FundX Aggressive ETF (XNAV)

Overview

The FundX Aggressive ETF seeks maximum capital appreciation by investing primarily in other ETFs that represent various asset classes. It uses a tactical asset allocation strategy, dynamically shifting investments based on market trends and conditions, aiming for high returns but also accepting higher risk.

Reputation and Reliability

FundX Funds is a smaller ETF provider known for its tactical asset allocation strategies. While less established than larger issuers, they have a track record of actively managed funds.

Management Expertise

The management team has experience in active asset allocation and ETF management, focusing on identifying and capitalizing on market trends.

Goal

To achieve maximum capital appreciation through tactical asset allocation among various asset classes represented by other ETFs.

Investment Approach and Strategy

Strategy: The ETF employs a tactical asset allocation strategy, actively selecting and weighting other ETFs based on quantitative analysis and market trends.

Composition The ETF's portfolio consists primarily of other ETFs spanning diverse asset classes, including domestic and international equities, bonds, commodities, and real estate.

Market Share: ETF FundX Aggressive ETFu2019s Detail market share is limited due to its niche tactical asset allocation strategy and smaller AUM relative to broader market ETFs.

Total Net Assets (AUM): 28150000

Key Competitors

• AOA
• AOR
• XLV

Competitive Landscape

The ETF market is highly competitive, with numerous ETFs offering exposure to various asset classes and strategies. FundX Aggressive ETF differentiates itself through its tactical asset allocation approach, but it faces competition from both broad market ETFs and other tactical allocation funds. Advantages include the potential for higher returns through active management, while disadvantages include higher expense ratios and the risk of underperforming the benchmark.

Historical Performance: N/A

Benchmark Comparison: N/A

Expense Ratio: 1.39

Average Trading Volume

The average trading volume is relatively low, potentially leading to wider bid-ask spreads and greater price impact for larger trades.

Bid-Ask Spread

The bid-ask spread can be relatively wide due to the lower trading volume compared to more liquid ETFs.

Market Environment Factors

Economic growth, interest rate movements, inflation, and global market sentiment significantly impact the ETF's performance, as the tactical allocation strategy aims to capitalize on these trends.

Growth Trajectory

The ETF's growth trajectory depends on the success of its tactical asset allocation strategy and its ability to attract investors seeking active management and higher potential returns. Changes to strategy and holdings are frequent and driven by market conditions.

Competitive Edge

FundX Aggressive ETF's competitive advantage lies in its tactical asset allocation strategy, which seeks to outperform traditional benchmarks by actively shifting investments based on market trends. The ETF's management team employs a quantitative approach to identify opportunities and manage risk. This active management style differentiates it from passive index-tracking ETFs, offering investors the potential for higher returns but also exposing them to higher fees and the risk of underperformance. The fund's focus on maximizing capital appreciation through active management attracts investors seeking aggressive growth.

Volatility

The ETF is expected to have higher volatility due to its aggressive investment objective and tactical asset allocation strategy.

Market Risk

The ETF is subject to market risk associated with the underlying ETFs it holds, including equity risk, interest rate risk, commodity price risk, and currency risk.

Ideal Investor Profile

The ideal investor is an experienced investor with a high-risk tolerance and a long-term investment horizon, seeking maximum capital appreciation and comfortable with the potential for significant fluctuations in value.

Market Risk

The ETF is best suited for active traders or investors who are open to taking an aggressive approach and are comfortable with active management and higher expense ratios.

FundX Aggressive ETF is designed for investors seeking aggressive capital appreciation through tactical asset allocation. Its active management approach aims to outperform benchmarks by dynamically adjusting its portfolio based on market trends. However, this comes with higher expense ratios and increased volatility. The ETF's performance is heavily dependent on the management team's ability to make successful asset allocation decisions. It is suitable for experienced investors with a high-risk tolerance and a long-term investment horizon.

Data Sources:

• FundX Funds Website
• SEC Filings
• Morningstar
• Yahoo Finance

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investing in ETFs involves risk, including the potential loss of principal.