PFIX vs. EQWL ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to PowerShares Russell Top 200 Equal Weight Portfolio (EQWL)

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

$50.22

Average Daily Volume

80,893

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$106.55

Average Daily Volume

61,555

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	EQWL
30 Days	1.63%	3.32%
60 Days	26.27%	4.89%
90 Days	22.86%	7.38%
12 Months	7.42%	31.93%

27 Overlapping Holdings

Symbol	Grade	Weight in PFIX	Weight in EQWL	Overlap
AIG	B	0.34%	0.98%	0.34%
AVGO	D	3.86%	0.97%	0.97%
BAC	A	1.73%	1.13%	1.13%
BK	A	0.29%	1.07%	0.29%
BLK	C	0.87%	1.12%	0.87%
C	A	0.77%	1.12%	0.77%
CMCSA	B	1.29%	1.04%	1.04%
COP	C	1.01%	1.03%	1.01%
CSCO	B	1.48%	1.1%	1.1%
CVS	D	0.76%	0.9%	0.76%
CVX	A	2.06%	1.09%	1.09%
GD	F	0.46%	0.91%	0.46%
GILD	C	0.66%	1.06%	0.66%
JNJ	D	2.83%	0.87%	0.87%
JPM	A	3.9%	1.12%	1.12%
LMT	D	0.82%	0.9%	0.82%
MDLZ	F	0.76%	0.83%	0.76%
MET	A	0.32%	1.03%	0.32%
MS	A	0.81%	1.28%	0.81%
PG	A	2.82%	0.91%	0.91%
QCOM	F	1.27%	0.93%	0.93%
SO	D	0.55%	0.92%	0.55%
TXN	C	1.13%	0.98%	0.98%
UPS	C	0.81%	0.99%	0.81%
USB	A	0.45%	1.07%	0.45%
VZ	C	1.26%	0.87%	0.87%
XOM	B	3.19%	1.03%	1.03%

PFIX Overweight 81 Positions Relative to EQWL

Symbol	Grade	Weight
TM	D	1.97%
NVS	D	1.56%
HSBH	B	1.23%
PLD	D	0.91%
TD	F	0.83%
ETN	A	0.82%
ADP	B	0.79%
MMC	B	0.75%
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%
SRE	A	0.33%
NUE	C	0.32%
OKE	A	0.31%
AEP	D	0.31%
PAYX	C	0.3%
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 74 Positions Relative to EQWL

Symbol	Grade	Weight
WFC	A	-1.31%
TSLA	B	-1.29%
COF	B	-1.25%
CRM	B	-1.24%
SCHW	B	-1.23%
INTC	D	-1.21%
EMR	A	-1.2%
BKNG	A	-1.2%
GM	B	-1.18%
PYPL	B	-1.17%
GS	A	-1.17%
NVDA	C	-1.17%
DIS	B	-1.14%
NFLX	A	-1.14%
BMY	B	-1.13%
TMUS	B	-1.12%
CHTR	C	-1.1%
ORCL	B	-1.09%
AMZN	C	-1.08%
HON	B	-1.07%
AXP	A	-1.06%
CAT	B	-1.06%
META	D	-1.04%
SPG	B	-1.03%
HD	A	-1.02%
V	A	-1.02%
INTU	C	-1.02%
LOW	D	-1.0%
MA	C	-1.0%
MO	A	-0.99%
WMT	A	-0.99%
BRK.A	B	-0.99%
F	C	-0.98%
ACN	C	-0.98%
PM	B	-0.97%
FDX	B	-0.97%
AAPL	C	-0.97%
T	A	-0.97%
MCD	D	-0.96%
COST	B	-0.96%
TGT	F	-0.96%
RTX	C	-0.95%
UNH	C	-0.95%
GE	D	-0.95%
DE	A	-0.95%
SBUX	A	-0.95%
ABT	B	-0.94%
ADBE	C	-0.94%
MSFT	F	-0.94%
MMM	D	-0.94%
IBM	C	-0.93%
LIN	D	-0.92%
MDT	D	-0.91%
NKE	D	-0.91%
UNP	C	-0.9%
DUK	C	-0.89%
PEP	F	-0.88%
AMD	F	-0.87%
KHC	F	-0.85%
BA	F	-0.84%
PFE	D	-0.84%
DOW	F	-0.84%
NEE	D	-0.84%
AMGN	D	-0.84%
TMO	F	-0.83%
KO	D	-0.83%
DHR	F	-0.83%
ABBV	D	-0.83%
CL	D	-0.82%
LLY	F	-0.81%
MRK	F	-0.8%
AMT	D	-0.77%
GOOGL	C	-0.58%
GOOG	C	-0.48%