SMOT vs. NXTV ETF Comparison

Comparison of VanEck MorVanEck Morningstar SMID Moat ETFningstar SMID Moat ETF (SMOT) to Simplify Next Intangible Value Index ETF (NXTV)

SMOT

VanEck MorVanEck Morningstar SMID Moat ETFningstar SMID Moat ETF

SMOT Description

VanEck Morningstar SMID Moat ETF is an exchange traded fund launched and managed by Van Eck Associates Corporation. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Morningstar US Small-Mid Cap Moat Focus Index, by using full replication technique. VanEck Morningstar SMID Moat ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$36.82

Average Daily Volume

71,869

Number of Holdings ^*

104

* may have additional holdings in another (foreign) market

NXTV

Simplify Next Intangible Value Index ETF

NXTV Description

NXTV targets US companies with low equity valuations relative to their intangible-adjusted book values within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating an intangible-adjusted book value for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the lowest equity valuations relative to their intangible adjusted book values are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Holdings are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$28.45

Average Daily Volume

731

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

Performance

Period	SMOT	NXTV
30 Days	3.97%	3.77%
60 Days	5.76%	4.81%
90 Days	7.16%	8.56%
12 Months	28.31%

22 Overlapping Holdings

Symbol	Grade	Weight in SMOT	Weight in NXTV	Overlap
BAX	F	0.51%	0.53%	0.51%
BWA	D	0.63%	0.16%	0.16%
CCL	A	1.75%	0.45%	0.45%
CNC	D	1.03%	0.48%	0.48%
COF	C	1.65%	0.96%	0.96%
CPB	D	0.54%	0.21%	0.21%
CTVA	C	1.29%	0.62%	0.62%
DD	C	1.25%	0.69%	0.69%
DINO	D	0.53%	0.18%	0.18%
ETR	B	0.75%	0.32%	0.32%
EVRG	A	0.69%	0.14%	0.14%
EXPE	B	1.75%	0.36%	0.36%
INCY	C	0.74%	0.41%	0.41%
JLL	D	0.75%	0.2%	0.2%
KHC	F	0.54%	0.62%	0.54%
KMX	B	1.35%	0.2%	0.2%
LAD	A	1.82%	0.15%	0.15%
NI	A	1.42%	0.16%	0.16%
TPR	B	1.58%	0.48%	0.48%
WCC	B	1.51%	0.23%	0.23%
ZBH	C	0.66%	0.64%	0.64%
ZM	C	0.72%	0.96%	0.72%

SMOT Overweight 82 Positions Relative to NXTV

Symbol	Grade	Weight
SQ	A	1.73%
DFS	B	1.7%
LYV	A	1.69%
DASH	B	1.68%
NCLH	B	1.66%
LPLA	A	1.62%
CG	B	1.6%
WH	B	1.53%
LYFT	C	1.52%
SEIC	B	1.47%
ABG	C	1.46%
NET	B	1.46%
SMG	C	1.38%
TRU	D	1.36%
SSNC	B	1.33%
ALLE	C	1.3%
CTSH	B	1.3%
BC	C	1.28%
OMC	C	1.27%
EMN	C	1.24%
VEEV	C	1.22%
SEE	C	1.21%
HAS	D	1.18%
LFUS	D	1.18%
GNTX	C	1.15%
RVTY	F	1.13%
CCI	C	1.1%
WU	F	1.08%
LYB	F	1.07%
ST	F	1.07%
IFF	D	1.04%
IQV	F	1.03%
DOW	F	1.02%
ALSN	B	0.99%
HII	F	0.98%
RJF	A	0.86%
CMA	B	0.83%
FFIV	B	0.83%
ADSK	A	0.79%
TFC	A	0.79%
ZS	B	0.77%
WDAY	B	0.74%
LH	B	0.74%
GTLS	A	0.73%
GPN	B	0.72%
VNT	C	0.72%
ESTC	C	0.71%
WEC	A	0.71%
RBLX	C	0.69%
IVZ	B	0.68%
OTIS	C	0.67%
SMAR	B	0.67%
DKNG	B	0.67%
MAS	D	0.66%
ROK	C	0.66%
FBIN	D	0.64%
RMD	C	0.64%
HES	B	0.64%
MKTX	D	0.64%
POR	C	0.64%
WMG	D	0.64%
MAT	D	0.64%
KVUE	A	0.63%
AN	C	0.63%
PINS	F	0.61%
FTV	C	0.6%
EFX	F	0.6%
WYNN	C	0.59%
MSM	C	0.59%
GEHC	D	0.58%
RPRX	D	0.57%
A	D	0.56%
DVN	F	0.54%
IPG	D	0.54%
TNET	F	0.53%
CRL	D	0.52%
MCHP	F	0.51%
SWKS	F	0.5%
BBWI	C	0.48%
TER	F	0.48%
IONS	F	0.48%
CE	F	0.37%

SMOT Underweight 172 Positions Relative to NXTV

Symbol	Grade	Weight
CMCSA	B	-5.48%
T	A	-5.05%
VZ	C	-4.68%
PFE	F	-4.63%
INTC	C	-3.52%
DELL	B	-3.41%
C	A	-1.95%
KR	B	-1.77%
HPQ	B	-1.47%
FDX	B	-1.15%
EBAY	D	-1.1%
CVS	D	-1.08%
HPE	B	-1.06%
GM	C	-1.04%
NTAP	C	-0.98%
WDC	D	-0.92%
BBY	D	-0.91%
GFS	C	-0.91%
VICI	C	-0.85%
FOXA	A	-0.83%
MET	A	-0.83%
TRV	B	-0.83%
BIIB	F	-0.78%
DG	F	-0.76%
SNAP	D	-0.75%
AIG	B	-0.75%
EL	F	-0.74%
ALL	A	-0.74%
NWS	A	-0.72%
F	C	-0.72%
FCNCA	A	-0.71%
PRU	A	-0.67%
NUE	C	-0.67%
DLTR	F	-0.61%
LEN	D	-0.6%
ILMN	C	-0.58%
SYY	D	-0.57%
MRNA	F	-0.57%
TWLO	A	-0.55%
HUM	C	-0.55%
JNPR	D	-0.54%
CACI	D	-0.53%
SRE	A	-0.53%
D	C	-0.5%
ACI	C	-0.49%
IP	A	-0.47%
PCG	A	-0.46%
LBRDK	C	-0.46%
CTRA	B	-0.45%
ALB	B	-0.43%
SNX	D	-0.42%
VTRS	A	-0.42%
ADM	D	-0.4%
PPG	F	-0.39%
EQT	B	-0.39%
UAL	A	-0.39%
MRO	B	-0.39%
RS	B	-0.38%
EXC	C	-0.38%
FYBR	C	-0.37%
GAP	C	-0.37%
CIEN	C	-0.36%
ED	C	-0.36%
SOLV	D	-0.35%
FLEX	B	-0.35%
WRB	A	-0.34%
DBX	B	-0.34%
LUV	C	-0.34%
MKL	A	-0.34%
SYF	B	-0.34%
CINF	A	-0.33%
TSN	B	-0.32%
PATH	C	-0.31%
LEVI	F	-0.3%
CFG	B	-0.3%
FTI	A	-0.3%
PFG	D	-0.29%
CRBG	B	-0.29%
BILL	A	-0.29%
PEGA	B	-0.29%
GPC	D	-0.28%
ARE	F	-0.28%
SWK	D	-0.28%
EXEL	B	-0.27%
OVV	B	-0.27%
HSIC	C	-0.27%
L	A	-0.27%
U	C	-0.27%
DDS	B	-0.27%
AMKR	D	-0.26%
TXT	D	-0.26%
BIO	C	-0.26%
EG	C	-0.24%
BLDR	D	-0.24%
PPL	A	-0.24%
FNF	B	-0.24%
VFC	C	-0.23%
NSIT	F	-0.23%
LUMN	C	-0.23%
SATS	D	-0.23%
PFGC	B	-0.22%
RGA	A	-0.22%
USM	B	-0.22%
SNA	A	-0.22%
EQH	C	-0.22%
AIT	B	-0.22%
KD	B	-0.22%
CNH	C	-0.21%
RPM	A	-0.21%
W	D	-0.21%
ROKU	D	-0.21%
RNR	C	-0.21%
M	F	-0.2%
JEF	A	-0.2%
ELAN	D	-0.2%
CLVT	D	-0.2%
CNA	C	-0.2%
ALLY	C	-0.2%
JAZZ	B	-0.2%
COTY	F	-0.19%
RIVN	F	-0.19%
PAG	B	-0.19%
AR	B	-0.19%
RHI	C	-0.18%
UPST	B	-0.18%
BG	D	-0.18%
UNM	A	-0.18%
AA	A	-0.18%
TOL	B	-0.18%
COKE	C	-0.17%
ARW	D	-0.17%
AEO	F	-0.17%
IAC	F	-0.17%
JWN	D	-0.17%
TAP	C	-0.17%
ADTN	A	-0.17%
LKQ	F	-0.17%
FLS	B	-0.17%
SIG	B	-0.16%
AIZ	A	-0.16%
ALIT	C	-0.16%
NOV	C	-0.16%
PVH	C	-0.16%
WHR	B	-0.16%
ZI	D	-0.16%
BEN	C	-0.16%
WFRD	D	-0.15%
X	B	-0.15%
CLF	F	-0.15%
GL	C	-0.15%
DXC	B	-0.15%
URBN	C	-0.15%
ASO	F	-0.15%
FRSH	B	-0.15%
SANM	B	-0.15%
XRAY	F	-0.14%
SLAB	F	-0.14%
ORI	A	-0.14%
AGR	A	-0.14%
FHN	A	-0.14%
CIVI	D	-0.13%
INGR	C	-0.13%
CXT	C	-0.13%
WBD	B	-0.13%
SON	F	-0.13%
MUR	D	-0.12%
ALKS	C	-0.12%
CPRI	F	-0.1%
LCID	F	-0.09%
MGM	D	-0.08%
BYD	B	-0.05%
DLB	B	-0.05%