CSUAX vs. FGIAX

Last updated Jun 23, 2026

CSUAX (Cohen & Steers Global Infrastructure Fund Class A) and FGIAX (Nuveen Global Infrastructure Fund Class A) are both Global Equities funds - CSUAX tracks the FTSE Global Core Infrastructure 50/50 Index while FGIAX tracks the S&P Global Infrastructure Index NR. Both are passively managed. Over the past 10 years, CSUAX returned 7.32%/yr vs 8.47%/yr for FGIAX. Their correlation of 0.93 suggests significant overlap in exposure. CSUAX charges 1.22%/yr vs 1.21%/yr for FGIAX.

Performance

CSUAX vs. FGIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Global Infrastructure Fund Class A (CSUAX) and Nuveen Global Infrastructure Fund Class A (FGIAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSUAX achieves a 9.88% return, which is significantly lower than FGIAX's 11.17% return. Over the past 10 years, CSUAX has underperformed FGIAX with an annualized return of 7.32%, while FGIAX has yielded a comparatively higher 8.47% annualized return.

CSUAX

• 1D: 0.19%
• 1M: -1.85%
• YTD: 9.88%
• 6M: 10.52%
• 1Y: 17.84%
• 3Y*: 10.99%
• 5Y*: 7.05%
• 10Y*: 7.32%

FGIAX

• 1D: 0.31%
• 1M: -1.08%
• YTD: 11.17%
• 6M: 11.83%
• 1Y: 17.63%
• 3Y*: 14.00%
• 5Y*: 9.69%
• 10Y*: 8.47%

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

CSUAX vs. FGIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSUAX Cohen & Steers Global Infrastructure Fund Class A	9.88%	14.30%	8.30%	2.09%	-5.20%	16.24%	-1.65%	24.26%	-5.83%	17.99%
FGIAX Nuveen Global Infrastructure Fund Class A	11.17%	17.73%	10.70%	8.51%	-6.23%	14.51%	-2.76%	29.32%	-7.91%	19.40%

Correlation

The correlation between CSUAX and FGIAX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Dec 18, 2007	0.93

The correlation between CSUAX and FGIAX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

CSUAX vs. FGIAX — Risk / Return Rank

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

CSUAX

CSUAX Risk / Return Rank: 51
CSUAX Sharpe Ratio Rank: 46
CSUAX Sortino Ratio Rank: 46
CSUAX Omega Ratio Rank: 43
CSUAX Calmar Ratio Rank: 68
CSUAX Martin Ratio Rank: 50

FGIAX

FGIAX Risk / Return Rank: 45
FGIAX Sharpe Ratio Rank: 39
FGIAX Sortino Ratio Rank: 38
FGIAX Omega Ratio Rank: 38
FGIAX Calmar Ratio Rank: 64
FGIAX Martin Ratio Rank: 47

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.

CSUAX vs. FGIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Global Infrastructure Fund Class A (CSUAX) and Nuveen Global Infrastructure Fund Class A (FGIAX). 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.

	CSUAX	FGIAX	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.70	+0.15
Sortino ratio: Return per unit of downside risk	2.63	2.38	+0.25
Omega ratio: Gain probability vs. loss probability	1.33	1.30	+0.02
Calmar ratio: Return relative to maximum drawdown	3.05	2.94	+0.10
Martin ratio: Return relative to average drawdown	9.69	9.32	+0.38

CSUAX vs. FGIAX - Sharpe Ratio Comparison

The current CSUAX Sharpe Ratio is 1.85, which is comparable to the FGIAX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of CSUAX and FGIAX, 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

CSUAX vs. FGIAX - Drawdown Comparison

The maximum CSUAX drawdown since its inception was -52.20%, which is greater than FGIAX's maximum drawdown of -49.35%. Use the drawdown chart below to compare losses from any high point for CSUAX and FGIAX.

Drawdown Indicators

	CSUAX	FGIAX	Difference
Max Drawdown Largest peak-to-trough decline	-52.20%	-49.35%	-2.85%
Max Drawdown (1Y) Largest decline over 1 year	-5.99%	-6.04%	+0.05%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-12.45%	-2.50%
Max Drawdown (5Y) Largest decline over 5 years	-20.45%	-21.08%	+0.63%
Max Drawdown (10Y) Largest decline over 10 years	-35.05%	-38.02%	+2.97%
Current Drawdown Current decline from peak	-3.03%	-2.91%	-0.12%
Average Drawdown Average peak-to-trough decline	-8.43%	-7.16%	-1.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	1.90%	-0.03%

Volatility

CSUAX vs. FGIAX - Volatility Comparison

Cohen & Steers Global Infrastructure Fund Class A (CSUAX) and Nuveen Global Infrastructure Fund Class A (FGIAX) have volatilities of 3.40% and 3.35%, 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.

Volatility by Period

	CSUAX	FGIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.40%	3.35%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	7.99%	8.70%	-0.71%
Volatility (1Y) Calculated over the trailing 1-year period	9.86%	10.45%	-0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.99%	13.23%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.92%	15.22%	-0.30%

CSUAX vs. FGIAX - Expense Ratio Comparison

CSUAX has a 1.22% expense ratio, which is higher than FGIAX's 1.21% expense ratio.

Dividends

CSUAX vs. FGIAX - Dividend Comparison

CSUAX's dividend yield for the trailing twelve months is around 7.36%, less than FGIAX's 14.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSUAX Cohen & Steers Global Infrastructure Fund Class A	7.36%	8.09%	2.23%	2.17%	3.55%	2.95%	1.30%	1.52%	2.08%	5.00%	2.04%	6.20%
FGIAX Nuveen Global Infrastructure Fund Class A	14.35%	9.99%	7.46%	2.27%	6.11%	7.20%	1.38%	7.06%	6.32%	5.83%	8.23%	3.05%

Frequently Asked Questions

Can I hold both CSUAX and FGIAX in my portfolio?

With a correlation of 0.93, CSUAX and FGIAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CSUAX or FGIAX?

CSUAX has higher volatility (3.40%) compared to FGIAX (3.35%). In terms of maximum drawdown, CSUAX dropped -52.20% vs FGIAX's -49.35%.

Which has better risk-adjusted returns?

CSUAX currently has the higher Sharpe Ratio (1.85 vs 1.70), 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.