PFIX vs. MFDX ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX)

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

MFDX

PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF

MFDX Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of "factor portfolios," each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$30.33

Average Daily Volume

24,135

Number of Holdings ^*

51

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	MFDX
30 Days	1.63%	-1.45%
60 Days	26.27%	-5.23%
90 Days	22.86%	-4.02%
12 Months	7.42%	11.37%

10 Overlapping Holdings

	Symbol	Grade	Weight in PFIX	Weight in MFDX	Overlap
	BCS	C	0.22%	0.28%	0.22%
	CCEP	C	0.1%	0.06%	0.06%
	E	F	0.26%	0.08%	0.08%
	FRO	F	0.02%	0.02%	0.02%
	GRMN	B	0.13%	0.26%	0.13%
	HMC	F	0.45%	0.16%	0.16%
	HSBH	B	1.23%	0.4%	0.4%
	NVS	D	1.56%	0.61%	0.61%
	STLA	F	0.43%	0.06%	0.06%
	TM	D	1.97%	0.21%	0.21%

PFIX Overweight 98 Positions Relative to MFDX

	Symbol	Grade	Weight
	JPM	A	3.9%
	AVGO	D	3.86%
	XOM	B	3.19%
	JNJ	D	2.83%
	PG	A	2.82%
	CVX	A	2.06%
	BAC	A	1.73%
	CSCO	B	1.48%
	CMCSA	B	1.29%
	QCOM	F	1.27%
	VZ	C	1.26%
	TXN	C	1.13%
	COP	C	1.01%
	PLD	D	0.91%
	BLK	C	0.87%
	TD	F	0.83%
	LMT	D	0.82%
	ETN	A	0.82%
	MS	A	0.81%
	UPS	C	0.81%
	ADP	B	0.79%
	C	A	0.77%
	MDLZ	F	0.76%
	CVS	D	0.76%
	MMC	B	0.75%
	GILD	C	0.66%
	SO	D	0.55%
	GD	F	0.46%
	USB	A	0.45%
	PSX	C	0.45%
	PNC	B	0.43%
	NSC	B	0.42%
	PCAR	B	0.42%
	TRV	B	0.38%
	APD	A	0.37%
	VLO	C	0.36%
	AIG	B	0.34%
	SRE	A	0.33%
	NUE	C	0.32%
	MET	A	0.32%
	OKE	A	0.31%
	AEP	D	0.31%
	PAYX	C	0.3%
	BK	A	0.29%
	JCI	C	0.29%
	LHX	C	0.29%
	CMI	A	0.28%
	RSG	A	0.28%
	GIS	D	0.28%
	EXC	C	0.27%
	KR	B	0.26%
	XEL	A	0.25%
	PEG	A	0.23%
	FANG	D	0.23%
	HSY	F	0.22%
	DFS	B	0.22%
	ADM	D	0.22%
	VICI	C	0.22%
	AVB	B	0.19%
	EIX	B	0.19%
	WEC	A	0.18%
	TROW	B	0.17%
	DTE	C	0.17%
	STT	A	0.16%
	FITB	A	0.16%
	ES	D	0.15%
	MTB	A	0.15%
	PFG	D	0.14%
	GPC	D	0.14%
	DRI	B	0.14%
	AEE	A	0.14%
	ETR	B	0.14%
	HBAN	A	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	C	0.11%
	NTRS	A	0.11%
	VTRS	A	0.11%
	ATO	A	0.11%
	CINF	A	0.11%
	FNF	B	0.1%
	SNA	A	0.1%
	PKG	A	0.1%
	BBY	D	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%
	EVRG	A	0.07%
	CHRW	C	0.06%
	CPB	D	0.06%

PFIX Underweight 41 Positions Relative to MFDX

	Symbol	Grade	Weight
	UL	D	-1.11%
	ABBV	D	-0.7%
	MUFG	B	-0.39%
	TT	A	-0.37%
	MFG	B	-0.36%
	MDT	D	-0.34%
	NXPI	D	-0.32%
	ARM	D	-0.28%
	SMFG	B	-0.27%
	SE	B	-0.22%
	SPOT	B	-0.22%
	WCN	A	-0.21%
	CNI	D	-0.16%
	DEO	F	-0.14%
	LOGI	D	-0.13%
	CHKP	D	-0.12%
	RBA	A	-0.11%
	LYG	F	-0.1%
	TEVA	D	-0.1%
	GOLD	D	-0.09%
	WFG	D	-0.08%
	ICLR	D	-0.08%
	NMR	B	-0.07%
	LULU	C	-0.07%
	WIX	B	-0.06%
	ALLE	D	-0.05%
	AGCO	D	-0.04%
	CYBR	B	-0.04%
	QGEN	D	-0.04%
	ALV	C	-0.04%
	SONY	B	-0.03%
	PDS	C	-0.03%
	AEI	D	-0.03%
	DOOO	F	-0.02%
	ASND	D	-0.02%
	MNDY	C	-0.02%
	SFL	D	-0.01%
	AER	B	-0.01%
	YY	C	-0.01%
	MBAVU	D	-0.0%
	CSIQ	F	-0.0%

PFIX: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Asset Management Banks - Global Semiconductors Utilities - Diversified Auto Manufacturers Communication Equipment Drug Manufacturers - Major Oil & Gas Integrated Packaged Foods Packaging & Containers Aerospace & Defense Business Services Confectioners Credit Services Insurance - Life Insurance - Property & Casualty Integrated Shipping & Logistics Oil & Gas E&P

Keywords: S&P 500 Natural Gas Electricity Nasdaq 100 Bank Insurance Banking Cash Management Insurance Products Investment Bank Investment Management Dow Jones Component Financial Products Chemical Commercial Banking Electric Utility Mining Asset Management Services Cash Management Services Food Products

MFDX: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Internet Content & Information Diagnostics & Research Drug Manufacturers - Major Semiconductors Shipping & Ports Software - Application Airports & Air Services Apparel Stores Auto Parts Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Biotechnology Business Services Capital Markets Computer Systems Consumer Electronics

Keywords: S&P 500 Nasdaq 100 Asset Management Bank Banking Biotechnology Computing Financial Products Investment Banking Investment Banking Services Transport Advisory Services Automotive Industry Cars Cash Management Services Corporate Banking Gas Exploration IBD 50 Insurance Products Investment Bank