DGRO vs. NXTI ETF Comparison

Comparison of iShares Core Dividend Growth ETF (DGRO) to Simplify Next Intangible Core Index ETF (NXTI)

DGRO

iShares Core Dividend Growth ETF

DGRO Description

The investment seeks to track the investment results of the Morningstar® U.S. Dividend Growth IndexSM. The index is a dividend dollars weighted index that seeks to measure the performance of U.S. companies selected based on a consistent history of growing dividends. The index is a subset of the Morningstar® U.S. Market IndexSM, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$64.26

Average Daily Volume

1,580,894

Number of Holdings ^*

412

* 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	DGRO	NXTI
30 Days	1.89%	5.73%
60 Days	3.05%	7.47%
90 Days	5.27%	10.93%
12 Months	28.56%

68 Overlapping Holdings

Symbol	Grade	Weight in DGRO	Weight in NXTI	Overlap
A	D	0.06%	0.26%	0.06%
AFL	B	0.24%	0.24%	0.24%
AJG	B	0.12%	0.25%	0.12%
ALL	A	0.23%	0.19%	0.19%
AMAT	F	0.27%	0.74%	0.27%
AMP	A	0.17%	0.22%	0.17%
AVY	D	0.06%	0.12%	0.06%
AXP	A	0.41%	0.77%	0.41%
BAH	F	0.06%	0.15%	0.06%
BRO	B	0.03%	0.12%	0.03%
CDW	F	0.06%	0.3%	0.06%
CL	D	0.33%	0.55%	0.33%
CMI	A	0.28%	0.3%	0.28%
CSCO	B	1.72%	2.73%	1.72%
CTAS	B	0.13%	0.55%	0.13%
DLB	B	0.02%	0.04%	0.02%
DOV	A	0.07%	0.12%	0.07%
EBAY	D	0.13%	0.33%	0.13%
ECL	D	0.13%	0.35%	0.13%
ED	D	0.24%	0.32%	0.24%
ELV	F	0.25%	0.36%	0.25%
EXPD	D	0.05%	0.12%	0.05%
FAST	B	0.24%	0.18%	0.18%
GPC	D	0.12%	0.1%	0.1%
GWW	B	0.1%	0.31%	0.1%
HD	A	2.24%	1.6%	1.6%
HIG	B	0.13%	0.13%	0.13%
HON	B	0.72%	0.91%	0.72%
HPQ	B	0.27%	0.45%	0.27%
HSY	F	0.16%	0.15%	0.15%
HUM	C	0.08%	0.15%	0.08%
IBM	C	1.37%	2.28%	1.37%
INTU	C	0.25%	2.08%	0.25%
ITW	B	0.42%	0.49%	0.42%
K	A	0.14%	0.12%	0.12%
KMB	D	0.35%	0.31%	0.31%
KO	D	1.5%	1.23%	1.23%
KR	B	0.22%	0.37%	0.22%
LII	A	0.04%	0.11%	0.04%
LOW	D	0.65%	0.59%	0.59%
LRCX	F	0.22%	0.53%	0.22%
MA	C	0.53%	3.02%	0.53%
MMC	B	0.36%	0.43%	0.36%
MSI	B	0.17%	0.91%	0.17%
NI	A	0.12%	0.14%	0.12%
NKE	D	0.39%	0.82%	0.39%
NTAP	C	0.1%	0.29%	0.1%
NYT	C	0.02%	0.11%	0.02%
OTIS	C	0.15%	0.16%	0.15%
PEP	F	1.53%	1.02%	1.02%
PH	A	0.23%	0.39%	0.23%
PPG	F	0.14%	0.12%	0.12%
RS	B	0.06%	0.09%	0.06%
SHW	A	0.16%	0.36%	0.16%
SYY	B	0.23%	0.16%	0.16%
TGT	F	0.49%	0.67%	0.49%
TRV	B	0.25%	0.22%	0.22%
TSCO	D	0.11%	0.11%	0.11%
TT	A	0.2%	0.52%	0.2%
UNH	C	1.77%	2.16%	1.77%
UPS	C	1.13%	0.79%	0.79%
VMC	B	0.07%	0.23%	0.07%
VST	B	0.11%	0.32%	0.11%
WING	D	0.01%	0.08%	0.01%
WMT	A	0.88%	5.09%	0.88%
WSM	B	0.06%	0.14%	0.06%
XOM	B	3.04%	3.43%	3.04%
XYL	D	0.07%	0.14%	0.07%

DGRO Overweight 344 Positions Relative to NXTI

Symbol	Grade	Weight
JPM	A	3.24%
CVX	A	2.95%
MSFT	F	2.83%
AAPL	C	2.79%
JNJ	D	2.54%
AVGO	D	2.28%
ABBV	D	2.12%
PG	A	2.11%
BAC	A	1.77%
MRK	F	1.49%
MS	A	1.46%
BMY	B	1.29%
CMCSA	B	1.21%
C	A	1.17%
GS	A	1.12%
MCD	D	1.11%
GILD	C	0.96%
AMGN	D	0.94%
COP	C	0.91%
NEE	D	0.88%
ABT	B	0.87%
V	A	0.86%
QCOM	F	0.83%
BLK	C	0.82%
LLY	F	0.81%
MDT	D	0.79%
RTX	C	0.76%
ACN	C	0.74%
CAT	B	0.72%
UNP	C	0.71%
DUK	C	0.71%
SO	D	0.71%
PNC	B	0.68%
ORCL	B	0.68%
LIN	D	0.59%
SBUX	A	0.59%
LMT	D	0.57%
ADP	B	0.56%
EOG	A	0.54%
COST	B	0.47%
PSX	C	0.46%
MDLZ	F	0.45%
APD	A	0.41%
ETN	A	0.41%
AEP	D	0.4%
SRE	A	0.4%
CME	A	0.39%
ADI	D	0.38%
BK	A	0.36%
EMR	A	0.35%
MET	A	0.33%
CB	C	0.32%
GD	F	0.31%
PEG	A	0.3%
XEL	A	0.3%
NSC	B	0.29%
SYK	C	0.28%
MTB	A	0.27%
EIX	B	0.27%
NOC	D	0.26%
WM	A	0.26%
ETR	B	0.26%
WEC	A	0.25%
SPGI	C	0.25%
BDX	F	0.24%
CSX	B	0.23%
ICE	C	0.23%
LHX	C	0.22%
STT	A	0.22%
DFS	B	0.22%
GLW	B	0.22%
NXPI	D	0.22%
ES	D	0.21%
ADM	D	0.2%
ARES	A	0.19%
DTE	C	0.19%
TEL	B	0.19%
FIS	C	0.19%
AEE	A	0.18%
MCHP	D	0.18%
ZTS	D	0.17%
PFG	D	0.17%
PCAR	B	0.17%
YUM	B	0.17%
NTRS	A	0.17%
FERG	B	0.16%
ROK	B	0.15%
KLAC	D	0.15%
AON	A	0.15%
APH	A	0.14%
CMS	C	0.14%
STZ	D	0.14%
NUE	C	0.13%
SYF	B	0.13%
CINF	A	0.13%
DHR	F	0.13%
LNT	A	0.12%
SNA	A	0.12%
FNF	B	0.12%
CAH	B	0.12%
ATO	A	0.12%
GRMN	B	0.12%
MCO	B	0.12%
MSCI	C	0.12%
OMC	C	0.12%
AWK	D	0.12%
CMA	A	0.11%
RJF	A	0.11%
BAX	D	0.11%
DG	F	0.11%
TMO	F	0.11%
SJM	D	0.1%
WSO	A	0.1%
SWK	D	0.1%
HCA	F	0.1%
IPG	D	0.1%
MCK	B	0.1%
RSG	A	0.1%
CTVA	C	0.1%
ROST	C	0.1%
MKC	D	0.09%
AES	F	0.09%
EMN	D	0.09%
WTW	B	0.09%
BR	A	0.09%
EWBC	A	0.09%
NDAQ	A	0.09%
PNW	B	0.09%
EG	C	0.08%
DGX	A	0.08%
STLD	B	0.08%
COR	B	0.08%
UNM	A	0.08%
OVV	B	0.08%
SWKS	F	0.08%
MOS	F	0.07%
RMD	C	0.07%
HUBB	B	0.07%
ORI	A	0.07%
CHD	B	0.07%
JEF	A	0.07%
CFR	B	0.07%
AME	A	0.07%
HRL	D	0.07%
DHI	D	0.07%
CHRW	C	0.07%
ZION	B	0.07%
ROP	B	0.07%
WTRG	B	0.07%
IEX	B	0.06%
DKS	C	0.06%
PB	A	0.06%
LW	C	0.06%
OC	A	0.06%
FMC	D	0.06%
MAS	D	0.06%
RGA	A	0.06%
RHI	B	0.06%
RPM	A	0.06%
EQH	B	0.06%
VOYA	B	0.05%
TXRH	C	0.05%
GBCI	B	0.05%
POR	C	0.05%
CSL	C	0.05%
SSNC	B	0.05%
NXST	C	0.05%
MLM	B	0.05%
OZK	B	0.05%
INGR	B	0.05%
ALB	C	0.05%
AFG	A	0.05%
FAF	A	0.05%
DPZ	C	0.05%
VRSK	A	0.05%
ODFL	B	0.05%
SF	B	0.05%
WTFC	A	0.04%
JBHT	C	0.04%
TPL	A	0.04%
HII	D	0.04%
MSM	C	0.04%
AXS	A	0.04%
TXNM	A	0.04%
NDSN	B	0.04%
JKHY	D	0.04%
PHM	D	0.04%
CBSH	A	0.04%
HRB	D	0.04%
ALLE	D	0.04%
AIZ	A	0.04%
R	B	0.04%
FDS	B	0.04%
BPOP	B	0.04%
NJR	A	0.04%
SR	A	0.04%
HOMB	A	0.04%
FLO	D	0.04%
PNR	A	0.04%
SCI	B	0.04%
WAL	B	0.04%
CE	F	0.04%
GGG	B	0.04%
POOL	C	0.04%
SON	D	0.04%
SSB	B	0.04%
STE	F	0.04%
NFG	A	0.04%
LECO	B	0.04%
IDA	A	0.04%
G	B	0.03%
LCII	C	0.03%
ESNT	D	0.03%
UCB	A	0.03%
FBIN	D	0.03%
CATY	B	0.03%
MKTX	D	0.03%
GNTX	C	0.03%
BWXT	B	0.03%
AVT	C	0.03%
FFIN	B	0.03%
BC	C	0.03%
PII	D	0.03%
ITT	A	0.03%
SEIC	B	0.03%
ATR	B	0.03%
MAN	D	0.03%
OSK	B	0.03%
THG	A	0.03%
KTB	B	0.03%
DCI	B	0.03%
AOS	F	0.03%
NVT	B	0.03%
MTG	C	0.03%
J	F	0.03%
HLI	B	0.03%
OGS	A	0.03%
TTC	D	0.03%
PRI	A	0.03%
MPWR	F	0.03%
PRGO	B	0.03%
EVR	B	0.03%
WLK	D	0.02%
SLGN	A	0.02%
MDU	D	0.02%
LFUS	F	0.02%
ASH	D	0.02%
PWR	A	0.02%
AWR	B	0.02%
NSP	D	0.02%
LANC	C	0.02%
MSA	D	0.02%
AGCO	D	0.02%
HI	C	0.02%
AGO	B	0.02%
CADE	B	0.02%
LPX	B	0.02%
CASY	A	0.02%
MGEE	C	0.02%
RNR	C	0.02%
SFBS	B	0.02%
LAD	A	0.02%
SNX	C	0.02%
OTTR	C	0.02%
AIT	A	0.02%
UMBF	B	0.02%
TKR	D	0.02%
CNO	A	0.02%
CRI	D	0.02%
WD	D	0.02%
PAG	B	0.02%
GATX	A	0.02%
UFPI	B	0.02%
GL	B	0.02%
SIGI	C	0.02%
XRAY	F	0.02%
HLNE	B	0.02%
AL	B	0.02%
FBP	B	0.02%
ERIE	D	0.02%
AVNT	B	0.02%
CBT	C	0.02%
WRB	A	0.02%
RRX	B	0.02%
RGLD	C	0.02%
THO	B	0.02%
AMTM	D	0.01%
KWR	C	0.01%
GOLF	B	0.01%
AIN	C	0.01%
CHE	D	0.01%
BCPC	B	0.01%
CHDN	B	0.01%
BCC	B	0.01%
GPI	A	0.01%
IR	B	0.01%
AAON	B	0.01%
WMS	D	0.01%
BRC	D	0.01%
COLM	B	0.01%
IOSP	B	0.01%
CW	B	0.01%
WHD	B	0.01%
BMI	B	0.01%
FELE	B	0.01%
FUL	F	0.01%
BANF	B	0.01%
POWI	D	0.01%
JJSF	B	0.01%
TEX	D	0.01%
MORN	B	0.01%
SSD	D	0.01%
CGNX	C	0.01%
ECG	C	0.01%
MGRC	B	0.01%
LSTR	D	0.01%
WTS	B	0.01%
TTEK	F	0.01%
RUSHA	C	0.01%
EXPO	D	0.01%
RLI	B	0.01%
FCFS	F	0.01%
WDFC	B	0.01%
FIX	A	0.01%
BOKF	B	0.01%
SHOO	D	0.01%
IPAR	B	0.01%
WST	C	0.01%
OLED	D	0.01%
MATX	C	0.01%
SIRI	C	0.01%
AWI	A	0.01%
ABM	B	0.01%
CWT	D	0.01%
DDS	B	0.0%
RUSHB	B	0.0%
ENSG	D	0.0%
HEI	B	0.0%
KNSL	B	0.0%
NNI	D	0.0%
HEI	B	0.0%
CSWI	A	0.0%
WOR	F	0.0%
KAI	A	0.0%

DGRO Underweight 129 Positions Relative to NXTI

Symbol	Grade	Weight
META	D	-5.28%
BRK.A	B	-4.18%
ADBE	C	-2.94%
NOW	A	-2.29%
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%
PM	B	-0.9%
BKNG	A	-0.88%
CDNS	B	-0.87%
WDAY	B	-0.81%
FTNT	C	-0.77%
BX	A	-0.77%
ADSK	A	-0.72%
GEV	B	-0.66%
TEAM	A	-0.61%
WMB	A	-0.59%
ABNB	C	-0.58%
FICO	B	-0.57%
PGR	A	-0.56%
APP	B	-0.54%
DDOG	A	-0.54%
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%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	D	-0.43%
DASH	A	-0.42%
NBIX	C	-0.4%
INSM	C	-0.39%
NET	B	-0.38%
CI	F	-0.36%
TRGP	B	-0.34%
HUBS	A	-0.34%
MPC	D	-0.33%
ZS	C	-0.33%
PAYX	C	-0.32%
PEN	B	-0.32%
GDDY	A	-0.31%
HSIC	B	-0.3%
ITCI	C	-0.29%
CVS	D	-0.29%
PINS	D	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
STX	D	-0.26%
BKR	B	-0.25%
IT	C	-0.24%
RDDT	B	-0.24%
MDB	C	-0.24%
SNAP	C	-0.23%
VLTO	D	-0.23%
ZBRA	B	-0.23%
NWS	B	-0.22%
MNST	C	-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%
PSTG	D	-0.19%
SMMT	D	-0.19%
TOST	B	-0.19%
BBIO	F	-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%
JNPR	F	-0.16%
GIS	D	-0.16%
RARE	D	-0.15%
CORT	B	-0.15%
ILMN	D	-0.15%
ROL	B	-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%
EXPE	B	-0.14%
BURL	A	-0.14%
AXSM	B	-0.14%
ACGL	D	-0.14%
CNC	D	-0.13%
CLX	B	-0.13%
FOLD	F	-0.12%
TER	D	-0.12%
APLS	D	-0.12%
MTCH	D	-0.12%
TW	A	-0.11%
GTLB	B	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	B	-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%
DNLI	D	-0.1%
APTV	D	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
LNW	D	-0.04%