XFLX vs. COMB

Last updated Jul 12, 2026

XFLX (FundX Flexible ETF) and COMB (GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF) are both exchange-traded funds - XFLX is a Multisector Bonds fund actively managed by FundX, while COMB is a Commodities fund actively managed by GraniteShares. Both are actively managed. Over the past year, XFLX returned 4.07% vs 25.91% for COMB. At a 0.02 correlation, their price movements are largely independent. XFLX charges 1.17%/yr vs 0.25%/yr for COMB.

Performance

XFLX vs. COMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FundX Flexible ETF (XFLX) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XFLX achieves a 1.36% return, which is significantly lower than COMB's 17.53% return.

XFLX

• 1D: -0.05%
• 1M: 0.07%
• 6M: 0.93%
• YTD: 1.36%
• 1Y: 4.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COMB

• 1D: 0.00%
• 1M: -1.59%
• 6M: 14.82%
• YTD: 17.53%
• 1Y: 25.91%
• 3Y*: 11.95%
• 5Y*: 9.83%
• 10Y*: —

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

XFLX vs. COMB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XFLX FundX Flexible ETF	1.36%	2.56%	4.01%	3.90%
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF	17.53%	15.12%	5.24%	-2.04%

Correlation

The correlation between XFLX and COMB is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (All Time) Calculated using the full available price history since Oct 9, 2023	0.02

The correlation between XFLX and COMB shifts across timeframes, from -0.14 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XFLX vs. COMB — Risk / Return Rank

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

XFLX

XFLX Risk / Return Rank: 37
XFLX Sharpe Ratio Rank: 38
XFLX Sortino Ratio Rank: 38
XFLX Omega Ratio Rank: 38
XFLX Calmar Ratio Rank: 31
XFLX Martin Ratio Rank: 41

COMB

COMB Risk / Return Rank: 52
COMB Sharpe Ratio Rank: 57
COMB Sortino Ratio Rank: 52
COMB Omega Ratio Rank: 57
COMB Calmar Ratio Rank: 45
COMB Martin Ratio Rank: 47

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.

XFLX vs. COMB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FundX Flexible ETF (XFLX) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). 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.

	XFLX	COMB	Difference
Sharpe ratio: Return per unit of total volatility	1.10	1.56	-0.45
Sortino ratio: Return per unit of downside risk	1.62	2.09	-0.47
Omega ratio: Gain probability vs. loss probability	1.21	1.28	-0.07
Calmar ratio: Return relative to maximum drawdown	1.29	1.82	-0.54
Martin ratio: Return relative to average drawdown	5.22	6.14	-0.92

XFLX vs. COMB - Sharpe Ratio Comparison

The current XFLX Sharpe Ratio is 1.10, which is comparable to the COMB Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of XFLX and COMB, 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

XFLX vs. COMB - Drawdown Comparison

The maximum XFLX drawdown since its inception was -6.54%, smaller than the maximum COMB drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for XFLX and COMB.

Drawdown Indicators

	XFLX	COMB	Difference
Max Drawdown Largest peak-to-trough decline	-6.54%	-33.50%	+26.96%
Max Drawdown (1Y) Largest decline over 1 year	-3.11%	-14.84%	+11.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.84%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.63%	—
Current Drawdown Current decline from peak	-0.25%	-11.35%	+11.10%
Average Drawdown Average peak-to-trough decline	-0.92%	-12.05%	+11.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.76%	4.40%	-3.64%

Volatility

XFLX vs. COMB - Volatility Comparison

The current volatility for FundX Flexible ETF (XFLX) is 0.85%, while GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) has a volatility of 4.24%. This indicates that XFLX experiences smaller price fluctuations and is considered to be less risky than COMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XFLX	COMB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.85%	4.24%	-3.39%
Volatility (6M) Calculated over the trailing 6-month period	3.05%	15.09%	-12.04%
Volatility (1Y) Calculated over the trailing 1-year period	3.62%	17.38%	-13.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.65%	16.69%	-12.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.65%	15.15%	-10.50%

XFLX vs. COMB - Expense Ratio Comparison

XFLX has a 1.17% expense ratio, which is higher than COMB's 0.25% expense ratio.

Dividends

XFLX vs. COMB - Dividend Comparison

XFLX's dividend yield for the trailing twelve months is around 9.67%, more than COMB's 7.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF	7.70%	9.05%	2.48%	6.57%	30.85%	15.83%	0.07%	1.48%	0.97%	0.20%
XFLX FundX Flexible ETF	9.67%	9.80%	4.55%	4.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XFLX and COMB in my portfolio?

XFLX and COMB have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XFLX or COMB?

COMB has higher volatility (4.24%) compared to XFLX (0.85%). In terms of maximum drawdown, XFLX dropped -6.54% vs COMB's -33.50%.

Which ETF is better, XFLX or COMB?

On 1-year performance, COMB leads with 25.91% vs 4.07% for XFLX. On fees, COMB is cheaper at 0.25% per year. On volatility, XFLX has been the lower-risk option at 0.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XFLX or COMB?

Over the 1-year period, COMB has performed better with a 25.91% return vs 4.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XFLX or COMB?

COMB is cheaper with a 0.25% expense ratio, compared with 1.17% for XFLX.

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

XFLX has the higher dividend yield at 9.67%, compared with 7.70% for COMB.

What is the main difference between XFLX and COMB?

XFLX is categorized as Multisector Bonds, while COMB is Commodities. They also come from different issuers: FundX and GraniteShares. Their fees differ too: 1.17% for XFLX and 0.25% for COMB.

Which has better risk-adjusted returns?

COMB currently has the higher Sharpe Ratio (1.56 vs 1.10), 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.