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Rob Arnott Is Launching an ETF Made Up of Stock-Index Rejects
News September 04, 2024 at 04:05 PM
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What You Need To Know
- The Research Affiliates Deletions ETF (NIXT) will look to buy companies that were recently deleted from major indexes.
- Arnott says these stocks, which tend to be down about 50% before their ouster, oputperform the market.
- Not all members of his ETF will be hits, Arnott concedes.
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