IGF vs SHPP

IGFAiShares Global Infrastructure ETF

SHPPDPacer Industrials and Logistics 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).

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

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

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

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.

• 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

• 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.

• 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 IGF profile⁠

Full SHPP profile⁠