GLIX vs. FUTY

Last updated Jun 5, 2026

GLIX (Lazard Listed Infrastructure ETF) and FUTY (Fidelity MSCI Utilities Index ETF) are both Utilities Equities funds. GLIX is actively managed, while FUTY is passively managed. A 0.62 correlation means they provide meaningful diversification when combined. GLIX charges 0.96%/yr vs 0.08%/yr for FUTY.

Performance

GLIX vs. FUTY - Performance Comparison

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

Returns By Period

In the year-to-date period, GLIX achieves a 10.17% return, which is significantly higher than FUTY's 3.78% return.

GLIX

• 1D: 0.79%
• 1M: -0.13%
• YTD: 10.17%
• 6M: 10.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUTY

• 1D: 0.60%
• 1M: -4.86%
• YTD: 3.78%
• 6M: 1.95%
• 1Y: 12.10%
• 3Y*: 13.73%
• 5Y*: 9.26%
• 10Y*: 9.10%

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

GLIX vs. FUTY - Yearly Performance Comparison

	2026 (YTD)	2025
GLIX Lazard Listed Infrastructure ETF	10.17%	0.49%
FUTY Fidelity MSCI Utilities Index ETF	3.78%	-4.27%

Correlation

The correlation between GLIX and FUTY is 0.62, 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 7, 2025	0.62

Return for Risk

GLIX vs. FUTY — Risk / Return Rank

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

FUTY

FUTY Risk / Return Rank: 25
FUTY Sharpe Ratio Rank: 25
FUTY Sortino Ratio Rank: 24
FUTY Omega Ratio Rank: 24
FUTY Calmar Ratio Rank: 29
FUTY Martin Ratio Rank: 24

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. FUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Listed Infrastructure ETF (GLIX) and Fidelity MSCI Utilities Index ETF (FUTY). 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	FUTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.85	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.40	0.55	+0.85

Drawdowns

GLIX vs. FUTY - Drawdown Comparison

The maximum GLIX drawdown since its inception was -7.82%, smaller than the maximum FUTY drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for GLIX and FUTY.

Drawdown Indicators

	GLIX	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	-7.82%	-36.44%	+28.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.44%	—
Current Drawdown Current decline from peak	-3.04%	-6.72%	+3.68%
Average Drawdown Average peak-to-trough decline	-2.07%	-6.03%	+3.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.98%	—

Volatility

Volatility by Period

	GLIX	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.94%	14.34%	-2.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.94%	17.08%	-5.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.94%	19.05%	-7.11%

GLIX vs. FUTY - Expense Ratio Comparison

GLIX has a 0.96% expense ratio, which is higher than FUTY's 0.08% expense ratio.

Dividends

GLIX vs. FUTY - Dividend Comparison

GLIX's dividend yield for the trailing twelve months is around 1.65%, less than FUTY's 2.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUTY Fidelity MSCI Utilities Index ETF	2.60%	2.67%	2.96%	3.31%	2.72%	2.70%	3.07%	2.82%	3.11%	3.03%	3.35%	4.33%
GLIX Lazard Listed Infrastructure ETF	1.65%	1.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GLIX and FUTY in my portfolio?

GLIX and FUTY have a correlation of 0.62, 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 FUTY?

On fees, FUTY is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLIX or FUTY?

FUTY is cheaper with a 0.08% expense ratio, compared with 0.96% for GLIX.

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

FUTY has the higher dividend yield at 2.60%, compared with 1.65% for GLIX.

What is the main difference between GLIX and FUTY?

They also come from different issuers: Lazard and Fidelity. Their fees differ too: 0.96% for GLIX and 0.08% for FUTY.