ATLASFlexShares STOXX Global Broad Infrastructure Index Fund (NFRA): outlook, holdings and fees
FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) is an exchange-traded fund and is managed by Northern Trust. The expense ratio is 0.45% and the yield is 5.95%. The ten largest holdings are 29% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on NFRA
| Last price | $64.53 (+0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 58% |
| Likely 1-month range (50%) | $63.65 – $66.12 |
| Normal 1-day range (±1σ) | ±0.6% |
| Distribution yield | 5.95% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
NFRA fund facts
| Issuer | Northern Trust |
|---|---|
| Theme | Industrials |
| Assets under management | $3.0B |
| Expense ratio | 0.45% |
| Number of holdings | 49 |
| Portfolio turnover | 12% |
| Inception | Oct 8, 2013 |
| Exchange | NYSE |
The index reflects the performance of a selection of companies that, in aggregate, offer broad exposure to publicly-traded developed- and emerging-market infrastructure companies, including U.S. companies, as defined by STOXX Ltd. (the index provider) pursuant to its index methodology. Under normal circumstances, the fund will invest at least 80% of its total assets in the securities of the index and in ADRs and GDRs based on the securities in the index.
NFRA top holdings
| Holding | Sector | Weight |
|---|---|---|
| Softbank Group Corp. 9984 | Communication Services | 4.25% |
| Canadian Pacific Railway Ltd CP | Industrials | 3.60% |
| Canadian National Railway Co CNR | Industrials | 3.19% |
| Deutsche Telekom AG DTE | Communication Services | 2.84% |
| Deutsche Post AG DHL | Industrials | 2.77% |
| Verizon Communications Inc VZ | Communication Services | 2.79% |
| Iberdrola S.A. IBE | Utilities | 2.50% |
| AT&T Inc. T | Communication Services | 2.44% |
| Union Pacific Corporation UNP | Industrials | 2.40% |
| Nextera Energy Inc NEE | Utilities | 2.40% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
NFRA sector breakdown
| Sector | Weight |
|---|---|
| Industrials | 31.1% |
| Utilities | 25.2% |
| Communication Services | 24.2% |
| Energy | 9.4% |
| Healthcare | 4.6% |
| Real Estate | 4.5% |
| Technology | 1.0% |
By region: North America 56.2%, Europe Developed 16.6%, Japan 10.6%, Asia Emerging 6.2%, United Kingdom 3.9%.
NFRA returns and risk
| Year to date | +5.4% |
|---|---|
| 1 year | +5.7% |
| 3 years (annualised) | +13.9% |
| 5 years (annualised) | +5.5% |
| 10 years (annualised) | +7.0% |
| Volatility (3 years) | 11.4% |
| Sharpe ratio (3 years) | 0.71 |
Past returns do not guarantee future results.
NFRA: frequently asked questions
What does NFRA invest in?
FlexShares STOXX Global Broad Infrastructure Index Fund invests in a portfolio of securities. Its largest holdings are Softbank Group Corp. (4.3%), Canadian Pacific Railway Ltd (3.6%), Canadian National Railway Co (3.2%), Deutsche Telekom AG (2.8%), Deutsche Post AG (2.8%).
What is the NFRA expense ratio?
0.45% a year: about $45.00 for every $10,000 invested.
What is the NFRA dividend yield?
5.95%. ATLAS does not hold the exact distribution dates for ETFs.
Will NFRA go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 58%, with a likely range (50%) of $63.65 to $66.12 from $64.53 today. It is a probability, not a prediction.
How has NFRA performed?
Year to date +5.4%, one year +5.7%, three years +13.9% a year, five years +5.5% a year. Past returns do not guarantee future results.
Similar ETFs: Industrials
- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)
- State Street Industrial Select Sector SPDR ETF (XLI)
- Global X U.S. Infrastructure Development ETF (PAVE)
- First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)
- iShares Global Infrastructure ETF (IGF)
- First Trust RBA American Industrial Renaissance ETF (AIRR)
- Vanguard Industrials ETF (VIS)
- iShares U.S. Infrastructure ETF (IFRA)
Educational information, not investment advice. Disclaimer