IXP vs NFRA: Holdings Overlap
IXPiShares Global Comm Services ETF
iShares · 81 holdings · $577M · as of 2026-03-31
NFRAFlexShares STOXX Global Broad Infrastructure Index Fund
FlexShares · 185 holdings · $3.0B · as of 2026-04-30
Holdings snapshots are 30 days apart (IXP: 2026-03-31, 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 IXP and NFRA?
iShares Global Comm Services ETF (IXP, by iShares) holds 81 positions; FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA, by FlexShares) holds 185. They have 17 holdings in common, and by portfolio weight the two funds are 19.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 19.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17IXP holds 81 · NFRA holds 185
- Weight in Shared Holdings
- IXP 29%·NFRA 21%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 IXP
64 of 81 positions (71.2% of the fund) are not held by NFRA. Showing the top 30 by weight.
Sector Breakdown
| Sector | IXP | NFRA |
|---|---|---|
| Communication Services | 99.8% | 23.2% |
| Industrials | 0.0% | 25.7% |
| Utilities | 0.0% | 24.9% |
| Energy | 0.0% | 8.5% |
| Real Estate | 0.0% | 4.3% |
| Other Sectors | 0.0% | 4.5% |
| Unclassified | 0.0% | 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 (0% of IXP, 8% of NFRA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IXP | +1.2% | -2.0% | +6.3% | +20.8% | +8.3% | +8.8% | 3.33% |
| 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 IXP vs NFRA →
Shared Holdings(17)
The top 10 shared positions account for 88% of the overlap, led by DTE, VZ and 9984.
 DTEDeutsche Telekom AG (Registered) | 3.61% | 3.22% | 3.22% |
|---|---|---|---|
 VZVerizon Communications Inc. COM | 4.67% | 2.67% | 2.67% |
 9984Softbank Group Corp. NPV | 2.66% | 3.76% | 2.66% |
 TAT&T Inc COM | 5.04% | 2.40% | 2.40% |
 9432NTT Inc. NPV | 1.48% | 1.43% | 1.43% |
 9433KDDI Corp NPV | 1.35% | 1.35% | 1.35% |
 TMUST-Mobile US Inc COM | 2.81% | 1.34% | 1.34% |
 CMCSAComcast Corporation CL A | 2.91% | 1.27% | 1.27% |
 BCEBCE Inc. COM NEW | 0.66% | 0.62% | 0.62% |
 SCMNSwisscom AG (Registered) | 0.60% | 0.61% | 0.60% |
 KPNKoninklijke KPN N.V. EUR0.04 | 0.60% | 0.59% | 0.59% |
 CLNXCellnex Telecom SA | 0.51% | 0.46% | 0.46% |
 BT-ABT Group PLC ORD GBP0.05 | 0.45% | 0.53% | 0.45% |
 ECHOEchoStar Corp., Class A | 0.45% | 0.24% | 0.24% |
| Telecom Italia SpA/Milano | 0.23% | 0.25% | 0.23% |
 CHTRCharter Communications, Inc., Class A | 0.52% | 0.18% | 0.18% |
 TIAJFTelecom Italia SpA | 0.14% | 0.15% | 0.14% |
Frequently Asked Questions
How much do IXP and NFRA overlap?
IXP and NFRA overlap by 19.9% of portfolio weight. They share 17 holdings (IXP holds 81 positions and NFRA holds 185), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IXP and NFRA?
The two portfolios are 19.9% 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 IXP and NFRA?
The largest positions held by both funds are DTE, VZ, 9984, T and 9432. Together the top 10 shared positions account for 88% of the total overlap.
What does IXP own that NFRA doesn't?
64 positions (71.2% of IXP) are unique to IXP, led by META, GOOGL and GOOG. In the other direction, 168 positions (78.3% of NFRA) are unique to NFRA.