IFRA vs. QUAL
Compare and contrast key facts about iShares U.S. Infrastructure ETF (IFRA) and iShares Edge MSCI USA Quality Factor ETF (QUAL).
IFRA and QUAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. QUAL is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality Index. It was launched on Jul 16, 2013. Both IFRA and QUAL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IFRA or QUAL.
Key characteristics
| IFRA | QUAL | |
|---|---|---|
| YTD Return | 5.27% | 6.92% |
| 1Y Return | 16.04% | 25.73% |
| 3Y Return (Ann) | 7.82% | 8.60% |
| 5Y Return (Ann) | 11.98% | 13.25% |
| Sharpe Ratio | 1.02 | 2.08 |
| Daily Std Dev | 15.89% | 12.47% |
| Max Drawdown | -41.06% | -34.06% |
| Current Drawdown | -2.61% | -5.13% |
Correlation
The correlation between IFRA and QUAL is 0.71, 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.
Performance
IFRA vs. QUAL - Performance Comparison
In the year-to-date period, IFRA achieves a 5.27% return, which is significantly lower than QUAL's 6.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IFRA vs. QUAL - Expense Ratio Comparison
IFRA has a 0.40% expense ratio, which is higher than QUAL's 0.15% expense ratio.
Risk-Adjusted Performance
IFRA vs. QUAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Infrastructure ETF (IFRA) and iShares Edge MSCI USA Quality Factor ETF (QUAL). 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.
Dividends
IFRA vs. QUAL - Dividend Comparison
IFRA's dividend yield for the trailing twelve months is around 1.85%, more than QUAL's 1.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IFRA iShares U.S. Infrastructure ETF | 1.85% | 1.98% | 1.98% | 1.63% | 2.08% | 1.68% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QUAL iShares Edge MSCI USA Quality Factor ETF | 1.16% | 1.23% | 1.59% | 1.20% | 1.39% | 1.60% | 2.00% | 1.76% | 1.96% | 1.63% | 1.35% | 0.63% |
Drawdowns
IFRA vs. QUAL - Drawdown Comparison
The maximum IFRA drawdown since its inception was -41.06%, which is greater than QUAL's maximum drawdown of -34.06%. Use the drawdown chart below to compare losses from any high point for IFRA and QUAL. For additional features, visit the drawdowns tool.
Volatility
IFRA vs. QUAL - Volatility Comparison
iShares U.S. Infrastructure ETF (IFRA) and iShares Edge MSCI USA Quality Factor ETF (QUAL) have volatilities of 3.92% and 4.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.