PFIX vs. USMF ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to WisdomTree U.S. Multifactor Fund (USMF)

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

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.37

Average Daily Volume

25,306

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	USMF
30 Days	1.63%	6.39%
60 Days	26.27%	7.88%
90 Days	22.86%	8.72%
12 Months	7.42%	32.34%

29 Overlapping Holdings

Symbol	Grade	Weight in PFIX	Weight in USMF	Overlap
ADP	B	0.79%	0.41%	0.41%
AEP	D	0.31%	0.27%	0.27%
AIG	B	0.34%	0.34%	0.34%
CAG	D	0.09%	0.26%	0.09%
CINF	A	0.11%	0.36%	0.11%
CMCSA	B	1.29%	0.93%	0.93%
COP	C	1.01%	0.4%	0.4%
DRI	B	0.14%	0.79%	0.14%
EIX	B	0.19%	0.28%	0.19%
ETR	B	0.14%	0.4%	0.14%
GILD	C	0.66%	0.43%	0.43%
GIS	D	0.28%	0.27%	0.27%
JNJ	D	2.83%	0.42%	0.42%
JPM	A	3.9%	0.39%	0.39%
KR	B	0.26%	0.34%	0.26%
LHX	C	0.29%	0.36%	0.29%
LMT	D	0.82%	0.4%	0.4%
MTB	A	0.15%	0.32%	0.15%
NTRS	A	0.11%	0.33%	0.11%
PCAR	B	0.42%	0.37%	0.37%
PG	A	2.82%	0.32%	0.32%
RSG	A	0.28%	0.4%	0.28%
SYF	B	0.12%	0.32%	0.12%
TRV	B	0.38%	0.37%	0.37%
VICI	C	0.22%	0.31%	0.22%
VLO	C	0.36%	0.32%	0.32%
VTRS	A	0.11%	0.32%	0.11%
VZ	C	1.26%	0.87%	0.87%
XOM	B	3.19%	0.43%	0.43%

PFIX Overweight 79 Positions Relative to USMF

Symbol	Grade	Weight
AVGO	D	3.86%
CVX	A	2.06%
TM	D	1.97%
BAC	A	1.73%
NVS	D	1.56%
CSCO	B	1.48%
QCOM	F	1.27%
HSBH	B	1.23%
TXN	C	1.13%
PLD	D	0.91%
BLK	C	0.87%
TD	F	0.83%
ETN	A	0.82%
MS	A	0.81%
UPS	C	0.81%
C	A	0.77%
MDLZ	F	0.76%
CVS	D	0.76%
MMC	B	0.75%
SO	D	0.55%
GD	F	0.46%
USB	A	0.45%
HMC	F	0.45%
PSX	C	0.45%
STLA	F	0.43%
PNC	B	0.43%
NSC	B	0.42%
APD	A	0.37%
SRE	A	0.33%
NUE	C	0.32%
MET	A	0.32%
OKE	A	0.31%
PAYX	C	0.3%
BK	A	0.29%
JCI	C	0.29%
CMI	A	0.28%
EXC	C	0.27%
E	F	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%
BCS	C	0.22%
AVB	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%
PFG	D	0.14%
GPC	D	0.14%
AEE	A	0.14%
HBAN	A	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%
HST	C	0.11%
ATO	A	0.11%
FNF	B	0.1%
SNA	A	0.1%
CCEP	C	0.1%
PKG	A	0.1%
BBY	D	0.1%
IP	B	0.09%
AMCR	D	0.09%
EG	C	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%
FRO	F	0.02%

PFIX Underweight 170 Positions Relative to USMF

Symbol	Grade	Weight
APP	B	-1.61%
MSI	B	-1.52%
GDDY	A	-1.49%
VRSN	F	-1.43%
CTSH	B	-1.38%
ROP	B	-1.35%
TDY	B	-1.34%
IBM	C	-1.32%
FFIV	B	-1.31%
TMUS	B	-1.29%
SNX	C	-1.17%
TYL	B	-1.12%
EA	A	-1.11%
FOXA	B	-1.09%
FICO	B	-1.08%
ZM	B	-1.07%
T	A	-1.05%
GEN	B	-1.03%
DBX	B	-1.02%
DOCU	A	-1.02%
CVLT	B	-1.01%
JNPR	F	-1.0%
CRM	B	-0.99%
AKAM	D	-0.96%
HPQ	B	-0.93%
DT	C	-0.92%
NYT	C	-0.88%
FTNT	C	-0.88%
TJX	A	-0.85%
DIS	B	-0.82%
ORLY	B	-0.82%
TXRH	C	-0.81%
WDAY	B	-0.81%
NTAP	C	-0.79%
EPAM	C	-0.76%
IPG	D	-0.75%
MUSA	A	-0.74%
AZO	C	-0.73%
LVS	C	-0.7%
ARMK	B	-0.69%
EBAY	D	-0.68%
INFA	D	-0.66%
NTNX	A	-0.64%
GM	B	-0.63%
HRB	D	-0.6%
EXPE	B	-0.53%
LDOS	C	-0.52%
CRUS	D	-0.5%
COR	B	-0.49%
FSLR	F	-0.48%
MCK	B	-0.46%
ECL	D	-0.45%
EHC	B	-0.44%
CAH	B	-0.44%
EXEL	B	-0.43%
CACI	D	-0.43%
AMP	A	-0.43%
HOLX	D	-0.42%
EOG	A	-0.42%
WM	A	-0.42%
BSX	B	-0.42%
FI	A	-0.42%
UTHR	C	-0.41%
DGX	A	-0.41%
INGR	B	-0.4%
ABT	B	-0.4%
IBKR	A	-0.4%
RJF	A	-0.4%
ADTN	A	-0.4%
BR	A	-0.39%
L	A	-0.39%
DOV	A	-0.39%
ANF	C	-0.39%
HIG	B	-0.39%
WFC	A	-0.39%
GPK	C	-0.38%
LH	C	-0.38%
VRSK	A	-0.38%
UNM	A	-0.38%
ZBH	C	-0.38%
CME	A	-0.37%
BRK.A	B	-0.37%
PPC	C	-0.37%
ABBV	D	-0.37%
ALSN	B	-0.37%
CCK	C	-0.37%
CHE	D	-0.37%
ALL	A	-0.36%
BRO	B	-0.36%
AIZ	A	-0.36%
ACI	C	-0.36%
SSNC	B	-0.36%
BMY	B	-0.36%
RLI	B	-0.36%
MRO	B	-0.35%
AFL	B	-0.35%
PRI	A	-0.35%
ORI	A	-0.35%
WMT	A	-0.35%
CNA	B	-0.35%
PGR	A	-0.35%
GAP	C	-0.35%
VOYA	B	-0.35%
J	F	-0.34%
RGA	A	-0.34%
MO	A	-0.34%
AXP	A	-0.34%
OGE	B	-0.34%
BERY	B	-0.34%
EME	C	-0.34%
MSA	D	-0.34%
MRK	F	-0.34%
MLI	C	-0.34%
WRB	A	-0.33%
CBOE	B	-0.33%
MKL	A	-0.33%
HAL	C	-0.33%
EWBC	A	-0.32%
TAP	C	-0.32%
ELS	C	-0.32%
GLPI	C	-0.32%
PCG	A	-0.31%
SYY	B	-0.31%
DE	A	-0.31%
NNN	D	-0.31%
KMB	D	-0.31%
HCA	F	-0.31%
DVN	F	-0.31%
UHS	D	-0.31%
TMO	F	-0.31%
BAH	F	-0.31%
CBSH	A	-0.31%
ELV	F	-0.3%
SAIC	F	-0.3%
FRT	B	-0.3%
POST	C	-0.3%
REYN	D	-0.3%
PNW	B	-0.3%
DUK	C	-0.3%
LPX	B	-0.29%
RYAN	B	-0.29%
SFM	A	-0.29%
MPC	D	-0.29%
MTG	C	-0.29%
CRS	A	-0.29%
CL	D	-0.29%
THC	D	-0.28%
FCNCA	A	-0.28%
CI	F	-0.28%
MAS	D	-0.28%
REGN	F	-0.28%
WPC	D	-0.27%
DVA	B	-0.27%
FDX	B	-0.26%
KHC	F	-0.26%
NBIX	C	-0.25%
CNC	D	-0.25%
DINO	D	-0.25%
FCN	D	-0.24%
PYPL	B	-0.23%
HALO	F	-0.23%
PAYC	B	-0.23%
HII	D	-0.23%
AMT	D	-0.22%
APA	D	-0.22%
MMM	D	-0.21%
BMRN	D	-0.2%
FMC	D	-0.18%
GL	B	-0.14%
LNTH	D	-0.13%