NIXT vs. IDU ETF Comparison

Comparison of Research Affiliates Deletions ETF (NIXT) to iShares U.S. Utilities ETF (IDU)

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

IDU

iShares U.S. Utilities ETF

IDU Description

The investment seeks to track the investment results of an index composed of U.S. equities in the utilities sector. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Utilities Index (the "underlying index"), which measures the performance of the utilities sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include utilities companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$104.03

Average Daily Volume

99,322

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NIXT	IDU
30 Days	2.60%	1.12%
60 Days	2.78%	3.44%
90 Days		8.81%
12 Months		36.19%

2 Overlapping Holdings

	Symbol	Grade	Weight in NIXT	Weight in IDU	Overlap
	NRG	B	0.78%	1.37%	0.78%
	PNW	A	0.76%	0.74%	0.74%

NIXT Overweight 135 Positions Relative to IDU

Symbol	Grade	Weight
LUMN	C	4.72%
TDS	B	1.23%
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%
BFH	C	0.96%
SLG	B	0.95%
CHRW	B	0.95%
SNDR	B	0.94%
GEN	B	0.92%
BKU	A	0.9%
UAA	C	0.86%
MAC	B	0.85%
CMA	B	0.84%
SHC	F	0.84%
LOPE	C	0.81%
DEI	B	0.81%
EQH	C	0.8%
BIO	C	0.8%
LNC	C	0.8%
SMTC	B	0.79%
MKTX	D	0.79%
FHB	B	0.79%
BXP	C	0.78%
AMBA	B	0.78%
SABR	C	0.77%
FNF	B	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%
HIW	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%
YETI	D	0.71%
OGS	A	0.71%
KMX	B	0.7%
OUT	A	0.7%
NWL	C	0.7%
MASI	B	0.7%
VYX	B	0.7%
ZD	B	0.69%
SAM	C	0.69%
JBLU	F	0.68%
EPR	C	0.68%
AVT	C	0.67%
CNA	C	0.67%
PINC	B	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%
EQC	B	0.65%
APLE	B	0.65%
NVST	B	0.64%
HE	C	0.63%
JBGS	F	0.63%
HAS	D	0.62%
MTCH	D	0.61%
HAE	C	0.61%
PARA	C	0.61%
IAC	F	0.61%
CAR	C	0.61%
AMED	F	0.6%
NEU	D	0.6%
ASAN	B	0.59%
CABO	B	0.59%
ALLY	C	0.59%
SPR	D	0.59%
HLF	C	0.58%
HST	C	0.58%
ARWR	D	0.58%
VAC	C	0.58%
TFX	F	0.57%
FMC	D	0.57%
PK	C	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%
IART	C	0.52%
BMBL	C	0.52%
LCID	F	0.51%
ENOV	C	0.51%
MOS	F	0.5%
ZI	D	0.5%
PLUG	F	0.5%
HTZ	C	0.49%
CBRL	C	0.48%
ACLS	F	0.48%
KSS	F	0.47%
ETSY	D	0.47%
NTLA	F	0.47%
CRI	F	0.46%
NSP	F	0.45%
MQ	D	0.45%
AEO	F	0.45%
BBWI	C	0.43%
HELE	C	0.43%
MRVI	F	0.42%
LEG	F	0.4%
XRX	F	0.4%
CVI	F	0.37%
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 41 Positions Relative to IDU

Symbol	Grade	Weight
NEE	C	-11.18%
SO	C	-6.87%
WM	B	-6.42%
DUK	C	-6.17%
CEG	C	-5.13%
SRE	A	-4.14%
AEP	C	-3.57%
VST	A	-3.44%
D	C	-3.4%
PCG	A	-3.24%
PEG	A	-3.13%
RSG	A	-3.1%
XEL	A	-2.77%
EXC	C	-2.75%
ED	C	-2.38%
EIX	B	-2.26%
ETR	B	-2.26%
WEC	A	-2.2%
AWK	C	-1.86%
DTE	C	-1.78%
PPL	A	-1.77%
AEE	A	-1.72%
FE	C	-1.7%
ATO	A	-1.57%
ES	C	-1.56%
CMS	C	-1.45%
CNP	A	-1.37%
NI	A	-1.17%
LNT	A	-1.1%
EVRG	A	-1.01%
CLH	C	-0.92%
AES	F	-0.72%
WTRG	B	-0.7%
OGE	A	-0.6%
IDA	A	-0.43%
NFG	A	-0.4%
UGI	C	-0.35%
MDU	D	-0.26%
AGR	A	-0.18%
CWEN	C	-0.16%
CWEN	C	-0.06%