IVOO vs. NXTV ETF Comparison

Comparison of Vanguard S&P Mid-Cap 400 ETF (IVOO) to Simplify Next Intangible Value Index ETF (NXTV)

IVOO

Vanguard S&P Mid-Cap 400 ETF

IVOO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Index. The index measures the performance of mid-capitalization stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$111.38

Average Daily Volume

61,081

Number of Holdings ^*

393

* may have additional holdings in another (foreign) market

NXTV

Simplify Next Intangible Value Index ETF

NXTV Description

NXTV targets US companies with low equity valuations relative to their intangible-adjusted book values 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 an intangible-adjusted book value for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the lowest equity valuations relative to their intangible adjusted book values 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. Holdings are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$28.45

Average Daily Volume

731

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

Performance

Period	IVOO	NXTV
30 Days	4.84%	3.77%
60 Days	6.14%	4.81%
90 Days	6.56%	8.56%
12 Months	30.90%

59 Overlapping Holdings

Symbol	Grade	Weight in IVOO	Weight in NXTV	Overlap
AA	A	0.34%	0.17%	0.17%
AIT	B	0.29%	0.21%	0.21%
ALLY	C	0.33%	0.2%	0.2%
AMKR	D	0.12%	0.31%	0.12%
AR	B	0.28%	0.21%	0.21%
ARW	D	0.24%	0.18%	0.18%
BIO	C	0.22%	0.24%	0.22%
BYD	B	0.15%	0.04%	0.04%
CACI	D	0.38%	0.47%	0.38%
CIEN	C	0.3%	0.34%	0.3%
CIVI	D	0.16%	0.13%	0.13%
CLF	F	0.2%	0.14%	0.14%
CNH	C	0.33%	0.2%	0.2%
COKE	C	0.26%	0.19%	0.19%
COTY	F	0.12%	0.23%	0.12%
CPRI	F	0.17%	0.21%	0.17%
CXT	C	0.09%	0.13%	0.09%
DBX	B	0.2%	0.33%	0.2%
DINO	D	0.25%	0.21%	0.21%
DLB	B	0.16%	0.05%	0.05%
EQH	C	0.46%	0.2%	0.2%
EXEL	B	0.25%	0.2%	0.2%
FHN	A	0.28%	0.13%	0.13%
FLS	B	0.23%	0.17%	0.17%
FNF	B	0.55%	0.25%	0.25%
FYBR	C	0.27%	0.36%	0.27%
GAP	C	0.17%	0.39%	0.17%
ILMN	C	0.71%	0.52%	0.52%
INGR	C	0.3%	0.13%	0.13%
JAZZ	B	0.23%	0.2%	0.2%
JEF	A	0.34%	0.19%	0.19%
JLL	D	0.44%	0.2%	0.2%
JWN	D	0.07%	0.17%	0.07%
KD	B	0.18%	0.22%	0.18%
LAD	A	0.29%	0.14%	0.14%
M	F	0.15%	0.2%	0.15%
MUR	D	0.16%	0.13%	0.13%
NOV	C	0.21%	0.16%	0.16%
ORI	A	0.29%	0.14%	0.14%
OVV	B	0.34%	0.26%	0.26%
PAG	B	0.1%	0.2%	0.1%
PFGC	B	0.41%	0.2%	0.2%
PVH	C	0.19%	0.16%	0.16%
RGA	A	0.49%	0.22%	0.22%
RNR	C	0.48%	0.22%	0.22%
RPM	A	0.53%	0.19%	0.19%
RS	B	0.54%	0.38%	0.38%
SLAB	F	0.13%	0.15%	0.13%
SNX	D	0.31%	0.43%	0.31%
SON	F	0.18%	0.13%	0.13%
SWN	C	0.27%	0.18%	0.18%
TOL	B	0.54%	0.19%	0.19%
UNM	A	0.35%	0.16%	0.16%
WCC	B	0.26%	0.19%	0.19%
WFRD	D	0.21%	0.15%	0.15%
WHR	B	0.2%	0.16%	0.16%
X	B	0.27%	0.13%	0.13%
XRAY	F	0.19%	0.16%	0.16%
ZI	D	0.1%	0.15%	0.1%

IVOO Overweight 334 Positions Relative to NXTV

Symbol	Grade	Weight
CSL	C	0.7%
WSM	C	0.68%
EME	A	0.68%
LII	A	0.66%
AVTR	F	0.6%
MANH	D	0.59%
WSO	A	0.58%
BURL	B	0.57%
TPL	A	0.57%
THC	D	0.54%
DT	D	0.54%
UTHR	C	0.54%
PSTG	D	0.53%
IBKR	A	0.52%
OC	A	0.52%
USFD	A	0.51%
GGG	B	0.5%
RBA	A	0.5%
GLPI	C	0.48%
ACM	B	0.47%
FIX	A	0.47%
CASY	A	0.47%
COHR	B	0.46%
WPC	C	0.46%
FND	D	0.45%
ELS	C	0.45%
BMRN	F	0.45%
XPO	B	0.43%
CW	C	0.43%
TTEK	F	0.43%
ITT	A	0.42%
CLH	C	0.42%
AMH	C	0.41%
DKS	D	0.41%
CUBE	C	0.41%
WING	D	0.41%
BLD	D	0.41%
SAIA	B	0.4%
NBIX	C	0.4%
NVT	B	0.4%
LAMR	C	0.4%
TXRH	B	0.4%
SRPT	F	0.4%
CCK	D	0.39%
EWBC	A	0.39%
SCI	B	0.39%
RRX	B	0.38%
SFM	A	0.38%
WMS	F	0.38%
FBIN	D	0.38%
LECO	C	0.37%
BJ	A	0.37%
REXR	F	0.37%
OHI	C	0.36%
DUOL	A	0.36%
ATR	B	0.36%
ARMK	B	0.35%
WWD	C	0.35%
ONTO	F	0.35%
KNSL	B	0.35%
CHDN	B	0.34%
BWXT	B	0.34%
SF	B	0.33%
EXP	B	0.33%
WTRG	B	0.33%
AFG	A	0.33%
EHC	B	0.33%
WAL	B	0.32%
TPX	B	0.32%
TTC	C	0.31%
EVR	B	0.31%
CHE	D	0.31%
CG	B	0.31%
EGP	D	0.31%
NYT	D	0.31%
MUSA	B	0.31%
RGLD	C	0.31%
OLED	F	0.31%
RBC	A	0.3%
KNX	C	0.3%
SKX	D	0.3%
HRB	D	0.3%
DCI	B	0.3%
GPK	C	0.3%
GME	C	0.3%
NNN	C	0.3%
PRI	B	0.3%
HLI	A	0.29%
BRX	A	0.29%
AYI	B	0.29%
MEDP	D	0.29%
FN	C	0.29%
CNM	D	0.29%
CROX	D	0.29%
MORN	B	0.29%
WEX	D	0.29%
PR	B	0.29%
KBR	F	0.29%
ENSG	C	0.28%
FLR	B	0.28%
TKO	A	0.28%
OGE	A	0.28%
BRBR	A	0.27%
AXTA	B	0.27%
WBS	A	0.27%
UFPI	C	0.27%
FCN	F	0.27%
LNW	F	0.27%
CHRD	D	0.27%
SSD	F	0.27%
GMED	A	0.27%
PEN	B	0.26%
ADC	A	0.26%
MTZ	B	0.26%
LNTH	D	0.26%
BRKR	D	0.26%
DTM	A	0.26%
CR	A	0.26%
RGEN	D	0.26%
BERY	C	0.26%
VOYA	B	0.26%
WTFC	A	0.25%
TREX	C	0.25%
HALO	F	0.25%
AAON	B	0.25%
LSCC	D	0.25%
MKSI	C	0.25%
TMHC	C	0.25%
AAL	B	0.25%
SSB	B	0.25%
FR	D	0.25%
RRC	B	0.25%
MIDD	C	0.25%
PNFP	B	0.25%
CGNX	D	0.24%
CBSH	B	0.24%
ZION	B	0.24%
MSA	F	0.24%
KEX	B	0.24%
STAG	D	0.24%
HQY	A	0.24%
SAIC	F	0.24%
ANF	F	0.24%
PCTY	C	0.24%
CFR	B	0.24%
CRUS	D	0.23%
MTG	C	0.23%
LSTR	D	0.23%
LPX	B	0.23%
CVLT	B	0.23%
FAF	A	0.23%
RYAN	A	0.23%
HLNE	B	0.23%
ALV	C	0.23%
SEIC	B	0.23%
ESNT	F	0.23%
GNTX	C	0.23%
H	B	0.23%
PB	B	0.23%
PLNT	A	0.23%
SNV	C	0.22%
NOVT	D	0.22%
MTSI	B	0.22%
G	B	0.22%
RLI	A	0.22%
STWD	C	0.22%
MAT	D	0.22%
OSK	C	0.22%
VNO	C	0.22%
MTN	C	0.22%
LFUS	D	0.22%
ESAB	C	0.21%
AGCO	D	0.21%
CBT	D	0.21%
LEA	F	0.21%
ELF	C	0.21%
EXLS	B	0.21%
WH	B	0.21%
KBH	D	0.21%
CYTK	F	0.21%
GXO	B	0.21%
R	B	0.21%
CMC	B	0.21%
MTDR	B	0.2%
CADE	B	0.2%
KRG	B	0.2%
THO	B	0.2%
VMI	B	0.2%
EXPO	D	0.2%
MASI	B	0.2%
ACHC	F	0.2%
DAR	C	0.2%
ONB	C	0.2%
OLLI	D	0.2%
DOCS	C	0.19%
COLB	B	0.19%
POST	C	0.19%
IDA	A	0.19%
NFG	A	0.19%
BC	C	0.19%
MDU	D	0.19%
MMS	F	0.19%
OLN	F	0.19%
SRCL	B	0.19%
ALTR	B	0.19%
SIGI	C	0.19%
WTS	B	0.19%
CHX	C	0.19%
GBCI	B	0.18%
VNT	C	0.18%
GTLS	A	0.18%
AMG	B	0.18%
THG	A	0.18%
OPCH	D	0.18%
UGI	C	0.18%
TKR	D	0.18%
VVV	D	0.18%
ST	F	0.18%
APPF	B	0.18%
FIVE	F	0.17%
CELH	F	0.17%
CNX	A	0.17%
POR	C	0.17%
SLM	A	0.17%
RH	C	0.17%
NXST	C	0.17%
WLK	D	0.17%
UBSI	B	0.17%
HOMB	A	0.17%
ROIV	C	0.17%
HXL	F	0.17%
KNF	B	0.17%
AM	A	0.17%
FNB	A	0.17%
BCO	F	0.17%
HOG	D	0.16%
AVNT	B	0.16%
IRT	A	0.16%
NJR	A	0.16%
UMBF	B	0.16%
AN	C	0.16%
GATX	A	0.16%
QLYS	B	0.16%
BDC	C	0.16%
FFIN	B	0.16%
AVT	C	0.16%
PSN	D	0.16%
JHG	B	0.16%
SLGN	A	0.15%
BKH	A	0.15%
RYN	D	0.15%
LITE	B	0.15%
SBRA	C	0.15%
PII	F	0.15%
WMG	D	0.15%
SWX	B	0.15%
HWC	B	0.15%
CUZ	B	0.15%
FLO	D	0.15%
RMBS	B	0.15%
OZK	B	0.15%
WU	F	0.14%
KRC	B	0.14%
LOPE	C	0.14%
ENS	F	0.14%
HAE	C	0.14%
ORA	B	0.14%
ASGN	F	0.14%
EEFT	B	0.14%
OGS	A	0.14%
NEU	D	0.14%
ASH	F	0.14%
SMG	C	0.13%
ALE	A	0.13%
KMPR	A	0.13%
CNO	B	0.13%
VAL	F	0.13%
EPR	C	0.13%
VLY	B	0.13%
MSM	C	0.13%
SR	A	0.13%
PNM	B	0.13%
BLKB	B	0.12%
LANC	C	0.12%
NVST	B	0.12%
CDP	C	0.12%
YETI	D	0.12%
MAN	F	0.12%
NWE	B	0.12%
TEX	F	0.12%
PRGO	C	0.12%
IRDM	D	0.12%
ALGM	D	0.12%
POWI	F	0.12%
PBF	D	0.11%
NSP	F	0.11%
AMED	F	0.11%
IBOC	B	0.11%
ASB	B	0.11%
PCH	F	0.11%
TNL	A	0.11%
TCBI	C	0.11%
NEOG	F	0.11%
NSA	C	0.11%
GHC	B	0.1%
LIVN	F	0.1%
FHI	B	0.1%
TDC	D	0.1%
PK	C	0.1%
CHH	A	0.1%
WEN	D	0.1%
CC	C	0.1%
SYNA	C	0.1%
GT	C	0.09%
SAM	C	0.09%
SHC	F	0.09%
VC	F	0.09%
COLM	C	0.09%
BHF	C	0.09%
RCM	A	0.08%
HGV	C	0.08%
CRI	F	0.08%
VAC	C	0.08%
AZTA	D	0.08%
ENOV	C	0.08%
ARWR	D	0.08%
CNXC	F	0.08%
IPGP	D	0.07%
VSH	F	0.07%
GEF	A	0.06%
UAA	C	0.06%
PPC	C	0.06%
CAR	C	0.05%
UA	C	0.04%

IVOO Underweight 136 Positions Relative to NXTV

Symbol	Grade	Weight
CMCSA	B	-5.15%
VZ	C	-4.9%
T	A	-4.84%
PFE	F	-4.65%
INTC	C	-3.77%
DELL	B	-3.21%
C	A	-1.86%
KR	B	-1.78%
HPQ	B	-1.46%
EBAY	D	-1.22%
CVS	D	-1.18%
FDX	B	-1.13%
HPE	B	-1.09%
EL	F	-1.05%
NTAP	C	-1.04%
BBY	D	-1.02%
GFS	C	-0.98%
WDC	D	-0.94%
GM	C	-0.9%
ZM	C	-0.88%
COF	C	-0.87%
VICI	C	-0.87%
MET	A	-0.86%
BIIB	F	-0.85%
FOXA	A	-0.82%
DG	F	-0.79%
TRV	B	-0.78%
ALL	A	-0.74%
DD	C	-0.73%
F	C	-0.73%
AIG	B	-0.71%
NUE	C	-0.7%
MRNA	F	-0.69%
NWS	A	-0.68%
FCNCA	A	-0.67%
HUM	C	-0.66%
PRU	A	-0.65%
SNAP	D	-0.65%
LEN	D	-0.65%
DLTR	F	-0.65%
KHC	F	-0.64%
ZBH	C	-0.63%
CTVA	C	-0.59%
SYY	D	-0.58%
CNC	D	-0.57%
BAX	F	-0.56%
SRE	A	-0.53%
JNPR	D	-0.53%
ACI	C	-0.49%
D	C	-0.48%
TPR	B	-0.46%
PCG	A	-0.44%
CTRA	B	-0.44%
LBRDK	C	-0.43%
TWLO	A	-0.43%
ALB	B	-0.42%
ADM	D	-0.42%
IP	A	-0.41%
VTRS	A	-0.41%
PPG	F	-0.4%
EXC	C	-0.39%
EQT	B	-0.38%
CCL	A	-0.37%
MRO	B	-0.37%
LEVI	F	-0.37%
INCY	C	-0.36%
ED	C	-0.36%
MKL	A	-0.34%
SWK	D	-0.33%
SOLV	D	-0.33%
WRB	A	-0.33%
EXPE	B	-0.33%
GPC	D	-0.33%
FLEX	B	-0.33%
TSN	B	-0.32%
LUV	C	-0.32%
PATH	C	-0.31%
CINF	A	-0.31%
U	C	-0.3%
SYF	B	-0.3%
CFG	B	-0.29%
FTI	A	-0.29%
PFG	D	-0.29%
ARE	F	-0.29%
DDS	B	-0.28%
NSIT	F	-0.28%
UAL	A	-0.28%
TXT	D	-0.28%
BLDR	D	-0.27%
ETR	B	-0.27%
L	A	-0.27%
W	D	-0.27%
HSIC	C	-0.27%
BILL	A	-0.26%
LUMN	C	-0.26%
CRBG	B	-0.26%
PEGA	B	-0.26%
EG	C	-0.25%
PPL	A	-0.24%
ROKU	D	-0.24%
SATS	D	-0.23%
ELAN	D	-0.23%
CPB	D	-0.22%
CLVT	D	-0.21%
KMX	B	-0.21%
VFC	C	-0.21%
CNA	C	-0.2%
BG	D	-0.2%
RIVN	F	-0.2%
IAC	F	-0.19%
SNA	A	-0.19%
AEO	F	-0.19%
USM	B	-0.19%
TAP	C	-0.18%
LKQ	F	-0.18%
BWA	D	-0.17%
RHI	C	-0.17%
ADTN	A	-0.17%
SIG	B	-0.17%
ASO	F	-0.17%
BEN	C	-0.16%
AIZ	A	-0.16%
URBN	C	-0.16%
ALIT	C	-0.16%
GL	C	-0.15%
SANM	B	-0.15%
FRSH	B	-0.15%
NI	A	-0.15%
DXC	B	-0.15%
LCID	F	-0.14%
EVRG	A	-0.14%
AGR	A	-0.14%
UPST	B	-0.14%
WBD	B	-0.13%
ALKS	C	-0.13%
MGM	D	-0.08%