GII vs AIPO

Comparison between STATE STREET(R) SPDR(R) S&P(R) GLOBAL INFRASTRUCTURE ETF (GII, ETF) and DEFIANCE AI & POWER INFRASTRUCTURE ETF (AIPO, ETF).

GII vs AIPO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GII(ETF)	AIPO(ETF)
Net Assets	$962M	$958M
Expense Ratio	0.40%	0.69%
Max Drawdown	53.63%	17.31%
Sharpe Ratio	1.20	1.20
5Y Beta	0.41	2.09
P/E Ratio	N/A	-306.39
Forward P/E	N/A	29.53
5Y Dividends CAGR	10.87%	N/A
5Y EPS CAGR	N/A	25.83%
Debt to Equity	N/A	60.38%
P/S Ratio	N/A	4.42
P/B Ratio	N/A	5.79

Net Assets

Winner

GII

$962M

AIPO

$958M

Expense Ratio

Winner

GII

0.40%

AIPO

0.69%

Max Drawdown

GII

53.63%

Winner

AIPO

17.31%

Sharpe Ratio

GII

1.20

Winner

AIPO

1.20

5Y Beta

Winner

GII

0.41

AIPO

2.09

P/E Ratio

GII

N/A

AIPO

-306.39

Forward P/E

GII

N/A

AIPO

29.53

5Y Dividends CAGR

GII

10.87%

AIPO

N/A

5Y EPS CAGR

GII

N/A

AIPO

25.83%

Debt to Equity

GII

N/A

AIPO

60.38%

P/S Ratio

GII

N/A

AIPO

4.42

P/B Ratio

GII

N/A

AIPO

5.79

GII vs AIPO - Holdings Comparison

GII and AIPO have 7 common holdings. Overlap is 7.05%

GII's top 25 holdings weight is 70.34%. AIPO's top 25 holdings weight is 78.77%.

Rank	GII	AIPO
#1	TRANSURBAN GROUP (n/a) - 5.24%	GE VERNOVA INC (GEV) - 9.53%
#2	AENA SME SA (n/a) - 5.13%	VERTIV HOLDINGS CO CLASS A (VRT) - 8.33%
#3	NEXTERA ENERGY INC (NEE) - 4.98%	EATON CORP PLC (ETN) - 8.21%
#4	ENBRIDGE INC (n/a) - 4.21%	QUANTA SERVICES INC (PWR) - 7.66%
#5	IBERDROLA SA (n/a) - 4.05%	BLOOM ENERGY CORP CLASS A (BE) - 4.40%
#6	n/a (PAC) - 3.58%	BROADCOM INC (AVGO) - 4.07%
#7	AUCKLAND INTERNATIONAL AIRPORT LTD (n/a) - 3.26%	NVIDIA CORP (NVDA) - 3.98%
#8	WILLIAMS COMPANIES INC (WMB) - 3.12%	CAMECO CORP (n/a) - 3.62%
#9	SOUTHERN CO (SO) - 2.86%	CONSTELLATION ENERGY CORP (CEG) - 3.52%
#10	DUKE ENERGY CORP (DUK) - 2.65%	ADVANCED MICRO DEVICES INC (AMD) - 2.57%
#11	GETLINK SE ACT. PROVENANT REGROUPEMENT (n/a) - 2.56%	DOMINION ENERGY INC (D) - 2.02%
#12	ENEL SPA (n/a) - 2.47%	NVENT ELECTRIC PLC (NVT) - 1.97%
#13	TC ENERGY CORP (TRP) - 2.47%	VISTRA CORP (VST) - 1.96%
#14	NATIONAL GRID PLC (n/a) - 2.27%	XCEL ENERGY INC (XEL) - 1.96%
#15	CONSTELLATION ENERGY CORP (CEG) - 2.21%	HUBBELL INC (HUBB) - 1.93%
#16	KINDER MORGAN INC CLASS P (KMI) - 2.17%	MASTEC INC (MTZ) - 1.93%
#17	FLUGHAFEN ZUERICH AG (n/a) - 2.16%	OTHER ASSETS AND LIABILITIES (n/a) - 1.68%
#18	TARGA RESOURCES CORP (TRGP) - 2.05%	STERLING INFRASTRUCTURE INC (STRL) - 1.56%
#19	ONEOK INC (OKE) - 1.97%	PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) - 1.53%
#20	AMERICAN ELECTRIC POWER CO INC (AEP) - 1.97%	BWX TECHNOLOGIES INC (BWXT) - 1.33%
#21	CHENIERE ENERGY INC (LNG) - 1.89%	PG&E CORP (PCG) - 1.28%
#22	n/a (ASR) - 1.88%	GENERAC HOLDINGS INC (GNRC) - 1.17%
#23	AEROPORTS DE PARIS SA (n/a) - 1.86%	VALMONT INDUSTRIES INC (VMI) - 0.90%
#24	DOMINION ENERGY INC (D) - 1.67%	DYCOM INDUSTRIES INC (DY) - 0.87%
#25	SEMPRA (SRE) - 1.66%	ARGAN INC (AGX) - 0.79%
Total Holdings	89	85

GII vs AIPO - Historical Returns

Returns include dividend reinvestment.

Period	GII	AIPO
1 month	+1.50%	-7.89%
3 months	+1.50%	-0.42%
6 months	+8.28%	+24.93%
1 year	+16.61%	+49.70%
5 years(CAGR)	+11.38%	N/A
10 years(CAGR)	+8.21%	N/A
Max(CAGR)	+5.59%	+50.07%

Winner

GII

+1.50%

AIPO

-7.89%

Winner

GII

+1.50%

AIPO

-0.42%

GII

+8.28%

Winner

AIPO

+24.93%

GII

+16.61%

Winner

AIPO

+49.70%

5Y(CAGR)

GII

+11.38%

AIPO

N/A

10Y(CAGR)

GII

+8.21%

AIPO

N/A

Max(CAGR)

GII

+5.59%

Winner

AIPO

+50.07%

GII vs AIPO - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GII	AIPO
2026	+10.12%	+31.62%
2025	+20.61%	+8.68%
2024	+14.63%	N/A
2023	+6.04%	N/A
2022	-1.00%	N/A
2021	+12.17%	N/A
2020	-6.41%	N/A
2019	+26.05%	N/A
2018	-10.61%	N/A
2017	+18.55%	N/A
2016	+14.30%	N/A
2015	-11.35%	N/A
2014	+13.82%	N/A
2013	+14.95%	N/A
2012	+4.68%	N/A
2011	-0.35%	N/A
2010	-0.24%	N/A
2009	+7.15%	N/A
2008	-29.26%	N/A
2007	+21.35%	N/A

GII vs AIPO Drawdown Comparison

The maximum drawdown for GII was -50.97%, occurring on Mar 9, 2009. Recovery took 1627 trading sessions.

The maximum drawdown for AIPO was -17.31%, occurring on Dec 17, 2025. Recovery took 71 trading sessions.

The current GII drawdown is -1.57%. The current AIPO drawdown is -12.37%.

Rank	GII	AIPO
#1	-50.97% Dec 6, 2007 - May 27, 2014	-17.31% Oct 29, 2025 - Feb 11, 2026
#2	-42.84% Feb 19, 2020 - Oct 20, 2021	-16.02% Jun 22, 2026 - Jul 17, 2026
#3	-23.16% Apr 24, 2015 - Sep 8, 2016	-13.47% Jun 2, 2026 - Jun 22, 2026
#4	-20.67% Apr 20, 2022 - May 7, 2024	-11.21% Feb 25, 2026 - Apr 9, 2026
#5	-14.62% Jan 26, 2018 - Mar 18, 2019	-9.21% Oct 15, 2025 - Oct 29, 2025
#6	-11.44% Sep 8, 2016 - Mar 22, 2017	-8.87% May 14, 2026 - Jun 2, 2026
#7	-10.55% Sep 5, 2014 - Apr 24, 2015	-6.14% Aug 12, 2025 - Sep 10, 2025
#8	-9.70% Jun 1, 2007 - Sep 27, 2007	-4.26% May 6, 2026 - May 14, 2026
#9	-8.78% Apr 2, 2025 - Apr 17, 2025	-3.64% Sep 22, 2025 - Oct 1, 2025
#10	-7.26% Nov 29, 2024 - Jan 21, 2025	-3.41% Apr 24, 2026 - Apr 30, 2026
#11	-7.09% Nov 5, 2021 - Jan 12, 2022	-3.02% Oct 9, 2025 - Oct 13, 2025
#12	-5.94% Feb 27, 2026 - Mar 20, 2026	-2.24% Jul 30, 2025 - Aug 12, 2025
#13	-5.79% Jul 11, 2019 - Oct 23, 2019	-1.96% Feb 11, 2026 - Feb 19, 2026
#14	-5.79% Feb 26, 2007 - Mar 21, 2007	-1.14% Oct 6, 2025 - Oct 8, 2025
#15	-5.73% Jul 24, 2014 - Sep 3, 2014	-1.06% Apr 20, 2026 - Apr 22, 2026

Correlation

Correlation between GII and AIPO is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79

-101

Dividend Comparison (2007 - 2026)

GII vs AIPO dividend yield comparison.

Year	GII	AIPO
2026	1.02%	0.00%
2025	3.17%	0.01%
2024	3.23%	0.00%
2023	3.70%	0.00%
2022	3.07%	0.00%
2021	2.37%	0.00%
2020	2.66%	0.00%
2019	3.39%	0.00%
2018	3.31%	0.00%
2017	3.38%	0.00%
2016	3.11%	0.00%
2015	3.54%	0.00%
2014	3.12%	0.00%
2013	4.12%	0.00%
2012	3.22%	0.00%
2011	4.59%	0.00%
2010	3.81%	0.00%
2009	3.85%	0.00%
2008	3.62%	0.00%
2007	1.88%	0.00%