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FIDU vs. IFRA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FIDU vs. IFRA

Last updated Aug 2, 2026
Documentation

FIDU (Fidelity MSCI Industrials Index ETF) and IFRA (iShares U.S. Infrastructure ETF) are both exchange-traded funds - FIDU is a Industrials Equities fund tracking the MSCI USA IMI Industrials Index, while IFRA is a Infrastructure Equities fund tracking the NYSE FactSet U.S. Infrastructure Index (TR). Both are passively managed. Over the past 5 years, FIDU returned 13.30%/yr vs 13.28%/yr for IFRA. Their correlation of 0.86 means they have usually moved in the same direction. FIDU charges 0.08%/yr vs 0.30%/yr for IFRA.

Performance

FIDU vs. IFRA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Industrials Index ETF (FIDU) and iShares U.S. Infrastructure ETF (IFRA). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with FIDU having a 16.05% return and IFRA slightly lower at 16.00%.

FIDU

1D
0.83%
1M
-3.08%
6M
7.73%
YTD
16.05%
1Y
21.56%
3Y*
18.89%
5Y*
13.30%
10Y*
14.03%
ALL TIME*
12.64%

IFRA

1D
0.00%
1M
-2.67%
6M
8.92%
YTD
16.00%
1Y
23.20%
3Y*
16.79%
5Y*
13.28%
10Y*
—
ALL TIME*
13.22%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

FIDU

Fidelity MSCI Industrials Index ETF
$8.05M$8.74M$9.96M

IFRA

iShares U.S. Infrastructure ETF
$20.72M$20.65M$23.36M

FIDU vs. IFRA - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
FIDU
Fidelity MSCI Industrials Index ETF		16.05%18.61%16.51%22.62%-8.36%20.96%13.72%30.69%-12.06%
IFRA
iShares U.S. Infrastructure ETF		16.00%15.90%17.02%13.42%-3.32%29.81%7.37%27.00%-7.97%

Correlation

The correlation between FIDU and IFRA is 0.83, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.83

Correlation (3Y)
Balances recent behavior with more history.

0.85

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.87

Correlation (All Time)
Calculated using the full available price history since Apr 5, 2018

0.86

The correlation between FIDU and IFRA has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.

FIDU vs. IFRA - Sectors Allocation Comparison

Sectors
FIDU
IFRA

Industrials

86.2%
36.9%

Technology

5.8%

-

Utilities

3.8%
37.8%

Basic Materials

1.6%
17.1%

Consumer Cyclical

0.5%
0.0%

Financial Services

0.2%

-

Real Estate

0.0%

-

Consumer Defensive

0.0%
0.0%

Healthcare

0.0%

-

Communication Services

0.0%

-

Energy

0.0%
7.9%

Industrials

FIDU
86.2%
IFRA
36.9%

Technology

FIDU
5.8%
IFRA

-

Utilities

FIDU
3.8%
IFRA
37.8%

Basic Materials

FIDU
1.6%
IFRA
17.1%

Consumer Cyclical

FIDU
0.5%
IFRA
0.0%

Financial Services

FIDU
0.2%
IFRA

-

Real Estate

FIDU
0.0%
IFRA

-

Consumer Defensive

FIDU
0.0%
IFRA
0.0%

Healthcare

FIDU
0.0%
IFRA

-

Communication Services

FIDU
0.0%
IFRA

-

Energy

FIDU
0.0%
IFRA
7.9%

Compare stocks, funds, or ETFs

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

Fidelity MSCI Industrials Index ETF

iShares U.S. Infrastructure ETF

Often compared with FIDU:
FIDU vs. XLIFIDU vs. VISFIDU vs. FENIFIDU vs. HONFIDU vs. EXIFIDU vs. VOOFIDU vs. SPY
Often compared with IFRA:
IFRA vs. PAVEIFRA vs. IGFIFRA vs. NFRAIFRA vs. GIIIFRA vs. VOOIFRA vs. FNDAIFRA vs. IYH

Return for Risk

FIDU vs. IFRA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
FIDU
FIDU Risk / Return Rank: 4646
Overall Rank
FIDU Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
FIDU Sortino Ratio Rank: 4444
Sortino Ratio Rank
FIDU Omega Ratio Rank: 4141
Omega Ratio Rank
FIDU Calmar Ratio Rank: 4545
Calmar Ratio Rank
FIDU Martin Ratio Rank: 5555
Martin Ratio Rank
IFRA
IFRA Risk / Return Rank: 6565
Overall Rank
IFRA Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
IFRA Sortino Ratio Rank: 6565
Sortino Ratio Rank
IFRA Omega Ratio Rank: 5555
Omega Ratio Rank
IFRA Calmar Ratio Rank: 7575
Calmar Ratio Rank
IFRA Martin Ratio Rank: 7070
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FIDU vs. IFRA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Industrials Index ETF (FIDU) 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.

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.

FIDUIFRADifference
Sharpe ratioReturn per unit of total volatility
1.09
1.43

-0.33

Sortino ratioReturn per unit of downside risk
1.60
2.14

-0.53

Omega ratioGain probability vs. loss probability

1.19

1.24

-0.05

Calmar ratioReturn relative to maximum drawdown

1.61

2.61

-1.00

Martin ratioReturn relative to average drawdown

6.39

8.59

-2.20

FIDU vs. IFRA - Sharpe Ratio Comparison

The current FIDU Sharpe Ratio is 1.09, which is comparable to the IFRA Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of FIDU 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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Drawdowns

FIDU vs. IFRA - Drawdown Comparison

The maximum FIDU drawdown since its inception was -42.31%, roughly equal to the maximum IFRA drawdown of -41.06%. Use the drawdown chart below to compare losses from any high point for FIDU and IFRA.

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Drawdown Indicators

FIDUIFRADifference

Max Drawdown

Largest peak-to-trough decline

-42.31%

-41.06%

-1.25%

Max Drawdown (1Y)

Largest decline over 1 year

-12.23%

-8.40%

-3.83%

Max Drawdown (3Y)

Largest decline over 3 years

-20.52%

-19.93%

-0.59%

Max Drawdown (5Y)

Largest decline over 5 years

-22.87%

-19.93%

-2.94%

Max Drawdown (10Y)

Largest decline over 10 years

-42.31%

—

—

Current Drawdown

Current decline from peak

-4.41%

-5.46%

+1.05%

Average Drawdown

Average peak-to-trough decline

-4.77%

-5.09%

+0.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.09%

2.55%

+0.54%

Volatility

FIDU vs. IFRA - Volatility Comparison

Fidelity MSCI Industrials Index ETF (FIDU) has a higher volatility of 5.09% compared to iShares U.S. Infrastructure ETF (IFRA) at 4.01%. This indicates that FIDU's price experiences larger fluctuations and is considered to be riskier 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

FIDUIFRADifference

Volatility (1M)

Calculated over the trailing 1-month period

5.09%

4.01%

+1.08%

Volatility (6M)

Calculated over the trailing 6-month period

14.73%

12.02%

+2.71%

Volatility (1Y)

Calculated over the trailing 1-year period

18.03%

15.40%

+2.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.47%

17.87%

+0.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.37%

21.29%

-0.92%

FIDU vs. IFRA - Expense Ratio Comparison

FIDU has a 0.08% expense ratio, which is lower than IFRA's 0.30% expense ratio.

Dividends

FIDU vs. IFRA - Dividend Comparison

FIDU's dividend yield for the trailing twelve months is around 0.95%, less than IFRA's 1.61% yield.

PositionTTM20252024202320222021202020192018201720162015
FIDU
Fidelity MSCI Industrials Index ETF		0.95%1.02%1.42%1.42%1.48%1.12%1.28%1.73%1.99%1.60%1.63%1.98%
IFRA
iShares U.S. Infrastructure ETF		1.61%1.84%1.75%1.98%1.98%1.63%2.08%1.68%2.50%0.00%0.00%0.00%

Frequently Asked Questions

FIDU and IFRA have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FIDU has higher volatility (5.09%) compared to IFRA (4.01%). In terms of maximum drawdown, FIDU dropped -42.31% vs IFRA's -41.06%.

On 5-year performance, FIDU leads with 13.30% vs 13.28% for IFRA. On fees, FIDU is cheaper at 0.08% per year. On volatility, IFRA has been the lower-risk option at 4.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, FIDU has performed better with a 13.30% return vs 13.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FIDU is cheaper with a 0.08% expense ratio, compared with 0.30% for IFRA.

IFRA has the higher dividend yield at 1.61%, compared with 0.95% for FIDU.

FIDU is categorized as Industrials Equities, while IFRA is Infrastructure Equities. FIDU tracks MSCI USA IMI Industrials Index, while IFRA tracks NYSE FactSet U.S. Infrastructure Index (TR). They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.08% for FIDU and 0.30% for IFRA.

IFRA currently has the higher Sharpe Ratio (1.43 vs 1.09), 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.

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