NXTI vs. BTHM ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to BlackRock Future U.S. Themes ETF (BTHM)

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

BTHM

BlackRock Future U.S. Themes ETF

BTHM Description

BlackRock Future U.S. Themes ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index. The fund employs proprietary research to create its portfolio. BlackRock Future U.S. Themes ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.12

Average Daily Volume

1,481

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	BTHM
30 Days	5.73%	7.97%
60 Days	7.47%	9.77%
90 Days	10.93%	4.47%
12 Months		40.34%

43 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in BTHM	Overlap
ADBE	C	2.94%	0.02%	0.02%
AFL	B	0.24%	0.21%	0.21%
AMAT	F	0.74%	0.34%	0.34%
BAH	F	0.15%	0.48%	0.15%
BKR	B	0.25%	0.13%	0.13%
BRK.A	B	4.18%	2.32%	2.32%
BRO	B	0.12%	0.04%	0.04%
CACI	D	0.16%	0.16%	0.16%
CDNS	B	0.87%	1.4%	0.87%
CDW	F	0.3%	0.01%	0.01%
CL	D	0.55%	1.51%	0.55%
CSCO	B	2.73%	0.67%	0.67%
CTAS	B	0.55%	0.07%	0.07%
DECK	A	0.14%	0.6%	0.14%
ECL	D	0.35%	0.11%	0.11%
FAST	B	0.18%	0.23%	0.18%
FFIV	B	0.17%	0.3%	0.17%
GDDY	A	0.31%	0.62%	0.31%
GPC	D	0.1%	0.03%	0.03%
GWRE	A	0.16%	0.04%	0.04%
GWW	B	0.31%	0.34%	0.31%
KR	B	0.37%	0.24%	0.24%
LII	A	0.11%	0.57%	0.11%
LNW	D	0.04%	0.31%	0.04%
LOW	D	0.59%	1.56%	0.59%
LRCX	F	0.53%	0.32%	0.32%
META	D	5.28%	2.19%	2.19%
MMC	B	0.43%	0.37%	0.37%
MSI	B	0.91%	0.51%	0.51%
NRG	B	0.17%	0.12%	0.12%
NTAP	C	0.29%	0.28%	0.28%
ORLY	B	0.49%	0.18%	0.18%
OTIS	C	0.16%	0.08%	0.08%
PSTG	D	0.19%	1.14%	0.19%
RS	B	0.09%	0.02%	0.02%
SNPS	B	0.95%	0.68%	0.68%
SPOT	B	0.93%	0.25%	0.25%
TRGP	B	0.34%	0.77%	0.34%
TT	A	0.52%	1.18%	0.52%
VLTO	D	0.23%	0.14%	0.14%
VMC	B	0.23%	0.57%	0.23%
WMT	A	5.09%	1.84%	1.84%
WSM	B	0.14%	0.16%	0.14%

NXTI Overweight 154 Positions Relative to BTHM

Symbol	Grade	Weight
XOM	B	3.43%
MA	C	3.02%
NOW	A	2.29%
IBM	C	2.28%
UNH	C	2.16%
INTU	C	2.08%
HD	A	1.6%
PANW	C	1.5%
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%
HON	B	0.91%
PM	B	0.9%
BKNG	A	0.88%
NKE	D	0.82%
WDAY	B	0.81%
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%
ABNB	C	0.58%
FICO	B	0.57%
PGR	A	0.56%
APP	B	0.54%
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%
HPQ	B	0.45%
NTRA	B	0.45%
FDX	B	0.44%
SRPT	D	0.43%
DASH	A	0.42%
NBIX	C	0.4%
INSM	C	0.39%
PH	A	0.39%
NET	B	0.38%
SHW	A	0.36%
CI	F	0.36%
ELV	F	0.36%
HUBS	A	0.34%
MPC	D	0.33%
EBAY	D	0.33%
ZS	C	0.33%
ED	D	0.32%
PAYX	C	0.32%
PEN	B	0.32%
VST	B	0.32%
KMB	D	0.31%
CMI	A	0.3%
HSIC	B	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%
AJG	B	0.25%
IT	C	0.24%
RDDT	B	0.24%
MDB	C	0.24%
SNAP	C	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%
NTNX	A	0.21%
MDGL	B	0.2%
CYTK	F	0.2%
BPMC	C	0.2%
AIG	B	0.2%
MANH	D	0.19%
CVNA	B	0.19%
DT	C	0.19%
INSP	D	0.19%
ALL	A	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%
SYY	B	0.16%
JNPR	F	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%
ROL	B	0.15%
CBRE	B	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%
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%
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%
PCOR	B	0.11%
DKNG	B	0.1%
APPF	B	0.1%
AMED	F	0.1%
ACI	C	0.1%
TXT	D	0.1%
DNLI	D	0.1%
APTV	D	0.1%
CHWY	B	0.09%
DYN	F	0.09%
WING	D	0.08%
DLB	B	0.04%

NXTI Underweight 106 Positions Relative to BTHM

Symbol	Grade	Weight
NVDA	C	-8.88%
MSFT	F	-6.58%
AAPL	C	-4.98%
AMZN	C	-3.58%
TJX	A	-3.01%
COST	B	-2.72%
ROST	C	-2.57%
GE	D	-2.41%
PPC	C	-2.22%
PG	A	-2.2%
APH	A	-2.14%
BSX	B	-1.93%
AVGO	D	-1.67%
CHKP	D	-1.54%
GOOGL	C	-1.14%
GOOG	C	-1.12%
EME	C	-1.06%
TXN	C	-0.99%
SSNC	B	-0.78%
MLI	C	-0.69%
CVLT	B	-0.69%
LIN	D	-0.67%
WCN	A	-0.63%
ORCL	B	-0.63%
ACN	C	-0.61%
DTM	B	-0.6%
FI	A	-0.6%
CAT	B	-0.59%
IR	B	-0.58%
RSG	A	-0.57%
MTZ	B	-0.57%
ADI	D	-0.51%
DY	D	-0.51%
SYK	C	-0.51%
GGG	B	-0.49%
BMI	B	-0.49%
PTC	A	-0.46%
CPRT	A	-0.45%
FIX	A	-0.44%
CLH	B	-0.43%
LECO	B	-0.43%
ITT	A	-0.43%
QCOM	F	-0.43%
NFLX	A	-0.41%
DDS	B	-0.41%
ATR	B	-0.37%
JBL	B	-0.37%
ANF	C	-0.37%
DKS	C	-0.37%
SFM	A	-0.36%
BOX	B	-0.35%
PWR	A	-0.33%
HLT	A	-0.32%
TMHC	B	-0.29%
GRMN	B	-0.27%
SNX	C	-0.27%
ADP	B	-0.27%
HWM	A	-0.27%
PHM	D	-0.27%
FLR	B	-0.26%
MAR	B	-0.24%
HUBB	B	-0.24%
AXS	A	-0.24%
MCK	B	-0.24%
NOC	D	-0.23%
MLM	B	-0.23%
AMD	F	-0.22%
AXON	A	-0.22%
HESM	B	-0.21%
CRUS	D	-0.21%
UFPI	B	-0.2%
CRS	A	-0.2%
SM	B	-0.19%
VRSK	A	-0.18%
OC	A	-0.18%
MUSA	A	-0.17%
EHC	B	-0.17%
ACM	A	-0.16%
AZO	C	-0.15%
SEIC	B	-0.13%
LKQ	D	-0.13%
AMG	B	-0.12%
ESNT	D	-0.12%
VOYA	B	-0.12%
TENB	C	-0.12%
PAG	B	-0.11%
AIT	A	-0.11%
EXP	A	-0.1%
TDW	F	-0.1%
GAP	C	-0.09%
ALSN	B	-0.09%
WM	A	-0.08%
CHD	B	-0.06%
KLAC	D	-0.06%
ZETA	D	-0.05%
FANG	D	-0.05%
JHG	A	-0.04%
NXPI	D	-0.04%
SKX	D	-0.04%
AWI	A	-0.04%
SSD	D	-0.03%
LPX	B	-0.03%
OLED	D	-0.03%
CAH	B	-0.02%
MTSI	B	-0.02%
KLG	C	-0.01%