XFLX vs. CRDT

Last updated Jun 4, 2026

XFLX (FundX Flexible ETF) and CRDT (Simplify Opportunistic Income ETF) are both Multisector Bonds funds. Both are actively managed. Over the past year, XFLX returned 4.92% vs 2.41% for CRDT. At a 0.47 correlation, their price movements are largely independent. XFLX charges 1.17%/yr vs 0.50%/yr for CRDT.

Performance

XFLX vs. CRDT - Performance Comparison

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

Returns By Period

In the year-to-date period, XFLX achieves a 1.16% return, which is significantly lower than CRDT's 2.58% return.

XFLX

• 1D: -0.22%
• 1M: 0.69%
• YTD: 1.16%
• 6M: 1.08%
• 1Y: 4.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRDT

• 1D: -1.49%
• 1M: 1.76%
• YTD: 2.58%
• 6M: 3.24%
• 1Y: 2.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XFLX vs. CRDT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XFLX FundX Flexible ETF	1.16%	2.56%	4.01%	3.90%
CRDT Simplify Opportunistic Income ETF	2.58%	-0.67%	5.19%	3.20%

Correlation

The correlation between XFLX and CRDT is 0.55, 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	0.55
Correlation (All Time) Calculated using the full available price history since Oct 10, 2023	0.47

The correlation between XFLX and CRDT has been stable across timeframes, ranging from 0.47 to 0.55 - a consistent structural relationship.

XFLX vs. CRDT - Sectors Allocation Comparison

Sectors	XFLX	CRDT
Technology	17.7%	-
Industrials	17.4%	-
Financial Services	14.5%	0.5%
Healthcare	9.4%	-
Utilities	8.9%	-
Communication Services	8.5%	-
Basic Materials	7.0%	-
Consumer Cyclical	6.2%	0.5%
Consumer Defensive	4.6%	-
Real Estate	3.7%	7.0%
Energy	2.1%	-

Return for Risk

XFLX vs. CRDT — Risk / Return Rank

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

XFLX

XFLX Risk / Return Rank: 39
XFLX Sharpe Ratio Rank: 40
XFLX Sortino Ratio Rank: 40
XFLX Omega Ratio Rank: 41
XFLX Calmar Ratio Rank: 32
XFLX Martin Ratio Rank: 41

CRDT

CRDT Risk / Return Rank: 13
CRDT Sharpe Ratio Rank: 13
CRDT Sortino Ratio Rank: 12
CRDT Omega Ratio Rank: 12
CRDT Calmar Ratio Rank: 13
CRDT Martin Ratio Rank: 14

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. CRDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FundX Flexible ETF (XFLX) and Simplify Opportunistic Income ETF (CRDT). 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.

	XFLX	CRDT	Difference
Sharpe ratio Return per unit of total volatility	1.40	0.28	+1.12
Sortino ratio Return per unit of downside risk	2.05	0.43	+1.62
Omega ratio Gain probability vs. loss probability	1.27	1.06	+0.21
Calmar ratio Return relative to maximum drawdown	1.59	0.34	+1.25
Martin ratio Return relative to average drawdown	6.54	1.01	+5.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XFLX vs. CRDT - Sharpe Ratio Comparison

The current XFLX Sharpe Ratio is 1.40, which is higher than the CRDT Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of XFLX and CRDT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XFLX	CRDT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	0.28	+1.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	0.59	+0.35

Drawdowns

XFLX vs. CRDT - Drawdown Comparison

The maximum XFLX drawdown since its inception was -6.54%, smaller than the maximum CRDT drawdown of -9.80%. Use the drawdown chart below to compare losses from any high point for XFLX and CRDT.

Drawdown Indicators

	XFLX	CRDT	Difference
Max Drawdown Largest peak-to-trough decline	-6.54%	-9.80%	+3.26%
Max Drawdown (1Y) Largest decline over 1 year	-3.11%	-7.18%	+4.07%
Current Drawdown Current decline from peak	-0.45%	-2.66%	+2.21%
Average Drawdown Average peak-to-trough decline	-0.95%	-2.32%	+1.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.75%	2.40%	-1.65%

Volatility

XFLX vs. CRDT - Volatility Comparison

The current volatility for FundX Flexible ETF (XFLX) is 1.22%, while Simplify Opportunistic Income ETF (CRDT) has a volatility of 3.75%. This indicates that XFLX experiences smaller price fluctuations and is considered to be less risky than CRDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XFLX	CRDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.22%	3.75%	-2.53%
Volatility (6M) Calculated over the trailing 6-month period	3.05%	7.64%	-4.59%
Volatility (1Y) Calculated over the trailing 1-year period	3.53%	8.77%	-5.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.70%	7.05%	-2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.70%	7.05%	-2.35%

XFLX vs. CRDT - Expense Ratio Comparison

XFLX has a 1.17% expense ratio, which is higher than CRDT's 0.50% expense ratio.

Dividends

XFLX vs. CRDT - Dividend Comparison

XFLX's dividend yield for the trailing twelve months is around 9.68%, more than CRDT's 6.29% yield.

Position	TTM	2025	2024	2023
CRDT Simplify Opportunistic Income ETF	6.29%	7.04%	7.29%	2.59%
XFLX FundX Flexible ETF	9.68%	9.80%	4.55%	4.05%

Frequently Asked Questions

Can I hold both XFLX and CRDT in my portfolio?

XFLX and CRDT have a correlation of 0.55, 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 CRDT?

CRDT has higher volatility (3.75%) compared to XFLX (1.22%). In terms of maximum drawdown, XFLX dropped -6.54% vs CRDT's -9.80%.

Which ETF is better, XFLX or CRDT?

On 1-year performance, XFLX leads with 4.92% vs 2.41% for CRDT. On fees, CRDT is cheaper at 0.50% per year. On volatility, XFLX has been the lower-risk option at 1.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XFLX or CRDT?

Over the 1-year period, XFLX has performed better with a 4.92% return vs 2.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XFLX or CRDT?

CRDT is cheaper with a 0.50% expense ratio, compared with 1.17% for XFLX.

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

XFLX has the higher dividend yield at 9.68%, compared with 6.29% for CRDT.

What is the main difference between XFLX and CRDT?

They also come from different issuers: FundX and Simplify. Their fees differ too: 1.17% for XFLX and 0.50% for CRDT.

Which has better risk-adjusted returns?

XFLX currently has the higher Sharpe Ratio (1.40 vs 0.28), 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.