NIXT
Research Affiliates Deletions ETF
The Research Affiliates Deletions ETF seeks to provide long-term capital appreciation by investing in equity securities that have been removed from the S&P 500 Index, utilizing a systematic value-based approach.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 38.3 M
ASSETS UNDER MGMT
9 bp
EXPENSES
Fund Basics
| Inception date | Sep 09, 2024 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ENPHASE ENERGY INC | 1.0 % |
| OKTA, INC. CLASS A | 0.8 % |
| CASH & OTHER | 0.8 % |
| INTEGRA LIFESCIENCES HOLDING | 0.7 % |
| SYNAPTICS INC | 0.7 % |
| INSIGHT ENTERPRISES INC | 0.7 % |
| AKAMAI TECHNOLOGIES | 0.7 % |
| XEROX CORP | 0.7 % |
| TENABLE HOLDINGS, INC. | 0.6 % |
| IRIDIUM COMMUNICATIONS INC. | 0.6 % |
Constituent Breakdown
| Number of holdings | 206 |
| Herfindahl-Hirschman Index | 138 |
| Wgt avg mkt cap (mns) | $6,364 |
| Large cap (>$10bn) | 19.2% |
| Mid cap ($2-10bn) | 62.7% |
| Small cap (<$2bn) | 17.2% |
| Developed mkts. | 97.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 97.7 % |
 |
BRITAIN | 1.0 % |
 |
BERMUDA | 0.6 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 19.7% | 35.2% | -- | -- | -- | -- | -- | 15.3% |
| Dividend Yield | 0.3% | 2.2% | -- | -- | -- | -- | -- | 2.3% |
| Total Returns | 20.0% | 37.4% | -- | -- | -- | -- | -- | 17.5% | Ann. Volatility | 21.1% | 21.2% | -- | -- | -- | -- | -- | 23.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.29 | 52% |
| MSCI EAFE | 0.89 | 39% |
| MSCI Emg Mkts | 0.62 | 34% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.28% |
Technical Indicators
| 30d moving avg. (EMA) | $30.57 |
| Relative strength (RSI) | 61 |
| MACD/Signal | 0.44/0.38 |
| Bollinger Bands (Upper/Lower) | $31.88/$29.89 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. NIXT |
Expenses vs. NIXT |
ALTAR Score™ vs. NIXT |
|---|---|---|---|---|
| ISCV | iShares Morningstar Small Cap Value ETF | 18.1% | -3 bp | +2.3% |
| FNK | First Trust Mid Cap Value AlphaDEX Fund | 17.7% | +61 bp | +4.4% |
| DSMC | Distillate Small/Mid Cash Flow ETF | 17.1% | +46 bp | +5.1% |
| GVLU | Gotham 1000 Value ETF | 16.6% | +41 bp | +3.4% |
| SLYV | State Street SPDR S&P 600 Small Cap Value ETF | 16.3% | +6 bp | +3.0% |
| IJS | iShares S&P Small-Cap 600 Value ETF | 16.1% | +9 bp | +2.9% |
| CALF | Pacer US Small Cap Cash Cows 100 ETF | 16.0% | +50 bp | +3.8% |
| VBR | Vanguard Small Cap Value ETF | 15.9% | -2 bp | +2.4% |
| VIOV | Vanguard S&P Small-Cap 600 Value ETF | 15.8% | +1 bp | +3.0% |
| STXK | Strive Small-Cap ETF | 15.1% | +9 bp | -0.2% |
Risk and Returns: NIXT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.8%
ALTAR SCORE™
61st
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. NIXT's ALTAR Score™ is approximately 0.3 standard
deviations above the category average. This places NIXT in the 61st percentile
among funds in the category.
Sell-Side Consensus
$32.2
PRICE TARGET
+1.7%
UPSIDE