RIIN.TO vs. QIF.NEO

Last updated Jul 25, 2026

RIIN.TO (Russell Investments Global Infrastructure Pool) and QIF.NEO (AGF Systematic Global Infrastructure ETF) are both Infrastructure Equities funds. Both are actively managed. Over the past 5 years, RIIN.TO returned 12.56%/yr vs 11.66%/yr for QIF.NEO. At a 0.41 correlation, their price movements are largely independent.

Performance

RIIN.TO vs. QIF.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Russell Investments Global Infrastructure Pool (RIIN.TO) and AGF Systematic Global Infrastructure ETF (QIF.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with RIIN.TO having a 14.75% return and QIF.NEO slightly higher at 14.90%.

RIIN.TO

• 1D: 0.70%
• 1M: 0.75%
• 6M: 12.04%
• YTD: 14.75%
• 1Y: 19.41%
• 3Y*: 16.20%
• 5Y*: 12.56%
• 10Y*: —
• ALL TIME*: 8.74%

QIF.NEO

• 1D: 0.41%
• 1M: -0.49%
• 6M: 12.01%
• YTD: 14.90%
• 1Y: 22.40%
• 3Y*: 17.53%
• 5Y*: 11.66%
• 10Y*: —
• ALL TIME*: 10.25%

*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)
QIF.NEO AGF Systematic Global Infrastructure ETF	CA$503.54K	CA$292.79K	CA$151.69K
RIIN.TO Russell Investments Global Infrastructure Pool	CA$83.70K	CA$81.11K	CA$107.94K

RIIN.TO vs. QIF.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
RIIN.TO Russell Investments Global Infrastructure Pool	14.75%	11.43%	21.76%	3.17%	4.20%	14.23%	-9.79%
QIF.NEO AGF Systematic Global Infrastructure ETF	14.90%	14.80%	21.37%	4.72%	-2.67%	20.54%	-12.22%

Correlation

The correlation between RIIN.TO and QIF.NEO is 0.73, 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	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (All Time) Calculated using the full available price history since Jan 22, 2020	0.41

Over the past year, RIIN.TO and QIF.NEO have become more correlated (0.73) than their long-term average of 0.41, meaning their price movements have been converging.

Return for Risk

RIIN.TO vs. QIF.NEO — Risk / Return Rank

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

RIIN.TO

RIIN.TO Risk / Return Rank: 79
RIIN.TO Sharpe Ratio Rank: 81
RIIN.TO Sortino Ratio Rank: 79
RIIN.TO Omega Ratio Rank: 78
RIIN.TO Calmar Ratio Rank: 88
RIIN.TO Martin Ratio Rank: 68

QIF.NEO

QIF.NEO Risk / Return Rank: 91
QIF.NEO Sharpe Ratio Rank: 92
QIF.NEO Sortino Ratio Rank: 91
QIF.NEO Omega Ratio Rank: 91
QIF.NEO Calmar Ratio Rank: 94
QIF.NEO Martin Ratio Rank: 87

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.

RIIN.TO vs. QIF.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Russell Investments Global Infrastructure Pool (RIIN.TO) and AGF Systematic Global Infrastructure ETF (QIF.NEO). 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.

	RIIN.TO	QIF.NEO	Difference
Sharpe ratio: Return per unit of total volatility	1.89	2.34	-0.45
Sortino ratio: Return per unit of downside risk	2.56	3.22	-0.66
Omega ratio: Gain probability vs. loss probability	1.33	1.43	-0.10
Calmar ratio: Return relative to maximum drawdown	3.70	4.83	-1.14
Martin ratio: Return relative to average drawdown	8.38	12.88	-4.51

RIIN.TO vs. QIF.NEO - Sharpe Ratio Comparison

The current RIIN.TO Sharpe Ratio is 1.89, which is comparable to the QIF.NEO Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of RIIN.TO and QIF.NEO, 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

RIIN.TO vs. QIF.NEO - Drawdown Comparison

The maximum RIIN.TO drawdown since its inception was -34.62%, which is greater than QIF.NEO's maximum drawdown of -30.71%. Use the drawdown chart below to compare losses from any high point for RIIN.TO and QIF.NEO.

Drawdown Indicators

	RIIN.TO	QIF.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-34.62%	-30.71%	-3.91%
Max Drawdown (1Y) Largest decline over 1 year	-5.27%	-4.67%	-0.60%
Max Drawdown (3Y) Largest decline over 3 years	-10.21%	-10.29%	+0.08%
Max Drawdown (5Y) Largest decline over 5 years	-13.40%	-15.54%	+2.14%
Current Drawdown Current decline from peak	-0.75%	-1.34%	+0.59%
Average Drawdown Average peak-to-trough decline	-5.60%	-4.32%	-1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	1.75%	+0.57%

Volatility

RIIN.TO vs. QIF.NEO - Volatility Comparison

Russell Investments Global Infrastructure Pool (RIIN.TO) has a higher volatility of 2.81% compared to AGF Systematic Global Infrastructure ETF (QIF.NEO) at 2.49%. This indicates that RIIN.TO's price experiences larger fluctuations and is considered to be riskier than QIF.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RIIN.TO	QIF.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.81%	2.49%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	8.18%	7.67%	+0.51%
Volatility (1Y) Calculated over the trailing 1-year period	10.33%	9.66%	+0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.76%	11.66%	+1.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	14.76%	+0.91%

Dividends

RIIN.TO vs. QIF.NEO - Dividend Comparison

RIIN.TO's dividend yield for the trailing twelve months is around 6.39%, more than QIF.NEO's 5.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QIF.NEO AGF Systematic Global Infrastructure ETF	5.09%	5.32%	4.60%	3.61%	3.22%	3.05%	3.12%	3.16%	2.24%
RIIN.TO Russell Investments Global Infrastructure Pool	6.39%	7.00%	6.34%	4.52%	4.46%	4.12%	4.77%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RIIN.TO and QIF.NEO in my portfolio?

RIIN.TO and QIF.NEO have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between RIIN.TO and QIF.NEO?

They also come from different issuers: Russell Investments Canada Limited and AGF.