Correlation
The correlation between NIXT and VOO is 0.80, 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.
NIXT vs. VOO
Compare and contrast key facts about Research Affiliates Deletions ETF (NIXT) and Vanguard S&P 500 ETF (VOO).
NIXT and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both NIXT and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NIXT or VOO.
Performance
NIXT vs. VOO - Performance Comparison
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Key characteristics
NIXT:
25.97%
VOO:
19.54%
NIXT:
-27.75%
VOO:
-33.99%
NIXT:
-14.93%
VOO:
-3.55%
Returns By Period
In the year-to-date period, NIXT achieves a -8.35% return, which is significantly lower than VOO's 0.90% return.
NIXT
-8.35%
4.84%
-14.59%
N/A
N/A
N/A
N/A
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
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NIXT vs. VOO - Expense Ratio Comparison
NIXT has a 0.09% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
NIXT vs. VOO — Risk-Adjusted Performance Rank
NIXT
VOO
NIXT vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Research Affiliates Deletions ETF (NIXT) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
NIXT vs. VOO - Dividend Comparison
NIXT's dividend yield for the trailing twelve months is around 1.86%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NIXT Research Affiliates Deletions ETF | 1.86% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
NIXT vs. VOO - Drawdown Comparison
The maximum NIXT drawdown since its inception was -27.75%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NIXT and VOO.
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Volatility
NIXT vs. VOO - Volatility Comparison
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