SGLC vs. ENFR

Last updated Jun 24, 2026

SGLC (SGI U.S. Large Cap Core ETF) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - SGLC is a Large Cap Blend Equities fund actively managed by Summit Global Investments, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. SGLC is actively managed, while ENFR is passively managed. Over the past 3 years, SGLC returned 21.04%/yr vs 28.90%/yr for ENFR. At a 0.28 correlation, their price movements are largely independent. SGLC charges 0.85%/yr vs 0.35%/yr for ENFR.

Performance

SGLC vs. ENFR - Performance Comparison

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

Returns By Period

In the year-to-date period, SGLC achieves a 11.78% return, which is significantly lower than ENFR's 24.93% return.

SGLC

• 1D: -1.10%
• 1M: -0.20%
• YTD: 11.78%
• 6M: 10.85%
• 1Y: 30.46%
• 3Y*: 21.04%
• 5Y*: —
• 10Y*: —

ENFR

• 1D: 1.51%
• 1M: -4.52%
• YTD: 24.93%
• 6M: 25.03%
• 1Y: 27.76%
• 3Y*: 28.90%
• 5Y*: 20.07%
• 10Y*: 11.98%

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

SGLC vs. ENFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SGLC SGI U.S. Large Cap Core ETF	11.78%	17.30%	20.19%	19.30%
ENFR Alerian Energy Infrastructure ETF	24.93%	5.88%	42.17%	16.01%

Correlation

The correlation between SGLC and ENFR is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Mar 31, 2023	0.28

The correlation between SGLC and ENFR shifts across timeframes, from -0.09 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.

SGLC vs. ENFR - Sectors Allocation Comparison

Sectors	SGLC	ENFR
Technology	32.4%	-
Financial Services	14.9%	0.1%
Communication Services	11.2%	-
Consumer Cyclical	10.1%	-
Healthcare	9.9%	-
Industrials	6.5%	3.4%
Consumer Defensive	5.4%	-
Basic Materials	3.1%	-
Energy	2.9%	98.5%
Real Estate	2.5%	-
Utilities	1.2%	1.4%

Return for Risk

SGLC vs. ENFR — Risk / Return Rank

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

SGLC

SGLC Risk / Return Rank: 73
SGLC Sharpe Ratio Rank: 75
SGLC Sortino Ratio Rank: 69
SGLC Omega Ratio Rank: 73
SGLC Calmar Ratio Rank: 69
SGLC Martin Ratio Rank: 78

ENFR

ENFR Risk / Return Rank: 57
ENFR Sharpe Ratio Rank: 59
ENFR Sortino Ratio Rank: 57
ENFR Omega Ratio Rank: 54
ENFR Calmar Ratio Rank: 67
ENFR Martin Ratio Rank: 50

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. ENFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI U.S. Large Cap Core ETF (SGLC) and Alerian Energy Infrastructure ETF (ENFR). 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	ENFR	Difference
Sharpe ratio: Return per unit of total volatility	2.18	1.88	+0.30
Sortino ratio: Return per unit of downside risk	2.88	2.59	+0.29
Omega ratio: Gain probability vs. loss probability	1.39	1.32	+0.07
Calmar ratio: Return relative to maximum drawdown	3.16	3.23	-0.06
Martin ratio: Return relative to average drawdown	13.73	8.24	+5.48

SGLC vs. ENFR - Sharpe Ratio Comparison

The current SGLC Sharpe Ratio is 2.18, which is comparable to the ENFR Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of SGLC and ENFR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SGLC vs. ENFR - Drawdown Comparison

The maximum SGLC drawdown since its inception was -20.24%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for SGLC and ENFR.

Drawdown Indicators

	SGLC	ENFR	Difference
Max Drawdown Largest peak-to-trough decline	-20.24%	-68.28%	+48.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-8.64%	-1.03%
Max Drawdown (3Y) Largest decline over 3 years	-20.24%	-15.58%	-4.66%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-62.64%	—
Current Drawdown Current decline from peak	-2.75%	-4.71%	+1.96%
Average Drawdown Average peak-to-trough decline	-2.45%	-15.94%	+13.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	3.38%	-1.16%

Volatility

SGLC vs. ENFR - Volatility Comparison

The current volatility for SGI U.S. Large Cap Core ETF (SGLC) is 4.91%, while Alerian Energy Infrastructure ETF (ENFR) has a volatility of 5.69%. This indicates that SGLC experiences smaller price fluctuations and is considered to be less risky than ENFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGLC	ENFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	5.69%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	11.69%	11.60%	+0.09%
Volatility (1Y) Calculated over the trailing 1-year period	14.05%	14.86%	-0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.10%	19.25%	-3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.10%	24.68%	-8.58%

SGLC vs. ENFR - Expense Ratio Comparison

SGLC has a 0.85% expense ratio, which is higher than ENFR's 0.35% expense ratio.

Dividends

SGLC vs. ENFR - Dividend Comparison

SGLC's dividend yield for the trailing twelve months is around 0.21%, less than ENFR's 4.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENFR Alerian Energy Infrastructure ETF	4.02%	4.77%	4.41%	5.48%	5.23%	7.86%	7.57%	5.81%	3.98%	2.98%	3.31%	3.34%
SGLC SGI U.S. Large Cap Core ETF	0.21%	0.23%	8.68%	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SGLC and ENFR in my portfolio?

SGLC and ENFR have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SGLC or ENFR?

ENFR has higher volatility (5.69%) compared to SGLC (4.91%). In terms of maximum drawdown, SGLC dropped -20.24% vs ENFR's -68.28%.

Which ETF is better, SGLC or ENFR?

On 3-year performance, ENFR leads with 28.90% vs 21.04% for SGLC. On fees, ENFR is cheaper at 0.35% per year. On volatility, SGLC has been the lower-risk option at 4.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SGLC or ENFR?

Over the 3-year period, ENFR has performed better with a 28.90% return vs 21.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SGLC or ENFR?

ENFR is cheaper with a 0.35% expense ratio, compared with 0.85% for SGLC.

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

ENFR has the higher dividend yield at 4.02%, compared with 0.21% for SGLC.

What is the main difference between SGLC and ENFR?

SGLC is categorized as Large Cap Blend Equities, while ENFR is Energy Equities. They also come from different issuers: Summit Global Investments and SS&C. Their fees differ too: 0.85% for SGLC and 0.35% for ENFR.

Which has better risk-adjusted returns?

SGLC currently has the higher Sharpe Ratio (2.18 vs 1.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.