GII vs SHPP

GIIAState Street SPDR S&P Global Infrastructure ETF

SHPPDPacer Industrials and Logistics ETF

In short

GII Toll roads, airports, pipelines and power grids in one ticker. GII has tracked the S&P Global Infrastructure Index since 2007, an early entrant in the category, and charges less than the typical infrastructure fund.

SHPP Infrastructure usually means roads and bridges. Pacer's 2022 launch buys the freight system instead: a rules-based global index of ports, railroads, warehouses and shippers, about 120 names deep.

Stated mandate

GII The fund seeks to track the total return of the S&P Global Infrastructure Index. That index provides exposure to large publicly listed infrastructure companies across transportation, utilities, and energy infrastructure.

SHPP The fund uses a rules-based strategy seeking to track the Pacer Global Supply Chain Infrastructure Index.

Why people hold it

• GII Tracks an index of 75 of the largest listed infrastructure companies, screened for float and liquidity, spread across transportation, utilities and energy infrastructure in developed and emerging markets.ssga.com
• 0.40% a year against a 0.55% median for infrastructure ETFs. The cheap end of a category that often is not cheap.
• Live since 2007, so the record covers the financial crisis, a decade of low rates and the 2022 rate shock. It rates among the strongest implementations in its infrastructure peer group.

• SHPP Narrow by design: it tracks the Pacer Global Supply Chain Infrastructure Index, so you get the plumbing of trade rather than a broad industrials grab bag.paceretfs.com
• Global mandate, not US-only, which separates it from domestic-build peers like IFRA and PAVE.paceretfs.com
• Rules-based index, roughly 120 holdings, and a portfolio that matches the supply-chain exposure the fund advertises. No manager hunches.
• Pays distributions quarterly, in line with the dividend rhythm of the transport and industrial names it holds.

Worth knowing

• GII IGF follows the same index for 0.37%, three basis points less. GII's own trading is moderate rather than heavy, so spreads count alongside the fee gap.
• Roughly 70 stocks across three sectors and several currencies. A focused, globally scattered book that can behave quite differently from a broad world equity fund.ssga.com
• Distributions arrive on an annual or semiannual schedule, so cash lands in lumps rather than monthly.

• SHPP 0.60% a year, slightly above the typical infrastructure fund, and above cheaper broad options such as IGF (0.37%) and IFRA (0.30%).
• Small and thinly traded, so spreads can be wide. Limit orders matter more here than with the big infrastructure names.
• It sits in the lower half of our infrastructure group, mostly on size and trading friction rather than how the portfolio is built.

Full GII profile⁠

Full SHPP profile⁠