BLDX vs. INKM
BLDX (Impax Global Sustainable Infrastructure ETF) and INKM (SPDR SSgA Income Allocation ETF) are both exchange-traded funds - BLDX is a Infrastructure Equities fund actively managed by Impax Asset Management, while INKM is a Global Equities fund actively managed by State Street. Both are actively managed. Their 0.74 correlation means they have sometimes moved together and sometimes differently. BLDX charges 0.60%/yr vs 0.50%/yr for INKM.
Performance
BLDX vs. INKM - Performance Comparison
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Returns By Period
BLDX
- 1D
- -0.11%
- 1M
- 0.68%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
INKM
- 1D
- 0.12%
- 1M
- 0.24%
- 6M
- 4.23%
- YTD
- 6.66%
- 1Y
- 11.07%
- 3Y*
- 9.19%
- 5Y*
- 4.22%
- 10Y*
- 5.26%
- ALL TIME*
- 5.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $75.90K | $90.31K | $290.80K | |
| $96.88K | $95.91K | $253.71K |
BLDX vs. INKM - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BLDX Impax Global Sustainable Infrastructure ETF | 5.78% |
INKM SPDR SSgA Income Allocation ETF | 3.94% |
Correlation
The correlation between BLDX and INKM is 0.74, 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 | 0.74 |
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Return for Risk
BLDX vs. INKM — Risk / Return Rank
BLDX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
INKM
BLDX vs. INKM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Impax Global Sustainable Infrastructure ETF (BLDX) and SPDR SSgA Income Allocation ETF (INKM). 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 | INKM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.44 | — |
| Martin ratioReturn relative to average drawdown | — | 9.61 | — |
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Drawdowns
BLDX vs. INKM - Drawdown Comparison
The maximum BLDX drawdown since its inception was -8.26%, smaller than the maximum INKM drawdown of -28.58%. Use the drawdown chart below to compare losses from any high point for BLDX and INKM.
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Drawdown Indicators
| BLDX | INKM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.26% | -28.58% | +20.32% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.55% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -8.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.58% | — |
Current DrawdownCurrent decline from peak | -3.89% | -0.22% | -3.67% |
Average DrawdownAverage peak-to-trough decline | -3.56% | -3.66% | +0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.16% | — |
Volatility
BLDX vs. INKM - Volatility Comparison
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Volatility by Period
| BLDX | INKM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.66% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.88% | 6.02% | +10.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.88% | 8.30% | +8.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.88% | 9.75% | +7.13% |
BLDX vs. INKM - Expense Ratio Comparison
BLDX has a 0.60% expense ratio, which is higher than INKM's 0.50% expense ratio.
Dividends
BLDX vs. INKM - Dividend Comparison
BLDX's dividend yield for the trailing twelve months is around 0.97%, less than INKM's 4.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLDX Impax Global Sustainable Infrastructure ETF | 0.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INKM SPDR SSgA Income Allocation ETF | 4.78% | 5.82% | 4.83% | 4.56% | 5.03% | 3.74% | 3.88% | 4.38% | 4.08% | 3.10% | 3.39% | 3.45% |
Frequently Asked Questions
BLDX and INKM have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, INKM is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
INKM is cheaper with a 0.50% expense ratio, compared with 0.60% for BLDX.
INKM has the higher dividend yield at 4.78%, compared with 0.97% for BLDX.
BLDX is categorized as Infrastructure Equities, while INKM is Global Equities. They also come from different issuers: Impax Asset Management and State Street. Their fees differ too: 0.60% for BLDX and 0.50% for INKM.
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