NFRX vs VOO
Harrison Street Infrastructure Active ETF vs Vanguard S&P 500 ETF
Which is better, NFRX or VOO?
VOO costs less.
VOO has a lower expense ratio. VOO is less concentrated, with 36.4% 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 | NFRX | VOO |
|---|---|---|
| Expense Ratio | 0.80% | 0.03%Best |
| AUM | $114M | $997.4B |
| Dividend Yield | - | 1.04% |
| Holdings | 43 | 509 |
| YTD Return | +3.36% | +11.55%Best |
| 1Y Return | - | +17.54% |
| 3Y Return (annualized) | - | +20.71% |
| 5Y Return (annualized) | - | +12.80% |
| Top 10 Weight | 45.0% | 36.4%Best |
| Fund Family | Harrison Street Private Wealth LLC | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 29, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
NFRX vs VOO 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.
NFRX vs VOO Performance
Harrison Street Infrastructure Active ETF (NFRX) is an ETF from Harrison Street Private Wealth LLC and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, NFRX is up 3.36% versus a gain of 11.55% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
NFRX charges 0.80% per year while VOO charges 0.03%. On a $10,000 position that is $80 vs $3 annually, a gap of $77 per year that compounds over a long holding period.
Holdings Overlap
56.9% of NFRX's money is in holdings VOO also owns. 1.8% of VOO's money is in holdings NFRX also owns.
The two portfolios partly overlap.
The two holdings books were reported 51 days apart, NFRX as of Aug 20, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
17 positions in common, counted across the 35 positions we hold weights for in NFRX and 505 in VOO, against full books of 43 and 509.
What only one of them owns
Our book lists 479 positions for VOO that do not appear in our book for NFRX (97.7% of the fund), and 2 for NFRX that do not appear in VOO (4.3%).
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 NFRX | Weight in VOO | Difference |
|---|---|---|---|
| UNPUnion Pacific Corp | 6.53% | 0.25% | 6.28% |
| WMBWilliams Cos. Inc. | 4.84% | 0.14% | 4.70% |
| TRGPTarga Resources Corp. | 4.23% | 0.09% | 4.14% |
| ATOAtmos Energy Corp | 4.27% | 0.04% | 4.23% |
| NEENextera Energy Inc. | 3.88% | 0.28% | 3.60% |
| XELXcel Energy Inc. | 3.98% | 0.08% | 3.90% |
| CNPCenterpoint Energy Inc. | 3.92% | 0.04% | 3.88% |
| ETREntergy Corp. | 3.39% | 0.08% | 3.31% |
| CSXCsx Corp. | 3.33% | 0.14% | 3.19% |
| PCGPg&E Corp. | 3.28% | 0.06% | 3.22% |
56.9% of NFRX is already inside VOO.
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, NFRX or VOO?
NFRX has an expense ratio of 0.80% while VOO charges 0.03%. VOO is the cheaper option, by $77 a year on a $10,000 investment.
What is the holdings overlap between NFRX and VOO?
56.9% of NFRX's money is in holdings VOO also owns. 1.8% of VOO's is in holdings NFRX also owns. They hold 17 positions in common, counted across the 35 positions we hold weights for in NFRX and 505 in VOO.
Is VOO better than NFRX?
VOO has a lower expense ratio. VOO is less concentrated, with 36.4% 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.