NXTI vs. ANEW ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to ProShares MSCI Transformational Changes ETF (ANEW)

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

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$46.14

Average Daily Volume

355

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	ANEW
30 Days	5.73%	2.32%
60 Days	7.47%	4.03%
90 Days	10.93%	5.72%
12 Months		28.14%

28 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in ANEW	Overlap
ADBE	C	2.94%	2.05%	2.05%
AMAT	F	0.74%	0.85%	0.74%
BKNG	A	0.88%	2.37%	0.88%
CSCO	B	2.73%	0.64%	0.64%
DASH	A	0.42%	2.89%	0.42%
DKNG	B	0.1%	0.5%	0.1%
DOCU	A	0.18%	0.24%	0.18%
DT	C	0.19%	0.2%	0.19%
EA	A	0.5%	0.68%	0.5%
EBAY	D	0.33%	0.63%	0.33%
FFIV	B	0.17%	0.25%	0.17%
HSIC	B	0.3%	0.18%	0.18%
ILMN	D	0.15%	0.38%	0.15%
INSP	D	0.19%	0.22%	0.19%
JNPR	F	0.16%	0.2%	0.16%
MA	C	3.02%	0.93%	0.93%
META	D	5.28%	2.32%	2.32%
NET	B	0.38%	0.22%	0.22%
NOW	A	2.29%	0.26%	0.26%
NTAP	C	0.29%	0.19%	0.19%
NTNX	A	0.21%	0.17%	0.17%
NTRA	B	0.45%	0.29%	0.29%
PANW	C	1.5%	0.27%	0.27%
PCOR	B	0.11%	0.18%	0.11%
PINS	D	0.29%	0.38%	0.29%
RARE	D	0.15%	0.23%	0.15%
SNAP	C	0.23%	0.37%	0.23%
WDAY	B	0.81%	0.19%	0.19%

NXTI Overweight 169 Positions Relative to ANEW

Symbol	Grade	Weight
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
IBM	C	2.28%
UNH	C	2.16%
INTU	C	2.08%
HD	A	1.6%
KO	D	1.23%
ALNY	D	1.07%
IDXX	F	1.04%
UBER	D	1.04%
DELL	C	1.03%
PEP	F	1.02%
PLTR	B	0.99%
SNPS	B	0.95%
SPOT	B	0.93%
MSI	B	0.91%
HON	B	0.91%
PM	B	0.9%
CDNS	B	0.87%
NKE	D	0.82%
UPS	C	0.79%
FTNT	C	0.77%
AXP	A	0.77%
BX	A	0.77%
ADSK	A	0.72%
TGT	F	0.67%
GEV	B	0.66%
TEAM	A	0.61%
WMB	A	0.59%
LOW	D	0.59%
ABNB	C	0.58%
FICO	B	0.57%
PGR	A	0.56%
CL	D	0.55%
CTAS	B	0.55%
APP	B	0.54%
DDOG	A	0.54%
LRCX	F	0.53%
TT	A	0.52%
ORLY	B	0.49%
ITW	B	0.49%
ALGN	D	0.47%
CTSH	B	0.47%
MMM	D	0.47%
INCY	C	0.46%
D	C	0.46%
HPQ	B	0.45%
FDX	B	0.44%
SRPT	D	0.43%
MMC	B	0.43%
NBIX	C	0.4%
INSM	C	0.39%
PH	A	0.39%
KR	B	0.37%
SHW	A	0.36%
CI	F	0.36%
ELV	F	0.36%
ECL	D	0.35%
TRGP	B	0.34%
HUBS	A	0.34%
MPC	D	0.33%
ZS	C	0.33%
ED	D	0.32%
PAYX	C	0.32%
PEN	B	0.32%
VST	B	0.32%
GDDY	A	0.31%
KMB	D	0.31%
GWW	B	0.31%
CMI	A	0.3%
CDW	F	0.3%
ITCI	C	0.29%
CVS	D	0.29%
EXEL	B	0.29%
IOT	A	0.28%
A	D	0.26%
STX	D	0.26%
BKR	B	0.25%
AJG	B	0.25%
IT	C	0.24%
AFL	B	0.24%
RDDT	B	0.24%
MDB	C	0.24%
VLTO	D	0.23%
VMC	B	0.23%
ZBRA	B	0.23%
NWS	B	0.22%
AMP	A	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%
MANH	D	0.19%
CVNA	B	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%
PRU	A	0.18%
DD	D	0.18%
MTD	D	0.18%
BBY	D	0.18%
NRG	B	0.17%
KEYS	A	0.17%
CACI	D	0.16%
ULTA	F	0.16%
OTIS	C	0.16%
GWRE	A	0.16%
SYY	B	0.16%
GIS	D	0.16%
HUM	C	0.15%
CORT	B	0.15%
HSY	F	0.15%
ROL	B	0.15%
BAH	F	0.15%
CBRE	B	0.15%
LYV	A	0.15%
DECK	A	0.14%
ALKS	B	0.14%
WAT	B	0.14%
DUOL	A	0.14%
WSM	B	0.14%
EXPE	B	0.14%
BURL	A	0.14%
NI	A	0.14%
AXSM	B	0.14%
XYL	D	0.14%
ACGL	D	0.14%
CNC	D	0.13%
HIG	B	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%
TER	D	0.12%
APLS	D	0.12%
MTCH	D	0.12%
PPG	F	0.12%
BRO	B	0.12%
TW	A	0.11%
GTLB	B	0.11%
TGTX	B	0.11%
IOVA	F	0.11%
RL	B	0.11%
TSCO	D	0.11%
NYT	C	0.11%
LII	A	0.11%
APPF	B	0.1%
AMED	F	0.1%
ACI	C	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%
RS	B	0.09%
WING	D	0.08%
DLB	B	0.04%
LNW	D	0.04%

NXTI Underweight 96 Positions Relative to ANEW

Symbol	Grade	Weight
NVDA	C	-2.89%
ISRG	A	-2.49%
NFLX	A	-2.39%
AAPL	C	-2.23%
BSX	B	-2.17%
AMZN	C	-2.16%
ABT	B	-2.1%
ABBV	D	-1.94%
BABA	D	-1.93%
DE	A	-1.92%
MKC	D	-1.89%
CTVA	C	-1.89%
MSFT	F	-1.86%
IFF	D	-1.71%
DHR	F	-1.69%
GOOGL	C	-1.66%
AVGO	D	-1.6%
MRK	F	-1.4%
SFM	A	-1.21%
BDX	F	-1.11%
V	A	-1.04%
FMC	D	-0.94%
CNH	C	-0.92%
AGCO	D	-0.79%
SE	B	-0.75%
EW	C	-0.67%
TTWO	A	-0.64%
ORCL	B	-0.61%
OMC	C	-0.59%
RMD	C	-0.58%
TCOM	B	-0.58%
QCOM	F	-0.56%
ZD	C	-0.55%
ANSS	B	-0.55%
DXCM	D	-0.49%
SMPL	B	-0.48%
WST	C	-0.42%
NEOG	F	-0.41%
SMG	D	-0.4%
SXT	B	-0.38%
DOCS	C	-0.36%
MSTR	C	-0.36%
CRM	B	-0.34%
AMD	F	-0.34%
DGX	A	-0.3%
CVLT	B	-0.28%
HOOD	B	-0.27%
QTWO	A	-0.27%
GH	B	-0.25%
PYPL	B	-0.24%
SMAR	A	-0.24%
GMED	A	-0.24%
PRCT	B	-0.24%
BOX	B	-0.23%
CCOI	B	-0.23%
CYBR	B	-0.22%
MRNA	F	-0.22%
COIN	C	-0.22%
BL	B	-0.21%
SMTC	B	-0.21%
KTOS	B	-0.21%
DBX	B	-0.21%
CHKP	D	-0.21%
PCTY	B	-0.21%
VRNS	D	-0.21%
GEN	B	-0.21%
HPE	B	-0.21%
RIOT	C	-0.2%
NOVT	D	-0.2%
EQIX	A	-0.2%
ALTR	B	-0.2%
BLKB	B	-0.19%
TECH	D	-0.19%
CRWD	B	-0.18%
ENOV	C	-0.18%
AI	B	-0.18%
QGEN	D	-0.18%
AKAM	D	-0.17%
CRSP	D	-0.17%
IRDM	D	-0.17%
TENB	C	-0.17%
TWST	D	-0.17%
MARA	C	-0.17%
EEFT	B	-0.16%
MEDP	D	-0.16%
SLAB	D	-0.15%
NXPI	D	-0.15%
SYNA	C	-0.15%
CGNX	C	-0.15%
OKTA	C	-0.14%
CLSK	C	-0.14%
IDYA	F	-0.14%
TMDX	F	-0.13%
FIVN	C	-0.13%
ACHC	F	-0.12%
TNDM	F	-0.11%