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NFRX vs NGIF: which is really different?

NFRX holds 56.3% of its weight in S&P 500 companies and NGIF 50.1%. Harrison Street Infrastructure Active ETF and Nuveen Global Infrastructure Fund: ETF Class Shares.

NFRX costs 0.08 points a year less.

NFRXNGIF
Expense ratio0.80%0.88%
Net assets$106mnot read by ETFIQ
What it tracksInfrastructureInfrastructure
Holdings in commonnot published
S&P 500, total return, since Jan 30, 2026+13.4%
S&P 500, total return, since Jun 3, 2026+3.8%
Against the S&P 500, since Jan 30, 2026behind by 12.8 pts
Against the S&P 500, since Jun 3, 2026behind by 8.3 pts
Below its all-time high8.7%, high on Feb 27, 20268.6%, high on Jun 26, 2026
56.3%
NFRX in the S&P 500
50.1%
NGIF in the S&P 500
+0.6%
NFRX total return, since launch
−4.5%
NGIF total return, since launch
NFRX · 6 months to Oct 9, 202644% of its weight is outside the S&P 500
44% of its weight is outside the S&P 50056% of NFRX's weight is in S&P 500 companies and 44% is outside the index. Holdings as of Jun 30, 2026.56%44%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 44% of the fund · 34 holdings as filed for Jun 30, 2026 · Nasdaq-100: 13% in44% of its weight is outside the S&P 50056% of NFRX's weight is in S&P 500 companies and 44% is outside the index. Holdings as of Jun 30, 2026.56%44%in the S&P 500outsideactive share 98% · Nasdaq-100: 13% in

56% of NFRX's weight is in S&P 500 companies and 44% is outside the index. Holdings as of Jun 30, 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 · NFRX 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
WindowNFRXNGIFNFRXNGIFNFRXNGIF
3 months−7.3%−7.8%−10.7 pts−11.2 pts−10.9 pts−11.5 pts
6 months−7.8%not published−22.9 ptsnot published−31.0 ptsnot published
Since launch
NFRX Jan 2026 · NGIF Jun 2026
+0.6%−4.5%−12.8 pts−8.3 pts−20.6 pts−5.7 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

NFRX
Harrison Street Infrastructure Active ETF · Holds 34 stocks in infrastructure, 56% 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 not established Nuveen
Theme Infrastructure Infrastructure
In the S&P 500 56.3% 50.1%
Active share vs the S&P 500 98.2% 97.7%
In the Nasdaq-100 13.4% 11.7%
Holdings 34 66
Top ten, share of the fund 44.1% 39.1%
Expense ratio 0.80% 0.88%
Fee for the differing part 0.81% 0.90%
Total return, 1 year +0.6% (since it first traded on Jan 30, 2026) −4.5% (since it first traded on Jun 3, 2026)
vs the S&P 500 −12.8 pts −8.3 pts
vs the Nasdaq-100 −20.6 pts −5.7 pts
Below its high −8.7% −8.6%
Net assets $106m not read by ETFIQ

As of Oct 9, 2026. Source: ETFIQ.

NFRX in plain words

By weight, 56% of NFRX'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 44% of the fund across 34 positions, as filed for Jun 30, 2026. Since it first traded on Jan 30, 2026 the fund returned +0.6% with distributions reinvested against +13.4% for the S&P 500, so a holder was behind by 12.8 pts. It sits 8.7% 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, NFRX or NGIF?
NFRX has 56% of its weight in S&P 500 names and NGIF has 50%, so NFRX differs more from the index.
Which is cheaper, NFRX or NGIF?
NFRX charges 0.80% a year and NGIF charges 0.88%, so NFRX is cheaper. Fees come from each fund's prospectus.
Other comparisons
NFRX vs BILTNFRX vs BLDXNFRX vs CSIONFRX vs EFRANGIF vs EFRANGIF vs BILTNGIF vs BLDXNGIF vs TOLZ
NFRX on its own →NGIF on its own →How every figure is computed →Standards and sources →
Where these figures came from
NFRX filings on SEC EDGAR ↗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, NFRX against NGIF, data as of Oct 9, 2026. https://etfiq.com/compare/themes/nfrx-vs-ngif

Open data

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