NXTV vs. AUSF ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to Global X Adaptive U.S. Factor ETF (AUSF)

NXTV

Simplify Next Intangible Value Index ETF

NXTV Description

NXTV targets US companies with low equity valuations relative to their intangible-adjusted book values 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 an intangible-adjusted book value for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the lowest equity valuations relative to their intangible adjusted book values 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. Holdings are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$28.86

Average Daily Volume

732

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.62

Average Daily Volume

36,554

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	AUSF
30 Days	5.48%	4.22%
60 Days	5.83%	5.67%
90 Days	10.13%	7.18%
12 Months		33.52%

55 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in AUSF	Overlap
ACI	C	0.49%	1.29%	0.49%
ADM	D	0.4%	0.47%	0.4%
ALLY	C	0.2%	0.52%	0.2%
ARW	D	0.17%	0.43%	0.17%
BBY	D	0.91%	0.46%	0.46%
BEN	C	0.16%	0.53%	0.16%
BG	F	0.18%	0.49%	0.18%
BWA	D	0.16%	0.48%	0.16%
C	A	1.95%	0.53%	0.53%
CACI	D	0.53%	0.18%	0.18%
CFG	B	0.3%	0.55%	0.3%
CIVI	D	0.13%	0.51%	0.13%
CMCSA	B	5.48%	0.51%	0.51%
CNC	D	0.48%	0.5%	0.48%
CNH	C	0.21%	0.51%	0.21%
CRBG	B	0.29%	0.48%	0.29%
CVS	D	1.08%	0.49%	0.49%
DINO	D	0.18%	0.49%	0.18%
ED	D	0.36%	0.08%	0.08%
FHN	A	0.14%	0.57%	0.14%
GAP	C	0.37%	0.47%	0.37%
GM	B	1.04%	0.52%	0.52%
HPE	B	1.06%	0.54%	0.54%
HPQ	B	1.47%	0.52%	0.52%
INGR	B	0.13%	0.08%	0.08%
INTC	D	3.52%	0.54%	0.54%
IP	B	0.47%	0.59%	0.47%
JNPR	F	0.54%	1.36%	0.54%
KHC	F	0.62%	0.43%	0.43%
KR	B	1.77%	0.12%	0.12%
L	A	0.27%	0.07%	0.07%
LAD	A	0.15%	0.55%	0.15%
LBRDK	C	0.46%	0.54%	0.46%
M	D	0.2%	0.47%	0.2%
NOV	C	0.16%	0.52%	0.16%
ORI	A	0.14%	0.1%	0.1%
PFE	D	4.63%	0.43%	0.43%
PVH	C	0.16%	0.53%	0.16%
RNR	C	0.21%	0.47%	0.21%
SNA	A	0.22%	0.1%	0.1%
SNX	C	0.42%	0.48%	0.42%
SOLV	C	0.35%	0.47%	0.35%
SON	D	0.13%	0.47%	0.13%
SYF	B	0.34%	0.58%	0.34%
T	A	5.05%	1.9%	1.9%
TAP	C	0.17%	0.53%	0.17%
TPR	B	0.48%	0.63%	0.48%
TRV	B	0.83%	0.12%	0.12%
UNM	A	0.18%	0.65%	0.18%
VICI	C	0.85%	0.48%	0.48%
VTRS	A	0.42%	0.56%	0.42%
VZ	C	4.68%	1.83%	1.83%
WHR	B	0.16%	0.55%	0.16%
WRB	A	0.34%	0.09%	0.09%
X	C	0.15%	0.48%	0.15%

NXTV Overweight 139 Positions Relative to AUSF

Symbol	Grade	Weight
DELL	C	3.41%
FDX	B	1.15%
EBAY	D	1.1%
NTAP	C	0.98%
COF	B	0.96%
ZM	B	0.96%
WDC	D	0.92%
GFS	C	0.91%
FOXA	B	0.83%
MET	A	0.83%
BIIB	F	0.78%
DG	F	0.76%
SNAP	C	0.75%
AIG	B	0.75%
EL	F	0.74%
ALL	A	0.74%
NWS	B	0.72%
F	C	0.72%
FCNCA	A	0.71%
DD	D	0.69%
PRU	A	0.67%
NUE	C	0.67%
ZBH	C	0.64%
CTVA	C	0.62%
DLTR	F	0.61%
LEN	D	0.6%
ILMN	D	0.58%
SYY	B	0.57%
MRNA	F	0.57%
TWLO	A	0.55%
HUM	C	0.55%
BAX	D	0.53%
SRE	A	0.53%
D	C	0.5%
PCG	A	0.46%
CCL	B	0.45%
CTRA	B	0.45%
ALB	C	0.43%
INCY	C	0.41%
PPG	F	0.39%
EQT	B	0.39%
UAL	A	0.39%
MRO	B	0.39%
RS	B	0.38%
EXC	C	0.38%
FYBR	D	0.37%
CIEN	B	0.36%
EXPE	B	0.36%
FLEX	A	0.35%
DBX	B	0.34%
LUV	C	0.34%
MKL	A	0.34%
CINF	A	0.33%
ETR	B	0.32%
TSN	B	0.32%
PATH	C	0.31%
LEVI	F	0.3%
FTI	A	0.3%
PFG	D	0.29%
BILL	A	0.29%
PEGA	A	0.29%
GPC	D	0.28%
ARE	D	0.28%
SWK	D	0.28%
EXEL	B	0.27%
OVV	B	0.27%
HSIC	B	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
TXT	D	0.26%
BIO	D	0.26%
EG	C	0.24%
BLDR	D	0.24%
PPL	B	0.24%
FNF	B	0.24%
WCC	B	0.23%
VFC	C	0.23%
NSIT	F	0.23%
LUMN	C	0.23%
SATS	D	0.23%
PFGC	B	0.22%
RGA	A	0.22%
USM	B	0.22%
EQH	B	0.22%
AIT	A	0.22%
KD	B	0.22%
RPM	A	0.21%
CPB	D	0.21%
W	F	0.21%
ROKU	D	0.21%
JEF	A	0.2%
JLL	D	0.2%
ELAN	D	0.2%
CLVT	F	0.2%
CNA	B	0.2%
KMX	B	0.2%
JAZZ	B	0.2%
COTY	F	0.19%
RIVN	F	0.19%
PAG	B	0.19%
AR	B	0.19%
RHI	B	0.18%
UPST	B	0.18%
AA	B	0.18%
TOL	B	0.18%
COKE	C	0.17%
AEO	F	0.17%
IAC	D	0.17%
JWN	C	0.17%
ADTN	A	0.17%
LKQ	D	0.17%
FLS	B	0.17%
SIG	B	0.16%
AIZ	A	0.16%
ALIT	C	0.16%
NI	A	0.16%
ZI	D	0.16%
WFRD	D	0.15%
CLF	F	0.15%
GL	B	0.15%
DXC	B	0.15%
URBN	C	0.15%
ASO	F	0.15%
FRSH	C	0.15%
SANM	B	0.15%
XRAY	F	0.14%
SLAB	D	0.14%
EVRG	A	0.14%
AGR	B	0.14%
CXT	B	0.13%
WBD	C	0.13%
MUR	D	0.12%
ALKS	B	0.12%
CPRI	F	0.1%
LCID	F	0.09%
MGM	D	0.08%
BYD	C	0.05%
DLB	B	0.05%

NXTV Underweight 135 Positions Relative to AUSF

Symbol	Grade	Weight
TMUS	B	-1.59%
RSG	A	-1.56%
WMT	A	-1.56%
BSX	B	-1.54%
COR	B	-1.51%
V	A	-1.51%
BRK.A	B	-1.5%
EA	A	-1.43%
ADP	B	-1.43%
MMC	B	-1.42%
CSCO	B	-1.41%
ICE	C	-1.41%
LMT	D	-1.4%
RTX	C	-1.4%
CME	A	-1.39%
WM	A	-1.38%
IBM	C	-1.37%
LIN	D	-1.35%
JNJ	D	-1.34%
GD	F	-1.33%
EDR	A	-1.32%
DOX	D	-1.25%
KO	D	-1.03%
MRK	F	-1.0%
CBOE	B	-0.94%
BR	A	-0.84%
PG	A	-0.83%
DTM	B	-0.7%
MCD	D	-0.7%
PEP	F	-0.66%
KMI	A	-0.66%
MO	A	-0.65%
MARA	C	-0.62%
OKE	A	-0.58%
WBS	A	-0.57%
UMBF	B	-0.56%
ZION	B	-0.56%
FNB	A	-0.56%
CMA	A	-0.55%
ONB	B	-0.55%
ABG	B	-0.55%
RF	A	-0.55%
AL	B	-0.55%
PB	A	-0.55%
COLB	A	-0.55%
UBSI	B	-0.55%
HBAN	A	-0.55%
OZK	B	-0.54%
CADE	B	-0.54%
LNC	B	-0.52%
PCAR	B	-0.52%
AM	A	-0.52%
BCC	B	-0.51%
SLG	B	-0.51%
CHRD	D	-0.5%
CHE	D	-0.5%
JXN	C	-0.5%
NXST	C	-0.49%
AGNC	D	-0.49%
STWD	C	-0.49%
QGEN	D	-0.49%
HST	C	-0.49%
MOS	F	-0.48%
UGI	A	-0.48%
RDN	C	-0.48%
AVT	C	-0.48%
KRC	C	-0.47%
EMN	D	-0.47%
HOG	D	-0.47%
TDG	D	-0.47%
RPRX	D	-0.47%
WU	D	-0.46%
LYB	F	-0.46%
MDT	D	-0.45%
CAG	D	-0.45%
FMC	D	-0.45%
LEA	D	-0.44%
SWKS	F	-0.43%
WBA	F	-0.43%
DOW	F	-0.42%
HII	D	-0.42%
OGN	D	-0.42%
CE	F	-0.29%
YUM	B	-0.26%
PGR	A	-0.18%
TW	A	-0.14%
ABBV	D	-0.14%
GRMN	B	-0.13%
COST	B	-0.12%
SO	D	-0.12%
CHD	B	-0.12%
VRSK	A	-0.1%
DUK	C	-0.1%
AAPL	C	-0.1%
GDDY	A	-0.1%
WMB	A	-0.1%
LDOS	C	-0.1%
AFL	B	-0.1%
ATR	B	-0.09%
PNW	B	-0.09%
MCK	B	-0.09%
AME	A	-0.09%
MSI	B	-0.09%
CVX	A	-0.09%
PKG	A	-0.09%
TJX	A	-0.08%
CI	F	-0.08%
CAH	B	-0.08%
UNH	C	-0.08%
FI	A	-0.08%
HOLX	D	-0.08%
BDX	F	-0.08%
HIG	B	-0.08%
CB	C	-0.08%
XOM	B	-0.08%
MA	C	-0.08%
NOC	D	-0.08%
VRSN	F	-0.08%
MDLZ	F	-0.07%
FE	C	-0.07%
VRTX	F	-0.07%
CTLT	B	-0.07%
KMB	D	-0.07%
K	A	-0.07%
ECL	D	-0.07%
HON	B	-0.07%
AJG	B	-0.07%
AMGN	D	-0.07%
ATO	A	-0.07%
DGX	A	-0.07%
ROP	B	-0.07%
CL	D	-0.07%
WELL	A	-0.07%
AKAM	D	-0.06%
REGN	F	-0.05%