GLFOX vs. IFRA
Compare and contrast key facts about Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) and iShares U.S. Infrastructure ETF (IFRA).
GLFOX is managed by Lazard. It was launched on Dec 31, 2009. IFRA is a passively managed fund by iShares that tracks the performance of the NYSE FactSet U.S. Infrastructure Index. It was launched on Apr 3, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLFOX or IFRA.
Key characteristics
| GLFOX | IFRA | |
|---|---|---|
| YTD Return | 1.43% | 6.39% |
| 1Y Return | 5.27% | 18.40% |
| 3Y Return (Ann) | 7.35% | 7.73% |
| 5Y Return (Ann) | 6.55% | 11.74% |
| Sharpe Ratio | 0.57 | 1.18 |
| Daily Std Dev | 9.80% | 15.86% |
| Max Drawdown | -29.65% | -41.06% |
| Current Drawdown | -1.91% | -1.57% |
Correlation
The correlation between GLFOX and IFRA is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GLFOX vs. IFRA - Performance Comparison
In the year-to-date period, GLFOX achieves a 1.43% return, which is significantly lower than IFRA's 6.39% 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. IFRA - Expense Ratio Comparison
GLFOX has a 1.22% expense ratio, which is higher than IFRA's 0.40% expense ratio.
Risk-Adjusted Performance
GLFOX vs. IFRA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) and iShares U.S. Infrastructure ETF (IFRA). 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. IFRA - Dividend Comparison
GLFOX's dividend yield for the trailing twelve months is around 2.81%, more than IFRA's 1.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLFOX Lazard Global Listed Infrastructure Portfolio Open Shares | 2.81% | 2.69% | 14.50% | 6.02% | 2.39% | 4.20% | 13.99% | 6.82% | 3.13% | 10.80% | 12.01% | 4.87% |
IFRA iShares U.S. Infrastructure ETF | 1.83% | 1.98% | 1.98% | 1.63% | 2.08% | 1.68% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GLFOX vs. IFRA - Drawdown Comparison
The maximum GLFOX drawdown since its inception was -29.65%, smaller than the maximum IFRA drawdown of -41.06%. Use the drawdown chart below to compare losses from any high point for GLFOX and IFRA. For additional features, visit the drawdowns tool.
Volatility
GLFOX vs. IFRA - Volatility Comparison
The current volatility for Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) is 3.12%, while iShares U.S. Infrastructure ETF (IFRA) has a volatility of 3.96%. This indicates that GLFOX experiences smaller price fluctuations and is considered to be less risky than IFRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.