FundX Aggressive ETF (XNAV) seeks to provide capital appreciation by investing in a portfolio of other ETFs selected using FundX's proprietary research methodology. This fund-of-funds approach targets ETFs with strong momentum and performance characteristics across various asset classes and geographic regions.

How It Works

XNAV employs an actively managed fund-of-ETFs strategy, selecting approximately 10-15 underlying ETFs based on FundX's quantitative screening process that evaluates momentum, relative strength, and risk-adjusted returns. The fund typically rebalances monthly, rotating into ETFs showing superior performance trends while exiting underperforming positions. Holdings span equity, fixed income, commodity, and alternative strategy ETFs to capture growth opportunities across multiple markets.

Key Features

  • Active ETF selection using FundX's 50+ year track record in no-load mutual fund research and momentum-based strategies
  • Fund-of-funds structure provides instant diversification across asset classes, sectors, and geographies through single ticker exposure
  • Monthly rebalancing captures changing market trends while 0.00% expense ratio eliminates management fees at fund level

Risks

  • This ETF can lose value if underlying ETFs experience simultaneous declines, as diversification across ETFs doesn't eliminate systematic market risk during broad downturns
  • Active management risk means poor ETF selection decisions could underperform passive alternatives, especially during momentum reversals or trend changes
  • Double-layer fees from underlying ETF expenses (typically 0.20-0.75%) create total cost burden despite 0.00% management fee at fund level

Who Should Own This

Best suited for aggressive growth investors with high risk tolerance and 3-7 year time horizons seeking active ETF management without individual fund selection. Appropriate as satellite holding (10-25% of portfolio) for investors wanting professional ETF rotation strategy. Requires comfort with higher volatility and active management approach versus passive index investing.

XNAV chart by TradingView