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IFRA

GradeAChicago Board Options Exchange

iShares U.S. Infrastructure ETF

Themes · IShares · Inception 2018-04-02 · SEC filings

$56.02−0.45 (−0.79%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: down, 69 prints from 56.47 to 56.02. Range 55.98 to 56.30. Use the arrow keys to read each point.$56.10$56.20$56.3010 AM12 PM2 PM4 PM
Expense ratio
0.30%
Fund size
$4.0B
1Y return
+10.2%
Yield · Last 12 months
1.80%
Holdings
161
Volume · 30D
0.4M sh
NAV per share
$56.39
52W range
low $50.66high $64.25

The ETF.net IFRA Grade

A

79/ 100

Rank 2 of 34 in Infrastructure⁠

Confidence High

Six-pillar profile for IFRA. Scores out of 100: Cost 100, Risk 46, Mission 77, Tradability 95, Holdings 47, Durability 81. Strongest: Cost (100). Weakest: Risk (46). Leans toward Cost and Tradability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 79 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 100
    Category rank1/34 · top 3%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 77
    Category rank4/6 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 46
    Category rank19/34 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 95
    Category rank3/34 · top 9%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 47
    Category rank20/32 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 81
    Category rank7/34 · top 21%

Graded as of Sep 22, 2026

Our read on IFRA

ETF.net Research

AMost infrastructure funds pick a side: the companies that build the stuff, or the ones that own it. IFRA holds both, stays entirely American, and charges well under the category's typical fee.

Stated mandate

The fund seeks to track an index of U.S. companies with infrastructure exposure, balancing infrastructure enablers and infrastructure asset owners.

Why people hold it

  1. 010.30% a year, roughly half the typical fee in the infrastructure category and cheaper than bigger-name rivals IGF (0.37%), GII (0.40%) and PAVE (0.47%).
  2. 02Tracks the NYSE FactSet U.S. Infrastructure Index, which balances the enablers (builders and suppliers) against the asset owners, rather than betting on the construction cycle alone.
  3. 03Roughly 160 holdings spread the theme wide, and the fund pays out quarterly.
  4. 04Running since 2018 with over a billion in assets, it sits among the strongest implementations in its infrastructure peer group.

Worth knowing

  1. 01US-only by design. The overseas toll roads, airports and utilities that global peers like IGF and GII hold are simply not here.
  2. 02A narrow slice of the market, so it can move quite differently from a broad US index in either direction.
  3. 03Volume is moderate rather than heavy. Limit orders are the sane default, especially around the open and close.

IFRA Holdings

As of Sep 22, 2026, 4:13 AM
Asset class
Stocks
Holdings
161
Top-10 weight
53%
Largest holding
LXU6.6%

Sectors

  • Utilities41.5%
  • Industrials36.0%
  • Materials13.3%
  • Energy9.1%
  • Consumer Discr.0.1%

Geography

  • United States93.03%
  • Canada5.87%
  • Ireland0.87%
  • Switzerland0.22%
  • Israel0.01%
The fund’s holdings, weight-ordered — page 1 of 11.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001LXULSB INDUSTRIES6.60%88,839$98069
002BWMNBOWMAN CONSULTING GROUP6.44%22,516$95649
003LMBLIMBACH HOLDINGS INC6.19%17,776$91968
004BXCBLUELINX HOLDINGS5.90%11,814$87662
005IIININSTEEL INDUSTRIES INC5.83%29,228$86672
006LXFRLUXFER HOLDINGS PLC4.86%41,942$72255
007ASTL.TOALGOMA STEEL GROUP INC4.49%157,096$6679
008ASIXADVANSIX4.45%40,824$66166
009ASPIASP ISOTOPES4.41%215,538$65545
010IPIINTREPID POTASH INC4.34%17,187$64462
011YORWYORK WATER4.29%19,512$63760
012—CASH COLLATERAL USD WFFUT4.23%629,000$62936
013ORNORION GROUP INC3.64%59,830$54156
014MTRXMATRIX SERVICE2.72%40,976$40454
015ARTNAARTESIAN RESOURCES CORP CLASS A2.63%11,370$39119

Showing 1–15 of 164 holdings

IFRA Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

IFRA$11,015
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. IFRA $11,015. SPY $11,723. Use the arrow keys to read each point.$9,298$10,986$12,674Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for IFRA. Periods over one year show the average yearly return.
PeriodIFRA
Year to date+8.6%
1 month−5.0%
3 months−9.7%
1 year+10.2%
3 years+16.9%per year
5 years+12.7%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IFRA
YearReturn barIFRA
2026 YTD+8.6%
2025+15.9%
2024+17.0%
2023+13.4%
2022−3.3%
2021+29.8%
2020+7.4%

IFRA in the news

IFRA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.80%Last 12 months
Payout per share
$1.02Last 12 months
Last payment
$0.26 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2018–2026

One bar per payment. 35 payments from 2018 to 2026 YTD. Jun 26, 2018 $0.10; Sep 26, 2018 $0.12; Dec 17, 2018 $0.36; Mar 20, 2019 $0.10; Jun 17, 2019 $0.10; Sep 24, 2019 $0.13; Dec 16, 2019 $0.15; Mar 25, 2020 $0.15; Jun 15, 2020 $0.10; Sep 23, 2020 $0.12; Dec 14, 2020 $0.20; Dec 30, 2020 $0.06; Mar 25, 2021 $0.10; Jun 10, 2021 $0.09; Sep 24, 2021 $0.23; Dec 13, 2021 $0.20; Mar 24, 2022 $0.17; Jun 9, 2022 $0.10; Sep 26, 2022 $0.22; Dec 13, 2022 $0.23; Mar 23, 2023 $0.18; Jun 7, 2023 $0.16; Sep 26, 2023 $0.22; Dec 20, 2023 $0.23; Mar 21, 2024 $0.16; Jun 11, 2024 $0.17; Sep 25, 2024 $0.25; Dec 17, 2024 $0.23; Mar 18, 2025 $0.27; Jun 16, 2025 $0.18; Sep 16, 2025 $0.22; Dec 16, 2025 $0.30; Mar 17, 2026 $0.27; Jun 15, 2026 $0.18; Sep 15, 2026 $0.26. Use the arrow keys to read each point.201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 15, 2026Sep 18, 2026$0.26
Jun 15, 2026Jun 18, 2026$0.18
Mar 17, 2026Mar 20, 2026$0.27
Dec 16, 2025Dec 19, 2025$0.30
Sep 16, 2025Sep 19, 2025$0.22
Jun 16, 2025Jun 20, 2025$0.18
Mar 18, 2025Mar 21, 2025$0.27
Dec 17, 2024Dec 20, 2024$0.23
Sep 25, 2024Sep 30, 2024$0.25
Jun 11, 2024Jun 17, 2024$0.17
Mar 21, 2024Mar 27, 2024$0.16
Dec 20, 2023Dec 27, 2023$0.23

IFRA Risk

How much the fund’s monthly returns vary, scaled to a year.
17.3%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.73
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−19.9%
Trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.96
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

IFRA Cost

Expense ratio0.30%
  • The middle half of Infrastructure funds
  • Median 0.55%

No Infrastructure fund charges less.

IFRA costs $30.00 a year on $10,000. The median Infrastructure fund costs $55.00.