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IGF vs OBOR

iShares Global Infrastructure ETF

IGFANasdaq

KraneShares MSCI One Belt One Road Index ETF

OBORDNYSE Arca

Overlap

0.8%by weight

Expense ratio

IGF −0.42pt a year

IGF0.37%OBOR0.79%

Avg volume · 30D

IGF 1306.6×the volume

IGF874KOBOR669

5Y return · a year

IGF +10.1pt

IGF+9.8%OBOR−0.3%

IGF vs OBOR Performance

Nov 2, 2021 – Nov 2, 2026

+59.2%IGF−1.4%OBOR

Nov 2, 2021 to Nov 2, 2026. IGF +59.2%. OBOR −1.4%. Use the arrow keys to read each point.−20%20%40%Nov 2021May 2024Nov 2026
Expense ratio
IGF 0.37%, better
OBOR 0.79%
Fund size
IGF $10.9B
OBOR $4M
1Y total return
IGF +11.2%, better
OBOR +3.9%
Yield (12M)
IGF 2.93%, better
OBOR 1.98%
Holdings
IGF 89
OBOR 114
Avg volume (30D)
IGF 874K sh, better
OBOR 669 sh
NAV per share
IGF $65.84
OBOR $26.10
52W range

ETF.net Grade

IGF: Cost 92, Risk 72, Mission 85, Tradability 83, Holdings 72, Durability 92. OBOR: Cost 17, Risk 30, Mission not scored, Tradability 15, Holdings 54, Durability 31.
Pillar letters and Scores for IGF, OBOR, with each pillar’s weight
PillarIGFOBOR
Cost30% weightA92HigherF17
Mission25% weightA85Not scored
Risk15% weightA72HigherD30
Tradability15% weightA83HigherF15
Holdings10% weightA72HigherC54
Durability5% weightA92HigherD31

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. IGF and OBOR 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 OBOR 30th 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 29DGLIXLazard Listed Infrastructure ETFScore 29
  5. Rank 30DOBORKraneShares MSCI One Belt One Road Index ETFScore 25
  6. Rank 30DTPZTortoise Electrification Infrastructure ETFScore 25

Our read on each fund

ETF.net Research

IGFAiShares Global Infrastructure ETF

OBORDKraneShares MSCI One Belt One Road Index ETF

In short

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).

OBOR A one-idea fund: the build-out of China's One Belt One Road. It buys companies worldwide (developed, emerging and frontier) whose revenue rides on China infrastructure, not just Chinese-listed names.

Stated mandate

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

OBOR OBOR seeks to track the price and yield performance of an MSCI index designed to identify companies that may benefit from China’s One Belt One Road infrastructure initiative.

Why people hold it

  • 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.
  • OBOR Launched in 2017 as a rare direct route to the Belt and Road theme, tracking MSCI's Global China Infrastructure Exposure Index.kraneshares.com
  • The screen is revenue-based, not address-based: developed, emerging and frontier market companies with high revenue exposure to China infrastructure development.msci.com
  • Roughly 130 holdings spread the theme across a supply chain rather than a handful of contractors.

Worth knowing

  • 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.
  • OBOR At 0.79%, it costs more than the typical infrastructure ETF (cohort median 0.55%); broader peers like IGF (0.37%) and PAVE (0.47%) charge less.
  • Small and thinly traded, so spreads can be wide and limit orders matter. Sub-scale funds also carry more closure risk than large ones.
  • One policy program, one government's priorities drive the theme, and cash comes back only once or twice a year, not monthly.

Full IGF profile⁠

Full OBOR profile⁠

IGF vs OBOR Holdings

How IGF and OBOR differ

Overlap by weight

0.8%

Shared holdings make up 3.9% of OBOR and 1.1% of IGF.

Level by level

  • Holdings7 in both0.8%
  • Countryby domicile6.6%
  • Sector8 Sectors22.4%
  • Asset classEquity100%

Sector

Sector weights in IGF and OBOR, widest gap first
SectorMore in IGFMore in OBOR
TransportationIGF +39.3 points
UtilitiesIGF +26.4 points
FinancialsOBOR +26.2 points
MaterialsOBOR +24.9 points
IndustrialsOBOR +22.9 points
EnergyIGF +11.9 points
Consumer DiscretionaryOBOR +3.2 points
TechnologyOBOR +0.4 points

Country, concentration and asset class

Country by domicile

Country weights in IGF and OBOR, widest gap first
CountryMore in IGFMore in OBOR
ChinaOBOR +45.0 points
United StatesIGF +38.5 points
SingaporeOBOR +12.6 points
South AfricaOBOR +11.0 points
SpainIGF +9.2 points
IndiaOBOR +8.3 points
CanadaIGF +8.0 points
MexicoIGF +7.5 points
Other countries (15)IGF +13.7 points

Outside the US: IGF 80% developed, 20% emerging. OBOR 14% developed, 86% emerging.

Concentration

Weight in the 10 largest Holdings

  • IGF38.6%
  • OBOR45.6%

Securities held

  • IGF75
  • OBOR106

Asset class

IGF
Equity
OBOR
Equity

Holdings

  • Only in IGF68
  • In both7
  • Only in OBOR99

Only in IGF

68 securities, 98.7% of IGF by weight

  • Transurban Group Stapled Units4.92%
  • Aena Sme SA4.89%
  • Nextera Energy4.80%

Only in OBOR

99 securities, 96.1% of OBOR by weight

  • Oversea-Chinese Banking Corp9.96%
  • Kuwait Finance House9.35%
  • China Yangtze Power Co Ltd-A5.13%

Weight gaps

All 7 Holdings in both funds, largest gap first.

Holding weights in IGF and OBOR, widest gap first
HoldingMore in IGFMore in OBOR
China Resources Power LtdOBOR +0.67 points
Cgn Power Ltd HOBOR +0.66 points
Enn Energy Holdings LtdOBOR +0.59 points
Kunlun Energy LtdOBOR +0.49 points
Huaneng Power International Inc HOBOR +0.41 points
Hutchison Port Holdings Units TrusIGF +0.31 points
China Longyuan Power Group HOBOR +0.27 points

All 75 IGF holdings⁠All 129 OBOR holdings⁠

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.

IGF vs OBOR Cost

Overpaying OBOR vs IGF

$7,661

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

  • IGF 0.37%

    $7,513

  • OBOR 0.79%

    $15,174

$10,000
30 years

Cost over time

  • IGF 0.37%
  • OBOR 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530OBOR $15,174IGF $7,513

Year by year

YearIGFOBOROverpaying
10$670$1,405$735
20$2,590$5,331$2,741
30$7,513$15,174$7,661

Expense ratio

  • 0.37%IGF, cheaper
  • 0.79%OBOR
  • Middle half of Infrastructure funds
  • Median 0.55%

IGF 3rd cheapest of 33 funds

OBOR 27th cheapest of 33 funds

IGF vs OBOR Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
IGF 2.93%, better
OBOR 1.98%
Payout (12M)
IGF $1.93
OBOR $0.51
Last payment
IGF $0.93
OBOR $0.51
Ex-dividend
IGF Jun 15, 2026
OBOR Dec 22, 2025
Paid on
IGF Jun 18, 2026
OBOR Dec 23, 2025
Frequency
IGF Twice a year
OBOR Annual

Distribution history

Per share, 2017 to 2026, same scale for both

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
OBORAnnual · 9 paymentsAll OBOR payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.03; Dec 26, 2018 $0.61; Dec 27, 2019 $1.05; Dec 29, 2020 $0.55; Dec 29, 2021 $0.99; Dec 28, 2022 $1.08; Dec 18, 2023 $0.69; Dec 17, 2024 $0.82; Dec 22, 2025 $0.51. Use the arrow keys to read each point.$0$12017202020232026YTD

IGF vs OBOR Risk

Fall from peak · 5 years

  • IGF
  • OBOR
Nov 2, 2021 to Nov 2, 2026. Worst fall: OBOR −34.0% · Oct 2023. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
IGF 12.4%OBOR 12.4%Same figure. Both funds show the same value, so neither comes out ahead.
Return per unit of riskSharpe ratio, 3 years
IGF 1.18, betterOBOR 0.68
Worst fallMax drawdown, 5 years
IGF −20.8%, betterOBOR −34.0%
Market sensitivityBeta, 5 years
IGF 0.62OBOR 0.70

IGF and OBOR in the news

All news⁠

Popular comparisons

  • IGFAvsIFRAA

    iShares Global Infrastructure ETF · iShares U.S. Infrastructure ETF

    Expense ratio
    0.37% · 0.30%
    Category
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  • OBORDvsIFRAA

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    Expense ratio
    0.79% · 0.30%
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  • IGFAvsGIIA

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    0.37% · 0.40%
    Category
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  • OBORDvsGIIA

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    Expense ratio
    0.79% · 0.40%
    Category
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  • IGFAvsNFRAA

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    Expense ratio
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    Category
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  • OBORDvsNFRAA

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    Expense ratio
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    Category
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