ABEQ vs. USDX

Last updated Jun 4, 2026

ABEQ (Absolute Select Value ETF) and USDX (SGI Enhanced Core ETF) are both exchange-traded funds - ABEQ is a Large Cap Value Equities fund actively managed by Absolute Investment Advisers LLC, while USDX is a Intermediate Core Bond fund actively managed by Summit Global Investments. Both are actively managed. Over the past year, ABEQ returned 8.87% vs 6.22% for USDX. At a correlation of -0.05, they often move in opposite directions. ABEQ charges 0.85%/yr vs 0.98%/yr for USDX.

Performance

ABEQ vs. USDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Absolute Select Value ETF (ABEQ) and SGI Enhanced Core ETF (USDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABEQ achieves a 3.44% return, which is significantly higher than USDX's 1.99% return.

ABEQ

• 1D: -0.17%
• 1M: -0.34%
• YTD: 3.44%
• 6M: 3.43%
• 1Y: 8.87%
• 3Y*: 11.57%
• 5Y*: 7.06%
• 10Y*: —

USDX

• 1D: 0.00%
• 1M: 0.43%
• YTD: 1.99%
• 6M: 2.50%
• 1Y: 6.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABEQ vs. USDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ABEQ Absolute Select Value ETF	3.44%	15.32%	10.75%
USDX SGI Enhanced Core ETF	1.99%	6.25%	6.87%

Correlation

The correlation between ABEQ and USDX is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Mar 1, 2024	-0.05

ABEQ vs. USDX - Sectors Allocation Comparison

Sectors	ABEQ	USDX
Financial Services	24.8%	84.7%
Basic Materials	17.0%	-
Consumer Defensive	10.9%	-
Energy	10.3%	-
Industrials	8.3%	-
Healthcare	7.2%	-
Technology	4.4%	-
Communication Services	3.0%	-
Utilities	1.4%	-
Consumer Cyclical	-	-
Real Estate	-	-

Return for Risk

ABEQ vs. USDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABEQ

ABEQ Risk / Return Rank: 25
ABEQ Sharpe Ratio Rank: 27
ABEQ Sortino Ratio Rank: 26
ABEQ Omega Ratio Rank: 26
ABEQ Calmar Ratio Rank: 24
ABEQ Martin Ratio Rank: 22

USDX

USDX Risk / Return Rank: 94
USDX Sharpe Ratio Rank: 91
USDX Sortino Ratio Rank: 94
USDX Omega Ratio Rank: 96
USDX Calmar Ratio Rank: 93
USDX Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABEQ vs. USDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Absolute Select Value ETF (ABEQ) and SGI Enhanced Core ETF (USDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ABEQ	USDX	Difference
Sharpe ratio Return per unit of total volatility	1.00	3.26	-2.26
Sortino ratio Return per unit of downside risk	1.46	5.08	-3.62
Omega ratio Gain probability vs. loss probability	1.18	1.82	-0.64
Calmar ratio Return relative to maximum drawdown	1.13	6.66	-5.53
Martin ratio Return relative to average drawdown	2.78	47.89	-45.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABEQ vs. USDX - Sharpe Ratio Comparison

The current ABEQ Sharpe Ratio is 1.00, which is lower than the USDX Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of ABEQ and USDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ABEQ	USDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	3.26	-2.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	4.03	-3.47

Drawdowns

ABEQ vs. USDX - Drawdown Comparison

The maximum ABEQ drawdown since its inception was -27.82%, which is greater than USDX's maximum drawdown of -0.94%. Use the drawdown chart below to compare losses from any high point for ABEQ and USDX.

Drawdown Indicators

	ABEQ	USDX	Difference
Max Drawdown Largest peak-to-trough decline	-27.82%	-0.94%	-26.88%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-0.94%	-6.95%
Max Drawdown (3Y) Largest decline over 3 years	-7.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.26%	—	—
Current Drawdown Current decline from peak	-7.43%	-0.45%	-6.98%
Average Drawdown Average peak-to-trough decline	-4.07%	-0.06%	-4.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	0.13%	+3.07%

Volatility

ABEQ vs. USDX - Volatility Comparison

Absolute Select Value ETF (ABEQ) has a higher volatility of 1.98% compared to SGI Enhanced Core ETF (USDX) at 1.00%. This indicates that ABEQ's price experiences larger fluctuations and is considered to be riskier than USDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABEQ	USDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.98%	1.00%	+0.98%
Volatility (6M) Calculated over the trailing 6-month period	6.69%	1.72%	+4.97%
Volatility (1Y) Calculated over the trailing 1-year period	8.91%	1.91%	+7.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.81%	1.68%	+9.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.84%	1.68%	+12.16%

ABEQ vs. USDX - Expense Ratio Comparison

ABEQ has a 0.85% expense ratio, which is lower than USDX's 0.98% expense ratio.

Dividends

ABEQ vs. USDX - Dividend Comparison

ABEQ's dividend yield for the trailing twelve months is around 1.21%, less than USDX's 5.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ABEQ Absolute Select Value ETF	1.21%	1.25%	1.48%	2.60%	1.20%	0.60%	0.60%
USDX SGI Enhanced Core ETF	5.89%	5.88%	4.60%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ABEQ and USDX in my portfolio?

ABEQ and USDX have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABEQ or USDX?

ABEQ has higher volatility (1.98%) compared to USDX (1.00%). In terms of maximum drawdown, ABEQ dropped -27.82% vs USDX's -0.94%.

Which ETF is better, ABEQ or USDX?

On 1-year performance, ABEQ leads with 8.87% vs 6.22% for USDX. On fees, ABEQ is cheaper at 0.85% per year. On volatility, USDX has been the lower-risk option at 1.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABEQ or USDX?

Over the 1-year period, ABEQ has performed better with a 8.87% return vs 6.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABEQ or USDX?

ABEQ is cheaper with a 0.85% expense ratio, compared with 0.98% for USDX.

Which ETF pays a higher dividend yield, ABEQ or USDX?

USDX has the higher dividend yield at 5.89%, compared with 1.21% for ABEQ.

What is the main difference between ABEQ and USDX?

ABEQ is categorized as Large Cap Value Equities, while USDX is Intermediate Core Bond. They also come from different issuers: Absolute Investment Advisers LLC and Summit Global Investments. Their fees differ too: 0.85% for ABEQ and 0.98% for USDX.

Which has better risk-adjusted returns?

USDX currently has the higher Sharpe Ratio (3.26 vs 1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.