JXI vs. EMIF

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Global Utilities ETF (JXI) and iShares Emerging Markets Infrastructure ETF (EMIF).

JXI and EMIF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. EMIF is a passively managed fund by iShares that tracks the performance of the S&P Emerging Markets Infrastructure Index. It was launched on Jun 16, 2009. Both JXI and EMIF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

JXI vs. EMIF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Utilities ETF (JXI) and iShares Emerging Markets Infrastructure ETF (EMIF). The values are adjusted to include any dividend payments, if applicable.

JXI vs. EMIF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JXI iShares Global Utilities ETF	9.78%	25.91%	13.14%	0.63%	-4.17%	10.88%	5.19%	23.94%	2.31%	14.79%
EMIF iShares Emerging Markets Infrastructure ETF	6.16%	33.90%	1.21%	5.67%	-12.59%	3.76%	-19.98%	16.36%	-13.70%	20.70%

Returns By Period

In the year-to-date period, JXI achieves a 9.78% return, which is significantly higher than EMIF's 6.16% return. Over the past 10 years, JXI has outperformed EMIF with an annualized return of 9.56%, while EMIF has yielded a comparatively lower 2.68% annualized return.

JXI

• 1D: 0.64%
• 1M: -3.34%
• YTD: 9.78%
• 6M: 12.48%
• 1Y: 28.34%
• 3Y*: 16.14%
• 5Y*: 10.63%
• 10Y*: 9.56%

EMIF

• 1D: 1.91%
• 1M: -8.08%
• YTD: 6.16%
• 6M: 12.77%
• 1Y: 39.99%
• 3Y*: 13.95%
• 5Y*: 6.54%
• 10Y*: 2.68%

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

JXI vs. EMIF - Expense Ratio Comparison

JXI has a 0.46% expense ratio, which is lower than EMIF's 0.75% expense ratio.

EMIF

iShares Emerging Markets Infrastructure ETF

JXI

iShares Global Utilities ETF

Return for Risk

JXI vs. EMIF — Risk / Return Rank

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

JXI

JXI Risk / Return Rank: 92
JXI Sharpe Ratio Rank: 91
JXI Sortino Ratio Rank: 90
JXI Omega Ratio Rank: 90
JXI Calmar Ratio Rank: 94
JXI Martin Ratio Rank: 94

EMIF

EMIF Risk / Return Rank: 95
EMIF Sharpe Ratio Rank: 95
EMIF Sortino Ratio Rank: 95
EMIF Omega Ratio Rank: 95
EMIF Calmar Ratio Rank: 94
EMIF Martin Ratio Rank: 93

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.

JXI vs. EMIF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Utilities ETF (JXI) and iShares Emerging Markets Infrastructure ETF (EMIF). 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.

	JXI	EMIF	Difference
Sharpe ratio Return per unit of total volatility	2.00	2.41	-0.41
Sortino ratio Return per unit of downside risk	2.55	3.15	-0.60
Omega ratio Gain probability vs. loss probability	1.38	1.47	-0.09
Calmar ratio Return relative to maximum drawdown	3.56	3.78	-0.21
Martin ratio Return relative to average drawdown	13.86	13.68	+0.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JXI vs. EMIF - Sharpe Ratio Comparison

The current JXI Sharpe Ratio is 2.00, which is comparable to the EMIF Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of JXI and EMIF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JXI	EMIF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	2.41	-0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.33	+0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.13	+0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.18	+0.16

Correlation

The correlation between JXI and EMIF is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

JXI vs. EMIF - Dividend Comparison

JXI's dividend yield for the trailing twelve months is around 2.33%, less than EMIF's 4.67% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JXI iShares Global Utilities ETF	2.33%	2.56%	3.02%	3.58%	3.13%	2.78%	2.65%	3.43%	3.16%	3.62%	4.77%	3.78%
EMIF iShares Emerging Markets Infrastructure ETF	4.67%	4.96%	4.12%	2.64%	3.08%	3.94%	2.54%	2.07%	2.64%	2.58%	3.16%	2.07%

Drawdowns

JXI vs. EMIF - Drawdown Comparison

The maximum JXI drawdown since its inception was -50.23%, roughly equal to the maximum EMIF drawdown of -48.02%. Use the drawdown chart below to compare losses from any high point for JXI and EMIF.

Drawdown Indicators

	JXI	EMIF	Difference
Max Drawdown Largest peak-to-trough decline	-50.23%	-48.02%	-2.21%
Max Drawdown (1Y) Largest decline over 1 year	-8.17%	-10.49%	+2.32%
Max Drawdown (5Y) Largest decline over 5 years	-22.45%	-23.68%	+1.23%
Max Drawdown (10Y) Largest decline over 10 years	-34.20%	-48.02%	+13.82%
Current Drawdown Current decline from peak	-3.34%	-8.65%	+5.31%
Average Drawdown Average peak-to-trough decline	-12.91%	-16.00%	+3.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	2.89%	-0.79%

Volatility

JXI vs. EMIF - Volatility Comparison

The current volatility for iShares Global Utilities ETF (JXI) is 5.44%, while iShares Emerging Markets Infrastructure ETF (EMIF) has a volatility of 7.64%. This indicates that JXI experiences smaller price fluctuations and is considered to be less risky than EMIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JXI	EMIF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.44%	7.64%	-2.20%
Volatility (6M) Calculated over the trailing 6-month period	8.90%	12.00%	-3.10%
Volatility (1Y) Calculated over the trailing 1-year period	14.24%	16.67%	-2.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.22%	19.63%	-4.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.94%	20.61%	-3.67%