SPGP vs. NXTI ETF Comparison

Comparison of Invesco S&P 500 GARP ETF (SPGP) to Simplify Next Intangible Core Index ETF (NXTI)

SPGP

Invesco S&P 500 GARP ETF

SPGP Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500 that exhibit quality characteristics and have attractive valuation.

Grade (RS Rating)

Last Trade

$111.19

Average Daily Volume

231,624

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NXTI

Simplify Next Intangible Core Index ETF

NXTI Description

NXTI targets US companies with relatively high intangible capital-to-book assets ratios 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 a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio 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. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$30.42

Average Daily Volume

460

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	SPGP	NXTI
30 Days	6.49%	5.73%
60 Days	7.07%	7.47%
90 Days	7.20%	10.93%
12 Months	21.29%

17 Overlapping Holdings

Symbol	Grade	Weight in SPGP	Weight in NXTI	Overlap
ACGL	D	1.16%	0.14%	0.14%
AMAT	F	0.75%	0.74%	0.74%
AMP	A	1.12%	0.22%	0.22%
BRK.A	B	1.1%	4.18%	1.1%
DECK	A	1.1%	0.14%	0.14%
GPC	D	1.28%	0.1%	0.1%
GWW	B	1.13%	0.31%	0.31%
INCY	C	1.09%	0.46%	0.46%
IT	C	1.31%	0.24%	0.24%
LRCX	F	0.8%	0.53%	0.53%
MA	C	1.16%	3.02%	1.16%
META	D	1.04%	5.28%	1.04%
MPC	D	1.83%	0.33%	0.33%
PANW	C	1.57%	1.5%	1.5%
SYY	B	1.24%	0.16%	0.16%
ULTA	F	1.64%	0.16%	0.16%
XOM	B	1.45%	3.43%	1.45%

SPGP Overweight 57 Positions Relative to NXTI

Symbol	Grade	Weight
UAL	A	3.16%
NVDA	C	2.53%
DAL	C	2.35%
EOG	A	2.32%
STLD	B	2.05%
ANET	C	2.03%
VLO	C	1.97%
TJX	A	1.97%
COP	C	1.94%
PAYC	B	1.93%
MRO	B	1.83%
DFS	B	1.82%
ROST	C	1.69%
OKE	A	1.67%
SYF	B	1.63%
CVX	A	1.62%
JBL	B	1.59%
NUE	C	1.56%
LULU	C	1.52%
BLDR	D	1.52%
FANG	D	1.51%
CF	B	1.48%
PSX	C	1.44%
TPR	B	1.38%
COF	B	1.36%
CTRA	B	1.35%
DE	A	1.34%
PCAR	B	1.33%
CAT	B	1.33%
NXPI	D	1.32%
DHI	D	1.26%
PHM	D	1.18%
L	A	1.13%
APA	D	1.11%
ODFL	B	1.09%
ON	D	1.09%
WRB	A	1.04%
MOH	F	1.03%
KLAC	D	1.03%
GOOG	C	1.03%
CPRT	A	1.0%
EG	C	0.99%
MOS	F	0.98%
LEN	D	0.98%
DVN	F	0.96%
CB	C	0.95%
V	A	0.92%
AAPL	C	0.87%
HPE	B	0.83%
MLM	B	0.83%
HAL	C	0.82%
VRTX	F	0.81%
OXY	D	0.79%
LW	C	0.76%
ADM	D	0.7%
MCHP	D	0.65%
CE	F	0.57%

SPGP Underweight 180 Positions Relative to NXTI

Symbol	Grade	Weight
WMT	A	-5.09%
ADBE	C	-2.94%
CSCO	B	-2.73%
NOW	A	-2.29%
IBM	C	-2.28%
UNH	C	-2.16%
INTU	C	-2.08%
HD	A	-1.6%
KO	D	-1.23%
ALNY	D	-1.07%
IDXX	F	-1.04%
UBER	D	-1.04%
DELL	C	-1.03%
PEP	F	-1.02%
PLTR	B	-0.99%
SNPS	B	-0.95%
SPOT	B	-0.93%
MSI	B	-0.91%
HON	B	-0.91%
PM	B	-0.9%
BKNG	A	-0.88%
CDNS	B	-0.87%
NKE	D	-0.82%
WDAY	B	-0.81%
UPS	C	-0.79%
FTNT	C	-0.77%
AXP	A	-0.77%
BX	A	-0.77%
ADSK	A	-0.72%
TGT	F	-0.67%
GEV	B	-0.66%
TEAM	A	-0.61%
WMB	A	-0.59%
LOW	D	-0.59%
ABNB	C	-0.58%
FICO	B	-0.57%
PGR	A	-0.56%
CL	D	-0.55%
CTAS	B	-0.55%
APP	B	-0.54%
DDOG	A	-0.54%
TT	A	-0.52%
EA	A	-0.5%
ORLY	B	-0.49%
ITW	B	-0.49%
ALGN	D	-0.47%
CTSH	B	-0.47%
MMM	D	-0.47%
D	C	-0.46%
HPQ	B	-0.45%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	D	-0.43%
MMC	B	-0.43%
DASH	A	-0.42%
NBIX	C	-0.4%
INSM	C	-0.39%
PH	A	-0.39%
NET	B	-0.38%
KR	B	-0.37%
SHW	A	-0.36%
CI	F	-0.36%
ELV	F	-0.36%
ECL	D	-0.35%
TRGP	B	-0.34%
HUBS	A	-0.34%
EBAY	D	-0.33%
ZS	C	-0.33%
ED	D	-0.32%
PAYX	C	-0.32%
PEN	B	-0.32%
VST	B	-0.32%
GDDY	A	-0.31%
KMB	D	-0.31%
CMI	A	-0.3%
HSIC	B	-0.3%
CDW	F	-0.3%
ITCI	C	-0.29%
CVS	D	-0.29%
NTAP	C	-0.29%
PINS	D	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
A	D	-0.26%
STX	D	-0.26%
BKR	B	-0.25%
AJG	B	-0.25%
AFL	B	-0.24%
RDDT	B	-0.24%
MDB	C	-0.24%
SNAP	C	-0.23%
VLTO	D	-0.23%
VMC	B	-0.23%
ZBRA	B	-0.23%
NWS	B	-0.22%
MNST	C	-0.22%
TRV	B	-0.22%
IONS	F	-0.22%
NTNX	A	-0.21%
MDGL	B	-0.2%
CYTK	F	-0.2%
BPMC	C	-0.2%
AIG	B	-0.2%
MANH	D	-0.19%
CVNA	B	-0.19%
DT	C	-0.19%
INSP	D	-0.19%
ALL	A	-0.19%
PSTG	D	-0.19%
SMMT	D	-0.19%
TOST	B	-0.19%
BBIO	F	-0.18%
FAST	B	-0.18%
EL	F	-0.18%
PRU	A	-0.18%
DOCU	A	-0.18%
DD	D	-0.18%
MTD	D	-0.18%
BBY	D	-0.18%
FFIV	B	-0.17%
NRG	B	-0.17%
KEYS	A	-0.17%
CACI	D	-0.16%
OTIS	C	-0.16%
GWRE	A	-0.16%
JNPR	F	-0.16%
GIS	D	-0.16%
HUM	C	-0.15%
RARE	D	-0.15%
CORT	B	-0.15%
ILMN	D	-0.15%
HSY	F	-0.15%
ROL	B	-0.15%
BAH	F	-0.15%
CBRE	B	-0.15%
LYV	A	-0.15%
ALKS	B	-0.14%
WAT	B	-0.14%
DUOL	A	-0.14%
WSM	B	-0.14%
EXPE	B	-0.14%
BURL	A	-0.14%
NI	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
CNC	D	-0.13%
HIG	B	-0.13%
CLX	B	-0.13%
DOV	A	-0.12%
AVY	D	-0.12%
EXPD	D	-0.12%
K	A	-0.12%
FOLD	F	-0.12%
TER	D	-0.12%
APLS	D	-0.12%
MTCH	D	-0.12%
PPG	F	-0.12%
BRO	B	-0.12%
TW	A	-0.11%
GTLB	B	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	B	-0.11%
TSCO	D	-0.11%
NYT	C	-0.11%
LII	A	-0.11%
PCOR	B	-0.11%
DKNG	B	-0.1%
APPF	B	-0.1%
AMED	F	-0.1%
ACI	C	-0.1%
TXT	D	-0.1%
DNLI	D	-0.1%
APTV	D	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
RS	B	-0.09%
WING	D	-0.08%
DLB	B	-0.04%
LNW	D	-0.04%