FGIYX vs. SOAEX

Last updated Jun 4, 2026

FGIYX (Nuveen Global Infrastructure Fund) and SOAEX (Spirit of America Energy Fund) are both Energy Equities funds. Over the past 10 years, FGIYX returned 9.23%/yr vs 19.61%/yr for SOAEX. A 0.56 correlation means they provide meaningful diversification when combined. FGIYX charges 0.97%/yr vs 1.50%/yr for SOAEX.

Performance

FGIYX vs. SOAEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Global Infrastructure Fund (FGIYX) and Spirit of America Energy Fund (SOAEX). 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 lower than SOAEX's 26.90% return. Over the past 10 years, FGIYX has underperformed SOAEX with an annualized return of 9.23%, while SOAEX has yielded a comparatively higher 19.61% 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%

SOAEX

• 1D: 1.65%
• 1M: -2.36%
• YTD: 26.90%
• 6M: 22.69%
• 1Y: 31.91%
• 3Y*: 22.64%
• 5Y*: 18.76%
• 10Y*: 19.61%

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

FGIYX vs. SOAEX - 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%
SOAEX Spirit of America Energy Fund	26.90%	6.05%	19.30%	13.10%	30.26%	34.19%	-34.52%	11.49%	148.45%	-3.97%

Correlation

The correlation between FGIYX and SOAEX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jul 11, 2014	0.56

The correlation between FGIYX and SOAEX shifts across timeframes, from 0.36 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FGIYX vs. SOAEX — 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

SOAEX

SOAEX Risk / Return Rank: 58
SOAEX Sharpe Ratio Rank: 53
SOAEX Sortino Ratio Rank: 46
SOAEX Omega Ratio Rank: 43
SOAEX Calmar Ratio Rank: 86
SOAEX Martin Ratio Rank: 63

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. SOAEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Global Infrastructure Fund (FGIYX) and Spirit of America Energy Fund (SOAEX). 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	SOAEX	Difference
Sharpe ratio: Return per unit of total volatility	1.43	2.14	-0.71
Sortino ratio: Return per unit of downside risk	2.04	2.86	-0.82
Omega ratio: Gain probability vs. loss probability	1.26	1.35	-0.10
Calmar ratio: Return relative to maximum drawdown	2.47	4.19	-1.72
Martin ratio: Return relative to average drawdown	8.36	12.43	-4.06
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. SOAEX - Sharpe Ratio Comparison

The current FGIYX Sharpe Ratio is 1.43, which is lower than the SOAEX Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of FGIYX and SOAEX, 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	SOAEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	2.14	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.95	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.20	+0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.13	+0.32

Drawdowns

FGIYX vs. SOAEX - Drawdown Comparison

The maximum FGIYX drawdown since its inception was -49.18%, smaller than the maximum SOAEX drawdown of -68.03%. Use the drawdown chart below to compare losses from any high point for FGIYX and SOAEX.

Drawdown Indicators

	FGIYX	SOAEX	Difference
Max Drawdown Largest peak-to-trough decline	-49.18%	-68.03%	+18.85%
Max Drawdown (1Y) Largest decline over 1 year	-5.99%	-8.03%	+2.04%
Max Drawdown (3Y) Largest decline over 3 years	-12.49%	-19.30%	+6.81%
Max Drawdown (5Y) Largest decline over 5 years	-20.92%	-20.84%	-0.08%
Max Drawdown (10Y) Largest decline over 10 years	-38.06%	-68.03%	+29.97%
Current Drawdown Current decline from peak	-3.89%	-3.25%	-0.64%
Average Drawdown Average peak-to-trough decline	-7.03%	-27.16%	+20.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	2.70%	-0.93%

Volatility

FGIYX vs. SOAEX - Volatility Comparison

The current volatility for Nuveen Global Infrastructure Fund (FGIYX) is 3.86%, while Spirit of America Energy Fund (SOAEX) has a volatility of 6.05%. This indicates that FGIYX experiences smaller price fluctuations and is considered to be less risky than SOAEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGIYX	SOAEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	6.05%	-2.19%
Volatility (6M) Calculated over the trailing 6-month period	8.58%	12.35%	-3.77%
Volatility (1Y) Calculated over the trailing 1-year period	10.37%	15.75%	-5.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.22%	19.90%	-6.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.36%	100.00%	-84.64%

FGIYX vs. SOAEX - Expense Ratio Comparison

FGIYX has a 0.97% expense ratio, which is lower than SOAEX's 1.50% expense ratio.

Dividends

FGIYX vs. SOAEX - Dividend Comparison

FGIYX's dividend yield for the trailing twelve months is around 15.11%, more than SOAEX's 11.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SOAEX Spirit of America Energy Fund	11.61%	13.91%	26.36%	24.88%	22.14%	23.25%	30.30%	20.73%	15.62%	17.90%	13.40%	14.76%

Frequently Asked Questions

Can I hold both FGIYX and SOAEX in my portfolio?

FGIYX and SOAEX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FGIYX or SOAEX?

SOAEX has higher volatility (6.05%) compared to FGIYX (3.86%). In terms of maximum drawdown, FGIYX dropped -49.18% vs SOAEX's -68.03%.

Which has better risk-adjusted returns?

SOAEX currently has the higher Sharpe Ratio (2.14 vs 1.43), 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.