NXTV vs. BLES ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to Inspire Global Hope Large Cap ETF (BLES)

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

$28.86

Average Daily Volume

732

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

BLES

Inspire Global Hope Large Cap ETF

BLES Description

Inspire Global Hope Large Cap ETF is designed to create meaningful impact by investing in some of the most inspiring companies from around the globe, while also seeking to provide investors with a low cost, high impact investment that meets the stringent demands of modern investors. All Inspire ETF%u2019s meet biblically responsible investing (BRI) standards, which measure a portfolio%u2019s alignment with biblical values.

Grade (RS Rating)

Last Trade

$39.00

Average Daily Volume

10,355

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	BLES
30 Days	5.48%	1.25%
60 Days	5.83%	-0.09%
90 Days	10.13%	1.05%
12 Months		20.29%

36 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in BLES	Overlap
AGR	B	0.14%	0.26%	0.14%
AIT	A	0.22%	0.31%	0.22%
ALB	C	0.43%	0.29%	0.29%
ARE	D	0.28%	0.23%	0.23%
BAX	D	0.53%	0.22%	0.22%
BG	F	0.18%	0.24%	0.18%
BIO	D	0.26%	0.25%	0.25%
BLDR	D	0.24%	0.24%	0.24%
BWA	D	0.16%	0.23%	0.16%
CIEN	B	0.36%	0.28%	0.28%
CINF	A	0.33%	0.29%	0.29%
COKE	C	0.17%	0.24%	0.17%
CPB	D	0.21%	0.23%	0.21%
CTRA	B	0.45%	0.28%	0.28%
DG	F	0.76%	0.23%	0.23%
DLTR	F	0.61%	0.24%	0.24%
ETR	B	0.32%	0.29%	0.29%
EVRG	A	0.14%	0.26%	0.14%
FCNCA	A	0.71%	0.31%	0.31%
GFS	C	0.91%	0.27%	0.27%
GPC	D	0.28%	0.22%	0.22%
INCY	C	0.41%	0.27%	0.27%
IP	B	0.47%	0.3%	0.3%
L	A	0.27%	0.27%	0.27%
LEN	D	0.6%	0.23%	0.23%
MKL	A	0.34%	0.28%	0.28%
MRO	B	0.39%	0.28%	0.28%
NTAP	C	0.98%	0.26%	0.26%
NUE	C	0.67%	0.25%	0.25%
OVV	B	0.27%	0.3%	0.27%
RPM	A	0.21%	0.29%	0.21%
RS	B	0.38%	0.28%	0.28%
SNA	A	0.22%	0.32%	0.22%
WCC	B	0.23%	0.32%	0.23%
WDC	D	0.92%	0.24%	0.24%
WRB	A	0.34%	0.27%	0.27%

NXTV Overweight 158 Positions Relative to BLES

Symbol	Grade	Weight
CMCSA	B	5.48%
T	A	5.05%
VZ	C	4.68%
PFE	D	4.63%
INTC	D	3.52%
DELL	C	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%
HPE	B	1.06%
GM	B	1.04%
COF	B	0.96%
ZM	B	0.96%
BBY	D	0.91%
VICI	C	0.85%
FOXA	B	0.83%
MET	A	0.83%
TRV	B	0.83%
BIIB	F	0.78%
SNAP	C	0.75%
AIG	B	0.75%
EL	F	0.74%
ALL	A	0.74%
NWS	B	0.72%
F	C	0.72%
DD	D	0.69%
PRU	A	0.67%
ZBH	C	0.64%
KHC	F	0.62%
CTVA	C	0.62%
ILMN	D	0.58%
SYY	B	0.57%
MRNA	F	0.57%
TWLO	A	0.55%
HUM	C	0.55%
JNPR	F	0.54%
CACI	D	0.53%
SRE	A	0.53%
D	C	0.5%
ACI	C	0.49%
TPR	B	0.48%
CNC	D	0.48%
PCG	A	0.46%
LBRDK	C	0.46%
CCL	B	0.45%
SNX	C	0.42%
VTRS	A	0.42%
ADM	D	0.4%
PPG	F	0.39%
EQT	B	0.39%
UAL	A	0.39%
EXC	C	0.38%
FYBR	D	0.37%
GAP	C	0.37%
EXPE	B	0.36%
ED	D	0.36%
SOLV	C	0.35%
FLEX	A	0.35%
DBX	B	0.34%
LUV	C	0.34%
SYF	B	0.34%
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	A	0.29%
SWK	D	0.28%
EXEL	B	0.27%
HSIC	B	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
TXT	D	0.26%
EG	C	0.24%
PPL	B	0.24%
FNF	B	0.24%
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%
EQH	B	0.22%
KD	B	0.22%
CNH	C	0.21%
W	F	0.21%
ROKU	D	0.21%
RNR	C	0.21%
M	D	0.2%
JEF	A	0.2%
JLL	D	0.2%
ELAN	D	0.2%
CLVT	F	0.2%
CNA	B	0.2%
ALLY	C	0.2%
KMX	B	0.2%
JAZZ	B	0.2%
COTY	F	0.19%
RIVN	F	0.19%
PAG	B	0.19%
AR	B	0.19%
RHI	B	0.18%
UPST	B	0.18%
UNM	A	0.18%
AA	B	0.18%
TOL	B	0.18%
DINO	D	0.18%
ARW	D	0.17%
AEO	F	0.17%
IAC	D	0.17%
JWN	C	0.17%
TAP	C	0.17%
ADTN	A	0.17%
LKQ	D	0.17%
FLS	B	0.17%
SIG	B	0.16%
AIZ	A	0.16%
ALIT	C	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%
WFRD	D	0.15%
X	C	0.15%
CLF	F	0.15%
LAD	A	0.15%
GL	B	0.15%
DXC	B	0.15%
URBN	C	0.15%
ASO	F	0.15%
FRSH	C	0.15%
SANM	B	0.15%
XRAY	F	0.14%
SLAB	D	0.14%
ORI	A	0.14%
FHN	A	0.14%
CIVI	D	0.13%
INGR	B	0.13%
CXT	B	0.13%
WBD	C	0.13%
SON	D	0.13%
MUR	D	0.12%
ALKS	B	0.12%
CPRI	F	0.1%
LCID	F	0.09%
MGM	D	0.08%
BYD	C	0.05%
DLB	B	0.05%

NXTV Underweight 170 Positions Relative to BLES

Symbol	Grade	Weight
COIN	C	-0.47%
TRGP	B	-0.36%
IBKR	A	-0.34%
KMI	A	-0.33%
SFM	A	-0.33%
OKE	A	-0.32%
MRVL	B	-0.32%
HQY	B	-0.32%
EMR	A	-0.31%
EVR	B	-0.31%
GRMN	B	-0.31%
NET	B	-0.31%
EME	C	-0.31%
AAON	B	-0.31%
EPAM	C	-0.3%
LW	C	-0.3%
NTNX	A	-0.3%
DLR	B	-0.3%
DDOG	A	-0.3%
FTNT	C	-0.3%
FICO	B	-0.3%
OC	A	-0.29%
VMC	B	-0.29%
LBRDA	C	-0.29%
STLD	B	-0.29%
PCAR	B	-0.29%
TRMB	B	-0.29%
RF	A	-0.29%
SNOW	C	-0.29%
AME	A	-0.29%
PODD	C	-0.29%
PANW	C	-0.29%
FAST	B	-0.29%
CPRT	A	-0.28%
SPG	B	-0.28%
WELL	A	-0.28%
MLM	B	-0.28%
SSB	B	-0.28%
WSO	A	-0.28%
ISRG	A	-0.28%
PH	A	-0.28%
APH	A	-0.28%
EOG	A	-0.28%
DECK	A	-0.28%
PKG	A	-0.28%
CW	B	-0.28%
WEC	A	-0.27%
MSCI	C	-0.27%
WAL	B	-0.27%
REG	B	-0.27%
NBIX	C	-0.27%
TYL	B	-0.27%
DOV	A	-0.27%
ORLY	B	-0.27%
RRX	B	-0.27%
ATR	B	-0.27%
JBHT	C	-0.27%
PAYX	C	-0.27%
VLO	C	-0.27%
FANG	D	-0.27%
SNPS	B	-0.27%
RSG	A	-0.27%
HAL	C	-0.27%
OGE	B	-0.27%
VRSK	A	-0.27%
WM	A	-0.27%
ATO	A	-0.27%
ANSS	B	-0.27%
CTAS	B	-0.27%
BRO	B	-0.27%
GEN	B	-0.27%
CNP	B	-0.27%
ODFL	B	-0.27%
JBL	B	-0.27%
MAA	B	-0.26%
ELS	C	-0.26%
TMHC	B	-0.26%
VTR	C	-0.26%
VEEV	C	-0.26%
CBOE	B	-0.26%
GGG	B	-0.26%
CSX	B	-0.26%
EQR	B	-0.26%
OKTA	C	-0.26%
WST	C	-0.26%
PGR	A	-0.26%
WTRG	B	-0.26%
CF	B	-0.26%
URI	B	-0.26%
ESS	B	-0.26%
MNST	C	-0.26%
SLB	C	-0.26%
AEI	D	-0.26%
NDSN	B	-0.25%
KEYS	A	-0.25%
CSGP	D	-0.25%
E	F	-0.25%
MANH	D	-0.25%
AVGO	D	-0.25%
POOL	C	-0.25%
HOLX	D	-0.25%
DVN	F	-0.25%
CMS	C	-0.25%
INVH	D	-0.25%
CSL	C	-0.25%
AZO	C	-0.25%
JKHY	D	-0.25%
QCOM	F	-0.25%
CAT	B	-0.25%
ROL	B	-0.25%
CPT	B	-0.25%
OXY	D	-0.25%
HST	C	-0.25%
UDR	B	-0.25%
RMD	C	-0.25%
ICE	C	-0.25%
SSNC	B	-0.25%
ROP	B	-0.25%
ANET	C	-0.25%
BXP	D	-0.25%
PLD	D	-0.24%
LSCC	D	-0.24%
RPRX	D	-0.24%
PSA	D	-0.24%
ON	D	-0.24%
CNI	D	-0.24%
EXR	D	-0.24%
TTC	D	-0.24%
SUI	D	-0.24%
DOC	D	-0.24%
DOX	D	-0.24%
AWK	D	-0.24%
STE	F	-0.23%
ALGN	D	-0.23%
NVR	D	-0.23%
FCX	D	-0.23%
ENTG	D	-0.23%
APA	D	-0.23%
EXPD	D	-0.23%
SCCO	F	-0.23%
NXPI	D	-0.23%
PHM	D	-0.23%
CEG	D	-0.23%
WY	D	-0.23%
MKC	D	-0.23%
CHKP	D	-0.23%
WPC	D	-0.23%
EFX	F	-0.22%
WLK	D	-0.22%
SWKS	F	-0.22%
DHI	D	-0.22%
LYB	F	-0.22%
KLAC	D	-0.21%
NEM	D	-0.21%
IQV	D	-0.21%
MCHP	D	-0.21%
CAG	D	-0.21%
MOH	F	-0.21%
IDXX	F	-0.21%
ERIE	D	-0.2%
TER	D	-0.2%
MTD	D	-0.2%
AOS	F	-0.2%
UWMC	D	-0.19%
FSLR	F	-0.19%
ELV	F	-0.19%
ICLR	D	-0.18%
SMCI	F	-0.17%
MPWR	F	-0.16%
ENPH	F	-0.14%