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ETFs

Alexis Practical Tactical ETF

LEXI
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 30, 2021
Expense Ratio
1.02%
Type
Global Diversified
Fund Owner
Alexis Invests
Volume (1m avg. daily)
$34,682
AUM
$65,692,966
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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SSgA Active Trust - SPDR Dow Jones Industrial Average ETF
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Vanguard Group, Inc. - Vanguard FTSE Europe ETF
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QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
6.24%
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF
6.11%
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
5.97%
IJJ
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Value ETF
5.77%
XMDYX
SPDR SP MC 400 Trust Units Series -1-
5.43%
MTUM
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Momentum Factor ETF
4.87%
—
UNITED STATES TREAS BILLS 01/11/2024
4.49%
—
UNITED STATES TREAS BILLS 01/25/2024
3.74%
Invest with LEXI
Trade LEXI Options

What is LEXI?

The Fund is an actively managed exchange traded fund ( ETF ). Alexis Investment Partners, LLC (the Adviser ) serves as the investment adviser. In seeking to achieve its investment objective, the Fund has the flexibility to allocate its assets in markets around the world and among various asset classes and strategies, including equity, fixed-income, commodities (including precious metals), real estate investment trusts ( REITs ), alternative strategies (including merger arbitrage, convertible bond and options-based) and cash and cash equivalents.

1M
3M
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YTD
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LEXI
Performance Measures**

for the time period Jul 1, 2021 to Dec 4, 2025

Returns

1M Trailing Return: 1.9%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 6.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -22.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 14.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.69

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.43

The annualized return divided by the max drawdown for the selected time period.

ETFs related toLEXI

ETFs correlated to LEXI include DFAC, JHML, AVUS

LEXI
Listed Funds Trust - Alexis Practical Tactical ETF
DFAC
Dimensional ETF Trust - Dimensional U.S. Core Equity 2 ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
TILT
FlexShares Trust - FlexShares Morningstar US Market Factors Tilt Index Fund
AVSU
American Century ETF Trust - Avantis Responsible U.S. Equity ETF
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

LEXI is a Global Diversified ETF. The Fund is an actively managed exchange traded fund ( ETF ). Alexis Investment Partners, LLC (the Adviser ) serves as the investment adviser. In seeking to achieve its investment objective, the Fund has the flexibility to allocate its assets in markets around the world and among various asset classes and strategies, including equity, fixed-income, commodities (including precious metals), real estate investment trusts ( REITs ), alternative strategies (including merger arbitrage, convertible bond and options-based) and cash and cash equivalents.

Yes, LEXI is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, LEXI is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on LEXI is -0.011%. This is the percent change in the value of LEXI over the most recent 1-month period. The 3-month return on LEXI is -0.0061%. This is the percent change in the value of LEXI over the most recent 3-month period.

The standard deviation of LEXI for the past year is 0.1517%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to LEXI include AOR, DRSK, and FPEI.

ETFs correlated to LEXI include DFAC, JHML, and AVUS.

ETFs that are inversely correlated to LEXI include SH, SDS, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.