ELFY vs. BILT

Last updated Jul 15, 2026

ELFY (ALPS Electrification Infrastructure ETF) and BILT (iShares Infrastructure Active ETF) are both Utilities Equities funds. ELFY is passively managed, while BILT is actively managed. At a 0.37 correlation, their price movements are largely independent. ELFY charges 0.50%/yr vs 0.60%/yr for BILT.

Performance

ELFY vs. BILT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Electrification Infrastructure ETF (ELFY) and iShares Infrastructure Active ETF (BILT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ELFY achieves a 21.71% return, which is significantly higher than BILT's 16.08% return.

ELFY

• 1D: 1.06%
• 1M: -2.58%
• 6M: 16.15%
• YTD: 21.71%
• 1Y: 31.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BILT

• 1D: 0.14%
• 1M: 1.53%
• 6M: 15.77%
• YTD: 16.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ELFY vs. BILT - Yearly Performance Comparison

	2026 (YTD)	2025
ELFY ALPS Electrification Infrastructure ETF	21.71%	4.65%
BILT iShares Infrastructure Active ETF	16.08%	4.16%

Correlation

The correlation between ELFY and BILT is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.37

Return for Risk

ELFY vs. BILT — Risk / Return Rank

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

ELFY

ELFY Risk / Return Rank: 65
ELFY Sharpe Ratio Rank: 58
ELFY Sortino Ratio Rank: 55
ELFY Omega Ratio Rank: 52
ELFY Calmar Ratio Rank: 85
ELFY Martin Ratio Rank: 72

BILT

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.

ELFY vs. BILT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Electrification Infrastructure ETF (ELFY) and iShares Infrastructure Active ETF (BILT). 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.

	ELFY	BILT	Difference
Sharpe ratio: Return per unit of total volatility	1.56	—	—
Sortino ratio: Return per unit of downside risk	2.14	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	3.76	—	—
Martin ratio: Return relative to average drawdown	10.43	—	—

Drawdowns

ELFY vs. BILT - Drawdown Comparison

The maximum ELFY drawdown since its inception was -8.37%, which is greater than BILT's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for ELFY and BILT.

Drawdown Indicators

	ELFY	BILT	Difference
Max Drawdown Largest peak-to-trough decline	-8.37%	-5.38%	-2.99%
Max Drawdown (1Y) Largest decline over 1 year	-8.37%	—	—
Current Drawdown Current decline from peak	-6.34%	0.00%	-6.34%
Average Drawdown Average peak-to-trough decline	-1.80%	-1.39%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	—	—

Volatility

Volatility by Period

	ELFY	BILT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.17%	10.32%	+9.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.75%	10.32%	+9.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.75%	10.32%	+9.43%

ELFY vs. BILT - Expense Ratio Comparison

ELFY has a 0.50% expense ratio, which is lower than BILT's 0.60% expense ratio.

Dividends

ELFY vs. BILT - Dividend Comparison

ELFY's dividend yield for the trailing twelve months is around 1.01%, less than BILT's 5.61% yield.

Position	TTM	2025
BILT iShares Infrastructure Active ETF	5.61%	0.99%
ELFY ALPS Electrification Infrastructure ETF	1.01%	0.76%

Frequently Asked Questions

Can I hold both ELFY and BILT in my portfolio?

ELFY and BILT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ELFY or BILT?

On fees, ELFY is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ELFY or BILT?

ELFY is cheaper with a 0.50% expense ratio, compared with 0.60% for BILT.

Which ETF pays a higher dividend yield, ELFY or BILT?

BILT has the higher dividend yield at 5.61%, compared with 1.01% for ELFY.

What is the main difference between ELFY and BILT?

They also come from different issuers: ALPS and iShares. Their fees differ too: 0.50% for ELFY and 0.60% for BILT.