QOWZ vs. NXTI ETF Comparison
Comparison of Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) to Simplify Next Intangible Core Index ETF (NXTI)
QOWZ
Invesco Nasdaq Free Cash Flow Achievers ETF
QOWZ Description
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which is designed to track the performance of U.S.-listed companies with continuous and stable growth in free cash flow. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$32.14
Average Daily Volume
2,736
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
NXTI
Simplify Next Intangible Core Index ETF
NXTI Description
NXTI targets US companies with relatively high intangible capital-to-book assets ratios within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.Grade (RS Rating)
Last Trade
$28.37
Average Daily Volume
720
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
Performance
Period | QOWZ | NXTI |
---|---|---|
30 Days | 2.75% | 3.32% |
60 Days | 6.07% | 7.75% |
90 Days | 6.01% | 8.52% |
12 Months |
QOWZ: Top Represented Industries & Keywords
Industries:
Software - Application
Semiconductors
Credit Services
Diagnostics & Research
Health Care Plans
Internet Content & Information
Keywords:
S&P 500
Nasdaq 100
Computing
IBD 50
Smartphones
Systems Integrator
Dow Jones Component
Fabless Semiconductor Companies
Mobile Devices
Payment Processing
Payment Systems
Software
Software As A Service
Software Vendors
Telecommunications
Transaction Processing
Transaction Processing Services
Work From Home
Accounting Software
Advisory Consulting Services
NXTI: Top Represented Industries & Keywords
Industries:
Software - Application
Credit Services
Discount Stores
Health Care Plans
Home Improvement Stores
Information Technology Services
Insurance - Diversified
Internet Content & Information
Oil & Gas Integrated
Keywords:
S&P 500
Dow Jones Component
Computing
Information Technology Management
Mobile Devices
Nasdaq 100
Retail Store
Software
Software Development
Systems Integrator
Work From Home
Abu Dhabi National Oil Company
Advisory Consulting Services
Alcohol
Application Developers
Application Software
Asset Management
Automotive Accessories
Bakery
Bedding