SPHB vs. NXTV ETF Comparison

Comparison of PowerShares S&P 500 High Beta Portfolio (SPHB) to Simplify Next Intangible Value Index ETF (NXTV)

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$91.61

Average Daily Volume

223,915

Number of Holdings ^*

* 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

$28.45

Average Daily Volume

731

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

Performance

Period	SPHB	NXTV
30 Days	2.29%	3.77%
60 Days	4.40%	4.81%
90 Days	5.67%	8.56%
12 Months	28.40%

11 Overlapping Holdings

Symbol	Grade	Weight in SPHB	Weight in NXTV	Overlap
ALB	B	1.51%	0.42%	0.42%
ARE	F	0.75%	0.29%	0.29%
BLDR	D	1.39%	0.27%	0.27%
CCL	A	1.63%	0.37%	0.37%
INTC	C	0.99%	3.77%	0.99%
KMX	B	0.79%	0.21%	0.21%
LEN	D	0.75%	0.65%	0.65%
MGM	D	0.75%	0.08%	0.08%
UAL	A	1.57%	0.28%	0.28%
WBD	B	0.88%	0.13%	0.13%
WDC	D	1.03%	0.94%	0.94%

SPHB Overweight 86 Positions Relative to NXTV

Symbol	Grade	Weight
NVDA	B	2.08%
TSLA	B	1.93%
NCLH	B	1.63%
CRWD	B	1.6%
AVGO	D	1.56%
AMD	F	1.52%
VST	A	1.4%
GNRC	C	1.37%
ANET	C	1.36%
RCL	A	1.25%
CZR	F	1.25%
URI	C	1.25%
AMAT	F	1.22%
BX	A	1.22%
META	D	1.21%
LRCX	F	1.21%
MU	D	1.2%
TER	F	1.18%
CDNS	B	1.18%
ORCL	A	1.17%
KKR	A	1.17%
PWR	A	1.16%
DAY	B	1.16%
ON	D	1.15%
NOW	A	1.12%
SNPS	B	1.11%
MPWR	F	1.1%
CRM	B	1.1%
KLAC	F	1.09%
AMZN	C	1.09%
JBL	C	1.09%
QCOM	F	1.07%
ETN	A	1.07%
PYPL	B	1.07%
ADSK	A	1.06%
PANW	B	1.04%
ALGN	D	1.03%
BKNG	A	1.02%
ABNB	C	1.02%
PODD	C	1.02%
CEG	C	1.01%
FICO	B	1.0%
BXP	C	1.0%
PH	A	0.99%
LW	C	0.99%
NXPI	D	0.98%
ZBRA	B	0.97%
HUBB	B	0.97%
LULU	C	0.96%
UBER	F	0.95%
CARR	C	0.95%
MCHP	F	0.93%
KEYS	A	0.92%
DECK	A	0.92%
KEY	B	0.92%
INTU	B	0.92%
ISRG	A	0.89%
ROK	C	0.86%
PHM	D	0.85%
APH	A	0.85%
ADI	D	0.85%
ANSS	B	0.84%
GOOG	C	0.84%
FSLR	F	0.83%
TROW	B	0.82%
FCX	F	0.81%
SMCI	F	0.81%
EPAM	B	0.8%
ADBE	C	0.8%
IVZ	B	0.8%
CPRT	B	0.79%
GE	D	0.78%
CRL	D	0.77%
RMD	C	0.76%
MHK	D	0.76%
SWKS	F	0.76%
TXN	C	0.76%
EFX	F	0.73%
MLM	C	0.73%
DHI	F	0.71%
IDXX	F	0.69%
ENPH	F	0.69%
IQV	F	0.62%
AES	F	0.61%
APTV	F	0.58%
QRVO	F	0.56%

SPHB Underweight 184 Positions Relative to NXTV

Symbol	Grade	Weight
CMCSA	B	-5.15%
VZ	C	-4.9%
T	A	-4.84%
PFE	F	-4.65%
DELL	B	-3.21%
C	A	-1.86%
KR	B	-1.78%
HPQ	B	-1.46%
EBAY	D	-1.22%
CVS	D	-1.18%
FDX	B	-1.13%
HPE	B	-1.09%
EL	F	-1.05%
NTAP	C	-1.04%
BBY	D	-1.02%
GFS	C	-0.98%
GM	C	-0.9%
ZM	C	-0.88%
COF	C	-0.87%
VICI	C	-0.87%
MET	A	-0.86%
BIIB	F	-0.85%
FOXA	A	-0.82%
DG	F	-0.79%
TRV	B	-0.78%
ALL	A	-0.74%
DD	C	-0.73%
F	C	-0.73%
AIG	B	-0.71%
NUE	C	-0.7%
MRNA	F	-0.69%
NWS	A	-0.68%
FCNCA	A	-0.67%
HUM	C	-0.66%
PRU	A	-0.65%
SNAP	D	-0.65%
DLTR	F	-0.65%
KHC	F	-0.64%
ZBH	C	-0.63%
CTVA	C	-0.59%
SYY	D	-0.58%
CNC	D	-0.57%
BAX	F	-0.56%
SRE	A	-0.53%
JNPR	D	-0.53%
ILMN	C	-0.52%
ACI	C	-0.49%
D	C	-0.48%
CACI	D	-0.47%
TPR	B	-0.46%
PCG	A	-0.44%
CTRA	B	-0.44%
SNX	D	-0.43%
LBRDK	C	-0.43%
TWLO	A	-0.43%
ADM	D	-0.42%
IP	A	-0.41%
VTRS	A	-0.41%
PPG	F	-0.4%
EXC	C	-0.39%
GAP	C	-0.39%
RS	B	-0.38%
EQT	B	-0.38%
MRO	B	-0.37%
LEVI	F	-0.37%
FYBR	C	-0.36%
INCY	C	-0.36%
ED	C	-0.36%
CIEN	C	-0.34%
MKL	A	-0.34%
SWK	D	-0.33%
DBX	B	-0.33%
SOLV	D	-0.33%
WRB	A	-0.33%
EXPE	B	-0.33%
GPC	D	-0.33%
FLEX	B	-0.33%
TSN	B	-0.32%
LUV	C	-0.32%
AMKR	D	-0.31%
PATH	C	-0.31%
CINF	A	-0.31%
U	C	-0.3%
SYF	B	-0.3%
CFG	B	-0.29%
FTI	A	-0.29%
PFG	D	-0.29%
DDS	B	-0.28%
NSIT	F	-0.28%
TXT	D	-0.28%
ETR	B	-0.27%
L	A	-0.27%
W	D	-0.27%
HSIC	C	-0.27%
BILL	A	-0.26%
LUMN	C	-0.26%
OVV	B	-0.26%
CRBG	B	-0.26%
PEGA	B	-0.26%
FNF	B	-0.25%
EG	C	-0.25%
PPL	A	-0.24%
BIO	C	-0.24%
ROKU	D	-0.24%
SATS	D	-0.23%
ELAN	D	-0.23%
COTY	F	-0.23%
CPB	D	-0.22%
RNR	C	-0.22%
RGA	A	-0.22%
KD	B	-0.22%
AR	B	-0.21%
CPRI	F	-0.21%
DINO	D	-0.21%
AIT	B	-0.21%
CLVT	D	-0.21%
VFC	C	-0.21%
JLL	D	-0.2%
M	F	-0.2%
PAG	B	-0.2%
CNH	C	-0.2%
EQH	C	-0.2%
ALLY	C	-0.2%
JAZZ	B	-0.2%
CNA	C	-0.2%
BG	D	-0.2%
RIVN	F	-0.2%
PFGC	B	-0.2%
EXEL	B	-0.2%
IAC	F	-0.19%
JEF	A	-0.19%
SNA	A	-0.19%
AEO	F	-0.19%
USM	B	-0.19%
TOL	B	-0.19%
COKE	C	-0.19%
RPM	A	-0.19%
WCC	B	-0.19%
TAP	C	-0.18%
ARW	D	-0.18%
SWN	C	-0.18%
LKQ	F	-0.18%
BWA	D	-0.17%
JWN	D	-0.17%
FLS	B	-0.17%
AA	A	-0.17%
RHI	C	-0.17%
ADTN	A	-0.17%
SIG	B	-0.17%
ASO	F	-0.17%
BEN	C	-0.16%
XRAY	F	-0.16%
AIZ	A	-0.16%
PVH	C	-0.16%
NOV	C	-0.16%
URBN	C	-0.16%
WHR	B	-0.16%
ALIT	C	-0.16%
UNM	A	-0.16%
GL	C	-0.15%
SANM	B	-0.15%
ZI	D	-0.15%
FRSH	B	-0.15%
SLAB	F	-0.15%
NI	A	-0.15%
WFRD	D	-0.15%
DXC	B	-0.15%
LCID	F	-0.14%
LAD	A	-0.14%
ORI	A	-0.14%
EVRG	A	-0.14%
AGR	A	-0.14%
CLF	F	-0.14%
UPST	B	-0.14%
FHN	A	-0.13%
MUR	D	-0.13%
CIVI	D	-0.13%
INGR	C	-0.13%
CXT	C	-0.13%
X	B	-0.13%
ALKS	C	-0.13%
SON	F	-0.13%
DLB	B	-0.05%
BYD	B	-0.04%