NIXT vs. QQQJ ETF Comparison

Comparison of Research Affiliates Deletions ETF (NIXT) to Invesco NASDAQ Next Gen 100 ETF (QQQJ)

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

QQQJ

Invesco NASDAQ Next Gen 100 ETF

QQQJ Description

The Invesco NASDAQ Next Gen 100 Fund (Fund) is based on the NASDAQ Next Generation 100 Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is comprised of securities of the next generation of Nasdaq-listed non-financial companies; that is, the largest 100 Nasdaq-listed companies outside of the NASDAQ-100 Index®. The Fund and Index are rebalanced quarterly and reconstituted annually.

Grade (RS Rating)

Last Trade

$31.45

Average Daily Volume

77,771

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NIXT	QQQJ
30 Days	2.60%	3.43%
60 Days	2.78%	6.12%
90 Days		7.69%
12 Months		26.04%

9 Overlapping Holdings

Symbol	Grade	Weight in NIXT	Weight in QQQJ	Overlap
CHRW	B	0.95%	0.83%	0.83%
ETSY	D	0.47%	0.37%	0.37%
GEN	B	0.92%	1.17%	0.92%
JKHY	D	0.65%	0.79%	0.65%
LBRDK	C	1.21%	0.7%	0.7%
LCID	F	0.51%	0.39%	0.39%
MTCH	D	0.61%	0.51%	0.51%
QRVO	F	0.34%	0.4%	0.34%
RIVN	F	0.72%	0.65%	0.65%

NIXT Overweight 128 Positions Relative to QQQJ

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%
SLG	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%
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%
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%
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%
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%
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%
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%
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%
TRIP	F	0.33%
SVC	F	0.29%
SAGE	F	0.25%
AGL	F	0.21%

NIXT Underweight 88 Positions Relative to QQQJ

Symbol	Grade	Weight
APP	B	-5.34%
AXON	A	-2.89%
ALNY	D	-2.09%
EBAY	D	-1.93%
TSCO	D	-1.89%
UAL	A	-1.89%
MPWR	F	-1.78%
NTAP	C	-1.53%
PTC	B	-1.45%
EXPE	B	-1.43%
TCOM	B	-1.4%
ZM	C	-1.37%
WDC	D	-1.37%
STLD	B	-1.34%
FSLR	F	-1.32%
ZBRA	B	-1.29%
STX	C	-1.29%
CHKP	C	-1.27%
DKNG	B	-1.26%
ARGX	B	-1.2%
JBHT	C	-1.19%
PODD	C	-1.16%
SSNC	B	-1.15%
VRSN	C	-1.14%
HOLX	D	-1.14%
ULTA	F	-1.14%
GRAB	A	-1.14%
NTNX	B	-1.11%
TER	F	-1.1%
UTHR	C	-1.09%
TRMB	B	-1.09%
MANH	D	-1.08%
ALGN	D	-1.05%
DOCU	B	-1.04%
ICLR	D	-1.04%
JD	D	-1.01%
ENTG	D	-0.97%
LNT	A	-0.96%
INCY	C	-0.95%
CASY	A	-0.95%
VTRS	A	-0.95%
FLEX	B	-0.94%
NDSN	B	-0.93%
SAIA	B	-0.91%
EVRG	A	-0.91%
FFIV	B	-0.89%
BSY	F	-0.88%
SNY	F	-0.88%
POOL	C	-0.86%
AKAM	D	-0.85%
SWKS	F	-0.85%
Z	A	-0.8%
BMRN	F	-0.79%
OKTA	C	-0.79%
NBIX	C	-0.78%
LOGI	D	-0.76%
BIDU	F	-0.75%
LECO	C	-0.74%
TECH	F	-0.73%
PCTY	C	-0.72%
RPRX	D	-0.72%
NWSA	A	-0.7%
TTEK	F	-0.69%
FOXA	A	-0.67%
MEDP	D	-0.66%
FOX	A	-0.66%
WWD	C	-0.65%
CHDN	B	-0.65%
WYNN	C	-0.65%
BNTX	C	-0.64%
LKQ	F	-0.64%
NTES	D	-0.64%
DOX	D	-0.62%
ROKU	D	-0.6%
NICE	D	-0.58%
BGNE	D	-0.54%
ENPH	F	-0.54%
APA	D	-0.53%
CZR	F	-0.53%
HSIC	C	-0.53%
BRKR	D	-0.52%
RGEN	D	-0.5%
OTEX	F	-0.49%
JAZZ	B	-0.48%
LSCC	D	-0.44%
NWS	A	-0.38%
FIVE	F	-0.31%
ZG	A	-0.25%