What this ETF is trying to do

The FUNDX CONSERVATIVE ETF (XRLX) is designed to be a diversified investment. Instead of holding just one type of asset, it holds other ETFs. Its Top Holdings include a mix of growth and value stocks, as well as corporate bonds. For example, its largest holdings are the Vanguard MStar Growth ETF (9.71%) and the iShares Russell 1000 Value ETF (8.04%).

What the numbers show

As of September 18, 2026, the share price was $48.92.

There are two ways to look at the returns:

• Price Return: This measures only the change in the share price. The one-year price return was 5.64%, and the year-to-date (YTD) price return was 6.44%.

• Total Return: This reflects the overall return, including distributions. The one-year total return was 8.57%, and the YTD total return was 6.44%.

To put this in perspective, if you had invested $10,000 based on the estimated price from roughly one year ago ($46.31), the price-only increase would have grown that amount to approximately $10,563.54.

Income and distribution explanation

This ETF pays out cash to investors, known as distributions. It has a distribution yield of approximately 2.61%. Over the last 12 months, it made one payout. The frequency of these payments is described as irregular or less frequent.

It is important for beginners to remember that a high distribution yield alone can be misleading. Yield shows the cash paid out relative to the price, but it does not guarantee that the total value of the investment is growing.

NAV erosion explanation

"NAV erosion" happens when the actual value of the fund's underlying assets drops over time, often causing the share price to fall. StockValueFinder uses an erosion-risk score to measure this.

XRLX has an erosion score of 100, and the label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag for this ETF.

Pros

• Diversification: It holds a variety of assets, including growth stocks, value stocks, and bonds.

• Positive Returns: Both the price return and total return have been positive over the last year.

• Low Erosion Risk: The data shows no detected price erosion.

Cons

• Irregular Income: Distributions are not paid on a steady, frequent schedule.

• Average Income Grade: It has an income rating grade of "C."

Beginner takeaway

XRLX is a conservative ETF that spreads its money across many different funds. While it provides some cash income through distributions, its primary recent growth has come from the increase in its share price. It currently shows a healthy erosion-risk score, meaning the price has remained stable.