GLIX vs. GII

Last updated Jun 4, 2026

GLIX (Lazard Listed Infrastructure ETF) and GII (SPDR S&P Global Infrastructure ETF) are both Utilities Equities funds. GLIX is actively managed, while GII is passively managed. A 0.68 correlation means they provide meaningful diversification when combined. GLIX charges 0.96%/yr vs 0.40%/yr for GII.

Performance

GLIX vs. GII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Listed Infrastructure ETF (GLIX) and SPDR S&P Global Infrastructure ETF (GII). 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 higher than GII's 7.74% return.

GLIX

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

GII

• 1D: -0.45%
• 1M: -2.07%
• YTD: 7.74%
• 6M: 7.63%
• 1Y: 14.97%
• 3Y*: 15.77%
• 5Y*: 10.11%
• 10Y*: 8.22%

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

GLIX vs. GII - Yearly Performance Comparison

	2026 (YTD)	2025
GLIX Lazard Listed Infrastructure ETF	9.30%	0.49%
GII SPDR S&P Global Infrastructure ETF	7.74%	1.28%

Correlation

The correlation between GLIX and GII is 0.68, 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	0.68

Return for Risk

GLIX vs. GII — Risk / Return Rank

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

GII

GII Risk / Return Rank: 42
GII Sharpe Ratio Rank: 38
GII Sortino Ratio Rank: 37
GII Omega Ratio Rank: 38
GII Calmar Ratio Rank: 51
GII Martin Ratio Rank: 47

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. GII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Listed Infrastructure ETF (GLIX) and SPDR S&P Global Infrastructure ETF (GII). 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	GII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.40	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.29	0.28	+1.01

Drawdowns

GLIX vs. GII - Drawdown Comparison

The maximum GLIX drawdown since its inception was -7.82%, smaller than the maximum GII drawdown of -50.98%. Use the drawdown chart below to compare losses from any high point for GLIX and GII.

Drawdown Indicators

	GLIX	GII	Difference
Max Drawdown Largest peak-to-trough decline	-7.82%	-50.98%	+43.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.94%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.84%	—
Current Drawdown Current decline from peak	-3.80%	-4.55%	+0.75%
Average Drawdown Average peak-to-trough decline	-2.06%	-11.52%	+9.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.90%	—

Volatility

Volatility by Period

	GLIX	GII	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.94%	10.74%	+1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.94%	14.11%	-2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.94%	17.14%	-5.20%

GLIX vs. GII - Expense Ratio Comparison

GLIX has a 0.96% expense ratio, which is higher than GII's 0.40% expense ratio.

Dividends

GLIX vs. GII - Dividend Comparison

GLIX's dividend yield for the trailing twelve months is around 1.66%, less than GII's 2.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GII SPDR S&P Global Infrastructure ETF	2.72%	3.17%	3.23%	3.70%	3.07%	2.37%	2.66%	3.39%	3.31%	3.38%	3.11%	3.54%
GLIX Lazard Listed Infrastructure ETF	1.66%	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 GII in my portfolio?

GLIX and GII have a correlation of 0.68, 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 GII?

On fees, GII is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLIX or GII?

GII is cheaper with a 0.40% expense ratio, compared with 0.96% for GLIX.

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

GII has the higher dividend yield at 2.72%, compared with 1.66% for GLIX.

What is the main difference between GLIX and GII?

They also come from different issuers: Lazard and State Street. Their fees differ too: 0.96% for GLIX and 0.40% for GII.