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IFRA vs NGIF: which is really different?

IFRA holds 71.7% of its weight in S&P 500 companies and NGIF 50.1%. iShares U.S. Infrastructure ETF and Nuveen Global Infrastructure Fund: ETF Class Shares.

IFRA costs 0.58 points a year less.

IFRANGIF
Expense ratio0.30%0.88%
Net assets$4.0bnnot read by ETFIQ
Total return, 1 year+9.5%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 7.8 pts
Against the S&P 500, since Jun 3, 2026behind by 8.3 pts
Below its all-time high10.6%, high on Jun 25, 20268.6%, high on Jun 26, 2026
71.7%
IFRA in the S&P 500
50.1%
NGIF in the S&P 500
+9.5%
IFRA total return, 1 year
−4.5%
NGIF total return, since launch
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.

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
WindowIFRANGIFIFRANGIFIFRANGIF
3 months−7.3%−7.8%−10.6 pts−11.2 pts−10.9 pts−11.5 pts
6 months−3.9%not published−19.1 ptsnot published−27.1 ptsnot published
1 year+9.5%not published−7.8 ptsnot published−14.1 ptsnot published
3 years+64.5%not published−21.3 ptsnot published−42.8 ptsnot published
Since launch
IFRA Apr 2018 · NGIF Jun 2026
+164.1%−4.5%−69.5 pts−8.3 pts−230.2 pts−5.7 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

IFRA
iShares U.S. Infrastructure ETF · Holds 164 stocks in infrastructure, 72% 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 iShares Nuveen
Theme Infrastructure Infrastructure
In the S&P 500 71.7% 50.1%
Active share vs the S&P 500 95.7% 97.7%
In the Nasdaq-100 10.9% 11.7%
Holdings 164 66
Top ten, share of the fund 33.4% 39.1%
Expense ratio 0.30% 0.88%
Fee for the differing part 0.31% 0.90%
Total return, 1 year +9.5% −4.5% (since it first traded on Jun 3, 2026)
vs the S&P 500 −7.8 pts −8.3 pts
vs the Nasdaq-100 −14.1 pts −5.7 pts
Below its high −10.6% −8.6%
Net assets $4.0bn not read by ETFIQ

As of Oct 9, 2026. Source: ETFIQ.

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.

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, IFRA or NGIF?
IFRA has 72% of its weight in S&P 500 names and NGIF has 50%, so NGIF differs more from the index.
Which is cheaper, IFRA or NGIF?
IFRA charges 0.30% a year and NGIF charges 0.88%, so IFRA is cheaper. Fees come from each fund's prospectus.
Other comparisons
IFRA vs BKGIIFRA vs CSIOIFRA vs IGFIFRA vs IPAVNGIF vs PAVENGIF vs NFRANGIF vs IGFNGIF vs BKGI
IFRA on its own →NGIF on its own →How every figure is computed →Standards and sources →
Where these figures came from
IFRA filings on SEC EDGAR ↗IFRA prospectus with the expense ratio (SEC) ↗iShares page for IFRA ↗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, IFRA against NGIF, data as of Oct 9, 2026. https://etfiq.com/compare/themes/ifra-vs-ngif

Open data

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