NXTV vs. WBIY ETF Comparison

Comparison of Simplify Next Intangible Value Index ETF (NXTV) to WBI Power Factor High Dividend ETF (WBIY)

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 ^*

194

* may have additional holdings in another (foreign) market

WBIY

WBI Power Factor High Dividend ETF

WBIY Description

The investment seeks long term-capital appreciation while also seeking to protect principal during unfavorable market conditions. The fund will seek to achieve its investment objective by using a broad and flexible investment strategy and may invest directly in different types of instruments, such as: stocks and bonds issued by public and private companies and bonds issued by governments and governmental agencies ("Direct Investments"); and shares of funds that invest directly in such instruments. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.13

Average Daily Volume

5,947

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NXTV	WBIY
30 Days	3.77%	2.50%
60 Days	4.81%	3.62%
90 Days	8.56%	5.12%
12 Months		25.72%

12 Overlapping Holdings

Symbol	Grade	Weight in NXTV	Weight in WBIY	Overlap
BEN	C	0.16%	3.46%	0.16%
CFG	B	0.3%	1.62%	0.3%
CNH	C	0.21%	1.53%	0.21%
CVS	D	1.08%	1.3%	1.08%
D	C	0.5%	4.67%	0.5%
DINO	D	0.18%	3.2%	0.18%
F	C	0.72%	4.99%	0.72%
M	F	0.2%	3.0%	0.2%
PRU	A	0.67%	1.56%	0.67%
T	A	5.05%	4.84%	4.84%
VZ	C	4.68%	4.77%	4.68%
WHR	B	0.16%	2.93%	0.16%

NXTV Overweight 182 Positions Relative to WBIY

Symbol	Grade	Weight
CMCSA	B	5.48%
PFE	F	4.63%
INTC	C	3.52%
DELL	B	3.41%
C	A	1.95%
KR	B	1.77%
HPQ	B	1.47%
FDX	B	1.15%
EBAY	D	1.1%
HPE	B	1.06%
GM	C	1.04%
NTAP	C	0.98%
COF	C	0.96%
ZM	C	0.96%
WDC	D	0.92%
BBY	D	0.91%
GFS	C	0.91%
VICI	C	0.85%
FOXA	A	0.83%
MET	A	0.83%
TRV	B	0.83%
BIIB	F	0.78%
DG	F	0.76%
SNAP	D	0.75%
AIG	B	0.75%
EL	F	0.74%
ALL	A	0.74%
NWS	A	0.72%
FCNCA	A	0.71%
DD	C	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	C	0.58%
SYY	D	0.57%
MRNA	F	0.57%
TWLO	A	0.55%
HUM	C	0.55%
JNPR	D	0.54%
CACI	D	0.53%
BAX	F	0.53%
SRE	A	0.53%
ACI	C	0.49%
TPR	B	0.48%
CNC	D	0.48%
IP	A	0.47%
PCG	A	0.46%
LBRDK	C	0.46%
CCL	A	0.45%
CTRA	B	0.45%
ALB	B	0.43%
SNX	D	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%
RS	B	0.38%
EXC	C	0.38%
FYBR	C	0.37%
GAP	C	0.37%
CIEN	C	0.36%
EXPE	B	0.36%
ED	C	0.36%
SOLV	D	0.35%
FLEX	B	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%
FTI	A	0.3%
PFG	D	0.29%
CRBG	B	0.29%
BILL	A	0.29%
PEGA	B	0.29%
GPC	D	0.28%
ARE	F	0.28%
SWK	D	0.28%
EXEL	B	0.27%
OVV	B	0.27%
HSIC	C	0.27%
L	A	0.27%
U	C	0.27%
DDS	B	0.27%
AMKR	D	0.26%
TXT	D	0.26%
BIO	C	0.26%
EG	C	0.24%
BLDR	D	0.24%
PPL	A	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	C	0.22%
AIT	B	0.22%
KD	B	0.22%
RPM	A	0.21%
CPB	D	0.21%
W	D	0.21%
ROKU	D	0.21%
RNR	C	0.21%
JEF	A	0.2%
JLL	D	0.2%
ELAN	D	0.2%
CLVT	D	0.2%
CNA	C	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%
RHI	C	0.18%
UPST	B	0.18%
BG	D	0.18%
UNM	A	0.18%
AA	A	0.18%
TOL	B	0.18%
COKE	C	0.17%
ARW	D	0.17%
AEO	F	0.17%
IAC	F	0.17%
JWN	D	0.17%
TAP	C	0.17%
ADTN	A	0.17%
LKQ	F	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%
ZI	D	0.16%
WFRD	D	0.15%
X	B	0.15%
CLF	F	0.15%
LAD	A	0.15%
GL	C	0.15%
DXC	B	0.15%
URBN	C	0.15%
ASO	F	0.15%
FRSH	B	0.15%
SANM	B	0.15%
XRAY	F	0.14%
SLAB	F	0.14%
EVRG	A	0.14%
ORI	A	0.14%
AGR	A	0.14%
FHN	A	0.14%
CIVI	D	0.13%
INGR	C	0.13%
CXT	C	0.13%
WBD	B	0.13%
SON	F	0.13%
MUR	D	0.12%
ALKS	C	0.12%
CPRI	F	0.1%
LCID	F	0.09%
MGM	D	0.08%
BYD	B	0.05%
DLB	B	0.05%

NXTV Underweight 37 Positions Relative to WBIY

Symbol	Grade	Weight
MO	A	-5.59%
KMI	A	-5.41%
UPS	C	-4.82%
LYB	F	-4.48%
CAG	F	-4.24%
KSS	F	-3.84%
CVX	A	-2.43%
CRI	F	-1.9%
OMF	A	-1.87%
VLY	B	-1.85%
COLB	B	-1.75%
RF	A	-1.72%
HBAN	A	-1.72%
UGI	C	-1.43%
WU	F	-1.43%
IPG	D	-1.33%
FULT	A	-1.09%
TNL	A	-1.09%
HESM	B	-1.01%
MAN	F	-0.9%
BKH	A	-0.81%
KNTK	A	-0.8%
PINC	B	-0.74%
CWEN	C	-0.71%
DIN	C	-0.68%
APAM	B	-0.62%
FIBK	B	-0.6%
GES	F	-0.5%
WSBC	B	-0.35%
HOPE	C	-0.33%
GSL	F	-0.32%
METC	C	-0.29%
BRKL	B	-0.28%
EMBC	C	-0.27%
VRTS	B	-0.27%
OCFC	B	-0.26%
ASC	F	-0.24%