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Not enough time has passed since inception, but NIXT has been tracking very close to IWM. I expected more divergence for an active / thematic fund. Many active small cap funds have done much, much better than NIXT.
Hmmm ... the fund's performance depends on index reconstitution. Presumably as it goes through more deletion cycles, it will have more opportunities for differentiated performance. I offered the link mostly for people who wanted to hear stuff straight, not filtered by me, and in detail.
Does the WSJ still publish stock picks by “experts” compared to picks by darts thrown at stock symbols posted on a wall? For some reason, the NIXT methodology looks about as random as the dart method (not that there’s anything wrong with that…).
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Cheers!