GLIX vs. TEKY

Last updated Jul 15, 2026

GLIX (Lazard Listed Infrastructure ETF) and TEKY (Lazard Next Gen Technologies ETF) are both exchange-traded funds - GLIX is a Utilities Equities fund actively managed by Lazard, while TEKY is a Technology Equities fund actively managed by Lazard. Both are actively managed. At a correlation of -0.12, they often move in opposite directions. GLIX charges 0.96%/yr vs 0.50%/yr for TEKY.

Performance

GLIX vs. TEKY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Listed Infrastructure ETF (GLIX) and Lazard Next Gen Technologies ETF (TEKY). 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 TEKY's 19.84% return.

GLIX

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

TEKY

• 1D: 2.05%
• 1M: 0.06%
• 6M: 17.80%
• YTD: 19.84%
• 1Y: 31.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLIX vs. TEKY - Yearly Performance Comparison

	2026 (YTD)	2025
GLIX Lazard Listed Infrastructure ETF	13.15%	0.49%
TEKY Lazard Next Gen Technologies ETF	19.84%	-3.44%

Correlation

The correlation between GLIX and TEKY is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	-0.12

Return for Risk

GLIX vs. TEKY — 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.

TEKY

TEKY Risk / Return Rank: 38
TEKY Sharpe Ratio Rank: 41
TEKY Sortino Ratio Rank: 39
TEKY Omega Ratio Rank: 40
TEKY Calmar Ratio Rank: 36
TEKY Martin Ratio Rank: 33

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. TEKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Listed Infrastructure ETF (GLIX) and Lazard Next Gen Technologies ETF (TEKY). 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	TEKY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.20	—
Sortino ratio: Return per unit of downside risk	—	1.67	—
Omega ratio: Gain probability vs. loss probability	—	1.21	—
Calmar ratio: Return relative to maximum drawdown	—	1.47	—
Martin ratio: Return relative to average drawdown	—	3.98	—

Drawdowns

GLIX vs. TEKY - Drawdown Comparison

The maximum GLIX drawdown since its inception was -7.82%, smaller than the maximum TEKY drawdown of -21.43%. Use the drawdown chart below to compare losses from any high point for GLIX and TEKY.

Drawdown Indicators

	GLIX	TEKY	Difference
Max Drawdown Largest peak-to-trough decline	-7.82%	-21.43%	+13.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-21.43%	—
Current Drawdown Current decline from peak	-0.67%	-5.79%	+5.12%
Average Drawdown Average peak-to-trough decline	-1.97%	-4.81%	+2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.92%	—

Volatility

Volatility by Period

	GLIX	TEKY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.00%	26.42%	-14.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.00%	27.28%	-15.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.00%	27.28%	-15.28%

GLIX vs. TEKY - Expense Ratio Comparison

GLIX has a 0.96% expense ratio, which is higher than TEKY's 0.50% expense ratio.

Dividends

GLIX vs. TEKY - Dividend Comparison

GLIX's dividend yield for the trailing twelve months is around 2.01%, more than TEKY's 0.17% yield.

Position	TTM	2025
GLIX Lazard Listed Infrastructure ETF	2.01%	1.30%
TEKY Lazard Next Gen Technologies ETF	0.17%	0.05%

Frequently Asked Questions

Can I hold both GLIX and TEKY in my portfolio?

GLIX and TEKY have a correlation of -0.12, 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 TEKY?

On fees, TEKY is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLIX or TEKY?

TEKY is cheaper with a 0.50% expense ratio, compared with 0.96% for GLIX.

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

GLIX has the higher dividend yield at 2.01%, compared with 0.17% for TEKY.

What is the main difference between GLIX and TEKY?

GLIX is categorized as Utilities Equities, while TEKY is Technology Equities. Their fees differ too: 0.96% for GLIX and 0.50% for TEKY.