PFIX vs. LVOL ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to American Century Low Volatility ETF (LVOL)

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

$47.28

Average Daily Volume

102,449

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$51.02

Average Daily Volume

511

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	LVOL
30 Days	-8.55%	4.52%
60 Days	1.75%	-0.16%
90 Days	-3.05%	2.53%
12 Months	35.38%	17.49%

16 Overlapping Holdings

Symbol	Grade	Weight in PFIX	Weight in LVOL	Overlap
AVGO	C	3.86%	0.74%	0.74%
BLK	C	0.87%	0.25%	0.25%
CMCSA	D	1.29%	0.3%	0.3%
CMI	A	0.28%	1.72%	0.28%
CSCO	D	1.48%	2.07%	1.48%
GD	A	0.46%	1.69%	0.46%
GRMN	A	0.13%	0.32%	0.13%
JNJ	D	2.83%	2.79%	2.79%
MDLZ	B	0.76%	0.22%	0.22%
MMC	B	0.75%	1.92%	0.75%
PAYX	C	0.3%	0.72%	0.3%
PG	A	2.82%	2.73%	2.73%
PKG	D	0.1%	0.2%	0.1%
RSG	B	0.28%	1.0%	0.28%
SNA	D	0.1%	0.24%	0.1%
TRV	D	0.38%	0.56%	0.38%

PFIX Overweight 90 Positions Relative to LVOL

Symbol	Grade	Weight
JPM	A	3.9%
XOM	B	3.19%
CVX	A	2.06%
TM	D	1.97%
BAC	A	1.73%
NVS	B	1.56%
QCOM	A	1.27%
VZ	C	1.26%
TXN	A	1.13%
COP	D	1.01%
PLD	D	0.91%
TD	F	0.83%
LMT	A	0.82%
ETN	B	0.82%
MS	A	0.81%
UPS	D	0.81%
ADP	C	0.79%
C	A	0.77%
CVS	F	0.76%
GILD	F	0.66%
SO	A	0.55%
USB	D	0.45%
HMC	D	0.45%
PSX	D	0.45%
STLA	D	0.43%
PNC	A	0.43%
NSC	D	0.42%
PCAR	D	0.42%
APD	C	0.37%
VLO	D	0.36%
AIG	A	0.34%
SRE	A	0.33%
NUE	D	0.32%
MET	B	0.32%
OKE	A	0.31%
AEP	A	0.31%
BK	A	0.29%
JCI	B	0.29%
LHX	A	0.29%
GIS	B	0.28%
EXC	B	0.27%
KR	C	0.26%
E	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%
BCS	A	0.22%
AVB	A	0.19%
EIX	A	0.19%
WEC	B	0.18%
TROW	D	0.17%
DTE	A	0.17%
STT	B	0.16%
FITB	A	0.16%
ES	B	0.15%
MTB	A	0.15%
PFG	C	0.14%
GPC	C	0.14%
DRI	F	0.14%
AEE	B	0.14%
ETR	A	0.14%
HBAN	A	0.13%
OMC	A	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	B	0.11%
VTRS	D	0.11%
ATO	C	0.11%
CINF	C	0.11%
FNF	B	0.1%
CCEP	A	0.1%
BBY	D	0.1%
IP	B	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	B	0.06%
CPB	B	0.06%

PFIX Underweight 84 Positions Relative to LVOL

Symbol	Grade	Weight
MSFT	C	-7.56%
AAPL	B	-5.86%
V	C	-3.15%
KO	A	-2.7%
BRK.A	C	-2.5%
LIN	D	-2.32%
APH	A	-2.24%
GOOGL	B	-2.21%
CB	C	-2.18%
HD	D	-2.1%
MCD	D	-2.08%
MA	D	-2.05%
MRK	B	-2.02%
ACN	D	-1.96%
PEP	B	-1.87%
TEL	A	-1.83%
ABT	F	-1.81%
MDT	C	-1.71%
COST	A	-1.38%
CTSH	D	-1.38%
CTAS	A	-1.25%
HON	C	-1.18%
DOX	F	-1.15%
AMZN	B	-1.02%
WM	A	-0.96%
CL	A	-0.96%
KEYS	D	-0.89%
BMY	F	-0.89%
NDSN	A	-0.84%
ITW	D	-0.82%
SPGI	B	-0.79%
GOOG	B	-0.79%
DOV	A	-0.79%
MCO	A	-0.77%
ADSK	D	-0.72%
INTU	D	-0.63%
BSX	A	-0.63%
ECL	A	-0.61%
AJG	C	-0.61%
HIG	B	-0.61%
ABBV	D	-0.57%
SHW	D	-0.57%
MSI	A	-0.57%
ROP	D	-0.57%
KMB	B	-0.57%
WMT	B	-0.55%
SYK	D	-0.55%
ORLY	D	-0.54%
IBM	D	-0.53%
WRB	D	-0.51%
FAST	D	-0.49%
YUM	D	-0.48%
OTIS	C	-0.48%
PTC	D	-0.45%
LLY	C	-0.45%
EA	F	-0.45%
VRSK	A	-0.44%
IEX	D	-0.41%
AMP	A	-0.4%
PPG	D	-0.4%
CDW	D	-0.36%
DLB	C	-0.3%
BR	D	-0.29%
NTAP	B	-0.27%
BRO	B	-0.25%
TMUS	B	-0.23%
HOLX	D	-0.22%
AVY	A	-0.22%
ZBH	D	-0.21%
CRM	D	-0.21%
VRSN	F	-0.19%
FDS	D	-0.18%
JKHY	C	-0.15%
FFIV	D	-0.12%
SNPS	D	-0.11%
PGR	A	-0.09%
LSTR	C	-0.09%
DCI	A	-0.09%
AON	D	-0.09%
ITT	A	-0.09%
CW	A	-0.09%
CHE	D	-0.08%
GGG	D	-0.08%
VLTO	A	-0.03%