LEXIAlexis Practical Tactical ETF
Seeks total return primarily through long-term capital appreciation, with income and capital preservation as secondary objectives.
By Alexis Practical Tactical · Launched 2021
1.00%
#4,954 of 5,562 · expensive
$179M
#2,387 of 5,562 · mid-size
0.84%
4 years
#2,416 of 5,562 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeStrategy
Option income
What it actually holds
By weightConcentration
Top 10 holdings = 53.3% of fundmoderately concentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks total return primarily through long-term capital appreciation, with income and capital preservation as secondary objectives.
- Strategy
- Invests flexibly across global markets and various asset classes, including equity, fixed income, commodities, and real estate. Uses quantitative tools for asset allocation based on proprietary indicators and market analysis, primarily through other ETFs.
- Inception date
- June 30, 2021
- Fund family
- Alexis Practical Tactical
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19