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NXTI

Simplify NEXT Intangible Core Index ETF

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as of 03/21/2025

NAV

$ 28.04

NAV Change

+ $ 0.07 /0.25%

Price

$ 28.02

Price Change

+ $ 0.04 /0.14%
The Simplify NEXT Intangible Core Index ETF (NXTI) seeks to provide investment results that track, before fees and expenses, the performance of the NEXT Intangible Core Index.

The index will select companies with high intangible capital-to-book asset ratios within their respective sector.

The research behind the development of the index supports the idea that companies with high intangible capital-to-book asset ratios outperform companies with low intangible capital-to-book asset ratios over time.
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Documents

NXTI Fund Deep Dive

NXTI Fund Deep Dive Live

Fund Overview

As of 03/21/2025

Ticker Symbol
NXTI
Gross Expense Ratio
0.25%
CUSIP
82889N475
Total Assets
$1,401,818.13
Shares Outstanding
50,001
Distribution Rate as of 12/31/2024 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
13.37%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 02/28/2025 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
-
30-Day SEC Yield (Unsubsidized) as of 02/28/2025
0.88%
Options Available
No
Inception Date
04/15/2024
Premium/Discount (%) as of 03/21/2025
-0.05%
NAV Per Share as of 03/21/2025
$28.04
Market Price as of 03/21/2025
$28.02
30-Day Median Bid-Ask Spread
0.22%
Bid/Ask
$28.00/$28.05
Midpoint Price
$28.03
Volume
1
NAV Symbol
NXTI.NV
IOPV Symbol
NXTI.IV
Shares Out. Symbol
NXTI.SO
Schedule K-1
No
The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. The distribution rate may contain return of capital but an estimate cannot be provided at this time. Please refer to the 19a-1 notices for additional details regarding the distributions’ composition once they become available.

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees0.25%
Distribution and Service (12b-1) Fees0.00%
Other Expenses10.00%
Total Annual Fund Operating Expenses0.25%

1. Other Expenses are estimated for the Fund’s initial fiscal year.
 

Fund Performance (Total Return)

As of 02/28/2025 12/31/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -1.20% -1.13% 9.48% 4.51% — 21.60%
Market Price -1.23% -1.22% 9.44% 4.51% — 21.45%
Annualized 1 Year 3 Year Since Inception
NAV — — —
Market Price — — —
Cumulative 1 Year Since Inception
NAV — 16.35%
Market Price — 16.21%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV — — — —
Market Price — — — —
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above. 

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Historical Premium/Discount

Calendar Year 2024 4th Quarter of 2024
Days Traded at Premium
72
28
Days Traded at Discount
108
36
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Portfolio Holdings

As of 03/21/2025

Holdings - All ETFs
Ticker Name Quantity Weight
A AGILENT TECHNOLOGIES INC USD 0.01 26 0.22%
ABNB AIRBNB INC USD 0.0001 46 0.42%
ACGL ARCH CAPIT COM USD0.01 17 0.11%
ADBE ADOBE SYST COM USD0.0001 108 2.98%
ADSK AUTODESK I COM USD0.01 47 0.90%
AFL AFLAC INC USD 0.1 26 0.20%
AIG AMERICAN INTL GROUP INC USD 2.5 27 0.16%
AJG GALLAGHER ARTHUR J + CO USD 1.0 12 0.28%
ALGN ALIGN TECHNOLOGY INC USD 0.0001 29 0.35%
ALKS ALKERMES PLC USD 0.01 64 0.16%
ALL ALLSTATE CORP USD 0.01 12 0.18%
ALNY ALNYLAM PHARMACEUTICALS IN USD 0.01 51 1.03%
ALTR ALTAIR ENGR INC NPV 19 0.15%
AMAT APPLIED MATLS INC USD 0.01 59 0.64%
AMP AMERIPRISE COM USD0.01 5 0.18%
APP APPLOVIN CORP USD 0.00003 63 1.41%
APPF APPFOLIO INC USD 0.0001 8 0.12%
AUR AURORA INNOVATION INC USD 0.0001 381 0.20%
AXP AMERICAN EXPRESS CO USD 0.2 35 0.68%
AXSM AXSOME THERAPEUTICS INC. USD 0.0001 19 0.17%
AZO AUTOZONE INC USD 0.01 1 0.26%
BBIO BRIDGEBIO PHARMA INC USD 0.001 74 0.18%
BBY BEST BUY INC USD 0.1 20 0.10%
BKNG BOOKING HLDGS INC USD 0.008 2 0.66%
BKR BAKER HUGHES CO USD 0.0001 66 0.21%
BPMC BLUEPRINT MEDICINES CORP USD 0.001 24 0.15%
BRK/B BERKSHIRE HATHAWAY INC SH B 0.0033 97 3.61%
BRO BROWN + BROWN INC USD 0.1 13 0.11%
BURL BURLINGTON STORES INC USD 0.0001 6 0.10%
BX BLACKSTONE INC USD 0.00001 57 0.60%
CACI CACI INTL INC USD 0.1 5 0.13%
CBRE CBRE GROUP INC CL A USD 0.01 15 0.14%
CDNS CADENCE DESIGN SYS INC USD 0.01 57 1.07%
CFLT CONFLUENT INC USD 0.00001 77 0.15%
CI CIGNA GROUP USD 0.01 13 0.29%
CIEN CIENA CORP USD 0.01 33 0.15%
CL COLGATE PALMOLIVE CO USD 1.0 71 0.46%
CLX CLOROX CO USD 1.0 11 0.11%
CMI CUMMINS INC USD 2.5 10 0.23%
CNC CENTENE CORP USD 0.001 23 0.10%
COIN COINBASE GLOBAL INC USD 0.00001 13 0.18%
CORT CORCEPT THERAPEUTICS INC USD 0.001 39 0.16%
COST COSTCO WHOLESALE CORP NEW USD 0.005 44 2.85%
CRH CRH PLC EUR 0.32 31 0.21%
CTAS CINTAS CORP NPV 37 0.50%
CVLT COMMVAULT SYS INC USD 0.01 10 0.12%
CVNA CARVANA CO USD 0.001 9 0.12%
CVS CVS HEALTH CORPORATION USD 0.01 58 0.28%
D DOMINION ENERGY INC NPV 67 0.26%
DASH DOORDASH INC USD 0.00001 28 0.38%
DBX DROPBOX INC USD 0.00001 65 0.12%
DDOG DATADOG INC USD 0.00001 81 0.61%
DECK DECKERS OUTDOOR CORP USD 0.01 15 0.13%
DELL DELL TECHNOLOGIES INC USD 0.01 146 1.02%
DKNG DRAFTKINGS INC NEW USD 0.0001 31 0.09%
DLB DOLBY LABO COM STK USD0.001 CLASS 6 0.03%
DOV DOVER CORP COM USD1.00 10 0.13%
DT DYNATRACE INC USD 0.001 71 0.25%
DUOL DUOLINGO INC USD 0.0001 9 0.20%
EA ELECTRONIC ARTS INC USD 0.01 55 0.57%
EBAY EBAY INC USD 0.001 103 0.48%
ECL ECOLAB INC USD 1.0 22 0.39%
ED CONSOLIDATED EDISON INC USD 0.1 27 0.21%
EL LAUDER ESTEE COS INC USD 0.01 32 0.15%
ELV ELEVANCE HEALTH INC USD 0.01 10 0.30%
ESTC ELASTIC NV EUR 0.01 24 0.17%
EXEL EXELIXIS INC USD 0.001 113 0.30%
EXPE EXPEDIA GROUP INC USD 0.001 10 0.12%
FAST FASTENAL CO USD 0.01 26 0.14%
FDX FEDEX CORP USD 0.1 17 0.28%
FERG FERGUSON ENTERPRISES INC USD 0.0001 9 0.10%
FFIV F5 INC 13 0.25%
FICO FAIR ISAAC CORPORATION USD 0.01 5 0.66%
FLUT FLUTTER ENTERTAINMENT PLC 12 0.21%
FTNT FORTINET I USD 0.001 178 1.25%
GDDY GODADDY INC USD 0.001 30 0.39%
GE GE AEROSPACE 72 1.05%
GEV GE VERNOVA INC USD 0.01 20 0.48%
GH GUARDANT HEALTH INC USD 0.00001 45 0.15%
GKOS GLAUKOS CORP USD 0.001 22 0.16%
GTLB GITLAB INC USD 0.000003 39 0.14%
GWRE GUIDEWIRE SOFTWARE INC USD 0.0001 18 0.25%
GWW GRAINGER W W INC USD 0.5 4 0.28%
HD HOME DEPOT INC USD 0.05 48 1.20%
HIG HARTFORD INS GROUP INC USD 0.01 13 0.11%
HIMS HIMS + HERS HEALTH INC USD 0.0001 48 0.12%
HON HONEYWELL INTL INC USD 1.0 45 0.67%
HOOD ROBINHOOD MKTS INC USD 0.0001 44 0.14%
HPQ HP INC USD 0.01 215 0.44%
HSIC SCHEIN HENRY INC USD 0.01 49 0.24%
HSY HERSHEY FOODS CORP USD 1.0 10 0.12%
HUBS HUBSPOT INC USD 0.001 12 0.52%
HUM HUMANA INC USD 0.166667 6 0.11%
IBM INTERNATIONAL BUSINESS MACH USD 0.2 200 3.48%
IDXX IDEXX LABS INC USD 0.1 32 0.96%
INCY INCYTE CORP USD 0.001 84 0.37%
INSM INSMED INC USD 0.01 69 0.39%
INSP INSPIRE MED SYS INC USD 0.001 12 0.14%
INTU INTUIT USD 0.01 62 2.67%
IONS IONIS PHARMACEUTICALS INC USD 0.001 63 0.15%
IOT SAMSARA INC USD 0.0001 131 0.38%
IT GARTNER INC USD 0.0005 7 0.21%
ITCI INTRA-CELLULAR THERAPIES USD 0.0001 42 0.39%
ITW ILLINOIS TOOL WKS INC USD 0.01 21 0.38%
JNPR JUNIPER NETWORKS INC USD 0.00001 73 0.19%
KD KYNDRYL HLDGS INC USD 0.01 51 0.13%
KEYS KEYSIGHT TECHNOLOGIES INC USD 0.01 15 0.17%
KMB KIMBERLY-CLARK CORP USD 1.25 30 0.30%
KMI KINDER MORGAN INC DEL USD 0.01 170 0.34%
KO COCA COLA CO USD 0.25 203 0.99%
KR KROGER CO USD 1.0 61 0.28%
KVYO KLAVIYO INC USD 0.001 67 0.16%
LII LENNOX INTL INC USD 0.01 3 0.12%
LNW LIGHT + WONDER INC USD 0.001 5 0.04%
LOW LOWES COS INC USD 0.5 28 0.45%
LRCX LAM RESH CORP USD 0.001 94 0.51%
LSCC LATTICE SEMICONDUCTOR CORP USD 0.01 30 0.13%
LYV LIVE NATION ENTMT INC USD 0.01 15 0.13%
MA MASTERCARD INC 84 3.21%
MANH MANHATTAN ASSOCS INC USD 0.01 13 0.16%
MASI MASIMO COR COM STK USD0.001 22 0.26%
MDB MONGODB INC USD 0.001 17 0.23%
MDGL MADRIGAL PHARMACEUTICALS USD 0.0001 8 0.19%
MDLZ MONDELEZ INTL INC NPV 62 0.29%
MET METLIFE INC USD 0.01 32 0.19%
MMC MARSH + MCLENNAN COS INC USD 1.0 23 0.38%
MMM 3M CO USD 0.01 46 0.49%
MNST MONSTER BEVERAGE CORP NEW USD 0.005 45 0.18%
MPC MARATHON PETE CORP USD 0.01 21 0.22%
MSI MOTOROLA SOLUTIONS INC USD 0.01 37 1.12%
MTCH MATCH GROUP INC NEW USD 0.001 55 0.12%
MTD METTLER-TOLEDO INTL INC USD 0.01 2 0.17%
NBIX NEUROCRINE BIOSCIENCES IN USD 0.001 39 0.31%
NDAQ NASDAQ INC 28 0.15%
NET CLOUDFLARE INC USD 0.001 85 0.72%
NI NISOURCE INC USD 0.01 37 0.10%
NKE NIKE INC CLASS B COM NPV 134 0.65%
NOW SERVICENOW INC USD 0.001 46 2.72%
NRG NRG ENERGY INC USD 0.01 15 0.11%
NTAP NETAPP INC USD 0.001 44 0.29%
NTNX NUTANIX INC USD 0.000025 59 0.31%
NTRA NATERA INC USD 0.0001 50 0.54%
NWS NEWS CORP NEW USD 0.01 128 0.28%
NYT NEW YORK TIMES CO USD 0.1 35 0.12%
ORLY O REILLY AUTOMOTIVE INC NE USD 0.01 4 0.38%
OTIS OTIS WORLDWIDE CORP USD 0.01 18 0.13%
PANW PALO ALTO NETWORKS INC USD 0.0001 142 1.85%
PCOR PROCORE TECHNOLOGIES INC USD 0.0001 34 0.17%
PEGA PEGASYSTEMS INC USD 0.01 20 0.10%
PEN PENUMBRA INC USD 0.001 15 0.30%
PEP PEPSICO INC USD 0.017 66 0.68%
PGR PROGRESSIVE CORP OH USD 1.0 27 0.53%
PINS PINTEREST INC USD 0.00001 161 0.37%
PLTR PALANTIR TECHNOLOGIES INC USD 0.001 480 3.11%
PM PHILIP MORRIS INTL INC NPV 72 0.78%
PRU PRUDENTIAL FINL INC USD 0.01 17 0.13%
PSTG PURE STORAGE INC USD 0.0001 70 0.26%
PSX PHILLIPS 66 USD 0.01 27 0.24%
PTCT PTC THERAPEUTICS INC USD 0.001 28 0.11%
QCOM QUALCOMM INC USD 0.0001 241 2.70%
RARE ULTRAGENYX PHARMACEUTICAL USD 0.001 37 0.10%
RDDT REDDIT INC USD 0.0001 48 0.40%
ROK ROCKWELL AUTOMATION INC USD 1.0 26 0.48%
ROL ROLLINS INC USD 1.0 43 0.16%
SHW SHERWIN-WILLIAMS CO USD 1.0 12 0.29%
SLB SCHLUMBERG COM USD0.01 92 0.27%
SNAP SNAP INC USD 0.00001 396 0.26%
SNPS SYNOPSYS INC USD 0.01 33 1.06%
SPOT SPOTIFY TECHNOLOGY SA EUR 0.000625 40 1.71%
SRPT SAREPTA THERAPEUTICS INC USD 0.0001 40 0.21%
SRRK SCHOLAR ROCK HLDG CORP USD 0.001 39 0.09%
STX SEAGATE TECHNOLOGY HOLD USD 0.00001 45 0.28%
SYY SYSCO CORP USD 1.0 23 0.12%
TEAM ATLASSIAN CORP USD 0.00001 65 1.05%
TEM TEMPUS AI INC USD 0.0001 38 0.14%
TER TERADYNE INC USD 0.125 17 0.11%
TGT TARGET CORP USD 0.0833 43 0.32%
TGTX TG THERAPEUTICS INC USD 0.001 53 0.16%
TOST TOAST INC USD 0.000001 123 0.31%
TPL TEXAS PAC LD CORP USD 0.01 1 0.09%
TRGP TARGA RES CORP USD 0.001 16 0.23%
TRV TRAVELERS COM NPV 10 0.18%
TSCO TRACTOR SUPPLY CO USD 0.008 26 0.10%
U UNITY SOFTWARE INC USD 0.000005 97 0.15%
UBER UBER TECHNOLOGIES INC USD 0.00001 148 0.80%
UNH UNITEDHEALTH GROUP INC USD 0.01 42 1.55%
UPS UNITED PARCEL SVC INC USD 0.01 60 0.49%
USFD US FOODS HLDG CORP USD 0.01 20 0.09%
VLTO VERALTO CORP USD 0.01 20 0.14%
VMC VULCAN MATLS CO USD 1.0 9 0.15%
VST VISTRA CORP USD 0.01 25 0.23%
WAT WATERS CORP USD 0.01 5 0.13%
WDAY WORKDAY INC USD 0.001 59 1.05%
WMB WILLIAMS COS INC USD 1.0 92 0.39%
WMG WARNER MUSIC GROUP CORP NPV 47 0.11%
WMT WALMART INC 760 4.66%
XOM EXXON MOBIL CORP NPV 286 2.36%
XYL XYLEM INC USD 0.01 19 0.16%
ZBRA ZEBRA TECHNOLOGIES CORP USD 0.01 12 0.25%
ZS ZSCALER INC USD 0.001 34 0.50%
- Estimated Cash 9,755 0.70%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.93795
$0.05000
$0.05000
View Distribution History
S19(a) Notices Data in the s19 reports should not be relied upon to estimate the tax classification of distributions. They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus not reflective of the tax information investors should expect. S19 reports are posted for regulatory requirements only.
S19(a) Notices Close
Data in the s19 reports should not be relied upon to estimate the tax classification of distributions. They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus not reflective of the tax information investors should expect. S19 reports are posted for regulatory requirements only.

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