NIXT vs SCHV: Grades, Fees and Holdings Compared

Research Affiliates Deletions ETF

NIXTCNasdaq

Schwab U.S. Large-Cap Value ETF

SCHVANYSE Arca

Overlap

2.2%by weight

Expense ratio

SCHV −0.25pt a year

NIXT0.29%SCHV0.04%

Avg volume · 30D

SCHV 413.0×the volume

NIXT7.67KSCHV3.17M

NIXT vs SCHV Performance

Oct 31, 2025 – Oct 30, 2026

+38.4%NIXT+22.1%SCHV

Expense ratio: NIXT 0.29%; SCHV 0.04%, better
Fund size: NIXT $57M; SCHV $15.7B
1Y total return: NIXT +38.4%, better; SCHV +22.1%
Yield (12M): NIXT 1.19%; SCHV 1.81%, better
Holdings: NIXT 204; SCHV 568
Avg volume (30D): NIXT 7.67K sh; SCHV 3.17M sh, better
NAV per share: NIXT $35.29; SCHV $34.62
52W range

ETF.net Grade

Pillar letters and Scores for NIXT, SCHV, with each pillar’s weight
Pillar	NIXT	SCHV
Cost30% weight	D36	A96Higher
Mission25% weight	A72	A88Higher
Risk15% weight	D37	B68Higher
Tradability15% weight	F19	A95Higher
Holdings10% weight	A70Higher	B59
Durability5% weight	D27	B68Higher

Rank among US Value Index funds

How we build Categories ›

Same Category. NIXT and SCHV are both graded against the same 40 US Value Index funds, so their Grades compare head to head.

US Value Index⁠

Category · 40 funds

See all 40 ›

SCHV ranks 1st and NIXT 32nd of 40 funds in the US Value Index Category.

Rank 1ASCHVSchwab U.S. Large-Cap Value ETFScore 84
Rank 2AVTVVanguard Morningstar Value ETFScore 83
Rank 32CFNKFirst Trust Mid Cap Value AlphaDEX FundScore 45
Rank 32CNIXTResearch Affiliates Deletions ETFScore 45
Rank 34CFYTFirst Trust Small Cap Value AlphaDEX FundScore 43

Our read on each fund

ETF.net Research

NIXTCResearch Affiliates Deletions ETF

SCHVASchwab U.S. Large-Cap Value ETF

In short

NIXT Most index funds chase the winners. NIXT tracks Research Affiliates' Deletions Index, a value-tilted basket of US stocks, and charges 0.09% a year to do it.

SCHV No data

Stated mandate

NIXT The Fund aims to follow the Research Affiliates Deletions Index's total return before fees and expenses.

SCHV No data

Why people hold it

NIXT 0.09% a year, versus a 0.45% median for its index-tracking peer group. The fee is the one number you know in advance, and this one is small.
A genuinely unusual mandate: a rules-based US equity index with an advertised value screen that no other fund in its cohort tracks.
Ordinary plumbing underneath: a 1940 Act fund holding US stocks, paying quarterly. Standard 1099 treatment, no K-1 in the mail.

SCHV No data

Worth knowing

NIXT Thinly traded with a small asset base. On a given trade, the bid-ask spread can cost more than a full year of the expense ratio.
Launched in 2024, so the live record is short and covers nothing close to a full market cycle.
The value screen and unusual index construction mean returns can drift a long way from the cap-weighted US market, in either direction.

SCHV No data

Full NIXT profile⁠

Full SCHV profile⁠

NIXT vs SCHV Holdings

How NIXT and SCHV differ

Overlap by weight

2.2%

Shared holdings make up 29.2% of NIXT and 2.2% of SCHV.

Level by level

Holdings55 in both2.2%
Countryby domicile99.2%
Asset classEquity100%

Sector

No Sector split for NIXT.

Country, concentration and asset class

Country by domicile

Country weights in NIXT and SCHV, widest gap first
Country	More in NIXTMore in SCHV	NIXT	SCHV
Switzerland	SCHV +0.6 points	0.0%	0.6%
Other countries (6)	NIXT +0.6 points	100.0%	99.4%

Concentration

Weight in the 10 largest Holdings

NIXT11.0%
SCHV19.9%

Securities held

NIXT203
SCHV568

Asset class

NIXT: Equity
SCHV: Equity

Holdings

Only in NIXT148
In both55
Only in SCHV513

Only in NIXT

148 securities, 70.8% of NIXT by weight

Okta Inc1.21%
Qualys Inc1.11%
Tenable Holdings Inc1.06%
Insight Enterprises Inc1.02%
Maravai LifeSciences Holdings Inc0.91%
Paycom Software Inc0.90%
RingCentral Inc0.88%
Abercrombie & Fitch Co0.83%
Everforth Inc0.79%
PBF Energy Inc0.77%
Docusign Inc0.77%
Kohl's Corp0.76%
Commvault Systems Inc0.72%
Robert Half Inc0.72%
H&R Block Inc0.70%
Nutanix Inc0.70%
Marriott Vacations Worldwide Corp0.70%
Surgery Partners Inc0.70%
Azenta Inc0.69%
Option Care Health Inc0.69%
ManpowerGroup Inc0.67%
Workiva Inc0.67%
Science Applications International Corp0.65%
Bumble Inc0.63%
CCC Intelligent Solutions Holdings Inc0.63%
SPS Commerce Inc0.63%
CorVel Corp0.62%
Ashland Inc0.62%
Coty Inc0.62%
TriNet Group Inc0.62%
Waystar Holding Corp0.58%
Highwoods Properties Inc0.56%
DXC Technology Co0.56%
Concentrix Corp0.56%
BILL Holdings Inc0.56%
Synaptics Inc0.55%
Nomad Foods Ltd0.55%
Harley-Davidson Inc0.55%
Helen of Troy Ltd0.55%
Newell Brands Inc0.55%
Trex Co Inc0.55%
Teradata Corp0.55%
NCR Voyix Corp0.55%
Merit Medical Systems Inc0.55%
ACI Worldwide Inc0.55%
Frontdoor Inc0.53%
Integra LifeSciences Holdings Corp0.53%
Bread Financial Holdings Inc0.53%
Macy's Inc0.53%
Inspire Medical Systems Inc0.53%

Only in SCHV

513 securities, 97.8% of SCHV by weight

Berkshire Hathaway Inc Class B3.29%
JPMorgan Chase2.98%
Exxonmobil Holdings Corp2.46%
Johnson & Johnson2.16%
Walmart1.76%
AbbVie1.67%
Intel Corporation Corp1.49%
Chevron1.49%
Cisco Systems Inc1.39%
Procter & Gamble1.22%
Merck & Co Inc1.18%
Coca-Cola1.17%
Bank of America1.08%
Home Depot1.07%
Philip Morris International1.06%
Lam Research1.04%
Texas Instrument0.93%
Goldman Sachs Group0.88%
Rtx0.88%
Netflix0.84%
Wells Fargo0.84%
Amgen Inc0.81%
International Business Machines Co0.79%
Oracle0.79%
Morgan Stanley0.74%
Analog Devices0.69%
Citigroup0.69%
Gilead Sciences0.67%
Amphenol Corp Class A0.66%
Qualcomm0.65%
Space Exploration Technologies Cor0.64%
Marvell Technology0.62%
Salesforce0.62%
Pepsico0.59%
Mcdonalds Corp0.59%
Verizon Communications Inc0.59%
Abbott Laboratories0.59%
Conocophillips0.59%
Union Pacific0.58%
Nextera Energy0.56%
Pfizer0.56%
American Express0.56%
Welltower0.55%
Tjx0.51%
Accenture PLC Class A0.49%
Danaher0.48%
Charles Schwab0.47%
Dell Technologies Inc Class C0.47%
AT&T0.47%
Progressive0.44%

Weight gaps

All 55 Holdings in both funds, largest gap first.

Holding weights in NIXT and SCHV, widest gap first
Holding	More in NIXTMore in SCHV	NIXT	SCHV
Moderna IncMRNA	NIXT +1.82 points	2.09%	0.27%
Charles River Laboratories International IncCRL	NIXT +0.87 points	0.93%	0.06%
Skyworks Solutions IncSWKS	NIXT +0.84 points	0.91%	0.07%
Avantor IncAVTR	NIXT +0.82 points	0.86%	0.04%
Revvity IncRVTY	NIXT +0.73 points	0.79%	0.06%
Gartner IncIT	NIXT +0.62 points	0.67%	0.05%
Best Buy Co IncBBY	NIXT +0.63 points	0.69%	0.06%
Zebra Technologies CorpZBRA	NIXT +0.61 points	0.67%	0.06%
Etsy IncETSY	NIXT +0.59 points	0.62%	0.03%
CarMax IncKMX	NIXT +0.59 points	0.62%	0.03%
FactSet Research Systems IncFDS	NIXT +0.58 points	0.62%	0.04%
Bio-Rad Laboratories IncBIO	NIXT +0.56 points	0.58%	0.02%
GoDaddy IncGDDY	NIXT +0.54 points	0.58%	0.04%
Baxter International IncBAX	NIXT +0.52 points	0.56%	0.04%
Lamb Weston Holdings IncLW	NIXT +0.53 points	0.55%	0.02%
J M Smucker Co/TheSJM	NIXT +0.52 points	0.56%	0.04%
Equitable Hldgs Inc ComEQH	NIXT +0.51 points	0.56%	0.05%
Corebridge Financial IncCRBG	NIXT +0.52 points	0.55%	0.03%
Stanley Black & Decker IncSWK	NIXT +0.51 points	0.56%	0.05%
Bentley Systems IncBSY	NIXT +0.51 points	0.53%	0.02%
Erie Indemnity CoERIE	NIXT +0.51 points	0.53%	0.02%
Viatris IncVTRS	NIXT +0.48 points	0.55%	0.07%
Hasbro IncHAS	NIXT +0.47 points	0.53%	0.06%
Guidewire Software IncGWRE	NIXT +0.47 points	0.51%	0.04%
Brown-Forman CorpBF.B	NIXT +0.45 points	0.47%	0.02%
Franklin Templeton IncBEN	NIXT +0.44 points	0.47%	0.03%
Match Group IncMTCH	NIXT +0.44 points	0.47%	0.03%
Booz Allen Hamilton Holding CorpBAH	NIXT +0.44 points	0.47%	0.03%
Sirius XM Holdings IncSIRI	NIXT +0.44 points	0.46%	0.02%
BioMarin Pharmaceutical IncBMRN	NIXT +0.43 points	0.47%	0.04%
Avery Dennison CorpAVY	NIXT +0.42 points	0.47%	0.05%
TransUnionTRU	NIXT +0.42 points	0.47%	0.05%
BXP IncBXP	NIXT +0.43 points	0.46%	0.03%
Molina Healthcare IncMOH	NIXT +0.43 points	0.46%	0.03%
Alexandria Real Estate Equities IncARE	NIXT +0.42 points	0.44%	0.02%
Hormel Foods CorpHRL	NIXT +0.40 points	0.42%	0.02%
Conagra Brands IncCAG	NIXT +0.40 points	0.42%	0.02%
Pool CorpPOOL	NIXT +0.40 points	0.42%	0.02%
Pinterest IncPINS	NIXT +0.39 points	0.42%	0.03%
Carlisle Cos IncCSL	NIXT +0.39 points	0.44%	0.05%
UDR IncUDR	NIXT +0.37 points	0.40%	0.03%
Cooper Cos Inc/TheCOO	NIXT +0.36 points	0.40%	0.04%
Eastman Chemical CoEMN	NIXT +0.36 points	0.39%	0.03%
Domino's Pizza IncDPZ	NIXT +0.36 points	0.39%	0.03%
Clorox Co/TheCLX	NIXT +0.35 points	0.39%	0.04%
McCormick & Co Inc/MDMKC	NIXT +0.35 points	0.39%	0.04%
Ally Financial IncALLY	NIXT +0.33 points	0.37%	0.04%
CoStar Group IncCSGP	NIXT +0.33 points	0.37%	0.04%
Builders FirstSource IncBLDR	NIXT +0.33 points	0.35%	0.02%
Akamai Technologies IncAKAM	NIXT +0.32 points	0.37%	0.05%
Align Technology IncALGN	NIXT +0.32 points	0.35%	0.03%
Fidelity National Financial IncFNF	NIXT +0.30 points	0.33%	0.03%
MGM Resorts InternationalMGM	NIXT +0.30 points	0.32%	0.02%
Westlake CorpWLK	NIXT +0.25 points	0.26%	<0.01%
Sprouts Farmers Market IncSFM	NIXT +0.25 points	0.26%	0.01%

All NIXT holdings⁠All 570 SCHV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

NIXT vs SCHV Cost

Overpaying NIXT vs SCHV

$5,103

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

NIXT 0.29%
$5,952
SCHV 0.04%
$849

Amount$10,000

Years30 years

Cost over time

NIXT 0.29%
SCHV 0.04%
Overpaying

Year by year

Year	NIXT	SCHV	Overpaying
10	$527	$73	$454
20	$2,044	$288	$1,756
30	$5,952	$849	$5,103

Expense ratio

0.29%NIXT
0.04%SCHV, cheaper

SCHV0.04%NIXT0.29%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

SCHV 3rd cheapest of 40 funds

NIXT 26th cheapest of 40 funds

NIXT vs SCHV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): NIXT 1.19%; SCHV 1.81%, better
Payout (12M): NIXT $0.42; SCHV $0.63
Last payment: NIXT $0.09; SCHV $0.16
Ex-dividend: NIXT Sep 28, 2026; SCHV Sep 23, 2026
Paid on: NIXT Sep 30, 2026; SCHV Sep 28, 2026
Frequency: NIXT Quarterly; SCHV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

NIXTQuarterly · 8 paymentsAll NIXT payments⁠

SCHVQuarterly · 40 paymentsAll SCHV payments⁠

NIXT vs SCHV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: NIXT 17.3%since Oct 2024SCHV 11.9%
Return per unit of riskSharpe ratio, 3 years: NIXT 0.77since Oct 2024SCHV 1.31
Worst fallMax drawdown, 5 years: NIXT −27.7%since Sep 2024SCHV −19.8%
Market sensitivityBeta, 5 years: NIXT 1.06SCHV 0.76; Market = 1

NIXT and SCHV in the news

All news⁠

Filings Digest
TACK holders vote Dec. 10 on the move to Amplify
4 hours agoNIXT
Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026SCHV
Filings Digest
Two Research Affiliates ETFs will charge more, and Anthropic funds are effective but not trading
Oct 28, 2026NIXT
Category Review
One US value fund returned 68% with Micron at 22.5%. The median returned 22%
Updated Sep 23, 2026SCHV

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NIXT vs SCHV

In short

Stated mandate

Why people hold it