NFRA vs. RSPU

Last updated Apr 1, 2026

Compare and contrast key facts about FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) and Invesco S&P 500 Equal Weight Utilities ETF (RSPU).

NFRA and RSPU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NFRA is a passively managed fund by FlexShares that tracks the performance of the STOXX Global Broad Infrastructure Index. It was launched on Oct 8, 2013. RSPU is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Utilities Plus. It was launched on Nov 1, 2006. Both NFRA and RSPU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

NFRA vs. RSPU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) and Invesco S&P 500 Equal Weight Utilities ETF (RSPU). The values are adjusted to include any dividend payments, if applicable.

NFRA vs. RSPU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund	5.94%	18.42%	4.76%	8.96%	-10.11%	9.61%	2.24%	26.27%	-7.74%	15.92%
RSPU Invesco S&P 500 Equal Weight Utilities ETF	9.21%	16.82%	23.57%	-3.45%	4.37%	17.13%	-2.70%	22.94%	6.89%	9.43%

Returns By Period

In the year-to-date period, NFRA achieves a 5.94% return, which is significantly lower than RSPU's 9.21% return. Over the past 10 years, NFRA has underperformed RSPU with an annualized return of 7.17%, while RSPU has yielded a comparatively higher 9.95% annualized return.

NFRA

• 1D: 1.51%
• 1M: -4.83%
• YTD: 5.94%
• 6M: 6.34%
• 1Y: 17.73%
• 3Y*: 11.49%
• 5Y*: 6.00%
• 10Y*: 7.17%

RSPU

• 1D: 0.19%
• 1M: -3.28%
• YTD: 9.21%
• 6M: 7.23%
• 1Y: 19.59%
• 3Y*: 15.81%
• 5Y*: 12.36%
• 10Y*: 9.95%

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

NFRA vs. RSPU - Expense Ratio Comparison

NFRA has a 0.47% expense ratio, which is higher than RSPU's 0.40% expense ratio.

NFRA

FlexShares STOXX Global Broad Infrastructure Index Fund

RSPU

Invesco S&P 500 Equal Weight Utilities ETF

Return for Risk

NFRA vs. RSPU — Risk / Return Rank

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

NFRA

NFRA Risk / Return Rank: 79
NFRA Sharpe Ratio Rank: 78
NFRA Sortino Ratio Rank: 78
NFRA Omega Ratio Rank: 77
NFRA Calmar Ratio Rank: 82
NFRA Martin Ratio Rank: 80

RSPU

RSPU Risk / Return Rank: 72
RSPU Sharpe Ratio Rank: 74
RSPU Sortino Ratio Rank: 71
RSPU Omega Ratio Rank: 66
RSPU Calmar Ratio Rank: 86
RSPU Martin Ratio Rank: 64

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.

NFRA vs. RSPU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) and Invesco S&P 500 Equal Weight Utilities ETF (RSPU). 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	RSPU	Difference
Sharpe ratio Return per unit of total volatility	1.42	1.28	+0.14
Sortino ratio Return per unit of downside risk	1.98	1.74	+0.24
Omega ratio Gain probability vs. loss probability	1.28	1.23	+0.05
Calmar ratio Return relative to maximum drawdown	2.31	2.50	-0.19
Martin ratio Return relative to average drawdown	8.54	6.21	+2.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NFRA vs. RSPU - Sharpe Ratio Comparison

The current NFRA Sharpe Ratio is 1.42, which is comparable to the RSPU Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of NFRA and RSPU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NFRA	RSPU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	1.28	+0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.74	-0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.52	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.48	-0.01

Correlation

The correlation between NFRA and RSPU is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NFRA vs. RSPU - Dividend Comparison

NFRA's dividend yield for the trailing twelve months is around 5.69%, more than RSPU's 2.43% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund	5.69%	6.00%	3.33%	2.57%	2.28%	2.71%	2.22%	2.27%	3.06%	2.81%	2.98%	2.47%
RSPU Invesco S&P 500 Equal Weight Utilities ETF	2.43%	2.54%	2.39%	2.92%	2.35%	2.41%	2.94%	2.54%	3.11%	3.08%	2.98%	4.14%

Drawdowns

NFRA vs. RSPU - Drawdown Comparison

The maximum NFRA drawdown since its inception was -32.49%, smaller than the maximum RSPU drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for NFRA and RSPU.

Drawdown Indicators

	NFRA	RSPU	Difference
Max Drawdown Largest peak-to-trough decline	-32.49%	-48.08%	+15.59%
Max Drawdown (1Y) Largest decline over 1 year	-7.84%	-8.35%	+0.51%
Max Drawdown (5Y) Largest decline over 5 years	-22.75%	-21.86%	-0.89%
Max Drawdown (10Y) Largest decline over 10 years	-32.49%	-36.85%	+4.36%
Current Drawdown Current decline from peak	-4.83%	-3.28%	-1.55%
Average Drawdown Average peak-to-trough decline	-4.56%	-7.88%	+3.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	3.36%	-1.24%

Volatility

NFRA vs. RSPU - Volatility Comparison

FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) and Invesco S&P 500 Equal Weight Utilities ETF (RSPU) have volatilities of 4.51% and 4.71%, 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.

Volatility by Period

	NFRA	RSPU	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	4.71%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	7.58%	9.77%	-2.19%
Volatility (1Y) Calculated over the trailing 1-year period	12.55%	15.37%	-2.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.90%	16.81%	-3.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.96%	19.04%	-4.08%