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FPX vs XNAV

First Trust US Equity Opportunities ETF vs FundX Aggressive ETF

FPX

First Trust US Equity Opportunities ETF

First Trust

Annual cost

0.57%

Fund size

$1.3B

XNAV

FundX Aggressive ETF

Fund X

Annual cost

1.27%

Fund size

$31M

Key differences

  • FPX costs 0.70% less per year.
  • FPX is significantly larger than XNAV — larger funds tend to be more liquid and less likely to close.
  • FPX is classified as equity, while XNAV is alternative — different risk/return profiles.
  • FPX follows a index tracking strategy; XNAV uses active selection.
  • Over the last 3 years, FPX has delivered higher annualized returns.

Side-by-side comparison

FPXXNAV
Annual cost (TER)0.57%1.27%
Fund size (AUM)$1.3B$31M
Since20062002
Dividend yield0.52%0.51%
Asset classequityalternative
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+43.6%+41.8%
CAGR 3Y+32.8%+24.6%
CAGR 5Y+11.1%N/A
Sharpe 3Y1.081.06
Volatility 1Y23.17%16.40%
Max drawdown-43.14%-24.27%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FPX and XNAV