CPP.L vs. GII

Last updated Jul 21, 2026

CPP.L (CPPGroup plc) is a stock, while GII (SPDR S&P Global Infrastructure ETF) is Utilities Equities fund tracking the S&P Global Infrastructure. Over the past 10 years, CPP.L returned -28.56%/yr vs 7.83%/yr for GII. At a 0.02 correlation, their price movements are largely independent.

Performance

CPP.L vs. GII - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in CPPGroup plc (CPP.L) and SPDR S&P Global Infrastructure ETF (GII). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CPP.L is traded in GBp, while GII is traded in USD. To make them comparable, the GII values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, CPP.L achieves a -70.21% return, which is significantly lower than GII's 10.32% return. Over the past 10 years, CPP.L has underperformed GII with an annualized return of -28.56%, while GII has yielded a comparatively higher 7.83% annualized return.

CPP.L

• 1D: -20.75%
• 1M: -65.71%
• 6M: -74.23%
• YTD: -70.21%
• 1Y: -82.72%
• 3Y*: -51.54%
• 5Y*: -45.45%
• 10Y*: -28.56%
• ALL TIME*: -34.95%

GII

• 1D: -0.23%
• 1M: -1.11%
• 6M: 8.01%
• YTD: 10.32%
• 1Y: 16.11%
• 3Y*: 13.64%
• 5Y*: 11.78%
• 10Y*: 7.83%
• ALL TIME*: 7.61%

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

CPP.L vs. GII - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CPP.L CPPGroup plc	-70.21%	-36.49%	-26.97%	38.18%	-67.98%	25.60%	-17.86%	-45.47%	-49.14%	-9.48%
GII SPDR S&P Global Infrastructure ETF	10.32%	13.11%	16.30%	0.61%	11.29%	12.44%	-9.55%	21.51%	-4.75%	8.77%

Correlation

The correlation between CPP.L and GII is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	0.02
Correlation (All Time) Calculated using the full available price history since Mar 19, 2010	0.02

Return for Risk

CPP.L vs. GII — Risk / Return Rank

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

CPP.L

CPP.L Risk / Return Rank: 4
CPP.L Sharpe Ratio Rank: 5
CPP.L Sortino Ratio Rank: 4
CPP.L Omega Ratio Rank: 1
CPP.L Calmar Ratio Rank: 5
CPP.L Martin Ratio Rank: 4

GII

GII Risk / Return Rank: 62
GII Sharpe Ratio Rank: 60
GII Sortino Ratio Rank: 59
GII Omega Ratio Rank: 59
GII Calmar Ratio Rank: 74
GII Martin Ratio Rank: 59

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.

CPP.L vs. GII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CPPGroup plc (CPP.L) and SPDR S&P Global Infrastructure ETF (GII). 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.

	CPP.L	GII	Difference
Sharpe ratio: Return per unit of total volatility	-1.00	1.59	-2.58
Sortino ratio: Return per unit of downside risk	-1.88	2.22	-4.10
Omega ratio: Gain probability vs. loss probability	0.63	1.27	-0.65
Calmar ratio: Return relative to maximum drawdown	-0.95	2.98	-3.93
Martin ratio: Return relative to average drawdown	-1.60	7.52	-9.13

CPP.L vs. GII - Sharpe Ratio Comparison

The current CPP.L Sharpe Ratio is -1.00, which is lower than the GII Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of CPP.L and GII, 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

CPP.L vs. GII - Drawdown Comparison

The maximum CPP.L drawdown since its inception was -99.93%, which is greater than GII's maximum drawdown of -36.48%. Use the drawdown chart below to compare losses from any high point for CPP.L and GII.

Drawdown Indicators

	CPP.L	GII	Difference
Max Drawdown Largest peak-to-trough decline	-99.93%	-36.48%	-63.45%
Max Drawdown (1Y) Largest decline over 1 year	-87.04%	-5.43%	-81.61%
Max Drawdown (3Y) Largest decline over 3 years	-88.74%	-11.11%	-77.63%
Max Drawdown (5Y) Largest decline over 5 years	-95.48%	-17.23%	-78.25%
Max Drawdown (10Y) Largest decline over 10 years	-98.61%	-36.00%	-62.61%
Current Drawdown Current decline from peak	-99.93%	-2.96%	-96.97%
Average Drawdown Average peak-to-trough decline	-90.12%	-7.11%	-83.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	51.70%	2.15%	+49.55%

Volatility

CPP.L vs. GII - Volatility Comparison

CPPGroup plc (CPP.L) has a higher volatility of 61.06% compared to SPDR S&P Global Infrastructure ETF (GII) at 3.37%. This indicates that CPP.L's price experiences larger fluctuations and is considered to be riskier than GII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CPP.L	GII	Difference
Volatility (1M) Calculated over the trailing 1-month period	61.06%	3.37%	+57.69%
Volatility (6M) Calculated over the trailing 6-month period	81.79%	8.38%	+73.41%
Volatility (1Y) Calculated over the trailing 1-year period	83.13%	10.20%	+72.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.89%	12.30%	+46.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.87%	16.23%	+53.64%

Dividends

CPP.L vs. GII - Dividend Comparison

CPP.L has not paid dividends to shareholders, while GII's dividend yield for the trailing twelve months is around 2.66%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CPP.L CPPGroup plc	0.00%	0.00%	0.00%	0.00%	6.82%	8.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GII SPDR S&P Global Infrastructure ETF	2.66%	3.17%	3.23%	3.70%	3.07%	2.37%	2.66%	3.39%	3.31%	3.38%	3.11%	3.54%

Frequently Asked Questions

Can I hold both CPP.L and GII in my portfolio?

CPP.L and GII have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.