ADME vs. NXTI ETF Comparison

Comparison of Aptus Drawdown Managed Equity ETF (ADME) to Simplify Next Intangible Core Index ETF (NXTI)

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$47.47

Average Daily Volume

34,161

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

$30.42

Average Daily Volume

460

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	ADME	NXTI
30 Days	2.15%	5.73%
60 Days	3.21%	7.47%
90 Days	4.52%	10.93%
12 Months	28.04%

17 Overlapping Holdings

Symbol	Grade	Weight in ADME	Weight in NXTI	Overlap
ADBE	C	0.47%	2.94%	0.47%
AMAT	F	1.34%	0.74%	0.74%
BRK.A	B	1.72%	4.18%	1.72%
CTAS	B	0.97%	0.55%	0.55%
HON	B	0.91%	0.91%	0.91%
INTU	C	1.05%	2.08%	1.05%
KO	D	1.13%	1.23%	1.13%
LOW	D	1.2%	0.59%	0.59%
META	D	2.44%	5.28%	2.44%
MMC	B	0.89%	0.43%	0.43%
MSI	B	0.9%	0.91%	0.9%
NOW	A	2.11%	2.29%	2.11%
PGR	A	1.68%	0.56%	0.56%
SHW	A	0.44%	0.36%	0.36%
UNH	C	1.25%	2.16%	1.25%
WMT	A	1.2%	5.09%	1.2%
XOM	B	1.84%	3.43%	1.84%

ADME Overweight 59 Positions Relative to NXTI

Symbol	Grade	Weight
NVDA	C	7.17%
AAPL	C	6.89%
MSFT	F	6.09%
AMZN	C	3.67%
GOOG	C	3.58%
JPM	A	2.0%
AVGO	D	1.93%
TSLA	B	1.89%
SYK	C	1.82%
V	A	1.79%
CAT	B	1.74%
LMT	D	1.61%
NFLX	A	1.33%
LIN	D	1.31%
TMUS	B	1.23%
BLK	C	1.23%
LLY	F	1.19%
MS	A	1.15%
ACN	C	1.13%
MAR	B	1.11%
PG	A	1.11%
FI	A	1.09%
COST	B	1.05%
ISRG	A	1.05%
TMO	F	1.04%
BAC	A	1.02%
JNJ	D	1.02%
CSX	B	1.01%
SO	D	1.0%
MCD	D	0.96%
TJX	A	0.87%
ADI	D	0.86%
AMT	D	0.82%
PHM	D	0.8%
ABT	B	0.8%
FANG	D	0.74%
ICE	C	0.71%
BMY	B	0.71%
DLR	B	0.71%
NEE	D	0.69%
MKC	D	0.68%
ABBV	D	0.65%
DE	A	0.64%
DUK	C	0.64%
ETN	A	0.63%
C	A	0.62%
MO	A	0.6%
TYL	B	0.59%
PSA	D	0.48%
EOG	A	0.48%
AMD	F	0.45%
VRTX	F	0.45%
HCA	F	0.45%
BR	A	0.42%
CMCSA	B	0.38%
AMGN	D	0.36%
FCX	D	0.35%
ADP	B	0.32%
SLB	C	0.25%

ADME Underweight 180 Positions Relative to NXTI

Symbol	Grade	Weight
MA	C	-3.02%
CSCO	B	-2.73%
IBM	C	-2.28%
HD	A	-1.6%
PANW	C	-1.5%
ALNY	D	-1.07%
IDXX	F	-1.04%
UBER	D	-1.04%
DELL	C	-1.03%
PEP	F	-1.02%
PLTR	B	-0.99%
SNPS	B	-0.95%
SPOT	B	-0.93%
PM	B	-0.9%
BKNG	A	-0.88%
CDNS	B	-0.87%
NKE	D	-0.82%
WDAY	B	-0.81%
UPS	C	-0.79%
FTNT	C	-0.77%
AXP	A	-0.77%
BX	A	-0.77%
ADSK	A	-0.72%
TGT	F	-0.67%
GEV	B	-0.66%
TEAM	A	-0.61%
WMB	A	-0.59%
ABNB	C	-0.58%
FICO	B	-0.57%
CL	D	-0.55%
APP	B	-0.54%
DDOG	A	-0.54%
LRCX	F	-0.53%
TT	A	-0.52%
EA	A	-0.5%
ORLY	B	-0.49%
ITW	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%
CI	F	-0.36%
ELV	F	-0.36%
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%
CMI	A	-0.3%
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%
A	D	-0.26%
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%
OTIS	C	-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%
HIG	B	-0.13%
CLX	B	-0.13%
DOV	A	-0.12%
AVY	D	-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%
TSCO	D	-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%