USDX vs. SGLC

Last updated Apr 3, 2026

Compare and contrast key facts about SGI Enhanced Core ETF (USDX) and SGI U.S. Large Cap Core ETF (SGLC).

USDX and SGLC 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. SGLC is an actively managed fund by Summit Global Investments. It was launched on Mar 30, 2023.

Performance

USDX vs. SGLC - Performance Comparison

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

USDX vs. SGLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
USDX SGI Enhanced Core ETF	1.20%	6.25%	6.87%
SGLC SGI U.S. Large Cap Core ETF	-2.12%	17.30%	10.87%

Returns By Period

In the year-to-date period, USDX achieves a 1.20% return, which is significantly higher than SGLC's -2.12% return.

USDX

• 1D: -0.08%
• 1M: 0.67%
• YTD: 1.20%
• 6M: 3.02%
• 1Y: 5.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGLC

• 1D: 1.11%
• 1M: -3.14%
• YTD: -2.12%
• 6M: 2.14%
• 1Y: 20.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USDX vs. SGLC - Expense Ratio Comparison

USDX has a 0.98% expense ratio, which is higher than SGLC's 0.85% expense ratio.

USDX

SGI Enhanced Core ETF

SGLC

SGI U.S. Large Cap Core ETF

Return for Risk

USDX vs. SGLC — Risk / Return Rank

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

USDX

USDX Risk / Return Rank: 98
USDX Sharpe Ratio Rank: 98
USDX Sortino Ratio Rank: 98
USDX Omega Ratio Rank: 98
USDX Calmar Ratio Rank: 98
USDX Martin Ratio Rank: 98

SGLC

SGLC Risk / Return Rank: 60
SGLC Sharpe Ratio Rank: 56
SGLC Sortino Ratio Rank: 57
SGLC Omega Ratio Rank: 61
SGLC Calmar Ratio Rank: 60
SGLC Martin Ratio Rank: 66

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.

USDX vs. SGLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Core ETF (USDX) and SGI U.S. Large Cap Core ETF (SGLC). 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.

	USDX	SGLC	Difference
Sharpe ratio Return per unit of total volatility	3.23	1.07	+2.16
Sortino ratio Return per unit of downside risk	5.02	1.58	+3.45
Omega ratio Gain probability vs. loss probability	1.81	1.24	+0.57
Calmar ratio Return relative to maximum drawdown	6.09	1.73	+4.36
Martin ratio Return relative to average drawdown	32.56	7.51	+25.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USDX vs. SGLC - Sharpe Ratio Comparison

The current USDX Sharpe Ratio is 3.23, which is higher than the SGLC Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of USDX and SGLC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	USDX	SGLC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.23	1.07	+2.16
Sharpe Ratio (All Time) Calculated using the full available price history	4.40	1.12	+3.29

Correlation

The correlation between USDX and SGLC is 0.03, 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.

Dividends

USDX vs. SGLC - Dividend Comparison

USDX's dividend yield for the trailing twelve months is around 5.62%, more than SGLC's 0.24% yield.

	TTM	2025	2024	2023
USDX SGI Enhanced Core ETF	5.62%	5.88%	4.60%	0.00%
SGLC SGI U.S. Large Cap Core ETF	0.24%	0.23%	8.68%	1.49%

Drawdowns

USDX vs. SGLC - Drawdown Comparison

The maximum USDX drawdown since its inception was -0.94%, smaller than the maximum SGLC drawdown of -20.24%. Use the drawdown chart below to compare losses from any high point for USDX and SGLC.

Drawdown Indicators

	USDX	SGLC	Difference
Max Drawdown Largest peak-to-trough decline	-0.94%	-20.24%	+19.30%
Max Drawdown (1Y) Largest decline over 1 year	-0.94%	-12.16%	+11.22%
Current Drawdown Current decline from peak	-0.08%	-6.19%	+6.11%
Average Drawdown Average peak-to-trough decline	-0.06%	-2.54%	+2.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.18%	2.80%	-2.62%

Volatility

USDX vs. SGLC - Volatility Comparison

The current volatility for SGI Enhanced Core ETF (USDX) is 0.49%, while SGI U.S. Large Cap Core ETF (SGLC) has a volatility of 6.04%. This indicates that USDX experiences smaller price fluctuations and is considered to be less risky than SGLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USDX	SGLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.49%	6.04%	-5.55%
Volatility (6M) Calculated over the trailing 6-month period	1.40%	11.11%	-9.71%
Volatility (1Y) Calculated over the trailing 1-year period	1.78%	19.40%	-17.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.57%	16.18%	-14.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.57%	16.18%	-14.61%