LRGF vs. NXTI ETF Comparison

Comparison of iShares FactorSelect MSCI USA ETF (LRGF) to Simplify Next Intangible Core Index ETF (NXTI)

LRGF

iShares FactorSelect MSCI USA ETF

LRGF Description

The investment seeks to track the investment results of the MSCI USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to select equity securities from MSCI USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.96

Average Daily Volume

91,138

Number of Holdings ^*

272

* 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	LRGF	NXTI
30 Days	4.57%	5.73%
60 Days	6.07%	7.47%
90 Days	7.74%	10.93%
12 Months	37.24%

86 Overlapping Holdings

Symbol	Grade	Weight in LRGF	Weight in NXTI	Overlap
ABNB	C	0.3%	0.58%	0.3%
ACGL	D	0.07%	0.14%	0.07%
ACI	C	0.06%	0.1%	0.06%
ADBE	C	0.28%	2.94%	0.28%
AFL	B	0.38%	0.24%	0.24%
AIG	B	0.3%	0.2%	0.2%
AMAT	F	0.46%	0.74%	0.46%
AMP	A	0.41%	0.22%	0.22%
APP	B	0.94%	0.54%	0.54%
AXP	A	0.24%	0.77%	0.24%
BBY	D	0.24%	0.18%	0.18%
BKNG	A	1.17%	0.88%	0.88%
BRK.A	B	0.5%	4.18%	0.5%
CDNS	B	0.19%	0.87%	0.19%
CI	F	0.21%	0.36%	0.21%
CSCO	B	0.4%	2.73%	0.4%
CTAS	B	0.38%	0.55%	0.38%
CVNA	B	0.02%	0.19%	0.02%
CVS	D	0.17%	0.29%	0.17%
DECK	A	0.32%	0.14%	0.14%
DELL	C	0.35%	1.03%	0.35%
DOCU	A	0.33%	0.18%	0.18%
DUOL	A	0.44%	0.14%	0.14%
EBAY	D	0.31%	0.33%	0.31%
ED	D	0.51%	0.32%	0.32%
ELV	F	0.29%	0.36%	0.29%
EXPD	D	0.01%	0.12%	0.01%
FDX	B	0.01%	0.44%	0.01%
FICO	B	0.61%	0.57%	0.57%
FTNT	C	0.49%	0.77%	0.49%
GIS	D	0.23%	0.16%	0.16%
GTLB	B	0.28%	0.11%	0.11%
GWW	B	0.11%	0.31%	0.11%
HD	A	0.58%	1.6%	0.58%
HIG	B	0.03%	0.13%	0.03%
HPQ	B	0.19%	0.45%	0.19%
HSY	F	0.04%	0.15%	0.04%
HUBS	A	0.15%	0.34%	0.15%
HUM	C	0.14%	0.15%	0.14%
IBM	C	0.16%	2.28%	0.16%
INTU	C	0.31%	2.08%	0.31%
IOT	A	0.17%	0.28%	0.17%
IT	C	0.36%	0.24%	0.24%
ITW	B	0.21%	0.49%	0.21%
KO	D	0.61%	1.23%	0.61%
KR	B	0.35%	0.37%	0.35%
LII	A	0.03%	0.11%	0.03%
LOW	D	0.58%	0.59%	0.58%
LRCX	F	0.2%	0.53%	0.2%
LYV	A	0.02%	0.15%	0.02%
MA	C	0.75%	3.02%	0.75%
MANH	D	0.34%	0.19%	0.19%
META	D	2.16%	5.28%	2.16%
MMM	D	0.13%	0.47%	0.13%
MPC	D	0.57%	0.33%	0.33%
MSI	B	0.22%	0.91%	0.22%
MTD	D	0.27%	0.18%	0.18%
NOW	A	0.04%	2.29%	0.04%
NTAP	C	0.02%	0.29%	0.02%
NTNX	A	0.43%	0.21%	0.21%
OTIS	C	0.27%	0.16%	0.16%
PANW	C	0.18%	1.5%	0.18%
PAYX	C	0.4%	0.32%	0.32%
PCOR	B	0.28%	0.11%	0.11%
PEP	F	0.87%	1.02%	0.87%
PH	A	0.1%	0.39%	0.1%
PM	B	0.4%	0.9%	0.4%
PRU	A	0.19%	0.18%	0.18%
RL	B	0.12%	0.11%	0.11%
RS	B	0.27%	0.09%	0.09%
SHW	A	0.07%	0.36%	0.07%
SNPS	B	0.18%	0.95%	0.18%
TEAM	A	0.6%	0.61%	0.6%
TGT	F	0.3%	0.67%	0.3%
TRV	B	0.2%	0.22%	0.2%
TT	A	0.21%	0.52%	0.21%
UBER	D	0.28%	1.04%	0.28%
ULTA	F	0.01%	0.16%	0.01%
UNH	C	0.89%	2.16%	0.89%
VLTO	D	0.08%	0.23%	0.08%
VST	B	0.45%	0.32%	0.32%
WING	D	0.26%	0.08%	0.08%
WMT	A	1.03%	5.09%	1.03%
WSM	B	0.36%	0.14%	0.14%
XOM	B	0.94%	3.43%	0.94%
ZS	C	0.11%	0.33%	0.11%

LRGF Overweight 186 Positions Relative to NXTI

Symbol	Grade	Weight
NVDA	C	6.55%
AAPL	C	6.35%
MSFT	F	5.67%
AMZN	C	3.01%
AVGO	D	1.82%
GOOG	C	1.8%
JPM	A	1.64%
V	A	1.28%
PG	A	1.26%
LLY	F	1.09%
LIN	D	0.91%
ABBV	D	0.9%
JNJ	D	0.87%
TSLA	B	0.76%
BMY	B	0.72%
MCD	D	0.63%
BK	A	0.61%
T	A	0.59%
GS	A	0.59%
MRK	F	0.57%
CVX	A	0.54%
COST	B	0.54%
ABT	B	0.53%
BLDR	D	0.53%
GM	B	0.52%
AWK	D	0.52%
MCK	B	0.5%
WFC	A	0.5%
GILD	C	0.49%
HPE	B	0.48%
IBKR	A	0.46%
QCOM	F	0.45%
SPGI	C	0.43%
AMGN	D	0.42%
CMCSA	B	0.41%
GEHC	F	0.41%
MELI	D	0.39%
ETN	A	0.38%
SPG	B	0.38%
MSCI	C	0.37%
AYI	B	0.37%
BAC	A	0.37%
HOLX	D	0.36%
VZ	C	0.34%
VLO	C	0.33%
WY	D	0.33%
CRH	A	0.32%
TPR	B	0.32%
PFE	D	0.31%
KLAC	D	0.31%
CR	A	0.31%
JBL	B	0.31%
BRX	A	0.31%
EMR	A	0.31%
HRB	D	0.3%
YUM	B	0.3%
ANET	C	0.3%
MLI	C	0.29%
EQR	B	0.29%
CNM	D	0.29%
FERG	B	0.29%
MEDP	D	0.28%
ANF	C	0.27%
EME	C	0.27%
TMO	F	0.27%
STLD	B	0.26%
SYF	B	0.26%
JHG	A	0.26%
CAT	B	0.26%
FOXA	B	0.25%
ALLY	C	0.25%
RHI	B	0.24%
BLK	C	0.24%
DVA	B	0.23%
PCAR	B	0.23%
PSA	D	0.23%
STT	A	0.22%
AVB	B	0.22%
NDAQ	A	0.22%
CRWD	B	0.22%
COF	B	0.22%
WFRD	D	0.21%
AN	C	0.21%
DUK	C	0.21%
NUE	C	0.21%
SOLV	C	0.2%
QLYS	C	0.2%
WEC	A	0.2%
AMG	B	0.2%
SBUX	A	0.19%
LMT	D	0.19%
NFLX	A	0.19%
VRTX	F	0.19%
F	C	0.18%
ESTC	C	0.18%
CVLT	B	0.18%
ETSY	D	0.18%
NEE	D	0.17%
R	B	0.17%
SYK	C	0.17%
DKS	C	0.17%
EXC	C	0.16%
ADP	B	0.16%
ORCL	B	0.16%
MOH	F	0.16%
OMC	C	0.15%
WTS	B	0.15%
C	A	0.15%
ACN	C	0.14%
SMAR	A	0.14%
GE	D	0.14%
BBWI	D	0.14%
AZO	C	0.14%
RMBS	C	0.14%
KMI	A	0.14%
FNF	B	0.13%
NVT	B	0.13%
AMD	F	0.13%
DTE	C	0.13%
VOYA	B	0.13%
CRM	B	0.12%
ELF	C	0.12%
SO	D	0.12%
CPNG	D	0.12%
MS	A	0.11%
OLN	D	0.11%
RRC	B	0.11%
OKTA	C	0.11%
FI	A	0.11%
MUSA	A	0.11%
TTEK	F	0.1%
MDLZ	F	0.1%
GL	B	0.1%
COKE	C	0.1%
MO	A	0.1%
MDT	D	0.1%
APA	D	0.09%
AMT	D	0.09%
MRO	B	0.09%
UNM	A	0.09%
EXE	B	0.08%
PVH	C	0.08%
MCHP	D	0.08%
HOG	D	0.08%
AGNC	D	0.07%
TAP	C	0.07%
SRE	A	0.07%
ADM	D	0.07%
LPX	B	0.07%
CMC	B	0.07%
PLD	D	0.07%
CARR	D	0.07%
LNTH	D	0.07%
CHTR	C	0.07%
RGA	A	0.06%
SFM	A	0.05%
FE	C	0.05%
CRUS	D	0.05%
PFG	D	0.05%
COP	C	0.05%
CEG	D	0.05%
EG	C	0.05%
AR	B	0.04%
THO	B	0.04%
DOW	F	0.04%
MRNA	F	0.04%
BXP	D	0.04%
XRAY	F	0.04%
SSD	D	0.04%
TXN	C	0.04%
DE	A	0.03%
MGM	D	0.03%
MOD	A	0.03%
ZBH	C	0.03%
UAL	A	0.03%
AGCO	D	0.03%
MET	A	0.03%
PATH	C	0.02%
BDX	F	0.02%
BSX	B	0.02%
NWSA	B	0.02%
MUR	D	0.02%
KHC	F	0.02%
RPRX	D	0.01%
PSX	C	0.01%
EOG	A	0.01%

LRGF Underweight 111 Positions Relative to NXTI

Symbol	Grade	Weight
ALNY	D	-1.07%
IDXX	F	-1.04%
PLTR	B	-0.99%
SPOT	B	-0.93%
HON	B	-0.91%
NKE	D	-0.82%
WDAY	B	-0.81%
UPS	C	-0.79%
BX	A	-0.77%
ADSK	A	-0.72%
GEV	B	-0.66%
WMB	A	-0.59%
PGR	A	-0.56%
CL	D	-0.55%
DDOG	A	-0.54%
EA	A	-0.5%
ORLY	B	-0.49%
ALGN	D	-0.47%
CTSH	B	-0.47%
INCY	C	-0.46%
D	C	-0.46%
NTRA	B	-0.45%
SRPT	D	-0.43%
MMC	B	-0.43%
DASH	A	-0.42%
NBIX	C	-0.4%
INSM	C	-0.39%
NET	B	-0.38%
ECL	D	-0.35%
TRGP	B	-0.34%
PEN	B	-0.32%
GDDY	A	-0.31%
KMB	D	-0.31%
CMI	A	-0.3%
HSIC	B	-0.3%
CDW	F	-0.3%
ITCI	C	-0.29%
PINS	D	-0.29%
EXEL	B	-0.29%
A	D	-0.26%
STX	D	-0.26%
BKR	B	-0.25%
AJG	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%
IONS	F	-0.22%
MDGL	B	-0.2%
CYTK	F	-0.2%
BPMC	C	-0.2%
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%
FAST	B	-0.18%
EL	F	-0.18%
DD	D	-0.18%
FFIV	B	-0.17%
NRG	B	-0.17%
KEYS	A	-0.17%
CACI	D	-0.16%
GWRE	A	-0.16%
SYY	B	-0.16%
JNPR	F	-0.16%
RARE	D	-0.15%
CORT	B	-0.15%
ILMN	D	-0.15%
ROL	B	-0.15%
BAH	F	-0.15%
CBRE	B	-0.15%
ALKS	B	-0.14%
WAT	B	-0.14%
EXPE	B	-0.14%
BURL	A	-0.14%
NI	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%
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%
TGTX	B	-0.11%
IOVA	F	-0.11%
TSCO	D	-0.11%
NYT	C	-0.11%
DKNG	B	-0.1%
APPF	B	-0.1%
AMED	F	-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%
DLB	B	-0.04%
LNW	D	-0.04%