ETF Evaluator:
AXS Green Alpha ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Global Large-Stock Blend Over the Last Year
| 48.9% | Sarmaya Thematic ETF (LENS) |
| 33.3% | AXS Green Alpha ETF (NXTE) |
| 30.2% | AXS Knowledge Leaders ETF (KNO) |
| 29.8% | First Eagle Global Equity ETF (FEGE) |
| 28.9% | Invesco Global Equity Net Zero ETF (IQSZ) |
Risk
Index
Risk
Index
ETF Details
AXS Green Alpha ETF Overview
AXS Green Alpha ETF (NXTE) is an actively managed International Equity Global Large-Stock Blend exchange-traded fund (ETF). AXS launched the ETF in 2022.
The investment seeks long term capital appreciation.
Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in sustainable companies. The fund may invest in companies of all sizes and across economic sectors and geography. Although the advisor will attempt to invest as much of its assets as is practical in common stocks and ADRs, the advisor may maintain a reasonable (up to 20%) position in U.S. Treasury Bills and money market instruments to meet liquidity needs.
About AXS Green Alpha ETF (NXTE)
There are 4 members of the management team with an average tenure of 3.84 years: Jeremy Deems (2022), Garvin Jabusch (2022), Travis Trampe (2022) and Parker Binion (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: MSCI ACWI IMI NR USD index with a weighting of 100%. AXS Green Alpha ETF has 59 securities in its portfolio. The top 10 holdings constitute 55.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
AXS Green Alpha ETF is part of the Equity global asset class and is within the International Equity ETF group. AXS Green Alpha ETF has 46.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 53.1% There is 46.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). AXS Green Alpha ETF has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $49 million in total assets, which is below the $2 billion average for the Global Large-Stock Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
NXTE Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The AXS Green Alpha ETF expense ratio is high compared to funds in the Global Large-Stock Blend category. AXS Green Alpha ETF has an expense ratio of 1.00%, which is 103% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. AXS Green Alpha ETF has a portfolio turnover rate of 12%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 50% for the Global Large-Stock Blend category.
Recently, in the month of July 2026, AXS Green Alpha ETF returned -16.7%, which earned it a grade of F, as the Global Large-Stock Blend category had an average return of 0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
AXS Green Alpha ETF has a trailing yield of 0.56%, which is below the 1.66% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
AXS Green Alpha ETF Grades
Year to date, the ETF has returned 17.5%, 8.3 percentage points better than the category, which translates into a grade of A. The fund has returned 33.3% over the past year (grade of A) and 10.5% over the past three years (grade of F).
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NXTE Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NXTE Return (NAV) | -16.7% | 1.8% | 33.3% | 10.5% | na | na |
| NXTE Return (Price) | -17.8% | 0.6% | 32.3% | 10.2% | na | na |
| NAV +/- Price Return | 1.139% | 1.172% | 1.002% | 0.371% | na | na |
| Global Large-Stock Blend Avg | 0.0% | 3.1% | 19.1% | 15.1% | 8.5% | 11.5% |
| NXTE Grade (NAV) | F | F | A | F | na | na |
| +/- Category (NAV) | -16.7% | -1.3% | 14.2% | -4.6% | na | na |
| NXTE Tax-Cost Ratio | na | na | 0.2% | 0.2% | na | na |
NXTE Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NXTE Return (NAV) | 17.5% | 22.1% | -3.2% | 13.5% | na | na | na | na | na | na | na |
| NXTE Return (Price) | 16.4% | 21.8% | -3.4% | 13.8% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.063% | -0.010% | 0.082% | 0.029% | na | na | na | na | na | na | na |
| Global Large-Stock Blend Avg | 9.2% | 20.4% | 13.8% | 18.7% | -17.7% | 17.3% | 18.3% | 26.8% | -9.1% | 23.4% | 8.1% |
| NXTE Grade (NAV) | A | B | F | F | na | na | na | na | na | na | na |
| +/- Category | 8.3% | 1.6% | -16.9% | -5.2% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 1.86 |
| R-Squared: | 70% |
| Standard Deviation: | 28.0% |
| Category Risk Index: | 2.08 |
| Category Risk Rating: | High |
| Total Risk Index: | 2.28 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.6% |
| Total Assets: | $ 50 Mil |
| Share Class Assets: | $ 50 Mil |
| Turnover: | 12.0% |
| Expense Ratio: | 1.00% |
| Index Fund: | No |
| Index Tracked: | MSCI ACWI IMI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 3.8 years | |||
| Average Tenure: 3.8 years | |||
| Managers (Year): Deems Jeremy (2022), Jabusch Garvin (2022), Trampe Travis (2022), Binion Parker (2022) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 59 |
| % in Top 10 Holdings: | 55.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 46.5% |
Portfolio Allocation |
|
| Domestic Stock: | 53.1% |
| Foreign Stock: | 46.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | AXS |
| Phone Number: | 833-297-2587 |
| Website: | |
| Inception Date: | September 27, 2022 |
Expenses and Fees
| Expense Ratio (%): | 1.00% (Rating: High) |
| Category Average Expense Ratio (%): | 0.49% |
