NFRX vs. POWR

Last updated Jun 4, 2026

NFRX (Harrison Street Infrastructure Active ETF) and POWR (iShares U.S. Power Infrastructure ETF) are both Utilities Equities funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. NFRX charges 0.80%/yr vs 0.40%/yr for POWR.

Performance

NFRX vs. POWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harrison Street Infrastructure Active ETF (NFRX) and iShares U.S. Power Infrastructure ETF (POWR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NFRX

• 1D: -0.15%
• 1M: -2.45%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

POWR

• 1D: -0.11%
• 1M: -0.93%
• YTD: 18.53%
• 6M: 15.28%
• 1Y: 28.87%
• 3Y*: 12.09%
• 5Y*: 15.16%
• 10Y*: 8.66%

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

NFRX vs. POWR - Yearly Performance Comparison

	2026 (YTD)
NFRX Harrison Street Infrastructure Active ETF	4.96%
POWR iShares U.S. Power Infrastructure ETF	12.87%

Correlation

The correlation between NFRX and POWR is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026	0.68

Return for Risk

NFRX vs. POWR — Risk / Return Rank

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

POWR

POWR Risk / Return Rank: 59
POWR Sharpe Ratio Rank: 50
POWR Sortino Ratio Rank: 48
POWR Omega Ratio Rank: 47
POWR Calmar Ratio Rank: 86
POWR Martin Ratio Rank: 66

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.

NFRX vs. POWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harrison Street Infrastructure Active ETF (NFRX) and iShares U.S. Power Infrastructure ETF (POWR). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	NFRX	POWR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.74	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.19	+0.90

Drawdowns

NFRX vs. POWR - Drawdown Comparison

The maximum NFRX drawdown since its inception was -7.26%, smaller than the maximum POWR drawdown of -65.98%. Use the drawdown chart below to compare losses from any high point for NFRX and POWR.

Drawdown Indicators

	NFRX	POWR	Difference
Max Drawdown Largest peak-to-trough decline	-7.26%	-65.98%	+58.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.98%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.09%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.42%	—
Current Drawdown Current decline from peak	-4.73%	-1.45%	-3.28%
Average Drawdown Average peak-to-trough decline	-2.60%	-18.15%	+15.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.38%	—

Volatility

Volatility by Period

	NFRX	POWR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.36%	16.65%	-2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.36%	23.08%	-8.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.36%	25.62%	-11.26%

NFRX vs. POWR - Expense Ratio Comparison

NFRX has a 0.80% expense ratio, which is higher than POWR's 0.40% expense ratio.

Dividends

NFRX vs. POWR - Dividend Comparison

NFRX's dividend yield for the trailing twelve months is around 0.22%, less than POWR's 6.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFRX Harrison Street Infrastructure Active ETF	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
POWR iShares U.S. Power Infrastructure ETF	6.67%	7.56%	4.36%	4.16%	4.82%	3.94%	3.96%	5.71%	3.17%	3.11%	2.75%	3.42%

Frequently Asked Questions

Can I hold both NFRX and POWR in my portfolio?

NFRX and POWR have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NFRX or POWR?

On fees, POWR is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NFRX or POWR?

POWR is cheaper with a 0.40% expense ratio, compared with 0.80% for NFRX.

Which ETF pays a higher dividend yield, NFRX or POWR?

POWR has the higher dividend yield at 6.67%, compared with 0.22% for NFRX.

What is the main difference between NFRX and POWR?

They also come from different issuers: Harrison Street and iShares. Their fees differ too: 0.80% for NFRX and 0.40% for POWR.