NXTV vs. FSMD ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to Fidelity Small-Mid Factor ETF (FSMD)
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
FSMD

Fidelity Small-Mid Factor ETF

FSMD Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$44.30

Average Daily Volume

86,159

Number of Holdings *

577

* may have additional holdings in another (foreign) market
Performance
Period NXTV FSMD
30 Days 5.48% 7.37%
60 Days 5.83% 7.55%
90 Days 10.13% 9.10%
12 Months 35.46%
60 Overlapping Holdings
Symbol Grade Weight in NXTV Weight in FSMD Overlap
ACI C 0.49% 0.19% 0.19%
ADTN A 0.17% 0.12% 0.12%
AEO F 0.17% 0.12% 0.12%
AGR B 0.14% 0.14% 0.14%
AIT A 0.22% 0.24% 0.22%
AIZ A 0.16% 0.28% 0.16%
ALKS B 0.12% 0.16% 0.12%
ALLY C 0.2% 0.22% 0.2%
AMKR D 0.26% 0.11% 0.11%
ARW D 0.17% 0.16% 0.16%
ASO F 0.15% 0.12% 0.12%
BWA D 0.16% 0.2% 0.16%
BYD C 0.05% 0.17% 0.05%
CACI D 0.53% 0.22% 0.22%
CIEN B 0.36% 0.25% 0.25%
CIVI D 0.13% 0.15% 0.13%
COKE C 0.17% 0.16% 0.16%
CPB D 0.21% 0.2% 0.2%
CRBG B 0.29% 0.2% 0.2%
CXT B 0.13% 0.12% 0.12%
DBX B 0.34% 0.19% 0.19%
DDS B 0.27% 0.11% 0.11%
DINO D 0.18% 0.18% 0.18%
DLB B 0.05% 0.16% 0.05%
DXC B 0.15% 0.14% 0.14%
ELAN D 0.2% 0.19% 0.19%
EQH B 0.22% 0.32% 0.22%
EXEL B 0.27% 0.28% 0.27%
FHN A 0.14% 0.27% 0.14%
FLS B 0.17% 0.2% 0.17%
FTI A 0.3% 0.3% 0.3%
GL B 0.15% 0.24% 0.15%
HSIC B 0.27% 0.23% 0.23%
INCY C 0.41% 0.27% 0.27%
INGR B 0.13% 0.23% 0.13%
JLL D 0.2% 0.27% 0.2%
JNPR F 0.54% 0.26% 0.26%
KD B 0.22% 0.2% 0.2%
L A 0.27% 0.33% 0.27%
LEVI F 0.3% 0.1% 0.1%
NSIT F 0.23% 0.12% 0.12%
ORI A 0.14% 0.24% 0.14%
PAG B 0.19% 0.12% 0.12%
PEGA A 0.29% 0.16% 0.16%
RGA A 0.22% 0.32% 0.22%
RHI B 0.18% 0.19% 0.18%
RNR C 0.21% 0.31% 0.21%
RPM A 0.21% 0.36% 0.21%
SANM B 0.15% 0.15% 0.15%
SNA A 0.22% 0.38% 0.22%
SNX C 0.42% 0.22% 0.22%
SOLV C 0.35% 0.25% 0.25%
SON D 0.13% 0.15% 0.13%
TAP C 0.17% 0.25% 0.17%
TOL B 0.18% 0.34% 0.18%
TPR B 0.48% 0.31% 0.31%
UNM A 0.18% 0.3% 0.18%
URBN C 0.15% 0.1% 0.1%
USM B 0.22% 0.12% 0.12%
WFRD D 0.15% 0.17% 0.15%
NXTV Overweight 134 Positions Relative to FSMD
Symbol Grade Weight
CMCSA B 5.48%
T A 5.05%
VZ C 4.68%
PFE D 4.63%
INTC D 3.52%
DELL C 3.41%
C A 1.95%
KR B 1.77%
HPQ B 1.47%
FDX B 1.15%
EBAY D 1.1%
CVS D 1.08%
HPE B 1.06%
GM B 1.04%
NTAP C 0.98%
COF B 0.96%
ZM B 0.96%
WDC D 0.92%
BBY D 0.91%
GFS C 0.91%
VICI C 0.85%
FOXA B 0.83%
MET A 0.83%
TRV B 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%
KHC F 0.62%
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%
CNC D 0.48%
IP B 0.47%
PCG A 0.46%
LBRDK C 0.46%
CCL B 0.45%
CTRA B 0.45%
ALB C 0.43%
VTRS A 0.42%
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 D 0.37%
GAP C 0.37%
EXPE B 0.36%
ED D 0.36%
FLEX A 0.35%
WRB A 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%
CFG B 0.3%
PFG D 0.29%
BILL A 0.29%
GPC D 0.28%
ARE D 0.28%
SWK D 0.28%
OVV B 0.27%
U C 0.27%
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%
LUMN C 0.23%
SATS D 0.23%
PFGC B 0.22%
CNH C 0.21%
W F 0.21%
ROKU D 0.21%
M D 0.2%
JEF A 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%
AR B 0.19%
UPST B 0.18%
BG F 0.18%
AA B 0.18%
IAC D 0.17%
JWN C 0.17%
LKQ D 0.17%
SIG B 0.16%
ALIT C 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%
X C 0.15%
CLF F 0.15%
LAD A 0.15%
FRSH C 0.15%
XRAY F 0.14%
SLAB D 0.14%
EVRG A 0.14%
WBD C 0.13%
MUR D 0.12%
CPRI F 0.1%
LCID F 0.09%
MGM D 0.08%
NXTV Underweight 517 Positions Relative to FSMD
Symbol Grade Weight
TPL A -0.6%
EME C -0.47%
LYV A -0.45%
NTRA B -0.44%
IBKR A -0.44%
NRG B -0.43%
LII A -0.39%
NTNX A -0.38%
FIX A -0.36%
GWRE A -0.36%
TW A -0.35%
MANH D -0.35%
UTHR C -0.35%
PNR A -0.35%
DUOL A -0.35%
WSO A -0.34%
SFM A -0.33%
NWSA B -0.33%
EWBC A -0.33%
OC A -0.33%
SW A -0.32%
CASY A -0.32%
THC D -0.32%
GGG B -0.31%
PSTG D -0.31%
ACM A -0.31%
DTM B -0.3%
CW B -0.3%
ROL B -0.29%
SCI B -0.29%
SF B -0.29%
TXRH C -0.29%
REG B -0.28%
CPT B -0.28%
ELS C -0.28%
NDSN B -0.28%
ITT A -0.27%
AMH D -0.27%
EVR B -0.27%
CHRW C -0.27%
BWXT B -0.27%
OWL A -0.27%
BRBR A -0.26%
LAMR D -0.26%
ALLE D -0.26%
ATR B -0.26%
CLH B -0.26%
UHS D -0.26%
WBS A -0.26%
NVT B -0.26%
NBIX C -0.26%
BXP D -0.26%
WAL B -0.25%
EHC B -0.25%
LECO B -0.25%
EXP A -0.25%
DOCS C -0.25%
BSY D -0.25%
MLI C -0.25%
GMED A -0.25%
BJ A -0.25%
CUBE D -0.25%
KNSL B -0.25%
DKS C -0.25%
PRI A -0.25%
HLI B -0.25%
AYI B -0.24%
WWD B -0.24%
MUSA A -0.24%
BLD D -0.24%
OGE B -0.24%
OHI C -0.24%
AAON B -0.24%
ERIE D -0.24%
PLNT A -0.24%
CMA A -0.24%
MASI A -0.24%
ALSN B -0.24%
CNX A -0.24%
WTFC A -0.23%
TTEK F -0.23%
CHDN B -0.23%
PCVX D -0.23%
NYT C -0.23%
TPX B -0.23%
HLNE B -0.23%
DVA B -0.23%
SRPT D -0.23%
BRX A -0.23%
AFG A -0.23%
ZION B -0.23%
DOX D -0.23%
RGLD C -0.23%
ENSG D -0.22%
VOYA B -0.22%
RL B -0.22%
ADMA B -0.22%
WH B -0.22%
RBC A -0.22%
CBSH A -0.22%
SEIC B -0.22%
MORN B -0.22%
WING D -0.22%
SNV B -0.22%
TFX F -0.21%
HRL D -0.21%
RLI B -0.21%
CVLT B -0.21%
ADC B -0.21%
MTSI B -0.21%
CHRD D -0.21%
QTWO A -0.21%
GPK C -0.21%
FN D -0.21%
DCI B -0.21%
CHE D -0.21%
GKOS B -0.21%
REXR F -0.21%
AXTA A -0.21%
CR A -0.21%
FRT B -0.21%
JXN C -0.2%
AXS A -0.2%
ONTO D -0.2%
SKX D -0.2%
TMHC B -0.2%
BERY B -0.2%
G B -0.2%
MMSI B -0.2%
EXLS B -0.2%
STRL B -0.2%
MTCH D -0.2%
RDNT B -0.2%
HRB D -0.2%
CORT B -0.2%
NNN D -0.2%
WMG C -0.19%
AWI A -0.19%
ALV C -0.19%
THG A -0.19%
GEO B -0.19%
ANF C -0.19%
WMS D -0.19%
COOP B -0.19%
ALTR B -0.19%
BPOP B -0.19%
ESAB B -0.19%
MGY A -0.19%
NFG A -0.19%
PRCT B -0.19%
TDS B -0.19%
UFPI B -0.19%
TTC D -0.19%
OMF A -0.19%
MEDP D -0.19%
AOS F -0.19%
EWTX C -0.19%
MTH D -0.18%
OSK B -0.18%
CEIX A -0.18%
SUM B -0.18%
CNM D -0.18%
SIGI C -0.18%
ESTC C -0.18%
UMBF B -0.18%
KNF A -0.18%
EPRT B -0.18%
MHK D -0.18%
SSD D -0.18%
VMI B -0.18%
FR C -0.18%
PIPR B -0.18%
BMI B -0.18%
R B -0.18%
ACIW B -0.18%
MTN C -0.18%
CSWI A -0.18%
CMC B -0.18%
GNTX C -0.18%
RGEN D -0.18%
MTG C -0.18%
MIR A -0.17%
ITGR B -0.17%
PI D -0.17%
BKH A -0.17%
QLYS C -0.17%
ESNT D -0.17%
DORM B -0.17%
SMLR B -0.17%
NOVT D -0.17%
LNTH D -0.17%
FTDR A -0.17%
FCN D -0.17%
NXST C -0.17%
SLM A -0.17%
SN D -0.17%
UGI A -0.17%
ACLX C -0.17%
VNT B -0.17%
BPMC C -0.17%
MOG.A B -0.17%
BFAM D -0.17%
SPSC C -0.17%
TREX C -0.17%
LRN A -0.17%
GPI A -0.17%
STAG F -0.17%
ESI A -0.17%
OLED D -0.17%
AROC B -0.17%
AMG B -0.17%
CBT C -0.17%
IDCC A -0.17%
CROX D -0.16%
CALM A -0.16%
ASB B -0.16%
CNO A -0.16%
CTRE D -0.16%
ZD C -0.16%
BTU B -0.16%
TGNA B -0.16%
MATX C -0.16%
APPF B -0.16%
LOPE B -0.16%
VIRT B -0.16%
SKYW B -0.16%
ALE A -0.16%
MSA D -0.16%
VRNS D -0.16%
HALO F -0.16%
CUZ B -0.16%
ROAD A -0.16%
SR A -0.16%
POST C -0.16%
OZK B -0.16%
LSTR D -0.16%
PRIM A -0.16%
SAIC F -0.16%
HII D -0.16%
PBH A -0.16%
ZWS B -0.16%
PLXS B -0.16%
KTB B -0.16%
BCPC B -0.16%
KBH D -0.16%
GHC C -0.15%
IBOC A -0.15%
KRC C -0.15%
HAE C -0.15%
SLGN A -0.15%
CHH A -0.15%
FULT A -0.15%
BRKR D -0.15%
IBP D -0.15%
CRVL A -0.15%
CRUS D -0.15%
FSS B -0.15%
HIMS B -0.15%
FHI A -0.15%
KAI A -0.15%
TENB C -0.15%
BGC C -0.15%
CRNX C -0.15%
NWE B -0.15%
PJT A -0.15%
IESC B -0.15%
BCC B -0.15%
TNL A -0.15%
CVCO A -0.15%
AGX B -0.15%
CATY B -0.15%
AVT C -0.15%
EEFT B -0.15%
AX A -0.15%
AGCO D -0.15%
ABG B -0.15%
RDN C -0.15%
WTS B -0.15%
OLLI D -0.15%
ACA A -0.15%
PRGS A -0.14%
HCC B -0.14%
EXPO D -0.14%
SLVM B -0.14%
GTES A -0.14%
ENVA B -0.14%
AVA A -0.14%
DEI B -0.14%
WDFC B -0.14%
TPH D -0.14%
FLO D -0.14%
PLMR B -0.14%
APAM B -0.14%
CXW B -0.14%
MWA B -0.14%
GNW A -0.14%
POWL C -0.14%
ATGE B -0.14%
CPRX C -0.14%
VCTR B -0.14%
USLM A -0.14%
VCEL B -0.14%
IDT B -0.14%
ESGR B -0.14%
SNEX B -0.14%
VVV F -0.14%
DY D -0.14%
MHO D -0.14%
KRYS B -0.14%
GPOR B -0.14%
SEM B -0.14%
NSA D -0.13%
MCY A -0.13%
VSTO A -0.13%
WKC D -0.13%
NEU C -0.13%
NMIH D -0.13%
BNL D -0.13%
CASH A -0.13%
FUL F -0.13%
WEN D -0.13%
WLK D -0.13%
CBZ B -0.13%
KFY B -0.13%
WU D -0.13%
ZETA D -0.13%
OTTR C -0.13%
PBF D -0.13%
PSN D -0.13%
HIW D -0.13%
TKR D -0.13%
YELP C -0.13%
FBP B -0.13%
UE C -0.13%
FELE B -0.13%
PHIN A -0.13%
ARCH B -0.13%
ASGN F -0.13%
BFH B -0.13%
SUPN C -0.13%
LMAT A -0.13%
HOG D -0.13%
AN C -0.13%
MMS F -0.13%
NHI D -0.13%
SKWD A -0.13%
TPB B -0.13%
MTX B -0.12%
ATEN B -0.12%
OGN D -0.12%
BRC D -0.12%
SBH C -0.12%
ENS D -0.12%
LBRT D -0.12%
PLTK B -0.12%
HUBG A -0.12%
ASH D -0.12%
CHCO B -0.12%
ADUS D -0.12%
LGND B -0.12%
MSM C -0.12%
HMN B -0.12%
EPAC B -0.12%
PPC C -0.12%
QCRH A -0.12%
BCO D -0.12%
COLM B -0.12%
SHOO D -0.12%
WSBC A -0.12%
AMED F -0.12%
OSIS B -0.12%
PINC B -0.12%
RUSHA C -0.12%
SXT B -0.12%
LANC C -0.12%
PATK D -0.12%
UTL B -0.11%
HCI C -0.11%
MDU D -0.11%
APOG B -0.11%
PLUS F -0.11%
MCRI A -0.11%
SPNT A -0.11%
LZB B -0.11%
CPF A -0.11%
SPOK C -0.11%
AMR C -0.11%
SHO C -0.11%
HNI B -0.11%
WABC B -0.11%
CTBI B -0.11%
VRRM D -0.11%
GOLF B -0.11%
STNG F -0.11%
PFBC B -0.11%
UNF B -0.11%
BHE B -0.11%
LTC B -0.11%
UFPT B -0.11%
CTS C -0.11%
STRA C -0.11%
EIG B -0.11%
OFG B -0.11%
AZZ B -0.11%
EQC B -0.11%
PAHC C -0.11%
AMRX C -0.11%
FORM D -0.11%
AMPH D -0.11%
BKE B -0.11%
PRDO B -0.11%
MCB B -0.11%
HWKN B -0.11%
IOSP B -0.11%
MGRC B -0.11%
ALRM C -0.11%
SCSC B -0.1%
TPC C -0.1%
ICFI F -0.1%
THFF B -0.1%
UTI A -0.1%
INFA D -0.1%
ACT D -0.1%
PDM D -0.1%
SIRI C -0.1%
SRCE B -0.1%
UVE B -0.1%
WINA B -0.1%
HSTM B -0.1%
MSBI B -0.1%
REX D -0.1%
IBCP B -0.1%
INVA D -0.1%
INSW F -0.1%
CRAI B -0.1%
GIII D -0.1%
TWST D -0.1%
CSV B -0.1%
HCKT B -0.1%
AAT B -0.1%
PLAB C -0.1%
USPH B -0.1%
UVSP B -0.1%
XHR B -0.1%
SXC A -0.1%
NHC C -0.1%
AMAL B -0.1%
PEBO A -0.1%
SCHL D -0.09%
FIZZ C -0.09%
ANDE D -0.09%
HSII B -0.09%
KLG C -0.09%
CFB B -0.09%
AMCX C -0.09%
DEA D -0.09%
WSR A -0.09%
CASS B -0.09%
FF D -0.09%
ASTH D -0.09%
UPBD B -0.09%
ROCK C -0.09%
CWCO C -0.09%
GNE D -0.09%
REYN D -0.09%
CUBI C -0.09%
BBSI B -0.09%
OLP B -0.09%
STAA F -0.08%
SCVL F -0.08%
ALX D -0.08%
VNDA C -0.08%
LPG F -0.08%
HE C -0.08%
MLR B -0.08%
SCS C -0.08%
IMKTA C -0.08%
HCSG C -0.08%
TNC D -0.08%
ZYXI D -0.08%
VSH D -0.08%
PGRE F -0.08%
COLL F -0.08%
CECO A -0.08%
ETD C -0.08%
SSTK F -0.08%
UTMD F -0.08%
EGY D -0.08%
SMP B -0.08%
KURA F -0.08%
CNXN C -0.08%
ANIP F -0.08%
ASC F -0.07%
KRT A -0.07%
BRY F -0.07%
CNXC F -0.07%
EBF F -0.07%
NSSC D -0.07%
JBSS D -0.07%
RMR F -0.07%
KFRC D -0.07%
NPK B -0.07%
TRNS D -0.07%
VECO F -0.07%
OSUR F -0.07%
METC C -0.07%
NVEC C -0.07%
IMMR C -0.06%
GIC D -0.06%
PANL F -0.06%
SIGA F -0.06%
SLP D -0.06%
AMN F -0.05%
KELYA F -0.05%
MRVI F -0.05%
CLW F -0.04%
JBI F -0.04%
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