Do EFRA and IFRA hold the same stocks?

By their latest filings, 2% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.

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

EFRA has 26% of its weight in S&P 500 names and IFRA has 71%, so EFRA differs more from the index.

Which is cheaper, EFRA or IFRA?

EFRA charges 0.47% a year and IFRA charges 0.30%, so IFRA is cheaper. Fees come from each fund's prospectus.

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EFRA vs IFRA: which is really different?

EFRA and IFRA hold 2% of their weight in the same names, and IFRA returned +6.1% over the year. iShares Environmental Infrastructure and Industrials ETF and iShares U.S. Infrastructure ETF.

26.4%

EFRA in the S&P 500

71.3%

IFRA in the S&P 500

+3.8%

EFRA total return, 1 year

+6.1%

IFRA total return, 1 year

EFRA · 1 year to Sep 30, 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

IFRA · 1 year to Sep 30, 202629% of its weight is outside the S&P 500

71% of IFRA's weight is in S&P 500 companies and 29% is outside the index

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

EFRA 78.3

IFRA 35.6

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, EFRA and IFRA hold 2% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 29, 2026.

50%

half

2% in common

Positions both hold, largest shared weight first

Holding EFRA IFRA

AMERICAN WATER WORKS 5.73% 0.78%

ADVANCED DRAINAGE SYSTEMS INC 2.63% 0.37%

TETRA TECH 2.46% 0.35%

ESSENTIAL UTILITIES INC 3.18% 0.34%

STANTEC 2.19% 0.31%

INGEVITY 0.71% 0.10%

AMERICAN STATES WATER 0.91% 0.10%

CALIFORNIA WATER SERVICE GROUP 0.80% 0.09%

H2O AMERICA 0.61% 0.07%

CAD CASH 0.01% 0.02%

BLK CSH FND TREASURY SL AGENCY 0.00% 0.08%

USD CASH 0.06% 0.00%

Only in EFRA

VERALTO CORP 6.24%

WESTINGHOUSE AIR BRAKE TECHNOLOGIE 6.24%

SMURFIT WESTROCK PLC 6.23%

VEOLIA ENVIRON. SA 5.84%

XYLEM INC 5.73%

CLEAN HARBORS INC 4.52%

UNITED UTILITIES GROUP PLC 3.96%

COMPANHIA DE SANEAMENTO BASICO DE 3.46%

Only in IFRA

CATERPILLAR INC 4.32%

UNION PACIFIC 4.02%

QUANTA SERVICES INC 3.96%

NEXTERA ENERGY 3.87%

CSX 3.55%

SOUTHERN 2.89%

NORFOLK SOUTHERN CORP 2.87%

CONSTELLATION ENERGY CORP 2.71%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

2% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	EFRA	IFRA	EFRA	IFRA	EFRA	IFRA
3 months	−3.9%	−10.7%	−6.4 pts	−13.2 pts	−6.0 pts	−12.8 pts
6 months	−0.9%	−3.9%	−17.8 pts	−20.9 pts	−27.7 pts	−30.8 pts
1 year	+3.8%	+6.1%	−11.9 pts	−9.7 pts	−20.0 pts	−17.7 pts
3 years	+44.6%	+59.0%	−40.3 pts	−26.0 pts	−65.3 pts	−51.0 pts
Since launch EFRA Nov 2022 · IFRA Apr 2018	+57.3%	+155.0%	−59.2 pts	−71.8 pts	−133.5 pts	−231.8 pts

EFRA and IFRA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

EFRA

iShares Environmental Infrastructure and Industrials ETF · Holds 100 stocks in infrastructure, 26% of its weight in S&P 500 companies

IFRA

iShares U.S. Infrastructure ETF · Holds 168 stocks in infrastructure, 71% of its weight in S&P 500 companies

Issuer iShares iShares

Theme Infrastructure Infrastructure

In the S&P 500 26.4% 71.3%

Active share vs the S&P 500 99.8% 95.7%

In the Nasdaq-100 0.0% 10.8%

Holdings 100 168

Top ten, share of the fund 51.1% 33.4%

Expense ratio 0.47% 0.30%

Fee for the differing part 0.47% 0.31%

Total return, 1 year +3.8% +6.1%

vs the S&P 500 −11.9 pts −9.7 pts

vs the Nasdaq-100 −20.0 pts −17.7 pts

Below its high −7.9% −13.7%

Net assets $5m $3.9bn

EFRA and IFRA on the same fields, as of Sep 30, 2026. Source: ETFIQ.

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 100 positions, as published by its issuer for Sep 29, 2026. Over the year to Sep 30, 2026 the fund returned +3.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 11.9 pts. It sits 7.9% below its all-time high of Feb 27, 2026.

IFRA in plain words

By weight, 71% 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 168 positions, as published by its issuer for Sep 29, 2026. Over the year to Sep 30, 2026 the fund returned +6.1% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 9.7 pts. It sits 13.7% below its all-time high of Jun 25, 2026.

Questions people ask

Do EFRA and IFRA hold the same stocks?: By their latest filings, 2% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, EFRA or IFRA?: EFRA has 26% of its weight in S&P 500 names and IFRA has 71%, so EFRA differs more from the index.
Which is cheaper, EFRA or IFRA?: EFRA charges 0.47% a year and IFRA charges 0.30%, so IFRA is cheaper. Fees come from each fund's prospectus.

Other comparisons

EFRA vs IPAV EFRA vs RBLD EFRA vs UPGR EFRA vs PAVE IFRA vs IPAV IFRA vs ITA IFRA vs KWEB IFRA vs NLR

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

Where these figures came from

EFRA and IFRA filings on SEC EDGAR ↗EFRA and IFRA prospectus with the expense ratio (SEC) ↗iShares page for EFRA ↗iShares page for IFRA ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, EFRA against IFRA, data as of Sep 30, 2026. https://etfiq.com/compare/themes/efra-vs-ifra

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.