BFIX vs. USDX
Compare and contrast key facts about Build Bond Innovation ETF (BFIX) and SGI Enhanced Core ETF (USDX).
BFIX and USDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BFIX is an actively managed fund by Build. It was launched on Feb 9, 2022. USDX is an actively managed fund by Summit Global Investments. It was launched on Feb 28, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BFIX or USDX.
Correlation
The correlation between BFIX and USDX is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BFIX vs. USDX - Performance Comparison
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Key characteristics
BFIX:
1.75
USDX:
4.86
BFIX:
2.66
USDX:
8.13
BFIX:
1.56
USDX:
2.23
BFIX:
3.17
USDX:
10.11
BFIX:
12.05
USDX:
51.11
BFIX:
1.07%
USDX:
0.15%
BFIX:
7.15%
USDX:
1.52%
BFIX:
-8.03%
USDX:
-0.74%
BFIX:
-1.08%
USDX:
0.00%
Returns By Period
In the year-to-date period, BFIX achieves a 2.27% return, which is significantly higher than USDX's 1.81% return.
BFIX
2.27%
-0.54%
3.78%
12.61%
N/A
N/A
USDX
1.81%
0.54%
2.75%
7.39%
N/A
N/A
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BFIX vs. USDX - Expense Ratio Comparison
BFIX has a 0.45% expense ratio, which is lower than USDX's 0.98% expense ratio.
Risk-Adjusted Performance
BFIX vs. USDX — Risk-Adjusted Performance Rank
BFIX
USDX
BFIX vs. USDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Build Bond Innovation ETF (BFIX) 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.
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Dividends
BFIX vs. USDX - Dividend Comparison
BFIX's dividend yield for the trailing twelve months is around 4.16%, less than USDX's 6.03% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
BFIX Build Bond Innovation ETF | 4.16% | 4.39% | 4.31% | 1.58% |
USDX SGI Enhanced Core ETF | 6.03% | 4.60% | 0.00% | 0.00% |
Drawdowns
BFIX vs. USDX - Drawdown Comparison
The maximum BFIX drawdown since its inception was -8.03%, which is greater than USDX's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for BFIX and USDX. For additional features, visit the drawdowns tool.
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Volatility
BFIX vs. USDX - Volatility Comparison
Build Bond Innovation ETF (BFIX) has a higher volatility of 0.98% compared to SGI Enhanced Core ETF (USDX) at 0.53%. This indicates that BFIX'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.
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