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.
Correlation
The correlation between NIXT and VOO is 0.68, 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.
Performance
NIXT vs. VOO - Performance Comparison
Key characteristics
NIXT:
17.62%
VOO:
12.67%
NIXT:
-8.52%
VOO:
-33.99%
NIXT:
-5.27%
VOO:
0.00%
Returns By Period
In the year-to-date period, NIXT achieves a 2.05% return, which is significantly lower than VOO's 4.61% return.
NIXT
2.05%
-0.32%
N/A
N/A
N/A
N/A
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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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.
Not enough dataDividends
NIXT vs. VOO - Dividend Comparison
NIXT's dividend yield for the trailing twelve months is around 1.36%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NIXT Research Affiliates Deletions ETF | 1.36% | 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 | 1.19% | 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 -8.52%, 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. For additional features, visit the drawdowns tool.
Volatility
NIXT vs. VOO - Volatility Comparison
Research Affiliates Deletions ETF (NIXT) has a higher volatility of 4.22% compared to Vanguard S&P 500 ETF (VOO) at 3.01%. This indicates that NIXT's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.