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GLIX vs UPGR: which is really different?

GLIX holds 49.3% of its weight in S&P 500 companies and UPGR 22.9%. Lazard Listed Infrastructure ETF and Xtrackers US Green Infrastructure Select Equity ETF.

UPGR costs 0.61 points a year less; their one-year returns differ by 17.6 points; GLIX is far larger, $30m against $539,786.

GLIXUPGR
Expense ratio0.96%0.35%
Net assets, GLIX as of Jun 30, 2026 and UPGR as of Oct 8, 2026$30m$539,786
Total return, 1 year+6.4%−11.2%
What it tracksInfrastructureInfrastructure
Holdings in commonnot published
S&P 500, total return, 1 year+17.3%
Against the S&P 500, 1 yearbehind by 10.8 ptsbehind by 28.5 pts
Active share vs the S&P 50098%
Below its all-time high7.1%, high on Jun 26, 202626.8%, high on Jun 2, 2026
49.3%
GLIX in the S&P 500
22.9%
UPGR in the S&P 500
+6.4%
GLIX total return, 1 year
−11.2%
UPGR total return, 1 year
GLIX · 1 year to Oct 9, 202651% of its weight is outside the S&P 500
51% of its weight is outside the S&P 50049% of GLIX's weight is in S&P 500 companies and 51% is outside the index. Holdings as of Jun 30, 2026.49%51%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 55% of the fund · 27 holdings as filed for Jun 30, 2026 · Nasdaq-100: 13% in51% of its weight is outside the S&P 50049% of GLIX's weight is in S&P 500 companies and 51% is outside the index. Holdings as of Jun 30, 2026.49%51%in the S&P 500outside the S&P 500active share 99% · Nasdaq-100: 13% in

49% of GLIX's weight is in S&P 500 companies and 51% is outside the index. Holdings as of Jun 30, 2026.

UPGR · 1 year to Oct 9, 202677% of its weight is outside the S&P 500
77% of its weight is outside the S&P 50023% of UPGR's weight is in S&P 500 companies and 77% is outside the index. Holdings as of May 29, 2026.23%77%in the S&P 500of its weight outside the S&P 500active share 97% · top ten 34% of the fund · 45 holdings as filed for May 29, 2026 · Nasdaq-100: 2% in77% of its weight is outside the S&P 50023% of UPGR's weight is in S&P 500 companies and 77% is outside the index. Holdings as of May 29, 2026.23%77%inoutside the S&P 500active share 97% · Nasdaq-100: 2% in

23% of UPGR's weight is in S&P 500 companies and 77% is outside the index. Holdings as of May 29, 2026.

ETFIQ Off-Index Score · GLIX scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.3, the highest

A percentile among the 391 thematic ETFs with a holdings filing. All thematic ETFs ranked by it → How it is computed →

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowGLIXUPGRGLIXUPGRGLIXUPGR
3 months−5.9%−14.2%−9.3 pts−17.6 pts−9.6 pts−17.9 pts
6 months−5.3%−9.7%−20.4 pts−24.8 pts−28.5 pts−32.9 pts
1 year+6.4%−11.2%−10.8 pts−28.5 pts−17.2 pts−34.8 pts
3 yearsnot published+13.7%not published−72.1 ptsnot published−93.6 pts
Since launch
GLIX Oct 2025 · UPGR Jul 2023
+6.4%−10.4%−10.8 pts−90.6 pts−17.8 pts−112.2 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

GLIX
Lazard Listed Infrastructure ETF · Holds 27 stocks in infrastructure, 49% of its weight in S&P 500 companies
UPGR
Xtrackers US Green Infrastructure Select Equity ETF · Holds 45 stocks in infrastructure, 23% of its weight in S&P 500 companies
Issuer Lazard Xtrackers
Theme Infrastructure Infrastructure
In the S&P 500 49.3% 22.9%
Active share vs the S&P 500 98.5% 97.4%
In the Nasdaq-100 13.3% 2.4%
Holdings 27 45
Top ten, share of the fund 55.4% 33.8%
Expense ratio 0.96% 0.35%
Fee for the differing part 0.97% 0.36%
Total return, 1 year +6.4% −11.2%
vs the S&P 500 −10.8 pts −28.5 pts
vs the Nasdaq-100 −17.2 pts −34.8 pts
Below its high −7.1% −26.8%
Net assets, GLIX as of Jun 30, 2026 and UPGR as of Oct 8, 2026 $30m $539,786

As of Oct 9, 2026. Source: ETFIQ.

GLIX in plain words

By weight, 49% of GLIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 55% of the fund across 27 positions, as filed for Jun 30, 2026. Over the year to Oct 9, 2026 the fund returned +6.4% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 10.8 pts. It sits 7.1% below its all-time high of Jun 26, 2026.

UPGR in plain words

By weight, 23% of UPGR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 34% of the fund across 45 positions, as filed for May 29, 2026. Over the year to Oct 9, 2026 the fund returned −11.2% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 28.5 pts. It sits 26.8% below its all-time high of Jun 2, 2026.

Questions people ask

Which is more different from the S&P 500, GLIX or UPGR?
GLIX has 49% of its weight in S&P 500 names and UPGR has 23%, so GLIX differs more from the index.
Which is cheaper, GLIX or UPGR?
GLIX charges 0.96% a year and UPGR charges 0.35%, so UPGR is cheaper. Fees come from each fund's prospectus.
Other comparisons
GLIX vs IPAVGLIX vs EFRAGLIX vs RBLDGLIX vs RIFRUPGR vs BILTUPGR vs IPAVUPGR vs BKGIUPGR vs IFRA
GLIX on its own →UPGR on its own →How every figure is computed →Standards and sources →
Where these figures came from
GLIX filings on SEC EDGAR ↗GLIX prospectus with the expense ratio (SEC) ↗Lazard website ↗UPGR filings on SEC EDGAR ↗UPGR prospectus with the expense ratio (SEC) ↗Xtrackers website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

It is a position in a set, not a rating, and neither end of it is a recommendation.

Every figure is an ETFIQ calculation with distributions reinvested.

Cite this page

ETFIQ, GLIX against UPGR, data as of Oct 9, 2026. https://etfiq.com/compare/themes/glix-vs-upgr

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.