Correlation
The correlation between GINX and URTH is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
GINX vs. URTH
Compare and contrast key facts about SGI Enhanced Global Income ETF (GINX) and iShares MSCI World ETF (URTH).
GINX and URTH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GINX is an actively managed fund by Summit Global Investments. It was launched on Feb 28, 2024. URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GINX or URTH.
Performance
GINX vs. URTH - Performance Comparison
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Key characteristics
GINX:
0.67
URTH:
0.80
GINX:
0.93
URTH:
1.13
GINX:
1.13
URTH:
1.17
GINX:
0.78
URTH:
0.78
GINX:
3.28
URTH:
3.36
GINX:
2.99%
URTH:
3.95%
GINX:
16.34%
URTH:
18.31%
GINX:
-12.53%
URTH:
-34.01%
GINX:
-0.69%
URTH:
-0.48%
Returns By Period
In the year-to-date period, GINX achieves a 7.45% return, which is significantly higher than URTH's 5.02% return.
GINX
7.45%
3.15%
4.08%
9.99%
N/A
N/A
N/A
URTH
5.02%
5.51%
2.04%
13.77%
13.28%
14.33%
10.06%
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GINX vs. URTH - Expense Ratio Comparison
GINX has a 0.98% expense ratio, which is higher than URTH's 0.24% expense ratio.
Risk-Adjusted Performance
GINX vs. URTH — Risk-Adjusted Performance Rank
GINX
URTH
GINX vs. URTH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Global Income ETF (GINX) and iShares MSCI World ETF (URTH). 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
GINX vs. URTH - Dividend Comparison
GINX's dividend yield for the trailing twelve months is around 3.51%, more than URTH's 1.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GINX SGI Enhanced Global Income ETF | 3.51% | 2.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URTH iShares MSCI World ETF | 1.40% | 1.47% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.14% | 2.35% | 2.32% |
Drawdowns
GINX vs. URTH - Drawdown Comparison
The maximum GINX drawdown since its inception was -12.53%, smaller than the maximum URTH drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for GINX and URTH.
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Volatility
GINX vs. URTH - Volatility Comparison
The current volatility for SGI Enhanced Global Income ETF (GINX) is 2.86%, while iShares MSCI World ETF (URTH) has a volatility of 3.86%. This indicates that GINX experiences smaller price fluctuations and is considered to be less risky than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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