GLFOX vs. AMZA
Compare and contrast key facts about Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) and InfraCap MLP ETF (AMZA).
GLFOX is managed by Lazard. It was launched on Dec 31, 2009. AMZA is an actively managed fund by Virtus Investment Partners. It was launched on Oct 7, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLFOX or AMZA.
Key characteristics
| GLFOX | AMZA | |
|---|---|---|
| YTD Return | 1.89% | 14.82% |
| 1Y Return | 4.98% | 40.36% |
| 3Y Return (Ann) | 7.51% | 24.96% |
| 5Y Return (Ann) | 6.64% | 5.13% |
| Sharpe Ratio | 0.59 | 2.01 |
| Daily Std Dev | 9.81% | 19.22% |
| Max Drawdown | -29.65% | -91.46% |
| Current Drawdown | -1.47% | -35.70% |
Correlation
The correlation between GLFOX and AMZA is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GLFOX vs. AMZA - Performance Comparison
In the year-to-date period, GLFOX achieves a 1.89% return, which is significantly lower than AMZA's 14.82% return. 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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GLFOX vs. AMZA - Expense Ratio Comparison
GLFOX has a 1.22% expense ratio, which is lower than AMZA's 2.01% expense ratio.
Risk-Adjusted Performance
GLFOX vs. AMZA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) and InfraCap MLP ETF (AMZA). 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
GLFOX vs. AMZA - Dividend Comparison
GLFOX's dividend yield for the trailing twelve months is around 2.80%, less than AMZA's 7.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLFOX Lazard Global Listed Infrastructure Portfolio Open Shares | 2.80% | 2.69% | 14.50% | 6.02% | 2.39% | 4.20% | 13.99% | 6.82% | 3.13% | 10.80% | 12.01% | 4.87% |
AMZA InfraCap MLP ETF | 7.50% | 9.40% | 7.65% | 10.24% | 22.13% | 19.47% | 34.46% | 24.16% | 18.36% | 18.21% | 0.00% | 0.00% |
Drawdowns
GLFOX vs. AMZA - Drawdown Comparison
The maximum GLFOX drawdown since its inception was -29.65%, smaller than the maximum AMZA drawdown of -91.46%. Use the drawdown chart below to compare losses from any high point for GLFOX and AMZA. For additional features, visit the drawdowns tool.
Volatility
GLFOX vs. AMZA - Volatility Comparison
The current volatility for Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) is 3.14%, while InfraCap MLP ETF (AMZA) has a volatility of 6.94%. This indicates that GLFOX experiences smaller price fluctuations and is considered to be less risky than AMZA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.