FUNL vs. NXTI ETF Comparison

Comparison of CornerCap Fundametrics Large-Cap ETF FUNL (FUNL) to Simplify Next Intangible Core Index ETF (NXTI)

FUNL

CornerCap Fundametrics Large-Cap ETF FUNL

FUNL Description

The investment seeks long-term capital appreciation. The fund is an actively managed exchange traded fund (ETF) that invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative research system Fundametrics® developed by CornerCap Investment Counsel, Inc. (the Adviser). Under normal circumstances, it invests at least 80% of its net assets (plus borrowings for investment purposes) in the securities of large-capitalization companies.

Grade (RS Rating)

Last Trade

$44.48

Average Daily Volume

3,803

Number of Holdings ^*

159

* 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	FUNL	NXTI
30 Days	4.58%	5.73%
60 Days	6.44%	7.47%
90 Days	8.92%	10.93%
12 Months	27.56%

54 Overlapping Holdings

Symbol	Grade	Weight in FUNL	Weight in NXTI	Overlap
ADBE	C	0.31%	2.94%	0.31%
AIG	B	0.32%	0.2%	0.2%
AMAT	F	0.49%	0.74%	0.49%
APP	B	0.49%	0.54%	0.49%
APTV	D	0.41%	0.1%	0.1%
AVY	D	0.66%	0.12%	0.12%
BBY	D	0.35%	0.18%	0.18%
BKNG	A	1.03%	0.88%	0.88%
BKR	B	0.45%	0.25%	0.25%
CI	F	0.66%	0.36%	0.36%
CMI	A	0.42%	0.3%	0.3%
CNC	D	0.53%	0.13%	0.13%
CSCO	B	1.46%	2.73%	1.46%
CTSH	B	0.37%	0.47%	0.37%
D	C	0.41%	0.46%	0.41%
DASH	A	1.03%	0.42%	0.42%
DD	D	0.36%	0.18%	0.18%
DDOG	A	0.36%	0.54%	0.36%
DELL	C	0.4%	1.03%	0.4%
DOV	A	0.87%	0.12%	0.12%
EA	A	0.84%	0.5%	0.5%
EBAY	D	0.87%	0.33%	0.33%
EL	F	0.26%	0.18%	0.18%
EXPE	B	0.94%	0.14%	0.14%
FDX	B	0.74%	0.44%	0.44%
GIS	D	0.79%	0.16%	0.16%
HD	A	0.37%	1.6%	0.37%
HIG	B	0.88%	0.13%	0.13%
HON	B	0.39%	0.91%	0.39%
KMB	D	0.66%	0.31%	0.31%
KR	B	0.39%	0.37%	0.37%
LRCX	F	0.59%	0.53%	0.53%
MA	C	0.78%	3.02%	0.78%
META	D	1.69%	5.28%	1.69%
MMM	D	0.79%	0.47%	0.47%
MPC	D	0.3%	0.33%	0.3%
NBIX	C	0.31%	0.4%	0.31%
NI	A	0.38%	0.14%	0.14%
NOW	A	0.41%	2.29%	0.41%
NRG	B	0.41%	0.17%	0.17%
NTAP	C	0.77%	0.29%	0.29%
PINS	D	0.26%	0.29%	0.26%
PM	B	0.75%	0.9%	0.75%
PPG	F	0.61%	0.12%	0.12%
SYY	B	0.32%	0.16%	0.16%
TEAM	A	0.99%	0.61%	0.61%
TER	D	0.29%	0.12%	0.12%
TGT	F	0.6%	0.67%	0.6%
TRV	B	0.88%	0.22%	0.22%
TXT	D	0.72%	0.1%	0.1%
ULTA	F	0.6%	0.16%	0.16%
UPS	C	0.69%	0.79%	0.69%
VST	B	1.17%	0.32%	0.32%
WDAY	B	0.35%	0.81%	0.35%

FUNL Overweight 105 Positions Relative to NXTI

Symbol	Grade	Weight
JNJ	D	1.91%
WFC	A	1.84%
DIS	B	1.33%
JPM	A	1.28%
MRK	F	1.2%
BMY	B	1.14%
CMCSA	B	1.14%
C	A	1.06%
TMUS	B	0.98%
RF	A	0.96%
DAL	C	0.95%
GILD	C	0.93%
SCHW	B	0.93%
TFC	A	0.91%
NTRS	A	0.88%
FNF	B	0.86%
LDOS	C	0.86%
VZ	C	0.84%
PCG	A	0.82%
USB	A	0.81%
MRO	B	0.81%
CAT	B	0.81%
TROW	B	0.81%
LMT	D	0.81%
GOOGL	C	0.81%
UHS	D	0.81%
HCA	F	0.79%
MO	A	0.79%
SPGI	C	0.78%
RTX	C	0.78%
MET	A	0.78%
CTRA	B	0.77%
EOG	A	0.76%
V	A	0.76%
FTV	C	0.76%
PFE	D	0.76%
MAS	D	0.74%
CRM	B	0.74%
WTW	B	0.74%
CSX	B	0.73%
ZM	B	0.73%
MSCI	C	0.71%
COP	C	0.71%
MSFT	F	0.71%
CVX	A	0.68%
PFG	D	0.68%
NEM	D	0.65%
BIIB	F	0.64%
BAX	D	0.64%
SLB	C	0.63%
QCOM	F	0.63%
HOLX	D	0.63%
DVN	F	0.6%
SQ	B	0.59%
AMD	F	0.59%
TPG	A	0.55%
KHC	F	0.55%
LYB	F	0.53%
VRSN	F	0.53%
APO	B	0.51%
MU	D	0.5%
ETR	B	0.46%
SNA	A	0.45%
PNR	A	0.44%
TJX	A	0.43%
WAB	B	0.43%
NEE	D	0.42%
T	A	0.42%
SSNC	B	0.4%
DFS	B	0.4%
LAMR	D	0.39%
TSN	B	0.39%
MCO	B	0.39%
OC	A	0.38%
FR	C	0.38%
CTVA	C	0.38%
ELS	C	0.37%
BR	A	0.37%
CEG	D	0.37%
VEEV	C	0.36%
EIX	B	0.36%
OXY	D	0.35%
CUBE	D	0.35%
MAA	B	0.35%
NNN	D	0.35%
CRBG	B	0.35%
O	D	0.34%
WMG	C	0.34%
HST	C	0.33%
TEVA	D	0.33%
AMCR	D	0.33%
GLPI	C	0.33%
MDT	D	0.31%
CAG	D	0.3%
NXPI	D	0.3%
SBAC	D	0.28%
AKAM	D	0.26%
KIM	A	0.19%
EQR	B	0.18%
VICI	C	0.18%
ADC	B	0.17%
WPC	D	0.17%
AMH	D	0.16%
STAG	F	0.15%
SOLV	C	0.1%

FUNL Underweight 143 Positions Relative to NXTI

Symbol	Grade	Weight
WMT	A	-5.09%
BRK.A	B	-4.18%
XOM	B	-3.43%
IBM	C	-2.28%
UNH	C	-2.16%
INTU	C	-2.08%
PANW	C	-1.5%
KO	D	-1.23%
ALNY	D	-1.07%
IDXX	F	-1.04%
UBER	D	-1.04%
PEP	F	-1.02%
PLTR	B	-0.99%
SNPS	B	-0.95%
SPOT	B	-0.93%
MSI	B	-0.91%
CDNS	B	-0.87%
NKE	D	-0.82%
FTNT	C	-0.77%
AXP	A	-0.77%
BX	A	-0.77%
ADSK	A	-0.72%
GEV	B	-0.66%
WMB	A	-0.59%
LOW	D	-0.59%
ABNB	C	-0.58%
FICO	B	-0.57%
PGR	A	-0.56%
CL	D	-0.55%
CTAS	B	-0.55%
TT	A	-0.52%
ORLY	B	-0.49%
ITW	B	-0.49%
ALGN	D	-0.47%
INCY	C	-0.46%
HPQ	B	-0.45%
NTRA	B	-0.45%
SRPT	D	-0.43%
MMC	B	-0.43%
INSM	C	-0.39%
PH	A	-0.39%
NET	B	-0.38%
SHW	A	-0.36%
ELV	F	-0.36%
ECL	D	-0.35%
TRGP	B	-0.34%
HUBS	A	-0.34%
ZS	C	-0.33%
ED	D	-0.32%
PAYX	C	-0.32%
PEN	B	-0.32%
GDDY	A	-0.31%
GWW	B	-0.31%
HSIC	B	-0.3%
CDW	F	-0.3%
ITCI	C	-0.29%
CVS	D	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
A	D	-0.26%
STX	D	-0.26%
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%
IONS	F	-0.22%
NTNX	A	-0.21%
MDGL	B	-0.2%
CYTK	F	-0.2%
BPMC	C	-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%
PRU	A	-0.18%
DOCU	A	-0.18%
MTD	D	-0.18%
FFIV	B	-0.17%
KEYS	A	-0.17%
CACI	D	-0.16%
OTIS	C	-0.16%
GWRE	A	-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%
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%
BURL	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
ACGL	D	-0.14%
CLX	B	-0.13%
EXPD	D	-0.12%
K	A	-0.12%
FOLD	F	-0.12%
APLS	D	-0.12%
MTCH	D	-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%
GPC	D	-0.1%
DNLI	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%