NXTV vs. RNDV ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to First Trust US Equity Dividend Select ETF (RNDV)

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

$27.97

Average Daily Volume

696

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$33.90

Average Daily Volume

6,973

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	RNDV
30 Days	0.08%	-2.29%
60 Days	3.05%	0.06%
90 Days	6.04%	2.72%
12 Months		22.77%

21 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in RNDV	Overlap
BBY	D	1.02%	1.54%	1.02%
BEN	C	0.16%	2.11%	0.16%
CINF	A	0.31%	0.84%	0.31%
CMCSA	B	5.15%	1.73%	1.73%
CTRA	B	0.44%	0.66%	0.44%
CVS	F	1.18%	1.54%	1.18%
EG	D	0.25%	0.62%	0.25%
ETR	A	0.27%	0.41%	0.27%
EVRG	A	0.14%	0.46%	0.14%
GPC	F	0.33%	1.38%	0.33%
HPE	B	1.09%	3.52%	1.09%
HPQ	B	1.46%	3.88%	1.46%
LEN	D	0.65%	0.46%	0.46%
MET	A	0.86%	0.82%	0.82%
PFG	C	0.29%	1.05%	0.29%
PRU	B	0.65%	1.37%	0.65%
SNA	B	0.19%	0.69%	0.19%
SWK	F	0.33%	0.63%	0.33%
TRV	A	0.78%	0.58%	0.58%
TSN	B	0.32%	0.66%	0.32%
VZ	C	4.9%	3.2%	3.2%

NXTV Overweight 174 Positions Relative to RNDV

Symbol	Grade	Weight
T	A	4.84%
PFE	F	4.65%
INTC	C	3.77%
DELL	B	3.21%
C	B	1.86%
KR	B	1.78%
EBAY	D	1.22%
FDX	B	1.13%
EL	F	1.05%
NTAP	C	1.04%
GFS	C	0.98%
WDC	F	0.94%
GM	B	0.9%
ZM	B	0.88%
COF	B	0.87%
VICI	C	0.87%
BIIB	F	0.85%
FOXA	B	0.82%
DG	F	0.79%
ALL	A	0.74%
DD	D	0.73%
F	C	0.73%
AIG	C	0.71%
NUE	D	0.7%
MRNA	F	0.69%
NWS	A	0.68%
FCNCA	A	0.67%
HUM	D	0.66%
SNAP	D	0.65%
DLTR	F	0.65%
KHC	F	0.64%
ZBH	C	0.63%
CTVA	C	0.59%
SYY	D	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	B	0.46%
PCG	A	0.44%
SNX	D	0.43%
LBRDK	C	0.43%
TWLO	A	0.43%
ALB	B	0.42%
ADM	D	0.42%
IP	A	0.41%
VTRS	A	0.41%
PPG	F	0.4%
EXC	C	0.39%
GAP	D	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	C	0.36%
ED	C	0.36%
CIEN	B	0.34%
MKL	A	0.34%
DBX	C	0.33%
SOLV	F	0.33%
WRB	B	0.33%
EXPE	B	0.33%
FLEX	B	0.33%
LUV	B	0.32%
AMKR	F	0.31%
PATH	C	0.31%
U	F	0.3%
SYF	B	0.3%
CFG	B	0.29%
FTI	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%
L	A	0.27%
W	D	0.27%
HSIC	C	0.27%
BILL	B	0.26%
LUMN	C	0.26%
OVV	C	0.26%
CRBG	B	0.26%
PEGA	B	0.26%
FNF	A	0.25%
PPL	A	0.24%
BIO	C	0.24%
ROKU	D	0.24%
SATS	C	0.23%
ELAN	D	0.23%
COTY	F	0.23%
CPB	D	0.22%
RNR	C	0.22%
RGA	B	0.22%
KD	A	0.22%
AR	B	0.21%
CPRI	F	0.21%
DINO	D	0.21%
AIT	B	0.21%
CLVT	D	0.21%
KMX	C	0.21%
VFC	C	0.21%
JLL	D	0.2%
M	D	0.2%
PAG	B	0.2%
CNH	C	0.2%
EQH	B	0.2%
ALLY	C	0.2%
JAZZ	C	0.2%
CNA	C	0.2%
BG	D	0.2%
RIVN	F	0.2%
PFGC	B	0.2%
EXEL	B	0.2%
IAC	D	0.19%
JEF	A	0.19%
AEO	F	0.19%
USM	B	0.19%
TOL	B	0.19%
COKE	C	0.19%
RPM	B	0.19%
WCC	B	0.19%
TAP	B	0.18%
ARW	F	0.18%
SWN	C	0.18%
LKQ	F	0.18%
BWA	D	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%
XRAY	D	0.16%
AIZ	A	0.16%
PVH	C	0.16%
NOV	D	0.16%
URBN	C	0.16%
WHR	B	0.16%
ALIT	C	0.16%
UNM	A	0.16%
GL	C	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	B	0.14%
ORI	A	0.14%
AGR	A	0.14%
CLF	F	0.14%
UPST	B	0.14%
FHN	A	0.13%
MUR	F	0.13%
CIVI	D	0.13%
INGR	B	0.13%
WBD	B	0.13%
CXT	C	0.13%
X	C	0.13%
ALKS	C	0.13%
SON	F	0.13%
MGM	D	0.08%
DLB	F	0.05%
BYD	B	0.04%

NXTV Underweight 73 Positions Relative to RNDV

Symbol	Grade	Weight
IBM	C	-3.61%
TXN	C	-3.36%
GLW	B	-3.17%
MCHP	F	-2.54%
QCOM	F	-2.44%
IPG	F	-2.27%
ACN	C	-2.01%
BMY	A	-1.92%
ADI	D	-1.87%
HAS	D	-1.67%
TROW	B	-1.54%
OMC	C	-1.54%
APH	B	-1.3%
NTRS	A	-1.11%
UPS	C	-1.1%
MDT	D	-1.1%
MTB	A	-1.07%
ABBV	F	-1.06%
JNJ	D	-1.06%
MCD	D	-1.03%
HD	A	-1.0%
GRMN	B	-0.99%
MRK	F	-0.94%
MSFT	D	-0.93%
KLAC	F	-0.91%
OKE	A	-0.86%
PM	A	-0.85%
CAG	F	-0.82%
CVX	A	-0.81%
LOW	C	-0.76%
PAYX	B	-0.74%
KVUE	A	-0.74%
CAH	B	-0.73%
DGX	A	-0.72%
NKE	F	-0.72%
ABT	A	-0.71%
HRL	D	-0.7%
KMB	C	-0.67%
CME	A	-0.66%
CI	D	-0.64%
GIS	F	-0.61%
UNH	C	-0.59%
CMI	A	-0.59%
FAST	B	-0.59%
ITW	B	-0.59%
XOM	B	-0.58%
AMCR	D	-0.58%
AFL	C	-0.57%
BDX	F	-0.57%
K	B	-0.57%
CHRW	B	-0.56%
EOG	A	-0.56%
NSC	B	-0.56%
POOL	D	-0.56%
UNP	D	-0.55%
EMR	A	-0.55%
LMT	D	-0.53%
ADP	B	-0.52%
LHX	B	-0.51%
FMC	D	-0.48%
O	C	-0.48%
PNW	B	-0.45%
ES	C	-0.42%
FRT	B	-0.41%
MAA	A	-0.4%
EMN	D	-0.39%
EIX	C	-0.38%
AEP	C	-0.36%
DLR	A	-0.35%
ESS	A	-0.35%
CF	A	-0.34%
APD	A	-0.33%
AVB	B	-0.32%