GMOV vs. NXTI ETF Comparison

Comparison of GMO US Value ETF (GMOV) to Simplify Next Intangible Core Index ETF (NXTI)

GMOV

GMO US Value ETF

GMOV Description

GMOV aims for total return by investing in undervalued securities within the US stock market. The fund employs a combination of proprietary quantitative analysis and historical comparisons to evaluate stocks based on key financial indicators, such as asset valuation, cash flow, and future earnings potential. This evaluation process supports informed decisions about position sizes and sector allocations, while also integrating ESG criteria to avoid industries like cluster munitions and thermal coal. GMOV maintains a focus on US companies, ensuring at least 80% of its assets are linked to this market, which allows for potential concentration in specific sectors. To enhance liquidity, the fund can invest in the GMO US Treasury Fund and other money market instruments, enabling adjustments to market conditions.

Grade (RS Rating)

Last Trade

$26.17

Average Daily Volume

33,732

Number of Holdings ^*

146

* 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

$30.57

Average Daily Volume

460

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	GMOV	NXTI
30 Days		7.37%
60 Days		7.78%
90 Days		11.36%
12 Months

26 Overlapping Holdings

Symbol	Grade	Weight in GMOV	Weight in NXTI	Overlap
ACGL	D	0.26%	0.14%	0.14%
ALL	B	0.19%	0.19%	0.19%
APTV	F	0.19%	0.1%	0.1%
AXP	A	0.06%	0.77%	0.06%
BBY	D	0.76%	0.18%	0.18%
CI	D	1.96%	0.36%	0.36%
CMI	A	1.41%	0.3%	0.3%
CNC	F	0.76%	0.13%	0.13%
CSCO	A	2.63%	2.73%	2.63%
CTSH	B	0.9%	0.47%	0.47%
CVS	D	1.14%	0.29%	0.29%
EBAY	C	0.93%	0.33%	0.33%
ELV	F	1.36%	0.36%	0.36%
EXEL	A	0.36%	0.29%	0.29%
GIS	D	0.83%	0.16%	0.16%
HIG	B	0.97%	0.13%	0.13%
HPQ	B	0.97%	0.45%	0.45%
HUM	C	0.68%	0.15%	0.15%
IBM	C	2.25%	2.28%	2.25%
INCY	C	0.43%	0.46%	0.43%
KMB	C	0.14%	0.31%	0.14%
KR	A	0.91%	0.37%	0.37%
META	D	2.43%	5.28%	2.43%
PPG	D	0.28%	0.12%	0.12%
TGT	F	0.58%	0.67%	0.58%
XOM	C	3.13%	3.43%	3.13%

GMOV Overweight 120 Positions Relative to NXTI

Symbol	Grade	Weight
JNJ	D	3.45%
JPM	B	3.07%
BAC	A	3.0%
CVX	B	2.76%
GOOGL	C	2.65%
MRK	F	2.48%
GS	B	2.16%
PFE	D	2.1%
VZ	B	1.95%
CMCSA	C	1.9%
C	A	1.86%
HPE	B	1.32%
BK	A	1.24%
INTC	C	1.2%
EOG	C	1.18%
LYB	F	1.17%
MDT	D	1.13%
COF	B	1.11%
REGN	F	1.02%
SOLV	C	1.0%
MTB	B	0.99%
DFS	B	0.94%
PYPL	A	0.92%
GM	B	0.91%
F	C	0.89%
STT	A	0.89%
PCAR	B	0.89%
QCOM	F	0.86%
SYF	A	0.84%
KHC	D	0.78%
MS	B	0.77%
ADM	F	0.76%
TROW	A	0.74%
SWKS	F	0.68%
ZM	B	0.67%
BWA	C	0.65%
DG	F	0.64%
STLD	B	0.64%
USB	A	0.62%
UNM	A	0.59%
MTG	B	0.59%
BG	F	0.59%
TPR	A	0.58%
ALLY	C	0.57%
NUE	D	0.56%
VTRS	B	0.56%
HRB	D	0.55%
ARW	D	0.54%
RDN	C	0.51%
AVT	C	0.5%
TAP	C	0.5%
SKX	D	0.49%
EG	C	0.47%
LEA	F	0.46%
CROX	F	0.46%
AGCO	D	0.45%
CAG	D	0.45%
WHR	B	0.43%
WU	D	0.42%
PVH	C	0.42%
SIG	B	0.35%
OSK	B	0.34%
AMG	B	0.32%
AN	B	0.32%
ASO	F	0.3%
GPI	B	0.3%
FHI	A	0.3%
PG	A	0.3%
UFPI	B	0.29%
UTHR	C	0.27%
PII	F	0.27%
OVV	C	0.27%
KBH	C	0.27%
INGR	B	0.26%
PHM	C	0.25%
JXN	B	0.25%
BEN	C	0.23%
ALSN	B	0.23%
MLI	C	0.21%
JHG	A	0.21%
IVZ	B	0.21%
LKQ	D	0.2%
SLM	B	0.19%
ALV	C	0.18%
OC	B	0.18%
OMF	A	0.17%
CMC	B	0.16%
JAZZ	B	0.15%
FOXA	C	0.14%
TOL	A	0.12%
MOS	F	0.12%
RF	B	0.12%
MAN	D	0.1%
SNA	A	0.1%
FNF	B	0.09%
GHC	B	0.09%
ATKR	C	0.09%
CRI	F	0.09%
VLO	C	0.08%
SNX	C	0.08%
M	D	0.08%
RHI	C	0.08%
ATGE	B	0.07%
WBA	D	0.07%
CNH	A	0.07%
TSN	B	0.07%
WFC	A	0.07%
LZB	B	0.06%
SEE	C	0.06%
KSS	F	0.06%
MATX	C	0.06%
FHN	B	0.06%
PINC	B	0.06%
BC	C	0.06%
TEX	D	0.05%
CNXC	F	0.05%
NEU	C	0.05%
BCC	B	0.05%
FL	D	0.02%
WGO	C	0.01%

GMOV Underweight 171 Positions Relative to NXTI

Symbol	Grade	Weight
WMT	B	-5.09%
BRK.A	B	-4.18%
MA	B	-3.02%
ADBE	C	-2.94%
NOW	B	-2.29%
UNH	B	-2.16%
INTU	C	-2.08%
HD	A	-1.6%
PANW	C	-1.5%
KO	D	-1.23%
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%
MSI	C	-0.91%
HON	B	-0.91%
PM	B	-0.9%
BKNG	B	-0.88%
CDNS	B	-0.87%
NKE	F	-0.82%
WDAY	C	-0.81%
UPS	C	-0.79%
FTNT	C	-0.77%
BX	B	-0.77%
AMAT	F	-0.74%
ADSK	B	-0.72%
GEV	C	-0.66%
TEAM	B	-0.61%
WMB	B	-0.59%
LOW	C	-0.59%
ABNB	C	-0.58%
FICO	B	-0.57%
PGR	A	-0.56%
CL	D	-0.55%
CTAS	B	-0.55%
APP	B	-0.54%
DDOG	A	-0.54%
LRCX	F	-0.53%
TT	B	-0.52%
EA	C	-0.5%
ORLY	B	-0.49%
ITW	A	-0.49%
ALGN	D	-0.47%
MMM	D	-0.47%
D	C	-0.46%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	F	-0.43%
MMC	A	-0.43%
DASH	A	-0.42%
NBIX	C	-0.4%
INSM	C	-0.39%
PH	A	-0.39%
NET	B	-0.38%
SHW	A	-0.36%
ECL	D	-0.35%
TRGP	B	-0.34%
HUBS	B	-0.34%
MPC	F	-0.33%
ZS	C	-0.33%
ED	D	-0.32%
PAYX	B	-0.32%
PEN	C	-0.32%
VST	B	-0.32%
GDDY	B	-0.31%
GWW	A	-0.31%
HSIC	B	-0.3%
CDW	F	-0.3%
ITCI	C	-0.29%
NTAP	C	-0.29%
PINS	F	-0.29%
IOT	B	-0.28%
A	D	-0.26%
STX	D	-0.26%
BKR	C	-0.25%
AJG	A	-0.25%
IT	C	-0.24%
AFL	B	-0.24%
RDDT	B	-0.24%
MDB	C	-0.24%
SNAP	C	-0.23%
VLTO	C	-0.23%
VMC	B	-0.23%
ZBRA	A	-0.23%
NWS	B	-0.22%
AMP	B	-0.22%
MNST	B	-0.22%
TRV	B	-0.22%
IONS	F	-0.22%
NTNX	B	-0.21%
MDGL	B	-0.2%
CYTK	F	-0.2%
BPMC	C	-0.2%
AIG	B	-0.2%
MANH	C	-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	D	-0.18%
FAST	B	-0.18%
EL	F	-0.18%
PRU	A	-0.18%
DOCU	A	-0.18%
DD	D	-0.18%
MTD	F	-0.18%
FFIV	A	-0.17%
NRG	C	-0.17%
KEYS	B	-0.17%
CACI	D	-0.16%
ULTA	F	-0.16%
OTIS	C	-0.16%
GWRE	B	-0.16%
SYY	C	-0.16%
JNPR	F	-0.16%
RARE	F	-0.15%
CORT	B	-0.15%
ILMN	C	-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	B	-0.14%
WSM	B	-0.14%
EXPE	B	-0.14%
BURL	B	-0.14%
NI	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
CLX	C	-0.13%
DOV	A	-0.12%
AVY	D	-0.12%
EXPD	C	-0.12%
K	A	-0.12%
FOLD	F	-0.12%
TER	F	-0.12%
APLS	D	-0.12%
MTCH	F	-0.12%
BRO	B	-0.12%
TW	B	-0.11%
GTLB	C	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	B	-0.11%
TSCO	C	-0.11%
NYT	C	-0.11%
LII	A	-0.11%
PCOR	B	-0.11%
DKNG	C	-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%
CHWY	C	-0.09%
DYN	F	-0.09%
RS	B	-0.09%
WING	F	-0.08%
DLB	B	-0.04%
LNW	D	-0.04%