NXTI vs. WFH ETF Comparison
Comparison of Simplify Next Intangible Core Index ETF (NXTI) to Direxion Work From Home ETF (WFH)
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
$28.54
Average Daily Volume
755
10
WFH
Direxion Work From Home ETF
WFH Description
The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.Grade (RS Rating)
Last Trade
$58.79
Average Daily Volume
1,598
40
Performance
| Period | NXTI | WFH |
|---|---|---|
| 30 Days | 4.70% | 6.95% |
| 60 Days | 13.15% | 15.65% |
| 90 Days | 9.05% | 5.20% |
| 12 Months | 26.61% |
NXTI Underweight 36 Positions Relative to WFH
| Symbol | Grade | Weight | |
|---|---|---|---|
| ATUS | C | -2.84% | |
| ORCL | A | -2.8% | |
| DOCN | B | -2.74% | |
| SMAR | A | -2.74% | |
| MOMO | B | -2.73% | |
| AVGO | B | -2.71% | |
| CRM | B | -2.61% | |
| AMZN | C | -2.59% | |
| YY | C | -2.58% | |
| DOCU | A | -2.56% | |
| CRWD | D | -2.55% | |
| ZS | F | -2.55% | |
| HUBS | D | -2.54% | |
| VZ | C | -2.53% | |
| PEGA | B | -2.52% | |
| CSCO | A | -2.5% | |
| RNG | F | -2.5% | |
| MSFT | D | -2.48% | |
| NET | D | -2.48% | |
| DDOG | B | -2.47% | |
| NTAP | D | -2.45% | |
| CYBR | C | -2.44% | |
| GOOGL | B | -2.44% | |
| MRVL | C | -2.43% | |
| VRNS | B | -2.43% | |
| S | C | -2.43% | |
| SNX | C | -2.41% | |
| ZM | B | -2.37% | |
| FTNT | A | -2.36% | |
| TEAM | D | -2.36% | |
| NTCT | C | -2.35% | |
| OKTA | F | -2.32% | |
| BOX | C | -2.31% | |
| PANW | B | -2.3% | |
| XRX | D | -2.25% | |
| WDAY | D | -2.23% |
NXTI: Top Represented Industries & Keywords
WFH: Top Represented Industries & Keywords
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