PY vs. PFIX ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to Simplify Interest Rate Hedge ETF (PFIX)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$51.93

Average Daily Volume

5,520

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

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

Performance

Period	PY	PFIX
30 Days	4.03%	1.63%
60 Days	5.45%	26.27%
90 Days	7.68%	22.86%
12 Months	30.80%	7.42%

38 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in PFIX	Overlap
ADM	D	0.65%	0.22%	0.22%
ADP	B	1.01%	0.79%	0.79%
AIG	B	0.81%	0.34%	0.34%
AVB	B	0.75%	0.19%	0.19%
AVGO	D	2.35%	3.86%	2.35%
BK	A	0.91%	0.29%	0.29%
CINF	A	0.79%	0.11%	0.11%
CMCSA	B	1.09%	1.29%	1.09%
CVS	D	0.78%	0.76%	0.76%
CVX	A	1.35%	2.06%	1.35%
DFS	B	1.0%	0.22%	0.22%
DRI	B	0.76%	0.14%	0.14%
EG	C	0.68%	0.09%	0.09%
FANG	D	0.75%	0.23%	0.23%
FITB	A	0.85%	0.16%	0.16%
GIS	D	0.65%	0.28%	0.28%
GPC	D	0.66%	0.14%	0.14%
HPE	B	0.88%	0.13%	0.13%
HSY	F	0.66%	0.22%	0.22%
KR	B	0.84%	0.26%	0.26%
LMT	D	0.88%	0.82%	0.82%
MDLZ	F	0.77%	0.76%	0.76%
MET	A	0.85%	0.32%	0.32%
MMC	B	0.88%	0.75%	0.75%
MS	A	1.26%	0.81%	0.81%
PAYX	C	0.85%	0.3%	0.3%
PLD	D	0.82%	0.91%	0.82%
PNC	B	0.96%	0.43%	0.43%
PSX	C	0.79%	0.45%	0.45%
QCOM	F	1.07%	1.27%	1.07%
RF	A	0.85%	0.12%	0.12%
SNA	A	0.93%	0.1%	0.1%
SWKS	F	0.6%	0.12%	0.12%
SYF	B	0.97%	0.12%	0.12%
TRV	B	0.86%	0.38%	0.38%
VICI	C	0.7%	0.22%	0.22%
VLO	C	0.8%	0.36%	0.36%
XOM	B	1.82%	3.19%	1.82%

PY Overweight 67 Positions Relative to PFIX

Symbol	Grade	Weight
AAPL	C	3.82%
MSFT	F	3.5%
NVDA	C	3.38%
HD	A	1.58%
WFC	A	1.43%
CAT	B	1.18%
ACN	C	1.18%
AXP	A	1.13%
LOW	D	1.06%
BMY	B	1.05%
TT	A	1.0%
RTX	C	1.0%
AMP	A	0.99%
TJX	A	0.98%
TRGP	B	0.97%
EQT	B	0.94%
BKR	B	0.94%
DE	A	0.91%
CB	C	0.91%
ITW	B	0.9%
MO	A	0.89%
STLD	B	0.88%
PNR	A	0.87%
CSX	B	0.86%
SLB	C	0.85%
SPG	B	0.85%
PRU	A	0.84%
RL	B	0.84%
FOXA	B	0.83%
FDX	B	0.83%
OTIS	C	0.82%
NKE	D	0.82%
ROK	B	0.82%
CI	F	0.81%
NDAQ	A	0.8%
CTSH	B	0.8%
HPQ	B	0.79%
BR	A	0.79%
WTW	B	0.79%
AIZ	A	0.78%
DD	D	0.78%
TAP	C	0.78%
CF	B	0.77%
EBAY	D	0.77%
BEN	C	0.77%
MRO	B	0.76%
HAL	C	0.76%
BBWI	D	0.75%
MPC	D	0.75%
HIG	B	0.75%
NDSN	B	0.74%
PPG	F	0.73%
ALLE	D	0.73%
SYY	B	0.72%
EMN	D	0.72%
ESS	B	0.72%
OXY	D	0.72%
MAA	B	0.7%
CPT	B	0.69%
KMB	D	0.69%
INVH	D	0.67%
AOS	F	0.66%
ARE	D	0.66%
SBAC	D	0.66%
HRL	D	0.65%
MKC	D	0.65%
LYB	F	0.64%

PY Underweight 70 Positions Relative to PFIX

Symbol	Grade	Weight
JPM	A	-3.9%
JNJ	D	-2.83%
PG	A	-2.82%
TM	D	-1.97%
BAC	A	-1.73%
NVS	D	-1.56%
CSCO	B	-1.48%
VZ	C	-1.26%
HSBH	B	-1.23%
TXN	C	-1.13%
COP	C	-1.01%
BLK	C	-0.87%
TD	F	-0.83%
ETN	A	-0.82%
UPS	C	-0.81%
C	A	-0.77%
GILD	C	-0.66%
SO	D	-0.55%
GD	F	-0.46%
USB	A	-0.45%
HMC	F	-0.45%
STLA	F	-0.43%
NSC	B	-0.42%
PCAR	B	-0.42%
APD	A	-0.37%
SRE	A	-0.33%
NUE	C	-0.32%
OKE	A	-0.31%
AEP	D	-0.31%
JCI	C	-0.29%
LHX	C	-0.29%
CMI	A	-0.28%
RSG	A	-0.28%
EXC	C	-0.27%
E	F	-0.26%
XEL	A	-0.25%
PEG	A	-0.23%
BCS	C	-0.22%
EIX	B	-0.19%
WEC	A	-0.18%
TROW	B	-0.17%
DTE	C	-0.17%
STT	A	-0.16%
ES	D	-0.15%
MTB	A	-0.15%
PFG	D	-0.14%
AEE	A	-0.14%
ETR	B	-0.14%
HBAN	A	-0.13%
GRMN	B	-0.13%
OMC	C	-0.13%
CMS	C	-0.12%
HST	C	-0.11%
NTRS	A	-0.11%
VTRS	A	-0.11%
ATO	A	-0.11%
FNF	B	-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%