NFRA vs VPL: Holdings Overlap
NFRAFlexShares STOXX Global Broad Infrastructure Index Fund
FlexShares · 185 holdings · $3.0B · as of 2026-04-30
VPLVanguard Pacific Stock Index Fund
Vanguard · 2334 holdings · $8.4B · as of 2026-04-30
How similar are NFRA and VPL?
FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA, by FlexShares) holds 185 positions; Vanguard Pacific Stock Index Fund (VPL, by Vanguard) holds 2334. They have 28 holdings in common, and by portfolio weight the two funds are 3.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 28NFRA holds 185 · VPL holds 2334
- Weight in Shared Holdings
- NFRA 14%·VPL 3%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
157 of 185 positions (85.3% of the fund) are not held by VPL. Showing the top 30 by weight.
Only in VPL
2306 of 2334 positions (95.8% of the fund) are not held by NFRA. Showing the top 30 by weight.
Sector Breakdown
| Sector | NFRA | VPL |
|---|---|---|
| Industrials | 25.7% | 13.1% |
| Utilities | 24.9% | 1.0% |
| Communication Services | 23.2% | 3.4% |
| Information Technology | 0.9% | 18.7% |
| Financials | 0.0% | 16.1% |
| Other Sectors | 16.4% | 21.8% |
| Unclassified | 8.4% | 25.0% |
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, 25% of VPL).
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% |
| VPL | +1.3% | +25.8% | +38.9% | +21.1% | +10.0% | +9.9% | 2.66% |
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 VPL →
Shared Holdings(28)
The top 10 shared positions account for 84% of the overlap, led by 9984, 9433 and TCL.
 9984SoftBank Group Corp. | 3.76% | 1.13% | 1.13% |
|---|---|---|---|
 9433KDDI Corp. | 1.35% | 0.38% | 0.38% |
 TCLTransurban Group | 1.47% | 0.27% | 0.27% |
 9432NTT Inc. NPV | 1.43% | 0.23% | 0.23% |
 9020East Japan Railway Co. | 1.15% | 0.19% | 0.19% |
 9022Central Japan Railway Co. | 1.08% | 0.17% | 0.17% |
 STOSantos Ltd. | 0.29% | 0.16% | 0.16% |
 APAAPA Group | 0.14% | 0.08% | 0.08% |
 AIAAuckland International Airport Ltd. | 0.39% | 0.07% | 0.07% |
 9021West Japan Railway Co. | 0.38% | 0.07% | 0.07% |
 NXTNEXTDC Ltd. | 0.18% | 0.07% | 0.07% |
 66MTR Corp. Ltd. | 0.32% | 0.06% | 0.06% |
 QUBQube Holdings Ltd. | 0.30% | 0.05% | 0.05% |
 AZJAurizon Holdings Ltd. | 0.23% | 0.04% | 0.04% |
 RHCRamsay Health Care Ltd. | 0.25% | 0.04% | 0.04% |
 KDCREITKeppel DC REIT | 0.11% | 0.03% | 0.03% |
 9001Tobu Railway Co. Ltd. | 0.16% | 0.03% | 0.03% |
 CWYCleanaway Waste Management Ltd. | 0.16% | 0.03% | 0.03% |
 ALXAtlas Arteria Ltd. | 0.16% | 0.03% | 0.03% |
 9007Odakyu Electric Railway Co. Ltd. | 0.15% | 0.03% | 0.03% |
 9142Kyushu Railway Co. | 0.17% | 0.03% | 0.03% |
 9009Keisei Electric Railway Co. Ltd. | 0.16% | 0.03% | 0.03% |
 9364Kamigumi Co. Ltd. | 0.14% | 0.02% | 0.02% |
 9793Daiseki Co. Ltd. | 0.06% | 0.01% | 0.01% |
| Daiei Kankyo Co. Ltd. | 0.05% | 0.01% | 0.01% |
Frequently Asked Questions
How much do NFRA and VPL overlap?
NFRA and VPL overlap by 3.3% of portfolio weight. They share 28 holdings (NFRA holds 185 positions and VPL holds 2334), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NFRA and VPL?
The two portfolios are 3.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of NFRA and VPL?
The largest positions held by both funds are 9984, 9433, TCL, 9432 and 9020. Together the top 10 shared positions account for 84% of the total overlap.
What does NFRA own that VPL doesn't?
157 positions (85.3% of NFRA) are unique to NFRA, led by CP, DTE and CNI. In the other direction, 2306 positions (95.8% of VPL) are unique to VPL.