SGI Enhanced Market Leaders ETF
$37.05−0.35 (−0.93%)
- Expense ratio
- 0.50%
- Fund size
- $255M
- 1Y return
- +16.7%
- Yield · Last 12 months
- 1.05%
- Volume · 30D
- 0M sh
- NAV per share
- $36.80
- 52W range
The ETF.net LDRX Grade
Score 55 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 68Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 38Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 47Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 63Category rank
Our read on LDRX
CA concentrated portfolio of large-cap market leaders with an options engine bolted on: managers sell short-dated, deep-out-of-the-money puts and calls to pull in extra premium. Active stock picking plus an income overlay at 0.50%.
Seeks capital appreciation and current income. It actively manages a portfolio concentrated in large-capitalization companies and uses short-dated, deep-out-of-the-money put and call writing to generate additional income.
Why people hold it
- The overlay sells options that are short dated and deep out of the money, so premium comes in while the everyday swings in the stock book stay with shareholders.
- At 0.50%, an actively run book with an options overlay costs less than the typical active US stock fund.
- The leaders screen leans on low volatility, quality and value, so it is built on company traits rather than size alone.
- Income is written into the mandate, not a byproduct: the fund seeks capital appreciation and current income, and distributes on a quarterly cadence.
Worth knowing
- Launched in 2025, so there is little history to judge the manager or the overlay across a full market cycle.
- Trading is thin next to the category's household names, which can mean wider spreads at the moment of execution.
- Written calls hand back some of a runaway rally. Deep-out-of-the-money strikes keep that give-back small, but it is the price of the premium.
LDRX Holdings
- Stocks
- —
- 55%
- NVDA
Geography
- United States99.12%
- Ireland0.45%
- United Kingdom0.42%
LDRX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | LDRX |
|---|---|
| Year to date | +14.0% |
| 1 month | +2.6% |
| 3 months | +6.2% |
| 1 year | +16.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | LDRX |
|---|---|---|
| 2026 YTD | +14.0% | |
| 2025 | +23.8% |
LDRX in the news
ETF.net Research hasn’t filed on LDRX yet — coverage lands here as it’s written.
LDRX Dividends
- 1.05%
- $0.39
- $0.04 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jun 30, 2026 | $0.04 |
| Mar 30, 2026 | Mar 31, 2026 | $0.04 |
| Dec 23, 2025 | Dec 24, 2025 | $0.24 |
| Sep 26, 2025 | Sep 29, 2025 | $0.08 |
| Jun 26, 2025 | Jun 27, 2025 | $0.08 |
LDRX Risk
- 14.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.42
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −10.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.15
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
LDRX Cost
- The middle half of US Active Equity funds
- Median 0.70%
40 of the 124 US Active Equity funds charge less.