PFIX vs. FELV ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to Fidelity Enhanced Large Cap Value ETF (FELV)

PFIX

Simplify Interest Rate Hedge ETF

PFIX Description

The investment seeks to track the performance, before fees and expenses, of the SoFi Sustainable Dividend Index. The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. The adviser attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund will invest at least 80% its net assets in dividend paying securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.22

Average Daily Volume

80,893

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	FELV
30 Days	1.63%	4.38%
60 Days	26.27%	5.85%
90 Days	22.86%	7.57%
12 Months	7.42%	29.90%

60 Overlapping Holdings

Symbol	Grade	Weight in PFIX	Weight in FELV	Overlap
ADM	D	0.22%	0.1%	0.1%
ADP	B	0.79%	0.1%	0.1%
AEP	D	0.31%	0.08%	0.08%
AVGO	D	3.86%	0.12%	0.12%
BAC	A	1.73%	1.77%	1.73%
BBY	D	0.1%	0.15%	0.1%
BK	A	0.29%	0.63%	0.29%
BLK	C	0.87%	0.37%	0.37%
C	A	0.77%	0.48%	0.48%
CINF	A	0.11%	0.22%	0.11%
CMCSA	B	1.29%	1.13%	1.13%
CMI	A	0.28%	0.34%	0.28%
COP	C	1.01%	0.56%	0.56%
CSCO	B	1.48%	1.07%	1.07%
CVS	D	0.76%	0.3%	0.3%
CVX	A	2.06%	0.53%	0.53%
DFS	B	0.22%	0.05%	0.05%
DTE	C	0.17%	0.19%	0.17%
EIX	B	0.19%	0.17%	0.17%
ES	D	0.15%	0.13%	0.13%
ETN	A	0.82%	0.76%	0.76%
EVRG	A	0.07%	0.35%	0.07%
EXC	C	0.27%	0.24%	0.24%
FANG	D	0.23%	0.09%	0.09%
GD	F	0.46%	0.14%	0.14%
GILD	C	0.66%	0.92%	0.66%
GIS	D	0.28%	0.05%	0.05%
GRMN	B	0.13%	0.11%	0.11%
HPE	B	0.13%	0.21%	0.13%
JCI	C	0.29%	0.21%	0.21%
JNJ	D	2.83%	1.02%	1.02%
JPM	A	3.9%	2.93%	2.93%
KR	B	0.26%	0.31%	0.26%
LHX	C	0.29%	0.45%	0.29%
LMT	D	0.82%	0.64%	0.64%
MDLZ	F	0.76%	0.06%	0.06%
MMC	B	0.75%	0.38%	0.38%
MS	A	0.81%	0.54%	0.54%
NSC	B	0.42%	0.57%	0.42%
NUE	C	0.32%	0.34%	0.32%
PCAR	B	0.42%	0.39%	0.39%
PEG	A	0.23%	0.1%	0.1%
PFG	D	0.14%	0.16%	0.14%
PG	A	2.82%	1.24%	1.24%
PKG	A	0.1%	0.13%	0.1%
PNC	B	0.43%	0.7%	0.43%
QCOM	F	1.27%	0.5%	0.5%
RSG	A	0.28%	0.66%	0.28%
SO	D	0.55%	0.12%	0.12%
STT	A	0.16%	0.15%	0.15%
SWKS	F	0.12%	0.13%	0.12%
SYF	B	0.12%	0.03%	0.03%
TROW	B	0.17%	0.13%	0.13%
TRV	B	0.38%	0.28%	0.28%
TXN	C	1.13%	0.16%	0.16%
UPS	C	0.81%	0.06%	0.06%
VICI	C	0.22%	0.25%	0.22%
VZ	C	1.26%	0.68%	0.68%
XEL	A	0.25%	0.25%	0.25%
XOM	B	3.19%	2.51%	2.51%

PFIX Overweight 48 Positions Relative to FELV

Symbol	Grade	Weight
TM	D	1.97%
NVS	D	1.56%
HSBH	B	1.23%
PLD	D	0.91%
TD	F	0.83%
USB	A	0.45%
HMC	F	0.45%
PSX	C	0.45%
STLA	F	0.43%
APD	A	0.37%
VLO	C	0.36%
AIG	B	0.34%
SRE	A	0.33%
MET	A	0.32%
OKE	A	0.31%
PAYX	C	0.3%
E	F	0.26%
HSY	F	0.22%
BCS	C	0.22%
AVB	B	0.19%
WEC	A	0.18%
FITB	A	0.16%
MTB	A	0.15%
GPC	D	0.14%
DRI	B	0.14%
AEE	A	0.14%
ETR	B	0.14%
HBAN	A	0.13%
OMC	C	0.13%
CMS	C	0.12%
RF	A	0.12%
HST	C	0.11%
NTRS	A	0.11%
VTRS	A	0.11%
ATO	A	0.11%
FNF	B	0.1%
SNA	A	0.1%
CCEP	C	0.1%
IP	B	0.09%
AMCR	D	0.09%
EG	C	0.09%
CAG	D	0.09%
NI	A	0.08%
LNT	A	0.08%
MOS	F	0.07%
CHRW	C	0.06%
CPB	D	0.06%
FRO	F	0.02%

PFIX Underweight 272 Positions Relative to FELV

Symbol	Grade	Weight
BRK.A	B	-3.64%
WMT	A	-1.76%
UNH	C	-1.57%
PM	B	-1.31%
WFC	A	-1.22%
GE	D	-1.05%
T	A	-1.02%
SCHW	B	-0.88%
MU	D	-0.86%
PFE	D	-0.85%
ABBV	D	-0.85%
INTC	D	-0.85%
BMY	B	-0.84%
NEE	D	-0.81%
DIS	B	-0.8%
PYPL	B	-0.79%
UNP	C	-0.75%
BDX	F	-0.74%
TMO	F	-0.73%
SQ	B	-0.7%
RTX	C	-0.7%
NOC	D	-0.63%
SPGI	C	-0.63%
CVNA	B	-0.62%
MMM	D	-0.6%
CI	F	-0.6%
AON	A	-0.59%
SEIC	B	-0.58%
PPG	F	-0.57%
CCI	D	-0.57%
CME	A	-0.57%
TMUS	B	-0.56%
ABT	B	-0.54%
CL	D	-0.54%
CAT	B	-0.54%
ALLE	D	-0.54%
TXT	D	-0.53%
EOG	A	-0.53%
ZM	B	-0.52%
PSA	D	-0.52%
TT	A	-0.52%
ECL	D	-0.5%
SSNC	B	-0.5%
DD	D	-0.48%
LDOS	C	-0.47%
COF	B	-0.47%
CACI	D	-0.46%
LIN	D	-0.46%
HD	A	-0.45%
WAB	B	-0.45%
CTAS	B	-0.43%
DBX	B	-0.42%
AMAT	F	-0.42%
MDT	D	-0.4%
PCG	A	-0.39%
UNM	A	-0.38%
ADBE	C	-0.37%
IGT	F	-0.36%
L	A	-0.35%
PGR	A	-0.35%
EXEL	B	-0.35%
TPH	D	-0.35%
BRX	A	-0.35%
CSX	B	-0.34%
ACN	C	-0.34%
GS	A	-0.34%
DVN	F	-0.34%
FTV	C	-0.33%
LPX	B	-0.33%
STLD	B	-0.33%
F	C	-0.33%
ZBRA	B	-0.32%
CAH	B	-0.3%
TWLO	A	-0.3%
BIIB	F	-0.3%
FR	C	-0.28%
MCD	D	-0.28%
VMC	B	-0.28%
DUK	C	-0.28%
VEEV	C	-0.28%
MO	A	-0.28%
TOL	B	-0.28%
MA	C	-0.28%
GL	B	-0.28%
GEV	B	-0.28%
ANF	C	-0.28%
TJX	A	-0.28%
IBM	C	-0.27%
TDC	D	-0.27%
SYK	C	-0.26%
AME	A	-0.26%
WTW	B	-0.26%
CLX	B	-0.25%
GAP	C	-0.25%
SEE	C	-0.25%
FLS	B	-0.25%
WM	A	-0.25%
KMI	A	-0.24%
TFC	A	-0.24%
CNC	D	-0.23%
ED	D	-0.22%
Z	A	-0.22%
DOCU	A	-0.22%
OC	A	-0.22%
CRM	B	-0.22%
DOC	D	-0.22%
INCY	C	-0.22%
SKYW	B	-0.21%
MGM	D	-0.21%
META	D	-0.21%
AXP	A	-0.2%
VMI	B	-0.2%
MSI	B	-0.2%
EQIX	A	-0.2%
PNR	A	-0.19%
NFLX	A	-0.19%
USFD	A	-0.19%
FTI	A	-0.19%
ALL	A	-0.19%
BSX	B	-0.19%
MSCI	C	-0.19%
AAPL	C	-0.19%
KEY	B	-0.18%
SPG	B	-0.18%
ITT	A	-0.18%
ICE	C	-0.18%
TMHC	B	-0.18%
ZG	A	-0.18%
NVDA	C	-0.17%
DHR	F	-0.17%
PRU	A	-0.17%
IQV	D	-0.17%
LNW	D	-0.17%
MKL	A	-0.17%
ACA	A	-0.17%
CEG	D	-0.17%
EQR	B	-0.17%
GEHC	F	-0.16%
TAP	C	-0.16%
QGEN	D	-0.16%
MEDP	D	-0.16%
CCK	C	-0.16%
AES	F	-0.16%
CNP	B	-0.15%
ILMN	D	-0.15%
JXN	C	-0.15%
AMGN	D	-0.15%
RCL	A	-0.15%
OXY	D	-0.15%
WDC	D	-0.14%
KMB	D	-0.14%
AMT	D	-0.14%
HUM	C	-0.14%
HAL	C	-0.13%
WDAY	B	-0.13%
CCL	B	-0.13%
PH	A	-0.12%
SOLV	C	-0.12%
NTAP	C	-0.12%
ITW	B	-0.12%
WMB	A	-0.12%
EEFT	B	-0.12%
HWM	A	-0.12%
KHC	F	-0.12%
UHS	D	-0.12%
BLD	D	-0.11%
AIZ	A	-0.11%
QRVO	F	-0.11%
EA	A	-0.11%
ENS	D	-0.11%
ROST	C	-0.11%
BCC	B	-0.11%
ELV	F	-0.11%
AMH	D	-0.11%
BMRN	D	-0.11%
TPR	B	-0.1%
ADTN	A	-0.1%
BKR	B	-0.1%
CRC	B	-0.1%
MHO	D	-0.1%
A	D	-0.09%
TRGP	B	-0.09%
CNO	A	-0.09%
MTDR	B	-0.09%
WBD	C	-0.09%
KD	B	-0.09%
GPN	B	-0.09%
ACT	D	-0.09%
MCK	B	-0.09%
VRTX	F	-0.09%
CRUS	D	-0.09%
AMZN	C	-0.08%
TENB	C	-0.08%
DASH	A	-0.08%
MKC	D	-0.08%
DELL	C	-0.08%
LH	C	-0.08%
HON	B	-0.08%
BBWI	D	-0.08%
IFF	D	-0.08%
ALRM	C	-0.08%
VST	B	-0.07%
CMG	B	-0.07%
REG	B	-0.07%
BYD	C	-0.07%
LYFT	C	-0.07%
LOW	D	-0.07%
WCC	B	-0.07%
NWL	B	-0.06%
NWSA	B	-0.06%
EW	C	-0.06%
LEG	F	-0.06%
ARW	D	-0.06%
VSTS	C	-0.06%
OGE	B	-0.06%
NMRK	B	-0.06%
TRMB	B	-0.05%
SAM	C	-0.05%
CTRA	B	-0.05%
FHI	A	-0.05%
GLPI	C	-0.05%
CW	B	-0.05%
PLTK	B	-0.05%
NEM	D	-0.05%
AM	A	-0.04%
ADI	D	-0.04%
VLTO	D	-0.04%
INGR	B	-0.04%
VAC	B	-0.04%
CSGP	D	-0.04%
HL	D	-0.04%
CWEN	C	-0.04%
BKH	A	-0.04%
CTRE	D	-0.04%
AXTA	A	-0.03%
MSA	D	-0.03%
TFX	F	-0.03%
KLAC	D	-0.03%
UAL	A	-0.03%
RGA	A	-0.03%
EXTR	B	-0.03%
WS	B	-0.03%
RJF	A	-0.03%
ALKS	B	-0.03%
DHI	D	-0.03%
NWS	B	-0.03%
MATX	C	-0.03%
AMD	F	-0.02%
CWEN	C	-0.02%
AYI	B	-0.02%
SWI	B	-0.02%
OKTA	C	-0.02%
OGN	D	-0.02%
BERY	B	-0.02%
ITRI	B	-0.02%
BIO	D	-0.02%
WOOF	D	-0.02%
MWA	B	-0.01%
TNL	A	-0.01%
TGT	F	-0.01%
FTDR	A	-0.01%
MUR	D	-0.01%
PHM	D	-0.01%
CXT	B	-0.01%
BLDR	D	-0.01%
ROP	B	-0.01%
DGX	A	-0.01%
ANSS	B	-0.01%
AXS	A	-0.01%
SON	D	-0.01%
GLW	B	-0.01%
M	D	-0.01%