NFRX vs. XLUI

Last updated Jun 5, 2026

NFRX (Harrison Street Infrastructure Active ETF) and XLUI (State Street Utilities Select Sector SPDR Premium Income ETF) are both Utilities Equities funds. Both are actively managed. A 0.75 correlation means they provide meaningful diversification when combined. NFRX charges 0.80%/yr vs 0.35%/yr for XLUI.

Performance

NFRX vs. XLUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harrison Street Infrastructure Active ETF (NFRX) and State Street Utilities Select Sector SPDR Premium Income ETF (XLUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NFRX

• 1D: 0.68%
• 1M: -2.39%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLUI

• 1D: 0.41%
• 1M: -3.64%
• YTD: 5.42%
• 6M: 4.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFRX vs. XLUI - Yearly Performance Comparison

	2026 (YTD)
NFRX Harrison Street Infrastructure Active ETF	5.68%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	3.72%

Correlation

The correlation between NFRX and XLUI is 0.75, 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	0.75

Return for Risk

NFRX vs. XLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harrison Street Infrastructure Active ETF (NFRX) and State Street Utilities Select Sector SPDR Premium Income ETF (XLUI). 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	XLUI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.23	0.64	+0.59

Drawdowns

NFRX vs. XLUI - Drawdown Comparison

The maximum NFRX drawdown since its inception was -7.26%, which is greater than XLUI's maximum drawdown of -6.01%. Use the drawdown chart below to compare losses from any high point for NFRX and XLUI.

Drawdown Indicators

	NFRX	XLUI	Difference
Max Drawdown Largest peak-to-trough decline	-7.26%	-6.01%	-1.25%
Current Drawdown Current decline from peak	-4.08%	-4.21%	+0.13%
Average Drawdown Average peak-to-trough decline	-2.62%	-1.93%	-0.69%

Volatility

Volatility by Period

	NFRX	XLUI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.31%	11.10%	+3.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.31%	11.10%	+3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.31%	11.10%	+3.21%

NFRX vs. XLUI - Expense Ratio Comparison

NFRX has a 0.80% expense ratio, which is higher than XLUI's 0.35% expense ratio.

Dividends

NFRX vs. XLUI - Dividend Comparison

NFRX's dividend yield for the trailing twelve months is around 0.22%, less than XLUI's 12.76% yield.

Position	TTM	2025
NFRX Harrison Street Infrastructure Active ETF	0.22%	0.00%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	12.76%	7.12%

Frequently Asked Questions

Can I hold both NFRX and XLUI in my portfolio?

NFRX and XLUI have a correlation of 0.75, 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 XLUI?

On fees, XLUI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NFRX or XLUI?

XLUI is cheaper with a 0.35% expense ratio, compared with 0.80% for NFRX.

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

XLUI has the higher dividend yield at 12.76%, compared with 0.22% for NFRX.

What is the main difference between NFRX and XLUI?

They also come from different issuers: Harrison Street and State Street. Their fees differ too: 0.80% for NFRX and 0.35% for XLUI.