NXTV vs. ROUS ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to Lattice U.S. Equity Strategy ETF (ROUS)

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

ROUS

Lattice U.S. Equity Strategy ETF

ROUS Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized US Large Cap Equity Strategy Index (LROUSLX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index seeks to improve returns through a market cycle relative to traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies.

Grade (RS Rating)

Last Trade

$53.83

Average Daily Volume

59,393

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	ROUS
30 Days	5.48%	4.24%
60 Days	5.83%	4.66%
90 Days	10.13%	6.25%
12 Months		30.06%

69 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in ROUS	Overlap
ACI	C	0.49%	0.41%	0.41%
ADM	D	0.4%	0.03%	0.03%
AIG	B	0.75%	0.02%	0.02%
AIT	A	0.22%	0.23%	0.22%
AIZ	A	0.16%	0.09%	0.09%
ALKS	B	0.12%	0.27%	0.12%
ALL	A	0.74%	0.14%	0.14%
ARW	D	0.17%	0.19%	0.17%
BBY	D	0.91%	0.35%	0.35%
BLDR	D	0.24%	0.12%	0.12%
C	A	1.95%	0.34%	0.34%
CACI	D	0.53%	0.24%	0.24%
CIEN	B	0.36%	0.02%	0.02%
CINF	A	0.33%	0.5%	0.33%
CMCSA	B	5.48%	0.37%	0.37%
CNC	D	0.48%	0.1%	0.1%
COF	B	0.96%	0.04%	0.04%
COKE	C	0.17%	0.13%	0.13%
CRBG	B	0.29%	0.23%	0.23%
CVS	D	1.08%	0.44%	0.44%
D	C	0.5%	0.04%	0.04%
DBX	B	0.34%	0.43%	0.34%
DELL	C	3.41%	0.88%	0.88%
DLB	B	0.05%	0.25%	0.05%
EBAY	D	1.1%	0.33%	0.33%
ED	D	0.36%	0.23%	0.23%
EG	C	0.24%	0.26%	0.24%
ETR	B	0.32%	0.37%	0.32%
EXC	C	0.38%	0.08%	0.08%
EXEL	B	0.27%	0.29%	0.27%
FDX	B	1.15%	0.36%	0.36%
FHN	A	0.14%	0.02%	0.02%
FLEX	A	0.35%	0.14%	0.14%
FOXA	B	0.83%	0.58%	0.58%
GPC	D	0.28%	0.33%	0.28%
HPE	B	1.06%	0.86%	0.86%
HPQ	B	1.47%	1.07%	1.07%
HUM	C	0.55%	0.53%	0.53%
INCY	C	0.41%	0.44%	0.41%
INGR	B	0.13%	0.08%	0.08%
IP	B	0.47%	0.04%	0.04%
JNPR	F	0.54%	0.4%	0.4%
KD	B	0.22%	0.22%	0.22%
KR	B	1.77%	0.84%	0.84%
L	A	0.27%	0.1%	0.1%
MKL	A	0.34%	0.33%	0.33%
NSIT	F	0.23%	0.32%	0.23%
NTAP	C	0.98%	1.0%	0.98%
ORI	A	0.14%	0.31%	0.14%
PPG	F	0.39%	0.16%	0.16%
PPL	B	0.24%	0.19%	0.19%
PRU	A	0.67%	0.25%	0.25%
RGA	A	0.22%	0.14%	0.14%
RHI	B	0.18%	0.29%	0.18%
RNR	C	0.21%	0.16%	0.16%
RPM	A	0.21%	0.44%	0.21%
RS	B	0.38%	0.39%	0.38%
SANM	B	0.15%	0.37%	0.15%
SNA	A	0.22%	0.25%	0.22%
SNX	C	0.42%	0.25%	0.25%
SON	D	0.13%	0.2%	0.13%
SRE	A	0.53%	0.07%	0.07%
SYF	B	0.34%	0.31%	0.31%
SYY	B	0.57%	0.26%	0.26%
T	A	5.05%	0.89%	0.89%
TRV	B	0.83%	0.39%	0.39%
UNM	A	0.18%	0.41%	0.18%
VICI	C	0.85%	0.31%	0.31%
VZ	C	4.68%	0.84%	0.84%

NXTV Overweight 125 Positions Relative to ROUS

Symbol	Grade	Weight
PFE	D	4.63%
INTC	D	3.52%
GM	B	1.04%
ZM	B	0.96%
WDC	D	0.92%
GFS	C	0.91%
MET	A	0.83%
BIIB	F	0.78%
DG	F	0.76%
SNAP	C	0.75%
EL	F	0.74%
NWS	B	0.72%
F	C	0.72%
FCNCA	A	0.71%
DD	D	0.69%
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%
MRNA	F	0.57%
TWLO	A	0.55%
BAX	D	0.53%
TPR	B	0.48%
PCG	A	0.46%
LBRDK	C	0.46%
CCL	B	0.45%
CTRA	B	0.45%
ALB	C	0.43%
VTRS	A	0.42%
EQT	B	0.39%
UAL	A	0.39%
MRO	B	0.39%
FYBR	D	0.37%
GAP	C	0.37%
EXPE	B	0.36%
SOLV	C	0.35%
WRB	A	0.34%
LUV	C	0.34%
TSN	B	0.32%
PATH	C	0.31%
LEVI	F	0.3%
CFG	B	0.3%
FTI	A	0.3%
PFG	D	0.29%
BILL	A	0.29%
PEGA	A	0.29%
ARE	D	0.28%
SWK	D	0.28%
OVV	B	0.27%
HSIC	B	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
TXT	D	0.26%
BIO	D	0.26%
FNF	B	0.24%
WCC	B	0.23%
VFC	C	0.23%
LUMN	C	0.23%
SATS	D	0.23%
PFGC	B	0.22%
USM	B	0.22%
EQH	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%
JAZZ	B	0.2%
COTY	F	0.19%
RIVN	F	0.19%
PAG	B	0.19%
AR	B	0.19%
UPST	B	0.18%
BG	F	0.18%
AA	B	0.18%
TOL	B	0.18%
DINO	D	0.18%
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%
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%
XRAY	F	0.14%
SLAB	D	0.14%
EVRG	A	0.14%
AGR	B	0.14%
CIVI	D	0.13%
CXT	B	0.13%
WBD	C	0.13%
MUR	D	0.12%
CPRI	F	0.1%
LCID	F	0.09%
MGM	D	0.08%
BYD	C	0.05%

NXTV Underweight 276 Positions Relative to ROUS

Symbol	Grade	Weight
GOOGL	C	-1.26%
AAPL	C	-1.22%
MSFT	F	-1.14%
WMT	A	-1.09%
JNJ	D	-1.08%
UNH	C	-1.02%
NVDA	C	-0.99%
ABBV	D	-0.85%
MRK	F	-0.84%
IBM	C	-0.83%
CSCO	B	-0.83%
XOM	B	-0.82%
MSI	B	-0.82%
JPM	A	-0.81%
HD	A	-0.81%
META	D	-0.78%
CVLT	B	-0.78%
EA	A	-0.77%
TMUS	B	-0.76%
CTSH	B	-0.75%
LLY	F	-0.75%
BRK.A	B	-0.72%
GILD	C	-0.7%
AVT	C	-0.69%
FICO	B	-0.67%
TXN	C	-0.65%
PG	A	-0.64%
MUSA	A	-0.64%
ORCL	B	-0.64%
EOG	A	-0.63%
AVGO	D	-0.63%
MTB	A	-0.62%
MO	A	-0.6%
APH	A	-0.58%
GWW	B	-0.58%
IT	C	-0.56%
COST	B	-0.56%
GLW	B	-0.54%
MCK	B	-0.54%
QCOM	F	-0.52%
GDDY	A	-0.52%
AMZN	C	-0.52%
NRG	B	-0.51%
SHW	A	-0.51%
ALSN	B	-0.49%
HRB	D	-0.49%
FAST	B	-0.49%
BK	A	-0.48%
CMI	A	-0.48%
VLO	C	-0.47%
ACN	C	-0.44%
CL	D	-0.43%
CTAS	B	-0.43%
ELV	F	-0.42%
FFIV	B	-0.42%
UTHR	C	-0.42%
V	A	-0.4%
MLI	C	-0.4%
MA	C	-0.39%
EME	C	-0.39%
NXPI	D	-0.38%
SW	A	-0.38%
LMT	D	-0.38%
KMB	D	-0.38%
CHRW	C	-0.38%
AXS	A	-0.37%
ORLY	B	-0.37%
VRTX	F	-0.36%
AMGN	D	-0.36%
VNT	B	-0.36%
VRSN	F	-0.36%
NYT	C	-0.35%
PM	B	-0.34%
CB	C	-0.33%
CDW	F	-0.33%
TER	D	-0.33%
LNG	B	-0.33%
AZO	C	-0.32%
BMI	B	-0.32%
AFL	B	-0.32%
CRUS	D	-0.32%
TSCO	D	-0.32%
BMY	B	-0.32%
PCAR	B	-0.31%
ANET	C	-0.31%
WM	A	-0.31%
LOW	D	-0.31%
STLD	B	-0.3%
YUM	B	-0.3%
GRMN	B	-0.3%
RMD	C	-0.3%
AMAT	F	-0.29%
WTM	A	-0.29%
PHM	D	-0.29%
GPI	A	-0.29%
DUK	C	-0.29%
CDNS	B	-0.29%
PEP	F	-0.28%
KLAC	D	-0.28%
TJX	A	-0.28%
OTIS	C	-0.28%
HSY	F	-0.27%
RF	A	-0.27%
XEL	A	-0.27%
DGX	A	-0.27%
COR	B	-0.27%
SO	D	-0.26%
MPC	D	-0.26%
CASY	A	-0.26%
MAS	D	-0.26%
ITW	B	-0.26%
STT	A	-0.25%
KEYS	A	-0.25%
LOPE	B	-0.25%
CI	F	-0.24%
DCI	B	-0.24%
PEG	A	-0.24%
MANH	D	-0.24%
NVR	D	-0.24%
ACGL	D	-0.24%
NFG	A	-0.24%
PKG	A	-0.23%
PGR	A	-0.23%
BKNG	A	-0.23%
DTE	C	-0.23%
TT	A	-0.23%
LSTR	D	-0.23%
GPK	C	-0.23%
HBAN	A	-0.23%
R	B	-0.23%
WFC	A	-0.22%
WSM	B	-0.22%
AN	C	-0.22%
AEP	D	-0.22%
AYI	B	-0.22%
DKS	C	-0.21%
GEN	B	-0.21%
PNC	B	-0.21%
MCHP	D	-0.21%
CVX	A	-0.21%
OC	A	-0.2%
HCA	F	-0.2%
ROP	B	-0.2%
RSG	A	-0.2%
OGN	D	-0.2%
SNPS	B	-0.19%
FLO	D	-0.19%
RDN	C	-0.19%
DHI	D	-0.19%
VRSK	A	-0.19%
WSO	A	-0.19%
CAT	B	-0.19%
DY	D	-0.18%
IRM	D	-0.18%
ECL	D	-0.18%
ADC	B	-0.17%
REGN	F	-0.17%
ASGN	F	-0.17%
FE	C	-0.17%
MDT	D	-0.17%
LRCX	F	-0.17%
CAH	B	-0.17%
UFPI	B	-0.17%
BAH	F	-0.17%
FITB	A	-0.17%
LYB	F	-0.17%
STX	D	-0.16%
JBL	B	-0.16%
ADBE	C	-0.16%
VST	B	-0.16%
CBT	C	-0.16%
SKX	D	-0.16%
OMC	C	-0.15%
SWKS	F	-0.15%
MMM	D	-0.15%
MTG	C	-0.14%
ABT	B	-0.14%
O	D	-0.14%
SFM	A	-0.14%
RL	B	-0.14%
BPOP	B	-0.14%
FCN	D	-0.14%
BSX	B	-0.14%
ROL	B	-0.14%
MCD	D	-0.14%
CMC	B	-0.14%
GIS	D	-0.14%
CHE	D	-0.13%
LAMR	D	-0.13%
USB	A	-0.13%
PANW	C	-0.13%
DOV	A	-0.13%
WEC	A	-0.13%
AEE	A	-0.13%
EIX	B	-0.12%
POR	C	-0.12%
LII	A	-0.12%
PSTG	D	-0.12%
AVB	B	-0.12%
FANG	D	-0.12%
EQR	B	-0.12%
LDOS	C	-0.11%
BAC	A	-0.11%
MTD	D	-0.11%
INTU	C	-0.11%
TGT	F	-0.11%
UMBF	B	-0.1%
VMI	B	-0.1%
AMCR	D	-0.1%
FSS	B	-0.1%
DVN	F	-0.1%
NEE	D	-0.09%
HUBB	B	-0.09%
KO	D	-0.09%
WELL	A	-0.09%
ADI	D	-0.09%
CHRD	D	-0.09%
CBOE	B	-0.09%
BJ	A	-0.09%
ATR	B	-0.08%
OGE	B	-0.08%
JHG	A	-0.08%
GLPI	C	-0.08%
ACIW	B	-0.08%
NOC	D	-0.08%
MMS	F	-0.08%
COP	C	-0.08%
GWRE	A	-0.07%
SPG	B	-0.07%
PSA	D	-0.07%
APPF	B	-0.07%
GD	F	-0.07%
NNN	D	-0.07%
FTNT	C	-0.07%
KNF	A	-0.07%
PTC	A	-0.06%
LNC	B	-0.06%
CSWI	A	-0.06%
SPSC	C	-0.06%
AWI	A	-0.05%
ANF	C	-0.05%
MOG.A	B	-0.05%
NOW	A	-0.05%
ADSK	A	-0.05%
BR	A	-0.05%
HON	B	-0.05%
FELE	B	-0.04%
LFUS	F	-0.04%
CCI	D	-0.04%
EPRT	B	-0.04%
BCO	D	-0.04%
AKAM	D	-0.04%
ITCI	C	-0.04%
NXST	C	-0.04%
CF	B	-0.03%
NWSA	B	-0.03%
JCI	C	-0.03%
SYK	C	-0.02%
PAYX	C	-0.02%
SEE	C	-0.02%
CHTR	C	-0.02%
MSA	D	-0.02%
VTR	C	-0.02%
EHC	B	-0.02%
ITRI	B	-0.02%
OHI	C	-0.02%
LIN	D	-0.02%
PSX	C	-0.02%
AAON	B	-0.02%
SLGN	A	-0.02%
AVY	D	-0.01%
MPWR	F	-0.01%
MTH	D	-0.01%
ONB	B	-0.01%
AOS	F	-0.01%
WPC	D	-0.01%