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.
