USDX vs. VTG

Last updated Jun 5, 2026

USDX (SGI Enhanced Core ETF) and VTG (Vanguard Total Treasury ETF) are both Intermediate Core Bond funds. USDX is actively managed, while VTG is passively managed. At a correlation of -0.01, they often move in opposite directions. USDX charges 0.98%/yr vs 0.03%/yr for VTG.

Performance

USDX vs. VTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI Enhanced Core ETF (USDX) and Vanguard Total Treasury ETF (VTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USDX achieves a 1.79% return, which is significantly higher than VTG's 0.01% return.

USDX

• 1D: -0.19%
• 1M: -0.06%
• YTD: 1.79%
• 6M: 2.25%
• 1Y: 5.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTG

• 1D: 0.11%
• 1M: 0.10%
• YTD: 0.01%
• 6M: 0.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USDX vs. VTG - Yearly Performance Comparison

	2026 (YTD)	2025
USDX SGI Enhanced Core ETF	1.79%	3.81%
VTG Vanguard Total Treasury ETF	0.01%	2.88%

Correlation

The correlation between USDX and VTG is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025	-0.01

Return for Risk

USDX vs. VTG — Risk / Return Rank

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

USDX

USDX Risk / Return Rank: 94
USDX Sharpe Ratio Rank: 90
USDX Sortino Ratio Rank: 94
USDX Omega Ratio Rank: 96
USDX Calmar Ratio Rank: 92
USDX Martin Ratio Rank: 97

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. VTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Core ETF (USDX) and Vanguard Total Treasury ETF (VTG). 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	VTG	Difference
Sharpe ratio: Return per unit of total volatility	3.11	—	—
Sortino ratio: Return per unit of downside risk	4.82	—	—
Omega ratio: Gain probability vs. loss probability	1.77	—	—
Calmar ratio: Return relative to maximum drawdown	6.40	—	—
Martin ratio: Return relative to average drawdown	43.95	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	USDX	VTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.96	0.91	+3.04

Drawdowns

USDX vs. VTG - Drawdown Comparison

The maximum USDX drawdown since its inception was -0.94%, smaller than the maximum VTG drawdown of -2.89%. Use the drawdown chart below to compare losses from any high point for USDX and VTG.

Drawdown Indicators

	USDX	VTG	Difference
Max Drawdown Largest peak-to-trough decline	-0.94%	-2.89%	+1.95%
Max Drawdown (1Y) Largest decline over 1 year	-0.94%	—	—
Current Drawdown Current decline from peak	-0.64%	-1.78%	+1.14%
Average Drawdown Average peak-to-trough decline	-0.06%	-0.74%	+0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.14%	—	—

Volatility

Volatility by Period

	USDX	VTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.93%	3.51%	-1.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.68%	3.51%	-1.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.68%	3.51%	-1.83%

USDX vs. VTG - Expense Ratio Comparison

USDX has a 0.98% expense ratio, which is higher than VTG's 0.03% expense ratio.

Dividends

USDX vs. VTG - Dividend Comparison

USDX's dividend yield for the trailing twelve months is around 5.90%, more than VTG's 3.20% yield.

Position	TTM	2025	2024
USDX SGI Enhanced Core ETF	5.90%	5.88%	4.60%
VTG Vanguard Total Treasury ETF	3.20%	1.65%	0.00%

Frequently Asked Questions

Can I hold both USDX and VTG in my portfolio?

USDX and VTG have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USDX or VTG?

On fees, VTG is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USDX or VTG?

VTG is cheaper with a 0.03% expense ratio, compared with 0.98% for USDX.

Which ETF pays a higher dividend yield, USDX or VTG?

USDX has the higher dividend yield at 5.90%, compared with 3.20% for VTG.

What is the main difference between USDX and VTG?

They also come from different issuers: Summit Global Investments and Vanguard. Their fees differ too: 0.98% for USDX and 0.03% for VTG.