NXTI vs. JTEK ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to JPMorgan U.S. Tech Leaders ETF (JTEK)

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

JTEK

JPMorgan U.S. Tech Leaders ETF

JTEK Description

The fund will invest primarily in equity securities issued by technology and technology-enabled companies which the adviser believes are leaders and where the magnitude and/or duration of future growth for these companies is underappreciated by the market.

Grade (RS Rating)

Last Trade

$76.48

Average Daily Volume

83,074

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	JTEK
30 Days	5.73%	10.34%
60 Days	7.47%	12.52%
90 Days	10.93%	13.84%
12 Months		40.39%

21 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in JTEK	Overlap
ADBE	C	2.94%	0.23%	0.23%
APP	B	0.54%	1.98%	0.54%
BKNG	A	0.88%	1.8%	0.88%
DDOG	A	0.54%	1.2%	0.54%
GTLB	B	0.11%	1.27%	0.11%
GWRE	A	0.16%	1.06%	0.16%
HUBS	A	0.34%	2.22%	0.34%
INTU	C	2.08%	1.82%	1.82%
LRCX	F	0.53%	1.38%	0.53%
MANH	D	0.19%	0.84%	0.19%
MDB	C	0.24%	1.52%	0.24%
META	D	5.28%	4.94%	4.94%
NOW	A	2.29%	3.03%	2.29%
PANW	C	1.5%	1.41%	1.41%
PCOR	B	0.11%	0.54%	0.11%
PLTR	B	0.99%	0.65%	0.65%
SNAP	C	0.23%	0.48%	0.23%
SNPS	B	0.95%	2.45%	0.95%
SPOT	B	0.93%	1.49%	0.93%
TEAM	A	0.61%	1.77%	0.61%
UBER	D	1.04%	1.41%	1.04%

NXTI Overweight 176 Positions Relative to JTEK

Symbol	Grade	Weight
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
MA	C	3.02%
CSCO	B	2.73%
IBM	C	2.28%
UNH	C	2.16%
HD	A	1.6%
KO	D	1.23%
ALNY	D	1.07%
IDXX	F	1.04%
DELL	C	1.03%
PEP	F	1.02%
MSI	B	0.91%
HON	B	0.91%
PM	B	0.9%
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%
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%
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%
MMC	B	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%
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%
AJG	B	0.25%
IT	C	0.24%
AFL	B	0.24%
RDDT	B	0.24%
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%
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%
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%
NRG	B	0.17%
KEYS	A	0.17%
CACI	D	0.16%
ULTA	F	0.16%
OTIS	C	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%
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%
MTCH	D	0.12%
PPG	F	0.12%
BRO	B	0.12%
TW	A	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%
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 37 Positions Relative to JTEK

Symbol	Grade	Weight
ORCL	B	-4.93%
TSLA	B	-4.3%
NFLX	A	-4.05%
NVDA	C	-4.0%
SHOP	B	-3.23%
GOOG	C	-3.09%
TSM	B	-3.03%
AMZN	C	-2.92%
HOOD	B	-2.64%
AVGO	D	-2.09%
TTWO	A	-2.07%
TTD	B	-2.07%
CRDO	B	-2.06%
ANET	C	-1.98%
VEEV	C	-1.79%
NU	C	-1.62%
MELI	D	-1.55%
AMD	F	-1.5%
WDC	D	-1.37%
MSFT	F	-1.25%
ON	D	-1.24%
BABA	D	-1.17%
SE	B	-1.14%
CFLT	B	-1.1%
MU	D	-0.99%
ONTO	D	-0.99%
SNOW	C	-0.96%
ESTC	C	-0.91%
VICR	B	-0.82%
CIEN	B	-0.67%
ALGM	D	-0.51%
ASML	F	-0.43%
FSLR	F	-0.43%
MPWR	F	-0.41%
OLED	D	-0.36%
TWLO	A	-0.14%
ENTG	D	-0.06%