ETF Evaluator:
FundX ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Growth Over the Last Year
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ETF Details
FundX ETF Overview
FundX ETF (XCOR) is an actively managed U.S. Equity Large Growth exchange-traded fund (ETF). Fund X launched the ETF in 2001.
The investment seeks to maximize capital appreciation over the long term without regard to income.
Under normal market conditions, the fund will invest predominantly in Core Equity Underlying ETFs, which generally invest in diversified portfolios of equity securities of well‑established U.S. and foreign companies with a wide range of market capitalizations. Core Equity Underlying ETFs may also invest in fixed income securities. The fund may hold up to 50% of its assets in Underlying ETFs that focus on emerging markets.
About FundX ETF (XCOR)
There are 4 members of the management team with an average tenure of 6.96 years: Steven Cowley (2025), Lance Messervy (2025), Sean McKeon (2001) and Jeffrey Smith (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Morningstar Gbl Mkt Large-Mid Cap TR USD index with a weighting of 100%. FundX ETF has 12 securities in its portfolio. The top 10 holdings constitute 98.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
FundX ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. FundX ETF has 2.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.5% There is 2.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). FundX ETF has 1.3% of the portfolio in cash.
Assets Under Management
The fund has $180 million in total assets, which is below the $8 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
XCOR Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The FundX ETF expense ratio is high compared to funds in the Large Growth category. FundX ETF has an expense ratio of 1.15%, which is 133% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. FundX ETF has a portfolio turnover rate of 66%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 74% for the Large Growth category.
Recently, in the month of July 2026, FundX ETF returned -5.1%, which earned it a grade of D, as the Large Growth category had an average return of -3.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
FundX ETF has a trailing yield of 0.40%, which is below the 0.53% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
FundX ETF Grades
Year to date, the ETF has returned 7.0%, 0.8 percentage points better than the category, which translates into a grade of C. The fund has returned 16.3% over the past year (grade of B), 18.1% over the past three years (grade of D) and 8.6% per year over the past five years (grade of D) and 11.3% per year over the past 10 years (grade of F).
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XCOR Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| XCOR Return (NAV) | -5.1% | 1.2% | 16.3% | 18.1% | 8.6% | 11.3% |
| XCOR Return (Price) | -1.9% | 2.5% | 16.6% | 18.2% | 8.6% | 11.4% |
| NAV +/- Price Return | -3.199% | -1.289% | -0.267% | -0.135% | -0.041% | -0.021% |
| Large Growth Avg | -3.8% | 2.7% | 13.0% | 19.6% | 9.9% | 15.8% |
| XCOR Grade (NAV) | D | D | B | D | D | F |
| +/- Category (NAV) | -1.3% | -1.5% | 3.3% | -1.5% | -1.3% | -4.5% |
| XCOR Tax-Cost Ratio | na | na | 0.2% | 0.2% | 1.5% | 1.3% |
XCOR Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| XCOR Return (NAV) | 7.0% | 12.3% | 29.6% | 14.1% | -17.9% | 10.3% | 25.4% | 26.9% | -3.7% | 15.4% | 5.1% |
| XCOR Return (Price) | 7.1% | 12.5% | 29.6% | 14.3% | -18.1% | 10.3% | 25.4% | 26.9% | -3.7% | 15.4% | 5.1% |
| NAV +/- Price Ret | 0.017% | 0.015% | -0.002% | 0.015% | 0.010% | 0.000% | 0.000% | 0.0% | 0.0% | 0.0% | 0.0% |
| Large Growth Avg | 6.2% | 16.9% | 30.5% | 38.6% | -30.7% | 21.6% | 37.2% | 33.0% | -2.1% | 28.4% | 5.0% |
| XCOR Grade (NAV) | C | F | C | F | A | F | F | F | D | F | C |
| +/- Category | 0.8% | -4.5% | -0.8% | -24.5% | 12.7% | -11.3% | -11.9% | -6.1% | -1.6% | -13.1% | 0.2% |
| Risk Measures | |
| Beta: | 1.10 |
| R-Squared: | 90% |
| Standard Deviation: | 15.1% |
| Category Risk Index: | 0.82 |
| Category Risk Rating: | Low |
| Total Risk Index: | 1.23 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 0.4% |
| Total Assets: | $ 181 Mil |
| Share Class Assets: | $ 181 Mil |
| Turnover: | 66.0% |
| Expense Ratio: | 1.15% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 24.8 years | |||
| Average Tenure: 7.0 years | |||
| Managers (Year): McKeon Sean (2001), Smith Jeffrey (2025), Cowley Steven (2025), Messervy Lance (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 12 |
| % in Top 10 Holdings: | 98.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.3% |
Portfolio Allocation |
|
| Domestic Stock: | 96.5% |
| Foreign Stock: | 2.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.1% |
| Cash: | 1.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Fund X |
| Phone Number: | 866-455-3863 |
| Website: | www.upgraderfunds.com |
| Inception Date: | November 1, 2001 |
Expenses and Fees
| Expense Ratio (%): | 1.15% (Rating: High) |
| Category Average Expense Ratio (%): | 0.49% |
