FundX Conservative Upgrader Fund
RELAX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- FundX Conservative Upgrader Fund (RELAX), a series of FundX Investment Trust, is an actively managed fund-of-funds that seeks capital appreciation over the long term while providing a low level of current income and reduced portfolio volatility through its proprietary Upgrading strategy. The fund invests primarily in no-load and load-waived mutual funds and exchange-traded funds (ETFs), including core stock funds for growth, balanced and alternative funds, total return bond funds, and fixed-income funds targeting leading areas of the bond market such as investment-grade corporate bonds, government bonds, and limited exposure to high-yield or regional bonds; it limits allocations to volatile sectors to control downside risk. Underlying funds focus on individual securities like common stocks and corporate or government bonds, with portfolio allocations typically balancing equities and fixed income based on current market leadership trends. In a major strategic shift, the fund reorganized into the FundX Conservative ETF (ticker: XRLX) on October 9, 2023, converting from a mutual fund structure to an ETF to enhance tax efficiency, lower costs, and provide intraday trading on the NYSE Arca exchange. This reorganization followed similar conversions of other FundX Upgrader funds, including the FundX Upgrader Fund into an ETF in 2022, as part of a broader transition by FundX—a division of One Capital Management, LLC—to actively managed ETFs managed through decades of market cycles. No significant acquisitions, partnerships, or new product launches have been reported for RELAX or its successor in 2024 or 2025. FundX Investment Group, the advisor, traces its roots to 1969 when it was founded in San Francisco as a fiduciary investment advisor emphasizing no-load funds and active management. The firm, now headquartered at 101 Montgomery Street, Suite 2400, San Francisco, CA 94104, with additional operations in Glendora, CA, manages the fund for individual and institutional investors seeking diversified, global exposure across developed and emerging markets. The Upgrader funds target broad investor bases with a focus on aligning portfolios with high-performing underlying managers and strategies worldwide.