IFRA vs IVV
iShares US Infrastructure ETF vs iShares Core S&P 500 ETF
Which is better, IFRA or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IFRA is less concentrated, with 33.4% of the fund in its ten largest positions against 38.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IFRA | IVV |
|---|---|---|
| Expense Ratio | 0.30% | 0.03%Best |
| AUM | $4.0B | $896.5B |
| Dividend Yield | 1.85% | 1.10% |
| Holdings | 335 | 508 |
| YTD Return | +6.59% | +13.59%Best |
| 1Y Return | +7.33% | +17.54%Best |
| 3Y Return (annualized) | +17.67% | +22.46%Best |
| 5Y Return (annualized) | +11.58% | +13.28%Best |
| Volatility (annualized) | 19.8% | 16.4%Best |
| Max Drawdown | -41.1% | -33.9%Best |
| $10,000 over 5 years | $17,295 | $18,654Best |
| Top 10 Weight | 33.4%Best | 38.9% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Apr 3, 2018 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Apr 5, 2018 to Oct 14, 2026 (8.5 years).
IFRA vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.5 years both funds cover.
IFRA vs IVV Performance
iShares US Infrastructure ETF (IFRA) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year IFRA returned +7.33% while IVV returned +17.54%. Year to date, IFRA is up 6.59% versus a gain of 13.59% for IVV.
Over three years, IFRA compounded at +17.67% per year against +22.46% for IVV; over five years the annualized figures are +11.58% and +13.28% respectively. Across the full 9-year window we track, IVV has the edge at +14.32% annualized vs +11.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IFRA has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 16.4% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -41.1% for IFRA and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IFRA charges 0.30% per year while IVV charges 0.03%. On a $10,000 position that is $30 vs $3 annually, a gap of $27 per year that compounds over a long holding period. On income, IFRA currently yields 1.85% against 1.10% for IVV.
Holdings Overlap
76.3% of IFRA's money is in holdings IVV also owns. 4.0% of IVV's money is in holdings IFRA also owns.
Most of IFRA is already inside IVV. Owning both mostly buys the same companies twice.
48 positions in common, counted across the 162 positions we hold weights for in IFRA and 506 in IVV, against full books of 335 and 508.
What only one of them owns
Our book lists 453 positions for IVV that do not appear in our book for IFRA (95.5% of the fund), and 104 for IFRA that do not appear in IVV (19.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IFRA | Weight in IVV | Difference |
|---|---|---|---|
| CATCaterpillar, Inc. | 4.31% | 0.57% | 3.74% |
| UNPUnion Pacific Corp | 4.00% | 0.24% | 3.76% |
| PWRQuanta Services Inc | 4.03% | 0.15% | 3.88% |
| NEENextera Energy Inc | 3.89% | 0.24% | 3.65% |
| CSXCsx Corp. | 3.52% | 0.13% | 3.39% |
| SOSouthern Co. | 2.89% | 0.15% | 2.74% |
| NSCNorfolk Southern Corp | 2.85% | 0.11% | 2.74% |
| DUKDuke Energy Corp | 2.67% | 0.13% | 2.54% |
| CEGConstellation Energy Corporation Com | 2.65% | 0.13% | 2.52% |
| URIUnited Rentals Inc. | 2.62% | 0.10% | 2.52% |
76.3% of IFRA is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IFRA or IVV?
IFRA has an expense ratio of 0.30% while IVV charges 0.03%. IVV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, IFRA or IVV?
Over the past year IFRA returned +7.33% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IFRA annualized +11.02% vs +14.32% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IFRA or IVV?
IFRA has been the more volatile fund at 19.8% annualized versus 16.4% for IVV. Worst drawdown: IFRA -41.1% vs IVV -33.9%.
Should I hold both IFRA and IVV?
IFRA and IVV have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IFRA and IVV?
76.3% of IFRA's money is in holdings IVV also owns. 4.0% of IVV's is in holdings IFRA also owns. They hold 48 positions in common, counted across the 162 positions we hold weights for in IFRA and 506 in IVV.
Which pays a higher dividend, IFRA or IVV?
IFRA yields 1.85% while IVV yields 1.10%, so IFRA currently pays the higher dividend yield.
Is IVV better than IFRA?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IFRA is less concentrated, with 33.4% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.