IFRA vs. ROKT

Last updated Jun 5, 2026

IFRA (iShares U.S. Infrastructure ETF) and ROKT (SPDR S&P Kensho Final Frontiers ETF) are both Industrials Equities funds - IFRA tracks the NYSE FactSet U.S. Infrastructure Index while ROKT tracks the S&P Kensho Final Frontiers Index. Both are passively managed. Over the past 5 years, IFRA returned 13.21%/yr vs 25.29%/yr for ROKT. A 0.76 correlation means they provide meaningful diversification when combined. IFRA charges 0.30%/yr vs 0.45%/yr for ROKT.

Performance

IFRA vs. ROKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Infrastructure ETF (IFRA) and SPDR S&P Kensho Final Frontiers ETF (ROKT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IFRA achieves a 17.78% return, which is significantly lower than ROKT's 50.15% return.

IFRA

• 1D: 0.78%
• 1M: -1.89%
• YTD: 17.78%
• 6M: 17.29%
• 1Y: 30.32%
• 3Y*: 20.60%
• 5Y*: 13.21%
• 10Y*: —

ROKT

• 1D: 2.46%
• 1M: 15.98%
• YTD: 50.15%
• 6M: 59.32%
• 1Y: 116.27%
• 3Y*: 46.53%
• 5Y*: 25.29%
• 10Y*: —

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

IFRA vs. ROKT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IFRA iShares U.S. Infrastructure ETF	17.78%	15.90%	17.02%	13.42%	-3.32%	29.81%	7.37%	27.00%	-7.82%
ROKT SPDR S&P Kensho Final Frontiers ETF	50.15%	50.56%	27.89%	14.41%	-0.81%	4.63%	7.99%	40.90%	-13.20%

Correlation

The correlation between IFRA and ROKT is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Oct 24, 2018	0.76

The correlation between IFRA and ROKT shifts across timeframes, from 0.57 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.

IFRA vs. ROKT - Sectors Allocation Comparison

Sectors	IFRA	ROKT
Industrials	39.4%	67.6%
Utilities	37.7%	-
Basic Materials	14.7%	-
Energy	7.9%	6.4%
Consumer Cyclical	0.0%	-
Consumer Defensive	0.0%	-
Communication Services	-	5.9%
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	20.2%

Return for Risk

IFRA vs. ROKT — Risk / Return Rank

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

IFRA

IFRA Risk / Return Rank: 67
IFRA Sharpe Ratio Rank: 63
IFRA Sortino Ratio Rank: 67
IFRA Omega Ratio Rank: 58
IFRA Calmar Ratio Rank: 73
IFRA Martin Ratio Rank: 73

ROKT

ROKT Risk / Return Rank: 94
ROKT Sharpe Ratio Rank: 96
ROKT Sortino Ratio Rank: 93
ROKT Omega Ratio Rank: 91
ROKT Calmar Ratio Rank: 97
ROKT Martin Ratio Rank: 96

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.

IFRA vs. ROKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Infrastructure ETF (IFRA) and SPDR S&P Kensho Final Frontiers ETF (ROKT). 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.

	IFRA	ROKT	Difference
Sharpe ratio: Return per unit of total volatility	2.07	4.04	-1.97
Sortino ratio: Return per unit of downside risk	3.02	4.61	-1.59
Omega ratio: Gain probability vs. loss probability	1.35	1.59	-0.24
Calmar ratio: Return relative to maximum drawdown	3.63	10.26	-6.63
Martin ratio: Return relative to average drawdown	13.52	37.06	-23.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IFRA vs. ROKT - Sharpe Ratio Comparison

The current IFRA Sharpe Ratio is 2.07, which is lower than the ROKT Sharpe Ratio of 4.04. The chart below compares the historical Sharpe Ratios of IFRA and ROKT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IFRA	ROKT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.07	4.04	-1.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	1.11	-0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.88	-0.24

Drawdowns

IFRA vs. ROKT - Drawdown Comparison

The maximum IFRA drawdown since its inception was -41.06%, roughly equal to the maximum ROKT drawdown of -43.16%. Use the drawdown chart below to compare losses from any high point for IFRA and ROKT.

Drawdown Indicators

	IFRA	ROKT	Difference
Max Drawdown Largest peak-to-trough decline	-41.06%	-43.16%	+2.10%
Max Drawdown (1Y) Largest decline over 1 year	-8.40%	-11.40%	+3.00%
Max Drawdown (3Y) Largest decline over 3 years	-19.93%	-23.46%	+3.53%
Max Drawdown (5Y) Largest decline over 5 years	-19.93%	-23.46%	+3.53%
Current Drawdown Current decline from peak	-1.89%	-6.58%	+4.69%
Average Drawdown Average peak-to-trough decline	-5.14%	-6.75%	+1.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	3.15%	-0.90%

Volatility

IFRA vs. ROKT - Volatility Comparison

The current volatility for iShares U.S. Infrastructure ETF (IFRA) is 4.74%, while SPDR S&P Kensho Final Frontiers ETF (ROKT) has a volatility of 13.17%. This indicates that IFRA experiences smaller price fluctuations and is considered to be less risky than ROKT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IFRA	ROKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.74%	13.17%	-8.43%
Volatility (6M) Calculated over the trailing 6-month period	11.31%	25.05%	-13.74%
Volatility (1Y) Calculated over the trailing 1-year period	14.77%	28.95%	-14.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.92%	22.80%	-4.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.37%	25.15%	-3.78%

IFRA vs. ROKT - Expense Ratio Comparison

IFRA has a 0.30% expense ratio, which is lower than ROKT's 0.45% expense ratio.

Dividends

IFRA vs. ROKT - Dividend Comparison

IFRA's dividend yield for the trailing twelve months is around 1.58%, more than ROKT's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IFRA iShares U.S. Infrastructure ETF	1.58%	1.84%	1.75%	1.98%	1.98%	1.63%	2.08%	1.68%	2.50%
ROKT SPDR S&P Kensho Final Frontiers ETF	0.26%	0.41%	0.57%	0.62%	0.54%	1.79%	0.48%	0.74%	0.16%

Frequently Asked Questions

Can I hold both IFRA and ROKT in my portfolio?

IFRA and ROKT have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IFRA or ROKT?

ROKT has higher volatility (13.17%) compared to IFRA (4.74%). In terms of maximum drawdown, IFRA dropped -41.06% vs ROKT's -43.16%.

Which ETF is better, IFRA or ROKT?

On 5-year performance, ROKT leads with 25.29% vs 13.21% for IFRA. On fees, IFRA is cheaper at 0.30% per year. On volatility, IFRA has been the lower-risk option at 4.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IFRA or ROKT?

Over the 5-year period, ROKT has performed better with a 25.29% return vs 13.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IFRA or ROKT?

IFRA is cheaper with a 0.30% expense ratio, compared with 0.45% for ROKT.

Which ETF pays a higher dividend yield, IFRA or ROKT?

IFRA has the higher dividend yield at 1.58%, compared with 0.26% for ROKT.

What is the main difference between IFRA and ROKT?

IFRA tracks NYSE FactSet U.S. Infrastructure Index, while ROKT tracks S&P Kensho Final Frontiers Index. They also come from different issuers: iShares and State Street. Their fees differ too: 0.30% for IFRA and 0.45% for ROKT.

Which has better risk-adjusted returns?

ROKT currently has the higher Sharpe Ratio (4.04 vs 2.07), 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.