HCOW vs. SGLC
Compare and contrast key facts about Amplify Cash Flow High Income ETF (HCOW) and SGI U.S. Large Cap Core ETF (SGLC).
HCOW and SGLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HCOW is an actively managed fund by Amplify. It was launched on Sep 19, 2023. SGLC is an actively managed fund by Summit Global Investments. It was launched on Mar 30, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCOW or SGLC.
Correlation
The correlation between HCOW and SGLC is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HCOW vs. SGLC - Performance Comparison
Key characteristics
HCOW:
0.44
SGLC:
1.20
HCOW:
0.72
SGLC:
1.71
HCOW:
1.08
SGLC:
1.22
HCOW:
0.76
SGLC:
1.92
HCOW:
1.51
SGLC:
6.68
HCOW:
4.38%
SGLC:
2.58%
HCOW:
15.01%
SGLC:
14.38%
HCOW:
-8.67%
SGLC:
-10.03%
HCOW:
-8.67%
SGLC:
-2.10%
Returns By Period
In the year-to-date period, HCOW achieves a -2.03% return, which is significantly lower than SGLC's 3.51% return.
HCOW
-2.03%
-4.39%
-1.03%
5.09%
N/A
N/A
SGLC
3.51%
-0.19%
6.37%
17.62%
N/A
N/A
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HCOW vs. SGLC - Expense Ratio Comparison
HCOW has a 0.65% expense ratio, which is lower than SGLC's 0.85% expense ratio.
Risk-Adjusted Performance
HCOW vs. SGLC — Risk-Adjusted Performance Rank
HCOW
SGLC
HCOW vs. SGLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Cash Flow High Income ETF (HCOW) and SGI U.S. Large Cap Core ETF (SGLC). 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.
Dividends
HCOW vs. SGLC - Dividend Comparison
HCOW's dividend yield for the trailing twelve months is around 8.37%, which matches SGLC's 8.39% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
HCOW Amplify Cash Flow High Income ETF | 8.37% | 8.13% | 1.99% |
SGLC SGI U.S. Large Cap Core ETF | 8.39% | 8.68% | 1.49% |
Drawdowns
HCOW vs. SGLC - Drawdown Comparison
The maximum HCOW drawdown since its inception was -8.67%, smaller than the maximum SGLC drawdown of -10.03%. Use the drawdown chart below to compare losses from any high point for HCOW and SGLC. For additional features, visit the drawdowns tool.
Volatility
HCOW vs. SGLC - Volatility Comparison
Amplify Cash Flow High Income ETF (HCOW) has a higher volatility of 3.58% compared to SGI U.S. Large Cap Core ETF (SGLC) at 3.18%. This indicates that HCOW's price experiences larger fluctuations and is considered to be riskier than SGLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.