XRLX vs. ALLW

Last updated Jun 24, 2026

XRLX (FundX Conservative ETF) and ALLW (State Street Bridgewater All Weather ETF) are both Tactical Allocation funds. Both are actively managed. Over the past year, XRLX returned 14.99% vs 17.58% for ALLW. A 0.64 correlation means they provide meaningful diversification when combined. XRLX charges 1.63%/yr vs 0.85%/yr for ALLW.

Performance

XRLX vs. ALLW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FundX Conservative ETF (XRLX) and State Street Bridgewater All Weather ETF (ALLW). 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 XRLX having a 5.80% return and ALLW slightly higher at 5.97%.

XRLX

• 1D: -1.63%
• 1M: -0.37%
• YTD: 5.80%
• 6M: 5.49%
• 1Y: 14.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ALLW

• 1D: -1.02%
• 1M: -2.41%
• YTD: 5.97%
• 6M: 5.04%
• 1Y: 17.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRLX vs. ALLW - Yearly Performance Comparison

	2026 (YTD)	2025
XRLX FundX Conservative ETF	5.80%	8.98%
ALLW State Street Bridgewater All Weather ETF	5.97%	15.44%

Correlation

The correlation between XRLX and ALLW is 0.67, 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	0.67
Correlation (All Time) Calculated using the full available price history since Mar 6, 2025	0.64

The correlation between XRLX and ALLW has been stable across timeframes, ranging from 0.64 to 0.67 - a consistent structural relationship.

Return for Risk

XRLX vs. ALLW — Risk / Return Rank

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

XRLX

XRLX Risk / Return Rank: 56
XRLX Sharpe Ratio Rank: 54
XRLX Sortino Ratio Rank: 54
XRLX Omega Ratio Rank: 55
XRLX Calmar Ratio Rank: 53
XRLX Martin Ratio Rank: 62

ALLW

ALLW Risk / Return Rank: 50
ALLW Sharpe Ratio Rank: 48
ALLW Sortino Ratio Rank: 45
ALLW Omega Ratio Rank: 47
ALLW Calmar Ratio Rank: 51
ALLW Martin Ratio Rank: 57

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.

XRLX vs. ALLW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FundX Conservative ETF (XRLX) and State Street Bridgewater All Weather ETF (ALLW). 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.

	XRLX	ALLW	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.60	+0.11
Sortino ratio: Return per unit of downside risk	2.40	2.16	+0.24
Omega ratio: Gain probability vs. loss probability	1.32	1.29	+0.03
Calmar ratio: Return relative to maximum drawdown	2.40	2.44	-0.04
Martin ratio: Return relative to average drawdown	10.36	9.71	+0.65

XRLX vs. ALLW - Sharpe Ratio Comparison

The current XRLX Sharpe Ratio is 1.71, which is comparable to the ALLW Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of XRLX and ALLW, 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

XRLX vs. ALLW - Drawdown Comparison

The maximum XRLX drawdown since its inception was -15.33%, which is greater than ALLW's maximum drawdown of -8.78%. Use the drawdown chart below to compare losses from any high point for XRLX and ALLW.

Drawdown Indicators

	XRLX	ALLW	Difference
Max Drawdown Largest peak-to-trough decline	-15.33%	-8.78%	-6.55%
Max Drawdown (1Y) Largest decline over 1 year	-6.28%	-7.23%	+0.95%
Current Drawdown Current decline from peak	-2.36%	-3.73%	+1.37%
Average Drawdown Average peak-to-trough decline	-1.70%	-1.25%	-0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.45%	1.81%	-0.36%

Volatility

XRLX vs. ALLW - Volatility Comparison

FundX Conservative ETF (XRLX) and State Street Bridgewater All Weather ETF (ALLW) have volatilities of 4.02% and 4.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XRLX	ALLW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.02%	4.00%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	7.48%	9.34%	-1.86%
Volatility (1Y) Calculated over the trailing 1-year period	8.85%	11.05%	-2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.17%	12.71%	-1.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.17%	12.71%	-1.54%

XRLX vs. ALLW - Expense Ratio Comparison

XRLX has a 1.63% expense ratio, which is higher than ALLW's 0.85% expense ratio.

Dividends

XRLX vs. ALLW - Dividend Comparison

XRLX's dividend yield for the trailing twelve months is around 2.62%, less than ALLW's 4.41% yield.

Position	TTM	2025	2024	2023
ALLW State Street Bridgewater All Weather ETF	4.41%	4.67%	0.00%	0.00%
XRLX FundX Conservative ETF	2.62%	2.77%	1.66%	1.68%

Frequently Asked Questions

Can I hold both XRLX and ALLW in my portfolio?

XRLX and ALLW have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XRLX or ALLW?

XRLX has higher volatility (4.02%) compared to ALLW (4.00%). In terms of maximum drawdown, XRLX dropped -15.33% vs ALLW's -8.78%.

Which ETF is better, XRLX or ALLW?

On 1-year performance, ALLW leads with 17.58% vs 14.99% for XRLX. On fees, ALLW is cheaper at 0.85% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XRLX or ALLW?

Over the 1-year period, ALLW has performed better with a 17.58% return vs 14.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XRLX or ALLW?

ALLW is cheaper with a 0.85% expense ratio, compared with 1.63% for XRLX.

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

ALLW has the higher dividend yield at 4.41%, compared with 2.62% for XRLX.

What is the main difference between XRLX and ALLW?

They also come from different issuers: FundX and State Street. Their fees differ too: 1.63% for XRLX and 0.85% for ALLW.

Which has better risk-adjusted returns?

XRLX currently has the higher Sharpe Ratio (1.71 vs 1.60), 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.