NXTV vs. EUSA ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to iShares MSCI USA Index Fund (EUSA)

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

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$100.97

Average Daily Volume

45,044

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	EUSA
30 Days	5.48%	5.56%
60 Days	5.83%	6.51%
90 Days	10.13%	8.86%
12 Months		32.13%

106 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in EUSA	Overlap
ACI	C	0.49%	0.15%	0.15%
ADM	D	0.4%	0.14%	0.14%
AIG	B	0.75%	0.17%	0.17%
AIZ	A	0.16%	0.2%	0.16%
ALB	C	0.43%	0.2%	0.2%
ALL	A	0.74%	0.17%	0.17%
ALLY	C	0.2%	0.14%	0.14%
ARE	D	0.28%	0.14%	0.14%
BAX	D	0.53%	0.14%	0.14%
BBY	D	0.91%	0.16%	0.16%
BEN	C	0.16%	0.15%	0.15%
BG	F	0.18%	0.15%	0.15%
BIIB	F	0.78%	0.12%	0.12%
BIO	D	0.26%	0.16%	0.16%
BLDR	D	0.24%	0.17%	0.17%
C	A	1.95%	0.18%	0.18%
CCL	B	0.45%	0.26%	0.26%
CFG	B	0.3%	0.18%	0.18%
CINF	A	0.33%	0.19%	0.19%
CMCSA	B	5.48%	0.17%	0.17%
CNC	D	0.48%	0.12%	0.12%
CNH	C	0.21%	0.18%	0.18%
COF	B	0.96%	0.2%	0.2%
CPB	D	0.21%	0.14%	0.14%
CTRA	B	0.45%	0.17%	0.17%
CTVA	C	0.62%	0.17%	0.17%
CVS	D	1.08%	0.15%	0.15%
D	C	0.5%	0.16%	0.16%
DD	D	0.69%	0.16%	0.16%
DELL	C	3.41%	0.19%	0.19%
DG	F	0.76%	0.1%	0.1%
DINO	D	0.18%	0.14%	0.14%
DLTR	F	0.61%	0.1%	0.1%
EBAY	D	1.1%	0.17%	0.17%
ED	D	0.36%	0.15%	0.15%
EG	C	0.24%	0.16%	0.16%
EL	F	0.74%	0.11%	0.11%
EQH	B	0.22%	0.15%	0.15%
EQT	B	0.39%	0.21%	0.21%
ETR	B	0.32%	0.2%	0.2%
EVRG	A	0.14%	0.17%	0.14%
EXC	C	0.38%	0.16%	0.16%
EXPE	B	0.36%	0.21%	0.21%
F	C	0.72%	0.17%	0.17%
FCNCA	A	0.71%	0.18%	0.18%
FDX	B	1.15%	0.16%	0.16%
FNF	B	0.24%	0.17%	0.17%
FOXA	B	0.83%	0.12%	0.12%
GM	B	1.04%	0.19%	0.19%
GPC	D	0.28%	0.14%	0.14%
HPE	B	1.06%	0.18%	0.18%
HPQ	B	1.47%	0.17%	0.17%
HSIC	B	0.27%	0.17%	0.17%
HUM	C	0.55%	0.12%	0.12%
ILMN	D	0.58%	0.16%	0.16%
INCY	C	0.41%	0.17%	0.17%
INTC	D	3.52%	0.18%	0.18%
IP	B	0.47%	0.19%	0.19%
JNPR	F	0.54%	0.14%	0.14%
KHC	F	0.62%	0.14%	0.14%
KMX	B	0.2%	0.15%	0.15%
KR	B	1.77%	0.18%	0.18%
L	A	0.27%	0.17%	0.17%
LEN	D	0.6%	0.15%	0.15%
LKQ	D	0.17%	0.14%	0.14%
LUV	C	0.34%	0.19%	0.19%
MET	A	0.83%	0.2%	0.2%
MGM	D	0.08%	0.15%	0.08%
MKL	A	0.34%	0.17%	0.17%
MRNA	F	0.57%	0.07%	0.07%
MRO	B	0.39%	0.16%	0.16%
NI	A	0.16%	0.18%	0.16%
NTAP	C	0.98%	0.15%	0.15%
NUE	C	0.67%	0.16%	0.16%
OVV	B	0.27%	0.17%	0.17%
PCG	A	0.46%	0.18%	0.18%
PFE	D	4.63%	0.14%	0.14%
PFG	D	0.29%	0.17%	0.17%
PPG	F	0.39%	0.15%	0.15%
PPL	B	0.24%	0.17%	0.17%
PRU	A	0.67%	0.19%	0.19%
RIVN	F	0.19%	0.12%	0.12%
ROKU	D	0.21%	0.19%	0.19%
RPM	A	0.21%	0.18%	0.18%
RS	B	0.38%	0.17%	0.17%
SNA	A	0.22%	0.2%	0.2%
SNAP	C	0.75%	0.17%	0.17%
SOLV	C	0.35%	0.18%	0.18%
SRE	A	0.53%	0.18%	0.18%
SWK	D	0.28%	0.14%	0.14%
SYF	B	0.34%	0.22%	0.22%
SYY	B	0.57%	0.15%	0.15%
T	A	5.05%	0.18%	0.18%
TAP	C	0.17%	0.18%	0.17%
TRV	B	0.83%	0.19%	0.19%
TSN	B	0.32%	0.16%	0.16%
TWLO	A	0.55%	0.25%	0.25%
TXT	D	0.26%	0.15%	0.15%
VICI	C	0.85%	0.16%	0.16%
VTRS	A	0.42%	0.18%	0.18%
VZ	C	4.68%	0.16%	0.16%
WBD	C	0.13%	0.19%	0.13%
WDC	D	0.92%	0.16%	0.16%
WRB	A	0.34%	0.17%	0.17%
ZBH	C	0.64%	0.16%	0.16%
ZM	B	0.96%	0.21%	0.21%

NXTV Overweight 88 Positions Relative to EUSA

Symbol	Grade	Weight
GFS	C	0.91%
NWS	B	0.72%
CACI	D	0.53%
TPR	B	0.48%
LBRDK	C	0.46%
SNX	C	0.42%
UAL	A	0.39%
FYBR	D	0.37%
GAP	C	0.37%
CIEN	B	0.36%
FLEX	A	0.35%
DBX	B	0.34%
PATH	C	0.31%
LEVI	F	0.3%
FTI	A	0.3%
CRBG	B	0.29%
BILL	A	0.29%
PEGA	A	0.29%
EXEL	B	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
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%
AIT	A	0.22%
KD	B	0.22%
W	F	0.21%
RNR	C	0.21%
M	D	0.2%
JEF	A	0.2%
JLL	D	0.2%
ELAN	D	0.2%
CLVT	F	0.2%
CNA	B	0.2%
JAZZ	B	0.2%
COTY	F	0.19%
PAG	B	0.19%
AR	B	0.19%
RHI	B	0.18%
UPST	B	0.18%
UNM	A	0.18%
AA	B	0.18%
TOL	B	0.18%
COKE	C	0.17%
ARW	D	0.17%
AEO	F	0.17%
IAC	D	0.17%
JWN	C	0.17%
ADTN	A	0.17%
FLS	B	0.17%
SIG	B	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%
WFRD	D	0.15%
X	C	0.15%
CLF	F	0.15%
LAD	A	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%
ORI	A	0.14%
AGR	B	0.14%
FHN	A	0.14%
CIVI	D	0.13%
INGR	B	0.13%
CXT	B	0.13%
SON	D	0.13%
MUR	D	0.12%
ALKS	B	0.12%
CPRI	F	0.1%
LCID	F	0.09%
BYD	C	0.05%
DLB	B	0.05%

NXTV Underweight 485 Positions Relative to EUSA

Symbol	Grade	Weight
APP	B	-0.58%
MSTR	C	-0.51%
PLTR	B	-0.31%
VST	B	-0.31%
GEV	B	-0.29%
VRT	B	-0.29%
HOOD	B	-0.28%
TOST	B	-0.28%
TPL	A	-0.27%
APO	B	-0.26%
DAL	C	-0.26%
AXON	A	-0.26%
COIN	C	-0.26%
TSLA	B	-0.25%
TEAM	A	-0.25%
LPLA	A	-0.23%
TRGP	B	-0.23%
SQ	B	-0.23%
RCL	A	-0.23%
Z	A	-0.22%
LYV	A	-0.22%
BX	A	-0.22%
DASH	A	-0.22%
EME	C	-0.22%
DOCU	A	-0.22%
FI	A	-0.22%
HUBS	A	-0.22%
RJF	A	-0.22%
PODD	C	-0.22%
HBAN	A	-0.21%
WFC	A	-0.21%
EXE	B	-0.21%
WMB	A	-0.21%
MTB	A	-0.21%
BKNG	A	-0.21%
CRWD	B	-0.21%
MS	A	-0.21%
CPAY	A	-0.21%
ORCL	B	-0.21%
KMI	A	-0.21%
PAYC	B	-0.21%
DAY	B	-0.21%
PWR	A	-0.2%
CRM	B	-0.2%
PNR	A	-0.2%
DKNG	B	-0.2%
TRMB	B	-0.2%
DIS	B	-0.2%
V	A	-0.2%
DLR	B	-0.2%
NFLX	A	-0.2%
EMR	A	-0.2%
BKR	B	-0.2%
NTRS	A	-0.2%
CG	A	-0.2%
FLUT	A	-0.2%
IOT	A	-0.2%
AMP	A	-0.2%
DFS	B	-0.2%
RBLX	C	-0.2%
KKR	A	-0.2%
MRVL	B	-0.2%
FICO	B	-0.2%
OKE	A	-0.2%
NET	B	-0.19%
WELL	A	-0.19%
PH	A	-0.19%
GRMN	B	-0.19%
HLT	A	-0.19%
BLK	C	-0.19%
CBRE	B	-0.19%
PNC	B	-0.19%
JCI	C	-0.19%
TT	A	-0.19%
PYPL	B	-0.19%
TTWO	A	-0.19%
BMY	B	-0.19%
GS	A	-0.19%
ARES	A	-0.19%
JBL	B	-0.19%
SEIC	B	-0.19%
FTNT	C	-0.19%
WYNN	D	-0.19%
BK	A	-0.19%
APD	A	-0.19%
PKG	A	-0.19%
CMI	A	-0.19%
LNG	B	-0.19%
LVS	C	-0.19%
GWW	B	-0.19%
FAST	B	-0.19%
BAC	A	-0.19%
FFIV	B	-0.19%
ADSK	A	-0.19%
CNP	B	-0.19%
HUBB	B	-0.19%
NOW	A	-0.19%
HWM	A	-0.19%
OC	A	-0.19%
MA	C	-0.19%
LW	C	-0.19%
STLD	B	-0.19%
ETN	A	-0.19%
WAB	B	-0.19%
SW	A	-0.19%
CEG	D	-0.19%
RF	A	-0.19%
MAR	B	-0.19%
SCHW	B	-0.19%
AEE	A	-0.18%
IEX	B	-0.18%
TDY	B	-0.18%
ZBRA	B	-0.18%
ISRG	A	-0.18%
ABNB	C	-0.18%
CAT	B	-0.18%
EA	A	-0.18%
CMG	B	-0.18%
DECK	A	-0.18%
KIM	A	-0.18%
ATO	A	-0.18%
PAYX	C	-0.18%
ADP	B	-0.18%
AON	A	-0.18%
SYK	C	-0.18%
MCK	B	-0.18%
CSCO	B	-0.18%
WSO	A	-0.18%
JPM	A	-0.18%
HON	B	-0.18%
ACM	A	-0.18%
AXP	A	-0.18%
BXP	D	-0.18%
EPAM	C	-0.18%
MSI	B	-0.18%
MDB	C	-0.18%
JKHY	D	-0.18%
GDDY	A	-0.18%
PEG	A	-0.18%
VMC	B	-0.18%
IR	B	-0.18%
AMZN	C	-0.18%
WMT	A	-0.18%
NDAQ	A	-0.18%
AZPN	A	-0.18%
MNST	C	-0.18%
KEY	B	-0.18%
SPG	B	-0.18%
MKTX	D	-0.18%
NVDA	C	-0.18%
DDOG	A	-0.18%
URI	B	-0.18%
FDS	B	-0.18%
GEN	B	-0.18%
BSX	B	-0.18%
XEL	A	-0.18%
LULU	C	-0.18%
TW	A	-0.18%
GLW	B	-0.18%
PCAR	B	-0.18%
GILD	C	-0.18%
USB	A	-0.18%
NRG	B	-0.18%
HIG	B	-0.18%
TMUS	B	-0.18%
TTD	B	-0.18%
FITB	A	-0.18%
FIS	C	-0.18%
AME	A	-0.18%
CRH	A	-0.18%
AFL	B	-0.18%
STT	A	-0.18%
ROK	B	-0.17%
UDR	B	-0.17%
REG	B	-0.17%
CB	C	-0.17%
MANH	D	-0.17%
PANW	C	-0.17%
TJX	A	-0.17%
HST	C	-0.17%
GE	D	-0.17%
MSCI	C	-0.17%
CDNS	B	-0.17%
EOG	A	-0.17%
SBUX	A	-0.17%
KNX	B	-0.17%
AVB	B	-0.17%
NWSA	B	-0.17%
HES	B	-0.17%
ORLY	B	-0.17%
ODFL	B	-0.17%
DGX	A	-0.17%
APH	A	-0.17%
LHX	C	-0.17%
META	D	-0.17%
COST	B	-0.17%
DE	A	-0.17%
RMD	C	-0.17%
DVA	B	-0.17%
PGR	A	-0.17%
IT	C	-0.17%
ANET	C	-0.17%
WEC	A	-0.17%
BR	A	-0.17%
IBM	C	-0.17%
NSC	B	-0.17%
VEEV	C	-0.17%
IRM	D	-0.17%
GPN	B	-0.17%
OTIS	C	-0.17%
H	B	-0.17%
LOW	D	-0.17%
CPRT	A	-0.17%
CARR	D	-0.17%
PTC	A	-0.17%
CAH	B	-0.17%
TGT	F	-0.17%
CHD	B	-0.17%
GGG	B	-0.17%
CVX	A	-0.17%
CME	A	-0.17%
CSL	C	-0.17%
TROW	B	-0.17%
VTR	C	-0.17%
LNT	A	-0.17%
CF	B	-0.17%
KVUE	A	-0.17%
ITW	B	-0.17%
MLM	B	-0.17%
BRO	B	-0.17%
CHRW	C	-0.17%
KEYS	A	-0.17%
LII	A	-0.17%
CLX	B	-0.17%
HD	A	-0.17%
EQIX	A	-0.17%
PM	B	-0.17%
MO	A	-0.17%
CTAS	B	-0.17%
WTW	B	-0.17%
WDAY	B	-0.17%
BRK.A	B	-0.17%
CHTR	C	-0.17%
TFC	A	-0.17%
DOV	A	-0.17%
AFG	A	-0.17%
STZ	D	-0.16%
GEHC	F	-0.16%
MDT	D	-0.16%
ROP	B	-0.16%
SSNC	B	-0.16%
SNOW	C	-0.16%
SBAC	D	-0.16%
DOC	D	-0.16%
CBOE	B	-0.16%
AAPL	C	-0.16%
PSX	C	-0.16%
CTLT	B	-0.16%
ELS	C	-0.16%
UNH	C	-0.16%
AEP	D	-0.16%
MAS	D	-0.16%
ROL	B	-0.16%
WTRG	B	-0.16%
ICE	C	-0.16%
VRSN	F	-0.16%
DTE	C	-0.16%
AVGO	D	-0.16%
HAL	C	-0.16%
WSM	B	-0.16%
K	A	-0.16%
DUK	C	-0.16%
PG	A	-0.16%
MCD	D	-0.16%
OMC	C	-0.16%
MMC	B	-0.16%
ECL	D	-0.16%
COP	C	-0.16%
MMM	D	-0.16%
CPT	B	-0.16%
SPGI	C	-0.16%
EW	C	-0.16%
CTSH	B	-0.16%
PSA	D	-0.16%
VLO	C	-0.16%
RTX	C	-0.16%
COR	B	-0.16%
WST	C	-0.16%
WY	D	-0.16%
WCN	A	-0.16%
CCK	C	-0.16%
NVR	D	-0.16%
CMS	C	-0.16%
COO	D	-0.16%
EIX	B	-0.16%
FCX	D	-0.16%
XOM	B	-0.16%
WAT	B	-0.16%
FWONK	B	-0.16%
EQR	B	-0.16%
DXCM	D	-0.16%
SO	D	-0.16%
DT	C	-0.16%
CSX	B	-0.16%
NLY	C	-0.16%
DPZ	C	-0.16%
RSG	A	-0.16%
UPS	C	-0.16%
TSCO	D	-0.16%
MAA	B	-0.16%
LH	C	-0.16%
AJG	B	-0.16%
TRU	D	-0.16%
DRI	B	-0.16%
NDSN	B	-0.16%
PHM	D	-0.16%
TYL	B	-0.16%
BURL	A	-0.16%
ANSS	B	-0.16%
ALLE	D	-0.16%
JBHT	C	-0.16%
GLPI	C	-0.16%
UTHR	C	-0.16%
EMN	D	-0.16%
ZS	C	-0.16%
POOL	C	-0.16%
VRSK	A	-0.16%
LDOS	C	-0.16%
WM	A	-0.16%
FTV	C	-0.16%
SHW	A	-0.16%
ESS	B	-0.16%
ABT	B	-0.16%
ACN	C	-0.16%
SJM	D	-0.15%
VRTX	F	-0.15%
PLD	D	-0.15%
MPC	D	-0.15%
ACGL	D	-0.15%
BBWI	D	-0.15%
AVY	D	-0.15%
ADI	D	-0.15%
ES	D	-0.15%
BALL	D	-0.15%
PINS	D	-0.15%
UNP	C	-0.15%
PARA	C	-0.15%
BSY	D	-0.15%
CCI	D	-0.15%
CI	F	-0.15%
O	D	-0.15%
KMB	D	-0.15%
MOS	F	-0.15%
UBER	D	-0.15%
ROST	C	-0.15%
BDX	F	-0.15%
SUI	D	-0.15%
VLTO	D	-0.15%
GD	F	-0.15%
ZTS	D	-0.15%
STX	D	-0.15%
ALGN	D	-0.15%
QCOM	F	-0.15%
JNJ	D	-0.15%
FBIN	D	-0.15%
INVH	D	-0.15%
AZO	C	-0.15%
MKC	D	-0.15%
RPRX	D	-0.15%
CSGP	D	-0.15%
LMT	D	-0.15%
SNPS	B	-0.15%
MELI	D	-0.15%
FE	C	-0.15%
FANG	D	-0.15%
INTU	C	-0.15%
WPC	D	-0.15%
AMH	D	-0.15%
NOC	D	-0.15%
TDG	D	-0.15%
YUM	B	-0.15%
LIN	D	-0.15%
TEL	B	-0.15%
NEE	D	-0.15%
AWK	D	-0.15%
HOLX	D	-0.15%
TXN	C	-0.15%
MCO	B	-0.15%
EXR	D	-0.15%
MSFT	F	-0.15%
FERG	B	-0.15%
SLB	C	-0.15%
EXPD	D	-0.15%
CHRD	D	-0.14%
CAG	D	-0.14%
DVN	F	-0.14%
NXPI	D	-0.14%
UHS	D	-0.14%
ON	D	-0.14%
NKE	D	-0.14%
AOS	F	-0.14%
GIS	D	-0.14%
PEP	F	-0.14%
KDP	D	-0.14%
ENTG	D	-0.14%
ADBE	C	-0.14%
WLK	D	-0.14%
IPG	D	-0.14%
J	F	-0.14%
AMD	F	-0.14%
OXY	D	-0.14%
DKS	C	-0.14%
ERIE	D	-0.14%
HCA	F	-0.14%
A	D	-0.14%
KO	D	-0.14%
MDLZ	F	-0.14%
DHI	D	-0.14%
IFF	D	-0.14%
TTC	D	-0.14%
AMT	D	-0.14%
BAH	F	-0.14%
MU	D	-0.14%
UHAL	D	-0.14%
STE	F	-0.14%
TECH	D	-0.14%
AMCR	D	-0.14%
RVTY	F	-0.14%
CRL	C	-0.14%
CL	D	-0.14%
XYL	D	-0.14%
HRL	D	-0.14%
ULTA	F	-0.14%
EXAS	D	-0.14%
NBIX	C	-0.13%
MTD	D	-0.13%
MCHP	D	-0.13%
MOH	F	-0.13%
PSTG	D	-0.13%
TFX	F	-0.13%
AMAT	F	-0.13%
EFX	F	-0.13%
MTCH	D	-0.13%
DOW	F	-0.13%
TMO	F	-0.13%
MRK	F	-0.13%
ALNY	D	-0.13%
IDXX	F	-0.13%
NEM	D	-0.13%
FSLR	F	-0.13%
BA	F	-0.13%
DHR	F	-0.13%
AKAM	D	-0.13%
HSY	F	-0.13%
AMGN	D	-0.13%
ABBV	D	-0.13%
LYB	F	-0.13%
APTV	D	-0.12%
OKTA	C	-0.12%
KLAC	D	-0.12%
LLY	F	-0.12%
AVTR	F	-0.12%
IQV	D	-0.12%
WBA	F	-0.12%
APA	D	-0.12%
TER	D	-0.12%
CDW	F	-0.12%
LRCX	F	-0.12%
AES	F	-0.12%
SWKS	F	-0.12%
CELH	F	-0.11%
HEI	B	-0.11%
HII	D	-0.11%
ELV	F	-0.11%
REGN	F	-0.1%
MPWR	F	-0.1%
BMRN	D	-0.1%
GOOGL	C	-0.09%
CE	F	-0.09%
QRVO	F	-0.09%
HEI	B	-0.08%
ENPH	F	-0.08%
GOOG	C	-0.08%
SMCI	F	-0.07%
FOX	A	-0.06%