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GII vs NGIF: which is really different?

NGIF holds 50.1% of its weight in S&P 500 companies and GII 35.0%. State Street(R) SPDR(R) S&P(R) Global Infrastructure ETF and Nuveen Global Infrastructure Fund: ETF Class Shares.

GII costs 0.48 points a year less.

GIINGIF
Expense ratio0.40%0.88%
Net assets$911mnot read by ETFIQ
Total return, 1 year+5.1%not published
What it tracksInfrastructureInfrastructure
Holdings in commonnot published
S&P 500, total return, 1 year+17.3%
S&P 500, total return, since Jun 3, 2026+3.8%
Against the S&P 500, 1 yearbehind by 12.2 pts
Against the S&P 500, since Jun 3, 2026behind by 8.3 pts
Below its all-time high8.5%, high on Feb 27, 20268.6%, high on Jun 26, 2026
35.0%
GII in the S&P 500
50.1%
NGIF in the S&P 500
+5.1%
GII total return, 1 year
−4.5%
NGIF total return, since launch
GII · 1 year to Oct 9, 202665% of its weight is outside the S&P 500
65% of its weight is outside the S&P 50035% of GII's weight is in S&P 500 companies and 65% is outside the index. Holdings as of Oct 8, 2026.35%65%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 38% of the fund · 77 holdings as published by its issuer for Oct 8, 2026 · Nasdaq-100: 7% in65% of its weight is outside the S&P 50035% of GII's weight is in S&P 500 companies and 65% is outside the index. Holdings as of Oct 8, 2026.35%65%inoutside the S&P 500active share 98% · Nasdaq-100: 7% in

35% of GII's weight is in S&P 500 companies and 65% is outside the index. Holdings as of Oct 8, 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 · GII 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
WindowGIINGIFGIINGIFGIINGIF
3 months−6.2%−7.8%−9.6 pts−11.2 pts−9.9 pts−11.5 pts
6 months−7.6%not published−22.8 ptsnot published−30.8 ptsnot published
1 year+5.1%not published−12.2 ptsnot published−18.5 ptsnot published
3 years+61.5%not published−24.3 ptsnot published−45.8 ptsnot published
Since launch
GII Jan 2007 · NGIF Jun 2026
+168.3%−4.5%−508.6 pts−8.3 pts−1,721.3 pts−5.7 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

GII
State Street(R) SPDR(R) S&P(R) Global Infrastructure ETF · Holds 77 stocks in infrastructure, 35% 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 State Street Nuveen
Theme Infrastructure Infrastructure
In the S&P 500 35.0% 50.1%
Active share vs the S&P 500 98.1% 97.7%
In the Nasdaq-100 7.3% 11.7%
Holdings 77 66
Top ten, share of the fund 38.0% 39.1%
Expense ratio 0.40% 0.88%
Fee for the differing part 0.41% 0.90%
Total return, 1 year +5.1% −4.5% (since it first traded on Jun 3, 2026)
vs the S&P 500 −12.2 pts −8.3 pts
vs the Nasdaq-100 −18.5 pts −5.7 pts
Below its high −8.5% −8.6%
Net assets $911m not read by ETFIQ

As of Oct 9, 2026. Source: ETFIQ.

GII in plain words

By weight, 35% of GII'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 38% of the fund across 77 positions, as published by its issuer for Oct 8, 2026. Over the year to Oct 9, 2026 the fund returned +5.1% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 12.2 pts. It sits 8.5% below its all-time high of Feb 27, 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, GII or NGIF?
GII has 35% of its weight in S&P 500 names and NGIF has 50%, so GII differs more from the index.
Which is cheaper, GII or NGIF?
GII charges 0.40% a year and NGIF charges 0.88%, so GII is cheaper. Fees come from each fund's prospectus.
Other comparisons
GII vs IGFGII vs NFRAGII vs NFRXGII vs PAVENGIF vs PAVENGIF vs IFRANGIF vs TOLZNGIF vs IGF
GII on its own →NGIF on its own →How every figure is computed →Standards and sources →
Where these figures came from
GII filings on SEC EDGAR ↗State Street 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, GII against NGIF, data as of Oct 9, 2026. https://etfiq.com/compare/themes/gii-vs-ngif

Open data

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