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BKGI vs RBLD: which is really different?

RBLD holds 81.8% of its weight in S&P 500 companies and BKGI 23.7%. BNY Mellon Global Infrastructure Income ETF and First Trust Alerian U.S. NextGen Infrastructure ETF.

BKGI costs 0.10 points a year less; their one-year returns differ by 3.6 points; BKGI is far larger, $1.3bn against $42m.

BKGIRBLD
Expense ratio0.55%0.65%
Net assets, BKGI as of Jul 31, 2026 and RBLD as of Oct 8, 2026$1.3bn$42m
Total return, 1 year+10.1%+13.7%
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 3.5 pts
Below its all-time high10.0%, high on Jul 24, 20265.2%, high on Jun 25, 2026
23.7%
BKGI in the S&P 500
81.8%
RBLD in the S&P 500
+10.1%
BKGI total return, 1 year
+13.7%
RBLD 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.

RBLD · 1 year to Oct 9, 202618% of its weight is outside the S&P 500
18% of its weight is outside the S&P 50082% of RBLD's weight is in S&P 500 companies and 18% is outside the index. Holdings as of Oct 8, 2026.82%18%of its weight in S&P 500 companiesoutside the S&P 500active share 92% · top ten 13% of the fund · 101 holdings as published by its issuer for Oct 8, 2026 · Nasdaq-100: 8% in18% of its weight is outside the S&P 50082% of RBLD's weight is in S&P 500 companies and 18% is outside the index. Holdings as of Oct 8, 2026.82%18%in the S&P 50018% of its weight outside the S&P 500active share 92% · Nasdaq-100: 8% in

82% of RBLD's weight is in S&P 500 companies and 18% 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
WindowBKGIRBLDBKGIRBLDBKGIRBLD
3 months−6.9%−3.6%−10.3 pts−6.9 pts−10.5 pts−7.2 pts
6 months−8.0%+0.8%−23.1 pts−14.3 pts−31.2 pts−22.4 pts
1 year+10.1%+13.7%−7.2 pts−3.5 pts−13.5 pts−9.9 pts
3 years+77.7%+74.0%−8.1 pts−11.8 pts−29.6 pts−33.3 pts
Since launch
BKGI Nov 2022 · RBLD Oct 2008
+92.6%+323.0%−28.4 pts−735.4 pts−102.7 pts−2,277.8 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
RBLD
First Trust Alerian U.S. NextGen Infrastructure ETF · Holds 101 stocks in infrastructure, 82% of its weight in S&P 500 companies
Issuer BNY Mellon First Trust
Theme Infrastructure Infrastructure
In the S&P 500 23.7% 81.8%
Active share vs the S&P 500 99.4% 91.8%
In the Nasdaq-100 1.7% 8.0%
Holdings 29 101
Top ten, share of the fund 57.2% 12.6%
Expense ratio 0.55% 0.65%
Fee for the differing part 0.55% 0.71%
Total return, 1 year +10.1% +13.7%
vs the S&P 500 −7.2 pts −3.5 pts
vs the Nasdaq-100 −13.5 pts −9.9 pts
Below its high −10.0% −5.2%
Net assets, BKGI as of Jul 31, 2026 and RBLD as of Oct 8, 2026 $1.3bn $42m

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.

RBLD in plain words

By weight, 82% of RBLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 13% of the fund across 101 positions, as published by its issuer for Oct 8, 2026. Over the year to Oct 9, 2026 the fund returned +13.7% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 3.5 pts. It sits 5.2% below its all-time high of Jun 25, 2026.

Questions people ask

Which is more different from the S&P 500, BKGI or RBLD?
BKGI has 24% of its weight in S&P 500 names and RBLD has 82%, so BKGI differs more from the index.
Which is cheaper, BKGI or RBLD?
BKGI charges 0.55% a year and RBLD charges 0.65%, so BKGI is cheaper. Fees come from each fund's prospectus.
Other comparisons
BKGI vs PAVEBKGI vs RIFRBKGI vs CSIOBKGI vs GLIXRBLD vs EFRARBLD vs UPGRRBLD vs GIIRBLD vs NFRA
BKGI on its own →RBLD 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 ↗RBLD filings on SEC EDGAR ↗RBLD prospectus with the expense ratio (SEC) ↗First Trust page for RBLD ↗

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

Open data

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