NIXT: RESEARCH AFFILIATES DELETIONS ETF
Understanding the RESEARCH AFFILIATES DELETIONS ETF (NIXT)
The RESEARCH AFFILIATES DELETIONS ETF (ticker: NIXT) is an exchange-traded fund listed on the NASDAQ. This ETF focuses on a specific selection of companies, and as of October 2026, it shows strong recent price growth alongside regular cash distributions.
What this ETF is trying to do
NIXT is an asset-type ETF that holds a variety of different companies. While the specific strategy details are not provided, the fund manages a portfolio of 210 total holdings. Because the list provided is partial, we can only see the largest positions in the fund.
Top Holdings:
• Moderna Inc (MRNA): 1.98%
• Okta Inc Class A (OKTA): 1.34%
• Qualys Inc (QLYS): 1.02%
• Insight Enterprises Inc (NSIT): 1.01%
• MRVI: 0.98%
• RingCentral Inc Class A (RNG): 0.88%
• ManpowerGroup Inc (MAN): 0.87%
• Avantor Inc (AVTR): 0.85%
• CRL: 0.84%
• Tenable Holdings Inc (TENB): 0.83%
*Note: Holdings can change over time. This list is partial.*
What the numbers show
When looking at how NIXT has performed, it is important to distinguish between price return (the change in the share price) and total return (which includes the value of distributions).
• Year-to-Date (YTD): The price return is approximately 26.36%, while the total return is approximately 27.59%.
• One-Year Performance: The one-year price return is approximately 26.65%. The one-year total return is higher, at approximately 28.46%.
To visualize the price change, we can look at an estimated price from roughly one year ago. The price was approximately $26.38, and the current price is $33.41.
Income and distribution explanation
NIXT provides cash to investors through distributions. The current distribution yield is approximately 1.26%. This means the cash paid out is about 1.26% of the current share price.
The fund usually pays these distributions on a quarterly basis, with 4 payments recorded over the last 12 months. Most of these payments have historically been made on Mondays.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price erosion (the decline in the market price of the shares), the data shows no issues. The erosion score is 100, which is labeled as "No price erosion detected," and the erosion severity is rated as "good." There is no severe erosion-risk flag for this ETF.
Pros
• Strong Price Growth: The fund has seen significant price increases both year-to-date and over the last year.
• Positive Total Returns: The total return is higher than the price return, meaning distributions have added value to the overall performance.
• Low Erosion Risk: The data indicates no detected price erosion.
Cons
• Partial Data: We only have a partial view of the 210 total holdings.
• Yield Level: The distribution yield is relatively low at approximately 1.26%.
Beginner takeaway
NIXT has recently experienced significant growth in its share price. While it does pay regular quarterly distributions, the primary driver of recent performance has been the increase in the share price itself. Because the total return is higher than the price return, the distributions have acted as a helpful addition to the fund's overall value.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | MODERNA INC | MRNA | 1.98% |
| 2 | OKTA INC CLASS A | OKTA | 1.34% |
| 3 | QUALYS INC | QLYS | 1.02% |
| 4 | INSIGHT ENTERPRISES INC | NSIT | 1.01% |
| 5 | n/a | MRVI | 0.98% |
| 6 | RINGCENTRAL INC CLASS A | RNG | 0.88% |
| 7 | MANPOWERGROUP INC | MAN | 0.87% |
| 8 | AVANTOR INC | AVTR | 0.85% |
| 9 | n/a | CRL | 0.84% |
| 10 | TENABLE HOLDINGS INC | TENB | 0.83% |