NXTI vs. SHE ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to SPDR SSGA Gender Diversity Index ETF (SHE)

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

SHE

SPDR SSGA Gender Diversity Index ETF

SHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Gender Diversity Index, which tracks U.S. companies that are leaders in advancing women through gender diversity on their boards of directors and in management. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$119.89

Average Daily Volume

3,450

Number of Holdings ^*

239

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	SHE
30 Days	5.73%	2.93%
60 Days	7.47%	5.56%
90 Days	10.93%	7.44%
12 Months		34.03%

66 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in SHE	Overlap
ABNB	C	0.58%	0.36%	0.36%
ACI	C	0.1%	0.02%	0.02%
ADSK	A	0.72%	1.25%	0.72%
AIG	B	0.2%	0.19%	0.19%
ALL	A	0.19%	0.18%	0.18%
ALNY	D	1.07%	0.12%	0.12%
APTV	D	0.1%	0.11%	0.1%
AXP	A	0.77%	0.65%	0.65%
BBY	D	0.18%	0.09%	0.09%
BKNG	A	0.88%	1.33%	0.88%
BKR	B	0.25%	0.14%	0.14%
BURL	A	0.14%	0.15%	0.14%
CDW	F	0.3%	0.44%	0.3%
CI	F	0.36%	0.32%	0.32%
CL	D	0.55%	0.26%	0.26%
CLX	B	0.13%	0.08%	0.08%
CMI	A	0.3%	0.24%	0.24%
CNC	D	0.13%	0.12%	0.12%
CSCO	B	2.73%	4.03%	2.73%
CVS	D	0.29%	0.25%	0.25%
D	C	0.46%	0.23%	0.23%
DD	D	0.18%	0.1%	0.1%
DECK	A	0.14%	0.14%	0.14%
EA	A	0.5%	0.12%	0.12%
EBAY	D	0.33%	0.14%	0.14%
ECL	D	0.35%	0.2%	0.2%
ED	D	0.32%	0.13%	0.13%
EL	F	0.18%	0.06%	0.06%
FDX	B	0.44%	0.22%	0.22%
FTNT	C	0.77%	1.08%	0.77%
GDDY	A	0.31%	0.47%	0.31%
GIS	D	0.16%	0.13%	0.13%
GWW	B	0.31%	0.17%	0.17%
HIG	B	0.13%	0.15%	0.13%
HON	B	0.91%	0.52%	0.52%
HSY	F	0.15%	0.1%	0.1%
HUBS	A	0.34%	0.58%	0.34%
IDXX	F	1.04%	0.14%	0.14%
ILMN	D	0.15%	0.08%	0.08%
INCY	C	0.46%	0.05%	0.05%
INTU	C	2.08%	3.56%	2.08%
ITW	B	0.49%	0.29%	0.29%
KO	D	1.23%	0.99%	0.99%
KR	B	0.37%	0.15%	0.15%
LOW	D	0.59%	0.96%	0.59%
META	D	5.28%	4.59%	4.59%
MMC	B	0.43%	0.43%	0.43%
MMM	D	0.47%	0.25%	0.25%
NBIX	C	0.4%	0.04%	0.04%
NKE	D	0.82%	0.42%	0.42%
PGR	A	0.56%	0.67%	0.56%
PINS	D	0.29%	0.06%	0.06%
PRU	A	0.18%	0.19%	0.18%
SNAP	C	0.23%	0.05%	0.05%
TGT	F	0.67%	0.27%	0.27%
TSCO	D	0.11%	0.26%	0.11%
TT	A	0.52%	0.34%	0.34%
TXT	D	0.1%	0.05%	0.05%
UBER	D	1.04%	0.57%	0.57%
ULTA	F	0.16%	0.16%	0.16%
UNH	C	2.16%	1.75%	1.75%
VLTO	D	0.23%	0.12%	0.12%
VST	B	0.32%	0.2%	0.2%
WSM	B	0.14%	0.14%	0.14%
XOM	B	3.43%	1.46%	1.46%
XYL	D	0.14%	0.11%	0.11%

NXTI Overweight 131 Positions Relative to SHE

Symbol	Grade	Weight
WMT	A	5.09%
BRK.A	B	4.18%
MA	C	3.02%
ADBE	C	2.94%
NOW	A	2.29%
IBM	C	2.28%
HD	A	1.6%
PANW	C	1.5%
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%
CDNS	B	0.87%
WDAY	B	0.81%
UPS	C	0.79%
BX	A	0.77%
AMAT	F	0.74%
GEV	B	0.66%
TEAM	A	0.61%
WMB	A	0.59%
FICO	B	0.57%
CTAS	B	0.55%
APP	B	0.54%
DDOG	A	0.54%
LRCX	F	0.53%
ORLY	B	0.49%
ALGN	D	0.47%
CTSH	B	0.47%
HPQ	B	0.45%
NTRA	B	0.45%
SRPT	D	0.43%
DASH	A	0.42%
INSM	C	0.39%
PH	A	0.39%
NET	B	0.38%
SHW	A	0.36%
ELV	F	0.36%
TRGP	B	0.34%
MPC	D	0.33%
ZS	C	0.33%
PAYX	C	0.32%
PEN	B	0.32%
KMB	D	0.31%
HSIC	B	0.3%
ITCI	C	0.29%
NTAP	C	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%
MDB	C	0.24%
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%
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%
FAST	B	0.18%
DOCU	A	0.18%
MTD	D	0.18%
FFIV	B	0.17%
NRG	B	0.17%
KEYS	A	0.17%
CACI	D	0.16%
OTIS	C	0.16%
GWRE	A	0.16%
SYY	B	0.16%
JNPR	F	0.16%
HUM	C	0.15%
RARE	D	0.15%
CORT	B	0.15%
ROL	B	0.15%
BAH	F	0.15%
CBRE	B	0.15%
LYV	A	0.15%
ALKS	B	0.14%
WAT	B	0.14%
DUOL	A	0.14%
EXPE	B	0.14%
NI	A	0.14%
AXSM	B	0.14%
ACGL	D	0.14%
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%
NYT	C	0.11%
LII	A	0.11%
PCOR	B	0.11%
DKNG	B	0.1%
APPF	B	0.1%
AMED	F	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 173 Positions Relative to SHE

Symbol	Grade	Weight
NVDA	C	-4.79%
ACN	C	-4.39%
MSFT	F	-4.17%
AAPL	C	-4.14%
JPM	A	-2.69%
LLY	F	-2.32%
INTC	D	-1.87%
NFLX	A	-1.78%
V	A	-1.62%
PG	A	-1.5%
JNJ	D	-1.41%
TJX	A	-1.21%
BAC	A	-1.2%
COST	B	-1.13%
CVX	A	-0.98%
WFC	A	-0.97%
SBUX	A	-0.94%
CAT	B	-0.94%
MRK	F	-0.89%
LIN	D	-0.89%
VZ	C	-0.77%
ABT	B	-0.73%
MAR	B	-0.65%
T	A	-0.63%
CMG	B	-0.63%
GE	D	-0.58%
SPGI	C	-0.58%
HLT	A	-0.53%
TMUS	B	-0.52%
ETN	A	-0.51%
C	A	-0.51%
RTX	C	-0.5%
ANSS	B	-0.49%
SCHW	B	-0.47%
VRTX	F	-0.45%
TYL	B	-0.44%
GILD	C	-0.42%
ROST	C	-0.41%
MDT	D	-0.41%
LULU	C	-0.33%
MCO	B	-0.33%
PNC	B	-0.32%
DE	A	-0.32%
NOC	D	-0.31%
ZTS	D	-0.31%
MCK	B	-0.31%
RCL	A	-0.31%
FLUT	A	-0.31%
TWLO	A	-0.28%
DUK	C	-0.27%
BA	F	-0.26%
EQIX	A	-0.25%
EMR	A	-0.25%
TFC	A	-0.24%
COF	B	-0.24%
JCI	C	-0.24%
DHI	D	-0.22%
DLR	B	-0.22%
AKAM	D	-0.22%
SPG	B	-0.22%
EOG	A	-0.21%
WCN	A	-0.21%
BK	A	-0.21%
NEM	D	-0.2%
CARR	D	-0.19%
PSA	D	-0.19%
CHTR	C	-0.18%
NSC	B	-0.18%
PEG	A	-0.17%
LNG	B	-0.17%
SQ	B	-0.17%
FIS	C	-0.17%
AEP	D	-0.16%
O	D	-0.16%
COR	B	-0.15%
PSX	C	-0.15%
MTB	A	-0.14%
CSGP	D	-0.14%
VICI	C	-0.14%
OXY	D	-0.14%
IRM	D	-0.13%
WTW	B	-0.13%
TTD	B	-0.13%
EIX	B	-0.13%
EXC	C	-0.13%
EXR	D	-0.12%
STZ	D	-0.12%
AWK	D	-0.12%
XEL	A	-0.12%
VTR	C	-0.12%
FITB	A	-0.12%
AVB	B	-0.11%
WEC	A	-0.11%
WAB	B	-0.11%
WBD	C	-0.11%
ROK	B	-0.11%
ETR	B	-0.11%
FANG	D	-0.11%
DTE	C	-0.11%
DOW	F	-0.11%
CAH	B	-0.11%
BR	A	-0.1%
LDOS	C	-0.1%
FTV	C	-0.1%
GPN	B	-0.1%
INVH	D	-0.09%
EQR	B	-0.09%
HUBB	B	-0.09%
SYF	B	-0.09%
BIIB	F	-0.09%
RF	A	-0.09%
TROW	B	-0.09%
TTWO	A	-0.09%
PPL	B	-0.09%
LVS	C	-0.09%
NTRS	A	-0.08%
AEE	A	-0.08%
PFG	D	-0.08%
CHD	B	-0.08%
ADM	D	-0.08%
SW	A	-0.08%
DKS	C	-0.08%
LPLA	A	-0.08%
CNP	B	-0.08%
OMC	C	-0.07%
KMX	B	-0.07%
LYB	F	-0.07%
PNR	A	-0.07%
DG	F	-0.07%
J	F	-0.07%
SSNC	B	-0.07%
EQT	B	-0.07%
KEY	B	-0.07%
IFF	D	-0.07%
KIM	A	-0.07%
MAA	B	-0.07%
FDS	B	-0.07%
WY	D	-0.07%
LH	C	-0.07%
HST	C	-0.06%
UTHR	C	-0.06%
OC	A	-0.06%
AMCR	D	-0.06%
TRU	D	-0.06%
CMS	C	-0.06%
MGM	D	-0.06%
SJM	D	-0.05%
FBIN	D	-0.05%
RPM	A	-0.05%
SWK	D	-0.05%
IPG	D	-0.05%
ACM	A	-0.05%
TSN	B	-0.05%
DAL	C	-0.04%
ALB	C	-0.04%
BBWI	D	-0.04%
CRL	C	-0.04%
Z	A	-0.04%
RIVN	F	-0.04%
HRL	D	-0.04%
OVV	B	-0.04%
PARA	C	-0.04%
DAY	B	-0.04%
AMH	D	-0.04%
AIZ	A	-0.04%
WYNN	D	-0.04%
CPB	D	-0.03%
WBA	F	-0.03%
CE	F	-0.03%
NWSA	B	-0.03%
TFX	F	-0.03%
LUV	C	-0.02%
APA	D	-0.02%