GGINX vs. BGLYX

Last updated Jun 3, 2026

GGINX (Goldman Sachs Global Infrastructure Fund) and BGLYX (Brookfield Global Listed Infrastructure Fund) are both Energy Equities funds. Over the past 5 years, GGINX returned 10.30%/yr vs 6.65%/yr for BGLYX. Their correlation of 0.94 suggests significant overlap in exposure. GGINX charges 1.10%/yr vs 1.00%/yr for BGLYX.

Performance

GGINX vs. BGLYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Global Infrastructure Fund (GGINX) 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, GGINX achieves a 9.47% return, which is significantly higher than BGLYX's 7.22% return.

GGINX

• 1D: -0.91%
• 1M: -3.89%
• YTD: 9.47%
• 6M: 10.35%
• 1Y: 12.01%
• 3Y*: 19.40%
• 5Y*: 10.30%
• 10Y*: —

BGLYX

• 1D: -1.28%
• 1M: -4.94%
• YTD: 7.22%
• 6M: 7.10%
• 1Y: 12.33%
• 3Y*: 10.80%
• 5Y*: 6.65%
• 10Y*: 6.25%

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

GGINX vs. BGLYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGINX Goldman Sachs Global Infrastructure Fund	9.47%	15.18%	28.43%	5.00%	-8.51%	16.49%	-3.81%	31.50%	-8.99%	11.75%
BGLYX Brookfield Global Listed Infrastructure Fund	7.22%	13.04%	9.01%	3.32%	-5.47%	16.13%	-3.25%	25.44%	-8.06%	10.15%

Correlation

The correlation between GGINX and BGLYX is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.94

The correlation between GGINX and BGLYX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

GGINX vs. BGLYX — Risk / Return Rank

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

GGINX

GGINX Risk / Return Rank: 25
GGINX Sharpe Ratio Rank: 18
GGINX Sortino Ratio Rank: 18
GGINX Omega Ratio Rank: 16
GGINX Calmar Ratio Rank: 42
GGINX Martin Ratio Rank: 33

BGLYX

BGLYX Risk / Return Rank: 23
BGLYX Sharpe Ratio Rank: 18
BGLYX Sortino Ratio Rank: 17
BGLYX Omega Ratio Rank: 17
BGLYX Calmar Ratio Rank: 32
BGLYX Martin Ratio Rank: 30

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.

GGINX vs. BGLYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Global Infrastructure Fund (GGINX) 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.

	GGINX	BGLYX	Difference
Sharpe ratio Return per unit of total volatility	1.23	1.23	0.00
Sortino ratio Return per unit of downside risk	1.79	1.76	+0.03
Omega ratio Gain probability vs. loss probability	1.21	1.22	-0.01
Calmar ratio Return relative to maximum drawdown	2.50	2.14	+0.36
Martin ratio Return relative to average drawdown	7.54	7.12	+0.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGINX vs. BGLYX - Sharpe Ratio Comparison

The current GGINX Sharpe Ratio is 1.23, which is comparable to the BGLYX Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of GGINX 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

	GGINX	BGLYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	1.23	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.49	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.47	+0.03

Drawdowns

GGINX vs. BGLYX - Drawdown Comparison

The maximum GGINX drawdown since its inception was -35.80%, roughly equal to the maximum BGLYX drawdown of -36.54%. Use the drawdown chart below to compare losses from any high point for GGINX and BGLYX.

Drawdown Indicators

	GGINX	BGLYX	Difference
Max Drawdown Largest peak-to-trough decline	-35.80%	-36.54%	+0.74%
Max Drawdown (1Y) Largest decline over 1 year	-5.59%	-6.32%	+0.73%
Max Drawdown (3Y) Largest decline over 3 years	-15.39%	-14.56%	-0.83%
Max Drawdown (5Y) Largest decline over 5 years	-24.21%	-20.94%	-3.27%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.54%	—
Current Drawdown Current decline from peak	-4.82%	-5.70%	+0.88%
Average Drawdown Average peak-to-trough decline	-5.90%	-7.85%	+1.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	1.90%	-0.05%

Volatility

GGINX vs. BGLYX - Volatility Comparison

Goldman Sachs Global Infrastructure Fund (GGINX) has a higher volatility of 3.48% compared to Brookfield Global Listed Infrastructure Fund (BGLYX) at 3.25%. This indicates that GGINX'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

	GGINX	BGLYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.48%	3.25%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	8.55%	8.47%	+0.08%
Volatility (1Y) Calculated over the trailing 1-year period	10.70%	10.48%	+0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.71%	13.59%	+6.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.00%	15.64%	+3.36%

GGINX vs. BGLYX - Expense Ratio Comparison

GGINX has a 1.10% expense ratio, which is higher than BGLYX's 1.00% expense ratio.

Dividends

GGINX vs. BGLYX - Dividend Comparison

GGINX's dividend yield for the trailing twelve months is around 6.12%, less than BGLYX's 28.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGLYX Brookfield Global Listed Infrastructure Fund	28.90%	30.30%	1.89%	1.88%	7.34%	4.53%	3.71%	3.94%	4.31%	4.03%	4.09%	4.03%
GGINX Goldman Sachs Global Infrastructure Fund	6.12%	6.26%	30.25%	2.67%	0.89%	1.86%	1.75%	2.04%	1.98%	2.53%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GGINX and BGLYX in my portfolio?

With a correlation of 0.90, GGINX 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, GGINX or BGLYX?

GGINX has higher volatility (3.48%) compared to BGLYX (3.25%). In terms of maximum drawdown, GGINX dropped -35.80% vs BGLYX's -36.54%.

Which has better risk-adjusted returns?

GGINX currently has the higher Sharpe Ratio (1.23 vs 1.23), 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.