FundX Investment Conservative ETF
XRLX
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 235 Montgomery Street, Suite 1049 San Francisco CA United States of America 94104
- IPO Date
- Oct 10, 2023
- Website
- fundxfunds.com
- Similar Companies
- Business
- FundX Conservative ETF (XRLX) is an actively managed exchange-traded fund that seeks long-term capital appreciation while providing a low level of current income to reduce portfolio volatility through a balanced portfolio of equity, fixed income, and total return exchange-traded funds. The fund employs a momentum-based investment strategy to invest in underlying ETFs perceived to be in sync with sustained upward trends in global stock and bond markets, with core holdings including growth-oriented equity ETFs such as iShares Russell Top 200 Growth (IWY), Vanguard Growth Index (VUG), Vanguard Mega Cap Growth (MGK), and Schwab U.S. Large-Cap Growth (SCHG); fixed income ETFs such as First Trust Senior Loan (FTSL), VanEck Fallen Angel High Yield Bond (ANGL), and intermediate-term bond funds; low volatility equity ETFs; and floating rate bond funds, typically allocating approximately 54% to core equity, 16% to high yield bonds, 14% to low volatility equity, 9% to intermediate-term bonds, 7% to floating rate bonds, and minimal cash. XRLX operates within the tactical allocation segment of the exchange-traded funds industry, targeting investors seeking diversified, actively managed exposure across large-cap blend styles, mid-quality credit bonds, and limited interest-rate sensitivity portfolios, with availability through major brokers including Charles Schwab and Fidelity. Originally launched as a mutual fund on July 1, 2002, and headquartered with its investment advisor One Capital Management in the United States, the fund underwent a significant structural conversion from a mutual fund to an ETF format on October 9, 2023, commencing ETF operations with approximately $58 million in assets under management. This reorganization enhanced tax efficiency and intraday trading liquidity while maintaining the established momentum-driven approach refined over two decades; as of mid-2024, total net assets stood at around $52 million with a gross expense ratio of 1.63%, reflecting ongoing portfolio adjustments to market conditions without reported recent acquisitions, partnerships, or new product launches.