NXTV vs. VOE ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to Vanguard Mid-Cap Value ETF - DNQ (VOE)

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

VOE

Vanguard Mid-Cap Value ETF - DNQ

VOE Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Value Index, a broadly diversified index of value stocks of mid-size U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$174.23

Average Daily Volume

257,748

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	VOE
30 Days	5.48%	3.63%
60 Days	5.83%	4.62%
90 Days	10.13%	7.58%
12 Months		31.77%

63 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in VOE	Overlap
ADM	D	0.4%	0.59%	0.4%
AGR	B	0.14%	0.06%	0.06%
AIG	B	0.75%	0.54%	0.54%
ALB	C	0.43%	0.06%	0.06%
ALL	A	0.74%	1.1%	0.74%
ARE	D	0.28%	0.43%	0.28%
BAX	D	0.53%	0.41%	0.41%
BBY	D	0.91%	0.39%	0.39%
BEN	C	0.16%	0.07%	0.07%
BIIB	F	0.78%	0.56%	0.56%
CFG	B	0.3%	0.4%	0.3%
CINF	A	0.33%	0.49%	0.33%
CNC	D	0.48%	0.73%	0.48%
CPB	D	0.21%	0.2%	0.2%
CRBG	B	0.29%	0.17%	0.17%
CTVA	C	0.62%	0.93%	0.62%
D	C	0.5%	0.4%	0.4%
DD	D	0.69%	0.69%	0.69%
DG	F	0.76%	0.39%	0.39%
DLTR	F	0.61%	0.29%	0.29%
EBAY	D	1.1%	0.63%	0.63%
ED	D	0.36%	0.78%	0.36%
EG	C	0.24%	0.34%	0.24%
EL	F	0.74%	0.17%	0.17%
ETR	B	0.32%	0.74%	0.32%
EVRG	A	0.14%	0.15%	0.14%
EXC	C	0.38%	0.87%	0.38%
FNF	B	0.24%	0.35%	0.24%
FOXA	B	0.83%	0.25%	0.25%
GPC	D	0.28%	0.36%	0.28%
HPE	B	1.06%	0.56%	0.56%
HPQ	A	1.47%	0.77%	0.77%
IP	B	0.47%	0.43%	0.43%
KR	B	1.77%	0.81%	0.81%
L	A	0.27%	0.33%	0.27%
LEN	D	0.6%	0.89%	0.6%
LEN	D	0.6%	0.06%	0.06%
LUV	C	0.34%	0.41%	0.34%
MGM	D	0.08%	0.09%	0.08%
MKL	A	0.34%	0.21%	0.21%
MRO	B	0.39%	0.17%	0.17%
NI	A	0.16%	0.18%	0.16%
NTAP	C	0.98%	0.53%	0.53%
NUE	C	0.67%	0.75%	0.67%
PCG	A	0.46%	0.94%	0.46%
PFG	D	0.29%	0.42%	0.29%
PPG	F	0.39%	0.65%	0.39%
PPL	B	0.24%	0.51%	0.24%
PRU	A	0.67%	0.97%	0.67%
SNA	A	0.22%	0.39%	0.22%
SWK	D	0.28%	0.32%	0.28%
SYF	B	0.34%	0.48%	0.34%
SYY	B	0.57%	0.82%	0.57%
TSN	B	0.32%	0.37%	0.32%
TXT	D	0.26%	0.34%	0.26%
UAL	A	0.39%	0.57%	0.39%
VICI	C	0.85%	0.74%	0.74%
VTRS	A	0.42%	0.31%	0.31%
WBD	C	0.13%	0.36%	0.13%
WDC	D	0.92%	0.5%	0.5%
WRB	A	0.34%	0.36%	0.34%
ZBH	C	0.64%	0.48%	0.48%
ZM	B	0.96%	0.39%	0.39%

NXTV Overweight 132 Positions Relative to VOE

Symbol	Grade	Weight
CMCSA	B	5.48%
T	A	5.05%
VZ	C	4.68%
PFE	D	4.63%
INTC	D	3.52%
DELL	C	3.41%
C	A	1.95%
FDX	B	1.15%
CVS	D	1.08%
GM	B	1.04%
COF	B	0.96%
GFS	C	0.91%
MET	A	0.83%
TRV	B	0.83%
SNAP	C	0.75%
NWS	A	0.72%
F	C	0.72%
FCNCA	A	0.71%
KHC	F	0.62%
ILMN	D	0.58%
MRNA	F	0.57%
TWLO	A	0.55%
HUM	C	0.55%
JNPR	F	0.54%
CACI	D	0.53%
SRE	A	0.53%
ACI	C	0.49%
TPR	B	0.48%
LBRDK	C	0.46%
CCL	B	0.45%
CTRA	B	0.45%
SNX	C	0.42%
INCY	C	0.41%
EQT	B	0.39%
RS	B	0.38%
FYBR	D	0.37%
GAP	B	0.37%
CIEN	B	0.36%
EXPE	B	0.36%
SOLV	C	0.35%
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%
OVV	B	0.27%
HSIC	B	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
BIO	D	0.26%
BLDR	D	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%
EQH	B	0.22%
AIT	A	0.22%
KD	B	0.22%
CNH	C	0.21%
RPM	A	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%
KMX	B	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%
BG	F	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%
TAP	C	0.17%
ADTN	A	0.17%
LKQ	D	0.17%
FLS	B	0.17%
SIG	B	0.16%
AIZ	A	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%
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 120 Positions Relative to VOE

Symbol	Grade	Weight
CARR	D	-1.39%
AJG	B	-1.37%
DLR	B	-1.3%
OKE	A	-1.26%
PCAR	B	-1.22%
URI	B	-1.2%
NEM	D	-1.17%
AMP	A	-1.11%
DHI	D	-1.1%
FIS	C	-1.09%
LHX	C	-1.04%
CMI	A	-1.0%
PEG	A	-0.99%
KVUE	A	-0.98%
LNG	B	-0.92%
COR	B	-0.9%
EA	A	-0.89%
CBRE	B	-0.89%
OTIS	C	-0.88%
BKR	B	-0.84%
GIS	D	-0.84%
GEHC	F	-0.84%
XEL	A	-0.83%
DFS	B	-0.83%
GLW	B	-0.82%
DAL	C	-0.82%
CTSH	B	-0.82%
IRM	D	-0.81%
ACGL	D	-0.78%
DOW	F	-0.77%
NDAQ	A	-0.76%
WAB	B	-0.73%
HIG	B	-0.72%
MTB	A	-0.72%
WMB	A	-0.71%
AVB	B	-0.7%
EIX	B	-0.7%
GRMN	B	-0.68%
WTW	B	-0.68%
WEC	A	-0.67%
FITB	A	-0.66%
RJF	A	-0.61%
PHM	D	-0.6%
AWK	D	-0.6%
VTR	C	-0.6%
STT	A	-0.59%
GPN	B	-0.59%
CAH	B	-0.59%
KEYS	A	-0.58%
DOV	A	-0.58%
SPG	B	-0.58%
IFF	D	-0.57%
FTV	C	-0.56%
CDW	F	-0.56%
JCI	C	-0.56%
EQR	B	-0.56%
TROW	B	-0.54%
AEE	A	-0.52%
ES	D	-0.52%
FE	C	-0.51%
KMI	A	-0.51%
CBOE	B	-0.5%
LYB	F	-0.5%
HBAN	A	-0.5%
WY	D	-0.5%
RF	A	-0.49%
DTE	C	-0.49%
K	A	-0.49%
PKG	A	-0.46%
GEV	B	-0.46%
CMS	C	-0.46%
CLX	B	-0.44%
MCHP	F	-0.44%
ZBRA	B	-0.44%
MKC	D	-0.44%
OMC	C	-0.44%
LH	C	-0.43%
CNP	B	-0.43%
NTRS	A	-0.43%
IR	B	-0.43%
HOLX	D	-0.42%
DRI	B	-0.42%
ESS	B	-0.41%
BALL	D	-0.4%
MAS	D	-0.39%
J	F	-0.39%
MAA	B	-0.39%
DGX	A	-0.38%
AVY	D	-0.37%
EXPD	D	-0.37%
KEY	B	-0.36%
ROK	B	-0.34%
GEN	B	-0.34%
AKAM	D	-0.34%
LNT	A	-0.34%
RVTY	F	-0.33%
CF	B	-0.33%
AVTR	F	-0.32%
CVNA	B	-0.32%
SSNC	B	-0.32%
CE	F	-0.31%
CAG	D	-0.31%
SWKS	F	-0.31%
NVR	D	-0.3%
NWSA	B	-0.3%
WPC	D	-0.27%
LDOS	C	-0.27%
HAL	C	-0.25%
HUBB	B	-0.25%
STE	F	-0.24%
RPRX	D	-0.23%
TRU	D	-0.22%
HRL	D	-0.21%
STLD	B	-0.21%
DOC	D	-0.17%
TRMB	B	-0.16%
UDR	B	-0.08%
WBA	F	-0.07%
WLK	D	-0.06%
FOX	A	-0.06%