QUS vs. NXTV ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Simplify Next Intangible Value Index ETF (NXTV)

QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$161.92

Average Daily Volume

15,365

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

NXTV

Simplify Next Intangible Value Index ETF

NXTV Description

NXTV targets US companies with low equity valuations relative to their intangible-adjusted book values 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 an intangible-adjusted book value for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the lowest equity valuations relative to their intangible adjusted book values 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. Holdings are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$28.86

Average Daily Volume

732

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

Performance

Period	QUS	NXTV
30 Days	2.25%	5.48%
60 Days	3.15%	5.83%
90 Days	4.45%	10.13%
12 Months	29.35%

107 Overlapping Holdings

Symbol	Grade	Weight in QUS	Weight in NXTV	Overlap
ACI	C	0.03%	0.49%	0.03%
ADM	D	0.08%	0.4%	0.08%
AIG	B	0.12%	0.75%	0.12%
AIZ	A	0.12%	0.16%	0.12%
ALB	C	0.02%	0.43%	0.02%
ALL	A	0.06%	0.74%	0.06%
ALLY	C	0.03%	0.2%	0.03%
ARE	D	0.02%	0.28%	0.02%
BAX	D	0.02%	0.53%	0.02%
BBY	D	0.09%	0.91%	0.09%
BEN	C	0.01%	0.16%	0.01%
BG	F	0.05%	0.18%	0.05%
BIIB	F	0.02%	0.78%	0.02%
BIO	D	0.01%	0.26%	0.01%
BLDR	D	0.08%	0.24%	0.08%
C	A	0.45%	1.95%	0.45%
CCL	B	0.01%	0.45%	0.01%
CFG	B	0.07%	0.3%	0.07%
CINF	A	0.03%	0.33%	0.03%
CMCSA	B	0.42%	5.48%	0.42%
CNC	D	0.08%	0.48%	0.08%
CNH	C	0.03%	0.21%	0.03%
COF	B	0.17%	0.96%	0.17%
CPB	D	0.12%	0.21%	0.12%
CRBG	B	0.02%	0.29%	0.02%
CTRA	B	0.03%	0.45%	0.03%
CTVA	C	0.16%	0.62%	0.16%
CVS	D	0.29%	1.08%	0.29%
D	C	0.14%	0.5%	0.14%
DD	D	0.04%	0.69%	0.04%
DELL	C	0.06%	3.41%	0.06%
DG	F	0.02%	0.76%	0.02%
DINO	D	0.02%	0.18%	0.02%
DLTR	F	0.02%	0.61%	0.02%
EBAY	D	0.02%	1.1%	0.02%
ED	D	0.42%	0.36%	0.36%
EG	C	0.18%	0.24%	0.18%
EL	F	0.01%	0.74%	0.01%
EQH	B	0.02%	0.22%	0.02%
EQT	B	0.03%	0.39%	0.03%
ETR	B	0.05%	0.32%	0.05%
EVRG	A	0.02%	0.14%	0.02%
EXC	C	0.06%	0.38%	0.06%
EXPE	B	0.02%	0.36%	0.02%
F	C	0.16%	0.72%	0.16%
FCNCA	A	0.34%	0.71%	0.34%
FDX	B	0.12%	1.15%	0.12%
FNF	B	0.02%	0.24%	0.02%
FOXA	B	0.02%	0.83%	0.02%
GM	B	0.32%	1.04%	0.32%
GPC	D	0.02%	0.28%	0.02%
HPE	B	0.06%	1.06%	0.06%
HPQ	B	0.07%	1.47%	0.07%
HSIC	B	0.01%	0.27%	0.01%
HUM	C	0.2%	0.55%	0.2%
ILMN	D	0.01%	0.58%	0.01%
INCY	C	0.2%	0.41%	0.2%
INTC	D	0.18%	3.52%	0.18%
IP	B	0.04%	0.47%	0.04%
JNPR	F	0.17%	0.54%	0.17%
KHC	F	0.18%	0.62%	0.18%
KMX	B	0.03%	0.2%	0.03%
KR	B	0.31%	1.77%	0.31%
L	A	0.12%	0.27%	0.12%
LEN	D	0.06%	0.6%	0.06%
LKQ	D	0.02%	0.17%	0.02%
LUV	C	0.01%	0.34%	0.01%
MET	A	0.09%	0.83%	0.09%
MGM	D	0.01%	0.08%	0.01%
MKL	A	0.15%	0.34%	0.15%
MRNA	F	0.01%	0.57%	0.01%
MRO	B	0.04%	0.39%	0.04%
NI	A	0.02%	0.16%	0.02%
NTAP	C	0.16%	0.98%	0.16%
NUE	C	0.07%	0.67%	0.07%
OVV	B	0.03%	0.27%	0.03%
PCG	A	0.06%	0.46%	0.06%
PFE	D	0.33%	4.63%	0.33%
PFG	D	0.03%	0.29%	0.03%
PPG	F	0.02%	0.39%	0.02%
PPL	B	0.03%	0.24%	0.03%
PRU	A	0.08%	0.67%	0.08%
RIVN	F	0.01%	0.19%	0.01%
ROKU	D	0.0%	0.21%	0.0%
RPM	A	0.01%	0.21%	0.01%
RS	B	0.03%	0.38%	0.03%
SNA	A	0.06%	0.22%	0.06%
SNAP	C	0.0%	0.75%	0.0%
SOLV	C	0.06%	0.35%	0.06%
SRE	A	0.06%	0.53%	0.06%
SWK	D	0.02%	0.28%	0.02%
SYF	B	0.06%	0.34%	0.06%
SYY	B	0.05%	0.57%	0.05%
T	A	0.69%	5.05%	0.69%
TAP	C	0.02%	0.17%	0.02%
TRV	B	0.47%	0.83%	0.47%
TSN	B	0.3%	0.32%	0.3%
TWLO	A	0.01%	0.55%	0.01%
TXT	D	0.02%	0.26%	0.02%
VICI	C	0.04%	0.85%	0.04%
VTRS	A	0.05%	0.42%	0.05%
VZ	C	0.81%	4.68%	0.81%
WBD	C	0.11%	0.13%	0.11%
WDC	D	0.02%	0.92%	0.02%
WRB	A	0.12%	0.34%	0.12%
ZBH	C	0.02%	0.64%	0.02%
ZM	B	0.01%	0.96%	0.01%

QUS Overweight 476 Positions Relative to NXTV

Symbol	Grade	Weight
AAPL	C	3.24%
NVDA	C	2.76%
MSFT	F	2.7%
META	D	2.32%
UNH	C	2.21%
LLY	F	1.92%
V	A	1.91%
MA	C	1.69%
JNJ	D	1.64%
CSCO	B	1.34%
COST	B	1.31%
GOOGL	C	1.2%
ACN	C	1.18%
GOOG	C	1.12%
BRK.A	B	1.1%
TXN	C	1.06%
JPM	A	1.06%
PEP	F	1.01%
WMT	A	0.94%
KO	D	0.81%
XOM	B	0.81%
TMUS	B	0.78%
LMT	D	0.72%
APH	A	0.71%
ADBE	C	0.71%
MMC	B	0.69%
AMZN	C	0.69%
BAC	A	0.69%
IBM	C	0.67%
PGR	A	0.65%
CB	C	0.65%
CAT	B	0.63%
MSI	B	0.63%
MCK	B	0.61%
DUK	C	0.6%
PG	A	0.59%
AVGO	D	0.58%
VRTX	F	0.57%
TJX	A	0.56%
QCOM	F	0.55%
CVX	A	0.55%
NOC	D	0.55%
ADP	B	0.54%
RSG	A	0.54%
SO	D	0.54%
HON	B	0.53%
WCN	A	0.53%
ORCL	B	0.53%
WM	A	0.52%
WFC	A	0.5%
MCD	D	0.5%
ABBV	D	0.49%
AMAT	F	0.48%
AJG	B	0.46%
MRK	F	0.46%
ROP	B	0.46%
BLK	C	0.46%
GILD	C	0.43%
ANET	C	0.39%
CTSH	B	0.39%
ACGL	D	0.38%
AZO	C	0.36%
HD	A	0.35%
COR	B	0.35%
GDDY	A	0.34%
BMY	B	0.34%
PANW	C	0.32%
MPC	D	0.32%
FI	A	0.31%
EA	A	0.31%
GS	A	0.3%
LRCX	F	0.3%
CDNS	B	0.29%
WEC	A	0.29%
K	A	0.29%
CBOE	B	0.29%
ELV	F	0.29%
KLAC	D	0.29%
SNPS	B	0.28%
TSLA	B	0.28%
MMM	D	0.28%
NKE	D	0.28%
NOW	A	0.27%
AMGN	D	0.27%
ITW	B	0.27%
SHW	A	0.26%
ORLY	B	0.26%
KEYS	A	0.26%
TT	A	0.26%
ZTS	D	0.25%
REGN	F	0.25%
GIS	D	0.25%
CI	F	0.24%
BDX	F	0.24%
CME	A	0.23%
FFIV	B	0.23%
KDP	D	0.23%
CTAS	B	0.23%
AFL	B	0.22%
MDLZ	F	0.22%
CMG	B	0.22%
FANG	D	0.22%
VRSN	F	0.22%
MS	A	0.21%
MCO	B	0.21%
AON	A	0.21%
TDY	B	0.21%
GWW	B	0.2%
BAH	F	0.2%
FICO	B	0.2%
GRMN	B	0.2%
XEL	A	0.2%
YUM	B	0.19%
DHI	D	0.19%
AEP	D	0.19%
CDW	F	0.19%
PTC	A	0.18%
HSY	F	0.18%
UBER	D	0.18%
RTX	C	0.18%
NEM	D	0.18%
CL	D	0.17%
PNC	B	0.17%
ERIE	D	0.17%
COP	C	0.17%
ROL	B	0.17%
CMI	A	0.17%
DIS	B	0.17%
ABT	B	0.16%
TFC	A	0.16%
ADSK	A	0.16%
WTW	B	0.16%
USB	A	0.16%
PAYX	C	0.16%
VLO	C	0.15%
WMB	A	0.15%
MDT	D	0.15%
VRSK	A	0.15%
AFG	A	0.15%
WDAY	B	0.15%
FAST	B	0.15%
EOG	A	0.15%
LIN	D	0.15%
NFLX	A	0.14%
ADI	D	0.14%
GLW	B	0.14%
CPRT	A	0.14%
ICE	C	0.14%
PSA	D	0.14%
CHD	B	0.14%
AKAM	D	0.14%
PSX	C	0.14%
LOW	D	0.13%
MOH	F	0.13%
IT	C	0.13%
GEN	B	0.13%
ODFL	B	0.13%
MNST	C	0.12%
CRM	B	0.12%
CAH	B	0.12%
LULU	C	0.12%
IDXX	F	0.12%
EW	C	0.12%
AXP	A	0.11%
NVR	D	0.11%
PHM	D	0.11%
A	D	0.11%
GE	D	0.11%
NBIX	C	0.11%
AEE	A	0.11%
PM	B	0.11%
UPS	C	0.11%
DTE	C	0.1%
NEE	D	0.1%
MCHP	D	0.1%
KMB	D	0.1%
OXY	D	0.1%
UTHR	C	0.1%
TGT	F	0.1%
ROK	B	0.1%
TMO	F	0.1%
DE	A	0.1%
DHR	F	0.09%
PKG	A	0.09%
TPL	A	0.09%
CMS	C	0.09%
DECK	A	0.09%
TSCO	D	0.09%
CHTR	C	0.09%
HIG	B	0.09%
BK	A	0.09%
TROW	B	0.09%
RMD	C	0.09%
EME	C	0.08%
HRL	D	0.08%
PYPL	B	0.08%
PLD	D	0.08%
ULTA	F	0.08%
BMRN	D	0.08%
UNP	C	0.08%
VLTO	D	0.08%
MTB	A	0.08%
HUBS	A	0.08%
VEEV	C	0.08%
MO	A	0.07%
STX	D	0.07%
HUBB	B	0.07%
MANH	D	0.07%
SPGI	C	0.07%
DPZ	C	0.07%
WAT	B	0.07%
KMI	A	0.07%
MU	D	0.07%
OMC	C	0.07%
TW	A	0.07%
GD	F	0.07%
SCHW	B	0.07%
MELI	D	0.07%
HOLX	D	0.07%
DFS	B	0.07%
ALNY	D	0.07%
MPWR	F	0.07%
LPLA	A	0.07%
PCAR	B	0.06%
WSO	A	0.06%
HBAN	A	0.06%
WSM	B	0.06%
STT	A	0.06%
DGX	A	0.06%
RF	A	0.06%
DOW	F	0.06%
HCA	F	0.06%
FITB	A	0.06%
SBUX	A	0.06%
AMD	F	0.06%
WBA	F	0.06%
EXPD	D	0.06%
CRWD	B	0.06%
WST	C	0.06%
GEV	B	0.05%
APD	A	0.05%
APA	D	0.05%
BX	A	0.05%
SWKS	F	0.05%
GGG	B	0.05%
IEX	B	0.05%
CBRE	B	0.05%
LNT	A	0.05%
ETN	A	0.05%
JBHT	C	0.05%
FDS	B	0.05%
NSC	B	0.05%
JCI	C	0.05%
EMR	A	0.05%
SLB	C	0.05%
CSX	B	0.05%
SYK	C	0.05%
OKE	A	0.05%
LNG	B	0.05%
ISRG	A	0.04%
WELL	A	0.04%
CARR	D	0.04%
AMT	D	0.04%
DLR	B	0.04%
JKHY	D	0.04%
INTU	C	0.04%
ALLE	D	0.04%
KNX	B	0.04%
BKNG	A	0.04%
PEG	A	0.04%
PH	A	0.04%
OTIS	C	0.04%
GPN	B	0.04%
AMP	A	0.04%
URI	B	0.04%
ATO	A	0.04%
STLD	B	0.04%
BSX	B	0.04%
O	D	0.04%
KVUE	A	0.04%
FCX	D	0.04%
BKR	B	0.04%
EPAM	C	0.04%
KKR	A	0.04%
LHX	C	0.04%
KEY	B	0.04%
DVN	F	0.04%
EIX	B	0.04%
POOL	C	0.04%
TER	D	0.04%
LYB	F	0.04%
CCI	D	0.03%
ES	D	0.03%
SMCI	F	0.03%
TTC	D	0.03%
HAL	C	0.03%
SW	A	0.03%
NXPI	D	0.03%
NRG	B	0.03%
AOS	F	0.03%
PARA	C	0.03%
TRGP	B	0.03%
BR	A	0.03%
GEHC	F	0.03%
FSLR	F	0.03%
APO	B	0.03%
WY	D	0.03%
SQ	B	0.03%
ROST	C	0.03%
JBL	B	0.03%
MKTX	D	0.03%
CF	B	0.03%
SEIC	B	0.03%
CEG	D	0.03%
SPG	B	0.03%
LW	C	0.03%
LH	C	0.03%
MOS	F	0.03%
NTRS	A	0.03%
FIS	C	0.03%
RJF	A	0.03%
PAYC	B	0.03%
DRI	B	0.02%
APP	B	0.02%
SSNC	B	0.02%
CPAY	A	0.02%
CCK	C	0.02%
BALL	D	0.02%
SJM	D	0.02%
ABNB	C	0.02%
STZ	D	0.02%
LDOS	C	0.02%
VMC	B	0.02%
AWK	D	0.02%
AMCR	D	0.02%
EMN	D	0.02%
NDAQ	A	0.02%
DOV	A	0.02%
MLM	B	0.02%
VTR	C	0.02%
IR	B	0.02%
FTV	C	0.02%
UHS	D	0.02%
IFF	D	0.02%
J	F	0.02%
KIM	A	0.02%
MAR	B	0.02%
EQR	B	0.02%
APTV	D	0.02%
MRVL	B	0.02%
CAG	D	0.02%
AVB	B	0.02%
OC	A	0.02%
IQV	D	0.02%
CNP	B	0.02%
VST	B	0.02%
WAB	B	0.02%
CHRW	C	0.02%
HES	B	0.02%
PWR	A	0.02%
ON	D	0.02%
BA	F	0.02%
EQIX	A	0.02%
EXR	D	0.02%
AME	A	0.02%
FE	C	0.02%
ENPH	F	0.02%
ECL	D	0.02%
TTD	B	0.01%
HOOD	B	0.01%
ENTG	D	0.01%
MTCH	D	0.01%
TYL	B	0.01%
MTD	D	0.01%
BBWI	D	0.01%
NDSN	B	0.01%
Z	A	0.01%
LII	A	0.01%
ALGN	D	0.01%
QRVO	F	0.01%
LVS	C	0.01%
LYV	A	0.01%
TFX	F	0.01%
VRT	B	0.01%
SBAC	D	0.01%
PLTR	B	0.01%
ARES	A	0.01%
UDR	B	0.01%
UHAL	D	0.01%
CSGP	D	0.01%
AMH	D	0.01%
WLK	D	0.01%
CRL	C	0.01%
CTLT	B	0.01%
RPRX	D	0.01%
ANSS	B	0.01%
TDG	D	0.01%
MSCI	C	0.01%
DASH	A	0.01%
CPT	B	0.01%
DVA	B	0.01%
GLPI	C	0.01%
AVY	D	0.01%
HII	D	0.01%
WTRG	B	0.01%
FBIN	D	0.01%
HST	C	0.01%
TRU	D	0.01%
CSL	C	0.01%
AVTR	F	0.01%
FOX	A	0.01%
ESS	B	0.01%
IRM	D	0.01%
MAS	D	0.01%
PNR	A	0.01%
REG	B	0.01%
NWSA	B	0.01%
HLT	A	0.01%
RCL	A	0.01%
SUI	D	0.01%
CE	F	0.01%
CLX	B	0.01%
WPC	D	0.01%
MKC	D	0.01%
FTNT	C	0.01%
STE	F	0.01%
ZBRA	B	0.01%
AES	F	0.01%
INVH	D	0.01%
TRMB	B	0.01%
BURL	A	0.01%
MAA	B	0.01%
TTWO	A	0.01%
ACM	A	0.01%
DOC	D	0.01%
COIN	C	0.01%
DAL	C	0.01%
XYL	D	0.01%
EFX	F	0.01%
HWM	A	0.01%
CHRD	D	0.01%
DKS	C	0.01%
BRO	B	0.01%
IPG	D	0.01%
CG	A	0.01%
BXP	D	0.01%
RVTY	F	0.01%
CELH	F	0.0%
IOT	A	0.0%
ZS	C	0.0%
TEAM	A	0.0%
NET	B	0.0%
RBLX	C	0.0%
MDB	C	0.0%
TOST	B	0.0%
DKNG	B	0.0%
BSY	D	0.0%
PSTG	D	0.0%
DDOG	A	0.0%
H	B	0.0%
DT	C	0.0%
WYNN	D	0.0%
PODD	C	0.0%
DOCU	A	0.0%
EXAS	D	0.0%
HEI	B	0.0%
DAY	B	0.0%
SNOW	C	0.0%
PINS	D	0.0%
DXCM	D	0.0%
MSTR	C	0.0%
ELS	C	0.0%
HEI	B	0.0%
TECH	D	0.0%
OKTA	C	0.0%
AXON	A	0.0%

QUS Underweight 87 Positions Relative to NXTV

Symbol	Grade	Weight
GFS	C	-0.91%
NWS	B	-0.72%
CACI	D	-0.53%
TPR	B	-0.48%
LBRDK	C	-0.46%
SNX	C	-0.42%
UAL	A	-0.39%
FYBR	D	-0.37%
GAP	C	-0.37%
CIEN	B	-0.36%
FLEX	A	-0.35%
DBX	B	-0.34%
PATH	C	-0.31%
LEVI	F	-0.3%
FTI	A	-0.3%
BILL	A	-0.29%
PEGA	A	-0.29%
EXEL	B	-0.27%
U	C	-0.27%
DDS	B	-0.27%
AMKR	D	-0.26%
WCC	B	-0.23%
VFC	C	-0.23%
NSIT	F	-0.23%
LUMN	C	-0.23%
SATS	D	-0.23%
PFGC	B	-0.22%
RGA	A	-0.22%
USM	B	-0.22%
AIT	A	-0.22%
KD	B	-0.22%
W	F	-0.21%
RNR	C	-0.21%
M	D	-0.2%
JEF	A	-0.2%
JLL	D	-0.2%
ELAN	D	-0.2%
CLVT	F	-0.2%
CNA	B	-0.2%
JAZZ	B	-0.2%
COTY	F	-0.19%
PAG	B	-0.19%
AR	B	-0.19%
RHI	B	-0.18%
UPST	B	-0.18%
UNM	A	-0.18%
AA	B	-0.18%
TOL	B	-0.18%
COKE	C	-0.17%
ARW	D	-0.17%
AEO	F	-0.17%
IAC	D	-0.17%
JWN	C	-0.17%
ADTN	A	-0.17%
FLS	B	-0.17%
SIG	B	-0.16%
ALIT	C	-0.16%
BWA	D	-0.16%
NOV	C	-0.16%
PVH	C	-0.16%
WHR	B	-0.16%
ZI	D	-0.16%
WFRD	D	-0.15%
X	C	-0.15%
CLF	F	-0.15%
LAD	A	-0.15%
GL	B	-0.15%
DXC	B	-0.15%
URBN	C	-0.15%
ASO	F	-0.15%
FRSH	C	-0.15%
SANM	B	-0.15%
XRAY	F	-0.14%
SLAB	D	-0.14%
ORI	A	-0.14%
AGR	B	-0.14%
FHN	A	-0.14%
CIVI	D	-0.13%
INGR	B	-0.13%
CXT	B	-0.13%
SON	D	-0.13%
MUR	D	-0.12%
ALKS	B	-0.12%
CPRI	F	-0.1%
LCID	F	-0.09%
BYD	C	-0.05%
DLB	B	-0.05%