VNQ vs. NIXT ETF Comparison

Comparison of Vanguard REIT ETF - DNQ (VNQ) to Research Affiliates Deletions ETF (NIXT)

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$93.27

Average Daily Volume

3,613,998

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

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

Performance

Period	VNQ	NIXT
30 Days	-2.85%	2.45%
60 Days	-4.16%	4.82%
90 Days	3.51%
12 Months	23.16%

17 Overlapping Holdings

Symbol	Grade	Weight in VNQ	Weight in NIXT	Overlap
APLE	B	0.19%	0.65%	0.19%
BXP	D	0.66%	0.78%	0.66%
DEI	B	0.16%	0.81%	0.16%
ELS	B	0.69%	0.74%	0.69%
EPR	D	0.2%	0.68%	0.2%
EQC	C	0.12%	0.65%	0.12%
FRT	B	0.47%	0.66%	0.47%
HIW	D	0.19%	0.75%	0.19%
HST	D	0.68%	0.58%	0.58%
JBGS	F	0.08%	0.63%	0.08%
MAC	B	0.22%	0.85%	0.22%
OUT	B	0.13%	0.7%	0.13%
PK	C	0.16%	0.57%	0.16%
REG	A	0.7%	0.75%	0.7%
SLG	C	0.25%	0.95%	0.25%
SVC	F	0.04%	0.29%	0.04%
VNO	C	0.35%	1.0%	0.35%

VNQ Overweight 128 Positions Relative to NIXT

Symbol	Grade	Weight
PLD	D	6.41%
AMT	F	5.96%
EQIX	B	4.5%
WELL	B	4.11%
PSA	D	3.16%
O	D	3.03%
SPG	A	3.02%
DLR	C	2.88%
CCI	F	2.83%
EXR	D	2.09%
CBRE	B	2.09%
IRM	D	1.91%
AVB	B	1.76%
VICI	D	1.75%
CSGP	F	1.69%
VTR	C	1.42%
SBAC	D	1.41%
EQR	C	1.39%
WY	F	1.35%
INVH	D	1.18%
ESS	C	1.04%
ARE	F	1.03%
MAA	C	1.02%
SUI	F	0.92%
DOC	C	0.88%
KIM	A	0.86%
UDR	C	0.78%
GLPI	D	0.77%
WPC	F	0.75%
CPT	C	0.72%
JLL	C	0.7%
AMH	C	0.69%
CUBE	D	0.66%
LAMR	D	0.64%
REXR	F	0.6%
Z	B	0.55%
OHI	C	0.55%
NNN	F	0.49%
EGP	D	0.49%
BRX	A	0.46%
ADC	A	0.42%
COLD	F	0.42%
FR	D	0.41%
STAG	D	0.39%
TRNO	F	0.35%
EPRT	C	0.33%
RHP	B	0.33%
KRG	B	0.32%
CUZ	B	0.25%
RYN	F	0.25%
IRT	A	0.25%
PECO	B	0.25%
SBRA	C	0.24%
KRC	C	0.24%
CTRE	C	0.24%
IIPR	F	0.21%
BNL	D	0.2%
PCH	F	0.2%
SKT	A	0.2%
NHI	D	0.2%
CDP	C	0.19%
NSA	D	0.19%
ZG	B	0.19%
MPW	F	0.19%
CWK	C	0.17%
LXP	D	0.16%
FCPT	C	0.15%
COMP	B	0.14%
HHH	B	0.14%
UE	B	0.14%
AKR	B	0.13%
IVT	B	0.12%
NMRK	B	0.12%
SHO	D	0.11%
ROIC	A	0.11%
JOE	F	0.11%
DRH	C	0.1%
LTC	B	0.09%
PEB	F	0.09%
GTY	C	0.09%
GNL	F	0.09%
RDFN	D	0.08%
ALEX	B	0.08%
RLJ	C	0.08%
XHR	B	0.08%
ESRT	D	0.08%
ELME	D	0.08%
NTST	F	0.07%
KW	C	0.07%
PDM	D	0.07%
AAT	B	0.07%
UMH	C	0.07%
VRE	B	0.07%
DEA	D	0.07%
UNIT	C	0.07%
NXRT	B	0.06%
CSR	B	0.06%
EXPI	C	0.06%
OPEN	F	0.06%
AIV	D	0.06%
AHH	D	0.05%
PGRE	C	0.05%
PLYM	F	0.05%
BDN	D	0.05%
MMI	B	0.05%
GOOD	B	0.04%
FOR	F	0.04%
DHC	F	0.04%
INN	D	0.04%
OLP	B	0.03%
LAND	F	0.03%
FPI	B	0.03%
PKST	F	0.03%
CHCT	C	0.03%
BFS	C	0.03%
ALX	D	0.03%
WSR	B	0.03%
UHT	D	0.03%
HPP	F	0.03%
GMRE	F	0.03%
CBL	B	0.02%
TRC	F	0.02%
RMR	F	0.02%
CLDT	B	0.02%
OPI	F	0.01%
SRG	F	0.01%
NXDT	F	0.01%
CIO	F	0.01%

VNQ Underweight 120 Positions Relative to NIXT

Symbol	Grade	Weight
LUMN	C	-4.72%
TDS	C	-1.23%
LBRDK	C	-1.21%
LITE	B	-1.2%
DNLI	C	-1.18%
FTDR	B	-1.12%
SIRI	C	-1.12%
OMCL	C	-1.1%
AFRM	B	-1.09%
HBI	B	-1.06%
ACIW	B	-1.01%
VFC	C	-0.99%
BFH	B	-0.96%
CHRW	A	-0.95%
SNDR	B	-0.94%
GEN	B	-0.92%
BKU	A	-0.9%
UAA	B	-0.86%
CMA	A	-0.84%
SHC	D	-0.84%
LOPE	B	-0.81%
EQH	B	-0.8%
BIO	C	-0.8%
LNC	B	-0.8%
SMTC	C	-0.79%
MKTX	C	-0.79%
FHB	B	-0.79%
NRG	C	-0.78%
AMBA	C	-0.78%
SABR	B	-0.77%
FNF	C	-0.76%
PNW	A	-0.76%
RL	B	-0.76%
UHS	D	-0.75%
CCOI	C	-0.75%
PNM	B	-0.75%
PAYC	B	-0.75%
MP	C	-0.75%
MSGS	B	-0.74%
TNL	A	-0.74%
RNG	C	-0.74%
JWN	B	-0.74%
FL	F	-0.73%
DBX	B	-0.73%
DXC	B	-0.72%
SGRY	F	-0.72%
TFSL	A	-0.72%
CRUS	F	-0.72%
RIVN	F	-0.72%
YETI	D	-0.71%
OGS	B	-0.71%
KMX	B	-0.7%
NWL	B	-0.7%
MASI	B	-0.7%
VYX	B	-0.7%
ZD	B	-0.69%
SAM	B	-0.69%
JBLU	C	-0.68%
AVT	C	-0.67%
CNA	C	-0.67%
PINC	B	-0.67%
EMN	D	-0.66%
ALE	A	-0.66%
VIR	C	-0.66%
JKHY	C	-0.65%
GAP	B	-0.65%
CTLT	D	-0.65%
NVST	C	-0.64%
HE	F	-0.63%
HAS	D	-0.62%
MTCH	F	-0.61%
HAE	B	-0.61%
PARA	B	-0.61%
IAC	F	-0.61%
CAR	C	-0.61%
AMED	F	-0.6%
NEU	C	-0.6%
ASAN	C	-0.59%
CABO	B	-0.59%
ALLY	C	-0.59%
SPR	F	-0.59%
HLF	C	-0.58%
ARWR	C	-0.58%
VAC	B	-0.58%
TFX	F	-0.57%
FMC	F	-0.57%
NGVT	B	-0.55%
HP	C	-0.55%
NOMD	F	-0.55%
AZTA	F	-0.54%
RAMP	C	-0.54%
NOV	C	-0.54%
IART	C	-0.52%
BMBL	C	-0.52%
LCID	F	-0.51%
ENOV	C	-0.51%
MOS	D	-0.5%
ZI	C	-0.5%
PLUG	D	-0.5%
HTZ	C	-0.49%
CBRL	C	-0.48%
ACLS	F	-0.48%
KSS	D	-0.47%
ETSY	D	-0.47%
NTLA	F	-0.47%
CRI	D	-0.46%
NSP	F	-0.45%
MQ	F	-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	D	-0.33%
SAGE	F	-0.25%
AGL	F	-0.21%