RACK vs. NXTG

Last updated Jun 25, 2026

RACK (VanEck Data Center Supply Chain ETF) and NXTG (First Trust IndXX NextG ETF) are both Technology Equities funds - RACK tracks the MarketVector Data Center Supply Chain Index while NXTG tracks the Indxx 5G & NextG Thematic Index. Both are passively managed. Their correlation of 0.94 suggests significant overlap in exposure. RACK charges 0.50%/yr vs 0.70%/yr for NXTG.

Performance

RACK vs. NXTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Data Center Supply Chain ETF (RACK) and First Trust IndXX NextG ETF (NXTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RACK

• 1D: -0.75%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NXTG

• 1D: -0.36%
• 1M: 2.69%
• YTD: 43.16%
• 6M: 42.94%
• 1Y: 62.04%
• 3Y*: 32.48%
• 5Y*: 17.33%
• 10Y*: 17.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RACK vs. NXTG - Yearly Performance Comparison

	2026 (YTD)
RACK VanEck Data Center Supply Chain ETF	-2.60%
NXTG First Trust IndXX NextG ETF	-5.51%

Correlation

The correlation between RACK and NXTG is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 2, 2026	0.94

Return for Risk

RACK vs. NXTG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RACK

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

NXTG

NXTG Risk / Return Rank: 91
NXTG Sharpe Ratio Rank: 93
NXTG Sortino Ratio Rank: 89
NXTG Omega Ratio Rank: 91
NXTG Calmar Ratio Rank: 92
NXTG Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RACK vs. NXTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Data Center Supply Chain ETF (RACK) and First Trust IndXX NextG ETF (NXTG). 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.

	RACK	NXTG	Difference
Sharpe ratio: Return per unit of total volatility	—	2.93	—
Sortino ratio: Return per unit of downside risk	—	3.61	—
Omega ratio: Gain probability vs. loss probability	—	1.52	—
Calmar ratio: Return relative to maximum drawdown	—	5.45	—
Martin ratio: Return relative to average drawdown	—	19.76	—

Drawdowns

RACK vs. NXTG - Drawdown Comparison

The maximum RACK drawdown since its inception was -12.62%, smaller than the maximum NXTG drawdown of -33.61%. Use the drawdown chart below to compare losses from any high point for RACK and NXTG.

Drawdown Indicators

	RACK	NXTG	Difference
Max Drawdown Largest peak-to-trough decline	-12.62%	-33.61%	+20.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.45%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.61%	—
Current Drawdown Current decline from peak	-6.03%	-8.13%	+2.10%
Average Drawdown Average peak-to-trough decline	-4.54%	-7.91%	+3.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.15%	—

Volatility

Volatility by Period

	RACK	NXTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	56.99%	21.37%	+35.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.99%	18.56%	+38.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.99%	19.10%	+37.89%

RACK vs. NXTG - Expense Ratio Comparison

RACK has a 0.50% expense ratio, which is lower than NXTG's 0.70% expense ratio.

Dividends

RACK vs. NXTG - Dividend Comparison

RACK has not paid dividends to shareholders, while NXTG's dividend yield for the trailing twelve months is around 1.19%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXTG First Trust IndXX NextG ETF	1.19%	1.56%	1.51%	2.15%	2.04%	1.97%	1.04%	0.77%	1.27%	1.65%	1.23%	1.11%
RACK VanEck Data Center Supply Chain ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RACK and NXTG in my portfolio?

With a correlation of 0.94, RACK and NXTG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, RACK or NXTG?

On fees, RACK is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RACK or NXTG?

RACK is cheaper with a 0.50% expense ratio, compared with 0.70% for NXTG.

Which ETF pays a higher dividend yield, RACK or NXTG?

NXTG has the higher dividend yield at 1.19%, compared with 0.00% for RACK.

What is the main difference between RACK and NXTG?

RACK tracks MarketVector Data Center Supply Chain Index, while NXTG tracks Indxx 5G & NextG Thematic Index. They also come from different issuers: VanEck and First Trust. Their fees differ too: 0.50% for RACK and 0.70% for NXTG.