NFRA vs VT: Holdings Overlap
NFRAFlexShares STOXX Global Broad Infrastructure Index Fund
FlexShares · 185 holdings · $3.0B · as of 2026-04-30
VTVanguard Total World Stock Index Fund
Vanguard · 10033 holdings · $80.9B · as of 2026-04-30
How similar are NFRA and VT?
FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA, by FlexShares) holds 185 positions; Vanguard Total World Stock Index Fund (VT, by Vanguard) holds 10033. They have 159 holdings in common, and by portfolio weight the two funds are 4.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 159NFRA holds 185 · VT holds 10033
- Weight in Shared Holdings
- NFRA 97%·VT 4%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
26 of 185 positions (1.9% of the fund) are not held by VT.
Sector Breakdown
| Sector | NFRA | VT |
|---|---|---|
| Information Technology | 0.9% | 25.9% |
| Industrials | 25.7% | 10.2% |
| Utilities | 24.9% | 2.3% |
| Communication Services | 23.2% | 7.8% |
| Financials | 0.0% | 14.5% |
| Other Sectors | 16.4% | 29.4% |
| Unclassified | 8.4% | 9.1% |
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, 9% of VT).
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% |
| VT | +3.2% | +15.0% | +25.3% | +20.1% | +11.1% | +12.6% | 1.54% |
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 VT →
Shared Holdings(159)
The top 10 shared positions account for 30% of the overlap, led by NEE, VZ and T.
 NEENextEra Energy Inc COM | 2.69% | 0.18% | 0.18% |
|---|---|---|---|
 VZVerizon Communications Inc. COM | 2.67% | 0.18% | 0.18% |
 TAT&T Inc COM | 2.40% | 0.16% | 0.16% |
 UNPUnion Pacific Corporation COM | 2.11% | 0.14% | 0.14% |
 IBEIberdrola SA | 2.23% | 0.14% | 0.14% |
 9984SoftBank Group Corp. | 3.76% | 0.12% | 0.12% |
 ENBEnbridge Inc. COM | 1.86% | 0.11% | 0.11% |
 DTEDeutsche Telekom AG (Registered) | 3.22% | 0.10% | 0.10% |
 EQIXEquinix, Inc. COM | 1.41% | 0.09% | 0.09% |
 SOSouthern Co. (The) | 1.40% | 0.09% | 0.09% |
 DUKDuke Energy Corp COM NEW | 1.33% | 0.09% | 0.09% |
 CEGConstellation Energy Corp. COM | 1.40% | 0.09% | 0.09% |
 CMCSAComcast Corporation CL A | 1.27% | 0.09% | 0.09% |
 TMUST-Mobile US Inc COM | 1.34% | 0.08% | 0.08% |
 WMBWilliams Companies Inc. (The) COM | 1.23% | 0.08% | 0.08% |
 ENELEnel SpA | 1.39% | 0.08% | 0.08% |
 NG-National Grid plc | 1.43% | 0.08% | 0.08% |
 AMTAmerican Tower Corporation COM | 1.13% | 0.08% | 0.08% |
 WMWaste Management, Inc. COM | 1.15% | 0.08% | 0.08% |
 CSXCSX Corporation COM | 1.12% | 0.08% | 0.08% |
 CPCanadian Pacific Kansas City Ltd. | 3.64% | 0.07% | 0.07% |
 AEPAmerican Electric Power Co, Inc. COM | 0.98% | 0.06% | 0.06% |
 NSCNorfolk Southern Corporation COM | 0.94% | 0.06% | 0.06% |
 HCAHCA Healthcare Inc COM | 0.88% | 0.06% | 0.06% |
 TRPTC Energy Corp COM | 1.08% | 0.06% | 0.06% |
Frequently Asked Questions
How much do NFRA and VT overlap?
NFRA and VT overlap by 4.4% of portfolio weight. They share 159 holdings (NFRA holds 185 positions and VT holds 10033), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NFRA and VT?
The two portfolios are 4.4% 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 VT?
The largest positions held by both funds are NEE, VZ, T, UNP and IBE. Together the top 10 shared positions account for 30% of the total overlap.
What does NFRA own that VT doesn't?
26 positions (1.9% of NFRA) are unique to NFRA, led by BDMS-R, AOT-R and Bumrungrad Hospital PCL. In the other direction, 9874 positions (95.0% of VT) are unique to VT.