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BLDX vs NGIF: which is really different?

NGIF holds 50.1% of its weight in S&P 500 companies and BLDX 36.0%. Impax Global Sustainable Infrastructure ETF and Nuveen Global Infrastructure Fund: ETF Class Shares.

BLDX costs 0.28 points a year less.

BLDXNGIF
Expense ratio0.60%0.88%
Net assets$118mnot read by ETFIQ
What it tracksInfrastructureInfrastructure
Holdings in commonnot published
S&P 500, total return, since Feb 2, 2026+12.8%
S&P 500, total return, since Jun 3, 2026+3.8%
Against the S&P 500, since Feb 2, 2026behind by 13.4 pts
Against the S&P 500, since Jun 3, 2026behind by 8.3 pts
Below its all-time high9.7%, high on Apr 8, 20268.6%, high on Jun 26, 2026
36.0%
BLDX in the S&P 500
50.1%
NGIF in the S&P 500
−0.6%
BLDX total return, since launch
−4.5%
NGIF total return, since launch
BLDX · 6 months to Oct 9, 202664% of its weight is outside the S&P 500
64% of its weight is outside the S&P 50036% of BLDX's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jun 30, 2026.36%64%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 97% · top ten 40% of the fund · 38 holdings as filed for Jun 30, 2026 · Nasdaq-100: 3% in64% of its weight is outside the S&P 50036% of BLDX's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jun 30, 2026.36%64%inoutside the S&P 500active share 97% · Nasdaq-100: 3% in

36% of BLDX's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jun 30, 2026.

NGIF · 3 months to Oct 9, 202650% of its weight is outside the S&P 500
50% of its weight is outside the S&P 50050% of NGIF's weight is in S&P 500 companies and 50% is outside the index. Holdings as of Jun 30, 2026.50%50%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 39% of the fund · 66 holdings as filed for Jun 30, 2026 · Nasdaq-100: 12% in50% of its weight is outside the S&P 50050% of NGIF's weight is in S&P 500 companies and 50% is outside the index. Holdings as of Jun 30, 2026.50%50%in the S&P 500outside the S&P 500active share 98% · Nasdaq-100: 12% in

50% of NGIF's weight is in S&P 500 companies and 50% is outside the index. Holdings as of Jun 30, 2026.

ETFIQ Off-Index Score · NGIF 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
WindowBLDXNGIFBLDXNGIFBLDXNGIF
3 months−5.3%−7.8%−8.6 pts−11.2 pts−8.9 pts−11.5 pts
6 months−6.8%not published−22.0 ptsnot published−30.0 ptsnot published
Since launch
BLDX Feb 2026 · NGIF Jun 2026
−0.6%−4.5%−13.4 pts−8.3 pts−21.0 pts−5.7 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

BLDX
Impax Global Sustainable Infrastructure ETF · Holds 38 stocks in infrastructure, 36% of its weight in S&P 500 companies
NGIF
Nuveen Global Infrastructure Fund: ETF Class Shares · Holds 66 stocks in infrastructure, 50% of its weight in S&P 500 companies
Issuer Impax Nuveen
Theme Infrastructure Infrastructure
In the S&P 500 36.0% 50.1%
Active share vs the S&P 500 96.6% 97.7%
In the Nasdaq-100 3.3% 11.7%
Holdings 38 66
Top ten, share of the fund 39.6% 39.1%
Expense ratio 0.60% 0.88%
Fee for the differing part 0.62% 0.90%
Total return, 1 year −0.6% (since it first traded on Feb 2, 2026) −4.5% (since it first traded on Jun 3, 2026)
vs the S&P 500 −13.4 pts −8.3 pts
vs the Nasdaq-100 −21.0 pts −5.7 pts
Below its high −9.7% −8.6%
Net assets $118m not read by ETFIQ

As of Oct 9, 2026. Source: ETFIQ.

BLDX in plain words

By weight, 36% of BLDX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 40% of the fund across 38 positions, as filed for Jun 30, 2026. Since it first traded on Feb 2, 2026 the fund returned −0.6% with distributions reinvested against +12.8% for the S&P 500, so a holder was behind by 13.4 pts. It sits 9.7% below its all-time high of Apr 8, 2026.

NGIF in plain words

By weight, 50% of NGIF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 39% of the fund across 66 positions, as filed for Jun 30, 2026. Since it first traded on Jun 3, 2026 the fund returned −4.5% with distributions reinvested against +3.8% for the S&P 500, so a holder was behind by 8.3 pts. It sits 8.6% below its all-time high of Jun 26, 2026.

Questions people ask

Which is more different from the S&P 500, BLDX or NGIF?
BLDX has 36% of its weight in S&P 500 names and NGIF has 50%, so NGIF differs more from the index.
Which is cheaper, BLDX or NGIF?
BLDX charges 0.60% a year and NGIF charges 0.88%, so BLDX is cheaper. Fees come from each fund's prospectus.
Other comparisons
BLDX vs CSIOBLDX vs EFRABLDX vs GIIBLDX vs GLIXNGIF vs TOLZNGIF vs CSIONGIF vs RIFRNGIF vs RBLD
BLDX on its own →NGIF on its own →How every figure is computed →Standards and sources →
Where these figures came from
BLDX filings on SEC EDGAR ↗BLDX prospectus with the expense ratio (SEC) ↗Impax website ↗NGIF filings on SEC EDGAR ↗NGIF prospectus with the expense ratio (SEC) ↗

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, BLDX against NGIF, data as of Oct 9, 2026. https://etfiq.com/compare/themes/bldx-vs-ngif

Open data

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