Infrastructure ETFs invest in a basket of stocks that provide essential services for everyday life to function. Whether it’s energy, utilities, transportation, or, increasingly, digital infrastructure, these ETFs invest in the things that allow the world to work.
According to a 2025 report from the American Society of Civil Engineers (ASCE), if Congress maintains current spending levels, there will be a $3.7 trillion funding gap over the next decade to “maintain a state of good repair” in U.S. infrastructure.
The report notes that the most significant needs for investment over the next decade are in:
- Surface transportation: $3.5 trillion.
- Energy: $1.9 trillion.
- Drinking water/wastewater/stormwater systems: $1.7 trillion.
Given this backdrop, it’s a good idea to consider broad-based exposure to the theme through infrastructure ETFs.
Top infrastructure ETFs
Investing in an exchange-traded fund (ETF) gives you exposure to a specific industry, theme, or geography. Five leading infrastructure ETFs by assets under management are:
|
Top Infrastructure ETFs |
Ticker Symbol |
Net Assets |
|---|---|---|
|
Global X U.S. Infrastructure Development ETF |
$11.7 billion |
|
|
iShares Global Infrastructure ETF |
$9.4 billion |
|
|
iShares U.S. Infrastructure ETF |
$3.5 billion |
|
|
FlexShares STOXX Global Broad Infrastructure Index Fund |
$2.9 billion |
|
|
SPDR S&P Global Infrastructure ETF |
$718 million |
Let’s take a more detailed look at each one.
1. Global X U.S. Infrastructure Development ETF
Global X Funds – Global X U.s. Infrastructure Development ETF
Today’s Change
(-0.44%) $-0.25
Current Price
$56.10
Key Data Points
Day’s Range
$55.91 – $56.48
52wk Range
$37.38 – $56.74
Volume
2.7M
The Global X U.S. Infrastructure Development ETF (PAVE -0.44%) focuses on businesses that will benefit from increased U.S. infrastructure spending.
The ETF’s focus also gives its management considerable latitude to invest in a broader range of companies than the others, which are weighted toward utilities, transportation, and energy. In contrast, the Global X ETF has a relatively higher mix of industrial-focused businesses. Its three biggest sectors are:
- Industrials (72%).
- Materials (23%).
- Utilities (3%).
The fund holds about 100 equities. Given its broad focus, it can be considered an ETF tracking the U.S. infrastructure and industrial sectors.
The ETF’s holdings are relatively diversified, its positions are small, and it holds many industrial stalwarts, providing broad-based exposure to the industrial sector with a bias toward infrastructure. That could give it more upside in a bull market for equities, but it doesn’t necessarily make it the best way to get pure exposure.
The ETF has an expense ratio of 0.47%, which is comparable to its peers. However, its wider exposure to equities in the industrial sector means less exposure to traditionally dividend-heavy industries such as utilities and railroads. Consequently, the ETF’s yield stood at just 0.5% in early 2026.
2. iShares Global Infrastructure ETF
iShares Trust – iShares Global Infrastructure ETF
Today’s Change
(0.59%) $0.40
Current Price
$67.75
Key Data Points
Day’s Range
$67.12 – $67.75
52wk Range
$55.81 – $69.60
Volume
575K
The iShares Global Infrastructure ETF (IGF +0.59%) invests in transportation, communications, water, electricity, and other infrastructure-related stocks worldwide. About 40% of its holdings were in transportation stocks, 40% in utility stocks, and 20% in energy stocks in early 2026.
The ETF is global in scale. Only 39% of the value in its 76 holdings is located in the U.S., 8% is in Canada, and almost 8% in Mexico; the rest is outside North America. A quick look at some of its largest holdings demonstrates its international flavor:
- Renewable energy power company NextEra Energy (NEE -1.01%): 5.1%
- Australian toll road company Transurban Group (TCL +0.36%): 4.7%.
- Spanish airport operator Aena (OTC:ANYY.Y): 5.3%.
- Energy pipeline company Enbridge (ENB +1.52%): 4%.
- Spanish renewable energy company and electric utility Iberdrola (FRA:IBE1): 4%
The ETF’s expense ratio of 0.39% is slightly lower than that of the other two ETFs discussed here. Its exposure to traditionally high-yielding core infrastructure companies helped give it a 30-day SEC dividend yield of 2.8% in early 2026.
The ETF aims to give investors exposure to the megatrend of urbanization and the need to build supporting infrastructure. Consequently, airports, ports, energy, and utilities (electric, water, gas, and renewable energy) are vital investments for the ETF.
You can think of this iShares ETF as a play on global infrastructure spending. Although it may not have the same exposure to the U.S. industrial sector as the Global X ETF, it’s more of a pure-play infrastructure ETF.
3. iShares U.S. Infrastructure ETF
iShares Trust – iShares U.s. Infrastructure ETF
Today’s Change
(-0.11%) $-0.07
Current Price
$61.14
Key Data Points
Day’s Range
$60.88 – $61.35
52wk Range
$44.34 – $61.35
Volume
192K
The ETF aims to provide investors with broad-based exposure to U.S. companies that benefit from increased domestic infrastructure spending. Holding about 150 stocks, with a 2.3% dividend yield in early 2026, and sporting a relatively low expense ratio of 0.3%, you can think of iShares U.S. Infrastructure ETF (IFRA -0.11%) as a way to buy the S&P 500, only with stocks that have no exposure to infrastructure spending filtered out.
In a nutshell, it means the ETF’s performance is likely to follow the general trend of the S&P 500, but it outperforms when infrastructure is in favor and underperforms when it’s not.
In contrast to the Global X ETF discussed above, this ETF currently has a significantly higher weighting in utilities stocks (more than 40%). If you share the view that utilities tend to underperform in periods of rising rates and vice versa, then it’s something to consider before investing.
4. FlexShares STOXX Global Broad Infrastructure Index Fund
FlexShares Trust – FlexShares Stoxx Global Broad Infrastructure Index Fund
Today’s Change
(-0.14%) $-0.09
Current Price
$65.89
Key Data Points
Day’s Range
$65.87 – $66.03
52wk Range
$58.29 – $67.36
Volume
58K
FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA -0.14%) is a global ETF with about 42% of its holdings in the U.S. and 11% in Canada. Although its geographic exposure is similar to that of the global iShares ETF, one key difference is the heavy exposure to communication stocks.
Energy stocks comprise around 30% of the ETF’s more than 200 holdings, while communication stocks account for 29%. Transportation (20%) and utilities (9%) comprise the other two major sectors. The fund’s 0.47% expense ratio is slightly higher than that of the iShares ETF, and it claimed a dividend yield of about 2.8% in early 2026.
This FlexShares offering can be viewed as a global infrastructure plus communications ETF. If you’re looking for a more pure-play U.S. infrastructure ETF, then the Global X ETF is a better fit. The iShares offering is likely the best global pure-play infrastructure ETF available.
5. SPDR S&P Global Infrastructure ETF
SPDR Index Shares Funds – State Street SPDR S&P Global Infrastructure ETF
Today’s Change
(0.54%) $0.41
Current Price
$76.78
Key Data Points
Day’s Range
$76.30 – $76.83
52wk Range
$63.53 – $78.95
Volume
51K
SPDR S&P Global Infrastructure ETF (GII +0.54%) aims to deliver a performance in line with the S&P Global Infrastructure index. As such, only 39% of its holdings are U.S. stocks, and, like the global iShares ETF discussed above, it tends to have its 75 holdings in companies in sectors that mimic the market’s weighting in infrastructure. That means the largest share of its holdings is in utilities and industrials, with each making up 40% of the total.
Its expense ratio is decent at 0.4%, and it yielded 2.7% in early 2026. It will suit investors who want global exposure in a methodical way, as the ETF’s managers do try to tie performance to an index.
Factors to consider when investing in infrastructure ETFs
Before buying an ETF, you should consider the type of end-market exposure you are seeking. ETFs will diversify stock-specific risk by holding a basket of stocks, but they won’t necessarily diversify sector-specific risk. That’s a good thing for say, investors looking for exposure to power infrastructure in the U.S. via an ETF like the iShares U.S. Power Infrastructure ETF (POWR -0.25%). However, investors looking for broad-based exposure should consider the non-sector-specific ETFs discussed above.
How to invest in infrastructure ETFs
- Open your brokerage app: Log in to your brokerage account where you handle your investments.
- Search for the ETF: Enter the ticker or company name into the search bar to bring up the stock’s trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this ETF.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you’re willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Related investing topics
Infrastructure ETFs FAQ
Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Enbridge, NextEra Energy, and Transurban Group. The Motley Fool has a disclosure policy.