GII vs. BRLN
GII (SPDR S&P Global Infrastructure ETF) and BRLN (BlackRock Floating Rate Loan ETF) are both exchange-traded funds - GII is a Utilities Equities fund tracking the S&P Global Infrastructure, while BRLN is a Bank Loan fund actively managed by BlackRock. GII is passively managed, while BRLN is actively managed. Over the past 3 years, GII returned 15.30%/yr vs 7.18%/yr for BRLN. At a 0.15 correlation, their price movements are largely independent. GII charges 0.40%/yr vs 0.55%/yr for BRLN.
Performance
GII vs. BRLN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GII achieves a 6.75% return, which is significantly higher than BRLN's 1.14% return.
GII
- 1D
- -0.87%
- 1M
- -2.02%
- YTD
- 6.75%
- 6M
- 7.80%
- 1Y
- 13.78%
- 3Y*
- 15.30%
- 5Y*
- 9.70%
- 10Y*
- 8.22%
BRLN
- 1D
- 0.35%
- 1M
- 0.60%
- YTD
- 1.14%
- 6M
- 1.72%
- 1Y
- 4.81%
- 3Y*
- 7.18%
- 5Y*
- —
- 10Y*
- —
GII vs. BRLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GII SPDR S&P Global Infrastructure ETF | 6.75% | 21.79% | 14.30% | 5.90% | 10.01% |
BRLN BlackRock Floating Rate Loan ETF | 1.14% | 5.38% | 7.49% | 13.42% | 2.13% |
Correlation
The correlation between GII and BRLN is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2022 | 0.15 |
The correlation between GII and BRLN shifts across timeframes, from 0.01 (1 year) to 0.16 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GII vs. BRLN — Risk / Return Rank
GII
BRLN
GII vs. BRLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Infrastructure ETF (GII) and BlackRock Floating Rate Loan ETF (BRLN). 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.
| GII | BRLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.29 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 2.41 | -0.08 |
| Martin ratioReturn relative to average drawdown | 7.00 | 9.32 | -2.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GII | BRLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 1.54 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 2.16 | -1.87 |
Drawdowns
GII vs. BRLN - Drawdown Comparison
The maximum GII drawdown since its inception was -50.98%, which is greater than BRLN's maximum drawdown of -3.85%. Use the drawdown chart below to compare losses from any high point for GII and BRLN.
Loading charts...
Drawdown Indicators
| GII | BRLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.98% | -3.85% | -47.13% |
Max Drawdown (1Y)Largest decline over 1 year | -5.94% | -2.00% | -3.94% |
Max Drawdown (3Y)Largest decline over 3 years | -14.31% | -3.85% | -10.46% |
Max Drawdown (5Y)Largest decline over 5 years | -20.67% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.84% | — | — |
Current DrawdownCurrent decline from peak | -5.42% | -0.42% | -5.00% |
Average DrawdownAverage peak-to-trough decline | -11.51% | -0.31% | -11.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 0.52% | +1.45% |
Volatility
GII vs. BRLN - Volatility Comparison
SPDR S&P Global Infrastructure ETF (GII) has a higher volatility of 3.74% compared to BlackRock Floating Rate Loan ETF (BRLN) at 1.11%. This indicates that GII's price experiences larger fluctuations and is considered to be riskier than BRLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GII | BRLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 1.11% | +2.63% |
Volatility (6M)Calculated over the trailing 6-month period | 8.87% | 2.34% | +6.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.81% | 3.14% | +7.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 3.74% | +10.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.15% | 3.74% | +13.41% |
GII vs. BRLN - Expense Ratio Comparison
GII has a 0.40% expense ratio, which is lower than BRLN's 0.55% expense ratio.
Dividends
GII vs. BRLN - Dividend Comparison
GII's dividend yield for the trailing twelve months is around 2.74%, less than BRLN's 6.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRLN BlackRock Floating Rate Loan ETF | 6.37% | 6.50% | 7.87% | 9.06% | 1.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GII SPDR S&P Global Infrastructure ETF | 2.74% | 3.17% | 3.23% | 3.70% | 3.07% | 2.37% | 2.66% | 3.39% | 3.31% | 3.38% | 3.11% | 3.54% |
Frequently Asked Questions
GII and BRLN have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GII has higher volatility (3.74%) compared to BRLN (1.11%). In terms of maximum drawdown, GII dropped -50.98% vs BRLN's -3.85%.
On 3-year performance, GII leads with 15.30% vs 7.18% for BRLN. On fees, GII is cheaper at 0.40% per year. On volatility, BRLN has been the lower-risk option at 1.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GII has performed better with a 15.30% return vs 7.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GII is cheaper with a 0.40% expense ratio, compared with 0.55% for BRLN.
BRLN has the higher dividend yield at 6.37%, compared with 2.74% for GII.
GII is categorized as Utilities Equities, while BRLN is Bank Loan. They also come from different issuers: State Street and BlackRock. Their fees differ too: 0.40% for GII and 0.55% for BRLN.
BRLN currently has the higher Sharpe Ratio (1.54 vs 1.28), 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.
Find the right allocation for GII and BRLN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer