5 Best Infrastructure ETFs

3. iShares U.S. Infrastructure ETF (BATS:IFRA)

5-Year Performance as of September 25: 38.45%

The iShares U.S. Infrastructure ETF (BATS:IFRA), ranking 3rd on our list of the best infrastructure ETFs, aims to follow the NYSE FactSet U.S. Infrastructure Index, which comprises stocks from U.S. companies linked to infrastructure. These companies stand to gain from potential growth in domestic infrastructure projects. The fund was launched on April 3, 2018, and it manages assets worth $2.08 billion as of September 25, 2023, while featuring an expense ratio of 0.30%.

The Greenbrier Companies, Inc. (NYSE:GBX) is a prominent holding of the iShares U.S. Infrastructure ETF (BATS:IFRA). The Greenbrier Companies, Inc. (NYSE:GBX) creates, produces, and sells equipment for railroad freight cars in North America, Europe, and South America. The company has three main divisions – Manufacturing, Maintenance Services, and Leasing & Management Services. Its clients include railways, leasing firms, financial institutions, shippers, carriers, and transportation companies.

According to Insider Monkey’s second quarter database, 15 hedge funds were bullish on The Greenbrier Companies, Inc. (NYSE:GBX), up from 12 funds in the last quarter. Ken Griffin’s Citadel Investment Group held a significant position in the company, with 206,505 shares worth $8.9 million.

White Brook Capital Partners made the following comment about The Greenbrier Companies, Inc. (NYSE:GBX) in its second quarter 2023 investor letter:

“The Greenbrier Companies, Inc. (NYSE:GBX): Greenbrier posted a solid quarter with beats on revenue and margins and indicated continued strength in the business model in line with what we’ve noted in these commentaries in past quarters.”