NXTV vs. LRND ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

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

LRND

IQ U.S. Large Cap R&D Leaders ETF

LRND Description

IQ U.S. Large Cap R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the IQ U.S. Large Cap R&D Leaders Index, by using full replication technique. IQ U.S. Large Cap R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.89

Average Daily Volume

416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	LRND
30 Days	5.48%	2.07%
60 Days	5.83%	2.22%
90 Days	10.13%	4.29%
12 Months		28.44%

22 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in LRND	Overlap
BIIB	F	0.78%	0.31%	0.31%
CNH	C	0.21%	0.2%	0.2%
CTVA	C	0.62%	0.26%	0.26%
DELL	C	3.41%	0.63%	0.63%
EBAY	D	1.1%	0.29%	0.29%
EXEL	B	0.27%	0.25%	0.25%
EXPE	B	0.36%	0.33%	0.33%
F	C	0.72%	1.62%	0.72%
GM	B	1.04%	2.19%	1.04%
HPE	B	1.06%	0.5%	0.5%
HPQ	B	1.47%	0.34%	0.34%
ILMN	D	0.58%	0.25%	0.25%
INCY	C	0.41%	0.54%	0.41%
INTC	D	3.52%	3.6%	3.52%
JNPR	F	0.54%	0.2%	0.2%
LCID	F	0.09%	0.12%	0.09%
MRNA	F	0.57%	0.5%	0.5%
NTAP	C	0.98%	0.19%	0.19%
PFE	D	4.63%	1.72%	1.72%
RIVN	F	0.19%	0.3%	0.19%
U	C	0.27%	0.17%	0.17%
WDC	D	0.92%	0.35%	0.35%

NXTV Overweight 172 Positions Relative to LRND

Symbol	Grade	Weight
CMCSA	B	5.48%
T	A	5.05%
VZ	C	4.68%
C	A	1.95%
KR	B	1.77%
FDX	B	1.15%
CVS	D	1.08%
COF	B	0.96%
ZM	B	0.96%
BBY	D	0.91%
GFS	C	0.91%
VICI	C	0.85%
FOXA	B	0.83%
MET	A	0.83%
TRV	B	0.83%
DG	F	0.76%
SNAP	C	0.75%
AIG	B	0.75%
EL	F	0.74%
ALL	A	0.74%
NWS	B	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%
DLTR	F	0.61%
LEN	D	0.6%
SYY	B	0.57%
TWLO	A	0.55%
HUM	C	0.55%
CACI	D	0.53%
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%
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%
CIEN	B	0.36%
ED	D	0.36%
SOLV	C	0.35%
FLEX	A	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	A	0.29%
GPC	D	0.28%
ARE	D	0.28%
SWK	D	0.28%
OVV	B	0.27%
HSIC	B	0.27%
L	A	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%
EQH	B	0.22%
AIT	A	0.22%
KD	B	0.22%
RPM	A	0.21%
CPB	D	0.21%
W	F	0.21%
ROKU	D	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%
ALLY	C	0.2%
KMX	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%
BG	F	0.18%
UNM	A	0.18%
AA	B	0.18%
TOL	B	0.18%
DINO	D	0.18%
COKE	C	0.17%
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%
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	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%
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%
WBD	C	0.13%
SON	D	0.13%
MUR	D	0.12%
ALKS	B	0.12%
CPRI	F	0.1%
MGM	D	0.08%
BYD	C	0.05%
DLB	B	0.05%

NXTV Underweight 77 Positions Relative to LRND

Symbol	Grade	Weight
GOOGL	C	-8.96%
AMZN	C	-8.83%
META	D	-6.33%
AAPL	C	-5.93%
MSFT	F	-5.41%
MRK	F	-2.9%
JNJ	D	-2.7%
NVDA	C	-2.45%
BMY	B	-2.13%
ORCL	B	-1.91%
CSCO	B	-1.69%
QCOM	F	-1.63%
AVGO	D	-1.58%
LLY	F	-1.55%
VRTX	F	-1.54%
IBM	C	-1.3%
ABBV	D	-1.24%
TSLA	B	-1.22%
CRM	B	-1.2%
GILD	C	-1.17%
AMD	F	-1.05%
AMGN	D	-0.85%
SQ	B	-0.72%
ADBE	C	-0.7%
MU	D	-0.69%
BA	F	-0.66%
NFLX	A	-0.64%
PYPL	B	-0.63%
TEAM	A	-0.61%
INTU	C	-0.56%
UBER	D	-0.56%
REGN	F	-0.55%
RTX	C	-0.55%
EA	A	-0.55%
AMAT	F	-0.54%
ABT	B	-0.54%
MDT	D	-0.52%
WDAY	B	-0.51%
NOW	A	-0.49%
MRVL	B	-0.44%
CAT	B	-0.43%
DE	A	-0.43%
SPOT	B	-0.4%
SNPS	B	-0.4%
PANW	C	-0.39%
PG	A	-0.38%
TXN	C	-0.37%
ABNB	C	-0.36%
LRCX	F	-0.34%
SNOW	C	-0.34%
CMI	A	-0.34%
GE	D	-0.33%
HON	B	-0.32%
CDNS	B	-0.31%
BSX	B	-0.3%
ADSK	A	-0.3%
RBLX	C	-0.29%
MMM	D	-0.29%
SYK	C	-0.28%
LMT	D	-0.27%
ADI	D	-0.27%
DHR	F	-0.26%
DASH	A	-0.26%
ACN	C	-0.26%
ISRG	A	-0.23%
GEHC	F	-0.23%
DDOG	A	-0.22%
EW	C	-0.22%
PINS	D	-0.21%
TMO	F	-0.21%
GLW	B	-0.21%
NOC	D	-0.21%
BDX	F	-0.21%
KLAC	D	-0.2%
APTV	D	-0.19%
ALNY	D	-0.18%
MCHP	D	-0.17%