UDIV vs. NXTI ETF Comparison

Comparison of Franklin U.S. Core Dividend Tilt Index ETF (UDIV) to Simplify Next Intangible Core Index ETF (NXTI)

UDIV

Franklin U.S. Core Dividend Tilt Index ETF

UDIV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Dividend Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries with high and persistent dividend income that have favorable exposure to a quality investment style factor.

Grade (RS Rating)

Last Trade

$45.98

Average Daily Volume

4,718

Number of Holdings ^*

277

* 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

$29.58

Average Daily Volume

463

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	UDIV	NXTI
30 Days	0.97%	2.04%
60 Days	4.16%	4.90%
90 Days	6.14%	8.14%
12 Months	33.81%

66 Overlapping Holdings

Symbol	Grade	Weight in UDIV	Weight in NXTI	Overlap
ADBE	D	0.35%	2.94%	0.35%
ALL	A	0.1%	0.19%	0.1%
AMAT	F	0.38%	0.74%	0.38%
BBY	D	0.11%	0.18%	0.11%
BKR	B	0.18%	0.25%	0.18%
BX	A	0.76%	0.77%	0.76%
CDNS	B	0.14%	0.87%	0.14%
CLX	A	0.12%	0.13%	0.12%
CMI	A	0.3%	0.3%	0.3%
CSCO	B	0.86%	2.73%	0.86%
CVS	F	0.39%	0.29%	0.29%
D	C	0.27%	0.46%	0.27%
DASH	A	0.11%	0.42%	0.11%
DDOG	A	0.09%	0.54%	0.09%
DELL	B	0.1%	1.03%	0.1%
DT	C	0.02%	0.19%	0.02%
EBAY	D	0.13%	0.33%	0.13%
ED	C	0.19%	0.32%	0.19%
EL	F	0.09%	0.18%	0.09%
FAST	B	0.27%	0.18%	0.18%
FDX	B	0.08%	0.44%	0.08%
GIS	F	0.2%	0.16%	0.16%
GPC	F	0.11%	0.1%	0.1%
HD	A	1.06%	1.6%	1.06%
HON	B	0.18%	0.91%	0.18%
HPQ	B	0.23%	0.45%	0.23%
HUBS	B	0.06%	0.34%	0.06%
IBM	C	0.81%	2.28%	0.81%
INTU	B	0.47%	2.08%	0.47%
ITW	B	0.43%	0.49%	0.43%
JNPR	D	0.07%	0.16%	0.07%
K	B	0.12%	0.12%	0.12%
KMB	C	0.26%	0.31%	0.26%
KO	D	0.74%	1.23%	0.74%
LOW	C	0.27%	0.59%	0.27%
LRCX	F	0.34%	0.53%	0.34%
MA	B	0.23%	3.02%	0.23%
MDB	C	0.05%	0.24%	0.05%
META	C	2.13%	5.28%	2.13%
MMM	D	0.36%	0.47%	0.36%
NET	B	0.06%	0.38%	0.06%
NI	A	0.09%	0.14%	0.09%
NKE	F	0.13%	0.82%	0.13%
NOW	B	0.47%	2.29%	0.47%
NTAP	C	0.14%	0.29%	0.14%
PANW	B	0.27%	1.5%	0.27%
PAYX	B	0.26%	0.32%	0.26%
PEP	F	0.57%	1.02%	0.57%
PLTR	A	0.31%	0.99%	0.31%
PM	A	0.86%	0.9%	0.86%
PRU	B	0.28%	0.18%	0.18%
SNPS	C	0.11%	0.95%	0.11%
STX	D	0.11%	0.26%	0.11%
SYY	D	0.17%	0.16%	0.16%
TER	F	0.02%	0.12%	0.02%
TGT	B	0.28%	0.67%	0.28%
TSCO	D	0.04%	0.11%	0.04%
TT	A	0.02%	0.52%	0.02%
UBER	F	0.28%	1.04%	0.28%
UNH	C	0.87%	2.16%	0.87%
UPS	C	0.57%	0.79%	0.57%
WDAY	C	0.06%	0.81%	0.06%
WMB	A	0.41%	0.59%	0.41%
WMT	A	0.03%	5.09%	0.03%
XOM	B	1.35%	3.43%	1.35%
ZS	B	0.11%	0.33%	0.11%

UDIV Overweight 211 Positions Relative to NXTI

Symbol	Grade	Weight
NVDA	A	6.83%
AAPL	C	6.17%
MSFT	D	6.07%
AMZN	B	3.48%
GOOGL	B	1.92%
GOOG	B	1.73%
AVGO	C	1.72%
TSLA	A	1.48%
JPM	A	1.35%
LLY	F	1.21%
JNJ	D	1.16%
CVX	A	1.12%
ABBV	F	0.97%
MS	A	0.94%
BLK	B	0.87%
TXN	C	0.85%
C	B	0.82%
T	A	0.79%
PG	C	0.78%
VZ	C	0.77%
QCOM	F	0.74%
MRK	F	0.71%
BMY	A	0.69%
PFE	F	0.66%
BAC	A	0.65%
NFLX	A	0.64%
GILD	C	0.63%
AMGN	D	0.62%
MDT	D	0.56%
MO	A	0.56%
SO	C	0.53%
ADI	D	0.52%
CRM	B	0.51%
ORCL	A	0.5%
PNC	B	0.5%
DUK	C	0.49%
ABT	A	0.48%
USB	B	0.47%
CME	A	0.46%
ACN	C	0.45%
GS	B	0.44%
AMD	F	0.43%
PLD	D	0.43%
WFC	A	0.42%
ETN	B	0.41%
INTC	C	0.41%
APO	A	0.4%
OKE	A	0.38%
TFC	A	0.38%
CMCSA	B	0.36%
AMT	D	0.35%
NXPI	F	0.35%
V	A	0.34%
SPG	A	0.33%
BK	B	0.33%
KMI	A	0.32%
DLR	A	0.32%
CRWD	B	0.3%
KLAC	F	0.3%
UNP	D	0.3%
SBUX	A	0.3%
AEP	C	0.29%
PSA	C	0.29%
ANET	C	0.28%
MELI	D	0.28%
O	C	0.28%
F	C	0.27%
COST	A	0.26%
COP	B	0.25%
CCI	C	0.24%
KVUE	A	0.23%
MCD	D	0.23%
JCI	B	0.23%
MSCI	B	0.23%
MTB	A	0.22%
EMR	A	0.22%
EXC	C	0.22%
PSX	C	0.22%
EQIX	A	0.21%
FANG	D	0.21%
GLW	B	0.21%
XEL	A	0.21%
EXR	C	0.2%
MU	D	0.2%
ROK	B	0.2%
MCHP	F	0.2%
VICI	C	0.19%
DOW	F	0.19%
EIX	C	0.19%
FITB	B	0.19%
VRT	A	0.18%
STT	B	0.18%
WEC	A	0.18%
APD	A	0.18%
AVB	B	0.18%
RTX	D	0.18%
GRMN	B	0.18%
ETR	A	0.18%
ARES	A	0.18%
IRM	C	0.17%
HBAN	B	0.16%
PEG	C	0.16%
TROW	B	0.16%
DVN	F	0.16%
KKR	A	0.16%
KHC	F	0.16%
SW	A	0.16%
RF	A	0.15%
LIN	D	0.14%
ISRG	A	0.14%
DFS	B	0.14%
VTR	B	0.14%
CINF	A	0.14%
EQR	C	0.14%
DTE	C	0.14%
PPL	A	0.14%
IFF	D	0.13%
LYB	F	0.13%
ADP	B	0.13%
DIS	B	0.13%
NTRS	A	0.13%
CFG	B	0.13%
COIN	A	0.13%
MPWR	F	0.12%
INVH	D	0.12%
DRI	C	0.12%
CTRA	B	0.12%
CMG	C	0.12%
IP	A	0.12%
WELL	A	0.12%
PFG	C	0.12%
FE	C	0.12%
MRVL	B	0.12%
PKG	B	0.12%
ES	C	0.12%
ESS	A	0.11%
TSN	B	0.11%
CMS	C	0.11%
SNA	B	0.11%
BR	B	0.11%
LUV	B	0.11%
OMC	C	0.11%
NEE	C	0.11%
KEY	B	0.11%
MET	A	0.11%
WSO	A	0.11%
VTRS	A	0.1%
ARE	F	0.1%
KIM	A	0.1%
CAT	C	0.1%
HPE	B	0.1%
MAA	A	0.1%
SUI	C	0.09%
DOC	D	0.09%
AMCR	D	0.09%
LNT	A	0.09%
FNF	A	0.09%
EWBC	A	0.09%
BAX	F	0.09%
UDR	C	0.08%
SWK	F	0.08%
AXON	A	0.08%
VLO	C	0.08%
LVS	B	0.08%
EVRG	A	0.08%
SWKS	F	0.08%
EOG	A	0.07%
SJM	D	0.07%
WPC	C	0.07%
CG	B	0.07%
NSC	B	0.07%
REG	A	0.07%
EMN	D	0.07%
BXP	D	0.07%
CAG	F	0.07%
HST	D	0.07%
CPT	C	0.07%
GEN	B	0.07%
ELS	B	0.07%
AES	F	0.06%
SCCO	F	0.06%
APA	F	0.06%
SLB	C	0.06%
IPG	F	0.06%
SNOW	C	0.06%
CNH	C	0.06%
TTD	B	0.06%
GD	D	0.06%
LKQ	F	0.06%
HUBB	B	0.06%
CPB	D	0.05%
HRL	D	0.05%
APH	B	0.05%
TAP	B	0.05%
BEN	C	0.04%
SQ	A	0.04%
WBA	F	0.04%
RPRX	F	0.04%
ENTG	F	0.04%
CRBG	B	0.04%
AEE	A	0.03%
SMCI	F	0.03%
DG	F	0.03%
AGR	A	0.02%
SYK	A	0.02%
OKTA	D	0.02%
FIS	C	0.02%
CAH	B	0.02%
SIRI	D	0.01%
BSY	D	0.01%
NEM	D	0.01%

UDIV Underweight 131 Positions Relative to NXTI

Symbol	Grade	Weight
BRK.A	B	-4.18%
ALNY	D	-1.07%
IDXX	F	-1.04%
SPOT	B	-0.93%
MSI	B	-0.91%
BKNG	A	-0.88%
FTNT	B	-0.77%
AXP	B	-0.77%
ADSK	B	-0.72%
GEV	A	-0.66%
TEAM	A	-0.61%
ABNB	D	-0.58%
FICO	B	-0.57%
PGR	B	-0.56%
CL	D	-0.55%
CTAS	B	-0.55%
APP	A	-0.54%
EA	A	-0.5%
ORLY	B	-0.49%
ALGN	D	-0.47%
CTSH	C	-0.47%
INCY	C	-0.46%
NTRA	A	-0.45%
SRPT	F	-0.43%
MMC	D	-0.43%
NBIX	C	-0.4%
INSM	C	-0.39%
PH	B	-0.39%
KR	B	-0.37%
SHW	C	-0.36%
CI	D	-0.36%
ELV	F	-0.36%
ECL	D	-0.35%
TRGP	A	-0.34%
MPC	D	-0.33%
PEN	B	-0.32%
VST	A	-0.32%
GDDY	A	-0.31%
GWW	B	-0.31%
HSIC	C	-0.3%
CDW	F	-0.3%
ITCI	B	-0.29%
PINS	F	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
A	F	-0.26%
AJG	B	-0.25%
IT	C	-0.24%
AFL	C	-0.24%
RDDT	A	-0.24%
SNAP	D	-0.23%
VLTO	C	-0.23%
VMC	B	-0.23%
ZBRA	B	-0.23%
NWS	A	-0.22%
AMP	A	-0.22%
MNST	C	-0.22%
TRV	A	-0.22%
IONS	F	-0.22%
NTNX	B	-0.21%
MDGL	C	-0.2%
CYTK	D	-0.2%
BPMC	C	-0.2%
AIG	C	-0.2%
MANH	D	-0.19%
CVNA	A	-0.19%
INSP	F	-0.19%
PSTG	F	-0.19%
SMMT	D	-0.19%
TOST	A	-0.19%
BBIO	F	-0.18%
DOCU	B	-0.18%
DD	D	-0.18%
MTD	F	-0.18%
FFIV	B	-0.17%
NRG	B	-0.17%
KEYS	C	-0.17%
CACI	C	-0.16%
ULTA	F	-0.16%
OTIS	C	-0.16%
GWRE	A	-0.16%
HUM	D	-0.15%
RARE	F	-0.15%
CORT	C	-0.15%
ILMN	C	-0.15%
HSY	F	-0.15%
ROL	B	-0.15%
BAH	D	-0.15%
CBRE	B	-0.15%
LYV	A	-0.15%
DECK	A	-0.14%
ALKS	C	-0.14%
WAT	C	-0.14%
DUOL	A	-0.14%
WSM	D	-0.14%
EXPE	B	-0.14%
BURL	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
ACGL	D	-0.14%
CNC	F	-0.13%
HIG	B	-0.13%
DOV	B	-0.12%
AVY	D	-0.12%
EXPD	D	-0.12%
FOLD	F	-0.12%
APLS	F	-0.12%
MTCH	F	-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	C	-0.11%
NYT	D	-0.11%
LII	A	-0.11%
PCOR	C	-0.11%
DKNG	B	-0.1%
APPF	C	-0.1%
AMED	F	-0.1%
ACI	C	-0.1%
TXT	D	-0.1%
DNLI	C	-0.1%
APTV	F	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
RS	B	-0.09%
WING	D	-0.08%
DLB	F	-0.04%
LNW	F	-0.04%