Data as of Oct 28, 2026.

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Across categories

IFRA vs VOO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IFRA returned +9.4% to VOO's +13.7%, and VOO charges 0.03% to IFRA's 0.30%.

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Net assets: $4.0bn on Oct 27, 2026 for iShares U.S. Infrastructure ETF, and $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

At a glance
+9.4%
IFRA total return, 1 year
+13.7%
VOO total return, 1 year
0.30%
IFRA expense ratio
0.03%
VOO expense ratio

Pair scorecard

VOO costs 0.27 points a year less; their one-year returns differ by 4.3 points; VOO is far larger, $1.0tn against $3.9bn.

IFRA vs VOO: Differences, Returns & Fees
MeasureIFRAVOO
Return
Total return, 1 year+9.4%+13.7%
Drawdown
Below its all-time high9.6%, high on Jun 25, 2026
Benchmark
What it tracksInfrastructureS&P 500 Index
Cost and size
Expense ratio0.30%0.03%
Net assets, as of Sep 30, 2026$3.9bn$1.0tn
Active share vs the S&P 50096%
Holdings
Holdings in common4%
Top ten holdings, share of the fund33%39.1%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Apr 13, 2018 to Oct 23, 2026 · 445 weekly returns
IFRA VOO
Return
Total return edge VOO +163.5% +227.6%
Annualized edge VOO +12.0% +14.9%
Price return edge VOO +121.3% +186.8%
Risk
Volatility edge VOO 21.6% 17.9%
Max drawdown edge VOO −39.2% −31.8%
Risk-adjusted
Sharpe edge VOO 0.50 0.71
Sortino edge VOO 0.72 1.03
Calmar edge VOO 0.31 0.47
Reading

VOO returned more: +227.6% to +163.5%. VOO swung less: 17.9% to 21.6%. VOO fell less at its worst: −31.8% to −39.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IFRA vs VOO: Differences, Returns & Fees
MeasureIFRAVOOEdgeHow it is measured
Return
Total return+163.5%+227.6%VOOPrice change plus distributions, reinvested.
Annualized+12.0%+14.9%VOOTotal return as a yearly rate.
Price return+121.3%+186.8%VOOPrice change alone, distributions left out.
Risk
Volatility21.6%17.9%VOOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation15.1%12.4%VOOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−39.2%−31.8%VOODeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.500.71VOOReturn above Treasury bills per unit of volatility.
Sortino0.721.03VOOReturn above Treasury bills per unit of downside deviation.
Calmar0.310.47VOOAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 445 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

4%

By the books each fund has filed, IFRA and VOO hold 4% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

4% in common

Positions both hold · largest shared weight first IFRA VOO
CATERPILLAR INC 3.59% 0.57%
UNION PACIFIC 4.24% 0.25%
NEXTERA ENERGY 4.04% 0.24%
QUANTA SERVICES INC 3.39% 0.15%
SOUTHERN 3.09% 0.14%
DUKE ENERGY CORP 2.82% 0.14%
CSX 3.81% 0.13%
CONSTELLATION ENERGY CORP 2.55% 0.13%
WILLIAMS 2.62% 0.13%
NORFOLK SOUTHERN CORP 3.00% 0.10%
AMERICAN ELECTRIC POWER INC 2.06% 0.10%
UNITED RENTALS 2.84% 0.10%
Only in one fund ↓
Only in IFRA
TC ENERGY 1.82%
ATI 0.88%
RELIANCE STEEL & ALUMINUM 0.87%
FORTIS 0.85%
AMRIZE AG 0.78%
API GROUP 0.61%
JAMES HARDIE INDUSTRIES PLC 0.60%
CARPENTER TECHNOLOGY 0.55%
Only in VOO
NVIDIA Corp 8.40%
Apple Inc 7.39%
Microsoft Corp 5.79%
Amazon.com Inc 3.72%
Alphabet Inc 3.07%
Broadcom Inc 2.54%
Alphabet Inc 2.46%
Meta Platforms Inc 2.43%
Check overlap with more funds →

Side by side

IFRA iShares U.S. Infrastructure ETF VOO Vanguard S&P 500 ETF
Where it sits Thematic ETF Stock ETF
What it is Infrastructure Tracks the S&P 500
Total return, 1 year +9.4% +13.7%
Its benchmark over the same days not measured +13.7% (IVV)
Gap to its benchmark not measured 0.0 pts vs IVV
Expense ratio 0.30% 0.03%
Already in the S&P 500 72.1% 99.7%
Holdings 164 507
Net assets, IFRA as of Oct 27, 2026 and VOO as of Sep 30, 2026 $4.0bn $1.0tn

IFRA and VOO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-3E4B1B4D45

IFRA and VOO do different jobs. What does each one do in a portfolio?

  1. What each follows. IFRA follows Infrastructure and VOO follows S&P 500 Index.
  2. Holdings in common. 4% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 IFRA returned +9.4% and VOO +13.7% with distributions reinvested, a gap of 4.3 points.

Data as of Oct 28, 2026.

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About each fund
IFRA

By weight, 72% of IFRA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 33% of the fund across 164 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +9.4% with distributions reinvested. It sits 9.6% below its all-time high of Jun 25, 2026.

VOO

VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

Questions people ask

Are IFRA and VOO in the same category?
IFRA is a thematic ETF and VOO is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IFRA or VOO?
In the year to Oct 28, 2026, with distributions reinvested, IFRA returned +9.4% and VOO +13.7%.
Which is cheaper, IFRA or VOO?
VOO is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IFRA and VOO overlap with the S&P 500?
By their latest filed holdings, 72% of IFRA and 100% of VOO by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, IFRA against VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/ifra-vs-voo

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