GLIX vs MBND

Comparison between LAZARD LISTED INFRASTRUCTURE ETF (GLIX, ETF) and STATE STREET(R) NUVEEN MUNICIPAL BOND ETF (MBND, ETF).

GLIX vs MBND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GLIX(ETF)	MBND(ETF)
Net Assets	$28M	$27M
Expense Ratio	0.96%	0.40%
Max Drawdown	8.25%	15.51%
Sharpe Ratio	1.20	0.57
5Y Beta	0.17	0.01
P/E Ratio	22.19	N/A
Forward P/E	20.01	N/A
PEG Ratio	1.14	N/A
5Y Dividends CAGR	N/A	60.54%
5Y EPS CAGR	6.39%	N/A
Debt to Equity	73.42%	N/A
P/S Ratio	3.28	N/A
P/B Ratio	2.52	N/A

Net Assets

Winner

GLIX

$28M

MBND

$27M

Expense Ratio

GLIX

0.96%

Winner

MBND

0.40%

Max Drawdown

Winner

GLIX

8.25%

MBND

15.51%

Sharpe Ratio

Winner

GLIX

1.20

MBND

0.57

5Y Beta

GLIX

0.17

Winner

MBND

0.01

P/E Ratio

GLIX

22.19

MBND

N/A

Forward P/E

GLIX

20.01

MBND

N/A

PEG Ratio

GLIX

1.14

MBND

N/A

5Y Dividends CAGR

GLIX

N/A

MBND

60.54%

5Y EPS CAGR

GLIX

6.39%

MBND

N/A

Debt to Equity

GLIX

73.42%

MBND

N/A

P/S Ratio

GLIX

3.28

MBND

N/A

P/B Ratio

GLIX

2.52

MBND

N/A

GLIX vs MBND - Historical Returns

Returns include dividend reinvestment.

Period	GLIX	MBND
1 month	+1.10%	+0.57%
3 months	+0.78%	-0.17%
6 months	+11.59%	+1.45%
1 year	N/A	+5.00%
5 years(CAGR)	N/A	+0.62%
Max(CAGR)	+18.80%	+0.70%

Winner

GLIX

+1.10%

MBND

+0.57%

Winner

GLIX

+0.78%

MBND

-0.17%

Winner

GLIX

+11.59%

MBND

+1.45%

GLIX

N/A

MBND

+5.00%

5Y(CAGR)

GLIX

N/A

MBND

+0.62%

Max(CAGR)

Winner

GLIX

+18.80%

MBND

+0.70%

GLIX vs MBND - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	GLIX	MBND
2026	+10.97%	+1.06%
2025	+0.50%	+2.79%
2024	N/A	+2.86%
2023	N/A	+5.48%
2022	N/A	-8.57%
2021	N/A	+0.59%

GLIX vs MBND Drawdown Comparison

The maximum drawdown for GLIX was -7.81%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for MBND was -13.18%, occurring on Oct 25, 2022. Recovery took 1033 trading sessions.

The current GLIX drawdown is -1.84%. The current MBND drawdown is -0.64%.

Rank	GLIX	MBND
#1	-7.81% Mar 2, 2026 - Mar 20, 2026	-13.18% Aug 3, 2021 - Sep 15, 2025
#2	-2.63% Nov 28, 2025 - Jan 16, 2026	-2.44% Feb 27, 2026 - Mar 27, 2026
#3	-2.53% Nov 12, 2025 - Nov 28, 2025	-2.07% Feb 11, 2021 - Jun 4, 2021
#4	-2.41% Oct 20, 2025 - Nov 12, 2025	-0.80% Sep 17, 2025 - Oct 15, 2025
#5	-1.73% Jan 16, 2026 - Jan 27, 2026	-0.57% Nov 12, 2025 - Jan 5, 2026
#6	-1.20% Feb 17, 2026 - Feb 23, 2026	-0.53% Jun 14, 2021 - Jul 8, 2021
#7	-0.76% Oct 8, 2025 - Oct 14, 2025	-0.33% Oct 27, 2025 - Nov 12, 2025
#8	-0.69% Jan 27, 2026 - Jan 29, 2026	-0.24% Jan 16, 2026 - Jan 30, 2026
#9	-0.53% Feb 24, 2026 - Feb 27, 2026	-0.13% Jul 8, 2021 - Jul 15, 2021
#10	-0.38% Feb 4, 2026 - Feb 6, 2026	-0.10% Jul 20, 2021 - Jul 28, 2021
#11	-0.28% Jan 29, 2026 - Feb 3, 2026	-0.10% Feb 19, 2026 - Feb 24, 2026
#12	-0.28% Oct 15, 2025 - Oct 17, 2025	-0.09% Feb 12, 2026 - Feb 17, 2026
#13	N/A	-0.08% Jul 28, 2021 - Aug 3, 2021
#14	N/A	-0.03% Feb 10, 2026 - Feb 12, 2026
#15	N/A	-0.03% Jan 30, 2026 - Feb 4, 2026