TDVG vs. NXTI ETF Comparison

Comparison of T. Rowe Price Dividend Growth ETF (TDVG) to Simplify Next Intangible Core Index ETF (NXTI)

TDVG

T. Rowe Price Dividend Growth ETF

TDVG Description

The investment seeks dividend income and long-term capital growth. The fund normally invests at least 80% of the fund's assets in stocks that have a strong track record of paying dividends or are expected to pay dividends over time (even if not currently paying dividends) (or futures that have similar economic characteristics). It primarily invests in exchange-traded securities that trade synchronously with the fund's shares, cash, and cash equivalents. The fund may also invest inADRs and common stocks listed on a foreign exchange that trade on such exchange synchronously with the fund's shares (i.e., during the U.S. listing exchange's trading hours).

Grade (RS Rating)

Last Trade

$41.43

Average Daily Volume

108,557

Number of Holdings ^*

101

* 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	TDVG	NXTI
30 Days	1.72%	5.73%
60 Days	1.64%	7.47%
90 Days	3.05%	10.93%
12 Months	22.96%

28 Overlapping Holdings

Symbol	Grade	Weight in TDVG	Weight in NXTI	Overlap
A	D	0.63%	0.26%	0.26%
AMAT	F	0.99%	0.74%	0.74%
AVY	D	0.81%	0.12%	0.12%
AXP	A	1.26%	0.77%	0.77%
CI	F	0.55%	0.36%	0.36%
CL	D	1.01%	0.55%	0.55%
CMI	A	0.32%	0.3%	0.3%
ELV	F	0.9%	0.36%	0.36%
GEV	B	0.67%	0.66%	0.66%
HD	A	1.37%	1.6%	1.37%
HIG	B	0.77%	0.13%	0.13%
HON	B	1.12%	0.91%	0.91%
ITW	B	0.37%	0.49%	0.37%
KO	D	1.32%	1.23%	1.23%
MMC	B	1.72%	0.43%	0.43%
NKE	D	0.4%	0.82%	0.4%
OTIS	C	0.5%	0.16%	0.16%
PEP	F	0.7%	1.02%	0.7%
PGR	A	1.09%	0.56%	0.56%
PM	B	0.74%	0.9%	0.74%
SHW	A	0.89%	0.36%	0.36%
TGT	F	0.51%	0.67%	0.51%
TSCO	D	0.45%	0.11%	0.11%
TT	A	0.74%	0.52%	0.52%
UNH	C	1.9%	2.16%	1.9%
WMB	A	0.42%	0.59%	0.42%
WMT	A	1.39%	5.09%	1.39%
XOM	B	1.31%	3.43%	1.31%

TDVG Overweight 73 Positions Relative to NXTI

Symbol	Grade	Weight
MSFT	F	6.0%
AAPL	C	4.93%
V	A	2.14%
GE	D	2.07%
JPM	A	2.07%
CB	C	2.06%
LLY	F	1.81%
TMO	F	1.64%
KLAC	D	1.45%
ROP	B	1.4%
ACN	C	1.34%
LIN	D	1.32%
ROST	C	1.31%
HWM	A	1.24%
BAC	A	1.22%
HLT	A	1.2%
AZN	D	1.18%
APH	A	1.14%
MCK	B	1.13%
DHR	F	1.12%
TMUS	B	1.09%
WCN	A	1.06%
SYK	C	1.04%
BR	A	1.04%
BDX	F	1.03%
MCD	D	1.02%
EQR	B	1.02%
ABBV	D	1.01%
KVUE	A	0.99%
ADI	D	0.98%
UNP	C	0.97%
MS	A	0.96%
NOC	D	0.96%
SCHW	B	0.93%
AEE	A	0.87%
AMT	D	0.85%
MDLZ	F	0.85%
SLB	C	0.8%
COP	C	0.73%
CMS	C	0.71%
ODFL	B	0.68%
NEE	D	0.65%
ZTS	D	0.64%
EOG	A	0.62%
TXN	C	0.61%
ATO	A	0.6%
GEHC	F	0.59%
ADP	B	0.58%
SPGI	C	0.58%
CSX	B	0.58%
WFC	A	0.57%
MCHP	D	0.56%
YUM	B	0.56%
EQT	B	0.56%
COST	B	0.55%
GS	A	0.54%
ROK	B	0.5%
QCOM	F	0.49%
JNJ	D	0.48%
SWK	D	0.48%
DE	A	0.47%
EFX	F	0.44%
AON	A	0.38%
REXR	F	0.37%
DG	F	0.3%
RPM	A	0.29%
MAR	B	0.28%
BALL	D	0.28%
STZ	D	0.26%
TTC	D	0.25%
AME	A	0.18%
JBHT	C	0.03%
LVS	C	0.03%

TDVG Underweight 169 Positions Relative to NXTI

Symbol	Grade	Weight
META	D	-5.28%
BRK.A	B	-4.18%
MA	C	-3.02%
ADBE	C	-2.94%
CSCO	B	-2.73%
NOW	A	-2.29%
IBM	C	-2.28%
INTU	C	-2.08%
PANW	C	-1.5%
ALNY	D	-1.07%
IDXX	F	-1.04%
UBER	D	-1.04%
DELL	C	-1.03%
PLTR	B	-0.99%
SNPS	B	-0.95%
SPOT	B	-0.93%
MSI	B	-0.91%
BKNG	A	-0.88%
CDNS	B	-0.87%
WDAY	B	-0.81%
UPS	C	-0.79%
FTNT	C	-0.77%
BX	A	-0.77%
ADSK	A	-0.72%
TEAM	A	-0.61%
LOW	D	-0.59%
ABNB	C	-0.58%
FICO	B	-0.57%
CTAS	B	-0.55%
APP	B	-0.54%
DDOG	A	-0.54%
LRCX	F	-0.53%
EA	A	-0.5%
ORLY	B	-0.49%
ALGN	D	-0.47%
CTSH	B	-0.47%
MMM	D	-0.47%
INCY	C	-0.46%
D	C	-0.46%
HPQ	B	-0.45%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	D	-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%
ECL	D	-0.35%
TRGP	B	-0.34%
HUBS	A	-0.34%
MPC	D	-0.33%
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%
GWW	B	-0.31%
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%
STX	D	-0.26%
BKR	B	-0.25%
AJG	B	-0.25%
IT	C	-0.24%
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%
AMP	A	-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%
ULTA	F	-0.16%
GWRE	A	-0.16%
SYY	B	-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%
DECK	A	-0.14%
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%
ACGL	D	-0.14%
CNC	D	-0.13%
CLX	B	-0.13%
DOV	A	-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%
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%
GPC	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%