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NGIF vs TOLZ: which is really different?

NGIF holds 50.1% of its weight in S&P 500 companies and TOLZ 33.9%. Nuveen Global Infrastructure Fund: ETF Class Shares and ProShares DJ Brookfield Global Infrastructure ETF.

TOLZ costs 0.42 points a year less.

NGIFTOLZ
Expense ratio0.88%0.46%
Net assetsnot read by ETFIQ$162m
Total return, 1 yearnot published+8.1%
What it tracksInfrastructureInfrastructure
Holdings in commonnot published
S&P 500, total return, since Jun 3, 2026+3.8%
S&P 500, total return, 1 year+17.3%
Against the S&P 500, since Jun 3, 2026behind by 8.3 pts
Against the S&P 500, 1 yearbehind by 9.2 pts
Below its all-time high8.6%, high on Jun 26, 20267.5%, high on Mar 2, 2026
50.1%
NGIF in the S&P 500
33.9%
TOLZ in the S&P 500
−4.5%
NGIF total return, since launch
+8.1%
TOLZ total return, 1 year
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.

TOLZ · 1 year to Oct 9, 202666% of its weight is outside the S&P 500
66% of its weight is outside the S&P 50034% of TOLZ's weight is in S&P 500 companies and 66% is outside the index. Holdings as of Oct 8, 2026.34%66%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 39% of the fund · 115 holdings as published by its issuer for Oct 8, 2026 · Nasdaq-100: 2% in66% of its weight is outside the S&P 50034% of TOLZ's weight is in S&P 500 companies and 66% is outside the index. Holdings as of Oct 8, 2026.34%66%inoutside the S&P 500active share 99% · Nasdaq-100: 2% in

34% of TOLZ's weight is in S&P 500 companies and 66% is outside the index. Holdings as of Oct 8, 2026.

ETFIQ Off-Index Score · TOLZ 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
WindowNGIFTOLZNGIFTOLZNGIFTOLZ
3 months−7.8%−5.5%−11.2 pts−8.8 pts−11.5 pts−9.1 pts
6 monthsnot published−6.9%not published−22.1 ptsnot published−30.1 pts
1 yearnot published+8.1%not published−9.2 ptsnot published−15.5 pts
3 yearsnot published+51.4%not published−34.4 ptsnot published−55.9 pts
Since launch
NGIF Jun 2026 · TOLZ Mar 2014
−4.5%+111.3%−8.3 pts−308.8 pts−5.7 pts−740.8 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

NGIF
Nuveen Global Infrastructure Fund: ETF Class Shares · Holds 66 stocks in infrastructure, 50% of its weight in S&P 500 companies
TOLZ
ProShares DJ Brookfield Global Infrastructure ETF · Holds 115 stocks in infrastructure, 34% of its weight in S&P 500 companies
Issuer Nuveen ProShares
Theme Infrastructure Infrastructure
In the S&P 500 50.1% 33.9%
Active share vs the S&P 500 97.7% 98.9%
In the Nasdaq-100 11.7% 2.1%
Holdings 66 115
Top ten, share of the fund 39.1% 39.4%
Expense ratio 0.88% 0.46%
Fee for the differing part 0.90% 0.47%
Total return, 1 year −4.5% (since it first traded on Jun 3, 2026) +8.1%
vs the S&P 500 −8.3 pts −9.2 pts
vs the Nasdaq-100 −5.7 pts −15.5 pts
Below its high −8.6% −7.5%
Net assets not read by ETFIQ $162m

As of Oct 9, 2026. Source: ETFIQ.

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.

TOLZ in plain words

By weight, 34% of TOLZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 39% of the fund across 115 positions, as published by its issuer for Oct 8, 2026. Over the year to Oct 9, 2026 the fund returned +8.1% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 9.2 pts. It sits 7.5% below its all-time high of Mar 2, 2026.

Questions people ask

Which is more different from the S&P 500, NGIF or TOLZ?
NGIF has 50% of its weight in S&P 500 names and TOLZ has 34%, so TOLZ differs more from the index.
Which is cheaper, NGIF or TOLZ?
NGIF charges 0.88% a year and TOLZ charges 0.46%, so TOLZ is cheaper. Fees come from each fund's prospectus.
Other comparisons
NGIF vs GIINGIF vs BKGINGIF vs IFRANGIF vs IPAVTOLZ vs EFRATOLZ vs IFRATOLZ vs PAVETOLZ vs UPGR
NGIF on its own →TOLZ on its own →How every figure is computed →Standards and sources →
Where these figures came from
NGIF filings on SEC EDGAR ↗NGIF prospectus with the expense ratio (SEC) ↗TOLZ filings on SEC EDGAR ↗ProShares page for TOLZ ↗

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, NGIF against TOLZ, data as of Oct 9, 2026. https://etfiq.com/compare/themes/ngif-vs-tolz

Open data

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