Which is more different from the S&P 500, BKGI or EFRA?

BKGI has 24% of its weight in S&P 500 names and EFRA has 26%, so EFRA differs more from the index.

Which is cheaper, BKGI or EFRA?

BKGI charges 0.55% a year and EFRA charges 0.47%, so EFRA is cheaper. Fees come from each fund's prospectus.

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BKGI vs EFRA: which is really different?

EFRA holds 25.8% of its weight in S&P 500 companies and BKGI 23.7%. BNY Mellon Global Infrastructure Income ETF and iShares Environmental Infrastructure and Industrials ETF.

EFRA costs 0.08 points a year less; their one-year returns differ by 4.5 points; BKGI is far larger, $1.3bn against $5m.

	BKGI	EFRA
Expense ratio	0.55%	0.47%
Net assets, BKGI as of Jul 31, 2026 and EFRA as of Oct 8, 2026	$1.3bn	$5m
Total return, 1 year	+10.1%	+5.6%
What it tracks	Infrastructure	Infrastructure
Holdings in common	not published
S&P 500, total return, 1 year	+17.3%
Against the S&P 500, 1 year	behind by 7.2 pts	behind by 11.6 pts
Below its all-time high	10.0%, high on Jul 24, 2026	6.6%, high on Feb 27, 2026

23.7%

BKGI in the S&P 500

25.8%

EFRA in the S&P 500

+10.1%

BKGI total return, 1 year

+5.6%

EFRA total return, 1 year

BKGI · 1 year to Oct 9, 202676% of its weight is outside the S&P 500

24% of BKGI's weight is in S&P 500 companies and 76% is outside the index. Holdings as of Jul 31, 2026.

EFRA · 1 year to Oct 9, 202674% of its weight is outside the S&P 500

26% of EFRA's weight is in S&P 500 companies and 74% is outside the index. Holdings as of Oct 8, 2026.

ETFIQ Off-Index Score · EFRA scores higherHow much of it is not the index it is sold as an alternative to?

BKGI 68.8

EFRA 79.2

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 return		vs the S&P 500		vs the Nasdaq-100
Window	BKGI	EFRA	BKGI	EFRA	BKGI	EFRA
3 months	−6.9%	−3.1%	−10.3 pts	−6.5 pts	−10.5 pts	−6.8 pts
6 months	−8.0%	−3.5%	−23.1 pts	−18.6 pts	−31.2 pts	−26.6 pts
1 year	+10.1%	+5.6%	−7.2 pts	−11.6 pts	−13.5 pts	−18.0 pts
3 years	+77.7%	+46.4%	−8.1 pts	−39.4 pts	−29.6 pts	−60.9 pts
Since launch BKGI Nov 2022 · EFRA Nov 2022	+92.6%	+59.5%	−28.4 pts	−61.6 pts	−102.7 pts	−135.8 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

BKGI

BNY Mellon Global Infrastructure Income ETF · Holds 29 stocks in infrastructure, 24% of its weight in S&P 500 companies

EFRA

iShares Environmental Infrastructure and Industrials ETF · Holds 79 stocks in infrastructure, 26% of its weight in S&P 500 companies

Issuer BNY Mellon iShares

Theme Infrastructure Infrastructure

In the S&P 500 23.7% 25.8%

Active share vs the S&P 500 99.4% 99.8%

In the Nasdaq-100 1.7% 0.0%

Holdings 29 79

Top ten, share of the fund 57.2% 51.3%

Expense ratio 0.55% 0.47%

Fee for the differing part 0.55% 0.47%

Total return, 1 year +10.1% +5.6%

vs the S&P 500 −7.2 pts −11.6 pts

vs the Nasdaq-100 −13.5 pts −18.0 pts

Below its high −10.0% −6.6%

Net assets, BKGI as of Jul 31, 2026 and EFRA as of Oct 8, 2026 $1.3bn $5m

As of Oct 9, 2026. Source: ETFIQ.

BKGI in plain words

By weight, 24% of BKGI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 57% of the fund across 29 positions, as filed for Jul 31, 2026. Over the year to Oct 9, 2026 the fund returned +10.1% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 7.2 pts. It sits 10.0% below its all-time high of Jul 24, 2026.

EFRA in plain words

By weight, 26% of EFRA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 51% of the fund across 79 positions, as published by its issuer for Oct 8, 2026. Over the year to Oct 9, 2026 the fund returned +5.6% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 11.6 pts. It sits 6.6% below its all-time high of Feb 27, 2026.

Questions people ask

Which is more different from the S&P 500, BKGI or EFRA?: BKGI has 24% of its weight in S&P 500 names and EFRA has 26%, so EFRA differs more from the index.
Which is cheaper, BKGI or EFRA?: BKGI charges 0.55% a year and EFRA charges 0.47%, so EFRA is cheaper. Fees come from each fund's prospectus.

Other comparisons

BKGI vs IPAV BKGI vs GLIX BKGI vs RBLD BKGI vs CSIO EFRA vs NGIF EFRA vs GII EFRA vs NFRA EFRA vs IFRA

BKGI on its own →EFRA on its own →How every figure is computed →Standards and sources →

Where these figures came from

BKGI filings on SEC EDGAR ↗BKGI prospectus with the expense ratio (SEC) ↗BNY Mellon website ↗EFRA filings on SEC EDGAR ↗EFRA prospectus with the expense ratio (SEC) ↗iShares page for EFRA ↗

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, BKGI against EFRA, data as of Oct 9, 2026. https://etfiq.com/compare/themes/bkgi-vs-efra

Open data

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