IVV vs NFRX
iShares Core S&P 500 ETF vs Harrison Street Infrastructure Active ETF
Which is better, IVV or NFRX?
IVV costs less.
IVV has a lower expense ratio. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 45.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | NFRX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.80% |
| AUM | $876.4B | $114M |
| Dividend Yield | 1.06% | - |
| Holdings | 508 | 43 |
| YTD Return | +11.57%Best | +3.36% |
| 1Y Return | +17.57% | - |
| 3Y Return (annualized) | +20.71% | - |
| 5Y Return (annualized) | +12.80% | - |
| Top 10 Weight | 37.9%Best | 45.0% |
| Fund Family | iShares by BlackRock (US) | Harrison Street Private Wealth LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jan 29, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
IVV vs NFRX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs NFRX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Harrison Street Infrastructure Active ETF (NFRX) is an ETF from Harrison Street Private Wealth LLC. Year to date, IVV is up 11.57% versus a gain of 3.36% for NFRX.
Past performance does not guarantee future results.
Fees and Cost Over Time
IVV charges 0.03% per year while NFRX charges 0.80%. On a $10,000 position that is $3 vs $80 annually, a gap of $77 per year that compounds over a long holding period.
Holdings Overlap
1.7% of IVV's money is in holdings NFRX also owns. 56.9% of NFRX's money is in holdings IVV also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 505 positions we hold weights for in IVV and 35 in NFRX, against full books of 508 and 43.
What only one of them owns
Our book lists 2 positions for NFRX that do not appear in our book for IVV (4.3% of the fund), and 478 for IVV that do not appear in NFRX (97.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in NFRX | Difference |
|---|---|---|---|
| UNPUnion Pacific Corp | 0.26% | 6.53% | 6.27% |
| WMBWilliams Cos. Inc. | 0.13% | 4.84% | 4.71% |
| TRGPTarga Resources Corp. | 0.08% | 4.23% | 4.15% |
| ATOAtmos Energy Corp | 0.04% | 4.27% | 4.23% |
| NEENextera Energy Inc. | 0.27% | 3.88% | 3.61% |
| XELXcel Energy Inc. | 0.07% | 3.98% | 3.91% |
| CNPCenterpoint Energy Inc. | 0.04% | 3.92% | 3.88% |
| CSXCsx Corp. | 0.14% | 3.33% | 3.19% |
| ETREntergy Corp. | 0.07% | 3.39% | 3.32% |
| PCGPg&E Corp. | 0.06% | 3.28% | 3.22% |
56.9% of NFRX is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or NFRX?
IVV has an expense ratio of 0.03% while NFRX charges 0.80%. IVV is the cheaper option, by $77 a year on a $10,000 investment.
What is the holdings overlap between IVV and NFRX?
56.9% of NFRX's money is in holdings IVV also owns. 56.9% of NFRX's is in holdings IVV also owns. They hold 17 positions in common, counted across the 505 positions we hold weights for in IVV and 35 in NFRX.
Is NFRX better than IVV?
IVV has a lower expense ratio. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 45.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.