NXG vs. RGIYX

Last updated Aug 5, 2026

NXG (NXG NextGen Infrastructure Income Fund) and RGIYX (Russell Investments Global Infrastructure Fund) are both Infrastructure Equities funds. Over the past 3 years, NXG returned 34.01%/yr vs 14.96%/yr for RGIYX. Their 0.43 correlation means their historical movements had little consistent relationship. NXG charges 1.00%/yr vs 0.85%/yr for RGIYX.

Performance

NXG vs. RGIYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NXG NextGen Infrastructure Income Fund (NXG) and Russell Investments Global Infrastructure Fund (RGIYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NXG achieves a 24.12% return, which is significantly higher than RGIYX's 10.16% return.

NXG

• 1D: 0.05%
• 1M: -6.35%
• 6M: 21.95%
• YTD: 24.12%
• 1Y: 28.44%
• 3Y*: 34.01%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 25.55%

RGIYX

• 1D: -0.18%
• 1M: -0.74%
• 6M: 4.56%
• YTD: 10.16%
• 1Y: 13.43%
• 3Y*: 14.96%
• 5Y*: 9.61%
• 10Y*: 7.96%
• ALL TIME*: 8.17%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NXG NXG NextGen Infrastructure Income Fund	$5.86M	$8.25M	$7.00M
RGIYX Russell Investments Global Infrastructure Fund	$0.00	$0.00	$0.00

NXG vs. RGIYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NXG NXG NextGen Infrastructure Income Fund	24.12%	25.98%	51.16%	4.54%	-4.87%
RGIYX Russell Investments Global Infrastructure Fund	10.16%	20.07%	9.96%	6.94%	4.25%

Correlation

The correlation between NXG and RGIYX is 0.25, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.25
Correlation (3Y) Balances recent behavior with more history.	0.35
Correlation (All Time) Calculated using the full available price history since Nov 1, 2022	0.43

The correlation between NXG and RGIYX shifts across timeframes, from 0.25 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NXG vs. RGIYX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NXG

NXG Risk / Return Rank: 44
NXG Sharpe Ratio Rank: 41
NXG Sortino Ratio Rank: 40
NXG Omega Ratio Rank: 41
NXG Calmar Ratio Rank: 42
NXG Martin Ratio Rank: 57

RGIYX

RGIYX Risk / Return Rank: 50
RGIYX Sharpe Ratio Rank: 45
RGIYX Sortino Ratio Rank: 44
RGIYX Omega Ratio Rank: 42
RGIYX Calmar Ratio Rank: 68
RGIYX Martin Ratio Rank: 49

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NXG vs. RGIYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NXG NextGen Infrastructure Income Fund (NXG) and Russell Investments Global Infrastructure Fund (RGIYX). 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.

	NXG	RGIYX	Difference
Sharpe ratio: Return per unit of total volatility	1.35	1.46	-0.11
Sortino ratio: Return per unit of downside risk	1.93	2.09	-0.17
Omega ratio: Gain probability vs. loss probability	1.25	1.26	-0.01
Calmar ratio: Return relative to maximum drawdown	1.84	2.49	-0.65
Martin ratio: Return relative to average drawdown	8.22	7.53	+0.69

NXG vs. RGIYX - Sharpe Ratio Comparison

The current NXG Sharpe Ratio is 1.35, which is comparable to the RGIYX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of NXG and RGIYX, 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

NXG vs. RGIYX - Drawdown Comparison

The maximum NXG drawdown since its inception was -26.14%, smaller than the maximum RGIYX drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for NXG and RGIYX.

Drawdown Indicators

	NXG	RGIYX	Difference
Max Drawdown Largest peak-to-trough decline	-26.14%	-39.17%	+13.03%
Max Drawdown (1Y) Largest decline over 1 year	-15.55%	-6.00%	-9.55%
Max Drawdown (3Y) Largest decline over 3 years	-26.14%	-10.80%	-15.34%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.17%	—
Current Drawdown Current decline from peak	-8.78%	-2.27%	-6.51%
Average Drawdown Average peak-to-trough decline	-6.50%	-4.65%	-1.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.31%	1.98%	+2.33%

Volatility

NXG vs. RGIYX - Volatility Comparison

NXG NextGen Infrastructure Income Fund (NXG) has a higher volatility of 9.18% compared to Russell Investments Global Infrastructure Fund (RGIYX) at 2.18%. This indicates that NXG's price experiences larger fluctuations and is considered to be riskier than RGIYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXG	RGIYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.18%	2.18%	+7.00%
Volatility (6M) Calculated over the trailing 6-month period	17.89%	8.52%	+9.37%
Volatility (1Y) Calculated over the trailing 1-year period	21.20%	10.23%	+10.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.02%	13.53%	+13.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.02%	15.83%	+11.19%

NXG vs. RGIYX - Expense Ratio Comparison

NXG has a 1.00% expense ratio, which is higher than RGIYX's 0.85% expense ratio.

Dividends

NXG vs. RGIYX - Dividend Comparison

NXG's dividend yield for the trailing twelve months is around 10.36%, more than RGIYX's 8.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXG NXG NextGen Infrastructure Income Fund	10.36%	12.83%	14.15%	12.00%	1.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RGIYX Russell Investments Global Infrastructure Fund	8.22%	9.39%	5.64%	2.76%	3.46%	17.26%	7.80%	15.89%	9.20%	11.32%	6.70%	5.67%

Frequently Asked Questions

Can I hold both NXG and RGIYX in my portfolio?

NXG and RGIYX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NXG or RGIYX?

NXG has higher volatility (9.18%) compared to RGIYX (2.18%). In terms of maximum drawdown, NXG dropped -26.14% vs RGIYX's -39.17%.

Which has better risk-adjusted returns?

RGIYX currently has the higher Sharpe Ratio (1.46 vs 1.35), 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.