LINE vs. NIXT
LINE (Lineage, Inc.) is a stock, while NIXT (Research Affiliates Deletions ETF) is Mid Cap Value Equities fund tracking the Research Affiliates Deletions Index. Over the past year, LINE returned -5.12% vs 31.25% for NIXT. At a 0.50 correlation, their price movements are largely independent.
Performance
LINE vs. NIXT - Performance Comparison
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Returns By Period
In the year-to-date period, LINE achieves a 18.61% return, which is significantly higher than NIXT's 17.18% return.
LINE
- 1D
- 1.06%
- 1M
- -0.15%
- YTD
- 18.61%
- 6M
- 21.97%
- 1Y
- -5.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NIXT
- 1D
- 0.48%
- 1M
- -1.30%
- YTD
- 17.18%
- 6M
- 15.80%
- 1Y
- 31.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LINE vs. NIXT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LINE Lineage, Inc. | 18.61% | -37.20% | -28.28% |
NIXT Research Affiliates Deletions ETF | 17.18% | 4.94% | 4.60% |
Correlation
The correlation between LINE and NIXT is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2024 | 0.50 |
The correlation between LINE and NIXT has been stable across timeframes, ranging from 0.50 to 0.51 - a consistent structural relationship.
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Return for Risk
LINE vs. NIXT — Risk / Return Rank
LINE
NIXT
LINE vs. NIXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lineage, Inc. (LINE) and Research Affiliates Deletions ETF (NIXT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LINE | NIXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.61 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.25 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 2.68 | -2.86 |
| Martin ratioReturn relative to average drawdown | -0.34 | 9.03 | -9.37 |
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Drawdowns
LINE vs. NIXT - Drawdown Comparison
The maximum LINE drawdown since its inception was -61.74%, which is greater than NIXT's maximum drawdown of -27.75%. Use the drawdown chart below to compare losses from any high point for LINE and NIXT.
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Drawdown Indicators
| LINE | NIXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.74% | -27.75% | -33.99% |
Max Drawdown (1Y)Largest decline over 1 year | -28.46% | -11.71% | -16.75% |
Current DrawdownCurrent decline from peak | -50.06% | -3.28% | -46.78% |
Average DrawdownAverage peak-to-trough decline | -41.09% | -5.84% | -35.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.18% | 3.47% | +11.71% |
Volatility
LINE vs. NIXT - Volatility Comparison
Lineage, Inc. (LINE) has a higher volatility of 10.88% compared to Research Affiliates Deletions ETF (NIXT) at 5.33%. This indicates that LINE's price experiences larger fluctuations and is considered to be riskier than NIXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LINE | NIXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.88% | 5.33% | +5.55% |
Volatility (6M)Calculated over the trailing 6-month period | 28.35% | 14.42% | +13.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.98% | 21.23% | +16.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.67% | 23.18% | +13.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.67% | 23.18% | +13.49% |
Dividends
LINE vs. NIXT - Dividend Comparison
LINE's dividend yield for the trailing twelve months is around 5.18%, more than NIXT's 1.36% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
LINE Lineage, Inc. | 5.18% | 6.03% | 1.55% |
NIXT Research Affiliates Deletions ETF | 1.36% | 1.64% | 1.39% |
Frequently Asked Questions
LINE and NIXT have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LINE has higher volatility (10.88%) compared to NIXT (5.33%). In terms of maximum drawdown, LINE dropped -61.74% vs NIXT's -27.75%.
NIXT currently has the higher Sharpe Ratio (1.48 vs -0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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