NFRA vs JXI: Holdings Overlap
NFRAFlexShares STOXX Global Broad Infrastructure Index Fund
FlexShares · 185 holdings · $3.0B · as of 2026-04-30
JXIiShares Global Utilities ETF
iShares · 76 holdings · $309M · as of 2026-03-31
Holdings snapshots are 30 days apart (NFRA: 2026-04-30, JXI: 2026-03-31). 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 NFRA and JXI?
FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA, by FlexShares) holds 185 positions; iShares Global Utilities ETF (JXI, by iShares) holds 76. They have 27 holdings in common, and by portfolio weight the two funds are 24.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 24.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 27NFRA holds 185 · JXI holds 76
- Weight in Shared Holdings
- NFRA 25%·JXI 67%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 NFRA
158 of 185 positions (74.7% of the fund) are not held by JXI. Showing the top 30 by weight.
Sector Breakdown
| Sector | NFRA | JXI |
|---|---|---|
| Utilities | 24.9% | 99.6% |
| Industrials | 25.7% | 0.0% |
| Communication Services | 23.2% | 0.0% |
| Energy | 8.5% | 0.0% |
| Real Estate | 4.3% | 0.1% |
| Other Sectors | 4.5% | 0.0% |
| Unclassified | 8.4% | 0.0% |
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 (8% of NFRA, 0% of JXI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| NFRA | +1.4% | +10.0% | +12.8% | +12.9% | +6.1% | +6.9% | 5.63% |
| JXI | -2.8% | +7.0% | +11.4% | +16.2% | +9.1% | +9.0% | 2.47% |
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 NFRA vs JXI →
Shared Holdings(27)
The top 10 shared positions account for 62% of the overlap, led by NEE, IBE and NG-.
 NEENextEra Energy Inc COM | 2.69% | 8.42% | 2.69% |
|---|---|---|---|
 IBEIberdrola, S.A. EUR0.75 | 2.23% | 6.20% | 2.23% |
 NG-National Grid PLC ORD GBP0.12431289 | 1.43% | 3.66% | 1.43% |
 CEGConstellation Energy Corp. COM | 1.40% | 3.79% | 1.40% |
 SOSouthern Co. (The) | 1.40% | 4.63% | 1.40% |
 ENELEnel S.p.A. EUR1 | 1.39% | 3.68% | 1.39% |
 DUKDuke Energy Corp COM NEW | 1.33% | 4.44% | 1.33% |
 VIEVeolia Environnement S.A. EUR5 | 1.32% | 1.11% | 1.11% |
 AEPAmerican Electric Power Co, Inc. COM | 0.98% | 3.09% | 0.98% |
 ENGIEngie SA EUR1 | 0.95% | 2.61% | 0.95% |
 SRESempra COM | 0.82% | 2.76% | 0.82% |
 EOANE.ON SE | 0.77% | 2.12% | 0.77% |
 RWERWE AG | 0.75% | 1.96% | 0.75% |
 DDominion Energy Inc COM | 0.73% | 2.30% | 0.73% |
 ETREntergy Corporation COM | 0.70% | 2.22% | 0.70% |
 SSESse PLC GBP0.50 | 0.66% | 1.83% | 0.66% |
 VSTVistra Corp. COMMON STOCK | 0.66% | 2.09% | 0.66% |
 XELXcel Energy Inc COM | 0.65% | 2.05% | 0.65% |
 SBSP3Cia de Saneamento Basico do Estado de Sao Paulo SABESP | 0.73% | 0.63% | 0.63% |
 EXCExelon Corp. COM | 0.62% | 2.19% | 0.62% |
 PEGPublic Service Enterprise Group Incorporated COM | 0.54% | 1.76% | 0.54% |
 UU-United Utilities Group PLC ORD GBP0.05 | 0.62% | 0.52% | 0.52% |
 SVTSevern Trent plc | 0.55% | 0.47% | 0.47% |
 AWKAmerican Water Works Company, Inc. COM | 0.33% | 1.16% | 0.33% |
 SRGSnam S.p.A. NPV | 0.26% | 0.68% | 0.26% |
Frequently Asked Questions
How much do NFRA and JXI overlap?
NFRA and JXI overlap by 24.2% of portfolio weight. They share 27 holdings (NFRA holds 185 positions and JXI holds 76), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NFRA and JXI?
The two portfolios are 24.2% 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 NFRA and JXI?
The largest positions held by both funds are NEE, IBE, NG-, CEG and SO. Together the top 10 shared positions account for 62% of the total overlap.
What does NFRA own that JXI doesn't?
158 positions (74.7% of NFRA) are unique to NFRA, led by 9984, CP and DTE. In the other direction, 49 positions (32.7% of JXI) are unique to JXI.