Hexis Active Nicotine Engagement ETF Stock Price, News & Analysis

Hexis Capital Management (NYSE: NICO) launched the Hexis Active Nicotine Engagement ETF, listed May 6, 2026 and announced May 8, 2026. The actively managed fund charges a 0.70% management fee, is sub-advised by Penserra Capital Management and distributed by Quasar Distributors, LLC.

The Fund uses the proprietary Hexis Nicotine Transition Score (HNTS) — 27 indicators and 13 sub-indicators, ~20% AI-supported — and an engagement program overseen by an independent Harm Reduction Stewardship Council chaired by Dr Derek Yach. Dividends from net income paid quarterly; net realized gains distributed at least annually.