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ETFs

iShares Trust iShares Environmental Infrastructure and Industrials ETF

EFRA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 01 2022
Expense Ratio
0.47%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$2,767
AUM
$4,228,756
Associated Index
FTSE Green Revenues Select Infrastructure and Industrials Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

VIE
Veolia Environnement S.A.
6.12%
WAB
Westinghouse Air Brake Technologies Corp
6.01%
AWK
American Water Works Co. Inc.
5.86%
XYL
Xylem Inc
5.80%
PNR
Pentair plc
5.16%
WTRG
Essential Utilities Inc
4.26%
CLH
Clean Harbors, Inc.
4.10%
UU.
United Utilities Group PLC - Ordinary Shares - Class A
3.98%
TTEK
Tetra Tech, Inc.
3.96%
ITRK
Intertek Group plc
3.92%
Invest with EFRA

What is EFRA?

The Fund seeks to track the investment results of the FTSE Green revenues Select Infrastructure and Industrials Index (the "Underlying Index"), which has been developed by FTSE International Limited (the "Index Provider" or "FTSE"). The Underlying Index is composed of U.S. and non-U.S. equity securities selected from the FTSE Developed All-Cap ex Korea Index (the "Parent Index"). The Parent Index is composed of large-, mid- and small- capitalization stocks from developed markets. The Underlying Index captures eligible infrastructure and industrials solutions that aim to support energy efficiency and emissions mitigation, pollution reduction, or land and resource optimization. The Underlying Index is designed to reflect the equity performance of U.S. and non-U.S. companies that derive at least 40% of their combined annual green revenues in aggregate from a combination of 29 selected FTSE Green Revenues Classification System ("GRCS") micro- sectors.

ETFs related toEFRA

ETFs correlated to EFRA include CGW, FIW, PHO

EFRA
iShares Trust - iShares Environmental Infrastructure and Industrials ETF
CGW
Invesco Capital Management LLC - Invesco S&P Global Water Index ETF
FIW
First Trust Exchange-Traded Fund III - First Trust Water ETF
PHO
Invesco Capital Management LLC - Invesco Water Resources ETF
TPLC
Timothy Plan - Timothy Plan US Large/Mid Cap Core ETF
EXI
BlackRock Institutional Trust Company N.A. - iShares Global Industrials ETF
GLOV
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEFRA

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with EFRA using Composer

FAQ

EFRA is a US Equities ETF. The Fund seeks to track the investment results of the FTSE Green revenues Select Infrastructure and Industrials Index (the "Underlying Index"), which has been developed by FTSE International Limited (the "Index Provider" or "FTSE"). The Underlying Index is composed of U.S. and non-U.S. equity securities selected from the FTSE Developed All-Cap ex Korea Index (the "Parent Index"). The Parent Index is composed of large-, mid- and small- capitalization stocks from developed markets. The Underlying Index captures eligible infrastructure and industrials solutions that aim to support energy efficiency and emissions mitigation, pollution reduction, or land and resource optimization. The Underlying Index is designed to reflect the equity performance of U.S. and non-U.S. companies that derive at least 40% of their combined annual green revenues in aggregate from a combination of 29 selected FTSE Green Revenues Classification System ("GRCS") micro- sectors.

EFRA tracks the FTSE Green Revenues Select Infrastructure and Industrials Index.

No, EFRA is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EFRA is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EFRA is -0.0268%. This is the percent change in the value of EFRA over the most recent 1-month period. The 3-month return on EFRA is -0.0405%. This is the percent change in the value of EFRA over the most recent 3-month period.

ETFs similar to EFRA include SPHQ, DSI, and QUAL.

ETFs correlated to EFRA include CGW, FIW, and PHO.

ETFs that are inversely correlated to EFRA include EFZ, SPXS, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.