EWW vs NFRA: Holdings Overlap
iShares · 41 holdings · $2.0B · as of 2026-05-31
NFRAFlexShares STOXX Global Broad Infrastructure Index Fund
FlexShares · 185 holdings · $3.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWW: 2026-05-31, NFRA: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are EWW and NFRA?
iShares MSCI Mexico ETF (EWW, by iShares) holds 41 positions; FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA, by FlexShares) holds 185. They have 4 holdings in common, and by portfolio weight the two funds are 1.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 4EWW holds 41 · NFRA holds 185
- Weight in Shared Holdings
- EWW 9%·NFRA 1%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in EWW
37 of 41 positions (90.7% of the fund) are not held by NFRA. Showing the top 30 by weight.
GMEXICOBGrupo Mexico SAB de CV, Series B14.27%
GFNORTEOGrupo Financiero Banorte S.A.B. de C.V. COM NPV SERIES O9.62%
AMXBAmerica Movil SAB de CV8.09%
FEMSAUBDFomento Economico Mexicano S A B de C V UNITS (REP 1 SER 'B' SHS & 4 SER'D')7.10%
4GNBWal-Mart de Mexico SAB de CV5.40%
CEMEXCPOCemex SAB de CV4.86%
Only in NFRA
181 of 185 positions (98.4% of the fund) are not held by EWW. Showing the top 30 by weight.
Sector Breakdown
| Sector | EWW | NFRA |
|---|---|---|
| Industrials | 8.1% | 25.7% |
| Utilities | 0.0% | 24.9% |
| Materials | 23.7% | 0.0% |
| Communication Services | 8.1% | 23.2% |
| Consumer Staples | 17.5% | 0.0% |
| Other Sectors | 16.8% | 17.3% |
| Unclassified | 25.6% | 8.4% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (26% of EWW, 8% of NFRA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWW | +3.3% | +13.5% | +30.0% | +11.0% | +13.3% | +7.2% | 3.18% |
| NFRA | +1.4% | +10.0% | +12.8% | +12.9% | +6.1% | +6.9% | 5.63% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in EWW vs NFRA →
Shared Holdings(4)
The top 4 shared positions account for 100% of the overlap, led by GAPB, ASURB and Grupo Aeroportuario del Centro Norte S.A.B. de C.V. SER'B' NPV.
 GAPBGrupo Aeroportuario Del Pacifico S.A.B. de C.V. COM NPV SER'B' | 3.72% | 0.48% | 0.48% |
|---|---|---|---|
 ASURBGrupo Aeroportuario del Sureste S.A.B. de C.V. SER'B'NPV | 2.35% | 0.24% | 0.24% |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. SER'B' NPV | 1.65% | 0.17% | 0.17% |
| Promotora y Operadora de Infraestructura SAB de CV | 1.49% | 0.13% | 0.13% |
Frequently Asked Questions
How much do EWW and NFRA overlap?
EWW and NFRA overlap by 1.0% of portfolio weight. They share 4 holdings (EWW holds 41 positions and NFRA holds 185), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWW and NFRA?
The two portfolios are 1.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EWW and NFRA?
The largest positions held by both funds are GAPB, ASURB, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. SER'B' NPV and Promotora y Operadora de Infraestructura SAB de CV. Together the top 4 shared positions account for 100% of the total overlap.
What does EWW own that NFRA doesn't?
37 positions (90.7% of EWW) are unique to EWW, led by GMEXICOB, GFNORTEO and AMXB. In the other direction, 181 positions (98.4% of NFRA) are unique to NFRA.