XLUI vs. NFRA

Last updated Jun 24, 2026

XLUI (State Street Utilities Select Sector SPDR Premium Income ETF) and NFRA (FlexShares STOXX Global Broad Infrastructure Index Fund) are both Utilities Equities funds. XLUI is actively managed, while NFRA is passively managed. A 0.53 correlation means they provide meaningful diversification when combined. XLUI charges 0.35%/yr vs 0.47%/yr for NFRA.

Performance

XLUI vs. NFRA - Performance Comparison

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

Returns By Period

In the year-to-date period, XLUI achieves a 8.84% return, which is significantly higher than NFRA's 7.66% return.

XLUI

• 1D: 0.71%
• 1M: 1.13%
• YTD: 8.84%
• 6M: 9.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFRA

• 1D: 0.02%
• 1M: -2.01%
• YTD: 7.66%
• 6M: 7.77%
• 1Y: 12.35%
• 3Y*: 12.39%
• 5Y*: 5.69%
• 10Y*: 7.32%

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

XLUI vs. NFRA - Yearly Performance Comparison

	2026 (YTD)	2025
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	8.84%	0.27%
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund	7.66%	4.11%

Correlation

The correlation between XLUI and NFRA is 0.53, 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 Jul 30, 2025	0.53

XLUI vs. NFRA - Sectors Allocation Comparison

Sectors	XLUI	NFRA
Financial Services	99.7%	0.7%
Basic Materials	-	-
Communication Services	-	20.5%
Consumer Cyclical	-	0.3%
Consumer Defensive	-	0.1%
Energy	-	11.7%
Healthcare	-	4.1%
Industrials	-	26.8%
Real Estate	-	4.7%
Technology	-	1.6%
Utilities	-	24.7%

Return for Risk

XLUI vs. NFRA — Risk / Return Rank

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

XLUI

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

NFRA

NFRA Risk / Return Rank: 35
NFRA Sharpe Ratio Rank: 35
NFRA Sortino Ratio Rank: 34
NFRA Omega Ratio Rank: 33
NFRA Calmar Ratio Rank: 35
NFRA Martin Ratio Rank: 36

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.

XLUI vs. NFRA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) and FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA). 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.

	XLUI	NFRA	Difference
Sharpe ratio: Return per unit of total volatility	—	1.19	—
Sortino ratio: Return per unit of downside risk	—	1.71	—
Omega ratio: Gain probability vs. loss probability	—	1.21	—
Calmar ratio: Return relative to maximum drawdown	—	1.70	—
Martin ratio: Return relative to average drawdown	—	5.27	—

Drawdowns

XLUI vs. NFRA - Drawdown Comparison

The maximum XLUI drawdown since its inception was -6.01%, smaller than the maximum NFRA drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for XLUI and NFRA.

Drawdown Indicators

	XLUI	NFRA	Difference
Max Drawdown Largest peak-to-trough decline	-6.01%	-32.49%	+26.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.28%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.49%	—
Current Drawdown Current decline from peak	-1.11%	-3.28%	+2.17%
Average Drawdown Average peak-to-trough decline	-1.98%	-4.52%	+2.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.35%	—

Volatility

Volatility by Period

	XLUI	NFRA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.96%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.17%	10.49%	+0.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.17%	12.97%	-1.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.17%	14.89%	-3.72%

XLUI vs. NFRA - Expense Ratio Comparison

XLUI has a 0.35% expense ratio, which is lower than NFRA's 0.47% expense ratio.

Dividends

XLUI vs. NFRA - Dividend Comparison

XLUI's dividend yield for the trailing twelve months is around 12.35%, more than NFRA's 5.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund	5.75%	6.00%	3.33%	2.57%	2.28%	2.71%	2.22%	2.27%	3.06%	2.81%	2.98%	2.47%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	12.35%	7.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XLUI and NFRA in my portfolio?

XLUI and NFRA have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLUI or NFRA?

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, XLUI or NFRA?

XLUI is cheaper with a 0.35% expense ratio, compared with 0.47% for NFRA.

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

XLUI has the higher dividend yield at 12.35%, compared with 5.75% for NFRA.

What is the main difference between XLUI and NFRA?

They also come from different issuers: State Street and FlexShares. Their fees differ too: 0.35% for XLUI and 0.47% for NFRA.