USDX vs. USD=X
Compare and contrast key facts about SGI Enhanced Core ETF (USDX) and USD Cash (USD=X).
USDX is an actively managed fund by Summit Global Investments. It was launched on Feb 28, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USDX or USD=X.
Correlation
The correlation between USDX and USD=X is 0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
USDX vs. USD=X - Performance Comparison
Key characteristics
USDX:
1.40%
USD=X:
0.00%
USDX:
-0.24%
USD=X:
0.00%
USDX:
0.00%
USD=X:
0.00%
Returns By Period
USDX
0.61%
0.49%
3.79%
N/A
N/A
N/A
USD=X
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
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Risk-Adjusted Performance
USDX vs. USD=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Core ETF (USDX) and USD Cash (USD=X). 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.
Not enough dataDrawdowns
USDX vs. USD=X - Drawdown Comparison
The maximum USDX drawdown since its inception was -0.24%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for USDX and USD=X. For additional features, visit the drawdowns tool.
Volatility
USDX vs. USD=X - Volatility Comparison
SGI Enhanced Core ETF (USDX) has a higher volatility of 0.16% compared to USD Cash (USD=X) at 0.00%. This indicates that USDX's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.