NIXT vs. AUSF ETF Comparison

Comparison of Research Affiliates Deletions ETF (NIXT) to Global X Adaptive U.S. Factor ETF (AUSF)

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

$27.30

Average Daily Volume

42,775

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.59

Average Daily Volume

36,827

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

Performance

Period	NIXT	AUSF
30 Days	2.60%	2.63%
60 Days	2.78%	4.88%
90 Days		5.86%
12 Months		31.88%

14 Overlapping Holdings

Symbol	Grade	Weight in NIXT	Weight in AUSF	Overlap
ALLY	C	0.59%	0.52%	0.52%
AVT	C	0.67%	0.48%	0.48%
CMA	B	0.84%	0.55%	0.55%
CTLT	C	0.65%	0.07%	0.07%
EMN	C	0.66%	0.45%	0.45%
FMC	D	0.57%	0.44%	0.44%
GAP	C	0.65%	0.49%	0.49%
HST	C	0.58%	0.5%	0.5%
LBRDK	C	1.21%	0.59%	0.59%
LNC	C	0.8%	0.54%	0.54%
MOS	F	0.5%	0.48%	0.48%
NOV	C	0.54%	0.52%	0.52%
PNW	A	0.76%	0.08%	0.08%
SLG	B	0.95%	0.49%	0.49%

NIXT Overweight 123 Positions Relative to AUSF

Symbol	Grade	Weight
LUMN	C	4.72%
TDS	B	1.23%
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%
CHRW	B	0.95%
SNDR	B	0.94%
GEN	B	0.92%
BKU	A	0.9%
UAA	C	0.86%
MAC	B	0.85%
SHC	F	0.84%
LOPE	C	0.81%
DEI	B	0.81%
EQH	C	0.8%
BIO	C	0.8%
SMTC	B	0.79%
MKTX	D	0.79%
FHB	B	0.79%
NRG	B	0.78%
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%
CNA	C	0.67%
PINC	B	0.67%
FRT	B	0.66%
ALE	A	0.66%
VIR	D	0.66%
JKHY	D	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%
SPR	D	0.59%
HLF	C	0.58%
ARWR	D	0.58%
VAC	C	0.58%
TFX	F	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%
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%
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 176 Positions Relative to AUSF

Symbol	Grade	Weight
T	A	-1.81%
VZ	C	-1.72%
TMUS	B	-1.58%
RSG	A	-1.53%
COR	B	-1.52%
V	A	-1.5%
WMT	A	-1.5%
BSX	A	-1.49%
BRK.A	B	-1.46%
ADP	A	-1.45%
LMT	D	-1.45%
GD	D	-1.45%
JNPR	D	-1.44%
RTX	D	-1.42%
MMC	B	-1.41%
CSCO	B	-1.41%
ICE	C	-1.39%
WM	B	-1.39%
EA	A	-1.37%
CME	B	-1.36%
DOX	D	-1.36%
LIN	C	-1.34%
IBM	C	-1.32%
JNJ	C	-1.31%
ACI	C	-1.29%
EDR	A	-1.27%
KO	D	-1.01%
MRK	D	-0.99%
CBOE	C	-0.88%
BR	A	-0.83%
PG	C	-0.79%
MCD	D	-0.71%
DTM	A	-0.67%
PEP	F	-0.67%
MARA	B	-0.67%
UNM	A	-0.63%
KMI	A	-0.63%
MO	A	-0.62%
IP	A	-0.57%
COLB	B	-0.57%
TPR	B	-0.57%
UMBF	B	-0.57%
ONB	C	-0.57%
SYF	B	-0.57%
ZION	B	-0.56%
UBSI	B	-0.56%
FNB	A	-0.56%
FHN	A	-0.56%
WBS	A	-0.56%
PB	B	-0.55%
HBAN	A	-0.55%
JXN	C	-0.55%
PVH	C	-0.55%
ABG	C	-0.55%
CADE	B	-0.55%
RF	A	-0.54%
WHR	B	-0.54%
OKE	A	-0.54%
VTRS	A	-0.54%
CFG	B	-0.54%
AL	B	-0.54%
LAD	A	-0.54%
PCAR	B	-0.54%
HPE	B	-0.54%
C	A	-0.53%
GM	C	-0.53%
INTC	C	-0.53%
OZK	B	-0.53%
TAP	C	-0.53%
BEN	C	-0.52%
HPQ	B	-0.52%
BCC	B	-0.51%
CMCSA	B	-0.51%
AM	A	-0.51%
QGEN	D	-0.5%
BWA	D	-0.5%
CHE	D	-0.5%
RDN	D	-0.49%
X	B	-0.49%
CIVI	D	-0.49%
SOLV	D	-0.48%
M	F	-0.48%
SNX	D	-0.48%
NXST	C	-0.48%
CNC	D	-0.48%
TDG	D	-0.48%
CHRD	D	-0.48%
SON	F	-0.47%
WBA	F	-0.47%
BBY	D	-0.47%
KRC	B	-0.47%
STWD	C	-0.47%
AGNC	C	-0.47%
CRBG	B	-0.47%
DINO	D	-0.47%
BG	D	-0.47%
VICI	C	-0.46%
RPRX	D	-0.46%
CVS	D	-0.46%
UGI	C	-0.46%
LYB	F	-0.46%
MDT	D	-0.46%
RNR	C	-0.46%
CNH	C	-0.45%
LEA	F	-0.45%
HOG	D	-0.45%
CAG	F	-0.45%
KHC	F	-0.44%
OGN	F	-0.44%
PFE	F	-0.44%
SWKS	F	-0.44%
ADM	D	-0.44%
WU	F	-0.44%
HII	F	-0.44%
ARW	D	-0.43%
DOW	F	-0.42%
CE	F	-0.29%
YUM	D	-0.26%
CACI	D	-0.22%
PGR	A	-0.18%
ABBV	F	-0.14%
LDOS	C	-0.13%
GRMN	B	-0.13%
TW	A	-0.13%
SO	C	-0.12%
KR	B	-0.12%
COST	A	-0.11%
TRV	B	-0.11%
CHD	A	-0.11%
VRSK	A	-0.1%
AAPL	C	-0.1%
WMB	A	-0.1%
GDDY	A	-0.1%
SNA	A	-0.1%
AFL	B	-0.1%
MCK	A	-0.09%
CVX	A	-0.09%
NOC	D	-0.09%
ATR	B	-0.09%
PKG	A	-0.09%
AME	A	-0.09%
MSI	B	-0.09%
WRB	A	-0.09%
DUK	C	-0.09%
ORI	A	-0.09%
AMGN	F	-0.08%
UNH	B	-0.08%
CI	D	-0.08%
CAH	B	-0.08%
INGR	C	-0.08%
HOLX	D	-0.08%
HIG	B	-0.08%
CB	C	-0.08%
XOM	B	-0.08%
ED	C	-0.08%
BDX	F	-0.08%
MA	B	-0.08%
VRSN	C	-0.08%
FE	C	-0.07%
MDLZ	F	-0.07%
KMB	C	-0.07%
K	A	-0.07%
CL	D	-0.07%
AJG	A	-0.07%
ATO	A	-0.07%
L	A	-0.07%
DGX	A	-0.07%
WELL	A	-0.07%
ECL	D	-0.07%
ROP	B	-0.07%
VRTX	D	-0.07%
TJX	A	-0.07%
HON	C	-0.07%
FI	A	-0.07%
REGN	F	-0.06%
AKAM	D	-0.06%