GII vs. IGF
Compare and contrast key facts about SPDR S&P Global Infrastructure ETF (GII) and iShares Global Infrastructure ETF (IGF).
GII and IGF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GII is a passively managed fund by State Street that tracks the performance of the S&P Global Infrastructure. It was launched on Jan 25, 2007. IGF is a passively managed fund by iShares that tracks the performance of the S&P Global Infrastructure Index. It was launched on Dec 10, 2007. Both GII and IGF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GII or IGF.
Key characteristics
| GII | IGF | |
|---|---|---|
| YTD Return | 14.98% | 15.27% |
| 1Y Return | 23.32% | 23.50% |
| 3Y Return (Ann) | 7.36% | 6.80% |
| 5Y Return (Ann) | 5.80% | 5.47% |
| 10Y Return (Ann) | 5.54% | 5.33% |
| Sharpe Ratio | 2.23 | 2.27 |
| Sortino Ratio | 3.10 | 3.15 |
| Omega Ratio | 1.39 | 1.41 |
| Calmar Ratio | 2.57 | 2.61 |
| Martin Ratio | 12.46 | 12.42 |
| Ulcer Index | 2.15% | 2.20% |
| Daily Std Dev | 12.02% | 12.07% |
| Max Drawdown | -50.97% | -58.33% |
| Current Drawdown | -3.77% | -3.60% |
Correlation
The correlation between GII and IGF is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GII vs. IGF - Performance Comparison
The year-to-date returns for both investments are quite close, with GII having a 14.98% return and IGF slightly higher at 15.27%. Both investments have delivered pretty close results over the past 10 years, with GII having a 5.54% annualized return and IGF not far behind at 5.33%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GII vs. IGF - Expense Ratio Comparison
GII has a 0.40% expense ratio, which is lower than IGF's 0.46% expense ratio.
Risk-Adjusted Performance
GII vs. IGF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Infrastructure ETF (GII) and iShares Global Infrastructure ETF (IGF). 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.
Dividends
GII vs. IGF - Dividend Comparison
GII's dividend yield for the trailing twelve months is around 3.41%, more than IGF's 3.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GII SPDR S&P Global Infrastructure ETF | 3.41% | 3.70% | 3.07% | 3.88% | 2.66% | 3.39% | 3.31% | 3.38% | 3.11% | 3.54% | 3.12% | 4.12% |
IGF iShares Global Infrastructure ETF | 3.26% | 3.36% | 2.67% | 2.42% | 2.33% | 3.27% | 3.52% | 2.95% | 2.99% | 3.24% | 3.00% | 3.45% |
Drawdowns
GII vs. IGF - Drawdown Comparison
The maximum GII drawdown since its inception was -50.97%, smaller than the maximum IGF drawdown of -58.33%. Use the drawdown chart below to compare losses from any high point for GII and IGF. For additional features, visit the drawdowns tool.
Volatility
GII vs. IGF - Volatility Comparison
SPDR S&P Global Infrastructure ETF (GII) and iShares Global Infrastructure ETF (IGF) have volatilities of 3.70% and 3.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.