INFR vs. FUTY

Last updated Jun 5, 2026

INFR (ClearBridge Sustainable Infrastructure ETF) and FUTY (Fidelity MSCI Utilities Index ETF) are both exchange-traded funds - INFR is a Energy Equities fund tracking the RARE Global Infrastructure Index, while FUTY is a Utilities Equities fund tracking the MSCI USA IMI Utilities Index. Both are passively managed. Over the past 3 years, INFR returned 5.65%/yr vs 13.73%/yr for FUTY. A 0.59 correlation means they provide meaningful diversification when combined. INFR charges 0.59%/yr vs 0.08%/yr for FUTY.

Performance

INFR vs. FUTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Sustainable Infrastructure ETF (INFR) and Fidelity MSCI Utilities Index ETF (FUTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INFR achieves a 1.41% return, which is significantly lower than FUTY's 3.78% return.

INFR

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.41%
• 6M: 1.48%
• 1Y: 7.63%
• 3Y*: 5.65%
• 5Y*: —
• 10Y*: —

FUTY

• 1D: 0.60%
• 1M: -4.86%
• YTD: 3.78%
• 6M: 1.95%
• 1Y: 12.10%
• 3Y*: 13.73%
• 5Y*: 9.26%
• 10Y*: 9.10%

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

INFR vs. FUTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
INFR ClearBridge Sustainable Infrastructure ETF	1.41%	24.00%	-6.23%	5.20%	-0.19%
FUTY Fidelity MSCI Utilities Index ETF	3.78%	16.40%	23.20%	-7.46%	0.77%

Correlation

The correlation between INFR and FUTY is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (All Time) Calculated using the full available price history since Dec 19, 2022	0.59

Over the past year, the correlation between INFR and FUTY has dropped to 0.34 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

INFR vs. FUTY - Sectors Allocation Comparison

Sectors	INFR	FUTY
Utilities	68.5%	99.2%
Industrials	27.5%	0.2%
Real Estate	4.1%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	0.5%
Financial Services	-	-
Healthcare	-	-
Technology	-	-

Return for Risk

INFR vs. FUTY — Risk / Return Rank

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

INFR

INFR Risk / Return Rank: 27
INFR Sharpe Ratio Rank: 26
INFR Sortino Ratio Rank: 25
INFR Omega Ratio Rank: 31
INFR Calmar Ratio Rank: 27
INFR Martin Ratio Rank: 28

FUTY

FUTY Risk / Return Rank: 25
FUTY Sharpe Ratio Rank: 25
FUTY Sortino Ratio Rank: 24
FUTY Omega Ratio Rank: 24
FUTY Calmar Ratio Rank: 29
FUTY Martin Ratio Rank: 24

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.

INFR vs. FUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Sustainable Infrastructure ETF (INFR) and Fidelity MSCI Utilities Index ETF (FUTY). 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.

	INFR	FUTY	Difference
Sharpe ratio: Return per unit of total volatility	0.91	0.85	+0.05
Sortino ratio: Return per unit of downside risk	1.33	1.23	+0.10
Omega ratio: Gain probability vs. loss probability	1.20	1.15	+0.05
Calmar ratio: Return relative to maximum drawdown	1.25	1.36	-0.11
Martin ratio: Return relative to average drawdown	3.88	3.05	+0.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INFR vs. FUTY - Sharpe Ratio Comparison

The current INFR Sharpe Ratio is 0.91, which is comparable to the FUTY Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of INFR and FUTY, 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

	INFR	FUTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	0.85	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.55	-0.10

Drawdowns

INFR vs. FUTY - Drawdown Comparison

The maximum INFR drawdown since its inception was -19.28%, smaller than the maximum FUTY drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for INFR and FUTY.

Drawdown Indicators

	INFR	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	-19.28%	-36.44%	+17.16%
Max Drawdown (1Y) Largest decline over 1 year	-6.43%	-8.93%	+2.50%
Max Drawdown (3Y) Largest decline over 3 years	-18.55%	-17.35%	-1.20%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.44%	—
Current Drawdown Current decline from peak	-0.70%	-6.72%	+6.02%
Average Drawdown Average peak-to-trough decline	-4.92%	-6.03%	+1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	3.98%	-1.94%

Volatility

INFR vs. FUTY - Volatility Comparison

The current volatility for ClearBridge Sustainable Infrastructure ETF (INFR) is 0.00%, while Fidelity MSCI Utilities Index ETF (FUTY) has a volatility of 5.52%. This indicates that INFR experiences smaller price fluctuations and is considered to be less risky than FUTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INFR	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	5.52%	-5.52%
Volatility (6M) Calculated over the trailing 6-month period	3.73%	11.38%	-7.65%
Volatility (1Y) Calculated over the trailing 1-year period	8.90%	14.34%	-5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.25%	17.08%	-2.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.25%	19.05%	-4.80%

INFR vs. FUTY - Expense Ratio Comparison

INFR has a 0.59% expense ratio, which is higher than FUTY's 0.08% expense ratio.

Dividends

INFR vs. FUTY - Dividend Comparison

INFR's dividend yield for the trailing twelve months is around 2.49%, less than FUTY's 2.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUTY Fidelity MSCI Utilities Index ETF	2.60%	2.67%	2.96%	3.31%	2.72%	2.70%	3.07%	2.82%	3.11%	3.03%	3.35%	4.33%
INFR ClearBridge Sustainable Infrastructure ETF	2.49%	2.52%	2.36%	3.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both INFR and FUTY in my portfolio?

INFR and FUTY have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INFR or FUTY?

FUTY has higher volatility (5.52%) compared to INFR (0.00%). In terms of maximum drawdown, INFR dropped -19.28% vs FUTY's -36.44%.

Which ETF is better, INFR or FUTY?

On 3-year performance, FUTY leads with 13.73% vs 5.65% for INFR. On fees, FUTY is cheaper at 0.08% per year. On volatility, INFR has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INFR or FUTY?

Over the 3-year period, FUTY has performed better with a 13.73% return vs 5.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INFR or FUTY?

FUTY is cheaper with a 0.08% expense ratio, compared with 0.59% for INFR.

Which ETF pays a higher dividend yield, INFR or FUTY?

FUTY has the higher dividend yield at 2.60%, compared with 2.49% for INFR.

What is the main difference between INFR and FUTY?

INFR is categorized as Energy Equities, while FUTY is Utilities Equities. INFR tracks RARE Global Infrastructure Index, while FUTY tracks MSCI USA IMI Utilities Index. They also come from different issuers: ClearBridge and Fidelity. Their fees differ too: 0.59% for INFR and 0.08% for FUTY.

Which has better risk-adjusted returns?

INFR currently has the higher Sharpe Ratio (0.91 vs 0.85), 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.