NXTI vs. ESMV ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to iShares ESG MSCI USA Min Vol Factor ETF (ESMV)

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

ESMV

iShares ESG MSCI USA Min Vol Factor ETF

ESMV Description

iShares ESG MSCI USA Min Vol Factor ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in less volatile stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the MSCI USA Minimum Volatility Extended ESG Reduced Carbon Target Index, by using representative sampling technique. iShares ESG MSCI USA Min Vol Factor ETF is domiciled in the United States

Grade (RS Rating)

Last Trade

$29.49

Average Daily Volume

4,983

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	ESMV
30 Days	5.73%	2.11%
60 Days	7.47%	2.84%
90 Days	10.93%	4.91%
12 Months		24.44%

60 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in ESMV	Overlap
ADBE	C	2.94%	0.93%	0.93%
ADSK	A	0.72%	0.23%	0.23%
AJG	B	0.25%	0.25%	0.25%
ALNY	D	1.07%	0.28%	0.28%
CBRE	B	0.15%	0.51%	0.15%
CDNS	B	0.87%	1.11%	0.87%
CI	F	0.36%	0.44%	0.36%
CL	D	0.55%	1.21%	0.55%
CLX	B	0.13%	0.34%	0.13%
CSCO	B	2.73%	1.48%	1.48%
CTSH	B	0.47%	0.3%	0.3%
DECK	A	0.14%	0.41%	0.14%
EA	A	0.5%	1.31%	0.5%
ECL	D	0.35%	0.32%	0.32%
ED	D	0.32%	1.26%	0.32%
ELV	F	0.36%	0.51%	0.36%
FAST	B	0.18%	0.08%	0.08%
FFIV	B	0.17%	0.12%	0.12%
FICO	B	0.57%	0.54%	0.54%
GDDY	A	0.31%	0.19%	0.19%
GIS	D	0.16%	1.22%	0.16%
GWW	B	0.31%	1.68%	0.31%
HD	A	1.6%	1.39%	1.39%
HON	B	0.91%	0.69%	0.69%
HUBS	A	0.34%	0.77%	0.34%
HUM	C	0.15%	0.31%	0.15%
IBM	C	2.28%	1.66%	1.66%
INCY	C	0.46%	0.26%	0.26%
INTU	C	2.08%	0.18%	0.18%
IT	C	0.24%	0.72%	0.24%
JNPR	F	0.16%	0.45%	0.16%
K	A	0.12%	0.86%	0.12%
KEYS	A	0.17%	0.83%	0.17%
KMB	D	0.31%	0.55%	0.31%
KO	D	1.23%	0.79%	0.79%
KR	B	0.37%	1.09%	0.37%
LOW	D	0.59%	0.89%	0.59%
MA	C	3.02%	0.97%	0.97%
MMC	B	0.43%	1.4%	0.43%
MPC	D	0.33%	0.1%	0.1%
MSI	B	0.91%	1.81%	0.91%
NOW	A	2.29%	0.17%	0.17%
NTAP	C	0.29%	0.15%	0.15%
OTIS	C	0.16%	0.21%	0.16%
PEP	F	1.02%	1.01%	1.01%
PGR	A	0.56%	1.33%	0.56%
SNPS	B	0.95%	0.33%	0.33%
STX	D	0.26%	0.36%	0.26%
TEAM	A	0.61%	0.14%	0.14%
TRGP	B	0.34%	0.82%	0.34%
TRV	B	0.22%	1.64%	0.22%
TSCO	D	0.11%	0.27%	0.11%
TT	A	0.52%	1.23%	0.52%
UBER	D	1.04%	0.42%	0.42%
ULTA	F	0.16%	0.17%	0.16%
UNH	C	2.16%	1.36%	1.36%
UPS	C	0.79%	0.15%	0.15%
VLTO	D	0.23%	1.01%	0.23%
WDAY	B	0.81%	0.77%	0.77%
XYL	D	0.14%	0.25%	0.14%

NXTI Overweight 137 Positions Relative to ESMV

Symbol	Grade	Weight
META	D	5.28%
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
PANW	C	1.5%
IDXX	F	1.04%
DELL	C	1.03%
PLTR	B	0.99%
SPOT	B	0.93%
PM	B	0.9%
BKNG	A	0.88%
NKE	D	0.82%
FTNT	C	0.77%
AXP	A	0.77%
BX	A	0.77%
AMAT	F	0.74%
TGT	F	0.67%
GEV	B	0.66%
WMB	A	0.59%
ABNB	C	0.58%
CTAS	B	0.55%
APP	B	0.54%
DDOG	A	0.54%
LRCX	F	0.53%
ORLY	B	0.49%
ITW	B	0.49%
ALGN	D	0.47%
MMM	D	0.47%
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%
EBAY	D	0.33%
ZS	C	0.33%
PAYX	C	0.32%
PEN	B	0.32%
VST	B	0.32%
CMI	A	0.3%
HSIC	B	0.3%
CDW	F	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%
BKR	B	0.25%
AFL	B	0.24%
RDDT	B	0.24%
MDB	C	0.24%
SNAP	C	0.23%
VMC	B	0.23%
ZBRA	B	0.23%
NWS	B	0.22%
AMP	A	0.22%
MNST	C	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%
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%
NRG	B	0.17%
CACI	D	0.16%
GWRE	A	0.16%
SYY	B	0.16%
RARE	D	0.15%
CORT	B	0.15%
ILMN	D	0.15%
HSY	F	0.15%
ROL	B	0.15%
BAH	F	0.15%
LYV	A	0.15%
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%
ACGL	D	0.14%
CNC	D	0.13%
HIG	B	0.13%
DOV	A	0.12%
AVY	D	0.12%
EXPD	D	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%
NYT	C	0.11%
LII	A	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%
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 90 Positions Relative to ESMV

Symbol	Grade	Weight
NVDA	C	-1.69%
TMUS	B	-1.65%
PEG	A	-1.64%
WM	A	-1.44%
NOC	D	-1.43%
ADP	B	-1.43%
TXN	C	-1.39%
VRTX	F	-1.39%
MCK	B	-1.38%
VZ	C	-1.37%
MSFT	F	-1.34%
ACN	C	-1.33%
ROP	B	-1.31%
HES	B	-1.3%
FERG	B	-1.3%
GILD	C	-1.29%
LLY	F	-1.25%
OKE	A	-1.24%
AMGN	D	-1.2%
ORCL	B	-1.19%
V	A	-1.13%
SPGI	C	-1.07%
PG	A	-1.06%
MCD	D	-1.02%
MRK	F	-1.01%
NEM	D	-0.99%
JNJ	D	-0.97%
PTC	A	-0.78%
COR	B	-0.77%
HPE	B	-0.75%
CRH	A	-0.75%
CRM	B	-0.74%
EQIX	A	-0.74%
DGX	A	-0.7%
REGN	F	-0.65%
ZTS	D	-0.63%
CMS	C	-0.58%
SRE	A	-0.53%
AAPL	C	-0.52%
HOLX	D	-0.51%
NEE	D	-0.5%
CHRW	C	-0.49%
MELI	D	-0.44%
RTX	C	-0.43%
CME	A	-0.43%
AZO	C	-0.41%
CHD	B	-0.41%
ODFL	B	-0.4%
ES	D	-0.4%
T	A	-0.4%
ICE	C	-0.39%
YUM	B	-0.39%
GEN	B	-0.38%
HRL	D	-0.35%
KHC	F	-0.34%
FI	A	-0.34%
INTC	D	-0.34%
CVX	A	-0.34%
AMCR	D	-0.34%
CPB	D	-0.33%
NXPI	D	-0.32%
VRSN	F	-0.32%
PSX	C	-0.32%
CNH	C	-0.31%
BR	A	-0.31%
AKAM	D	-0.3%
LKQ	D	-0.3%
BMY	B	-0.28%
JCI	C	-0.24%
FCNCA	A	-0.24%
AWK	D	-0.22%
FSLR	F	-0.19%
AIZ	A	-0.19%
RSG	A	-0.18%
WTW	B	-0.17%
AZPN	A	-0.17%
KDP	D	-0.16%
DPZ	C	-0.13%
JKHY	D	-0.13%
MKC	D	-0.12%
SOLV	C	-0.11%
LDOS	C	-0.11%
LIN	D	-0.1%
CMCSA	B	-0.09%
CAH	B	-0.08%
KNX	B	-0.07%
TJX	A	-0.06%
HII	D	-0.06%
AON	A	-0.06%
EXC	C	-0.05%