GLIX vs SPY
Lazard Listed Infrastructure ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GLIX | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.96% | 0.09% | |
| AUM | - | $821.1B | |
| Dividend Yield | 2.07% | 1.01% | |
| Holdings | 57 | 505 | |
| YTD Return | +10.26% | +12.93% | |
| 1Y Return | - | +20.62% | |
| 3Y Return (annualized) | - | +22.00% | |
| 5Y Return (annualized) | - | +13.33% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -7.8% | -56.5% | |
| Fund Family | Lazard Asset Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Oct 3, 2025 | Jan 22, 1993 |
GLIX vs SPY Performance
Lazard Listed Infrastructure ETF (GLIX) is a ETF from Lazard Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, GLIX is up 10.26% versus a gain of 12.93% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -7.8% for GLIX and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
GLIX charges 0.96% per year while SPY charges 0.09%. On a $10,000 position that is $96 vs $9 annually, a gap of $87 per year that compounds over a long holding period. On income, GLIX currently yields 2.07% against 1.01% for SPY.
Holdings Overlap
GLIX and SPY share 13 holdings out of 519 unique holdings combined, representing a 1.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GLIX or SPY?
GLIX has an expense ratio of 0.96% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $87 per year of difference.
What is the holdings overlap between GLIX and SPY?
GLIX and SPY share 13 common holdings with a 1.0% weight overlap. Combined, they hold 519 unique securities.
Which pays a higher dividend, GLIX or SPY?
GLIX yields 2.07% while SPY yields 1.01%, so GLIX currently pays the higher dividend yield.
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