GII vs GLIX

GIIAState Street SPDR S&P Global Infrastructure ETF

GLIXDLazard Listed Infrastructure ETF

In short

GII Toll roads, airports, pipelines and power grids in one ticker. GII has tracked the S&P Global Infrastructure Index since 2007, an early entrant in the category, and charges less than the typical infrastructure fund.

GLIX Lazard's 2025 entry into listed infrastructure: an equity portfolio built around the companies that own and run the world's plumbing. At 0.96%, it prices like a specialist on a shelf stacked with cheap index trackers.

Stated mandate

GII The fund seeks to track the total return of the S&P Global Infrastructure Index. That index provides exposure to large publicly listed infrastructure companies across transportation, utilities, and energy infrastructure.

GLIX The portfolio primarily holds equity securities, especially common stocks, issued by infrastructure companies.

Why people hold it

• GII Tracks an index of 75 of the largest listed infrastructure companies, screened for float and liquidity, spread across transportation, utilities and energy infrastructure in developed and emerging markets.ssga.com
• 0.40% a year against a 0.55% median for infrastructure ETFs. The cheap end of a category that often is not cheap.
• Live since 2007, so the record covers the financial crisis, a decade of low rates and the 2022 rate shock. It rates among the strongest implementations in its infrastructure peer group.

• GLIX The mandate is narrow and readable: equity, mostly common stock, of infrastructure companies. What the label says is what the portfolio holds.
• Built as a standard 1940 Act fund, so tax time means a 1099, not the K-1 paperwork that comes with some pipeline partnerships.
• Cash comes back on a quarterly schedule, a steadier rhythm than funds that pay once a year.

Worth knowing

• GII IGF follows the same index for 0.37%, three basis points less. GII's own trading is moderate rather than heavy, so spreads count alongside the fee gap.
• Roughly 70 stocks across three sectors and several currencies. A focused, globally scattered book that can behave quite differently from a broad world equity fund.ssga.com
• Distributions arrive on an annual or semiannual schedule, so cash lands in lumps rather than monthly.

• GLIX At 0.96%, it costs roughly triple the biggest index rivals (IGF at 0.37%, IFRA at 0.30%). That gap is the bar this portfolio has to clear.
• A 2025 launch with a small asset base and light trading. Spreads can widen, so limit orders and a glance at the day's volume matter more here.
• It opened in October 2025, so there is no long record yet showing how the strategy behaves through a full rate or credit cycle.

Full GII profile⁠

Full GLIX profile⁠