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GINX - ETF AI Analysis
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SGI Enhanced Global Income ETF (GINX)
Rating:60Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, indicating strong overall momentum.
Sector Diversification
The fund is spread across 11 sectors, reducing the risk of heavy losses from a downturn in any single industry.
Global Exposure
While primarily focused on the U.S., the ETF includes holdings from Canada and Japan, adding some international diversification.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee compared to similar funds, which can eat into investor returns over time.
Underperforming Holdings
Some top holdings, like Merck and Colgate-Palmolive, have lagged this year, potentially dragging down overall performance.
U.S.-Heavy Allocation
Nearly 80% of the fund is invested in U.S. companies, limiting exposure to global markets and diversification benefits.
GINX vs. SPDR S&P 500 ETF (SPY)
AUM77.69M
RegionGlobal
Expense Ratio0.99%
Beta0.71
IssuerSummit Global Investments
Inception DateFeb 29, 2024
Dividend Yield5.88%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,523
30 Day Avg. Volume14,502
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GINX Summary
The SGI Enhanced Global Income ETF (Ticker: GINX) is an investment fund designed to provide income and diversification by holding a mix of companies from various sectors and regions. It focuses on the total market, with a strong emphasis on income-generating assets. Some well-known companies in its portfolio include Merck & Company and Colgate-Palmolive. This ETF is ideal for investors looking to enhance their portfolio's income potential while gaining exposure to a wide range of industries and countries. However, new investors should be aware that the fund's performance can fluctuate with global market conditions, which may impact returns.
How much will it cost me?The SGI Enhanced Global Income ETF (GINX) has an expense ratio of 0.99%, which means you’ll pay $9.90 per year for every $1,000 invested. This is higher than average because it is actively managed, aiming to maximize global income opportunities through a dynamic and diversified strategy.
What would affect this ETF?The SGI Enhanced Global Income ETF (GINX) could benefit from global economic growth, particularly in sectors like financials and technology, which are heavily weighted in its portfolio. However, rising interest rates or regulatory changes in key industries like healthcare and energy could negatively impact its income-generating capabilities. Additionally, geopolitical tensions or economic slowdowns in regions where GINX has significant exposure may pose risks to its performance.
GINX Top 10 Holdings
The SGI Enhanced Global Income ETF leans heavily into financials, with Banco Bilbao (BBVA) providing steady gains thanks to strong profitability and revenue growth, though regional challenges temper its momentum. Health care names like Merck and AbbVie are rising, driven by robust earnings and strategic investments, while Colgate-Palmolive is lagging due to operational inefficiencies and weak technical performance. Technology exposure, including TSMC and Qualcomm, adds a mixed bag of growth potential and valuation concerns. With its global focus, the fund balances income generation across sectors, though financials and health care are clearly steering the ship.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 3.31% | $2.57M | ― | ― | ― | |
| ― | 3.17% | $2.46M | ― | ― | ― | |
| ― | 2.73% | $2.12M | ― | ― | ― | |
| Banco Bilbao | 2.49% | $1.94M | $126.44B | 117.35% | 73 Outperform | |
| Merck & Company | 2.41% | $1.88M | $247.51B | -3.27% | 81 Outperform | |
| Colgate-Palmolive | 2.29% | $1.78M | $62.93B | -17.15% | 63 Neutral | |
| TSMC | 2.27% | $1.76M | $1.22T | 45.17% | 81 Outperform | |
| JPMorgan Chase | 2.27% | $1.76M | $857.62B | 27.36% | 72 Outperform | |
| Qualcomm | 2.13% | $1.66M | $187.22B | 9.59% | 80 Outperform | |
| AbbVie | 2.01% | $1.56M | $399.57B | 28.32% | 65 Neutral |
GINX Technical Analysis
Positive
―
Price Trends
29.78
Positive
28.94
Positive
27.59
Positive
Market Momentum
0.30
Negative
66.84
Neutral
95.77
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GINX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.26, equal to the 50-day MA of 29.78, and equal to the 200-day MA of 27.59, indicating a bullish trend. The MACD of 0.30 indicates Negative momentum. The RSI at 66.84 is Neutral, neither overbought nor oversold. The STOCH value of 95.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GINX.
GINX Peer Comparison
Comparison Results
Performance Comparison
GINX
SGI Enhanced Global Income ETF
30.81
5.26
20.59%
ICAP
InfraCap Equity Income Fund ETF
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TOLL
Tema Monopolies and Oligopolies ETF
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GOP
Unusual Whales Subversive Republican Trading ETF
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CAMX
Cambiar Aggressive Value ETF
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SAGP
Strategas Global Policy Opportunities ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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