NIXT vs. FYT ETF Comparison

Comparison of Research Affiliates Deletions ETF (NIXT) to First Trust Small Cap Value AlphaDEX Fund (FYT)

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

$26.82

Average Daily Volume

42,775

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

FYT

First Trust Small Cap Value AlphaDEX Fund

FYT 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 Nasdaq AlphaDEX® Small Cap Value Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 700 Small Cap Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.

Grade (RS Rating)

Last Trade

$58.66

Average Daily Volume

10,665

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

Performance

Period	NIXT	FYT
30 Days	2.60%	7.02%
60 Days	2.78%	5.29%
90 Days		4.45%
12 Months		23.16%

28 Overlapping Holdings

Symbol	Grade	Weight in NIXT	Weight in FYT	Overlap
APLE	B	0.65%	0.64%	0.64%
BFH	C	0.96%	0.73%	0.73%
BKU	A	0.9%	0.4%	0.4%
BMBL	C	0.52%	0.79%	0.52%
CABO	B	0.59%	0.71%	0.59%
CAR	C	0.61%	0.3%	0.3%
CRI	F	0.46%	0.29%	0.29%
CVI	F	0.37%	0.5%	0.37%
DEI	B	0.81%	0.13%	0.13%
ENOV	C	0.51%	0.26%	0.26%
EQC	B	0.65%	0.49%	0.49%
FHB	B	0.79%	0.29%	0.29%
HELE	C	0.43%	0.65%	0.43%
HIW	C	0.75%	0.46%	0.46%
HLF	C	0.58%	0.26%	0.26%
HTZ	C	0.49%	0.76%	0.49%
IART	C	0.52%	0.63%	0.52%
JBGS	F	0.63%	0.11%	0.11%
KSS	F	0.47%	0.54%	0.47%
PINC	B	0.67%	0.69%	0.67%
PK	C	0.57%	0.64%	0.57%
SAM	C	0.69%	0.13%	0.13%
SNDR	B	0.94%	0.39%	0.39%
TDS	B	1.23%	0.64%	0.64%
VAC	C	0.58%	0.62%	0.58%
XRX	F	0.4%	0.39%	0.39%
YETI	D	0.71%	0.23%	0.23%
ZD	B	0.69%	0.58%	0.58%

NIXT Overweight 109 Positions Relative to FYT

Symbol	Grade	Weight
LUMN	C	4.72%
LBRDK	C	1.21%
LITE	B	1.2%
DNLI	D	1.18%
FTDR	B	1.12%
SIRI	C	1.12%
OMCL	C	1.1%
AFRM	A	1.09%
HBI	B	1.06%
ACIW	B	1.01%
VNO	C	1.0%
VFC	C	0.99%
SLG	B	0.95%
CHRW	B	0.95%
GEN	B	0.92%
UAA	C	0.86%
MAC	B	0.85%
CMA	B	0.84%
SHC	F	0.84%
LOPE	C	0.81%
EQH	C	0.8%
BIO	C	0.8%
LNC	C	0.8%
SMTC	B	0.79%
MKTX	D	0.79%
NRG	B	0.78%
BXP	C	0.78%
AMBA	B	0.78%
SABR	C	0.77%
FNF	B	0.76%
PNW	A	0.76%
RL	C	0.76%
UHS	D	0.75%
CCOI	B	0.75%
REG	A	0.75%
PNM	B	0.75%
PAYC	B	0.75%
MP	C	0.75%
ELS	C	0.74%
MSGS	A	0.74%
TNL	A	0.74%
RNG	C	0.74%
JWN	D	0.74%
FL	F	0.73%
DBX	B	0.73%
DXC	B	0.72%
SGRY	F	0.72%
TFSL	A	0.72%
CRUS	D	0.72%
RIVN	F	0.72%
OGS	A	0.71%
KMX	B	0.7%
OUT	A	0.7%
NWL	C	0.7%
MASI	B	0.7%
VYX	B	0.7%
JBLU	F	0.68%
EPR	C	0.68%
AVT	C	0.67%
CNA	C	0.67%
EMN	C	0.66%
FRT	B	0.66%
ALE	A	0.66%
VIR	D	0.66%
JKHY	D	0.65%
GAP	C	0.65%
CTLT	C	0.65%
NVST	B	0.64%
HE	C	0.63%
HAS	D	0.62%
MTCH	D	0.61%
HAE	C	0.61%
PARA	C	0.61%
IAC	F	0.61%
AMED	F	0.6%
NEU	D	0.6%
ASAN	B	0.59%
ALLY	C	0.59%
SPR	D	0.59%
HST	C	0.58%
ARWR	D	0.58%
TFX	F	0.57%
FMC	D	0.57%
NGVT	B	0.55%
HP	C	0.55%
NOMD	D	0.55%
AZTA	D	0.54%
RAMP	B	0.54%
NOV	C	0.54%
LCID	F	0.51%
MOS	F	0.5%
ZI	D	0.5%
PLUG	F	0.5%
CBRL	C	0.48%
ACLS	F	0.48%
ETSY	D	0.47%
NTLA	F	0.47%
NSP	F	0.45%
MQ	D	0.45%
AEO	F	0.45%
BBWI	C	0.43%
MRVI	F	0.42%
LEG	F	0.4%
XRAY	F	0.36%
QRVO	F	0.34%
TRIP	F	0.33%
SVC	F	0.29%
SAGE	F	0.25%
AGL	F	0.21%

NIXT Underweight 228 Positions Relative to FYT

Symbol	Grade	Weight
CXW	C	-1.03%
RIOT	C	-0.98%
GBX	A	-0.79%
JBT	B	-0.73%
CTOS	B	-0.72%
ECVT	C	-0.72%
CUBI	B	-0.72%
VTLE	C	-0.71%
TGNA	B	-0.7%
TALO	C	-0.69%
DNOW	B	-0.69%
ULH	C	-0.69%
KMT	B	-0.68%
EIG	B	-0.68%
GEF	A	-0.66%
GPOR	B	-0.65%
RLJ	C	-0.64%
GT	C	-0.64%
REZI	A	-0.62%
GIII	D	-0.62%
WS	C	-0.62%
BTU	B	-0.62%
KOS	D	-0.62%
CRGY	B	-0.62%
SPNT	B	-0.62%
PARR	F	-0.61%
PLAB	C	-0.61%
INVA	D	-0.61%
UVV	B	-0.61%
SHO	D	-0.6%
AVA	A	-0.59%
TRMK	C	-0.59%
EPC	F	-0.59%
VC	F	-0.59%
INDB	B	-0.59%
IMKTA	C	-0.59%
PEBO	B	-0.58%
PRDO	B	-0.58%
RES	D	-0.57%
BY	B	-0.57%
GHC	B	-0.56%
FOR	F	-0.56%
CAL	F	-0.56%
FFBC	B	-0.56%
WKC	C	-0.55%
USM	B	-0.55%
PHIN	A	-0.55%
EBC	B	-0.55%
SAH	C	-0.54%
DBRG	F	-0.54%
WMK	C	-0.53%
VSH	F	-0.52%
MRC	B	-0.52%
CCS	D	-0.52%
SEB	F	-0.52%
HOV	D	-0.51%
DRH	B	-0.51%
CMCO	C	-0.51%
AMWD	C	-0.51%
GES	F	-0.51%
SBH	C	-0.5%
GEO	B	-0.5%
SCSC	C	-0.5%
VSCO	C	-0.5%
NWN	A	-0.49%
LZB	B	-0.49%
BV	C	-0.49%
CENTA	C	-0.49%
LADR	B	-0.49%
NAVI	F	-0.48%
PRG	C	-0.48%
NWE	B	-0.47%
ABR	C	-0.47%
OEC	C	-0.47%
MLKN	F	-0.47%
CVBF	A	-0.46%
ANDE	D	-0.46%
VSTS	C	-0.46%
SASR	B	-0.44%
CASH	B	-0.44%
BNL	D	-0.44%
PDCO	F	-0.44%
PLYA	B	-0.44%
ADNT	F	-0.44%
BANR	B	-0.44%
WSBC	B	-0.43%
CATY	B	-0.43%
CRK	B	-0.43%
FULT	A	-0.42%
FRME	B	-0.42%
PFBC	B	-0.42%
WSFS	B	-0.41%
HY	D	-0.41%
RNST	B	-0.41%
SFNC	C	-0.41%
EFSC	B	-0.41%
VRTS	B	-0.41%
LAUR	A	-0.4%
BKE	B	-0.4%
TCBK	C	-0.4%
VBTX	B	-0.4%
KALU	C	-0.4%
ALG	B	-0.39%
DAN	D	-0.39%
HOPE	C	-0.39%
FIBK	B	-0.39%
FCF	B	-0.39%
SRCE	B	-0.39%
HUBG	A	-0.39%
NX	C	-0.39%
WGO	C	-0.38%
MCRI	A	-0.38%
PTVE	B	-0.38%
XHR	B	-0.37%
BUSE	B	-0.37%
ARCB	C	-0.37%
MODG	F	-0.37%
WERN	C	-0.37%
UNF	B	-0.36%
KLG	B	-0.36%
IPGP	D	-0.36%
MRTN	D	-0.35%
SPB	C	-0.35%
LILAK	D	-0.33%
SJW	F	-0.33%
PEB	D	-0.33%
VSAT	F	-0.32%
SSTK	F	-0.32%
LGIH	F	-0.32%
TTMI	C	-0.32%
LC	A	-0.32%
GRBK	D	-0.3%
ASB	B	-0.3%
SCVL	F	-0.3%
NIC	B	-0.29%
SNEX	B	-0.29%
HMN	B	-0.29%
AMN	F	-0.28%
FHI	B	-0.28%
PBH	A	-0.28%
OMI	F	-0.28%
KAR	B	-0.28%
DFH	D	-0.28%
NWBI	B	-0.27%
SBCF	B	-0.27%
GOGO	C	-0.27%
CSGS	B	-0.27%
FBNC	B	-0.27%
ABM	B	-0.26%
MTX	B	-0.26%
WAFD	B	-0.26%
TOWN	B	-0.26%
IOSP	C	-0.26%
BHE	C	-0.26%
HTH	C	-0.25%
STBA	B	-0.25%
DK	C	-0.25%
ROCK	C	-0.25%
GO	C	-0.25%
SYNA	C	-0.24%
OFG	B	-0.24%
SCL	C	-0.24%
CXT	C	-0.24%
ARI	C	-0.24%
ALEX	B	-0.24%
LNN	B	-0.24%
KWR	C	-0.24%
DFIN	D	-0.23%
DEA	D	-0.23%
SHEN	F	-0.23%
THRM	F	-0.23%
LCII	C	-0.23%
PSMT	D	-0.23%
ROG	D	-0.22%
PATK	C	-0.22%
ODP	F	-0.21%
FOXF	F	-0.19%
AVNS	F	-0.19%
MYRG	B	-0.18%
UPWK	B	-0.17%
MCW	C	-0.15%
MGPI	F	-0.15%
TCBI	C	-0.15%
FDP	B	-0.14%
BHF	C	-0.14%
BHLB	B	-0.14%
PFS	B	-0.14%
CBU	B	-0.14%
FBK	C	-0.14%
MTRN	C	-0.13%
XPEL	B	-0.13%
HLIO	B	-0.13%
GNW	A	-0.13%
IVT	A	-0.13%
CVCO	A	-0.13%
PPBI	C	-0.13%
ROIC	A	-0.13%
NBTB	B	-0.13%
NVEE	F	-0.12%
KFRC	D	-0.12%
NNI	D	-0.12%
STC	B	-0.12%
NMRK	C	-0.12%
CNMD	C	-0.12%
OI	C	-0.12%
MSEX	C	-0.12%
UPBD	B	-0.12%
EVTC	B	-0.12%
PGRE	F	-0.12%
AIR	B	-0.12%
HAYW	B	-0.12%
SAFT	B	-0.12%
OXM	F	-0.11%
CWEN	C	-0.11%
SHOO	F	-0.11%
AIN	C	-0.11%
MSGE	F	-0.11%
LXP	D	-0.11%
RC	D	-0.11%
CMTG	F	-0.11%
SHLS	F	-0.11%
CNXN	C	-0.11%
CC	C	-0.11%
BLMN	F	-0.1%
PLUS	F	-0.1%
GIC	D	-0.1%
GPRE	F	-0.1%
OLPX	D	-0.09%