FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) belongs to the Infrastructure Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NFRA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NFRA
NFRA charges 0.47% annually. There are 9 ETFs in the Infrastructure Equities category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Themes US Infrastructure ETF | 0.29% | 3.80M | Sep 2024 | NFRA vs HWAY | |
| iShares U.S. Infrastructure ETF | 0.30% | 4.55B | Apr 2018 | NFRA vs IFRA | |
| Xtrackers US Green Infrastructure Select Equity ET... | 0.35% | 612.04K | Jul 2023 | NFRA vs UPGR | |
| Alerian Energy Infrastructure ETF | 0.35% | 519.57M | Oct 2013 | NFRA vs ENFR | |
| iShares Global Infrastructure ETF | 0.39% | 10.93B | Dec 2007 | NFRA vs IGF |
Best Risk-Adjusted Alternatives to NFRA
NFRA has a PortfoliosLab risk / return rank of 55. There are 16 ETFs in the Infrastructure Equities category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco SteelPath MLP & Energy Infrastructure ETF | 86 | 65.42M | Feb 2025 | NFRA vs PIPE | |
| iShares Infrastructure Active ETF | 81 | — | Jul 2025 | NFRA vs BILT | |
| First Trust North American Energy Infrastructure F... | 80 | 4.13B | Jun 2012 | NFRA vs EMLP | |
| Bny Mellon Global Infrastructure Income ETF | 80 | 1.31B | Nov 2022 | NFRA vs BKGI | |
| Alerian Energy Infrastructure ETF | 79 | 519.57M | Oct 2013 | NFRA vs ENFR |
Top Performing NFRA Alternatives (YTD)
NFRA is at 8.91% YTD. There are 23 ETFs in the Infrastructure Equities category with higher YTD returns, going as high as 29.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco SteelPath MLP & Energy Infrastructure ETF | 29.62% | 65.42M | Feb 2025 | NFRA vs PIPE | |
| Alerian Energy Infrastructure ETF | 28.27% | 519.57M | Oct 2013 | NFRA vs ENFR | |
| Global X MLP & Energy Infrastructure ETF | 26.75% | 3.64B | Aug 2013 | NFRA vs MLPX | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | 26.62% | 231.17M | Oct 2015 | NFRA vs MLPB | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 25.43% | 9.23M | May 2025 | NFRA vs USNG |
Lowest Volatility Alternatives to NFRA
NFRA has 10.38% 1-year volatility. There are 2 ETFs in the Infrastructure Equities category with lower 1-year volatility, going as low as 10.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Infrastructure Active ETF | 10.31% | — | Jul 2025 | NFRA vs BILT | |
| First Trust North American Energy Infrastructure F... | 10.36% | 4.13B | Jun 2012 | NFRA vs EMLP | |
| iShares Global Infrastructure ETF | 10.69% | 10.93B | Dec 2007 | NFRA vs IGF | |
| ProShares DJ Brookfield Global Infrastructure ETF | 10.70% | 176.36M | Mar 2014 | NFRA vs TOLZ | |
| Russell Investments Global Infrastructure ETF | 10.81% | — | May 2025 | NFRA vs RIFR |
Lowest Drawdown Alternatives to NFRA
NFRA has a 1-year max drawdown of -7.28%. There are 10 ETFs in the Infrastructure Equities category with shallower 1-year drawdowns, going as shallow as -4.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust North American Energy Infrastructure F... | -4.94% | 4.13B | Jun 2012 | NFRA vs EMLP | |
| ProShares DJ Brookfield Global Infrastructure ETF | -5.18% | 176.36M | Mar 2014 | NFRA vs TOLZ | |
| iShares Infrastructure Active ETF | -5.38% | — | Jul 2025 | NFRA vs BILT | |
| iShares Global Infrastructure ETF | -5.87% | 10.93B | Dec 2007 | NFRA vs IGF | |
| SPDR S&P Global Infrastructure ETF | -5.94% | 941.89M | Jan 2007 | NFRA vs GII |
Other ETFs from FlexShares
The 7 most viewed FlexShares ETFs shown here include QDEF, QDF, RAVI and span 8 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| FlexShares Quality Dividend Defensive Index Fund | Quality Factor, Large Cap Value Equities, Dividend | 85 | 10.48% | 545.84M | Dec 2012 | NFRA vs QDEF | |
| FlexShares Quality Dividend Index Fund | Quality Factor, Large Cap Value Equities, Dividend | 83 | 12.96% | 2.21B | Dec 2012 | NFRA vs QDF | |
| FlexShares Ultra-Short Income ETF | Ultrashort Bond | 99 | 2.16% | 1.49B | Oct 2012 | NFRA vs RAVI | |
| FlexShares ESG & Climate Developed Markets ex-US C... | Foreign Large Cap Equities | 58 | 11.05% | 79.10M | Sep 2021 | NFRA vs FEDM | |
| FlexShares Morningstar US Market Factor Tilt Index... | Large Cap Blend Equities | 78 | 11.94% | 2.18B | Sep 2011 | NFRA vs TILT | |
| FlexShares ESG & Climate US Large Cap Core Index F... | Large Cap Blend Equities | 63 | 10.07% | 111.98M | Sep 2021 | NFRA vs FEUS | |
| FlexShares ESG & Climate Investment Grade Corporat... | Corporate Bonds, Investment Grade Bonds | 23 | -1.05% | 47.97M | Sep 2021 | NFRA vs FEIG |
Often Compared With NFRA
Investors most often compare NFRA with PAVE, GRID, ASET. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare NFRA with Any Fund or Stock
Compare NFRA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NFRA with funds that move differently
FlexShares STOXX Global Broad Infrastructure Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NFRA.
Explore NFRA Diversifiers