GINX vs. MSCI
Compare and contrast key facts about SGI Enhanced Global Income ETF (GINX) and MSCI Inc. (MSCI).
GINX 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: GINX or MSCI.
Key characteristics
| GINX | MSCI | |
|---|---|---|
| Daily Std Dev | 14.11% | 28.05% |
| Max Drawdown | -8.19% | -69.06% |
| Current Drawdown | -3.07% | -15.88% |
Correlation
The correlation between GINX and MSCI is 0.37, 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
GINX vs. MSCI - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GINX vs. MSCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Global Income ETF (GINX) and MSCI Inc. (MSCI). 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.
Not enough dataDividends
GINX vs. MSCI - Dividend Comparison
GINX's dividend yield for the trailing twelve months is around 0.71%, less than MSCI's 1.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
GINX SGI Enhanced Global Income ETF | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSCI MSCI Inc. | 1.12% | 0.98% | 0.98% | 0.59% | 0.65% | 0.98% | 1.30% | 1.04% | 1.27% | 1.11% | 0.38% |
Drawdowns
GINX vs. MSCI - Drawdown Comparison
The maximum GINX drawdown since its inception was -8.19%, smaller than the maximum MSCI drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for GINX and MSCI. For additional features, visit the drawdowns tool.
Volatility
GINX vs. MSCI - Volatility Comparison
SGI Enhanced Global Income ETF (GINX) has a higher volatility of 6.35% compared to MSCI Inc. (MSCI) at 4.20%. This indicates that GINX's price experiences larger fluctuations and is considered to be riskier than MSCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.