SPGI vs. IGF
SPGI (S&P Global Inc.) is a stock, while IGF (iShares Global Infrastructure ETF) is Industrials Equities fund tracking the S&P Global Infrastructure Index. Over the past 10 years, SPGI returned 15.70%/yr vs 8.67%/yr for IGF. At a 0.49 correlation, their price movements are largely independent.
Performance
SPGI vs. IGF - Performance Comparison
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Returns By Period
In the year-to-date period, SPGI achieves a -19.47% return, which is significantly lower than IGF's 9.68% return. Over the past 10 years, SPGI has outperformed IGF with an annualized return of 15.70%, while IGF has yielded a comparatively lower 8.67% annualized return.
SPGI
- 1D
- 1.35%
- 1M
- 4.15%
- YTD
- -19.47%
- 6M
- -16.00%
- 1Y
- -15.77%
- 3Y*
- 3.19%
- 5Y*
- 2.16%
- 10Y*
- 15.70%
IGF
- 1D
- 0.67%
- 1M
- 1.89%
- YTD
- 9.68%
- 6M
- 10.24%
- 1Y
- 17.04%
- 3Y*
- 16.28%
- 5Y*
- 10.22%
- 10Y*
- 8.67%
SPGI vs. IGF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPGI S&P Global Inc. | -19.47% | 5.71% | 13.94% | 32.79% | -28.38% | 44.68% | 21.40% | 62.27% | 1.37% | 59.32% |
IGF iShares Global Infrastructure ETF | 9.68% | 21.31% | 14.81% | 6.14% | -1.26% | 11.57% | -6.50% | 25.82% | -9.95% | 19.31% |
Correlation
The correlation between SPGI and IGF is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2007 | 0.49 |
Over the past year, the correlation between SPGI and IGF has dropped to 0.13 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.
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Return for Risk
SPGI vs. IGF — Risk / Return Rank
SPGI
IGF
SPGI vs. IGF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P Global Inc. (SPGI) and iShares Global Infrastructure ETF (IGF). 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.
| SPGI | IGF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.85 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.27 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 2.78 | -3.32 |
| Martin ratioReturn relative to average drawdown | -1.03 | 8.03 | -9.06 |
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Drawdowns
SPGI vs. IGF - Drawdown Comparison
The maximum SPGI drawdown since its inception was -74.67%, which is greater than IGF's maximum drawdown of -58.33%. Use the drawdown chart below to compare losses from any high point for SPGI and IGF.
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Drawdown Indicators
| SPGI | IGF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.67% | -58.33% | -16.34% |
Max Drawdown (1Y)Largest decline over 1 year | -30.48% | -5.87% | -24.61% |
Max Drawdown (3Y)Largest decline over 3 years | -30.48% | -14.28% | -16.20% |
Max Drawdown (5Y)Largest decline over 5 years | -39.76% | -20.83% | -18.93% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | -42.11% | +2.35% |
Current DrawdownCurrent decline from peak | -25.12% | -2.98% | -22.14% |
Average DrawdownAverage peak-to-trough decline | -15.23% | -11.86% | -3.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.07% | 2.04% | +14.03% |
Volatility
SPGI vs. IGF - Volatility Comparison
S&P Global Inc. (SPGI) has a higher volatility of 7.62% compared to iShares Global Infrastructure ETF (IGF) at 3.85%. This indicates that SPGI's price experiences larger fluctuations and is considered to be riskier than IGF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPGI | IGF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.62% | 3.85% | +3.77% |
Volatility (6M)Calculated over the trailing 6-month period | 24.13% | 8.73% | +15.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.63% | 10.58% | +17.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.51% | 14.00% | +10.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.03% | 16.83% | +9.20% |
Dividends
SPGI vs. IGF - Dividend Comparison
SPGI's dividend yield for the trailing twelve months is around 0.92%, less than IGF's 2.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGF iShares Global Infrastructure ETF | 2.94% | 3.23% | 3.21% | 3.36% | 2.67% | 2.42% | 2.33% | 3.27% | 3.52% | 2.95% | 2.98% | 3.25% |
SPGI S&P Global Inc. | 0.92% | 0.73% | 0.73% | 0.82% | 0.99% | 0.65% | 0.82% | 0.84% | 1.18% | 0.97% | 1.34% | 1.34% |
Frequently Asked Questions
SPGI and IGF have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPGI has higher volatility (7.62%) compared to IGF (3.85%). In terms of maximum drawdown, SPGI dropped -74.67% vs IGF's -58.33%.
IGF currently has the higher Sharpe Ratio (1.55 vs -0.60), 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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