JPUS vs. NXTV ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Equity ETF (JPUS) to Simplify Next Intangible Value Index ETF (NXTV)

JPUS

JPMorgan Diversified Return U.S. Equity ETF

JPUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser. Holdings in the underlying index are selected by the index provider primarily from the constituents of the Russell 1000 Index, a larger Russell index, which is comprised of large- and mid-cap equity securities in the United States.

Grade (RS Rating)

Last Trade

$122.50

Average Daily Volume

6,905

Number of Holdings ^*

355

* 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

$28.86

Average Daily Volume

732

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

Performance

Period	JPUS	NXTV
30 Days	2.72%	5.48%
60 Days	2.86%	5.83%
90 Days	5.12%	10.13%
12 Months	27.89%

70 Overlapping Holdings

Symbol	Grade	Weight in JPUS	Weight in NXTV	Overlap
ACI	C	0.31%	0.49%	0.31%
ADM	D	0.34%	0.4%	0.34%
ALLY	C	0.24%	0.2%	0.2%
BBY	D	0.24%	0.91%	0.24%
BG	F	0.34%	0.18%	0.18%
BLDR	D	0.34%	0.24%	0.24%
CACI	D	0.14%	0.53%	0.14%
CFG	B	0.07%	0.3%	0.07%
CIEN	B	0.52%	0.36%	0.36%
CLF	F	0.18%	0.15%	0.15%
CMCSA	B	0.42%	5.48%	0.42%
COF	B	0.45%	0.96%	0.45%
COKE	C	0.21%	0.17%	0.17%
CPB	D	0.33%	0.21%	0.21%
CTRA	B	0.35%	0.45%	0.35%
CTVA	C	0.3%	0.62%	0.3%
CVS	D	0.36%	1.08%	0.36%
D	C	0.34%	0.5%	0.34%
DINO	D	0.26%	0.18%	0.18%
DLB	B	0.06%	0.05%	0.05%
ED	D	0.34%	0.36%	0.34%
EG	C	0.28%	0.24%	0.24%
ETR	B	0.46%	0.32%	0.32%
EVRG	A	0.34%	0.14%	0.14%
EXC	C	0.31%	0.38%	0.31%
F	C	0.19%	0.72%	0.19%
FCNCA	A	0.43%	0.71%	0.43%
FNF	B	0.35%	0.24%	0.24%
FYBR	D	0.37%	0.37%	0.37%
GAP	C	0.2%	0.37%	0.2%
HPE	B	0.3%	1.06%	0.3%
INGR	B	0.42%	0.13%	0.13%
IP	B	0.46%	0.47%	0.46%
JEF	A	0.3%	0.2%	0.2%
JLL	D	0.41%	0.2%	0.2%
JNPR	F	0.38%	0.54%	0.38%
KHC	F	0.34%	0.62%	0.34%
KR	B	0.43%	1.77%	0.43%
LEN	D	0.36%	0.6%	0.36%
M	D	0.18%	0.2%	0.18%
MRO	B	0.37%	0.39%	0.37%
NI	A	0.41%	0.16%	0.16%
NTAP	C	0.31%	0.98%	0.31%
NUE	C	0.3%	0.67%	0.3%
ORI	A	0.3%	0.14%	0.14%
PAG	B	0.34%	0.19%	0.19%
PFG	D	0.1%	0.29%	0.1%
PFGC	B	0.46%	0.22%	0.22%
PPL	B	0.39%	0.24%	0.24%
PRU	A	0.1%	0.67%	0.1%
RGA	A	0.17%	0.22%	0.17%
RHI	B	0.17%	0.18%	0.17%
ROKU	D	0.0%	0.21%	0.0%
RPM	A	0.28%	0.21%	0.21%
RS	B	0.38%	0.38%	0.38%
SNX	C	0.24%	0.42%	0.24%
SON	D	0.01%	0.13%	0.01%
SRE	A	0.37%	0.53%	0.37%
SYF	B	0.52%	0.34%	0.34%
SYY	B	0.36%	0.57%	0.36%
T	A	0.4%	5.05%	0.4%
TAP	C	0.43%	0.17%	0.17%
TOL	B	0.42%	0.18%	0.18%
TSN	B	0.37%	0.32%	0.32%
UNM	A	0.51%	0.18%	0.18%
VICI	C	0.33%	0.85%	0.33%
VTRS	A	0.23%	0.42%	0.23%
VZ	C	0.38%	4.68%	0.38%
WRB	A	0.12%	0.34%	0.12%
X	C	0.33%	0.15%	0.15%

JPUS Overweight 285 Positions Relative to NXTV

Symbol	Grade	Weight
VST	B	0.64%
TRGP	B	0.5%
KMI	A	0.48%
ANET	C	0.47%
TMUS	B	0.47%
NRG	B	0.46%
PWR	A	0.46%
MCK	B	0.46%
NVDA	C	0.45%
USFD	A	0.44%
ETN	A	0.43%
GWW	B	0.43%
MSI	B	0.43%
GRMN	B	0.43%
CEG	D	0.42%
ALSN	B	0.42%
APH	A	0.42%
META	D	0.42%
CMI	A	0.42%
UTHR	C	0.42%
XOM	B	0.41%
CSCO	B	0.41%
WMB	A	0.41%
ORCL	B	0.41%
CLH	B	0.41%
WM	A	0.41%
SPG	B	0.41%
CASY	A	0.41%
PEG	A	0.41%
RSG	A	0.4%
VLO	C	0.4%
HST	C	0.4%
CHTR	C	0.4%
THC	D	0.4%
WELL	A	0.4%
FANG	D	0.39%
HIG	B	0.39%
BRK.A	B	0.39%
PM	B	0.39%
PH	A	0.39%
MO	A	0.39%
KVUE	A	0.39%
IRM	D	0.39%
PNW	B	0.39%
PGR	A	0.39%
LAMR	D	0.39%
COR	B	0.39%
FAST	B	0.39%
PHM	D	0.38%
AVGO	D	0.38%
AM	A	0.38%
OHI	C	0.38%
AFL	B	0.38%
REG	B	0.38%
K	A	0.38%
STLD	B	0.38%
NVR	D	0.38%
LOW	D	0.37%
ESS	B	0.37%
DVA	B	0.37%
ORLY	B	0.37%
VRTX	F	0.37%
SO	D	0.37%
BRX	A	0.37%
CTSH	B	0.37%
CAH	B	0.36%
NXST	C	0.36%
DGX	A	0.36%
GD	F	0.36%
HRB	D	0.36%
INTU	C	0.36%
OGE	B	0.36%
AAPL	C	0.36%
EIX	B	0.36%
SCCO	F	0.36%
DUK	C	0.36%
LMT	D	0.36%
XEL	A	0.36%
MPC	D	0.36%
PG	A	0.36%
DKS	C	0.36%
GILD	C	0.35%
MTG	C	0.35%
HUBB	B	0.35%
MSFT	F	0.35%
CI	F	0.35%
PSX	C	0.35%
AMGN	D	0.35%
CUBE	D	0.35%
CLX	B	0.35%
ADI	D	0.35%
POST	C	0.35%
AZO	C	0.35%
HRL	D	0.35%
CVX	A	0.35%
PSA	D	0.34%
ITW	B	0.34%
TJX	A	0.34%
HCA	F	0.34%
GLPI	C	0.34%
FE	C	0.34%
CHD	B	0.34%
WEC	A	0.34%
LNG	B	0.34%
TSCO	D	0.34%
KMB	D	0.34%
OC	A	0.34%
UNH	C	0.34%
PEP	F	0.34%
CDNS	B	0.33%
GIS	D	0.33%
MDLZ	F	0.33%
LLY	F	0.33%
HBAN	A	0.33%
ABBV	D	0.33%
UHS	D	0.33%
KO	D	0.33%
DHI	D	0.33%
KIM	A	0.33%
BAH	F	0.32%
WLK	D	0.32%
CAG	D	0.32%
KLAC	D	0.32%
EOG	A	0.32%
IT	C	0.32%
ACN	C	0.32%
EMN	D	0.32%
CL	D	0.32%
CF	B	0.32%
BAC	A	0.31%
AMAT	F	0.31%
FITB	A	0.31%
ACGL	D	0.31%
LYB	F	0.31%
UGI	A	0.31%
ABT	B	0.31%
WY	D	0.31%
AEP	D	0.31%
WSM	B	0.31%
AVB	B	0.31%
STZ	D	0.31%
MAS	D	0.3%
QCOM	F	0.3%
DTE	C	0.3%
AOS	F	0.3%
IBM	C	0.3%
PKG	A	0.3%
ESI	A	0.3%
NFG	A	0.3%
ECL	D	0.29%
AMP	A	0.29%
LH	C	0.28%
CAT	B	0.28%
CMS	C	0.28%
HOLX	D	0.28%
GNTX	C	0.28%
COP	C	0.28%
SYK	C	0.28%
LIN	D	0.28%
ZTS	D	0.27%
SPB	C	0.27%
WST	C	0.27%
UNP	C	0.27%
CB	C	0.27%
DHR	F	0.27%
HSY	F	0.26%
OLN	D	0.26%
MRK	F	0.26%
KDP	D	0.26%
DOW	F	0.26%
REGN	F	0.26%
ELV	F	0.26%
LRCX	F	0.26%
AVY	D	0.26%
FCX	D	0.25%
VTR	C	0.25%
STE	F	0.25%
MSM	C	0.25%
CBOE	B	0.25%
BMY	B	0.25%
ITT	A	0.24%
SAM	C	0.24%
PK	B	0.24%
TGT	F	0.24%
DRI	B	0.24%
DOX	D	0.24%
BRBR	A	0.24%
MDT	D	0.23%
RVTY	F	0.23%
PR	B	0.23%
ROST	C	0.23%
APO	B	0.23%
STAG	F	0.23%
GEHC	F	0.22%
LDOS	C	0.22%
OMF	A	0.22%
IFF	D	0.21%
FLO	D	0.21%
EXP	A	0.21%
WPC	D	0.21%
PPC	C	0.21%
CNM	D	0.21%
BPOP	B	0.21%
MAA	B	0.21%
SJM	D	0.21%
EQR	B	0.2%
CE	F	0.2%
EA	A	0.19%
BDX	F	0.19%
MEDP	D	0.19%
TKR	D	0.19%
ASH	D	0.19%
R	B	0.18%
NEM	D	0.18%
BKNG	A	0.18%
STWD	C	0.18%
SCI	B	0.18%
NEU	C	0.18%
CSL	C	0.17%
MOS	F	0.17%
UI	A	0.17%
EPR	D	0.17%
CPT	B	0.17%
DTM	B	0.17%
CCI	D	0.16%
FR	C	0.16%
HUN	F	0.16%
ATO	A	0.16%
NNN	D	0.16%
KRC	C	0.16%
CHE	D	0.16%
HIW	D	0.15%
IPG	D	0.15%
TMO	F	0.15%
SWKS	F	0.14%
MOH	F	0.14%
STT	A	0.13%
CSX	B	0.13%
DFS	B	0.13%
FBIN	D	0.12%
VIRT	B	0.12%
SLM	A	0.11%
VVV	F	0.11%
USB	A	0.11%
GOOGL	C	0.11%
WU	D	0.11%
DVN	F	0.1%
CRUS	D	0.1%
OXY	D	0.1%
SMG	D	0.1%
CARR	D	0.09%
LOPE	B	0.09%
FRT	B	0.09%
RF	A	0.09%
RGLD	C	0.08%
SAIC	F	0.08%
LPX	B	0.08%
TNL	A	0.07%
RBC	A	0.07%
GEN	B	0.07%
RMD	C	0.07%
PCAR	B	0.06%
NKE	D	0.06%
AFG	A	0.06%
KEY	B	0.06%
EGP	F	0.06%
IRDM	D	0.06%
AGO	B	0.05%
ADBE	C	0.05%
NSA	D	0.05%
CBRE	B	0.05%
CWEN	C	0.05%
MMC	B	0.05%
RRC	B	0.05%
VLTO	D	0.04%
SSNC	B	0.04%
LSTR	D	0.04%
CRI	D	0.03%
FTRE	D	0.03%
HOG	D	0.03%
MNST	C	0.03%
LEG	F	0.02%
IDA	A	0.02%
PLD	D	0.01%
KSS	F	0.01%

JPUS Underweight 124 Positions Relative to NXTV

Symbol	Grade	Weight
PFE	D	-4.63%
INTC	D	-3.52%
DELL	C	-3.41%
C	A	-1.95%
HPQ	B	-1.47%
FDX	B	-1.15%
EBAY	D	-1.1%
GM	B	-1.04%
ZM	B	-0.96%
WDC	D	-0.92%
GFS	C	-0.91%
FOXA	B	-0.83%
MET	A	-0.83%
TRV	B	-0.83%
BIIB	F	-0.78%
DG	F	-0.76%
SNAP	C	-0.75%
AIG	B	-0.75%
EL	F	-0.74%
ALL	A	-0.74%
NWS	B	-0.72%
DD	D	-0.69%
ZBH	C	-0.64%
DLTR	F	-0.61%
ILMN	D	-0.58%
MRNA	F	-0.57%
TWLO	A	-0.55%
HUM	C	-0.55%
BAX	D	-0.53%
TPR	B	-0.48%
CNC	D	-0.48%
PCG	A	-0.46%
LBRDK	C	-0.46%
CCL	B	-0.45%
ALB	C	-0.43%
INCY	C	-0.41%
PPG	F	-0.39%
EQT	B	-0.39%
UAL	A	-0.39%
EXPE	B	-0.36%
SOLV	C	-0.35%
FLEX	A	-0.35%
DBX	B	-0.34%
LUV	C	-0.34%
MKL	A	-0.34%
CINF	A	-0.33%
PATH	C	-0.31%
LEVI	F	-0.3%
FTI	A	-0.3%
CRBG	B	-0.29%
BILL	A	-0.29%
PEGA	A	-0.29%
GPC	D	-0.28%
ARE	D	-0.28%
SWK	D	-0.28%
EXEL	B	-0.27%
OVV	B	-0.27%
HSIC	B	-0.27%
L	A	-0.27%
U	C	-0.27%
DDS	B	-0.27%
AMKR	D	-0.26%
TXT	D	-0.26%
BIO	D	-0.26%
WCC	B	-0.23%
VFC	C	-0.23%
NSIT	F	-0.23%
LUMN	C	-0.23%
SATS	D	-0.23%
USM	B	-0.22%
SNA	A	-0.22%
EQH	B	-0.22%
AIT	A	-0.22%
KD	B	-0.22%
CNH	C	-0.21%
W	F	-0.21%
RNR	C	-0.21%
ELAN	D	-0.2%
CLVT	F	-0.2%
CNA	B	-0.2%
KMX	B	-0.2%
JAZZ	B	-0.2%
COTY	F	-0.19%
RIVN	F	-0.19%
AR	B	-0.19%
UPST	B	-0.18%
AA	B	-0.18%
ARW	D	-0.17%
AEO	F	-0.17%
IAC	D	-0.17%
JWN	C	-0.17%
ADTN	A	-0.17%
LKQ	D	-0.17%
FLS	B	-0.17%
SIG	B	-0.16%
AIZ	A	-0.16%
ALIT	C	-0.16%
BWA	D	-0.16%
NOV	C	-0.16%
PVH	C	-0.16%
WHR	B	-0.16%
ZI	D	-0.16%
BEN	C	-0.16%
WFRD	D	-0.15%
LAD	A	-0.15%
GL	B	-0.15%
DXC	B	-0.15%
URBN	C	-0.15%
ASO	F	-0.15%
FRSH	C	-0.15%
SANM	B	-0.15%
XRAY	F	-0.14%
SLAB	D	-0.14%
AGR	B	-0.14%
FHN	A	-0.14%
CIVI	D	-0.13%
CXT	B	-0.13%
WBD	C	-0.13%
MUR	D	-0.12%
ALKS	B	-0.12%
CPRI	F	-0.1%
LCID	F	-0.09%
MGM	D	-0.08%
BYD	C	-0.05%