{"url":"https://etfiq.com/compare/themes/ifra-vs-upgr","section":"compare","title":"IFRA vs UPGR: which is really different? | ETFIQ","description":"71.3% of IFRA and 22.9% of UPGR is already in the S&P 500 by weight, as filed, and 1% of the two books are the same names at the same weight.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do IFRA and UPGR hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 1% 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."}},{"@type":"Question","name":"Which is more different from the S&P 500, IFRA or UPGR?","acceptedAnswer":{"@type":"Answer","text":"IFRA has 71% of its weight in S&P 500 names and UPGR has 23%, so UPGR differs more from the index."}},{"@type":"Question","name":"Which is cheaper, IFRA or UPGR?","acceptedAnswer":{"@type":"Answer","text":"IFRA charges 0.30% a year and UPGR charges 0.35%, so IFRA is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"IFRA vs UPGR","item":"https://etfiq.com/compare/themes/ifra-vs-upgr"}]},{"@type":"WebPage","name":"IFRA vs UPGR: which is really different?","description":"71.3% of IFRA and 22.9% of UPGR is already in the S&P 500 by weight, as filed, and 1% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","url":"https://etfiq.com/compare/themes/ifra-vs-upgr","dateModified":"2026-09-30","abstract":"IFRA and UPGR hold 1% of their weight in the same names, and IFRA returned +6.1% over the year.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of IFRA and UPGR","description":"71.3% of IFRA and 22.9% of UPGR is already in the S&P 500 by weight, as filed, and 1% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/ifra-vs-upgr","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6754,"truncated":true,"content":"ETFIQ / Thematic ETFs / Head to head / IFRA vs UPGR \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n IFRA vs UPGR: which is really different?\n\n IFRA and UPGR hold 1% of their weight in the same names, and IFRA returned +6.1% over the year.\n Copy this for sharing \n \n iShares U.S. Infrastructure ETF and Xtrackers US Green Infrastructure Select Equity ETF.\n\n Download as PDF \n\n 71.3% IFRA in the S&P 500 \n 22.9% UPGR in the S&P 500 \n +6.1% IFRA total return, 1 year \n \u22124.5% UPGR total return, 1 year \n\n ETFIQ Off-Index Score: UPGR scores higher\n How much of it is not the index ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/themes/ifra-vs-upgr","a":{"ticker":"IFRA","name":"iShares U.S. Infrastructure ETF","issuer":"iShares","desk":"themes","as_of":"2026-09-30","verdict":"IFRA holds 168 stocks, and 29% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/ifra","key_facts":[{"label":"Already in the S&P 500","value":"71.3%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"95.7%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"33.4%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"+6.1%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$3.9bn","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.30%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 27, 2026"}]},"b":{"ticker":"UPGR","name":"Xtrackers US Green Infrastructure Select Equity ETF","issuer":"Xtrackers","desk":"themes","as_of":"2026-09-30","verdict":"UPGR holds 45 stocks, and 77% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/upgr","key_facts":[{"label":"Already in the S&P 500","value":"22.9%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"97.4%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"33.8%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"\u22124.5%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$537,620","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.35%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"overlap_pct":1,"full_text_at":"https://etfiq.com/compare/themes/ifra-vs-upgr"}