU	A	0.18%
DD	D	0.18%
BBY	D	0.18%
FFIV	B	0.17%
NRG	B	0.17%
KEYS	A	0.17%
CACI	D	0.16%
ULTA	F	0.16%
GWRE	A	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%
ROL	B	0.15%
BAH	F	0.15%
CBRE	B	0.15%
DECK	A	0.14%
ALKS	B	0.14%
DUOL	A	0.14%
WSM	B	0.14%
EXPE	B	0.14%
BURL	A	0.14%
AXSM	B	0.14%
ACGL	D	0.14%
CNC	D	0.13%
CLX	B	0.13%
DOV	A	0.12%
EXPD	D	0.12%
K	A	0.12%
FOLD	F	0.12%
TER	D	0.12%
APLS	D	0.12%
TW	A	0.11%
GTLB	B	0.11%
TGTX	B	0.11%
IOVA	F	0.11%
RL	B	0.11%
TSCO	D	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%
DLB	B	0.04%
LNW	D	0.04%

NXTI Underweight 133 Positions Relative to PALC

Symbol	Grade	Weight
TSLA	B	-3.78%
JPM	A	-3.26%
MCD	D	-2.85%
ORCL	B	-2.07%
BAC	A	-1.98%
GS	A	-1.96%
AMGN	D	-1.64%
WFC	A	-1.42%
MO	A	-1.39%
MS	A	-1.36%
MCK	B	-1.17%
SBUX	A	-1.13%
OKE	A	-1.07%
HLT	A	-1.04%
AON	A	-1.03%
C	A	-1.01%
NEE	D	-0.92%
PFE	D	-0.9%
YUM	B	-0.89%
BK	A	-0.88%
AMT	D	-0.86%
AME	A	-0.79%
MET	A	-0.77%
TDG	D	-0.76%
TMUS	B	-0.72%
BA	F	-0.7%
HCA	F	-0.69%
MSCI	C	-0.65%
MAR	B	-0.65%
V	A	-0.65%
VRTX	F	-0.64%
FI	A	-0.64%
VRSN	F	-0.63%
KMI	A	-0.61%
RSG	A	-0.6%
L	A	-0.6%
ATO	A	-0.55%
AZO	C	-0.55%
CMS	C	-0.55%
TJX	A	-0.55%
ETR	B	-0.54%
FE	C	-0.54%
PG	A	-0.54%
IEX	B	-0.53%
ROP	B	-0.53%
ADP	B	-0.52%
CB	C	-0.51%
PKG	A	-0.51%
CME	A	-0.51%
LIN	D	-0.51%
ICE	C	-0.5%
JNJ	D	-0.49%
COR	B	-0.49%
PFG	D	-0.49%
WM	A	-0.49%
SRE	A	-0.49%
CSX	B	-0.48%
WELL	A	-0.48%
CHD	B	-0.48%
COST	B	-0.48%
DRI	B	-0.48%
PPL	B	-0.48%
DUK	C	-0.47%
PEG	A	-0.47%
OMC	C	-0.47%
SPGI	C	-0.47%
BR	A	-0.46%
UNP	C	-0.46%
GD	F	-0.46%
WEC	A	-0.45%
ABT	B	-0.45%
AVB	B	-0.45%
SO	D	-0.45%
LNT	A	-0.45%
LH	C	-0.45%
EVRG	A	-0.44%
STZ	D	-0.44%
DGX	A	-0.44%
MDT	D	-0.44%
LMT	D	-0.44%
MDLZ	F	-0.43%
KDP	D	-0.42%
APD	A	-0.42%
HOLX	D	-0.41%
CBOE	B	-0.4%
NEM	D	-0.39%
ABBV	D	-0.38%
LYB	F	-0.37%
DOW	F	-0.35%
TFC	A	-0.34%
CPRT	A	-0.34%
SPG	B	-0.34%
CCI	D	-0.33%
REGN	F	-0.33%
SBAC	D	-0.31%
LHX	C	-0.31%
CHTR	C	-0.29%
CAH	B	-0.26%
F	C	-0.26%
RCL	A	-0.25%
TTWO	A	-0.24%
PCG	A	-0.24%
RMD	C	-0.22%
STT	A	-0.18%
EIX	B	-0.18%
MAS	D	-0.17%
BIIB	F	-0.15%
HUBB	B	-0.15%
UAL	A	-0.15%
DPZ	C	-0.14%
VTR	C	-0.14%
PTC	A	-0.13%
TRMB	B	-0.13%
EQT	B	-0.13%
AES	F	-0.12%
ES	D	-0.12%
CCL	B	-0.12%
NDSN	B	-0.11%
KEY	B	-0.11%
NTRS	A	-0.11%
WYNN	D	-0.1%
AKAM	D	-0.09%
MGM	D	-0.08%
BXP	D	-0.08%
ALB	C	-0.08%
LKQ	D	-0.07%
KMX	B	-0.07%
LW	C	-0.07%
NCLH	B	-0.06%
TECH	D	-0.06%
CZR	F	-0.05%
CTLT	B	-0.05%
FMC	D	-0.04%