EVX vs. IFRA

Last updated Apr 1, 2026

Compare and contrast key facts about VanEck Vectors Environmental Services ETF (EVX) and iShares U.S. Infrastructure ETF (IFRA).

EVX and IFRA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EVX is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Environmental Services Index. It was launched on Oct 16, 2006. IFRA is a passively managed fund by iShares that tracks the performance of the NYSE FactSet U.S. Infrastructure Index. It was launched on Apr 3, 2018. Both EVX and IFRA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EVX vs. IFRA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Environmental Services ETF (EVX) and iShares U.S. Infrastructure ETF (IFRA). The values are adjusted to include any dividend payments, if applicable.

EVX vs. IFRA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EVX VanEck Vectors Environmental Services ETF	1.28%	11.72%	12.99%	12.97%	-10.58%	27.47%	13.28%	28.41%	-3.13%
IFRA iShares U.S. Infrastructure ETF	9.22%	15.90%	17.02%	13.42%	-3.32%	29.81%	7.37%	27.00%	-8.57%

Returns By Period

In the year-to-date period, EVX achieves a 1.28% return, which is significantly lower than IFRA's 9.22% return.

EVX

• 1D: 1.92%
• 1M: -8.00%
• YTD: 1.28%
• 6M: -0.39%
• 1Y: 9.47%
• 3Y*: 10.57%
• 5Y*: 7.99%
• 10Y*: 12.14%

IFRA

• 1D: 1.73%
• 1M: -4.77%
• YTD: 9.22%
• 6M: 9.42%
• 1Y: 29.26%
• 3Y*: 17.55%
• 5Y*: 12.58%
• 10Y*: —

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

EVX vs. IFRA - Expense Ratio Comparison

EVX has a 0.55% expense ratio, which is higher than IFRA's 0.30% expense ratio.

EVX

VanEck Vectors Environmental Services ETF

IFRA

iShares U.S. Infrastructure ETF

Return for Risk

EVX vs. IFRA — Risk / Return Rank

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

EVX

EVX Risk / Return Rank: 32
EVX Sharpe Ratio Rank: 33
EVX Sortino Ratio Rank: 32
EVX Omega Ratio Rank: 30
EVX Calmar Ratio Rank: 36
EVX Martin Ratio Rank: 31

IFRA

IFRA Risk / Return Rank: 87
IFRA Sharpe Ratio Rank: 86
IFRA Sortino Ratio Rank: 89
IFRA Omega Ratio Rank: 82
IFRA Calmar Ratio Rank: 89
IFRA Martin Ratio Rank: 91

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.

EVX vs. IFRA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Environmental Services ETF (EVX) 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.

	EVX	IFRA	Difference
Sharpe ratio Return per unit of total volatility	0.57	1.72	-1.15
Sortino ratio Return per unit of downside risk	0.90	2.43	-1.53
Omega ratio Gain probability vs. loss probability	1.12	1.31	-0.19
Calmar ratio Return relative to maximum drawdown	0.87	2.74	-1.87
Martin ratio Return relative to average drawdown	2.52	11.75	-9.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EVX vs. IFRA - Sharpe Ratio Comparison

The current EVX Sharpe Ratio is 0.57, which is lower than the IFRA Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of EVX and IFRA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EVX	IFRA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.57	1.72	-1.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.71	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.60	-0.17

Correlation

The correlation between EVX and IFRA is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EVX vs. IFRA - Dividend Comparison

EVX's dividend yield for the trailing twelve months is around 0.18%, less than IFRA's 1.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVX VanEck Vectors Environmental Services ETF	0.18%	0.19%	0.46%	0.95%	0.41%	0.24%	0.32%	0.38%	0.38%	0.89%	0.70%	1.16%
IFRA iShares U.S. Infrastructure ETF	1.70%	1.84%	1.75%	1.98%	1.98%	1.63%	2.08%	1.68%	2.50%	0.00%	0.00%	0.00%

Drawdowns

EVX vs. IFRA - Drawdown Comparison

The maximum EVX drawdown since its inception was -55.91%, which is greater than IFRA's maximum drawdown of -41.06%. Use the drawdown chart below to compare losses from any high point for EVX and IFRA.

Drawdown Indicators

	EVX	IFRA	Difference
Max Drawdown Largest peak-to-trough decline	-55.91%	-41.06%	-14.85%
Max Drawdown (1Y) Largest decline over 1 year	-11.53%	-10.68%	-0.85%
Max Drawdown (5Y) Largest decline over 5 years	-21.45%	-19.93%	-1.52%
Max Drawdown (10Y) Largest decline over 10 years	-41.01%	—	—
Current Drawdown Current decline from peak	-8.50%	-5.08%	-3.42%
Average Drawdown Average peak-to-trough decline	-8.78%	-5.21%	-3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	2.50%	+1.49%

Volatility

EVX vs. IFRA - Volatility Comparison

The current volatility for VanEck Vectors Environmental Services ETF (EVX) is 5.00%, while iShares U.S. Infrastructure ETF (IFRA) has a volatility of 5.31%. This indicates that EVX 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.

Volatility by Period

	EVX	IFRA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.00%	5.31%	-0.31%
Volatility (6M) Calculated over the trailing 6-month period	10.51%	10.31%	+0.20%
Volatility (1Y) Calculated over the trailing 1-year period	16.76%	17.12%	-0.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.65%	17.80%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.23%	21.45%	-1.22%