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LEXI · Alexis Practical Tactical ETF

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$40.15
+1.0% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

LEXI is actively managed and returned +15.5% over the past year.

Why did LEXI return +15.5% over one year, against VOO’s +14.8%?Is a 1.02% fee low for a fund like LEXI?What does LEXI cost to hold and to trade?
Allocation fund · Actively managedExpense ratio 1.02%Fund assets $191m net assets, latest filing (Aug 31, 2026)First traded Jul 1, 2021Benchmark S&P 500 Index, measured by VOO, which tracks the same indexSEC filings ↗Dividend history

LEXI returned +15.5% over the year to Nov 4, 2026, charges 1.02% a year and holds $191m in net assets on Aug 31, 2026.

Promise check: Not measuredIts name states no stock share or band.

Compare with…Trading costsPut to the committeeaskIQ about LEXIAdd to portfolioOverlapAlerts

LEXI risk and return scorecard

Not measured: no scorecard was computed for this fund.

Method

What you earned

LEXI −1.6%, VOO −1.1%: total return over one month to Nov 4, 2026.
LEXI−1.6%
VOO−1.1%
LEXI −2.0%, VOO −0.1%: total return over three months to Nov 4, 2026.
LEXI−2.0%
VOO−0.1%
LEXI +2.3%, VOO +5.0%: total return over six months to Nov 4, 2026.
LEXI+2.3%
VOO+5.0%
LEXI +12.8%, VOO +13.4%: total return over the year to Nov 4, 2026.
LEXI+12.8%
VOO+13.4%
LEXI +15.5%, VOO +14.8%: total return over one year to Nov 4, 2026.
LEXI+15.5%
VOO+14.8%
LEXI +72.0%, VOO +83.3%: total return over three years to Nov 4, 2026.
LEXI+72.0%
VOO+83.3%
LEXI +58.1%, VOO +75.5%: total return over five years to Nov 4, 2026.
LEXI+58.1%
VOO+75.5%
LEXI +69.4%, VOO +91.6%: total return since launch to Nov 4, 2026.
LEXI+69.4%
VOO+91.6%
askIQ: why did LEXI return +15.5% over one year, against VOO’s +14.8%? ↗

How concentrated, and what does it cost?

No index, actively managed
+15.5%
Total return, 1 year
Report
1.02%
Expense ratio
Report
48
Holdings
Report
−2.8%
Below its high
Report
1.0%
12-month yield, capital gains included, on its starting price
Report
$0.336
Last payment (paid annually), ex-date Dec 31, 2025
Report
Sector mix
Cost against like funds
askIQ: is a 1.02% fee low for a fund like LEXI? ↗

More on LEXI

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Price, 1 year

$40.15+1.0%1 day, priceClose, Nov 4, 2026

Price only. Total return over the same days, distributions reinvested, was +15.5%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

LEXI returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (VOO)Gap to VOO
1M Oct 5 – Nov 4, 2026−1.6%−1.1%−0.5 pts
3M Aug 5 – Nov 4, 2026−2.0%−0.1%−1.9 pts
6M May 6 – Nov 4, 2026+2.3%+5.0%−2.7 pts
YTD Dec 31, 2025 – Nov 4, 2026+12.8%+13.4%−0.6 pts
1Y Nov 4, 2025 – Nov 4, 2026+15.5%+14.8%+0.7 pts
3Y Nov 3, 2023 – Nov 4, 2026+72.0%+83.3%−11.3 pts
5Y Nov 5, 2021 – Nov 4, 2026+58.1%+75.5%−17.4 pts
Since launch Jul 1, 2021 – Nov 4, 2026+69.4%+91.6%−22.2 pts
Since launch, annualised Jul 1, 2021 – Nov 4, 2026+10.4%––

Total returns, distributions reinvested.

Source: Tiingo end-of-day prices, with distributions reinvested.

LEXI key stats

52-week high, daily closes to Nov 4, 2026 (ETFIQ)$41.30 on Aug 17, 2026
52-week low, daily closes to Nov 4, 2026 (ETFIQ)$34.29 on Mar 30, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$40.15, 84% of the way from the low to the high
Beta to its benchmark, 1 year (ETFIQ)0.85, against VOO
R-squared, the same days (ETFIQ)0.89
Beta and R-squared measured over251 daily total returns, Nov 5, 2025 to Nov 4, 2026
Holdings48
Top ten weight51.0%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 4, 2026
Trading · LEXIas of Nov 4, 2026
·
Not scored2 of 6 measured · Nov 4, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

LEXI for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
LEXI interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

LEXI is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work

LEXI against the ETFIQ 70 to 85% benchmark

Holdings Aug 31, 2026 · prices Nov 4, 2026

LEXI holds 76.0% stocks, which places it in the 70 to 85% band with 12 other allocation ETFs. Its benchmark is ETFIQ Strategic 80. Over the year to Oct 30, 2026 LEXI returned +13.27% against +9.83%, 3.44 points ahead.

Return table

Prices to Nov 4, 2026
Return table for LEXI, a fund with a short price history
Strategic 80LEXI listed Jul 1, 2021Difference, common period Aug 1, 2021 to Oct 30, 2026
1 year+9.83%*+13.27%3.44 points ahead
Common period, annualised+7.98%*+10.03%2.05 points ahead
3 years, annualised+18.58%*+20.95%2.37 points ahead
5 years, annualised+7.91%*+9.81%1.90 points ahead
10 years, annualised+10.25%*not yet: 63 months of history
Volatility, common period12.75%13.97%1.22 pts higher
Maximum drawdown, common period−24.34% (Nov 8, 2021 to Oct 14, 2022)−22.01% (Jan 4 to Sep 30, 2022)2.33 pts shallower

*Hypothetical for Strategic 80: the window begins before Oct 3, 2026, when ETFIQ froze the rule. The difference needs both numbers. Drawdowns are on daily values, volatility from monthly returns.

Percentile in band

Band 70 to 85% · 13 funds · 3-year return to Oct 30, 2026
3-year return, annualised
9 of the 13 funds in the moderately-aggressive band have an annualised return over 3Y to 2026-10-30; a percentile needs 10
Volatility, 3 years
9 of the 13 funds in the moderately-aggressive band have a volatility over 3Y to 2026-10-30; a percentile needs 10
Maximum drawdown, 3 years
9 of the 13 funds in the moderately-aggressive band have a maximum drawdown over 3Y to 2026-10-30; a percentile needs 10

Calendar years with percentile in band

Band 70 to 85% · 13 funds · years to Dec 31, 2025
LEXI calendar years with percentile in band, Band 70 to 85% · 13 funds · years to Dec 31, 2025
YearLEXIBenchmarkBand medianPercentile · fundsBand low to high
2025*+19.23%+19.29%+11.75%85th of 10 · above the median−0.47%+19.58%
2024*+16.51%+13.35%9 of the 13 funds in the moderately-aggressive band have a total return in 2024; a percentile needs 10
2023*+16.58%+18.65%8 of the 13 funds in the moderately-aggressive band have a total return in 2023; a percentile needs 10
2022*−14.37%−16.89%8 of the 13 funds in the moderately-aggressive band have a total return in 2022; a percentile needs 10

*Hypothetical: the year begins before Oct 3, 2026, when ETFIQ froze the benchmark's rule. The band is the funds in it today, each measured in the years it existed; a year with fewer than 10 of them has no percentile. LEXI's first close is Jul 1, 2021, so its first whole calendar year is 2022.

Risk by window

Prices to Oct 30, 2026
LEXI risk by window, Prices to Oct 30, 2026
Measure3 years*5 years*10 years*
PortfolioBenchmarkPortfolioBenchmarkPortfolioBenchmark
Volatility (annualised)
Standard deviation of monthly returns, annualised
10.69%9.90%13.98%12.83%not yet: 63 months of history12.38%
Maximum drawdown
Largest peak-to-trough fall in the window
−15.94% (Feb 19 to Apr 8, 2025)−13.18%−22.01% (Jan 4 to Sep 30, 2022)−24.34%not yet: 63 months of history−28.15%
Worst month
Lowest single calendar-month return
−4.60% (Mar 2026)−5.32%−9.18% (Sep 2022)−8.46%not yet: 63 months of history−12.00%
Sharpe on T-bills
Excess return over 3-month T-bills, per unit of volatility
1.431.340.460.35not yet: 63 months of history0.65
Beta to benchmark
Sensitivity to the benchmark’s moves
1.04measured against itself1.05measured against itselfnot yet: 63 months of historymeasured against itself
Up capture
Share of benchmark gains kept in up months
103.87%measured against itself106.26%measured against itselfnot yet: 63 months of historymeasured against itself
Down capture
Share of benchmark losses taken in down months
84.34%measured against itself97.48%measured against itselfnot yet: 63 months of historymeasured against itself

*Hypothetical as a whole: the window begins before Oct 3, 2026. Drawdowns are on daily values; the other measures are from monthly returns. The benchmark measured against itself has no beta or capture.

Costs

Prospectus, Sep 24, 2026
LEXI costs, Prospectus, Sep 24, 2026
LayerA yearOn $10,000Source · date
Fund fee1.02%$102485BPOS XBRL · Sep 24, 2026

Every return above is after the fund's fee.

Computed by ETFIQ from Tiingo daily prices. Data sourced by Tiingo.

ETFIQ Strategic 80, the benchmark →LEXI against ETFIQ Strategic 80, every window →All 13 funds in the 70 to 85% band →Compare LEXI head to head →A benchmark is a rule, not advice.
Download all holdings

LEXI top ten by weight, 9.7% of the fund, of its 26 equity positions, from the holdings filed for Aug 31, 2026. Source: the fund’s SEC filing.

Freeport-McMoRan Inc FCX 1.30%
NVIDIA Corp NVDA 1.18%
Microsoft Corp MSFT 1.09%
Applied Materials Inc AMAT 1.02%
Caterpillar Inc CAT 0.99%
Alphabet Inc GOOGL 0.94%
Apple Inc AAPL 0.91%
IBM IBM 0.81%
SPACEX SPCX 0.76%
Tesla Inc TSLA 0.75%
Fund filings on SEC EDGAR ↗See all 48 holdings →Check overlap with another fund →

Source: Holdings filing (SEC Form N-PORT). Data as of Aug 31, 2026. Updated when the fund files its next report.

About LEXI

What it tracksNo index, actively managed
Fund typeAllocation fund
Category (ETFIQ)Allocation · Moderately aggressive
Expense ratio (485BPOS XBRL, Sep 24, 2026)1.02%
Price$40.15
First tradedJul 1, 2021
Net assets (SEC filing, whole fund, as filed for Aug 31, 2026)$191mReport
Benchmark (ETFIQ, from its filings)S&P 500 Index, measured by VOO, which tracks the same index
Benchmark named inits prospectus, 485BPOS, Sep 26, 2025
LEXI, 1 year to Nov 4, 2026+15.5%
VOO, the same days+14.8%
Against its benchmark, 1 year (ETFIQ)+0.7 pts
Below its high (ETFIQ)−2.8%
Holdings48
Top ten weight51.0%
Cash, not in the top ten2.5%
Holdings as of (SEC N-PORT)Aug 31, 2026
Already in the S&P 500, by weight (ETFIQ)18.0%
Active share vs the S&P 500 (ETFIQ)86.5%
Already in the Nasdaq-100, by weight (ETFIQ)10.2%
IQ Investment Committee on LEXI

12 seats on LEXI, as of Nov 4, 2026: 3 Supports, 1 Mixed, 2 Challenges, 6 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostMixed
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskChallenges
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationSupports
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingSupports
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatSupports
Put LEXI to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about LEXI

How has LEXI performed?
Over the year to Nov 4, 2026, LEXI returned +15.5% with distributions reinvested, against +14.8% for the S&P 500. Over three years the number is +72.0%.
What does LEXI cost?
The prospectus expense ratio is 1.02% a year.
What does LEXI hold?
48 positions as filed for Aug 31, 2026, with the top ten at 51.0% of the fund. 18% of its weight is in stocks the S&P 500 also holds.
How far is LEXI below its high?
2.8% below its high of Aug 17, 2026, measured on the reinvested series to Nov 4, 2026.
Sources and dates
Prices, LEXI and Benchmark (VOO)Tiingo end-of-day · Nov 4, 2026
Fee, 1.02%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $191mSEC filing, whole fund · Aug 31, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Aug 31, 2026 ↗
All fund filingsFund filings on SEC EDGAR ↗
LEXI’s own site, from Alexis Investment ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
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ETFIQ, LEXI, allocation fund, data as of Nov 4, 2026. https://etfiq.com/funds/lexi

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

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LEXI: LEXI over 1 year: total return +15.5%, its benchmark S&P 500 Index through VOO +14.8%, +0.7 pts. Data to Nov 4, 2026.
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<iframe src="https://etfiq.com/embed/core/lexi/" title="LEXI: LEXI over 1 year: total return +15.5%, its benchmark S&amp;P 500 Index through VOO +14.8%, +0.7 pts. Data to Nov 4, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">LEXI: LEXI over 1 year: total return +15.5%, its benchmark S&amp;P 500 Index through VOO +14.8%, +0.7 pts. Data to Nov 4, 2026. Data: <a href="https://etfiq.com/funds/lexi">ETFIQ</a></figcaption>
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