AXS Sustainable Alpha ETF (NXTE) Performance
NXTE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.6% since Dec 31, 2025
- 1 year
- +8.4% total return
- 3 years
- +19.4% a year
- Since first price
- +10.0% a year since 2022
NXTE trailing returns vs SPY, QQQ, AGG
| Period | NXTE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −11.7% | −11.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.2% | −8.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.3% | −2.5% | +7.8% | +8.4% | −1.5% |
| YTD | +11.6% | +11.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.4% | +8.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.1%+19.4%/yr | +67.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionSep 29, 2022 | +47.6%+10.0%/yr | +44.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NXTE vs SPY
From Sep 29, 2022: NXTE grew to $14,756, SPY to $22,063.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NXTE returns by calendar year
2 of 3 full years positive. Best 2025 (+21.8%), worst 2024 (−3.4%). 2026 is year to date.
NXTE annual returns table
| Year | NXTE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.6% | −21.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +21.8% | −25.8% | +17.7% | +20.8% | +7.2% |
| 2024 | −3.4% | −15.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.8% | −28.6% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NXTE largest drawdowns
Now 21.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 2, 2023 | −28.6% | Oct 27, 2023 | Jul 12, 2024 | 9 months | 1.4 years |
| Jul 16, 2024 | −27.2% | Apr 8, 2025 | Jul 18, 2025 | 9 months | 1.0 years |
| Jun 30, 2026 | −21.5% | Jul 29, 2026 | not yet | 29 days | 4 months so far |
| Nov 15, 2022 | −15.3% | Dec 28, 2022 | Feb 1, 2023 | 43 days | 3 months |
| Feb 25, 2026 | −13.7% | Mar 30, 2026 | Apr 14, 2026 | 33 days | 48 days |
| Oct 4, 2022 | −12.6% | Oct 14, 2022 | Nov 10, 2022 | 10 days | 37 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NXTE risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +20.4% | +13.6% |
| Volatility (annualized) | 27.0% | 27.3% |
| Sharpe ratio | 0.66 | 0.44 |
| Sortino ratio | 1.09 | 0.70 |
| Best month | +18.2% | +18.2% |
| Worst month | −17.8% | −17.8% |
| Best 12 months | +63.5% | +63.5% |
| Worst 12 months | −9.4% | −15.2% |
| Positive months | 58% | 58% |
| Beta vs S&P 500 | 1.66 | — |
| Correlation with S&P 500 | 0.76 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NXTE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 38 | −15.2% | +7.3% | +63.5% | 76% |
| 3-year (a year) | 14 | +5.9% | +11.1% | +20.4% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
NXTE performance overview
AXS Sustainable Alpha ETF (NXTE) returned +8.4% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +10.0% a year, turning $10,000 into about $14,756. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −28.6%, from Feb 2, 2023 to Oct 27, 2023, and it took 9 months to get back to the old high. NXTE finished 2 of its 3 full calendar years with a gain; the best year was 2025 (+21.8%) and the worst 2024 (−3.4%). Volatility has been 27.3% a year.
Related: NXTE chart, NXTE holdings, NXTE dividends. See the NXTE overview for the latest quote and fund facts.
NXTE performance FAQ
What is the NXTE return over the past year?
NXTE returned +8.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.0%.
How much would $10,000 invested in NXTE be worth?
$10,000 invested in NXTE at its first recorded close on September 29, 2022 would be worth about $14,756 on October 23, 2026 with distributions reinvested.
What was the worst year for NXTE?
The worst calendar year was 2024, with a total return of −3.4%. The best was 2025 at +21.8%.
What is the biggest drawdown of NXTE?
The largest peak-to-trough decline was −28.6% between February 2, 2023 and October 27, 2023. It recovered to the old high on July 12, 2024, 9 months after the bottom.
How volatile is NXTE?
Over the past 3 years NXTE had an annualized volatility of 27.0% and a Sharpe ratio of 0.66 (excess return over 1–3 month T-bills per unit of risk).