NFRA vs. FEIG
NFRA (FlexShares STOXX Global Broad Infrastructure Index Fund) and FEIG (FlexShares ESG & Climate Investment Grade Corporate Core Index Fund) are both exchange-traded funds - NFRA is a Utilities Equities fund tracking the STOXX Global Broad Infrastructure Index, while FEIG is a Corporate Bonds fund tracking the Northern Trust ESG & Climate Investment Grade U.S. Corporate Core TR. Both are passively managed. Over the past 3 years, NFRA returned 12.91%/yr vs 4.94%/yr for FEIG. At a 0.43 correlation, their price movements are largely independent. NFRA charges 0.47%/yr vs 0.12%/yr for FEIG.
Performance
NFRA vs. FEIG - Performance Comparison
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Returns By Period
In the year-to-date period, NFRA achieves a 8.93% return, which is significantly higher than FEIG's 0.48% return.
NFRA
- 1D
- -1.08%
- 1M
- 0.27%
- YTD
- 8.93%
- 6M
- 9.67%
- 1Y
- 13.59%
- 3Y*
- 12.91%
- 5Y*
- 5.56%
- 10Y*
- 7.17%
FEIG
- 1D
- -0.22%
- 1M
- 0.74%
- YTD
- 0.48%
- 6M
- 0.30%
- 1Y
- 5.75%
- 3Y*
- 4.94%
- 5Y*
- —
- 10Y*
- —
NFRA vs. FEIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund | 8.93% | 18.42% | 4.76% | 8.96% | -10.11% | 1.89% |
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund | 0.48% | 7.31% | 1.75% | 8.57% | -15.91% | -1.46% |
Correlation
The correlation between NFRA and FEIG is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2021 | 0.43 |
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Return for Risk
NFRA vs. FEIG — Risk / Return Rank
NFRA
FEIG
NFRA vs. FEIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) and FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG). 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.
| NFRA | FEIG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 1.31 | +0.01 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.94 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.23 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.87 | 2.05 | -0.18 |
Martin ratioReturn relative to average drawdown | 6.01 | 6.26 | -0.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NFRA | FEIG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.31 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | -0.04 | +0.52 |
Drawdowns
NFRA vs. FEIG - Drawdown Comparison
The maximum NFRA drawdown since its inception was -32.49%, which is greater than FEIG's maximum drawdown of -22.26%. Use the drawdown chart below to compare losses from any high point for NFRA and FEIG.
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Drawdown Indicators
| NFRA | FEIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.49% | -22.26% | -10.23% |
Max Drawdown (1Y)Largest decline over 1 year | -7.28% | -2.81% | -4.47% |
Max Drawdown (3Y)Largest decline over 3 years | -11.15% | -6.67% | -4.48% |
Max Drawdown (5Y)Largest decline over 5 years | -22.75% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.49% | — | — |
Current DrawdownCurrent decline from peak | -2.15% | -1.56% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -4.53% | -9.52% | +4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 0.92% | +1.35% |
Volatility
NFRA vs. FEIG - Volatility Comparison
FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) has a higher volatility of 3.35% compared to FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) at 1.48%. This indicates that NFRA's price experiences larger fluctuations and is considered to be riskier than FEIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NFRA | FEIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 1.48% | +1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 8.30% | 3.24% | +5.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.37% | 4.40% | +5.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.98% | 7.40% | +5.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.97% | 7.40% | +7.57% |
NFRA vs. FEIG - Expense Ratio Comparison
NFRA has a 0.47% expense ratio, which is higher than FEIG's 0.12% expense ratio.
Dividends
NFRA vs. FEIG - Dividend Comparison
NFRA's dividend yield for the trailing twelve months is around 5.54%, more than FEIG's 4.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund | 4.75% | 4.84% | 4.65% | 4.21% | 2.99% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund | 5.54% | 6.00% | 3.33% | 2.57% | 2.28% | 2.71% | 2.22% | 2.27% | 3.06% | 2.81% | 2.98% | 2.47% |
Frequently Asked Questions
NFRA and FEIG have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFRA has higher volatility (3.35%) compared to FEIG (1.48%). In terms of maximum drawdown, NFRA dropped -32.49% vs FEIG's -22.26%.
On 3-year performance, NFRA leads with 12.91% vs 4.94% for FEIG. On fees, FEIG is cheaper at 0.12% per year. On volatility, FEIG has been the lower-risk option at 1.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, NFRA has performed better with a 12.91% return vs 4.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FEIG is cheaper with a 0.12% expense ratio, compared with 0.47% for NFRA.
NFRA has the higher dividend yield at 5.54%, compared with 4.75% for FEIG.
NFRA is categorized as Utilities Equities, while FEIG is Corporate Bonds. NFRA tracks STOXX Global Broad Infrastructure Index, while FEIG tracks Northern Trust ESG & Climate Investment Grade U.S. Corporate Core TR. Their fees differ too: 0.47% for NFRA and 0.12% for FEIG.
NFRA currently has the higher Sharpe Ratio (1.32 vs 1.31), 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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