GLU vs. JXI
GLU (The Gabelli Global Utility & Income Trust) is a stock, while JXI (iShares Global Utilities ETF) is Utilities Equities fund tracking the S&P Global Utilities Index. Over the past 10 years, GLU returned 7.56%/yr vs 9.49%/yr for JXI. At a 0.41 correlation, their price movements are largely independent.
Performance
GLU vs. JXI - Performance Comparison
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Returns By Period
In the year-to-date period, GLU achieves a 0.59% return, which is significantly lower than JXI's 8.13% return. Over the past 10 years, GLU has underperformed JXI with an annualized return of 7.56%, while JXI has yielded a comparatively higher 9.49% annualized return.
GLU
- 1D
- -0.53%
- 1M
- -2.79%
- YTD
- 0.59%
- 6M
- -0.66%
- 1Y
- 18.42%
- 3Y*
- 18.50%
- 5Y*
- 5.55%
- 10Y*
- 7.56%
JXI
- 1D
- 0.36%
- 1M
- -0.79%
- YTD
- 8.13%
- 6M
- 8.57%
- 1Y
- 17.57%
- 3Y*
- 15.82%
- 5Y*
- 10.30%
- 10Y*
- 9.49%
GLU vs. JXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLU The Gabelli Global Utility & Income Trust | 0.59% | 37.93% | 23.55% | 2.07% | -28.13% | 21.19% | 4.90% | 25.26% | -19.49% | 34.92% |
JXI iShares Global Utilities ETF | 8.13% | 25.91% | 13.14% | 0.63% | -4.17% | 10.88% | 5.19% | 23.94% | 2.31% | 14.79% |
Correlation
The correlation between GLU and JXI is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2006 | 0.41 |
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Return for Risk
GLU vs. JXI — Risk / Return Rank
GLU
JXI
GLU vs. JXI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Gabelli Global Utility & Income Trust (GLU) and iShares Global Utilities ETF (JXI). 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.
| GLU | JXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.24 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 2.18 | -0.83 |
| Martin ratioReturn relative to average drawdown | 3.69 | 6.28 | -2.59 |
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Drawdowns
GLU vs. JXI - Drawdown Comparison
The maximum GLU drawdown since its inception was -50.52%, roughly equal to the maximum JXI drawdown of -50.23%. Use the drawdown chart below to compare losses from any high point for GLU and JXI.
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Drawdown Indicators
| GLU | JXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.52% | -50.23% | -0.29% |
Max Drawdown (1Y)Largest decline over 1 year | -13.73% | -8.09% | -5.64% |
Max Drawdown (3Y)Largest decline over 3 years | -18.70% | -16.29% | -2.41% |
Max Drawdown (5Y)Largest decline over 5 years | -37.60% | -22.45% | -15.15% |
Max Drawdown (10Y)Largest decline over 10 years | -46.57% | -34.20% | -12.37% |
Current DrawdownCurrent decline from peak | -11.31% | -4.87% | -6.44% |
Average DrawdownAverage peak-to-trough decline | -9.75% | -12.80% | +3.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.01% | 2.80% | +2.21% |
Volatility
GLU vs. JXI - Volatility Comparison
The Gabelli Global Utility & Income Trust (GLU) has a higher volatility of 5.03% compared to iShares Global Utilities ETF (JXI) at 4.23%. This indicates that GLU's price experiences larger fluctuations and is considered to be riskier than JXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLU | JXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.03% | 4.23% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 13.36% | 10.59% | +2.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.85% | 12.99% | +1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.19% | 15.38% | +3.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.80% | 16.98% | +4.82% |
Dividends
GLU vs. JXI - Dividend Comparison
GLU's dividend yield for the trailing twelve months is around 6.72%, more than JXI's 2.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLU The Gabelli Global Utility & Income Trust | 6.72% | 6.23% | 8.00% | 9.10% | 8.52% | 5.70% | 6.51% | 6.36% | 7.45% | 5.63% | 7.14% | 7.22% |
JXI iShares Global Utilities ETF | 2.44% | 2.56% | 3.02% | 3.58% | 3.13% | 2.78% | 2.65% | 3.43% | 3.16% | 3.62% | 4.77% | 3.78% |
Frequently Asked Questions
GLU and JXI have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLU has higher volatility (5.03%) compared to JXI (4.23%). In terms of maximum drawdown, GLU dropped -50.52% vs JXI's -50.23%.
JXI currently has the higher Sharpe Ratio (1.37 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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