NXTV vs. CFA ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to Compass EMP US 500 Volatility Weighted Index ETF (CFA)

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

$28.45

Average Daily Volume

731

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

CFA

Compass EMP US 500 Volatility Weighted Index ETF

CFA Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Volatility Weighted Index before fees and expenses. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$90.20

Average Daily Volume

9,726

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	CFA
30 Days	3.77%	3.34%
60 Days	4.81%	5.30%
90 Days	8.56%	7.24%
12 Months		28.42%

88 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in CFA	Overlap
ADM	D	0.4%	0.11%	0.11%
AIG	B	0.75%	0.23%	0.23%
ALL	A	0.74%	0.24%	0.24%
ALLY	C	0.2%	0.12%	0.12%
BBY	D	0.91%	0.12%	0.12%
BG	D	0.18%	0.17%	0.17%
BIIB	F	0.78%	0.13%	0.13%
BLDR	D	0.24%	0.1%	0.1%
C	A	1.95%	0.21%	0.21%
CFG	B	0.3%	0.17%	0.17%
CINF	A	0.33%	0.25%	0.25%
CMCSA	B	5.48%	0.24%	0.24%
CNC	D	0.48%	0.14%	0.14%
COF	C	0.96%	0.23%	0.23%
COKE	C	0.17%	0.12%	0.12%
CPB	D	0.21%	0.2%	0.2%
CRBG	B	0.29%	0.17%	0.17%
CTRA	B	0.45%	0.23%	0.23%
CTVA	C	0.62%	0.15%	0.15%
CVS	D	1.08%	0.14%	0.14%
D	C	0.5%	0.21%	0.21%
DD	C	0.69%	0.17%	0.17%
DELL	B	3.41%	0.09%	0.09%
DG	F	0.76%	0.09%	0.09%
EBAY	D	1.1%	0.2%	0.2%
ED	C	0.36%	0.26%	0.26%
EG	C	0.24%	0.19%	0.19%
EL	F	0.74%	0.09%	0.09%
EQH	C	0.22%	0.23%	0.22%
EQT	B	0.39%	0.2%	0.2%
ETR	B	0.32%	0.32%	0.32%
EVRG	A	0.14%	0.29%	0.14%
EXC	C	0.38%	0.22%	0.22%
EXPE	B	0.36%	0.15%	0.15%
F	C	0.72%	0.12%	0.12%
FCNCA	A	0.71%	0.17%	0.17%
FDX	B	1.15%	0.15%	0.15%
FNF	B	0.24%	0.2%	0.2%
FOXA	A	0.83%	0.25%	0.25%
GM	C	1.04%	0.19%	0.19%
GPC	D	0.28%	0.17%	0.17%
HPE	B	1.06%	0.15%	0.15%
HPQ	B	1.47%	0.15%	0.15%
HUM	C	0.55%	0.1%	0.1%
INCY	C	0.41%	0.22%	0.22%
INTC	C	3.52%	0.1%	0.1%
IP	A	0.47%	0.19%	0.19%
JEF	A	0.2%	0.24%	0.2%
JLL	D	0.2%	0.15%	0.15%
KHC	F	0.62%	0.2%	0.2%
KMX	B	0.2%	0.12%	0.12%
KR	B	1.77%	0.24%	0.24%
L	A	0.27%	0.33%	0.27%
LEN	D	0.6%	0.14%	0.14%
LUV	C	0.34%	0.13%	0.13%
MET	A	0.83%	0.26%	0.26%
MGM	D	0.08%	0.14%	0.08%
MKL	A	0.34%	0.25%	0.25%
NI	A	0.16%	0.32%	0.16%
NTAP	C	0.98%	0.14%	0.14%
NUE	C	0.67%	0.17%	0.17%
OVV	B	0.27%	0.18%	0.18%
PAG	B	0.19%	0.17%	0.17%
PCG	A	0.46%	0.27%	0.27%
PFG	D	0.29%	0.26%	0.26%
PFGC	B	0.22%	0.21%	0.21%
PPG	F	0.39%	0.26%	0.26%
PPL	A	0.24%	0.31%	0.24%
PRU	A	0.67%	0.22%	0.22%
RGA	A	0.22%	0.22%	0.22%
RNR	C	0.21%	0.22%	0.21%
RPM	A	0.21%	0.26%	0.21%
RS	B	0.38%	0.19%	0.19%
SNA	A	0.22%	0.26%	0.22%
SOLV	D	0.35%	0.13%	0.13%
SRE	A	0.53%	0.3%	0.3%
SYF	B	0.34%	0.2%	0.2%
SYY	D	0.57%	0.23%	0.23%
T	A	5.05%	0.28%	0.28%
TAP	C	0.17%	0.23%	0.17%
TOL	B	0.18%	0.13%	0.13%
TRV	B	0.83%	0.25%	0.25%
TXT	D	0.26%	0.19%	0.19%
UAL	A	0.39%	0.22%	0.22%
VZ	C	4.68%	0.23%	0.23%
WRB	A	0.34%	0.22%	0.22%
ZBH	C	0.64%	0.24%	0.24%
ZM	C	0.96%	0.17%	0.17%

NXTV Overweight 106 Positions Relative to CFA

Symbol	Grade	Weight
PFE	F	4.63%
WDC	D	0.92%
GFS	C	0.91%
VICI	C	0.85%
SNAP	D	0.75%
NWS	A	0.72%
DLTR	F	0.61%
ILMN	C	0.58%
MRNA	F	0.57%
TWLO	A	0.55%
JNPR	D	0.54%
CACI	D	0.53%
BAX	F	0.53%
ACI	C	0.49%
TPR	B	0.48%
LBRDK	C	0.46%
CCL	A	0.45%
ALB	B	0.43%
SNX	D	0.42%
VTRS	A	0.42%
MRO	B	0.39%
FYBR	C	0.37%
GAP	C	0.37%
CIEN	C	0.36%
FLEX	B	0.35%
DBX	B	0.34%
TSN	B	0.32%
PATH	C	0.31%
LEVI	F	0.3%
FTI	A	0.3%
BILL	A	0.29%
PEGA	B	0.29%
ARE	F	0.28%
SWK	D	0.28%
EXEL	B	0.27%
HSIC	C	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
BIO	C	0.26%
WCC	B	0.23%
VFC	C	0.23%
NSIT	F	0.23%
LUMN	C	0.23%
SATS	D	0.23%
USM	B	0.22%
AIT	B	0.22%
KD	B	0.22%
CNH	C	0.21%
W	D	0.21%
ROKU	D	0.21%
M	F	0.2%
ELAN	D	0.2%
CLVT	D	0.2%
CNA	C	0.2%
JAZZ	B	0.2%
COTY	F	0.19%
RIVN	F	0.19%
AR	B	0.19%
RHI	C	0.18%
UPST	B	0.18%
UNM	A	0.18%
AA	A	0.18%
DINO	D	0.18%
ARW	D	0.17%
AEO	F	0.17%
IAC	F	0.17%
JWN	D	0.17%
ADTN	A	0.17%
LKQ	F	0.17%
FLS	B	0.17%
SIG	B	0.16%
AIZ	A	0.16%
ALIT	C	0.16%
BWA	D	0.16%
NOV	C	0.16%
PVH	C	0.16%
WHR	B	0.16%
ZI	D	0.16%
BEN	C	0.16%
WFRD	D	0.15%
X	B	0.15%
CLF	F	0.15%
LAD	A	0.15%
GL	C	0.15%
DXC	B	0.15%
URBN	C	0.15%
ASO	F	0.15%
FRSH	B	0.15%
SANM	B	0.15%
XRAY	F	0.14%
SLAB	F	0.14%
ORI	A	0.14%
AGR	A	0.14%
FHN	A	0.14%
CIVI	D	0.13%
INGR	C	0.13%
CXT	C	0.13%
WBD	B	0.13%
SON	F	0.13%
MUR	D	0.12%
ALKS	C	0.12%
CPRI	F	0.1%
LCID	F	0.09%
BYD	B	0.05%
DLB	B	0.05%

NXTV Underweight 407 Positions Relative to CFA

Symbol	Grade	Weight
TMUS	B	-0.42%
KMI	A	-0.37%
ADP	A	-0.35%
V	A	-0.35%
ATO	A	-0.35%
BRK.A	B	-0.35%
RSG	A	-0.34%
FI	A	-0.34%
ITW	B	-0.33%
KO	D	-0.33%
WMB	A	-0.33%
HON	C	-0.33%
MA	B	-0.32%
OKE	A	-0.32%
TRGP	A	-0.32%
AMP	A	-0.32%
CHD	A	-0.32%
PM	B	-0.31%
PG	C	-0.31%
BK	A	-0.31%
MSI	B	-0.31%
LIN	C	-0.3%
DUK	C	-0.3%
LMT	D	-0.3%
ICE	C	-0.3%
RJF	A	-0.3%
PEG	A	-0.3%
LNG	A	-0.3%
BSX	A	-0.3%
MMC	B	-0.3%
PKG	A	-0.29%
GD	D	-0.29%
SPGI	C	-0.29%
HOLX	D	-0.29%
CSCO	B	-0.29%
BLK	B	-0.29%
HLT	A	-0.29%
EA	A	-0.29%
WMT	A	-0.29%
CL	D	-0.29%
YUM	D	-0.29%
JNJ	C	-0.28%
LHX	C	-0.28%
SO	C	-0.28%
CB	C	-0.28%
COR	B	-0.28%
CSX	C	-0.28%
OTIS	C	-0.28%
CME	B	-0.28%
IBKR	A	-0.28%
CPRT	B	-0.27%
ABT	B	-0.27%
PAYX	B	-0.27%
MO	A	-0.27%
TJX	A	-0.27%
FE	C	-0.27%
WM	B	-0.27%
CVX	A	-0.27%
GGG	B	-0.27%
GWW	B	-0.27%
MAR	A	-0.27%
IEX	C	-0.27%
CMS	C	-0.27%
LNT	A	-0.27%
ORLY	B	-0.26%
ROP	B	-0.26%
XOM	B	-0.26%
AEE	A	-0.26%
RTX	D	-0.26%
MS	A	-0.26%
MCD	D	-0.26%
WAB	B	-0.26%
NDAQ	A	-0.26%
WEC	A	-0.26%
BRO	B	-0.26%
CW	C	-0.26%
LDOS	C	-0.26%
CTAS	B	-0.26%
JPM	A	-0.26%
SYK	B	-0.26%
AFG	A	-0.26%
FAST	B	-0.26%
BR	A	-0.26%
DOV	A	-0.25%
FDS	B	-0.25%
UNP	C	-0.25%
APP	B	-0.25%
SCI	B	-0.25%
AVY	F	-0.25%
HD	B	-0.25%
HIG	B	-0.25%
AME	A	-0.25%
VRSN	C	-0.25%
SSNC	B	-0.25%
JKHY	D	-0.25%
CNP	A	-0.25%
PEP	F	-0.25%
MDT	D	-0.25%
AJG	A	-0.25%
BAC	A	-0.24%
HEI	A	-0.24%
DGX	A	-0.24%
COST	A	-0.24%
DTE	C	-0.24%
KDP	F	-0.24%
VRSK	A	-0.24%
WFC	A	-0.24%
BDX	F	-0.24%
MCK	A	-0.24%
COP	C	-0.24%
NTRS	A	-0.24%
PTC	B	-0.24%
STZ	D	-0.24%
EIX	B	-0.24%
MDLZ	F	-0.24%
STT	B	-0.24%
TW	A	-0.24%
MSFT	D	-0.24%
GDDY	A	-0.24%
GS	A	-0.24%
LYV	A	-0.23%
EMR	B	-0.23%
CBOE	C	-0.23%
MCO	B	-0.23%
AXP	A	-0.23%
CMI	A	-0.23%
TXRH	B	-0.23%
SHW	B	-0.23%
ECL	D	-0.23%
TT	A	-0.23%
AFL	B	-0.23%
XEL	A	-0.23%
PGR	A	-0.23%
CAH	B	-0.23%
CLX	A	-0.23%
J	D	-0.23%
BKR	A	-0.23%
CTSH	B	-0.23%
DRI	B	-0.23%
AON	A	-0.23%
KMB	C	-0.23%
VMC	B	-0.23%
EOG	A	-0.23%
ACM	B	-0.23%
AEP	C	-0.23%
TRMB	B	-0.23%
MORN	B	-0.23%
NOC	D	-0.23%
MNST	C	-0.23%
EMN	C	-0.22%
LYB	F	-0.22%
AXON	A	-0.22%
LH	B	-0.22%
DIS	B	-0.22%
ROST	D	-0.22%
SCHW	B	-0.22%
CI	D	-0.22%
USFD	A	-0.22%
AWK	C	-0.22%
LOW	C	-0.22%
PCAR	B	-0.22%
MTB	A	-0.22%
BKNG	A	-0.22%
DAL	B	-0.22%
NWSA	A	-0.22%
APO	B	-0.22%
OMC	C	-0.22%
TDY	B	-0.22%
MLM	C	-0.22%
TROW	B	-0.22%
ROL	B	-0.22%
EXPD	C	-0.22%
AZO	C	-0.22%
FIS	C	-0.22%
NDSN	B	-0.21%
GIS	D	-0.21%
ALLE	C	-0.21%
GILD	C	-0.21%
CPAY	A	-0.21%
LPLA	A	-0.21%
IT	C	-0.21%
XYL	D	-0.21%
EWBC	A	-0.21%
GRMN	B	-0.21%
IBM	C	-0.21%
JCI	B	-0.21%
HBAN	A	-0.21%
DE	B	-0.21%
LVS	B	-0.21%
FTV	C	-0.21%
PNC	B	-0.21%
FFIV	B	-0.21%
AMZN	C	-0.2%
RF	A	-0.2%
STE	D	-0.2%
ACGL	C	-0.2%
FICO	B	-0.2%
APH	A	-0.2%
TYL	B	-0.2%
EME	A	-0.2%
STLD	B	-0.2%
AAPL	C	-0.2%
TDG	D	-0.2%
IR	B	-0.2%
TSCO	D	-0.2%
ADSK	A	-0.2%
OWL	A	-0.2%
BX	A	-0.2%
VLTO	C	-0.2%
CAT	B	-0.2%
ARES	A	-0.2%
SJM	D	-0.2%
ORCL	A	-0.2%
PH	A	-0.2%
DOW	F	-0.2%
ABBV	F	-0.2%
ITT	A	-0.2%
OXY	D	-0.2%
ACN	B	-0.2%
TPL	A	-0.19%
GOOGL	C	-0.19%
GLW	B	-0.19%
TMO	F	-0.19%
CSL	C	-0.19%
CAG	F	-0.19%
ISRG	A	-0.19%
APD	A	-0.19%
NVR	D	-0.19%
WSO	A	-0.19%
WMG	D	-0.19%
RCL	A	-0.19%
IPG	D	-0.19%
CLH	C	-0.19%
FITB	B	-0.19%
CBRE	B	-0.19%
UNH	B	-0.19%
USB	A	-0.19%
HSY	F	-0.19%
NFLX	A	-0.19%
ETN	A	-0.19%
REGN	F	-0.18%
LII	A	-0.18%
HUBB	B	-0.18%
DVA	C	-0.18%
UPS	C	-0.18%
CASY	A	-0.18%
MRK	D	-0.18%
PSX	C	-0.18%
DHR	F	-0.18%
SLB	C	-0.18%
OC	A	-0.18%
KVUE	A	-0.18%
HAL	C	-0.18%
KKR	A	-0.18%
CF	A	-0.18%
MKC	C	-0.18%
NSC	B	-0.18%
RYAN	A	-0.18%
INTU	B	-0.18%
H	B	-0.18%
JBHT	C	-0.18%
ODFL	C	-0.17%
GE	D	-0.17%
CRM	B	-0.17%
GEN	B	-0.17%
TTEK	F	-0.17%
NEE	C	-0.17%
DOCU	B	-0.17%
ZTS	D	-0.17%
CMG	B	-0.17%
HCA	F	-0.17%
PWR	A	-0.17%
AOS	F	-0.17%
MAS	D	-0.17%
TXN	C	-0.17%
PR	B	-0.17%
DPZ	C	-0.17%
DVN	F	-0.17%
ELV	F	-0.17%
GPN	B	-0.17%
FANG	C	-0.17%
IDXX	F	-0.16%
PYPL	B	-0.16%
UTHR	C	-0.16%
ABNB	C	-0.16%
A	D	-0.16%
VEEV	C	-0.16%
MSCI	C	-0.16%
KEY	B	-0.16%
CSGP	D	-0.16%
HWM	A	-0.16%
VLO	C	-0.16%
VST	A	-0.16%
CDNS	B	-0.16%
WAT	C	-0.16%
CARR	C	-0.16%
HII	F	-0.15%
GEV	B	-0.15%
STX	C	-0.15%
AKAM	D	-0.15%
CHRW	B	-0.15%
WLK	D	-0.15%
PHM	D	-0.15%
MPC	D	-0.15%
PODD	C	-0.15%
ZBRA	B	-0.15%
GEHC	D	-0.15%
PLTR	B	-0.15%
TGT	F	-0.15%
UHS	D	-0.15%
HRL	D	-0.15%
MANH	D	-0.15%
POOL	C	-0.15%
ERIE	D	-0.15%
CDW	F	-0.15%
AMGN	F	-0.15%
NRG	B	-0.15%
DT	D	-0.15%
NOW	A	-0.15%
BAH	F	-0.15%
TFX	F	-0.14%
FTNT	C	-0.14%
SNPS	B	-0.14%
FIX	A	-0.14%
CPNG	D	-0.14%
DDOG	A	-0.14%
BSY	F	-0.14%
URI	C	-0.14%
RVTY	F	-0.14%
XPO	B	-0.14%
WDAY	B	-0.14%
ULTA	F	-0.14%
ROK	C	-0.14%
UHAL	D	-0.14%
KEYS	A	-0.14%
HOOD	B	-0.14%
WST	C	-0.13%
VRT	B	-0.13%
META	D	-0.13%
EFX	F	-0.13%
MOH	F	-0.13%
BURL	B	-0.13%
CHTR	C	-0.13%
ADI	D	-0.13%
TSLA	B	-0.13%
FCX	F	-0.13%
THC	D	-0.13%
DECK	A	-0.13%
SQ	A	-0.13%
JBL	C	-0.13%
ALGN	D	-0.12%
UBER	F	-0.12%
DHI	F	-0.12%
NKE	F	-0.12%
TTD	B	-0.12%
IQV	F	-0.12%
LLY	F	-0.12%
CEG	C	-0.12%
BMRN	F	-0.12%
SBUX	A	-0.12%
EPAM	B	-0.12%
CRWD	B	-0.12%
ANET	C	-0.12%
MMM	D	-0.12%
NBIX	C	-0.12%
PANW	B	-0.11%
COIN	C	-0.11%
WMS	F	-0.11%
FND	D	-0.11%
WING	D	-0.11%
QCOM	F	-0.11%
MTD	F	-0.11%
AVTR	F	-0.11%
RMD	C	-0.11%
TECH	F	-0.11%
NXPI	D	-0.11%
ADBE	C	-0.11%
LRCX	F	-0.1%
SWKS	F	-0.1%
DKS	D	-0.1%
AMAT	F	-0.1%
ENTG	D	-0.1%
NVDA	B	-0.1%
BLD	D	-0.1%
WSM	C	-0.1%
KNSL	B	-0.1%
PINS	F	-0.1%
EW	C	-0.1%
CE	F	-0.1%
MCHP	F	-0.1%
AES	F	-0.1%
AVGO	D	-0.1%
KLAC	F	-0.09%
CVNA	B	-0.09%
PSTG	D	-0.09%
AMD	F	-0.09%
APTV	F	-0.09%
FSLR	F	-0.08%
TER	F	-0.08%
CHWY	B	-0.08%
ON	D	-0.08%
DXCM	C	-0.08%
SRPT	F	-0.07%
MPWR	F	-0.06%
RKT	F	-0.06%
ENPH	F	-0.04%
SMCI	F	-0.02%