ETFIQ
RankingsCompareHoldingsFlowsResearch
Ask ETFIQETF ModelsMy portfolioWeekly note
A
vs
B
Share on XDownload as PDFOpen liveAsk about these two funds

BKGI vs IFRA: which is really different?

IFRA holds 71.7% of its weight in S&P 500 companies and BKGI 23.7%. BNY Mellon Global Infrastructure Income ETF and iShares U.S. Infrastructure ETF.

IFRA costs 0.25 points a year less; their one-year returns differ by 0.6 points; IFRA is 3.0 times larger.

BKGIIFRA
Expense ratio0.55%0.30%
Net assets, BKGI as of Jul 31, 2026 and IFRA as of Oct 8, 2026$1.3bn$4.0bn
Total return, 1 year+10.1%+9.5%
What it tracksInfrastructureInfrastructure
Holdings in commonnot published
S&P 500, total return, 1 year+17.3%
Against the S&P 500, 1 yearbehind by 7.2 ptsbehind by 7.8 pts
Below its all-time high10.0%, high on Jul 24, 202610.6%, high on Jun 25, 2026
23.7%
BKGI in the S&P 500
71.7%
IFRA in the S&P 500
+10.1%
BKGI total return, 1 year
+9.5%
IFRA total return, 1 year
BKGI · 1 year to Oct 9, 202676% of its weight is outside the S&P 500
76% of its weight is outside the S&P 50024% of BKGI's weight is in S&P 500 companies and 76% is outside the index. Holdings as of Jul 31, 2026.24%76%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 57% of the fund · 29 holdings as filed for Jul 31, 2026 · Nasdaq-100: 2% in76% of its weight is outside the S&P 50024% of BKGI's weight is in S&P 500 companies and 76% is outside the index. Holdings as of Jul 31, 2026.24%76%inoutside the S&P 500active share 99% · Nasdaq-100: 2% in

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

IFRA · 1 year to Oct 9, 202628% of its weight is outside the S&P 500
28% of its weight is outside the S&P 50072% of IFRA's weight is in S&P 500 companies and 28% is outside the index. Holdings as of Oct 8, 2026.72%28%of its weight in S&P 500 companiesoutside the S&P 500active share 96% · top ten 33% of the fund · 164 holdings as published by its issuer for Oct 8, 2026 · Nasdaq-100: 11% in28% of its weight is outside the S&P 50072% of IFRA's weight is in S&P 500 companies and 28% is outside the index. Holdings as of Oct 8, 2026.72%28%in the S&P 500outsideactive share 96% · Nasdaq-100: 11% in

72% of IFRA's weight is in S&P 500 companies and 28% is outside the index. Holdings as of Oct 8, 2026.

ETFIQ Off-Index Score · BKGI 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
WindowBKGIIFRABKGIIFRABKGIIFRA
3 months−6.9%−7.3%−10.3 pts−10.6 pts−10.5 pts−10.9 pts
6 months−8.0%−3.9%−23.1 pts−19.1 pts−31.2 pts−27.1 pts
1 year+10.1%+9.5%−7.2 pts−7.8 pts−13.5 pts−14.1 pts
3 years+77.7%+64.5%−8.1 pts−21.3 pts−29.6 pts−42.8 pts
Since launch
BKGI Nov 2022 · IFRA Apr 2018
+92.6%+164.1%−28.4 pts−69.5 pts−102.7 pts−230.2 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
IFRA
iShares U.S. Infrastructure ETF · Holds 164 stocks in infrastructure, 72% of its weight in S&P 500 companies
Issuer BNY Mellon iShares
Theme Infrastructure Infrastructure
In the S&P 500 23.7% 71.7%
Active share vs the S&P 500 99.4% 95.7%
In the Nasdaq-100 1.7% 10.9%
Holdings 29 164
Top ten, share of the fund 57.2% 33.4%
Expense ratio 0.55% 0.30%
Fee for the differing part 0.55% 0.31%
Total return, 1 year +10.1% +9.5%
vs the S&P 500 −7.2 pts −7.8 pts
vs the Nasdaq-100 −13.5 pts −14.1 pts
Below its high −10.0% −10.6%
Net assets, BKGI as of Jul 31, 2026 and IFRA as of Oct 8, 2026 $1.3bn $4.0bn

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.

IFRA in plain words

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 8, 2026. Over the year to Oct 9, 2026 the fund returned +9.5% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 7.8 pts. It sits 10.6% below its all-time high of Jun 25, 2026.

Questions people ask

Which is more different from the S&P 500, BKGI or IFRA?
BKGI has 24% of its weight in S&P 500 names and IFRA has 72%, so BKGI differs more from the index.
Which is cheaper, BKGI or IFRA?
BKGI charges 0.55% a year and IFRA charges 0.30%, so IFRA is cheaper. Fees come from each fund's prospectus.
Other comparisons
BKGI vs IGFBKGI vs PAVEBKGI vs GIIBKGI vs GLIXIFRA vs NFRAIFRA vs IGFIFRA vs TOLZIFRA vs PAVE
BKGI on its own →IFRA 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 ↗IFRA filings on SEC EDGAR ↗IFRA prospectus with the expense ratio (SEC) ↗iShares page for IFRA ↗

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 IFRA, data as of Oct 9, 2026. https://etfiq.com/compare/themes/bkgi-vs-ifra

Open data

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