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CBAPJ.AX vs. IFRA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CBAPJ.AX vs. IFRA

Last updated Jun 5, 2026

CBAPJ.AX (Commonwealth Bank of Australia) is a stock, while IFRA (iShares U.S. Infrastructure ETF) is Industrials Equities fund tracking the NYSE FactSet U.S. Infrastructure Index. Over the past 5 years, CBAPJ.AX returned 3.80%/yr vs 15.16%/yr for IFRA. At a 0.00 correlation, their price movements are largely independent.

Performance

CBAPJ.AX vs. IFRA - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Commonwealth Bank of Australia (CBAPJ.AX) and iShares U.S. Infrastructure ETF (IFRA). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

CBAPJ.AX is traded in AUD, while IFRA is traded in USD. To make them comparable, the IFRA values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CBAPJ.AX achieves a 0.01% return, which is significantly lower than IFRA's 10.56% return.

CBAPJ.AX

1D
-1.36%
1M
-0.97%
YTD
0.01%
6M
0.21%
1Y
2.10%
3Y*
4.74%
5Y*
3.80%
10Y*
—

IFRA

1D
1.08%
1M
-0.86%
YTD
10.56%
6M
9.06%
1Y
18.97%
3Y*
17.75%
5Y*
15.16%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CBAPJ.AX vs. IFRA - Yearly Performance Comparison

2026 (YTD)20252024202320222021
CBAPJ.AX
Commonwealth Bank of Australia		0.01%3.34%5.82%3.71%2.60%3.99%
IFRA
iShares U.S. Infrastructure ETF		10.56%7.49%28.79%13.50%3.07%16.74%

Correlation

The correlation between CBAPJ.AX and IFRA is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.01

Correlation (3Y)
Calculated over the trailing 3-year period

-0.01

Correlation (5Y)
Calculated over the trailing 5-year period

-0.00

Correlation (All Time)
Calculated using the full available price history since Apr 8, 2021

0.00

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Commonwealth Bank of Australia

iShares U.S. Infrastructure ETF

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Often compared with IFRA:
IFRA vs. PAVEIFRA vs. IGFIFRA vs. NFRAIFRA vs. GIIIFRA vs. VOOIFRA vs. FNDAIFRA vs. IYH

Return for Risk

CBAPJ.AX vs. IFRA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CBAPJ.AX
CBAPJ.AX Risk / Return Rank: 6363
Overall Rank
CBAPJ.AX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
CBAPJ.AX Sortino Ratio Rank: 5252
Sortino Ratio Rank
CBAPJ.AX Omega Ratio Rank: 5454
Omega Ratio Rank
CBAPJ.AX Calmar Ratio Rank: 6868
Calmar Ratio Rank
CBAPJ.AX Martin Ratio Rank: 7878
Martin Ratio Rank
IFRA
IFRA Risk / Return Rank: 6767
Overall Rank
IFRA Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
IFRA Sortino Ratio Rank: 6767
Sortino Ratio Rank
IFRA Omega Ratio Rank: 5858
Omega Ratio Rank
IFRA Calmar Ratio Rank: 7373
Calmar Ratio Rank
IFRA Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CBAPJ.AX vs. IFRA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Commonwealth Bank of Australia (CBAPJ.AX) and iShares U.S. Infrastructure ETF (IFRA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

CBAPJ.AXIFRADifference
Sharpe ratioReturn per unit of total volatility
0.66
1.41

-0.75

Sortino ratioReturn per unit of downside risk
0.90
2.12

-1.22

Omega ratioGain probability vs. loss probability

1.13

1.24

-0.11

Calmar ratioReturn relative to maximum drawdown

1.45

2.50

-1.05

Martin ratioReturn relative to average drawdown

5.99

7.67

-1.68

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CBAPJ.AX vs. IFRA - Sharpe Ratio Comparison

The current CBAPJ.AX Sharpe Ratio is 0.66, which is lower than the IFRA Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of CBAPJ.AX and IFRA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

CBAPJ.AXIFRADifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.66

1.41

-0.75

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.86

0.98

-0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.87

0.77

+0.09

Drawdowns

CBAPJ.AX vs. IFRA - Drawdown Comparison

The maximum CBAPJ.AX drawdown since its inception was -5.45%, smaller than the maximum IFRA drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for CBAPJ.AX and IFRA.

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Drawdown Indicators

CBAPJ.AXIFRADifference

Max Drawdown

Largest peak-to-trough decline

-5.45%

-33.10%

+27.65%

Max Drawdown (1Y)

Largest decline over 1 year

-1.44%

-7.62%

+6.18%

Max Drawdown (3Y)

Largest decline over 3 years

-2.56%

-15.03%

+12.47%

Max Drawdown (5Y)

Largest decline over 5 years

-5.45%

-15.03%

+9.58%

Current Drawdown

Current decline from peak

-1.44%

-0.86%

-0.58%

Average Drawdown

Average peak-to-trough decline

-0.73%

-4.72%

+3.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.34%

2.48%

-2.14%

Volatility

CBAPJ.AX vs. IFRA - Volatility Comparison

The current volatility for Commonwealth Bank of Australia (CBAPJ.AX) is 1.54%, while iShares U.S. Infrastructure ETF (IFRA) has a volatility of 4.64%. This indicates that CBAPJ.AX experiences smaller price fluctuations and is considered to be less risky than IFRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CBAPJ.AXIFRADifference

Volatility (1M)

Calculated over the trailing 1-month period

1.54%

4.64%

-3.10%

Volatility (6M)

Calculated over the trailing 6-month period

2.15%

10.47%

-8.32%

Volatility (1Y)

Calculated over the trailing 1-year period

3.16%

13.52%

-10.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.40%

15.49%

-11.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.34%

19.05%

-14.71%

Dividends

CBAPJ.AX vs. IFRA - Dividend Comparison

CBAPJ.AX's dividend yield for the trailing twelve months is around 4.57%, more than IFRA's 1.58% yield.

PositionTTM20252024202320222021202020192018
CBAPJ.AX
Commonwealth Bank of Australia		4.57%4.65%4.88%4.51%2.67%1.34%0.00%0.00%0.00%
IFRA
iShares U.S. Infrastructure ETF		1.58%1.84%1.75%1.98%1.98%1.63%2.08%1.68%2.50%

Frequently Asked Questions

CBAPJ.AX and IFRA have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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