NXTV vs. INFO ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to Harbor PanAgora Dynamic Large Cap Core ETF (INFO)

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

INFO

Harbor PanAgora Dynamic Large Cap Core ETF

INFO Description

INFO aims to generate alpha consistently within the large-cap US market. Portfolio construction utilizes a bottom-up investment strategy integrating fundamental analysis with quantitative techniques and risk management tools. The subadvisor employs a proprietary alpha modeling framework to identify companies with strong financial and operational health, aiming for above-market returns relative to the S&P 500 Index. The strategy incorporates uncorrelated alpha factors, such as value, momentum, and quality. Additionally, ESG attributes are also evaluated to enhance the overall alpha scores. Security weighting is determined using a proprietary optimization technique, balancing alpha generation with risk metrics like tracking err, market risk, and concentration risk.

Grade (RS Rating)

Last Trade

$20.71

Average Daily Volume

785

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	INFO
30 Days	5.48%	1.88%
60 Days	5.83%
90 Days	10.13%
12 Months

20 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in INFO	Overlap
ALL	A	0.74%	0.83%	0.74%
CMCSA	B	5.48%	0.86%	0.86%
CNC	D	0.48%	0.41%	0.41%
CTVA	C	0.62%	0.76%	0.62%
DD	D	0.69%	0.42%	0.42%
EBAY	D	1.1%	0.25%	0.25%
EQH	B	0.22%	0.07%	0.07%
ETR	B	0.32%	0.85%	0.32%
EXC	C	0.38%	0.76%	0.38%
FTI	A	0.3%	0.35%	0.3%
GM	B	1.04%	1.02%	1.02%
ILMN	D	0.58%	0.3%	0.3%
INGR	B	0.13%	0.35%	0.13%
KR	B	1.77%	0.52%	0.52%
NOV	C	0.16%	0.19%	0.16%
NTAP	C	0.98%	0.68%	0.68%
RPM	A	0.21%	0.34%	0.21%
SYF	B	0.34%	1.01%	0.34%
TOL	B	0.18%	0.06%	0.06%
UNM	A	0.18%	0.25%	0.18%

NXTV Overweight 174 Positions Relative to INFO

Symbol	Grade	Weight
T	A	5.05%
VZ	C	4.68%
PFE	D	4.63%
INTC	D	3.52%
DELL	C	3.41%
C	A	1.95%
HPQ	B	1.47%
FDX	B	1.15%
CVS	D	1.08%
HPE	B	1.06%
COF	B	0.96%
ZM	B	0.96%
WDC	D	0.92%
BBY	D	0.91%
GFS	C	0.91%
VICI	C	0.85%
FOXA	B	0.83%
MET	A	0.83%
TRV	B	0.83%
BIIB	F	0.78%
DG	F	0.76%
SNAP	C	0.75%
AIG	B	0.75%
EL	F	0.74%
NWS	B	0.72%
F	C	0.72%
FCNCA	A	0.71%
PRU	A	0.67%
NUE	C	0.67%
ZBH	C	0.64%
KHC	F	0.62%
DLTR	F	0.61%
LEN	D	0.6%
SYY	B	0.57%
MRNA	F	0.57%
TWLO	A	0.55%
HUM	C	0.55%
JNPR	F	0.54%
CACI	D	0.53%
BAX	D	0.53%
SRE	A	0.53%
D	C	0.5%
ACI	C	0.49%
TPR	B	0.48%
IP	B	0.47%
PCG	A	0.46%
LBRDK	C	0.46%
CCL	B	0.45%
CTRA	B	0.45%
ALB	C	0.43%
SNX	C	0.42%
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%
FYBR	D	0.37%
GAP	C	0.37%
CIEN	B	0.36%
EXPE	B	0.36%
ED	D	0.36%
SOLV	C	0.35%
FLEX	A	0.35%
WRB	A	0.34%
DBX	B	0.34%
LUV	C	0.34%
MKL	A	0.34%
CINF	A	0.33%
TSN	B	0.32%
PATH	C	0.31%
LEVI	F	0.3%
CFG	B	0.3%
PFG	D	0.29%
CRBG	B	0.29%
BILL	A	0.29%
PEGA	A	0.29%
GPC	D	0.28%
ARE	D	0.28%
SWK	D	0.28%
EXEL	B	0.27%
OVV	B	0.27%
HSIC	B	0.27%
L	A	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
TXT	D	0.26%
BIO	D	0.26%
EG	C	0.24%
BLDR	D	0.24%
PPL	B	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%
AIT	A	0.22%
KD	B	0.22%
CNH	C	0.21%
CPB	D	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%
BG	F	0.18%
AA	B	0.18%
DINO	D	0.18%
COKE	C	0.17%
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%
BWA	D	0.16%
NI	A	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%
EVRG	A	0.14%
ORI	A	0.14%
AGR	B	0.14%
FHN	A	0.14%
CIVI	D	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 96 Positions Relative to INFO

Symbol	Grade	Weight
NVDA	C	-7.25%
AAPL	C	-6.96%
MSFT	F	-6.1%
AMZN	C	-4.08%
GOOGL	C	-3.86%
META	D	-3.01%
JPM	A	-1.87%
MA	C	-1.61%
CRM	B	-1.54%
TSLA	B	-1.38%
AVGO	D	-1.22%
WMT	A	-1.22%
NOW	A	-1.2%
XOM	B	-1.16%
V	A	-1.13%
NFLX	A	-1.13%
MRK	F	-1.12%
WFC	A	-1.12%
GE	D	-1.1%
TJX	A	-1.04%
BRK.A	B	-0.99%
BKR	B	-0.97%
TT	A	-0.95%
MSI	B	-0.95%
LMT	D	-0.94%
JNJ	D	-0.94%
MCK	B	-0.94%
AMAT	F	-0.93%
LLY	F	-0.91%
QCOM	F	-0.89%
COST	B	-0.89%
CI	F	-0.88%
LRCX	F	-0.87%
SPG	B	-0.86%
MSCI	C	-0.82%
ANET	C	-0.82%
INTU	C	-0.81%
MMC	B	-0.81%
HIG	B	-0.79%
LDOS	C	-0.78%
EQR	B	-0.76%
PEP	F	-0.76%
NRG	B	-0.74%
CBOE	B	-0.73%
A	D	-0.73%
HOLX	D	-0.73%
MAS	D	-0.72%
SPGI	C	-0.69%
EQIX	A	-0.69%
TGT	F	-0.68%
FTV	C	-0.64%
BMY	B	-0.64%
MDLZ	F	-0.62%
VRSK	A	-0.61%
MPC	D	-0.61%
ECL	D	-0.57%
AXP	A	-0.56%
INVH	D	-0.56%
CL	D	-0.55%
MTD	D	-0.48%
BK	A	-0.48%
AVY	D	-0.46%
GDDY	A	-0.43%
PYPL	B	-0.43%
WDAY	B	-0.42%
ROST	C	-0.41%
DASH	A	-0.4%
SSNC	B	-0.37%
MELI	D	-0.36%
NEE	D	-0.36%
VEEV	C	-0.35%
PG	A	-0.35%
UNH	C	-0.34%
UBER	D	-0.34%
ALNY	D	-0.3%
ATR	B	-0.3%
WAB	B	-0.27%
CBSH	A	-0.25%
MU	D	-0.23%
DHI	D	-0.22%
SNOW	C	-0.22%
AXS	A	-0.2%
MKC	D	-0.2%
AMD	F	-0.19%
QRVO	F	-0.19%
DTE	C	-0.18%
NXPI	D	-0.17%
EOG	A	-0.16%
DUK	C	-0.13%
MTG	C	-0.13%
PH	A	-0.13%
NOC	D	-0.1%
THC	D	-0.09%
AMT	D	-0.08%
HD	A	-0.08%
HLT	A	-0.05%