NXTE vs. IDV

Last updated Jun 4, 2026

NXTE (Axs Green Alpha ETF) and IDV (iShares International Select Dividend ETF) are both Global Equities funds. NXTE is actively managed, while IDV is passively managed. Over the past 3 years, NXTE returned 18.63%/yr vs 25.10%/yr for IDV. A 0.59 correlation means they provide meaningful diversification when combined. NXTE charges 1.00%/yr vs 0.49%/yr for IDV.

Performance

NXTE vs. IDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Axs Green Alpha ETF (NXTE) and iShares International Select Dividend ETF (IDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NXTE achieves a 36.11% return, which is significantly higher than IDV's 12.32% return.

NXTE

• 1D: -0.62%
• 1M: 17.52%
• YTD: 36.11%
• 6M: 34.91%
• 1Y: 64.20%
• 3Y*: 18.63%
• 5Y*: —
• 10Y*: —

IDV

• 1D: -1.09%
• 1M: 0.90%
• YTD: 12.32%
• 6M: 15.21%
• 1Y: 36.98%
• 3Y*: 25.10%
• 5Y*: 11.95%
• 10Y*: 10.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NXTE vs. IDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NXTE Axs Green Alpha ETF	36.11%	21.84%	-3.42%	13.85%	-1.33%
IDV iShares International Select Dividend ETF	12.32%	52.16%	4.00%	10.32%	21.70%

Correlation

The correlation between NXTE and IDV is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022	0.59

The correlation between NXTE and IDV has been stable across timeframes, ranging from 0.52 to 0.59 - a consistent structural relationship.

NXTE vs. IDV - Sectors Allocation Comparison

Sectors	NXTE	IDV
Technology	48.5%	0.9%
Industrials	17.6%	6.7%
Healthcare	11.3%	-
Real Estate	10.9%	2.4%
Consumer Cyclical	4.1%	9.6%
Utilities	2.2%	11.8%
Consumer Defensive	2.1%	7.2%
Communication Services	1.9%	10.0%
Financial Services	1.5%	30.1%
Basic Materials	0.5%	5.8%
Energy	-	15.6%

Return for Risk

NXTE vs. IDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NXTE

NXTE Risk / Return Rank: 79
NXTE Sharpe Ratio Rank: 81
NXTE Sortino Ratio Rank: 77
NXTE Omega Ratio Rank: 71
NXTE Calmar Ratio Rank: 86
NXTE Martin Ratio Rank: 79

IDV

IDV Risk / Return Rank: 83
IDV Sharpe Ratio Rank: 86
IDV Sortino Ratio Rank: 82
IDV Omega Ratio Rank: 84
IDV Calmar Ratio Rank: 81
IDV Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NXTE vs. IDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Axs Green Alpha ETF (NXTE) and iShares International Select Dividend ETF (IDV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NXTE	IDV	Difference
Sharpe ratio: Return per unit of total volatility	2.63	2.90	-0.26
Sortino ratio: Return per unit of downside risk	3.45	3.75	-0.31
Omega ratio: Gain probability vs. loss probability	1.42	1.52	-0.10
Calmar ratio: Return relative to maximum drawdown	4.72	4.36	+0.36
Martin ratio: Return relative to average drawdown	15.12	16.67	-1.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NXTE vs. IDV - Sharpe Ratio Comparison

The current NXTE Sharpe Ratio is 2.63, which is comparable to the IDV Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of NXTE and IDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NXTE	IDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.63	2.90	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.22	+0.46

Drawdowns

NXTE vs. IDV - Drawdown Comparison

The maximum NXTE drawdown since its inception was -28.64%, smaller than the maximum IDV drawdown of -70.14%. Use the drawdown chart below to compare losses from any high point for NXTE and IDV.

Drawdown Indicators

	NXTE	IDV	Difference
Max Drawdown Largest peak-to-trough decline	-28.64%	-70.14%	+41.50%
Max Drawdown (1Y) Largest decline over 1 year	-13.68%	-8.52%	-5.16%
Max Drawdown (3Y) Largest decline over 3 years	-27.24%	-11.86%	-15.38%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.50%	—
Current Drawdown Current decline from peak	-0.62%	-2.80%	+2.18%
Average Drawdown Average peak-to-trough decline	-7.88%	-15.40%	+7.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.26%	2.22%	+2.04%

Volatility

NXTE vs. IDV - Volatility Comparison

Axs Green Alpha ETF (NXTE) has a higher volatility of 9.27% compared to iShares International Select Dividend ETF (IDV) at 4.32%. This indicates that NXTE's price experiences larger fluctuations and is considered to be riskier than IDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXTE	IDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.27%	4.32%	+4.95%
Volatility (6M) Calculated over the trailing 6-month period	19.29%	10.60%	+8.69%
Volatility (1Y) Calculated over the trailing 1-year period	24.53%	12.85%	+11.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.99%	15.54%	+10.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.99%	17.94%	+8.05%

NXTE vs. IDV - Expense Ratio Comparison

NXTE has a 1.00% expense ratio, which is higher than IDV's 0.49% expense ratio.

Dividends

NXTE vs. IDV - Dividend Comparison

NXTE's dividend yield for the trailing twelve months is around 0.37%, less than IDV's 4.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDV iShares International Select Dividend ETF	4.45%	4.94%	6.46%	6.51%	7.33%	5.78%	5.47%	5.15%	5.93%	4.52%	4.69%	5.08%
NXTE Axs Green Alpha ETF	0.37%	0.36%	0.52%	0.76%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NXTE and IDV in my portfolio?

NXTE and IDV have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NXTE or IDV?

NXTE has higher volatility (9.27%) compared to IDV (4.32%). In terms of maximum drawdown, NXTE dropped -28.64% vs IDV's -70.14%.

Which ETF is better, NXTE or IDV?

On 3-year performance, IDV leads with 25.10% vs 18.63% for NXTE. On fees, IDV is cheaper at 0.49% per year. On volatility, IDV has been the lower-risk option at 4.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NXTE or IDV?

Over the 3-year period, IDV has performed better with a 25.10% return vs 18.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NXTE or IDV?

IDV is cheaper with a 0.49% expense ratio, compared with 1.00% for NXTE.

Which ETF pays a higher dividend yield, NXTE or IDV?

IDV has the higher dividend yield at 4.45%, compared with 0.37% for NXTE.

What is the main difference between NXTE and IDV?

They also come from different issuers: AXS and iShares. Their fees differ too: 1.00% for NXTE and 0.49% for IDV.

Which has better risk-adjusted returns?

IDV currently has the higher Sharpe Ratio (2.90 vs 2.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.