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Upturn AI Summary
Research Affiliates Deletions ETF(NIXT)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NIXT
11/13/2026: NIXT (3-star) is a STRONG-BUY. BUY for 18 days. Simulated Profits (2.95%). Updated daily EoD!
NIXT provides systematic exposure to stocks that have been removed from major market indices, employing a contrarian strategy aimed at capturing mean-reversion potential. Its main strengths include a distinct, research-backed methodology that removes behavioral bias from picking distressed equities. The fund is designed as a satellite holding for those seeking deep-value exposure, rather than a core portfolio component. Investors should be aware of high risks, including company-specific business failure and limited liquidity. It is best suited for experienced investors who monitor market cycles and factor performance closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The strategy focuses on companies removed from indices, which are often declining rather than growing. |
| Momentum investor | Weak fit | This is a contrarian, mean-reversion strategy that generally opposes short-term momentum trends. |
| Value investor | Strong fit while signal remains positive | Deleted stocks often trade at significant discounts, appealing to deep-value investors seeking turnaround potential. |
| Dividend/Income investor | Weak fit | The strategy is not designed to provide consistent income or dividend yield. |
| Low-risk investor | Weak fit | The portfolio carries significant volatility and company-specific risks associated with firms undergoing distress. |
Investor Profile
Ideal Investor Profile
Sophisticated investors with a high risk tolerance who are looking for a systematic contrarian play.
Suitability
Best suited for satellite allocation within a larger portfolio rather than a core long-term holding.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The focus on distressed or deleted companies typically leads to higher price swings. |
| Market risk | Medium / high | The fund is highly sensitive to broad market conditions that trigger index deletions. |
| Concentration | Medium | The portfolio is limited to companies that meet specific deletion criteria, which can lead to sector biases. |
| Tracking/expense | Medium | Active management and the specific index methodology contribute to a higher expense ratio. |
| Liquidity | Medium / high | Lower trading volume in the ETF and potentially thin markets for its holdings can make trading expensive. |
| Business/sector quality | High | Many holdings are companies facing fundamental business challenges. |
Sector & Industry Intelligence
This fund is not assigned to one sector.
Risk Analysis
Volatility
NIXT is prone to high volatility due to the nature of the companies it holds, which are often in financial transition.
Market Risk
The fund is vulnerable to broad market downturns, as deletions often accelerate when overall economic conditions deteriorate.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | US Equities (Small/Mid/Large Cap) | 98.5 | The fund holds a diversified basket of stocks recently removed from major indices, targeting contrarian investment themes. |
| Cash/collateral | Cash and Cash Equivalents | 1.5 | A small portion of the portfolio is held in cash to manage liquidity and daily transaction requirements. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 12.06% | Avg. Invested days 54 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/13/2026 |
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