NXTV vs. IVOG ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to Vanguard S&P Mid-Cap 400 Growth ETF (IVOG)

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

IVOG

Vanguard S&P Mid-Cap 400 Growth ETF

IVOG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Growth Index, which represents the growth companies of the S&P MidCap 400 Index. The index measures the performance of mid-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$122.15

Average Daily Volume

26,184

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	IVOG
30 Days	5.48%	7.09%
60 Days	5.83%	6.23%
90 Days	10.13%	7.03%
12 Months		34.15%

24 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in IVOG	Overlap
AIT	A	0.22%	0.6%	0.22%
BYD	C	0.05%	0.32%	0.05%
CACI	D	0.53%	0.31%	0.31%
CIEN	B	0.36%	0.25%	0.25%
CIVI	D	0.13%	0.3%	0.13%
COKE	C	0.17%	0.45%	0.17%
COTY	F	0.19%	0.18%	0.18%
CPRI	F	0.1%	0.08%	0.08%
DBX	B	0.34%	0.41%	0.34%
DLB	B	0.05%	0.17%	0.05%
EQH	B	0.22%	0.52%	0.22%
EXEL	B	0.27%	0.64%	0.27%
FLS	B	0.17%	0.21%	0.17%
INGR	B	0.13%	0.21%	0.13%
JAZZ	B	0.2%	0.19%	0.19%
MUR	D	0.12%	0.13%	0.12%
OVV	B	0.27%	0.7%	0.27%
RNR	C	0.21%	0.51%	0.21%
RPM	A	0.21%	0.6%	0.21%
RS	B	0.38%	1.06%	0.38%
SLAB	D	0.14%	0.23%	0.14%
TOL	B	0.18%	1.01%	0.18%
WFRD	D	0.15%	0.39%	0.15%
ZI	D	0.16%	0.07%	0.07%

NXTV Overweight 170 Positions Relative to IVOG

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%
JNPR	F	0.54%
BAX	D	0.53%
SRE	A	0.53%
D	C	0.5%
ACI	C	0.49%
TPR	B	0.48%
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%
SNX	C	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%
EXC	C	0.38%
FYBR	D	0.37%
GAP	C	0.37%
EXPE	B	0.36%
ED	D	0.36%
SOLV	C	0.35%
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%
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	A	0.29%
GPC	D	0.28%
ARE	D	0.28%
SWK	D	0.28%
HSIC	B	0.27%
L	A	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%
SNA	A	0.22%
KD	B	0.22%
CNH	C	0.21%
CPB	D	0.21%
W	F	0.21%
ROKU	D	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%
ALLY	C	0.2%
KMX	B	0.2%
RIVN	F	0.19%
PAG	B	0.19%
AR	B	0.19%
RHI	B	0.18%
UPST	B	0.18%
BG	F	0.18%
UNM	A	0.18%
AA	B	0.18%
DINO	D	0.18%
ARW	D	0.17%
AEO	F	0.17%
IAC	D	0.17%
JWN	C	0.17%
TAP	C	0.17%
ADTN	A	0.17%
LKQ	D	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%
BEN	C	0.16%
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%
EVRG	A	0.14%
ORI	A	0.14%
AGR	B	0.14%
FHN	A	0.14%
CXT	B	0.13%
WBD	C	0.13%
SON	D	0.13%
ALKS	B	0.12%
LCID	F	0.09%
MGM	D	0.08%

NXTV Underweight 224 Positions Relative to IVOG

Symbol	Grade	Weight
EME	C	-1.4%
CSL	C	-1.31%
LII	A	-1.3%
WSM	B	-1.16%
WSO	A	-1.11%
MANH	D	-1.09%
DT	C	-1.08%
RBA	A	-1.05%
OC	A	-1.04%
PSTG	D	-1.04%
CASY	A	-0.99%
TPL	A	-0.99%
FIX	A	-0.94%
GGG	B	-0.93%
SAIA	B	-0.88%
TTEK	F	-0.88%
TXRH	C	-0.86%
NVT	B	-0.84%
NBIX	C	-0.82%
CLH	B	-0.79%
ITT	A	-0.77%
BWXT	B	-0.75%
LECO	B	-0.74%
DUOL	A	-0.74%
FND	C	-0.74%
WMS	D	-0.71%
BLD	D	-0.71%
CHDN	B	-0.69%
WWD	B	-0.66%
ONTO	D	-0.66%
IBKR	A	-0.66%
EXP	A	-0.65%
SRPT	D	-0.65%
KNSL	B	-0.64%
PRI	A	-0.63%
BURL	A	-0.63%
NYT	C	-0.62%
HLI	B	-0.62%
MUSA	A	-0.61%
MORN	B	-0.6%
PEN	B	-0.6%
FN	D	-0.59%
ENSG	D	-0.59%
CW	B	-0.58%
PR	B	-0.58%
WING	D	-0.57%
AXTA	A	-0.56%
TPX	B	-0.56%
LNW	D	-0.56%
HRB	D	-0.56%
ELS	C	-0.56%
SKX	D	-0.55%
RBC	A	-0.55%
OLED	D	-0.54%
MEDP	D	-0.54%
PCTY	B	-0.54%
CR	A	-0.52%
AAON	B	-0.52%
TREX	C	-0.52%
CHRD	D	-0.52%
SSD	D	-0.51%
LNTH	D	-0.51%
UFPI	B	-0.5%
UTHR	C	-0.5%
RRC	B	-0.49%
HLNE	B	-0.49%
EWBC	A	-0.49%
WEX	D	-0.48%
XPO	B	-0.48%
LSCC	D	-0.47%
ESAB	B	-0.47%
RGEN	D	-0.47%
BMRN	D	-0.47%
FCN	D	-0.46%
PLNT	A	-0.45%
AMH	D	-0.45%
LAMR	D	-0.45%
ANF	C	-0.45%
RYAN	B	-0.45%
EVR	B	-0.44%
MSA	D	-0.44%
H	B	-0.44%
ATR	B	-0.44%
ACM	A	-0.44%
AVTR	F	-0.43%
CROX	D	-0.43%
HALO	F	-0.43%
ALTR	B	-0.42%
MTDR	B	-0.41%
SCI	B	-0.41%
GLPI	C	-0.4%
CUBE	D	-0.4%
ELF	C	-0.4%
DKS	C	-0.4%
OLLI	D	-0.38%
VNT	B	-0.38%
DTM	B	-0.37%
SFM	A	-0.36%
CNX	A	-0.35%
RMBS	C	-0.35%
EGP	F	-0.35%
VVV	F	-0.35%
FIVE	F	-0.35%
WTS	B	-0.35%
CCK	C	-0.35%
RGLD	C	-0.34%
DCI	B	-0.34%
CG	A	-0.34%
GTLS	B	-0.34%
CNM	D	-0.33%
CHE	D	-0.33%
CELH	F	-0.32%
AYI	B	-0.32%
APPF	B	-0.32%
BCO	D	-0.31%
WH	B	-0.31%
WAL	B	-0.31%
WTRG	B	-0.31%
QLYS	C	-0.3%
WLK	D	-0.3%
GNTX	C	-0.3%
OHI	C	-0.3%
GXO	B	-0.3%
EHC	B	-0.3%
BRBR	A	-0.3%
LSTR	D	-0.29%
LFUS	F	-0.29%
MTSI	B	-0.28%
CVLT	B	-0.28%
KBR	F	-0.28%
MTN	C	-0.28%
FBIN	D	-0.28%
RLI	B	-0.28%
MASI	A	-0.27%
CBT	C	-0.27%
ACHC	F	-0.27%
LOPE	B	-0.27%
TTC	D	-0.27%
LPX	B	-0.27%
NEU	C	-0.27%
ALV	C	-0.27%
MMS	F	-0.26%
EXLS	B	-0.26%
KNF	A	-0.26%
PSN	D	-0.25%
REXR	F	-0.25%
SEIC	B	-0.25%
BRKR	D	-0.25%
HQY	B	-0.25%
MIDD	C	-0.24%
NOVT	D	-0.24%
BRX	A	-0.24%
CHX	C	-0.24%
CRUS	D	-0.23%
VAL	D	-0.23%
STAG	F	-0.23%
CFR	B	-0.23%
WMG	C	-0.23%
BC	C	-0.22%
MKSI	C	-0.22%
PNFP	B	-0.22%
FR	C	-0.22%
TKO	B	-0.22%
MAT	D	-0.21%
TDC	D	-0.21%
ROIV	C	-0.21%
VOYA	B	-0.21%
PK	B	-0.2%
NNN	D	-0.2%
CBSH	A	-0.2%
CGNX	C	-0.2%
SIGI	C	-0.2%
KEX	C	-0.19%
AM	A	-0.19%
KBH	D	-0.19%
DOCS	C	-0.18%
CYTK	F	-0.18%
MTG	C	-0.17%
SAIC	F	-0.17%
TNL	A	-0.16%
HWC	B	-0.16%
HXL	D	-0.16%
ARWR	F	-0.16%
SHC	F	-0.16%
OZK	B	-0.16%
EXPO	D	-0.16%
OPCH	D	-0.15%
HAE	C	-0.15%
EEFT	B	-0.15%
TKR	D	-0.14%
EPR	D	-0.14%
RH	B	-0.14%
IDA	A	-0.14%
FFIN	B	-0.13%
BLKB	B	-0.13%
YETI	C	-0.13%
SLM	A	-0.13%
MSM	C	-0.13%
TEX	D	-0.13%
OLN	D	-0.13%
POWI	D	-0.12%
IRDM	D	-0.12%
WEN	D	-0.12%
GATX	A	-0.12%
RYN	D	-0.11%
LANC	C	-0.11%
ENS	D	-0.11%
CDP	C	-0.1%
CAR	C	-0.1%
NSA	D	-0.1%
HGV	B	-0.1%
CHH	A	-0.1%
COLM	B	-0.09%
AZTA	D	-0.09%
AMED	F	-0.09%
NSP	D	-0.09%
SMG	D	-0.09%
IBOC	A	-0.09%
VC	D	-0.08%
ALGM	D	-0.08%
SAM	C	-0.08%
IPGP	D	-0.07%
LIVN	F	-0.07%
SYNA	C	-0.07%