FundX Flexible ETF (XFLX)

FundX Flexible ETF (XFLX) is an exchange-traded fund in the Multisector Bond category. It has $49.32M in assets, an expense ratio of 0.97% and a 9.75% dividend yield. 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.