FlexShares STOXX Global Broad Infrastructure… (NFRA) Holdings
NFRA holdings summary
as of Oct 25, 2026- Holdings
- 165 positions listed
- Top 10 weight
- 28.1% of net assets
- Effective holdings
- 66 equal-weight equivalent
- Largest holding
- CP 3.65% Canadian Pacific Railway Ltd
- Annual turnover
- 12.4% of the portfolio traded
Top 1028.1%
Top 2550.4%
Top 5074.3%
Top 10093.3%
All NFRA holdings
164 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | CP | Canadian Pacific Railway Ltd | Industrials | 3.65% | $110.4M | — | — |
| 2 | CNR | Canadian National Railway Co | Industrials | 3.34% | $100.9M | — | — |
| 3 | 9984 | Softbank Group Corp. | Communication Services | 2.88% | $87.0M | — | — |
| 4 | DHL | Deutsche Post AG | Industrials | 2.83% | $85.7M | — | — |
| 5 | VZ | Verizon Communications Inc. | Communication Services | 2.77% | $83.9M | $186.09B | 11.7 |
| 6 | DTE | Deutsche Telekom AG | Communication Services | 2.71% | $82.0M | — | — |
| 7 | IBE | Iberdrola S.A. | Utilities | 2.64% | $79.8M | — | — |
| 8 | NEE | NextEra Energy, Inc. | Utilities | 2.51% | $76.0M | $166.46B | 17.9 |
| 9 | UNP | Union Pacific Corporation | Industrials | 2.46% | $74.4M | $171.71B | 23.4 |
| 10 | T | AT&T Inc. | Communication Services | 2.30% | $69.6M | $160.62B | 7.7 |
| 11 | WCN | Waste Connections, Inc. | Industrials | 2.23% | $67.5M | $42.24B | 40.6 |
| 12 | ENB | Enbridge Inc | Energy | 1.75% | $52.9M | — | — |
| 13 | BHARTIARTL | Bharti Airtel Limited | Communication Services | 1.67% | $50.4M | — | — |
| 14 | 9432 | Nippon Telegraph & Telephone Corp | Communication Services | 1.66% | $50.3M | — | — |
| 15 | SO | The Southern Company | Utilities | 1.50% | $45.3M | $104.89B | 22.0 |
| 16 | TCL | Transurban Group | Industrials | 1.49% | $45.2M | — | — |
| 17 | NG | National Grid PLC | Utilities | 1.49% | $45.0M | — | — |
| 18 | DUK | Duke Energy Corporation | Utilities | 1.41% | $42.7M | $94.71B | 18.3 |
| 19 | 9433 | KDDI Corp. | Communication Services | 1.40% | $42.4M | — | — |
| 20 | ENEL | Enel SpA | Utilities | 1.35% | $40.8M | — | — |
| 21 | 9020 | East Japan Railway Co. | Industrials | 1.32% | $39.8M | — | — |
| 22 | EQIX | Equinix, Inc. | Real Estate | 1.30% | $39.3M | $97.29B | 63.4 |
| 23 | CSX | CSX Corporation | Industrials | 1.30% | $39.2M | $90.18B | 28.3 |
| 24 | WMB | The Williams Companies, Inc. | Energy | 1.25% | $37.9M | $87.19B | 28.4 |
| 25 | WM | Waste Management, Inc. | Industrials | 1.22% | $37.0M | $90.68B | 32.1 |
| 26 | AMT | American Tower Corporation | Real Estate | 1.21% | $36.7M | $86.33B | 25.5 |
| 27 | 9022 | Central Japan Railway Co. | Industrials | 1.21% | $36.5M | — | — |
| 28 | CEG | Constellation Energy Corporation | Utilities | 1.20% | $36.3M | $96.15B | 26.5 |
| 29 | CMCSA | Comcast Corporation | Communication Services | 1.14% | $34.5M | $77.72B | 7.1 |
| 30 | TMUS | T-Mobile US, Inc. | Communication Services | 1.12% | $33.7M | $170.66B | 16.6 |
| 31 | TRP | TC Energy Corp | Energy | 1.10% | $33.2M | — | — |
| 32 | VIE | Veolia Environnement VE SA | Industrials | 1.10% | $33.1M | — | — |
| 33 | NSC | Norfolk Southern Corporation | Industrials | 1.03% | $31.1M | $73.43B | 27.9 |
| 34 | AENA | Aena SA | Industrials | 1.01% | $30.4M | — | — |
| 35 | FRE | Fresenius SE & Co. KGaA | Healthcare | 0.99% | $30.1M | — | — |
| 36 | HCA | HCA Healthcare, Inc. | Healthcare | 0.98% | $29.7M | $99.34B | 15.4 |
| 37 | AEP | American Electric Power Company, Inc. | Utilities | 0.98% | $29.6M | $69.21B | 22.0 |
| 38 | KMI | Kinder Morgan, Inc. | Energy | 0.95% | $28.9M | $76.16B | 22.1 |
| 39 | ICT | International Container Terminal Services Inc | Industrials | 0.95% | $28.6M | — | — |
| 40 | TRGP | Targa Resources Corp. | Energy | 0.91% | $27.6M | $63.24B | 28.2 |
| 41 | LNG | Cheniere Energy, Inc. | Energy | 0.87% | $26.3M | $59.78B | 21.9 |
| 42 | DLR | Digital Realty Trust, Inc. | Real Estate | 0.86% | $26.1M | $66.46B | 85.4 |
| 43 | ENGI | Engie S.A. | Utilities | 0.85% | $25.6M | — | — |
| 44 | ADANIPORTS | Adani Ports and Special Economic Zone Limited | Industrials | 0.82% | $24.9M | — | — |
| 45 | D | Dominion Energy, Inc. | Utilities | 0.82% | $24.8M | $55.90B | 22.0 |
| 46 | EOAN | E.ON SE | Utilities | 0.77% | $23.2M | — | — |
| 47 | SRE | Sempra | Utilities | 0.77% | $23.2M | $54.54B | 24.1 |
| 48 | RWE | RWE AG | Utilities | 0.76% | $23.0M | — | — |
| 49 | SBSP3 | Companhia de Saneamento Básico do Estado de São Paulo - SABESP | Utilities | 0.74% | $22.5M | — | — |
| 50 | ETR | Entergy Corporation | Utilities | 0.74% | $22.3M | $50.22B | 26.9 |
| 51 | XEL | Xcel Energy Inc. | Utilities | 0.73% | $21.9M | $47.67B | 20.9 |
| 52 | SSE | SSE PLC | Utilities | 0.72% | $21.8M | — | — |
| 53 | UU | United Utilities Group PLC | Utilities | 0.72% | $21.7M | — | — |
| 54 | GFL | Gfl Environmental Holdings Inc | Industrials | 0.68% | $20.5M | — | — |
| 55 | RSG | Republic Services, Inc. | Industrials | 0.66% | $20.0M | $70.90B | 32.8 |
| 56 | EXC | Exelon Corporation | Utilities | 0.66% | $19.9M | $44.82B | 16.0 |
| 57 | VST | Vistra Corp. | Utilities | 0.65% | $19.7M | $51.02B | 25.6 |
| 58 | SVT | Severn Trent PLC | Utilities | 0.57% | $17.1M | — | — |
| 59 | SCMN | Swisscom AG | Communication Services | 0.56% | $17.0M | — | — |
| 60 | PEG | Public Service Enterprise Group Incorporated | Utilities | 0.54% | $16.3M | $35.63B | 17.8 |
| 61 | YNDX | Yandex NV | Communication Services | 0.51% | $15.5M | — | — |
| 62 | KPN | Koninklijke KPN NV | Communication Services | 0.50% | $15.2M | — | — |
| 63 | BCE | BCE Inc | Communication Services | 0.49% | $15.0M | — | — |
| 64 | BT-A | BT Group Plc | Communication Services | 0.49% | $14.7M | — | — |
| 65 | PPL | Pembina Pipeline Corp | Energy | 0.47% | $14.3M | — | — |
| 66 | CCI | Crown Castle Inc. | Real Estate | 0.46% | $13.9M | $35.00B | 33.4 |
| 67 | APOLLOHOSP | Apollo Hospitals Enterprise Limited | Healthcare | 0.45% | $13.5M | — | — |
| 68 | 9021 | West Japan Railway Co. | Industrials | 0.43% | $12.9M | — | — |
| 69 | GAPB | Grupo Aeroportuario del Pacífico S.A.B. de C.V | Industrials | 0.39% | $11.9M | — | — |
| 70 | AWK | American Water Works Company, Inc. | Utilities | 0.39% | $11.8M | $26.82B | 23.4 |
| 71 | AIA | Auckland International Airport Limited | Industrials | 0.38% | $11.5M | — | — |
| 72 | STO | Santos Ltd | Energy | 0.37% | $11.3M | — | — |
| 73 | TH0264010R10 | BANGKOK DUSIT MED SERVI-NVDR | Other | 0.37% | $11.2M | — | — |
| 74 | RDOR3 | Rede D'Or São Luiz S.A. | Healthcare | 0.37% | $11.1M | — | — |
| 75 | NYVQ | Airports of Thailand Public Company Limited | Industrials | 0.36% | $11.0M | — | — |
| 76 | CLNX | Cellnex Telecom SA | Real Estate | 0.36% | $10.9M | — | — |
| 77 | RHC | Ramsay Health Care Ltd | Healthcare | 0.34% | $10.3M | — | — |
| 78 | 0066 | MTR Corp Ltd | Industrials | 0.33% | $10.1M | — | — |
| 79 | CRWV | CoreWeave, Inc. | Technology | 0.33% | $10.0M | $33.86B | — |
| 80 | THC | Tenet Healthcare Corporation | Healthcare | 0.32% | $9.6M | $21.52B | 10.5 |
| 81 | MAXHEALTH | Max Healthcare Institute Limited | Healthcare | 0.31% | $9.5M | — | — |
| 82 | SBAC | SBA Communications Corporation | Real Estate | 0.27% | $8.1M | $19.84B | 20.2 |
| 83 | GET | Getlink SE | Industrials | 0.26% | $7.8M | — | — |
| 84 | RAIL3 | Rumo S.A | Industrials | 0.25% | $7.6M | — | — |
| 85 | SRG | Snam SpA | Utilities | 0.25% | $7.4M | — | — |
| 86 | CWY | Cleanaway Waste Management Ltd | Industrials | 0.24% | $7.3M | — | — |
| 87 | BUGDF | Bumrungrad Hospital PCL DRC | Healthcare | 0.23% | $6.9M | — | — |
| 88 | CLH | Clean Harbors, Inc. | Industrials | 0.23% | $6.9M | $16.90B | 38.8 |
| 89 | ALA | AltaGas Ltd | Energy | 0.22% | $6.7M | — | — |
| 90 | MOTV3 | Motiva Infraestrutura de Mobilidade S.A. | Industrials | 0.21% | $6.5M | — | — |
| 91 | AZJ | Aurizon Holdings Ltd | Industrials | 0.21% | $6.4M | — | — |
| 92 | FHZN | Flughafen Zurich | Industrials | 0.21% | $6.4M | — | — |
| 93 | QBR-B | Quebecor Inc | Communication Services | 0.20% | $6.1M | — | — |
| 94 | KEY | Keyera Corp. | Energy | 0.20% | $6.1M | — | — |
| 95 | 9009 | Keisei Electric Railway Co. Ltd. | Industrials | 0.20% | $6.0M | — | — |
| 96 | ASURB | Grupo Aeroportuario del Sureste S. A. B. de C. V | Industrials | 0.19% | $5.8M | — | — |
| 97 | APA | APA Group | Utilities | 0.19% | $5.8M | — | — |
| 98 | CHTR | Charter Communications, Inc. | Communication Services | 0.19% | $5.7M | $14.31B | 2.9 |
| 99 | 5225 | IHH Healthcare Bhd | Healthcare | 0.19% | $5.7M | — | — |
| 100 | 9001 | Tobu Railway Co. Ltd. | Industrials | 0.18% | $5.5M | — | — |
| 101 | DTM | DT Midstream, Inc. | Energy | 0.17% | $5.2M | $12.62B | 27.1 |
| 102 | EHC | Encompass Health Corporation | Healthcare | 0.17% | $5.2M | $12.61B | 21.4 |
| 103 | 9007 | Odakyu Electric Railway Co. Ltd. | Industrials | 0.17% | $5.2M | — | — |
| 104 | ECHO | EchoStar Corporation | Communication Services | 0.16% | $5.0M | $24.83B | — |
| 105 | GMRINFRA | GMR Airports Infrastructure Limited | Industrials | 0.16% | $5.0M | — | — |
| 106 | CSMG3 | Companhia de Saneamento de Minas Gerais | Utilities | 0.16% | $5.0M | — | — |
| 107 | OMAB | Grupo Aeroportuario del Centro Norte S.A.B. de C.V | Industrials | 0.16% | $4.9M | — | — |
| 108 | 9142 | Kyushu Railway Co | Industrials | 0.16% | $4.9M | — | — |
| 109 | WTRG | Essential Utilities, Inc. | Utilities | 0.16% | $4.8M | $11.58B | 20.8 |
| 110 | INFRATEL | Indus Towers Limited | Communication Services | 0.15% | $4.5M | — | — |
| 111 | NPA | New Providence Acquisition Corp | Financial Services | 0.15% | $4.5M | — | — |
| 112 | 6823 | HKT Trust | Communication Services | 0.14% | $4.4M | — | — |
| 113 | 0270 | Guangdong Investment Ltd | Utilities | 0.14% | $4.2M | — | — |
| 114 | 9364 | Kamigumi Co Ltd | Industrials | 0.14% | $4.2M | — | — |
| 115 | PINFRA | Promotora y Operadora de Infraestructura S. A. B. de C. V | Industrials | 0.13% | $4.0M | — | — |
| 116 | 2Y11 | China Tower Corporation Limited | Communication Services | 0.13% | $4.0M | — | — |
| 117 | 0144 | China Merchants Port Holdings Co Ltd | Industrials | 0.13% | $3.8M | — | — |
| 118 | UHS | Universal Health Services, Inc. | Healthcare | 0.12% | $3.7M | $10.91B | 7.6 |
| 119 | SOBO | South Bow Corporation | Energy | 0.12% | $3.6M | $7.24B | 15.8 |
| 120 | VSAT | Viasat, Inc. | Technology | 0.10% | $3.1M | $8.10B | — |
| 121 | DBI | Dalrymple Bay Infrastructure Ltd | Industrials | 0.10% | $2.9M | — | — |
| 122 | PNN | Pennon Group Plc | Utilities | 0.10% | $2.9M | — | — |
| 123 | AM | Antero Midstream Corporation | Energy | 0.09% | $2.8M | $9.80B | 24.9 |
| 124 | HTWS | Helios Towers Plc | Communication Services | 0.09% | $2.6M | — | — |
| 125 | CWST | Casella Waste Systems, Inc. | Industrials | 0.09% | $2.6M | $5.60B | 977.8 |
| 126 | ENG | Enagás S.A. | Utilities | 0.08% | $2.4M | — | — |
| 127 | SIRI | Sirius XM Holdings Inc | Communication Services | 0.08% | $2.4M | $9.09B | 10.8 |
| 128 | 0177 | Jiangsu Expressway Co Ltd | Industrials | 0.08% | $2.4M | — | — |
| 129 | 5246 | Westports Holdings Bhd | Industrials | 0.08% | $2.4M | — | — |
| 130 | NXT | NEXTDC Ltd | Technology | 0.08% | $2.4M | — | — |
| 131 | AJBU | Keppel DC REIT | Real Estate | 0.08% | $2.4M | — | — |
| 132 | SAPR4 | Companhia de Saneamento do Paraná - SANEPAR | Utilities | 0.08% | $2.3M | — | — |
| 133 | GMD | Gemadept Corp | Industrials | 0.07% | $2.2M | — | — |
| 134 | INW | Infrastrutture Wireless Italiane S.p.A | Real Estate | 0.06% | $1.9M | — | — |
| 135 | KNTK | Kinetik Holdings Inc. | Energy | 0.06% | $1.8M | $9.36B | 19.3 |
| 136 | LUMN | Lumen Technologies, Inc. | Communication Services | 0.06% | $1.8M | $4.80B | — |
| 137 | VRDS | Veridis Environment Ltd | Industrials | 0.06% | $1.8M | — | — |
| 138 | POST | Oesterr. Post AG | Industrials | 0.06% | $1.7M | — | — |
| 139 | VPK | Koninklijke Vopak NV | Energy | 0.06% | $1.7M | — | — |
| 140 | BFSA | Befesa SA | Industrials | 0.06% | $1.7M | — | — |
| 141 | 9336 | Daiei Kankyo Co. Ltd. | Industrials | 0.05% | $1.6M | — | — |
| 142 | HESM | Hess Midstream LP | Energy | 0.05% | $1.6M | $6.32B | 10.6 |
| 143 | GEO | The GEO Group, Inc. | Industrials | 0.05% | $1.6M | $3.77B | 13.5 |
| 144 | 8422 | Cleanaway Co Ltd | Industrials | 0.05% | $1.6M | — | — |
| 145 | ALX | Atlas Arteria | Industrials | 0.05% | $1.6M | — | — |
| 146 | FSLY | Fastly, Inc. | Technology | 0.05% | $1.5M | $3.58B | — |
| 147 | 9793 | Daiseki Co Ltd | Industrials | 0.05% | $1.5M | — | — |
| 148 | AWR | American States Water Company | Utilities | 0.05% | $1.5M | $3.31B | 22.9 |
| 149 | CXW | CoreCivic, Inc. | Industrials | 0.04% | $1.3M | $3.03B | 24.5 |
| 150 | AGUAS-A | Aguas Andinas S.A | Utilities | 0.04% | $1.3M | — | — |
| 151 | 0152 | Shenzhen International Holdings Ltd | Industrials | 0.04% | $1.3M | — | — |
| 152 | ACHC | Acadia Healthcare Company, Inc. | Healthcare | 0.04% | $1.2M | $2.79B | — |
| 153 | CWT | California Water Service Group | Utilities | 0.04% | $1.2M | $2.87B | 20.8 |
| 154 | 6033 | Petronas Gas Bhd | Energy | 0.04% | $1.2M | — | — |
| 155 | 0371 | Beijing Enterprises Water Group Ltd | Utilities | 0.04% | $1.2M | — | — |
| 156 | CTT | CTT Correios de Portugal SA | Industrials | 0.03% | $940,632.87 | — | — |
| 157 | SJW | SJW Group Common Stock | Utilities | 0.03% | $883,166.55 | — | — |
| 158 | FRMI | Fermi Inc. | Real Estate | 0.02% | $674,473.09 | $2.03B | — |
| 159 | PNL | PostNL NV | Industrials | 0.02% | $607,933.14 | — | — |
| 160 | 9247 | TRE Holdings Corp | Industrials | 0.02% | $541,393.19 | — | — |
| 161 | MSEX | Middlesex Water Company | Utilities | 0.02% | $499,049.59 | $1.03B | 21.1 |
| 162 | S08 | SINGAPORE POST LIMITED | Industrials | 0.01% | $426,460.56 | — | — |
| 163 | 8341 | Sunny Friend Environmental Technology Co Ltd | Industrials | 0.01% | $329,675.19 | — | — |
| 164 | PCT | PureCycle Technologies, Inc. | Industrials | 0.00% | $145,178.06 | $616.8M | — |
Weights as a percentage of net assets. Value held = weight × net assets ($3.02B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
NFRA sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Industrials | 33.5% | 60 | CP, CNR, DHL |
| Utilities | 24.8% | 37 | IBE, NEE, SO |
| Communication Services | 21.4% | 23 | 9984, VZ, DTE |
| Energy | 8.7% | 17 | ENB, WMB, TRP |
| Real Estate | 4.6% | 9 | EQIX, AMT, DLR |
| Healthcare | 4.5% | 12 | FRE, HCA, APOLLOHOSP |
| Technology | 0.6% | 4 | CRWV, VSAT, NXT |
| Other | 0.4% | 1 | TH0264010R10 |
| Financial Services | 0.1% | 1 | NPA |
Sum of the weights of the holdings in each sector.
NFRA top industries
Telecom Services
20.8%
Railroads
16.3%
Utilities - Regulated Electric
11.4%
Oil & Gas Midstream
8.3%
Utilities - Diversified
7.8%
Waste Management
6.7%
Medical Care Facilities
4.5%
REIT - Specialty
4.1%
Utilities - Regulated Water
3.3%
Integrated Freight & Logistics
3.2%
Airports & Air Services
2.9%
Infrastructure Operations
2.0%
Utilities - Independent Power Producers
1.9%
Marine Shipping
1.1%
Transport Infrastructure
0.9%
NFRA overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 4.1% | 102 of 8,035 | 0.05% |
| SPY | SPDR S&P 500 ETF | 3.8% | 38 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 3.7% | 68 of 2,941 | 0.03% |
| QQQ | Invesco QQQ ETF | 2.9% | 9 of 101 | 0.17% |
| IWM | iShares Russell 2000 ETF | 0.8% | 16 of 1,962 | 0.19% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the NFRA portfolio
FlexShares STOXX Global Broad Infrastructure… holds 165 positions. The ten largest make up 28.1% of the fund and the top 50 74.3%, so it behaves like a portfolio of about 66 equally weighted positions. The biggest positions are Canadian Pacific Railway Ltd (3.65%), Canadian National Railway Co (3.34%), Softbank Group Corp. (2.88%), Deutsche Post AG (2.83%), Verizon Communications Inc. (2.77%).
By sector, Industrials is 33.5%, Utilities is 24.8%, Communication Services is 21.4%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: NFRA chart, NFRA performance, NFRA dividends, NFRA overview.
NFRA holdings FAQ
How many holdings does NFRA have?
NFRA holds 165 positions as of October 25, 2026.
What are the top 10 holdings of NFRA?
The ten largest holdings are Canadian Pacific Railway Ltd (3.65%), Canadian National Railway Co (3.34%), Softbank Group Corp. (2.88%), Deutsche Post AG (2.83%), Verizon Communications Inc. (2.77%), Deutsche Telekom AG (2.71%), Iberdrola S.A. (2.64%), NextEra Energy, Inc. (2.51%), Union Pacific Corporation (2.46%), AT&T Inc. (2.30%). Together they are 28.1% of the fund.
What percentage of NFRA is Canadian Pacific Railway Ltd?
Canadian Pacific Railway Ltd is the largest holding at 3.65% of net assets, about $110.4M of the fund's $3.02B.
Which sector is the largest in NFRA?
Industrials is the largest sector at 33.5%, followed by Utilities (24.8%) and Communication Services (21.4%), based on the sectors of the individual holdings.
How concentrated is NFRA?
The top 10 holdings are 28.1% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) NFRA behaves like a portfolio of about 66 equally weighted positions.