NXTI vs. QHDG ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to Innovator Hedged Nasdaq-100 ETF (QHDG)

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

QHDG

Innovator Hedged Nasdaq-100 ETF

QHDG Description

The fund is an actively managed ETF that, under normal market circumstances, seeks to provide capital appreciation through exposure to the constituents in the Nasdaq-100® Index while providing a level of downside or "hedged" protection. It will invest at least 80% of its net assets in equity securities and option contracts that provide economic exposure to the Nasdaq-100.

Grade (RS Rating)

Last Trade

$26.22

Average Daily Volume

8,106

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	QHDG
30 Days	5.73%	2.70%
60 Days	7.47%	4.21%
90 Days	10.93%	4.80%
12 Months

32 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in QHDG	Overlap
ABNB	C	0.58%	0.37%	0.37%
ADBE	C	2.94%	1.45%	1.45%
ADSK	A	0.72%	0.41%	0.41%
AMAT	F	0.74%	0.89%	0.74%
BKNG	A	0.88%	0.98%	0.88%
BKR	B	0.25%	0.27%	0.25%
CDNS	B	0.87%	0.5%	0.5%
CDW	F	0.3%	0.16%	0.16%
CSCO	B	2.73%	1.49%	1.49%
CTAS	B	0.55%	0.56%	0.55%
CTSH	B	0.47%	0.25%	0.25%
DASH	A	0.42%	0.42%	0.42%
DDOG	A	0.54%	0.25%	0.25%
EA	A	0.5%	0.27%	0.27%
FAST	B	0.18%	0.3%	0.18%
FTNT	C	0.77%	0.46%	0.46%
HON	B	0.91%	0.95%	0.91%
IDXX	F	1.04%	0.21%	0.21%
ILMN	D	0.15%	0.14%	0.14%
INTU	C	2.08%	1.25%	1.25%
LRCX	F	0.53%	0.58%	0.53%
MDB	C	0.24%	0.13%	0.13%
META	D	5.28%	4.78%	4.78%
MNST	C	0.22%	0.33%	0.22%
ORLY	B	0.49%	0.41%	0.41%
PANW	C	1.5%	0.82%	0.82%
PAYX	C	0.32%	0.33%	0.32%
PEP	F	1.02%	1.4%	1.02%
SNPS	B	0.95%	0.5%	0.5%
TEAM	A	0.61%	0.25%	0.25%
WDAY	B	0.81%	0.36%	0.36%
ZS	C	0.33%	0.19%	0.19%

NXTI Overweight 165 Positions Relative to QHDG

Symbol	Grade	Weight
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
MA	C	3.02%
NOW	A	2.29%
IBM	C	2.28%
UNH	C	2.16%
HD	A	1.6%
KO	D	1.23%
ALNY	D	1.07%
UBER	D	1.04%
DELL	C	1.03%
PLTR	B	0.99%
SPOT	B	0.93%
MSI	B	0.91%
PM	B	0.9%
NKE	D	0.82%
UPS	C	0.79%
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%
APP	B	0.54%
TT	A	0.52%
ITW	B	0.49%
ALGN	D	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%
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%
EBAY	D	0.33%
ED	D	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%
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%
AJG	B	0.25%
IT	C	0.24%
AFL	B	0.24%
RDDT	B	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%
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%
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%
JNPR	F	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%
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%
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%
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 69 Positions Relative to QHDG

Symbol	Grade	Weight
NVDA	C	-8.66%
AAPL	C	-8.51%
MSFT	F	-7.67%
AMZN	C	-5.29%
AVGO	D	-4.91%
TSLA	B	-3.86%
COST	B	-2.61%
GOOGL	C	-2.52%
GOOG	C	-2.41%
NFLX	A	-2.27%
TMUS	B	-1.77%
AMD	F	-1.41%
LIN	D	-1.38%
ISRG	A	-1.21%
TXN	C	-1.18%
QCOM	F	-1.15%
CMCSA	B	-1.06%
AMGN	D	-0.97%
VRTX	F	-0.78%
ADP	B	-0.78%
SBUX	A	-0.72%
GILD	C	-0.71%
MU	D	-0.68%
INTC	D	-0.67%
ADI	D	-0.66%
MELI	D	-0.6%
PYPL	B	-0.57%
KLAC	D	-0.55%
REGN	F	-0.55%
MDLZ	F	-0.55%
MAR	B	-0.51%
CRWD	B	-0.51%
MRVL	B	-0.49%
PDD	F	-0.49%
CEG	D	-0.45%
CSX	B	-0.44%
ASML	F	-0.4%
PCAR	B	-0.38%
CHTR	C	-0.36%
NXPI	D	-0.36%
ROP	B	-0.36%
CPRT	A	-0.35%
TTD	B	-0.34%
AEP	D	-0.33%
FANG	D	-0.33%
ODFL	B	-0.3%
ROST	C	-0.3%
KDP	D	-0.28%
VRSK	A	-0.26%
XEL	A	-0.25%
EXC	C	-0.25%
GEHC	F	-0.24%
KHC	F	-0.24%
LULU	C	-0.24%
AZN	D	-0.23%
CCEP	C	-0.22%
MCHP	D	-0.21%
DXCM	D	-0.2%
TTWO	A	-0.2%
CSGP	D	-0.19%
ANSS	B	-0.19%
ON	D	-0.18%
GFS	C	-0.15%
BIIB	F	-0.15%
WBD	C	-0.14%
ARM	D	-0.1%
DLTR	F	-0.09%
MRNA	F	-0.09%
SMCI	F	-0.07%