GLIX vs. FPWR

Last updated Jun 25, 2026

GLIX (Lazard Listed Infrastructure ETF) and FPWR (First Trust EIP Power Solutions ETF) are both Utilities Equities funds. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.96% expense ratio.

Performance

GLIX vs. FPWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Listed Infrastructure ETF (GLIX) and First Trust EIP Power Solutions ETF (FPWR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLIX achieves a 12.51% return, which is significantly lower than FPWR's 14.34% return.

GLIX

• 1D: 0.58%
• 1M: 2.06%
• YTD: 12.51%
• 6M: 12.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FPWR

• 1D: 0.21%
• 1M: -0.61%
• YTD: 14.34%
• 6M: 13.89%
• 1Y: 20.70%
• 3Y*: 18.33%
• 5Y*: 12.31%
• 10Y*: —

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

GLIX vs. FPWR - Yearly Performance Comparison

	2026 (YTD)	2025
GLIX Lazard Listed Infrastructure ETF	12.51%	0.49%
FPWR First Trust EIP Power Solutions ETF	14.34%	-0.73%

Correlation

The correlation between GLIX and FPWR is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.66

Return for Risk

GLIX vs. FPWR — Risk / Return Rank

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

GLIX

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

FPWR

FPWR Risk / Return Rank: 73
FPWR Sharpe Ratio Rank: 71
FPWR Sortino Ratio Rank: 74
FPWR Omega Ratio Rank: 66
FPWR Calmar Ratio Rank: 86
FPWR Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLIX vs. FPWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Listed Infrastructure ETF (GLIX) and First Trust EIP Power Solutions ETF (FPWR). 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.

	GLIX	FPWR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.98	—
Sortino ratio: Return per unit of downside risk	—	2.86	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	4.14	—
Martin ratio: Return relative to average drawdown	—	10.41	—

Drawdowns

GLIX vs. FPWR - Drawdown Comparison

The maximum GLIX drawdown since its inception was -7.82%, smaller than the maximum FPWR drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for GLIX and FPWR.

Drawdown Indicators

	GLIX	FPWR	Difference
Max Drawdown Largest peak-to-trough decline	-7.82%	-32.28%	+24.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.88%	—
Current Drawdown Current decline from peak	-0.98%	-1.77%	+0.79%
Average Drawdown Average peak-to-trough decline	-2.05%	-4.98%	+2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.99%	—

Volatility

Volatility by Period

	GLIX	FPWR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.87%	10.53%	+1.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.87%	14.21%	-2.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.87%	17.36%	-5.49%

GLIX vs. FPWR - Expense Ratio Comparison

Both GLIX and FPWR have an expense ratio of 0.96%.

Dividends

GLIX vs. FPWR - Dividend Comparison

GLIX's dividend yield for the trailing twelve months is around 2.02%, more than FPWR's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FPWR First Trust EIP Power Solutions ETF	1.79%	1.97%	2.52%	2.54%	1.72%	1.66%	1.68%	0.71%
GLIX Lazard Listed Infrastructure ETF	2.02%	1.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GLIX and FPWR in my portfolio?

GLIX and FPWR have a correlation of 0.66, 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 FPWR?

Both ETFs have the same 0.96% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLIX or FPWR?

GLIX and FPWR have the same expense ratio: 0.96% per year.

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

GLIX has the higher dividend yield at 2.02%, compared with 1.79% for FPWR.

What is the main difference between GLIX and FPWR?

They also come from different issuers: Lazard and First Trust.