IQQQ vs. NXTI ETF Comparison

Comparison of ProShares Nasdaq-100 High Income ETF (IQQQ) to Simplify Next Intangible Core Index ETF (NXTI)

IQQQ

ProShares Nasdaq-100 High Income ETF

IQQQ Description

The index is designed to replicate the performance of an investment strategy that combines a long position in the Nasdaq-100 Index with a short position in Nasdaq-100 Index call options. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index or in instruments with similar economic characteristics. The fund is non-diversified. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.90

Average Daily Volume

51,106

Number of Holdings ^*

101

* 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	IQQQ	NXTI
30 Days	3.29%	5.73%
60 Days	4.67%	7.47%
90 Days	5.98%	10.93%
12 Months

32 Overlapping Holdings

Symbol	Grade	Weight in IQQQ	Weight in NXTI	Overlap
ABNB	C	0.34%	0.58%	0.34%
ADBE	C	1.39%	2.94%	1.39%
ADSK	A	0.4%	0.72%	0.4%
AMAT	F	0.88%	0.74%	0.74%
BKNG	A	0.98%	0.88%	0.88%
BKR	B	0.25%	0.25%	0.25%
CDNS	B	0.49%	0.87%	0.49%
CDW	F	0.15%	0.3%	0.15%
CSCO	B	1.4%	2.73%	1.4%
CTAS	B	0.53%	0.55%	0.53%
CTSH	B	0.24%	0.47%	0.24%
DASH	A	0.4%	0.42%	0.4%
DDOG	A	0.23%	0.54%	0.23%
EA	A	0.25%	0.5%	0.25%
FAST	B	0.28%	0.18%	0.18%
FTNT	C	0.44%	0.77%	0.44%
HON	B	0.89%	0.91%	0.89%
IDXX	F	0.21%	1.04%	0.21%
ILMN	D	0.14%	0.15%	0.14%
INTU	C	1.16%	2.08%	1.16%
LRCX	F	0.56%	0.53%	0.53%
MDB	C	0.13%	0.24%	0.13%
META	D	4.58%	5.28%	4.58%
MNST	C	0.32%	0.22%	0.22%
ORLY	B	0.42%	0.49%	0.42%
PANW	C	0.76%	1.5%	0.76%
PAYX	C	0.31%	0.32%	0.31%
PEP	F	1.33%	1.02%	1.02%
SNPS	B	0.5%	0.95%	0.5%
TEAM	A	0.24%	0.61%	0.24%
WDAY	B	0.35%	0.81%	0.35%
ZS	C	0.19%	0.33%	0.19%

IQQQ Overweight 69 Positions Relative to NXTI

Symbol	Grade	Weight
NVDA	C	8.15%
AAPL	C	7.78%
MSFT	F	7.18%
AMZN	C	5.11%
AVGO	D	4.72%
TSLA	B	3.63%
COST	B	2.43%
GOOGL	C	2.38%
GOOG	C	2.29%
NFLX	A	2.09%
TMUS	B	1.65%
AMD	F	1.32%
LIN	D	1.28%
ISRG	A	1.12%
TXN	C	1.1%
QCOM	F	1.05%
CMCSA	B	1.0%
AMGN	D	0.95%
VRTX	F	0.75%
ADP	B	0.74%
GILD	C	0.68%
SBUX	A	0.66%
MU	D	0.65%
INTC	D	0.63%
ADI	D	0.62%
MELI	D	0.57%
MDLZ	F	0.52%
PYPL	B	0.52%
KLAC	D	0.51%
REGN	F	0.51%
MAR	B	0.47%
CRWD	B	0.47%
MRVL	B	0.46%
PDD	F	0.44%
CSX	B	0.42%
CEG	D	0.41%
ASML	F	0.37%
ROP	B	0.36%
PCAR	B	0.36%
CHTR	C	0.34%
CPRT	A	0.33%
NXPI	D	0.33%
TTD	B	0.33%
FANG	D	0.32%
AEP	D	0.29%
ODFL	B	0.28%
KDP	D	0.27%
ROST	C	0.27%
VRSK	A	0.24%
GEHC	F	0.23%
LULU	C	0.23%
KHC	F	0.23%
AZN	D	0.22%
EXC	C	0.22%
XEL	A	0.22%
MCHP	D	0.21%
CCEP	C	0.21%
TTWO	A	0.19%
ANSS	B	0.18%
CSGP	D	0.18%
DXCM	D	0.17%
ON	D	0.17%
GFS	C	0.14%
WBD	C	0.14%
BIIB	F	0.14%
MRNA	F	0.1%
ARM	D	0.1%
DLTR	F	0.08%
SMCI	F	0.07%

IQQQ Underweight 165 Positions Relative to NXTI

Symbol	Grade	Weight
WMT	A	-5.09%
BRK.A	B	-4.18%
XOM	B	-3.43%
MA	C	-3.02%
NOW	A	-2.29%
IBM	C	-2.28%
UNH	C	-2.16%
HD	A	-1.6%
KO	D	-1.23%
ALNY	D	-1.07%
UBER	D	-1.04%
DELL	C	-1.03%
PLTR	B	-0.99%
SPOT	B	-0.93%
MSI	B	-0.91%
PM	B	-0.9%
NKE	D	-0.82%
UPS	C	-0.79%
AXP	A	-0.77%
BX	A	-0.77%
TGT	F	-0.67%
GEV	B	-0.66%
WMB	A	-0.59%
LOW	D	-0.59%
FICO	B	-0.57%
PGR	A	-0.56%
CL	D	-0.55%
APP	B	-0.54%
TT	A	-0.52%
ITW	B	-0.49%
ALGN	D	-0.47%
MMM	D	-0.47%
INCY	C	-0.46%
D	C	-0.46%
HPQ	B	-0.45%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	D	-0.43%
MMC	B	-0.43%
NBIX	C	-0.4%
INSM	C	-0.39%
PH	A	-0.39%
NET	B	-0.38%
KR	B	-0.37%
SHW	A	-0.36%
CI	F	-0.36%
ELV	F	-0.36%
ECL	D	-0.35%
TRGP	B	-0.34%
HUBS	A	-0.34%
MPC	D	-0.33%
EBAY	D	-0.33%
ED	D	-0.32%
PEN	B	-0.32%
VST	B	-0.32%
GDDY	A	-0.31%
KMB	D	-0.31%
GWW	B	-0.31%
CMI	A	-0.3%
HSIC	B	-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%
AJG	B	-0.25%
IT	C	-0.24%
AFL	B	-0.24%
RDDT	B	-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%
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%
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%
GIS	D	-0.16%
HUM	C	-0.15%
RARE	D	-0.15%
CORT	B	-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%
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%