QARP vs. PFIX ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to Simplify Interest Rate Hedge ETF (PFIX)

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.85

Average Daily Volume

3,299

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

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

$50.22

Average Daily Volume

80,893

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	QARP	PFIX
30 Days	3.81%	1.63%
60 Days	3.83%	26.27%
90 Days	5.70%	22.86%
12 Months	26.96%	7.42%

46 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in PFIX	Overlap
ADM	D	0.27%	0.22%	0.22%
ADP	B	0.21%	0.79%	0.21%
AMCR	D	0.03%	0.09%	0.03%
ATO	A	0.08%	0.11%	0.08%
BBY	D	0.22%	0.1%	0.1%
CHRW	C	0.06%	0.06%	0.06%
CINF	A	0.09%	0.11%	0.09%
CMCSA	B	0.86%	1.29%	0.86%
CMI	A	0.26%	0.28%	0.26%
COP	C	0.78%	1.01%	0.78%
CPB	D	0.02%	0.06%	0.02%
CSCO	B	1.97%	1.48%	1.48%
CVS	D	0.19%	0.76%	0.19%
CVX	A	1.54%	2.06%	1.54%
DRI	B	0.13%	0.14%	0.13%
EG	C	0.06%	0.09%	0.06%
FANG	D	0.19%	0.23%	0.19%
GILD	C	0.32%	0.66%	0.32%
GIS	D	0.09%	0.28%	0.09%
GPC	D	0.07%	0.14%	0.07%
GRMN	B	0.15%	0.13%	0.13%
HST	C	0.03%	0.11%	0.03%
HSY	F	0.08%	0.22%	0.08%
IP	B	0.05%	0.09%	0.05%
JNJ	D	2.35%	2.83%	2.35%
KR	B	0.29%	0.26%	0.26%
LMT	D	0.71%	0.82%	0.71%
MMC	B	0.56%	0.75%	0.56%
MOS	F	0.04%	0.07%	0.04%
NUE	C	0.37%	0.32%	0.32%
PAYX	C	0.19%	0.3%	0.19%
PCAR	B	0.23%	0.42%	0.23%
PG	A	1.38%	2.82%	1.38%
PKG	A	0.06%	0.1%	0.06%
PSX	C	0.12%	0.45%	0.12%
QCOM	F	0.25%	1.27%	0.25%
SNA	A	0.12%	0.1%	0.1%
SWKS	F	0.08%	0.12%	0.08%
SYF	B	0.14%	0.12%	0.12%
TROW	B	0.25%	0.17%	0.17%
TXN	C	0.36%	1.13%	0.36%
UPS	C	0.4%	0.81%	0.4%
VICI	C	0.08%	0.22%	0.08%
VLO	C	0.18%	0.36%	0.18%
VZ	C	0.67%	1.26%	0.67%
XOM	B	3.2%	3.19%	3.19%

QARP Overweight 299 Positions Relative to PFIX

Symbol	Grade	Weight
BRK.A	B	5.26%
META	D	5.09%
AAPL	C	4.93%
AMZN	C	3.85%
WMT	A	3.0%
GOOGL	C	2.38%
UNH	C	2.36%
COST	B	2.35%
GOOG	C	2.15%
MSFT	F	2.01%
HD	A	1.98%
V	A	1.84%
MA	C	1.57%
MCK	B	1.18%
ACN	C	1.17%
ADBE	C	0.87%
TSLA	B	0.83%
TJX	A	0.82%
BKNG	A	0.81%
LOW	D	0.77%
T	A	0.72%
AMAT	F	0.71%
CAT	B	0.66%
MO	A	0.64%
BMY	B	0.62%
PM	B	0.56%
CI	F	0.55%
EOG	A	0.51%
SBUX	A	0.51%
PFE	D	0.47%
ELV	F	0.46%
LRCX	F	0.42%
CAH	B	0.4%
LEN	D	0.4%
COR	B	0.4%
MCD	D	0.38%
ORLY	B	0.37%
MU	D	0.35%
AON	A	0.34%
PYPL	B	0.34%
SYY	B	0.33%
FDX	B	0.33%
MCO	B	0.33%
AZO	C	0.33%
TGT	F	0.32%
MRK	F	0.32%
HUM	C	0.32%
NKE	D	0.31%
DHI	D	0.31%
PSA	D	0.31%
ITW	B	0.31%
CTSH	B	0.29%
GWW	B	0.28%
MPC	D	0.26%
HCA	F	0.26%
STLD	B	0.25%
REGN	F	0.25%
DE	A	0.25%
ROST	C	0.25%
CNC	D	0.24%
GM	B	0.24%
VST	B	0.23%
NVR	D	0.23%
ACGL	D	0.23%
ABNB	C	0.23%
CL	D	0.22%
FTNT	C	0.22%
FAST	B	0.22%
ABT	B	0.22%
MSCI	C	0.22%
DAL	C	0.22%
URI	B	0.22%
GEV	B	0.21%
PHM	D	0.21%
WSM	B	0.21%
KVUE	A	0.21%
EA	A	0.21%
LPLA	A	0.2%
VRTX	F	0.2%
SPG	B	0.2%
NVDA	C	0.18%
ISRG	A	0.18%
ODFL	B	0.18%
EXPE	B	0.17%
RS	B	0.17%
LULU	C	0.17%
KMB	D	0.16%
EME	C	0.16%
BLDR	D	0.16%
KLAC	D	0.16%
DVN	F	0.16%
COF	B	0.16%
FCNCA	A	0.15%
TSCO	D	0.15%
ULTA	F	0.14%
GEHC	F	0.14%
SLB	C	0.14%
MNST	C	0.14%
CASY	A	0.13%
DECK	A	0.13%
ANET	C	0.13%
OC	A	0.13%
EXPD	D	0.13%
CF	B	0.13%
CHTR	C	0.13%
CTRA	B	0.12%
TPR	B	0.12%
UNP	C	0.12%
MAR	B	0.12%
KEYS	A	0.12%
CMG	B	0.11%
BJ	A	0.11%
UAL	A	0.11%
MTG	C	0.11%
EVR	B	0.11%
MRO	B	0.11%
MMM	D	0.11%
CPNG	D	0.1%
FDS	B	0.1%
UTHR	C	0.1%
BKR	B	0.1%
SOLV	C	0.1%
LUV	C	0.1%
EBAY	D	0.09%
MTD	D	0.09%
LYV	A	0.09%
LYB	F	0.09%
DKS	C	0.09%
A	D	0.09%
AMG	B	0.09%
ROK	B	0.09%
CBRE	B	0.09%
CBOE	B	0.08%
LNG	B	0.08%
FICO	B	0.08%
TT	A	0.08%
HRB	D	0.08%
WY	D	0.08%
CTAS	B	0.08%
WSO	A	0.08%
INTC	D	0.08%
WST	C	0.08%
PFGC	B	0.08%
HPQ	B	0.08%
ADI	D	0.08%
DOX	D	0.07%
DOW	F	0.07%
NTAP	C	0.07%
CLX	B	0.07%
DLTR	F	0.07%
CPRT	A	0.07%
GGG	B	0.07%
RHI	B	0.07%
SPGI	C	0.07%
LH	C	0.07%
SEIC	B	0.07%
AMD	F	0.07%
MAS	D	0.07%
TOL	B	0.07%
AYI	B	0.07%
RNR	C	0.06%
ACI	C	0.06%
EXP	A	0.06%
AGCO	D	0.06%
PGR	A	0.06%
TXRH	C	0.06%
TXT	D	0.06%
SKX	D	0.06%
MOH	F	0.06%
OXY	D	0.06%
K	A	0.06%
EW	C	0.06%
PWR	A	0.06%
FFIV	B	0.06%
JBL	B	0.06%
VRSN	F	0.06%
INCY	C	0.06%
COIN	C	0.06%
BWA	D	0.06%
AOS	F	0.06%
POOL	C	0.06%
BX	A	0.06%
HAL	C	0.06%
ADSK	A	0.06%
CSX	B	0.06%
ALK	C	0.05%
LVS	C	0.05%
BLD	D	0.05%
MRNA	F	0.05%
JKHY	D	0.05%
APTV	D	0.05%
LSTR	D	0.05%
JBHT	C	0.05%
CCL	B	0.05%
CSL	C	0.05%
ORCL	B	0.05%
UHS	D	0.05%
ITT	A	0.05%
ALGN	D	0.05%
FIX	A	0.05%
SAIA	B	0.05%
CLF	F	0.05%
MGM	D	0.05%
RL	B	0.05%
MKTX	D	0.05%
YUM	B	0.05%
MUSA	A	0.05%
OSK	B	0.04%
NYT	C	0.04%
MCHP	D	0.04%
X	C	0.04%
AAL	B	0.04%
ACM	A	0.04%
CHE	D	0.04%
ROL	B	0.04%
FCX	D	0.04%
USFD	A	0.04%
KNSL	B	0.04%
LPX	B	0.04%
ARMK	B	0.04%
WYNN	D	0.04%
ALSN	B	0.04%
LEA	D	0.04%
TSN	B	0.04%
CNP	B	0.04%
PAYC	B	0.04%
GNTX	C	0.04%
COKE	C	0.04%
EPAM	C	0.04%
LECO	B	0.04%
CNM	D	0.04%
BURL	A	0.04%
FND	C	0.04%
CHRD	D	0.04%
DBX	B	0.04%
ON	D	0.04%
INGR	B	0.04%
DCI	B	0.04%
WBD	C	0.04%
HOLX	D	0.04%
HLI	B	0.04%
OTIS	C	0.04%
OLN	D	0.03%
WAT	B	0.03%
AMGN	D	0.03%
SJM	D	0.03%
PINC	B	0.03%
MTZ	B	0.03%
FCN	D	0.03%
RLI	B	0.03%
G	B	0.03%
MSM	C	0.03%
WTW	B	0.03%
PVH	C	0.03%
GLPI	C	0.03%
KNX	B	0.03%
THO	B	0.03%
VVV	F	0.03%
TER	D	0.03%
RPRX	D	0.03%
GAP	C	0.03%
DPZ	C	0.03%
LOPE	B	0.03%
OVV	B	0.03%
JHG	A	0.03%
DGX	A	0.03%
FOXA	B	0.03%
MEDP	D	0.03%
LLY	F	0.03%
LAMR	D	0.03%
JNPR	F	0.03%
TAP	C	0.03%
J	F	0.03%
EXEL	B	0.03%
BIIB	F	0.02%
BBWI	D	0.02%
DINO	D	0.02%
CDW	F	0.02%
ABBV	D	0.02%
NEU	C	0.02%
HII	D	0.02%
FIVE	F	0.02%
CDNS	B	0.02%
CE	F	0.02%
AR	B	0.02%
TTEK	F	0.02%
APA	D	0.02%
M	D	0.02%
LKQ	D	0.02%
DD	D	0.02%
MHK	D	0.02%
CTVA	C	0.02%
EL	F	0.02%
CROX	D	0.02%
ALB	C	0.02%
SSD	D	0.02%
PII	D	0.02%
CRUS	D	0.02%
IWB	A	0.0%

QARP Underweight 62 Positions Relative to PFIX

Symbol	Grade	Weight
JPM	A	-3.9%
AVGO	D	-3.86%
TM	D	-1.97%
BAC	A	-1.73%
NVS	D	-1.56%
HSBH	B	-1.23%
PLD	D	-0.91%
BLK	C	-0.87%
TD	F	-0.83%
ETN	A	-0.82%
MS	A	-0.81%
C	A	-0.77%
MDLZ	F	-0.76%
SO	D	-0.55%
GD	F	-0.46%
USB	A	-0.45%
HMC	F	-0.45%
STLA	F	-0.43%
PNC	B	-0.43%
NSC	B	-0.42%
TRV	B	-0.38%
APD	A	-0.37%
AIG	B	-0.34%
SRE	A	-0.33%
MET	A	-0.32%
OKE	A	-0.31%
AEP	D	-0.31%
BK	A	-0.29%
JCI	C	-0.29%
LHX	C	-0.29%
RSG	A	-0.28%
EXC	C	-0.27%
E	F	-0.26%
XEL	A	-0.25%
PEG	A	-0.23%
DFS	B	-0.22%
BCS	C	-0.22%
AVB	B	-0.19%
EIX	B	-0.19%
WEC	A	-0.18%
DTE	C	-0.17%
STT	A	-0.16%
FITB	A	-0.16%
ES	D	-0.15%
MTB	A	-0.15%
PFG	D	-0.14%
AEE	A	-0.14%
ETR	B	-0.14%
HBAN	A	-0.13%
OMC	C	-0.13%
HPE	B	-0.13%
CMS	C	-0.12%
RF	A	-0.12%
NTRS	A	-0.11%
VTRS	A	-0.11%
FNF	B	-0.1%
CCEP	C	-0.1%
CAG	D	-0.09%
NI	A	-0.08%
LNT	A	-0.08%
EVRG	A	-0.07%
FRO	F	-0.02%