The FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) is one of a handful of ETFs on the market that target a loosely-defined infrastructure segment. The idea is that infrastructure investments can hedge inflation while boosting returns and income. NFRA follows a market-cap-weighted index that invests in companies that derive at least 50% of their revenue from segments including energy, communications, utilities, transportation and — an unusual twist — government outsourcing, like hospitals, prisons and postal services. To maintain diversification, the index imposes certain constraints, such as limits on the overall weighting of each segment. The portfolio is dominated by North American equities, followed by Japan, Australia and the U.K. Top holdings include Canadian National Railway, Verizon, and the pipeline company Enbridge.
The fund is one of the larger infrastructure funds out there. It’s expensive compared with ultra-low-cost index funds but reasonable in the small world of infrastructure funds. Investors could compare it to the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ), which restricts its universe to companies that derive 70% of cash flow from infrastructure-related businesses.
| Segment | Equity: Global Infrastructure |
| Category | Sector |
| Focus | Theme |
| Niche | Infrastructure |
| Strategy | Vanilla |
| Weighting Scheme | Market Cap |
This section compares how balanced and deep this ETF is relative to its peers.
| NFRA | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 172 | 67 | 87 |
| % of Assets in Top 10 | 29.56% | 42.22% | 41.72% |
| % of Assets in Top 15 | 39.70% | 56.05% | 53.89% |
| % of Assets in Top 50 | 76.68% | 91.68% | 91.89% |
| NFRA | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 86.25% | 71.93% | 70.76% |
| Mid (>2.7B) | 12.46% | 23.43% | 25.21% |
| Small (>600M) | 1.20% | 3.72% | 2.98% |
| Micro (<600M) | 0.06% | 0.41% | 0.04% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| NFRA | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.78 | $ 0.54 | $ 0.78 |
| Dividend Date | 2024-12-20 | N/A | N/A |
| Annual Dividend Rate | $ 1.80 | $ 1.39 | $ 1.52 |
| Annual Dividend Yield | 3.21% | 2.37% | 3.47% |
View charts featuring NFRA price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -14.02 M 1 Month Net Flows: -23.08 M 3 Month Net Flows: -9.04 M 6 Month Net Flows: 130.62 M 1 Year Net Flows: 52.57 M 3 Year Net Flows: -153.71 M 5 Year Net Flows: 565.07 M 10 Year Net Flows: 1.81 BView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -16.88 MThe adjacent table gives investors an individual Realtime Rating for NFRA on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Utilities Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| NFRA |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 6.08% | 4.90% | 4.27% |
| 3 Month Return | 0.05% | 0.52% | 0.60% |
| YTD Return | 4.40% | 4.03% | 2.88% |
| 1 Year Return | 11.51% | 25.96% | 15.30% |
| 3 Year Return | 3.29% | 7.65% | 2.94% |
| 5 Year Return | 3.02% | 5.71% | 3.53% |
The following charts reflect the geographic spread of NFRA's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 59.65% |
| Europe | 21.14% |
| Asia Pacific | 19.23% |
| Country | Percentage |
|---|---|
| United States | 39.98% |
| Canada | 17.35% |
| Japan | 10.89% |
| Germany | 7.81% |
| Spain | 3.91% |
| United Kingdom | 3.45% |
| Australia | 3.33% |
| France | 2.53% |
| Italy | 1.98% |
| Brazil | 1.34% |
| Thailand | 1.24% |
| India | 0.92% |
| Hong Kong | 0.86% |
| Mexico | 0.86% |
| Switzerland | 0.75% |
| Philippines | 0.61% |
| Netherlands | 0.58% |
| New Zealand | 0.52% |
| China | 0.35% |
| Malaysia | 0.27% |
| Singapore | 0.12% |
| Chile | 0.06% |
| Bermuda | 0.06% |
| Vietnam | 0.05% |
| Austria | 0.05% |
| Indonesia | 0.04% |
| Luxembourg | 0.04% |
| South Africa | 0.04% |
| Taiwan | 0.03% |
| South Korea | 0.0% |
The following charts reflect the allocation of NFRA's underlying holdings.
| Sector | Percentage |
|---|---|
| Transportation | 28.73% |
| Utilities | 26.55% |
| Communications | 22.37% |
| Industrial Services | 10.74% |
| Finance | 4.65% |
| Health Services | 3.0% |
| Consumer Services | 2.67% |
| Technology Services | 0.62% |
| Energy Minerals | 0.46% |
| Commercial Services | 0.15% |
| Distribution Services | 0.08% |
| Market Cap | Percentage |
|---|---|
| Large | 86.25% |
| Mid | 12.46% |
| Small | 1.2% |
| Micro | 0.06% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 98.7% |
| Non-Voting Depositary Receipt | 1.24% |
| Preferred Equity | 0.05% |
| Right | 0.03% |
| Sector | Percentage |
|---|---|
| Transportation | 28.73% |
| Utilities | 26.55% |
| Communications | 22.37% |
| Industrial Services | 10.74% |
| Finance | 4.65% |
| Health Services | 3.0% |
| Consumer Services | 2.67% |
| Technology Services | 0.62% |
| Energy Minerals | 0.46% |
| Commercial Services | 0.15% |
| Distribution Services | 0.08% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 52.77% |
| 20 Day Volatility | 10.29% |
| 50 Day Volatility | 11.82% |
| 200 Day Volatility | 10.06% |
| Beta | 0.74 |
| Standard Deviation | 2.42% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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