WAMA vs. XRLX

Last updated Jun 4, 2026

WAMA (WisdomTree U.S. Adaptive Moving Average Fund) and XRLX (FundX Conservative ETF) are both Tactical Allocation funds. WAMA is passively managed, while XRLX is actively managed. With a 0.95 correlation, they move nearly in lockstep. WAMA charges 0.32%/yr vs 1.63%/yr for XRLX.

Performance

WAMA vs. XRLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Adaptive Moving Average Fund (WAMA) and FundX Conservative ETF (XRLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WAMA

• 1D: -0.73%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRLX

• 1D: -0.47%
• 1M: 4.47%
• YTD: 7.85%
• 6M: 8.12%
• 1Y: 17.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WAMA vs. XRLX - Yearly Performance Comparison

	2026 (YTD)
WAMA WisdomTree U.S. Adaptive Moving Average Fund	2.77%
XRLX FundX Conservative ETF	2.48%

Correlation

The correlation between WAMA and XRLX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 7, 2026	0.95

Return for Risk

WAMA vs. XRLX — Risk / Return Rank

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

XRLX

XRLX Risk / Return Rank: 67
XRLX Sharpe Ratio Rank: 68
XRLX Sortino Ratio Rank: 70
XRLX Omega Ratio Rank: 69
XRLX Calmar Ratio Rank: 58
XRLX Martin Ratio Rank: 70

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.

WAMA vs. XRLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Adaptive Moving Average Fund (WAMA) 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.

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

Sharpe Ratios by Period

	WAMA	XRLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.87	1.41	+3.46

Drawdowns

WAMA vs. XRLX - Drawdown Comparison

The maximum WAMA drawdown since its inception was -1.91%, smaller than the maximum XRLX drawdown of -15.33%. Use the drawdown chart below to compare losses from any high point for WAMA and XRLX.

Drawdown Indicators

	WAMA	XRLX	Difference
Max Drawdown Largest peak-to-trough decline	-1.91%	-15.33%	+13.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.28%	—
Current Drawdown Current decline from peak	-0.73%	-0.47%	-0.26%
Average Drawdown Average peak-to-trough decline	-0.39%	-1.70%	+1.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.39%	—

Volatility

Volatility by Period

	WAMA	XRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.59%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.20%	8.10%	+1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.20%	11.05%	-1.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.20%	11.05%	-1.85%

WAMA vs. XRLX - Expense Ratio Comparison

WAMA has a 0.32% expense ratio, which is lower than XRLX's 1.63% expense ratio.

Dividends

WAMA vs. XRLX - Dividend Comparison

WAMA has not paid dividends to shareholders, while XRLX's dividend yield for the trailing twelve months is around 2.57%.

Position	TTM	2025	2024	2023
WAMA WisdomTree U.S. Adaptive Moving Average Fund	0.00%	0.00%	0.00%	0.00%
XRLX FundX Conservative ETF	2.57%	2.77%	1.66%	1.68%

Frequently Asked Questions

Can I hold both WAMA and XRLX in my portfolio?

With a correlation of 0.95, WAMA and XRLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, WAMA or XRLX?

On fees, WAMA is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WAMA or XRLX?

WAMA is cheaper with a 0.32% expense ratio, compared with 1.63% for XRLX.

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

XRLX has the higher dividend yield at 2.57%, compared with 0.00% for WAMA.

What is the main difference between WAMA and XRLX?

They also come from different issuers: WisdomTree and FundX. Their fees differ too: 0.32% for WAMA and 1.63% for XRLX.