NXTI vs. RSPN ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to Invesco S&P 500 Equal Weight Industrials Portfolio (RSPN)

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

RSPN

Invesco S&P 500 Equal Weight Industrials Portfolio

RSPN Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Industrials Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the industrials sector, as defined according to the Global Industry Classification Standard (GICS).

Grade (RS Rating)

Last Trade

$54.55

Average Daily Volume

38,999

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	RSPN
30 Days	5.73%	5.84%
60 Days	7.47%	8.32%
90 Days	10.93%	12.16%
12 Months		37.79%

21 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in RSPN	Overlap
CMI	A	0.3%	1.42%	0.3%
CTAS	B	0.55%	1.23%	0.55%
DOV	A	0.12%	1.28%	0.12%
EXPD	D	0.12%	1.18%	0.12%
FAST	B	0.18%	1.38%	0.18%
FDX	B	0.44%	1.22%	0.44%
GEV	B	0.66%	1.7%	0.66%
GWW	B	0.31%	1.39%	0.31%
HON	B	0.91%	1.32%	0.91%
ITW	B	0.49%	1.27%	0.49%
MMM	D	0.47%	1.15%	0.47%
OTIS	C	0.16%	1.26%	0.16%
PAYX	C	0.32%	1.24%	0.32%
PH	A	0.39%	1.38%	0.39%
ROL	B	0.15%	1.17%	0.15%
TT	A	0.52%	1.33%	0.52%
TXT	D	0.1%	1.12%	0.1%
UBER	D	1.04%	1.13%	1.04%
UPS	C	0.79%	1.25%	0.79%
VLTO	D	0.23%	1.1%	0.23%
XYL	D	0.14%	1.1%	0.14%

NXTI Overweight 176 Positions Relative to RSPN

Symbol	Grade	Weight
META	D	5.28%
WMT	A	5.09%
BRK.A	B	4.18%
XOM	B	3.43%
MA	C	3.02%
ADBE	C	2.94%
CSCO	B	2.73%
NOW	A	2.29%
IBM	C	2.28%
UNH	C	2.16%
INTU	C	2.08%
HD	A	1.6%
PANW	C	1.5%
KO	D	1.23%
ALNY	D	1.07%
IDXX	F	1.04%
DELL	C	1.03%
PEP	F	1.02%
PLTR	B	0.99%
SNPS	B	0.95%
SPOT	B	0.93%
MSI	B	0.91%
PM	B	0.9%
BKNG	A	0.88%
CDNS	B	0.87%
NKE	D	0.82%
WDAY	B	0.81%
FTNT	C	0.77%
AXP	A	0.77%
BX	A	0.77%
AMAT	F	0.74%
ADSK	A	0.72%
TGT	F	0.67%
TEAM	A	0.61%
WMB	A	0.59%
LOW	D	0.59%
ABNB	C	0.58%
FICO	B	0.57%
PGR	A	0.56%
CL	D	0.55%
APP	B	0.54%
DDOG	A	0.54%
LRCX	F	0.53%
EA	A	0.5%
ORLY	B	0.49%
ALGN	D	0.47%
CTSH	B	0.47%
INCY	C	0.46%
D	C	0.46%
HPQ	B	0.45%
NTRA	B	0.45%
SRPT	D	0.43%
MMC	B	0.43%
DASH	A	0.42%
NBIX	C	0.4%
INSM	C	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%
ZS	C	0.33%
ED	D	0.32%
PEN	B	0.32%
VST	B	0.32%
GDDY	A	0.31%
KMB	D	0.31%
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%
MDB	C	0.24%
SNAP	C	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%
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%
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%
ILMN	D	0.15%
HSY	F	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%
ACGL	D	0.14%
CNC	D	0.13%
HIG	B	0.13%
CLX	B	0.13%
AVY	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%
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 56 Positions Relative to RSPN

Symbol	Grade	Weight
UAL	A	-2.12%
AXON	A	-1.86%
DAL	C	-1.65%
GNRC	B	-1.53%
PAYC	B	-1.52%
SNA	A	-1.5%
EMR	A	-1.49%
DAY	B	-1.48%
PWR	A	-1.44%
J	F	-1.41%
HWM	A	-1.4%
PCAR	B	-1.39%
ETN	A	-1.38%
PNR	A	-1.37%
JCI	C	-1.36%
AME	A	-1.36%
WAB	B	-1.36%
URI	B	-1.35%
IEX	B	-1.34%
LUV	C	-1.33%
CPRT	A	-1.33%
IR	B	-1.32%
ODFL	B	-1.31%
CAT	B	-1.31%
HUBB	B	-1.3%
CHRW	C	-1.3%
JBHT	C	-1.29%
ADP	B	-1.27%
ROK	B	-1.27%
NSC	B	-1.26%
BR	A	-1.26%
LHX	C	-1.25%
WM	A	-1.24%
VRSK	A	-1.23%
CSX	B	-1.23%
LDOS	C	-1.21%
DE	A	-1.21%
FTV	C	-1.2%
RSG	A	-1.2%
NDSN	B	-1.19%
RTX	C	-1.18%
GE	D	-1.17%
ALLE	D	-1.16%
BLDR	D	-1.15%
CARR	D	-1.14%
MAS	D	-1.13%
GD	F	-1.11%
NOC	D	-1.11%
UNP	C	-1.11%
LMT	D	-1.1%
TDG	D	-1.08%
BA	F	-1.08%
AOS	F	-1.06%
SWK	D	-1.01%
EFX	F	-0.94%
HII	D	-0.89%