NIXT vs. SKYY ETF Comparison

Comparison of Research Affiliates Deletions ETF (NIXT) to First Trust ISE Cloud Computing Index Fund (SKYY)

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

$26.85

Average Daily Volume

43,136

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

SKYY

First Trust ISE Cloud Computing Index Fund

SKYY Description

The investment seeks investment results that correspond generally to the price and yield, before the fund's fees and expenses, of an equity index called the ISE Cloud Computing(TM) Index. The index is owned and was developed by International Securities Exchange, LLC ("ISE" or the "Index Provider"). The index Provider has contracted with Standard & Poor's to calculate and maintain the index. The index is designed to provide a benchmark for investors interested in tracking companies actively involved in the cloud computing industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$121.06

Average Daily Volume

126,990

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NIXT	SKYY
30 Days	0.23%	10.21%
60 Days	1.10%	15.54%
90 Days		21.80%
12 Months		47.49%

5 Overlapping Holdings

Symbol	Grade	Weight in NIXT	Weight in SKYY	Overlap
ASAN	C	0.59%	0.54%	0.54%
DBX	C	0.73%	0.59%	0.59%
LUMN	C	4.72%	4.38%	4.38%
PAYC	B	0.75%	0.74%	0.74%
RNG	C	0.74%	1.38%	0.74%

NIXT Overweight 132 Positions Relative to SKYY

Symbol	Grade	Weight
TDS	B	1.23%
LBRDK	C	1.21%
LITE	B	1.2%
DNLI	D	1.18%
FTDR	A	1.12%
SIRI	D	1.12%
OMCL	C	1.1%
AFRM	A	1.09%
HBI	A	1.06%
ACIW	B	1.01%
VNO	C	1.0%
VFC	C	0.99%
BFH	B	0.96%
SLG	B	0.95%
CHRW	B	0.95%
SNDR	A	0.94%
GEN	B	0.92%
BKU	A	0.9%
UAA	C	0.86%
MAC	A	0.85%
CMA	B	0.84%
SHC	F	0.84%
LOPE	B	0.81%
DEI	A	0.81%
EQH	B	0.8%
BIO	C	0.8%
LNC	B	0.8%
SMTC	B	0.79%
MKTX	D	0.79%
FHB	B	0.79%
NRG	B	0.78%
BXP	D	0.78%
AMBA	B	0.78%
SABR	C	0.77%
FNF	D	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	D	0.75%
ELS	B	0.74%
MSGS	A	0.74%
TNL	B	0.74%
JWN	D	0.74%
FL	F	0.73%
DXC	C	0.72%
SGRY	F	0.72%
TFSL	B	0.72%
CRUS	F	0.72%
RIVN	F	0.72%
YETI	D	0.71%
OGS	A	0.71%
KMX	C	0.7%
OUT	A	0.7%
NWL	B	0.7%
MASI	B	0.7%
VYX	B	0.7%
ZD	B	0.69%
SAM	C	0.69%
JBLU	F	0.68%
EPR	D	0.68%
AVT	C	0.67%
CNA	C	0.67%
PINC	B	0.67%
EMN	D	0.66%
FRT	B	0.66%
ALE	A	0.66%
VIR	F	0.66%
JKHY	D	0.65%
GAP	D	0.65%
CTLT	D	0.65%
EQC	A	0.65%
APLE	B	0.65%
NVST	C	0.64%
HE	C	0.63%
JBGS	D	0.63%
HAS	D	0.62%
MTCH	F	0.61%
HAE	C	0.61%
PARA	D	0.61%
IAC	D	0.61%
CAR	C	0.61%
AMED	F	0.6%
NEU	D	0.6%
CABO	B	0.59%
ALLY	C	0.59%
SPR	D	0.59%
HLF	C	0.58%
HST	D	0.58%
ARWR	D	0.58%
VAC	C	0.58%
TFX	F	0.57%
FMC	D	0.57%
PK	D	0.57%
NGVT	B	0.55%
HP	C	0.55%
NOMD	D	0.55%
AZTA	D	0.54%
RAMP	C	0.54%
NOV	C	0.54%
IART	C	0.52%
BMBL	C	0.52%
LCID	F	0.51%
ENOV	C	0.51%
MOS	D	0.5%
ZI	C	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	F	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	D	0.37%
XRAY	D	0.36%
QRVO	F	0.34%
TRIP	F	0.33%
SVC	F	0.29%
SAGE	F	0.25%
AGL	F	0.21%

NIXT Underweight 57 Positions Relative to SKYY

Symbol	Grade	Weight
APP	B	-4.9%
ORCL	A	-4.24%
AMZN	B	-3.79%
NTNX	B	-3.6%
ANET	D	-3.49%
GOOGL	B	-3.44%
IBM	C	-3.31%
MSFT	D	-3.27%
PSTG	F	-3.11%
MDB	C	-2.67%
TWLO	A	-2.48%
CSCO	B	-2.44%
TEAM	B	-2.42%
NET	B	-2.39%
SHOP	B	-2.36%
HUBS	A	-2.23%
CFLT	B	-2.15%
CRM	B	-2.1%
GTLB	B	-2.06%
NOW	B	-1.95%
WK	C	-1.91%
DELL	C	-1.86%
AKAM	F	-1.85%
HPE	B	-1.76%
FIVN	C	-1.63%
NTAP	C	-1.56%
ADBE	D	-1.48%
RBRK	A	-1.46%
DOCN	D	-1.39%
WIX	A	-1.18%
SAP	A	-1.12%
APPN	C	-0.9%
TOST	A	-0.87%
DOCU	B	-0.72%
QTWO	A	-0.7%
PCTY	B	-0.68%
CRWD	B	-0.66%
BL	C	-0.65%
QLYS	C	-0.64%
ZM	B	-0.64%
TTD	B	-0.64%
ESTC	C	-0.62%
SMAR	A	-0.61%
ZUO	B	-0.6%
DDOG	A	-0.6%
SNOW	C	-0.6%
INTU	B	-0.59%
PANW	A	-0.58%
VEEV	C	-0.57%
ZS	C	-0.56%
BOX	B	-0.56%
WDAY	C	-0.55%
BLKB	C	-0.54%
APPF	C	-0.54%
FSLY	F	-0.54%
SPT	C	-0.49%
OTEX	F	-0.48%