NXTV vs. DGT ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to SPDR Global Dow ETF (based on The Global Dow) (DGT)

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

DGT

SPDR Global Dow ETF (based on The Global Dow)

DGT Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of multinational blue-chip issuers. In seeking to track the performance of The Global Dow (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is made up of 150 constituents from around the world selected by an Averages Committee comprised of the managing editor of the Wall Street Journal. It is non-diversified.

Grade (RS Rating)

Last Trade

$136.71

Average Daily Volume

7,051

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	DGT
30 Days	3.77%	-0.84%
60 Days	4.81%	0.51%
90 Days	8.56%	1.40%
12 Months		22.71%

13 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in DGT	Overlap
AIG	B	0.75%	0.68%	0.68%
BAX	F	0.53%	0.52%	0.52%
CCL	A	0.45%	0.93%	0.45%
CVS	D	1.08%	0.62%	0.62%
DD	C	0.69%	0.67%	0.67%
EBAY	D	1.1%	0.64%	0.64%
FDX	B	1.15%	0.67%	0.67%
HPQ	B	1.47%	0.72%	0.72%
INTC	C	3.52%	0.83%	0.83%
PFE	F	4.63%	0.58%	0.58%
T	A	5.05%	0.67%	0.67%
TRV	B	0.83%	0.71%	0.71%
VZ	C	4.68%	0.6%	0.6%

NXTV Overweight 181 Positions Relative to DGT

Symbol	Grade	Weight
CMCSA	B	5.48%
DELL	B	3.41%
C	A	1.95%
KR	B	1.77%
HPE	B	1.06%
GM	C	1.04%
NTAP	C	0.98%
COF	C	0.96%
ZM	C	0.96%
WDC	D	0.92%
BBY	D	0.91%
GFS	C	0.91%
VICI	C	0.85%
FOXA	A	0.83%
MET	A	0.83%
BIIB	F	0.78%
DG	F	0.76%
SNAP	D	0.75%
EL	F	0.74%
ALL	A	0.74%
NWS	A	0.72%
F	C	0.72%
FCNCA	A	0.71%
PRU	A	0.67%
NUE	C	0.67%
ZBH	C	0.64%
KHC	F	0.62%
CTVA	C	0.62%
DLTR	F	0.61%
LEN	D	0.6%
ILMN	C	0.58%
SYY	D	0.57%
MRNA	F	0.57%
TWLO	A	0.55%
HUM	C	0.55%
JNPR	D	0.54%
CACI	D	0.53%
SRE	A	0.53%
D	C	0.5%
ACI	C	0.49%
TPR	B	0.48%
CNC	D	0.48%
IP	A	0.47%
PCG	A	0.46%
LBRDK	C	0.46%
CTRA	B	0.45%
ALB	B	0.43%
SNX	D	0.42%
VTRS	A	0.42%
INCY	C	0.41%
ADM	D	0.4%
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	C	0.37%
GAP	C	0.37%
CIEN	C	0.36%
EXPE	B	0.36%
ED	C	0.36%
SOLV	D	0.35%
FLEX	B	0.35%
WRB	A	0.34%
DBX	B	0.34%
LUV	C	0.34%
MKL	A	0.34%
SYF	B	0.34%
CINF	A	0.33%
ETR	B	0.32%
TSN	B	0.32%
PATH	C	0.31%
LEVI	F	0.3%
CFG	B	0.3%
FTI	A	0.3%
PFG	D	0.29%
CRBG	B	0.29%
BILL	A	0.29%
PEGA	B	0.29%
GPC	D	0.28%
ARE	F	0.28%
SWK	D	0.28%
EXEL	B	0.27%
OVV	B	0.27%
HSIC	C	0.27%
L	A	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
TXT	D	0.26%
BIO	C	0.26%
EG	C	0.24%
BLDR	D	0.24%
PPL	A	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%
SNA	A	0.22%
EQH	C	0.22%
AIT	B	0.22%
KD	B	0.22%
CNH	C	0.21%
RPM	A	0.21%
CPB	D	0.21%
W	D	0.21%
ROKU	D	0.21%
RNR	C	0.21%
M	F	0.2%
JEF	A	0.2%
JLL	D	0.2%
ELAN	D	0.2%
CLVT	D	0.2%
CNA	C	0.2%
ALLY	C	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	C	0.18%
UPST	B	0.18%
BG	D	0.18%
UNM	A	0.18%
AA	A	0.18%
TOL	B	0.18%
DINO	D	0.18%
COKE	C	0.17%
ARW	D	0.17%
AEO	F	0.17%
IAC	F	0.17%
JWN	D	0.17%
TAP	C	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%
NI	A	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%
EVRG	A	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%
MGM	D	0.08%
BYD	B	0.05%
DLB	B	0.05%

NXTV Underweight 80 Positions Relative to DGT

Symbol	Grade	Weight
WFC	A	-0.9%
TSLA	B	-0.89%
CRM	B	-0.86%
BKNG	A	-0.83%
PYPL	B	-0.81%
NVDA	B	-0.81%
GS	A	-0.8%
DIS	B	-0.79%
NFLX	A	-0.79%
BAC	A	-0.78%
HWM	A	-0.78%
JPM	A	-0.78%
ORCL	A	-0.76%
CSCO	B	-0.76%
AMZN	C	-0.75%
TSM	B	-0.75%
CVX	A	-0.75%
AXP	A	-0.74%
HON	C	-0.74%
BK	A	-0.74%
MFG	A	-0.74%
CAT	B	-0.74%
GILD	C	-0.73%
MUFG	B	-0.73%
MT	B	-0.72%
META	D	-0.72%
HD	B	-0.71%
SPG	A	-0.71%
V	A	-0.71%
XOM	B	-0.71%
SLB	C	-0.71%
COP	C	-0.71%
WMT	A	-0.69%
BRK.A	B	-0.69%
HSBH	B	-0.68%
ACN	B	-0.68%
UPS	C	-0.68%
PM	B	-0.67%
MCD	D	-0.67%
ABBV	F	-0.67%
AVGO	D	-0.67%
AAPL	C	-0.67%
RTX	D	-0.66%
DE	B	-0.66%
GE	D	-0.66%
ADBE	C	-0.66%
SBUX	A	-0.66%
UNH	B	-0.66%
ABT	B	-0.65%
SONY	B	-0.65%
MMM	D	-0.65%
MSFT	D	-0.65%
IBM	C	-0.64%
TM	F	-0.64%
QCOM	F	-0.64%
MDT	D	-0.63%
NKE	F	-0.63%
PG	C	-0.63%
INFY	C	-0.62%
DUK	C	-0.62%
UNP	C	-0.62%
PEP	F	-0.61%
AMD	F	-0.6%
JNJ	C	-0.6%
NVS	F	-0.59%
BA	F	-0.58%
ABBV	F	-0.58%
PLD	F	-0.58%
NEE	C	-0.58%
AMGN	F	-0.58%
CL	D	-0.57%
MDLZ	F	-0.57%
KO	D	-0.57%
MRK	D	-0.56%
LLY	F	-0.56%
HMC	F	-0.53%
BABA	D	-0.5%
GOOGL	C	-0.4%
GOOG	C	-0.34%
BABA	D	-0.2%