XRT vs. NXTV ETF Comparison

Comparison of SPDR S&P Retail ETF (XRT) to Simplify Next Intangible Value Index ETF (NXTV)

XRT

SPDR S&P Retail ETF

XRT Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the retail segment of a U.S. total market composite index. In seeking to track the performance of the S&P Retail Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the retail industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$78.92

Average Daily Volume

4,190,507

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 ^*

194

* may have additional holdings in another (foreign) market

Performance

Period	XRT	NXTV
30 Days	3.57%	3.77%
60 Days	3.24%	4.81%
90 Days	1.29%	8.56%
12 Months	26.07%

17 Overlapping Holdings

Symbol	Grade	Weight in XRT	Weight in NXTV	Overlap
ACI	C	1.31%	0.49%	0.49%
AEO	F	1.18%	0.17%	0.17%
ASO	F	1.04%	0.15%	0.15%
BBY	D	1.19%	0.91%	0.91%
DDS	B	1.62%	0.27%	0.27%
DG	F	1.19%	0.76%	0.76%
DLTR	F	1.25%	0.61%	0.61%
EBAY	D	1.27%	1.1%	1.1%
GAP	C	1.32%	0.37%	0.37%
JWN	D	1.31%	0.17%	0.17%
KMX	B	1.28%	0.2%	0.2%
KR	B	1.36%	1.77%	1.36%
LAD	A	1.75%	0.15%	0.15%
M	F	1.34%	0.2%	0.2%
PAG	B	1.38%	0.19%	0.19%
SIG	B	1.37%	0.16%	0.16%
URBN	C	1.4%	0.15%	0.15%

XRT Overweight 60 Positions Relative to NXTV

Symbol	Grade	Weight
CVNA	B	2.26%
VSCO	C	2.04%
WRBY	A	2.04%
SFM	A	1.82%
RVLV	A	1.72%
GME	C	1.68%
ABG	C	1.52%
BBWI	C	1.52%
SAH	C	1.49%
MNRO	D	1.46%
GPI	B	1.45%
WINA	C	1.44%
GO	C	1.43%
BKE	B	1.43%
AMZN	C	1.42%
ORLY	B	1.42%
BJ	A	1.4%
CASY	A	1.39%
EYE	C	1.38%
UPBD	B	1.38%
WMT	A	1.37%
TGT	F	1.36%
VVV	D	1.36%
SBH	C	1.35%
AZO	C	1.34%
COST	A	1.32%
ANF	F	1.32%
CHWY	B	1.31%
TJX	A	1.31%
BURL	B	1.29%
AN	C	1.29%
CWH	B	1.28%
PSMT	D	1.28%
MUSA	B	1.28%
TSCO	D	1.28%
AAP	D	1.27%
CAL	F	1.23%
WBA	F	1.23%
LESL	D	1.22%
ULTA	F	1.22%
OLLI	D	1.21%
DKS	D	1.21%
ETSY	D	1.19%
ROST	D	1.19%
FIVE	F	1.18%
KSS	F	1.16%
ODP	F	1.16%
BOOT	C	1.14%
FL	F	1.1%
GES	F	1.07%
HZO	F	1.02%
SCVL	F	0.96%
BBW	C	0.85%
IMKTA	C	0.83%
WMK	C	0.77%
ZUMZ	B	0.7%
GCO	C	0.56%
GRPN	F	0.55%
CRMT	D	0.44%
ARKO	C	0.3%

XRT Underweight 177 Positions Relative to NXTV

Symbol	Grade	Weight
CMCSA	B	-5.48%
T	A	-5.05%
VZ	C	-4.68%
PFE	F	-4.63%
INTC	C	-3.52%
DELL	B	-3.41%
C	A	-1.95%
HPQ	B	-1.47%
FDX	B	-1.15%
CVS	D	-1.08%
HPE	B	-1.06%
GM	C	-1.04%
NTAP	C	-0.98%
COF	C	-0.96%
ZM	C	-0.96%
WDC	D	-0.92%
GFS	C	-0.91%
VICI	C	-0.85%
FOXA	A	-0.83%
MET	A	-0.83%
TRV	B	-0.83%
BIIB	F	-0.78%
SNAP	D	-0.75%
AIG	B	-0.75%
EL	F	-0.74%
ALL	A	-0.74%
NWS	A	-0.72%
F	C	-0.72%
FCNCA	A	-0.71%
DD	C	-0.69%
PRU	A	-0.67%
NUE	C	-0.67%
ZBH	C	-0.64%
KHC	F	-0.62%
CTVA	C	-0.62%
LEN	D	-0.6%
ILMN	C	-0.58%
SYY	D	-0.57%
MRNA	F	-0.57%
TWLO	A	-0.55%
HUM	C	-0.55%
JNPR	D	-0.54%
CACI	D	-0.53%
BAX	F	-0.53%
SRE	A	-0.53%
D	C	-0.5%
TPR	B	-0.48%
CNC	D	-0.48%
IP	A	-0.47%
PCG	A	-0.46%
LBRDK	C	-0.46%
CCL	A	-0.45%
CTRA	B	-0.45%
ALB	B	-0.43%
SNX	D	-0.42%
VTRS	A	-0.42%
INCY	C	-0.41%
ADM	D	-0.4%
PPG	F	-0.39%
EQT	B	-0.39%
UAL	A	-0.39%
MRO	B	-0.39%
RS	B	-0.38%
EXC	C	-0.38%
FYBR	C	-0.37%
CIEN	C	-0.36%
EXPE	B	-0.36%
ED	C	-0.36%
SOLV	D	-0.35%
FLEX	B	-0.35%
WRB	A	-0.34%
DBX	B	-0.34%
LUV	C	-0.34%
MKL	A	-0.34%
SYF	B	-0.34%
CINF	A	-0.33%
ETR	B	-0.32%
TSN	B	-0.32%
PATH	C	-0.31%
LEVI	F	-0.3%
CFG	B	-0.3%
FTI	A	-0.3%
PFG	D	-0.29%
CRBG	B	-0.29%
BILL	A	-0.29%
PEGA	B	-0.29%
GPC	D	-0.28%
ARE	F	-0.28%
SWK	D	-0.28%
EXEL	B	-0.27%
OVV	B	-0.27%
HSIC	C	-0.27%
L	A	-0.27%
U	C	-0.27%
AMKR	D	-0.26%
TXT	D	-0.26%
BIO	C	-0.26%
EG	C	-0.24%
BLDR	D	-0.24%
PPL	A	-0.24%
FNF	B	-0.24%
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%
SNA	A	-0.22%
EQH	C	-0.22%
AIT	B	-0.22%
KD	B	-0.22%
CNH	C	-0.21%
RPM	A	-0.21%
CPB	D	-0.21%
W	D	-0.21%
ROKU	D	-0.21%
RNR	C	-0.21%
JEF	A	-0.2%
JLL	D	-0.2%
ELAN	D	-0.2%
CLVT	D	-0.2%
CNA	C	-0.2%
ALLY	C	-0.2%
JAZZ	B	-0.2%
COTY	F	-0.19%
RIVN	F	-0.19%
AR	B	-0.19%
RHI	C	-0.18%
UPST	B	-0.18%
BG	D	-0.18%
UNM	A	-0.18%
AA	A	-0.18%
TOL	B	-0.18%
DINO	D	-0.18%
COKE	C	-0.17%
ARW	D	-0.17%
IAC	F	-0.17%
TAP	C	-0.17%
ADTN	A	-0.17%
LKQ	F	-0.17%
FLS	B	-0.17%
AIZ	A	-0.16%
ALIT	C	-0.16%
BWA	D	-0.16%
NI	A	-0.16%
NOV	C	-0.16%
PVH	C	-0.16%
WHR	B	-0.16%
ZI	D	-0.16%
BEN	C	-0.16%
WFRD	D	-0.15%
X	B	-0.15%
CLF	F	-0.15%
GL	C	-0.15%
DXC	B	-0.15%
FRSH	B	-0.15%
SANM	B	-0.15%
XRAY	F	-0.14%
SLAB	F	-0.14%
EVRG	A	-0.14%
ORI	A	-0.14%
AGR	A	-0.14%
FHN	A	-0.14%
CIVI	D	-0.13%
INGR	C	-0.13%
CXT	C	-0.13%
WBD	B	-0.13%
SON	F	-0.13%
MUR	D	-0.12%
ALKS	C	-0.12%
CPRI	F	-0.1%
LCID	F	-0.09%
MGM	D	-0.08%
BYD	B	-0.05%
DLB	B	-0.05%