SURI vs. MLPX ETF Comparison

Comparison of Simplify Exchange Traded Funds Simplify Propel Opportunities ETF (SURI) to Global X MLP & Energy Infrastructure ETF (MLPX)

SURI

Simplify Exchange Traded Funds Simplify Propel Opportunities ETF

SURI Description

The fund is an actively managed exchange-traded fund. The Sub-Adviser concentrates the fund's investments (i.e., invests more than 25% of its net assets) in the securities of issuers in the biotechnology, pharmaceuticals, healthcare technology, and life science tools and services industries. The Sub-Adviser employs an actively managed opportunistic multi-asset strategy that focuses on common stock, preferred stock, convertible bonds, structured notes, corporate notes and bonds, and ETFs that primarily invest in the preceding security types. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.11

Average Daily Volume

5,451

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MLPX

Global X MLP & Energy Infrastructure ETF

MLPX Description

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive MLP & Energy Infrastructure Index. The fund invests at least 80% of its total assets in the securities of the underlying index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days' prior written notice to shareholders before it can be changed. The underlying index tracks the performance of MLPs and energy infrastructure corporations. It is non-diversified.

Grade (RS Rating)

Last Trade

$62.40

Average Daily Volume

299,760

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SURI	MLPX
30 Days	-6.88%	9.60%
60 Days	-4.91%	15.98%
90 Days	-2.90%	19.65%
12 Months	34.68%	49.83%

1 Overlapping Holdings

	Symbol	Grade	Weight in SURI	Weight in MLPX	Overlap
	PAGP	A	21.27%	2.02%	2.02%

SURI Overweight 14 Positions Relative to MLPX

Symbol	Grade	Weight
APLT	C	24.2%
PHAT	F	8.7%
AKRO	C	6.84%
MDGL	C	5.87%
RNA	C	5.13%
ARDX	F	3.93%
TSAT	D	1.83%
SNDX	F	1.47%
KYMR	C	1.37%
KURA	F	1.3%
ACHV	F	0.99%
ATHA	D	0.62%
CMPS	F	0.56%
VRCA	F	0.27%

SURI Underweight 20 Positions Relative to MLPX

Symbol	Grade	Weight
WMB	A	-9.92%
OKE	A	-9.73%
KMI	A	-7.23%
LNG	A	-6.92%
TRGP	A	-5.31%
DTM	A	-5.1%
MPLX	A	-4.22%
ET	A	-4.11%
EPD	A	-4.08%
PAA	A	-3.79%
WES	C	-3.69%
AM	A	-2.97%
AROC	A	-2.01%
ENLC	A	-1.99%
HESM	A	-1.57%
KNTK	A	-1.2%
CQP	B	-1.09%
NEXT	B	-0.68%
NFE	F	-0.47%
DKL	C	-0.25%

SURI: Top Represented Industries & Keywords

Industries: Biotechnology Communication Equipment Medical Care Facilities Oil & Gas Midstream