---
ticker: "RBLD"
name: "First Trust Alerian U.S. NextGen Infrastructure ETF"
url: "https://etf.net/etf/RBLD"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Infrastructure"
category_rank: "9 of 34"
methodology: "https://etf.net/methodology"
---

# RBLD: First Trust Alerian U.S. NextGen Infrastructure ETF

Grade **B**, Score 57 of 100. Rank 9 of 34 in Infrastructure.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 33 | 22 of 34 |
| Mission | Not scored | — |
| Risk | 67 | 7 of 34 |
| Tradability | 76 | 6 of 34 |
| Holdings | 88 | 1 of 32 |
| Durability | 63 | 14 of 34 |

## Top holdings

The fund holds 104 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | OKTA | Okta, Inc. | 1.61% |
| 2 | SNOW | Snowflake Inc. (Class A) | 1.42% |
| 3 | TWLO | Twilio Inc. (Class A) | 1.37% |
| 4 | NET | Cloudflare, Inc. (Class A) | 1.35% |
| 5 | FCX | Freeport-McMoRan Inc. | 1.26% |
| 6 | CEG | Constellation Energy Corporation | 1.23% |
| 7 | EMR | Emerson Electric Co. | 1.21% |
| 8 | NDSN | Nordson Corporation | 1.18% |
| 9 | NUE | Nucor Corporation | 1.16% |
| 10 | VRSN | VeriSign, Inc. | 1.16% |
| 11 | JCI | Johnson Controls International Plc | 1.16% |
| 12 | AMT | American Tower Corporation | 1.14% |
| 13 | WAB | Wabtec Corporation | 1.13% |
| 14 | BE | Bloom Energy Corporation (Class A) | 1.13% |
| 15 | STLD | Steel Dynamics, Inc. | 1.11% |
| 16 | RS | Reliance Inc. | 1.10% |
| 17 | AME | AMETEK, Inc. | 1.10% |
| 18 | IEX | IDEX Corporation | 1.10% |
| 19 | LNG | Cheniere Energy, Inc. | 1.10% |
| 20 | MDB | MongoDB, Inc. | 1.10% |
| 21 | NVT | nVent Electric plc | 1.09% |
| 22 | ETN | Eaton Corporation Plc | 1.09% |
| 23 | PWR | Quanta Services, Inc. | 1.09% |
| 24 | TRGP | Targa Resources Corp. | 1.08% |
| 25 | ITT | ITT Inc. | 1.08% |
| 26 | CCI | Crown Castle Inc. | 1.07% |
| 27 | SLB | SLB Ltd. | 1.07% |
| 28 | MMM | 3M Company | 1.06% |
| 29 | VST | Vistra Corp. | 1.05% |
| 30 | IR | Ingersoll-Rand Inc. | 1.05% |

Source: etf.net, https://etf.net/etf/RBLD. Please cite the page URL.
