Data as of Oct 28, 2026.
IFRA vs XME: Holdings Overlap & Returns
Over the year to Oct 28, 2026, IFRA returned +9.4% to XME's +3.4%; 5% of their weight is in the same names.
askIQ about this page
askIQ about IFRA and XME
Net assets on Oct 27, 2026: $4.0bn for iShares U.S. Infrastructure ETF and $3.8bn for State Street SPDR S&P Metals & Mining ETF.
72% of IFRA's weight is in S&P 500 companies and 28% is outside the index. Holdings as of Oct 27, 2026.
21% of XME's weight is in S&P 500 companies and 79% is outside the index. Holdings as of Oct 27, 2026.
Pair scorecard
IFRA costs 0.05 points a year less; their one-year returns differ by 6.0 points; IFRA is 1.1 times larger.
Points (pts) are percentage points.
| Measure | IFRA | XME |
|---|---|---|
| Return | ||
| Total return, 1 year | +9.4% | +3.4% |
| Drawdown | ||
| Below its all-time high | 9.6%, high on Jun 25, 2026 | 23.6%, high on Jun 2, 2026 |
| Against its benchmark | ||
| What it tracks | Infrastructure | Miners and metals |
| Against the S&P 500, 1 year | behind by 10.3 pts | |
| Its benchmark, total return, 1 year | +13.7% | |
| Against its benchmark, 1 year | behind by 10.3 pts | |
| Cost and size | ||
| Expense ratio | 0.30% | 0.35% |
| Net assets, as of Oct 27, 2026 | $4.0bn | $3.8bn |
| Holdings | ||
| Holdings in common | 5% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Apr 13, 2018 to Oct 23, 2026 · 445 weekly returnsXME returned more: +201.3% to +163.5%. IFRA swung less: 21.6% to 33.7%. IFRA fell less at its worst: −39.2% to −60.2%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | IFRA | XME | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +163.5% | +201.3% | XME | Price change plus distributions, reinvested. |
| Annualized | +12.0% | +13.8% | XME | Total return as a yearly rate. |
| Price return | +121.3% | +171.1% | XME | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 21.6% | 33.7% | IFRA | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 15.1% | 23.1% | IFRA | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −39.2% | −60.2% | IFRA | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.50 | 0.47 | IFRA (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 0.72 | 0.69 | IFRA (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.31 | 0.23 | IFRA | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 445 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IFRA and XME hold 5% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
5% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | IFRA | XME | IFRA | XME |
| 3 months | −3.4% | +3.9% | not measured | −2.2 pts vs IVV |
| 6 months | −3.8% | −11.5% | not measured | −20.6 pts vs IVV |
| 1 year | +9.4% | +3.4% | not measured | −10.3 pts vs IVV |
| 3 years | +76.3% | +108.2% | not measured | +12.8 pts vs IVV |
| Since launchNot the same days: IFRA Apr 2018 · XME Jun 2006 | +167.2% | +189.8% | not measured | not measured |
Side by side
As of Oct 28, 2026. Source: ETFIQ.
5% of the two portfolios are the same securities at the same weight.
IFRA and XME are built for the same job. How do they differ in cost, holdings and results?
- Theme. IFRA covers Infrastructure and XME covers Miners and metals.
- Concentration. The top ten holdings are 33.4% of IFRA and 53.3% of XME, a gap of 19.9 points.
- What each follows. IFRA follows Infrastructure and XME follows Miners and metals.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
IFRA
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 27, 2026. Over the year to Oct 28, 2026 the fund returned +9.4% with distributions reinvested. It sits 9.6% below its all-time high of Jun 25, 2026.
XME
By weight, 21% of XME'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 53% of the fund across 38 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +3.4% with distributions reinvested against +13.7% for its benchmark, the S&P 500 Index, so a holder was behind by 10.3 pts. It sits 23.6% below its all-time high of Jun 2, 2026.
Questions people ask
- Do IFRA and XME hold the same stocks?
- By their latest filings, 5% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, IFRA against XME, data as of Oct 28, 2026. https://etfiq.com/compare/themes/ifra-vs-xme
ETFIQ. (Oct 28, 2026). IFRA against XME. Retrieved from https://etfiq.com/compare/themes/ifra-vs-xme
[IFRA against XME (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/themes/ifra-vs-xme)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.