XNAV vs. SPIT

Last updated Jul 17, 2026

XNAV (FundX Aggressive ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. XNAV charges 1.30%/yr vs 0.89%/yr for SPIT.

Performance

XNAV vs. SPIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FundX Aggressive ETF (XNAV) and F/m Emerald Special Situations ETF (SPIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XNAV achieves a 11.27% return, which is significantly lower than SPIT's 25.12% return.

XNAV

• 1D: -2.51%
• 1M: -7.47%
• 6M: 6.39%
• YTD: 11.27%
• 1Y: 25.22%
• 3Y*: 18.02%
• 5Y*: —
• 10Y*: —

SPIT

• 1D: -1.56%
• 1M: -1.75%
• 6M: 14.70%
• YTD: 25.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XNAV vs. SPIT - Yearly Performance Comparison

	2026 (YTD)	2025
XNAV FundX Aggressive ETF	11.27%	2.67%
SPIT F/m Emerald Special Situations ETF	25.12%	5.31%

Correlation

The correlation between XNAV and SPIT is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.81

Return for Risk

XNAV vs. SPIT — Risk / Return Rank

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

XNAV

XNAV Risk / Return Rank: 47
XNAV Sharpe Ratio Rank: 44
XNAV Sortino Ratio Rank: 40
XNAV Omega Ratio Rank: 43
XNAV Calmar Ratio Rank: 55
XNAV Martin Ratio Rank: 54

SPIT

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

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. SPIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FundX Aggressive ETF (XNAV) and F/m Emerald Special Situations ETF (SPIT). 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	SPIT	Difference
Sharpe ratio: Return per unit of total volatility	1.28	—	—
Sortino ratio: Return per unit of downside risk	1.73	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	2.21	—	—
Martin ratio: Return relative to average drawdown	7.42	—	—

Drawdowns

XNAV vs. SPIT - Drawdown Comparison

The maximum XNAV drawdown since its inception was -24.27%, which is greater than SPIT's maximum drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for XNAV and SPIT.

Drawdown Indicators

	XNAV	SPIT	Difference
Max Drawdown Largest peak-to-trough decline	-24.27%	-12.49%	-11.78%
Max Drawdown (1Y) Largest decline over 1 year	-11.47%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.27%	—	—
Current Drawdown Current decline from peak	-10.63%	-7.05%	-3.58%
Average Drawdown Average peak-to-trough decline	-3.64%	-2.56%	-1.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.41%	—	—

Volatility

Volatility by Period

	XNAV	SPIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.77%	26.27%	-6.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.35%	26.27%	-6.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.35%	26.27%	-6.92%

XNAV vs. SPIT - Expense Ratio Comparison

XNAV has a 1.30% expense ratio, which is higher than SPIT's 0.89% expense ratio.

Dividends

XNAV vs. SPIT - Dividend Comparison

XNAV's dividend yield for the trailing twelve months is around 0.52%, less than SPIT's 5.74% yield.

Position	TTM	2025	2024	2023	2022
SPIT F/m Emerald Special Situations ETF	5.74%	7.18%	0.00%	0.00%	0.00%
XNAV FundX Aggressive ETF	0.52%	0.58%	0.09%	1.21%	1.47%

Frequently Asked Questions

Can I hold both XNAV and SPIT in my portfolio?

XNAV and SPIT have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XNAV or SPIT?

On fees, SPIT is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XNAV or SPIT?

SPIT is cheaper with a 0.89% expense ratio, compared with 1.30% for XNAV.

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

SPIT has the higher dividend yield at 5.74%, compared with 0.52% for XNAV.

What is the main difference between XNAV and SPIT?

They also come from different issuers: FundX and F/m Investments. Their fees differ too: 1.30% for XNAV and 0.89% for SPIT.