GLU vs. JXI
Compare and contrast key facts about The Gabelli Global Utility & Income Trust (GLU) and iShares Global Utilities ETF (JXI).
JXI is a passively managed fund by iShares that tracks the performance of the S&P Global Utilities Index. It was launched on Sep 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLU or JXI.
Correlation
The correlation between GLU and JXI is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GLU vs. JXI - Performance Comparison
Key characteristics
GLU:
1.12
JXI:
1.47
GLU:
1.56
JXI:
1.96
GLU:
1.22
JXI:
1.27
GLU:
0.96
JXI:
2.15
GLU:
4.27
JXI:
5.27
GLU:
5.39%
JXI:
4.26%
GLU:
20.54%
JXI:
15.26%
GLU:
-50.52%
JXI:
-50.23%
GLU:
-4.54%
JXI:
-0.30%
Returns By Period
The year-to-date returns for both investments are quite close, with GLU having a 9.68% return and JXI slightly higher at 9.87%. Over the past 10 years, GLU has underperformed JXI with an annualized return of 5.28%, while JXI has yielded a comparatively higher 7.54% annualized return.
GLU
9.68%
-0.65%
2.69%
23.22%
9.52%
5.28%
JXI
9.87%
3.80%
3.19%
23.00%
9.30%
7.54%
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Risk-Adjusted Performance
GLU vs. JXI — Risk-Adjusted Performance Rank
GLU
JXI
GLU vs. JXI - Risk-Adjusted Performance 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.
Dividends
GLU vs. JXI - Dividend Comparison
GLU's dividend yield for the trailing twelve months is around 7.49%, more than JXI's 2.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLU The Gabelli Global Utility & Income Trust | 7.49% | 8.00% | 9.10% | 8.52% | 5.70% | 6.51% | 6.36% | 7.45% | 5.63% | 7.14% | 7.22% | 6.17% |
JXI iShares Global Utilities ETF | 2.75% | 3.02% | 3.58% | 3.13% | 2.78% | 2.65% | 3.43% | 3.16% | 3.62% | 4.77% | 3.78% | 3.55% |
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. For additional features, visit the drawdowns tool.
Volatility
GLU vs. JXI - Volatility Comparison
The Gabelli Global Utility & Income Trust (GLU) has a higher volatility of 11.57% compared to iShares Global Utilities ETF (JXI) at 8.36%. 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.