AGOX vs. XRLX

Last updated Aug 5, 2026

AGOX (Adaptive Alpha Opportunities ETF) and XRLX (FundX Conservative ETF) are both Tactical Allocation funds. Both are actively managed. Over the past year, AGOX returned 18.91% vs 12.89% for XRLX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. AGOX charges 1.33%/yr vs 1.63%/yr for XRLX.

Performance

AGOX vs. XRLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adaptive Alpha Opportunities ETF (AGOX) and FundX Conservative ETF (XRLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGOX achieves a 20.76% return, which is significantly higher than XRLX's 7.21% return.

AGOX

• 1D: 3.67%
• 1M: 0.52%
• 6M: 15.82%
• YTD: 20.76%
• 1Y: 18.91%
• 3Y*: 16.26%
• 5Y*: 8.47%
• 10Y*: —
• ALL TIME*: 9.30%

XRLX

• 1D: 1.60%
• 1M: 1.40%
• 6M: 6.35%
• YTD: 7.21%
• 1Y: 12.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AGOX Adaptive Alpha Opportunities ETF	$2.86M	$2.80M	$2.80M
XRLX FundX Conservative ETF	$64.82K	$36.37K	$85.34K

AGOX vs. XRLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AGOX Adaptive Alpha Opportunities ETF	20.76%	8.58%	15.97%	7.64%
XRLX FundX Conservative ETF	7.21%	7.85%	17.61%	7.14%

Correlation

The correlation between AGOX and XRLX is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.73
Correlation (All Time) Calculated using the full available price history since Oct 9, 2023	0.69

The correlation between AGOX and XRLX has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.

Return for Risk

AGOX vs. XRLX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AGOX

AGOX Risk / Return Rank: 36
AGOX Sharpe Ratio Rank: 35
AGOX Sortino Ratio Rank: 37
AGOX Omega Ratio Rank: 36
AGOX Calmar Ratio Rank: 33
AGOX Martin Ratio Rank: 37

XRLX

XRLX Risk / Return Rank: 49
XRLX Sharpe Ratio Rank: 47
XRLX Sortino Ratio Rank: 46
XRLX Omega Ratio Rank: 45
XRLX Calmar Ratio Rank: 50
XRLX Martin Ratio Rank: 56

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AGOX vs. XRLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adaptive Alpha Opportunities ETF (AGOX) and FundX Conservative ETF (XRLX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AGOX	XRLX	Difference
Sharpe ratio: Return per unit of total volatility	0.97	1.33	-0.35
Sortino ratio: Return per unit of downside risk	1.56	1.92	-0.37
Omega ratio: Gain probability vs. loss probability	1.19	1.24	-0.05
Calmar ratio: Return relative to maximum drawdown	1.24	2.06	-0.82
Martin ratio: Return relative to average drawdown	4.18	7.42	-3.24

AGOX vs. XRLX - Sharpe Ratio Comparison

The current AGOX Sharpe Ratio is 0.97, which is comparable to the XRLX Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of AGOX and XRLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AGOX vs. XRLX - Drawdown Comparison

The maximum AGOX drawdown since its inception was -26.93%, which is greater than XRLX's maximum drawdown of -15.33%. Use the drawdown chart below to compare losses from any high point for AGOX and XRLX.

Drawdown Indicators

	AGOX	XRLX	Difference
Max Drawdown Largest peak-to-trough decline	-26.93%	-15.33%	-11.60%
Max Drawdown (1Y) Largest decline over 1 year	-15.32%	-6.28%	-9.04%
Max Drawdown (3Y) Largest decline over 3 years	-21.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.93%	—	—
Current Drawdown Current decline from peak	-2.79%	-1.07%	-1.72%
Average Drawdown Average peak-to-trough decline	-8.03%	-1.74%	-6.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.54%	1.74%	+2.80%

Volatility

AGOX vs. XRLX - Volatility Comparison

Adaptive Alpha Opportunities ETF (AGOX) has a higher volatility of 6.44% compared to FundX Conservative ETF (XRLX) at 4.03%. This indicates that AGOX's price experiences larger fluctuations and is considered to be riskier than XRLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGOX	XRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.44%	4.03%	+2.41%
Volatility (6M) Calculated over the trailing 6-month period	16.99%	8.47%	+8.52%
Volatility (1Y) Calculated over the trailing 1-year period	19.53%	9.77%	+9.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.88%	11.26%	+8.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.69%	11.26%	+8.43%

AGOX vs. XRLX - Expense Ratio Comparison

AGOX has a 1.33% expense ratio, which is lower than XRLX's 1.63% expense ratio.

Dividends

AGOX vs. XRLX - Dividend Comparison

AGOX's dividend yield for the trailing twelve months is around 2.67%, more than XRLX's 2.59% yield.

Position	TTM	2025	2024	2023	2022	2021
AGOX Adaptive Alpha Opportunities ETF	2.67%	3.23%	3.94%	0.27%	0.20%	6.36%
XRLX FundX Conservative ETF	2.59%	2.77%	1.66%	1.68%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AGOX and XRLX in my portfolio?

AGOX and XRLX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AGOX or XRLX?

AGOX has higher volatility (6.44%) compared to XRLX (4.03%). In terms of maximum drawdown, AGOX dropped -26.93% vs XRLX's -15.33%.

Which ETF is better, AGOX or XRLX?

On 1-year performance, AGOX leads with 18.91% vs 12.89% for XRLX. On fees, AGOX is cheaper at 1.33% per year. On volatility, XRLX has been the lower-risk option at 4.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AGOX or XRLX?

Over the 1-year period, AGOX has performed better with a 18.91% return vs 12.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AGOX or XRLX?

AGOX is cheaper with a 1.33% expense ratio, compared with 1.63% for XRLX.

Which ETF pays a higher dividend yield, AGOX or XRLX?

AGOX has the higher dividend yield at 2.67%, compared with 2.59% for XRLX.

What is the main difference between AGOX and XRLX?

They also come from different issuers: Adaptive and FundX. Their fees differ too: 1.33% for AGOX and 1.63% for XRLX.

Which has better risk-adjusted returns?

XRLX currently has the higher Sharpe Ratio (1.33 vs 0.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.