Key Highlights

  • iShares U.S. Infrastructure ETF tracks the NYSE FactSet U.S. Infrastructure Index, with exposure to U.S. infrastructure operators and enabling businesses.
  • The fund reported 161 holdings and an expense ratio of 0.30%.
  • The fund's disclosed holdings and investment framework describe infrastructure ownership and construction-related businesses; historic return figures are excluded.

On Oct 27, 2026, iShares U.S. Infrastructure ETF (CBOE:IFRA) recorded a closing price of USD 57.65. The fund is designed around U.S. infrastructure operators and enabling businesses and uses the NYSE FactSet U.S. Infrastructure Index as its reference benchmark. Its composition is best understood through the selection framework, the securities it holds and the fund characteristics accompanying the disclosed portfolio. Rather than describing historic share-price movements, this article examines its current exposure and the practical structure of the ETF.

How the Portfolio Is Constructed

IFRA tracks U.S. companies with infrastructure-related activities and balances exposure between asset owners and the businesses involved in enabling infrastructure development and operation. The strategy covers several industry groups and is not solely a portfolio of utilities.

The stated benchmark, NYSE FactSet U.S. Infrastructure Index, defines the fund’s investment universe. Within that framework, iShares U.S. Infrastructure ETF supplies exchange-traded exposure to U.S. infrastructure operators and enabling businesses. The distinction between the benchmark and the fund matters: the benchmark describes the selection and weighting framework, while the ETF holds a portfolio of securities intended to implement it. Actual constituents and weights may vary as the relevant index changes.

Holdings and Sector Exposure

Union Pacific, NextEra Energy, CSX, Caterpillar, Quanta Services, Southern Company, Norfolk Southern and Duke Energy are among the reported holdings. These businesses are associated with rail networks, energy systems, industrial equipment and infrastructure services.

Infrastructure owners and contractors can have different revenue models and operating risks. The benchmark groups them by their infrastructure roles, providing exposure across the listed supply chain. Portfolio allocations remain subject to index rules and trading-related changes.

Fund Size, Costs and Trading Characteristics

The supplied fund data identifies net fund assets of $4,046,408,919, 161 reported holdings, an expense ratio of 0.30% and a listing on Cboe BZX. These details describe the fund at the reported reference dates rather than results earned by an investor. Net assets provide a measure of scale, the holdings count indicates the number of portfolio positions, and the fee figure describes a recurring fund cost.

The underlying constituents may be exposed to different business cycles, markets and operating conditions. The fund’s stated strategy and current positions therefore provide complementary information: one explains what the ETF seeks to own, and the other identifies some securities held at the reporting date.

Portfolio Details to Monitor

Constituent additions and removals, changes in relative holdings weights and adjustments to the NYSE FactSet U.S. Infrastructure Index can alter exposure over time. The fund’s published portfolio characteristics should be read with their reporting dates because holdings information and closing prices may come from different dates. Those distinctions preserve the difference between a current portfolio description and any historical performance measure.