NXTI vs. FDWM ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to Fidelity Women's Leadership ETF (FDWM)

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

FDWM

Fidelity Women's Leadership ETF

FDWM Description

The investment seeks long-term growth of capital. The Advisor normally invests at least 80% of assets in equity securities of companies that prioritize and advance women's leadership and development. The Adviser may invest the fund's assets in securities of foreign issuers in addition to securities of domestic issuers. The fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.72

Average Daily Volume

241

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	FDWM
30 Days	5.73%	2.79%
60 Days	7.47%	2.73%
90 Days	10.93%	4.82%
12 Months		24.93%

28 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in FDWM	Overlap
ADBE	C	2.94%	1.32%	1.32%
ALNY	D	1.07%	1.0%	1.0%
BBY	D	0.18%	0.61%	0.18%
BKR	B	0.25%	1.04%	0.25%
CDW	F	0.3%	1.23%	0.3%
CI	F	0.36%	1.69%	0.36%
CLX	B	0.13%	0.83%	0.13%
CNC	D	0.13%	1.13%	0.13%
DELL	C	1.03%	0.53%	0.53%
EL	F	0.18%	0.8%	0.18%
ELV	F	0.36%	0.92%	0.36%
GEV	B	0.66%	0.96%	0.66%
HIG	B	0.13%	1.04%	0.13%
HSY	F	0.15%	0.5%	0.15%
HUBS	A	0.34%	1.21%	0.34%
INTU	C	2.08%	0.85%	0.85%
LOW	D	0.59%	0.54%	0.54%
MA	C	3.02%	1.09%	1.09%
MMC	B	0.43%	0.93%	0.43%
NKE	D	0.82%	0.37%	0.37%
OTIS	C	0.16%	0.71%	0.16%
PGR	A	0.56%	1.73%	0.56%
PH	A	0.39%	0.87%	0.39%
PINS	D	0.29%	0.55%	0.29%
ULTA	F	0.16%	0.94%	0.16%
UPS	C	0.79%	0.77%	0.77%
VLTO	D	0.23%	0.42%	0.23%
WSM	B	0.14%	1.4%	0.14%

NXTI Overweight 169 Positions Relative to FDWM

Symbol	Grade	Weight
META	D	5.28%
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
CSCO	B	2.73%
NOW	A	2.29%
IBM	C	2.28%
UNH	C	2.16%
HD	A	1.6%
PANW	C	1.5%
KO	D	1.23%
IDXX	F	1.04%
UBER	D	1.04%
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%
BKNG	A	0.88%
CDNS	B	0.87%
WDAY	B	0.81%
FTNT	C	0.77%
AXP	A	0.77%
BX	A	0.77%
AMAT	F	0.74%
ADSK	A	0.72%
TGT	F	0.67%
TEAM	A	0.61%
WMB	A	0.59%
ABNB	C	0.58%
FICO	B	0.57%
CL	D	0.55%
CTAS	B	0.55%
APP	B	0.54%
DDOG	A	0.54%
LRCX	F	0.53%
TT	A	0.52%
EA	A	0.5%
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%
NTRA	B	0.45%
FDX	B	0.44%
SRPT	D	0.43%
DASH	A	0.42%
NBIX	C	0.4%
INSM	C	0.39%
NET	B	0.38%
KR	B	0.37%
SHW	A	0.36%
ECL	D	0.35%
TRGP	B	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%
GDDY	A	0.31%
KMB	D	0.31%
GWW	B	0.31%
CMI	A	0.3%
HSIC	B	0.3%
ITCI	C	0.29%
CVS	D	0.29%
NTAP	C	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%
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%
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%
PSTG	D	0.19%
SMMT	D	0.19%
TOST	B	0.19%
BBIO	F	0.18%
FAST	B	0.18%
PRU	A	0.18%
DOCU	A	0.18%
DD	D	0.18%
MTD	D	0.18%
FFIV	B	0.17%
NRG	B	0.17%
KEYS	A	0.17%
CACI	D	0.16%
GWRE	A	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%
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%
EXPE	B	0.14%
BURL	A	0.14%
NI	A	0.14%
AXSM	B	0.14%
XYL	D	0.14%
ACGL	D	0.14%
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%
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 73 Positions Relative to FDWM

Symbol	Grade	Weight
AAPL	C	-4.35%
MSFT	F	-3.66%
NVDA	C	-3.24%
GOOG	C	-2.61%
AMZN	C	-2.56%
ACN	C	-2.03%
DIS	B	-1.93%
HOLX	D	-1.76%
CRM	B	-1.62%
JPM	A	-1.5%
ANET	C	-1.41%
AMD	F	-1.19%
VTR	C	-1.16%
NXPI	D	-1.16%
BAC	A	-1.11%
PODD	C	-1.1%
MRVL	B	-1.08%
NEE	D	-1.0%
WEX	D	-0.99%
C	A	-0.98%
FSLR	F	-0.98%
NDAQ	A	-0.95%
ETN	A	-0.94%
LDOS	C	-0.94%
GEN	B	-0.93%
TMHC	B	-0.92%
DE	A	-0.92%
MU	D	-0.87%
FIS	C	-0.82%
ZTS	D	-0.78%
CBT	C	-0.78%
HLT	A	-0.78%
NSIT	F	-0.76%
PSA	D	-0.75%
FSS	B	-0.74%
SAIC	F	-0.71%
RRX	B	-0.7%
BALL	D	-0.69%
MRK	F	-0.68%
GSK	F	-0.67%
AR	B	-0.66%
NFLX	A	-0.66%
HBAN	A	-0.65%
ETSY	D	-0.64%
EMN	D	-0.62%
ICLR	D	-0.61%
EXAS	D	-0.61%
VRTX	F	-0.59%
CE	F	-0.57%
OLED	D	-0.57%
SUM	B	-0.57%
USB	A	-0.56%
OXY	D	-0.55%
SBUX	A	-0.55%
EQT	B	-0.52%
NVT	B	-0.51%
TPR	B	-0.51%
ATI	D	-0.51%
BG	F	-0.47%
MAN	D	-0.47%
WRBY	B	-0.45%
MTN	C	-0.44%
RUN	F	-0.36%
AMN	F	-0.36%
ARCB	C	-0.34%
ZLAB	C	-0.31%
PD	C	-0.29%
ELF	C	-0.28%
GAP	C	-0.24%
RDUS	C	-0.24%
SEDG	F	-0.21%
MLKN	D	-0.2%
SAGE	F	-0.08%