NIXT vs. DFAT
Compare and contrast key facts about Research Affiliates Deletions ETF (NIXT) and Dimensional U.S. Targeted Value ETF (DFAT).
NIXT and DFAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NIXT is a passively managed fund by Research Affiliates that tracks the performance of the Research Affiliates Deletions Index. It was launched on Sep 9, 2024. DFAT is an actively managed fund by Dimensional Fund Advisors LP. It was launched on Jun 14, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NIXT or DFAT.
Correlation
The correlation between NIXT and DFAT is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NIXT vs. DFAT - Performance Comparison
Key characteristics
NIXT:
17.74%
DFAT:
18.86%
NIXT:
-8.52%
DFAT:
-20.01%
NIXT:
-7.39%
DFAT:
-9.17%
Returns By Period
In the year-to-date period, NIXT achieves a -0.23% return, which is significantly higher than DFAT's -0.75% return.
NIXT
-0.23%
-3.31%
N/A
N/A
N/A
N/A
DFAT
-0.75%
-4.11%
-0.17%
9.20%
N/A
N/A
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NIXT vs. DFAT - Expense Ratio Comparison
NIXT has a 0.09% expense ratio, which is lower than DFAT's 0.34% expense ratio.
Risk-Adjusted Performance
NIXT vs. DFAT — Risk-Adjusted Performance Rank
NIXT
DFAT
NIXT vs. DFAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Research Affiliates Deletions ETF (NIXT) and Dimensional U.S. Targeted Value ETF (DFAT). 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.
Not enough dataDividends
NIXT vs. DFAT - Dividend Comparison
NIXT's dividend yield for the trailing twelve months is around 1.39%, more than DFAT's 1.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
NIXT Research Affiliates Deletions ETF | 1.39% | 1.39% | 0.00% | 0.00% | 0.00% |
DFAT Dimensional U.S. Targeted Value ETF | 1.32% | 1.31% | 1.34% | 1.34% | 1.13% |
Drawdowns
NIXT vs. DFAT - Drawdown Comparison
The maximum NIXT drawdown since its inception was -8.52%, smaller than the maximum DFAT drawdown of -20.01%. Use the drawdown chart below to compare losses from any high point for NIXT and DFAT. For additional features, visit the drawdowns tool.
Volatility
NIXT vs. DFAT - Volatility Comparison
Research Affiliates Deletions ETF (NIXT) and Dimensional U.S. Targeted Value ETF (DFAT) have volatilities of 4.46% and 4.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.