FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) belongs to the Utilities 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 10 ETFs in the Utilities Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Utilities Select Sector SPDR ETF | 0.08% | 22.62B | Dec 1998 | NFRA vs XLU | |
| Fidelity MSCI Utilities Index ETF | 0.08% | 2.35B | Oct 2013 | NFRA vs FUTY | |
| Vanguard Utilities ETF | 0.09% | 10.60B | Jan 2004 | NFRA vs VPU | |
| Invesco S&P SmallCap Utilities & Communication Ser... | 0.29% | 17.23M | Apr 2010 | NFRA vs PSCU | |
| State Street Utilities Select Sector SPDR Premium ... | 0.35% | 18.80M | Jul 2025 | NFRA vs XLUI |
Best Risk-Adjusted Alternatives to NFRA
NFRA has a PortfoliosLab risk / return rank of 35. There are 7 ETFs in the Utilities Equities category with higher risk-adjusted ranks, going as high as 76.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS Electrification Infrastructure ETF | 76 | 204.46M | Apr 2025 | NFRA vs ELFY | |
| First Trust EIP Power Solutions ETF | 70 | 25.87M | Aug 2019 | NFRA vs FPWR | |
| Global X U.S. Electrification ETF | 68 | 463.66M | Dec 2024 | NFRA vs ZAP | |
| SPDR S&P Global Infrastructure ETF | 52 | 964.74M | Jan 2007 | NFRA vs GII | |
| iShares U.S. Power Infrastructure ETF | 44 | 387.80M | Jan 2012 | NFRA vs POWR |
Top Performing NFRA Alternatives (YTD)
NFRA is at 7.66% YTD. There are 13 ETFs in the Utilities Equities category with higher YTD returns, going as high as 26.69%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS Electrification Infrastructure ETF | 26.69% | 204.46M | Apr 2025 | NFRA vs ELFY | |
| Global X U.S. Electrification ETF | 18.94% | 463.66M | Dec 2024 | NFRA vs ZAP | |
| iShares U.S. Power Infrastructure ETF | 17.55% | 387.80M | Jan 2012 | NFRA vs POWR | |
| First Trust EIP Power Solutions ETF | 14.10% | 25.87M | Aug 2019 | NFRA vs FPWR | |
| iShares Infrastructure Active ETF | 13.47% | — | Jul 2025 | NFRA vs BILT |
Lowest Volatility Alternatives to NFRA
NFRA has 10.49% 1-year volatility. There is 1 ETF in the Utilities Equities category with lower 1-year volatility, going as low as 10.28%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Infrastructure Active ETF | 10.28% | — | Jul 2025 | NFRA vs BILT | |
| First Trust EIP Power Solutions ETF | 10.57% | 25.87M | Aug 2019 | NFRA vs FPWR | |
| SPDR S&P Global Infrastructure ETF | 10.86% | 964.74M | Jan 2007 | NFRA vs GII | |
| State Street Utilities Select Sector SPDR Premium ... | 11.17% | 18.80M | Jul 2025 | NFRA vs XLUI | |
| Lazard Listed Infrastructure ETF | 11.88% | 26.20M | Oct 2025 | NFRA vs GLIX |
Lowest Drawdown Alternatives to NFRA
NFRA has a 1-year max drawdown of -7.28%. There are 4 ETFs in the Utilities Equities category with shallower 1-year drawdowns, going as shallow as -5.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust EIP Power Solutions ETF | -5.02% | 25.87M | Aug 2019 | NFRA vs FPWR | |
| SPDR S&P Global Infrastructure ETF | -5.94% | 964.74M | Jan 2007 | NFRA vs GII | |
| iShares U.S. Power Infrastructure ETF | -7.09% | 387.80M | Jan 2012 | NFRA vs POWR | |
| Global X U.S. Electrification ETF | -7.23% | 463.66M | Dec 2024 | NFRA vs ZAP | |
| iShares Global Utilities ETF | -8.09% | 320.21M | Sep 2006 | NFRA vs JXI |
Other ETFs from FlexShares
The 7 most viewed FlexShares ETFs shown here include QDEF, QDF, RAVI and span 6 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 | Large Cap Value Equities, Dividend | 69 | 6.76% | 539.08M | Dec 2012 | NFRA vs QDEF | |
| FlexShares Quality Dividend Index Fund | Large Cap Value Equities, Dividend | 72 | 9.88% | 2.18B | Dec 2012 | NFRA vs QDF | |
| FlexShares Ultra-Short Income ETF | Ultrashort Bond | 99 | 1.69% | 1.44B | Oct 2012 | NFRA vs RAVI | |
| FlexShares ESG & Climate Developed Markets ex-US C... | Foreign Large Cap Equities | 32 | 5.75% | 76.41M | Sep 2021 | NFRA vs FEDM | |
| FlexShares Morningstar US Market Factor Tilt Index... | Large Cap Blend Equities | 68 | 9.45% | 2.24B | Sep 2011 | NFRA vs TILT | |
| FlexShares ESG & Climate US Large Cap Core Index F... | Large Cap Blend Equities | 56 | 7.39% | 112.84M | Sep 2021 | NFRA vs FEUS | |
| FlexShares ESG & Climate Investment Grade Corporat... | Corporate Bonds | 34 | 0.68% | 51.03M | Sep 2021 | NFRA vs FEIG |
Often Compared With NFRA
Investors most often compare NFRA with IGF, IFRA, PAVE. These 20 comparison targets span 14 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