NXTI vs. FSMD ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to Fidelity Small-Mid Factor ETF (FSMD)
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
FSMD

Fidelity Small-Mid Factor ETF

FSMD Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$44.30

Average Daily Volume

86,159

Number of Holdings *

577

* may have additional holdings in another (foreign) market
Performance
Period NXTI FSMD
30 Days 5.73% 7.37%
60 Days 7.47% 7.55%
90 Days 10.93% 9.10%
12 Months 35.46%
29 Overlapping Holdings
Symbol Grade Weight in NXTI Weight in FSMD Overlap
ACI C 0.1% 0.19% 0.1%
ALKS B 0.14% 0.16% 0.14%
AMED F 0.1% 0.12% 0.1%
APPF B 0.1% 0.16% 0.1%
BPMC C 0.2% 0.17% 0.17%
CACI D 0.16% 0.22% 0.16%
CORT B 0.15% 0.2% 0.15%
DLB B 0.04% 0.16% 0.04%
DUOL A 0.14% 0.35% 0.14%
EXEL B 0.29% 0.28% 0.28%
GWRE A 0.16% 0.36% 0.16%
HSIC B 0.3% 0.23% 0.23%
INCY C 0.46% 0.27% 0.27%
JNPR F 0.16% 0.26% 0.16%
LII A 0.11% 0.39% 0.11%
LYV A 0.15% 0.45% 0.15%
MANH D 0.19% 0.35% 0.19%
MTCH D 0.12% 0.2% 0.12%
NBIX C 0.4% 0.26% 0.26%
NRG B 0.17% 0.43% 0.17%
NTNX A 0.21% 0.38% 0.21%
NTRA B 0.45% 0.44% 0.44%
NYT C 0.11% 0.23% 0.11%
PSTG D 0.19% 0.31% 0.19%
RL B 0.11% 0.22% 0.11%
ROL B 0.15% 0.29% 0.15%
SRPT D 0.43% 0.23% 0.23%
TW A 0.11% 0.35% 0.11%
WING D 0.08% 0.22% 0.08%
NXTI Overweight 168 Positions Relative to FSMD
Symbol Grade Weight
META D 5.28%
WMT A 5.09%
BRK.A B 4.18%
XOM B 3.43%
MA C 3.02%
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%
AXP A 0.77%
BX A 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%
PGR A 0.56%
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%
D C 0.46%
HPQ B 0.45%
FDX B 0.44%
MMC B 0.43%
DASH A 0.42%
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%
CDW F 0.3%
ITCI C 0.29%
CVS D 0.29%
NTAP C 0.29%
PINS D 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%
AFL B 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%
AMP A 0.22%
MNST C 0.22%
TRV B 0.22%
IONS F 0.22%
MDGL B 0.2%
CYTK F 0.2%
AIG B 0.2%
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%
FAST B 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%
KEYS A 0.17%
ULTA F 0.16%
OTIS C 0.16%
SYY B 0.16%
GIS D 0.16%
HUM C 0.15%
RARE D 0.15%
ILMN D 0.15%
HSY F 0.15%
BAH F 0.15%
CBRE B 0.15%
DECK A 0.14%
WAT B 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%
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%
PPG F 0.12%
BRO B 0.12%
GTLB B 0.11%
TGTX B 0.11%
IOVA F 0.11%
TSCO D 0.11%
PCOR B 0.11%
DKNG B 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%
LNW D 0.04%
NXTI Underweight 548 Positions Relative to FSMD
Symbol Grade Weight
TPL A -0.6%
EME C -0.47%
IBKR A -0.44%
SNA A -0.38%
RPM A -0.36%
FIX A -0.36%
UTHR C -0.35%
PNR A -0.35%
TOL B -0.34%
WSO A -0.34%
L A -0.33%
SFM A -0.33%
NWSA B -0.33%
EWBC A -0.33%
OC A -0.33%
RGA A -0.32%
EQH B -0.32%
SW A -0.32%
CASY A -0.32%
THC D -0.32%
GGG B -0.31%
TPR B -0.31%
RNR C -0.31%
ACM A -0.31%
FTI A -0.3%
DTM B -0.3%
CW B -0.3%
UNM A -0.3%
SCI B -0.29%
SF B -0.29%
TXRH C -0.29%
REG B -0.28%
AIZ A -0.28%
CPT B -0.28%
ELS C -0.28%
NDSN B -0.28%
ITT A -0.27%
AMH D -0.27%
EVR B -0.27%
FHN A -0.27%
JLL D -0.27%
CHRW C -0.27%
BWXT B -0.27%
OWL A -0.27%
BRBR A -0.26%
LAMR D -0.26%
ALLE D -0.26%
ATR B -0.26%
CLH B -0.26%
UHS D -0.26%
WBS A -0.26%
NVT B -0.26%
BXP D -0.26%
WAL B -0.25%
EHC B -0.25%
LECO B -0.25%
EXP A -0.25%
DOCS C -0.25%
SOLV C -0.25%
BSY D -0.25%
MLI C -0.25%
GMED A -0.25%
CIEN B -0.25%
BJ A -0.25%
CUBE D -0.25%
KNSL B -0.25%
DKS C -0.25%
TAP C -0.25%
PRI A -0.25%
HLI B -0.25%
AYI B -0.24%
ORI A -0.24%
WWD B -0.24%
GL B -0.24%
MUSA A -0.24%
BLD D -0.24%
OGE B -0.24%
OHI C -0.24%
AAON B -0.24%
ERIE D -0.24%
PLNT A -0.24%
CMA A -0.24%
MASI A -0.24%
ALSN B -0.24%
CNX A -0.24%
AIT A -0.24%
WTFC A -0.23%
TTEK F -0.23%
CHDN B -0.23%
PCVX D -0.23%
TPX B -0.23%
HLNE B -0.23%
DVA B -0.23%
BRX A -0.23%
AFG A -0.23%
ZION B -0.23%
DOX D -0.23%
RGLD C -0.23%
INGR B -0.23%
ENSG D -0.22%
VOYA B -0.22%
ADMA B -0.22%
SNX C -0.22%
WH B -0.22%
ALLY C -0.22%
RBC A -0.22%
CBSH A -0.22%
SEIC B -0.22%
MORN B -0.22%
SNV B -0.22%
TFX F -0.21%
HRL D -0.21%
RLI B -0.21%
CVLT B -0.21%
ADC B -0.21%
MTSI B -0.21%
CHRD D -0.21%
QTWO A -0.21%
GPK C -0.21%
FN D -0.21%
DCI B -0.21%
CHE D -0.21%
GKOS B -0.21%
REXR F -0.21%
AXTA A -0.21%
CR A -0.21%
FRT B -0.21%
BWA D -0.2%
KD B -0.2%
JXN C -0.2%
AXS A -0.2%
ONTO D -0.2%
SKX D -0.2%
TMHC B -0.2%
BERY B -0.2%
CRBG B -0.2%
G B -0.2%
MMSI B -0.2%
FLS B -0.2%
EXLS B -0.2%
STRL B -0.2%
CPB D -0.2%
RDNT B -0.2%
HRB D -0.2%
NNN D -0.2%
WMG C -0.19%
AWI A -0.19%
ALV C -0.19%
THG A -0.19%
GEO B -0.19%
ANF C -0.19%
WMS D -0.19%
COOP B -0.19%
ALTR B -0.19%
BPOP B -0.19%
ESAB B -0.19%
MGY A -0.19%
NFG A -0.19%
PRCT B -0.19%
TDS B -0.19%
UFPI B -0.19%
DBX B -0.19%
RHI B -0.19%
ELAN D -0.19%
TTC D -0.19%
OMF A -0.19%
MEDP D -0.19%
AOS F -0.19%
EWTX C -0.19%
MTH D -0.18%
OSK B -0.18%
CEIX A -0.18%
SUM B -0.18%
CNM D -0.18%
SIGI C -0.18%
ESTC C -0.18%
UMBF B -0.18%
KNF A -0.18%
EPRT B -0.18%
MHK D -0.18%
DINO D -0.18%
SSD D -0.18%
VMI B -0.18%
FR C -0.18%
PIPR B -0.18%
BMI B -0.18%
R B -0.18%
ACIW B -0.18%
MTN C -0.18%
CSWI A -0.18%
CMC B -0.18%
GNTX C -0.18%
RGEN D -0.18%
MTG C -0.18%
MIR A -0.17%
ITGR B -0.17%
WFRD D -0.17%
PI D -0.17%
BKH A -0.17%
QLYS C -0.17%
ESNT D -0.17%
DORM B -0.17%
SMLR B -0.17%
NOVT D -0.17%
LNTH D -0.17%
FTDR A -0.17%
FCN D -0.17%
NXST C -0.17%
SLM A -0.17%
SN D -0.17%
UGI A -0.17%
ACLX C -0.17%
VNT B -0.17%
MOG.A B -0.17%
BFAM D -0.17%
SPSC C -0.17%
TREX C -0.17%
LRN A -0.17%
GPI A -0.17%
BYD C -0.17%
STAG F -0.17%
ESI A -0.17%
OLED D -0.17%
AROC B -0.17%
AMG B -0.17%
CBT C -0.17%
IDCC A -0.17%
CROX D -0.16%
CALM A -0.16%
ASB B -0.16%
CNO A -0.16%
CTRE D -0.16%
ZD C -0.16%
BTU B -0.16%
TGNA B -0.16%
PEGA A -0.16%
MATX C -0.16%
LOPE B -0.16%
VIRT B -0.16%
SKYW B -0.16%
ALE A -0.16%
MSA D -0.16%
VRNS D -0.16%
HALO F -0.16%
CUZ B -0.16%
ROAD A -0.16%
SR A -0.16%
POST C -0.16%
OZK B -0.16%
LSTR D -0.16%
COKE C -0.16%
PRIM A -0.16%
SAIC F -0.16%
HII D -0.16%
PBH A -0.16%
ZWS B -0.16%
PLXS B -0.16%
KTB B -0.16%
BCPC B -0.16%
ARW D -0.16%
KBH D -0.16%
GHC C -0.15%
IBOC A -0.15%
KRC C -0.15%
HAE C -0.15%
SLGN A -0.15%
CHH A -0.15%
SON D -0.15%
FULT A -0.15%
BRKR D -0.15%
IBP D -0.15%
CRVL A -0.15%
CRUS D -0.15%
FSS B -0.15%
HIMS B -0.15%
FHI A -0.15%
KAI A -0.15%
SANM B -0.15%
TENB C -0.15%
BGC C -0.15%
CRNX C -0.15%
NWE B -0.15%
CIVI D -0.15%
PJT A -0.15%
IESC B -0.15%
BCC B -0.15%
TNL A -0.15%
CVCO A -0.15%
AGX B -0.15%
CATY B -0.15%
AVT C -0.15%
EEFT B -0.15%
AX A -0.15%
AGCO D -0.15%
ABG B -0.15%
RDN C -0.15%
WTS B -0.15%
OLLI D -0.15%
ACA A -0.15%
PRGS A -0.14%
HCC B -0.14%
EXPO D -0.14%
SLVM B -0.14%
GTES A -0.14%
ENVA B -0.14%
AVA A -0.14%
DEI B -0.14%
WDFC B -0.14%
TPH D -0.14%
FLO D -0.14%
AGR B -0.14%
PLMR B -0.14%
APAM B -0.14%
CXW B -0.14%
MWA B -0.14%
GNW A -0.14%
POWL C -0.14%
ATGE B -0.14%
DXC B -0.14%
CPRX C -0.14%
VCTR B -0.14%
USLM A -0.14%
VCEL B -0.14%
IDT B -0.14%
ESGR B -0.14%
SNEX B -0.14%
VVV F -0.14%
DY D -0.14%
MHO D -0.14%
KRYS B -0.14%
GPOR B -0.14%
SEM B -0.14%
NSA D -0.13%
MCY A -0.13%
VSTO A -0.13%
WKC D -0.13%
NEU C -0.13%
NMIH D -0.13%
BNL D -0.13%
CASH A -0.13%
FUL F -0.13%
WEN D -0.13%
WLK D -0.13%
CBZ B -0.13%
KFY B -0.13%
WU D -0.13%
ZETA D -0.13%
OTTR C -0.13%
PBF D -0.13%
PSN D -0.13%
HIW D -0.13%
TKR D -0.13%
YELP C -0.13%
FBP B -0.13%
UE C -0.13%
FELE B -0.13%
PHIN A -0.13%
ARCH B -0.13%
ASGN F -0.13%
BFH B -0.13%
SUPN C -0.13%
LMAT A -0.13%
HOG D -0.13%
AN C -0.13%
MMS F -0.13%
NHI D -0.13%
SKWD A -0.13%
TPB B -0.13%
ADTN A -0.12%
AEO F -0.12%
CXT B -0.12%
MTX B -0.12%
ATEN B -0.12%
OGN D -0.12%
BRC D -0.12%
SBH C -0.12%
ENS D -0.12%
LBRT D -0.12%
PLTK B -0.12%
HUBG A -0.12%
ASH D -0.12%
CHCO B -0.12%
ADUS D -0.12%
LGND B -0.12%
MSM C -0.12%
HMN B -0.12%
EPAC B -0.12%
PPC C -0.12%
QCRH A -0.12%
PAG B -0.12%
BCO D -0.12%
COLM B -0.12%
SHOO D -0.12%
USM B -0.12%
ASO F -0.12%
WSBC A -0.12%
OSIS B -0.12%
PINC B -0.12%
RUSHA C -0.12%
NSIT F -0.12%
SXT B -0.12%
LANC C -0.12%
PATK D -0.12%
UTL B -0.11%
HCI C -0.11%
MDU D -0.11%
APOG B -0.11%
PLUS F -0.11%
MCRI A -0.11%
AMKR D -0.11%
SPNT A -0.11%
LZB B -0.11%
CPF A -0.11%
SPOK C -0.11%
AMR C -0.11%
DDS B -0.11%
SHO C -0.11%
HNI B -0.11%
WABC B -0.11%
CTBI B -0.11%
VRRM D -0.11%
GOLF B -0.11%
STNG F -0.11%
PFBC B -0.11%
UNF B -0.11%
BHE B -0.11%
LTC B -0.11%
UFPT B -0.11%
CTS C -0.11%
STRA C -0.11%
EIG B -0.11%
OFG B -0.11%
AZZ B -0.11%
EQC B -0.11%
PAHC C -0.11%
AMRX C -0.11%
FORM D -0.11%
AMPH D -0.11%
BKE B -0.11%
PRDO B -0.11%
MCB B -0.11%
HWKN B -0.11%
IOSP B -0.11%
MGRC B -0.11%
ALRM C -0.11%
LEVI F -0.1%
SCSC B -0.1%
TPC C -0.1%
ICFI F -0.1%
THFF B -0.1%
UTI A -0.1%
INFA D -0.1%
ACT D -0.1%
PDM D -0.1%
URBN C -0.1%
SIRI C -0.1%
SRCE B -0.1%
UVE B -0.1%
WINA B -0.1%
HSTM B -0.1%
MSBI B -0.1%
REX D -0.1%
IBCP B -0.1%
INVA D -0.1%
INSW F -0.1%
CRAI B -0.1%
GIII D -0.1%
TWST D -0.1%
CSV B -0.1%
HCKT B -0.1%
AAT B -0.1%
PLAB C -0.1%
USPH B -0.1%
UVSP B -0.1%
XHR B -0.1%
SXC A -0.1%
NHC C -0.1%
AMAL B -0.1%
PEBO A -0.1%
SCHL D -0.09%
FIZZ C -0.09%
ANDE D -0.09%
HSII B -0.09%
KLG C -0.09%
CFB B -0.09%
AMCX C -0.09%
DEA D -0.09%
WSR A -0.09%
CASS B -0.09%
FF D -0.09%
ASTH D -0.09%
UPBD B -0.09%
ROCK C -0.09%
CWCO C -0.09%
GNE D -0.09%
REYN D -0.09%
CUBI C -0.09%
BBSI B -0.09%
OLP B -0.09%
STAA F -0.08%
SCVL F -0.08%
ALX D -0.08%
VNDA C -0.08%
LPG F -0.08%
HE C -0.08%
MLR B -0.08%
SCS C -0.08%
IMKTA C -0.08%
HCSG C -0.08%
TNC D -0.08%
ZYXI D -0.08%
VSH D -0.08%
PGRE F -0.08%
COLL F -0.08%
CECO A -0.08%
ETD C -0.08%
SSTK F -0.08%
UTMD F -0.08%
EGY D -0.08%
SMP B -0.08%
KURA F -0.08%
CNXN C -0.08%
ANIP F -0.08%
ASC F -0.07%
KRT A -0.07%
BRY F -0.07%
CNXC F -0.07%
EBF F -0.07%
NSSC D -0.07%
JBSS D -0.07%
RMR F -0.07%
KFRC D -0.07%
NPK B -0.07%
TRNS D -0.07%
VECO F -0.07%
OSUR F -0.07%
METC C -0.07%
NVEC C -0.07%
IMMR C -0.06%
GIC D -0.06%
PANL F -0.06%
SIGA F -0.06%
SLP D -0.06%
AMN F -0.05%
KELYA F -0.05%
MRVI F -0.05%
CLW F -0.04%
JBI F -0.04%
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