SQS vs. NXTE

Last updated Jun 6, 2026

SQS (Sapient Quality Select ETF) and NXTE (Axs Green Alpha ETF) are both Global Equities funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. SQS charges 0.80%/yr vs 1.00%/yr for NXTE.

Performance

SQS vs. NXTE - Performance Comparison

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

Returns By Period

SQS

• 1D: -3.19%
• 1M: -1.11%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NXTE

• 1D: -7.95%
• 1M: 3.56%
• YTD: 24.43%
• 6M: 22.91%
• 1Y: 47.39%
• 3Y*: 14.79%
• 5Y*: —
• 10Y*: —

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

SQS vs. NXTE - Yearly Performance Comparison

	2026 (YTD)
SQS Sapient Quality Select ETF	8.21%
NXTE Axs Green Alpha ETF	19.94%

Correlation

The correlation between SQS and NXTE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 17, 2026	0.83

Return for Risk

SQS vs. NXTE — Risk / Return Rank

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

NXTE

NXTE Risk / Return Rank: 65
NXTE Sharpe Ratio Rank: 63
NXTE Sortino Ratio Rank: 58
NXTE Omega Ratio Rank: 58
NXTE Calmar Ratio Rank: 77
NXTE Martin Ratio Rank: 68

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.

SQS vs. NXTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sapient Quality Select ETF (SQS) and Axs Green Alpha ETF (NXTE). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SQS	NXTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.96	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.24	0.55	+1.68

Drawdowns

SQS vs. NXTE - Drawdown Comparison

The maximum SQS drawdown since its inception was -7.18%, smaller than the maximum NXTE drawdown of -28.64%. Use the drawdown chart below to compare losses from any high point for SQS and NXTE.

Drawdown Indicators

	SQS	NXTE	Difference
Max Drawdown Largest peak-to-trough decline	-7.18%	-28.64%	+21.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-27.24%	—
Current Drawdown Current decline from peak	-4.14%	-9.15%	+5.01%
Average Drawdown Average peak-to-trough decline	-1.20%	-7.88%	+6.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.30%	—

Volatility

Volatility by Period

	SQS	NXTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.82%	25.84%	-7.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.82%	26.30%	-7.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.82%	26.30%	-7.48%

SQS vs. NXTE - Expense Ratio Comparison

SQS has a 0.80% expense ratio, which is lower than NXTE's 1.00% expense ratio.

Dividends

SQS vs. NXTE - Dividend Comparison

SQS has not paid dividends to shareholders, while NXTE's dividend yield for the trailing twelve months is around 0.40%.

Position	TTM	2025	2024	2023	2022
NXTE Axs Green Alpha ETF	0.40%	0.36%	0.52%	0.76%	0.13%
SQS Sapient Quality Select ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SQS and NXTE in my portfolio?

SQS and NXTE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SQS or NXTE?

On fees, SQS is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SQS or NXTE?

SQS is cheaper with a 0.80% expense ratio, compared with 1.00% for NXTE.

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

NXTE has the higher dividend yield at 0.40%, compared with 0.00% for SQS.

What is the main difference between SQS and NXTE?

They also come from different issuers: Sapient and AXS. Their fees differ too: 0.80% for SQS and 1.00% for NXTE.