FGIYX vs. BGLYX

Last updated Jun 4, 2026

FGIYX (Nuveen Global Infrastructure Fund) and BGLYX (Brookfield Global Listed Infrastructure Fund) are both Energy Equities funds. Over the past 10 years, FGIYX returned 9.23%/yr vs 6.39%/yr for BGLYX. Their correlation of 0.93 suggests significant overlap in exposure. FGIYX charges 0.97%/yr vs 1.00%/yr for BGLYX.

Performance

FGIYX vs. BGLYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Global Infrastructure Fund (FGIYX) 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, FGIYX achieves a 10.02% return, which is significantly higher than BGLYX's 8.61% return. Over the past 10 years, FGIYX has outperformed BGLYX with an annualized return of 9.23%, while BGLYX has yielded a comparatively lower 6.39% annualized return.

FGIYX

• 1D: 1.53%
• 1M: -2.62%
• YTD: 10.02%
• 6M: 9.73%
• 1Y: 15.05%
• 3Y*: 14.69%
• 5Y*: 9.51%
• 10Y*: 9.23%

BGLYX

• 1D: 1.30%
• 1M: -3.33%
• YTD: 8.61%
• 6M: 8.20%
• 1Y: 14.02%
• 3Y*: 11.28%
• 5Y*: 6.97%
• 10Y*: 6.39%

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

FGIYX vs. BGLYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGIYX Nuveen Global Infrastructure Fund	10.02%	18.08%	10.91%	8.90%	-6.10%	14.85%	-2.55%	36.57%	-7.70%	19.64%
BGLYX Brookfield Global Listed Infrastructure Fund	8.61%	13.04%	9.01%	3.32%	-5.47%	16.13%	-3.25%	25.44%	-8.06%	10.79%

Correlation

The correlation between FGIYX and BGLYX is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Dec 2, 2011	0.93

The correlation between FGIYX and BGLYX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

FGIYX vs. BGLYX — Risk / Return Rank

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

FGIYX

FGIYX Risk / Return Rank: 31
FGIYX Sharpe Ratio Rank: 25
FGIYX Sortino Ratio Rank: 24
FGIYX Omega Ratio Rank: 24
FGIYX Calmar Ratio Rank: 42
FGIYX Martin Ratio Rank: 38

BGLYX

BGLYX Risk / Return Rank: 26
BGLYX Sharpe Ratio Rank: 21
BGLYX Sortino Ratio Rank: 20
BGLYX Omega Ratio Rank: 20
BGLYX Calmar Ratio Rank: 34
BGLYX Martin Ratio Rank: 32

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.

FGIYX vs. BGLYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Global Infrastructure Fund (FGIYX) 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.

	FGIYX	BGLYX	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.31	+0.12
Sortino ratio: Return per unit of downside risk	2.04	1.88	+0.16
Omega ratio: Gain probability vs. loss probability	1.26	1.23	+0.02
Calmar ratio: Return relative to maximum drawdown	2.47	2.19	+0.28
Martin ratio: Return relative to average drawdown	8.36	7.21	+1.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGIYX vs. BGLYX - Sharpe Ratio Comparison

The current FGIYX Sharpe Ratio is 1.43, which is comparable to the BGLYX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of FGIYX 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.

Sharpe Ratios by Period

	FGIYX	BGLYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	1.31	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.51	+0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.41	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.48	-0.03

Drawdowns

FGIYX vs. BGLYX - Drawdown Comparison

The maximum FGIYX drawdown since its inception was -49.18%, which is greater than BGLYX's maximum drawdown of -36.54%. Use the drawdown chart below to compare losses from any high point for FGIYX and BGLYX.

Drawdown Indicators

	FGIYX	BGLYX	Difference
Max Drawdown Largest peak-to-trough decline	-49.18%	-36.54%	-12.64%
Max Drawdown (1Y) Largest decline over 1 year	-5.99%	-6.32%	+0.33%
Max Drawdown (3Y) Largest decline over 3 years	-12.49%	-14.56%	+2.07%
Max Drawdown (5Y) Largest decline over 5 years	-20.92%	-20.94%	+0.02%
Max Drawdown (10Y) Largest decline over 10 years	-38.06%	-36.54%	-1.52%
Current Drawdown Current decline from peak	-3.89%	-4.48%	+0.59%
Average Drawdown Average peak-to-trough decline	-7.03%	-7.85%	+0.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	1.92%	-0.15%

Volatility

FGIYX vs. BGLYX - Volatility Comparison

Nuveen Global Infrastructure Fund (FGIYX) has a higher volatility of 3.86% compared to Brookfield Global Listed Infrastructure Fund (BGLYX) at 3.58%. This indicates that FGIYX'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

	FGIYX	BGLYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	3.58%	+0.28%
Volatility (6M) Calculated over the trailing 6-month period	8.58%	8.55%	+0.03%
Volatility (1Y) Calculated over the trailing 1-year period	10.37%	10.54%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.22%	13.60%	-0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.36%	15.64%	-0.28%

FGIYX vs. BGLYX - Expense Ratio Comparison

FGIYX has a 0.97% expense ratio, which is lower than BGLYX's 1.00% expense ratio.

Dividends

FGIYX vs. BGLYX - Dividend Comparison

FGIYX's dividend yield for the trailing twelve months is around 15.11%, less than BGLYX's 28.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGLYX Brookfield Global Listed Infrastructure Fund	28.53%	30.30%	1.89%	1.88%	7.34%	4.53%	3.71%	3.94%	4.31%	4.03%	4.09%	4.03%
FGIYX Nuveen Global Infrastructure Fund	15.11%	10.28%	7.74%	2.51%	6.41%	7.48%	1.62%	12.32%	6.62%	6.10%	8.64%	3.31%

Frequently Asked Questions

Can I hold both FGIYX and BGLYX in my portfolio?

With a correlation of 0.94, FGIYX and BGLYX 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, FGIYX or BGLYX?

FGIYX has higher volatility (3.86%) compared to BGLYX (3.58%). In terms of maximum drawdown, FGIYX dropped -49.18% vs BGLYX's -36.54%.

Which has better risk-adjusted returns?

FGIYX currently has the higher Sharpe Ratio (1.43 vs 1.31), 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.