USDX vs. ARCM
Compare and contrast key facts about SGI Enhanced Core ETF (USDX) and Arrow Reserve Capital Management ETF (ARCM).
USDX and ARCM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USDX is an actively managed fund by Summit Global Investments. It was launched on Feb 28, 2024. ARCM is an actively managed fund by Arrow Funds. It was launched on Mar 31, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USDX or ARCM.
Correlation
The correlation between USDX and ARCM is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
USDX vs. ARCM - Performance Comparison
Key characteristics
USDX:
5.08
ARCM:
13.15
USDX:
8.41
ARCM:
40.16
USDX:
2.32
ARCM:
9.17
USDX:
10.19
ARCM:
112.04
USDX:
65.44
ARCM:
546.76
USDX:
0.12%
ARCM:
0.01%
USDX:
1.48%
ARCM:
0.38%
USDX:
-0.74%
ARCM:
-4.08%
USDX:
-0.47%
ARCM:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with USDX having a 1.27% return and ARCM slightly lower at 1.24%.
USDX
1.27%
-0.18%
2.86%
7.45%
N/A
N/A
ARCM
1.24%
0.31%
2.12%
4.95%
2.38%
N/A
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USDX vs. ARCM - Expense Ratio Comparison
USDX has a 0.98% expense ratio, which is higher than ARCM's 0.50% expense ratio.
Risk-Adjusted Performance
USDX vs. ARCM — Risk-Adjusted Performance Rank
USDX
ARCM
USDX vs. ARCM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Core ETF (USDX) and Arrow Reserve Capital Management ETF (ARCM). 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
USDX vs. ARCM - Dividend Comparison
USDX's dividend yield for the trailing twelve months is around 5.82%, more than ARCM's 4.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
USDX SGI Enhanced Core ETF | 5.82% | 4.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARCM Arrow Reserve Capital Management ETF | 4.76% | 4.87% | 4.26% | 0.90% | 0.02% | 0.80% | 2.32% | 1.91% | 0.62% |
Drawdowns
USDX vs. ARCM - Drawdown Comparison
The maximum USDX drawdown since its inception was -0.74%, smaller than the maximum ARCM drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for USDX and ARCM. For additional features, visit the drawdowns tool.
Volatility
USDX vs. ARCM - Volatility Comparison
SGI Enhanced Core ETF (USDX) has a higher volatility of 0.67% compared to Arrow Reserve Capital Management ETF (ARCM) at 0.09%. This indicates that USDX's price experiences larger fluctuations and is considered to be riskier than ARCM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.