PPI
AXS Astoria Inflation Sensitive ETF
PPI is an actively managed, multi-asset ETF seeking long-term capital appreciation. The fund targets asset classes that are expected to benefit from an inflationary environment, such as global cyclical stocks, commodities, and TIPS.
Asset Allocation
MULTI
Active
MANAGEMENT STYLE
71.4 M
ASSETS UNDER MGMT
76 bp
EXPENSES
Fund Basics
| Fund sponsor | AXS Investments |
| Category | Asset Allocation |
| Asset class | Multi |
| Website | link... |
| Inception date | Dec 30, 2021 |
| Assets (mns) | $71 |
| Expense ratio | 76 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 04/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -0.6% | -5.8% | 7.5% | 1.9% | -- | -- | -- | 4.4% |
| Dividend Yield | 0.3% | 0.6% | 1.6% | 2.2% | -- | -- | -- | 2.1% |
| Total Returns | -0.3% | -5.3% | 9.1% | 4.1% | -- | -- | -- | 6.5% | Ann. Volatility | 29.6% | 20.2% | 17.0% | 20.0% | -- | -- | -- | 20.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.02 | 65% |
| MSCI EAFE | 0.98 | 63% |
| MSCI Emg Mkts | 0.67 | 30% |
Liquidity Measures
| Avg. volume (000) | 14 |
| ADV traded (mns) | $0 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.20% |
Technical Indicators
| Recent close | $14.79 |
| 30d moving avg. | $14.14 |
| Annualized volatility | 20.8% |
| Relative strength (RSI) | 54 |
| Short interest | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active Asset Allocation Multi ETFs |
| # of ETFs | 68 |
| Avg. Expense Ratio | 87.7 bp |
| Std. Deviation | 54.3 bp |
| PPI (76 bp) Percentile rank | 40 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| PPI | 76.0 | 19.5 | 95.5 |
| Peer Avg. | 86.3 | 71.5 | 157.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .