IOPP vs. INDY ETF Comparison

Comparison of Simplify Tara India Opportunities ETF (IOPP) to iShares S&P India Nifty 50 Index Fund (INDY)

IOPP

Simplify Tara India Opportunities ETF

IOPP Description

IOPP invests in equity securities of Indian issuers positioned to benefit from its key themes relating to the countrys growing middle class, sectors with increasing economic participation, and the governments focus on defense, green energy, and exports. The fund invests in Indian companies perceived as high quality with potential for long-term growth and capital appreciation. The actively managed fund invests in companies with no restriction to market capitalization. The portfolio managers use a bottom-up selection process that identifies stocks through company-specific research and analysis. The process starts with 800-1,000 stocks that are screened using multiple factors, such as an evaluation of a companys competitive position, management, growth potential, and track record. Companies are further narrowed down using KPIs, model building, and valuations. To maintain the portfolio and ensure diversification, securities are monitored by tracking news and analyzing quarterly results.

Grade (RS Rating)

Last Trade

$25.78

Average Daily Volume

8,272

Number of Holdings ^*

* may have additional holdings in another (foreign) market

INDY

iShares S&P India Nifty 50 Index Fund

INDY Description

The investment seeks to track the investment results of an index composed of 50 of the largest Indian equities. The Subsidiary and the fund will collectively invest at least 80% of the fund's total assets in securities that comprise the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the CNX Nifty IndexTM (the "underlying index"), which measures the equity performance of the top 50 companies by free float market capitalization whose equity securities trade in the Indian securities markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.20

Average Daily Volume

78,740

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IOPP	INDY
30 Days	3.60%	-0.39%
60 Days	1.88%	-1.56%
90 Days		0.82%
12 Months		18.54%

1 Overlapping Holdings

	Symbol	Grade	Weight in IOPP	Weight in INDY	Overlap
	IBN	A	7.82%	8.0%	7.82%

IOPP Overweight 0 Positions Relative to INDY

	Symbol	Grade	Weight

IOPP Underweight 2 Positions Relative to INDY

	Symbol	Grade	Weight
	HDB	C	-11.52%
	WIT	D	-0.65%