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XNAV

GradeDNew York Stock Exchange Arca

FundX Aggressive ETF

Multi-Asset & Alternatives · FundX · Inception 2002-07-01

$92.80−1.02 (−1.09%)

As of Sep 23, 2026, 3:10 PM EDT

History starts Oct 17, 2022.
Intraday session: down, 68 prints from 93.82 to 92.80. Range 92.42 to 93.39. Use the arrow keys to read each point.$92.40$93.2010 AM12 PM2 PM4 PM
Expense ratio
1.27%
Fund size
$31M
1Y return
+20.8%
Yield · Last 12 months
0.50%
Volume · 30D
0M sh
NAV per share
$90.98
52W range
low $76.09high $100.67

The ETF.net XNAV Grade

D

33/ 100

Rank 40 of 46 in Tactical Allocation⁠

Confidence Medium

Six-pillar profile for XNAV. Scores out of 100: Cost 20, Risk 24, Mission not scored, Tradability 31, Holdings 74, Durability 66. Strongest: Holdings (74). Weakest: Cost (20). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 33 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 20
    Category rank37/46 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 24
    Category rank42/46 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 31
    Category rank34/46 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 74
    Category rank10/42 · top 24%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 66
    Category rank16/46 · top 35%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on XNAV

ETF.net Research

DA momentum machine in one ticker: rank funds by recent performance, buy the leaders, sell them when they fade. XNAV runs that playbook at the aggressive end, in sector, small-cap and commodity ETFs.

Stated mandate

Seeks long-term capital appreciation without prioritizing income.

Why people hold it

  1. 01One trade instead of a monthly spreadsheet: it holds other ETFs and rotates toward recent leaders, selling them when performance slips.sec.govsec.gov
  2. 02Deep roots. The Upgrading method comes from a newsletter the firm has published since 1976, and this ETF is the 2022 conversion of a mutual fund that ran the same strategy.fundx.mykajabi.comsec.gov
  3. 03Truth in labeling. The prospectus points it at sector and aggressive equity funds: concentrated portfolios, small and mid caps, commodities, real estate.sec.gov

Worth knowing

  1. 01Costly seat. The 1.24% expense ratio is several times what tactical peers like ENDW (0.22%) and ONOF (0.39%) charge.
  2. 02Small and lightly traded, so spreads can be wider than in big-name funds and larger orders may need patience.
  3. 03Momentum cuts both ways: the prospectus flags the risk of buying a fund right after a brief surge, plus the costs of high turnover.sec.govsec.gov

XNAV Holdings

As of Sep 20, 2026, 9:33 AM
Asset class
Stocks
Holdings
—
Top-10 weight
63%
Largest holding
VUG10.3%

Sectors

  • Technology53.3%
  • Industrials10.9%
  • Consumer Discr.7.3%
  • Communication6.7%
  • Energy6.6%
  • Financials4.6%
  • Health Care4.0%
  • Utilities2.5%
  • Materials2.0%
  • Cons. Staples1.7%
  • Real Estate0.5%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001VUGVanguard Morningstar Growth ETF10.33%35,910$3M16
002SCHGSchwab U.S. Large-Cap Growth ETF8.66%75,352$3M8
003VLUEiShares MSCI USA Value Factor ETF7.87%12,142$2M4
004QGRWWisdomtree US Quality Growth Fund6.27%28,723$2M3
005MTUMiShares MSCI USA Momentum Factor ETF5.65%5,631$2M13
006SMHVanEck Semiconductor ETF5.52%2,970$2M9
007XSDState Street SPDR S&P Semiconductor ETF5.13%3,126$2M2
008AVDVAvantis International Small Cap Value ETF4.54%12,588$1M13
009XNTKState Street SPDR NYSE Technology ETF4.50%3,800$1M2
010CALFPacer US Small Cap Cash Cows ETF4.45%24,807$1M2
011SPMOInvesco S&P 500 Momentum ETF4.33%8,965$1M6
012SOXXiShares Semiconductor ETF4.03%2,330$1M9
013IEZiShares U.S. Oil Equipment & Services ETF3.59%39,480$1M1
014EWYiShares MSCI South Korea ETF3.59%6,102$1M9
015AVUVAvantis U.S. Small Cap Value ETF3.58%9,055$1M5

Showing 1–15 of 21 holdings

XNAV Performance

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

XNAV$12,077
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. XNAV $12,077. SPY $11,723. Use the arrow keys to read each point.$9,261$11,221$13,180Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 XNAV. Periods over one year show the average yearly return.
PeriodXNAV
Year to date+16.0%
1 month+2.6%
3 months−5.5%
1 year+20.8%
3 years+22.8%per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per 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 XNAV
YearReturn barXNAV
2026 YTD+16.0%
2025+13.6%
2024+25.4%
2023+16.1%
2022+7.0%

History from Oct 17, 2022

XNAV in the news

ETF.net Research hasn’t filed on XNAV yet — coverage lands here as it’s written.

XNAV 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 Sep 22, 2026.
0.50%Last 12 months
Payout per share
$0.47Last 12 months
Last payment
$0.47 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2022–2026

One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 29, 2022 $0.73; Dec 28, 2023 $0.69; Dec 31, 2024 $0.06; Dec 31, 2025 $0.47. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 31, 2025Jan 2, 2026$0.47
Dec 31, 2024Jan 2, 2025$0.06
Dec 28, 2023Jan 2, 2024$0.69
Dec 29, 2022Jan 3, 2023$0.73

XNAV Risk

How much the fund’s monthly returns vary, scaled to a year.
17.8%
Annualised · 36 months to Aug 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.
0.81
vs 3-month T-bills · to Aug 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.
−24.3%
47 months · trough Apr 2025
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.
1.14
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.

XNAV Cost

Expense ratio1.27%
  • The middle half of Tactical Allocation funds
  • Median 0.91%

36 of the 46 Tactical Allocation funds charge less.

XNAV costs $127.00 a year on $10,000. The median Tactical Allocation fund costs $90.50.