RBLD Alternatives & Similar ETFs

First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) 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 RBLD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to RBLD

RBLD charges 0.65% annually. There are 20 ETFs in the Infrastructure Equities category with lower expense ratios, going as low as 0.29%.

Symbol	Name	Expense Ratio	AUM	Inception
HWAY	Themes US Infrastructure ETF	0.29%	3.80M	Sep 2024	RBLD vs HWAY
IFRA	iShares U.S. Infrastructure ETF	0.30%	4.55B	Apr 2018	RBLD vs IFRA
ENFR	Alerian Energy Infrastructure ETF	0.35%	519.57M	Oct 2013	RBLD vs ENFR
UPGR	Xtrackers US Green Infrastructure Select Equity ET...	0.35%	612.04K	Jul 2023	RBLD vs UPGR
IGF	iShares Global Infrastructure ETF	0.39%	10.93B	Dec 2007	RBLD vs IGF

Best Risk-Adjusted Alternatives to RBLD

RBLD has a PortfoliosLab risk / return rank of 65. There are 10 ETFs in the Infrastructure Equities category with higher risk-adjusted ranks, going as high as 81.

Symbol	Name	Risk / Return Rank	AUM	Inception
PIPE	Invesco SteelPath MLP & Energy Infrastructure ETF	81	65.42M	Feb 2025	RBLD vs PIPE
EMLP	First Trust North American Energy Infrastructure F...	80	4.13B	Jun 2012	RBLD vs EMLP
ENFR	Alerian Energy Infrastructure ETF	76	519.57M	Oct 2013	RBLD vs ENFR
BKGI	Bny Mellon Global Infrastructure Income ETF	75	1.31B	Nov 2022	RBLD vs BKGI
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ET...	74	9.23M	May 2025	RBLD vs USNG

Top Performing RBLD Alternatives (YTD)

RBLD is at 18.14% YTD. There are 8 ETFs in the Infrastructure Equities category with higher YTD returns, going as high as 28.11%.

Symbol	Name	YTD Return	AUM	Inception
PIPE	Invesco SteelPath MLP & Energy Infrastructure ETF	28.11%	65.42M	Feb 2025	RBLD vs PIPE
ENFR	Alerian Energy Infrastructure ETF	27.46%	519.57M	Oct 2013	RBLD vs ENFR
MLPB	ETRACS Alerian MLP Infrastructure Index ETN Series...	26.71%	231.17M	Oct 2015	RBLD vs MLPB
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ET...	25.88%	9.23M	May 2025	RBLD vs USNG
MLPX	Global X MLP & Energy Infrastructure ETF	25.38%	3.64B	Aug 2013	RBLD vs MLPX

Lowest Volatility Alternatives to RBLD

RBLD has 14.20% 1-year volatility. There are 16 ETFs in the Infrastructure Equities category with lower 1-year volatility, going as low as 10.32%.

Symbol	Name	Volatility 1Y	AUM	Inception
BILT	iShares Infrastructure Active ETF	10.32%	—	Jul 2025	RBLD vs BILT
EMLP	First Trust North American Energy Infrastructure F...	10.35%	4.13B	Jun 2012	RBLD vs EMLP
NFRA	FlexShares STOXX Global Broad Infrastructure Index...	10.40%	3.00B	Oct 2013	RBLD vs NFRA
TOLZ	ProShares DJ Brookfield Global Infrastructure ETF	10.71%	176.36M	Mar 2014	RBLD vs TOLZ
IGF	iShares Global Infrastructure ETF	10.72%	10.93B	Dec 2007	RBLD vs IGF

Lowest Drawdown Alternatives to RBLD

RBLD has a 1-year max drawdown of -7.19%. There are 9 ETFs in the Infrastructure Equities category with shallower 1-year drawdowns, going as shallow as -4.94%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
EMLP	First Trust North American Energy Infrastructure F...	-4.94%	4.13B	Jun 2012	RBLD vs EMLP
TOLZ	ProShares DJ Brookfield Global Infrastructure ETF	-5.18%	176.36M	Mar 2014	RBLD vs TOLZ
BILT	iShares Infrastructure Active ETF	-5.38%	—	Jul 2025	RBLD vs BILT
IGF	iShares Global Infrastructure ETF	-5.87%	10.93B	Dec 2007	RBLD vs IGF
GII	SPDR S&P Global Infrastructure ETF	-5.94%	941.89M	Jan 2007	RBLD vs GII

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	44	31.78%	14.31B	Jul 2015	RBLD vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Infrastructure Equities, Alternative Energy Equities, Energy Equities	53	19.50%	11.67B	Nov 2009	RBLD vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	63	22.38%	10.18B	Mar 2014	RBLD vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	9	-5.08%	118.19M	Feb 2012	RBLD vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	92	18.62%	7.77B	Mar 2006	RBLD vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	23	-6.86%	514.13M	Mar 2021	RBLD vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	91	68.79%	1.27B	Sep 2016	RBLD vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	49	16.55%	4.18B	Aug 2012	RBLD vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities, Energy Equities	42	13.15%	586.61M	Feb 2007	RBLD vs QCLN
RDVY	First Trust Rising Dividend Achievers ETF	Dividend, Large Cap Blend Equities	88	18.21%	24.89B	Jan 2014	RBLD vs RDVY

Often Compared With RBLD

Investors most often compare RBLD with AIPO, PAVE, UTES. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AIPO	Defiance AI & Power Infrastructure ETF	Artificial Intelligence, Building & Construction, Technology Equities	50	33.86%	888.24M	Jul 2025	RBLD vs AIPO
PAVE	Global X US Infrastructure Development ETF	Infrastructure Equities, Industrials Equities	61	20.61%	14.54B	Mar 2017	RBLD vs PAVE
UTES	Virtus Reaves Utilities ETF	Utilities Equities	9	0.36%	1.33B	Sep 2015	RBLD vs UTES
QGRW	WisdomTree U.S. Quality Growth Fund	Quality Factor, Large Cap Growth Equities	50	13.60%	2.68B	Dec 2022	RBLD vs QGRW
GABF	Gabelli Financial Services Opportunities ETF	Financials Equities	12	0.15%	50.20M	May 2022	RBLD vs GABF
SUPL	ProShares Supply Chain Logistics ETF	Industrials Equities	72	17.40%	2.31M	Apr 2022	RBLD vs SUPL
VIS	Vanguard Industrials ETF	Industrials Equities	56	18.40%	9.10B	Sep 2004	RBLD vs VIS
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	51	22.35%	21.05B	Oct 2015	RBLD vs SPMO
ITA	iShares U.S. Aerospace & Defense ETF	Aerospace & Defense, Industrials Equities	45	14.78%	14.10B	May 2006	RBLD vs ITA
JETS	U.S. Global Jets ETF	Industrials Equities	49	16.39%	851.43M	Apr 2015	RBLD vs JETS
ROKT	SPDR S&P Kensho Final Frontiers ETF	Industrials Equities	81	33.82%	225.42M	Oct 2018	RBLD vs ROKT
SEA	U.S. Global Sea to Sky Cargo ETF	Industrials Equities	89	30.53%	15.53M	Jan 2022	RBLD vs SEA
HVAC	AdvisorShares HVAC and Industrials ETF	Industrials Equities	26	16.27%	14.39M	Feb 2025	RBLD vs HVAC
XLI	Industrial Select Sector SPDR Fund	Industrials Equities	58	18.70%	32.43B	Dec 1998	RBLD vs XLI
IYJ	iShares U.S. Industrials ETF	Industrials Equities	44	12.88%	1.94B	Jul 2000	RBLD vs IYJ
RSPN	Invesco S&P 500® Equal Weight Industrials ETF	Industrials Equities, S&P 500, Equal Weight	43	13.16%	1.09B	Jan 2006	RBLD vs RSPN
EVX	VanEck Vectors Environmental Services ETF	Industrials Equities	23	7.03%	99.28M	Oct 2006	RBLD vs EVX
FTXR	First Trust Nasdaq Transportation ETF	Industrials Equities	80	16.17%	1.04B	Sep 2016	RBLD vs FTXR
PSCI	Invesco S&P SmallCap Industrials ETF	Industrials Equities	63	21.95%	187.50M	Apr 2010	RBLD vs PSCI
KARS	KraneShares Electric Vehicles and Future Mobility ...	Industrials Equities	34	-3.05%	77.51M	Jan 2018	RBLD vs KARS

Compare RBLD with Any Fund or Stock

Compare RBLD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair RBLD with funds that move differently

First Trust Alerian U.S. NextGen Infrastructure ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RBLD.

Explore RBLD Diversifiers

First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) Alternatives