NXTI vs. MDYG ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to SPDR S&P 400 Mid Cap Growth ETF (MDYG)

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

$30.14

Average Daily Volume

462

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

MDYG

SPDR S&P 400 Mid Cap Growth ETF

MDYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of medium capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Growth Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization growth sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.26

Average Daily Volume

114,466

Number of Holdings ^*

249

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	MDYG
30 Days	4.78%	4.45%
60 Days	6.89%	5.17%
90 Days	9.93%	5.32%
12 Months		31.82%

21 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in MDYG	Overlap
AMED	F	0.1%	0.08%	0.08%
APPF	B	0.1%	0.35%	0.1%
BURL	B	0.14%	0.66%	0.14%
CACI	D	0.16%	0.26%	0.16%
CHWY	B	0.09%	0.13%	0.09%
CYTK	F	0.2%	0.19%	0.19%
DLB	B	0.04%	0.16%	0.04%
DT	D	0.19%	1.04%	0.19%
DUOL	A	0.14%	0.78%	0.14%
EXEL	B	0.29%	0.65%	0.29%
LII	A	0.11%	1.28%	0.11%
LNW	F	0.04%	0.53%	0.04%
MANH	D	0.19%	1.11%	0.19%
NBIX	C	0.4%	0.8%	0.4%
NYT	D	0.11%	0.57%	0.11%
PEN	B	0.32%	0.59%	0.32%
PSTG	D	0.19%	0.99%	0.19%
RS	B	0.09%	1.1%	0.09%
SRPT	F	0.43%	0.54%	0.43%
WING	D	0.08%	0.63%	0.08%
WSM	C	0.14%	1.09%	0.14%

NXTI Overweight 176 Positions Relative to MDYG

Symbol	Grade	Weight
META	D	5.28%
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
MA	B	3.02%
ADBE	C	2.94%
CSCO	B	2.73%
NOW	A	2.29%
IBM	C	2.28%
UNH	B	2.16%
INTU	B	2.08%
HD	B	1.6%
PANW	B	1.5%
KO	D	1.23%
ALNY	D	1.07%
IDXX	F	1.04%
UBER	F	1.04%
DELL	B	1.03%
PEP	F	1.02%
PLTR	B	0.99%
SNPS	B	0.95%
SPOT	B	0.93%
MSI	B	0.91%
HON	C	0.91%
PM	B	0.9%
BKNG	A	0.88%
CDNS	B	0.87%
NKE	F	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	C	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%
INCY	C	0.46%
D	C	0.46%
HPQ	B	0.45%
NTRA	A	0.45%
FDX	B	0.44%
MMC	B	0.43%
DASH	B	0.42%
INSM	C	0.39%
PH	A	0.39%
NET	B	0.38%
KR	B	0.37%
SHW	B	0.36%
CI	D	0.36%
ELV	F	0.36%
ECL	D	0.35%
TRGP	A	0.34%
HUBS	A	0.34%
MPC	D	0.33%
EBAY	D	0.33%
ZS	B	0.33%
ED	C	0.32%
PAYX	B	0.32%
VST	A	0.32%
GDDY	A	0.31%
KMB	C	0.31%
GWW	B	0.31%
CMI	A	0.3%
HSIC	C	0.3%
CDW	F	0.3%
ITCI	C	0.29%
CVS	D	0.29%
NTAP	C	0.29%
PINS	F	0.29%
IOT	A	0.28%
A	D	0.26%
STX	C	0.26%
BKR	A	0.25%
AJG	A	0.25%
IT	C	0.24%
AFL	B	0.24%
RDDT	A	0.24%
MDB	B	0.24%
SNAP	D	0.23%
VLTO	C	0.23%
VMC	B	0.23%
ZBRA	B	0.23%
NWS	A	0.22%
AMP	A	0.22%
MNST	C	0.22%
TRV	B	0.22%
IONS	F	0.22%
NTNX	B	0.21%
MDGL	B	0.2%
BPMC	B	0.2%
AIG	B	0.2%
CVNA	B	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	B	0.18%
DD	C	0.18%
MTD	F	0.18%
BBY	D	0.18%
FFIV	B	0.17%
NRG	B	0.17%
KEYS	A	0.17%
ULTA	F	0.16%
OTIS	C	0.16%
GWRE	A	0.16%
SYY	D	0.16%
JNPR	D	0.16%
GIS	D	0.16%
HUM	C	0.15%
RARE	F	0.15%
CORT	B	0.15%
ILMN	C	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	C	0.14%
WAT	C	0.14%
EXPE	B	0.14%
NI	A	0.14%
AXSM	B	0.14%
XYL	D	0.14%
ACGL	C	0.14%
CNC	D	0.13%
HIG	B	0.13%
CLX	A	0.13%
DOV	A	0.12%
AVY	F	0.12%
EXPD	C	0.12%
K	A	0.12%
FOLD	F	0.12%
TER	F	0.12%
APLS	F	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	C	0.11%
TSCO	D	0.11%
PCOR	B	0.11%
DKNG	B	0.1%
ACI	C	0.1%
TXT	D	0.1%
GPC	D	0.1%
DNLI	D	0.1%
APTV	F	0.1%
DYN	F	0.09%

NXTI Underweight 228 Positions Relative to MDYG

Symbol	Grade	Weight
EME	A	-1.5%
CSL	C	-1.34%
WSO	A	-1.18%
TPL	A	-1.11%
OC	A	-1.1%
RBA	A	-1.1%
TOL	B	-1.02%
FIX	A	-1.01%
CASY	A	-0.97%
GGG	B	-0.97%
SAIA	B	-0.93%
TXRH	B	-0.86%
CLH	C	-0.82%
ITT	A	-0.8%
NVT	B	-0.79%
BWXT	B	-0.76%
LECO	C	-0.76%
OVV	B	-0.76%
IBKR	A	-0.74%
TTEK	F	-0.71%
FND	D	-0.71%
BLD	D	-0.7%
KNSL	B	-0.68%
WWD	C	-0.67%
CHDN	B	-0.67%
AIT	B	-0.67%
EXP	B	-0.66%
PRI	B	-0.65%
MUSA	B	-0.64%
HLI	A	-0.63%
TPX	B	-0.62%
PR	B	-0.62%
RPM	A	-0.61%
MORN	B	-0.6%
RBC	A	-0.59%
FN	C	-0.59%
WMS	F	-0.59%
PCTY	C	-0.58%
AXTA	B	-0.58%
AAON	B	-0.58%
CW	C	-0.58%
CR	A	-0.55%
MEDP	D	-0.55%
ELS	C	-0.55%
XPO	B	-0.53%
ONTO	F	-0.53%
PLNT	A	-0.53%
RRC	B	-0.53%
SKX	D	-0.53%
HRB	D	-0.53%
ENSG	C	-0.53%
UFPI	C	-0.52%
EQH	C	-0.52%
CHRD	D	-0.52%
HLNE	B	-0.51%
SSD	F	-0.5%
TREX	C	-0.5%
UTHR	C	-0.5%
EWBC	A	-0.5%
OLED	F	-0.48%
EVR	B	-0.48%
RNR	C	-0.48%
ANF	F	-0.48%
RGEN	D	-0.48%
WEX	D	-0.48%
ESAB	C	-0.47%
RYAN	A	-0.47%
AMH	C	-0.46%
H	B	-0.46%
GTLS	A	-0.46%
COKE	C	-0.46%
FCN	F	-0.45%
ELF	C	-0.45%
LSCC	D	-0.45%
BMRN	F	-0.45%
MSA	F	-0.44%
ATR	B	-0.44%
HALO	F	-0.44%
MTDR	B	-0.44%
DBX	B	-0.43%
ACM	B	-0.43%
LAMR	C	-0.42%
WFRD	D	-0.4%
ALTR	B	-0.4%
SCI	B	-0.4%
VNT	C	-0.39%
AVTR	F	-0.39%
DTM	A	-0.39%
DKS	D	-0.39%
SFM	A	-0.38%
CNX	A	-0.38%
CROX	D	-0.38%
CUBE	C	-0.38%
OLLI	D	-0.37%
RMBS	B	-0.37%
GLPI	C	-0.37%
WTS	B	-0.37%
QLYS	B	-0.36%
VVV	D	-0.36%
LNTH	D	-0.36%
DCI	B	-0.34%
CCK	D	-0.33%
CHE	D	-0.33%
WAL	B	-0.33%
CG	B	-0.33%
AYI	B	-0.33%
EGP	D	-0.33%
BRBR	A	-0.32%
BYD	B	-0.32%
WH	B	-0.32%
RLI	A	-0.31%
LOPE	C	-0.31%
RGLD	C	-0.31%
FIVE	F	-0.31%
MTSI	B	-0.3%
CNM	D	-0.3%
WTRG	B	-0.3%
CIVI	D	-0.3%
GNTX	C	-0.29%
CVLT	B	-0.29%
GXO	B	-0.29%
LSTR	D	-0.29%
LPX	B	-0.29%
EHC	B	-0.29%
ALV	C	-0.28%
LFUS	D	-0.28%
MASI	B	-0.28%
MTN	C	-0.28%
TTC	C	-0.27%
BCO	F	-0.27%
EXLS	B	-0.27%
NEU	D	-0.27%
OHI	C	-0.27%
WLK	D	-0.27%
CELH	F	-0.27%
HQY	A	-0.27%
CBT	D	-0.26%
SEIC	B	-0.26%
CIEN	C	-0.26%
PNFP	B	-0.25%
CHX	C	-0.25%
KBR	F	-0.24%
ACHC	F	-0.24%
FBIN	D	-0.24%
MKSI	C	-0.24%
CFR	B	-0.24%
BRX	A	-0.24%
KNF	B	-0.24%
NOVT	D	-0.23%
MMS	F	-0.23%
REXR	F	-0.23%
BRKR	D	-0.23%
WMG	D	-0.23%
MIDD	C	-0.23%
TKO	A	-0.22%
VAL	F	-0.22%
PSN	D	-0.22%
SLAB	F	-0.22%
CBSH	B	-0.22%
INGR	C	-0.22%
FLS	B	-0.22%
VOYA	B	-0.21%
JAZZ	B	-0.21%
DOCS	C	-0.21%
BC	C	-0.21%
STAG	D	-0.21%
SIGI	C	-0.21%
FR	D	-0.21%
CGNX	D	-0.2%
PK	C	-0.2%
CRUS	D	-0.2%
ROIV	C	-0.2%
KEX	B	-0.2%
AM	A	-0.19%
COTY	F	-0.18%
HAE	C	-0.18%
KBH	D	-0.18%
MAT	D	-0.18%
TDC	D	-0.18%
NNN	C	-0.18%
OZK	B	-0.17%
TNL	A	-0.17%
ARWR	D	-0.17%
HWC	B	-0.17%
MTG	C	-0.16%
IDA	A	-0.16%
EXPO	D	-0.16%
SAIC	F	-0.15%
SHC	F	-0.15%
EEFT	B	-0.15%
HXL	F	-0.15%
FFIN	B	-0.14%
RH	C	-0.14%
TEX	F	-0.13%
GATX	A	-0.13%
OLN	F	-0.13%
MUR	D	-0.13%
MSM	C	-0.13%
EPR	C	-0.13%
BLKB	B	-0.13%
OPCH	D	-0.13%
SLM	A	-0.13%
YETI	D	-0.13%
CAR	C	-0.12%
TKR	D	-0.12%
IBOC	B	-0.11%
ENS	F	-0.11%
HGV	C	-0.11%
LANC	C	-0.11%
WEN	D	-0.11%
IRDM	D	-0.11%
POWI	F	-0.11%
RYN	D	-0.1%
CHH	A	-0.1%
COLM	C	-0.09%
AZTA	D	-0.09%
NSP	F	-0.09%
NSA	C	-0.09%
SMG	C	-0.08%
SYNA	C	-0.08%
SAM	C	-0.08%
CDP	C	-0.08%
LIVN	F	-0.07%
ALGM	D	-0.07%
VC	F	-0.07%
CPRI	F	-0.07%
IPGP	D	-0.06%
ZI	D	-0.06%