PFIX vs. IWX ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to iShares Russell Top 200 Value ETF (IWX)

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

$49.95

Average Daily Volume

80,404

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. 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 Russell Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$82.66

Average Daily Volume

316,866

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	IWX
30 Days	8.26%	-0.43%
60 Days	24.84%	2.88%
90 Days	23.43%	5.48%
12 Months	5.50%	26.36%

40 Overlapping Holdings

Symbol	Grade	Weight in PFIX	Weight in IWX	Overlap
ADP	B	0.79%	0.05%	0.05%
AEP	C	0.31%	0.31%	0.31%
AIG	C	0.34%	0.3%	0.3%
APD	A	0.37%	0.43%	0.37%
BAC	A	1.73%	1.91%	1.73%
BLK	B	0.87%	0.93%	0.87%
C	B	0.77%	0.79%	0.77%
CMCSA	B	1.29%	0.99%	0.99%
COP	B	1.01%	0.79%	0.79%
CSCO	B	1.48%	1.4%	1.4%
CVS	F	0.76%	0.4%	0.4%
CVX	A	2.06%	1.68%	1.68%
ETN	B	0.82%	0.86%	0.82%
GD	D	0.46%	0.47%	0.46%
GILD	C	0.66%	0.66%	0.66%
JCI	B	0.29%	0.34%	0.29%
JNJ	D	2.83%	2.24%	2.24%
JPM	A	3.9%	4.24%	3.9%
LMT	D	0.82%	0.47%	0.47%
MDLZ	F	0.76%	0.52%	0.52%
MET	A	0.32%	0.3%	0.3%
MMC	D	0.75%	0.57%	0.57%
MS	A	0.81%	0.88%	0.81%
NSC	B	0.42%	0.36%	0.36%
PCAR	C	0.42%	0.35%	0.35%
PG	C	2.82%	1.87%	1.87%
PLD	D	0.91%	0.63%	0.63%
PNC	B	0.43%	0.5%	0.43%
PSX	C	0.45%	0.33%	0.33%
QCOM	F	1.27%	0.07%	0.07%
RSG	A	0.28%	0.26%	0.26%
SO	C	0.55%	0.58%	0.55%
SRE	A	0.33%	0.35%	0.33%
TRV	A	0.38%	0.36%	0.36%
TXN	C	1.13%	0.97%	0.97%
UPS	C	0.81%	0.59%	0.59%
USB	B	0.45%	0.47%	0.45%
VLO	C	0.36%	0.27%	0.27%
VZ	C	1.26%	1.06%	1.06%
XOM	B	3.19%	3.23%	3.19%

PFIX Overweight 68 Positions Relative to IWX

Symbol	Grade	Weight
AVGO	C	3.86%
TM	D	1.97%
NVS	D	1.56%
HSBH	A	1.23%
TD	D	0.83%
HMC	F	0.45%
STLA	F	0.43%
NUE	D	0.32%
OKE	A	0.31%
PAYX	B	0.3%
BK	B	0.29%
LHX	B	0.29%
CMI	A	0.28%
GIS	F	0.28%
EXC	C	0.27%
KR	B	0.26%
E	F	0.26%
XEL	A	0.25%
PEG	C	0.23%
FANG	D	0.23%
HSY	F	0.22%
DFS	B	0.22%
ADM	D	0.22%
VICI	C	0.22%
BCS	B	0.22%
AVB	B	0.19%
EIX	C	0.19%
WEC	A	0.18%
TROW	B	0.17%
DTE	C	0.17%
STT	B	0.16%
FITB	B	0.16%
ES	C	0.15%
MTB	A	0.15%
PFG	C	0.14%
GPC	F	0.14%
DRI	C	0.14%
AEE	A	0.14%
ETR	A	0.14%
HBAN	B	0.13%
GRMN	B	0.13%
OMC	C	0.13%
HPE	B	0.13%
CMS	C	0.12%
RF	A	0.12%
SWKS	F	0.12%
SYF	B	0.12%
HST	D	0.11%
NTRS	A	0.11%
VTRS	A	0.11%
ATO	A	0.11%
CINF	A	0.11%
FNF	A	0.1%
SNA	B	0.1%
CCEP	D	0.1%
PKG	B	0.1%
BBY	D	0.1%
IP	A	0.09%
AMCR	D	0.09%
EG	D	0.09%
CAG	F	0.09%
NI	A	0.08%
LNT	A	0.08%
MOS	D	0.07%
EVRG	A	0.07%
CHRW	B	0.06%
CPB	D	0.06%
FRO	D	0.02%

PFIX Underweight 118 Positions Relative to IWX

Symbol	Grade	Weight
BRK.A	B	-5.18%
UNH	C	-3.06%
WMT	A	-2.2%
WFC	A	-1.57%
ACN	C	-1.34%
LIN	D	-1.3%
DIS	B	-1.27%
ABT	A	-1.21%
PM	A	-1.2%
MCD	D	-1.19%
TMO	F	-1.18%
IBM	C	-1.13%
ABBV	F	-1.0%
T	A	-0.98%
CAT	C	-0.97%
NEE	C	-0.95%
SPGI	D	-0.95%
RTX	D	-0.95%
LOW	C	-0.93%
GE	D	-0.91%
DHR	D	-0.9%
PFE	F	-0.85%
GS	B	-0.83%
BSX	A	-0.77%
HON	B	-0.76%
CB	C	-0.7%
TMUS	B	-0.69%
BMY	A	-0.69%
MDT	D	-0.68%
SCHW	A	-0.65%
MU	D	-0.64%
ADI	D	-0.62%
KO	D	-0.62%
INTC	C	-0.62%
DE	C	-0.61%
AXP	B	-0.61%
SYK	A	-0.6%
MO	A	-0.58%
PH	B	-0.54%
GEV	A	-0.54%
PYPL	B	-0.53%
ICE	C	-0.53%
DUK	C	-0.52%
FI	A	-0.5%
BA	D	-0.49%
EQIX	A	-0.49%
CME	A	-0.49%
CI	D	-0.49%
HD	A	-0.49%
WELL	A	-0.49%
EOG	A	-0.47%
ELV	F	-0.47%
AMD	F	-0.45%
AON	B	-0.45%
UNP	D	-0.45%
REGN	F	-0.44%
EMR	A	-0.44%
KKR	A	-0.43%
MRVL	B	-0.42%
COF	B	-0.42%
TGT	B	-0.42%
CRH	B	-0.41%
NOC	D	-0.41%
CSX	C	-0.41%
FDX	B	-0.4%
BDX	F	-0.39%
CARR	D	-0.38%
GM	B	-0.38%
MAR	B	-0.38%
TT	A	-0.37%
FCX	F	-0.37%
SLB	C	-0.37%
TFC	A	-0.37%
CEG	C	-0.36%
VRTX	D	-0.36%
MMM	D	-0.35%
ROP	C	-0.35%
TDG	D	-0.33%
MPC	D	-0.33%
TJX	A	-0.33%
ITW	B	-0.3%
D	C	-0.29%
HCA	F	-0.29%
PEP	F	-0.28%
CRM	B	-0.28%
NEM	D	-0.28%
MCK	A	-0.27%
PSA	C	-0.27%
MSI	B	-0.26%
F	C	-0.26%
STZ	D	-0.23%
CL	D	-0.21%
APH	B	-0.21%
NKE	F	-0.21%
KDP	D	-0.21%
EW	C	-0.2%
OXY	F	-0.2%
AMGN	D	-0.2%
DELL	B	-0.18%
KHC	F	-0.17%
KMB	C	-0.16%
SBUX	A	-0.15%
PGR	B	-0.14%
APO	A	-0.13%
ZTS	D	-0.08%
FTNT	B	-0.07%
AMAT	F	-0.07%
MRNA	F	-0.07%
EL	F	-0.06%
BKNG	A	-0.06%
ECL	D	-0.05%
SHW	C	-0.05%
MNST	C	-0.04%
DASH	A	-0.04%
AZO	C	-0.03%
ORLY	B	-0.03%
CPRT	B	-0.02%
CTAS	B	-0.02%