GINX vs. USDX

Last updated Apr 2, 2026

Compare and contrast key facts about SGI Enhanced Global Income ETF (GINX) and SGI Enhanced Core ETF (USDX).

GINX and USDX 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. USDX is an actively managed fund by Summit Global Investments. It was launched on Feb 28, 2024.

Performance

GINX vs. USDX - Performance Comparison

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

GINX vs. USDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GINX SGI Enhanced Global Income ETF	5.73%	25.06%	5.69%
USDX SGI Enhanced Core ETF	1.20%	6.25%	6.87%

Returns By Period

In the year-to-date period, GINX achieves a 5.73% return, which is significantly higher than USDX's 1.20% return.

GINX

• 1D: 0.84%
• 1M: -4.04%
• YTD: 5.73%
• 6M: 12.70%
• 1Y: 24.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USDX

• 1D: -0.08%
• 1M: 0.67%
• YTD: 1.20%
• 6M: 3.02%
• 1Y: 5.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GINX vs. USDX - Expense Ratio Comparison

Both GINX and USDX have an expense ratio of 0.98%.

GINX

SGI Enhanced Global Income ETF

USDX

SGI Enhanced Core ETF

Return for Risk

GINX vs. USDX — Risk / Return Rank

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

GINX

GINX Risk / Return Rank: 78
GINX Sharpe Ratio Rank: 80
GINX Sortino Ratio Rank: 81
GINX Omega Ratio Rank: 80
GINX Calmar Ratio Rank: 72
GINX Martin Ratio Rank: 78

USDX

USDX Risk / Return Rank: 98
USDX Sharpe Ratio Rank: 98
USDX Sortino Ratio Rank: 98
USDX Omega Ratio Rank: 98
USDX Calmar Ratio Rank: 98
USDX Martin Ratio Rank: 98

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. USDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Global Income ETF (GINX) 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.

	GINX	USDX	Difference
Sharpe ratio Return per unit of total volatility	1.59	3.23	-1.63
Sortino ratio Return per unit of downside risk	2.20	5.02	-2.82
Omega ratio Gain probability vs. loss probability	1.33	1.81	-0.49
Calmar ratio Return relative to maximum drawdown	2.10	6.09	-3.99
Martin ratio Return relative to average drawdown	9.23	32.56	-23.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GINX vs. USDX - Sharpe Ratio Comparison

The current GINX Sharpe Ratio is 1.59, which is lower than the USDX Sharpe Ratio of 3.23. The chart below compares the historical Sharpe Ratios of GINX and USDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GINX	USDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	3.23	-1.63
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	4.40	-3.14

Correlation

The correlation between GINX and USDX is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

GINX vs. USDX - Dividend Comparison

GINX's dividend yield for the trailing twelve months is around 2.30%, less than USDX's 5.62% yield.

	TTM	2025	2024
GINX SGI Enhanced Global Income ETF	2.30%	2.81%	2.97%
USDX SGI Enhanced Core ETF	5.62%	5.88%	4.60%

Drawdowns

GINX vs. USDX - Drawdown Comparison

The maximum GINX drawdown since its inception was -12.53%, which is greater than USDX's maximum drawdown of -0.94%. Use the drawdown chart below to compare losses from any high point for GINX and USDX.

Drawdown Indicators

	GINX	USDX	Difference
Max Drawdown Largest peak-to-trough decline	-12.53%	-0.94%	-11.59%
Max Drawdown (1Y) Largest decline over 1 year	-11.63%	-0.94%	-10.69%
Current Drawdown Current decline from peak	-5.22%	-0.08%	-5.14%
Average Drawdown Average peak-to-trough decline	-1.79%	-0.06%	-1.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	0.18%	+2.47%

Volatility

GINX vs. USDX - Volatility Comparison

SGI Enhanced Global Income ETF (GINX) has a higher volatility of 5.01% compared to SGI Enhanced Core ETF (USDX) at 0.49%. This indicates that GINX'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

	GINX	USDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.01%	0.49%	+4.52%
Volatility (6M) Calculated over the trailing 6-month period	8.63%	1.40%	+7.23%
Volatility (1Y) Calculated over the trailing 1-year period	15.15%	1.78%	+13.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	1.57%	+12.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.92%	1.57%	+12.35%