BLRYX vs. BGLYX

Last updated Jun 24, 2026

BLRYX (Brookfield Global Listed Real Estate Fund) and BGLYX (Brookfield Global Listed Infrastructure Fund) are both mutual funds - BLRYX is a REIT fund managed by Brookfield Investment Funds, while BGLYX is a Energy Equities fund managed by Brookfield Investment Funds. Over the past 10 years, BLRYX returned 3.47%/yr vs 6.67%/yr for BGLYX. A 0.73 correlation means they provide meaningful diversification when combined. BLRYX charges 0.95%/yr vs 1.00%/yr for BGLYX.

Performance

BLRYX vs. BGLYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookfield Global Listed Real Estate Fund (BLRYX) and Brookfield Global Listed Infrastructure Fund (BGLYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLRYX achieves a 8.78% return, which is significantly lower than BGLYX's 9.79% return. Over the past 10 years, BLRYX has underperformed BGLYX with an annualized return of 3.47%, while BGLYX has yielded a comparatively higher 6.67% annualized return.

BLRYX

• 1D: 0.86%
• 1M: -0.62%
• YTD: 8.78%
• 6M: 8.96%
• 1Y: 12.02%
• 3Y*: 10.37%
• 5Y*: 0.90%
• 10Y*: 3.47%

BGLYX

• 1D: 0.32%
• 1M: -1.37%
• YTD: 9.79%
• 6M: 9.66%
• 1Y: 16.01%
• 3Y*: 11.78%
• 5Y*: 7.48%
• 10Y*: 6.67%

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

BLRYX vs. BGLYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BLRYX Brookfield Global Listed Real Estate Fund	8.78%	10.99%	1.21%	7.11%	-22.02%	23.74%	-10.36%	20.46%	-8.13%	10.20%
BGLYX Brookfield Global Listed Infrastructure Fund	9.79%	13.04%	9.01%	3.32%	-5.47%	16.13%	-3.25%	25.44%	-8.06%	10.79%

Correlation

The correlation between BLRYX and BGLYX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Dec 1, 2011	0.73

The correlation between BLRYX and BGLYX has been stable across timeframes, ranging from 0.71 to 0.76 - a consistent structural relationship.

Return for Risk

BLRYX vs. BGLYX — Risk / Return Rank

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

BLRYX

BLRYX Risk / Return Rank: 17
BLRYX Sharpe Ratio Rank: 17
BLRYX Sortino Ratio Rank: 16
BLRYX Omega Ratio Rank: 16
BLRYX Calmar Ratio Rank: 15
BLRYX Martin Ratio Rank: 20

BGLYX

BGLYX Risk / Return Rank: 39
BGLYX Sharpe Ratio Rank: 35
BGLYX Sortino Ratio Rank: 33
BGLYX Omega Ratio Rank: 33
BGLYX Calmar Ratio Rank: 54
BGLYX Martin Ratio Rank: 41

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.

BLRYX vs. BGLYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookfield Global Listed Real Estate Fund (BLRYX) and Brookfield Global Listed Infrastructure Fund (BGLYX). 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.

	BLRYX	BGLYX	Difference
Sharpe ratio: Return per unit of total volatility	1.08	1.59	-0.51
Sortino ratio: Return per unit of downside risk	1.54	2.22	-0.68
Omega ratio: Gain probability vs. loss probability	1.20	1.28	-0.09
Calmar ratio: Return relative to maximum drawdown	1.26	2.69	-1.43
Martin ratio: Return relative to average drawdown	4.70	8.22	-3.52

BLRYX vs. BGLYX - Sharpe Ratio Comparison

The current BLRYX Sharpe Ratio is 1.08, which is lower than the BGLYX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of BLRYX and BGLYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BLRYX vs. BGLYX - Drawdown Comparison

The maximum BLRYX drawdown since its inception was -43.17%, which is greater than BGLYX's maximum drawdown of -36.54%. Use the drawdown chart below to compare losses from any high point for BLRYX and BGLYX.

Drawdown Indicators

	BLRYX	BGLYX	Difference
Max Drawdown Largest peak-to-trough decline	-43.17%	-36.54%	-6.63%
Max Drawdown (1Y) Largest decline over 1 year	-10.68%	-6.32%	-4.36%
Max Drawdown (3Y) Largest decline over 3 years	-17.54%	-14.56%	-2.98%
Max Drawdown (5Y) Largest decline over 5 years	-31.85%	-20.94%	-10.91%
Max Drawdown (10Y) Largest decline over 10 years	-43.17%	-36.54%	-6.63%
Current Drawdown Current decline from peak	-2.34%	-3.45%	+1.11%
Average Drawdown Average peak-to-trough decline	-8.27%	-7.83%	-0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	2.06%	+0.79%

Volatility

BLRYX vs. BGLYX - Volatility Comparison

Brookfield Global Listed Real Estate Fund (BLRYX) has a higher volatility of 4.21% compared to Brookfield Global Listed Infrastructure Fund (BGLYX) at 3.63%. This indicates that BLRYX's price experiences larger fluctuations and is considered to be riskier than BGLYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLRYX	BGLYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	3.63%	+0.58%
Volatility (6M) Calculated over the trailing 6-month period	9.52%	8.69%	+0.83%
Volatility (1Y) Calculated over the trailing 1-year period	12.45%	10.73%	+1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.57%	13.59%	+2.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.90%	15.63%	+2.27%

BLRYX vs. BGLYX - Expense Ratio Comparison

BLRYX has a 0.95% expense ratio, which is lower than BGLYX's 1.00% expense ratio.

Dividends

BLRYX vs. BGLYX - Dividend Comparison

BLRYX's dividend yield for the trailing twelve months is around 2.17%, less than BGLYX's 28.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGLYX Brookfield Global Listed Infrastructure Fund	28.25%	30.30%	1.89%	1.88%	7.34%	4.53%	3.71%	3.94%	4.31%	4.03%	4.09%	4.03%
BLRYX Brookfield Global Listed Real Estate Fund	2.17%	2.55%	2.72%	1.86%	2.08%	2.25%	3.59%	4.91%	4.32%	3.92%	6.25%	4.08%

Frequently Asked Questions

Can I hold both BLRYX and BGLYX in my portfolio?

BLRYX and BGLYX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLRYX or BGLYX?

BLRYX has higher volatility (4.21%) compared to BGLYX (3.63%). In terms of maximum drawdown, BLRYX dropped -43.17% vs BGLYX's -36.54%.

Which has better risk-adjusted returns?

BGLYX currently has the higher Sharpe Ratio (1.59 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.