AXS FOMO ETF

Frequently Asked Questions About FOMO

What does FOMO invest in?

The fund is an actively managed exchange traded fund that will invest primarily in equity securities of U.S., foreign, and emerging market companies of any market capitalization and SPACs. It invests, on a short-term basis, in inverse and leveraged ETFs that seek to provide the inverse performance of stock indices, treasury bonds, and volatility ETFs. The fund will invest in fixed income ETFs that primarily invest in domestic and foreign fixed income securities of any credit rating maturity and duration.

What is the expense ratio of FOMO?

AXS FOMO ETF (FOMO) charges an expense ratio of 0.90%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FOMO?

AXS FOMO ETF (FOMO) manages $3.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FOMO actively managed or an index fund?

FOMO is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FOMO's is 0.90%) in exchange for the discretion to over- or under-weight positions.

When was FOMO launched?

AXS FOMO ETF (FOMO) launched in May 2021 and is managed by the fund issuer.

How has FOMO performed?

FOMO's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.