RGSVX vs. VENAX

Last updated Jun 4, 2026

RGSVX (ClearBridge Global Infrastructure Income Fund) and VENAX (Vanguard Energy Index Fund Admiral Shares) are both Energy Equities funds. Over the past 5 years, RGSVX returned 8.95%/yr vs 20.23%/yr for VENAX. At a 0.39 correlation, their price movements are largely independent. RGSVX charges 0.89%/yr vs 0.10%/yr for VENAX.

Performance

RGSVX vs. VENAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Global Infrastructure Income Fund (RGSVX) and Vanguard Energy Index Fund Admiral Shares (VENAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RGSVX achieves a 12.29% return, which is significantly lower than VENAX's 30.74% return.

RGSVX

• 1D: 1.20%
• 1M: -1.17%
• YTD: 12.29%
• 6M: 11.59%
• 1Y: 20.73%
• 3Y*: 13.80%
• 5Y*: 8.95%
• 10Y*: —

VENAX

• 1D: 1.15%
• 1M: -3.23%
• YTD: 30.74%
• 6M: 27.90%
• 1Y: 43.96%
• 3Y*: 17.52%
• 5Y*: 20.23%
• 10Y*: 9.50%

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

RGSVX vs. VENAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RGSVX ClearBridge Global Infrastructure Income Fund	12.29%	26.02%	2.19%	3.64%	-5.85%	12.09%	12.33%	26.21%	-7.94%	17.05%
VENAX Vanguard Energy Index Fund Admiral Shares	30.74%	7.29%	6.57%	0.05%	62.94%	55.57%	-33.27%	9.36%	-19.90%	-3.61%

Correlation

The correlation between RGSVX and VENAX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.39

Over the past year, the correlation between RGSVX and VENAX has dropped to 0.09 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Return for Risk

RGSVX vs. VENAX — Risk / Return Rank

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

RGSVX

RGSVX Risk / Return Rank: 46
RGSVX Sharpe Ratio Rank: 39
RGSVX Sortino Ratio Rank: 37
RGSVX Omega Ratio Rank: 39
RGSVX Calmar Ratio Rank: 67
RGSVX Martin Ratio Rank: 50

VENAX

VENAX Risk / Return Rank: 58
VENAX Sharpe Ratio Rank: 59
VENAX Sortino Ratio Rank: 48
VENAX Omega Ratio Rank: 45
VENAX Calmar Ratio Rank: 84
VENAX Martin Ratio Rank: 57

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.

RGSVX vs. VENAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Global Infrastructure Income Fund (RGSVX) and Vanguard Energy Index Fund Admiral Shares (VENAX). 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.

	RGSVX	VENAX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.26	-0.45
Sortino ratio: Return per unit of downside risk	2.55	2.90	-0.34
Omega ratio: Gain probability vs. loss probability	1.33	1.36	-0.03
Calmar ratio: Return relative to maximum drawdown	3.16	3.91	-0.76
Martin ratio: Return relative to average drawdown	10.32	11.54	-1.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RGSVX vs. VENAX - Sharpe Ratio Comparison

The current RGSVX Sharpe Ratio is 1.82, which is comparable to the VENAX Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of RGSVX and VENAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RGSVX	VENAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	2.26	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.77	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.27	+0.36

Drawdowns

RGSVX vs. VENAX - Drawdown Comparison

The maximum RGSVX drawdown since its inception was -35.19%, smaller than the maximum VENAX drawdown of -74.42%. Use the drawdown chart below to compare losses from any high point for RGSVX and VENAX.

Drawdown Indicators

	RGSVX	VENAX	Difference
Max Drawdown Largest peak-to-trough decline	-35.19%	-74.42%	+39.23%
Max Drawdown (1Y) Largest decline over 1 year	-6.49%	-11.79%	+5.30%
Max Drawdown (3Y) Largest decline over 3 years	-16.54%	-21.44%	+4.90%
Max Drawdown (5Y) Largest decline over 5 years	-24.50%	-26.59%	+2.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-69.58%	—
Current Drawdown Current decline from peak	-3.54%	-7.50%	+3.96%
Average Drawdown Average peak-to-trough decline	-5.62%	-19.98%	+14.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	3.99%	-2.01%

Volatility

RGSVX vs. VENAX - Volatility Comparison

The current volatility for ClearBridge Global Infrastructure Income Fund (RGSVX) is 3.73%, while Vanguard Energy Index Fund Admiral Shares (VENAX) has a volatility of 7.91%. This indicates that RGSVX experiences smaller price fluctuations and is considered to be less risky than VENAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGSVX	VENAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.73%	7.91%	-4.18%
Volatility (6M) Calculated over the trailing 6-month period	9.46%	16.29%	-6.83%
Volatility (1Y) Calculated over the trailing 1-year period	11.29%	20.40%	-9.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.06%	26.43%	-12.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.64%	30.24%	-14.60%

RGSVX vs. VENAX - Expense Ratio Comparison

RGSVX has a 0.89% expense ratio, which is higher than VENAX's 0.10% expense ratio.

Dividends

RGSVX vs. VENAX - Dividend Comparison

RGSVX's dividend yield for the trailing twelve months is around 2.76%, more than VENAX's 2.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RGSVX ClearBridge Global Infrastructure Income Fund	2.76%	3.00%	4.04%	4.78%	4.90%	4.65%	3.79%	2.99%	2.79%	2.20%	0.00%	0.00%
VENAX Vanguard Energy Index Fund Admiral Shares	2.40%	3.10%	3.24%	3.34%	3.65%	3.80%	4.76%	3.41%	3.35%	2.90%	2.31%	3.17%

Frequently Asked Questions

Can I hold both RGSVX and VENAX in my portfolio?

RGSVX and VENAX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RGSVX or VENAX?

VENAX has higher volatility (7.91%) compared to RGSVX (3.73%). In terms of maximum drawdown, RGSVX dropped -35.19% vs VENAX's -74.42%.

Which has better risk-adjusted returns?

VENAX currently has the higher Sharpe Ratio (2.26 vs 1.82), 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.