TCHP vs. NXTI ETF Comparison

Comparison of T. Rowe Price Blue Chip Growth ETF (TCHP) to Simplify Next Intangible Core Index ETF (NXTI)

TCHP

T. Rowe Price Blue Chip Growth ETF

TCHP Description

The investment seeks to provide long-term capital growth; income is a secondary objective. The fund will normally invest at least 80% of its assets in the common stocks of large and medium-sized blue-chip growth companies that are listed in the United States (or futures that have similar economic characteristics). These are firms that, in the investment adviser's view, are well established in their industries and have the potential for above-average earnings growth. It focuses on companies with leading market positions, seasoned management, and strong financial fundamentals.

Grade (RS Rating)

Last Trade

$42.06

Average Daily Volume

111,773

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

$29.87

Average Daily Volume

460

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	TCHP	NXTI
30 Days	4.94%	3.26%
60 Days	8.51%	8.25%
90 Days	9.25%	9.81%
12 Months	42.55%

23 Overlapping Holdings

Symbol	Grade	Weight in TCHP	Weight in NXTI	Overlap
BKNG	A	0.8%	0.89%	0.8%
CL	F	0.42%	0.61%	0.42%
CTAS	B	0.27%	0.55%	0.27%
CVNA	B	1.4%	0.13%	0.13%
DASH	A	0.34%	0.38%	0.34%
DDOG	B	0.16%	0.49%	0.16%
ELV	F	0.37%	0.48%	0.37%
FTNT	B	0.06%	0.75%	0.06%
GEV	B	0.21%	0.56%	0.21%
HUM	D	0.32%	0.18%	0.18%
INTU	A	0.85%	2.1%	0.85%
LRCX	F	0.17%	0.57%	0.17%
MA	B	2.38%	2.95%	2.38%
MDB	C	0.28%	0.25%	0.25%
META	B	4.86%	5.27%	4.86%
MMC	D	0.45%	0.44%	0.44%
NKE	F	0.05%	0.93%	0.05%
NOW	A	2.14%	2.2%	2.14%
SHW	A	0.44%	0.38%	0.38%
SNPS	C	0.91%	0.93%	0.91%
TEAM	B	0.2%	0.51%	0.2%
UNH	B	1.65%	2.22%	1.65%
VLTO	D	0.07%	0.25%	0.07%

TCHP Overweight 50 Positions Relative to NXTI

Symbol	Grade	Weight
MSFT	C	12.82%
NVDA	A	11.86%
AAPL	C	9.47%
AMZN	A	7.96%
GOOG	C	5.9%
LLY	F	3.53%
V	A	2.67%
TSLA	B	1.97%
NFLX	A	1.77%
ISRG	A	1.63%
GOOGL	C	1.25%
CB	C	1.06%
TMUS	A	1.01%
ASML	D	0.96%
CMG	B	0.91%
CEG	D	0.87%
DHR	F	0.84%
TMO	F	0.81%
GE	D	0.75%
MPWR	F	0.64%
SHOP	B	0.61%
ROP	A	0.59%
AMD	F	0.58%
SYK	A	0.54%
ROST	D	0.48%
LIN	D	0.45%
SPGI	C	0.45%
AVGO	C	0.45%
TSM	C	0.43%
TJX	A	0.43%
GS	B	0.42%
MS	A	0.41%
ZTS	D	0.36%
SE	B	0.33%
PG	C	0.32%
ODFL	B	0.31%
DG	F	0.3%
TDG	D	0.3%
SCHW	B	0.29%
FI	A	0.24%
CRWD	B	0.23%
SLB	C	0.23%
AZN	F	0.21%
MDLZ	F	0.21%
TXN	B	0.16%
LULU	B	0.14%
SNOW	C	0.11%
BILL	B	0.11%
MSCI	B	0.11%
CFLT	B	0.06%

TCHP Underweight 174 Positions Relative to NXTI

Symbol	Grade	Weight
WMT	A	-4.94%
BRK.A	B	-4.21%
XOM	B	-3.4%
ADBE	C	-3.13%
CSCO	A	-2.61%
IBM	D	-2.41%
HD	B	-1.62%
PANW	B	-1.39%
KO	F	-1.34%
IDXX	F	-1.28%
ALNY	D	-1.08%
UBER	F	-1.07%
PEP	D	-1.03%
DELL	C	-0.98%
MSI	B	-0.92%
HON	B	-0.9%
SPOT	A	-0.88%
PLTR	B	-0.87%
CDNS	B	-0.86%
WDAY	B	-0.84%
AMAT	F	-0.81%
PM	B	-0.81%
UPS	C	-0.79%
AXP	B	-0.76%
ADSK	B	-0.7%
BX	A	-0.69%
TGT	C	-0.68%
LOW	B	-0.61%
PGR	A	-0.59%
ALGN	D	-0.57%
FICO	B	-0.55%
TT	B	-0.55%
ABNB	C	-0.53%
WMB	B	-0.51%
ITW	B	-0.5%
MMM	C	-0.5%
ORLY	A	-0.49%
CTSH	A	-0.48%
NTRA	B	-0.47%
EA	A	-0.47%
HPQ	B	-0.45%
D	D	-0.44%
FDX	B	-0.44%
INSM	C	-0.42%
SRPT	F	-0.42%
APP	B	-0.41%
INCY	B	-0.4%
PH	A	-0.4%
CI	D	-0.39%
NBIX	C	-0.38%
CDW	F	-0.37%
MPC	D	-0.37%
EBAY	C	-0.37%
KR	A	-0.37%
ECL	C	-0.36%
HUBS	B	-0.34%
NET	B	-0.34%
ED	D	-0.33%
KMB	D	-0.33%
CVS	F	-0.32%
HSIC	F	-0.31%
VST	B	-0.31%
PAYX	B	-0.31%
ZS	B	-0.31%
NTAP	D	-0.31%
PINS	F	-0.3%
CMI	A	-0.3%
TRGP	B	-0.3%
GDDY	B	-0.29%
GWW	B	-0.29%
A	F	-0.29%
IOT	B	-0.28%
STX	D	-0.28%
PEN	C	-0.27%
AJG	A	-0.26%
EL	F	-0.26%
ITCI	B	-0.25%
IT	B	-0.25%
AFL	C	-0.25%
SMMT	D	-0.23%
EXEL	B	-0.23%
IONS	F	-0.23%
BKR	B	-0.23%
ZBRA	B	-0.23%
NWS	B	-0.21%
INSP	F	-0.21%
BPMC	C	-0.21%
BBY	C	-0.21%
MTD	F	-0.21%
VMC	B	-0.21%
MNST	B	-0.21%
TRV	B	-0.21%
AIG	B	-0.2%
NTNX	B	-0.2%
MANH	C	-0.2%
AMP	A	-0.2%
SNAP	C	-0.2%
ALL	B	-0.2%
CYTK	C	-0.2%
BBIO	F	-0.19%
DT	C	-0.19%
DD	D	-0.19%
PSTG	D	-0.19%
GIS	F	-0.18%
KEYS	C	-0.18%
PRU	B	-0.18%
TOST	A	-0.18%
ACGL	C	-0.17%
NRG	C	-0.17%
OTIS	D	-0.17%
SYY	D	-0.17%
RARE	F	-0.16%
FAST	B	-0.16%
XYL	F	-0.16%
DOCU	B	-0.16%
JNPR	D	-0.16%
HSY	F	-0.16%
WSM	F	-0.16%
ROL	C	-0.16%
MDGL	C	-0.16%
ULTA	C	-0.16%
AXSM	B	-0.15%
LYV	A	-0.15%
ALKS	C	-0.15%
BURL	C	-0.15%
CBRE	B	-0.15%
TER	F	-0.15%
WAT	B	-0.15%
CNC	F	-0.15%
GWRE	A	-0.15%
FFIV	B	-0.15%
EXPE	B	-0.14%
BAH	C	-0.14%
CLX	A	-0.14%
ILMN	C	-0.14%
DUOL	A	-0.14%
NI	A	-0.14%
CORT	B	-0.14%
HIG	C	-0.14%
CACI	C	-0.14%
APLS	F	-0.13%
LII	B	-0.13%
GPC	D	-0.13%
MTCH	F	-0.13%
EXPD	C	-0.13%
PPG	F	-0.13%
APTV	F	-0.13%
RDDT	B	-0.13%
DECK	B	-0.13%
APPF	B	-0.12%
DYN	D	-0.12%
WING	D	-0.12%
K	A	-0.12%
DOV	A	-0.12%
TSCO	D	-0.12%
BRO	B	-0.12%
AVY	F	-0.12%
GTLB	B	-0.11%
DKNG	B	-0.11%
PCOR	B	-0.11%
RL	B	-0.11%
FOLD	F	-0.11%
TXT	D	-0.11%
NYT	C	-0.11%
DNLI	C	-0.11%
IOVA	D	-0.1%
RS	C	-0.1%
AMED	F	-0.1%
TGTX	B	-0.1%
ACI	C	-0.1%
TW	B	-0.1%
CHWY	B	-0.09%
DLB	D	-0.04%
LNW	F	-0.04%