BLDX vs. GINX

Last updated Jul 28, 2026

BLDX (Impax Global Sustainable Infrastructure ETF) and GINX (SGI Enhanced Global Income ETF) are both exchange-traded funds - BLDX is a Infrastructure Equities fund actively managed by Impax Asset Management, while GINX is a Global Equities fund actively managed by Summit Global Investments. Both are actively managed. Their 0.69 correlation means they have sometimes moved together and sometimes differently. BLDX charges 0.60%/yr vs 0.98%/yr for GINX.

Performance

BLDX vs. GINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Impax Global Sustainable Infrastructure ETF (BLDX) and SGI Enhanced Global Income ETF (GINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BLDX

• 1D: -0.11%
• 1M: 0.68%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GINX

• 1D: 0.37%
• 1M: 3.70%
• 6M: 10.32%
• YTD: 15.74%
• 1Y: 27.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.36%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BLDX Impax Global Sustainable Infrastructure ETF	$75.90K	$90.31K	$290.80K
GINX SGI Enhanced Global Income ETF	$247.72K	$295.24K	$252.08K

BLDX vs. GINX - Yearly Performance Comparison

	2026 (YTD)
BLDX Impax Global Sustainable Infrastructure ETF	5.78%
GINX SGI Enhanced Global Income ETF	9.18%

Correlation

The correlation between BLDX and GINX is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026	0.69

Return for Risk

BLDX vs. GINX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLDX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GINX

GINX Risk / Return Rank: 88
GINX Sharpe Ratio Rank: 92
GINX Sortino Ratio Rank: 92
GINX Omega Ratio Rank: 89
GINX Calmar Ratio Rank: 83
GINX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLDX vs. GINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Impax Global Sustainable Infrastructure ETF (BLDX) and SGI Enhanced Global Income ETF (GINX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BLDX	GINX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.33	—
Sortino ratio: Return per unit of downside risk	—	3.31	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	3.14	—
Martin ratio: Return relative to average drawdown	—	12.17	—

Drawdowns

BLDX vs. GINX - Drawdown Comparison

The maximum BLDX drawdown since its inception was -8.26%, smaller than the maximum GINX drawdown of -12.53%. Use the drawdown chart below to compare losses from any high point for BLDX and GINX.

Drawdown Indicators

	BLDX	GINX	Difference
Max Drawdown Largest peak-to-trough decline	-8.26%	-12.53%	+4.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.91%	—
Current Drawdown Current decline from peak	-3.89%	0.00%	-3.89%
Average Drawdown Average peak-to-trough decline	-3.56%	-1.74%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.32%	—

Volatility

Volatility by Period

	BLDX	GINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.88%	12.02%	+4.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.88%	13.71%	+3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	13.71%	+3.17%

BLDX vs. GINX - Expense Ratio Comparison

BLDX has a 0.60% expense ratio, which is lower than GINX's 0.98% expense ratio.

Dividends

BLDX vs. GINX - Dividend Comparison

BLDX's dividend yield for the trailing twelve months is around 0.97%, less than GINX's 2.05% yield.

Position	TTM	2025	2024
BLDX Impax Global Sustainable Infrastructure ETF	0.97%	0.00%	0.00%
GINX SGI Enhanced Global Income ETF	2.05%	2.81%	2.97%

Frequently Asked Questions

Can I hold both BLDX and GINX in my portfolio?

BLDX and GINX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLDX or GINX?

On fees, BLDX is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLDX or GINX?

BLDX is cheaper with a 0.60% expense ratio, compared with 0.98% for GINX.

Which ETF pays a higher dividend yield, BLDX or GINX?

GINX has the higher dividend yield at 2.05%, compared with 0.97% for BLDX.

What is the main difference between BLDX and GINX?

BLDX is categorized as Infrastructure Equities, while GINX is Global Equities. They also come from different issuers: Impax Asset Management and Summit Global Investments. Their fees differ too: 0.60% for BLDX and 0.98% for GINX.