NXTI vs. SPHQ ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to PowerShares S&P 500 High Quality Portfolio (SPHQ)

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

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500Â® High Quality Portfolio (Fund) is based on the S&P 500Â® High Quality Rankings Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$68.34

Average Daily Volume

861,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	SPHQ
30 Days	5.73%	2.20%
60 Days	7.47%	1.70%
90 Days	10.93%	3.87%
12 Months		32.58%

44 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in SPHQ	Overlap
A	D	0.26%	0.37%	0.26%
ACGL	D	0.14%	0.41%	0.14%
ADBE	C	2.94%	2.87%	2.87%
ADSK	A	0.72%	0.86%	0.72%
AMAT	F	0.74%	1.68%	0.74%
AMP	A	0.22%	0.86%	0.22%
CDW	F	0.3%	0.25%	0.25%
CLX	B	0.13%	0.24%	0.13%
CMI	A	0.3%	0.57%	0.3%
CNC	D	0.13%	0.36%	0.13%
CSCO	B	2.73%	2.61%	2.61%
CTAS	B	0.55%	0.76%	0.55%
CTSH	B	0.47%	0.37%	0.37%
DD	D	0.18%	0.32%	0.18%
DECK	A	0.14%	0.29%	0.14%
EA	A	0.5%	0.37%	0.37%
EBAY	D	0.33%	0.34%	0.33%
EXPD	D	0.12%	0.21%	0.12%
FAST	B	0.18%	0.59%	0.18%
FFIV	B	0.17%	0.15%	0.15%
GWW	B	0.31%	0.59%	0.31%
HSY	F	0.15%	0.26%	0.15%
IDXX	F	1.04%	0.4%	0.4%
INTU	C	2.08%	1.83%	1.83%
IT	C	0.24%	0.64%	0.24%
ITW	B	0.49%	1.16%	0.49%
K	A	0.12%	0.26%	0.12%
KEYS	A	0.17%	0.26%	0.17%
KMB	D	0.31%	0.52%	0.31%
LRCX	F	0.53%	1.06%	0.53%
MA	C	3.02%	5.45%	3.02%
MNST	C	0.22%	0.4%	0.22%
MPC	D	0.33%	0.58%	0.33%
NKE	D	0.82%	1.08%	0.82%
PANW	C	1.5%	1.24%	1.24%
PAYX	C	0.32%	0.66%	0.32%
PEP	F	1.02%	2.26%	1.02%
PGR	A	0.56%	1.63%	0.56%
RL	B	0.11%	0.09%	0.09%
SHW	A	0.36%	1.01%	0.36%
SYY	B	0.16%	0.37%	0.16%
ULTA	F	0.16%	0.21%	0.16%
VLTO	D	0.23%	0.26%	0.23%
VMC	B	0.23%	0.37%	0.23%

NXTI Overweight 153 Positions Relative to SPHQ

Symbol	Grade	Weight
META	D	5.28%
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
NOW	A	2.29%
IBM	C	2.28%
UNH	C	2.16%
HD	A	1.6%
KO	D	1.23%
ALNY	D	1.07%
UBER	D	1.04%
DELL	C	1.03%
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%
WDAY	B	0.81%
UPS	C	0.79%
FTNT	C	0.77%
AXP	A	0.77%
BX	A	0.77%
TGT	F	0.67%
GEV	B	0.66%
TEAM	A	0.61%
WMB	A	0.59%
LOW	D	0.59%
ABNB	C	0.58%
FICO	B	0.57%
CL	D	0.55%
APP	B	0.54%
DDOG	A	0.54%
TT	A	0.52%
ORLY	B	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	D	0.43%
MMC	B	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%
CI	F	0.36%
ELV	F	0.36%
ECL	D	0.35%
TRGP	B	0.34%
HUBS	A	0.34%
ZS	C	0.33%
ED	D	0.32%
PEN	B	0.32%
VST	B	0.32%
GDDY	A	0.31%
HSIC	B	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%
STX	D	0.26%
BKR	B	0.25%
AJG	B	0.25%
AFL	B	0.24%
RDDT	B	0.24%
MDB	C	0.24%
SNAP	C	0.23%
ZBRA	B	0.23%
NWS	B	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%
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%
EL	F	0.18%
PRU	A	0.18%
DOCU	A	0.18%
MTD	D	0.18%
BBY	D	0.18%
NRG	B	0.17%
CACI	D	0.16%
OTIS	C	0.16%
GWRE	A	0.16%
JNPR	F	0.16%
GIS	D	0.16%
HUM	C	0.15%
RARE	D	0.15%
CORT	B	0.15%
ILMN	D	0.15%
ROL	B	0.15%
BAH	F	0.15%
CBRE	B	0.15%
LYV	A	0.15%
ALKS	B	0.14%
WAT	B	0.14%
DUOL	A	0.14%
WSM	B	0.14%
EXPE	B	0.14%
BURL	A	0.14%
NI	A	0.14%
AXSM	B	0.14%
XYL	D	0.14%
HIG	B	0.13%
DOV	A	0.12%
AVY	D	0.12%
FOLD	F	0.12%
TER	D	0.12%
APLS	D	0.12%
MTCH	D	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%
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 55 Positions Relative to SPHQ

Symbol	Grade	Weight
V	A	-5.29%
AVGO	D	-5.28%
AAPL	C	-4.97%
JNJ	D	-4.84%
MSFT	F	-4.5%
COST	B	-4.29%
NFLX	A	-4.24%
PG	A	-3.89%
QCOM	F	-2.2%
GE	D	-2.02%
ADP	B	-2.01%
CAT	B	-2.01%
LMT	D	-1.65%
TJX	A	-1.54%
KLAC	D	-1.05%
MDLZ	F	-0.9%
EMR	A	-0.88%
ZTS	D	-0.74%
MCO	B	-0.73%
ROST	C	-0.47%
KVUE	A	-0.46%
COR	B	-0.46%
VRSK	A	-0.45%
MLM	B	-0.44%
VLO	C	-0.44%
MCHP	D	-0.43%
LEN	D	-0.42%
ROK	B	-0.4%
GEHC	F	-0.4%
LULU	C	-0.38%
NVR	D	-0.3%
BR	A	-0.27%
BALL	D	-0.27%
ADM	D	-0.26%
TROW	B	-0.26%
BLDR	D	-0.24%
CINF	A	-0.23%
LH	C	-0.23%
LYB	F	-0.21%
OMC	C	-0.2%
STE	F	-0.2%
BAX	D	-0.19%
POOL	C	-0.19%
JBL	B	-0.19%
HOLX	D	-0.17%
EG	C	-0.16%
CHRW	C	-0.14%
SWKS	F	-0.14%
JKHY	D	-0.13%
AOS	F	-0.11%
APA	D	-0.1%
MKTX	D	-0.1%
BWA	D	-0.1%
PAYC	B	-0.1%
SOLV	C	-0.09%