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GLIFX vs. VCIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GLIFX and VCIT is 0.02, 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

GLIFX vs. VCIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GLIFX:

1.34

VCIT:

1.10

Sortino Ratio

GLIFX:

1.75

VCIT:

1.56

Omega Ratio

GLIFX:

1.24

VCIT:

1.19

Calmar Ratio

GLIFX:

2.21

VCIT:

0.64

Martin Ratio

GLIFX:

5.55

VCIT:

3.58

Ulcer Index

GLIFX:

2.65%

VCIT:

1.69%

Daily Std Dev

GLIFX:

11.47%

VCIT:

5.59%

Max Drawdown

GLIFX:

-29.65%

VCIT:

-20.56%

Current Drawdown

GLIFX:

-0.22%

VCIT:

-3.08%

Returns By Period

In the year-to-date period, GLIFX achieves a 14.18% return, which is significantly higher than VCIT's 2.21% return. Over the past 10 years, GLIFX has outperformed VCIT with an annualized return of 5.92%, while VCIT has yielded a comparatively lower 2.80% annualized return.


GLIFX

YTD

14.18%

1M

4.52%

6M

12.43%

1Y

15.24%

3Y*

5.38%

5Y*

8.89%

10Y*

5.92%

VCIT

YTD

2.21%

1M

0.99%

6M

2.11%

1Y

6.09%

3Y*

3.77%

5Y*

0.80%

10Y*

2.80%

*Annualized

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GLIFX vs. VCIT - Expense Ratio Comparison

GLIFX has a 0.97% expense ratio, which is higher than VCIT's 0.04% expense ratio.


Risk-Adjusted Performance

GLIFX vs. VCIT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLIFX
The Risk-Adjusted Performance Rank of GLIFX is 8989
Overall Rank
The Sharpe Ratio Rank of GLIFX is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of GLIFX is 8787
Sortino Ratio Rank
The Omega Ratio Rank of GLIFX is 8686
Omega Ratio Rank
The Calmar Ratio Rank of GLIFX is 9494
Calmar Ratio Rank
The Martin Ratio Rank of GLIFX is 8888
Martin Ratio Rank

VCIT
The Risk-Adjusted Performance Rank of VCIT is 7979
Overall Rank
The Sharpe Ratio Rank of VCIT is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of VCIT is 8484
Sortino Ratio Rank
The Omega Ratio Rank of VCIT is 8080
Omega Ratio Rank
The Calmar Ratio Rank of VCIT is 6767
Calmar Ratio Rank
The Martin Ratio Rank of VCIT is 7878
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GLIFX vs. VCIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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.


The current GLIFX Sharpe Ratio is 1.34, which is comparable to the VCIT Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of GLIFX and VCIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

GLIFX vs. VCIT - Dividend Comparison

GLIFX's dividend yield for the trailing twelve months is around 2.43%, less than VCIT's 4.52% yield.


TTM20242023202220212020201920182017201620152014
GLIFX
Lazard Global Listed Infrastructure Portfolio Institutional Shares
2.43%3.33%2.95%5.87%4.34%2.59%4.44%5.30%1.82%2.42%8.73%7.55%
VCIT
Vanguard Intermediate-Term Corporate Bond ETF
4.52%4.43%3.72%3.04%2.88%2.78%3.37%3.61%3.21%3.29%3.34%3.34%

Drawdowns

GLIFX vs. VCIT - Drawdown Comparison

The maximum GLIFX drawdown since its inception was -29.65%, which is greater than VCIT's maximum drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for GLIFX and VCIT. For additional features, visit the drawdowns tool.


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Volatility

GLIFX vs. VCIT - Volatility Comparison

Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) has a higher volatility of 2.63% compared to Vanguard Intermediate-Term Corporate Bond ETF (VCIT) at 1.68%. This indicates that GLIFX's price experiences larger fluctuations and is considered to be riskier than VCIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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