IGUS.L vs. INFR

Last updated Jun 14, 2026

IGUS.L (iShares S&P 500 GBP Hedged UCITS ETF) and INFR (ClearBridge Sustainable Infrastructure ETF) are both exchange-traded funds - IGUS.L is a S&P 500 fund tracking the S&P 500 Index, while INFR is a Energy Equities fund tracking the RARE Global Infrastructure Index. Both are passively managed. Over the past 3 years, IGUS.L returned 19.90%/yr vs 2.95%/yr for INFR. At a 0.00 correlation, their price movements are largely independent. IGUS.L charges 0.20%/yr vs 0.59%/yr for INFR.

Performance

IGUS.L vs. INFR - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares S&P 500 GBP Hedged UCITS ETF (IGUS.L) and ClearBridge Sustainable Infrastructure ETF (INFR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IGUS.L is traded in GBp, while INFR is traded in USD. To make them comparable, the INFR values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IGUS.L achieves a 7.87% return, which is significantly higher than INFR's 2.43% return.

IGUS.L

• 1D: 2.06%
• 1M: -0.82%
• YTD: 7.87%
• 6M: 9.06%
• 1Y: 24.08%
• 3Y*: 19.90%
• 5Y*: 11.97%
• 10Y*: 13.52%

INFR

• 1D: 0.63%
• 1M: 0.47%
• YTD: 2.43%
• 6M: 2.95%
• 1Y: 9.05%
• 3Y*: 2.95%
• 5Y*: —
• 10Y*: —

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

IGUS.L vs. INFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IGUS.L iShares S&P 500 GBP Hedged UCITS ETF	7.87%	17.39%	24.64%	24.49%	-1.78%
INFR ClearBridge Sustainable Infrastructure ETF	2.43%	15.16%	-4.59%	-0.06%	0.21%

Correlation

The correlation between IGUS.L and INFR is -0.11, 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 (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Dec 16, 2022	0.00

The correlation between IGUS.L and INFR shifts across timeframes, from -0.11 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.

IGUS.L vs. INFR - Sectors Allocation Comparison

Sectors	IGUS.L	INFR
Technology	35.6%	-
Financial Services	11.8%	-
Communication Services	11.2%	-
Consumer Cyclical	10.2%	-
Healthcare	8.5%	-
Industrials	8.3%	27.5%
Consumer Defensive	4.9%	-
Energy	3.5%	-
Utilities	2.3%	68.5%
Real Estate	1.9%	4.1%
Basic Materials	1.8%	-

Return for Risk

IGUS.L vs. INFR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IGUS.L

IGUS.L Risk / Return Rank: 69
IGUS.L Sharpe Ratio Rank: 68
IGUS.L Sortino Ratio Rank: 73
IGUS.L Omega Ratio Rank: 68
IGUS.L Calmar Ratio Rank: 63
IGUS.L Martin Ratio Rank: 72

INFR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

IGUS.L vs. INFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 GBP Hedged UCITS ETF (IGUS.L) and ClearBridge Sustainable Infrastructure ETF (INFR). 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.

	IGUS.L	INFR	Difference
Sharpe ratio: Return per unit of total volatility	1.93	1.18	+0.75
Sortino ratio: Return per unit of downside risk	2.85	1.72	+1.13
Omega ratio: Gain probability vs. loss probability	1.35	1.21	+0.14
Calmar ratio: Return relative to maximum drawdown	2.79	1.75	+1.04
Martin ratio: Return relative to average drawdown	11.79	4.70	+7.09

IGUS.L vs. INFR - Sharpe Ratio Comparison

The current IGUS.L Sharpe Ratio is 1.93, which is higher than the INFR Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of IGUS.L and INFR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IGUS.L vs. INFR - Drawdown Comparison

The maximum IGUS.L drawdown since its inception was -36.66%, which is greater than INFR's maximum drawdown of -16.73%. Use the drawdown chart below to compare losses from any high point for IGUS.L and INFR.

Drawdown Indicators

	IGUS.L	INFR	Difference
Max Drawdown Largest peak-to-trough decline	-36.66%	-16.73%	-19.93%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-5.85%	-2.59%
Max Drawdown (3Y) Largest decline over 3 years	-18.98%	-13.68%	-5.30%
Max Drawdown (5Y) Largest decline over 5 years	-25.66%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.66%	—	—
Current Drawdown Current decline from peak	-2.23%	-1.17%	-1.06%
Average Drawdown Average peak-to-trough decline	-4.12%	-5.23%	+1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	2.15%	-0.15%

Volatility

IGUS.L vs. INFR - Volatility Comparison

iShares S&P 500 GBP Hedged UCITS ETF (IGUS.L) has a higher volatility of 4.04% compared to ClearBridge Sustainable Infrastructure ETF (INFR) at 1.80%. This indicates that IGUS.L's price experiences larger fluctuations and is considered to be riskier than INFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGUS.L	INFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	1.80%	+2.24%
Volatility (6M) Calculated over the trailing 6-month period	9.13%	5.26%	+3.87%
Volatility (1Y) Calculated over the trailing 1-year period	12.18%	8.65%	+3.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.15%	12.65%	+3.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.60%	12.65%	+3.95%

IGUS.L vs. INFR - Expense Ratio Comparison

IGUS.L has a 0.20% expense ratio, which is lower than INFR's 0.59% expense ratio.

Dividends

IGUS.L vs. INFR - Dividend Comparison

Neither IGUS.L nor INFR has paid dividends to shareholders.

Position	TTM	2025	2024	2023
IGUS.L iShares S&P 500 GBP Hedged UCITS ETF	0.00%	0.00%	0.00%	0.00%
INFR ClearBridge Sustainable Infrastructure ETF	2.49%	2.52%	2.36%	3.06%

Frequently Asked Questions

Can I hold both IGUS.L and INFR in my portfolio?

IGUS.L and INFR have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IGUS.L or INFR?

On fees, IGUS.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IGUS.L or INFR?

IGUS.L is cheaper with a 0.20% expense ratio, compared with 0.59% for INFR.

What is the main difference between IGUS.L and INFR?

IGUS.L is categorized as S&P 500, while INFR is Energy Equities. IGUS.L tracks S&P 500 Index, while INFR tracks RARE Global Infrastructure Index. They also come from different issuers: iShares and ClearBridge. Their fees differ too: 0.20% for IGUS.L and 0.59% for INFR.