NXTV vs. QWLD ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to SPDR MSCI World Quality Mix ETF (QWLD)

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

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.44

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	QWLD
30 Days	5.48%	0.82%
60 Days	5.83%	0.23%
90 Days	10.13%	0.87%
12 Months		22.65%

107 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in QWLD	Overlap
ACI	C	0.49%	0.02%	0.02%
ADM	D	0.4%	0.05%	0.05%
AIG	B	0.75%	0.07%	0.07%
AIZ	A	0.16%	0.08%	0.08%
ALB	C	0.43%	0.01%	0.01%
ALL	A	0.74%	0.08%	0.08%
ALLY	C	0.2%	0.02%	0.02%
ARE	D	0.28%	0.01%	0.01%
BAX	D	0.53%	0.01%	0.01%
BBY	D	0.91%	0.06%	0.06%
BEN	C	0.16%	0.01%	0.01%
BG	F	0.18%	0.03%	0.03%
BIIB	F	0.78%	0.01%	0.01%
BIO	D	0.26%	0.0%	0.0%
BLDR	D	0.24%	0.05%	0.05%
C	A	1.95%	0.25%	0.25%
CCL	B	0.45%	0.01%	0.01%
CFG	B	0.3%	0.04%	0.04%
CINF	A	0.33%	0.02%	0.02%
CMCSA	B	5.48%	0.17%	0.17%
CNC	D	0.48%	0.05%	0.05%
CNH	C	0.21%	0.01%	0.01%
COF	B	0.96%	0.1%	0.1%
CPB	D	0.21%	0.09%	0.09%
CRBG	B	0.29%	0.01%	0.01%
CTRA	B	0.45%	0.02%	0.02%
CTVA	C	0.62%	0.04%	0.04%
CVS	D	1.08%	0.16%	0.16%
D	C	0.5%	0.06%	0.06%
DD	D	0.69%	0.02%	0.02%
DELL	C	3.41%	0.01%	0.01%
DG	F	0.76%	0.01%	0.01%
DINO	D	0.18%	0.05%	0.05%
DLTR	F	0.61%	0.01%	0.01%
EBAY	D	1.1%	0.01%	0.01%
ED	D	0.36%	0.35%	0.35%
EG	C	0.24%	0.06%	0.06%
EL	F	0.74%	0.01%	0.01%
EQH	B	0.22%	0.01%	0.01%
EQT	B	0.39%	0.02%	0.02%
ETR	B	0.32%	0.03%	0.03%
EVRG	A	0.14%	0.01%	0.01%
EXC	C	0.38%	0.03%	0.03%
EXPE	B	0.36%	0.01%	0.01%
F	C	0.72%	0.09%	0.09%
FCNCA	A	0.71%	0.11%	0.11%
FDX	B	1.15%	0.07%	0.07%
FNF	B	0.24%	0.01%	0.01%
FOXA	B	0.83%	0.01%	0.01%
GM	B	1.04%	0.19%	0.19%
GPC	D	0.28%	0.05%	0.05%
HPE	B	1.06%	0.04%	0.04%
HPQ	B	1.47%	0.04%	0.04%
HSIC	B	0.27%	0.01%	0.01%
HUM	C	0.55%	0.15%	0.15%
ILMN	D	0.58%	0.0%	0.0%
INCY	C	0.41%	0.15%	0.15%
INTC	D	3.52%	0.1%	0.1%
IP	B	0.47%	0.02%	0.02%
JNPR	F	0.54%	0.12%	0.12%
KHC	F	0.62%	0.2%	0.2%
KMX	B	0.2%	0.02%	0.02%
KR	B	1.77%	0.31%	0.31%
L	A	0.27%	0.17%	0.17%
LEN	D	0.6%	0.09%	0.09%
LKQ	D	0.17%	0.01%	0.01%
LUV	C	0.34%	0.0%	0.0%
MET	A	0.83%	0.05%	0.05%
MGM	D	0.08%	0.01%	0.01%
MKL	A	0.34%	0.13%	0.13%
MRNA	F	0.57%	0.01%	0.01%
MRO	B	0.39%	0.02%	0.02%
NI	A	0.16%	0.01%	0.01%
NTAP	C	0.98%	0.04%	0.04%
NUE	C	0.67%	0.04%	0.04%
OVV	B	0.27%	0.02%	0.02%
PCG	A	0.46%	0.03%	0.03%
PFE	D	4.63%	0.18%	0.18%
PFG	D	0.29%	0.02%	0.02%
PPG	F	0.39%	0.01%	0.01%
PPL	B	0.24%	0.01%	0.01%
PRU	A	0.67%	0.05%	0.05%
RIVN	F	0.19%	0.0%	0.0%
ROKU	D	0.21%	0.0%	0.0%
RPM	A	0.21%	0.01%	0.01%
RS	B	0.38%	0.02%	0.02%
SNA	A	0.22%	0.04%	0.04%
SNAP	C	0.75%	0.0%	0.0%
SOLV	C	0.35%	0.03%	0.03%
SRE	A	0.53%	0.04%	0.04%
SWK	D	0.28%	0.01%	0.01%
SYF	B	0.34%	0.04%	0.04%
SYY	B	0.57%	0.03%	0.03%
T	A	5.05%	0.39%	0.39%
TAP	C	0.17%	0.01%	0.01%
TRV	B	0.83%	0.3%	0.3%
TSN	B	0.32%	0.15%	0.15%
TWLO	A	0.55%	0.01%	0.01%
TXT	D	0.26%	0.01%	0.01%
VICI	C	0.85%	0.02%	0.02%
VTRS	A	0.42%	0.03%	0.03%
VZ	C	4.68%	0.58%	0.58%
WBD	C	0.13%	0.07%	0.07%
WDC	D	0.92%	0.01%	0.01%
WRB	A	0.34%	0.14%	0.14%
ZBH	C	0.64%	0.01%	0.01%
ZM	B	0.96%	0.01%	0.01%

NXTV Overweight 87 Positions Relative to QWLD

Symbol	Grade	Weight
GFS	C	0.91%
NWS	B	0.72%
CACI	D	0.53%
TPR	B	0.48%
LBRDK	C	0.46%
SNX	C	0.42%
UAL	A	0.39%
FYBR	D	0.37%
GAP	C	0.37%
CIEN	B	0.36%
FLEX	A	0.35%
DBX	B	0.34%
PATH	C	0.31%
LEVI	F	0.3%
FTI	A	0.3%
BILL	A	0.29%
PEGA	A	0.29%
EXEL	B	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
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%
AIT	A	0.22%
KD	B	0.22%
W	F	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%
JAZZ	B	0.2%
COTY	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%
COKE	C	0.17%
ARW	D	0.17%
AEO	F	0.17%
IAC	D	0.17%
JWN	C	0.17%
ADTN	A	0.17%
FLS	B	0.17%
SIG	B	0.16%
ALIT	C	0.16%
BWA	D	0.16%
NOV	C	0.16%
PVH	C	0.16%
WHR	B	0.16%
ZI	D	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%
AGR	B	0.14%
FHN	A	0.14%
CIVI	D	0.13%
INGR	B	0.13%
CXT	B	0.13%
SON	D	0.13%
MUR	D	0.12%
ALKS	B	0.12%
CPRI	F	0.1%
LCID	F	0.09%
BYD	C	0.05%
DLB	B	0.05%

NXTV Underweight 503 Positions Relative to QWLD

Symbol	Grade	Weight
AAPL	C	-2.57%
NVDA	C	-2.53%
MSFT	F	-2.3%
META	D	-2.11%
UNH	C	-1.35%
V	A	-1.21%
LLY	F	-1.14%
JNJ	D	-1.1%
GOOGL	C	-1.07%
CSCO	B	-1.03%
PG	A	-0.95%
GOOG	C	-0.94%
NVS	D	-0.79%
PEP	F	-0.77%
TMUS	B	-0.76%
COST	B	-0.76%
WMT	A	-0.76%
BRK.A	B	-0.73%
MA	C	-0.71%
MSI	B	-0.65%
ACN	C	-0.65%
JPM	A	-0.6%
MCK	B	-0.58%
KO	D	-0.56%
NFLX	A	-0.54%
WM	A	-0.52%
MMC	B	-0.51%
ROP	B	-0.48%
TXN	C	-0.48%
XOM	B	-0.47%
RSG	A	-0.46%
SO	D	-0.46%
IBM	C	-0.46%
VRTX	F	-0.43%
APH	A	-0.43%
MCD	D	-0.42%
LMT	D	-0.42%
ADBE	C	-0.42%
MRK	F	-0.42%
COR	B	-0.41%
CB	C	-0.4%
BAC	A	-0.39%
AMZN	C	-0.37%
DUK	C	-0.36%
CAT	B	-0.36%
PGR	A	-0.35%
TJX	A	-0.35%
ABBV	D	-0.34%
GIS	D	-0.33%
CVX	A	-0.33%
NOC	D	-0.32%
QCOM	F	-0.32%
REGN	F	-0.31%
GE	D	-0.31%
AMAT	F	-0.29%
WFC	A	-0.28%
AZO	C	-0.28%
INTU	C	-0.27%
UL	D	-0.27%
WCN	A	-0.27%
ADP	B	-0.26%
ACGL	D	-0.26%
UNP	C	-0.26%
HON	B	-0.26%
HSBH	B	-0.25%
GDDY	A	-0.25%
BLK	C	-0.25%
ORCL	B	-0.25%
ISRG	A	-0.25%
ORLY	B	-0.24%
CBOE	B	-0.24%
MFG	B	-0.24%
GILD	C	-0.24%
K	A	-0.23%
ELV	F	-0.21%
BMY	B	-0.21%
EA	A	-0.2%
CL	D	-0.2%
WEC	A	-0.2%
CTSH	B	-0.2%
AJG	B	-0.19%
ANET	C	-0.19%
WMB	A	-0.19%
CHD	B	-0.19%
GD	F	-0.18%
CI	F	-0.18%
LRCX	F	-0.18%
PANW	C	-0.18%
KEYS	A	-0.17%
NKE	D	-0.17%
AON	A	-0.17%
CHKP	D	-0.17%
GS	A	-0.17%
MPC	D	-0.17%
ABBV	D	-0.16%
HSY	F	-0.16%
TSLA	B	-0.16%
CME	A	-0.16%
FFIV	B	-0.16%
AMGN	D	-0.16%
TM	D	-0.15%
TGT	F	-0.15%
YUM	B	-0.15%
UTHR	C	-0.15%
BAH	F	-0.15%
HD	A	-0.15%
ZTS	D	-0.15%
TT	A	-0.15%
CMG	B	-0.14%
KDP	D	-0.14%
PSX	C	-0.14%
VRSN	F	-0.14%
BRO	B	-0.14%
CTAS	B	-0.14%
MMM	D	-0.14%
SHW	A	-0.14%
MUFG	B	-0.14%
MDLZ	F	-0.14%
KLAC	D	-0.14%
CAH	B	-0.13%
MCO	B	-0.13%
CF	B	-0.13%
CDNS	B	-0.13%
ITW	B	-0.13%
ERIE	D	-0.12%
MS	A	-0.12%
GEN	B	-0.12%
AFL	B	-0.12%
SNPS	B	-0.12%
TD	F	-0.12%
E	F	-0.12%
DGX	A	-0.11%
NBIX	C	-0.11%
AKAM	D	-0.11%
KMB	D	-0.11%
AVGO	D	-0.11%
PCAR	B	-0.11%
CSX	B	-0.11%
BCS	C	-0.11%
DEO	F	-0.11%
GWW	B	-0.11%
PNC	B	-0.1%
ADSK	A	-0.1%
DIS	B	-0.1%
CMI	A	-0.1%
COP	C	-0.1%
CNI	D	-0.1%
PAYX	C	-0.1%
SMFG	B	-0.1%
DHI	D	-0.1%
XEL	A	-0.09%
FI	A	-0.09%
PSA	D	-0.09%
FANG	D	-0.09%
LYG	F	-0.09%
TFC	A	-0.09%
RTX	C	-0.09%
AEE	A	-0.09%
HRL	D	-0.09%
FAST	B	-0.09%
USB	A	-0.09%
AMP	A	-0.09%
ABT	B	-0.09%
VLO	C	-0.08%
AMCR	D	-0.08%
ODFL	B	-0.08%
PTC	A	-0.08%
CPRT	A	-0.08%
ROL	B	-0.08%
KVUE	A	-0.08%
SONY	B	-0.08%
STLA	F	-0.08%
JKHY	D	-0.07%
MNST	C	-0.07%
HMC	F	-0.07%
UPS	C	-0.07%
AEP	D	-0.07%
EW	C	-0.07%
SJM	D	-0.07%
BMRN	D	-0.07%
PM	B	-0.07%
CDW	F	-0.07%
LULU	C	-0.07%
BDX	F	-0.07%
WTW	B	-0.07%
IDXX	F	-0.07%
LOW	D	-0.07%
NEE	D	-0.06%
TSCO	D	-0.06%
TPL	A	-0.06%
MCHP	D	-0.06%
LNG	B	-0.06%
TDY	B	-0.06%
CRM	B	-0.06%
EOG	A	-0.06%
MDT	D	-0.06%
LIN	D	-0.06%
MOH	F	-0.06%
TMO	F	-0.06%
LOGI	D	-0.06%
ROK	B	-0.06%
DPZ	C	-0.06%
A	D	-0.06%
PHM	D	-0.06%
AXP	A	-0.06%
ULTA	F	-0.06%
DE	A	-0.06%
NVR	D	-0.06%
VEEV	C	-0.05%
LPLA	A	-0.05%
MTB	A	-0.05%
BTI	B	-0.05%
DOV	A	-0.05%
VLTO	D	-0.05%
FICO	B	-0.05%
MT	B	-0.05%
CMS	C	-0.05%
DHR	F	-0.05%
DECK	A	-0.05%
BK	A	-0.05%
RMD	C	-0.05%
TROW	B	-0.05%
CHTR	C	-0.05%
GRMN	B	-0.05%
NEM	D	-0.04%
ADI	D	-0.04%
HCA	F	-0.04%
WST	C	-0.04%
SPGI	C	-0.04%
SBUX	A	-0.04%
WBA	F	-0.04%
MANH	D	-0.04%
PKG	A	-0.04%
EXPD	D	-0.04%
KMI	A	-0.04%
HUBB	B	-0.04%
MU	D	-0.04%
WAT	B	-0.04%
CAG	D	-0.04%
MO	A	-0.04%
MPWR	F	-0.04%
OMC	C	-0.04%
SCHW	B	-0.04%
BR	A	-0.04%
WDAY	B	-0.04%
TRGP	B	-0.04%
DFS	B	-0.04%
PLD	D	-0.04%
PYPL	B	-0.04%
EME	C	-0.04%
EIX	B	-0.03%
DVN	F	-0.03%
AVY	D	-0.03%
LYB	F	-0.03%
SWKS	F	-0.03%
IEX	B	-0.03%
GGG	B	-0.03%
BX	A	-0.03%
FDS	B	-0.03%
POOL	C	-0.03%
JBHT	C	-0.03%
SW	A	-0.03%
NSC	B	-0.03%
CBRE	B	-0.03%
APD	A	-0.03%
LNT	A	-0.03%
BKNG	A	-0.03%
ICE	C	-0.03%
HIG	B	-0.03%
PNR	A	-0.03%
JCI	C	-0.03%
ETN	A	-0.03%
EMR	A	-0.03%
SLB	C	-0.03%
OKE	A	-0.03%
CSL	C	-0.03%
HBAN	A	-0.03%
SYK	C	-0.03%
WSO	A	-0.03%
OC	A	-0.03%
STT	A	-0.03%
RF	A	-0.03%
DRI	B	-0.03%
OXY	D	-0.03%
AMD	F	-0.03%
DOW	F	-0.03%
FITB	A	-0.03%
WSM	B	-0.03%
IT	C	-0.03%
EQIX	A	-0.02%
HAL	C	-0.02%
TTC	D	-0.02%
NXPI	D	-0.02%
MKTX	D	-0.02%
NRG	B	-0.02%
WY	D	-0.02%
SQ	B	-0.02%
AOS	F	-0.02%
GEHC	F	-0.02%
APO	B	-0.02%
SEIC	B	-0.02%
JBL	B	-0.02%
NMR	B	-0.02%
CEG	D	-0.02%
NTRS	A	-0.02%
ROST	C	-0.02%
DTE	C	-0.02%
SPG	B	-0.02%
AER	B	-0.02%
MOS	F	-0.02%
FIS	C	-0.02%
RJF	A	-0.02%
LH	C	-0.02%
AFG	A	-0.02%
DLR	B	-0.02%
WELL	A	-0.02%
PAYC	B	-0.02%
PH	A	-0.02%
CARR	D	-0.02%
GLW	B	-0.02%
NDSN	B	-0.02%
IPG	D	-0.02%
GPN	B	-0.02%
URI	B	-0.02%
AMT	D	-0.02%
PEG	A	-0.02%
O	D	-0.02%
DKS	C	-0.02%
BSX	B	-0.02%
BKR	B	-0.02%
EPAM	C	-0.02%
KKR	A	-0.02%
GEV	B	-0.02%
ALLE	D	-0.02%
STLD	B	-0.02%
FCX	D	-0.02%
KEY	B	-0.02%
LHX	C	-0.02%
APA	D	-0.02%
TER	D	-0.02%
DASH	A	-0.01%
CPT	B	-0.01%
WTRG	B	-0.01%
CTLT	B	-0.01%
VRSK	A	-0.01%
FSLR	F	-0.01%
RPRX	D	-0.01%
SBAC	D	-0.01%
MBAVU	D	-0.01%
RCL	A	-0.01%
HST	C	-0.01%
GLPI	C	-0.01%
DVA	B	-0.01%
HII	D	-0.01%
TRU	D	-0.01%
TRMB	B	-0.01%
FOX	A	-0.01%
AVTR	F	-0.01%
NWSA	B	-0.01%
TTWO	A	-0.01%
STE	F	-0.01%
SUI	D	-0.01%
REG	B	-0.01%
CLX	B	-0.01%
BURL	A	-0.01%
IRM	D	-0.01%
MAS	D	-0.01%
WPC	D	-0.01%
STX	D	-0.01%
CE	F	-0.01%
MKC	D	-0.01%
INVH	D	-0.01%
EFX	F	-0.01%
HLT	A	-0.01%
RVTY	F	-0.01%
ESS	B	-0.01%
CG	A	-0.01%
FTNT	C	-0.01%
COIN	C	-0.01%
DOC	D	-0.01%
AES	F	-0.01%
CCEP	C	-0.01%
DAL	C	-0.01%
ACM	A	-0.01%
HWM	A	-0.01%
XYL	D	-0.01%
BXP	D	-0.01%
MAA	B	-0.01%
CHRD	D	-0.01%
CCK	C	-0.01%
AGCO	D	-0.01%
ZBRA	B	-0.01%
STZ	D	-0.01%
TDG	D	-0.01%
BALL	D	-0.01%
SSNC	B	-0.01%
FTV	C	-0.01%
AWK	D	-0.01%
CPAY	A	-0.01%
WFG	D	-0.01%
ABNB	C	-0.01%
IR	B	-0.01%
SE	B	-0.01%
EMN	D	-0.01%
KNX	B	-0.01%
LDOS	C	-0.01%
VTR	C	-0.01%
HOLX	D	-0.01%
NDAQ	A	-0.01%
OTIS	C	-0.01%
IFF	D	-0.01%
VMC	B	-0.01%
BSY	D	-0.01%
KIM	A	-0.01%
MLM	B	-0.01%
MRVL	B	-0.01%
EQR	B	-0.01%
UHS	D	-0.01%
IQV	D	-0.01%
J	F	-0.01%
APTV	D	-0.01%
PWR	A	-0.01%
AVB	B	-0.01%
MAR	B	-0.01%
UBER	D	-0.01%
CNP	B	-0.01%
VST	B	-0.01%
CHRW	C	-0.01%
ATO	A	-0.01%
AME	A	-0.01%
HES	B	-0.01%
WAB	B	-0.01%
MELI	D	-0.01%
ON	D	-0.01%
BA	F	-0.01%
FE	C	-0.01%
EXR	D	-0.01%
ECL	D	-0.01%
NOW	A	-0.01%
CCI	D	-0.01%
ES	D	-0.01%
SMCI	F	-0.01%
PARA	C	-0.01%
ENPH	F	-0.01%
GLBE	B	-0.0%
IOT	A	-0.0%
NET	B	-0.0%
RBLX	C	-0.0%
XRX	F	-0.0%
DDOG	A	-0.0%
DKNG	B	-0.0%
TOST	B	-0.0%
H	B	-0.0%
PSTG	D	-0.0%
FUTU	D	-0.0%
HEI	B	-0.0%
PINS	D	-0.0%
DT	C	-0.0%
DAY	B	-0.0%
SNOW	C	-0.0%
DOCU	A	-0.0%
EXAS	D	-0.0%
PODD	C	-0.0%
GRAB	B	-0.0%
TECH	D	-0.0%
WYNN	D	-0.0%
OKTA	C	-0.0%
DXCM	D	-0.0%
CRWD	B	-0.0%
MSTR	C	-0.0%
TYL	B	-0.0%
LII	A	-0.0%
TTD	B	-0.0%
ELS	C	-0.0%
HOOD	B	-0.0%
ENTG	D	-0.0%
TW	A	-0.0%
HEI	B	-0.0%
Z	A	-0.0%
WLK	D	-0.0%
MTCH	D	-0.0%
LYV	A	-0.0%
QGEN	D	-0.0%
LW	C	-0.0%
VRT	B	-0.0%
APP	B	-0.0%
BBWI	D	-0.0%
MSCI	C	-0.0%
CSGP	D	-0.0%
AXON	A	-0.0%
LVS	C	-0.0%
CRL	C	-0.0%
TFX	F	-0.0%
UDR	B	-0.0%
QRVO	F	-0.0%
OTEX	D	-0.0%
ANSS	B	-0.0%
AMH	D	-0.0%
ALGN	D	-0.0%
PLTR	B	-0.0%
UHAL	D	-0.0%
ARES	A	-0.0%
FBIN	D	-0.0%