NFRX vs. TOLZ
NFRX (Harrison Street Infrastructure Active ETF) and TOLZ (ProShares DJ Brookfield Global Infrastructure ETF) are both Infrastructure Equities funds. NFRX is actively managed, while TOLZ is passively managed. Their correlation of 0.88 means they have usually moved in the same direction. NFRX charges 0.80%/yr vs 0.46%/yr for TOLZ.
Performance
NFRX vs. TOLZ - 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*
- —
TOLZ
- 1D
- -0.70%
- 1M
- 0.30%
- 6M
- 7.13%
- YTD
- 12.26%
- 1Y
- 15.76%
- 3Y*
- 14.11%
- 5Y*
- 8.83%
- 10Y*
- 7.50%
- ALL TIME*
- 6.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.29K | $1.57K | $3.59K | |
| $2.85M | $1.54M | $1.36M |
NFRX vs. TOLZ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
NFRX Harrison Street Infrastructure Active ETF | 7.78% |
TOLZ ProShares DJ Brookfield Global Infrastructure ETF | 6.76% |
Correlation
The correlation between NFRX and TOLZ is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 30, 2026 | 0.88 |
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Return for Risk
NFRX vs. TOLZ — Risk / Return Rank
NFRX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TOLZ
NFRX vs. TOLZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harrison Street Infrastructure Active ETF (NFRX) and ProShares DJ Brookfield Global Infrastructure ETF (TOLZ). 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 | TOLZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.20 | — |
| Martin ratioReturn relative to average drawdown | — | 8.87 | — |
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Drawdowns
NFRX vs. TOLZ - Drawdown Comparison
The maximum NFRX drawdown since its inception was -7.26%, smaller than the maximum TOLZ drawdown of -39.33%. Use the drawdown chart below to compare losses from any high point for NFRX and TOLZ.
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Drawdown Indicators
| NFRX | TOLZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.26% | -39.33% | +32.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.18% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.85% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.33% | — |
Current DrawdownCurrent decline from peak | -2.62% | -2.30% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -6.57% | +4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.86% | — |
Volatility
NFRX vs. TOLZ - Volatility Comparison
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Volatility by Period
| NFRX | TOLZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.58% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.79% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.50% | 10.70% | +2.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.50% | 14.03% | -0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.50% | 16.23% | -2.73% |
NFRX vs. TOLZ - Expense Ratio Comparison
NFRX has a 0.80% expense ratio, which is higher than TOLZ's 0.46% expense ratio.
Dividends
NFRX vs. TOLZ - Dividend Comparison
NFRX's dividend yield for the trailing twelve months is around 0.99%, less than TOLZ's 2.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TOLZ ProShares DJ Brookfield Global Infrastructure ETF | 2.97% | 3.99% | 3.53% | 3.34% | 3.01% | 3.28% | 3.16% | 2.96% | 3.63% | 3.30% | 2.62% | 3.67% |
Frequently Asked Questions
NFRX and TOLZ have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TOLZ is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TOLZ is cheaper with a 0.46% expense ratio, compared with 0.80% for NFRX.
TOLZ has the higher dividend yield at 2.97%, compared with 0.99% for NFRX.
They also come from different issuers: Harrison Street and ProShares. Their fees differ too: 0.80% for NFRX and 0.46% for TOLZ.
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