# Research Affiliates Deletions ETF (NIXT): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nixt for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: RAFI Indices · Asset class: Equity - Strategy: Thematic · Inception: 2024-09-09 The NIXT Exchange Traded Fund (ETF) is designed to mirror the performance of an index composed of U.S. small and mid-capitalization equities that have recently been delisted from their primary benchmark indices, all while undergoing a rigorous quality assessment. The underlying strategy aims to capitalize on a potential long-term rebound in the value of these previously underperforming or overlooked companies. The index's investment universe originates from the top 500 and top 1000 U.S. companies within the RAFI Global Equity Investable Universe (GEIU), which are constituents of the Cap-Wei... ## Key Facts | Metric | Value | |---|---| | Price | $35.22 | | Expense Ratio | 0.19% | | Assets Under Management | $50.4M | | NAV | $35.22 | | Holdings Count | 0 | | Distribution Yield (TTM) | 1.19% | | Annual Distribution (TTM) | $0.42 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $23.83 – $35.39 | | Beta | 1.06 | ## Latest Distribution - Amount: $0.0909 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does NIXT invest in? The NIXT Exchange Traded Fund (ETF) is designed to mirror the performance of an index composed of U.S. small and mid-capitalization equities that have recently been delisted from their primary benchmark indices, all while undergoing a rigorous quality assessment. The underlying strategy aims to capitalize on a potential long-term rebound in the value of these previously underperforming or overlooked companies. The index's investment universe originates from the top 500 and top 1000 U.S. companies within the RAFI Global Equity Investable Universe (GEIU), which are constituents of the Cap-Weight 500 and Cap-Weight 1000 benchmark indices. Utilizing a five-year look-back period, the methodology identifies the smallest companies or those that have fallen out of these benchmarks. These identified firms are then scored and ranked based on several quality indicators, including debt coverage ratio, equity and debt issuance activities, changes in leverage, total shareholder payouts, and net payouts. The top 80% of these quality-screened companies are subsequently admitted to the index, where they are equally weighted. Once included, a company typically maintains its position for a five-year duration, unless its market capitalization recovers sufficiently to allow re-entry into one of the original benchmark indices. The index undergoes its annual reconstitution process in April, with rebalancing of weights occurring in May. ### What is the expense ratio of NIXT? Research Affiliates Deletions ETF (NIXT) charges an expense ratio of 0.19%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is NIXT? Research Affiliates Deletions ETF (NIXT) manages $50.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is NIXT actively managed or an index fund? NIXT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was NIXT launched? Research Affiliates Deletions ETF (NIXT) launched in September 2024 and is managed by RAFI Indices. ### How has NIXT performed? NIXT's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does NIXT pay a dividend? Research Affiliates Deletions ETF (NIXT) currently distributes little or no income. Trailing-twelve-month yield is 1.19%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does NIXT pay dividends? Research Affiliates Deletions ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is NIXT's dividend yield? NIXT's trailing-twelve-month yield is 1.19%, calculated from the sum of dividends over the past year divided by the current price. ### When is NIXT's next ex-dividend date? The most recently announced ex-dividend date for NIXT was 2026-09-28. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will NIXT's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.19% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NIXT charge its expense ratio? The expense ratio is deducted in tiny daily slices from NIXT's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NIXT cost more than a fund like VOO? NIXT's strategy (current expense ratio 0.19%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where NIXT sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to NIXT? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as NIXT (0.19%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nixt - Distribution history: https://www.dividenddata.com/funds/nixt/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nixt/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nixt/expenses - Peer comparison: https://www.dividenddata.com/funds/nixt/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.