DALI vs. XRLX

Last updated Apr 1, 2026

Compare and contrast key facts about First Trust Dorsey Wright DALI 1 ETF (DALI) and FundX Conservative ETF (XRLX).

DALI and XRLX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DALI is a passively managed fund by First Trust that tracks the performance of the Dorsey Wright DALI 1 Index. It was launched on May 14, 2018. XRLX is an actively managed fund by FundX. It was launched on Jul 1, 2002.

Performance

DALI vs. XRLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dorsey Wright DALI 1 ETF (DALI) and FundX Conservative ETF (XRLX). The values are adjusted to include any dividend payments, if applicable.

DALI vs. XRLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DALI First Trust Dorsey Wright DALI 1 ETF	-3.20%	11.89%	19.93%	-12.36%
XRLX FundX Conservative ETF	-2.74%	7.85%	17.61%	7.14%

Returns By Period

In the year-to-date period, DALI achieves a -3.20% return, which is significantly lower than XRLX's -2.74% return.

DALI

• 1D: 2.72%
• 1M: -8.54%
• YTD: -3.20%
• 6M: -1.04%
• 1Y: 16.66%
• 3Y*: 5.00%
• 5Y*: 3.81%
• 10Y*: —

XRLX

• 1D: 1.97%
• 1M: -3.67%
• YTD: -2.74%
• 6M: -1.02%
• 1Y: 10.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DALI vs. XRLX - Expense Ratio Comparison

DALI has a 0.90% expense ratio, which is lower than XRLX's 1.63% expense ratio.

XRLX

FundX Conservative ETF

DALI

First Trust Dorsey Wright DALI 1 ETF

Return for Risk

DALI vs. XRLX — Risk / Return Rank

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

DALI

DALI Risk / Return Rank: 46
DALI Sharpe Ratio Rank: 44
DALI Sortino Ratio Rank: 44
DALI Omega Ratio Rank: 45
DALI Calmar Ratio Rank: 50
DALI Martin Ratio Rank: 48

XRLX

XRLX Risk / Return Rank: 51
XRLX Sharpe Ratio Rank: 48
XRLX Sortino Ratio Rank: 48
XRLX Omega Ratio Rank: 56
XRLX Calmar Ratio Rank: 45
XRLX Martin Ratio Rank: 59

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.

DALI vs. XRLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright DALI 1 ETF (DALI) 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.

	DALI	XRLX	Difference
Sharpe ratio Return per unit of total volatility	0.80	0.89	-0.09
Sortino ratio Return per unit of downside risk	1.22	1.33	-0.11
Omega ratio Gain probability vs. loss probability	1.17	1.21	-0.04
Calmar ratio Return relative to maximum drawdown	1.29	1.20	+0.08
Martin ratio Return relative to average drawdown	4.60	5.90	-1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DALI vs. XRLX - Sharpe Ratio Comparison

The current DALI Sharpe Ratio is 0.80, which is comparable to the XRLX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of DALI and XRLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DALI	XRLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	0.89	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	1.08	-0.83

Correlation

The correlation between DALI and XRLX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DALI vs. XRLX - Dividend Comparison

DALI's dividend yield for the trailing twelve months is around 0.42%, less than XRLX's 2.85% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DALI First Trust Dorsey Wright DALI 1 ETF	0.42%	0.38%	0.18%	3.42%	0.50%	0.11%	1.25%	0.45%	0.17%
XRLX FundX Conservative ETF	2.85%	2.77%	1.66%	1.68%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

DALI vs. XRLX - Drawdown Comparison

The maximum DALI drawdown since its inception was -36.06%, which is greater than XRLX's maximum drawdown of -15.33%. Use the drawdown chart below to compare losses from any high point for DALI and XRLX.

Drawdown Indicators

	DALI	XRLX	Difference
Max Drawdown Largest peak-to-trough decline	-36.06%	-15.33%	-20.73%
Max Drawdown (1Y) Largest decline over 1 year	-12.98%	-8.91%	-4.07%
Max Drawdown (5Y) Largest decline over 5 years	-26.26%	—	—
Current Drawdown Current decline from peak	-9.35%	-4.43%	-4.92%
Average Drawdown Average peak-to-trough decline	-10.31%	-1.77%	-8.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	1.82%	+1.81%

Volatility

DALI vs. XRLX - Volatility Comparison

First Trust Dorsey Wright DALI 1 ETF (DALI) has a higher volatility of 8.34% compared to FundX Conservative ETF (XRLX) at 4.18%. This indicates that DALI'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

	DALI	XRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.34%	4.18%	+4.16%
Volatility (6M) Calculated over the trailing 6-month period	13.45%	6.47%	+6.98%
Volatility (1Y) Calculated over the trailing 1-year period	20.98%	11.96%	+9.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.49%	11.18%	+8.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.92%	11.18%	+9.74%