EFAV vs. INFR

Last updated Jun 26, 2026

EFAV (iShares MSCI EAFE Min Vol Factor ETF) and INFR (ClearBridge Sustainable Infrastructure ETF) are both exchange-traded funds - EFAV is a Foreign Large Cap Equities fund tracking the MSCI EAFE Minimum Volatility (USD) Index, while INFR is a Energy Equities fund tracking the RARE Global Infrastructure Index. Both are passively managed. Over the past 3 years, EFAV returned 12.70%/yr vs 5.42%/yr for INFR. A 0.67 correlation means they provide meaningful diversification when combined. EFAV charges 0.20%/yr vs 0.59%/yr for INFR.

Performance

EFAV vs. INFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI EAFE Min Vol Factor ETF (EFAV) and ClearBridge Sustainable Infrastructure ETF (INFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EFAV achieves a 2.87% return, which is significantly higher than INFR's 1.41% return.

EFAV

• 1D: 0.09%
• 1M: -2.63%
• YTD: 2.87%
• 6M: 2.52%
• 1Y: 8.94%
• 3Y*: 12.70%
• 5Y*: 5.82%
• 10Y*: 6.44%

INFR

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.41%
• 6M: 1.39%
• 1Y: 6.72%
• 3Y*: 5.42%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EFAV vs. INFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EFAV iShares MSCI EAFE Min Vol Factor ETF	2.87%	26.00%	5.30%	12.52%	0.28%
INFR ClearBridge Sustainable Infrastructure ETF	1.41%	24.00%	-6.23%	5.20%	-0.19%

Correlation

The correlation between EFAV and INFR is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (All Time) Calculated using the full available price history since Dec 16, 2022	0.67

The correlation between EFAV and INFR shifts across timeframes, from 0.47 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

EFAV vs. INFR - Sectors Allocation Comparison

Sectors	EFAV	INFR
Financial Services	19.4%	-
Industrials	15.9%	27.5%
Healthcare	12.0%	-
Consumer Defensive	11.9%	-
Communication Services	9.6%	-
Utilities	8.8%	68.5%
Energy	8.3%	-
Consumer Cyclical	5.0%	-
Technology	4.6%	-
Real Estate	3.0%	4.1%
Basic Materials	1.5%	-

Return for Risk

EFAV vs. INFR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EFAV

EFAV Risk / Return Rank: 26
EFAV Sharpe Ratio Rank: 26
EFAV Sortino Ratio Rank: 24
EFAV Omega Ratio Rank: 24
EFAV Calmar Ratio Rank: 30
EFAV Martin Ratio Rank: 27

INFR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

EFAV vs. INFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE Min Vol Factor ETF (EFAV) and ClearBridge Sustainable Infrastructure ETF (INFR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EFAV	INFR	Difference
Sharpe ratio: Return per unit of total volatility	0.85	0.93	-0.07
Sortino ratio: Return per unit of downside risk	1.25	1.36	-0.11
Omega ratio: Gain probability vs. loss probability	1.16	1.21	-0.05
Calmar ratio: Return relative to maximum drawdown	1.35	1.28	+0.07
Martin ratio: Return relative to average drawdown	3.35	3.97	-0.62

EFAV vs. INFR - Sharpe Ratio Comparison

The current EFAV Sharpe Ratio is 0.85, which is comparable to the INFR Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of EFAV and INFR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EFAV vs. INFR - Drawdown Comparison

The maximum EFAV drawdown since its inception was -27.56%, which is greater than INFR's maximum drawdown of -19.28%. Use the drawdown chart below to compare losses from any high point for EFAV and INFR.

Drawdown Indicators

	EFAV	INFR	Difference
Max Drawdown Largest peak-to-trough decline	-27.56%	-19.28%	-8.28%
Max Drawdown (1Y) Largest decline over 1 year	-6.66%	-6.43%	-0.23%
Max Drawdown (3Y) Largest decline over 3 years	-8.75%	-18.48%	+9.73%
Max Drawdown (5Y) Largest decline over 5 years	-27.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-27.56%	—	—
Current Drawdown Current decline from peak	-6.48%	-0.70%	-5.78%
Average Drawdown Average peak-to-trough decline	-4.77%	-4.91%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	2.04%	+0.63%

Volatility

EFAV vs. INFR - Volatility Comparison

iShares MSCI EAFE Min Vol Factor ETF (EFAV) has a higher volatility of 3.06% compared to ClearBridge Sustainable Infrastructure ETF (INFR) at 0.00%. This indicates that EFAV's price experiences larger fluctuations and is considered to be riskier than INFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFAV	INFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.06%	0.00%	+3.06%
Volatility (6M) Calculated over the trailing 6-month period	8.53%	3.73%	+4.80%
Volatility (1Y) Calculated over the trailing 1-year period	10.54%	8.90%	+1.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.82%	14.24%	-2.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.05%	14.24%	-1.19%

EFAV vs. INFR - Expense Ratio Comparison

EFAV has a 0.20% expense ratio, which is lower than INFR's 0.59% expense ratio.

Dividends

EFAV vs. INFR - Dividend Comparison

EFAV's dividend yield for the trailing twelve months is around 3.28%, while INFR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFAV iShares MSCI EAFE Min Vol Factor ETF	3.28%	3.20%	3.24%	3.08%	2.53%	2.47%	1.33%	4.19%	3.34%	2.45%	3.94%	2.49%
INFR ClearBridge Sustainable Infrastructure ETF	1.71%	2.52%	2.36%	3.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EFAV and INFR in my portfolio?

EFAV and INFR have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EFAV or INFR?

EFAV has higher volatility (3.06%) compared to INFR (0.00%). In terms of maximum drawdown, EFAV dropped -27.56% vs INFR's -19.28%.

Which ETF is better, EFAV or INFR?

On 3-year performance, EFAV leads with 12.70% vs 5.42% for INFR. On fees, EFAV is cheaper at 0.20% per year. On volatility, INFR has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EFAV or INFR?

Over the 3-year period, EFAV has performed better with a 12.70% return vs 5.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EFAV or INFR?

EFAV is cheaper with a 0.20% expense ratio, compared with 0.59% for INFR.

Which ETF pays a higher dividend yield, EFAV or INFR?

EFAV has the higher dividend yield at 3.28%, compared with 1.71% for INFR.

What is the main difference between EFAV and INFR?

EFAV is categorized as Foreign Large Cap Equities, while INFR is Energy Equities. EFAV tracks MSCI EAFE Minimum Volatility (USD) Index, while INFR tracks RARE Global Infrastructure Index. They also come from different issuers: iShares and ClearBridge. Their fees differ too: 0.20% for EFAV and 0.59% for INFR.

Which has better risk-adjusted returns?

INFR currently has the higher Sharpe Ratio (0.93 vs 0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.