MSSS vs. XNAV ETF Comparison

Comparison of Monarch Select Subsector Index ETF (MSSS) to FundX Aggressive ETF (XNAV)

MSSS

Monarch Select Subsector Index ETF

MSSS Description

MSSS is a fund-of-ETFs that provide exposure to companies considered part of economically advantageous US sectors and subsectors. The fund follows a proprietary rules-based methodology that selects sectors and subsectors based on the phase of the economic cycle. The methodology uses employment trends to determine the phase of the economic cycle. It then identifies the sectors and subsectors that have historically performed well during such cycle. The fund selects 10 US-listed ETFs that are expected to deliver the best risk-adjusted return for the identified phase. As the fund may hold subsector funds within the same sector, MSSS may have significant exposure in one or more sectors relative to others. The fund employs a replication indexing strategy in which it invests in securities in approximately the same proportions as the underlying index.

Grade (RS Rating)

Last Trade

$29.03

Average Daily Volume

7,447

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

XNAV

FundX Aggressive ETF

XNAV Description

FundX Aggressive ETF is an exchange traded fund launched and managed by One Capital Management, LLC. The fund invests in public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index and the Morningstar Global Market Large-Mid Cap Index. The fund employs proprietary research to create its portfolio. FundX Aggressive ETF was formed on July 1, 2002 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$71.61

Average Daily Volume

870

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

Performance

Period	MSSS	XNAV
30 Days	-0.64%	2.45%
60 Days	-0.08%	5.76%
90 Days	3.96%	7.24%
12 Months		29.81%

0 Overlapping Holdings

	Symbol	Grade	Weight in MSSS	Weight in XNAV	Overlap

MSSS Overweight 5 Positions Relative to XNAV

	Symbol	Grade	Weight
	XAR	A	10.41%
	KBWP	A	10.38%
	KIE	A	10.32%
	PBJ	C	9.87%
	XLRE	C	9.73%

MSSS Underweight 11 Positions Relative to XNAV

	Symbol	Grade	Weight
	IGM	B	-11.63%
	SCHG	A	-10.02%
	IWY	B	-9.78%
	MGK	A	-9.63%
	SMH	C	-8.91%
	KBWB	B	-7.18%
	QQQ	B	-6.42%
	SPMO	B	-4.0%
	IWP	A	-3.25%
	XMMO	A	-3.09%
	XSMO	B	-3.07%

MSSS: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Index Fund Invesco Powershares S&P Top 100 Loan Index Aerospace Agricultural Products Beverage Beverage Products Casualty Insurance Defense Industry Insurance Industry Inter 10 Index Kbw Kbw Bank Total Return Index Real Estate Investment Trust Real Estate Management Real Estate Sector S&P International Dividend Opportunities Index (Total Return)

XNAV: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index Index Fund Invesco Powershares Midcap Capitalization Weighted Index Exchange Traded Funds Fundamental Analysis Depositary Receipt Dow Jones U.S. Total Stock Market Index Fundamentally Based Indexes Invesco Investment Trust Kbw Nasdaq 100 Nasdaq 100 Index Nasdaq Composite Index Real Estate Investment Trust Russell Midcap Growth Total Return Index