Key stats
About Alexis Practical Tactical ETF
Home page
Inception date
Jun 30, 2021
Structure
Open-Ended Fund
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 advisers 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
What's in the fund
Exposure type
ETF
Stocks11.54%
Electronic Technology2.62%
Technology Services2.47%
Retail Trade1.61%
Producer Manufacturing1.45%
Consumer Durables1.17%
Finance1.00%
Non-Energy Minerals0.62%
Consumer Services0.61%
Bonds, Cash & Other88.46%
ETF78.52%
Cash7.25%
Government2.69%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LEXI trades at 30.89 USD today, its price has fallen −0.01% in the past 24 hours. Track more dynamics on LEXI price chart.
LEXI net asset value is 30.90 today — it's risen 11.92% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
LEXI assets under management is 113.06 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
LEXI price has risen by 10.16% over the last month, and its yearly performance shows a 6.83% increase. See more dynamics on LEXI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.92% over the last month, showed a −0.99% decrease in three-month performance and has increased by 9.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 11.92% over the last month, showed a −0.99% decrease in three-month performance and has increased by 9.05% in a year.
LEXI fund flows account for 22.63 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LEXI invests in funds. See more details in our Analysis section.
LEXI expense ratio is 1.01%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LEXI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, LEXI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LEXI shows the buy signal. See more of LEXI technicals for a more comprehensive analysis.
Today, LEXI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LEXI shows the buy signal. See more of LEXI technicals for a more comprehensive analysis.
Yes, LEXI pays dividends to its holders with the dividend yield of 1.00%.
LEXI trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
LEXI shares are issued by Alexis Investment Partners LLC
LEXI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 30, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.