PFIX vs. UYG ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to ProShares Ultra Financials (UYG)

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

UYG

ProShares Ultra Financials

UYG Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$94.40

Average Daily Volume

22,415

Number of Holdings ^*

72

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	UYG
30 Days	1.63%	14.76%
60 Days	26.27%	22.50%
90 Days	22.86%	28.28%
12 Months	7.42%	95.76%

24 Overlapping Holdings

	Symbol	Grade	Weight in PFIX	Weight in UYG	Overlap
	AIG	B	0.34%	0.38%	0.34%
	BAC	A	1.73%	2.41%	1.73%
	BK	A	0.29%	0.45%	0.29%
	BLK	C	0.87%	1.13%	0.87%
	C	A	0.77%	1.01%	0.77%
	CINF	A	0.11%	0.18%	0.11%
	DFS	B	0.22%	0.34%	0.22%
	EG	C	0.09%	0.12%	0.09%
	FITB	A	0.16%	0.25%	0.16%
	HBAN	A	0.13%	0.2%	0.13%
	JPM	A	3.9%	5.36%	3.9%
	MET	A	0.32%	0.38%	0.32%
	MMC	B	0.75%	0.85%	0.75%
	MS	A	0.81%	1.28%	0.81%
	MTB	A	0.15%	0.28%	0.15%
	NTRS	A	0.11%	0.17%	0.11%
	PFG	D	0.14%	0.14%	0.14%
	PNC	B	0.43%	0.64%	0.43%
	RF	A	0.12%	0.19%	0.12%
	STT	A	0.16%	0.22%	0.16%
	SYF	B	0.12%	0.2%	0.12%
	TROW	B	0.17%	0.21%	0.17%
	TRV	B	0.38%	0.46%	0.38%
	USB	A	0.45%	0.61%	0.45%

PFIX Overweight 84 Positions Relative to UYG

	Symbol	Grade	Weight
	AVGO	D	3.86%
	XOM	B	3.19%
	JNJ	D	2.83%
	PG	A	2.82%
	CVX	A	2.06%
	TM	D	1.97%
	NVS	D	1.56%
	CSCO	B	1.48%
	CMCSA	B	1.29%
	QCOM	F	1.27%
	VZ	C	1.26%
	HSBH	B	1.23%
	TXN	C	1.13%
	COP	C	1.01%
	PLD	D	0.91%
	TD	F	0.83%
	LMT	D	0.82%
	ETN	A	0.82%
	UPS	C	0.81%
	ADP	B	0.79%
	MDLZ	F	0.76%
	CVS	D	0.76%
	GILD	C	0.66%
	SO	D	0.55%
	GD	F	0.46%
	HMC	F	0.45%
	PSX	C	0.45%
	STLA	F	0.43%
	NSC	B	0.42%
	PCAR	B	0.42%
	APD	A	0.37%
	VLO	C	0.36%
	SRE	A	0.33%
	NUE	C	0.32%
	OKE	A	0.31%
	AEP	D	0.31%
	PAYX	C	0.3%
	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%
	E	F	0.26%
	XEL	A	0.25%
	PEG	A	0.23%
	FANG	D	0.23%
	HSY	F	0.22%
	ADM	D	0.22%
	VICI	C	0.22%
	BCS	C	0.22%
	AVB	B	0.19%
	EIX	B	0.19%
	WEC	A	0.18%
	DTE	C	0.17%
	ES	D	0.15%
	GPC	D	0.14%
	DRI	B	0.14%
	AEE	A	0.14%
	ETR	B	0.14%
	GRMN	B	0.13%
	OMC	C	0.13%
	HPE	B	0.13%
	CMS	C	0.12%
	SWKS	F	0.12%
	HST	C	0.11%
	VTRS	A	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%
	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%
	FRO	F	0.02%

PFIX Underweight 48 Positions Relative to UYG

	Symbol	Grade	Weight
	BRK.A	B	-6.67%
	V	A	-4.01%
	MA	C	-3.34%
	WFC	A	-1.93%
	GS	A	-1.45%
	SPGI	C	-1.27%
	AXP	A	-1.26%
	PGR	A	-1.17%
	BX	A	-1.02%
	FI	A	-0.94%
	SCHW	B	-0.93%
	CB	C	-0.84%
	KKR	A	-0.79%
	ICE	C	-0.7%
	PYPL	B	-0.68%
	AON	A	-0.64%
	CME	A	-0.63%
	MCO	B	-0.59%
	COF	B	-0.54%
	AJG	B	-0.5%
	TFC	A	-0.48%
	AMP	A	-0.43%
	AFL	B	-0.43%
	ALL	A	-0.4%
	FIS	C	-0.38%
	MSCI	C	-0.37%
	PRU	A	-0.35%
	ACGL	D	-0.29%
	HIG	B	-0.27%
	WTW	B	-0.25%
	NDAQ	A	-0.25%
	GPN	B	-0.23%
	RJF	A	-0.23%
	CPAY	A	-0.2%
	BRO	B	-0.2%
	CBOE	B	-0.16%
	CFG	B	-0.16%
	FDS	B	-0.15%
	KEY	B	-0.14%
	WRB	A	-0.14%
	L	A	-0.12%
	JKHY	D	-0.1%
	AIZ	A	-0.09%
	GL	B	-0.08%
	MKTX	D	-0.08%
	ERIE	D	-0.08%
	IVZ	B	-0.06%
	BEN	C	-0.05%

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

UYG: Top Represented Industries & Keywords

Industries: Asset Management Banks - Regional - US Capital Markets Credit Services Insurance - Property & Casualty Insurance Brokers Business Services Insurance - Diversified Insurance - Life Banks - Global Financial Data & Stock Exchanges Insurance - Reinsurance

Keywords: S&P 500 Insurance Bank Banking Insurance Products Investment Bank Cash Management Disability Casualty Insurance Financial Products Investment Management Risk Management Commercial Banking Life Insurance Hedge Funds Investment Product Payment Systems Risk Management Services Advisory Services Asset Management Services