GLIX vs. EMKT

Last updated Jul 15, 2026

GLIX (Lazard Listed Infrastructure ETF) and EMKT (Lazard Emerging Markets Opportunities ETF) are both exchange-traded funds - GLIX is a Utilities Equities fund actively managed by Lazard, while EMKT is a Emerging Markets Diversified fund actively managed by Lazard. Both are actively managed. At a 0.07 correlation, their price movements are largely independent. GLIX charges 0.96%/yr vs 0.74%/yr for EMKT.

Performance

GLIX vs. EMKT - Performance Comparison

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

Returns By Period

In the year-to-date period, GLIX achieves a 13.15% return, which is significantly lower than EMKT's 23.70% return.

GLIX

• 1D: 0.05%
• 1M: 1.10%
• 6M: 13.07%
• YTD: 13.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EMKT

• 1D: 1.37%
• 1M: -2.53%
• 6M: 19.09%
• YTD: 23.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLIX vs. EMKT - Yearly Performance Comparison

	2026 (YTD)	2025
GLIX Lazard Listed Infrastructure ETF	13.15%	-1.64%
EMKT Lazard Emerging Markets Opportunities ETF	23.70%	-1.26%

Correlation

The correlation between GLIX and EMKT is 0.07, 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 (All Time) Calculated using the full available price history since Oct 27, 2025	0.07

Return for Risk

GLIX vs. EMKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Listed Infrastructure ETF (GLIX) and Lazard Emerging Markets Opportunities ETF (EMKT). 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.

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

Drawdowns

GLIX vs. EMKT - Drawdown Comparison

The maximum GLIX drawdown since its inception was -7.82%, smaller than the maximum EMKT drawdown of -14.21%. Use the drawdown chart below to compare losses from any high point for GLIX and EMKT.

Drawdown Indicators

	GLIX	EMKT	Difference
Max Drawdown Largest peak-to-trough decline	-7.82%	-14.21%	+6.39%
Current Drawdown Current decline from peak	-0.67%	-6.90%	+6.23%
Average Drawdown Average peak-to-trough decline	-1.97%	-3.28%	+1.31%

Volatility

Volatility by Period

	GLIX	EMKT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.00%	25.42%	-13.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.00%	25.42%	-13.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.00%	25.42%	-13.42%

GLIX vs. EMKT - Expense Ratio Comparison

GLIX has a 0.96% expense ratio, which is higher than EMKT's 0.74% expense ratio.

Dividends

GLIX vs. EMKT - Dividend Comparison

GLIX's dividend yield for the trailing twelve months is around 2.01%, more than EMKT's 0.45% yield.

Position	TTM	2025
EMKT Lazard Emerging Markets Opportunities ETF	0.45%	0.00%
GLIX Lazard Listed Infrastructure ETF	2.01%	1.30%

Frequently Asked Questions

Can I hold both GLIX and EMKT in my portfolio?

GLIX and EMKT have a correlation of 0.07, 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 EMKT?

On fees, EMKT is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLIX or EMKT?

EMKT is cheaper with a 0.74% expense ratio, compared with 0.96% for GLIX.

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

GLIX has the higher dividend yield at 2.01%, compared with 0.45% for EMKT.

What is the main difference between GLIX and EMKT?

GLIX is categorized as Utilities Equities, while EMKT is Emerging Markets Diversified. Their fees differ too: 0.96% for GLIX and 0.74% for EMKT.