Key stats
About Alexis Practical Tactical ETF
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Inception date
Jun 30, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Alexis Investment Partners LLC
Distributor
Foreside Fund Services LLC
LEXI seeks long-term capital appreciation, with income and capital preservation as secondary objectives, through a tactical asset allocation strategy. The strategy allows the fund to have the flexibility to allocate to markets around the world (including frontier markets), and to various investments, including stocks/stock ETFs, commodities/precious metals ETPs, REITs, alternative investments, bond ETFs and cash. Although LEXI has a target allocation of 70% in equity and 30% in fixed income, its tactical nature implies that its exposure among asset classes will vary materially depending on: (1) market conditions, and (2) fund adviser’s assessment of proprietary and non-proprietary indicators, market cycle analysis and practical judgment. To achieve its desired market exposures while seeking to manage risks, the fund adviser employs quantitative screening and optimization tools in selecting securities. Note that the portfolio is monitored on an ongoing basis and rebalanced as needed.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Stocks11.63%
Electronic Technology2.64%
Technology Services2.50%
Retail Trade1.56%
Producer Manufacturing1.45%
Consumer Durables1.24%
Finance1.00%
Non-Energy Minerals0.63%
Consumer Services0.61%
Bonds, Cash & Other88.37%
ETF83.04%
Cash2.68%
Government2.65%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LEXI top holdings are SPDR Gold Shares and iShares MSCI USA Momentum Factor ETF, occupying 7.99% and 6.65% of the portfolio correspondingly.
LEXI last dividends amounted to 0.31 USD. The year before, the issuer paid 0.35 USD in dividends, which shows a 12.66% decrease.
LEXI assets under management is 113.40 M USD. It's risen 8.02% over the last month.
LEXI fund flows account for 23.24 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, LEXI pays dividends to its holders with the dividend yield of 0.99%. The last dividend (Jan 2, 2025) amounted to 0.65 USD. The dividends are paid annually.
LEXI shares are issued by Alexis Investment Partners LLC under the brand Alexis. The ETF was launched on Jun 30, 2021, and its management style is Active.
LEXI expense ratio is 1.01% meaning you'd have to pay 1.01% of your investment to help manage the fund.
LEXI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LEXI invests in funds.
LEXI price has risen by 6.94% over the last month, and its yearly performance shows a 8.85% increase. See more dynamics on LEXI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.10% over the last month, showed a 2.23% increase in three-month performance and has increased by 11.28% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.10% over the last month, showed a 2.23% increase in three-month performance and has increased by 11.28% in a year.
LEXI trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.