NIXT - ETF AI Analysis
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Research Affiliates Deletions ETF (NIXT)
Rating:62Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past month, three months, and year to date, indicating solid recent momentum.
Leading Holdings Performing Well
Several of the top positions, including the largest holding and others in the top 10, have delivered strong year-to-date gains that support the fund’s overall results.
Low Expense Ratio
The fund’s relatively low expense ratio helps investors keep more of the returns generated by its holdings.
Negative Factors
High U.S. Concentration
With almost all assets invested in U.S. companies, the ETF offers little geographic diversification and is heavily tied to the U.S. market.
Sector Tilts Toward Growth Areas
Large allocations to technology, health care, and consumer cyclical stocks may make the fund more sensitive to swings in growth-oriented sectors.
Moderate Concentration in Top Holding
The largest position takes up a noticeable share of the portfolio, which increases the impact that a downturn in this single stock could have on the fund.
NIXT vs. SPDR S&P 500 ETF (SPY)
AUM39.42M
RegionNorth America
Expense Ratio0.19%
Beta1.06
IssuerRAFI Indices
Inception DateSep 09, 2024
Dividend Yield1.32%
Asset ClassEquity
Index TrackedResearch Affiliates Deletions Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,616
30 Day Avg. Volume2,045
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
37.22Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering208
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NIXT Summary
The Research Affiliates Deletions ETF (NIXT) tracks the Research Affiliates Deletions Index, which focuses on U.S. stocks that were recently removed from major stock indexes. It holds a mix of smaller and mid-sized companies across many sectors, including technology, health care, and consumer businesses. Well-known names in the fund include Avis Budget and Plug Power. Someone might invest in NIXT to seek long-term growth from overlooked companies that may be undervalued and to diversify beyond the biggest, most popular stocks. A key risk is that these deleted stocks can be more volatile and may underperform the broader market.
How much will it cost me?The Research Affiliates Deletions ETF (NIXT) has an expense ratio of 0.09%, meaning you’ll pay $0.90 per year for every $1,000 invested. This is lower than average because it’s a passively managed fund, which typically has lower costs compared to actively managed funds.
What would affect this ETF?The NIXT ETF, with its focus on undervalued stocks recently removed from major indices, could benefit from a rebound in overlooked sectors like Technology and Health Care, which make up a significant portion of its holdings. However, economic uncertainty, rising interest rates, or regulatory changes affecting smaller or value-oriented companies could negatively impact its performance. Its U.S.-centric exposure also ties its success closely to the health of the domestic economy.
NIXT Top 10 Holdings
NIXT’s story is all about beaten-down U.S. names trying to stage a comeback, with a clear tilt toward tech and health care. Synaptics and Moderna have been rising sharply, giving the fund a helpful tailwind, while Okta and Insight Enterprises add steady tech muscle as sentiment improves around their growth stories. On the flip side, Maravai Lifesciences and Integra Lifesciences are still lagging, acting like sandbags on the health care side. Enphase Energy has been choppy, occasionally dragging performance, underscoring the fund’s contrarian, high-volatility flavor.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Tenable Holdings | 0.87% | $343.54K | $4.32B | 18.36% | 61 Neutral | |
| Okta | 0.86% | $339.50K | $24.25B | 69.72% | 75 Outperform | |
| Integra Lifesciences | 0.82% | $321.61K | $1.45B | 56.73% | 45 Neutral | |
| Qualys | 0.80% | $316.83K | $5.34B | 19.18% | 78 Outperform | |
| Maravai Lifesciences Holdings | 0.78% | $305.52K | $1.64B | 138.20% | 49 Neutral | |
| Insight Enterprises | 0.75% | $296.53K | $3.67B | -12.71% | 62 Neutral | |
| Moderna | 0.70% | $274.99K | $26.59B | 112.19% | 59 Neutral | |
| CommVault Systems | 0.70% | $274.64K | $6.16B | -10.86% | 65 Neutral | |
| Immunovant | 0.67% | $263.91K | $7.95B | 108.18% | 45 Neutral | |
| Charles River Labs | 0.64% | $252.08K | $11.07B | 49.73% | 60 Neutral |
NIXT Technical Analysis
Positive
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Price Trends
31.36
Positive
29.88
Positive
28.18
Positive
Market Momentum
0.44
Negative
58.67
Neutral
59.83
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NIXT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 32.02, equal to the 50-day MA of 31.36, and equal to the 200-day MA of 28.18, indicating a bullish trend. The MACD of 0.44 indicates Negative momentum. The RSI at 58.67 is Neutral, neither overbought nor oversold. The STOCH value of 59.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NIXT.
NIXT Peer Comparison
Comparison Results
Performance Comparison
NIXT
Research Affiliates Deletions ETF
32.58
7.69
30.90%
CVSM
CresAlta Small and Mid-Cap ETF
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OASC
OneAscent Small Cap Core ETF
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SMOX
Horizon Small/Mid Cap Core Equity ETF
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DEEP
Roundhill Acquirers Deep Value ETF
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EPSV
Harbor SMID Cap Value ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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