AXS Green Alpha ETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
Axs Green Alpha ETF NXTE
Morningstar’s Analysis NXTE
Will NXTE outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 56.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
SK Hynix Inc | 12.24 | 7M | Technology |
Taiwan Semiconductor Manufacturing Co Ltd ADR | 10.72 | 6M | Technology |
ASML Holding NV ADR | 6.09 | 3M | Technology |
Lam Research Corp | 4.85 | 3M | Technology |
Applied Materials Inc | 4.72 | 3M | Technology |
International Business Machines Corp | 4.16 | 2M | Technology |
Contemporary Amperex Technology Co Ltd Class A | 3.94 | 2M | Industrials |
Vestas Wind Systems AS | 3.12 | 2M | Industrials |
Qualcomm Inc | 3.03 | 2M | Technology |
CRISPR Therapeutics AG | 2.85 | 2M | Healthcare |
United States