NXTV vs. RXI ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to iShares Global Consumer Discretionary ETF (RXI)

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

RXI

iShares Global Consumer Discretionary ETF

RXI Description

The investment seeks to track the investment results of an index composed of global equities in the consumer discretionary sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Consumer Discretionary Sector IndexTM (the "underlying index"), which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the consumer discretionary sector of the economy and that S&P believes are important to global markets.

Grade (RS Rating)

Last Trade

$179.34

Average Daily Volume

4,083

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	RXI
30 Days	0.08%	3.13%
60 Days	3.05%	5.52%
90 Days	6.04%	8.23%
12 Months		19.59%

13 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in RXI	Overlap
BBY	D	1.02%	0.29%	0.29%
BWA	D	0.17%	0.13%	0.13%
CCL	A	0.37%	0.4%	0.37%
EBAY	D	1.22%	0.5%	0.5%
EXPE	B	0.33%	0.37%	0.33%
F	C	0.73%	0.71%	0.71%
GM	B	0.9%	1.06%	0.9%
GPC	F	0.33%	0.28%	0.28%
KMX	C	0.21%	0.2%	0.2%
LEN	D	0.65%	0.67%	0.65%
LKQ	F	0.18%	0.17%	0.17%
MGM	D	0.08%	0.14%	0.08%
TPR	B	0.46%	0.22%	0.22%

NXTV Overweight 182 Positions Relative to RXI

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	B	1.86%
KR	B	1.78%
HPQ	B	1.46%
CVS	F	1.18%
FDX	B	1.13%
HPE	B	1.09%
EL	F	1.05%
NTAP	C	1.04%
GFS	C	0.98%
WDC	F	0.94%
ZM	B	0.88%
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%
AIG	C	0.71%
NUE	D	0.7%
MRNA	F	0.69%
NWS	A	0.68%
FCNCA	A	0.67%
HUM	D	0.66%
PRU	B	0.65%
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%
PCG	A	0.44%
CTRA	B	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%
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%
SWK	F	0.33%
DBX	C	0.33%
SOLV	F	0.33%
WRB	B	0.33%
FLEX	B	0.33%
TSN	B	0.32%
LUV	B	0.32%
AMKR	F	0.31%
PATH	C	0.31%
CINF	A	0.31%
U	F	0.3%
SYF	B	0.3%
CFG	B	0.29%
FTI	A	0.29%
PFG	C	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%
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%
EG	D	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%
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%
SNA	B	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%
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	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%
EVRG	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%
DLB	F	0.05%
BYD	B	0.04%

NXTV Underweight 43 Positions Relative to RXI

Symbol	Grade	Weight
TSLA	A	-12.48%
AMZN	B	-10.49%
HD	A	-4.51%
MCD	D	-3.5%
TM	D	-3.44%
BABA	D	-3.0%
BKNG	A	-2.73%
LOW	C	-2.52%
TJX	A	-2.21%
SONY	B	-1.88%
SBUX	A	-1.84%
NKE	F	-1.49%
CMG	C	-1.34%
ORLY	B	-1.16%
MAR	B	-1.08%
HLT	A	-1.01%
ABNB	D	-0.97%
RCL	A	-0.9%
AZO	C	-0.88%
DHI	D	-0.79%
ROST	D	-0.77%
HMC	F	-0.67%
YUM	D	-0.63%
LULU	C	-0.62%
TCOM	B	-0.55%
GRMN	B	-0.53%
TSCO	D	-0.49%
NVR	D	-0.47%
PHM	D	-0.44%
DECK	A	-0.44%
DRI	C	-0.33%
ULTA	F	-0.3%
LVS	B	-0.28%
DPZ	C	-0.25%
APTV	F	-0.24%
LI	F	-0.23%
POOL	D	-0.22%
NCLH	B	-0.19%
CZR	F	-0.14%
RL	C	-0.14%
WYNN	D	-0.14%
HAS	D	-0.13%
MHK	D	-0.12%