FIXP vs. XFLX

Last updated Jun 24, 2026

FIXP (FolioBeyond Enhanced Fixed Income Premium ETF) and XFLX (FundX Flexible ETF) are both Multisector Bonds funds. Both are actively managed. Over the past year, FIXP returned 6.06% vs 4.36% for XFLX. A 0.51 correlation means they provide meaningful diversification when combined. FIXP charges 1.01%/yr vs 1.17%/yr for XFLX.

Performance

FIXP vs. XFLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) and FundX Flexible ETF (XFLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIXP achieves a 1.29% return, which is significantly higher than XFLX's 1.14% return.

FIXP

• 1D: -0.08%
• 1M: 0.22%
• YTD: 1.29%
• 6M: 1.48%
• 1Y: 6.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XFLX

• 1D: -0.11%
• 1M: 0.37%
• YTD: 1.14%
• 6M: 1.26%
• 1Y: 4.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FIXP vs. XFLX - Yearly Performance Comparison

	2026 (YTD)	2025
FIXP FolioBeyond Enhanced Fixed Income Premium ETF	1.29%	4.62%
XFLX FundX Flexible ETF	1.14%	1.69%

Correlation

The correlation between FIXP and XFLX is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jan 23, 2025	0.51

The correlation between FIXP and XFLX has been stable across timeframes, ranging from 0.51 to 0.52 - a consistent structural relationship.

Return for Risk

FIXP vs. XFLX — Risk / Return Rank

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

FIXP

FIXP Risk / Return Rank: 67
FIXP Sharpe Ratio Rank: 64
FIXP Sortino Ratio Rank: 69
FIXP Omega Ratio Rank: 69
FIXP Calmar Ratio Rank: 63
FIXP Martin Ratio Rank: 71

XFLX

XFLX Risk / Return Rank: 36
XFLX Sharpe Ratio Rank: 36
XFLX Sortino Ratio Rank: 36
XFLX Omega Ratio Rank: 37
XFLX Calmar Ratio Rank: 30
XFLX Martin Ratio Rank: 39

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.

FIXP vs. XFLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) and FundX Flexible ETF (XFLX). 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.

	FIXP	XFLX	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.21	+0.71
Sortino ratio: Return per unit of downside risk	2.84	1.77	+1.07
Omega ratio: Gain probability vs. loss probability	1.37	1.23	+0.14
Calmar ratio: Return relative to maximum drawdown	2.85	1.41	+1.44
Martin ratio: Return relative to average drawdown	11.96	5.73	+6.23

FIXP vs. XFLX - Sharpe Ratio Comparison

The current FIXP Sharpe Ratio is 1.91, which is higher than the XFLX Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of FIXP and XFLX, 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

FIXP vs. XFLX - Drawdown Comparison

The maximum FIXP drawdown since its inception was -3.42%, smaller than the maximum XFLX drawdown of -6.54%. Use the drawdown chart below to compare losses from any high point for FIXP and XFLX.

Drawdown Indicators

	FIXP	XFLX	Difference
Max Drawdown Largest peak-to-trough decline	-3.42%	-6.54%	+3.12%
Max Drawdown (1Y) Largest decline over 1 year	-2.14%	-3.11%	+0.97%
Current Drawdown Current decline from peak	-0.60%	-0.47%	-0.13%
Average Drawdown Average peak-to-trough decline	-0.53%	-0.94%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.51%	0.76%	-0.25%

Volatility

FIXP vs. XFLX - Volatility Comparison

FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) has a higher volatility of 1.34% compared to FundX Flexible ETF (XFLX) at 1.07%. This indicates that FIXP's price experiences larger fluctuations and is considered to be riskier than XFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIXP	XFLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.34%	1.07%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	2.72%	3.10%	-0.38%
Volatility (1Y) Calculated over the trailing 1-year period	3.18%	3.63%	-0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.85%	4.68%	-0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.85%	4.68%	-0.83%

FIXP vs. XFLX - Expense Ratio Comparison

FIXP has a 1.01% expense ratio, which is lower than XFLX's 1.17% expense ratio.

Dividends

FIXP vs. XFLX - Dividend Comparison

FIXP's dividend yield for the trailing twelve months is around 5.39%, less than XFLX's 9.69% yield.

Position	TTM	2025	2024	2023
FIXP FolioBeyond Enhanced Fixed Income Premium ETF	5.39%	5.27%	0.00%	0.00%
XFLX FundX Flexible ETF	9.69%	9.80%	4.55%	4.05%

Frequently Asked Questions

Can I hold both FIXP and XFLX in my portfolio?

FIXP and XFLX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIXP or XFLX?

FIXP has higher volatility (1.34%) compared to XFLX (1.07%). In terms of maximum drawdown, FIXP dropped -3.42% vs XFLX's -6.54%.

Which ETF is better, FIXP or XFLX?

On 1-year performance, FIXP leads with 6.06% vs 4.36% for XFLX. On fees, FIXP is cheaper at 1.01% per year. On volatility, XFLX has been the lower-risk option at 1.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FIXP or XFLX?

Over the 1-year period, FIXP has performed better with a 6.06% return vs 4.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FIXP or XFLX?

FIXP is cheaper with a 1.01% expense ratio, compared with 1.17% for XFLX.

Which ETF pays a higher dividend yield, FIXP or XFLX?

XFLX has the higher dividend yield at 9.69%, compared with 5.39% for FIXP.

What is the main difference between FIXP and XFLX?

They also come from different issuers: FolioBeyond and FundX. Their fees differ too: 1.01% for FIXP and 1.17% for XFLX.

Which has better risk-adjusted returns?

FIXP currently has the higher Sharpe Ratio (1.91 vs 1.21), 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.