IVLU vs NFRA: Holdings Overlap
IVLUiShares MSCI Intl Value Factor ETF
iShares · 355 holdings · $4.5B · as of 2026-04-30
NFRAFlexShares STOXX Global Broad Infrastructure Index Fund
FlexShares · 185 holdings · $3.0B · as of 2026-04-30
How similar are IVLU and NFRA?
iShares MSCI Intl Value Factor ETF (IVLU, by iShares) holds 355 positions; FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA, by FlexShares) holds 185. They have 20 holdings in common, and by portfolio weight the two funds are 6.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 20IVLU holds 355 · NFRA holds 185
- Weight in Shared Holdings
- IVLU 6%·NFRA 20%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 IVLU
335 of 355 positions (93.0% of the fund) are not held by NFRA. Showing the top 30 by weight.
Sector Breakdown
| Sector | IVLU | NFRA |
|---|---|---|
| Industrials | 16.2% | 25.7% |
| Utilities | 3.5% | 24.9% |
| Financials | 24.6% | 0.0% |
| Communication Services | 4.0% | 23.2% |
| Information Technology | 9.1% | 0.9% |
| Other Sectors | 35.6% | 16.4% |
| Unclassified | 6.3% | 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 (6% of IVLU, 8% of NFRA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IVLU | +4.9% | +18.8% | +35.6% | +24.5% | +15.9% | +11.5% | 3.16% |
| 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 IVLU vs NFRA →
Shared Holdings(20)
The top 10 shared positions account for 78% of the overlap, led by DTE, DHL and ENGI.
 DTEDeutsche Telekom AG (Registered) | 0.93% | 3.22% | 0.93% |
|---|---|---|---|
 DHLDeutsche Post AG | 0.58% | 2.62% | 0.58% |
 ENGIEngie SA EUR1 | 0.58% | 0.95% | 0.58% |
 ENELEnel S.p.A. EUR1 | 0.55% | 1.39% | 0.55% |
 9022Central Japan Railway Co. | 0.45% | 1.08% | 0.45% |
 RWERWE AG | 0.44% | 0.75% | 0.44% |
 9433KDDI Corp. | 0.43% | 1.35% | 0.43% |
 9432NTT Inc. NPV | 0.34% | 1.43% | 0.34% |
 NG-National Grid PLC ORD GBP0.12431289 | 0.33% | 1.43% | 0.33% |
 BT-ABT Group PLC ORD GBP0.05 | 0.26% | 0.53% | 0.26% |
 EOANE ON SE | 0.24% | 0.77% | 0.24% |
 SSESse PLC GBP0.50 | 0.24% | 0.66% | 0.24% |
 FREFresenius SE & Co. KGaA | 0.23% | 0.93% | 0.23% |
 9020East Japan Railway Co. | 0.20% | 1.15% | 0.20% |
 STOSantos Ltd. NPV | 0.13% | 0.29% | 0.13% |
 66MTR Corp Ltd. NPV | 0.10% | 0.32% | 0.10% |
 9021West Japan Railway Co. NPV | 0.09% | 0.38% | 0.09% |
| Telecom Italia SpA/Milano | 0.08% | 0.25% | 0.08% |
 ALAAltaGas Ltd. | 0.06% | 0.19% | 0.06% |
 BCEBCE Inc. COM NEW | 0.01% | 0.62% | 0.01% |
Frequently Asked Questions
How much do IVLU and NFRA overlap?
IVLU and NFRA overlap by 6.3% of portfolio weight. They share 20 holdings (IVLU holds 355 positions and NFRA holds 185), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IVLU and NFRA?
The two portfolios are 6.3% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of IVLU and NFRA?
The largest positions held by both funds are DTE, DHL, ENGI, ENEL and 9022. Together the top 10 shared positions account for 78% of the total overlap.
What does IVLU own that NFRA doesn't?
335 positions (93.0% of IVLU) are unique to IVLU, led by HSBA, BATS and 7203. In the other direction, 165 positions (79.1% of NFRA) are unique to NFRA.