AFLG vs. NIXT ETF Comparison

Comparison of Active Factor Large Cap ETF (AFLG) to Research Affiliates Deletions ETF (NIXT)

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.62

Average Daily Volume

35,473

Number of Holdings ^*

247

* 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

$26.82

Average Daily Volume

42,775

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	AFLG	NIXT
30 Days	3.17%	2.60%
60 Days	5.70%	2.78%
90 Days	7.56%
12 Months	37.23%

13 Overlapping Holdings

Symbol	Grade	Weight in AFLG	Weight in NIXT	Overlap
BBWI	C	0.13%	0.43%	0.13%
CNA	C	0.41%	0.67%	0.41%
DXC	B	0.09%	0.72%	0.09%
EQH	C	0.0%	0.8%	0.0%
ETSY	D	0.09%	0.47%	0.09%
GEN	B	0.1%	0.92%	0.1%
HST	C	0.39%	0.58%	0.39%
MOS	F	0.03%	0.5%	0.03%
MTCH	D	0.26%	0.61%	0.26%
NRG	B	0.8%	0.78%	0.78%
QRVO	F	0.05%	0.34%	0.05%
RL	C	0.83%	0.76%	0.76%
UHS	D	0.93%	0.75%	0.75%

AFLG Overweight 234 Positions Relative to NIXT

Symbol	Grade	Weight
AAPL	C	6.85%
NVDA	B	5.38%
MSFT	D	4.59%
GOOGL	C	2.07%
META	D	1.84%
AMZN	C	1.8%
BRK.A	B	1.55%
AVGO	D	1.38%
VST	A	1.18%
APP	B	1.13%
HIG	B	1.09%
QCOM	F	0.95%
MO	A	0.95%
COST	A	0.9%
ABBV	F	0.85%
NFLX	A	0.82%
FICO	B	0.81%
PG	C	0.81%
AFL	B	0.75%
BK	A	0.73%
PGR	A	0.73%
XOM	B	0.73%
ELV	F	0.72%
JNJ	C	0.71%
CTAS	B	0.71%
EME	A	0.68%
RS	B	0.67%
BSX	A	0.66%
MRK	D	0.64%
SNA	A	0.63%
CRM	B	0.62%
CEG	C	0.62%
GILD	C	0.62%
NTAP	C	0.62%
APH	A	0.6%
FFIV	B	0.6%
BMY	B	0.59%
COR	B	0.58%
SPG	A	0.58%
CAT	B	0.58%
WMT	A	0.58%
CL	D	0.57%
MMM	D	0.56%
CMCSA	B	0.56%
ETN	A	0.56%
FOXA	A	0.55%
ECL	D	0.54%
PEG	A	0.54%
GDDY	A	0.53%
PHM	D	0.53%
FE	C	0.52%
MCK	A	0.52%
MAS	D	0.52%
CMI	A	0.51%
HPQ	B	0.5%
KR	B	0.49%
TT	A	0.49%
BBY	D	0.48%
CTSH	B	0.47%
MAA	B	0.47%
NVR	D	0.47%
STLD	B	0.47%
LLY	F	0.46%
VZ	C	0.46%
CSCO	B	0.45%
TPR	B	0.44%
HWM	A	0.44%
CVX	A	0.43%
IBM	C	0.43%
GRMN	B	0.42%
VICI	C	0.42%
PCAR	B	0.41%
CSL	C	0.41%
AXP	A	0.41%
AOS	F	0.4%
ICE	C	0.4%
GLPI	C	0.4%
WAB	B	0.39%
MSI	B	0.39%
CF	A	0.39%
NUE	C	0.39%
RHI	C	0.38%
FIS	C	0.37%
AMAT	F	0.37%
TJX	A	0.37%
IBKR	A	0.37%
LMT	D	0.36%
CBOE	C	0.36%
OC	A	0.36%
HSIC	C	0.36%
TMUS	B	0.35%
HLT	A	0.35%
PKG	A	0.35%
PM	B	0.34%
TRGP	A	0.34%
BLDR	D	0.34%
LOW	C	0.33%
DHI	F	0.33%
LEN	D	0.33%
KO	D	0.33%
IP	A	0.33%
WELL	A	0.32%
CMG	B	0.32%
ADBE	C	0.31%
V	A	0.3%
DVN	F	0.3%
OGN	F	0.3%
WSM	C	0.3%
BRO	B	0.3%
VLO	C	0.3%
EA	A	0.3%
BKNG	A	0.29%
SYF	B	0.29%
AIG	B	0.28%
EVRG	A	0.28%
DECK	A	0.28%
UNH	B	0.28%
WU	F	0.28%
RF	A	0.28%
VSCO	C	0.27%
CFG	B	0.27%
MANH	D	0.26%
SOLV	D	0.26%
ED	C	0.25%
LII	A	0.25%
ZM	C	0.25%
INCY	C	0.25%
PH	A	0.24%
ERIE	D	0.24%
FDX	B	0.24%
CME	B	0.23%
ALNY	D	0.23%
BAH	F	0.22%
EXPE	B	0.22%
ACN	B	0.22%
EIX	B	0.22%
WPC	C	0.21%
VTR	B	0.21%
VRSN	C	0.21%
MA	B	0.21%
KEYS	A	0.21%
SWKS	F	0.21%
SHW	B	0.2%
TROW	B	0.2%
GWW	B	0.2%
JBL	C	0.19%
PPG	F	0.19%
NWSA	A	0.19%
CNC	D	0.19%
CVS	D	0.18%
L	A	0.18%
T	A	0.18%
AZO	C	0.18%
ACGL	C	0.18%
BEN	C	0.17%
LKQ	F	0.17%
GE	D	0.16%
AMP	A	0.16%
LDOS	C	0.16%
TOL	B	0.16%
HUM	C	0.16%
GL	C	0.16%
EG	C	0.15%
VRT	B	0.15%
ULTA	F	0.15%
SYK	B	0.15%
CPT	B	0.15%
AIZ	A	0.15%
CI	D	0.15%
DELL	B	0.14%
IT	C	0.13%
SO	C	0.13%
ANET	C	0.13%
RPM	A	0.12%
FI	A	0.12%
MPC	D	0.12%
KHC	F	0.11%
CAH	B	0.11%
KLAC	F	0.11%
SCCO	F	0.11%
EQR	C	0.1%
LH	B	0.1%
VTRS	A	0.1%
RMD	C	0.1%
EBAY	D	0.1%
PSX	C	0.09%
J	D	0.09%
PRU	A	0.09%
CRBG	B	0.09%
MOH	F	0.09%
SSNC	B	0.09%
ALL	A	0.08%
TPL	A	0.08%
TXT	D	0.08%
SPGI	C	0.08%
LYB	F	0.07%
IPG	D	0.07%
CVNA	B	0.07%
DINO	D	0.06%
ROL	B	0.06%
SNPS	B	0.06%
ADM	D	0.06%
WSO	A	0.06%
DASH	B	0.06%
BG	D	0.06%
ZION	B	0.06%
ORLY	B	0.06%
PPL	A	0.05%
UTHR	C	0.05%
UDR	B	0.05%
DPZ	C	0.05%
NXPI	D	0.05%
ESS	B	0.05%
AVB	B	0.05%
MCO	B	0.05%
CDNS	B	0.05%
WTW	B	0.05%
KMB	C	0.05%
PSA	C	0.05%
STT	B	0.05%
EPAM	B	0.05%
BWA	D	0.04%
WBA	F	0.04%
PINS	F	0.04%
AMCR	C	0.04%
PFG	D	0.04%
HOLX	D	0.04%
ROST	D	0.04%
MET	A	0.04%
DKS	D	0.04%
IVZ	B	0.04%
CDW	F	0.03%
ALLE	C	0.01%
TDG	D	0.0%

AFLG Underweight 124 Positions Relative to NIXT

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%
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%
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%
PNW	A	-0.76%
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%
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%
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%
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%
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%
ZI	D	-0.5%
PLUG	F	-0.5%
HTZ	C	-0.49%
CBRL	C	-0.48%
ACLS	F	-0.48%
KSS	F	-0.47%
NTLA	F	-0.47%
CRI	F	-0.46%
NSP	F	-0.45%
MQ	D	-0.45%
AEO	F	-0.45%
HELE	C	-0.43%
MRVI	F	-0.42%
LEG	F	-0.4%
XRX	F	-0.4%
CVI	F	-0.37%
XRAY	F	-0.36%
TRIP	F	-0.33%
SVC	F	-0.29%
SAGE	F	-0.25%
AGL	F	-0.21%