NXTV vs. RPV ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to Guggenheim S&P 500 Pure Value ETF (RPV)

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

RPV

Guggenheim S&P 500 Pure Value ETF

RPV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P 500 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$96.05

Average Daily Volume

143,123

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	RPV
30 Days	5.48%	7.38%
60 Days	5.83%	8.92%
90 Days	10.13%	9.33%
12 Months		31.40%

50 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in RPV	Overlap
ADM	D	0.4%	0.84%	0.4%
AIG	B	0.75%	0.92%	0.75%
AIZ	A	0.16%	0.66%	0.16%
ALB	C	0.43%	0.38%	0.38%
ALL	A	0.74%	0.57%	0.57%
ARE	D	0.28%	0.42%	0.28%
BBY	D	0.91%	1.18%	0.91%
BEN	C	0.16%	0.6%	0.16%
BG	F	0.18%	1.5%	0.18%
BWA	D	0.16%	1.21%	0.16%
C	A	1.95%	2.17%	1.95%
CFG	B	0.3%	2.12%	0.3%
CINF	A	0.33%	0.61%	0.33%
CNC	D	0.48%	1.3%	0.48%
COF	B	0.96%	1.5%	0.96%
CTVA	C	0.62%	0.51%	0.51%
CVS	D	1.08%	1.45%	1.08%
EG	C	0.24%	0.49%	0.24%
EQT	B	0.39%	0.6%	0.39%
EVRG	A	0.14%	0.58%	0.14%
F	C	0.72%	2.25%	0.72%
FDX	B	1.15%	0.52%	0.52%
FOXA	B	0.83%	0.61%	0.61%
GM	B	1.04%	4.89%	1.04%
HPE	B	1.06%	1.42%	1.06%
HPQ	B	1.47%	0.5%	0.5%
HSIC	B	0.27%	0.43%	0.27%
HUM	C	0.55%	0.26%	0.26%
IP	B	0.47%	1.47%	0.47%
KHC	F	0.62%	0.79%	0.62%
KMX	B	0.2%	1.51%	0.2%
KR	B	1.77%	1.89%	1.77%
L	A	0.27%	1.02%	0.27%
LKQ	D	0.17%	0.37%	0.17%
LUV	C	0.34%	1.07%	0.34%
MET	A	0.83%	0.69%	0.69%
NWS	B	0.72%	0.14%	0.14%
PFG	D	0.29%	0.49%	0.29%
PRU	A	0.67%	1.04%	0.67%
SWK	D	0.28%	0.52%	0.28%
SYF	B	0.34%	1.48%	0.34%
SYY	B	0.57%	0.48%	0.48%
T	A	5.05%	0.88%	0.88%
TAP	C	0.17%	0.82%	0.17%
TRV	B	0.83%	0.55%	0.55%
TSN	B	0.32%	2.22%	0.32%
UAL	A	0.39%	4.0%	0.39%
VTRS	A	0.42%	2.29%	0.42%
VZ	C	4.68%	0.55%	0.55%
WBD	C	0.13%	1.45%	0.13%

NXTV Overweight 144 Positions Relative to RPV

Symbol	Grade	Weight
CMCSA	B	5.48%
PFE	D	4.63%
INTC	D	3.52%
DELL	C	3.41%
EBAY	D	1.1%
NTAP	C	0.98%
ZM	B	0.96%
WDC	D	0.92%
GFS	C	0.91%
VICI	C	0.85%
BIIB	F	0.78%
DG	F	0.76%
SNAP	C	0.75%
EL	F	0.74%
FCNCA	A	0.71%
DD	D	0.69%
NUE	C	0.67%
ZBH	C	0.64%
DLTR	F	0.61%
LEN	D	0.6%
ILMN	D	0.58%
MRNA	F	0.57%
TWLO	A	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%
PCG	A	0.46%
LBRDK	C	0.46%
CCL	B	0.45%
CTRA	B	0.45%
SNX	C	0.42%
INCY	C	0.41%
PPG	F	0.39%
MRO	B	0.39%
RS	B	0.38%
EXC	C	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%
MKL	A	0.34%
ETR	B	0.32%
PATH	C	0.31%
LEVI	F	0.3%
FTI	A	0.3%
CRBG	B	0.29%
BILL	A	0.29%
PEGA	A	0.29%
GPC	D	0.28%
EXEL	B	0.27%
OVV	B	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
TXT	D	0.26%
BIO	D	0.26%
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%
EQH	B	0.22%
AIT	A	0.22%
KD	B	0.22%
CNH	C	0.21%
RPM	A	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%
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%
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%
NI	A	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%
MGM	D	0.08%
BYD	C	0.05%
DLB	B	0.05%

NXTV Underweight 43 Positions Relative to RPV

Symbol	Grade	Weight
BRK.A	B	-3.71%
MHK	D	-2.32%
PARA	C	-1.84%
IVZ	B	-1.82%
VLO	C	-1.75%
MCK	B	-1.5%
SW	A	-1.46%
PSX	C	-1.39%
NRG	B	-1.39%
TFC	A	-1.36%
COR	B	-1.35%
MTB	A	-1.31%
CI	F	-1.26%
CAH	B	-1.24%
WFC	A	-1.15%
UHS	D	-1.12%
BAC	A	-1.1%
BK	A	-1.05%
HBAN	A	-0.99%
RF	A	-0.95%
KEY	B	-0.93%
STT	A	-0.89%
GS	A	-0.86%
WBA	F	-0.8%
MOS	F	-0.77%
HIG	B	-0.74%
FITB	A	-0.69%
PNC	B	-0.69%
IFF	D	-0.64%
KMI	A	-0.63%
USB	A	-0.56%
CHRW	C	-0.55%
PNW	B	-0.55%
TGT	F	-0.53%
EMN	D	-0.51%
CAG	D	-0.48%
ES	D	-0.47%
CVX	A	-0.46%
DOW	F	-0.45%
NWSA	B	-0.42%
LYB	F	-0.41%
ELV	F	-0.41%
FOX	A	-0.31%