NXTV vs. AIEQ ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to AI Powered Equity ETF (AIEQ)

NXTV

Simplify Next Intangible Value Index ETF

NXTV Description

NXTV targets US companies with low equity valuations relative to their intangible-adjusted book values 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 an intangible-adjusted book value for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the lowest equity valuations relative to their intangible adjusted book values 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. Holdings are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$28.45

Average Daily Volume

731

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.00

Average Daily Volume

7,303

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	AIEQ
30 Days	3.77%	7.36%
60 Days	4.81%	9.84%
90 Days	8.56%	10.93%
12 Months		33.64%

18 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in AIEQ	Overlap
ACI	C	0.49%	0.17%	0.17%
BIIB	F	0.78%	0.71%	0.71%
CIVI	D	0.13%	0.13%	0.13%
DINO	D	0.18%	0.16%	0.16%
EL	F	0.74%	0.72%	0.72%
F	C	0.72%	0.95%	0.72%
FCNCA	A	0.71%	0.42%	0.42%
GFS	C	0.91%	0.27%	0.27%
GL	C	0.15%	0.3%	0.15%
GPC	D	0.28%	0.62%	0.28%
HPE	B	1.06%	0.77%	0.77%
INTC	C	3.52%	3.77%	3.52%
JAZZ	B	0.2%	0.14%	0.14%
MGM	D	0.08%	0.54%	0.08%
MUR	D	0.12%	0.15%	0.12%
RIVN	F	0.19%	0.14%	0.14%
SNX	D	0.42%	0.33%	0.33%
WFRD	D	0.15%	0.07%	0.07%

NXTV Overweight 176 Positions Relative to AIEQ

Symbol	Grade	Weight
CMCSA	B	5.48%
T	A	5.05%
VZ	C	4.68%
PFE	F	4.63%
DELL	B	3.41%
C	A	1.95%
KR	B	1.77%
HPQ	B	1.47%
FDX	B	1.15%
EBAY	D	1.1%
CVS	D	1.08%
GM	C	1.04%
NTAP	C	0.98%
COF	C	0.96%
ZM	C	0.96%
WDC	D	0.92%
BBY	D	0.91%
VICI	C	0.85%
FOXA	A	0.83%
MET	A	0.83%
TRV	B	0.83%
DG	F	0.76%
SNAP	D	0.75%
AIG	B	0.75%
ALL	A	0.74%
NWS	A	0.72%
DD	C	0.69%
PRU	A	0.67%
NUE	C	0.67%
ZBH	C	0.64%
KHC	F	0.62%
CTVA	C	0.62%
DLTR	F	0.61%
LEN	D	0.6%
ILMN	C	0.58%
SYY	D	0.57%
MRNA	F	0.57%
TWLO	A	0.55%
HUM	C	0.55%
JNPR	D	0.54%
CACI	D	0.53%
BAX	F	0.53%
SRE	A	0.53%
D	C	0.5%
TPR	B	0.48%
CNC	D	0.48%
IP	A	0.47%
PCG	A	0.46%
LBRDK	C	0.46%
CCL	A	0.45%
CTRA	B	0.45%
ALB	B	0.43%
VTRS	A	0.42%
INCY	C	0.41%
ADM	D	0.4%
PPG	F	0.39%
EQT	B	0.39%
UAL	A	0.39%
MRO	B	0.39%
RS	B	0.38%
EXC	C	0.38%
FYBR	C	0.37%
GAP	C	0.37%
CIEN	C	0.36%
EXPE	B	0.36%
ED	C	0.36%
SOLV	D	0.35%
FLEX	B	0.35%
WRB	A	0.34%
DBX	B	0.34%
LUV	C	0.34%
MKL	A	0.34%
SYF	B	0.34%
CINF	A	0.33%
ETR	B	0.32%
TSN	B	0.32%
PATH	C	0.31%
LEVI	F	0.3%
CFG	B	0.3%
FTI	A	0.3%
PFG	D	0.29%
CRBG	B	0.29%
BILL	A	0.29%
PEGA	B	0.29%
ARE	F	0.28%
SWK	D	0.28%
EXEL	B	0.27%
OVV	B	0.27%
HSIC	C	0.27%
L	A	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
TXT	D	0.26%
BIO	C	0.26%
EG	C	0.24%
BLDR	D	0.24%
PPL	A	0.24%
FNF	B	0.24%
WCC	B	0.23%
VFC	C	0.23%
NSIT	F	0.23%
LUMN	C	0.23%
SATS	D	0.23%
PFGC	B	0.22%
RGA	A	0.22%
USM	B	0.22%
SNA	A	0.22%
EQH	C	0.22%
AIT	B	0.22%
KD	B	0.22%
CNH	C	0.21%
RPM	A	0.21%
CPB	D	0.21%
W	D	0.21%
ROKU	D	0.21%
RNR	C	0.21%
M	F	0.2%
JEF	A	0.2%
JLL	D	0.2%
ELAN	D	0.2%
CLVT	D	0.2%
CNA	C	0.2%
ALLY	C	0.2%
KMX	B	0.2%
COTY	F	0.19%
PAG	B	0.19%
AR	B	0.19%
RHI	C	0.18%
UPST	B	0.18%
BG	D	0.18%
UNM	A	0.18%
AA	A	0.18%
TOL	B	0.18%
COKE	C	0.17%
ARW	D	0.17%
AEO	F	0.17%
IAC	F	0.17%
JWN	D	0.17%
TAP	C	0.17%
ADTN	A	0.17%
LKQ	F	0.17%
FLS	B	0.17%
SIG	B	0.16%
AIZ	A	0.16%
ALIT	C	0.16%
BWA	D	0.16%
NI	A	0.16%
NOV	C	0.16%
PVH	C	0.16%
WHR	B	0.16%
ZI	D	0.16%
BEN	C	0.16%
X	B	0.15%
CLF	F	0.15%
LAD	A	0.15%
DXC	B	0.15%
URBN	C	0.15%
ASO	F	0.15%
FRSH	B	0.15%
SANM	B	0.15%
XRAY	F	0.14%
SLAB	F	0.14%
EVRG	A	0.14%
ORI	A	0.14%
AGR	A	0.14%
FHN	A	0.14%
INGR	C	0.13%
CXT	C	0.13%
WBD	B	0.13%
SON	F	0.13%
ALKS	C	0.12%
CPRI	F	0.1%
LCID	F	0.09%
BYD	B	0.05%
DLB	B	0.05%

NXTV Underweight 118 Positions Relative to AIEQ

Symbol	Grade	Weight
NVDA	B	-4.07%
AMZN	C	-3.9%
GS	A	-3.64%
GOOGL	C	-3.4%
AVGO	D	-3.35%
CRWD	B	-2.94%
DIS	B	-2.63%
PLTR	B	-2.62%
ISRG	A	-2.6%
NKE	F	-2.52%
VRTX	D	-2.27%
ELV	F	-2.24%
APH	A	-2.2%
CVX	A	-2.09%
FI	A	-2.08%
VST	A	-1.88%
APP	B	-1.73%
BA	F	-1.65%
CHTR	C	-1.38%
EMR	B	-1.37%
SNOW	B	-1.34%
FANG	C	-1.32%
UPS	C	-1.28%
ZS	B	-1.02%
EW	C	-1.02%
LPLA	A	-1.01%
HST	C	-0.98%
RCL	A	-0.94%
DXCM	C	-0.94%
DASH	B	-0.93%
TEAM	A	-0.92%
LVS	B	-0.89%
TDG	D	-0.87%
HWM	A	-0.82%
SQ	A	-0.81%
FSLR	F	-0.77%
DFS	B	-0.72%
WSM	C	-0.66%
STLD	B	-0.62%
LNG	A	-0.61%
CSL	C	-0.59%
QRVO	F	-0.59%
LYB	F	-0.59%
GRMN	B	-0.55%
OKTA	C	-0.54%
UHS	D	-0.53%
XPO	B	-0.51%
PSTG	D	-0.5%
LII	A	-0.49%
RHP	B	-0.47%
ETSY	D	-0.43%
ENPH	F	-0.43%
LLY	F	-0.42%
SFM	A	-0.39%
IEX	C	-0.37%
AAP	D	-0.36%
GNRC	C	-0.36%
HRB	D	-0.35%
AOS	F	-0.34%
CTLT	C	-0.33%
FN	C	-0.32%
ESTC	C	-0.31%
EXP	B	-0.29%
KBR	F	-0.29%
RH	C	-0.29%
BWXT	B	-0.29%
NVT	B	-0.27%
HOG	D	-0.27%
HALO	F	-0.25%
APA	D	-0.24%
RYAN	A	-0.24%
TECH	F	-0.22%
OSK	C	-0.22%
FLR	B	-0.22%
TTC	C	-0.22%
MTSI	B	-0.21%
BPMC	B	-0.21%
CMC	B	-0.2%
BSY	F	-0.19%
CNX	A	-0.19%
HLI	A	-0.19%
COOP	B	-0.19%
SEE	C	-0.18%
FIVN	C	-0.18%
LNC	C	-0.18%
HAE	C	-0.18%
DCI	B	-0.17%
EEFT	B	-0.17%
NBIX	C	-0.17%
VKTX	F	-0.17%
GMED	A	-0.17%
CHRD	D	-0.17%
LNTH	D	-0.16%
TENB	C	-0.16%
MAN	F	-0.16%
SUM	B	-0.15%
ITCI	C	-0.14%
OMF	A	-0.14%
PRGO	C	-0.14%
TREX	C	-0.14%
POWI	F	-0.14%
TDW	F	-0.13%
ST	F	-0.13%
ORA	B	-0.13%
CHE	D	-0.13%
SM	B	-0.12%
HP	C	-0.12%
LPX	B	-0.12%
MSA	F	-0.11%
VVV	D	-0.11%
NOG	B	-0.11%
TKR	D	-0.11%
GATX	A	-0.1%
EXPO	D	-0.1%
AM	A	-0.1%
CHX	C	-0.07%
CFLT	B	-0.07%
RIG	D	-0.05%