SGLC vs. AFOS

Last updated Jun 26, 2026

SGLC (SGI U.S. Large Cap Core ETF) and AFOS (ARS Focused Opportunities Strategy ETF) are both Large Cap Blend Equities funds. Over the past year, SGLC returned 28.28% vs 83.17% for AFOS. A 0.78 correlation means they provide meaningful diversification when combined. SGLC charges 0.85%/yr vs 0.45%/yr for AFOS.

Performance

SGLC vs. AFOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI U.S. Large Cap Core ETF (SGLC) and ARS Focused Opportunities Strategy ETF (AFOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SGLC achieves a 11.22% return, which is significantly lower than AFOS's 33.60% return.

SGLC

• 1D: -0.21%
• 1M: -1.93%
• YTD: 11.22%
• 6M: 9.96%
• 1Y: 28.28%
• 3Y*: 20.96%
• 5Y*: —
• 10Y*: —

AFOS

• 1D: 2.47%
• 1M: 3.16%
• YTD: 33.60%
• 6M: 31.56%
• 1Y: 83.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SGLC vs. AFOS - Yearly Performance Comparison

	2026 (YTD)	2025
SGLC SGI U.S. Large Cap Core ETF	11.22%	15.34%
AFOS ARS Focused Opportunities Strategy ETF	33.60%	37.10%

Correlation

The correlation between SGLC and AFOS is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.78

Return for Risk

SGLC vs. AFOS — Risk / Return Rank

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

SGLC

SGLC Risk / Return Rank: 70
SGLC Sharpe Ratio Rank: 72
SGLC Sortino Ratio Rank: 67
SGLC Omega Ratio Rank: 70
SGLC Calmar Ratio Rank: 67
SGLC Martin Ratio Rank: 76

AFOS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SGLC vs. AFOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI U.S. Large Cap Core ETF (SGLC) and ARS Focused Opportunities Strategy ETF (AFOS). 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.

	SGLC	AFOS	Difference
Sharpe ratio: Return per unit of total volatility	2.03	—	—
Sortino ratio: Return per unit of downside risk	2.70	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.94	—	—
Martin ratio: Return relative to average drawdown	12.65	—	—

Drawdowns

SGLC vs. AFOS - Drawdown Comparison

The maximum SGLC drawdown since its inception was -20.24%, which is greater than AFOS's maximum drawdown of -11.52%. Use the drawdown chart below to compare losses from any high point for SGLC and AFOS.

Drawdown Indicators

	SGLC	AFOS	Difference
Max Drawdown Largest peak-to-trough decline	-20.24%	-11.52%	-8.72%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-11.52%	+1.85%
Max Drawdown (3Y) Largest decline over 3 years	-20.24%	—	—
Current Drawdown Current decline from peak	-3.24%	-2.33%	-0.91%
Average Drawdown Average peak-to-trough decline	-2.45%	-1.43%	-1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	—	—

Volatility

Volatility by Period

	SGLC	AFOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.63%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.97%	21.58%	-7.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.08%	21.58%	-5.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.08%	21.58%	-5.50%

SGLC vs. AFOS - Expense Ratio Comparison

SGLC has a 0.85% expense ratio, which is higher than AFOS's 0.45% expense ratio.

Dividends

SGLC vs. AFOS - Dividend Comparison

SGLC's dividend yield for the trailing twelve months is around 0.21%, less than AFOS's 0.22% yield.

Position	TTM	2025	2024	2023
AFOS ARS Focused Opportunities Strategy ETF	0.22%	0.30%	0.00%	0.00%
SGLC SGI U.S. Large Cap Core ETF	0.21%	0.23%	8.68%	1.49%

Frequently Asked Questions

Can I hold both SGLC and AFOS in my portfolio?

SGLC and AFOS have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SGLC or AFOS?

On 1-year performance, AFOS leads with 83.17% vs 28.28% for SGLC. On fees, AFOS is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SGLC or AFOS?

Over the 1-year period, AFOS has performed better with a 83.17% return vs 28.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SGLC or AFOS?

AFOS is cheaper with a 0.45% expense ratio, compared with 0.85% for SGLC.

Which ETF pays a higher dividend yield, SGLC or AFOS?

AFOS has the higher dividend yield at 0.22%, compared with 0.21% for SGLC.

What is the main difference between SGLC and AFOS?

They also come from different issuers: Summit Global Investments and ARS Investment Partners. Their fees differ too: 0.85% for SGLC and 0.45% for AFOS.