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Morningstar

AXS Green Alpha ETF NXTE

Morningstar Medalist Rating
Medalist Rating as of | See AXS Investment Hub

Morningstar’s Analysis NXTE

Will NXTE outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NXTE’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NXTE management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NXTE’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in AXS Green Alpha ETF's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NXTE

More NXTE Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 46.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd ADR

8.70 4.8 Mil
Technology

Applied Materials Inc

5.37 2.9 Mil
Technology

ASML Holding NV ADR

4.88 2.7 Mil
Technology

Vestas Wind Systems A/S

4.87 2.7 Mil
Industrials

Qualcomm Inc

4.28 2.4 Mil
Technology

Lam Research Corp

4.25 2.3 Mil
Technology

CRISPR Therapeutics AG

4.14 2.3 Mil
Healthcare

International Business Machines Corp

4.05 2.2 Mil
Technology

Sprouts Farmers Market Inc

3.14 1.7 Mil
Consumer Defensive

Infineon Technologies AG

3.05 1.7 Mil
Technology