NXTI vs VOOV

NXTICSimplify NEXT Intangible Core Index ETF

VOOVAVanguard S&P 500 Value ETF

In short

NXTI Most 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.

VOOV Vanguard takes the S&P 500, sorts it by value traits, and hands you the cheap half: roughly 400 familiar large caps, one published index, seven basis points. A value tilt without leaving the blue-chip universe.

Stated mandate

NXTI 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.

VOOV The fund seeks to track the performance of the S&P 500 Value Index.

Why people hold it

• NXTI 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.

• VOOV Charges 0.07% a year against a 0.45% median for its index-tracker peer group. The value tilt arrives without the usual factor-fund markup.
• No manager discretion. It follows one published benchmark, the S&P 500 Value Index, holding roughly 400 large-cap names most investors already know.vanguard.com
• Running since 2010 and now a multi-billion-dollar fund, it sits among the strongest implementations in its peer group of plain index wrappers.

Worth knowing

• NXTI 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.

• VOOV SPYV tracks the same S&P 500 Value Index for 0.04%. Same benchmark, thinner fee.
• You own one side of the index. When the growth half of the S&P 500 leads, this fund's path diverges from the headline benchmark.
• Volume is moderate rather than heavy, so spreads can run wider than the busiest large-cap ETFs. Cash comes back quarterly, not monthly.

Full NXTI profile⁠

Full VOOV profile⁠