Fund Evaluator:
AXS FTSE Vntr Cptl RetTrckr C (LDVCX)
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Best Performing in Large Growth Over the Last Year
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Fund Details
AXS FTSE Vntr Cptl RetTrckr C Overview
AXS FTSE Vntr Cptl RetTrckr C (LDVCX) is a passively managed U.S. Equity Large Growth fund. AXS launched the fund in 2015.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price performance of a specific benchmark designed to track the aggregate performance of U.S. venture capital-backed companies. Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in the component publicly listed assets included in the underlying index. The index seeks to replicate the aggregate gross performance of U.S. venture capital-backed companies by exclusively holding publicly listed assets. It does not invest in venture capital funds or start-up companies.
About AXS FTSE Vntr Cptl RetTrckr C (LDVCX)
There are 2 members of the management team with an average tenure of 4.03 years: Travis Trampe (2022), Parker Binion (2022). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: NASDAQ OTC Composite TR USD index with a weighting of 100% and FTSE Venture Capital USD index with a weighting of 100%. AXS FTSE Vntr Cptl RetTrckr C has 148 securities in its portfolio. The top 10 holdings constitute 42.7% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
AXS FTSE Vntr Cptl RetTrckr C is part of the Equity global asset class and is within the U.S. Equity fund group. AXS FTSE Vntr Cptl RetTrckr C has 1.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.9%. There is 1.3% 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 FTSE Vntr Cptl RetTrckr C has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $3 million in total assets, which is below the $2 billion average for the Large Growth 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.
LDVCX 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 FTSE Vntr Cptl RetTrckr C expense ratio is high compared to funds in the Large Growth category. AXS FTSE Vntr Cptl RetTrckr C has an expense ratio of 2.51%, which is 161% 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 FTSE Vntr Cptl RetTrckr C has a portfolio turnover rate of 38%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.
Recently, in the month of June 2026, AXS FTSE Vntr Cptl RetTrckr C returned -8.5%, which earned it a grade of F, as the Large Growth category had an average return of -1.3%. 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 funds in that category.
AXS FTSE Vntr Cptl RetTrckr C has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income annually 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 FTSE Vntr Cptl RetTrckr C Grades
Year to date, the fund has returned -14.7%, 21.8 percentage points worse than the category, which translates into a grade of F. The fund has returned -19.4% over the past year (grade of F), 13.0% over the past three years (grade of F) and -3.9% per year over the past five years (grade of F) and 15.3% per year over the past 10 years (grade of D).
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LDVCX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LDVCX Return (NAV) | -8.5% | 9.4% | -19.4% | 13.0% | -3.9% | 15.3% |
| LDVCX Grade | F | F | F | F | F | D |
| +/- Category | -7.2% | -8.4% | -35.2% | -7.7% | -13.9% | -1.0% |
| Large Growth Avg | -1.3% | 17.8% | 15.9% | 20.7% | 10.0% | 16.4% |
| LDVCX Tax Cost Ratio | na | na | 0.0% | 0.0% | 1.2% | 2.1% |
LDVCX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LDVCX Return (NAV) | -14.7% | 13.2% | 25.4% | 53.1% | -56.2% | 18.8% | 64.3% | 48.3% | 4.5% | 50.2% | -2.6% |
| LDVCX Grade | F | D | D | A | F | D | A | A | A | A | F |
| +/- Category | -21.8% | -2.5% | -4.2% | 14.4% | -24.2% | -1.7% | 22.3% | 15.2% | 5.2% | 20.4% | -5.4% |
| Large Growth Avg | 7.1% | 15.7% | 29.6% | 38.8% | -32.0% | 20.5% | 42.0% | 33.2% | -0.7% | 29.8% | 2.8% |
| Risk Measures | |
| Standard Deviation: | 28.1% |
| Total Risk Index: | 2.31 - High |
| Category Risk Index: | 1.62 - High |
| Category Risk Grade: | F (99% Rank) |
| Beta: | 1.72 |
| R-Squared: | 64% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $73 Mil |
| Fund Total Assets: | $ 3 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 38% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.5 years | |||
| Average Tenure: 4.0 years | |||
| Managers (Year): Binion Parker (2022), Trampe Travis (2022) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 148 |
| % in Top 10 Holdings: | 42.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.3% |
Portfolio Allocation |
|
| Domestic Stock: | 98.9% |
| Foreign Stock: | 1.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.4% |
| Cash: | 0.2% |
Purchase Information
| Fund Family: | AXS |
| Phone Number: | 833-297-2587 |
| Website: |
| Status: | Open |
| Inception Date: | September 23, 2015 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $2,500 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 1.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 2.51% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | AXS FTSE Vntr Cptl RetTrckr I |
| Min. Subsequent Purchase: | $ 500 |
| Min. Subsequent IRA Purchase: | $ 500 |
