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NFRA vs RIFR: which is really different?

RIFR holds 57.3% of its weight in S&P 500 companies and NFRA 35.8%. Northern Trust STOXX Global Broad Infrastructure ETF and Russell Investments Global Infrastructure ETF.

NFRA costs 0.12 points a year less; their one-year returns differ by 0.6 points; NFRA is far larger, $3.0bn against $43m.

NFRARIFR
Expense ratio0.47%0.59%
Net assets, NFRA as of Jul 31, 2026 and RIFR as of Jun 30, 2026$3.0bn$43m
Total return, 1 year+5.5%+6.1%
What it tracksInfrastructureInfrastructure
Holdings in commonnot published
S&P 500, total return, 1 year+17.3%
Against the S&P 500, 1 yearbehind by 11.7 ptsbehind by 11.1 pts
Below its all-time high5.5%, high on Feb 27, 20266.3%, high on Feb 27, 2026
35.8%
NFRA in the S&P 500
57.3%
RIFR in the S&P 500
+5.5%
NFRA total return, 1 year
+6.1%
RIFR total return, 1 year
NFRA · 1 year to Oct 9, 202664% of its weight is outside the S&P 500
64% of its weight is outside the S&P 50036% of NFRA's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jul 31, 2026.36%64%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 96% · top ten 29% of the fund · 179 holdings as filed for Jul 31, 2026 · Nasdaq-100: 7% in64% of its weight is outside the S&P 50036% of NFRA's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jul 31, 2026.36%64%inoutside the S&P 500active share 96% · Nasdaq-100: 7% in

36% of NFRA's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jul 31, 2026.

RIFR · 1 year to Oct 9, 202643% of its weight is outside the S&P 500
43% of its weight is outside the S&P 50057% of RIFR's weight is in S&P 500 companies and 43% is outside the index. Holdings as of Jun 30, 2026.57%43%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 38% of the fund · 61 holdings as filed for Jun 30, 2026 · Nasdaq-100: 9% in43% of its weight is outside the S&P 50057% of RIFR's weight is in S&P 500 companies and 43% is outside the index. Holdings as of Jun 30, 2026.57%43%in the S&P 500outsideactive share 98% · Nasdaq-100: 9% in

57% of RIFR's weight is in S&P 500 companies and 43% is outside the index. Holdings as of Jun 30, 2026.

ETFIQ Off-Index Score · RIFR 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
WindowNFRARIFRNFRARIFRNFRARIFR
3 months−3.7%−5.3%−7.1 pts−8.7 pts−7.4 pts−9.0 pts
6 months−2.5%−5.3%−17.7 pts−20.5 pts−25.7 pts−28.5 pts
1 year+5.5%+6.1%−11.7 pts−11.1 pts−18.1 pts−17.5 pts
3 years+45.2%not published−40.6 ptsnot published−62.1 ptsnot published
Since launch
NFRA Oct 2013 · RIFR May 2025
+127.4%+13.9%−358.0 pts−20.8 pts−857.4 pts−32.0 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

NFRA
Northern Trust STOXX Global Broad Infrastructure ETF · Holds 179 stocks in infrastructure, 36% of its weight in S&P 500 companies
RIFR
Russell Investments Global Infrastructure ETF · Holds 61 stocks in infrastructure, 57% of its weight in S&P 500 companies
Issuer Northern Trust Russell Investments
Theme Infrastructure Infrastructure
In the S&P 500 35.8% 57.3%
Active share vs the S&P 500 96.1% 97.5%
In the Nasdaq-100 7.4% 9.1%
Holdings 179 61
Top ten, share of the fund 28.6% 37.6%
Expense ratio 0.47% 0.59%
Fee for the differing part 0.49% 0.61%
Total return, 1 year +5.5% +6.1%
vs the S&P 500 −11.7 pts −11.1 pts
vs the Nasdaq-100 −18.1 pts −17.5 pts
Below its high −5.5% −6.3%
Net assets, NFRA as of Jul 31, 2026 and RIFR as of Jun 30, 2026 $3.0bn $43m

As of Oct 9, 2026. Source: ETFIQ.

NFRA in plain words

By weight, 36% of NFRA'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 29% of the fund across 179 positions, as filed for Jul 31, 2026. Over the year to Oct 9, 2026 the fund returned +5.5% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 11.7 pts. It sits 5.5% below its all-time high of Feb 27, 2026.

RIFR in plain words

By weight, 57% of RIFR'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 61 positions, as filed for Jun 30, 2026. Over the year to Oct 9, 2026 the fund returned +6.1% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 11.1 pts. It sits 6.3% below its all-time high of Feb 27, 2026.

Questions people ask

Which is more different from the S&P 500, NFRA or RIFR?
NFRA has 36% of its weight in S&P 500 names and RIFR has 57%, so RIFR differs more from the index.
Which is cheaper, NFRA or RIFR?
NFRA charges 0.47% a year and RIFR charges 0.59%, so NFRA is cheaper. Fees come from each fund's prospectus.
Other comparisons
NFRA vs RBLDNFRA vs EFRANFRA vs GIINFRA vs UPGRRIFR vs BKGIRIFR vs GIIRIFR vs PAVERIFR vs TOLZ
NFRA on its own →RIFR on its own →How every figure is computed →Standards and sources →
Where these figures came from
NFRA filings on SEC EDGAR ↗NFRA prospectus with the expense ratio (SEC) ↗RIFR filings on SEC EDGAR ↗RIFR 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, NFRA against RIFR, data as of Oct 9, 2026. https://etfiq.com/compare/themes/nfra-vs-rifr

Open data

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