Skip to Content
ETFs

AXS Green Alpha ETF

NXTE
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Sep 27, 2022
Expense Ratio
1%
Type
US Equities
Fund Owner
AXS Investments
Volume (1m avg. daily)
$147,548
AUM
$70,912,846
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

TSM
Taiwan Semiconductor Manufacturing - ADR
5.2%
AMAT
Applied Materials Inc.
4.99%
IBM
International Business Machines Corp.
4.11%
VWS
Vestas Wind Systems AS
4.07%
LRCX
Lam Research Corp.
3.78%
CRSP
CRISPR Therapeutics AG
3.64%
BEPC
Brookfield Renewable Corporation - Ordinary Shares - Class A (Sub Voting)
3.44%
ASML
ASML Holding NV - New York Shares
3.25%
MRNA
Moderna Inc
2.61%
IFX
Infineon Technologies AG
2.61%
Invest with NXTE
Trade NXTE Options

What is NXTE?

AXS Green Alpha ETF is an actively managed portfolio seeking long-term capital appreciation. It's for the discerning, socially responsible investor looking for sustainability and the potential for above-average alpha. The ETF invests in equities of Next Economy companies that meet sustainability criteria for advancing economic productivity gains, renewable energies, waste-to-value supply chains and equitable distribution of wealth.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

NXTE
Performance Measures**

for the time period Sep 29, 2022 to Dec 4, 2025

Returns

1M Trailing Return: -0.5%

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

3M Trailing Return: 11.9%

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

Measures of Risk or Volatility

Max Drawdown: -28.6%

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

Standard Deviation: 25.7%

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: 0.49

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: 0.34

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

ETFs related toNXTE

ETFs correlated to NXTE include KOMP, XT, VBK

NXTE
Investment Managers Series Trust II - AXS Green Alpha ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
QCLN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Clean Edge Green Energy Index Fund
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF

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

NXTE is a US Equities ETF. AXS Green Alpha ETF is an actively managed portfolio seeking long-term capital appreciation. It's for the discerning, socially responsible investor looking for sustainability and the potential for above-average alpha. The ETF invests in equities of Next Economy companies that meet sustainability criteria for advancing economic productivity gains, renewable energies, waste-to-value supply chains and equitable distribution of wealth.

Yes, NXTE 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, NXTE 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 NXTE is -0.0481%. This is the percent change in the value of NXTE over the most recent 1-month period. The 3-month return on NXTE is -0.0882%. This is the percent change in the value of NXTE over the most recent 3-month period.

ETFs similar to NXTE include SPHQ, DSI, and QUAL.

ETFs correlated to NXTE include KOMP, XT, and VBK.

ETFs that are inversely correlated to NXTE include HIBS, SRTY, and TZA.

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.