NXTI vs. FCTR ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

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

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.76

Average Daily Volume

7,787

Number of Holdings ^*

166

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	FCTR
30 Days	5.73%	9.38%
60 Days	7.47%	12.16%
90 Days	10.93%	17.79%
12 Months		36.88%

55 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in FCTR	Overlap
ACGL	D	0.14%	0.8%	0.14%
ADBE	C	2.94%	0.37%	0.37%
ADSK	A	0.72%	0.42%	0.42%
AFL	B	0.24%	0.4%	0.24%
ALNY	D	1.07%	0.43%	0.43%
APP	B	0.54%	3.82%	0.54%
BKNG	A	0.88%	0.29%	0.29%
BRK.A	B	4.18%	0.24%	0.24%
BRO	B	0.12%	0.94%	0.12%
BX	A	0.77%	0.36%	0.36%
CDNS	B	0.87%	0.54%	0.54%
CL	D	0.55%	1.01%	0.55%
CSCO	B	2.73%	0.25%	0.25%
CTAS	B	0.55%	1.05%	0.55%
DASH	A	0.42%	0.47%	0.42%
DDOG	A	0.54%	0.56%	0.54%
ED	D	0.32%	0.43%	0.32%
FAST	B	0.18%	0.52%	0.18%
FICO	B	0.57%	1.51%	0.57%
GIS	D	0.16%	0.35%	0.16%
GWW	B	0.31%	0.28%	0.28%
HON	B	0.91%	0.24%	0.24%
HSY	F	0.15%	0.19%	0.15%
HUBS	A	0.34%	0.55%	0.34%
IDXX	F	1.04%	0.31%	0.31%
INTU	C	2.08%	0.37%	0.37%
ITW	B	0.49%	0.84%	0.49%
KMB	D	0.31%	0.39%	0.31%
KO	D	1.23%	0.52%	0.52%
LII	A	0.11%	0.37%	0.11%
MA	C	3.02%	1.36%	1.36%
MANH	D	0.19%	0.7%	0.19%
MDB	C	0.24%	0.4%	0.24%
META	D	5.28%	0.45%	0.45%
MMC	B	0.43%	0.54%	0.43%
MNST	C	0.22%	0.19%	0.19%
MSI	B	0.91%	1.73%	0.91%
NET	B	0.38%	0.58%	0.38%
NI	A	0.14%	0.55%	0.14%
NOW	A	2.29%	0.51%	0.51%
ORLY	B	0.49%	0.43%	0.43%
PANW	C	1.5%	0.5%	0.5%
PAYX	C	0.32%	1.42%	0.32%
PEP	F	1.02%	0.2%	0.2%
PGR	A	0.56%	0.48%	0.48%
PH	A	0.39%	0.62%	0.39%
PLTR	B	0.99%	2.43%	0.99%
PPG	F	0.12%	0.41%	0.12%
ROL	B	0.15%	0.9%	0.15%
SNPS	B	0.95%	0.44%	0.44%
SYY	B	0.16%	0.77%	0.16%
TRGP	B	0.34%	0.73%	0.34%
TT	A	0.52%	0.82%	0.52%
VST	B	0.32%	1.86%	0.32%
ZS	C	0.33%	0.53%	0.33%

NXTI Overweight 142 Positions Relative to FCTR

Symbol	Grade	Weight
WMT	A	5.09%
XOM	B	3.43%
IBM	C	2.28%
UNH	C	2.16%
HD	A	1.6%
UBER	D	1.04%
DELL	C	1.03%
SPOT	B	0.93%
PM	B	0.9%
NKE	D	0.82%
WDAY	B	0.81%
UPS	C	0.79%
FTNT	C	0.77%
AXP	A	0.77%
AMAT	F	0.74%
TGT	F	0.67%
GEV	B	0.66%
TEAM	A	0.61%
WMB	A	0.59%
LOW	D	0.59%
ABNB	C	0.58%
LRCX	F	0.53%
EA	A	0.5%
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%
NBIX	C	0.4%
INSM	C	0.39%
KR	B	0.37%
SHW	A	0.36%
CI	F	0.36%
ELV	F	0.36%
ECL	D	0.35%
MPC	D	0.33%
EBAY	D	0.33%
PEN	B	0.32%
GDDY	A	0.31%
CMI	A	0.3%
HSIC	B	0.3%
CDW	F	0.3%
ITCI	C	0.29%
CVS	D	0.29%
NTAP	C	0.29%
PINS	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%
RDDT	B	0.24%
SNAP	C	0.23%
VLTO	D	0.23%
VMC	B	0.23%
ZBRA	B	0.23%
NWS	B	0.22%
AMP	A	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%
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%
FFIV	B	0.17%
NRG	B	0.17%
KEYS	A	0.17%
CACI	D	0.16%
ULTA	F	0.16%
OTIS	C	0.16%
GWRE	A	0.16%
JNPR	F	0.16%
HUM	C	0.15%
RARE	D	0.15%
CORT	B	0.15%
ILMN	D	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%
AXSM	B	0.14%
XYL	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%
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%
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 111 Positions Relative to FCTR

Symbol	Grade	Weight
MSTR	C	-2.06%
AXON	A	-1.45%
BR	A	-1.37%
SYK	C	-1.36%
V	A	-1.34%
ANET	C	-1.24%
ADP	B	-1.1%
ARES	A	-1.04%
APO	B	-1.03%
TDG	D	-0.99%
YUM	B	-0.95%
VRSK	A	-0.93%
HOOD	B	-0.92%
FI	A	-0.92%
ISRG	A	-0.91%
FDS	B	-0.9%
VRSN	F	-0.87%
THC	D	-0.81%
LDOS	C	-0.8%
HWM	A	-0.79%
EME	C	-0.77%
NVDA	C	-0.77%
ICE	C	-0.77%
TPL	A	-0.75%
LLY	F	-0.72%
CRWD	B	-0.68%
KKR	A	-0.68%
AAPL	C	-0.66%
MCD	D	-0.65%
VICI	C	-0.63%
IRM	D	-0.61%
TJX	A	-0.6%
TTD	B	-0.59%
RCL	A	-0.56%
SBAC	D	-0.53%
LNG	B	-0.52%
PG	A	-0.52%
TOL	B	-0.52%
SNOW	C	-0.51%
TTWO	A	-0.51%
PPL	B	-0.51%
ORCL	B	-0.51%
FE	C	-0.5%
SRE	A	-0.5%
ETR	B	-0.5%
MSCI	C	-0.49%
DRI	B	-0.49%
RBLX	C	-0.49%
LNT	A	-0.49%
DUK	C	-0.49%
WEC	A	-0.48%
NFLX	A	-0.47%
SPGI	C	-0.47%
ROST	C	-0.47%
BSX	B	-0.47%
CMS	C	-0.46%
ERIE	D	-0.45%
BLK	C	-0.45%
LMT	D	-0.45%
DPZ	C	-0.45%
AEE	A	-0.45%
SO	D	-0.44%
AVB	B	-0.43%
AVGO	D	-0.43%
EIX	B	-0.43%
ROP	B	-0.42%
KDP	D	-0.42%
PHM	D	-0.42%
GLPI	C	-0.42%
URI	B	-0.41%
AEP	D	-0.41%
O	D	-0.41%
EXC	C	-0.4%
DXCM	D	-0.4%
EQR	B	-0.4%
NOC	D	-0.4%
DTE	C	-0.4%
MDT	D	-0.39%
BDX	F	-0.39%
MCO	B	-0.39%
CARR	D	-0.38%
AWK	D	-0.38%
LW	C	-0.37%
VRTX	F	-0.37%
PWR	A	-0.37%
BSY	D	-0.37%
NVR	D	-0.36%
MSFT	F	-0.36%
OKE	A	-0.36%
PSA	D	-0.34%
AMT	D	-0.34%
COST	B	-0.34%
DHI	D	-0.34%
CSL	C	-0.33%
HCA	F	-0.33%
KLAC	D	-0.32%
RIVN	F	-0.32%
MPWR	F	-0.31%
FCNCA	A	-0.31%
ETN	A	-0.3%
ATO	A	-0.27%
CPAY	A	-0.26%
RSG	A	-0.24%
CHD	B	-0.23%
CB	C	-0.23%
CMG	B	-0.22%
WM	A	-0.22%
AME	A	-0.22%
PCAR	B	-0.19%
MDLZ	F	-0.19%
LECO	B	-0.17%