NXTI vs. SPTM
Compare and contrast key facts about Simplify NEXT Intangible Core Index ETF (NXTI) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM).
NXTI and SPTM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NXTI is a passively managed fund by Simplify that tracks the performance of the NEXT Intangible Core Index. It was launched on Apr 15, 2024. SPTM is a passively managed fund by State Street that tracks the performance of the S&P Composite 1500 Index. It was launched on Oct 4, 2000. Both NXTI and SPTM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
NXTI vs. SPTM - Performance Comparison
Loading graphics...
NXTI vs. SPTM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NXTI Simplify NEXT Intangible Core Index ETF | -8.54% | 16.73% | 16.21% |
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF | -3.88% | 16.93% | 17.15% |
Returns By Period
In the year-to-date period, NXTI achieves a -8.54% return, which is significantly lower than SPTM's -3.88% return.
NXTI
- 1D
- 2.05%
- 1M
- -3.77%
- YTD
- -8.54%
- 6M
- -8.84%
- 1Y
- 8.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPTM
- 1D
- 2.86%
- 1M
- -5.00%
- YTD
- -3.88%
- 6M
- -1.39%
- 1Y
- 17.66%
- 3Y*
- 17.75%
- 5Y*
- 11.28%
- 10Y*
- 13.82%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NXTI vs. SPTM - Expense Ratio Comparison
NXTI has a 0.25% expense ratio, which is higher than SPTM's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
NXTI vs. SPTM — Risk / Return Rank
NXTI
SPTM
NXTI vs. SPTM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify NEXT Intangible Core Index ETF (NXTI) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| NXTI | SPTM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.40 | 0.97 | -0.57 |
Sortino ratioReturn per unit of downside risk | 0.72 | 1.48 | -0.76 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.22 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.66 | 1.51 | -0.84 |
Martin ratioReturn relative to average drawdown | 1.96 | 7.28 | -5.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NXTI | SPTM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.40 | 0.97 | -0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.67 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.43 | +0.25 |
Correlation
The correlation between NXTI and SPTM is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
NXTI vs. SPTM - Dividend Comparison
NXTI's dividend yield for the trailing twelve months is around 0.68%, less than SPTM's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NXTI Simplify NEXT Intangible Core Index ETF | 0.68% | 0.62% | 3.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF | 1.20% | 1.13% | 1.28% | 1.44% | 1.69% | 1.25% | 1.56% | 1.72% | 1.90% | 1.66% | 1.91% | 1.92% |
Drawdowns
NXTI vs. SPTM - Drawdown Comparison
The maximum NXTI drawdown since its inception was -19.65%, smaller than the maximum SPTM drawdown of -54.80%. Use the drawdown chart below to compare losses from any high point for NXTI and SPTM.
Loading graphics...
Drawdown Indicators
| NXTI | SPTM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.65% | -54.80% | +35.15% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -12.21% | -0.78% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.66% | — |
Current DrawdownCurrent decline from peak | -11.21% | -6.07% | -5.14% |
Average DrawdownAverage peak-to-trough decline | -3.06% | -9.10% | +6.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.40% | 2.53% | +1.87% |
Volatility
NXTI vs. SPTM - Volatility Comparison
The current volatility for Simplify NEXT Intangible Core Index ETF (NXTI) is 4.73%, while SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has a volatility of 5.32%. This indicates that NXTI experiences smaller price fluctuations and is considered to be less risky than SPTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NXTI | SPTM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.73% | 5.32% | -0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 11.63% | 9.52% | +2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.07% | 18.32% | +1.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.35% | 16.88% | +0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.35% | 18.03% | -0.68% |