NXTI ETF Profile

Family:	Simplify ETF
Name:	Simplify NEXT Intangible Core Index ETF

Inception Date:	15-Apr-2024
Termination Date:
Investment Objective:	The ETF tracks the performance of the Next Intangible Core Index (the "Core Index"). The Core Index is designed to measure the performance of U.S. stocks of companies that exhibit relatively high intangible capital-to-book assets ratios within their respective sector. The Core Index methodology defines intangible capital as productive assets that lack a physical presence and are generally created through investments in brand capital, knowledge capital, and organization capital. The Core Index is a rules-based index that is created by applying successive screens to an initial universe of stocks. The initial universe is composed of the 2000 largest stocks by market capitalization in the Solactive United States 3000 Index (the "Initial Universe"). The Solactive United States 3000 Index is designed to track the performance of the largest 3000 companies from the United States stock market, as measured by market capitalization. EC calculates a ratio of intangible capital-to-book assets for the stocks in the Initial Universe using its proprietary model that is designed to measure intangible capital. The 200 stocks with the highest intangible capital-to-book assets ratio are selected (the "Intangible Core Universe").

Prospectus