The iShares Global Infrastructure ETF (IGF -0.48%) invests in transportation, communications, water, electricity, and other infrastructure-related stocks 20. In August 2026, almost 40% of its holdings were in transportation stocks, 38% in utility stocks, and 19% in energy stocks.
In contrast to the previous ETF, the IShares Global Infrastructure ETF tends to invest in relatively defensive “tollbooth” type infrastructure assets that provide investors with a steady stream of recurring income.
Only 37% of the value in its 74 holdings was in the U.S., 8% in Canada, and a little more than 6% in Mexico; the rest was outside North America. A quick look at some of its largest holdings demonstrates its international flavor. For example, it holds assets such as Australian toll road company Transurban Group (TCL +0.79%), renewable energy power company NextEra Energy (NEE -0.19%), Spanish airport operator Aena (OTC:ANYY.Y): 4.6%.Energy pipeline company Enbridge (ENB -0.42%), and Spanish renewable energy company and electric utility Iberdrola (FRA:IBE1).
The ETF’s expense ratio is 0.37%. Its exposure to traditionally high-yielding core infrastructure companies helped give it a 30-day SEC dividend yield of 2.7% in the summer of 2026.
The ETF aims to provide investors with exposure to the megatrend of urbanization and the need for 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 the type of global infrastructure spending identified in the PwC report discussed above. 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 for conservative investors.