NXTV vs. PNQI ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to PowerShares Nasdaq Internet Portfolio (PNQI)

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

$28.11

Average Daily Volume

708

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

PNQI

PowerShares Nasdaq Internet Portfolio

PNQI Description

The PowerShares NASDAQ Internet Portfolio (Fund) is based on the NASDAQ Internet IndexÂ® (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 track the performance of the largest and most liquid US-listed companies engaged in internet-related businesses and that are listed on one of the major US stock exchanges. The Underlying Index employs a modified market capitalization-weighted methodology based on the market capitalization ranking of the Underlying Index securities. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$46.14

Average Daily Volume

45,655

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	PNQI
30 Days	0.57%	4.15%
60 Days	3.08%	7.82%
90 Days	7.66%	11.45%
12 Months		36.52%

8 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in PNQI	Overlap
DBX	C	0.33%	0.21%	0.21%
EBAY	D	1.22%	0.93%	0.93%
EXPE	A	0.33%	0.7%	0.33%
ROKU	C	0.24%	0.29%	0.24%
SNAP	D	0.65%	0.52%	0.52%
U	F	0.3%	0.25%	0.25%
W	D	0.27%	0.12%	0.12%
ZM	B	0.88%	0.66%	0.66%

NXTV Overweight 187 Positions Relative to PNQI

Symbol	Grade	Weight
CMCSA	B	5.15%
VZ	C	4.9%
T	A	4.84%
PFE	F	4.65%
INTC	C	3.77%
DELL	B	3.21%
C	A	1.86%
KR	B	1.78%
HPQ	A	1.46%
CVS	D	1.18%
FDX	A	1.13%
HPE	B	1.09%
EL	F	1.05%
NTAP	D	1.04%
BBY	D	1.02%
GFS	C	0.98%
WDC	F	0.94%
GM	B	0.9%
COF	B	0.87%
VICI	C	0.87%
MET	A	0.86%
BIIB	F	0.85%
FOXA	B	0.82%
DG	F	0.79%
TRV	A	0.78%
ALL	A	0.74%
DD	D	0.73%
F	C	0.73%
AIG	A	0.71%
NUE	D	0.7%
MRNA	F	0.69%
NWS	B	0.68%
FCNCA	A	0.67%
HUM	D	0.66%
PRU	A	0.65%
LEN	D	0.65%
DLTR	F	0.65%
KHC	F	0.64%
ZBH	C	0.63%
CTVA	D	0.59%
SYY	B	0.58%
CNC	F	0.57%
BAX	F	0.56%
SRE	A	0.53%
JNPR	D	0.53%
ILMN	C	0.52%
ACI	C	0.49%
D	C	0.48%
CACI	C	0.47%
TPR	A	0.46%
PCG	A	0.44%
CTRA	A	0.44%
SNX	C	0.43%
LBRDK	C	0.43%
TWLO	A	0.43%
ALB	C	0.42%
ADM	D	0.42%
IP	A	0.41%
VTRS	A	0.41%
PPG	D	0.4%
EXC	C	0.39%
GAP	C	0.39%
RS	B	0.38%
EQT	A	0.38%
CCL	A	0.37%
MRO	A	0.37%
LEVI	F	0.37%
FYBR	C	0.36%
INCY	B	0.36%
ED	D	0.36%
CIEN	B	0.34%
MKL	A	0.34%
SWK	F	0.33%
SOLV	C	0.33%
WRB	A	0.33%
GPC	D	0.33%
FLEX	B	0.33%
TSN	A	0.32%
LUV	A	0.32%
AMKR	F	0.31%
PATH	D	0.31%
CINF	A	0.31%
SYF	B	0.3%
CFG	A	0.29%
FTI	A	0.29%
PFG	A	0.29%
ARE	F	0.29%
DDS	B	0.28%
NSIT	F	0.28%
UAL	A	0.28%
TXT	D	0.28%
BLDR	D	0.27%
ETR	A	0.27%
L	A	0.27%
HSIC	C	0.27%
BILL	A	0.26%
LUMN	C	0.26%
OVV	C	0.26%
CRBG	B	0.26%
PEGA	B	0.26%
FNF	C	0.25%
EG	D	0.25%
PPL	A	0.24%
BIO	D	0.24%
SATS	D	0.23%
ELAN	D	0.23%
COTY	F	0.23%
CPB	D	0.22%
RNR	D	0.22%
RGA	A	0.22%
KD	A	0.22%
AR	B	0.21%
CPRI	F	0.21%
DINO	D	0.21%
AIT	A	0.21%
CLVT	F	0.21%
KMX	B	0.21%
VFC	C	0.21%
JLL	C	0.2%
M	D	0.2%
PAG	B	0.2%
CNH	C	0.2%
EQH	B	0.2%
ALLY	C	0.2%
JAZZ	B	0.2%
CNA	C	0.2%
BG	D	0.2%
RIVN	F	0.2%
PFGC	B	0.2%
EXEL	B	0.2%
IAC	F	0.19%
JEF	A	0.19%
SNA	A	0.19%
AEO	F	0.19%
USM	B	0.19%
TOL	B	0.19%
COKE	D	0.19%
RPM	A	0.19%
WCC	B	0.19%
TAP	B	0.18%
ARW	D	0.18%
SWN	C	0.18%
LKQ	F	0.18%
BWA	B	0.17%
JWN	C	0.17%
FLS	A	0.17%
AA	A	0.17%
RHI	C	0.17%
ADTN	A	0.17%
SIG	C	0.17%
ASO	F	0.17%
BEN	C	0.16%
XRAY	F	0.16%
AIZ	A	0.16%
PVH	C	0.16%
NOV	D	0.16%
URBN	C	0.16%
WHR	A	0.16%
ALIT	C	0.16%
UNM	A	0.16%
GL	B	0.15%
SANM	B	0.15%
ZI	D	0.15%
FRSH	C	0.15%
SLAB	F	0.15%
NI	A	0.15%
WFRD	F	0.15%
DXC	D	0.15%
LCID	F	0.14%
LAD	A	0.14%
ORI	A	0.14%
EVRG	A	0.14%
AGR	A	0.14%
CLF	F	0.14%
UPST	B	0.14%
FHN	A	0.13%
MUR	D	0.13%
CIVI	C	0.13%
INGR	B	0.13%
WBD	B	0.13%
CXT	D	0.13%
X	C	0.13%
ALKS	C	0.13%
SON	D	0.13%
MGM	D	0.08%
DLB	D	0.05%
BYD	B	0.04%

NXTV Underweight 69 Positions Relative to PNQI

Symbol	Grade	Weight
AMZN	B	-8.45%
META	C	-8.2%
GOOG	B	-7.9%
MSFT	D	-7.34%
AAPL	C	-7.18%
CRM	B	-4.61%
BKNG	A	-4.59%
NFLX	A	-4.11%
DIS	B	-3.97%
UBER	F	-3.57%
SHOP	B	-3.25%
ADBE	F	-3.12%
MELI	D	-2.92%
PYPL	A	-2.61%
BABA	D	-2.44%
SPOT	A	-2.43%
DASH	A	-2.03%
ABNB	C	-1.83%
COIN	A	-1.7%
CPNG	D	-1.21%
SE	B	-1.14%
CSGP	F	-0.98%
RBLX	B	-0.97%
GDDY	A	-0.77%
TCOM	B	-0.75%
DKNG	B	-0.6%
JD	D	-0.57%
VRSN	F	-0.55%
PINS	F	-0.54%
DOCU	B	-0.5%
AKAM	F	-0.42%
BIDU	F	-0.39%
Z	A	-0.39%
OKTA	D	-0.38%
PCTY	B	-0.36%
WIX	A	-0.3%
NTES	C	-0.29%
GTLB	C	-0.25%
OTEX	F	-0.24%
MMYT	C	-0.23%
LYFT	B	-0.22%
GLBE	A	-0.21%
SPSC	F	-0.21%
ETSY	D	-0.19%
VIPS	F	-0.18%
BOX	B	-0.15%
CHWY	B	-0.14%
ALRM	C	-0.1%
ZD	B	-0.08%
BILI	C	-0.08%
YELP	C	-0.07%
ATHM	C	-0.06%
TRIP	D	-0.06%
CRTO	D	-0.06%
CMPR	F	-0.06%
TDOC	C	-0.05%
SSTK	F	-0.04%
RDFN	F	-0.04%
CARS	B	-0.04%
DLO	C	-0.04%
BMBL	C	-0.03%
PRO	C	-0.03%
FSLY	D	-0.03%
CHGG	D	-0.01%
EB	C	-0.01%
FLWS	D	-0.01%
SFIX	C	-0.01%
CCSI	B	-0.01%
GDRX	F	-0.01%