SGLC vs. GINX

Last updated Aug 2, 2026

SGLC (SGI U.S. Large Cap Core ETF) and GINX (SGI Enhanced Global Income ETF) are both exchange-traded funds - SGLC is a Large Cap Blend Equities fund actively managed by Summit Global Investments, while GINX is a Global Equities fund actively managed by Summit Global Investments. Both are actively managed. Over the past year, SGLC returned 28.98% vs 33.63% for GINX. Their 0.68 correlation means they have sometimes moved together and sometimes differently. SGLC charges 0.85%/yr vs 0.98%/yr for GINX.

Performance

SGLC vs. GINX - Performance Comparison

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

Returns By Period

In the year-to-date period, SGLC achieves a 15.05% return, which is significantly lower than GINX's 16.90% return.

SGLC

• 1D: 0.41%
• 1M: 1.35%
• 6M: 10.93%
• YTD: 15.05%
• 1Y: 28.98%
• 3Y*: 19.42%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.89%

GINX

• 1D: -0.04%
• 1M: 3.27%
• 6M: 10.26%
• YTD: 16.90%
• 1Y: 33.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.76%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GINX SGI Enhanced Global Income ETF	$347.80K	$306.84K	$274.50K
SGLC SGI U.S. Large Cap Core ETF	$554.91K	$515.82K	$530.23K

SGLC vs. GINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SGLC SGI U.S. Large Cap Core ETF	15.05%	17.30%	11.75%
GINX SGI Enhanced Global Income ETF	16.90%	25.06%	5.77%

Correlation

The correlation between SGLC and GINX is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.63
Correlation (All Time) Calculated using the full available price history since Feb 29, 2024	0.68

The correlation between SGLC and GINX has been stable across timeframes, ranging from 0.63 to 0.68 - a consistent structural relationship.

SGLC vs. GINX - Sectors Allocation Comparison

Sectors	SGLC	GINX
Technology	36.7%	11.3%
Financial Services	14.5%	31.2%
Communication Services	10.7%	2.8%
Healthcare	9.8%	10.4%
Consumer Cyclical	8.9%	6.0%
Industrials	5.9%	9.8%
Consumer Defensive	3.7%	8.1%
Energy	2.9%	8.2%
Real Estate	2.5%	2.1%
Basic Materials	2.1%	3.3%
Utilities	2.1%	6.7%

Return for Risk

SGLC vs. GINX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SGLC

SGLC Risk / Return Rank: 80
SGLC Sharpe Ratio Rank: 80
SGLC Sortino Ratio Rank: 78
SGLC Omega Ratio Rank: 79
SGLC Calmar Ratio Rank: 78
SGLC Martin Ratio Rank: 84

GINX

GINX Risk / Return Rank: 92
GINX Sharpe Ratio Rank: 95
GINX Sortino Ratio Rank: 95
GINX Omega Ratio Rank: 93
GINX Calmar Ratio Rank: 89
GINX Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SGLC vs. GINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI U.S. Large Cap Core ETF (SGLC) and SGI Enhanced Global Income ETF (GINX). 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	GINX	Difference
Sharpe ratio: Return per unit of total volatility	1.87	2.79	-0.92
Sortino ratio: Return per unit of downside risk	2.52	3.92	-1.40
Omega ratio: Gain probability vs. loss probability	1.33	1.49	-0.16
Calmar ratio: Return relative to maximum drawdown	2.81	3.73	-0.93
Martin ratio: Return relative to average drawdown	11.81	14.51	-2.70

SGLC vs. GINX - Sharpe Ratio Comparison

The current SGLC Sharpe Ratio is 1.87, which is lower than the GINX Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of SGLC and GINX, 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. GINX - Drawdown Comparison

The maximum SGLC drawdown since its inception was -20.24%, which is greater than GINX's maximum drawdown of -12.53%. Use the drawdown chart below to compare losses from any high point for SGLC and GINX.

Drawdown Indicators

	SGLC	GINX	Difference
Max Drawdown Largest peak-to-trough decline	-20.24%	-12.53%	-7.71%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-8.91%	-0.76%
Max Drawdown (3Y) Largest decline over 3 years	-20.24%	—	—
Current Drawdown Current decline from peak	-0.50%	-0.04%	-0.46%
Average Drawdown Average peak-to-trough decline	-2.41%	-1.73%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	2.29%	+0.01%

Volatility

SGLC vs. GINX - Volatility Comparison

SGI U.S. Large Cap Core ETF (SGLC) has a higher volatility of 4.40% compared to SGI Enhanced Global Income ETF (GINX) at 3.05%. This indicates that SGLC's price experiences larger fluctuations and is considered to be riskier than GINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGLC	GINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	3.05%	+1.35%
Volatility (6M) Calculated over the trailing 6-month period	11.65%	9.67%	+1.98%
Volatility (1Y) Calculated over the trailing 1-year period	14.55%	11.98%	+2.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.05%	13.70%	+2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.05%	13.70%	+2.35%

SGLC vs. GINX - Expense Ratio Comparison

SGLC has a 0.85% expense ratio, which is lower than GINX's 0.98% expense ratio.

Dividends

SGLC vs. GINX - Dividend Comparison

SGLC's dividend yield for the trailing twelve months is around 0.20%, less than GINX's 2.03% yield.

Position	TTM	2025	2024	2023
GINX SGI Enhanced Global Income ETF	2.03%	2.81%	2.97%	0.00%
SGLC SGI U.S. Large Cap Core ETF	0.20%	0.23%	8.68%	1.49%

Frequently Asked Questions

Can I hold both SGLC and GINX in my portfolio?

SGLC and GINX have a correlation of 0.63, 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 GINX?

SGLC has higher volatility (4.40%) compared to GINX (3.05%). In terms of maximum drawdown, SGLC dropped -20.24% vs GINX's -12.53%.

Which ETF is better, SGLC or GINX?

On 1-year performance, GINX leads with 33.63% vs 28.98% for SGLC. On fees, SGLC is cheaper at 0.85% per year. On volatility, GINX has been the lower-risk option at 3.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SGLC or GINX?

Over the 1-year period, GINX has performed better with a 33.63% return vs 28.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SGLC or GINX?

SGLC is cheaper with a 0.85% expense ratio, compared with 0.98% for GINX.

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

GINX has the higher dividend yield at 2.03%, compared with 0.20% for SGLC.

What is the main difference between SGLC and GINX?

SGLC is categorized as Large Cap Blend Equities, while GINX is Global Equities. Their fees differ too: 0.85% for SGLC and 0.98% for GINX.

Which has better risk-adjusted returns?

GINX currently has the higher Sharpe Ratio (2.79 vs 1.87), 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.