SGI Enhanced Core ETF (USDX)
USDX is an actively managed ETF by Summit Global Investments. USDX launched on Feb 28, 2024 and has a 0.98% expense ratio.
ETF Info
| Issuer | Summit Global Investments |
|---|---|
| Inception Date | Feb 28, 2024 |
| Category | Intermediate Core Bond |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
USDX has a high expense ratio of 0.98%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: USDX vs. WPM, USDX vs. IAGG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SGI Enhanced Core ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 20.10% |
| 1 month | 0.69% | -0.39% |
| 6 months | 4.27% | 11.72% |
| 1 year | N/A | 31.44% |
| 5 years (annualized) | N/A | 13.30% |
| 10 years (annualized) | N/A | 10.96% |
Monthly Returns
The table below presents the monthly returns of USDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.32% | 0.60% | 0.73% | 0.57% | 0.91% | 0.80% | 0.85% | 0.67% | 5.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SGI Enhanced Core ETF (USDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
SGI Enhanced Core ETF provided a 1.18% dividend yield over the last twelve months, with an annual payout of $0.31 per share.
| Period | TTM |
|---|---|
| Dividend | $0.31 |
Dividend yield | 1.18% |
Monthly Dividends
The table displays the monthly dividend distributions for SGI Enhanced Core ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.22 | $0.00 | $0.00 | $0.08 | $0.00 | $0.31 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the SGI Enhanced Core ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SGI Enhanced Core ETF was 0.24%, occurring on Jul 2, 2024. Recovery took 1 trading session.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.24% | Jul 2, 2024 | 1 | Jul 2, 2024 | 1 | Jul 3, 2024 | 2 |
| -0.23% | Oct 28, 2024 | 2 | Oct 29, 2024 | 3 | Nov 1, 2024 | 5 |
| -0.17% | Mar 4, 2024 | 4 | Mar 7, 2024 | 13 | Mar 26, 2024 | 17 |
| -0.16% | Jul 5, 2024 | 2 | Jul 8, 2024 | 3 | Jul 11, 2024 | 5 |
| -0.16% | Jun 24, 2024 | 1 | Jun 24, 2024 | 1 | Jun 25, 2024 | 2 |
Volatility
Volatility Chart
The current SGI Enhanced Core ETF volatility is 0.45%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.