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NFRXvsPAVEETF Comparison

ETF 1

NFRX

Harrison Street Infrastructure Active ETF

This fund is part of

Infrastructure

-0.4%

Full NFRX fund page

VS

ETF 2

PAVE

Global X U.S. Infrastructure Development ETF

This fund is part of

Infrastructure

-0.4%

Full PAVE fund page

Harrison Street Infrastructure Active ETF (NFRX) and Global X U.S. Infrastructure Development ETF (PAVE) belong to the same industry segment: Infrastructure. NFRX's top 3 sector exposures are Utilities, Industrials and Energy. In contrast, PAVE's top sector exposures are Industrials, Materials and Utilities. NFRX is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.47% for PAVE. Run a side-by-side ETF comparison of NFRX and PAVE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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NFRX vs PAVE performance and flow charts

Performance

Cumulative Flows

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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 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	NFRX PAVE	+2.24%+9.62%	+8.13%+10.16%	n/a+18.64%	n/a+47.24%	n/a+108.64%	n/a+125.24%
Flows	NFRX PAVE	-+$380M	+$112M+$357M	-+$1.46B	-+$2.11B	-+$4.02B	-+$4.78B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	NFRX PAVE	+12.61%+24.29%	n/a+18.85%	n/a+20.44%	n/a+21.97%
Max drawdown	NFRX PAVE	-7.01%-11.91%	n/a-11.91%	n/a-26.27%	n/a-26.27%
Max drawdown duration	NFRX PAVE	58d59d	n/a59d	n/a239d	n/a239d

Trading data

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	NFRX	PAVE
Last sale 5/1/2026 at 1:30 PM	$27.28	$56.69
Previous close 04/29/2026	$27.38	$56.79
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 30, 2026

1-year trailing difference

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NFRX

is actively managed and doesn’t replicate an index

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	NFRX	PAVE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/1/2026 at 1:30 PM

Live

Closed

	NFRX	PAVE
Last price	$27.28	$56.69
1D performance	-0.38%	-0.18%
AuM	$114.36 M	$13.36 B
E/R	0.85%	0.47%

Characteristics

	NFRX	PAVE
Management strategy	Active	Passive
Provider	Harrison Street	Global X
Benchmark	-	Indxx U.S. Infrastructure Development Index
N° of holdings	33	91
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 29, 2026	March 6, 2017
ESG	No	No

More NFRX data on Trackinsight

More PAVE data on Trackinsight

Exposure

Countries

NFRX

USA

57.66%

Other

42.34%

PAVE

USA

87.88%

Ireland

9.93%

Other

2.2%

Sectors

NFRX

Utilities

51.11%

Industrials

19.58%

Energy

14.53%

Other

14.78%

PAVE

Industrials

68.61%

Materials

19.86%

Other

11.53%

Diversification

NFRX

Total weight of top 15 holdings out of 15

57.32%

PAVE

Total weight of top 15 holdings out of 15

46.17%

Top 15 holdings

Data as of March 31, 2026

NFRX

NATIONAL GRID

5.09%

ATMOS ENERGY

4.40%

CENTERPOINT ENERGY

4.39%

NEXTERA ENERGY

4.27%

WILLIAMS

4.21%

UNION PACIFIC U

4.17%

XCEL ENERGY

4.05%

TARGA RESOURCS

3.97%

ENTERGY

3.58%

TC ENERGY CORP

3.37%

PG&E

3.23%

SEMPRA ENERGY

3.20%

ES0105046017

3.14%

CDN NATL RAILWAY

3.14%

AMERICAN ELECTRIC POWER

3.11%

PAVE

QUANTA SERVICES

3.59%

SEMPRA ENERGY

3.54%

CSX

3.50%

DEERE

3.34%

TRANE TECHNOLOGIES PLC

3.26%

UNION PACIFIC U

3.25%

EATON CORP PLC

3.24%

HOWMET AEROSPACE INC

3.23%

FASTENAL

3.17%

NORFOLK SOUTHERN

3.07%

PARKER HANNIFIN

2.88%

EMERSON ELECTRIC

2.58%

ROCKWELL AUTOMAT

2.58%

CRH PLC

2.58%

UNITED RENTALS

2.35%

Frequently asked questions about NFRX and PAVE

NFRXvsPAVEETF Comparison

Harrison Street Infrastructure Active ETF

Global X U.S. Infrastructure Development ETF

NFRX vs PAVE 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

Which ETF is bigger: NFRX or PAVE?

As of April 28, 2026, NFRX holds $114.36 M in assets under management (AUM), while PAVE manages $13.36 B.

What sectors do the NFRX and PAVE ETFs invest in?

NFRX leans toward sectors like Utilities, Industrials and Energy. Meanwhile, PAVE focuses on Industrials and Materials.

What are the top holdings of the NFRX ETF and PAVE ETF?

NFRX top holdings include NATIONAL GRID, ATMOS ENERGY and CENTERPOINT ENERGY. PAVE holds in its top three: QUANTA SERVICES, SEMPRA ENERGY and CSX.

Which ETF is more diversified: NFRX or PAVE?

NFRX holds 34 securities with 57.32% of its assets in the top 15. PAVE has 99 securities and a top 15 weight of 46.17%.

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