Simplify NEXT Intangible Core Index ETF
$36.49+0.12 (+0.34%)
- Expense ratio
- 0.25%
- Fund size
- $42M
- 1Y return
- +11.4%
- Yield · Last 12 months
- 0.53%
- Holdings
- 199
- Volume · 30D
- 0M sh
- NAV per share
- $36.39
- 52W range
The ETF.net NXTI Grade
Score 53 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 56Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 79Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 35Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 24Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 58Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 40Category rank
Our read on NXTI
CMost index funds count factories. NXTI tracks an index that counts the other stuff: R&D, brands, software. It picks US companies with the highest intangible capital relative to book assets, sector by sector.
The Fund seeks to track, before fees and expenses, the NEXT Intangible Core Index. That index selects U.S. companies with relatively high intangible-capital-to-book-assets ratios within their sectors.
Why people hold it
- Charges 0.25% a year, well under the median for its index-fund peer group, for a screen you won't find in plain market-cap beta.
- Selects within sectors, so the intangibles tilt spreads across roughly 200 US names instead of collapsing into an all-software portfolio.simplify.us
- Fully rules-based: the index does the picking, not a manager's gut. Distributions come quarterly.
Worth knowing
- Small and thinly traded. Spreads can run wider than on warehouse-scale index staples like SCHK or VOOV, which also cost a few basis points to own.
- The intangibles screen reshuffles sector-relative weights, so the portfolio can look and behave quite differently from a cap-weighted US benchmark.simplify.us
- Launched in 2024, so there isn't yet a full market cycle showing how the strategy holds up through a deep drawdown.
NXTI Holdings
- Stocks
- 199
- 35%
- JNJ
Sectors
- Technology44.9%
- Financials11.3%
- Health Care11.1%
- Industrials8.7%
- Cons. Staples8.5%
- Consumer Discr.5.3%
- Energy4.0%
- Communication3.3%
- Real Estate1.4%
- Materials0.8%
- Utilities0.8%
Geography
- United States96.18%
- Singapore2.09%
- Ireland1.10%
- Australia0.56%
- Canada0.07%
NXTI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NXTI |
|---|---|
| Year to date | +12.2% |
| 1 month | +0.3% |
| 3 months | +6.1% |
| 1 year | +11.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NXTI |
|---|---|---|
| 2026 YTD | +12.2% | |
| 2025 | +16.7% | |
| 2024 | +16.2% |
NXTI in the news
ETF.net Research hasn’t filed on NXTI yet — coverage lands here as it’s written.
NXTI Dividends
- 0.53%
- $0.19
- $0.05 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.05 |
| Mar 26, 2026 | Mar 31, 2026 | $0.05 |
| Dec 23, 2025 | Dec 31, 2025 | $0.04 |
| Sep 25, 2025 | Sep 30, 2025 | $0.05 |
| Jun 25, 2025 | Jun 30, 2025 | $0.06 |
| Mar 26, 2025 | Mar 31, 2025 | $0.05 |
| Dec 23, 2024 | Dec 31, 2024 | $0.94 |
| Sep 25, 2024 | Sep 30, 2024 | $0.05 |
| Jun 25, 2024 | Jun 28, 2024 | $0.05 |
NXTI Risk
- 13.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.12
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.95
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NXTI Cost
- The middle half of Other Major Indexes funds
- Median 0.29%
19 of the 42 Other Major Indexes funds charge less.