SGI Enhanced Global Income ETF (GINX) Valuation
GINX valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 18.5 trailing earnings
- Forward P/E
- 13.7 analyst estimates
- Price / sales
- 0.10
- Price / book
- 2.70
- EV / EBITDA
- 11.0
- Earnings yield
- 5.40% inverse of P/E
- Dividend yield
- 2.72% of the holdings
- Return on equity
- 14.6% combined
- Net margin
- 0.5% combined
- Beta
- 0.73 weighted, vs S&P 500
GINX valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| GINX | 18.5 | 13.7 | 0.10 | 2.70 | 2.72% | 14.6% | 0.5% | 3.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
GINX valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 30.6% | 12.5 | 11.1 | 0.09 | 1.72 | 2.90% | 13.7% |
| Energy | 11.4% | 17.9 | 11.9 | 1.31 | 1.69 | 3.28% | 9.5% |
| Healthcare | 10.6% | 35.4 | 13.7 | 0.16 | 4.80 | 2.70% | 13.6% |
| Technology | 9.0% | 24.0 | 18.0 | 0.57 | 6.36 | 1.52% | 26.5% |
| Industrials | 8.1% | 22.8 | 15.9 | 1.75 | 6.63 | 2.06% | 29.1% |
| Consumer Defensive | 7.9% | 22.6 | 17.7 | 1.28 | 10.86 | 3.01% | 48.1% |
| Utilities | 4.1% | 20.1 | 16.6 | 2.54 | 1.96 | 3.49% | 9.7% |
| Basic Materials | 2.0% | 17.5 | 13.0 | 2.82 | 3.55 | 2.40% | 20.3% |
GINX earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How GINX weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
GINX largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| DVYE | iShares Emerging Markets Dividend ETF | 3.05% | — | — | — | — | — |
| DEM | WisdomTree Emerging Markets High Dividend Fund | 2.96% | — | — | — | — | — |
| IEMG | iShares Core MSCI Emerging Markets ETF | 2.88% | — | — | — | — | — |
| JPM | JPMorgan Chase & Co. | 2.75% | 14.2 | 13.5 | 4.7 | 1.94% | 5.90% |
| STT | State Street Corporation | 2.68% | 13.5 | 11.9 | 2.9 | 2.22% | 6.04% |
| CL | Colgate-Palmolive Company | 1.98% | 37.1 | 21.0 | 3.6 | 2.25% | 1.63% |
| BBVA | Banco Bilbao Vizcaya Argentaria, S.A. | 1.93% | 11.7 | 11.9 | 4.1 | 4.19% | 5.01% |
| PEP | PepsiCo, Inc. | 1.91% | 16.5 | 14.9 | 1.8 | 4.50% | 3.53% |
| BAC | Bank of America Corporation | 1.91% | 12.2 | 10.8 | 3.1 | 2.50% | 4.76% |
| BNPQY | BNP Paribas SA ADR | 1.89% | — | — | — | — | — |
| CMI | Cummins Inc. | 1.84% | 27.2 | 15.4 | 2.1 | 1.66% | 2.07% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 1.82% | 26.7 | 21.4 | 0.4 | 0.91% | 2.08% |
| LMT | Lockheed Martin Corporation | 1.76% | 20.3 | 16.2 | 1.7 | 2.61% | 2.64% |
| SU | Suncor Energy Inc | 1.74% | — | — | — | — | — |
| CNQ | Canadian Natural Resources Ltd | 1.70% | — | — | — | — | — |
| GSK | GSK plc | 1.65% | 15.6 | 9.8 | 3.0 | 3.67% | 3.23% |
| PRU | Prudential Financial, Inc. | 1.65% | 10.5 | 9.8 | 0.6 | 4.83% | 4.79% |
| E | Eni S.p.A. | 1.64% | 20.6 | 9.8 | 0.9 | 4.13% | 2.44% |
| JNJ | Johnson & Johnson | 1.61% | 38.8 | 21.0 | 6.2 | 2.10% | 1.27% |
| C | Citigroup Inc. | 1.61% | 12.1 | 10.2 | 2.5 | 2.16% | 4.06% |
| BNY | The Bank of New York Mellon Corporation | 1.56% | 15.9 | 15.0 | 4.4 | 1.55% | 3.01% |
| SYY | Sysco Corporation | 1.55% | 21.9 | 15.2 | 0.5 | 2.68% | 2.16% |
| MRK | Merck & Co., Inc. | 1.53% | 115.8 | 15.3 | 5.4 | 2.33% | 0.40% |
| EVRG | Evergy, Inc. | 1.53% | 21.2 | 19.5 | 3.2 | 3.34% | 2.20% |
| CVX | Chevron Corporation | 1.46% | 21.2 | 15.2 | 2.1 | 3.16% | 2.10% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About GINX valuation
Adding up its 64 holdings with company data, GINX trades at 18.5 times trailing earnings and 13.7 times analysts' forward estimates, with a price-to-book ratio of 2.70 and a dividend yield of 2.72%. Its earnings yield of 5.40% is 0.07 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 23.9% of the fund and earn 36.9% of its combined profit. By sector, Healthcare is the most expensive at 35.4 times earnings and Financial Services the cheapest at 12.5. Companies that lost money over the past year are 3.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 61.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: GINX chart, GINX performance, GINX holdings, GINX dividends.
GINX valuation FAQ
What is the P/E ratio of GINX?
Based on its holdings, GINX has a trailing P/E of 18.5 and a forward P/E of 13.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of GINX?
The trailing earnings yield is 5.40% (1 ÷ P/E) and the forward earnings yield 7.32%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is GINX more expensive than the S&P 500?
GINX trades at 18.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.7 and 19.9.
What is the price-to-book ratio of GINX?
The holdings of GINX trade at 2.70 times book value, with a combined return on equity of 14.6%.
Which sector in GINX has the highest P/E?
Healthcare has the highest P/E at 35.4 and Financial Services the lowest at 12.5.