XRLX vs. WAMA

Last updated Jun 24, 2026

XRLX (FundX Conservative ETF) and WAMA (WisdomTree U.S. Adaptive Moving Average Fund) are both Tactical Allocation funds. XRLX is actively managed, while WAMA is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. XRLX charges 1.63%/yr vs 0.32%/yr for WAMA.

Performance

XRLX vs. WAMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FundX Conservative ETF (XRLX) and WisdomTree U.S. Adaptive Moving Average Fund (WAMA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XRLX

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

WAMA

• 1D: -1.21%
• 1M: -1.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRLX vs. WAMA - Yearly Performance Comparison

	2026 (YTD)
XRLX FundX Conservative ETF	1.75%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	0.33%

Correlation

The correlation between XRLX and WAMA is 0.90, 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 May 6, 2026	0.90

Return for Risk

XRLX vs. WAMA — 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

WAMA

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.

XRLX vs. WAMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FundX Conservative ETF (XRLX) and WisdomTree U.S. Adaptive Moving Average Fund (WAMA). 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	WAMA	Difference
Sharpe ratio: Return per unit of total volatility	1.71	—	—
Sortino ratio: Return per unit of downside risk	2.40	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.40	—	—
Martin ratio: Return relative to average drawdown	10.36	—	—

Drawdowns

XRLX vs. WAMA - Drawdown Comparison

The maximum XRLX drawdown since its inception was -15.33%, which is greater than WAMA's maximum drawdown of -4.37%. Use the drawdown chart below to compare losses from any high point for XRLX and WAMA.

Drawdown Indicators

	XRLX	WAMA	Difference
Max Drawdown Largest peak-to-trough decline	-15.33%	-4.37%	-10.96%
Max Drawdown (1Y) Largest decline over 1 year	-6.28%	—	—
Current Drawdown Current decline from peak	-2.36%	-3.20%	+0.84%
Average Drawdown Average peak-to-trough decline	-1.70%	-1.13%	-0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.45%	—	—

Volatility

Volatility by Period

	XRLX	WAMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.85%	14.24%	-5.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.17%	14.24%	-3.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.17%	14.24%	-3.07%

XRLX vs. WAMA - Expense Ratio Comparison

XRLX has a 1.63% expense ratio, which is higher than WAMA's 0.32% expense ratio.

Dividends

XRLX vs. WAMA - Dividend Comparison

XRLX's dividend yield for the trailing twelve months is around 2.62%, while WAMA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
WAMA WisdomTree U.S. Adaptive Moving Average Fund	0.00%	0.00%	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 WAMA in my portfolio?

XRLX and WAMA have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XRLX or WAMA?

On fees, WAMA is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRLX or WAMA?

WAMA is cheaper with a 0.32% expense ratio, compared with 1.63% for XRLX.

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

XRLX has the higher dividend yield at 2.62%, compared with 0.00% for WAMA.

What is the main difference between XRLX and WAMA?

They also come from different issuers: FundX and WisdomTree. Their fees differ too: 1.63% for XRLX and 0.32% for WAMA.