Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 10/14/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

FundX Upgrader Fund

FUNDX | Fund

$45.91

$190 M

0.00%

$0.00

1.89%

Vitals

YTD Return

-44.5%

1 yr return

-9.1%

3 Yr Avg Return

11.5%

5 Yr Avg Return

10.5%

Net Assets

$190 M

Holdings in Top 10

95.6%

52 WEEK LOW AND HIGH

$46.9
$45.32
$86.01

Expenses

OPERATING FEES

Expense Ratio 1.89%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 104.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/14/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

FundX Upgrader Fund

FUNDX | Fund

$45.91

$190 M

0.00%

$0.00

1.89%

FUNDX - Profile

Distributions

  • YTD Total Return -24.8%
  • 3 Yr Annualized Total Return 11.5%
  • 5 Yr Annualized Total Return 10.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.77%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    FundX Upgrader Fund
  • Fund Family Name
    Fund X
  • Inception Date
    Nov 01, 2001
  • Shares Outstanding
    3506968
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Janet Brown

Fund Description

The Upgrader Fund is a fund-of-funds and as such invests primarily in no-load and load-waived mutual funds, including ETFs (“Underlying Funds”). The Underlying Funds, in turn, invest primarily in individual securities such as common stocks.
Because markets change, the Advisor actively manages the Fund’s portfolio using a proprietary investment strategy called Upgrading, which seeks to capture global market trends. The Advisor invests in the Underlying Funds that it considers to be in sync with current market leadership. The Advisor sells an Underlying Fund when it believes that the Underlying Fund is no longer performing in sync with current market leadership or if a new Underlying Fund is judged more attractive than a current holding.
Upgrading
When a fund begins to lag its peers, the Advisor redeems the shares and directs the proceeds to a better performing alternative. The Advisor classifies the pool of Underlying Funds into five risk/return categories:
▪Sector Equity Underlying Funds
▪Aggressive Equity Underlying Funds
▪Core Equity Underlying Funds
▪Total Return Underlying Funds
▪Bond Underlying Funds
Under normal market conditions, the Upgrader Fund will invest predominantly in Core Equity Underlying Funds, 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 Funds may also invest in fixed income securities. Core Equity Underlying Funds allow the Fund to participate in broad market leadership trends, such as the rotation between growth and value stocks, large- and small-cap stocks, and international and domestic stocks. The Upgrader Fund may purchase, without limit, shares of Underlying Funds that invest in domestic, international and global securities.
To a lesser extent the Upgrader Fund may also invest a portion of its assets in Sector and Aggressive Equity Underlying Funds, which may invest in more concentrated portfolios or in small-cap, mid-cap or less-seasoned companies, or may make significant use of complex investment techniques, such as leverage, short sales and margin. Sector and Aggressive Equity Underlying Funds may be riskier than Core Equity Underlying Funds, but may hold the potential for higher reward. Sector and Aggressive Equity Funds allow the Fund to participate in more specialized stock market leadership trends, such as rotations between specific sectors or within emerging markets. The Upgrader Fund may hold up to 50% of its assets in Underlying Funds that focus on emerging markets.
See “More about the Funds’ Investment Objectives, Strategies and Risks – The Advisor’s Process for Classifying the Underlying Funds” for more information on this system.
Read More

FUNDX - Performance

Return Ranking - Trailing

Period FUNDX Return Category Return Low Category Return High Rank in Category (%)
YTD -44.5% -83.8% 105.7% 94.40%
1 Yr -9.1% -56.4% 42.8% 37.23%
3 Yr 11.5%* -14.0% 44.5% 72.74%
5 Yr 10.5%* -5.7% 29.0% 85.17%
10 Yr 10.9%* 2.7% 23.5% 94.64%

* Annualized

Return Ranking - Calendar

Period FUNDX Return Category Return Low Category Return High Rank in Category (%)
2023 9.9% -87.9% 326.9% 45.21%
2022 15.6% -67.0% 145.0% 82.36%
2021 13.3% -28.8% 75.8% 90.73%
2020 -4.1% -57.9% 10.6% 16.30%
2019 14.8% -68.7% 64.0% 75.12%

Total Return Ranking - Trailing

Period FUNDX Return Category Return Low Category Return High Rank in Category (%)
YTD -24.8% -83.8% 105.7% 24.34%
1 Yr -9.1% -58.4% 57.2% 35.07%
3 Yr 11.5%* -15.1% 44.5% 70.70%
5 Yr 10.5%* -6.1% 29.0% 83.46%
10 Yr 10.9%* 2.6% 23.5% 93.88%

* Annualized

Total Return Ranking - Calendar

Period FUNDX Return Category Return Low Category Return High Rank in Category (%)
2023 -18.9% -87.9% 326.9% 95.65%
2022 15.6% -67.0% 145.0% 82.36%
2021 26.9% -28.8% 75.8% 37.34%
2020 -3.7% -57.9% 16.5% 32.23%
2019 15.4% -68.7% 64.0% 89.87%

NAV & Total Return History

FUNDX - Holdings

Concentration Analysis

FUNDX Category Low Category High FUNDX % Rank
Net Assets 190 M 189 K 222 B 74.39%
Number of Holdings 12 2 3509 99.02%
Net Assets in Top 10 182 M -1.37 M 104 B 63.98%
Weighting of Top 10 95.64% 9.4% 100.0% 0.75%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High FUNDX % Rank
Stocks 		99.56% 0.00% 107.71% 24.06%
Cash 		0.43% -10.83% 87.35% 73.76%
Other 		0.01% -7.57% 17.15% 16.02%
Preferred Stocks 		0.00% 0.00% 4.41% 59.85%
Convertible Bonds 		0.00% 0.00% 1.94% 57.44%
Bonds 		0.00% -1.84% 98.58% 56.69%

Stock Sector Breakdown

Weighting Return Low Return High FUNDX % Rank
Financial Services 		16.06% 0.00% 43.06% 10.99%
Healthcare 		12.77% 0.00% 39.76% 48.91%
Consumer Defense 		11.57% 0.00% 25.50% 2.71%
Utilities 		11.02% 0.00% 16.07% 0.53%
Industrials 		10.29% 0.00% 30.65% 12.79%
Technology 		10.12% 0.00% 69.82% 97.74%
Consumer Cyclical 		8.07% 0.00% 62.57% 91.42%
Energy 		6.98% 0.00% 41.09% 5.27%
Communication Services 		4.72% 0.00% 66.40% 90.14%
Real Estate 		4.66% 0.00% 29.57% 6.55%
Basic Materials 		3.72% 0.00% 22.00% 12.72%

Stock Geographic Breakdown

Weighting Return Low Return High FUNDX % Rank
US 		98.40% 0.00% 105.43% 19.92%
Non US 		1.16% 0.00% 54.22% 70.98%

FUNDX - Expenses

Operational Fees

FUNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.89% 0.01% 7.09% 4.92%
Management Fee 1.00% 0.00% 1.50% 97.31%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 1.02% 41.25%

Sales Fees

FUNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FUNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 5.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FUNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 104.00% 0.00% 316.74% 89.55%

FUNDX - Distributions

Dividend Yield Analysis

FUNDX Category Low Category High FUNDX % Rank
Dividend Yield 0.00% 0.00% 6.50% 59.97%

Dividend Distribution Analysis

FUNDX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

FUNDX Category Low Category High FUNDX % Rank
Net Income Ratio -0.77% -6.13% 2.90% 79.16%

Capital Gain Distribution Analysis

FUNDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

FUNDX - Fund Manager Analysis

Managers

Janet Brown

Start Date

Tenure

Tenure Rank

Nov 01, 2001

20.59

20.6%

Janet Brown is a president and portfolio manager with FundX Investment Group, LLC since 1978.

Martin DeVault

Start Date

Tenure

Tenure Rank

Nov 01, 2001

20.59

20.6%

Martin DeVault is Principal and Portfolio Manager with FundX Investment Group, LLC since 1992.

Sean McKeon

Start Date

Tenure

Tenure Rank

Nov 01, 2001

20.59

20.6%

McKeon is principal and portfolio manager with FundX Investment Group, LLC since 1990.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.13 2.92

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.