GINX - ETF AI Analysis
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SGI Enhanced Global Income ETF (GINX)
Rating:62Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many sectors, which helps reduce the impact if any one industry runs into trouble.
Strong Performance So Far This Year
The ETF has delivered solid gains year-to-date, suggesting its strategy and holdings have been working well in the recent market environment.
Several Strong Individual Holdings
Key positions like Magna International, TSMC, and major U.S. banks have shown strong performance, providing important support to the fund’s returns.
Negative Factors
High Expense Ratio
The fund’s fees are relatively high for an ETF, which means more of the returns are eaten up by costs over time.
Heavy U.S. Concentration
With most assets in U.S. securities, investors get limited geographic diversification and remain heavily tied to the U.S. market.
Large Tilt Toward Financials
A big slice of the portfolio is in financial stocks, so the fund could be more sensitive to problems in the banking and financial sector.
GINX vs. SPDR S&P 500 ETF (SPY)
AUM104.93M
RegionGlobal
Expense Ratio1.02%
Beta0.65
IssuerSummit Global Investments
Inception DateFeb 29, 2024
Dividend Yield2%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume13,028
30 Day Avg. Volume8,684
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 (GINX) is a global fund that aims to provide steady income by investing across many sectors and countries, with most of its holdings in the United States. It does not track a specific index, but instead follows a total market income theme, focusing on companies that pay strong dividends. Its top positions include well-known names like JPMorgan Chase and Bank of America, along with firms such as Colgate-Palmolive and TSMC. Investors might consider GINX for diversified income, but should know it can still rise and fall with the overall stock market.
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
GINX leans heavily on big global banks, with JPMorgan, Bank of America, BNP Paribas, and BBVA acting as the main engines for recent gains as financials keep rising. UPS adds a steady industrial backbone, helping support income even when growth looks a bit mixed. On the defensive side, Colgate-Palmolive has been more of a slow walker, and TSMC’s recent wobble suggests some tech momentum is losing steam despite its strong year overall. Overall, the fund is globally diversified but clearly anchored in financials, with a meaningful tilt toward income-friendly blue chips.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 3.06% | $3.21M | ― | ― | ― | |
| ― | 3.03% | $3.18M | ― | ― | ― | |
| ― | 2.89% | $3.03M | ― | ― | ― | |
| JPMorgan Chase | 2.79% | $2.92M | $950.35B | 24.25% | 72 Outperform | |
| BNP Paribas | 2.29% | $2.40M | $143.41B | 37.77% | 72 Outperform | |
| Bank of America | 2.13% | $2.23M | $441.73B | 38.34% | 72 Outperform | |
| Banco Bilbao | 2.10% | $2.20M | $158.11B | 52.26% | 76 Outperform | |
| Colgate-Palmolive | 1.97% | $2.06M | $74.35B | 10.30% | 63 Neutral | |
| United Parcel | 1.82% | $1.91M | $88.97B | 21.33% | 72 Outperform | |
| TSMC | 1.81% | $1.89M | $1.91T | 72.86% | 81 Outperform |
GINX Technical Analysis
Positive
―
Price Trends
35.33
Positive
34.44
Positive
32.98
Positive
Market Momentum
0.44
Negative
70.53
Negative
89.51
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 36.04, equal to the 50-day MA of 35.33, and equal to the 200-day MA of 32.98, indicating a bullish trend. The MACD of 0.44 indicates Negative momentum. The RSI at 70.53 is Negative, neither overbought nor oversold. The STOCH value of 89.51 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
36.79
9.05
32.62%
RGEF
Rockefeller Global Equity ETF
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―
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KAT
Scharf ETF
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DWLD
Davis Select Worldwide Etf
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RGLO
Global Equity Active ETF
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JSTC
Adasina Social Justice All Cap Global 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.
DisclaimerThis 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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