NIXT vs. FXO ETF Comparison

Comparison of Research Affiliates Deletions ETF (NIXT) to First Trust Financials AlphaDEX (FXO)

NIXT

Research Affiliates Deletions ETF

NIXT Description

The index consists of U.S. equity securities of micro-, small- and mid- capitalization companies that are believed to be value stocks. Under normal circumstances, at least 80% of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in U.S. equity securities of micro-, small- and mid- companies.

Grade (RS Rating)

Last Trade

$26.96

Average Daily Volume

43,905

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

FXO

First Trust Financials AlphaDEX

FXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Financials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$56.39

Average Daily Volume

52,329

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	NIXT	FXO
30 Days	2.45%	6.22%
60 Days	4.82%	13.41%
90 Days		14.52%
12 Months		47.91%

7 Overlapping Holdings

Symbol	Grade	Weight in NIXT	Weight in FXO	Overlap
ALLY	C	0.59%	1.23%	0.59%
CMA	A	0.8%	0.67%	0.67%
CNA	C	0.7%	1.17%	0.7%
EQH	B	0.78%	1.31%	0.78%
FHB	B	0.76%	0.68%	0.68%
FNF	C	0.77%	0.28%	0.28%
LNC	B	0.79%	1.29%	0.79%

NIXT Overweight 130 Positions Relative to FXO

Symbol	Grade	Weight
LUMN	C	3.79%
SIRI	C	1.21%
LBRDK	C	1.18%
OMCL	C	1.16%
DNLI	C	1.13%
TDS	C	1.13%
VFC	C	1.09%
FTDR	B	1.03%
VNO	C	1.02%
HBI	B	1.0%
SLG	C	0.98%
LITE	B	0.96%
ACIW	B	0.94%
CHRW	A	0.94%
GEN	B	0.91%
SHC	D	0.91%
MKTX	C	0.89%
SNDR	B	0.89%
BFH	B	0.88%
AFRM	B	0.87%
MAC	B	0.86%
BKU	A	0.85%
BIO	C	0.85%
UAA	B	0.82%
CCOI	C	0.82%
BXP	D	0.82%
DEI	B	0.82%
HIW	D	0.81%
CRUS	F	0.81%
AMBA	C	0.8%
RNG	C	0.79%
UHS	D	0.79%
JWN	B	0.77%
MSGS	B	0.77%
NRG	C	0.77%
REG	A	0.77%
SMTC	C	0.76%
PNW	A	0.76%
RL	B	0.76%
ELS	B	0.75%
RIVN	F	0.74%
FL	F	0.74%
SGRY	F	0.74%
MTCH	F	0.74%
PAYC	B	0.73%
MP	C	0.73%
PNM	B	0.73%
AVT	C	0.72%
JBGS	F	0.72%
OUT	B	0.72%
DBX	B	0.72%
JKHY	C	0.71%
EPR	D	0.71%
TNL	A	0.71%
NWL	B	0.71%
SABR	B	0.71%
TFSL	A	0.7%
KMX	B	0.7%
EMN	D	0.7%
OGS	B	0.7%
VIR	C	0.7%
HAS	D	0.69%
NVST	C	0.69%
ALE	A	0.69%
MQ	F	0.68%
CTLT	D	0.68%
EQC	C	0.68%
FRT	B	0.68%
FMC	F	0.68%
SAM	B	0.68%
LOPE	B	0.68%
MASI	B	0.67%
HE	F	0.67%
VYX	B	0.67%
SPR	F	0.66%
IAC	F	0.66%
AMED	F	0.66%
DXC	B	0.66%
GAP	B	0.65%
TFX	F	0.65%
JBLU	C	0.65%
APLE	B	0.64%
YETI	D	0.64%
NOMD	F	0.63%
PINC	B	0.63%
PARA	B	0.62%
NEU	C	0.61%
CAR	C	0.6%
MRVI	F	0.59%
HST	D	0.59%
ZD	B	0.59%
PLUG	D	0.58%
HLF	C	0.58%
PK	C	0.56%
CABO	B	0.56%
LCID	F	0.56%
ARWR	C	0.56%
MOS	D	0.55%
ASAN	C	0.55%
CBRL	C	0.53%
NOV	C	0.53%
ACLS	F	0.53%
HP	C	0.53%
NGVT	B	0.53%
VAC	B	0.52%
AEO	F	0.52%
XRAY	F	0.51%
AZTA	F	0.51%
HAE	B	0.5%
CRI	D	0.5%
RAMP	C	0.5%
ETSY	D	0.49%
KSS	D	0.49%
ENOV	C	0.49%
BMBL	C	0.47%
ZI	C	0.46%
NSP	F	0.46%
NTLA	F	0.45%
HELE	C	0.45%
LEG	F	0.43%
IART	C	0.42%
BBWI	C	0.41%
HTZ	C	0.4%
XRX	F	0.4%
QRVO	F	0.39%
TRIP	D	0.39%
CVI	F	0.34%
SVC	F	0.33%
AGL	F	0.32%
SAGE	F	0.28%

NIXT Underweight 94 Positions Relative to FXO

Symbol	Grade	Weight
GS	B	-1.82%
KKR	B	-1.78%
JHG	A	-1.77%
JEF	B	-1.77%
TPG	B	-1.76%
WTM	A	-1.68%
AGO	B	-1.68%
CINF	A	-1.67%
TROW	A	-1.65%
AMG	B	-1.59%
BEN	C	-1.59%
ALL	B	-1.58%
PGR	A	-1.57%
RNR	D	-1.5%
MTG	C	-1.46%
BPOP	C	-1.44%
WBS	A	-1.44%
EG	D	-1.43%
ACGL	C	-1.39%
HLI	B	-1.37%
COLB	A	-1.36%
UNM	A	-1.36%
OMF	A	-1.36%
SEIC	A	-1.35%
BX	A	-1.35%
FNB	B	-1.33%
OZK	B	-1.26%
RYAN	B	-1.25%
TW	B	-1.24%
AXS	A	-1.23%
L	A	-1.22%
MKL	A	-1.22%
GL	B	-1.2%
BRK.A	B	-1.17%
FHN	A	-1.16%
WFC	A	-1.14%
MS	A	-1.14%
ZION	B	-1.13%
EWBC	B	-1.13%
UWMC	F	-1.12%
MTB	A	-1.08%
HBAN	A	-1.08%
FCNCA	B	-1.08%
WTFC	B	-1.08%
NTRS	A	-1.07%
NU	B	-1.02%
C	B	-1.0%
BRO	B	-0.99%
STT	B	-0.98%
CRBG	C	-0.97%
SOFI	B	-0.96%
SLM	A	-0.93%
MCO	C	-0.92%
HIG	C	-0.91%
AFL	C	-0.89%
CB	C	-0.89%
OWL	B	-0.69%
AMP	A	-0.68%
BAC	A	-0.66%
PB	B	-0.65%
CFG	B	-0.65%
VIRT	B	-0.65%
JPM	A	-0.65%
TRV	B	-0.64%
USB	B	-0.64%
RF	A	-0.64%
PNC	B	-0.64%
BOKF	B	-0.64%
FITB	A	-0.63%
WRB	B	-0.62%
BK	B	-0.62%
VOYA	B	-0.6%
WAL	B	-0.6%
ORI	A	-0.6%
RJF	A	-0.38%
APO	B	-0.38%
SF	A	-0.36%
PNFP	B	-0.36%
CFR	B	-0.36%
DFS	B	-0.36%
CBSH	A	-0.34%
KEY	B	-0.33%
MORN	B	-0.32%
AIZ	A	-0.31%
RGA	A	-0.3%
AFG	A	-0.3%
AIG	B	-0.3%
AJG	A	-0.3%
PFG	C	-0.29%
PRU	B	-0.29%
XP	F	-0.28%
STWD	C	-0.28%
FAF	C	-0.28%
AGNC	C	-0.27%