BKGI vs. IFRA
Compare and contrast key facts about Bny Mellon Global Infrastructure Income ETF (BKGI) and iShares U.S. Infrastructure ETF (IFRA).
BKGI and IFRA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKGI is an actively managed fund by BNY Mellon. It was launched on Nov 2, 2022. IFRA is a passively managed fund by iShares that tracks the performance of the NYSE FactSet U.S. Infrastructure Index. It was launched on Apr 3, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKGI or IFRA.
Correlation
The correlation between BKGI and IFRA is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BKGI vs. IFRA - Performance Comparison
Key characteristics
BKGI:
2.19
IFRA:
0.50
BKGI:
2.72
IFRA:
0.85
BKGI:
1.42
IFRA:
1.10
BKGI:
3.24
IFRA:
0.46
BKGI:
11.44
IFRA:
1.38
BKGI:
2.93%
IFRA:
6.62%
BKGI:
15.34%
IFRA:
18.31%
BKGI:
-14.79%
IFRA:
-41.06%
BKGI:
-0.58%
IFRA:
-13.80%
Returns By Period
In the year-to-date period, BKGI achieves a 16.35% return, which is significantly higher than IFRA's -4.16% return.
BKGI
16.35%
1.92%
9.90%
30.05%
N/A
N/A
IFRA
-4.16%
-4.13%
-7.33%
7.81%
18.42%
N/A
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BKGI vs. IFRA - Expense Ratio Comparison
BKGI has a 0.65% expense ratio, which is higher than IFRA's 0.40% expense ratio.
Risk-Adjusted Performance
BKGI vs. IFRA — Risk-Adjusted Performance Rank
BKGI
IFRA
BKGI vs. IFRA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bny Mellon Global Infrastructure Income ETF (BKGI) and iShares U.S. Infrastructure ETF (IFRA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BKGI vs. IFRA - Dividend Comparison
BKGI's dividend yield for the trailing twelve months is around 3.24%, more than IFRA's 2.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
BKGI Bny Mellon Global Infrastructure Income ETF | 3.24% | 4.54% | 4.55% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% |
IFRA iShares U.S. Infrastructure ETF | 2.08% | 1.75% | 1.98% | 1.98% | 1.63% | 2.08% | 1.68% | 2.50% |
Drawdowns
BKGI vs. IFRA - Drawdown Comparison
The maximum BKGI drawdown since its inception was -14.79%, smaller than the maximum IFRA drawdown of -41.06%. Use the drawdown chart below to compare losses from any high point for BKGI and IFRA. For additional features, visit the drawdowns tool.
Volatility
BKGI vs. IFRA - Volatility Comparison
Bny Mellon Global Infrastructure Income ETF (BKGI) and iShares U.S. Infrastructure ETF (IFRA) have volatilities of 9.95% and 10.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.