AXS Green Alpha ETF

Frequently Asked Questions About NXTE

What does NXTE invest in?

The fund's core strategy dictates that at least 80% of its investable capital, including both its net assets and any funds borrowed for investment, will be allocated to companies demonstrating sustainable practices. This investment scope is flexible, allowing the fund to target businesses of any size, operating across various economic sectors, and situated in different geographical locations. While the advisor's primary aim is to invest a significant portion of its assets in common stocks and American Depositary Receipts (ADRs), it maintains the flexibility to hold up to 20% of its portfolio in highly liquid assets like U.S. Treasury Bills and money market instruments to manage day-to-day cash flow and liquidity needs.

What is the expense ratio of NXTE?

AXS Green Alpha ETF (NXTE) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NXTE?

AXS Green Alpha ETF (NXTE) manages $48.6M 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 NXTE actively managed or an index fund?

NXTE is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (NXTE's is 1.00%) in exchange for the discretion to over- or under-weight positions.

When was NXTE launched?

AXS Green Alpha ETF (NXTE) launched in September 2022 and is managed by AXS Investments.

How has NXTE performed?

NXTE'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.