NIXT
Research Affiliates Deletions ETF
📎 Investment Objective
The NIXT ETF seeks to provide exposure to a portfolio of stocks that have been deleted from the Research Affiliates Fundamental Index.
Overview
ETF tracking Research Affiliates Deletions ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The NIXT ETF seeks to provide exposure to a portfolio of stocks that have been deleted from the Research Affiliates Fundamental Index.
🎯 Investment Strategy
The fund tracks the Research Affiliates Deletions Index, which consists of stocks that have been removed from the Research Affiliates Fundamental Index due to changes in their fundamental characteristics. The ETF aims to capture the performance of these 'deleted' stocks.
✨ Key Features
- Provides exposure to a unique segment of the market - stocks that have been removed from a fundamentally-weighted index
- Employs a passive, index-tracking approach
- Extremely low expense ratio of 0.00%
- Very small asset base of $0
⚠️ Primary Risks
- Potential for higher volatility and risk compared to the broader market, as the fund is focused on a niche segment
- Lack of performance history and track record, as the fund is very new
- Low trading volume and liquidity, which could impact the ability to buy and sell shares efficiently
- Concentration risk, as the fund holds a limited number of stocks
👤 Best For
This ETF may be suitable for investors seeking exposure to a unique market segment as part of a diversified portfolio, and who have a higher risk tolerance. However, given the fund's very small size, limited history, and niche focus, it is generally better suited for experienced investors who understand the risks involved.