NIXT vs. SDY
Compare and contrast key facts about Research Affiliates Deletions ETF (NIXT) and SPDR S&P Dividend ETF (SDY).
NIXT and SDY 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. SDY is a passively managed fund by State Street that tracks the performance of the S&P High Yield Dividend Aristocrats Index. It was launched on Nov 15, 2005. Both NIXT and SDY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
NIXT vs. SDY - Performance Comparison
Loading graphics...
NIXT vs. SDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NIXT Research Affiliates Deletions ETF | 4.31% | 4.94% | 4.89% |
SDY SPDR S&P Dividend ETF | 5.51% | 8.18% | -3.72% |
Returns By Period
In the year-to-date period, NIXT achieves a 4.31% return, which is significantly lower than SDY's 5.51% return.
NIXT
- 1D
- 3.90%
- 1M
- -3.26%
- YTD
- 4.31%
- 6M
- 6.14%
- 1Y
- 20.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SDY
- 1D
- 1.00%
- 1M
- -5.83%
- YTD
- 5.51%
- 6M
- 5.61%
- 1Y
- 10.46%
- 3Y*
- 8.49%
- 5Y*
- 7.00%
- 10Y*
- 9.37%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NIXT vs. SDY - Expense Ratio Comparison
NIXT has a 0.09% expense ratio, which is lower than SDY's 0.35% expense ratio.
Return for Risk
NIXT vs. SDY — Risk / Return Rank
NIXT
SDY
NIXT vs. SDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Research Affiliates Deletions ETF (NIXT) and SPDR S&P Dividend ETF (SDY). 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.
| NIXT | SDY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 0.76 | +0.04 |
Sortino ratioReturn per unit of downside risk | 1.30 | 1.17 | +0.13 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.15 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.09 | +0.20 |
Martin ratioReturn relative to average drawdown | 4.64 | 4.29 | +0.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NIXT | SDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 0.76 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.50 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.47 | -0.07 |
Correlation
The correlation between NIXT and SDY is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NIXT vs. SDY - Dividend Comparison
NIXT's dividend yield for the trailing twelve months is around 1.53%, less than SDY's 2.53% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NIXT Research Affiliates Deletions ETF | 1.53% | 1.64% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SDY SPDR S&P Dividend ETF | 2.53% | 2.61% | 2.56% | 2.64% | 2.55% | 2.63% | 2.85% | 2.45% | 2.73% | 4.69% | 3.30% | 6.20% |
Drawdowns
NIXT vs. SDY - Drawdown Comparison
The maximum NIXT drawdown since its inception was -27.75%, smaller than the maximum SDY drawdown of -54.75%. Use the drawdown chart below to compare losses from any high point for NIXT and SDY.
Loading graphics...
Drawdown Indicators
| NIXT | SDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.75% | -54.75% | +27.00% |
Max Drawdown (1Y)Largest decline over 1 year | -15.77% | -10.66% | -5.11% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.21% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.70% | — |
Current DrawdownCurrent decline from peak | -4.07% | -5.83% | +1.76% |
Average DrawdownAverage peak-to-trough decline | -6.43% | -6.22% | -0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.36% | 2.70% | +1.66% |
Volatility
NIXT vs. SDY - Volatility Comparison
Research Affiliates Deletions ETF (NIXT) has a higher volatility of 7.53% compared to SPDR S&P Dividend ETF (SDY) at 3.17%. This indicates that NIXT's price experiences larger fluctuations and is considered to be riskier than SDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NIXT | SDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.53% | 3.17% | +4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 15.56% | 7.35% | +8.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.04% | 13.91% | +12.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.78% | 14.06% | +9.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.78% | 17.08% | +6.70% |