SPLV vs. NXTI ETF Comparison

Comparison of PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV) to Simplify Next Intangible Core Index ETF (NXTI)

SPLV

PowerShares S&P 500 Low Volatility Portfolio ETF

SPLV Description

The PowerShares S&P 500 Low Volatility Portfolio (Fund) is based on the S&P 500 Low Volatility 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 lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$73.96

Average Daily Volume

1,577,046

Number of Holdings ^*

114

* 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

$30.42

Average Daily Volume

460

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	SPLV	NXTI
30 Days	2.35%	5.73%
60 Days	3.72%	7.47%
90 Days	6.25%	10.93%
12 Months	23.06%

33 Overlapping Holdings

Symbol	Grade	Weight in SPLV	Weight in NXTI	Overlap
AFL	B	0.0%	0.24%	0.0%
AIG	B	0.0%	0.2%	0.0%
AJG	B	0.94%	0.25%	0.25%
AMP	A	0.94%	0.22%	0.22%
AVY	D	0.92%	0.12%	0.12%
BRK.A	B	1.31%	4.18%	1.31%
BRO	B	0.92%	0.12%	0.12%
CL	D	1.23%	0.55%	0.55%
CSCO	B	0.0%	2.73%	0.0%
CTAS	B	0.94%	0.55%	0.55%
EA	A	1.03%	0.5%	0.5%
ECL	D	0.91%	0.35%	0.35%
ED	D	1.0%	0.32%	0.32%
GIS	D	0.88%	0.16%	0.16%
HIG	B	0.91%	0.13%	0.13%
HON	B	1.11%	0.91%	0.91%
ITW	B	1.09%	0.49%	0.49%
KMB	D	0.99%	0.31%	0.31%
KO	D	1.37%	1.23%	1.23%
MA	C	1.13%	3.02%	1.13%
MMC	B	1.17%	0.43%	0.43%
MSI	B	1.08%	0.91%	0.91%
NI	A	1.09%	0.14%	0.14%
ORLY	B	0.91%	0.49%	0.49%
OTIS	C	0.94%	0.16%	0.16%
PAYX	C	0.87%	0.32%	0.32%
PEP	F	1.04%	1.02%	1.02%
PM	B	0.96%	0.9%	0.9%
PPG	F	0.93%	0.12%	0.12%
PRU	A	0.0%	0.18%	0.0%
SYY	B	0.9%	0.16%	0.16%
WMB	A	0.98%	0.59%	0.59%
WMT	A	0.92%	5.09%	0.92%

SPLV Overweight 81 Positions Relative to NXTI

Symbol	Grade	Weight
PG	A	1.22%
RSG	A	1.22%
ATO	A	1.21%
TMUS	B	1.17%
L	A	1.15%
ADP	B	1.11%
JNJ	D	1.11%
V	A	1.1%
PPL	B	1.09%
FI	A	1.08%
LIN	D	1.08%
CHD	B	1.07%
KMI	A	1.07%
YUM	B	1.07%
BSX	B	1.07%
DUK	C	1.07%
ICE	C	1.06%
FE	C	1.05%
LNT	A	1.05%
CME	A	1.04%
LMT	D	1.04%
CMS	C	1.03%
GD	F	1.03%
TJX	A	1.03%
PEG	A	1.03%
CB	C	1.02%
SRE	A	1.02%
EVRG	A	1.02%
SPGI	C	1.01%
MDLZ	F	1.0%
WTW	B	1.0%
SO	D	1.0%
OKE	A	0.99%
COR	B	0.99%
RTX	C	0.99%
BK	A	0.99%
ABT	B	0.98%
BR	A	0.98%
ROP	B	0.98%
KDP	D	0.97%
MCD	D	0.97%
WM	A	0.97%
SYK	C	0.97%
WEC	A	0.97%
EIX	B	0.96%
HOLX	D	0.96%
STZ	D	0.95%
MO	A	0.94%
WELL	A	0.94%
HLT	A	0.94%
O	D	0.93%
NDAQ	A	0.93%
CVX	A	0.93%
VRSN	F	0.93%
AVB	B	0.92%
REG	B	0.92%
NOC	D	0.92%
VICI	C	0.92%
MDT	D	0.92%
PCG	A	0.92%
AEP	D	0.91%
UNP	C	0.91%
LYB	F	0.9%
PNW	B	0.9%
LHX	C	0.9%
DTE	C	0.9%
PKG	A	0.89%
FRT	B	0.89%
JKHY	D	0.89%
CSX	B	0.85%
LDOS	C	0.73%
COST	B	0.02%
MCK	B	0.02%
JPM	A	0.01%
ETR	B	0.0%
MET	A	0.0%
CBOE	B	0.0%
AME	A	0.0%
DRI	B	0.0%
DGX	A	0.0%
ABBV	D	0.0%

SPLV Underweight 164 Positions Relative to NXTI

Symbol	Grade	Weight
META	D	-5.28%
XOM	B	-3.43%
ADBE	C	-2.94%
NOW	A	-2.29%
IBM	C	-2.28%
UNH	C	-2.16%
INTU	C	-2.08%
HD	A	-1.6%
PANW	C	-1.5%
ALNY	D	-1.07%
IDXX	F	-1.04%
UBER	D	-1.04%
DELL	C	-1.03%
PLTR	B	-0.99%
SNPS	B	-0.95%
SPOT	B	-0.93%
BKNG	A	-0.88%
CDNS	B	-0.87%
NKE	D	-0.82%
WDAY	B	-0.81%
UPS	C	-0.79%
FTNT	C	-0.77%
AXP	A	-0.77%
BX	A	-0.77%
AMAT	F	-0.74%
ADSK	A	-0.72%
TGT	F	-0.67%
GEV	B	-0.66%
TEAM	A	-0.61%
LOW	D	-0.59%
ABNB	C	-0.58%
FICO	B	-0.57%
PGR	A	-0.56%
APP	B	-0.54%
DDOG	A	-0.54%
LRCX	F	-0.53%
TT	A	-0.52%
ALGN	D	-0.47%
CTSH	B	-0.47%
MMM	D	-0.47%
INCY	C	-0.46%
D	C	-0.46%
HPQ	B	-0.45%
NTRA	B	-0.45%
FDX	B	-0.44%
SRPT	D	-0.43%
DASH	A	-0.42%
NBIX	C	-0.4%
INSM	C	-0.39%
PH	A	-0.39%
NET	B	-0.38%
KR	B	-0.37%
SHW	A	-0.36%
CI	F	-0.36%
ELV	F	-0.36%
TRGP	B	-0.34%
HUBS	A	-0.34%
MPC	D	-0.33%
EBAY	D	-0.33%
ZS	C	-0.33%
PEN	B	-0.32%
VST	B	-0.32%
GDDY	A	-0.31%
GWW	B	-0.31%
CMI	A	-0.3%
HSIC	B	-0.3%
CDW	F	-0.3%
ITCI	C	-0.29%
CVS	D	-0.29%
NTAP	C	-0.29%
PINS	D	-0.29%
EXEL	B	-0.29%
IOT	A	-0.28%
A	D	-0.26%
STX	D	-0.26%
BKR	B	-0.25%
IT	C	-0.24%
RDDT	B	-0.24%
MDB	C	-0.24%
SNAP	C	-0.23%
VLTO	D	-0.23%
VMC	B	-0.23%
ZBRA	B	-0.23%
NWS	B	-0.22%
MNST	C	-0.22%
TRV	B	-0.22%
IONS	F	-0.22%
NTNX	A	-0.21%
MDGL	B	-0.2%
CYTK	F	-0.2%
BPMC	C	-0.2%
MANH	D	-0.19%
CVNA	B	-0.19%
DT	C	-0.19%
INSP	D	-0.19%
ALL	A	-0.19%
PSTG	D	-0.19%
SMMT	D	-0.19%
TOST	B	-0.19%
BBIO	F	-0.18%
FAST	B	-0.18%
EL	F	-0.18%
DOCU	A	-0.18%
DD	D	-0.18%
MTD	D	-0.18%
BBY	D	-0.18%
FFIV	B	-0.17%
NRG	B	-0.17%
KEYS	A	-0.17%
CACI	D	-0.16%
ULTA	F	-0.16%
GWRE	A	-0.16%
JNPR	F	-0.16%
HUM	C	-0.15%
RARE	D	-0.15%
CORT	B	-0.15%
ILMN	D	-0.15%
HSY	F	-0.15%
ROL	B	-0.15%
BAH	F	-0.15%
CBRE	B	-0.15%
LYV	A	-0.15%
DECK	A	-0.14%
ALKS	B	-0.14%
WAT	B	-0.14%
DUOL	A	-0.14%
WSM	B	-0.14%
EXPE	B	-0.14%
BURL	A	-0.14%
AXSM	B	-0.14%
XYL	D	-0.14%
ACGL	D	-0.14%
CNC	D	-0.13%
CLX	B	-0.13%
DOV	A	-0.12%
EXPD	D	-0.12%
K	A	-0.12%
FOLD	F	-0.12%
TER	D	-0.12%
APLS	D	-0.12%
MTCH	D	-0.12%
TW	A	-0.11%
GTLB	B	-0.11%
TGTX	B	-0.11%
IOVA	F	-0.11%
RL	B	-0.11%
TSCO	D	-0.11%
NYT	C	-0.11%
LII	A	-0.11%
PCOR	B	-0.11%
DKNG	B	-0.1%
APPF	B	-0.1%
AMED	F	-0.1%
ACI	C	-0.1%
TXT	D	-0.1%
GPC	D	-0.1%
DNLI	D	-0.1%
APTV	D	-0.1%
CHWY	B	-0.09%
DYN	F	-0.09%
RS	B	-0.09%
WING	D	-0.08%
DLB	B	-0.04%
LNW	D	-0.04%