Global Infrastructure Active ETF (RIFR) Valuation
RIFR valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 22.1 trailing earnings
- Forward P/E
- 17.8 analyst estimates
- Price / sales
- 4.04
- Price / book
- 2.96
- EV / EBITDA
- 13.5
- Earnings yield
- 4.52% inverse of P/E
- Dividend yield
- 2.76% of the holdings
- Return on equity
- 13.4% combined
- Net margin
- 18.3% combined
- Beta
- 0.65 weighted, vs S&P 500
RIFR valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| RIFR | 22.1 | 17.8 | 4.04 | 2.96 | 2.76% | 13.4% | 18.3% | 0.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
RIFR valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Utilities | 44.0% | 19.5 | 15.8 | 3.21 | 1.90 | 3.09% | 9.8% |
| Energy | 11.3% | 25.5 | 20.1 | 4.25 | 5.74 | 2.17% | 22.6% |
| Real Estate | 8.6% | 25.2 | 21.7 | 7.68 | 18.09 | 3.87% | 71.9% |
RIFR earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How RIFR weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
RIFR largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AENA | Aena SA | 5.78% | — | — | — | — | — |
| UNP | Union Pacific Corporation | 5.52% | 23.4 | 19.3 | 6.8 | 1.97% | 8.40% |
| NEE | NextEra Energy, Inc. | 5.11% | 17.9 | 17.7 | 5.8 | 3.12% | 10.15% |
| TCL | Transurban Group | 4.63% | — | — | — | — | — |
| DUK | Duke Energy Corporation | 3.67% | 18.3 | 15.9 | 2.9 | 3.57% | 7.14% |
| AEP | American Electric Power Company, Inc. | 3.49% | 22.0 | 17.2 | 3.0 | 2.99% | 5.65% |
| AMT | American Tower Corporation | 3.18% | 25.5 | 24.6 | 7.9 | 3.86% | 4.45% |
| CSX | CSX Corporation | 3.14% | 28.3 | 21.2 | 6.2 | 1.15% | 3.95% |
| NG | National Grid PLC | 3.02% | — | — | — | — | — |
| SBAC | SBA Communications Corporation | 2.79% | 20.2 | 19.4 | 6.9 | 2.67% | 4.92% |
| CCI | Crown Castle Inc. | 2.61% | 33.4 | 21.2 | 8.4 | 5.17% | 2.79% |
| XEL | Xcel Energy Inc. | 2.44% | 20.9 | 16.0 | 3.3 | 3.11% | 4.16% |
| TRGP | Targa Resources Corp. | 2.41% | 28.2 | 23.2 | 3.8 | 1.70% | 3.05% |
| WMB | The Williams Companies, Inc. | 2.37% | 28.4 | 26.8 | 7.1 | 2.95% | 2.98% |
| SRE | Sempra | 2.36% | 24.1 | 14.5 | 4.0 | 3.15% | 3.49% |
| TRP | TC Energy Corp | 2.26% | — | — | — | — | — |
| CNR | Canadian National Railway Co | 2.18% | — | — | — | — | — |
| EVRG | Evergy, Inc. | 2.08% | 21.2 | 19.5 | 3.2 | 3.34% | 3.50% |
| LNG | Cheniere Energy, Inc. | 1.96% | 21.9 | 13.5 | 2.9 | 0.77% | 3.19% |
| ETR | Entergy Corporation | 1.78% | 26.9 | 19.6 | 3.7 | 2.44% | 2.36% |
| FHZN | Flughafen Zurich | 1.72% | — | — | — | — | — |
| APA | APA Group | 1.71% | — | — | — | — | — |
| AIA | Auckland International Airport Limited | 1.70% | — | — | — | — | — |
| 9532 | Osaka Gas Co. Ltd. | 1.60% | — | — | — | — | — |
| PEG | Public Service Enterprise Group Incorporated | 1.58% | 17.8 | 15.0 | 2.8 | 3.75% | 3.18% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About RIFR valuation
Adding up its 33 holdings with company data, RIFR trades at 22.1 times trailing earnings and 17.8 times analysts' forward estimates, with a price-to-book ratio of 2.96 and a dividend yield of 2.76%. Its earnings yield of 4.52% is 0.80 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 40.3% of the fund and earn 54.7% of its combined profit. By sector, Energy is the most expensive at 25.5 times earnings and Utilities the cheapest at 19.5. Companies that lost money over the past year are 0.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 64.3% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: RIFR chart, RIFR performance, RIFR holdings, RIFR dividends.
RIFR valuation FAQ
What is the P/E ratio of RIFR?
Based on its holdings, RIFR has a trailing P/E of 22.1 and a forward P/E of 17.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of RIFR?
The trailing earnings yield is 4.52% (1 ÷ P/E) and the forward earnings yield 5.61%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is RIFR more expensive than the S&P 500?
RIFR trades at 22.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.8 and 19.9.
What is the price-to-book ratio of RIFR?
The holdings of RIFR trade at 2.96 times book value, with a combined return on equity of 13.4%.
Which sector in RIFR has the highest P/E?
Energy has the highest P/E at 25.5 and Utilities the lowest at 19.5.