{
 "ticker": "NFRX",
 "name": "Harrison Street Infrastructure Active ETF",
 "issuer": "not established",
 "desk": "themes",
 "url": "https://etfiq.com/funds/nfrx",
 "html": "https://etfiq.com/funds/nfrx",
 "markdown": "https://etfiq.com/funds/nfrx.md",
 "as_of": "2026-10-09",
 "verdict": "NFRX holds 34 stocks, and 44% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "56.3%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "NFRX, already in the S&P 500: 56.3%, as of Oct 9, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.2%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "NFRX, active share vs the S&P 500: 98.2%, as of Oct 9, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "44.1%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "NFRX, top ten holdings: 44.1%, as of Oct 9, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "+0.6%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "NFRX, total return, since launch: +0.6%, as of Oct 9, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$106m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-10-09",
   "sentence": "NFRX, net assets: $106m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.80%",
   "source": "497K, Jan 23, 2026",
   "as_of": "2026-10-09",
   "sentence": "NFRX, expense ratio: 0.80% (497K, Jan 23, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Infrastructure",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Jan 30, 2026",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "56.3%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.2%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "13.4%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "98.9%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "44.1%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "34",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "UNION PACIFIC CORP 5.5%, NATIONAL GRID PLC /GBP/ 5.1%, WILLIAMS COS INC 4.9%, CENTERPOINT ENERGY INC 4.5%, ATMOS ENERGY CORP 4.4%, XCEL ENERGY INC 4.1%, NEXTERA ENERGY INC 4.1%, CANADIAN NATL RAILWAY CO /CAD/ 4.0%, TARGA RESOURCES CORP 3.8%, AENA SME SA /EUR/ 3.7%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$106m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Jun 30, 2026; its prospectus names no index it tracks",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22128.7%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.80%",
   "source": "497K, Jan 23, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.81%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22127.3%",
   "S&P 500 (SPY)": "+3.4%",
   "Gap to SPY": "\u221210.7 pts",
   "Gap to QQQ": "\u221210.9 pts"
  },
  {
   "window": "6 months",
   "Total return": "\u22127.8%",
   "S&P 500 (SPY)": "+15.2%",
   "Gap to SPY": "\u221222.9 pts",
   "Gap to QQQ": "\u221231.0 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+0.6%",
   "S&P 500 (SPY)": "+13.4%",
   "Gap to SPY": "\u221212.8 pts",
   "Gap to QQQ": "\u221220.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of NFRX is in S&P 500 companies?",
   "a": "By its holdings filed for Jun 30, 2026, 56% of NFRX by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different."
  },
  {
   "q": "What does NFRX hold?",
   "a": "34 positions as filed for Jun 30, 2026, with the top ten at 44% of the fund. The largest are UNION PACIFIC CORP at 5.5%, NATIONAL GRID PLC /GBP/ at 5.1%, WILLIAMS COS INC at 4.9%."
  },
  {
   "q": "Has NFRX beaten the S&P 500?",
   "a": "Over the year to Oct 9, 2026 NFRX returned +0.6% with distributions reinvested, against +13.4% for the S&P 500, so it finished behind the index by 12.8 points."
  },
  {
   "q": "What does NFRX cost?",
   "a": "The prospectus expense ratio is 0.80% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.81%."
  }
 ],
 "generated": "2026-10-09",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, NFRX, thematic ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/nfrx"
}