NXTI vs. BFOR ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to Barron's 400 (BFOR)

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

BFOR

Barron's 400

BFOR Description

The investment seeks investment results that correspond generally, before fees and expenses, to the performance of the Barron's 400 Index (the "underlying index"). The underlying index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. The fund will invest at least 80% of its total assets in the equity securities which comprise the index. The underlying index's stocks are constituents of the MarketGrader U.S. Coverage Universe.

Grade (RS Rating)

Last Trade

$78.80

Average Daily Volume

4,071

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	BFOR
30 Days	5.73%	9.34%
60 Days	7.47%	10.13%
90 Days	10.93%	11.66%
12 Months		38.09%

70 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in BFOR	Overlap
ACGL	D	0.14%	0.2%	0.14%
ADBE	C	2.94%	0.23%	0.23%
ADSK	A	0.72%	0.26%	0.26%
AFL	B	0.24%	0.23%	0.23%
ALL	A	0.19%	0.24%	0.19%
AMAT	F	0.74%	0.22%	0.22%
AMP	A	0.22%	0.29%	0.22%
APP	B	0.54%	0.56%	0.54%
AXP	A	0.77%	0.25%	0.25%
BKNG	A	0.88%	0.28%	0.28%
BKR	B	0.25%	0.29%	0.25%
BRO	B	0.12%	0.24%	0.12%
BURL	A	0.14%	0.22%	0.14%
CACI	D	0.16%	0.23%	0.16%
CHWY	B	0.09%	0.23%	0.09%
CL	D	0.55%	0.2%	0.2%
CORT	B	0.15%	0.32%	0.15%
CTAS	B	0.55%	0.24%	0.24%
CTSH	B	0.47%	0.24%	0.24%
DECK	A	0.14%	0.26%	0.14%
DOV	A	0.12%	0.24%	0.12%
DT	C	0.19%	0.24%	0.19%
EA	A	0.5%	0.26%	0.26%
EBAY	D	0.33%	0.22%	0.22%
ECL	D	0.35%	0.22%	0.22%
EXEL	B	0.29%	0.29%	0.29%
EXPE	B	0.14%	0.31%	0.14%
FAST	B	0.18%	0.27%	0.18%
FDX	B	0.44%	0.22%	0.22%
FFIV	B	0.17%	0.26%	0.17%
FTNT	C	0.77%	0.28%	0.28%
GDDY	A	0.31%	0.28%	0.28%
HIG	B	0.13%	0.23%	0.13%
HSY	F	0.15%	0.2%	0.15%
IBM	C	2.28%	0.22%	0.22%
IT	C	0.24%	0.24%	0.24%
KMB	D	0.31%	0.21%	0.21%
LII	A	0.11%	0.23%	0.11%
LNW	D	0.04%	0.19%	0.04%
MA	C	3.02%	0.24%	0.24%
MANH	D	0.19%	0.24%	0.19%
META	D	5.28%	0.24%	0.24%
MMM	D	0.47%	0.22%	0.22%
MPC	D	0.33%	0.23%	0.23%
MSI	B	0.91%	0.26%	0.26%
NBIX	C	0.4%	0.23%	0.23%
NRG	B	0.17%	0.26%	0.17%
NTAP	C	0.29%	0.23%	0.23%
NYT	C	0.11%	0.23%	0.11%
PANW	C	1.5%	0.27%	0.27%
PAYX	C	0.32%	0.25%	0.25%
PEP	F	1.02%	0.21%	0.21%
PGR	A	0.56%	0.23%	0.23%
PH	A	0.39%	0.26%	0.26%
PLTR	B	0.99%	0.37%	0.37%
RL	B	0.11%	0.26%	0.11%
ROL	B	0.15%	0.22%	0.15%
SYY	B	0.16%	0.22%	0.16%
TGT	F	0.67%	0.23%	0.23%
TGTX	B	0.11%	0.28%	0.11%
TRGP	B	0.34%	0.29%	0.29%
TSCO	D	0.11%	0.23%	0.11%
TW	A	0.11%	0.25%	0.11%
VLTO	D	0.23%	0.21%	0.21%
WDAY	B	0.81%	0.25%	0.25%
WING	D	0.08%	0.19%	0.08%
WMB	A	0.59%	0.28%	0.28%
WSM	B	0.14%	0.21%	0.14%
XOM	B	3.43%	0.25%	0.25%
XYL	D	0.14%	0.21%	0.14%

NXTI Overweight 127 Positions Relative to BFOR

Symbol	Grade	Weight
WMT	A	5.09%
BRK.A	B	4.18%
CSCO	B	2.73%
NOW	A	2.29%
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%
SNPS	B	0.95%
SPOT	B	0.93%
HON	B	0.91%
PM	B	0.9%
CDNS	B	0.87%
NKE	D	0.82%
UPS	C	0.79%
BX	A	0.77%
GEV	B	0.66%
TEAM	A	0.61%
LOW	D	0.59%
ABNB	C	0.58%
FICO	B	0.57%
DDOG	A	0.54%
LRCX	F	0.53%
TT	A	0.52%
ORLY	B	0.49%
ITW	B	0.49%
ALGN	D	0.47%
INCY	C	0.46%
D	C	0.46%
HPQ	B	0.45%
NTRA	B	0.45%
SRPT	D	0.43%
MMC	B	0.43%
DASH	A	0.42%
INSM	C	0.39%
NET	B	0.38%
KR	B	0.37%
SHW	A	0.36%
CI	F	0.36%
ELV	F	0.36%
HUBS	A	0.34%
ZS	C	0.33%
ED	D	0.32%
PEN	B	0.32%
VST	B	0.32%
GWW	B	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%
IOT	A	0.28%
A	D	0.26%
STX	D	0.26%
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%
TRV	B	0.22%
IONS	F	0.22%
NTNX	A	0.21%
MDGL	B	0.2%
CYTK	F	0.2%
BPMC	C	0.2%
AIG	B	0.2%
CVNA	B	0.19%
INSP	D	0.19%
PSTG	D	0.19%
SMMT	D	0.19%
TOST	B	0.19%
BBIO	F	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%
GWRE	A	0.16%
JNPR	F	0.16%
GIS	D	0.16%
HUM	C	0.15%
RARE	D	0.15%
ILMN	D	0.15%
BAH	F	0.15%
CBRE	B	0.15%
LYV	A	0.15%
ALKS	B	0.14%
WAT	B	0.14%
DUOL	A	0.14%
NI	A	0.14%
AXSM	B	0.14%
CNC	D	0.13%
CLX	B	0.13%
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%
GTLB	B	0.11%
IOVA	F	0.11%
PCOR	B	0.11%
DKNG	B	0.1%
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%
DYN	F	0.09%
RS	B	0.09%
DLB	B	0.04%

NXTI Underweight 318 Positions Relative to BFOR

Symbol	Grade	Weight
LEU	C	-0.45%
UAL	A	-0.41%
POWL	C	-0.4%
IESC	B	-0.38%
AGX	B	-0.38%
USLM	A	-0.38%
TPL	A	-0.37%
AXON	A	-0.36%
UPWK	B	-0.34%
PAY	B	-0.34%
STRL	B	-0.33%
RCL	A	-0.32%
VRT	B	-0.32%
AAON	B	-0.32%
APO	B	-0.32%
PAYO	A	-0.32%
RMBS	C	-0.31%
ALSN	B	-0.31%
RJF	A	-0.31%
IDCC	A	-0.31%
WFC	A	-0.31%
CCL	B	-0.31%
SYF	B	-0.31%
IBKR	A	-0.31%
AIT	A	-0.3%
PCTY	B	-0.3%
PAYC	B	-0.3%
PEGA	A	-0.3%
DOCS	C	-0.3%
SFM	A	-0.3%
TILE	B	-0.3%
FLEX	A	-0.29%
NEWT	B	-0.29%
SUM	B	-0.29%
NVDA	C	-0.29%
FIX	A	-0.29%
SNA	A	-0.29%
HLNE	B	-0.29%
MCB	B	-0.29%
SKWD	A	-0.29%
MLI	C	-0.29%
CEIX	A	-0.29%
UNM	A	-0.29%
EWBC	A	-0.29%
LRN	A	-0.28%
PYPL	B	-0.28%
BBW	B	-0.28%
BL	B	-0.28%
NFLX	A	-0.28%
QCRH	A	-0.28%
EME	C	-0.28%
TXRH	C	-0.28%
PPC	C	-0.28%
ZM	B	-0.28%
CRS	A	-0.28%
APOG	B	-0.28%
AX	A	-0.28%
MTB	A	-0.28%
CW	B	-0.27%
TMUS	B	-0.27%
DAKT	B	-0.27%
IBOC	A	-0.27%
UTI	A	-0.27%
ODFL	B	-0.27%
MTDR	B	-0.27%
PFBC	B	-0.27%
NOG	A	-0.27%
QLYS	C	-0.27%
BY	B	-0.27%
CASH	A	-0.27%
NTRS	A	-0.27%
WT	B	-0.27%
FOUR	B	-0.27%
NRP	B	-0.27%
HWM	A	-0.27%
ERII	D	-0.27%
HCKT	B	-0.27%
USAP	B	-0.27%
CSWI	A	-0.27%
MWA	B	-0.27%
FOX	A	-0.27%
AWI	A	-0.27%
CPAY	A	-0.27%
FITB	A	-0.26%
IBCP	B	-0.26%
WHD	B	-0.26%
GOOGL	C	-0.26%
BFC	B	-0.26%
WABC	B	-0.26%
PODD	C	-0.26%
ACIW	B	-0.26%
ITT	A	-0.26%
HCI	C	-0.26%
MGY	A	-0.26%
FN	D	-0.26%
CMPO	A	-0.26%
URI	B	-0.26%
LPX	B	-0.26%
TDY	B	-0.26%
CEG	D	-0.26%
LOPE	B	-0.26%
OZK	B	-0.26%
CUBI	C	-0.26%
PEBO	A	-0.26%
NIC	B	-0.26%
FTI	A	-0.26%
ATR	B	-0.26%
ACMR	F	-0.26%
AMZN	C	-0.26%
OKE	A	-0.26%
ARLP	A	-0.26%
AMAL	B	-0.26%
CVLT	B	-0.26%
FTDR	A	-0.26%
APH	A	-0.26%
TRN	C	-0.26%
FULT	A	-0.26%
OII	B	-0.26%
CNO	A	-0.26%
FCNCA	A	-0.26%
CPRT	A	-0.26%
G	B	-0.26%
CHTR	C	-0.26%
JPM	A	-0.26%
MLR	B	-0.26%
ORRF	B	-0.26%
BR	A	-0.25%
DCI	B	-0.25%
SLVM	B	-0.25%
MRO	B	-0.25%
ANF	C	-0.25%
ISRG	A	-0.25%
RBA	A	-0.25%
HUBB	B	-0.25%
VIRT	B	-0.25%
REVG	B	-0.25%
ANET	C	-0.25%
CINF	A	-0.25%
WLDN	D	-0.25%
YELP	C	-0.25%
FIZZ	C	-0.25%
PLMR	B	-0.25%
ADP	B	-0.25%
WTS	B	-0.25%
IPAR	B	-0.25%
BELFB	C	-0.25%
SRCE	B	-0.25%
UTHR	C	-0.25%
LAUR	A	-0.25%
ORCL	B	-0.25%
MLM	B	-0.25%
CAT	B	-0.25%
IRMD	C	-0.25%
APD	A	-0.25%
FDS	B	-0.25%
FCF	A	-0.25%
INGR	B	-0.25%
MCRI	A	-0.25%
ADMA	B	-0.25%
MBWM	B	-0.25%
DBX	B	-0.25%
SM	B	-0.25%
OSBC	A	-0.25%
EXP	A	-0.25%
AIZ	A	-0.25%
LKFN	B	-0.25%
EOG	A	-0.25%
HES	B	-0.25%
TCMD	A	-0.25%
CBT	C	-0.24%
XPEL	C	-0.24%
CME	A	-0.24%
FBP	B	-0.24%
RGA	A	-0.24%
EPD	A	-0.24%
CMG	B	-0.24%
AAPL	C	-0.24%
FMBH	B	-0.24%
FANG	D	-0.24%
HEI	B	-0.24%
TBBK	B	-0.24%
V	A	-0.24%
AMPY	C	-0.24%
FSS	B	-0.24%
DRI	B	-0.24%
VEEV	C	-0.24%
PLAB	C	-0.24%
OSIS	B	-0.24%
HNI	B	-0.24%
MOD	A	-0.24%
MPLX	A	-0.24%
ET	A	-0.24%
HWKN	B	-0.24%
CPRX	C	-0.24%
GGG	B	-0.24%
WWD	B	-0.24%
SIG	B	-0.24%
CQP	B	-0.24%
CASY	A	-0.24%
CF	B	-0.24%
CSL	C	-0.24%
THC	D	-0.23%
SSNC	B	-0.23%
MSFT	F	-0.23%
STBA	B	-0.23%
DVN	F	-0.23%
TEX	D	-0.23%
DY	D	-0.23%
MCO	B	-0.23%
WEC	A	-0.23%
OFG	B	-0.23%
BRC	D	-0.23%
OTTR	C	-0.23%
TJX	A	-0.23%
CHDN	B	-0.23%
VRSN	F	-0.23%
NOV	C	-0.23%
LNN	B	-0.23%
COR	B	-0.23%
TRIN	A	-0.23%
WRB	A	-0.23%
SCCO	F	-0.23%
COOP	B	-0.23%
TOL	B	-0.23%
GL	B	-0.23%
ZBH	C	-0.23%
JWN	C	-0.23%
THR	B	-0.23%
CHD	B	-0.23%
BMI	B	-0.23%
COST	B	-0.23%
KNSL	B	-0.23%
SBR	B	-0.23%
SYK	C	-0.23%
CWCO	C	-0.22%
CBOE	B	-0.22%
HESM	B	-0.22%
TPH	D	-0.22%
ON	D	-0.22%
WES	C	-0.22%
SHOO	D	-0.22%
CNA	B	-0.22%
IMMR	C	-0.22%
UFPT	B	-0.22%
MSA	D	-0.22%
NEU	C	-0.22%
JKHY	D	-0.22%
BLDR	D	-0.22%
SO	D	-0.22%
RNR	C	-0.22%
SPGI	C	-0.22%
NVR	D	-0.22%
KOS	F	-0.22%
QCOM	F	-0.22%
YETI	C	-0.22%
WFRD	D	-0.21%
MBIN	D	-0.21%
SKX	D	-0.21%
RMD	C	-0.21%
ZTS	D	-0.21%
VITL	D	-0.21%
VAL	D	-0.21%
JNJ	D	-0.21%
PHM	D	-0.21%
HRB	D	-0.21%
IBP	D	-0.21%
TH	C	-0.21%
APA	D	-0.21%
EGY	D	-0.21%
FC	F	-0.21%
ROST	C	-0.21%
COKE	C	-0.21%
MHO	D	-0.21%
AMPH	D	-0.21%
HOLX	D	-0.21%
DVA	B	-0.21%
MEDP	D	-0.21%
NSSC	D	-0.21%
BMRN	D	-0.21%
IPG	D	-0.21%
DKS	C	-0.21%
LEN	D	-0.21%
EG	C	-0.21%
MOH	F	-0.2%
HALO	F	-0.2%
HOG	D	-0.2%
IQV	D	-0.2%
FCN	D	-0.2%
YOU	D	-0.2%
KLAC	D	-0.2%
BOOT	D	-0.2%
GRBK	D	-0.2%
ONTO	D	-0.2%
FMC	D	-0.2%
DFIN	D	-0.2%
WMS	D	-0.2%
HY	D	-0.2%
PTGX	C	-0.2%
AKAM	D	-0.2%
AOS	F	-0.2%
COLL	F	-0.19%
DFH	D	-0.19%
FSLR	F	-0.19%
LLY	F	-0.19%
DHI	D	-0.19%
UHS	D	-0.19%
INSW	F	-0.19%
HRMY	D	-0.19%
HRTG	C	-0.18%
SIGA	F	-0.18%
CRUS	D	-0.18%
CROX	D	-0.17%
LNTH	D	-0.17%
BLBD	D	-0.17%
TDW	F	-0.16%
MPWR	F	-0.15%
ASC	F	-0.15%
REGN	F	-0.15%