PFIX vs. AGQI ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to First Trust Active Global Quality Income ETF (AGQI)

PFIX

Simplify Interest Rate Hedge ETF

PFIX Description

The investment seeks to track the performance, before fees and expenses, of the SoFi Sustainable Dividend Index. The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. The adviser attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund will invest at least 80% its net assets in dividend paying securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$47.21

Average Daily Volume

80,893

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

AGQI

First Trust Active Global Quality Income ETF

AGQI Description

AGQI aims to hold a global basket of income-producing equities of companies that can maintain or grow dividends without compromising their financial stability. Equity securities include common and preferred stocks, depositary receipts, and real estate investment trusts. The fund invests in US and non-US issuers, holding at least 40% of its assets outside the US, with up to 20% allocated in emerging markets. The fund uses a fundamental approach to select dividend-paying companies with quality income, meaning they can provide stable and growing dividends. Eligible companies are assessed based on ROE and/or ROIC, financial leverage ratio, and dividend payout ratio. The resulting portfolio may have a large-cap tilt, although the fund invests in companies of any market capitalization. On November 21, 2023, the ETF acquired all assets and liabilities of the First Trust Dynamic Europe Equity Income Fund (ticker: FDEU), which had about $220 million in assets, morphing the closed-end fund into an ETF.

Grade (RS Rating)

Last Trade

$14.00

Average Daily Volume

8,496

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	AGQI
30 Days	1.63%	-2.29%
60 Days	26.27%	-3.98%
90 Days	22.86%	-3.92%
12 Months	7.42%	10.45%

3 Overlapping Holdings

Symbol	Grade	Weight in PFIX	Weight in AGQI	Overlap
BAC	A	1.73%	3.15%	1.73%
PG	A	2.82%	2.89%	2.82%
VZ	C	1.26%	3.01%	1.26%

PFIX Overweight 105 Positions Relative to AGQI

Symbol	Grade	Weight
JPM	A	3.9%
AVGO	D	3.86%
XOM	B	3.19%
JNJ	D	2.83%
CVX	A	2.06%
TM	D	1.97%
NVS	D	1.56%
CSCO	B	1.48%
CMCSA	B	1.29%
QCOM	F	1.27%
HSBH	B	1.23%
TXN	C	1.13%
COP	C	1.01%
PLD	D	0.91%
BLK	C	0.87%
TD	F	0.83%
LMT	D	0.82%
ETN	A	0.82%
MS	A	0.81%
UPS	C	0.81%
ADP	B	0.79%
C	A	0.77%
MDLZ	F	0.76%
CVS	D	0.76%
MMC	B	0.75%
GILD	C	0.66%
SO	D	0.55%
GD	F	0.46%
USB	A	0.45%
HMC	F	0.45%
PSX	C	0.45%
STLA	F	0.43%
PNC	B	0.43%
NSC	B	0.42%
PCAR	B	0.42%
TRV	B	0.38%
APD	A	0.37%
VLO	C	0.36%
AIG	B	0.34%
SRE	A	0.33%
NUE	C	0.32%
MET	A	0.32%
OKE	A	0.31%
AEP	D	0.31%
PAYX	C	0.3%
BK	A	0.29%
JCI	C	0.29%
LHX	C	0.29%
CMI	A	0.28%
RSG	A	0.28%
GIS	D	0.28%
EXC	C	0.27%
KR	B	0.26%
E	F	0.26%
XEL	A	0.25%
PEG	A	0.23%
FANG	D	0.23%
HSY	F	0.22%
DFS	B	0.22%
ADM	D	0.22%
VICI	C	0.22%
BCS	C	0.22%
AVB	B	0.19%
EIX	B	0.19%
WEC	A	0.18%
TROW	B	0.17%
DTE	C	0.17%
STT	A	0.16%
FITB	A	0.16%
ES	D	0.15%
MTB	A	0.15%
PFG	D	0.14%
GPC	D	0.14%
DRI	B	0.14%
AEE	A	0.14%
ETR	B	0.14%
HBAN	A	0.13%
GRMN	B	0.13%
OMC	C	0.13%
HPE	B	0.13%
CMS	C	0.12%
RF	A	0.12%
SWKS	F	0.12%
SYF	B	0.12%
HST	C	0.11%
NTRS	A	0.11%
VTRS	A	0.11%
ATO	A	0.11%
CINF	A	0.11%
FNF	B	0.1%
SNA	A	0.1%
CCEP	C	0.1%
PKG	A	0.1%
BBY	D	0.1%
IP	B	0.09%
AMCR	D	0.09%
EG	C	0.09%
CAG	D	0.09%
NI	A	0.08%
LNT	A	0.08%
MOS	F	0.07%
EVRG	A	0.07%
CHRW	C	0.06%
CPB	D	0.06%
FRO	F	0.02%

PFIX Underweight 10 Positions Relative to AGQI

Symbol	Grade	Weight
MSFT	F	-4.56%
NVT	B	-4.43%
KO	D	-3.73%
UL	D	-3.51%
MDT	D	-3.48%
HD	A	-3.4%
SONY	B	-3.35%
ORCL	B	-3.22%
AMT	D	-2.65%
HON	B	-2.55%