GLIX vs. PSCU

Last updated Aug 4, 2026

GLIX (Lazard Listed Infrastructure ETF) and PSCU (Invesco S&P SmallCap Utilities & Communication Services ETF) are both exchange-traded funds - GLIX is a Infrastructure Equities fund actively managed by Lazard, while PSCU is a Utilities Equities fund tracking the S&P SmallCap 600 Capped Utilities & Communication Services Index. GLIX is actively managed, while PSCU is passively managed. Their 0.32 correlation means their historical movements had little consistent relationship. GLIX charges 0.96%/yr vs 0.29%/yr for PSCU.

Performance

GLIX vs. PSCU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Listed Infrastructure ETF (GLIX) and Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLIX achieves a 11.70% return, which is significantly lower than PSCU's 15.15% return.

GLIX

• 1D: 0.54%
• 1M: -1.72%
• 6M: 9.01%
• YTD: 11.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PSCU

• 1D: 1.86%
• 1M: 0.81%
• 6M: 13.56%
• YTD: 15.15%
• 1Y: 21.12%
• 3Y*: 7.90%
• 5Y*: 1.05%
• 10Y*: 5.74%
• ALL TIME*: 8.75%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GLIX Lazard Listed Infrastructure ETF	$121.92K	$896.68K	$440.15K
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF	$63.29K	$82.57K	$74.54K

GLIX vs. PSCU - Yearly Performance Comparison

	2026 (YTD)	2025
GLIX Lazard Listed Infrastructure ETF	11.70%	0.49%
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF	15.15%	-0.37%

Correlation

The correlation between GLIX and PSCU is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.32

Return for Risk

GLIX vs. PSCU — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

PSCU

PSCU Risk / Return Rank: 51
PSCU Sharpe Ratio Rank: 48
PSCU Sortino Ratio Rank: 50
PSCU Omega Ratio Rank: 43
PSCU Calmar Ratio Rank: 64
PSCU Martin Ratio Rank: 50

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GLIX vs. PSCU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Listed Infrastructure ETF (GLIX) and Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU). 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	PSCU	Difference
Sharpe ratio: Return per unit of total volatility	—	1.36	—
Sortino ratio: Return per unit of downside risk	—	2.04	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	2.55	—
Martin ratio: Return relative to average drawdown	—	6.43	—

Drawdowns

GLIX vs. PSCU - Drawdown Comparison

The maximum GLIX drawdown since its inception was -7.82%, smaller than the maximum PSCU drawdown of -29.97%. Use the drawdown chart below to compare losses from any high point for GLIX and PSCU.

Drawdown Indicators

	GLIX	PSCU	Difference
Max Drawdown Largest peak-to-trough decline	-7.82%	-29.97%	+22.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.32%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.97%	—
Current Drawdown Current decline from peak	-1.95%	-0.99%	-0.96%
Average Drawdown Average peak-to-trough decline	-1.92%	-7.62%	+5.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.30%	—

Volatility

Volatility by Period

	GLIX	PSCU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.86%	15.60%	-3.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.86%	18.42%	-6.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.86%	19.50%	-7.64%

GLIX vs. PSCU - Expense Ratio Comparison

GLIX has a 0.96% expense ratio, which is higher than PSCU's 0.29% expense ratio.

Dividends

GLIX vs. PSCU - Dividend Comparison

GLIX's dividend yield for the trailing twelve months is around 2.03%, more than PSCU's 0.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLIX Lazard Listed Infrastructure ETF	2.03%	1.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF	0.96%	1.10%	0.98%	1.60%	1.71%	2.69%	1.20%	2.47%	2.35%	1.84%	6.93%	2.94%

Frequently Asked Questions

Can I hold both GLIX and PSCU in my portfolio?

GLIX and PSCU have a correlation of 0.32, 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 PSCU?

On fees, PSCU is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLIX or PSCU?

PSCU is cheaper with a 0.29% expense ratio, compared with 0.96% for GLIX.

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

GLIX has the higher dividend yield at 2.03%, compared with 0.96% for PSCU.

What is the main difference between GLIX and PSCU?

GLIX is categorized as Infrastructure Equities, while PSCU is Utilities Equities. They also come from different issuers: Lazard and Invesco. Their fees differ too: 0.96% for GLIX and 0.29% for PSCU.