Key stats
About Research Affiliates Deletions ETF
Home page
Inception date
Sep 9, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
ISIN
US02072L2271
NIXT tracks an index of recently deleted US small- and mid-cap stocks screened for quality. The portfolio aims to benefit from a potential long-term reversal in the performance of these deleted stocks. The index is constructed from a pool of the top 1000 and top 500 US companies in the RAFI Global Equity Investable Universe (GEIU), which are maintained in two benchmark indices, the Cap-Weight 500 and Cap-Weight 1000. Using a five-year look-back period, the smallest stocks or those that have fallen out of the benchmark indices are identified, scored, and ranked for quality using the following metrics: debt coverage ratio, equity issuance, debt issuance, change in leverage, total payout, and net payout. The top 80% are added to the index and are equally weighted. Companies in the index have a 5-year holding period and are removed if their market cap has risen enough to re-qualify for the benchmark indexes. The index is reconstituted annually in April and rebalanced in May.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Health Technology
Stocks99.58%
Technology Services13.31%
Finance12.06%
Health Technology12.00%
Retail Trade8.68%
Electronic Technology7.22%
Consumer Non-Durables5.67%
Consumer Durables5.53%
Process Industries5.07%
Producer Manufacturing4.98%
Consumer Services4.81%
Commercial Services3.18%
Health Services3.14%
Energy Minerals3.11%
Utilities2.82%
Communications2.00%
Distribution Services1.80%
Transportation1.41%
Non-Energy Minerals1.40%
Industrial Services1.38%
Bonds, Cash & Other0.42%
Mutual fund0.31%
Cash0.11%
Stock breakdown by region
North America98.30%
Europe1.70%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NIXT invests in stocks. The fund's major sectors are Technology Services, with 13.31% stocks, and Finance, with 12.06% of the basket. The assets are mostly located in the North America region.
NIXT top holdings are MP Materials Corp Class A and Lumentum Holdings, Inc., occupying 1.40% and 1.39% of the portfolio correspondingly.
NIXT last dividends amounted to 0.13 USD. The quarter before, the issuer paid 0.08 USD in dividends, which shows a 37.89% increase.
NIXT assets under management is 36.90 M USD. It's risen 9.20% over the last month.
NIXT fund flows account for 36.59 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NIXT pays dividends to its holders with the dividend yield of 2.87%. The last dividend (Jun 30, 2025) amounted to 0.13 USD. The dividends are paid quarterly.
NIXT shares are issued by Empirical Finance LLC under the brand RAFI Indices. The ETF was launched on Sep 9, 2024, and its management style is Passive.
NIXT expense ratio is 0.09% meaning you'd have to pay 0.09% of your investment to help manage the fund.
NIXT follows the Research Affiliates Deletions Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NIXT invests in stocks.
NIXT price has risen by 7.97% over the last month, and its yearly performance shows a 5.14% increase. See more dynamics on NIXT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.72% over the last month, showed a 8.85% increase in three-month performance and has increased by 3.95% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.72% over the last month, showed a 8.85% increase in three-month performance and has increased by 3.95% in a year.
NIXT trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.