SPHD vs. PFIX ETF Comparison

Comparison of PowerShares S&P 500 High Dividend Portfolio (SPHD) to Simplify Interest Rate Hedge ETF (PFIX)

SPHD

PowerShares S&P 500 High Dividend Portfolio

SPHD Description

The PowerShares S&P 500® High Dividend Portfolio (the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (the “Underlying Index”). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Standard & Poor’s® compiles, maintains and calculates the Underlying Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July

Grade (RS Rating)

Last Trade

$50.15

Average Daily Volume

912,380

Number of Holdings ^*

* 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

$42.35

Average Daily Volume

50,199

Number of Holdings ^*

107

* may have additional holdings in another (foreign) market

Performance

Period	SPHD	PFIX
30 Days	1.13%	2.42%
60 Days	5.92%	4.28%
90 Days	14.74%	-12.27%
12 Months	36.78%	-22.73%

22 Overlapping Holdings

Symbol	Grade	Weight in SPHD	Weight in PFIX	Overlap
AMCR	C	2.29%	0.09%	0.09%
CAG	D	2.14%	0.09%	0.09%
CSCO	A	1.49%	1.48%	1.48%
CVX	B	1.51%	2.06%	1.51%
DRI	C	1.65%	0.14%	0.14%
EIX	B	1.93%	0.19%	0.19%
ES	D	2.1%	0.15%	0.15%
ETR	A	1.96%	0.14%	0.14%
EVRG	C	2.11%	0.07%	0.07%
EXC	A	1.89%	0.27%	0.27%
GILD	A	2.01%	0.66%	0.66%
GIS	C	1.69%	0.28%	0.28%
HST	D	1.83%	0.11%	0.11%
JNJ	D	1.36%	2.83%	1.36%
OKE	A	2.09%	0.31%	0.31%
OMC	C	1.41%	0.13%	0.13%
UPS	D	1.98%	0.81%	0.81%
VICI	C	2.54%	0.22%	0.22%
VTRS	D	1.78%	0.11%	0.11%
VZ	B	2.9%	1.26%	1.26%
WEC	A	1.88%	0.18%	0.18%
XOM	A	1.32%	3.19%	1.32%

SPHD Overweight 28 Positions Relative to PFIX

Symbol	Grade	Weight
MO	D	2.84%
CCI	C	2.83%
T	A	2.65%
BMY	B	2.57%
D	A	2.39%
KMI	A	2.36%
O	A	2.34%
PFE	D	2.3%
SPG	A	2.28%
KVUE	C	2.25%
K	A	2.23%
PM	D	2.22%
DOW	B	2.18%
LYB	F	2.15%
KHC	F	2.12%
PNW	B	1.94%
IPG	D	1.88%
FE	C	1.86%
FRT	D	1.84%
IBM	A	1.84%
WMB	A	1.84%
DUK	B	1.75%
PRU	C	1.71%
SJM	D	1.61%
MDT	C	1.57%
ABBV	B	1.56%
EMN	C	1.53%
HRL	F	1.47%

SPHD Underweight 85 Positions Relative to PFIX

Symbol	Grade	Weight
JPM	D	-3.9%
AVGO	C	-3.86%
PG	D	-2.82%
TM	D	-1.97%
BAC	D	-1.73%
NVS	D	-1.56%
CMCSA	C	-1.29%
QCOM	C	-1.27%
TXN	C	-1.13%
COP	D	-1.01%
PLD	D	-0.91%
BLK	A	-0.87%
TD	B	-0.83%
LMT	A	-0.82%
ETN	C	-0.82%
MS	B	-0.81%
ADP	A	-0.79%
C	C	-0.77%
MDLZ	D	-0.76%
CVS	C	-0.76%
MMC	D	-0.75%
SO	A	-0.55%
GD	C	-0.46%
USB	D	-0.45%
HMC	D	-0.45%
PSX	D	-0.45%
STLA	F	-0.43%
PNC	C	-0.43%
NSC	D	-0.42%
PCAR	C	-0.42%
TRV	C	-0.38%
APD	C	-0.37%
VLO	D	-0.36%
AIG	F	-0.34%
SRE	B	-0.33%
NUE	C	-0.32%
MET	B	-0.32%
AEP	C	-0.31%
PAYX	A	-0.3%
BK	C	-0.29%
JCI	C	-0.29%
LHX	A	-0.29%
CMI	A	-0.28%
RSG	C	-0.28%
KR	C	-0.26%
E	B	-0.26%
XEL	B	-0.25%
PEG	A	-0.23%
FANG	C	-0.23%
HSY	F	-0.22%
DFS	C	-0.22%
ADM	F	-0.22%
BCS	D	-0.22%
AVB	C	-0.19%
TROW	D	-0.17%
DTE	A	-0.17%
STT	C	-0.16%
FITB	C	-0.16%
MTB	C	-0.15%
PFG	C	-0.14%
GPC	D	-0.14%
AEE	A	-0.14%
HBAN	D	-0.13%
GRMN	D	-0.13%
HPE	B	-0.13%
CMS	A	-0.12%
RF	C	-0.12%
SWKS	F	-0.12%
SYF	B	-0.12%
NTRS	C	-0.11%
ATO	A	-0.11%
CINF	B	-0.11%
FNF	B	-0.1%
SNA	A	-0.1%
CCEP	D	-0.1%
PKG	B	-0.1%
BBY	C	-0.1%
IP	C	-0.09%
EG	B	-0.09%
NI	A	-0.08%
LNT	A	-0.08%
MOS	F	-0.07%
CHRW	C	-0.06%
CPB	D	-0.06%
FRO	B	-0.02%