RISN vs XNAV: Grades, Fees and Holdings Compared

Inspire Capital Appreciation ETF

RISNANYSE Arca

FundX Aggressive ETF

XNAVDNYSE Arca

Overlap

0.0%by weight

Expense ratio

RISN −0.55pt a year

RISN0.72%XNAV1.27%

Avg volume · 30D

RISN 15.2×the volume

RISN14.8KXNAV976

3Y return · a year

XNAV +5.6pt

RISN+12.5%XNAV+18.1%

RISN vs XNAV Performance

Oct 31, 2025 – Nov 2, 2026

+4.8%RISN+5.3%XNAV

Expense ratio: RISN 0.72%, better; XNAV 1.27%
Fund size: RISN $69M; XNAV $29M
1Y total return: RISN +4.8%; XNAV +5.3%, better
Yield (12M): RISN 1.05%, better; XNAV 0.55%
Holdings: RISN 53; XNAV 21
Avg volume (30D): RISN 14.8K sh, better; XNAV 976 sh
NAV per share: RISN $30.88; XNAV $86.24
52W range

ETF.net Grade

Pillar letters and Scores for RISN, XNAV, with each pillar’s weight
Pillar	RISN	XNAV
Cost30% weight	A76Higher	F18
Mission25% weight	A85	Not scored
Risk15% weight	C46Higher	F24
Tradability15% weight	B64Higher	C44
Holdings10% weight	A80Higher	A74
Durability5% weight	B68Higher	B63

Rank among Tactical Allocation funds

How we build Categories ›

Same Category. RISN and XNAV are both graded against the same 46 Tactical Allocation funds, so their Grades compare head to head.

Tactical Allocation⁠

Category · 46 funds

See all 46 ›

RISN ranks 4th and XNAV 41st of 46 funds in the Tactical Allocation Category.

Rank 1AENDWCambria Endowment Style ETFScore 81
Rank 2AGMODGMO Dynamic Allocation ETFScore 76
Rank 3APTBDPacer Trendpilot US Bond ETFScore 72
Rank 4ARISNInspire Capital Appreciation ETFScore 71
Rank 5BPBLPGIM Portfolio Ballast ETFScore 69
Rank 40DHFDGA Core Plus Absolute Return ETFScore 37
Rank 41DXNAVFundX Aggressive ETFScore 34
Rank 42DEZROAlphaDroid Defensive Sector Rotation ETFScore 33

Our read on each fund

ETF.net Research

RISNAInspire Capital Appreciation ETF

XNAVDFundX Aggressive ETF

In short

RISN A tactical blend of U.S. large-cap stocks and U.S. bonds from a values-screening shop, built to chase long-term growth with less turbulence than the large-cap market, at a fee below the typical tactical peer.

XNAV A fund of ETFs that rotates into what's leading: the advisor's "Upgrading" system, in print as a newsletter since 1976, pointed at the aggressive end (sector and country funds). The 1.27% fee is the price of the hand-steering.

Stated mandate

RISN The fund seeks long-term capital appreciation with lower volatility than the U.S. large-cap stock market.

XNAV Seeks long-term capital appreciation without prioritizing income.

Why people hold it

RISN Charges 0.72% a year, under the going rate for tactical multi-asset funds that actively shift their mix.
One ticket holds U.S. large-cap equities alongside U.S. fixed income, with the stated aim of long-term appreciation at lower volatility than U.S. large caps.
One of the stronger implementations in a crowded tactical multi-asset field, with a live record going back to its 2020 launch.
Pays out quarterly, so the bond sleeve shows up as scheduled cash rather than a once-a-year surprise.

XNAV The engine is "Upgrading": rank a pool of ETFs, hold the leaders, rotate out as they fade. The advisor has published this method in a monthly newsletter since 1976.sec.gov
Not a startup. The strategy ran as a mutual fund from 2002 and converted into this ETF in October 2022, carrying the predecessor's record with it.sec.gov
Exposure arrives as whole ETFs, sorted into five risk classes (sector, aggressive, core, total return, bond), with the aggressive sleeve leaning on sector and country funds.sec.gov sec.gov 2

Worth knowing

RISN Thinly traded and modest in size, so bid-ask spreads can matter more than the fee does. Limit orders are the standard workaround.
Tactical means judgment calls: the allocation can look nothing like a fixed stock/bond blend at any given moment.
Cheap for tactical, not cheap outright. Peers such as ENDW (0.22%) and ONOF (0.39%) run at a fraction of the fee.

XNAV The 1.27% fee (no waiver) sits above the category median, and the underlying ETFs charge their own fees on top. Peer ENDW runs 0.22%.
Momentum cuts both ways: the prospectus flags the risk of buying an ETF right after a brief surge, and turnover runs high by design.sec.gov sec.gov 2
Small and thinly traded, so bid-ask spreads can be wider and larger orders can move the price.

Full RISN profile⁠

Full XNAV profile⁠

RISN vs XNAV Holdings

How RISN and XNAV differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of RISN and 0.0% of XNAV.

Level by level

Holdings0 in both0.0%
Sector11 Sectors37.7%
Countryby domicile85.8%
Asset classEquity100%

Sector

Sector weights in RISN and XNAV, widest gap first
Sector	More in RISNMore in XNAV	RISN	XNAV
Technology	XNAV +46.7 points	10.0%	56.7%
Financials	RISN +22.7 points	27.7%	5.0%
Industrials	RISN +21.4 points	27.2%	5.8%
Energy	RISN +9.4 points	15.4%	6.0%
Communication	XNAV +7.2 points	0.0%	7.2%
Materials	RISN +6.3 points	8.1%	1.8%
Health Care	XNAV +5.9 points	1.6%	7.5%
Consumer Discretionary	XNAV +2.4 points	4.9%	7.3%
Utilities	RISN +1.4 points	1.7%	0.3%
Real Estate	RISN +1.1 points	1.7%	0.6%
Consumer Staples	XNAV +0.2 points	1.7%	1.9%

Country, concentration and asset class

Country by domicile

Country weights in RISN and XNAV, widest gap first
Country	More in RISNMore in XNAV	RISN	XNAV
United States	RISN +14.2 points	100.0%	85.8%
Taiwan	XNAV +4.3 points	0.0%	4.3%
South Korea	XNAV +3.6 points	0.0%	3.6%
Japan	XNAV +1.5 points	0.0%	1.5%
Canada	XNAV +0.9 points	0.0%	0.9%
Netherlands	XNAV +0.6 points	0.0%	0.6%
United Kingdom	XNAV +0.6 points	0.0%	0.6%
Other countries (23)	XNAV +2.7 points	0.0%	2.7%

Concentration

Weight in the 10 largest Holdings

RISN35.7%
XNAV63.3%

Securities held

RISN52
XNAV21

Asset class

RISN: Equity
XNAV: Equity

Holdings

Only in RISN52
In both0
Only in XNAV21

Only in RISN

52 securities, 100% of RISN by weight

Wisdomtree Float19.22%
Cheniere Energy1.88%
United Parcel-B1.85%
Eog Resources1.84%
Home Depot Inc1.83%
Republic Svcs1.83%
Nasdaq Inc1.83%
Exxonmobil Holdi1.82%
Cintas Corp1.79%
Automatic Data1.79%
Waste Management1.78%
Occidental Pete1.76%
Targa Resources1.75%
Intercont Exch I1.75%
Mondelez Inter-A1.75%
Fedex Corp1.75%
Csx Corp1.74%
Nucor Corp1.74%
Progressive Corp1.74%
Nextera Energy1.74%
Aflac Inc1.73%
Norfolk Southern1.73%
Crh PLC1.73%
Simon Property1.72%
Slb Ltd1.72%
Kinder Morgan In1.72%
3M Co1.69%
Carvana Co1.69%
United Rentals1.67%
Linde PLC1.67%
O'reilly Automot1.64%
Fastenal Co1.62%
Iqvia Holdings I1.56%
Valero Energy1.55%
Baker Hughes Co1.55%
Ametek Inc1.50%
Delta Air Li1.50%
Paccar Inc1.48%
Amphenol Corp-A1.41%
Southern Copper1.40%
Freeport-Mcmoran1.40%
Parker Hannifin1.40%
Broadcom Inc1.39%
Western Digital1.38%
Interactive Brok1.35%
Ge Vernova Inc1.33%
Applovin Co-Cl A1.30%
Kla Corp1.25%
Caterpillar Inc1.13%
Comfort Systems1.12%

Only in XNAV

21 securities, 100% of XNAV by weight

Vanguard Morningstar Growth ETF10.50%
Schwab U.S. Large-Cap Growth ETF8.91%
iShares MSCI USA Value Factor ETF8.13%
Wisdomtree US Quality Growth Fund6.39%
iShares MSCI USA Momentum Factor ETF5.39%
VanEck Semiconductor ETF5.26%
Pacer US Small Cap Cash Cows ETF5.07%
State Street SPDR S&P Semiconductor ETF4.79%
Avantis International Small Cap Value ETF4.61%
State Street SPDR NYSE Technology ETF4.28%
Invesco S&P 500 Momentum ETF4.13%
Avantis U.S. Small Cap Value ETF3.91%
iShares U.S. Oil Equipment & Services ETF3.70%
iShares Semiconductor ETF3.68%
State Street SPDR S&P Biotech ETF3.63%
Invesco Nasdaq 100 ETF3.61%
First Trust Cloud Computing ETF3.51%
First Trust NASDAQ-100 Technology Index Fund3.48%
iShares MSCI Taiwan ETF3.42%
iShares MSCI South Korea ETF3.22%
First American Government Obligations Fund 12/01/20310.44%

Weight gaps

RISN and XNAV share no securities.

All RISN holdings⁠All XNAV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

RISN vs XNAV Cost

Overpaying XNAV vs RISN

$8,961

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

RISN 0.72%
$13,957
XNAV 1.27%
$22,918

Amount$10,000

Years30 years

Cost over time

RISN 0.72%
XNAV 1.27%
Overpaying

Year by year

Year	RISN	XNAV	Overpaying
10	$1,284	$2,214	$930
20	$4,888	$8,220	$3,332
30	$13,957	$22,918	$8,961

Expense ratio

0.72%RISN, cheaper
1.27%XNAV

RISN0.72%XNAV1.27%

0.22%1.99%

Middle half of Tactical Allocation funds
Median 0.93%

RISN 12th cheapest of 46 funds

XNAV 38th cheapest of 46 funds

RISN vs XNAV Dividends

Last 12 months to Nov 2, 2026

Yield (12M): RISN 1.05%, better; XNAV 0.55%
Payout (12M): RISN $0.32; XNAV $0.47
Last payment: RISN $0.08; XNAV $0.47
Ex-dividend: RISN Sep 25, 2026; XNAV Dec 31, 2025
Paid on: RISN Oct 1, 2026; XNAV Jan 2, 2026
Frequency: RISN Quarterly; XNAV Annual

Distribution history

Per share, 2020 to 2026, same scale for both

RISNQuarterly · 24 paymentsAll RISN payments⁠

XNAVAnnual · 4 paymentsAll XNAV payments⁠

RISN vs XNAV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: RISN 11.4%, betterXNAV 17.6%
Return per unit of riskSharpe ratio, 3 years: RISN 0.77XNAV 0.89, better
Worst fallMax drawdown, 5 years: RISN −21.9%XNAV −24.3%since Oct 2022
Market sensitivityBeta, 5 years: RISN 1.08XNAV 1.13; Market = 1

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