FTHI vs. NXTI ETF Comparison

Comparison of First Trust High Income ETF (FTHI) to Simplify Next Intangible Core Index ETF (NXTI)

FTHI

First Trust High Income ETF

FTHI Description

The investment seeks current income; capital appreciation is a secondary objective. The fund will pursue its objectives by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500(c) Index (the "index"). The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will write will be limited to U.S. exchange-traded securities and options. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.68

Average Daily Volume

244,323

Number of Holdings ^*

165

* 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	FTHI	NXTI
30 Days	2.96%	5.73%
60 Days	3.94%	7.47%
90 Days	5.68%	10.93%
12 Months	18.62%

35 Overlapping Holdings

Symbol	Grade	Weight in FTHI	Weight in NXTI	Overlap
ADBE	C	0.44%	2.94%	0.44%
AJG	B	0.05%	0.25%	0.05%
AMAT	F	0.31%	0.74%	0.31%
BAH	F	0.31%	0.15%	0.15%
BKNG	A	0.36%	0.88%	0.36%
BRK.A	B	1.73%	4.18%	1.73%
BX	A	0.13%	0.77%	0.13%
CL	D	0.05%	0.55%	0.05%
D	C	0.08%	0.46%	0.08%
DECK	A	0.41%	0.14%	0.14%
DELL	C	0.45%	1.03%	0.45%
ELV	F	0.03%	0.36%	0.03%
GEV	B	0.17%	0.66%	0.17%
GIS	D	0.03%	0.16%	0.03%
HD	A	0.88%	1.6%	0.88%
HON	B	0.31%	0.91%	0.31%
IBM	C	0.36%	2.28%	0.36%
INSM	C	0.44%	0.39%	0.39%
INTU	C	0.43%	2.08%	0.43%
ITW	B	0.41%	0.49%	0.41%
KO	D	0.46%	1.23%	0.46%
LOW	D	0.31%	0.59%	0.31%
MA	C	0.88%	3.02%	0.88%
META	D	2.55%	5.28%	2.55%
MMC	B	0.42%	0.43%	0.42%
MSI	B	0.17%	0.91%	0.17%
NOW	A	0.42%	2.29%	0.42%
PAYX	C	0.21%	0.32%	0.21%
PEP	F	0.45%	1.02%	0.45%
PM	B	0.37%	0.9%	0.37%
TGT	F	0.11%	0.67%	0.11%
UNH	C	1.08%	2.16%	1.08%
VST	B	0.97%	0.32%	0.32%
WMT	A	0.69%	5.09%	0.69%
XOM	B	1.0%	3.43%	1.0%

FTHI Overweight 130 Positions Relative to NXTI

Symbol	Grade	Weight
NVDA	C	6.56%
MSFT	F	6.53%
AAPL	C	5.63%
AMZN	C	3.92%
GOOGL	C	2.17%
GOOG	C	1.84%
AVGO	D	1.65%
BXMT	C	1.55%
SLG	B	1.44%
JPM	A	1.41%
TSLA	B	1.36%
LLY	F	1.18%
JXN	C	1.11%
V	A	1.01%
CRNX	C	0.99%
CCEP	C	0.98%
UL	D	0.94%
MO	A	0.9%
LADR	B	0.87%
COST	B	0.83%
PG	A	0.79%
BRBR	A	0.77%
CALM	A	0.76%
NFLX	A	0.72%
CRM	B	0.65%
INGR	B	0.64%
PTVE	B	0.64%
ABBV	D	0.62%
IDA	A	0.59%
BAC	A	0.56%
ALSN	B	0.53%
ORCL	B	0.53%
CCI	D	0.53%
WFC	A	0.49%
MRK	F	0.49%
NVS	D	0.49%
EXP	A	0.48%
SLM	A	0.48%
BMY	B	0.48%
CVLT	B	0.48%
GILD	C	0.47%
DTM	B	0.46%
IDCC	A	0.45%
AMD	F	0.45%
TOL	B	0.45%
SFM	A	0.45%
MDT	D	0.45%
HLI	B	0.44%
EWBC	A	0.43%
UMBF	B	0.43%
MEDP	D	0.42%
ARES	A	0.42%
LIN	D	0.41%
PPC	C	0.41%
CAT	B	0.41%
EHC	B	0.39%
AM	A	0.38%
TMO	F	0.38%
USFD	A	0.38%
CME	A	0.37%
ISRG	A	0.37%
TXN	C	0.36%
LANC	C	0.36%
SLVM	B	0.35%
FNF	B	0.35%
VZ	C	0.35%
KNSL	B	0.35%
GE	D	0.35%
T	A	0.35%
HESM	B	0.34%
FTI	A	0.34%
SPGI	C	0.33%
WSO	A	0.33%
GS	A	0.33%
RTX	C	0.33%
ADP	B	0.33%
SCCO	F	0.33%
TJX	A	0.32%
MGEE	C	0.32%
QCOM	F	0.32%
AMGN	D	0.31%
DUK	C	0.31%
DHR	F	0.31%
VEEV	C	0.31%
KRC	C	0.31%
BKU	A	0.3%
LOPE	B	0.3%
PSA	D	0.3%
TMUS	B	0.3%
SBRA	C	0.3%
MATX	C	0.3%
AMT	D	0.29%
UNP	C	0.29%
GAP	C	0.27%
DHT	F	0.27%
IIPR	D	0.27%
GGG	B	0.27%
CVX	A	0.26%
LMT	D	0.26%
NVO	D	0.25%
ATR	B	0.25%
SBLK	F	0.24%
O	D	0.24%
NEE	D	0.24%
BLK	C	0.24%
COP	C	0.24%
CNA	B	0.23%
PFGC	B	0.22%
AMH	D	0.22%
STNG	F	0.22%
EQIX	A	0.21%
CVBF	A	0.2%
FLO	D	0.2%
SO	D	0.2%
OTTR	C	0.2%
MUSA	A	0.19%
XEL	A	0.19%
NEU	C	0.17%
REYN	D	0.16%
KAR	B	0.15%
WEC	A	0.15%
EXR	D	0.14%
SFNC	B	0.14%
OGN	D	0.13%
NHI	D	0.12%
PFE	D	0.1%
BDX	F	0.07%
SPG	B	0.05%
SYK	C	0.05%
MDLZ	F	0.03%

FTHI Underweight 162 Positions Relative to NXTI

Symbol	Grade	Weight
CSCO	B	-2.73%
PANW	C	-1.5%
ALNY	D	-1.07%
IDXX	F	-1.04%
UBER	D	-1.04%
PLTR	B	-0.99%
SNPS	B	-0.95%
SPOT	B	-0.93%
CDNS	B	-0.87%
NKE	D	-0.82%
WDAY	B	-0.81%
UPS	C	-0.79%
FTNT	C	-0.77%
AXP	A	-0.77%
ADSK	A	-0.72%
TEAM	A	-0.61%
WMB	A	-0.59%
ABNB	C	-0.58%
FICO	B	-0.57%
PGR	A	-0.56%
CTAS	B	-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%
ALGN	D	-0.47%
CTSH	B	-0.47%
MMM	D	-0.47%
INCY	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%
PH	A	-0.39%
NET	B	-0.38%
KR	B	-0.37%
SHW	A	-0.36%
CI	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%
PEN	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%
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%
HUM	C	-0.15%
RARE	D	-0.15%
CORT	B	-0.15%
ILMN	D	-0.15%
HSY	F	-0.15%
ROL	B	-0.15%
CBRE	B	-0.15%
LYV	A	-0.15%
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%