GLIN.AX vs. IOO.AX
GLIN.AX (iShares Core FTSE Global Infrastructure (AUD Hedged) ETF) and IOO.AX (iShares Global 100 ETF (AU)) are both Global Equities funds from iShares - GLIN.AX tracks the iShares Core FTSE Global Infrastructure (AUD Hedged) Index while IOO.AX tracks the iShares Global 100 Index. Both are passively managed. Over the past 3 years, GLIN.AX returned 12.07%/yr vs 22.02%/yr for IOO.AX. At a 0.01 correlation, their price movements are largely independent.
Performance
GLIN.AX vs. IOO.AX - Performance Comparison
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Returns By Period
In the year-to-date period, GLIN.AX achieves a 12.44% return, which is significantly higher than IOO.AX's 6.22% return.
GLIN.AX
- 1D
- -0.77%
- 1M
- 0.78%
- 6M
- 12.69%
- YTD
- 12.44%
- 1Y
- 17.78%
- 3Y*
- 12.07%
- 5Y*
- —
- 10Y*
- —
IOO.AX
- 1D
- 0.78%
- 1M
- 2.15%
- 6M
- 5.15%
- YTD
- 6.22%
- 1Y
- 20.46%
- 3Y*
- 22.02%
- 5Y*
- 17.16%
- 10Y*
- 26.65%
GLIN.AX vs. IOO.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GLIN.AX iShares Core FTSE Global Infrastructure (AUD Hedged) ETF | 12.44% | 12.04% | 12.01% | 0.06% |
IOO.AX iShares Global 100 ETF (AU) | 6.22% | 17.51% | 38.35% | 9.22% |
Correlation
The correlation between GLIN.AX and IOO.AX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since May 19, 2023 | 0.01 |
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Return for Risk
GLIN.AX vs. IOO.AX — Risk / Return Rank
GLIN.AX
IOO.AX
GLIN.AX vs. IOO.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core FTSE Global Infrastructure (AUD Hedged) ETF (GLIN.AX) and iShares Global 100 ETF (AU) (IOO.AX). 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.
| GLIN.AX | IOO.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.30 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 1.57 | +1.61 |
| Martin ratioReturn relative to average drawdown | 9.92 | 4.45 | +5.47 |
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Drawdowns
GLIN.AX vs. IOO.AX - Drawdown Comparison
The maximum GLIN.AX drawdown since its inception was -12.66%, smaller than the maximum IOO.AX drawdown of -31.99%. Use the drawdown chart below to compare losses from any high point for GLIN.AX and IOO.AX.
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Drawdown Indicators
| GLIN.AX | IOO.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.66% | -31.99% | +19.33% |
Max Drawdown (1Y)Largest decline over 1 year | -5.76% | -12.31% | +6.55% |
Max Drawdown (3Y)Largest decline over 3 years | -12.66% | -16.21% | +3.55% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.18% | — |
Current DrawdownCurrent decline from peak | -1.16% | 0.00% | -1.16% |
Average DrawdownAverage peak-to-trough decline | -2.24% | -6.80% | +4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 4.44% | -2.57% |
Volatility
GLIN.AX vs. IOO.AX - Volatility Comparison
The current volatility for iShares Core FTSE Global Infrastructure (AUD Hedged) ETF (GLIN.AX) is 3.15%, while iShares Global 100 ETF (AU) (IOO.AX) has a volatility of 3.74%. This indicates that GLIN.AX experiences smaller price fluctuations and is considered to be less risky than IOO.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLIN.AX | IOO.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.15% | 3.74% | -0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 8.80% | 9.22% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.72% | 12.07% | -1.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.33% | 13.90% | -1.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.33% | 34.54% | -22.21% |
Dividends
GLIN.AX vs. IOO.AX - Dividend Comparison
GLIN.AX's dividend yield for the trailing twelve months is around 5.93%, more than IOO.AX's 0.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLIN.AX iShares Core FTSE Global Infrastructure (AUD Hedged) ETF | 5.93% | 2.94% | 2.60% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IOO.AX iShares Global 100 ETF (AU) | 0.92% | 0.77% | 0.51% | 1.90% | 3.18% | 1.85% | 1.89% | 3.35% | 1.22% | 6.14% | 3.68% | 5.90% |
Frequently Asked Questions
GLIN.AX and IOO.AX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLIN.AX tracks iShares Core FTSE Global Infrastructure (AUD Hedged) Index, while IOO.AX tracks iShares Global 100 Index.
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