Simplify NEXT Intangible Value Index ETF (NXTV)
Simplify NEXT Intangible Value Index ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Las Vegas, NV, US. The stock last traded at $25.50, down 0.02% on the session, giving a market capitalisation of $1.2M. Its beta of 1.07 implies it has historically moved more than the broad market.
The Simplify NEXT Intangible Value Index ETF (NXTV) is designed to replicate the investment performance of the NEXT Intangible Value Index, before accounting for any associated fees and expenses. This Index identifies and selects companies whose stock valuations appear modest when compared to their book values, especially after adjusting for intangible assets, all within their respective industry sectors. Research underpinning the index's methodology suggests that companies with such low intangible-adjusted book valuations tend to achieve superior returns over extended periods, as opposed to those evaluated solely by traditional valuation measures.
Simplify NEXT Intangible Value Index ETF is most often compared with the following Financial Services names: