PFIX vs. XRLV ETF Comparison

Comparison of Simplify Interest Rate Hedge ETF (PFIX) to PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV)

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

$49.05

Average Daily Volume

112,734

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

XRLV

PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio

XRLV Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility Rate Response Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.39

Average Daily Volume

881

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFIX	XRLV
30 Days	3.26%	0.67%
60 Days	9.76%	1.08%
90 Days	3.55%	4.07%
12 Months	41.34%	5.01%

26 Overlapping Holdings

Symbol	Grade	Weight in PFIX	Weight in XRLV	Overlap
ADP	D	0.79%	0.9%	0.79%
ATO	A	0.11%	1.03%	0.11%
CAG	B	0.09%	1.05%	0.09%
CMS	A	0.12%	0.98%	0.12%
CSCO	D	1.48%	0.83%	0.83%
DRI	F	0.14%	0.92%	0.14%
DTE	A	0.17%	0.98%	0.17%
ETR	A	0.14%	0.95%	0.14%
GD	A	0.46%	1.05%	0.46%
GIS	C	0.28%	1.09%	0.28%
HSY	B	0.22%	1.03%	0.22%
JNJ	F	2.83%	1.08%	1.08%
JPM	B	3.9%	0.96%	0.96%
KR	B	0.26%	1.17%	0.26%
LMT	A	0.82%	1.06%	0.82%
LNT	B	0.08%	0.94%	0.08%
MDLZ	B	0.76%	0.98%	0.76%
MMC	C	0.75%	1.12%	0.75%
PEG	A	0.23%	1.11%	0.23%
PG	A	2.82%	1.22%	1.22%
RSG	C	0.28%	1.3%	0.28%
SO	A	0.55%	1.09%	0.55%
SRE	B	0.33%	0.95%	0.33%
VICI	B	0.22%	0.91%	0.22%
WEC	B	0.18%	0.95%	0.18%
XEL	C	0.25%	0.85%	0.25%

PFIX Overweight 80 Positions Relative to XRLV

Symbol	Grade	Weight
AVGO	C	3.86%
XOM	B	3.19%
CVX	B	2.06%
TM	D	1.97%
BAC	B	1.73%
NVS	B	1.56%
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%
ETN	A	0.82%
MS	A	0.81%
UPS	D	0.81%
C	A	0.77%
CVS	F	0.76%
GILD	F	0.66%
USB	D	0.45%
HMC	D	0.45%
PSX	D	0.45%
STLA	D	0.43%
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%
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%
EXC	B	0.27%
E	C	0.26%
FANG	B	0.23%
DFS	C	0.22%
ADM	C	0.22%
BCS	A	0.22%
AVB	A	0.19%
EIX	A	0.19%
TROW	D	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%
AEE	C	0.14%
HBAN	A	0.13%
GRMN	A	0.13%
OMC	B	0.13%
HPE	D	0.13%
RF	B	0.12%
SWKS	F	0.12%
SYF	B	0.12%
HST	D	0.11%
NTRS	C	0.11%
VTRS	C	0.11%
CINF	D	0.11%
FNF	B	0.1%
SNA	D	0.1%
CCEP	A	0.1%
PKG	D	0.1%
BBY	D	0.1%
IP	C	0.09%
AMCR	A	0.09%
EG	C	0.09%
NI	A	0.08%
MOS	F	0.07%
EVRG	B	0.07%
CHRW	C	0.06%
CPB	B	0.06%

PFIX Underweight 73 Positions Relative to XRLV

Symbol	Grade	Weight
KO	A	-1.44%
BRK.A	D	-1.32%
KMB	B	-1.3%
CL	A	-1.3%
MCD	F	-1.28%
WM	B	-1.27%
PEP	B	-1.24%
WMT	C	-1.22%
YUM	C	-1.17%
V	C	-1.15%
PM	A	-1.13%
KMI	A	-1.13%
APH	A	-1.1%
KHC	C	-1.09%
K	B	-1.09%
ROP	D	-1.09%
TJX	C	-1.09%
MA	D	-1.07%
L	A	-1.07%
ED	A	-1.06%
AME	D	-1.06%
KDP	B	-1.06%
MO	A	-1.06%
PPL	A	-1.05%
DGX	B	-1.05%
CTAS	B	-1.04%
STZ	D	-1.04%
CHD	A	-1.04%
DUK	A	-1.03%
HON	C	-1.03%
WMB	A	-1.02%
LIN	D	-1.02%
TMUS	B	-1.01%
BSX	B	-1.0%
ECL	A	-1.0%
ICE	C	-1.0%
CME	C	-0.99%
MSI	A	-0.99%
MRK	B	-0.98%
CNP	B	-0.98%
AFL	A	-0.97%
FE	A	-0.96%
HOLX	D	-0.96%
AJG	C	-0.96%
CBOE	C	-0.96%
MCK	B	-0.93%
BRO	C	-0.93%
BR	D	-0.92%
O	B	-0.92%
CB	C	-0.91%
BDX	F	-0.89%
IEX	D	-0.88%
IBM	D	-0.87%
SYY	D	-0.87%
ABBV	D	-0.86%
ITW	D	-0.86%
VRSK	B	-0.86%
ABT	F	-0.85%
BMY	F	-0.85%
LH	F	-0.85%
AON	F	-0.85%
PTC	D	-0.85%
ORLY	D	-0.84%
EA	F	-0.83%
VRSN	F	-0.82%
CSX	D	-0.81%
LKQ	D	-0.8%
AAPL	B	-0.79%
ROST	D	-0.78%
FDS	D	-0.78%
SJM	F	-0.78%
TDY	D	-0.77%
GL	F	-0.63%