NFRX vs. FUTY
NFRX (Harrison Street Infrastructure Active ETF) and FUTY (Fidelity MSCI Utilities Index ETF) are both exchange-traded funds - NFRX is a Infrastructure Equities fund actively managed by Harrison Street, while FUTY is a Utilities Equities fund tracking the MSCI USA IMI Utilities Index. NFRX is actively managed, while FUTY is passively managed. Their 0.79 correlation means they have sometimes moved together and sometimes differently. NFRX charges 0.80%/yr vs 0.08%/yr for FUTY.
Performance
NFRX vs. FUTY - Performance Comparison
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Returns By Period
NFRX
- 1D
- -0.52%
- 1M
- -0.90%
- 6M
- 7.29%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FUTY
- 1D
- -0.70%
- 1M
- -3.20%
- 6M
- 3.20%
- YTD
- 4.79%
- 1Y
- 6.08%
- 3Y*
- 13.47%
- 5Y*
- 9.14%
- 10Y*
- 8.77%
- ALL TIME*
- 10.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.62M | $18.35M | $18.70M | |
| $1.29K | $1.57K | $3.59K |
NFRX vs. FUTY - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
NFRX Harrison Street Infrastructure Active ETF | 7.78% |
FUTY Fidelity MSCI Utilities Index ETF | 2.92% |
Correlation
The correlation between NFRX and FUTY is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 30, 2026 | 0.79 |
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Return for Risk
NFRX vs. FUTY — Risk / Return Rank
NFRX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FUTY
NFRX vs. FUTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harrison Street Infrastructure Active ETF (NFRX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NFRX | FUTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.08 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.69 | — |
| Martin ratioReturn relative to average drawdown | — | 1.42 | — |
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Drawdowns
NFRX vs. FUTY - Drawdown Comparison
The maximum NFRX drawdown since its inception was -7.26%, smaller than the maximum FUTY drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for NFRX and FUTY.
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Drawdown Indicators
| NFRX | FUTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.26% | -36.44% | +29.18% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.93% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.96% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.44% | — |
Current DrawdownCurrent decline from peak | -2.62% | -5.82% | +3.20% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -6.00% | +3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.33% | — |
Volatility
NFRX vs. FUTY - Volatility Comparison
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Volatility by Period
| NFRX | FUTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.48% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.84% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.50% | 14.73% | -1.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.50% | 17.09% | -3.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.50% | 19.09% | -5.59% |
NFRX vs. FUTY - Expense Ratio Comparison
NFRX has a 0.80% expense ratio, which is higher than FUTY's 0.08% expense ratio.
Dividends
NFRX vs. FUTY - Dividend Comparison
NFRX's dividend yield for the trailing twelve months is around 0.99%, less than FUTY's 2.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUTY Fidelity MSCI Utilities Index ETF | 2.65% | 2.67% | 2.96% | 3.31% | 2.72% | 2.70% | 3.07% | 2.82% | 3.11% | 3.03% | 3.35% | 4.33% |
NFRX Harrison Street Infrastructure Active ETF | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NFRX and FUTY have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FUTY is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FUTY is cheaper with a 0.08% expense ratio, compared with 0.80% for NFRX.
FUTY has the higher dividend yield at 2.65%, compared with 0.99% for NFRX.
NFRX is categorized as Infrastructure Equities, while FUTY is Utilities Equities. They also come from different issuers: Harrison Street and Fidelity. Their fees differ too: 0.80% for NFRX and 0.08% for FUTY.
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