Simplify Next Intangible Core ETF (NXTI) Valuation
NXTI valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 29.2 trailing earnings
- Forward P/E
- 21.3 analyst estimates
- Price / sales
- 2.75
- Price / book
- 5.73
- EV / EBITDA
- 19.0
- Earnings yield
- 3.43% inverse of P/E
- Dividend yield
- 1.12% of the holdings
- Return on equity
- 19.6% combined
- Net margin
- 9.4% combined
- Beta
- 1.04 weighted, vs S&P 500
NXTI valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| NXTI | 29.2 | 21.3 | 2.75 | 5.73 | 1.12% | 19.6% | 9.4% | 6.5% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
NXTI valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 43.7% | 35.7 | 24.9 | 5.53 | 8.91 | 0.63% | 25.0% |
| Financial Services | 12.0% | 17.2 | 17.4 | 3.09 | 2.63 | 0.99% | 15.3% |
| Healthcare | 10.8% | 45.6 | 20.6 | 1.70 | 5.50 | 1.40% | 12.1% |
| Consumer Defensive | 9.1% | 33.5 | 26.1 | 1.36 | 9.39 | 1.63% | 28.1% |
| Industrials | 7.4% | 26.5 | 23.3 | 2.86 | 8.26 | 1.33% | 31.2% |
| Consumer Cyclical | 5.6% | 29.8 | 18.0 | 1.87 | 9.75 | 1.52% | 32.7% |
| Energy | 3.9% | 21.3 | 13.1 | 1.82 | 3.11 | 2.08% | 14.6% |
| Communication Services | 2.1% | 14.1 | 10.2 | 1.09 | 1.70 | 2.93% | 12.1% |
| Real Estate | 1.0% | 25.6 | 26.3 | 4.21 | 6.68 | 3.33% | 26.1% |
| Basic Materials | 0.8% | 28.8 | 21.9 | 2.90 | 5.75 | 1.16% | 19.9% |
| Utilities | 0.8% | 22.7 | 14.3 | 2.28 | 2.20 | 2.78% | 9.7% |
NXTI earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How NXTI weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
NXTI largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| PLTR | Palantir Technologies Inc. | 5.35% | 160.4 | 85.5 | 72.6 | — | 1.00% |
| WMT | Walmart Inc. | 4.96% | 43.0 | 38.0 | 1.3 | 0.83% | 3.47% |
| JNJ | Johnson & Johnson | 4.87% | 38.8 | 21.0 | 6.2 | 2.10% | 3.78% |
| CSCO | Cisco Systems, Inc. | 4.47% | 32.2 | 19.8 | 6.7 | 1.56% | 4.18% |
| BRK.B | Berkshire Hathaway Inc. | 3.39% | 13.4 | 22.7 | 3.0 | — | 7.64% |
| DELL | Dell Technologies Inc. | 3.01% | 26.3 | 21.3 | 1.9 | 0.56% | 3.46% |
| IBM | International Business Machines Corporation | 2.34% | 20.6 | 17.4 | 3.2 | 2.91% | 3.41% |
| CRWD | CrowdStrike Holdings, Inc. | 2.26% | — | 208.3 | 43.1 | — | 0.02% |
| MA | Mastercard Incorporated | 2.20% | 34.0 | 24.2 | 15.4 | 0.56% | 1.95% |
| CRM | Salesforce, Inc. | 2.19% | 22.0 | 14.0 | 4.5 | 0.73% | 2.99% |
| XOM | Exxon Mobil Corporation | 2.02% | 23.0 | 14.8 | 2.0 | 2.30% | 2.65% |
| NOW | ServiceNow, Inc. | 1.83% | 88.7 | 27.8 | 10.0 | — | 0.62% |
| QCOM | QUALCOMM Incorporated | 1.75% | 19.9 | 19.6 | 4.2 | 2.14% | 2.64% |
| STX | Seagate Technology Holdings plc | 1.65% | 46.0 | 25.7 | 11.9 | 0.46% | 1.08% |
| WDC | Western Digital Corporation | 1.42% | 12.3 | 22.8 | 9.6 | 0.18% | 3.46% |
| SNOW | Snowflake Inc. | 1.31% | — | 169.5 | 19.9 | — | −0.41% |
| ADBE | Adobe Inc. | 1.29% | 13.7 | 8.7 | 3.7 | — | 2.83% |
| GCP | General Electric Company | 1.28% | — | — | — | — | — |
| FTNT | Fortinet, Inc. | 1.20% | 59.8 | 45.0 | 16.5 | — | 0.60% |
| UNH | UnitedHealth Group Incorporated | 1.17% | 25.8 | 16.6 | 0.8 | 2.31% | 1.37% |
| INTU | Intuit Inc. | 1.08% | 19.8 | 12.7 | 4.1 | 1.70% | 1.64% |
| CAT | Caterpillar Inc. | 0.99% | 31.5 | 25.4 | 4.5 | 0.89% | 0.95% |
| CDNS | Cadence Design Systems, Inc. | 0.98% | 63.5 | 31.5 | 15.1 | — | 0.46% |
| NET | Cloudflare, Inc. | 0.98% | — | 178.6 | 42.0 | — | −0.05% |
| CMCSA | Comcast Corporation | 0.98% | 7.1 | 5.9 | 0.6 | 6.03% | 4.17% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About NXTI valuation
Adding up its 196 holdings with company data, NXTI trades at 29.2 times trailing earnings and 21.3 times analysts' forward estimates, with a price-to-book ratio of 5.73 and a dividend yield of 1.12%. Its earnings yield of 3.43% is 1.90 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 35.0% of the fund and earn 31.9% of its combined profit. By sector, Healthcare is the most expensive at 45.6 times earnings and Communication Services the cheapest at 14.1. Companies that lost money over the past year are 6.5% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: NXTI chart, NXTI performance, NXTI holdings, NXTI dividends.
NXTI valuation FAQ
What is the P/E ratio of NXTI?
Based on its holdings, NXTI has a trailing P/E of 29.2 and a forward P/E of 21.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of NXTI?
The trailing earnings yield is 3.43% (1 ÷ P/E) and the forward earnings yield 4.70%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is NXTI more expensive than the S&P 500?
NXTI trades at 29.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.3 and 19.9.
What is the price-to-book ratio of NXTI?
The holdings of NXTI trade at 5.73 times book value, with a combined return on equity of 19.6%.
Which sector in NXTI has the highest P/E?
Healthcare has the highest P/E at 45.6 and Communication Services the lowest at 14.1.