PFIX vs. RAFE ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to PIMCO RAFI ESG U.S. ETF (RAFE)

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

$48.45

Average Daily Volume

84,430

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$35.39

Average Daily Volume

5,405

Number of Holdings ^*

233

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	RAFE
30 Days	6.72%	1.81%
60 Days	-2.72%	4.15%
90 Days	-0.68%	2.03%
12 Months	38.24%	18.82%

46 Overlapping Holdings

Symbol	Grade	Weight in PFIX	Weight in RAFE	Overlap
ADM	C	0.22%	0.22%	0.22%
ADP	D	0.79%	0.29%	0.29%
APD	D	0.37%	0.27%	0.27%
AVB	B	0.19%	0.12%	0.12%
AVGO	B	3.86%	1.06%	1.06%
BAC	B	1.73%	1.17%	1.17%
BBY	C	0.1%	0.4%	0.1%
BK	B	0.29%	0.14%	0.14%
BLK	B	0.87%	0.45%	0.45%
C	B	0.77%	2.56%	0.77%
CAG	D	0.09%	0.04%	0.04%
CMCSA	F	1.29%	1.15%	1.15%
CMI	D	0.28%	0.25%	0.25%
CPB	B	0.06%	0.04%	0.04%
CSCO	D	1.48%	1.92%	1.48%
CVS	D	0.76%	0.23%	0.23%
EIX	C	0.19%	0.17%	0.17%
FITB	D	0.16%	0.08%	0.08%
GILD	C	0.66%	0.62%	0.62%
GIS	D	0.28%	0.25%	0.25%
GPC	D	0.14%	0.07%	0.07%
HPE	C	0.13%	0.56%	0.13%
HST	D	0.11%	0.1%	0.1%
HSY	F	0.22%	0.04%	0.04%
IP	C	0.09%	0.28%	0.09%
JCI	D	0.29%	0.36%	0.29%
JNJ	F	2.83%	2.51%	2.51%
JPM	B	3.9%	2.94%	2.94%
MDLZ	D	0.76%	0.25%	0.25%
MET	D	0.32%	0.54%	0.32%
MOS	F	0.07%	0.14%	0.07%
NTRS	C	0.11%	0.04%	0.04%
OMC	D	0.13%	0.1%	0.1%
PAYX	D	0.3%	0.06%	0.06%
PFG	D	0.14%	0.13%	0.13%
PG	C	2.82%	2.32%	2.32%
PKG	C	0.1%	0.1%	0.1%
PLD	C	0.91%	0.11%	0.11%
QCOM	B	1.27%	1.68%	1.27%
RSG	A	0.28%	0.06%	0.06%
STT	C	0.16%	0.17%	0.16%
TROW	C	0.17%	0.04%	0.04%
TXN	B	1.13%	0.71%	0.71%
UPS	D	0.81%	0.44%	0.44%
VTRS	D	0.11%	0.1%	0.1%
VZ	B	1.26%	0.94%	0.94%

PFIX Overweight 60 Positions Relative to RAFE

Symbol	Grade	Weight
XOM	D	3.19%
CVX	D	2.06%
TM	D	1.97%
NVS	A	1.56%
COP	D	1.01%
TD	F	0.83%
LMT	C	0.82%
ETN	C	0.82%
MS	B	0.81%
MMC	B	0.75%
SO	B	0.55%
GD	D	0.46%
USB	D	0.45%
HMC	D	0.45%
PSX	D	0.45%
STLA	F	0.43%
PNC	C	0.43%
NSC	D	0.42%
PCAR	D	0.42%
TRV	D	0.38%
VLO	D	0.36%
AIG	D	0.34%
SRE	B	0.33%
NUE	F	0.32%
OKE	B	0.31%
AEP	C	0.31%
LHX	B	0.29%
EXC	D	0.27%
KR	C	0.26%
E	C	0.26%
XEL	D	0.25%
PEG	B	0.23%
FANG	B	0.23%
DFS	B	0.22%
VICI	D	0.22%
BCS	A	0.22%
WEC	D	0.18%
DTE	D	0.17%
ES	C	0.15%
MTB	C	0.15%
DRI	D	0.14%
AEE	D	0.14%
ETR	D	0.14%
HBAN	D	0.13%
GRMN	C	0.13%
CMS	D	0.12%
RF	B	0.12%
SWKS	C	0.12%
SYF	B	0.12%
ATO	D	0.11%
CINF	C	0.11%
FNF	D	0.1%
SNA	F	0.1%
CCEP	B	0.1%
AMCR	D	0.09%
EG	D	0.09%
NI	B	0.08%
LNT	B	0.08%
EVRG	D	0.07%
CHRW	C	0.06%

PFIX Underweight 187 Positions Relative to RAFE

Symbol	Grade	Weight
MSFT	A	-5.41%
AAPL	A	-5.25%
INTC	C	-2.6%
WFC	C	-2.0%
META	A	-1.98%
PFE	C	-1.92%
MRK	C	-1.87%
T	B	-1.78%
GM	B	-1.58%
IBM	B	-1.34%
ABBV	C	-1.32%
MU	C	-1.26%
HD	C	-1.26%
CI	D	-1.14%
ORCL	A	-1.1%
BMY	F	-1.07%
LIN	C	-1.04%
ELV	C	-1.04%
AMGN	B	-1.02%
F	B	-1.0%
DIS	D	-0.94%
AMAT	B	-0.92%
TGT	D	-0.91%
ABT	D	-0.86%
KO	A	-0.85%
UNH	D	-0.84%
V	C	-0.82%
LOW	D	-0.79%
MMM	B	-0.76%
LLY	A	-0.75%
ACN	D	-0.67%
LRCX	B	-0.64%
NVDA	B	-0.59%
HPQ	C	-0.56%
MA	C	-0.56%
ADBE	B	-0.55%
DD	C	-0.52%
DOW	D	-0.49%
FDX	B	-0.48%
AXP	C	-0.47%
NKE	F	-0.46%
PRU	B	-0.46%
GS	A	-0.44%
ALL	D	-0.42%
CL	B	-0.39%
DE	F	-0.39%
TJX	A	-0.38%
WDC	B	-0.37%
NEM	A	-0.36%
WM	B	-0.35%
MCK	B	-0.35%
PYPL	D	-0.35%
BIIB	C	-0.32%
DHR	D	-0.32%
HUM	C	-0.3%
FIS	B	-0.3%
NTAP	A	-0.29%
TSLA	B	-0.29%
TMUS	B	-0.29%
CARR	C	-0.28%
KMB	B	-0.28%
BDX	F	-0.27%
PGR	B	-0.26%
CRM	C	-0.24%
WELL	A	-0.23%
ADI	B	-0.23%
ECL	B	-0.23%
ITW	D	-0.22%
DG	F	-0.21%
CAH	D	-0.21%
MAR	C	-0.21%
AMP	B	-0.21%
CCI	D	-0.21%
EA	B	-0.21%
EBAY	B	-0.21%
CBRE	C	-0.2%
WBA	F	-0.2%
HIG	C	-0.19%
KHC	D	-0.18%
SYY	D	-0.18%
WY	F	-0.18%
KLAC	B	-0.17%
PPG	D	-0.17%
JNPR	B	-0.16%
SYK	B	-0.16%
EQIX	C	-0.16%
KSS	F	-0.16%
OC	D	-0.16%
WHR	C	-0.16%
DVA	C	-0.15%
VTR	A	-0.15%
CTSH	C	-0.15%
EW	B	-0.15%
JLL	B	-0.14%
SPGI	B	-0.14%
GEHC	D	-0.14%
MSI	B	-0.14%
AMT	B	-0.14%
IRM	B	-0.14%
ARW	D	-0.13%
GWW	C	-0.13%
PARA	C	-0.13%
A	D	-0.13%
AMD	B	-0.13%
BSX	B	-0.13%
BALL	D	-0.13%
GPS	C	-0.13%
SHW	D	-0.12%
MCO	A	-0.12%
EL	F	-0.12%
EQR	B	-0.12%
NFLX	A	-0.12%
TER	A	-0.11%
VFC	D	-0.11%
CDNS	B	-0.11%
KDP	D	-0.11%
BAX	C	-0.11%
TSN	D	-0.11%
CDW	D	-0.1%
LNC	C	-0.1%
K	D	-0.1%
PVH	F	-0.1%
ZTS	C	-0.1%
CF	F	-0.1%
AWK	B	-0.1%
HLT	B	-0.1%
TSCO	D	-0.09%
ISRG	A	-0.09%
TPR	C	-0.08%
SNPS	B	-0.08%
SOLV	F	-0.08%
LKQ	F	-0.08%
DGX	C	-0.08%
OTIS	B	-0.08%
ON	C	-0.08%
AVT	D	-0.08%
LEA	F	-0.08%
DOX	D	-0.07%
DELL	C	-0.07%
SWK	D	-0.07%
HOLX	C	-0.07%
MCHP	C	-0.07%
IFF	B	-0.07%
WAT	D	-0.07%
FOXA	B	-0.07%
SJM	D	-0.07%
MRVL	C	-0.06%
MHK	D	-0.06%
XRX	F	-0.06%
HAS	D	-0.06%
EQH	B	-0.06%
AKAM	F	-0.06%
BKNG	B	-0.06%
USFD	C	-0.06%
DOV	D	-0.06%
FAST	D	-0.06%
WU	D	-0.05%
HUN	F	-0.05%
FLEX	D	-0.05%
AAP	F	-0.05%
FL	D	-0.05%
O	C	-0.05%
MAA	C	-0.05%
CHD	C	-0.05%
AGCO	F	-0.04%
LUMN	F	-0.04%
KEYS	D	-0.04%
CTVA	D	-0.04%
ROK	D	-0.04%
DXC	C	-0.04%
HSIC	D	-0.04%
OGN	C	-0.04%
ESS	B	-0.04%
KD	C	-0.03%
NWL	F	-0.03%
GT	F	-0.03%
ORLY	C	-0.02%
ILMN	D	-0.02%
NWSA	B	-0.02%
VNO	C	-0.02%
KLG	F	-0.01%
HRL	F	-0.01%
WAB	D	-0.01%
NDAQ	C	-0.01%
KIM	B	-0.01%
ANET	A	-0.01%
MAN	D	-0.01%