FPWR vs. GLIX

Last updated Jun 14, 2026

FPWR (First Trust EIP Power Solutions ETF) and GLIX (Lazard Listed Infrastructure ETF) are both Utilities Equities funds. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. Both charge a 0.96% expense ratio.

Performance

FPWR vs. GLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust EIP Power Solutions ETF (FPWR) and Lazard Listed Infrastructure ETF (GLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FPWR achieves a 12.90% return, which is significantly higher than GLIX's 11.92% return.

FPWR

• 1D: 0.53%
• 1M: 0.56%
• YTD: 12.90%
• 6M: 12.93%
• 1Y: 20.28%
• 3Y*: 17.01%
• 5Y*: 11.64%
• 10Y*: —

GLIX

• 1D: 0.18%
• 1M: 4.25%
• YTD: 11.92%
• 6M: 12.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FPWR vs. GLIX - Yearly Performance Comparison

	2026 (YTD)	2025
FPWR First Trust EIP Power Solutions ETF	12.90%	-0.73%
GLIX Lazard Listed Infrastructure ETF	11.92%	0.49%

Correlation

The correlation between FPWR and GLIX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.65

Return for Risk

FPWR vs. GLIX — Risk / Return Rank

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

FPWR

FPWR Risk / Return Rank: 67
FPWR Sharpe Ratio Rank: 63
FPWR Sortino Ratio Rank: 67
FPWR Omega Ratio Rank: 60
FPWR Calmar Ratio Rank: 82
FPWR Martin Ratio Rank: 63

GLIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

FPWR vs. GLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust EIP Power Solutions ETF (FPWR) and Lazard Listed Infrastructure ETF (GLIX). 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.

	FPWR	GLIX	Difference
Sharpe ratio: Return per unit of total volatility	1.88	—	—
Sortino ratio: Return per unit of downside risk	2.74	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	3.93	—	—
Martin ratio: Return relative to average drawdown	10.17	—	—

Drawdowns

FPWR vs. GLIX - Drawdown Comparison

The maximum FPWR drawdown since its inception was -32.28%, which is greater than GLIX's maximum drawdown of -7.82%. Use the drawdown chart below to compare losses from any high point for FPWR and GLIX.

Drawdown Indicators

	FPWR	GLIX	Difference
Max Drawdown Largest peak-to-trough decline	-32.28%	-7.82%	-24.46%
Max Drawdown (1Y) Largest decline over 1 year	-5.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.68%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.88%	—	—
Current Drawdown Current decline from peak	-3.00%	-1.50%	-1.50%
Average Drawdown Average peak-to-trough decline	-4.98%	-2.05%	-2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	—	—

Volatility

Volatility by Period

	FPWR	GLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.52%	11.90%	-1.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.22%	11.90%	+2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.38%	11.90%	+5.48%

FPWR vs. GLIX - Expense Ratio Comparison

Both FPWR and GLIX have an expense ratio of 0.96%.

Dividends

FPWR vs. GLIX - Dividend Comparison

FPWR's dividend yield for the trailing twelve months is around 1.81%, more than GLIX's 1.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FPWR First Trust EIP Power Solutions ETF	1.81%	1.97%	2.52%	2.54%	1.72%	1.66%	1.68%	0.71%
GLIX Lazard Listed Infrastructure ETF	1.62%	1.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FPWR and GLIX in my portfolio?

FPWR and GLIX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FPWR or GLIX?

Both ETFs have the same 0.96% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FPWR or GLIX?

FPWR and GLIX have the same expense ratio: 0.96% per year.

Which ETF pays a higher dividend yield, FPWR or GLIX?

FPWR has the higher dividend yield at 1.81%, compared with 1.62% for GLIX.

What is the main difference between FPWR and GLIX?

They also come from different issuers: First Trust and Lazard.