ZYUS.AX vs. IFRA.AX

Last updated Jul 16, 2026

ZYUS.AX (Global X S&P 500 High Yield Low Volatility ETF) and IFRA.AX (VanEck FTSE Global Infrastructure (AUD Hedged) ETF) are both Global Equities funds - ZYUS.AX tracks the Global X S&P 500 High Yield Low Volatility Index while IFRA.AX tracks the VanEck FTSE Global Infrastructure (AUD Hedged) Index. Both are passively managed. Over the past 10 years, ZYUS.AX returned 7.18%/yr vs 6.41%/yr for IFRA.AX. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

ZYUS.AX vs. IFRA.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Global X S&P 500 High Yield Low Volatility ETF (ZYUS.AX) and VanEck FTSE Global Infrastructure (AUD Hedged) ETF (IFRA.AX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ZYUS.AX achieves a 5.46% return, which is significantly lower than IFRA.AX's 10.62% return. Over the past 10 years, ZYUS.AX has outperformed IFRA.AX with an annualized return of 7.18%, while IFRA.AX has yielded a comparatively lower 6.41% annualized return.

ZYUS.AX

• 1D: 0.34%
• 1M: 2.46%
• 6M: 4.73%
• YTD: 5.46%
• 1Y: 4.42%
• 3Y*: 10.33%
• 5Y*: 8.25%
• 10Y*: 7.18%

IFRA.AX

• 1D: -0.66%
• 1M: -0.16%
• 6M: 11.95%
• YTD: 10.62%
• 1Y: 16.33%
• 3Y*: 11.07%
• 5Y*: 6.59%
• 10Y*: 6.41%

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

ZYUS.AX vs. IFRA.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ZYUS.AX Global X S&P 500 High Yield Low Volatility ETF	5.46%	-4.75%	29.05%	-0.69%	8.17%	32.01%	-19.00%	19.73%	3.05%	2.59%
IFRA.AX VanEck FTSE Global Infrastructure (AUD Hedged) ETF	10.62%	11.93%	10.70%	-1.66%	-4.04%	16.80%	-8.44%	23.88%	-3.41%	13.75%

Correlation

The correlation between ZYUS.AX and IFRA.AX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Apr 29, 2016	0.51

The correlation between ZYUS.AX and IFRA.AX has been stable across timeframes, ranging from 0.47 to 0.51 - a consistent structural relationship.

Return for Risk

ZYUS.AX vs. IFRA.AX — Risk / Return Rank

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

ZYUS.AX

ZYUS.AX Risk / Return Rank: 16
ZYUS.AX Sharpe Ratio Rank: 16
ZYUS.AX Sortino Ratio Rank: 15
ZYUS.AX Omega Ratio Rank: 14
ZYUS.AX Calmar Ratio Rank: 18
ZYUS.AX Martin Ratio Rank: 16

IFRA.AX

IFRA.AX Risk / Return Rank: 58
IFRA.AX Sharpe Ratio Rank: 54
IFRA.AX Sortino Ratio Rank: 55
IFRA.AX Omega Ratio Rank: 52
IFRA.AX Calmar Ratio Rank: 73
IFRA.AX Martin Ratio Rank: 55

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.

ZYUS.AX vs. IFRA.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 High Yield Low Volatility ETF (ZYUS.AX) and VanEck FTSE Global Infrastructure (AUD Hedged) ETF (IFRA.AX). 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.

	ZYUS.AX	IFRA.AX	Difference
Sharpe ratio: Return per unit of total volatility	0.39	1.52	-1.12
Sortino ratio: Return per unit of downside risk	0.66	2.19	-1.53
Omega ratio: Gain probability vs. loss probability	1.07	1.27	-0.20
Calmar ratio: Return relative to maximum drawdown	0.60	2.99	-2.39
Martin ratio: Return relative to average drawdown	1.25	7.68	-6.43

ZYUS.AX vs. IFRA.AX - Sharpe Ratio Comparison

The current ZYUS.AX Sharpe Ratio is 0.39, which is lower than the IFRA.AX Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of ZYUS.AX and IFRA.AX, 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

ZYUS.AX vs. IFRA.AX - Drawdown Comparison

The maximum ZYUS.AX drawdown since its inception was -31.48%, smaller than the maximum IFRA.AX drawdown of -36.36%. Use the drawdown chart below to compare losses from any high point for ZYUS.AX and IFRA.AX.

Drawdown Indicators

	ZYUS.AX	IFRA.AX	Difference
Max Drawdown Largest peak-to-trough decline	-31.48%	-36.36%	+4.88%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-5.54%	-2.94%
Max Drawdown (3Y) Largest decline over 3 years	-12.83%	-12.79%	-0.04%
Max Drawdown (5Y) Largest decline over 5 years	-12.83%	-21.19%	+8.36%
Max Drawdown (10Y) Largest decline over 10 years	-31.48%	-36.36%	+4.88%
Current Drawdown Current decline from peak	-4.20%	-1.65%	-2.55%
Average Drawdown Average peak-to-trough decline	-5.55%	-6.01%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.12%	2.20%	+1.92%

Volatility

ZYUS.AX vs. IFRA.AX - Volatility Comparison

Global X S&P 500 High Yield Low Volatility ETF (ZYUS.AX) has a higher volatility of 4.69% compared to VanEck FTSE Global Infrastructure (AUD Hedged) ETF (IFRA.AX) at 3.82%. This indicates that ZYUS.AX's price experiences larger fluctuations and is considered to be riskier than IFRA.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZYUS.AX	IFRA.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.69%	3.82%	+0.87%
Volatility (6M) Calculated over the trailing 6-month period	10.35%	9.13%	+1.22%
Volatility (1Y) Calculated over the trailing 1-year period	12.93%	10.95%	+1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.51%	14.30%	-0.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.02%	15.06%	-0.04%

Dividends

ZYUS.AX vs. IFRA.AX - Dividend Comparison

ZYUS.AX's dividend yield for the trailing twelve months is around 4.00%, more than IFRA.AX's 2.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IFRA.AX VanEck FTSE Global Infrastructure (AUD Hedged) ETF	2.23%	3.15%	1.61%	2.51%	2.31%	2.93%	3.58%	3.29%	2.91%	2.11%	1.60%	0.00%
ZYUS.AX Global X S&P 500 High Yield Low Volatility ETF	4.00%	5.68%	3.54%	7.57%	3.05%	2.70%	6.34%	7.82%	5.96%	6.04%	3.90%	0.84%

Frequently Asked Questions

Can I hold both ZYUS.AX and IFRA.AX in my portfolio?

ZYUS.AX and IFRA.AX have a correlation of 0.49, 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 ZYUS.AX and IFRA.AX?

ZYUS.AX tracks Global X S&P 500 High Yield Low Volatility Index, while IFRA.AX tracks VanEck FTSE Global Infrastructure (AUD Hedged) Index. They also come from different issuers: Global X and VanEck.