ITAN vs. PFIX ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Simplify Interest Rate Hedge ETF (PFIX)

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.05

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

PFIX

Simplify Interest Rate Hedge ETF

PFIX Description

The investment seeks to track the performance, before fees and expenses, of the SoFi Sustainable Dividend Index. The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. The adviser attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund will invest at least 80% its net assets in dividend paying securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.22

Average Daily Volume

80,893

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	PFIX
30 Days	5.34%	1.63%
60 Days	7.33%	26.27%
90 Days	9.71%	22.86%
12 Months	31.35%	7.42%

17 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in PFIX	Overlap
BBY	D	0.46%	0.1%	0.1%
CMCSA	B	1.06%	1.29%	1.06%
CMI	A	0.84%	0.28%	0.28%
CSCO	B	1.78%	1.48%	1.48%
CVS	D	0.9%	0.76%	0.76%
GD	F	0.7%	0.46%	0.46%
GILD	C	0.92%	0.66%	0.66%
HPE	B	0.63%	0.13%	0.13%
IP	B	0.34%	0.09%	0.09%
JCI	C	0.69%	0.29%	0.29%
KR	B	0.51%	0.26%	0.26%
LHX	C	0.74%	0.29%	0.29%
LMT	D	0.39%	0.82%	0.39%
QCOM	F	1.55%	1.27%	1.27%
SWKS	F	0.32%	0.12%	0.12%
VTRS	A	0.49%	0.11%	0.11%
VZ	C	1.3%	1.26%	1.26%

ITAN Overweight 134 Positions Relative to PFIX

Symbol	Grade	Weight
AMZN	C	4.86%
META	D	2.87%
ORCL	B	2.31%
CRM	B	2.14%
GOOGL	C	2.09%
GOOG	C	2.09%
IBM	C	1.69%
ACN	C	1.6%
T	A	1.55%
WFC	A	1.51%
TMUS	B	1.42%
PFE	D	1.28%
INTC	D	1.26%
RTX	C	1.23%
HON	B	1.21%
MDT	D	1.18%
DELL	C	1.11%
DIS	B	1.1%
PYPL	B	1.1%
COF	B	1.09%
TGT	F	1.03%
BMY	B	1.03%
GM	B	1.0%
BA	F	0.96%
NOC	D	0.91%
MMM	D	0.89%
PANW	C	0.89%
SQ	B	0.87%
FDX	B	0.85%
F	C	0.82%
CTSH	B	0.8%
HPQ	B	0.72%
CHTR	C	0.72%
ALL	A	0.72%
DASH	A	0.71%
BDX	F	0.7%
WDAY	B	0.7%
UAL	A	0.7%
EBAY	D	0.66%
NXPI	D	0.66%
ADSK	A	0.64%
DAL	C	0.6%
NTAP	C	0.6%
GLW	B	0.59%
EXPE	B	0.58%
CVNA	B	0.56%
LDOS	C	0.55%
CNC	D	0.54%
ZM	B	0.54%
ILMN	D	0.54%
WBD	C	0.53%
DOCU	A	0.53%
EA	A	0.53%
CAH	B	0.53%
PRU	A	0.53%
WDC	D	0.53%
HUM	C	0.53%
SNAP	C	0.51%
ZS	C	0.51%
TWLO	A	0.49%
NTNX	A	0.49%
BAH	F	0.47%
FFIV	B	0.46%
IQV	D	0.46%
ZBRA	B	0.46%
J	F	0.45%
ROK	B	0.45%
LH	C	0.45%
OKTA	C	0.44%
BAX	D	0.44%
DD	D	0.44%
DGX	A	0.43%
TRMB	B	0.43%
BIIB	F	0.42%
JNPR	F	0.42%
ACM	A	0.42%
CIEN	B	0.41%
CACI	D	0.41%
PSTG	D	0.39%
ROKU	D	0.39%
AAL	B	0.38%
LUMN	C	0.37%
JLL	D	0.37%
LYFT	C	0.37%
DBX	B	0.37%
JBL	B	0.37%
DVA	B	0.36%
EMN	D	0.34%
TRU	D	0.34%
TPR	B	0.34%
NWSA	B	0.33%
JAZZ	B	0.32%
AKAM	D	0.32%
ALLY	C	0.32%
TAP	C	0.31%
ELAN	D	0.3%
ACI	C	0.3%
TXT	D	0.3%
SWK	D	0.29%
ETSY	D	0.29%
WBA	F	0.29%
ANF	C	0.28%
G	B	0.28%
PARA	C	0.28%
RIVN	F	0.27%
BIO	D	0.27%
WHR	B	0.27%
HAS	D	0.26%
MASI	A	0.26%
BOX	B	0.26%
EXAS	D	0.26%
FAF	A	0.25%
W	F	0.25%
U	C	0.25%
PATH	C	0.24%
DOX	D	0.24%
ALK	C	0.24%
GAP	C	0.24%
IVZ	B	0.24%
MAT	D	0.24%
UAA	C	0.24%
ARW	D	0.23%
FLS	B	0.23%
MTCH	D	0.23%
BWA	D	0.22%
NOV	C	0.22%
RHI	B	0.22%
HRB	D	0.21%
QRVO	F	0.2%
AGCO	D	0.19%
HOG	D	0.19%
M	D	0.16%
RUN	F	0.14%
XRAY	F	0.13%

ITAN Underweight 91 Positions Relative to PFIX

Symbol	Grade	Weight
JPM	A	-3.9%
AVGO	D	-3.86%
XOM	B	-3.19%
JNJ	D	-2.83%
PG	A	-2.82%
CVX	A	-2.06%
TM	D	-1.97%
BAC	A	-1.73%
NVS	D	-1.56%
HSBH	B	-1.23%
TXN	C	-1.13%
COP	C	-1.01%
PLD	D	-0.91%
BLK	C	-0.87%
TD	F	-0.83%
ETN	A	-0.82%
MS	A	-0.81%
UPS	C	-0.81%
ADP	B	-0.79%
C	A	-0.77%
MDLZ	F	-0.76%
MMC	B	-0.75%
SO	D	-0.55%
USB	A	-0.45%
HMC	F	-0.45%
PSX	C	-0.45%
STLA	F	-0.43%
PNC	B	-0.43%
NSC	B	-0.42%
PCAR	B	-0.42%
TRV	B	-0.38%
APD	A	-0.37%
VLO	C	-0.36%
AIG	B	-0.34%
SRE	A	-0.33%
NUE	C	-0.32%
MET	A	-0.32%
OKE	A	-0.31%
AEP	D	-0.31%
PAYX	C	-0.3%
BK	A	-0.29%
RSG	A	-0.28%
GIS	D	-0.28%
EXC	C	-0.27%
E	F	-0.26%
XEL	A	-0.25%
PEG	A	-0.23%
FANG	D	-0.23%
HSY	F	-0.22%
DFS	B	-0.22%
ADM	D	-0.22%
VICI	C	-0.22%
BCS	C	-0.22%
AVB	B	-0.19%
EIX	B	-0.19%
WEC	A	-0.18%
TROW	B	-0.17%
DTE	C	-0.17%
STT	A	-0.16%
FITB	A	-0.16%
ES	D	-0.15%
MTB	A	-0.15%
PFG	D	-0.14%
GPC	D	-0.14%
DRI	B	-0.14%
AEE	A	-0.14%
ETR	B	-0.14%
HBAN	A	-0.13%
GRMN	B	-0.13%
OMC	C	-0.13%
CMS	C	-0.12%
RF	A	-0.12%
SYF	B	-0.12%
HST	C	-0.11%
NTRS	A	-0.11%
ATO	A	-0.11%
CINF	A	-0.11%
FNF	B	-0.1%
SNA	A	-0.1%
CCEP	C	-0.1%
PKG	A	-0.1%
AMCR	D	-0.09%
EG	C	-0.09%
CAG	D	-0.09%
NI	A	-0.08%
LNT	A	-0.08%
MOS	F	-0.07%
EVRG	A	-0.07%
CHRW	C	-0.06%
CPB	D	-0.06%
FRO	F	-0.02%