A Practical Approach to Tactical Investing
The LEXI ETF seeks to actively Ride Bull markets and Manage Bears by:
- Participating more in up than down markets
- De-emphasizing laggards and concentrating in leaders
- Using a broader range of asset classes to thrive through different environments.
Practical
Practical thinking keeps us focused on the pursuit of our goals within the confines of limited choices.
We strive to evaluate current conditions as they are – rather than what we think should be or fear might be.
We don’t rely on predictions, but we do apply decades of practical experience and objective data to form opinions, exercise judgment and plan contingencies.
Tactical
Our hierarchy of tactical decisions flows from asset allocation and risk management to security selection based on relative performance and anticipated portfolio contribution.
Our portfolio is actively managed to allow for multiple contingencies with a strategy designed to respond to new information and changing trends.
We hold ourselves accountable through transparency and performance monitoring.
Our Approach
We call our process “Practical Tactical” investing; we consider these as two distinct yet complementary concepts. “Practical” describes how we think, while “Tactical” refers to the actions we take.
Fund Facts
Fund Information
Data as of 5/14/2025
Fund Data & Pricing
Data as of 5/14/2025
Distributor
Foreside Fund Services, LLC
Fund Inception
6/30/2021
Ticker
LEXI
Primary Exchange
NYSE Arca, Inc
CUSIP
53656F 425
Management Fees
0.85%
Acquired Fund Fees
0.16%
Total Annual Expenses
1.01%
NAV
$31.02
Market Price
$31.00
Median 30 Day Spread Percentage
0.14%
Shares Outstanding
3,596,834
Premium/Discount
-0.05%
Net Assets
$111,558,697.50
30 Day Median Spread is a calculation of Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
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Performance
Fund Information
As of 04/30/2025
As of 03/31/2025
MTD
1 Year
Since Inception
QTD
YTD
1 Year
3 Year
Since Inception
Fund NAV
0.29%
8.95%
5.55%
Market Price
-0.03%
8.59%
5.49%
Benchmark Index
0.27%
10.90%
4.84%
Bloomberg Barclays Aggregate Bond Index
0.39%
8.02%
-1.07%
Morningstar Global Markets
1.12%
11.94%
5.85%
S&P 500
-0.68%
12.10%
8.62%
-2.89%
-2.89%
4.82%
5.89%
5.59%
-2.81%
-2.81%
4.84%
5.91%
5.62%
-1.08%
-1.08%
6.97%
5.95%
4.87%
2.78%
2.78%
4.88%
0.52%
-1.19%
-1.21%
-1.21%
7.25%
7.17%
5.67%
-4.27%
-4.27%
8.25%
9.06%
9.01%
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quotes. Performance current to the most recent month-end can be obtained by calling (866) LEXI-ETF or (866) 539-4383.
Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns. Only returns greater than 1 year will be annualized.
A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded.
Benchmark is 35% S&P 500, 35% Morningstar Global Markets, and 30% Bloomberg US Aggregate Bond Index. Morningstar Global Markets Index measures the performance of stocks located in the developed and emerging countries worldwide. Bloomberg Barclays Aggregate Bond Index broadly tracks the U.S. investment-grade bond market.
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Distribution Detail
Data as of 1/1/2025
Distribution Detail
Year
Ex Date
Record Date
Payable Date
Income
Short Term Capital Gains
Long Term Capital Gains
Total Distributions
2024
12/31/2024
12/31/2024
1/2/2025
$0.31
$0.05
$0.29
$0.65
2023
12/28/2023
12/29/2023
1/2/2024
$0.35
$0.00
$0.00
$0.35
2022
12/29/2022
12/30/2022
1/3/2023
$0.22
$0.00
$0.00
$0.22
2021
12/29/2021
12/30/2021
12/31/2021
$0.06
$0.00
$0.00
$0.06
* Please note that 2024 distributions are unaudited estimates based on projected 12/31/2024 book numbers and are subject to vary significantly from the actual distribution amount once all actual activity through 12/31/2024 and all tax adjustments are incorporated into the calculation.
Top 10 Holdings
Top 10 Holdings
Data as of 5/15/2025. Holdings are subject to change.
Percentage of Net Assets
Name
Ticker
CUSIP
Shares Held
Market Value
7.70%
SPDR Gold Shares
GLD
78463V107
29309
$8,592,226.44
6.63%
iShares MSCI USA Momentum Factor ETF
MTUM
46432F396
32376
$7,397,916.00
6.34%
Vanguard Mega Cap Growth ETF
MGK
921910816
20468
$7,072,512.72
6.09%
Invesco S&P 500 Equal Weight ETF
RSP
46137V357
38448
$6,791,070.24
6.07%
Vanguard Growth ETF
VUG
922908736
16385
$6,776,344.45
5.94%
iShares Global 100 ETF
IOO
464287572
64956
$6,630,058.92
5.91%
Vanguard Dividend Appreciation ETF
VIG
921908844
33766
$6,594,162.14
5.90%
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
233051200
148588
$6,582,448.40
5.88%
Invesco QQQ Trust Series 1
QQQ
46090E103
12650
$6,561,302.00
5.66%
SPDR S&P MidCap 400 ETF Trust
MDY
78467Y107
11322
$6,312,128.22
Data as of 5/15/2025. Holdings are subject to change.
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Practical
Practical thinking keeps us focused on the pursuit of our goals within the confines of limited choices.
We strive to evaluate current conditions as they are – rather than what we think should be or fear might be.
We don’t rely on predictions, but we do apply decades of practical experience and objective data to form opinions, exercise judgment and plan contingencies.
Tactical
Our hierarchy of tactical decisions flows from asset allocation and risk management to security selection based on relative performance and anticipated portfolio contribution.
Our portfolio is actively managed to allow for multiple contingencies with a strategy designed to respond to new information and changing trends.
We hold ourselves accountable through transparency and performance monitoring.