JXI vs. GII
JXI (iShares Global Utilities ETF) and GII (SPDR S&P Global Infrastructure ETF) are both Utilities Equities funds - JXI tracks the S&P Global Utilities Index while GII tracks the S&P Global Infrastructure. Both are passively managed. Over the past 10 years, JXI returned 9.49%/yr vs 8.70%/yr for GII. Their correlation of 0.81 suggests significant overlap in exposure. JXI charges 0.46%/yr vs 0.40%/yr for GII.
Performance
JXI vs. GII - Performance Comparison
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Returns By Period
In the year-to-date period, JXI achieves a 8.13% return, which is significantly lower than GII's 9.45% return. Over the past 10 years, JXI has outperformed GII with an annualized return of 9.49%, while GII has yielded a comparatively lower 8.70% annualized return.
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%
GII
- 1D
- -0.06%
- 1M
- -0.25%
- YTD
- 9.45%
- 6M
- 8.82%
- 1Y
- 17.64%
- 3Y*
- 16.77%
- 5Y*
- 10.67%
- 10Y*
- 8.70%
JXI vs. GII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
GII SPDR S&P Global Infrastructure ETF | 9.45% | 21.79% | 14.30% | 5.90% | -0.54% | 11.39% | -6.81% | 26.32% | -10.08% | 19.07% |
Correlation
The correlation between JXI and GII is 0.79, 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 | 0.79 |
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 | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2007 | 0.81 |
The correlation between JXI and GII has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.
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Return for Risk
JXI vs. GII — Risk / Return Rank
JXI
GII
JXI vs. GII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Utilities ETF (JXI) and SPDR S&P Global Infrastructure ETF (GII). 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.
| JXI | GII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.29 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 2.98 | -0.80 |
| Martin ratioReturn relative to average drawdown | 6.28 | 8.50 | -2.22 |
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Drawdowns
JXI vs. GII - Drawdown Comparison
The maximum JXI drawdown since its inception was -50.23%, roughly equal to the maximum GII drawdown of -50.98%. Use the drawdown chart below to compare losses from any high point for JXI and GII.
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Drawdown Indicators
| JXI | GII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.23% | -50.98% | +0.75% |
Max Drawdown (1Y)Largest decline over 1 year | -8.09% | -5.94% | -2.15% |
Max Drawdown (3Y)Largest decline over 3 years | -16.29% | -14.31% | -1.98% |
Max Drawdown (5Y)Largest decline over 5 years | -22.45% | -20.67% | -1.78% |
Max Drawdown (10Y)Largest decline over 10 years | -34.20% | -42.84% | +8.64% |
Current DrawdownCurrent decline from peak | -4.87% | -3.03% | -1.84% |
Average DrawdownAverage peak-to-trough decline | -12.80% | -11.49% | -1.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 2.08% | +0.72% |
Volatility
JXI vs. GII - Volatility Comparison
iShares Global Utilities ETF (JXI) has a higher volatility of 4.23% compared to SPDR S&P Global Infrastructure ETF (GII) at 3.57%. This indicates that JXI's price experiences larger fluctuations and is considered to be riskier than GII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JXI | GII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.23% | 3.57% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 10.59% | 8.96% | +1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.99% | 10.86% | +2.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.38% | 14.09% | +1.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.98% | 17.08% | -0.10% |
JXI vs. GII - Expense Ratio Comparison
JXI has a 0.46% expense ratio, which is higher than GII's 0.40% expense ratio.
Dividends
JXI vs. GII - Dividend Comparison
JXI's dividend yield for the trailing twelve months is around 2.44%, less than GII's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GII SPDR S&P Global Infrastructure ETF | 2.67% | 3.17% | 3.23% | 3.70% | 3.07% | 2.37% | 2.66% | 3.39% | 3.31% | 3.38% | 3.11% | 3.54% |
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
JXI and GII have a correlation of 0.79, 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 GII (3.57%). In terms of maximum drawdown, JXI dropped -50.23% vs GII's -50.98%.
On 10-year performance, JXI leads with 9.49% vs 8.70% for GII. On fees, GII is cheaper at 0.40% per year. On volatility, GII has been the lower-risk option at 3.57%. 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 8.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GII is cheaper with a 0.40% expense ratio, compared with 0.46% for JXI.
GII has the higher dividend yield at 2.67%, compared with 2.44% for JXI.
JXI tracks S&P Global Utilities Index, while GII tracks S&P Global Infrastructure. They also come from different issuers: iShares and State Street. Their fees differ too: 0.46% for JXI and 0.40% for GII.
GII currently has the higher Sharpe Ratio (1.63 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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