PFIX vs. MOAT ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to Market Vectors Wide Moat ETF (MOAT)

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

$47.70

Average Daily Volume

87,710

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

MOAT

Market Vectors Wide Moat ETF

MOAT Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MorningstarÂ® Wide Moat Focus IndexSM (the "Wide Moat Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of securities issued by companies that Morningstar, Inc. ("Morningstar" or the "Wide Moat Index Provider") determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.54

Average Daily Volume

661,468

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	MOAT
30 Days	-1.32%	3.28%
60 Days	14.81%	1.72%
90 Days	15.67%	4.72%
12 Months	3.45%	27.35%

6 Overlapping Holdings

Symbol	Grade	Weight in PFIX	Weight in MOAT	Overlap
APD	A	0.37%	1.36%	0.37%
CMCSA	C	1.29%	1.3%	1.29%
CPB	D	0.06%	2.29%	0.06%
GILD	B	0.66%	2.97%	0.66%
UPS	C	0.81%	1.24%	0.81%
USB	A	0.45%	2.78%	0.45%

PFIX Overweight 102 Positions Relative to MOAT

Symbol	Grade	Weight
JPM	B	3.9%
AVGO	D	3.86%
XOM	C	3.19%
JNJ	D	2.83%
PG	A	2.82%
CVX	A	2.06%
TM	F	1.97%
BAC	A	1.73%
NVS	D	1.56%
CSCO	A	1.48%
QCOM	F	1.27%
VZ	B	1.26%
HSBH	B	1.23%
TXN	D	1.13%
COP	D	1.01%
PLD	D	0.91%
BLK	C	0.87%
TD	F	0.83%
LMT	D	0.82%
ETN	A	0.82%
MS	C	0.81%
ADP	A	0.79%
C	B	0.77%
MDLZ	F	0.76%
CVS	D	0.76%
MMC	A	0.75%
SO	C	0.55%
GD	F	0.46%
HMC	F	0.45%
PSX	C	0.45%
STLA	F	0.43%
PNC	A	0.43%
NSC	A	0.42%
PCAR	B	0.42%
TRV	B	0.38%
VLO	C	0.36%
AIG	B	0.34%
SRE	B	0.33%
NUE	D	0.32%
MET	A	0.32%
OKE	B	0.31%
AEP	C	0.31%
PAYX	B	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	A	0.26%
E	F	0.26%
XEL	A	0.25%
PEG	A	0.23%
FANG	F	0.23%
HSY	F	0.22%
DFS	B	0.22%
ADM	D	0.22%
VICI	C	0.22%
BCS	C	0.22%
AVB	A	0.19%
EIX	A	0.19%
WEC	A	0.18%
TROW	A	0.17%
DTE	C	0.17%
STT	A	0.16%
FITB	B	0.16%
ES	D	0.15%
MTB	B	0.15%
PFG	C	0.14%
GPC	D	0.14%
DRI	B	0.14%
AEE	A	0.14%
ETR	A	0.14%
HBAN	B	0.13%
GRMN	B	0.13%
OMC	C	0.13%
HPE	B	0.13%
CMS	B	0.12%
RF	B	0.12%
SWKS	D	0.12%
SYF	A	0.12%
HST	C	0.11%
NTRS	A	0.11%
VTRS	B	0.11%
ATO	A	0.11%
CINF	A	0.11%
FNF	B	0.1%
SNA	A	0.1%
CCEP	B	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%
FRO	F	0.02%

PFIX Underweight 47 Positions Relative to MOAT

Symbol	Grade	Weight
CRM	B	-3.14%
BMY	B	-3.0%
ADSK	B	-2.94%
EMR	A	-2.87%
MKTX	D	-2.73%
BIO	D	-2.72%
KVUE	A	-2.69%
DIS	B	-2.69%
TRU	D	-2.69%
MO	A	-2.62%
VEEV	B	-2.57%
ALLE	D	-2.54%
CTVA	A	-2.48%
ZBH	C	-2.37%
ADBE	C	-2.36%
A	D	-2.21%
PFE	D	-2.1%
IFF	D	-2.06%
NKE	F	-2.05%
BA	F	-1.87%
HII	D	-1.82%
FTNT	B	-1.73%
EL	F	-1.56%
SCHW	A	-1.51%
WDAY	C	-1.44%
CLX	C	-1.44%
WAT	A	-1.4%
GOOGL	C	-1.39%
IEX	B	-1.39%
AMZN	B	-1.37%
HON	B	-1.35%
SBUX	B	-1.33%
NOC	D	-1.32%
MAS	D	-1.29%
OTIS	C	-1.29%
RTX	D	-1.25%
ROK	B	-1.24%
KEYS	B	-1.23%
MSFT	C	-1.21%
EFX	D	-1.2%
LRCX	D	-1.17%
NXPI	D	-1.16%
GEHC	F	-1.14%
TMO	F	-1.04%
MCHP	D	-1.02%
TER	D	-0.97%
ETSY	C	-0.91%