NXTI vs. XT ETF Comparison

Comparison of Simplify Next Intangible Core Index ETF (NXTI) to iShares Exponential Technologies ETF (XT)

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

XT

iShares Exponential Technologies ETF

XT Description

The investment seeks to track the investment results of the Morningstar® Exponential Technologies Index which composed of stocks of developed and emerging market companies that create or use exponential technologies. The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a subset of the Morningstar US Market Index and the Morningstar Global Markets ex-US Index family (the "Parent Indexes"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.82

Average Daily Volume

114,231

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	NXTI	XT
30 Days	5.73%	1.88%
60 Days	7.47%	2.51%
90 Days	10.93%	1.49%
12 Months		11.71%

35 Overlapping Holdings

Symbol	Grade	Weight in NXTI	Weight in XT	Overlap
ADSK	A	0.72%	0.66%	0.66%
ALNY	D	1.07%	0.65%	0.65%
AMAT	F	0.74%	0.56%	0.56%
APTV	D	0.1%	0.32%	0.1%
CDNS	B	0.87%	0.54%	0.54%
CSCO	B	2.73%	0.58%	0.58%
CTSH	B	0.47%	0.53%	0.47%
DD	D	0.18%	0.56%	0.18%
DDOG	A	0.54%	0.53%	0.53%
DOCU	A	0.18%	0.81%	0.18%
DT	C	0.19%	0.47%	0.19%
FTNT	C	0.77%	0.88%	0.77%
GWRE	A	0.16%	0.95%	0.16%
HUBS	A	0.34%	0.66%	0.34%
IBM	C	2.28%	0.62%	0.62%
ILMN	D	0.15%	0.57%	0.15%
INCY	C	0.46%	0.66%	0.46%
IONS	F	0.22%	0.33%	0.22%
KEYS	A	0.17%	0.51%	0.17%
LRCX	F	0.53%	0.49%	0.49%
MANH	D	0.19%	0.59%	0.19%
MDB	C	0.24%	0.35%	0.24%
MTD	D	0.18%	0.52%	0.18%
NET	B	0.38%	0.57%	0.38%
NOW	A	2.29%	0.71%	0.71%
PANW	C	1.5%	0.65%	0.65%
PLTR	B	0.99%	1.86%	0.99%
SNPS	B	0.95%	0.48%	0.48%
STX	D	0.26%	0.6%	0.26%
TEAM	A	0.61%	0.62%	0.61%
TER	D	0.12%	0.54%	0.12%
TOST	B	0.19%	1.3%	0.19%
TW	A	0.11%	0.67%	0.11%
WAT	B	0.14%	0.6%	0.14%
ZS	C	0.33%	0.49%	0.33%

NXTI Overweight 162 Positions Relative to XT

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%
UNH	C	2.16%
INTU	C	2.08%
HD	A	1.6%
KO	D	1.23%
IDXX	F	1.04%
UBER	D	1.04%
DELL	C	1.03%
PEP	F	1.02%
SPOT	B	0.93%
MSI	B	0.91%
HON	B	0.91%
PM	B	0.9%
BKNG	A	0.88%
NKE	D	0.82%
WDAY	B	0.81%
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%
ABNB	C	0.58%
FICO	B	0.57%
PGR	A	0.56%
CL	D	0.55%
CTAS	B	0.55%
APP	B	0.54%
TT	A	0.52%
EA	A	0.5%
ORLY	B	0.49%
ITW	B	0.49%
ALGN	D	0.47%
MMM	D	0.47%
D	C	0.46%
HPQ	B	0.45%
NTRA	B	0.45%
FDX	B	0.44%
SRPT	D	0.43%
MMC	B	0.43%
DASH	A	0.42%
NBIX	C	0.4%
INSM	C	0.39%
PH	A	0.39%
KR	B	0.37%
SHW	A	0.36%
CI	F	0.36%
ELV	F	0.36%
ECL	D	0.35%
TRGP	B	0.34%
MPC	D	0.33%
EBAY	D	0.33%
ED	D	0.32%
PAYX	C	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%
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%
BKR	B	0.25%
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%
MNST	C	0.22%
TRV	B	0.22%
NTNX	A	0.21%
MDGL	B	0.2%
CYTK	F	0.2%
BPMC	C	0.2%
AIG	B	0.2%
CVNA	B	0.19%
INSP	D	0.19%
ALL	A	0.19%
PSTG	D	0.19%
SMMT	D	0.19%
BBIO	F	0.18%
FAST	B	0.18%
EL	F	0.18%
PRU	A	0.18%
BBY	D	0.18%
FFIV	B	0.17%
NRG	B	0.17%
CACI	D	0.16%
ULTA	F	0.16%
OTIS	C	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%
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%
APLS	D	0.12%
MTCH	D	0.12%
PPG	F	0.12%
BRO	B	0.12%
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%
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 77 Positions Relative to XT

Symbol	Grade	Weight
NVDA	C	-1.51%
COIN	C	-1.1%
AVGO	D	-0.88%
ANET	C	-0.85%
SOFI	A	-0.84%
MRVL	B	-0.84%
ISRG	A	-0.82%
TYL	B	-0.72%
HUBB	B	-0.7%
AMZN	C	-0.68%
BOX	B	-0.68%
CRWD	B	-0.68%
TWLO	A	-0.68%
GTLS	B	-0.66%
GEN	B	-0.65%
TSLA	B	-0.65%
SEIC	B	-0.65%
WDC	D	-0.65%
MU	D	-0.64%
GOOGL	C	-0.64%
HPE	B	-0.64%
CRM	B	-0.63%
FSLR	F	-0.63%
TXN	C	-0.62%
NEE	D	-0.61%
LLY	F	-0.61%
QCOM	F	-0.6%
VEEV	C	-0.58%
RVTY	F	-0.58%
VRNS	D	-0.57%
ANSS	B	-0.57%
PTC	A	-0.57%
CCOI	B	-0.57%
AMD	F	-0.56%
KLAC	D	-0.56%
ABBV	D	-0.55%
BMY	B	-0.55%
ADI	D	-0.55%
S	B	-0.54%
MSFT	F	-0.54%
FDS	B	-0.53%
ACN	C	-0.51%
NXPI	D	-0.51%
ROP	B	-0.5%
MPWR	F	-0.5%
OKTA	C	-0.48%
MKTX	D	-0.48%
JAZZ	B	-0.48%
BLKB	B	-0.47%
DBX	B	-0.47%
REGN	F	-0.44%
MRK	F	-0.44%
SBAC	D	-0.43%
ON	D	-0.43%
CCI	D	-0.43%
UMC	F	-0.43%
ALTM	C	-0.43%
ALB	C	-0.42%
SWKS	F	-0.41%
QLYS	C	-0.38%
AKAM	D	-0.37%
ESTC	C	-0.37%
XPEV	C	-0.37%
BIDU	F	-0.36%
MCHP	D	-0.36%
BMRN	D	-0.33%
QRVO	F	-0.33%
SNOW	C	-0.33%
BIIB	F	-0.33%
CRSP	D	-0.32%
LI	F	-0.3%
INTC	D	-0.29%
NIO	F	-0.29%
ENPH	F	-0.27%
MRNA	F	-0.22%
FIVN	C	-0.22%
SEDG	F	-0.06%