3 Infrastructure ETFs To Consider Buying As Biden Transitions Into Presidency

IFRA has an expense ratio of 0.40%, which is slightly lower than the category average of 0.44%. The ETF has gained 50.5% over the past nine months, 26.7% over the past six months, and 3.5% year-to-date. IFRA pays $0.56 in dividends annually, yielding 1.98% at the prevailing share price. Its four-year average dividend yield is 1.86%.

How does IFRA stack up in the POWR Ratings?

  • A for Trade Grade.
  • A for Buy & Hold Grade.
  • A for Overall POWR Rating.

It is ranked #20 of the 32 ETFs in the Industrial Equities ETFs group.

Global X US Infrastructure Development ETF (PAVE)

PAVE invests in companies that operate at any point in the infrastructure supply chain. Launched in 2017, the ETF targets primarily companies that generate at least 50% of their revenues in the United States. Moreover, PAVE has an MSCI ESG Fund rating of “A,” which reflects strong fundamentals with respect to environmental, social, and governance parameters.

PAVE has $1.05 billion in AUM, which is invested in 93 stocks. Its major holdings include United Rentals Inc. (URI) Trimble Inc. (TRMB), and Fastenal Company (FAST). The ETF is passively managed and is seeking to replicate the returns of its underlying index INDXX U.S. Infrastructure Development Index.

PAVE has an expense ratio of 0.47%, which is 30 basis points higher than the category average of 0.44%. It has gained 80.9% over the past six months and 5.6% year-to-date. PAVE pays $0.09 in dividends annually, yielding 0.41% at the recent share price. Its four-year average dividend yield is 0.48%.

It is no surprise that PAVE is rated “Strong Buy” in our POWR Ratings system, with an “A” for Trade Grade and Buy & Hold Grade. It is ranked #9 in the Industrial Equities ETFs group.

iShares Global Infrastructure ETF (IGF)

As the name suggests, IGF has exposure to the global infrastructure industry. It invests in highly liquid equities and has an impressive track record. It therefore has a MSCI Fund Rating of “A." IGF tracks the benchmark S&P 500 Global Infrastructure Index and has approximately $3.08 billion in AUM. Its major holdings comprise Aena SME SA (ANNSF), NextEra Energy Inc. (NEE), and Enbridge Inc. (ENB), which account for more than 15% of the portfolio.

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