USDX vs. EVLN
Compare and contrast key facts about SGI Enhanced Core ETF (USDX) and Eaton Vance Floating-Rate ETF (EVLN).
USDX and EVLN 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. EVLN is an actively managed fund by Eaton Vance. It was launched on Feb 6, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USDX or EVLN.
Correlation
The correlation between USDX and EVLN is 0.07, 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. EVLN - Performance Comparison
Key characteristics
USDX:
5.08
EVLN:
1.55
USDX:
8.41
EVLN:
2.11
USDX:
2.32
EVLN:
1.43
USDX:
10.19
EVLN:
1.65
USDX:
65.44
EVLN:
9.96
USDX:
0.12%
EVLN:
0.46%
USDX:
1.48%
EVLN:
2.95%
USDX:
-0.74%
EVLN:
-2.78%
USDX:
-0.47%
EVLN:
-1.89%
Returns By Period
In the year-to-date period, USDX achieves a 1.27% return, which is significantly higher than EVLN's -1.24% return.
USDX
1.27%
-0.18%
2.86%
7.45%
N/A
N/A
EVLN
-1.24%
-1.43%
0.53%
4.54%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USDX vs. EVLN - Expense Ratio Comparison
USDX has a 0.98% expense ratio, which is higher than EVLN's 0.60% expense ratio.
Risk-Adjusted Performance
USDX vs. EVLN — Risk-Adjusted Performance Rank
USDX
EVLN
USDX vs. EVLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Core ETF (USDX) and Eaton Vance Floating-Rate ETF (EVLN). 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. EVLN - Dividend Comparison
USDX's dividend yield for the trailing twelve months is around 5.82%, less than EVLN's 8.56% yield.
| TTM | 2024 | |
|---|---|---|
USDX SGI Enhanced Core ETF | 5.82% | 4.60% |
EVLN Eaton Vance Floating-Rate ETF | 8.56% | 6.41% |
Drawdowns
USDX vs. EVLN - Drawdown Comparison
The maximum USDX drawdown since its inception was -0.74%, smaller than the maximum EVLN drawdown of -2.78%. Use the drawdown chart below to compare losses from any high point for USDX and EVLN. For additional features, visit the drawdowns tool.
Volatility
USDX vs. EVLN - Volatility Comparison
The current volatility for SGI Enhanced Core ETF (USDX) is 0.67%, while Eaton Vance Floating-Rate ETF (EVLN) has a volatility of 2.44%. This indicates that USDX experiences smaller price fluctuations and is considered to be less risky than EVLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.