IGF vs. JXI
IGF (iShares Global Infrastructure ETF) and JXI (iShares Global Utilities ETF) are both exchange-traded funds - IGF is a Industrials Equities fund tracking the S&P Global Infrastructure Index (Net), while JXI is a Utilities Equities fund tracking the S&P Global Utilities Index. Both are passively managed. Over the past 10 years, IGF returned 8.79%/yr vs 9.49%/yr for JXI. Their correlation of 0.82 suggests significant overlap in exposure. IGF charges 0.39%/yr vs 0.46%/yr for JXI.
Performance
IGF vs. JXI - Performance Comparison
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Returns By Period
In the year-to-date period, IGF achieves a 9.67% return, which is significantly higher than JXI's 8.13% return. Over the past 10 years, IGF has underperformed JXI with an annualized return of 8.79%, while JXI has yielded a comparatively higher 9.49% annualized return.
IGF
- 1D
- -0.03%
- 1M
- -0.16%
- YTD
- 9.67%
- 6M
- 8.98%
- 1Y
- 17.62%
- 3Y*
- 16.78%
- 5Y*
- 10.70%
- 10Y*
- 8.79%
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%
IGF vs. JXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGF iShares Global Infrastructure ETF | 9.67% | 21.31% | 14.81% | 6.14% | -1.26% | 11.57% | -6.50% | 25.82% | -9.95% | 19.31% |
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 IGF and JXI is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2007 | 0.82 |
The correlation between IGF and JXI has been stable across timeframes, ranging from 0.78 to 0.82 - a consistent structural relationship.
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Return for Risk
IGF vs. JXI — Risk / Return Rank
IGF
JXI
IGF vs. JXI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure ETF (IGF) 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.
| IGF | JXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.24 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 2.18 | +0.83 |
| Martin ratioReturn relative to average drawdown | 8.52 | 6.28 | +2.24 |
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Drawdowns
IGF vs. JXI - Drawdown Comparison
The maximum IGF drawdown since its inception was -58.33%, which is greater than JXI's maximum drawdown of -50.23%. Use the drawdown chart below to compare losses from any high point for IGF and JXI.
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Drawdown Indicators
| IGF | JXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.33% | -50.23% | -8.10% |
Max Drawdown (1Y)Largest decline over 1 year | -5.87% | -8.09% | +2.22% |
Max Drawdown (3Y)Largest decline over 3 years | -14.28% | -16.29% | +2.01% |
Max Drawdown (5Y)Largest decline over 5 years | -20.83% | -22.45% | +1.62% |
Max Drawdown (10Y)Largest decline over 10 years | -42.11% | -34.20% | -7.91% |
Current DrawdownCurrent decline from peak | -2.99% | -4.87% | +1.88% |
Average DrawdownAverage peak-to-trough decline | -11.84% | -12.80% | +0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.80% | -0.73% |
Volatility
IGF vs. JXI - Volatility Comparison
The current volatility for iShares Global Infrastructure ETF (IGF) is 3.35%, while iShares Global Utilities ETF (JXI) has a volatility of 4.23%. This indicates that IGF experiences smaller price fluctuations and is considered to be less risky 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
| IGF | JXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 4.23% | -0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 8.73% | 10.59% | -1.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.56% | 12.99% | -2.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.96% | 15.38% | -1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.73% | 16.98% | -0.25% |
IGF vs. JXI - Expense Ratio Comparison
IGF has a 0.39% expense ratio, which is lower than JXI's 0.46% expense ratio.
Dividends
IGF vs. JXI - Dividend Comparison
IGF's dividend yield for the trailing twelve months is around 2.91%, more than JXI's 2.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGF iShares Global Infrastructure ETF | 2.91% | 3.23% | 3.21% | 3.36% | 2.67% | 2.42% | 2.33% | 3.27% | 3.52% | 2.95% | 2.98% | 3.25% |
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
IGF and JXI have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JXI has higher volatility (4.23%) compared to IGF (3.35%). In terms of maximum drawdown, IGF dropped -58.33% vs JXI's -50.23%.
On 10-year performance, JXI leads with 9.49% vs 8.79% for IGF. On fees, IGF is cheaper at 0.39% per year. On volatility, IGF has been the lower-risk option at 3.35%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, JXI has performed better with a 9.49% return vs 8.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGF is cheaper with a 0.39% expense ratio, compared with 0.46% for JXI.
IGF has the higher dividend yield at 2.91%, compared with 2.44% for JXI.
IGF is categorized as Industrials Equities, while JXI is Utilities Equities. IGF tracks S&P Global Infrastructure Index (Net), while JXI tracks S&P Global Utilities Index. Their fees differ too: 0.39% for IGF and 0.46% for JXI.
IGF currently has the higher Sharpe Ratio (1.68 vs 1.37), 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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