- ISIN
- US46144X5867
- Issuer
- AXS
- Inception Date
- Sep 27, 2022
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $57M
Share Price Chart
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Performance
NXTE Performance Chart
Axs Green Alpha ETF (NXTE) is up 32.1% since the beginning of the year. NXTE is currently trading at $51 per share.
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Returns By Period
Axs Green Alpha ETF (NXTE) has returned 32.11% so far this year and 52.69% over the past 12 months.
Axs Green Alpha ETF
- 1D
- -1.93%
- 1M
- 9.87%
- YTD
- 32.11%
- 6M
- 32.71%
- 1Y
- 52.69%
- 3Y*
- 16.69%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.57%
- 1M
- 1.39%
- YTD
- 9.73%
- 6M
- 10.46%
- 1Y
- 24.50%
- 3Y*
- 19.43%
- 5Y*
- 12.21%
- 10Y*
- 13.75%
NXTE Monthly Returns History
Based on dividend-adjusted daily data since Sep 29, 2022, NXTE's average daily return is +0.07%, while the average monthly return is +1.48%. At this rate, an investment would double in approximately 3.9 years.
Historically, 54% of months were positive and 46% were negative. The best month was Nov 2023 with a return of +18.2%, while the worst month was Dec 2022 at -12.2%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, NXTE closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +9.9%, while the worst single day was Jun 5, 2026 at -8.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.94% | 1.18% | -7.75% | 13.78% | 14.84% | -0.56% | 32.11% | ||||||
| 2025 | 5.03% | -3.77% | -7.54% | -0.09% | 6.05% | 8.12% | 0.07% | 2.48% | 10.55% | 5.54% | -3.93% | -1.00% | 21.84% |
| 2024 | -5.59% | 6.91% | -1.25% | -8.13% | 11.00% | -1.77% | 2.61% | -3.35% | 3.75% | -3.51% | 4.11% | -6.41% | -3.42% |
| 2023 | 14.61% | -5.87% | 1.26% | -5.08% | 2.72% | 4.25% | 4.99% | -8.88% | -8.80% | -10.23% | 18.24% | 10.70% | 13.85% |
| 2022 | -0.09% | 1.08% | 11.02% | -12.17% | -1.52% |
Benchmark Metrics
Axs Green Alpha ETF has an annualized alpha of -8.78%, beta of 1.37, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since September 29, 2022.
- This ETF participated in 169.82% of S&P 500 Index downside but only 132.50% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -8.78% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -8.78%
- Beta
- 1.37
- R²
- 0.67
- Upside Capture
- 132.50%
- Downside Capture
- 169.82%
Expense Ratio
NXTE has a high expense ratio of 1.00%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
NXTE ranks 66 for risk / return — better than 66% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Axs Green Alpha ETF (NXTE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NXTE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.36 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | 2.71 | +1.17 |
| Martin ratioReturn relative to average drawdown | 11.99 | 12.15 | -0.16 |
Dividends
Dividend History
Axs Green Alpha ETF provided a 0.38% dividend yield over the last twelve months, with an annual payout of $0.19 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.19 | $0.14 | $0.17 | $0.25 | $0.04 |
Dividend yield | 0.38% | 0.36% | 0.52% | 0.76% | 0.13% |
Monthly Dividends
The table displays the monthly dividend distributions for Axs Green Alpha ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.05 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.17 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.25 |
| 2022 | $0.04 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Axs Green Alpha ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Axs Green Alpha ETF was 28.64%, occurring on Oct 27, 2023. Recovery took 176 trading sessions.
The current Axs Green Alpha ETF drawdown is 3.54%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -28.64%Oct 2023 | 8mo 26d | 8mo 19d | 1y 5moFeb 2023 - Jul 2024 |
2025 selloff2025 | -27.24%Apr 2025 | 8mo 25d | 3mo 11d | 1y 1dJul 2024 - Jul 2025 |
Bear market2022 | -15.35%Dec 2022 | 1mo 12d | 1mo 5d | 2mo 17dNov 2022 - Feb 2023 |
2026 correction2026 | -13.68%Mar 2026 | 1mo 2d | 15d | 1mo 17dFeb 2026 - Apr 2026 |
Bear market2022 | -12.64%Oct 2022 | 9d | 27d | 1mo 6dOct 2022 - Nov 2022 |
Drawdown Indicators
| NXTE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.64% | -56.78% | +28.14% |
Max Drawdown (1Y)Largest decline over 1 year | -13.68% | -9.10% | -4.58% |
Max Drawdown (3Y)Largest decline over 3 years | -27.24% | -18.90% | -8.34% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -3.54% | -1.29% | -2.25% |
Average DrawdownAverage peak-to-trough decline | -7.85% | -10.72% | +2.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 2.02% | +2.39% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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