Equity: Global Infrastructure
With 12 ETFs and over $5.70B in combined AUM, the Equity: Global Infrastructure segment provides exposure to the space with a focus on Theme securities.
Year-to-date, the best-performing ETF in the segment is the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID), with a total return of 33.45%. Meanwhile, the most popular ETF is the iShares Global Infrastructure ETF (IGF) with $3.35BB in assets under management.
Investors should take a look at the FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. NFRA tracks a market-cap-weighted index of global infrastructure companies from developed as well as emerging markets. NFRA has an expense ratio of 0.47% and tracks the STOXX Global Broad Infrastructure Index.
ETF.com Efficiency Insight
The average efficiency score in the Equity: Global Infrastructure segment is 77 out of 100, with the SPDR S&P Global Infrastructure ETF(GII) obtaining the highest rating of 92 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.49% per year, with the iShares U.S. Infrastructure ETF (IFRA) having the lowest expense ratio, charging investors 0.40% yearly.
Investors should look for funds with tight tracking, such as the iShares Global Infrastructure ETF (IGF), with a 12-month median tracking difference of 0.23%.
ETF.com Tradability Insight
The average tradability score in the Equity: Global Infrastructure segment is 59 out of 100, with the iShares Global Infrastructure ETF(IGF) obtaining the highest rating of 91 out of 100.
The iShares Global Infrastructure ETF (IGF) is the undisputed segment leader when it comes to liquidity. The fund trades 10.49M in daily average volume. Investors should also find ample liquidity in the FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA), with $2.08M in daily dollar volume.
Use limit orders to trade funds such as the Legg Mason Global Infrastructure ETF(INFR), due to their double-digit market spreads.
ETF.com Fit Insight
The FTSE Global Core Infrastructure Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.