XRLX vs. THRO

Last updated Apr 1, 2026

Compare and contrast key facts about FundX Conservative ETF (XRLX) and iShares U.S. Thematic Rotation Active ETF (THRO).

XRLX and THRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XRLX is an actively managed fund by FundX. It was launched on Jul 1, 2002. THRO is an actively managed fund by iShares. It was launched on Dec 14, 2021.

Performance

XRLX vs. THRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FundX Conservative ETF (XRLX) and iShares U.S. Thematic Rotation Active ETF (THRO). The values are adjusted to include any dividend payments, if applicable.

XRLX vs. THRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XRLX FundX Conservative ETF	-2.74%	7.85%	17.61%	7.14%
THRO iShares U.S. Thematic Rotation Active ETF	-6.03%	15.04%	32.03%	9.07%

Returns By Period

In the year-to-date period, XRLX achieves a -2.74% return, which is significantly higher than THRO's -6.03% return.

XRLX

• 1D: 1.97%
• 1M: -3.67%
• YTD: -2.74%
• 6M: -1.02%
• 1Y: 10.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

THRO

• 1D: 3.19%
• 1M: -5.19%
• YTD: -6.03%
• 6M: -4.26%
• 1Y: 14.50%
• 3Y*: 17.79%
• 5Y*: —
• 10Y*: —

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

XRLX vs. THRO - Expense Ratio Comparison

XRLX has a 1.63% expense ratio, which is higher than THRO's 0.60% expense ratio.

XRLX

FundX Conservative ETF

THRO

iShares U.S. Thematic Rotation Active ETF

Return for Risk

XRLX vs. THRO — Risk / Return Rank

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

XRLX

XRLX Risk / Return Rank: 51
XRLX Sharpe Ratio Rank: 48
XRLX Sortino Ratio Rank: 48
XRLX Omega Ratio Rank: 56
XRLX Calmar Ratio Rank: 45
XRLX Martin Ratio Rank: 59

THRO

THRO Risk / Return Rank: 52
THRO Sharpe Ratio Rank: 46
THRO Sortino Ratio Rank: 49
THRO Omega Ratio Rank: 49
THRO Calmar Ratio Rank: 57
THRO Martin Ratio Rank: 58

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. THRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FundX Conservative ETF (XRLX) and iShares U.S. Thematic Rotation Active ETF (THRO). 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.

	XRLX	THRO	Difference
Sharpe ratio Return per unit of total volatility	0.89	0.80	+0.09
Sortino ratio Return per unit of downside risk	1.33	1.27	+0.06
Omega ratio Gain probability vs. loss probability	1.21	1.18	+0.03
Calmar ratio Return relative to maximum drawdown	1.20	1.38	-0.17
Martin ratio Return relative to average drawdown	5.90	5.51	+0.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XRLX vs. THRO - Sharpe Ratio Comparison

The current XRLX Sharpe Ratio is 0.89, which is comparable to the THRO Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of XRLX and THRO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XRLX	THRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	0.80	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.52	+0.56

Correlation

The correlation between XRLX and THRO is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XRLX vs. THRO - Dividend Comparison

XRLX's dividend yield for the trailing twelve months is around 2.85%, more than THRO's 0.19% yield.

	TTM	2025	2024	2023	2022
XRLX FundX Conservative ETF	2.85%	2.77%	1.66%	1.68%	0.00%
THRO iShares U.S. Thematic Rotation Active ETF	0.19%	0.15%	0.73%	0.55%	0.90%

Drawdowns

XRLX vs. THRO - Drawdown Comparison

The maximum XRLX drawdown since its inception was -15.33%, smaller than the maximum THRO drawdown of -26.54%. Use the drawdown chart below to compare losses from any high point for XRLX and THRO.

Drawdown Indicators

	XRLX	THRO	Difference
Max Drawdown Largest peak-to-trough decline	-15.33%	-26.54%	+11.21%
Max Drawdown (1Y) Largest decline over 1 year	-8.91%	-10.97%	+2.06%
Current Drawdown Current decline from peak	-4.43%	-8.03%	+3.60%
Average Drawdown Average peak-to-trough decline	-1.77%	-6.92%	+5.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	2.74%	-0.92%

Volatility

XRLX vs. THRO - Volatility Comparison

The current volatility for FundX Conservative ETF (XRLX) is 4.18%, while iShares U.S. Thematic Rotation Active ETF (THRO) has a volatility of 5.66%. This indicates that XRLX experiences smaller price fluctuations and is considered to be less risky than THRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XRLX	THRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	5.66%	-1.48%
Volatility (6M) Calculated over the trailing 6-month period	6.47%	10.33%	-3.86%
Volatility (1Y) Calculated over the trailing 1-year period	11.96%	18.25%	-6.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.18%	18.89%	-7.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.18%	18.89%	-7.71%