GLIX vs. BILT

Last updated Jun 4, 2026

GLIX (Lazard Listed Infrastructure ETF) and BILT (iShares Infrastructure Active ETF) are both Utilities Equities funds. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. GLIX charges 0.96%/yr vs 0.60%/yr for BILT.

Performance

GLIX vs. BILT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Listed Infrastructure ETF (GLIX) and iShares Infrastructure Active ETF (BILT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLIX achieves a 9.30% return, which is significantly lower than BILT's 12.39% return.

GLIX

• 1D: 0.22%
• 1M: -0.28%
• YTD: 9.30%
• 6M: 8.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BILT

• 1D: 0.00%
• 1M: -1.24%
• YTD: 12.39%
• 6M: 11.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLIX vs. BILT - Yearly Performance Comparison

	2026 (YTD)	2025
GLIX Lazard Listed Infrastructure ETF	9.30%	0.49%
BILT iShares Infrastructure Active ETF	12.39%	-0.35%

Correlation

The correlation between GLIX and BILT is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 7, 2025	0.88

Return for Risk

GLIX vs. BILT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Listed Infrastructure ETF (GLIX) and iShares Infrastructure Active ETF (BILT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GLIX	BILT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.29	2.00	-0.70

Drawdowns

GLIX vs. BILT - Drawdown Comparison

The maximum GLIX drawdown since its inception was -7.82%, which is greater than BILT's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for GLIX and BILT.

Drawdown Indicators

	GLIX	BILT	Difference
Max Drawdown Largest peak-to-trough decline	-7.82%	-5.38%	-2.44%
Current Drawdown Current decline from peak	-3.80%	-2.36%	-1.44%
Average Drawdown Average peak-to-trough decline	-2.06%	-1.44%	-0.62%

Volatility

Volatility by Period

	GLIX	BILT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.94%	10.28%	+1.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.94%	10.28%	+1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.94%	10.28%	+1.66%

GLIX vs. BILT - Expense Ratio Comparison

GLIX has a 0.96% expense ratio, which is higher than BILT's 0.60% expense ratio.

Dividends

GLIX vs. BILT - Dividend Comparison

GLIX's dividend yield for the trailing twelve months is around 1.66%, more than BILT's 1.33% yield.

Position	TTM	2025
BILT iShares Infrastructure Active ETF	1.33%	0.99%
GLIX Lazard Listed Infrastructure ETF	1.66%	1.30%

Frequently Asked Questions

Can I hold both GLIX and BILT in my portfolio?

GLIX and BILT have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLIX or BILT?

On fees, BILT is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLIX or BILT?

BILT is cheaper with a 0.60% expense ratio, compared with 0.96% for GLIX.

Which ETF pays a higher dividend yield, GLIX or BILT?

GLIX has the higher dividend yield at 1.66%, compared with 1.33% for BILT.

What is the main difference between GLIX and BILT?

They also come from different issuers: Lazard and iShares. Their fees differ too: 0.96% for GLIX and 0.60% for BILT.