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GARA vs IGF

Guinness Atkinson Real Assets Income ETF

GARACNYSE Arca

iShares Global Infrastructure ETF

IGFANasdaq

Overlap

Expense ratio

IGF −0.08pt a year

GARA0.45%IGF0.37%

Avg volume · 30D

IGF 7535.2×the volume

GARA116IGF874K

GARA vs IGF Performance

Dec 31, 2025 – Oct 29, 2026

+8.3%GARA+8.5%IGF

Dec 31, 2025 to Oct 29, 2026. GARA +8.3%. IGF +8.5%. Use the arrow keys to read each point.0%2.5%5%10%12.5%Dec 2025May 2026Oct 2026
Expense ratio
GARA 0.45%
IGF 0.37%, better
Fund size
GARA $0
IGF $10.9B
1Y total return
GARA No data
IGF +11.2%
Yield (12M)
GARA No data
IGF 2.93%
Holdings
GARA 37
IGF 89
Avg volume (30D)
GARA 116 sh
IGF 874K sh, better
NAV per share
GARA $26.26
IGF $65.84
52W range

ETF.net Grade

GARA: Cost 74, Risk 66, Mission not scored, Tradability 8, Holdings 70, Durability 5. IGF: Cost 92, Risk 72, Mission 85, Tradability 83, Holdings 72, Durability 92.
Pillar letters and Scores for GARA, IGF, with each pillar’s weight
PillarGARAIGF
Cost30% weightA74A92Higher
Mission25% weightNot scoredA85
Risk15% weightB66A72Higher
Tradability15% weightF8A83Higher
Holdings10% weightA70A72Higher
Durability5% weightF5A92Higher

Rank among Infrastructure funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GARA and IGF are both graded against the same 33 Infrastructure funds, so their Grades compare head to head.

Infrastructure⁠

Category · 33 funds
See all 33 ›

IGF ranks 2nd and GARA 20th of 33 funds in the Infrastructure Category.

  1. Rank 1AIFRAiShares U.S. Infrastructure ETFScore 86
  2. Rank 2AIGFiShares Global Infrastructure ETFScore 83
  3. Rank 3AGIIState Street SPDR S&P Global Infrastructure ETFScore 78
  4. Rank 19CBLDXImpax Global Infrastructure ETFScore 44
  5. Rank 20CGARAGuinness Atkinson Real Assets Income ETFScore 40
  6. Rank 20CUPGRXtrackers US Green Infrastructure Select Equity ETFScore 40

Our read on each fund

ETF.net Research

GARACGuinness Atkinson Real Assets Income ETF

IGFAiShares Global Infrastructure ETF

In short

GARA An active take on real assets: GARA pairs dividend-paying REITs with the companies that build and run infrastructure, and keeps a hard floor under each sleeve so neither can crowd the other out.

IGF About 80 developed-market infrastructure companies in one ticker, tracked against the S&P Global Infrastructure Index since 2007, for 0.37% a year (well under the category norm).

Stated mandate

GARA The Fund seeks moderately high current income, consistent dividend growth, and capital appreciation.

IGF The Fund seeks to track an index of developed-market equities focused on the infrastructure industry.

Why people hold it

  • GARA The prospectus sets a floor of at least 15% in REITs and at least 15% in infrastructure at all times, so the fund cannot quietly drift into a one-sector bet.sec.gov
  • At 0.45% a year, it costs less than the typical fund in its infrastructure peer group.
  • No index to follow. The manager buys dividend payers that build, finance and operate physical assets, requiring at least half of revenue from real estate or infrastructure.sec.gov
  • The stated goal is three-part: moderately high current income, consistent dividend growth, and capital appreciation, rather than the highest yield available today.sec.gov
  • IGF Costs 0.37% a year against a cohort median of 0.55%, so the toll on a long hold is smaller than most infrastructure funds charge.
  • The one other fund on the same S&P Global Infrastructure Index, GII, charges 0.40%. Same benchmark, cheaper wrapper here.
  • Trading since December 2007, now a multi-billion-dollar, actively traded fund that has tracked its index closely.
  • Goes global where the biggest peers stay home: IFRA and PAVE are US-only, while this one spans developed markets worldwide.

Worth knowing

  • GARA Launched in December 2025, still a small fund and thinly traded, so spreads can run wider and there is little live history to judge the manager by.
  • Distributions arrive once or twice a year rather than monthly, so the income comes in lumps.
  • The peer group includes long-established index rivals priced lower, such as IFRA at 0.30% and IGF at 0.37%.
  • IGF About 80 holdings in one industry. A concentrated basket, so a bad stretch for utilities or transport operators shows up fast.
  • Distributions arrive once or twice a year, not monthly, and foreign holdings bring currency swings along with the dividends.
  • Developed markets only. The fast-building infrastructure of emerging economies sits outside the mandate.

Full GARA profile⁠

Full IGF profile⁠

GARA vs IGF Holdings

As of
How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GARA vs IGF Cost

Overpaying GARA vs IGF

$1,528

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GARA 0.45%

    $9,041

  • IGF 0.37%

    $7,513

$10,000
30 years

Cost over time

  • GARA 0.45%
  • IGF 0.37%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530GARA $9,041IGF $7,513

Year by year

YearGARAIGFOverpaying
10$812$670$142
20$3,128$2,590$538
30$9,041$7,513$1,528

Expense ratio

  • 0.45%GARA
  • 0.37%IGF, cheaper
  • Middle half of Infrastructure funds
  • Median 0.55%

IGF 3rd cheapest of 33 funds

GARA 7th cheapest of 33 funds

GARA vs IGF Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
GARA No data
IGF 2.93%
Payout (12M)
GARA No data
IGF $1.93
Last payment
GARA $0.20
IGF $0.93
Ex-dividend
GARA Sep 18, 2026
IGF Jun 15, 2026
Paid on
GARA Sep 25, 2026
IGF Jun 18, 2026
Frequency
GARA Quarterly
IGF Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

GARAQuarterly · 3 paymentsAll GARA payments⁠
One bar per payment. 3 payments from 2017 to 2026 YTD. Mar 20, 2026 $0.22; Jun 18, 2026 $0.21; Sep 18, 2026 $0.20. Use the arrow keys to read each point.$0$12017202020232026YTD
IGFTwice a year · 19 paymentsAll IGF payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.74; Dec 21, 2017 $0.60; Jun 19, 2018 $0.70; Dec 18, 2018 $0.69; Jun 17, 2019 $0.79; Dec 16, 2019 $0.78; Jun 15, 2020 $0.44; Dec 14, 2020 $0.58; Jun 10, 2021 $0.68; Dec 13, 2021 $0.47; Jun 9, 2022 $0.70; Dec 13, 2022 $0.52; Jun 7, 2023 $0.68; Dec 20, 2023 $0.91; Jun 11, 2024 $0.83; Dec 17, 2024 $0.85; Jun 16, 2025 $0.98; Dec 16, 2025 $1.00; Jun 15, 2026 $0.93. Use the arrow keys to read each point.$0$12017202020232026YTD

GARA vs IGF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GARA No dataIGF 12.4%
Return per unit of riskSharpe ratio, 3 years
GARA No dataIGF 1.18
Worst fallMax drawdown, 5 years
GARA No dataIGF −20.8%
Market sensitivityBeta, 5 years
GARA 0.44IGF 0.62

GARA and IGF in the news

All news⁠

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