NIXT vs. CLDL ETF Comparison

Comparison of Research Affiliates Deletions ETF (NIXT) to Direxion Daily Cloud Computing Bull 2X Shares (CLDL)

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

CLDL

Direxion Daily Cloud Computing Bull 2X Shares

CLDL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.12

Average Daily Volume

17,052

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NIXT	CLDL
30 Days	2.60%	38.58%
60 Days	2.78%	54.99%
90 Days		62.98%
12 Months		77.98%

4 Overlapping Holdings

Symbol	Grade	Weight in NIXT	Weight in CLDL	Overlap
ACIW	B	1.01%	0.82%	0.82%
DBX	B	0.73%	0.99%	0.73%
PAYC	B	0.75%	1.59%	0.75%
RNG	C	0.74%	0.42%	0.42%

NIXT Overweight 133 Positions Relative to CLDL

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%
VNO	C	1.0%
VFC	C	0.99%
BFH	C	0.96%
SLG	B	0.95%
CHRW	B	0.95%
SNDR	B	0.94%
GEN	B	0.92%
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%
EQH	C	0.8%
BIO	C	0.8%
LNC	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%
PNW	A	0.76%
RL	C	0.76%
UHS	D	0.75%
CCOI	B	0.75%
REG	A	0.75%
PNM	B	0.75%
MP	C	0.75%
HIW	C	0.75%
ELS	C	0.74%
MSGS	A	0.74%
TNL	A	0.74%
JWN	D	0.74%
FL	F	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%
AVT	C	0.67%
CNA	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%
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%
ALLY	C	0.59%
SPR	D	0.59%
HLF	C	0.58%
HST	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%
MOS	F	0.5%
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 43 Positions Relative to CLDL

Symbol	Grade	Weight
MSTR	B	-6.88%
ORCL	A	-4.85%
NOW	A	-4.5%
TEAM	A	-4.23%
SAP	B	-3.97%
ADSK	A	-3.85%
CRM	B	-3.6%
CRWD	B	-3.5%
ADBE	C	-3.47%
VEEV	C	-3.32%
WDAY	B	-3.28%
SNOW	B	-2.73%
ZM	C	-2.72%
ZS	B	-2.61%
NTNX	B	-2.45%
TWLO	A	-2.36%
DOCU	B	-2.3%
AKAM	D	-1.86%
PCTY	C	-1.28%
BILL	A	-1.23%
SPSC	D	-0.92%
QLYS	B	-0.76%
BOX	B	-0.67%
WK	B	-0.64%
APPF	B	-0.64%
BLKB	B	-0.51%
INFA	D	-0.46%
BL	B	-0.43%
CWAN	B	-0.42%
FRSH	B	-0.4%
ALRM	C	-0.4%
AI	B	-0.39%
FIVN	C	-0.39%
NCNO	C	-0.37%
DOCN	C	-0.28%
ZUO	B	-0.19%
PYCR	B	-0.17%
PRO	C	-0.14%
VMEO	B	-0.13%
RDWR	B	-0.12%
BLND	A	-0.1%
ENFN	B	-0.06%
SEMR	C	-0.04%