NXTI vs. RAFE ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to PIMCO RAFI ESG U.S. ETF (RAFE)

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

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.82

Average Daily Volume

12,485

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	RAFE
30 Days	5.73%	1.92%
60 Days	7.47%	3.06%
90 Days	10.93%	4.90%
12 Months		24.12%

68 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in RAFE	Overlap
A	D	0.26%	0.15%	0.15%
ADBE	C	2.94%	0.63%	0.63%
ALL	A	0.19%	0.58%	0.19%
AMAT	F	0.74%	0.81%	0.74%
AMP	A	0.22%	0.25%	0.22%
AXP	A	0.77%	0.63%	0.63%
BBY	D	0.18%	0.5%	0.18%
CBRE	B	0.15%	0.37%	0.15%
CDNS	B	0.87%	0.13%	0.13%
CDW	F	0.3%	0.09%	0.09%
CI	F	0.36%	1.3%	0.36%
CL	D	0.55%	0.37%	0.37%
CMI	A	0.3%	0.21%	0.21%
CNC	D	0.13%	0.13%	0.13%
CSCO	B	2.73%	2.94%	2.73%
CTSH	B	0.47%	0.18%	0.18%
CVS	D	0.29%	0.4%	0.29%
DD	D	0.18%	0.59%	0.18%
DELL	C	1.03%	0.13%	0.13%
DOV	A	0.12%	0.06%	0.06%
EA	A	0.5%	0.31%	0.31%
EBAY	D	0.33%	0.41%	0.33%
ECL	D	0.35%	0.26%	0.26%
EL	F	0.18%	0.12%	0.12%
ELV	F	0.36%	0.89%	0.36%
FAST	B	0.18%	0.13%	0.13%
FDX	B	0.44%	0.45%	0.44%
GIS	D	0.16%	0.32%	0.16%
GPC	D	0.1%	0.08%	0.08%
GWW	B	0.31%	0.17%	0.17%
HD	A	1.6%	1.77%	1.6%
HIG	B	0.13%	0.27%	0.13%
HPQ	B	0.45%	0.72%	0.45%
HSIC	B	0.3%	0.06%	0.06%
HSY	F	0.15%	0.06%	0.06%
HUM	C	0.15%	0.41%	0.15%
IBM	C	2.28%	1.81%	1.81%
ILMN	D	0.15%	0.08%	0.08%
ITW	B	0.49%	0.31%	0.31%
JNPR	F	0.16%	0.19%	0.16%
K	A	0.12%	0.18%	0.12%
KEYS	A	0.17%	0.1%	0.1%
KMB	D	0.31%	0.3%	0.3%
KO	D	1.23%	0.98%	0.98%
LOW	D	0.59%	1.14%	0.59%
LRCX	F	0.53%	0.5%	0.5%
MA	C	3.02%	0.79%	0.79%
META	D	5.28%	1.2%	1.2%
MMM	D	0.47%	1.07%	0.47%
MSI	B	0.91%	0.21%	0.21%
NKE	D	0.82%	0.48%	0.48%
NTAP	C	0.29%	0.29%	0.29%
ORLY	B	0.49%	0.05%	0.05%
OTIS	C	0.16%	0.12%	0.12%
PAYX	C	0.32%	0.11%	0.11%
PEP	F	1.02%	0.28%	0.28%
PGR	A	0.56%	0.25%	0.25%
PPG	F	0.12%	0.2%	0.12%
PRU	A	0.18%	0.51%	0.18%
SHW	A	0.36%	0.15%	0.15%
SNPS	B	0.95%	0.08%	0.08%
SYY	B	0.16%	0.24%	0.16%
TER	D	0.12%	0.09%	0.09%
TGT	F	0.67%	1.18%	0.67%
TSCO	D	0.11%	0.11%	0.11%
UNH	C	2.16%	0.58%	0.58%
UPS	C	0.79%	0.54%	0.54%
WAT	B	0.14%	0.11%	0.11%

NXTI Overweight 129 Positions Relative to RAFE

Symbol	Grade	Weight
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
NOW	A	2.29%
INTU	C	2.08%
PANW	C	1.5%
ALNY	D	1.07%
IDXX	F	1.04%
UBER	D	1.04%
PLTR	B	0.99%
SPOT	B	0.93%
HON	B	0.91%
PM	B	0.9%
BKNG	A	0.88%
WDAY	B	0.81%
FTNT	C	0.77%
BX	A	0.77%
ADSK	A	0.72%
GEV	B	0.66%
TEAM	A	0.61%
WMB	A	0.59%
ABNB	C	0.58%
FICO	B	0.57%
CTAS	B	0.55%
APP	B	0.54%
DDOG	A	0.54%
TT	A	0.52%
ALGN	D	0.47%
INCY	C	0.46%
D	C	0.46%
NTRA	B	0.45%
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%
TRGP	B	0.34%
HUBS	A	0.34%
MPC	D	0.33%
ZS	C	0.33%
ED	D	0.32%
PEN	B	0.32%
VST	B	0.32%
GDDY	A	0.31%
ITCI	C	0.29%
PINS	D	0.29%
EXEL	B	0.29%
IOT	A	0.28%
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%
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%
PSTG	D	0.19%
SMMT	D	0.19%
TOST	B	0.19%
BBIO	F	0.18%
DOCU	A	0.18%
MTD	D	0.18%
FFIV	B	0.17%
NRG	B	0.17%
CACI	D	0.16%
ULTA	F	0.16%
GWRE	A	0.16%
RARE	D	0.15%
CORT	B	0.15%
ROL	B	0.15%
BAH	F	0.15%
LYV	A	0.15%
DECK	A	0.14%
ALKS	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%
CLX	B	0.13%
AVY	D	0.12%
EXPD	D	0.12%
FOLD	F	0.12%
APLS	D	0.12%
MTCH	D	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%
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%
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 170 Positions Relative to RAFE

Symbol	Grade	Weight
AAPL	C	-6.52%
MSFT	F	-5.72%
JPM	A	-4.09%
C	A	-3.25%
JNJ	D	-3.18%
INTC	D	-2.85%
PG	A	-2.84%
WFC	A	-2.82%
T	A	-2.41%
PFE	D	-2.32%
GM	B	-2.16%
BMY	B	-1.97%
VZ	C	-1.69%
MRK	F	-1.69%
ORCL	B	-1.68%
QCOM	F	-1.6%
CMCSA	B	-1.55%
ABBV	D	-1.53%
AVGO	D	-1.26%
DIS	B	-1.2%
ABT	B	-1.18%
F	C	-1.14%
NVDA	C	-1.12%
LIN	D	-1.12%
V	A	-1.09%
AMGN	D	-1.08%
GILD	C	-0.99%
GS	A	-0.98%
ACN	C	-0.97%
MU	D	-0.95%
BAC	A	-0.86%
TXN	C	-0.83%
BLK	C	-0.71%
HPE	B	-0.7%
MET	A	-0.7%
LLY	F	-0.67%
PYPL	B	-0.62%
CRM	B	-0.58%
JCI	C	-0.55%
DE	A	-0.54%
DOW	F	-0.5%
TSLA	B	-0.49%
TJX	A	-0.49%
NEM	D	-0.46%
DHR	F	-0.46%
TMUS	B	-0.46%
ADP	B	-0.45%
WM	A	-0.44%
IP	B	-0.43%
MCK	B	-0.43%
APD	A	-0.42%
WDC	D	-0.37%
ADI	D	-0.37%
CARR	D	-0.37%
FIS	C	-0.36%
WELL	A	-0.33%
ADM	D	-0.33%
BDX	F	-0.32%
MDLZ	F	-0.29%
CAH	B	-0.29%
MAR	B	-0.28%
FI	A	-0.28%
BIIB	F	-0.27%
GEHC	F	-0.27%
CCI	D	-0.27%
STT	A	-0.26%
WY	D	-0.26%
EIX	B	-0.25%
EQIX	A	-0.24%
VTR	C	-0.23%
OC	A	-0.22%
KLAC	D	-0.21%
LUMN	C	-0.21%
WHR	B	-0.21%
JLL	D	-0.21%
PFG	D	-0.2%
PARA	C	-0.2%
KHC	F	-0.2%
LH	C	-0.19%
IRM	D	-0.19%
FOXA	B	-0.19%
MOS	F	-0.19%
AMT	D	-0.19%
BK	A	-0.19%
BAX	D	-0.18%
VFC	C	-0.18%
DVA	B	-0.17%
TPR	B	-0.16%
CF	B	-0.16%
AVB	B	-0.16%
BALL	D	-0.16%
MCO	B	-0.16%
EW	C	-0.16%
EQR	B	-0.16%
PKG	A	-0.15%
ARW	D	-0.15%
DG	F	-0.15%
HLT	A	-0.15%
KDP	D	-0.14%
AWK	D	-0.14%
ISRG	A	-0.14%
OMC	C	-0.14%
KSS	F	-0.14%
ZTS	D	-0.14%
FITB	A	-0.13%
MRVL	B	-0.13%
COR	B	-0.13%
TROW	B	-0.12%
SYK	C	-0.12%
IFF	D	-0.12%
HOLX	D	-0.11%
HST	C	-0.11%
SWK	D	-0.11%
BSX	B	-0.11%
GAP	C	-0.11%
PVH	C	-0.11%
ON	D	-0.1%
SPGI	C	-0.1%
LKQ	D	-0.09%
WAB	B	-0.09%
SOLV	C	-0.09%
HCA	F	-0.09%
WBA	F	-0.09%
VTRS	A	-0.09%
AVT	C	-0.09%
SJM	D	-0.09%
USFD	A	-0.09%
NFLX	A	-0.09%
PLD	D	-0.08%
LNC	B	-0.08%
DOX	D	-0.08%
LEA	D	-0.08%
DXC	B	-0.07%
DGX	A	-0.07%
KIM	A	-0.07%
NDAQ	A	-0.07%
CHD	B	-0.07%
HUN	F	-0.07%
CAG	D	-0.07%
AKAM	D	-0.07%
TSN	B	-0.07%
MAA	B	-0.07%
NTRS	A	-0.07%
NWSA	B	-0.07%
KD	B	-0.06%
EQH	B	-0.06%
GT	C	-0.06%
MCHP	D	-0.06%
AMD	F	-0.06%
ESS	B	-0.05%
MHK	D	-0.05%
XRX	F	-0.05%
HAS	D	-0.05%
CTVA	C	-0.05%
FL	F	-0.05%
CPB	D	-0.05%
ROK	B	-0.05%
AAP	C	-0.04%
OGN	D	-0.04%
WU	D	-0.04%
GEN	B	-0.04%
AGCO	D	-0.04%
NWL	B	-0.04%
FLEX	A	-0.04%
RSG	A	-0.04%
MAN	D	-0.03%
M	D	-0.03%
O	D	-0.02%
ANET	C	-0.02%
HRL	D	-0.01%