GINX vs. DFAI

Last updated Jun 23, 2026

GINX (SGI Enhanced Global Income ETF) and DFAI (Dimensional International Core Equity Market ETF) are both exchange-traded funds - GINX is a Global Equities fund actively managed by Summit Global Investments, while DFAI is a Foreign Large Cap Equities fund actively managed by Dimensional. Both are actively managed. Over the past year, GINX returned 31.52% vs 27.64% for DFAI. Their correlation of 0.82 suggests significant overlap in exposure. GINX charges 0.98%/yr vs 0.18%/yr for DFAI.

Performance

GINX vs. DFAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI Enhanced Global Income ETF (GINX) and Dimensional International Core Equity Market ETF (DFAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GINX achieves a 13.08% return, which is significantly higher than DFAI's 10.63% return.

GINX

• 1D: 0.60%
• 1M: 1.88%
• YTD: 13.08%
• 6M: 13.38%
• 1Y: 31.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFAI

• 1D: 0.24%
• 1M: 1.23%
• YTD: 10.63%
• 6M: 10.81%
• 1Y: 27.64%
• 3Y*: 18.90%
• 5Y*: 10.16%
• 10Y*: —

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

GINX vs. DFAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GINX SGI Enhanced Global Income ETF	13.08%	25.06%	5.77%
DFAI Dimensional International Core Equity Market ETF	10.63%	34.04%	3.06%

Correlation

The correlation between GINX and DFAI is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (All Time) Calculated using the full available price history since Feb 29, 2024	0.82

The correlation between GINX and DFAI has been stable across timeframes, ranging from 0.82 to 0.89 - a consistent structural relationship.

GINX vs. DFAI - Sectors Allocation Comparison

Sectors	GINX	DFAI
Financial Services	31.1%	26.9%
Technology	11.1%	7.8%
Energy	9.6%	4.7%
Healthcare	9.5%	11.4%
Industrials	9.1%	17.2%
Consumer Defensive	8.2%	5.3%
Utilities	5.7%	4.2%
Consumer Cyclical	5.7%	5.8%
Basic Materials	4.2%	10.8%
Communication Services	4.1%	4.3%
Real Estate	1.6%	1.5%

Return for Risk

GINX vs. DFAI — Risk / Return Rank

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

GINX

GINX Risk / Return Rank: 79
GINX Sharpe Ratio Rank: 85
GINX Sortino Ratio Rank: 86
GINX Omega Ratio Rank: 81
GINX Calmar Ratio Rank: 72
GINX Martin Ratio Rank: 74

DFAI

DFAI Risk / Return Rank: 57
DFAI Sharpe Ratio Rank: 59
DFAI Sortino Ratio Rank: 58
DFAI Omega Ratio Rank: 58
DFAI Calmar Ratio Rank: 53
DFAI Martin Ratio Rank: 58

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.

GINX vs. DFAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Global Income ETF (GINX) and Dimensional International Core Equity Market ETF (DFAI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GINX	DFAI	Difference
Sharpe ratio: Return per unit of total volatility	2.62	1.92	+0.70
Sortino ratio: Return per unit of downside risk	3.66	2.68	+0.98
Omega ratio: Gain probability vs. loss probability	1.46	1.35	+0.11
Calmar ratio: Return relative to maximum drawdown	3.55	2.54	+1.02
Martin ratio: Return relative to average drawdown	13.56	9.89	+3.67

GINX vs. DFAI - Sharpe Ratio Comparison

The current GINX Sharpe Ratio is 2.62, which is higher than the DFAI Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of GINX and DFAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GINX vs. DFAI - Drawdown Comparison

The maximum GINX drawdown since its inception was -12.53%, smaller than the maximum DFAI drawdown of -27.44%. Use the drawdown chart below to compare losses from any high point for GINX and DFAI.

Drawdown Indicators

	GINX	DFAI	Difference
Max Drawdown Largest peak-to-trough decline	-12.53%	-27.44%	+14.91%
Max Drawdown (1Y) Largest decline over 1 year	-8.91%	-10.95%	+2.04%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.25%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.44%	—
Current Drawdown Current decline from peak	-0.52%	-0.28%	-0.24%
Average Drawdown Average peak-to-trough decline	-1.78%	-5.09%	+3.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	2.80%	-0.47%

Volatility

GINX vs. DFAI - Volatility Comparison

The current volatility for SGI Enhanced Global Income ETF (GINX) is 3.54%, while Dimensional International Core Equity Market ETF (DFAI) has a volatility of 4.53%. This indicates that GINX experiences smaller price fluctuations and is considered to be less risky than DFAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GINX	DFAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	4.53%	-0.99%
Volatility (6M) Calculated over the trailing 6-month period	9.53%	12.26%	-2.73%
Volatility (1Y) Calculated over the trailing 1-year period	12.11%	14.51%	-2.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.84%	15.98%	-2.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.84%	15.72%	-1.88%

GINX vs. DFAI - Expense Ratio Comparison

GINX has a 0.98% expense ratio, which is higher than DFAI's 0.18% expense ratio.

Dividends

GINX vs. DFAI - Dividend Comparison

GINX's dividend yield for the trailing twelve months is around 2.15%, less than DFAI's 2.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DFAI Dimensional International Core Equity Market ETF	2.23%	2.45%	2.72%	2.64%	2.72%	2.06%	0.09%
GINX SGI Enhanced Global Income ETF	2.15%	2.81%	2.97%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GINX and DFAI in my portfolio?

GINX and DFAI have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GINX or DFAI?

DFAI has higher volatility (4.53%) compared to GINX (3.54%). In terms of maximum drawdown, GINX dropped -12.53% vs DFAI's -27.44%.

Which ETF is better, GINX or DFAI?

On 1-year performance, GINX leads with 31.52% vs 27.64% for DFAI. On fees, DFAI is cheaper at 0.18% per year. On volatility, GINX has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GINX or DFAI?

Over the 1-year period, GINX has performed better with a 31.52% return vs 27.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GINX or DFAI?

DFAI is cheaper with a 0.18% expense ratio, compared with 0.98% for GINX.

Which ETF pays a higher dividend yield, GINX or DFAI?

DFAI has the higher dividend yield at 2.23%, compared with 2.15% for GINX.

What is the main difference between GINX and DFAI?

GINX is categorized as Global Equities, while DFAI is Foreign Large Cap Equities. They also come from different issuers: Summit Global Investments and Dimensional. Their fees differ too: 0.98% for GINX and 0.18% for DFAI.

Which has better risk-adjusted returns?

GINX currently has the higher Sharpe Ratio (2.62 vs 1.92), 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.