NXTI vs. FNCL ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to Fidelity MSCI Financials Index ETF (FNCL)
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
FNCL

Fidelity MSCI Financials Index ETF

FNCL Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.47

Average Daily Volume

114,581

Number of Holdings *

380

* may have additional holdings in another (foreign) market
Performance
Period NXTI FNCL
30 Days 5.73% 9.11%
60 Days 7.47% 13.04%
90 Days 10.93% 16.04%
12 Months 49.10%
18 Overlapping Holdings
Symbol Grade Weight in NXTI Weight in FNCL Overlap
ACGL D 0.14% 0.46% 0.14%
AFL B 0.24% 0.74% 0.24%
AIG B 0.2% 0.63% 0.2%
AJG B 0.25% 0.8% 0.25%
ALL A 0.19% 0.64% 0.19%
AMP A 0.22% 0.69% 0.22%
AXP A 0.77% 2.05% 0.77%
BRK.A B 4.18% 7.67% 4.18%
BRO B 0.12% 0.33% 0.12%
BX A 0.77% 1.6% 0.77%
HIG B 0.13% 0.43% 0.13%
MA C 3.02% 5.35% 3.02%
MMC B 0.43% 1.35% 0.43%
PGR A 0.56% 1.87% 0.56%
PRU A 0.18% 0.56% 0.18%
TOST B 0.19% 0.18% 0.18%
TRV B 0.22% 0.73% 0.22%
TW A 0.11% 0.18% 0.11%
NXTI Overweight 179 Positions Relative to FNCL
Symbol Grade Weight
META D 5.28%
WMT A 5.09%
XOM B 3.43%
ADBE C 2.94%
CSCO B 2.73%
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%
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%
NKE D 0.82%
WDAY B 0.81%
UPS C 0.79%
FTNT C 0.77%
AMAT F 0.74%
ADSK A 0.72%
TGT F 0.67%
GEV B 0.66%
TEAM A 0.61%
WMB A 0.59%
LOW D 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%
PH A 0.39%
NET B 0.38%
KR B 0.37%
SHW A 0.36%
CI F 0.36%
ELV F 0.36%
ECL D 0.35%
TRGP B 0.34%
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%
GDDY A 0.31%
KMB D 0.31%
GWW B 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%
IT C 0.24%
RDDT B 0.24%
MDB C 0.24%
SNAP C 0.23%
VLTO D 0.23%
VMC B 0.23%
ZBRA B 0.23%
NWS B 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%
MANH D 0.19%
CVNA B 0.19%
DT C 0.19%
INSP D 0.19%
PSTG D 0.19%
SMMT D 0.19%
BBIO F 0.18%
FAST B 0.18%
EL F 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%
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%
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%
NI A 0.14%
AXSM B 0.14%
XYL D 0.14%
CNC D 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%
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 362 Positions Relative to FNCL
Symbol Grade Weight
JPM A -8.6%
V A -6.01%
BAC A -4.0%
WFC A -3.14%
GS A -2.35%
SPGI C -2.02%
MS A -2.0%
BLK C -1.93%
C A -1.61%
FI A -1.53%
SCHW B -1.5%
CB C -1.37%
KKR A -1.16%
ICE C -1.11%
PYPL B -1.05%
PNC B -1.03%
CME A -0.99%
USB A -0.98%
MCO B -0.98%
AON A -0.91%
COF B -0.87%
APO B -0.81%
TFC A -0.77%
BK A -0.71%
COIN C -0.66%
MET A -0.63%
FIS C -0.61%
MSCI C -0.59%
SQ B -0.58%
DFS B -0.54%
MTB A -0.44%
NDAQ A -0.42%
WTW B -0.4%
FITB A -0.4%
ARES A -0.39%
RJF A -0.39%
GPN B -0.37%
STT A -0.35%
TROW B -0.33%
HBAN A -0.32%
SYF B -0.32%
CPAY A -0.31%
RF A -0.3%
LPLA A -0.29%
CINF A -0.29%
MKL A -0.28%
CFG B -0.27%
NTRS A -0.27%
FCNCA A -0.27%
CBOE B -0.26%
PFG D -0.25%
KEY B -0.23%
WRB A -0.23%
FDS B -0.23%
IBKR A -0.22%
HOOD B -0.21%
L A -0.2%
EG C -0.2%
RGA A -0.19%
EQH B -0.19%
FNF B -0.19%
EWBC A -0.18%
SOFI A -0.17%
RNR C -0.17%
UNM A -0.16%
AFRM B -0.16%
JKHY D -0.16%
AIZ A -0.15%
CG A -0.15%
SF B -0.15%
JEF A -0.15%
EVR B -0.14%
FHN A -0.14%
ERIE D -0.13%
GL B -0.13%
WBS A -0.13%
AFG A -0.13%
KNSL B -0.13%
OWL A -0.13%
PRI A -0.13%
MORN B -0.12%
PNFP B -0.12%
HLI B -0.12%
WAL B -0.12%
ALLY C -0.12%
ORI A -0.12%
MKTX D -0.12%
SNV B -0.11%
CBSH A -0.11%
WTFC A -0.11%
ZION B -0.11%
SEIC B -0.11%
CMA A -0.11%
PB A -0.1%
SSB B -0.1%
VOYA B -0.1%
CFR B -0.1%
JXN C -0.09%
OMF A -0.09%
ONB B -0.09%
RLI B -0.09%
RYAN B -0.09%
BPOP B -0.09%
HLNE B -0.09%
AXS A -0.09%
WEX D -0.09%
JHG A -0.08%
FNB A -0.08%
BEN C -0.08%
GBCI B -0.08%
COOP B -0.08%
COLB A -0.08%
CADE B -0.08%
MTG C -0.08%
FAF A -0.08%
AGNC D -0.08%
RDN C -0.07%
FOUR B -0.07%
UBSI B -0.07%
UMBF B -0.07%
HOMB A -0.07%
LNC B -0.07%
THG A -0.07%
STWD C -0.07%
IVZ B -0.07%
SIGI C -0.07%
ESNT D -0.07%
AMG B -0.07%
PIPR B -0.07%
VLY B -0.06%
ABCB B -0.06%
KMPR B -0.06%
EEFT B -0.06%
CNO A -0.06%
MC C -0.06%
SFBS B -0.06%
SLM A -0.06%
WTM A -0.06%
FFIN B -0.06%
AGO B -0.06%
UPST B -0.06%
TPG A -0.06%
OZK B -0.06%
HWC B -0.06%
WD D -0.05%
BGC C -0.05%
PJT A -0.05%
FHB A -0.05%
STEP B -0.05%
TCBI B -0.05%
ESGR B -0.05%
IBOC A -0.05%
ASB B -0.05%
AX A -0.05%
PFSI D -0.05%
VCTR B -0.04%
HTLF B -0.04%
INDB B -0.04%
GSHD A -0.04%
SFNC B -0.04%
BKU A -0.04%
CACC D -0.04%
BXMT C -0.04%
BOH B -0.04%
NMIH D -0.04%
VIRT B -0.04%
WAFD B -0.04%
CVBF A -0.04%
HASI D -0.04%
PRK B -0.04%
GNW A -0.04%
APAM B -0.04%
FIBK A -0.04%
FHI A -0.04%
CBU B -0.04%
BOKF B -0.04%
FBP B -0.04%
WSFS A -0.04%
AUB B -0.04%
EBC B -0.04%
CATY B -0.04%
FULT A -0.04%
UCB A -0.04%
BHF B -0.04%
SYBT B -0.03%
NATL B -0.03%
AGM C -0.03%
FBK B -0.03%
PRG C -0.03%
FRHC B -0.03%
TRMK B -0.03%
BANC A -0.03%
EVTC B -0.03%
DBRG F -0.03%
MCY A -0.03%
TFIN A -0.03%
RNST B -0.03%
NBTB B -0.03%
EFSC B -0.03%
WSBC A -0.03%
SBCF A -0.03%
IBTX B -0.03%
TBBK B -0.03%
FLYW C -0.03%
BANR B -0.03%
BANF B -0.03%
PPBI B -0.03%
OSCR D -0.03%
WU D -0.03%
PFS B -0.03%
ABR C -0.03%
PLMR B -0.03%
TOWN B -0.03%
CNS B -0.03%
FRME B -0.03%
FFBC A -0.03%
PAYO A -0.03%
ENVA B -0.03%
SNEX B -0.03%
PMT D -0.02%
OCFC B -0.02%
SRCE B -0.02%
EIG B -0.02%
PEBO A -0.02%
ARI C -0.02%
BHLB B -0.02%
RC D -0.02%
ACT D -0.02%
GABC B -0.02%
WT B -0.02%
NAVI C -0.02%
WABC B -0.02%
NBHC B -0.02%
NNI D -0.02%
NIC B -0.02%
HTH B -0.02%
VBTX B -0.02%
CODI B -0.02%
TCBK B -0.02%
LOB B -0.02%
LADR B -0.02%
STBA B -0.02%
SPNT A -0.02%
MQ F -0.02%
QCRH A -0.02%
HOPE B -0.02%
CUBI C -0.02%
HMN B -0.02%
BUSE B -0.02%
CHCO B -0.02%
LMND B -0.02%
RKT F -0.02%
LC A -0.02%
SKWD A -0.02%
DFIN D -0.02%
LKFN B -0.02%
NWBI B -0.02%
SASR B -0.02%
TRUP B -0.02%
VRTS B -0.02%
FCF A -0.02%
FBNC A -0.02%
STC B -0.02%
CASH A -0.02%
OFG B -0.02%
CLBK B -0.01%
HONE B -0.01%
KRNY B -0.01%
CCBG B -0.01%
GDOT D -0.01%
PX A -0.01%
TRTX B -0.01%
GSBC B -0.01%
UFCS B -0.01%
HAFC A -0.01%
TREE F -0.01%
UWMC D -0.01%
NFBK B -0.01%
NRDS C -0.01%
BHB B -0.01%
SPFI B -0.01%
AMBC C -0.01%
TIPT B -0.01%
PGC C -0.01%
KREF D -0.01%
FMNB B -0.01%
TRST A -0.01%
MCB B -0.01%
EZPW A -0.01%
LPRO C -0.01%
FSBC B -0.01%
THFF B -0.01%
CTLP B -0.01%
MSBI B -0.01%
PAY B -0.01%
SMBC B -0.01%
UVE B -0.01%
IIIV C -0.01%
CAC B -0.01%
RBCAA B -0.01%
EQBK A -0.01%
BFH B -0.01%
RPAY D -0.01%
TFSL A -0.01%
IMXI B -0.01%
CPF A -0.01%
BFST C -0.01%
CASS B -0.01%
MCBS B -0.01%
AMTB B -0.01%
FG B -0.01%
CFFN B -0.01%
FCBC B -0.01%
HTBK A -0.01%
CMTG F -0.01%
PRA C -0.01%
PFBC B -0.01%
AMAL B -0.01%
OSBC A -0.01%
EGBN B -0.01%
FMBH B -0.01%
CCB A -0.01%
CFB B -0.01%
WASH C -0.01%
HFWA B -0.01%
TMP B -0.01%
PRAA C -0.01%
BFC B -0.01%
BHRB B -0.01%
HBNC B -0.01%
BRSP B -0.01%
MBIN D -0.01%
BSIG A -0.01%
DX B -0.01%
MBWM B -0.01%
RWT D -0.01%
BY B -0.01%
SBSI B -0.01%
OBK B -0.01%
ECPG B -0.01%
CNOB B -0.01%
EFC C -0.01%
CTBI B -0.01%
CNNE B -0.01%
HCI C -0.01%
IBCP B -0.01%
BRKL B -0.01%
FBMS B -0.01%
UVSP B -0.01%
FBRT C -0.01%
AMSF B -0.01%
PFC A -0.01%
DCOM A -0.01%
SAFT C -0.01%
AROW B -0.0%
RILY F -0.0%
GCBC C -0.0%
DGICA A -0.0%
DHIL A -0.0%
HGTY B -0.0%
HBT B -0.0%
WRLD C -0.0%
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