GLIFX vs. JEEIX

Last updated Aug 5, 2026

GLIFX (Lazard Global Listed Infrastructure Portfolio Institutional Shares) and JEEIX (JHancock Infrastructure Fund) are both Infrastructure Equities funds. Over the past 10 years, GLIFX returned 9.95%/yr vs 8.99%/yr for JEEIX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. GLIFX charges 0.97%/yr vs 0.95%/yr for JEEIX.

Performance

GLIFX vs. JEEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) and JHancock Infrastructure Fund (JEEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLIFX achieves a 7.62% return, which is significantly lower than JEEIX's 12.08% return. Over the past 10 years, GLIFX has outperformed JEEIX with an annualized return of 9.95%, while JEEIX has yielded a comparatively lower 8.99% annualized return.

GLIFX

• 1D: 0.37%
• 1M: -1.19%
• 6M: 3.58%
• YTD: 7.62%
• 1Y: 13.37%
• 3Y*: 14.56%
• 5Y*: 10.84%
• 10Y*: 9.95%
• ALL TIME*: 10.84%

JEEIX

• 1D: -0.25%
• 1M: -0.15%
• 6M: 4.64%
• YTD: 12.08%
• 1Y: 19.02%
• 3Y*: 19.01%
• 5Y*: 9.30%
• 10Y*: 8.99%
• ALL TIME*: 8.51%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GLIFX Lazard Global Listed Infrastructure Portfolio Institutional Shares	$0.00	$0.00	$0.00
JEEIX JHancock Infrastructure Fund	$0.00	$0.00	$0.00

GLIFX vs. JEEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLIFX Lazard Global Listed Infrastructure Portfolio Institutional Shares	7.62%	23.85%	6.71%	10.89%	-1.33%	19.91%	-4.51%	22.27%	-3.82%	20.77%
JEEIX JHancock Infrastructure Fund	12.08%	25.51%	13.24%	4.74%	-8.48%	13.97%	2.53%	23.46%	-1.43%	17.09%

Correlation

The correlation between GLIFX and JEEIX is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.70
Correlation (3Y) Balances recent behavior with more history.	0.74
Correlation (5Y) Shows whether the relationship held over a longer period.	0.76
Correlation (10Y) Provides a long-term view across more market conditions.	0.74
Correlation (All Time) Calculated using the full available price history since Dec 24, 2013	0.75

The correlation between GLIFX and JEEIX has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.

Return for Risk

GLIFX vs. JEEIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GLIFX

GLIFX Risk / Return Rank: 36
GLIFX Sharpe Ratio Rank: 40
GLIFX Sortino Ratio Rank: 36
GLIFX Omega Ratio Rank: 39
GLIFX Calmar Ratio Rank: 35
GLIFX Martin Ratio Rank: 28

JEEIX

JEEIX Risk / Return Rank: 75
JEEIX Sharpe Ratio Rank: 82
JEEIX Sortino Ratio Rank: 82
JEEIX Omega Ratio Rank: 77
JEEIX Calmar Ratio Rank: 84
JEEIX Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GLIFX vs. JEEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) and JHancock Infrastructure Fund (JEEIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GLIFX	JEEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.33	2.03	-0.70
Sortino ratio: Return per unit of downside risk	1.84	2.91	-1.08
Omega ratio: Gain probability vs. loss probability	1.24	1.37	-0.12
Calmar ratio: Return relative to maximum drawdown	1.61	3.09	-1.48
Martin ratio: Return relative to average drawdown	4.34	7.84	-3.50

GLIFX vs. JEEIX - Sharpe Ratio Comparison

The current GLIFX Sharpe Ratio is 1.33, which is lower than the JEEIX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of GLIFX and JEEIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GLIFX vs. JEEIX - Drawdown Comparison

The maximum GLIFX drawdown since its inception was -29.65%, roughly equal to the maximum JEEIX drawdown of -30.39%. Use the drawdown chart below to compare losses from any high point for GLIFX and JEEIX.

Drawdown Indicators

	GLIFX	JEEIX	Difference
Max Drawdown Largest peak-to-trough decline	-29.65%	-30.39%	+0.74%
Max Drawdown (1Y) Largest decline over 1 year	-9.00%	-6.56%	-2.44%
Max Drawdown (3Y) Largest decline over 3 years	-9.00%	-8.78%	-0.22%
Max Drawdown (5Y) Largest decline over 5 years	-17.15%	-22.02%	+4.87%
Max Drawdown (10Y) Largest decline over 10 years	-29.65%	-30.39%	+0.74%
Current Drawdown Current decline from peak	-5.53%	-3.65%	-1.88%
Average Drawdown Average peak-to-trough decline	-3.38%	-4.44%	+1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	2.58%	+0.75%

Volatility

GLIFX vs. JEEIX - Volatility Comparison

Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) has a higher volatility of 2.38% compared to JHancock Infrastructure Fund (JEEIX) at 2.20%. This indicates that GLIFX's price experiences larger fluctuations and is considered to be riskier than JEEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLIFX	JEEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.38%	2.20%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	9.47%	8.00%	+1.47%
Volatility (1Y) Calculated over the trailing 1-year period	10.89%	10.00%	+0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.01%	12.84%	-1.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.18%	14.10%	-0.92%

GLIFX vs. JEEIX - Expense Ratio Comparison

GLIFX has a 0.97% expense ratio, which is higher than JEEIX's 0.95% expense ratio.

Dividends

GLIFX vs. JEEIX - Dividend Comparison

GLIFX's dividend yield for the trailing twelve months is around 7.29%, more than JEEIX's 1.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLIFX Lazard Global Listed Infrastructure Portfolio Institutional Shares	7.29%	6.22%	4.26%	2.95%	14.81%	6.21%	2.59%	4.44%	14.29%	6.94%	1.91%	11.33%
JEEIX JHancock Infrastructure Fund	1.85%	2.37%	2.48%	2.25%	1.93%	6.70%	2.24%	4.69%	4.25%	2.29%	2.27%	1.42%

Frequently Asked Questions

Can I hold both GLIFX and JEEIX in my portfolio?

GLIFX and JEEIX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLIFX or JEEIX?

GLIFX has higher volatility (2.38%) compared to JEEIX (2.20%). In terms of maximum drawdown, GLIFX dropped -29.65% vs JEEIX's -30.39%.

Which has better risk-adjusted returns?

JEEIX currently has the higher Sharpe Ratio (2.03 vs 1.33), 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.