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Launched

Hexis Active Nicotine Engagement ETF

NICONYSE ArcaD

$26.200.00 (0.00%)

As of Oct 13, 2026, 9:46 AM

D36/ 100

Rank 10 of 11 in Consumer Lifestyle

D36/100Rank 10 of 11inConsumer Lifestyle
Intraday session: flat, 1 prints from 26.20 to 26.20. Range 26.20 to 26.20. Use the arrow keys to read each point.25.5026.0027.0010 AM12 PM2 PM4 PM
Expense ratio
0.70%
Fund size
$2M
1Y total return
—
Yield · Last 12 months
—
Holdings
17
Avg volume · 30D
0M sh
NAV per share
$26.12
52W range
low $24.23high $27.44
Launched

The ETF.net NICO Grade

Based on 4 of 6 pillars

D

Score 36 out of 100

Category
Consumer Lifestyle⁠
Rank
10 of 11
Six-pillar profile for NICO. Scores out of 100: Cost 10, Risk 77, Mission not scored, Tradability 52, Holdings not scored, Durability 32. Strongest: Risk (77). Weakest: Cost (10). Based on 4 of 6 pillars.

Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
37
This cap took
−0
Published Score
36 Grade D

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F10 out of 100
    Rank 10 of 11

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A77 out of 100
    Rank 1 of 11

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C52 out of 100
    Rank 4 of 11

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D32 out of 100
    Rank 9 of 11

Our read on NICO

ETF.net Research

DMost staples funds own tobacco as a sliver next to soap and soda. This one makes it the whole trade: active management, a global mandate, and at least 80% of assets in tobacco and nicotine companies.

Stated mandate

The Fund seeks long-term capital appreciation through active management, normally investing at least 80% of net assets in companies engaged in the global tobacco and nicotine sectors.

Why people hold it

  1. 01Pure-play by design: at least 80% of net assets go to global tobacco and nicotine names, not a slice of a diversified staples basket.
  2. 02Actively managed rather than index-tracking, with a global remit, so the manager can pick across markets instead of following a fixed weighting.
  3. 03Standard 1940 Act ETF plumbing: it trades like any ordinary stock fund, and shareholders get a 1099 rather than a K-1.sec.gov

Worth knowing

  1. 010.70% a year is the price of active, single-theme access; the broad staples index funds in its group (XLP, VDC, FSTA) charge under a tenth of a percent.
  2. 02A small, thinly traded fund since its 2026 launch, so bid-ask spreads can run wider than on the giant staples funds.
  3. 03Income is not the mandate here: the objective is long-term capital appreciation, and regular payouts have not been a feature of the fund.

NICO Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
17
Top-10 weight
124%
Largest holding
First American Treasury Obligations Fund 01/01/204033.7%

Geography

  • United States40.83%
  • United Kingdom39.72%
  • Japan8.10%
  • Korea (the Republic of)6.94%
  • China2.13%
  • Denmark1.48%
  • Sweden0.80%

Developed 85% · Emerging 15% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—First American Treasury Obligations Fund 01/01/204033.71%616,365$616K151
002PMPhilip Morris International Inc15.87%1,442$290K415
003BTIBritish American Tobacco PLC14.94%4,921$273K41
004—British American Tobacco P.l.c.-Swap-Cant-L12.54%4,130$229K1
005MOAltria Group Inc10.26%2,618$188K366
006IMB.LImperial Brands PLC10.04%5,208$184K135
007—Philip Morris International Inc.-Swap-Cant-L9.24%840$169K1
008—Altria Group, Inc.-Swap-Cant-L5.95%1,519$109K1
009—Imperial Brands Plc-Swap-Cant-L5.90%3,024$108K1
0102914.TJapan Tobacco Inc5.25%2,100$96K132
011033780.KSKT&G Corp4.50%623$82K80
012STG.COScandinavian Tobacco Group A/S0.96%1,540$18K30
013RLXRLX Technology Inc0.93%9,863$17K28
014BATS.LBritish American Tobacco PLC0.79%259$14K142
015HAYPP.STHaypp Group AB0.52%595$9K5

Showing 1–15 of 17 holdings

NICO Performance

Launched May 6, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
NICO$10,230
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. NICO $10,230. SPY $10,332. Use the arrow keys to read each point.$9,455$10,066$10,678Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for NICO. Periods over one year show the average yearly return.
PeriodNICO
Year to dateFund launched this year—
1 month+4.3%
3 months+2.3%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for NICO
YearReturn barNICO
2026 YTD+3.6%

Since listing, May 6, 2026

NICO in the news

No ETF.net Research article names NICO yet.

NICO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed May 2026. No distributions yet.

NICO Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched May 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched May 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
−1.38
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

NICO Cost

Expense ratio0.70%
  • The middle half of Consumer Lifestyle funds
  • Median 0.58%

Every other Consumer Lifestyle fund charges less.

NICO costs $70.00 a year on $10,000. The median Consumer Lifestyle fund costs $58.00.

Other funds in Consumer Lifestyle

See others