NXTISimplify NEXT Intangible Core Index ETF

Grow my money2y track recordRanked #1,613 of 2,960 in this goal

Seeks to provide investment results that track the performance of the Next Intangible Core Index.

By Simplify Asset Management · Launched 2024

Annual Cost

0.25%

#1,230 of 5,562 · low cost

Fund Size

$41M

#3,754 of 5,562 · small

Return (1Y)Goal

+15.3%

Track Record

2 years

#3,532 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,583+15.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Index tracking

Factor

Quality

Index tracked

Next Intangible Core Index

What it actually holds

By weight

Concentration

Top 10 holdings = 34.6% of fund✓ well diversified

Palantir Technologies Inc

4.8%

Walmart Inc

4.8%

Cisco Systems Inc

4.4%

IBM

4.0%

AppLovin Corp

3.3%

Intuit Inc

2.7%

Mastercard Inc

2.7%

Exxon Mobil Corp

2.6%

QUALCOMM Inc

2.6%

ServiceNow Inc

2.5%

Asset allocation

Stocks

99.5%

Cash

0.5%

By sector

Technology

46.1%

Financial Services

10.8%

Industrials

9.7%

Healthcare

9.4%

Consumer Defensive

7.8%

Consumer Cyclical

5.2%

Communication

4.3%

Energy

3.4%

Other

3.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.1%Moderate

Year-on-year price swings

Max drawdown

-19.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to provide investment results that track the performance of the Next Intangible Core Index.
Strategy: Invests at least 80% of net assets in securities included in the Core Index, which measures U.S. stocks with high intangible capital-to-book assets ratios. Uses a replication strategy to track the Core Index.
Inception date: April 15, 2024
Fund family: Simplify Asset Management