PFIX vs. ISZE ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to iShares MSCI International Developed Size Factor ETF (ISZE)

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

$49.92

Average Daily Volume

112,734

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

ISZE

iShares MSCI International Developed Size Factor ETF

ISZE Description

The investment seeks to track the investment results of the MSCI World ex USA Risk Weighted Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index. The index is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.79

Average Daily Volume

4,143

Number of Holdings ^*

36

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	ISZE
30 Days	3.26%	0.54%
60 Days	9.76%	1.40%
90 Days	3.55%	5.54%
12 Months	41.34%	8.12%

7 Overlapping Holdings

	Symbol	Grade	Weight in PFIX	Weight in ISZE	Overlap
	BCS	A	0.22%	0.16%	0.16%
	CCEP	A	0.1%	0.12%	0.1%
	E	C	0.26%	0.1%	0.1%
	HMC	D	0.45%	0.13%	0.13%
	NVS	B	1.56%	0.11%	0.11%
	STLA	D	0.43%	0.11%	0.11%
	TM	D	1.97%	0.13%	0.13%

PFIX Overweight 99 Positions Relative to ISZE

	Symbol	Grade	Weight
	JPM	B	3.9%
	AVGO	C	3.86%
	XOM	B	3.19%
	JNJ	F	2.83%
	PG	A	2.82%
	CVX	B	2.06%
	BAC	B	1.73%
	CSCO	D	1.48%
	CMCSA	D	1.29%
	QCOM	B	1.27%
	VZ	D	1.26%
	TXN	A	1.13%
	COP	C	1.01%
	PLD	D	0.91%
	BLK	D	0.87%
	TD	F	0.83%
	LMT	A	0.82%
	ETN	A	0.82%
	MS	A	0.81%
	UPS	D	0.81%
	ADP	D	0.79%
	C	A	0.77%
	MDLZ	B	0.76%
	CVS	F	0.76%
	MMC	C	0.75%
	GILD	F	0.66%
	SO	A	0.55%
	GD	A	0.46%
	USB	D	0.45%
	PSX	D	0.45%
	PNC	B	0.43%
	NSC	D	0.42%
	PCAR	D	0.42%
	TRV	D	0.38%
	APD	C	0.37%
	VLO	D	0.36%
	AIG	A	0.34%
	SRE	B	0.33%
	NUE	F	0.32%
	MET	C	0.32%
	OKE	B	0.31%
	AEP	A	0.31%
	PAYX	D	0.3%
	BK	A	0.29%
	JCI	B	0.29%
	LHX	A	0.29%
	CMI	B	0.28%
	RSG	C	0.28%
	GIS	C	0.28%
	EXC	B	0.27%
	KR	B	0.26%
	XEL	C	0.25%
	PEG	A	0.23%
	FANG	B	0.23%
	HSY	B	0.22%
	DFS	C	0.22%
	ADM	C	0.22%
	VICI	B	0.22%
	AVB	A	0.19%
	EIX	A	0.19%
	WEC	B	0.18%
	TROW	D	0.17%
	DTE	A	0.17%
	STT	C	0.16%
	FITB	A	0.16%
	ES	B	0.15%
	MTB	A	0.15%
	PFG	C	0.14%
	GPC	B	0.14%
	DRI	F	0.14%
	AEE	C	0.14%
	ETR	A	0.14%
	HBAN	A	0.13%
	GRMN	A	0.13%
	OMC	B	0.13%
	HPE	D	0.13%
	CMS	A	0.12%
	RF	B	0.12%
	SWKS	F	0.12%
	SYF	B	0.12%
	HST	D	0.11%
	NTRS	C	0.11%
	VTRS	C	0.11%
	ATO	A	0.11%
	CINF	D	0.11%
	FNF	B	0.1%
	SNA	D	0.1%
	PKG	D	0.1%
	BBY	D	0.1%
	IP	C	0.09%
	AMCR	A	0.09%
	EG	C	0.09%
	CAG	B	0.09%
	NI	A	0.08%
	LNT	B	0.08%
	MOS	F	0.07%
	EVRG	B	0.07%
	CHRW	C	0.06%
	CPB	B	0.06%

PFIX Underweight 29 Positions Relative to ISZE

	Symbol	Grade	Weight
	SE	B	-0.19%
	NMR	D	-0.19%
	TEVA	B	-0.16%
	CYBR	D	-0.15%
	WIX	D	-0.15%
	SONY	F	-0.15%
	XRX	F	-0.14%
	ABBV	D	-0.14%
	AER	A	-0.14%
	AGCO	F	-0.14%
	LYG	A	-0.13%
	STM	F	-0.13%
	FUTU	B	-0.13%
	GLBE	F	-0.12%
	CHKP	D	-0.12%
	NVO	D	-0.12%
	MNDY	D	-0.12%
	TS	F	-0.11%
	SMFG	D	-0.11%
	GRAB	B	-0.11%
	MFG	D	-0.11%
	LOGI	D	-0.11%
	GIB	D	-0.11%
	CNI	D	-0.11%
	MUFG	D	-0.11%
	GOLD	B	-0.11%
	DEO	D	-0.1%
	DOOO	C	-0.1%
	UL	A	-0.1%

PFIX: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Asset Management Banks - Global Semiconductors Utilities - Diversified Auto Manufacturers Communication Equipment Drug Manufacturers - Major Oil & Gas Integrated Packaged Foods Packaging & Containers Aerospace & Defense Business Services Confectioners Credit Services Insurance - Life Insurance - Property & Casualty Integrated Shipping & Logistics Oil & Gas E&P

Keywords: S&P 500 Natural Gas Electricity Nasdaq 100 Bank Insurance Banking Cash Management Insurance Products Investment Bank Investment Management Dow Jones Component Financial Products Chemical Commercial Banking Electric Utility Mining Asset Management Services Cash Management Services Food Products

ISZE: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Software - Application Capital Markets Drug Manufacturers - Major Information Technology Services Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Biotechnology Computer Systems Consumer Electronics Drug Manufacturers - Specialty & Generic Electronic Gaming & Multimedia Farm & Construction Equipment Gold Household & Personal Products Internet Content & Information

Keywords: Asset Management Bank Banking Financial Products Investment Banking Investment Banking Services Transport Advisory Services Cars Cash Management Services Corporate Banking Insurance Products Investment Bank Investment Product Pharmaceutical Structured Finance Telecommunications Wealth Management Services Active Pharmaceutical Ingredients Alcohol