NIXT vs. XHS ETF Comparison

Comparison of Research Affiliates Deletions ETF (NIXT) to SPDR S&P Health Care Services ETF (XHS)

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

$27.29

Average Daily Volume

41,419

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

XHS

SPDR S&P Health Care Services ETF

XHS Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care providers and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care services industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$95.54

Average Daily Volume

3,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NIXT	XHS
30 Days	5.30%	2.23%
60 Days	4.25%	-1.36%
90 Days		-3.31%
12 Months		12.13%

5 Overlapping Holdings

Symbol	Grade	Weight in NIXT	Weight in XHS	Overlap
AGL	F	0.21%	1.01%	0.21%
AMED	F	0.6%	1.95%	0.6%
PINC	B	0.67%	2.35%	0.67%
SGRY	F	0.72%	1.67%	0.72%
UHS	D	0.75%	1.81%	0.75%

NIXT Overweight 132 Positions Relative to XHS

Symbol	Grade	Weight
LUMN	C	4.72%
TDS	B	1.23%
LBRDK	C	1.21%
LITE	B	1.2%
DNLI	D	1.18%
FTDR	A	1.12%
SIRI	C	1.12%
OMCL	C	1.1%
AFRM	B	1.09%
HBI	B	1.06%
ACIW	B	1.01%
VNO	B	1.0%
VFC	C	0.99%
BFH	B	0.96%
SLG	B	0.95%
CHRW	C	0.95%
SNDR	B	0.94%
GEN	B	0.92%
BKU	A	0.9%
UAA	C	0.86%
MAC	B	0.85%
CMA	A	0.84%
SHC	F	0.84%
LOPE	B	0.81%
DEI	B	0.81%
EQH	B	0.8%
BIO	D	0.8%
LNC	B	0.8%
SMTC	B	0.79%
MKTX	D	0.79%
FHB	A	0.79%
NRG	B	0.78%
BXP	D	0.78%
AMBA	B	0.78%
SABR	C	0.77%
FNF	B	0.76%
PNW	B	0.76%
RL	B	0.76%
CCOI	B	0.75%
REG	B	0.75%
PNM	F	0.75%
PAYC	B	0.75%
MP	B	0.75%
HIW	D	0.75%
ELS	C	0.74%
MSGS	A	0.74%
TNL	A	0.74%
RNG	B	0.74%
JWN	C	0.74%
FL	F	0.73%
DBX	B	0.73%
DXC	B	0.72%
TFSL	A	0.72%
CRUS	D	0.72%
RIVN	F	0.72%
YETI	C	0.71%
OGS	A	0.71%
KMX	B	0.7%
OUT	A	0.7%
NWL	B	0.7%
MASI	A	0.7%
VYX	B	0.7%
ZD	C	0.69%
SAM	C	0.69%
JBLU	F	0.68%
EPR	D	0.68%
AVT	C	0.67%
CNA	B	0.67%
EMN	D	0.66%
FRT	B	0.66%
ALE	A	0.66%
VIR	D	0.66%
JKHY	D	0.65%
GAP	C	0.65%
CTLT	B	0.65%
EQC	B	0.65%
APLE	B	0.65%
NVST	B	0.64%
HE	C	0.63%
JBGS	D	0.63%
HAS	D	0.62%
MTCH	D	0.61%
HAE	C	0.61%
PARA	C	0.61%
IAC	D	0.61%
CAR	C	0.61%
NEU	C	0.6%
ASAN	C	0.59%
CABO	C	0.59%
ALLY	C	0.59%
SPR	D	0.59%
HLF	C	0.58%
HST	C	0.58%
ARWR	F	0.58%
VAC	B	0.58%
TFX	F	0.57%
FMC	D	0.57%
PK	B	0.57%
NGVT	B	0.55%
HP	B	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	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	D	0.46%
NSP	D	0.45%
MQ	F	0.45%
AEO	F	0.45%
BBWI	D	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%

NIXT Underweight 53 Positions Relative to XHS

Symbol	Grade	Weight
HIMS	B	-2.63%
HQY	B	-2.56%
RDNT	B	-2.5%
MCK	B	-2.46%
GH	B	-2.36%
EHC	B	-2.27%
LH	C	-2.26%
CAH	B	-2.24%
SEM	B	-2.21%
DGX	A	-2.13%
RCM	F	-2.12%
COR	B	-2.12%
THC	D	-2.1%
PRVA	B	-2.1%
UNH	C	-2.09%
CHE	D	-2.05%
ENSG	D	-2.0%
CVS	D	-1.99%
DVA	B	-1.98%
HSIC	B	-1.98%
ADUS	D	-1.96%
PDCO	D	-1.87%
CI	F	-1.86%
HUM	C	-1.84%
HCA	F	-1.83%
MOH	F	-1.79%
USPH	B	-1.7%
CRVL	A	-1.65%
CNC	D	-1.63%
ELV	F	-1.55%
BKD	D	-1.48%
OMI	F	-1.48%
NEO	C	-1.45%
OPCH	D	-1.45%
MD	B	-1.41%
AHCO	F	-1.25%
CLOV	D	-1.25%
CSTL	D	-1.24%
LFST	C	-1.24%
PGNY	F	-1.21%
ALHC	C	-1.14%
AMN	F	-1.06%
ACHC	F	-1.05%
NHC	C	-1.02%
ASTH	D	-1.01%
PNTG	D	-0.71%
ACCD	D	-0.64%
OPK	C	-0.64%
CYH	F	-0.63%
CCRN	F	-0.59%
MODV	C	-0.52%
FLGT	F	-0.42%
NRC	F	-0.31%