NXTI vs. LRND ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

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

LRND

IQ U.S. Large Cap R&D Leaders ETF

LRND Description

IQ U.S. Large Cap R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the IQ U.S. Large Cap R&D Leaders Index, by using full replication technique. IQ U.S. Large Cap R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.89

Average Daily Volume

416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	LRND
30 Days	5.73%	2.07%
60 Days	7.47%	2.22%
90 Days	10.93%	4.29%
12 Months		28.44%

35 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in LRND	Overlap
ABNB	C	0.58%	0.36%	0.36%
ADBE	C	2.94%	0.7%	0.7%
ADSK	A	0.72%	0.3%	0.3%
ALNY	D	1.07%	0.18%	0.18%
AMAT	F	0.74%	0.54%	0.54%
APTV	D	0.1%	0.19%	0.1%
CDNS	B	0.87%	0.31%	0.31%
CMI	A	0.3%	0.34%	0.3%
CSCO	B	2.73%	1.69%	1.69%
DASH	A	0.42%	0.26%	0.26%
DDOG	A	0.54%	0.22%	0.22%
DELL	C	1.03%	0.63%	0.63%
EA	A	0.5%	0.55%	0.5%
EBAY	D	0.33%	0.29%	0.29%
EXEL	B	0.29%	0.25%	0.25%
EXPE	B	0.14%	0.33%	0.14%
HON	B	0.91%	0.32%	0.32%
HPQ	B	0.45%	0.34%	0.34%
IBM	C	2.28%	1.3%	1.3%
ILMN	D	0.15%	0.25%	0.15%
INCY	C	0.46%	0.54%	0.46%
INTU	C	2.08%	0.56%	0.56%
JNPR	F	0.16%	0.2%	0.16%
LRCX	F	0.53%	0.34%	0.34%
META	D	5.28%	6.33%	5.28%
MMM	D	0.47%	0.29%	0.29%
NOW	A	2.29%	0.49%	0.49%
NTAP	C	0.29%	0.19%	0.19%
PANW	C	1.5%	0.39%	0.39%
PINS	D	0.29%	0.21%	0.21%
SNPS	B	0.95%	0.4%	0.4%
SPOT	B	0.93%	0.4%	0.4%
TEAM	A	0.61%	0.61%	0.61%
UBER	D	1.04%	0.56%	0.56%
WDAY	B	0.81%	0.51%	0.51%

NXTI Overweight 162 Positions Relative to LRND

Symbol	Grade	Weight
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
MA	C	3.02%
UNH	C	2.16%
HD	A	1.6%
KO	D	1.23%
IDXX	F	1.04%
PEP	F	1.02%
PLTR	B	0.99%
MSI	B	0.91%
PM	B	0.9%
BKNG	A	0.88%
NKE	D	0.82%
UPS	C	0.79%
FTNT	C	0.77%
AXP	A	0.77%
BX	A	0.77%
TGT	F	0.67%
GEV	B	0.66%
WMB	A	0.59%
LOW	D	0.59%
FICO	B	0.57%
PGR	A	0.56%
CL	D	0.55%
CTAS	B	0.55%
APP	B	0.54%
TT	A	0.52%
ORLY	B	0.49%
ITW	B	0.49%
ALGN	D	0.47%
CTSH	B	0.47%
D	C	0.46%
NTRA	B	0.45%
FDX	B	0.44%
SRPT	D	0.43%
MMC	B	0.43%
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%
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%
HSIC	B	0.3%
CDW	F	0.3%
ITCI	C	0.29%
CVS	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%
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%
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%
GWRE	A	0.16%
SYY	B	0.16%
GIS	D	0.16%
HUM	C	0.15%
RARE	D	0.15%
CORT	B	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%
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%
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%
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 64 Positions Relative to LRND

Symbol	Grade	Weight
GOOGL	C	-8.96%
AMZN	C	-8.83%
AAPL	C	-5.93%
MSFT	F	-5.41%
INTC	D	-3.6%
MRK	F	-2.9%
JNJ	D	-2.7%
NVDA	C	-2.45%
GM	B	-2.19%
BMY	B	-2.13%
ORCL	B	-1.91%
PFE	D	-1.72%
QCOM	F	-1.63%
F	C	-1.62%
AVGO	D	-1.58%
LLY	F	-1.55%
VRTX	F	-1.54%
ABBV	D	-1.24%
TSLA	B	-1.22%
CRM	B	-1.2%
GILD	C	-1.17%
AMD	F	-1.05%
AMGN	D	-0.85%
SQ	B	-0.72%
MU	D	-0.69%
BA	F	-0.66%
NFLX	A	-0.64%
PYPL	B	-0.63%
REGN	F	-0.55%
RTX	C	-0.55%
ABT	B	-0.54%
MDT	D	-0.52%
MRNA	F	-0.5%
HPE	B	-0.5%
MRVL	B	-0.44%
CAT	B	-0.43%
DE	A	-0.43%
PG	A	-0.38%
TXN	C	-0.37%
WDC	D	-0.35%
SNOW	C	-0.34%
GE	D	-0.33%
BIIB	F	-0.31%
RIVN	F	-0.3%
BSX	B	-0.3%
RBLX	C	-0.29%
SYK	C	-0.28%
LMT	D	-0.27%
ADI	D	-0.27%
DHR	F	-0.26%
ACN	C	-0.26%
CTVA	C	-0.26%
ISRG	A	-0.23%
GEHC	F	-0.23%
EW	C	-0.22%
TMO	F	-0.21%
GLW	B	-0.21%
NOC	D	-0.21%
BDX	F	-0.21%
CNH	C	-0.2%
KLAC	D	-0.2%
U	C	-0.17%
MCHP	D	-0.17%
LCID	F	-0.12%