NXTV vs. PKW ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to PowerShares Buyback Achievers (PKW)

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

$28.45

Average Daily Volume

731

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

PKW

PowerShares Buyback Achievers

PKW Description

The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc. replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Share Buyback Achievers Index to NASDAQ Buyback Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$122.40

Average Daily Volume

16,267

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	PKW
30 Days	3.77%	5.49%
60 Days	4.81%	8.56%
90 Days	8.56%	10.87%
12 Months		35.24%

27 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in PKW	Overlap
AIG	B	0.71%	1.6%	0.71%
ARW	D	0.18%	0.2%	0.18%
ASO	F	0.17%	0.11%	0.11%
BLDR	D	0.27%	0.68%	0.27%
BYD	B	0.04%	0.22%	0.04%
CACI	D	0.47%	0.33%	0.33%
CFG	B	0.29%	0.68%	0.29%
CMCSA	B	5.15%	4.88%	4.88%
CNC	D	0.57%	1.01%	0.57%
DD	C	0.73%	1.12%	0.73%
DDS	B	0.28%	0.17%	0.17%
DINO	D	0.21%	0.27%	0.21%
DXC	B	0.15%	0.12%	0.12%
EQH	C	0.2%	0.49%	0.2%
EXPE	B	0.33%	0.73%	0.33%
FOXA	A	0.82%	0.33%	0.33%
JEF	A	0.19%	0.5%	0.19%
L	A	0.27%	0.6%	0.27%
MET	A	0.86%	1.91%	0.86%
MGM	D	0.08%	0.37%	0.08%
NSIT	F	0.28%	0.16%	0.16%
ORI	A	0.14%	0.32%	0.14%
PAG	B	0.2%	0.35%	0.2%
PVH	C	0.16%	0.18%	0.16%
SYF	B	0.3%	0.83%	0.3%
TOL	B	0.19%	0.5%	0.19%
TXT	D	0.28%	0.51%	0.28%

NXTV Overweight 168 Positions Relative to PKW

Symbol	Grade	Weight
VZ	C	4.9%
T	A	4.84%
PFE	F	4.65%
INTC	C	3.77%
DELL	B	3.21%
C	A	1.86%
KR	B	1.78%
HPQ	B	1.46%
EBAY	C	1.22%
CVS	D	1.18%
FDX	B	1.13%
HPE	B	1.09%
EL	F	1.05%
NTAP	C	1.04%
BBY	D	1.02%
GFS	C	0.98%
WDC	D	0.94%
GM	C	0.9%
ZM	C	0.88%
COF	C	0.87%
VICI	C	0.87%
BIIB	F	0.85%
DG	F	0.79%
TRV	B	0.78%
ALL	A	0.74%
F	C	0.73%
NUE	C	0.7%
MRNA	F	0.69%
NWS	B	0.68%
FCNCA	A	0.67%
HUM	C	0.66%
PRU	A	0.65%
SNAP	D	0.65%
LEN	C	0.65%
DLTR	F	0.65%
KHC	F	0.64%
ZBH	C	0.63%
CTVA	C	0.59%
SYY	D	0.58%
BAX	F	0.56%
SRE	A	0.53%
JNPR	D	0.53%
ILMN	C	0.52%
ACI	C	0.49%
D	C	0.48%
TPR	B	0.46%
PCG	A	0.44%
CTRA	B	0.44%
SNX	D	0.43%
LBRDK	C	0.43%
TWLO	A	0.43%
ALB	B	0.42%
ADM	D	0.42%
IP	A	0.41%
VTRS	B	0.41%
PPG	F	0.4%
EXC	C	0.39%
GAP	C	0.39%
RS	B	0.38%
EQT	B	0.38%
CCL	A	0.37%
MRO	B	0.37%
LEVI	F	0.37%
FYBR	C	0.36%
INCY	C	0.36%
ED	C	0.36%
CIEN	C	0.34%
MKL	A	0.34%
SWK	D	0.33%
DBX	B	0.33%
SOLV	D	0.33%
WRB	A	0.33%
GPC	D	0.33%
FLEX	B	0.33%
TSN	B	0.32%
LUV	C	0.32%
AMKR	D	0.31%
PATH	C	0.31%
CINF	A	0.31%
U	C	0.3%
FTI	A	0.29%
PFG	D	0.29%
ARE	F	0.29%
UAL	A	0.28%
ETR	B	0.27%
W	D	0.27%
HSIC	C	0.27%
BILL	A	0.26%
LUMN	C	0.26%
OVV	B	0.26%
CRBG	B	0.26%
PEGA	B	0.26%
FNF	B	0.25%
EG	C	0.25%
PPL	A	0.24%
BIO	C	0.24%
ROKU	D	0.24%
SATS	D	0.23%
ELAN	D	0.23%
COTY	F	0.23%
CPB	D	0.22%
RNR	C	0.22%
RGA	A	0.22%
KD	B	0.22%
AR	B	0.21%
CPRI	F	0.21%
AIT	B	0.21%
CLVT	D	0.21%
KMX	B	0.21%
VFC	C	0.21%
JLL	D	0.2%
M	F	0.2%
CNH	C	0.2%
ALLY	C	0.2%
JAZZ	C	0.2%
CNA	C	0.2%
BG	D	0.2%
RIVN	F	0.2%
PFGC	B	0.2%
EXEL	B	0.2%
IAC	F	0.19%
SNA	A	0.19%
AEO	F	0.19%
USM	B	0.19%
COKE	C	0.19%
RPM	A	0.19%
WCC	B	0.19%
TAP	C	0.18%
SWN	C	0.18%
LKQ	F	0.18%
BWA	D	0.17%
JWN	D	0.17%
FLS	B	0.17%
AA	A	0.17%
RHI	C	0.17%
ADTN	A	0.17%
SIG	B	0.17%
BEN	C	0.16%
XRAY	F	0.16%
AIZ	A	0.16%
NOV	C	0.16%
URBN	C	0.16%
WHR	B	0.16%
ALIT	C	0.16%
UNM	A	0.16%
GL	C	0.15%
SANM	B	0.15%
ZI	D	0.15%
FRSH	B	0.15%
SLAB	F	0.15%
NI	A	0.15%
WFRD	D	0.15%
LCID	F	0.14%
LAD	A	0.14%
EVRG	A	0.14%
AGR	A	0.14%
CLF	F	0.14%
UPST	B	0.14%
FHN	A	0.13%
MUR	D	0.13%
CIVI	D	0.13%
INGR	C	0.13%
WBD	B	0.13%
CXT	C	0.13%
X	B	0.13%
ALKS	C	0.13%
SON	F	0.13%
DLB	B	0.05%

NXTV Underweight 164 Positions Relative to PKW

Symbol	Grade	Weight
BKNG	A	-5.49%
TMUS	B	-5.44%
JNJ	C	-4.53%
LMT	D	-4.13%
FI	A	-4.0%
DE	B	-3.61%
APP	B	-2.89%
PYPL	B	-2.83%
HCA	F	-2.83%
MCK	A	-2.61%
MAR	A	-2.59%
ORLY	B	-2.3%
CSX	C	-2.21%
AFL	B	-2.05%
HLT	A	-2.0%
PSX	C	-1.79%
AZO	C	-1.77%
MPC	D	-1.75%
VST	A	-1.64%
VLO	C	-1.51%
DFS	B	-1.42%
VRSK	A	-1.3%
HIG	B	-1.13%
CAH	B	-0.95%
STT	B	-0.94%
PHM	D	-0.87%
GDDY	A	-0.85%
STLD	B	-0.71%
CSL	C	-0.66%
EXPD	C	-0.55%
THC	D	-0.48%
MUSA	B	-0.35%
WMS	F	-0.34%
EXP	B	-0.33%
PRI	B	-0.33%
CNM	D	-0.28%
HRB	D	-0.27%
WH	B	-0.25%
BERY	C	-0.25%
BRKR	D	-0.24%
R	B	-0.23%
MTN	C	-0.22%
WSC	F	-0.22%
CHH	A	-0.22%
MTG	C	-0.21%
AN	C	-0.21%
COOP	B	-0.2%
KBH	D	-0.19%
RH	C	-0.19%
CNX	A	-0.19%
GPI	B	-0.18%
VVV	D	-0.18%
AMG	B	-0.18%
SM	B	-0.17%
ABG	C	-0.17%
CRC	A	-0.17%
MATX	C	-0.17%
NXST	C	-0.17%
SLM	A	-0.17%
BC	C	-0.17%
OLN	F	-0.16%
EEFT	B	-0.15%
IDCC	B	-0.15%
HGV	C	-0.14%
GOLF	B	-0.14%
TNET	F	-0.14%
SKYW	B	-0.14%
ASGN	F	-0.13%
CVCO	A	-0.13%
CAR	C	-0.12%
GFF	A	-0.12%
WU	F	-0.12%
CEIX	A	-0.12%
TNL	A	-0.12%
ASH	F	-0.12%
ATGE	B	-0.11%
NSA	C	-0.11%
HP	C	-0.11%
BTU	B	-0.11%
DOCN	C	-0.11%
HUN	F	-0.11%
FBP	C	-0.11%
SLVM	B	-0.11%
TGNA	B	-0.1%
LBRT	D	-0.1%
PK	C	-0.1%
DEI	B	-0.1%
CARG	B	-0.1%
BHF	C	-0.1%
VIRT	A	-0.1%
ATKR	D	-0.1%
AMR	C	-0.1%
VAC	C	-0.1%
GNW	A	-0.1%
ENVA	B	-0.09%
SPB	C	-0.08%
SEB	F	-0.08%
PRG	C	-0.07%
GBX	A	-0.07%
HURN	C	-0.07%
IART	C	-0.06%
AZTA	D	-0.06%
CASH	B	-0.06%
SAH	C	-0.05%
PLAY	D	-0.05%
ATSG	A	-0.05%
PEB	D	-0.05%
XHR	B	-0.05%
PZZA	F	-0.05%
CSGS	B	-0.05%
NAVI	F	-0.05%
DXPE	B	-0.04%
INVA	D	-0.04%
DK	C	-0.04%
HTZ	C	-0.04%
CNNE	B	-0.04%
JBGS	F	-0.04%
EIG	B	-0.04%
SNCY	C	-0.03%
LQDT	B	-0.03%
CGEM	F	-0.03%
RYI	C	-0.03%
STGW	A	-0.03%
HCKT	B	-0.03%
PRA	C	-0.03%
EGBN	B	-0.03%
ODP	F	-0.03%
JACK	C	-0.03%
ECVT	C	-0.03%
AMN	F	-0.03%
LILAK	D	-0.03%
XRX	F	-0.03%
SBSI	C	-0.03%
TBPH	B	-0.02%
ANAB	F	-0.02%
NFBK	C	-0.02%
HONE	C	-0.02%
FPI	B	-0.02%
LXU	B	-0.02%
OPY	B	-0.02%
NR	B	-0.02%
IMXI	B	-0.02%
SCHL	F	-0.02%
ZIP	D	-0.02%
LPRO	B	-0.02%
CHGG	C	-0.01%
SKIN	D	-0.01%
DBI	F	-0.01%
ZYXI	D	-0.01%
ONTF	C	-0.01%
TASK	C	-0.01%
WSBF	C	-0.01%
RLGT	B	-0.01%
DENN	D	-0.01%
MBI	B	-0.01%
GCO	C	-0.01%
CCRN	F	-0.01%
LWAY	C	-0.01%
LOCO	D	-0.01%
SENEA	A	-0.01%
LSEA	D	-0.01%
NECB	C	-0.01%
KELYA	F	-0.01%
MX	F	-0.0%