XFLX vs. BYLD ETF Comparison

Comparison of FundX Flexible ETF (XFLX) to iShares Yield Optimized Bond ETF (BYLD)

XFLX

FundX Flexible ETF

XFLX Description

The ETF is an ETF-of-ETFs and as such invests primarily in other ETFs. The underlying ETFs, in turn, invest primarily in individual securities such as common stocks and corporate or government bonds. Under normal market conditions, the ETF will invest predominately in Bond underlying ETFs of varying maturity, credit quality (including high-yield securities, or "junk bonds") and regional exposure.

Grade (RS Rating)

Last Trade

$24.82

Average Daily Volume

2,067

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

BYLD

iShares Yield Optimized Bond ETF

BYLD Description

The investment seeks to track the investment results of an index composed of underlying fixed income funds that collectively seek to deliver current income. The fund invests primarily in underlying funds that themselves seek investment results corresponding to their own underlying indexes. The fund also invests in a combination of other exchange-traded funds ("ETFs") (including other iShares ETFs), cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates ("BlackRock Cash Funds"). The underlying index is a broadly diversified fixed income index that seeks to deliver current income.

Grade (RS Rating)

Last Trade

$22.45

Average Daily Volume

70,674

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	XFLX	BYLD
30 Days	1.87%	2.11%
60 Days	2.27%	2.13%
90 Days	3.03%	3.15%
12 Months		7.75%

1 Overlapping Holdings

	Symbol	Grade	Weight in XFLX	Weight in BYLD	Overlap
	USIG	A	8.13%	1.0%	1.0%

XFLX Overweight 9 Positions Relative to BYLD

	Symbol	Grade	Weight
	FTSL	C	13.92%
	SPHY	A	12.06%
	ANGL	A	11.48%
	JNK	A	11.22%
	AOR	A	10.04%
	XYLD	A	10.03%
	QAI	A	9.88%
	IGIB	A	8.32%
	LQD	A	4.24%

XFLX Underweight 7 Positions Relative to BYLD

	Symbol	Grade	Weight
	IGEB	A	-1.0%
	FLOT	A	-1.0%
	EMHY	A	-1.0%
	CMBS	A	-1.0%
	USHY	A	-1.0%
	SGOV	B	-1.0%
	IGLB	A	-1.0%

XFLX: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Bond Market Indices Corporate Bond High Yield Debt Index Fund Structured Finance Asset Backed Security Bank Loans Bond Market Buy Write Chicago Board Options Exchange Credit Default Swap Index Debt Securities Dynamic Asset Allocation Equity Derivative Fund Of Funds Investment Management Mortgage Backed Security

BYLD: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Swaps Bond Market Corporate Bond Index Fund Structured Finance Cash And Cash Equivalents Commercial Mortgage Commercial Mortgage Backed Security Commercial Mortgage Securities Association Financial Instrument Futures Markets High Yield Debt Money Market Fund Morningstar Mlp Composite Index Tr Mortgage Mortgage Backed Security Public–Private Investment Program For Legacy Assets