Welcome to our dedicated page for Research Affiliates Deletions ETF news (Ticker: NIXT), a resource for investors and traders seeking the latest updates and insights on Research Affiliates Deletions ETF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Research Affiliates Deletions ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Research Affiliates Deletions ETF's position in the market.
RAFI Indices, , a subsidiary of Research Affiliates, , has launched its first ETF, the Research Affiliates Deletions ETF (NIXT). This groundbreaking ETF tracks the Research Affiliates Deletions Index, designed to capitalize on the long-term price reversal of companies removed from market capitalization weighted indices. NIXT will begin trading on September 10th, 2024.
The strategy selects securities that drop out of the top 500 or top 1000 U.S. companies by market capitalization and holds them for 5 years in an equal-weight portfolio, rebalancing annually. It uses a 10% banding to reduce turnover. The NIXT strategy may be suitable for investors seeking small cap value exposure and aims to provide structural, uncorrelated alpha through a simple, rules-based index format.
FAQ
What is the current stock price of Research Affiliates Deletions ETF (NIXT)?
