Is iShares U.S. Infrastructure ETF (IFRA) a Strong ETF Right Now?

Core Viewpoint - The iShares U.S. Infrastructure ETF (IFRA) is a smart beta ETF that provides broad exposure to the Utilities/Infrastructure sector, managed by Blackrock, with significant assets under management and a focus on U.S. companies benefiting from infrastructure activities [1][5]. Fund Overview - Launched on April 3, 2018, IFRA has accumulated over $2.7 billion in assets, making it one of the larger ETFs in its category [1][5]. - The fund aims to match the performance of the NYSE FACTSET U.S. INFRASTRUCTURE INDEX, which includes equities of U.S. companies with infrastructure exposure [5]. Cost and Performance - IFRA has an annual operating expense ratio of 0.30%, positioning it as a cost-effective option in the ETF market [6]. - The 12-month trailing dividend yield for IFRA is 1.86% [6]. - Year-to-date, IFRA has gained approximately 9.05%, and it is up about 11.56% over the last 12 months as of August 4, 2025 [10]. Sector Exposure and Holdings - The ETF has a significant allocation in the Utilities sector, accounting for about 42.6% of its portfolio, followed by Industrials and Materials [7]. - New Fortress Energy Inc Class A (NFE) represents about 0.92% of total assets, with the top 10 holdings making up approximately 5.57% of total assets under management [8]. Risk and Diversification - IFRA has a beta of 0.98 and a standard deviation of 18.10% over the trailing three-year period, indicating effective diversification of company-specific risk with around 160 holdings [10]. Alternatives - Other ETFs in the infrastructure space include iShares Global Infrastructure ETF (IGF) and Global X U.S. Infrastructure Development ETF (PAVE), with assets of $7.65 billion and $8.91 billion respectively [12].