NXTV vs. IYC ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to iShares U.S. Consumer Services ETF (IYC)

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

IYC

iShares U.S. Consumer Services ETF

IYC Description

The investment seeks to track the investment results of an index composed of U.S. equities in the consumer services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Consumer Services Index (the "underlying index"), which measures the performance of the consumer services sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$95.99

Average Daily Volume

100,679

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	IYC
30 Days	5.48%	10.70%
60 Days	5.83%	9.75%
90 Days	10.13%	14.50%
12 Months		36.06%

38 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in IYC	Overlap
BBY	D	0.91%	0.3%	0.3%
BWA	D	0.16%	0.12%	0.12%
BYD	C	0.05%	0.08%	0.05%
CCL	B	0.45%	0.4%	0.4%
COTY	F	0.19%	0.04%	0.04%
CPRI	F	0.1%	0.04%	0.04%
DDS	B	0.27%	0.02%	0.02%
DG	F	0.76%	0.27%	0.27%
DLTR	F	0.61%	0.21%	0.21%
EBAY	D	1.1%	0.5%	0.5%
EL	F	0.74%	0.24%	0.24%
EXPE	B	0.36%	0.36%	0.36%
F	C	0.72%	0.7%	0.7%
FOXA	B	0.83%	0.17%	0.17%
GAP	C	0.37%	0.07%	0.07%
GM	B	1.04%	0.99%	0.99%
GPC	D	0.28%	0.27%	0.27%
JWN	C	0.17%	0.04%	0.04%
KMX	B	0.2%	0.19%	0.19%
LAD	A	0.15%	0.16%	0.15%
LCID	F	0.09%	0.03%	0.03%
LEN	D	0.6%	0.03%	0.03%
LEN	D	0.6%	0.65%	0.6%
LKQ	D	0.17%	0.16%	0.16%
LUV	C	0.34%	0.31%	0.31%
M	D	0.2%	0.07%	0.07%
MGM	D	0.08%	0.14%	0.08%
NWS	B	0.72%	0.06%	0.06%
PAG	B	0.19%	0.05%	0.05%
PVH	C	0.16%	0.09%	0.09%
RIVN	F	0.19%	0.13%	0.13%
TOL	B	0.18%	0.25%	0.18%
TPR	B	0.48%	0.21%	0.21%
UAL	A	0.39%	0.5%	0.39%
VFC	C	0.23%	0.11%	0.11%
W	F	0.21%	0.06%	0.06%
WBD	C	0.13%	0.37%	0.13%
WHR	B	0.16%	0.09%	0.09%

NXTV Overweight 157 Positions Relative to IYC

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%
CVS	D	1.08%
HPE	B	1.06%
NTAP	C	0.98%
COF	B	0.96%
ZM	B	0.96%
WDC	D	0.92%
GFS	C	0.91%
VICI	C	0.85%
MET	A	0.83%
TRV	B	0.83%
BIIB	F	0.78%
SNAP	C	0.75%
AIG	B	0.75%
ALL	A	0.74%
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%
ILMN	D	0.58%
SYY	B	0.57%
MRNA	F	0.57%
TWLO	A	0.55%
HUM	C	0.55%
JNPR	F	0.54%
CACI	D	0.53%
BAX	D	0.53%
SRE	A	0.53%
D	C	0.5%
ACI	C	0.49%
CNC	D	0.48%
IP	B	0.47%
PCG	A	0.46%
LBRDK	C	0.46%
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%
MRO	B	0.39%
RS	B	0.38%
EXC	C	0.38%
FYBR	D	0.37%
CIEN	B	0.36%
ED	D	0.36%
SOLV	C	0.35%
FLEX	A	0.35%
WRB	A	0.34%
DBX	B	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%
ARE	D	0.28%
SWK	D	0.28%
EXEL	B	0.27%
OVV	B	0.27%
HSIC	B	0.27%
L	A	0.27%
U	C	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%
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	B	0.22%
AIT	A	0.22%
KD	B	0.22%
CNH	C	0.21%
RPM	A	0.21%
CPB	D	0.21%
ROKU	D	0.21%
RNR	C	0.21%
JEF	A	0.2%
JLL	D	0.2%
ELAN	D	0.2%
CLVT	F	0.2%
CNA	B	0.2%
ALLY	C	0.2%
JAZZ	B	0.2%
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%
COKE	C	0.17%
ARW	D	0.17%
AEO	F	0.17%
IAC	D	0.17%
TAP	C	0.17%
ADTN	A	0.17%
FLS	B	0.17%
SIG	B	0.16%
AIZ	A	0.16%
ALIT	C	0.16%
NI	A	0.16%
NOV	C	0.16%
ZI	D	0.16%
BEN	C	0.16%
WFRD	D	0.15%
X	C	0.15%
CLF	F	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%
EVRG	A	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%
DLB	B	0.05%

NXTV Underweight 135 Positions Relative to IYC

Symbol	Grade	Weight
AMZN	C	-14.29%
TSLA	B	-8.66%
NFLX	A	-4.53%
COST	B	-4.5%
HD	A	-4.46%
WMT	A	-4.38%
MCD	D	-3.38%
DIS	B	-3.33%
BKNG	A	-2.74%
LOW	D	-2.39%
UBER	D	-2.24%
TJX	A	-2.19%
SBUX	A	-1.8%
NKE	D	-1.43%
CMG	B	-1.29%
TGT	F	-1.16%
ORLY	B	-1.12%
MAR	B	-1.03%
HLT	A	-0.99%
ABNB	C	-0.93%
RCL	A	-0.9%
TTD	B	-0.85%
AZO	C	-0.85%
CPRT	A	-0.79%
DHI	D	-0.78%
ROST	C	-0.74%
EA	A	-0.72%
DAL	C	-0.67%
YUM	B	-0.6%
LULU	C	-0.59%
TTWO	A	-0.52%
GRMN	B	-0.52%
TSCO	D	-0.47%
CPNG	D	-0.45%
CVNA	B	-0.44%
PHM	D	-0.43%
RBLX	C	-0.43%
DECK	A	-0.43%
NVR	D	-0.41%
LYV	A	-0.34%
DKNG	B	-0.32%
OMC	C	-0.31%
DRI	B	-0.31%
BURL	A	-0.28%
LVS	C	-0.28%
WSM	B	-0.28%
FWONK	B	-0.27%
ULTA	F	-0.26%
DPZ	C	-0.25%
APTV	D	-0.23%
POOL	C	-0.22%
ROL	B	-0.22%
TXRH	C	-0.21%
SCI	B	-0.2%
DUOL	A	-0.19%
NWSA	B	-0.18%
DKS	C	-0.18%
NCLH	B	-0.18%
BJ	A	-0.18%
TKO	B	-0.17%
GME	C	-0.17%
IPG	D	-0.17%
FND	C	-0.17%
CAVA	B	-0.17%
CHDN	B	-0.16%
MUSA	A	-0.16%
WING	D	-0.16%
ARMK	B	-0.16%
WYNN	D	-0.15%
AAL	B	-0.15%
NYT	C	-0.14%
PLNT	A	-0.14%
HAS	D	-0.14%
TPX	B	-0.14%
SKX	D	-0.13%
CZR	F	-0.13%
LNW	D	-0.13%
RL	B	-0.13%
WH	B	-0.12%
HRB	D	-0.12%
SN	D	-0.11%
ELF	C	-0.11%
MTN	C	-0.11%
ALK	C	-0.11%
H	B	-0.11%
GNTX	C	-0.11%
BBWI	D	-0.11%
LYFT	C	-0.1%
UHAL	D	-0.1%
PARA	C	-0.1%
SIRI	C	-0.1%
SITE	D	-0.1%
MAT	D	-0.1%
BFAM	D	-0.1%
BROS	B	-0.09%
OLLI	D	-0.09%
THO	B	-0.09%
FOX	A	-0.09%
CROX	D	-0.09%
ETSY	D	-0.09%
LOPE	B	-0.08%
RH	B	-0.08%
VVV	F	-0.08%
NXST	C	-0.08%
LEA	D	-0.08%
CHH	A	-0.07%
MSGS	A	-0.07%
AN	C	-0.07%
FIVE	F	-0.07%
TNL	A	-0.06%
NWL	B	-0.06%
HOG	D	-0.06%
PENN	C	-0.05%
WEN	D	-0.05%
LLYVK	A	-0.05%
VAC	B	-0.05%
YETI	C	-0.05%
PII	D	-0.05%
AAP	C	-0.04%
COLM	B	-0.04%
UA	C	-0.03%
FWONA	B	-0.03%
CAR	C	-0.03%
QS	F	-0.03%
UAA	C	-0.03%
BIRK	D	-0.03%
KSS	F	-0.03%
CRI	D	-0.03%
AS	B	-0.02%
LLYVA	A	-0.02%
TRIP	F	-0.02%
LEG	F	-0.02%
UHAL	D	-0.01%
PLTK	B	-0.01%
PARAA	B	-0.0%