NXTI vs. IMCB ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to iShares Morningstar Mid-Cap ETF (IMCB)
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
IMCB

iShares Morningstar Mid-Cap ETF

IMCB Description IMCB is a passively-managed portfolio that offers exposure to a blend of growth and value stocks in the US mid-cap space. Stocks are selected based on Morningstars index methodology that uses fundamental factors. This methodology identifies growth securities as those with relatively above-average historical and forecasted earnings, sales, equity, and cash flow growth, while value securities as those with relatively low valuations based on price-to-book ratios, price-to-earnings ratios and other factors. The underlying index is reconstituted twice annually and rebalanced quarterly. Prior to March 19, 2021, the fund tracked the Morningstar US Mid Core Index under the ticker JKG.

Grade (RS Rating)

Last Trade

$81.50

Average Daily Volume

28,342

Number of Holdings *

447

* may have additional holdings in another (foreign) market
Performance
Period NXTI IMCB
30 Days 5.73% 6.60%
60 Days 7.47% 7.43%
90 Days 10.93% 9.78%
12 Months 32.75%
109 Overlapping Holdings
Symbol Grade Weight in NXTI Weight in IMCB Overlap
A D 0.26% 0.34% 0.26%
ACGL D 0.14% 0.33% 0.14%
ACI C 0.1% 0.07% 0.07%
ADSK A 0.72% 0.58% 0.58%
AFL B 0.24% 0.49% 0.24%
AIG B 0.2% 0.43% 0.2%
ALGN D 0.47% 0.15% 0.15%
ALL A 0.19% 0.45% 0.19%
ALNY D 1.07% 0.28% 0.28%
AMP A 0.22% 0.49% 0.22%
APP B 0.54% 0.52% 0.52%
APTV D 0.1% 0.11% 0.1%
AVY D 0.12% 0.14% 0.12%
BAH F 0.15% 0.17% 0.15%
BBY D 0.18% 0.16% 0.16%
BKR B 0.25% 0.38% 0.25%
BRO B 0.12% 0.24% 0.12%
BURL A 0.14% 0.15% 0.14%
CBRE B 0.15% 0.35% 0.15%
CDW F 0.3% 0.21% 0.21%
CLX B 0.13% 0.18% 0.13%
CMI A 0.3% 0.44% 0.3%
CNC D 0.13% 0.27% 0.13%
CTSH B 0.47% 0.36% 0.36%
D C 0.46% 0.41% 0.41%
DASH A 0.42% 0.47% 0.42%
DD D 0.18% 0.31% 0.18%
DDOG A 0.54% 0.34% 0.34%
DECK A 0.14% 0.24% 0.14%
DELL C 1.03% 0.31% 0.31%
DKNG B 0.1% 0.17% 0.1%
DOCU A 0.18% 0.14% 0.14%
DOV A 0.12% 0.24% 0.12%
DT C 0.19% 0.13% 0.13%
EA A 0.5% 0.35% 0.35%
EBAY D 0.33% 0.28% 0.28%
ED D 0.32% 0.29% 0.29%
EL F 0.18% 0.13% 0.13%
EXPD D 0.12% 0.15% 0.12%
EXPE B 0.14% 0.2% 0.14%
FAST B 0.18% 0.41% 0.18%
FFIV B 0.17% 0.13% 0.13%
FICO B 0.57% 0.5% 0.5%
FTNT C 0.77% 0.54% 0.54%
GDDY A 0.31% 0.22% 0.22%
GEV B 0.66% 0.79% 0.66%
GIS D 0.16% 0.32% 0.16%
GPC D 0.1% 0.15% 0.1%
GWW B 0.31% 0.46% 0.31%
HIG B 0.13% 0.3% 0.13%
HPQ B 0.45% 0.32% 0.32%
HSY F 0.15% 0.23% 0.15%
HUBS A 0.34% 0.31% 0.31%
HUM C 0.15% 0.3% 0.15%
IDXX F 1.04% 0.31% 0.31%
ILMN D 0.15% 0.2% 0.15%
INCY C 0.46% 0.11% 0.11%
IT C 0.24% 0.36% 0.24%
JNPR F 0.16% 0.11% 0.11%
K A 0.12% 0.19% 0.12%
KEYS A 0.17% 0.24% 0.17%
KMB D 0.31% 0.39% 0.31%
KR B 0.37% 0.35% 0.35%
LII A 0.11% 0.17% 0.11%
LYV A 0.15% 0.17% 0.15%
MANH D 0.19% 0.15% 0.15%
MDB C 0.24% 0.18% 0.18%
MTD D 0.18% 0.23% 0.18%
NBIX C 0.4% 0.11% 0.11%
NET B 0.38% 0.24% 0.24%
NI A 0.14% 0.14% 0.14%
NRG B 0.17% 0.17% 0.17%
NTAP C 0.29% 0.21% 0.21%
NTNX A 0.21% 0.15% 0.15%
NTRA B 0.45% 0.16% 0.16%
NWS B 0.22% 0.03% 0.03%
OTIS C 0.16% 0.36% 0.16%
PAYX C 0.32% 0.42% 0.32%
PCOR B 0.11% 0.06% 0.06%
PINS D 0.29% 0.15% 0.15%
PLTR B 0.99% 1.04% 0.99%
PPG F 0.12% 0.26% 0.12%
PRU A 0.18% 0.4% 0.18%
PSTG D 0.19% 0.13% 0.13%
ROL B 0.15% 0.13% 0.13%
RS B 0.09% 0.15% 0.09%
SNAP C 0.23% 0.1% 0.1%
SRPT D 0.43% 0.09% 0.09%
STX D 0.26% 0.17% 0.17%
SYY B 0.16% 0.33% 0.16%
TEAM A 0.61% 0.35% 0.35%
TER D 0.12% 0.15% 0.12%
TRGP B 0.34% 0.37% 0.34%
TRV B 0.22% 0.52% 0.22%
TSCO D 0.11% 0.26% 0.11%
TW A 0.11% 0.13% 0.11%
TXT D 0.1% 0.14% 0.1%
ULTA F 0.16% 0.16% 0.16%
VLTO D 0.23% 0.21% 0.21%
VMC B 0.23% 0.33% 0.23%
VST B 0.32% 0.4% 0.32%
WAT B 0.14% 0.2% 0.14%
WDAY B 0.81% 0.51% 0.51%
WING D 0.08% 0.09% 0.08%
WMB A 0.59% 0.59% 0.59%
WSM B 0.14% 0.14% 0.14%
XYL D 0.14% 0.26% 0.14%
ZBRA B 0.23% 0.18% 0.18%
ZS C 0.33% 0.17% 0.17%
NXTI Overweight 88 Positions Relative to IMCB
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%
UBER D 1.04%
PEP F 1.02%
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%
UPS C 0.79%
AXP A 0.77%
BX A 0.77%
AMAT F 0.74%
TGT F 0.67%
LOW D 0.59%
ABNB C 0.58%
PGR A 0.56%
CL D 0.55%
CTAS B 0.55%
LRCX F 0.53%
TT A 0.52%
ORLY B 0.49%
ITW B 0.49%
MMM D 0.47%
FDX B 0.44%
MMC B 0.43%
INSM C 0.39%
PH A 0.39%
SHW A 0.36%
CI F 0.36%
ELV F 0.36%
ECL D 0.35%
MPC D 0.33%
PEN B 0.32%
HSIC B 0.3%
ITCI C 0.29%
CVS D 0.29%
EXEL B 0.29%
IOT A 0.28%
AJG B 0.25%
RDDT B 0.24%
MNST C 0.22%
IONS F 0.22%
MDGL B 0.2%
CYTK F 0.2%
BPMC C 0.2%
CVNA B 0.19%
INSP D 0.19%
SMMT D 0.19%
TOST B 0.19%
BBIO F 0.18%
CACI D 0.16%
GWRE A 0.16%
RARE D 0.15%
CORT B 0.15%
ALKS B 0.14%
DUOL A 0.14%
AXSM B 0.14%
FOLD F 0.12%
APLS D 0.12%
MTCH D 0.12%
GTLB B 0.11%
TGTX B 0.11%
IOVA F 0.11%
RL B 0.11%
NYT C 0.11%
APPF B 0.1%
AMED F 0.1%
DNLI D 0.1%
CHWY B 0.09%
DYN F 0.09%
DLB B 0.04%
LNW D 0.04%
NXTI Underweight 338 Positions Relative to IMCB
Symbol Grade Weight
COF B -0.61%
GM B -0.57%
OKE A -0.55%
CARR D -0.55%
HLT A -0.54%
TFC A -0.54%
NSC B -0.53%
PCAR B -0.52%
DLR B -0.51%
URI B -0.5%
JCI C -0.5%
SRE A -0.5%
BK A -0.5%
MSTR C -0.5%
TTD B -0.49%
SPG B -0.48%
RCL A -0.48%
COIN C -0.48%
AZO C -0.47%
PSA D -0.46%
KMI A -0.46%
FIS C -0.44%
AEP D -0.44%
CPRT A -0.44%
DHI D -0.43%
O D -0.43%
PWR A -0.42%
MSCI C -0.42%
LNG B -0.42%
HWM A -0.41%
SQ B -0.41%
ROST C -0.41%
NEM D -0.41%
TEL B -0.41%
LHX C -0.41%
VRT B -0.39%
CCI D -0.39%
AME A -0.39%
VLO C -0.39%
PCG A -0.39%
AXON A -0.38%
PEG A -0.38%
DFS B -0.38%
F C -0.38%
COR B -0.37%
IR B -0.37%
DAL C -0.37%
ODFL B -0.37%
HES B -0.36%
VRSK A -0.36%
KVUE A -0.36%
FERG B -0.36%
STZ D -0.35%
EW C -0.35%
CTVA C -0.35%
LEN D -0.35%
XEL A -0.34%
YUM B -0.34%
CHTR C -0.34%
IQV D -0.33%
EXC C -0.33%
KDP D -0.32%
MLM B -0.32%
GLW B -0.32%
LULU C -0.32%
MCHP D -0.31%
NUE C -0.31%
MTB A -0.31%
VEEV C -0.3%
RMD C -0.3%
EXR D -0.3%
WAB B -0.3%
VICI C -0.29%
WTW B -0.29%
GRMN B -0.29%
GEHC F -0.29%
ROK B -0.29%
IRM D -0.29%
DOW F -0.28%
ARES A -0.28%
EIX B -0.28%
FANG D -0.28%
FITB A -0.28%
EFX F -0.28%
AVB B -0.28%
NDAQ A -0.27%
RJF A -0.27%
WEC A -0.27%
CPNG D -0.27%
CSGP D -0.27%
ETR B -0.27%
ANSS B -0.26%
GPN B -0.26%
TTWO A -0.26%
CAH B -0.26%
DXCM D -0.26%
UAL A -0.26%
KHC F -0.25%
STT A -0.25%
ON D -0.25%
MPWR F -0.24%
FCNCA A -0.24%
PHM D -0.24%
RBLX C -0.24%
NVR D -0.24%
HPE B -0.24%
VTR C -0.23%
CPAY A -0.23%
AWK D -0.23%
TYL B -0.23%
SYF B -0.23%
TPL A -0.23%
CHD B -0.23%
TROW B -0.23%
FTV C -0.23%
HAL C -0.23%
BR A -0.23%
PPL B -0.22%
DTE C -0.22%
WST C -0.22%
DVN F -0.22%
ADM D -0.22%
EQR B -0.22%
SW A -0.22%
HBAN A -0.22%
EME C -0.21%
LPLA A -0.21%
HUBB B -0.21%
SBAC D -0.21%
BIIB F -0.21%
AEE A -0.21%
RF A -0.21%
EQT B -0.21%
CCL B -0.21%
TDY B -0.2%
ZBH C -0.2%
WY D -0.2%
LDOS C -0.2%
PTC A -0.2%
IFF D -0.2%
CINF A -0.2%
PKG A -0.19%
CFG B -0.19%
LYB F -0.19%
ES D -0.19%
NTRS A -0.19%
ATO A -0.19%
STE F -0.19%
MKL A -0.19%
BLDR D -0.19%
WBD C -0.19%
CMS C -0.18%
PFG D -0.18%
LH C -0.18%
STLD B -0.18%
DRI B -0.18%
WDC D -0.18%
OMC C -0.18%
FE C -0.18%
CSL C -0.18%
SNA A -0.17%
MKC D -0.17%
FDS B -0.17%
IBKR A -0.17%
CTRA B -0.17%
EXE B -0.17%
INVH D -0.17%
CNP B -0.17%
LUV C -0.17%
TRU D -0.17%
ESS B -0.17%
IP B -0.17%
BALL D -0.17%
LVS C -0.17%
COO D -0.17%
ZM B -0.17%
FSLR F -0.17%
MOH F -0.16%
J F -0.16%
FWONK B -0.16%
KEY B -0.16%
TSN B -0.16%
HOLX D -0.16%
PODD C -0.16%
WSO A -0.16%
MAA B -0.16%
WRB A -0.16%
HOOD B -0.15%
HEI B -0.15%
KIM A -0.15%
OC A -0.15%
DG F -0.15%
ARE D -0.15%
TRMB B -0.15%
XPO B -0.15%
GEN B -0.15%
IEX B -0.15%
MAS D -0.15%
DGX A -0.15%
PNR A -0.15%
RPM A -0.15%
JBHT C -0.14%
FLEX A -0.14%
SUI D -0.14%
L A -0.14%
CF B -0.14%
FNF B -0.14%
FIX A -0.14%
THC D -0.14%
TOL B -0.14%
EG C -0.14%
VRSN F -0.14%
SSNC B -0.14%
BAX D -0.14%
MRO B -0.14%
TWLO A -0.14%
JBL B -0.13%
AVTR F -0.13%
RVTY F -0.13%
EVRG A -0.13%
SAIA B -0.13%
AMCR D -0.13%
ACM A -0.13%
UTHR C -0.13%
DOC D -0.13%
GGG B -0.13%
DPZ C -0.13%
USFD A -0.13%
CASY A -0.13%
RGA A -0.13%
LNT A -0.13%
VTRS A -0.13%
ENTG D -0.13%
SWK D -0.12%
CAG D -0.12%
NDSN B -0.12%
RNR C -0.12%
PFGC B -0.12%
MRNA F -0.12%
UDR B -0.12%
SWKS F -0.12%
AKAM D -0.12%
DLTR F -0.12%
POOL C -0.12%
EPAM C -0.12%
EQH B -0.12%
OVV B -0.11%
LECO B -0.11%
EMN D -0.11%
UHS D -0.11%
DAY B -0.11%
UNM A -0.11%
ALB C -0.11%
AMH D -0.11%
HST C -0.11%
SCI B -0.11%
NVT B -0.11%
BMRN D -0.11%
REG B -0.11%
BXP D -0.11%
KMX B -0.11%
OKTA C -0.11%
BG F -0.11%
ALLE D -0.11%
JKHY D -0.11%
GLPI C -0.11%
CLH B -0.11%
CPT B -0.11%
ELS C -0.11%
TTEK F -0.1%
CCK C -0.1%
FND C -0.1%
IPG D -0.1%
TAP C -0.1%
NWSA B -0.1%
FOXA B -0.1%
CG A -0.1%
PAYC B -0.1%
DKS C -0.1%
BLD D -0.1%
RRX B -0.1%
TECH D -0.1%
LW C -0.1%
SJM D -0.1%
HEI B -0.1%
WPC D -0.1%
CNH C -0.09%
ALLY C -0.09%
CHDN B -0.09%
AES F -0.09%
CRL C -0.09%
ERIE D -0.09%
RPRX D -0.09%
LKQ D -0.09%
AFG A -0.09%
BJ A -0.09%
MOS F -0.08%
ENPH F -0.08%
AOS F -0.08%
CPB D -0.08%
HRL D -0.08%
TFX F -0.08%
SMCI F -0.08%
AR B -0.08%
WYNN D -0.08%
MGM D -0.08%
WMS D -0.08%
MORN B -0.08%
EXAS D -0.08%
SOLV C -0.08%
WTRG B -0.08%
CNM D -0.07%
DVA B -0.07%
HII D -0.07%
CE F -0.07%
APA D -0.07%
MEDP D -0.07%
UHAL D -0.06%
QRVO F -0.06%
WBA F -0.06%
BSY D -0.06%
SIRI C -0.06%
AZPN A -0.06%
DINO D -0.06%
BRKR D -0.05%
U C -0.05%
SNX C -0.05%
FOX A -0.05%
BEN C -0.05%
CELH F -0.04%
WLK D -0.04%
COTY F -0.03%
PAG B -0.03%
FWONA B -0.02%
ALAB B -0.02%
AGR B -0.02%
LEN D -0.01%
UHAL D -0.0%
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