BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

IFRAvsHFEQETF Comparison

ETF 1

IFRA

iShares U.S. Infrastructure ETF

This fund is part of

Infrastructure

+0.17%

Full IFRA fund page

VS

ETF 2

HFEQ

Unlimited HFEQ Equity Long/Short ETF

This fund is part of

Alternatives

-0.34%

Full HFEQ fund page

iShares U.S. Infrastructure ETF (IFRA) belongs to the Infrastructure segment. Unlimited HFEQ Equity Long/Short ETF (HFEQ) is part of the Alternatives segment. IFRA's top 3 sector exposures are Utilities, Industrials and Materials. In contrast, HFEQ's top sector exposures are Industrials, Utilities and Consumer Discretionary. IFRA is less expensive with a Total Expense Ratio (TER) of 0.3%, versus 1% for HFEQ. IFRA is up 16.96% year-to-date (YTD) with +$324M in YTD flows. HFEQ performs worse with 7.56% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of IFRA and HFEQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

IFRA vs HFEQ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IFRA HFEQ	+8.32%+9.41%	+8.75%-0.45%	+16.96%+7.56%	+38.22%n/a	+75.66%n/a	+89.42%n/a
Flows	IFRA HFEQ	+$81M-$2M	+$286M+$2M	+$324M+$2M	+$884M-	+$902M-	+$2.20B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IFRA HFEQ	+16.37%+22.53%	+14.25%n/a	+16.39%n/a	+17.91%n/a
Max drawdown	IFRA HFEQ	-8.41%-12.27%	-8.41%n/a	-19.89%n/a	-19.89%n/a
Max drawdown duration	IFRA HFEQ	51d62d	51dn/a	238dn/a	238dn/a

Trading data

Create an account to view trading data

Join for free

	IFRA	HFEQ
Last sale 4/29/2026 at 2:48 PM	$60.89
Previous close 04/28/2026	$61.08
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

HFEQ

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	IFRA	HFEQ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/29/2026 at 2:48 PM

Live

Closed

	IFRA	HFEQ
Last price	$60.89	–
1D performance	-0.32%	–
AuM	$4.05 B	$18.46 M
E/R	0.3%	1%

Characteristics

	IFRA	HFEQ
Management strategy	Passive	Active
Provider	iShares	Unlimited
Benchmark	NYSE FactSet U.S. Infrastructure Index	-
N° of holdings	151	2185
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	April 3, 2018	July 14, 2025
ESG	No	No

More IFRA data on Trackinsight

More HFEQ data on Trackinsight

Exposure

Countries

IFRA

USA

91.34%

Other

8.66%

HFEQ

Data will be available soon

Sectors

IFRA

Utilities

41.39%

Industrials

32.6%

Materials

13.52%

Energy

8.31%

Other

4.18%

HFEQ

Data will be available soon

Diversification

IFRA

Total weight of top 15 holdings out of 15

42.62%

HFEQ

Data will be available soon

Top 15 holdings

Data as of March 31, 2026

IFRA

CATERPILLAR

4.20%

NEXTERA ENERGY

4.12%

UNION PACIFIC U

3.85%

QUANTA SERVICES

3.41%

CSX

3.20%

CRH PLC

2.94%

SOUTHERN

2.92%

DUKE ENERGY

2.75%

NORFOLK SOUTHERN

2.70%

CONSTELLATION ENERGY CORP

2.53%

WILLIAMS

2.39%

COMFORT SYSTEMS USA

2.01%

UNITED RENTALS

1.92%

AMERICAN ELECTRIC POWER

1.91%

TC ENERGY CORP

1.76%

HFEQ

Data will be available soon

Frequently asked questions about IFRA and HFEQ

How have the IFRA and HFEQ ETFs performed in 2026?

As of April 27, 2026, IFRA is up 16.96% year-to-date (YTD), while HFEQ has returned 7.56%. That puts IFRA better performer ahead so far this year.

Which ETF is attracting more investor money: IFRA or HFEQ?

Year-to-date, the IFRA ETF saw +$324M in flows, compared to +$2M for HFEQ.

Which ETF is bigger: IFRA or HFEQ?

As of April 27, 2026, IFRA holds $4.05 B in assets under management (AUM), while HFEQ manages $18.46 M.

What sectors do the IFRA and HFEQ ETFs invest in?

IFRA leans toward sectors like Utilities, Industrials and Materials. Meanwhile, HFEQ focuses on Industrials, Utilities and Consumer Discretionary.

What are the top holdings of the IFRA ETF and HFEQ ETF?

IFRA top holdings include CATERPILLAR, NEXTERA ENERGY and UNION PACIFIC U. HFEQ holds in its top three: IE000S9YS762, NEXTERA ENERGY and EXXON.

Which ETF is more diversified: IFRA or HFEQ?

IFRA holds 163 securities with 42.62% of its assets in the top 15. HFEQ has 2560 securities and a top 15 weight of 9.14%.

How to Obtain Real Asset Exposure by Investing in Infrastructure ETFs

December 14, 2023

IFRA

How US Infrastructure Can Benefit Your Portfolio

April 3, 2023

IFRA

IFRAvsHFEQETF Comparison

iShares U.S. Infrastructure ETF

Unlimited HFEQ Equity Long/Short ETF

IFRA vs HFEQ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the IFRA and HFEQ ETFs performed in 2026?

As of April 27, 2026, IFRA is up 16.96% year-to-date (YTD), while HFEQ has returned 7.56%. That puts IFRA better performer ahead so far this year.

Which ETF is attracting more investor money: IFRA or HFEQ?

Year-to-date, the IFRA ETF saw +$324M in flows, compared to +$2M for HFEQ.

Which ETF is bigger: IFRA or HFEQ?

As of April 27, 2026, IFRA holds $4.05 B in assets under management (AUM), while HFEQ manages $18.46 M.

What sectors do the IFRA and HFEQ ETFs invest in?

IFRA leans toward sectors like Utilities, Industrials and Materials. Meanwhile, HFEQ focuses on Industrials, Utilities and Consumer Discretionary.

What are the top holdings of the IFRA ETF and HFEQ ETF?

IFRA top holdings include CATERPILLAR, NEXTERA ENERGY and UNION PACIFIC U. HFEQ holds in its top three: IE000S9YS762, NEXTERA ENERGY and EXXON.

Which ETF is more diversified: IFRA or HFEQ?

IFRA holds 163 securities with 42.62% of its assets in the top 15. HFEQ has 2560 securities and a top 15 weight of 9.14%.

How to Obtain Real Asset Exposure by Investing in Infrastructure ETFs

How US Infrastructure Can Benefit Your Portfolio

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up