Axos Financial is a financial holding company. Through its subsidiary, Axos Bank (the Bank), Co. provides banking and securities products and services. The Bank's deposit products are demand accounts, savings and money market accounts, and time deposits. Co.'s operating segments are: Banking Business, which include online banking, concierge banking, and mortgage, vehicle and unsecured lending; and Securities Business, which includes the clearing broker-dealer, registered investment advisor custody business, registered investment advisor, and introducing broker-dealer lines of businesses. The AX YTD return is shown above.
The YTD Return on the AX YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether AX YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AX YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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