JMOM vs. NXTI ETF Comparison

Comparison of JPMorgan U.S. Momentum Factor ETF (JMOM) to Simplify Next Intangible Core Index ETF (NXTI)

JMOM

JPMorgan U.S. Momentum Factor ETF

JMOM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Momentum Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent positive momentum factor characteristics.

Grade (RS Rating)

Last Trade

$60.97

Average Daily Volume

48,194

Number of Holdings ^*

271

* 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	JMOM	NXTI
30 Days	5.45%	5.73%
60 Days	7.40%	7.47%
90 Days	9.79%	10.93%
12 Months	41.42%

76 Overlapping Holdings

Symbol	Grade	Weight in JMOM	Weight in NXTI	Overlap
ACGL	D	0.26%	0.14%	0.14%
AFL	B	0.36%	0.24%	0.24%
AJG	B	0.36%	0.25%	0.25%
ALL	A	0.35%	0.19%	0.19%
AMAT	F	0.63%	0.74%	0.63%
AMP	A	0.41%	0.22%	0.22%
APP	B	0.95%	0.54%	0.54%
APPF	B	0.08%	0.1%	0.08%
AXP	A	0.73%	0.77%	0.73%
BAH	F	0.23%	0.15%	0.15%
BKNG	A	0.73%	0.88%	0.73%
BRK.A	B	1.8%	4.18%	1.8%
BRO	B	0.27%	0.12%	0.12%
CACI	D	0.2%	0.16%	0.16%
CBRE	B	0.33%	0.15%	0.15%
CL	D	0.4%	0.55%	0.4%
CTAS	B	0.44%	0.55%	0.44%
CVNA	B	0.41%	0.19%	0.19%
DASH	A	0.44%	0.42%	0.42%
DECK	A	0.29%	0.14%	0.14%
DELL	C	0.35%	1.03%	0.35%
DKNG	B	0.19%	0.1%	0.1%
ECL	D	0.37%	0.35%	0.35%
ED	D	0.21%	0.32%	0.21%
FFIV	B	0.26%	0.17%	0.17%
FICO	B	0.41%	0.57%	0.41%
GDDY	A	0.31%	0.31%	0.31%
GEV	B	0.41%	0.66%	0.41%
GWRE	A	0.27%	0.16%	0.16%
GWW	B	0.38%	0.31%	0.31%
HD	A	1.37%	1.6%	1.37%
HIG	B	0.28%	0.13%	0.13%
HPQ	B	0.2%	0.45%	0.2%
IBM	C	0.82%	2.28%	0.82%
INTU	C	0.73%	2.08%	0.73%
IT	C	0.31%	0.24%	0.24%
JNPR	F	0.19%	0.16%	0.16%
KO	D	0.17%	1.23%	0.17%
KR	B	0.25%	0.37%	0.25%
LII	A	0.26%	0.11%	0.11%
LOW	D	0.33%	0.59%	0.33%
LRCX	F	0.42%	0.53%	0.42%
MANH	D	0.23%	0.19%	0.19%
META	D	1.99%	5.28%	1.99%
MPC	D	0.35%	0.33%	0.33%
MSI	B	0.46%	0.91%	0.46%
NI	A	0.22%	0.14%	0.14%
NOW	A	0.9%	2.29%	0.9%
NRG	B	0.28%	0.17%	0.17%
NTAP	C	0.27%	0.29%	0.27%
NTNX	A	0.26%	0.21%	0.21%
ORLY	B	0.38%	0.49%	0.38%
PANW	C	0.6%	1.5%	0.6%
PGR	A	0.67%	0.56%	0.56%
PH	A	0.5%	0.39%	0.39%
PLTR	B	0.76%	0.99%	0.76%
PM	B	0.84%	0.9%	0.84%
PSTG	D	0.19%	0.19%	0.19%
ROL	B	0.15%	0.15%	0.15%
RS	B	0.07%	0.09%	0.07%
SNPS	B	0.11%	0.95%	0.11%
SPOT	B	0.48%	0.93%	0.48%
TER	D	0.12%	0.12%	0.12%
TRGP	B	0.39%	0.34%	0.34%
TSCO	D	0.14%	0.11%	0.11%
TT	A	0.51%	0.52%	0.51%
TW	A	0.15%	0.11%	0.11%
TXT	D	0.17%	0.1%	0.1%
UBER	D	0.57%	1.04%	0.57%
UNH	C	1.34%	2.16%	1.34%
VLTO	D	0.09%	0.23%	0.09%
VST	B	0.54%	0.32%	0.32%
WING	D	0.18%	0.08%	0.08%
WMB	A	0.46%	0.59%	0.46%
WSM	B	0.09%	0.14%	0.09%
ZS	C	0.25%	0.33%	0.25%

JMOM Overweight 195 Positions Relative to NXTI

Symbol	Grade	Weight
NVDA	C	2.5%
AVGO	D	2.1%
MSFT	F	1.82%
GOOGL	C	1.81%
AAPL	C	1.8%
COST	B	1.47%
LLY	F	1.47%
CRM	B	1.21%
ABBV	D	1.04%
MSTR	C	0.97%
ORCL	B	0.96%
NFLX	A	0.9%
GE	D	0.82%
ISRG	A	0.82%
CAT	B	0.8%
AMD	F	0.77%
TMO	F	0.76%
TXN	C	0.76%
QCOM	F	0.73%
ETN	A	0.68%
SYK	C	0.62%
BSX	B	0.62%
DHR	F	0.61%
AMZN	C	0.61%
TJX	A	0.6%
COP	C	0.6%
TMUS	B	0.58%
KKR	A	0.56%
VRTX	F	0.55%
GS	A	0.54%
CB	C	0.53%
ANET	C	0.53%
COIN	C	0.51%
CRWD	B	0.51%
ADI	D	0.51%
VRT	B	0.5%
MU	D	0.5%
MCK	B	0.48%
APH	A	0.48%
MRVL	B	0.48%
WM	A	0.47%
WELL	A	0.46%
RCL	A	0.45%
CEG	D	0.44%
AXON	A	0.44%
CMG	B	0.42%
KLAC	D	0.42%
DLR	B	0.41%
HLT	A	0.4%
TDG	D	0.4%
URI	B	0.39%
GD	F	0.39%
BK	A	0.39%
PWR	A	0.39%
TTD	B	0.39%
SPG	B	0.38%
HWM	A	0.38%
PSX	C	0.36%
PCAR	B	0.36%
ROP	B	0.35%
AZO	C	0.34%
CPRT	A	0.33%
EME	C	0.33%
ARES	A	0.32%
GLW	B	0.32%
RSG	A	0.32%
NU	C	0.31%
COHR	B	0.31%
COR	B	0.31%
IRM	D	0.3%
XPO	B	0.3%
ICE	C	0.29%
HUBB	B	0.29%
JEF	A	0.28%
FANG	D	0.28%
ALSN	B	0.27%
DTM	B	0.27%
PTC	A	0.27%
CAH	B	0.27%
GEN	B	0.26%
VLO	C	0.26%
LDOS	C	0.26%
PHM	D	0.26%
CW	B	0.26%
IBKR	A	0.26%
VTR	C	0.26%
FI	A	0.26%
TYL	B	0.26%
WDC	D	0.25%
STLD	B	0.25%
EXP	A	0.25%
FTI	A	0.25%
USFD	A	0.25%
BWXT	B	0.24%
HEI	B	0.24%
RGA	A	0.24%
EVR	B	0.24%
TOL	B	0.24%
CBOE	B	0.24%
CHD	B	0.24%
CASY	A	0.23%
SSNC	B	0.23%
T	A	0.23%
IQV	D	0.23%
NVT	B	0.22%
CNM	D	0.22%
THC	D	0.22%
FRPT	B	0.22%
TPX	B	0.21%
MPWR	F	0.21%
SCCO	F	0.21%
TPR	B	0.21%
AM	A	0.2%
PSN	D	0.2%
PG	A	0.2%
INGR	B	0.2%
LIN	D	0.2%
MOH	F	0.2%
DKS	C	0.2%
ONTO	D	0.19%
POST	C	0.19%
SO	D	0.19%
UHS	D	0.19%
KD	B	0.19%
IFF	D	0.19%
WSO	A	0.19%
HCA	F	0.19%
R	B	0.19%
HPE	B	0.18%
AN	C	0.18%
SN	D	0.18%
SAIC	F	0.18%
MEDP	D	0.17%
DHI	D	0.17%
GAP	C	0.17%
UNM	A	0.17%
MRK	F	0.17%
AZEK	A	0.16%
WLK	D	0.16%
H	B	0.16%
BLD	D	0.15%
CRUS	D	0.15%
CRBG	B	0.15%
MTSI	B	0.14%
ARMK	B	0.14%
AVT	C	0.13%
SNX	C	0.13%
BRBR	A	0.13%
ORI	A	0.13%
LOPE	B	0.13%
PAG	B	0.12%
JLL	D	0.12%
OHI	C	0.12%
RPM	A	0.12%
EHC	B	0.12%
SPB	C	0.11%
LPX	B	0.11%
MTG	C	0.1%
VRSK	A	0.1%
HRB	D	0.1%
WFRD	D	0.1%
PPC	C	0.1%
SMCI	F	0.1%
FE	C	0.1%
LAMR	D	0.09%
ROIV	C	0.09%
TPG	A	0.09%
VKTX	F	0.09%
ESS	B	0.09%
INFA	D	0.08%
VVV	F	0.08%
PRI	A	0.08%
COKE	C	0.08%
AWI	A	0.07%
AGO	B	0.07%
OLED	D	0.07%
HII	D	0.07%
SRE	A	0.07%
PEG	A	0.06%
FCNCA	A	0.06%
AYI	B	0.06%
FYBR	D	0.06%
PNR	A	0.06%
NSA	D	0.05%
BSY	D	0.05%
INVH	D	0.04%
CXT	B	0.04%
RYAN	B	0.04%
SLM	A	0.03%
BR	A	0.02%
ESTC	C	0.02%
TKR	D	0.01%
STAG	F	0.01%
MORN	B	0.0%
EQIX	A	0.0%

JMOM Underweight 121 Positions Relative to NXTI

Symbol	Grade	Weight
WMT	A	-5.09%
XOM	B	-3.43%
MA	C	-3.02%
ADBE	C	-2.94%
CSCO	B	-2.73%
ALNY	D	-1.07%
IDXX	F	-1.04%
PEP	F	-1.02%
HON	B	-0.91%
CDNS	B	-0.87%
NKE	D	-0.82%
WDAY	B	-0.81%
UPS	C	-0.79%
FTNT	C	-0.77%
BX	A	-0.77%
ADSK	A	-0.72%
TGT	F	-0.67%
TEAM	A	-0.61%
ABNB	C	-0.58%
DDOG	A	-0.54%
EA	A	-0.5%
ITW	B	-0.49%
ALGN	D	-0.47%
CTSH	B	-0.47%
MMM	D	-0.47%
INCY	C	-0.46%
D	C	-0.46%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	D	-0.43%
MMC	B	-0.43%
NBIX	C	-0.4%
INSM	C	-0.39%
NET	B	-0.38%
SHW	A	-0.36%
CI	F	-0.36%
ELV	F	-0.36%
HUBS	A	-0.34%
EBAY	D	-0.33%
PAYX	C	-0.32%
PEN	B	-0.32%
KMB	D	-0.31%
CMI	A	-0.3%
HSIC	B	-0.3%
CDW	F	-0.3%
ITCI	C	-0.29%
CVS	D	-0.29%
PINS	D	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
A	D	-0.26%
STX	D	-0.26%
BKR	B	-0.25%
RDDT	B	-0.24%
MDB	C	-0.24%
SNAP	C	-0.23%
VMC	B	-0.23%
ZBRA	B	-0.23%
NWS	B	-0.22%
MNST	C	-0.22%
TRV	B	-0.22%
IONS	F	-0.22%
MDGL	B	-0.2%
CYTK	F	-0.2%
BPMC	C	-0.2%
AIG	B	-0.2%
DT	C	-0.19%
INSP	D	-0.19%
SMMT	D	-0.19%
TOST	B	-0.19%
BBIO	F	-0.18%
FAST	B	-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%
KEYS	A	-0.17%
ULTA	F	-0.16%
OTIS	C	-0.16%
SYY	B	-0.16%
GIS	D	-0.16%
HUM	C	-0.15%
RARE	D	-0.15%
CORT	B	-0.15%
ILMN	D	-0.15%
HSY	F	-0.15%
LYV	A	-0.15%
ALKS	B	-0.14%
WAT	B	-0.14%
DUOL	A	-0.14%
EXPE	B	-0.14%
BURL	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
CNC	D	-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%
APLS	D	-0.12%
MTCH	D	-0.12%
PPG	F	-0.12%
GTLB	B	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	B	-0.11%
NYT	C	-0.11%
PCOR	B	-0.11%
AMED	F	-0.1%
ACI	C	-0.1%
GPC	D	-0.1%
DNLI	D	-0.1%
APTV	D	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
DLB	B	-0.04%
LNW	D	-0.04%