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Launched

AXS Esoterica NextG Economy ETF

WUGICboeAXS InvestmentsF

$72.92−2.79 (−3.69%)

At close: Nov 2, 2026, 4:00 PM ET

F19/ 100

Rank 33 of 34 in Infrastructure

F19/100Rank 33 of 34inInfrastructure
Intraday session: down, 70 prints from 75.71 to 72.92. Range 72.92 to 76.27. Use the arrow keys to read each point.73.5074.0074.5075.0010 AM12 PM2 PM4 PM
Expense ratio
0.84%*
Fund size
$27M
1Y total return
−3.8%
Yield · Last 12 months
22.66%
Holdings
33
Avg volume · 30D
643 sh
52W range
low $62.65high $97.10
Launched

*After a fee waiver that ends Jul 31, 2027. Without it: 1.46%.

The ETF.net WUGI Grade

Based on 5 of 6 pillars

F

Score 19 out of 100

Category
Infrastructure⁠
Rank
33 of 34
Six-pillar profile for WUGI. Scores out of 100: Cost 12, Risk 19, Mission not scored, Tradability 17, Holdings 31, Durability 46. Strongest: Durability (46). Weakest: Cost (12). Based on 5 of 6 pillars.

Score 19 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F12 out of 100
    Rank 30 of 34

  • 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.
    F19 out of 100
    Rank 32 of 34

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F17 out of 100
    Rank 31 of 34

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D31 out of 100
    Rank 25 of 32

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C46 out of 100
    Rank 20 of 34

Our read on WUGI

ETF.net Research

In short

FMost infrastructure funds buy bridges and pipelines by index. WUGI goes the other way: an active, non-diversified basket of roughly 27 global names in the 5G digital economy, run since its 2020 launch by the shop that built it.

Stated mandate

The Fund seeks capital appreciation through an actively managed portfolio focused on domestic and foreign companies connected to the 5G-enabled digital economy, including infrastructure, edge devices, and related services.

Why people hold it

  • No index to hug. The managers pick roughly 27 companies across 5G infrastructure, edge devices and related services, spanning US and foreign stocks of any size.sec.gov
  • Continuity at the helm: Esoterica Capital, the boutique that launched the fund in 2020, still runs the portfolio as sub-advisor under the AXS banner.axsinvestments.comsec.gov
  • A contractual waiver does real work here: 0.84% net of a waiver through July 31, 2027, against a 1.46% gross expense ratio.

Worth knowing

  • Even at 0.84% net of a waiver through July 31, 2027, the fee sits above the category median, and index peers cost far less: IFRA at 0.30%, PAVE at 0.47%.
  • Non-diversified by design, so a handful of top names drive the result and swings run wider than a broad infrastructure basket.sec.gov
  • A small, thinly traded fund that distributes once or twice a year, so trading costs and execution matter more than with the category's giants.

WUGI Performance

Launched Mar 30, 2020

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.
WUGI$9,616
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. WUGI $9,616. SPY $11,146. Use the arrow keys to read each point.$9,000$10,000$11,000$12,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 WUGI. Periods over one year show the average yearly return.
PeriodWUGI
Year to date+0.8%
1 month−21.4%
3 months−9.5%
1 year−3.8%
3 yearsper year+28.6%
5 yearsper year+7.7%
10 yearsFund is under 10 years oldper yearNo data

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 WUGI
YearReturn barWUGI
2026 YTD+0.8%
2025+22.5%
2024+47.1%
2023+61.3%
2022−49.5%
2021+25.2%
2020+95.4%

History from Mar 31, 2020

WUGI in the news

WUGI 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 Nov 2, 2026.
22.66%Last 12 months
Payout per share
$16.52Last 12 months
Last payment
$16.52 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 23, 2024 $2.97; Dec 23, 2025 $16.52. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 26, 2025$16.52
Dec 23, 2024Dec 27, 2024$2.97

$10,000 in WUGI 5 years ago paid $2,919 in dividends.

WUGI Risk

Risk pillarF19 out of 100Rank 32 of 34 in Infrastructure
How much the fund’s monthly returns vary, scaled to a year.
27.1%
Annualised · 36 months to Oct 2026
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.
0.99
vs 3-month T-bills · to Oct 2026
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.
−56.4%
Trough Nov 2022
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.
1.41
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.

FMP measures it over up to five years of monthly returns.

WUGI Cost

Compare WUGI and IFRA

Overpaying vs IFRA, cheapest in Infrastructure

$9,880

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • WUGI 0.84%

    $16,029

  • IFRA 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • WUGI 0.84%
  • IFRA 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530WUGI $16,029IFRA $6,149

Year by year

YearWUGIIFRAOverpaying
10$1,491$545$946
20$5,643$2,113$3,530
30$16,029$6,149$9,880
How the 0.84% is worked out

Full fee 1.46%− waiver 0.62%= you pay 0.84%

The waiver ends Jul 31, 2027. After that the fee is 1.46% unless AXS Investments renews it. Source: prospectus, Aug 2026.

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