ASGM vs. XRLX

Last updated Jun 24, 2026

ASGM (Virtus AlphaSimplex Global Macro ETF) and XRLX (FundX Conservative ETF) are both Tactical Allocation funds. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. ASGM charges 0.86%/yr vs 1.63%/yr for XRLX.

Performance

ASGM vs. XRLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus AlphaSimplex Global Macro ETF (ASGM) 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, ASGM achieves a 17.56% return, which is significantly higher than XRLX's 5.80% return.

ASGM

• 1D: -2.93%
• 1M: -1.26%
• YTD: 17.56%
• 6M: 17.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRLX

• 1D: -1.63%
• 1M: -0.37%
• YTD: 5.80%
• 6M: 5.49%
• 1Y: 14.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASGM vs. XRLX - Yearly Performance Comparison

	2026 (YTD)	2025
ASGM Virtus AlphaSimplex Global Macro ETF	17.56%	11.08%
XRLX FundX Conservative ETF	5.80%	5.30%

Correlation

The correlation between ASGM and XRLX is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 5, 2025	0.86

Return for Risk

ASGM vs. XRLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASGM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XRLX

XRLX Risk / Return Rank: 56
XRLX Sharpe Ratio Rank: 54
XRLX Sortino Ratio Rank: 54
XRLX Omega Ratio Rank: 55
XRLX Calmar Ratio Rank: 53
XRLX Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASGM vs. XRLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus AlphaSimplex Global Macro ETF (ASGM) 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.

	ASGM	XRLX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.71	—
Sortino ratio: Return per unit of downside risk	—	2.40	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	2.40	—
Martin ratio: Return relative to average drawdown	—	10.36	—

Drawdowns

ASGM vs. XRLX - Drawdown Comparison

The maximum ASGM drawdown since its inception was -6.62%, smaller than the maximum XRLX drawdown of -15.33%. Use the drawdown chart below to compare losses from any high point for ASGM and XRLX.

Drawdown Indicators

	ASGM	XRLX	Difference
Max Drawdown Largest peak-to-trough decline	-6.62%	-15.33%	+8.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.28%	—
Current Drawdown Current decline from peak	-4.56%	-2.36%	-2.20%
Average Drawdown Average peak-to-trough decline	-1.34%	-1.70%	+0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.45%	—

Volatility

Volatility by Period

	ASGM	XRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.02%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.48%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.01%	8.85%	+8.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.01%	11.17%	+5.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.01%	11.17%	+5.84%

ASGM vs. XRLX - Expense Ratio Comparison

ASGM has a 0.86% expense ratio, which is lower than XRLX's 1.63% expense ratio.

Dividends

ASGM vs. XRLX - Dividend Comparison

ASGM's dividend yield for the trailing twelve months is around 3.84%, more than XRLX's 2.62% yield.

Position	TTM	2025	2024	2023
ASGM Virtus AlphaSimplex Global Macro ETF	3.84%	4.52%	0.00%	0.00%
XRLX FundX Conservative ETF	2.62%	2.77%	1.66%	1.68%

Frequently Asked Questions

Can I hold both ASGM and XRLX in my portfolio?

ASGM and XRLX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASGM or XRLX?

On fees, ASGM is cheaper at 0.86% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASGM or XRLX?

ASGM is cheaper with a 0.86% expense ratio, compared with 1.63% for XRLX.

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

ASGM has the higher dividend yield at 3.84%, compared with 2.62% for XRLX.

What is the main difference between ASGM and XRLX?

They also come from different issuers: Virtus and FundX. Their fees differ too: 0.86% for ASGM and 1.63% for XRLX.