Simplify NEXT Intangible Core Index ETF
NXTI
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 54 W 21st Street, Suite 1007 New York NY United States of America 10010
- IPO Date
- Apr 22, 2024
- CIK
- 0001810747
- Website
- simplify.us
- Similar Companies
- Business
- Simplify NEXT Intangible Core Index ETF (NXTI) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the NEXT Intangible Core Index. The index selects approximately 200 U.S. companies exhibiting the highest intangible capital-to-book asset ratios within their respective sectors, with a minimum of five securities per sector and individual weight caps at 5%; the portfolio undergoes quarterly rebalancing to emphasize firms rich in intangibles such as intellectual property, brands, and software. Launched on April 15, 2024, and managed under Simplify Asset Management Inc., headquartered in Las Vegas, Nevada, NXTI targets investors seeking broad U.S. equity exposure tilted toward intangible-intensive businesses across large-cap blend segments, including top holdings like Walmart Inc., Berkshire Hathaway Inc., International Business Machines Corp., Mastercard Inc., and Costco Wholesale Corp. Simplify Asset Management, founded in 2020, issues NXTI as part of its suite of alternative and equity-plus ETFs distributed through Foreside Financial Services, LLC, with operations focused on the United States. Recent developments include a July 2025 deep-dive presentation highlighting NXTI's role as a core U.S. equity replacement due to its diversification and correlation with traditional indexes, alongside Simplify's broader expansions such as the November 2025 launches of the CTAP ETF combining large-cap equities with managed futures and the XXV barrier income ETF.