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NIXTvsFNDAETF Comparison

ETF 1
NIXT

Research Affiliates Deletions ETF

This fund is part of
US Multi-Factor
-0.6%
VS
ETF 2
FNDA

Schwab Fundamental U.S. Small Company Index ETF

This fund is part of
US Small Cap
-1.21%

Research Affiliates Deletions ETF (NIXT) belongs to the US Multi-Factor segment. Schwab Fundamental U.S. Small Company Index ETF (FNDA) is part of the US Small Cap segment. NIXT's top 3 sector exposures are Information Technology, Health Care and Consumer Discretionary. In contrast, FNDA's top sector exposures are Industrials, Financials and Information Technology. NIXT is more expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.25% for FNDA. NIXT is up 15.96% year-to-date (YTD) with -$2M in YTD flows. FNDA performs worse with 13.81% YTD performance, and +$46M in YTD flows. Run a side-by-side ETF comparison of NIXT and FNDA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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NIXT vs FNDA performance and flow charts

Performance

024681012%Apr 7Apr 14Apr 21Apr 28May 5

Cumulative Flows

-10 M0 M10 M20 MApr 7Apr 14Apr 21Apr 28May 5

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Historic performance and flows
Data as of 05/07/2026
1M3MYTD1Y3Y5Y
Perf.
NIXT
FNDA
+7.94%+8.64%
+7.50%+2.74%
+15.96%+13.81%
+37.37%+35.67%
n/a+59.22%
n/a+42.24%
Flows
NIXT
FNDA
--$12M
-$810K+$26M
-$2M+$46M
-$4M-$320M
-+$801M
-+$3.02B
Volatility and drawdown
3M1Y3Y5Y
Volatility
NIXT
FNDA
+21.49%+18.69%
+21.75%+17.76%
n/a+19.72%
n/a+20.98%
Max drawdown
NIXT
FNDA
-7.67%-9.44%
-11.73%-9.44%
n/a-25.89%
n/a-25.89%
Max drawdown duration
NIXT
FNDA
36d66d
65d66d
n/a379d
n/a379d
Trading data

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NIXT
FNDA
Last sale
5/8/2026 at 1:30 PM
$30.82
$36.02
Previous close
05/07/2026
$30.56
$35.83
Consolidated volume
05/07/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

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NIXT
FNDA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 5/8/2026 at 1:30 PM
Live
Closed
NIXT
FNDA
Last price
$30.82
$36.02
1D performance
+0.84%
+0.53%
AuM$37.29 M$10.24 B
E/R0.39%0.25%
Characteristics
NIXT
FNDA
Management strategyPassivePassive
ProviderAlpha ArchitectSchwab ETFs
BenchmarkResearch Affiliates Deletions IndexRAFI Fundamental High Liquidity US Small Index
N° of holdings147850
Asset class--
Trailing 12m distribution yield
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Inception dateSeptember 9, 2024August 15, 2013
ESGNoNo
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Exposure

Countries

NIXT
USA
95.14%
Other
4.86%
FNDA
USA
95.1%
Other
4.9%

Sectors

NIXT
Information Techn.
22.41%
Health Care
17.87%
Consumer Discreti.
16.87%
Industrials
7.41%
Materials
7.19%
Other
28.25%
FNDA
Industrials
17.47%
Financials
14.68%
Information Techn.
12.66%
Consumer Discreti.
11.9%
Real Estate
7.84%
Other
35.46%
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Diversification

NIXT

Total weight of top 15 holdings out of 15

23.77%
FNDA

Total weight of top 15 holdings out of 15

6.11%

Top 15 holdings

Data as of March 31, 2026
NIXT
LUMENTUM HOLDINGS
6.07%
ARROWHEAD PHARMACEUTICALS INC
2.33%
PBF ENERGY INC (ORDINARY)
1.65%
SEMTECH
1.45%
PLUG POWER
1.35%
WEATHERFORD INTL PLC
1.26%
MURPHY OIL
1.15%
SILICON LABS
1.13%
HERBALIFE NUTRITION
1.13%
PATTERSON UTI
1.10%
MP MATERIALS CORPORATION
1.05%
AXCELIS TECHNOLOGIES
1.03%
KOHL'S
1.03%
IPG PHOTONICS
1.02%
CH ROBINSON WW
1.02%
FNDA
LUMENTUM HOLDINGS
0.83%
COMPASS
0.43%
ECHOSTAR
0.41%
US19247G1076
0.40%
MKS INSTRUMENTS
0.40%
CRESCENT ENERGY COMPANY
0.38%
TRONOX HOLDINGS PLC
0.38%
PAR PACIFIC HOLDINGS INC
0.38%
VIASAT
0.38%
LIBERTY OILFIELD SERVICES
0.37%
DELEK US HOLDINGS
0.37%
AMKOR TECHNOLOGY
0.36%
TEREX
0.35%
COMFORT SYSTEMS USA
0.34%
COMMSCOPE HOLDING
0.32%
Frequently asked questions about NIXT and FNDA

How have the NIXT and FNDA ETFs performed in 2026?

As of May 7, 2026, NIXT is up 15.96% year-to-date (YTD), while FNDA has returned 13.81%. That puts NIXT better performer ahead so far this year.

Which ETF is attracting more investor money: NIXT or FNDA?

Year-to-date, the NIXT ETF saw -$2M in flows, compared to +$46M for FNDA.

Which ETF is more volatile: NIXT or FNDA?

Over the past year, NIXT had a volatility of 21.75%, while FNDA experienced 17.76%.

Which ETF is bigger: NIXT or FNDA?

As of May 7, 2026, NIXT holds $37.29 M in assets under management (AUM), while FNDA manages $10.24 B.

What sectors do the NIXT and FNDA ETFs invest in?

NIXT leans toward sectors like Information Technology, Health Care and Consumer Discretionary. Meanwhile, FNDA focuses on Industrials, Financials and Information Technology.

What are the top holdings of the NIXT ETF and FNDA ETF?

NIXT top holdings include LUMENTUM HOLDINGS, ARROWHEAD PHARMACEUTICALS INC and PBF ENERGY INC (ORDINARY). FNDA holds in its top three: LUMENTUM HOLDINGS, COMPASS and ECHOSTAR.

Which ETF is more diversified: NIXT or FNDA?

NIXT holds 153 securities with 23.77% of its assets in the top 15. FNDA has 930 securities and a top 15 weight of 6.11%.

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