SGI Enhanced Market Leaders ETF
$37.52+0.01 (+0.02%)
- 0.50%
- $259M
- +20.0%
- 0.95%
- 0M sh
- $37.35
- low $29.65high $37.70
The ETF.net LDRX Grade
C
Score 54 out of 100
- 53 of 127
Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B69 out of 100Rank 37 of 127Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 82 of 126Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 92 of 127Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C47 out of 100Rank 82 of 124Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B61 out of 100Rank 53 of 127
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
- 107
- 55%
- NVDA
Geography
- United States99.11%
- Ireland0.48%
- United Kingdom0.41%
LDRX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
LDRX$11,999
Returns run to the Oct 12, 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 | +14.4% |
| 1 month | +2.3% |
| 3 months | +4.4% |
| 1 year | +20.0% |
| 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 | +14.4% | |
| 2025 | +23.8% |
LDRX in the news
LDRX Dividends
- 0.95%
- $0.36
- $0.04 per share
- Quarterly
Distribution history
LDRX Risk
- 13.9%
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.
- 1.39
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.
- 1.14
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
0.50%
LDRX0.50%
- The middle half of US Active Equity funds
- Median 0.70%
39 of the 123 US Active Equity funds charge less.
Other funds in US Active Equity
- BXLSRState Street US Sector Rotation ETFExpense ratio 0.70%1 year return +15.6%
- CGRNYTidal Trust III - Fundstrat Granny Shots US Large Cap ETFExpense ratio 0.75%1 year return +14.7%
- CPEXLPacer US Export Leaders ETFExpense ratio 0.60%1 year return +33.5%
- CSECTMain Sector Rotation ETFExpense ratio 0.69%1 year return +18.7%
- CGOPSubversive Congressional Republicans Trading ETFExpense ratio 0.73%1 year return +26.4%