SGLC vs. LDRX

Last updated Jun 23, 2026

SGLC (SGI U.S. Large Cap Core ETF) and LDRX (SGI Enhanced Market Leaders ETF) are both exchange-traded funds - SGLC is a Large Cap Blend Equities fund actively managed by Summit Global Investments, while LDRX is a Derivative Income fund actively managed by Summit Global Investments. Both are actively managed. Over the past year, SGLC returned 33.50% vs 25.78% for LDRX. Their correlation of 0.86 suggests significant overlap in exposure. SGLC charges 0.85%/yr vs 0.59%/yr for LDRX.

Performance

SGLC vs. LDRX - 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 Market Leaders ETF (LDRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SGLC achieves a 13.02% return, which is significantly higher than LDRX's 7.33% return.

SGLC

• 1D: -0.39%
• 1M: 0.91%
• YTD: 13.02%
• 6M: 12.78%
• 1Y: 33.50%
• 3Y*: 21.49%
• 5Y*: —
• 10Y*: —

LDRX

• 1D: -0.90%
• 1M: -1.51%
• YTD: 7.33%
• 6M: 7.16%
• 1Y: 25.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SGLC vs. LDRX - Yearly Performance Comparison

	2026 (YTD)	2025
SGLC SGI U.S. Large Cap Core ETF	13.02%	22.30%
LDRX SGI Enhanced Market Leaders ETF	7.33%	23.63%

Correlation

The correlation between SGLC and LDRX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since May 5, 2025	0.86

The correlation between SGLC and LDRX has been stable across timeframes, ranging from 0.86 to 0.87 - a consistent structural relationship.

Return for Risk

SGLC vs. LDRX — Risk / Return Rank

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

SGLC

SGLC Risk / Return Rank: 76
SGLC Sharpe Ratio Rank: 78
SGLC Sortino Ratio Rank: 73
SGLC Omega Ratio Rank: 76
SGLC Calmar Ratio Rank: 71
SGLC Martin Ratio Rank: 80

LDRX

LDRX Risk / Return Rank: 57
LDRX Sharpe Ratio Rank: 60
LDRX Sortino Ratio Rank: 59
LDRX Omega Ratio Rank: 57
LDRX Calmar Ratio Rank: 51
LDRX Martin Ratio Rank: 58

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. LDRX - 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 Market Leaders ETF (LDRX). 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	LDRX	Difference
Sharpe ratio: Return per unit of total volatility	2.40	1.94	+0.47
Sortino ratio: Return per unit of downside risk	3.14	2.70	+0.45
Omega ratio: Gain probability vs. loss probability	1.43	1.34	+0.09
Calmar ratio: Return relative to maximum drawdown	3.48	2.44	+1.04
Martin ratio: Return relative to average drawdown	15.14	9.98	+5.17

SGLC vs. LDRX - Sharpe Ratio Comparison

The current SGLC Sharpe Ratio is 2.40, which is comparable to the LDRX Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of SGLC and LDRX, 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. LDRX - Drawdown Comparison

The maximum SGLC drawdown since its inception was -20.24%, which is greater than LDRX's maximum drawdown of -10.62%. Use the drawdown chart below to compare losses from any high point for SGLC and LDRX.

Drawdown Indicators

	SGLC	LDRX	Difference
Max Drawdown Largest peak-to-trough decline	-20.24%	-10.62%	-9.62%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-10.62%	+0.95%
Max Drawdown (3Y) Largest decline over 3 years	-20.24%	—	—
Current Drawdown Current decline from peak	-1.67%	-3.25%	+1.58%
Average Drawdown Average peak-to-trough decline	-2.45%	-1.51%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	2.59%	-0.37%

Volatility

SGLC vs. LDRX - Volatility Comparison

SGI U.S. Large Cap Core ETF (SGLC) and SGI Enhanced Market Leaders ETF (LDRX) have volatilities of 4.79% and 5.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGLC	LDRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	5.00%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	11.68%	10.57%	+1.11%
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	13.40%	+0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.10%	13.34%	+2.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.10%	13.34%	+2.76%

SGLC vs. LDRX - Expense Ratio Comparison

SGLC has a 0.85% expense ratio, which is higher than LDRX's 0.59% expense ratio.

Dividends

SGLC vs. LDRX - Dividend Comparison

SGLC's dividend yield for the trailing twelve months is around 0.21%, less than LDRX's 1.22% yield.

Position	TTM	2025	2024	2023
LDRX SGI Enhanced Market Leaders ETF	1.22%	1.19%	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 LDRX in my portfolio?

SGLC and LDRX have a correlation of 0.87, 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 LDRX?

LDRX has higher volatility (5.00%) compared to SGLC (4.79%). In terms of maximum drawdown, SGLC dropped -20.24% vs LDRX's -10.62%.

Which ETF is better, SGLC or LDRX?

On 1-year performance, SGLC leads with 33.50% vs 25.78% for LDRX. On fees, LDRX is cheaper at 0.59% per year. On volatility, SGLC has been the lower-risk option at 4.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SGLC or LDRX?

Over the 1-year period, SGLC has performed better with a 33.50% return vs 25.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SGLC or LDRX?

LDRX is cheaper with a 0.59% expense ratio, compared with 0.85% for SGLC.

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

LDRX has the higher dividend yield at 1.22%, compared with 0.21% for SGLC.

What is the main difference between SGLC and LDRX?

SGLC is categorized as Large Cap Blend Equities, while LDRX is Derivative Income. Their fees differ too: 0.85% for SGLC and 0.59% for LDRX.

Which has better risk-adjusted returns?

SGLC currently has the higher Sharpe Ratio (2.40 vs 1.94), 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.