XNAV vs. MFUS

Last updated Jun 26, 2026

XNAV (FundX Aggressive ETF) and MFUS (PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF) are both Large Cap Growth Equities funds. XNAV is actively managed, while MFUS is passively managed. Over the past 3 years, XNAV returned 22.81%/yr vs 22.30%/yr for MFUS. Their correlation of 0.80 suggests significant overlap in exposure. XNAV charges 1.30%/yr vs 0.30%/yr for MFUS.

Performance

XNAV vs. MFUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FundX Aggressive ETF (XNAV) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with XNAV having a 18.25% return and MFUS slightly higher at 18.43%.

XNAV

• 1D: 1.18%
• 1M: -3.39%
• YTD: 18.25%
• 6M: 16.54%
• 1Y: 36.06%
• 3Y*: 22.81%
• 5Y*: —
• 10Y*: —

MFUS

• 1D: 1.19%
• 1M: 2.88%
• YTD: 18.43%
• 6M: 17.11%
• 1Y: 29.07%
• 3Y*: 22.30%
• 5Y*: 13.23%
• 10Y*: —

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

XNAV vs. MFUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XNAV FundX Aggressive ETF	18.25%	13.61%	25.44%	16.11%	8.67%
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	18.43%	16.02%	20.17%	12.19%	9.92%

Correlation

The correlation between XNAV and MFUS is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (All Time) Calculated using the full available price history since Oct 17, 2022	0.80

The correlation between XNAV and MFUS has been stable across timeframes, ranging from 0.79 to 0.80 - a consistent structural relationship.

XNAV vs. MFUS - Sectors Allocation Comparison

Sectors	XNAV	MFUS
Technology	41.5%	24.7%
Industrials	10.6%	12.2%
Energy	10.5%	6.4%
Financial Services	7.8%	12.0%
Consumer Cyclical	6.7%	10.5%
Basic Materials	6.2%	2.8%
Communication Services	5.7%	5.1%
Healthcare	3.8%	13.4%
Consumer Defensive	3.3%	9.7%
Utilities	3.3%	1.6%
Real Estate	0.7%	1.7%

Return for Risk

XNAV vs. MFUS — Risk / Return Rank

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

XNAV

XNAV Risk / Return Rank: 68
XNAV Sharpe Ratio Rank: 69
XNAV Sortino Ratio Rank: 61
XNAV Omega Ratio Rank: 66
XNAV Calmar Ratio Rank: 71
XNAV Martin Ratio Rank: 74

MFUS

MFUS Risk / Return Rank: 90
MFUS Sharpe Ratio Rank: 90
MFUS Sortino Ratio Rank: 91
MFUS Omega Ratio Rank: 88
MFUS Calmar Ratio Rank: 88
MFUS Martin Ratio Rank: 91

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.

XNAV vs. MFUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FundX Aggressive ETF (XNAV) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). 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.

	XNAV	MFUS	Difference
Sharpe ratio: Return per unit of total volatility	1.95	2.60	-0.65
Sortino ratio: Return per unit of downside risk	2.52	3.69	-1.17
Omega ratio: Gain probability vs. loss probability	1.35	1.47	-0.12
Calmar ratio: Return relative to maximum drawdown	3.16	4.57	-1.41
Martin ratio: Return relative to average drawdown	12.32	18.56	-6.24

XNAV vs. MFUS - Sharpe Ratio Comparison

The current XNAV Sharpe Ratio is 1.95, which is comparable to the MFUS Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of XNAV and MFUS, 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

XNAV vs. MFUS - Drawdown Comparison

The maximum XNAV drawdown since its inception was -24.27%, smaller than the maximum MFUS drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for XNAV and MFUS.

Drawdown Indicators

	XNAV	MFUS	Difference
Max Drawdown Largest peak-to-trough decline	-24.27%	-35.21%	+10.94%
Max Drawdown (1Y) Largest decline over 1 year	-11.47%	-6.39%	-5.08%
Max Drawdown (3Y) Largest decline over 3 years	-24.27%	-15.39%	-8.88%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.22%	—
Current Drawdown Current decline from peak	-5.02%	0.00%	-5.02%
Average Drawdown Average peak-to-trough decline	-3.59%	-3.97%	+0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	1.57%	+1.37%

Volatility

XNAV vs. MFUS - Volatility Comparison

FundX Aggressive ETF (XNAV) has a higher volatility of 9.19% compared to PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) at 4.31%. This indicates that XNAV's price experiences larger fluctuations and is considered to be riskier than MFUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XNAV	MFUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.19%	4.31%	+4.88%
Volatility (6M) Calculated over the trailing 6-month period	16.06%	8.95%	+7.11%
Volatility (1Y) Calculated over the trailing 1-year period	18.56%	11.24%	+7.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.14%	15.09%	+4.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.14%	17.34%	+1.80%

XNAV vs. MFUS - Expense Ratio Comparison

XNAV has a 1.30% expense ratio, which is higher than MFUS's 0.30% expense ratio.

Dividends

XNAV vs. MFUS - Dividend Comparison

XNAV's dividend yield for the trailing twelve months is around 0.49%, less than MFUS's 1.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	1.33%	1.54%	1.45%	1.96%	2.07%	1.35%	1.72%	1.89%	1.69%	1.01%
XNAV FundX Aggressive ETF	0.49%	0.58%	0.09%	1.21%	1.47%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XNAV and MFUS in my portfolio?

XNAV and MFUS have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XNAV or MFUS?

XNAV has higher volatility (9.19%) compared to MFUS (4.31%). In terms of maximum drawdown, XNAV dropped -24.27% vs MFUS's -35.21%.

Which ETF is better, XNAV or MFUS?

On 3-year performance, XNAV leads with 22.81% vs 22.30% for MFUS. On fees, MFUS is cheaper at 0.30% per year. On volatility, MFUS has been the lower-risk option at 4.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XNAV or MFUS?

Over the 3-year period, XNAV has performed better with a 22.81% return vs 22.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XNAV or MFUS?

MFUS is cheaper with a 0.30% expense ratio, compared with 1.30% for XNAV.

Which ETF pays a higher dividend yield, XNAV or MFUS?

MFUS has the higher dividend yield at 1.33%, compared with 0.49% for XNAV.

What is the main difference between XNAV and MFUS?

They also come from different issuers: FundX and PIMCO. Their fees differ too: 1.30% for XNAV and 0.30% for MFUS.

Which has better risk-adjusted returns?

MFUS currently has the higher Sharpe Ratio (2.60 vs 1.95), 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.