NXTI
Simplify Next Intangible Core Index ETF
📎 Investment Objective
The Simplify Next Intangible Core Index ETF (NXTI) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Simplify Next Intangible Core Index.
Overview
ETF tracking Simplify Next Intangible Core Index ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Simplify Next Intangible Core Index ETF (NXTI) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Simplify Next Intangible Core Index.
🎯 Investment Strategy
The ETF uses a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index is composed of companies that the index provider believes have significant intangible assets, such as intellectual property, brand value, and data, that are not fully reflected in their stock prices.
✨ Key Features
- Tracks the Simplify Next Intangible Core Index, which focuses on companies with valuable intangible assets
- Employs a passive, index-tracking investment strategy
- Relatively new ETF with no performance history yet
- Expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific sector or theme
- Potential volatility as the value of intangible assets can be difficult to assess
- Lack of performance history makes it challenging to evaluate the fund's long-term viability
- Low assets under management may impact trading liquidity
👤 Best For
This ETF may be suitable for investors seeking exposure to companies with significant intangible assets as part of a diversified portfolio. However, due to the fund's newness and lack of performance history, it may be more appropriate for experienced investors with a higher risk tolerance and a longer investment horizon.