| OKTA | Okta Inc Class A | 0.85% |
| TENB | Tenable Holdings Inc | 0.81% |
| MRVI | Maravai LifeSciences Holdings Inc Ordinary Shares - Class A | 0.80% |
| IART | Integra Lifesciences Holdings Corp | 0.78% |
| NSIT | Insight Enterprises Inc | 0.77% |
| QLYS | Qualys Inc | 0.73% |
| MRNA | Moderna Inc | 0.72% |
| NWL | Newell Brands Inc | 0.72% |
| ENPH | Enphase Energy Inc | 0.69% |
| IRDM | Iridium Communications Inc | 0.66% |
NIXT tracks an index of recently deleted US small- and mid-cap stocks screened for quality. The portfolio aims to benefit from a potential long-term reversal in the performance of these deleted stocks. The index is constructed from a pool of the top 1000 and top 500 US companies in the RAFI Global Equity Investable Universe (GEIU), which are maintained in two benchmark indices, the Cap-Weight 500 and Cap-Weight 1000. Using a five-year look-back period, the smallest stocks or those that have fallen out of the benchmark indices are identified, scored, and ranked for quality using the following metrics: debt coverage ratio, equity issuance, debt issuance, change in leverage, total payout, and net payout. The top 80% are added to the index and are equally weighted. Companies in the index have a 5-year holding period and are removed if their market cap has risen enough to re-qualify for the benchmark indexes. The index is reconstituted annually in April and rebalanced in May.
Research Affiliates Deletions ETF · Issued by Other
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