ETF Evaluator:
Nuveen Global Infrastructure ETF ()
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(as of Aug 20)
Best Performing in Infrastructure Over the Last Year
| 30.0% | Themes US Infrastructure ETF () |
| 27.5% | First Trust NASDAQ® Cln Edge®StGidIfsETF (GRID) |
| 25.2% | Xtrackers US Green Infras Sel Eq ETF (UPGR) |
| 24.3% | Global X US Infrastructure Dev ETF (PAVE) |
| 21.8% | iShares US Infrastructure ETF (IFRA) |
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ETF Details
Nuveen Global Infrastructure ETF Overview
Nuveen Global Infrastructure ETF (NGIF) is an actively managed Sector Equity Infrastructure exchange-traded fund (ETF). Nuveen launched the ETF in 2026.
The investment seeks long-term growth of capital and income.
The fund normally invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities issued by U.S. and non-U.S. infrastructure-related companies. It normally will invest at least 40% of its net assets in securities of non-U.S. issuers and, in any case, will invest at least 30% of its net assets in such issuers. The fund diversifies its investments among a number of different countries throughout the world. Up to 25% of the fund's total assets may be invested in equity securities of emerging market issuers.
About Nuveen Global Infrastructure ETF (NGIF)
There are 4 members of the management team with an average tenure of 6.96 years: Tryg Sarsland (2012), Benjamin Kerl (2024), Jagdeep Ghuman (2019) and Noah Hauser (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and S&P Global Infrastructure NR USD index with a weighting of 100%. Nuveen Global Infrastructure ETF has 70 securities in its portfolio. The top 10 holdings constitute 37.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Nuveen Global Infrastructure ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Nuveen Global Infrastructure ETF has 43.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 53.7% There is 43.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Nuveen Global Infrastructure ETF has 3.0% of the portfolio in cash.
Assets Under Management
The fund has $15 million in total assets, which is below the $1 billion average for the Infrastructure category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
NGIF Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Nuveen Global Infrastructure ETF expense ratio is high compared to funds in the Infrastructure category. Nuveen Global Infrastructure ETF has an expense ratio of 0.88%, which is 65% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Nuveen Global Infrastructure ETF has a portfolio turnover rate of 95%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Infrastructure category.
Recently, in the month of July 2026, Nuveen Global Infrastructure ETF returned -1.4%, which earned it a grade of C, as the Infrastructure category had an average return of -2.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Nuveen Global Infrastructure ETF has a trailing yield of 0.00%, which is below the 2.04% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Nuveen Global Infrastructure ETF Grades
Year to date, the ETF has returned 11.8%, 2.1 percentage points worse than the category, which translates into a grade of C. The fund has returned 16.0% over the past year (grade of D), 14.3% over the past three years (grade of C) and 9.8% per year over the past five years (grade of D) and 8.4% per year over the past 10 years (grade of A).
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NGIF Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NGIF Return (NAV) | -1.4% | -2.3% | 16.0% | 14.3% | 9.8% | 8.4% |
| NGIF Return (Price) | -1.3% | na | na | na | na | na |
| NAV +/- Price Return | -0.110% | na | na | na | na | na |
| Infrastructure Avg | -2.8% | -1.9% | 18.7% | 13.0% | 10.2% | 9.3% |
| NGIF Grade (NAV) | C | D | D | C | D | A |
| +/- Category (NAV) | 1.4% | -0.4% | -2.7% | 1.3% | -0.4% | -0.9% |
| NGIF Tax-Cost Ratio | na | na | na | na | na | na |
NGIF Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NGIF Return (NAV) | 11.8% | 18.0% | 10.9% | 8.9% | -6.2% | 14.8% | -2.5% | 29.7% | -7.7% | 19.6% | 7.9% |
| NGIF Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Infrastructure Avg | 13.9% | 21.7% | 7.2% | 11.3% | -4.1% | 20.7% | 6.3% | 27.8% | -11.8% | 18.0% | 14.9% |
| NGIF Grade (NAV) | C | D | C | C | C | C | D | B | A | A | F |
| +/- Category | -2.1% | -3.6% | 3.8% | -2.4% | -2.1% | -6.0% | -8.8% | 1.9% | 4.1% | 1.6% | -7.0% |
| Risk Measures | |
| Beta: | 0.55 |
| R-Squared: | 31% |
| Standard Deviation: | 12.5% |
| Category Risk Index: | 0.76 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 1.02 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 579 Mil |
| Share Class Assets: | $ 15 Mil |
| Turnover: | 95.0% |
| Expense Ratio: | 0.88% |
| Index Fund: | No |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 13.7 years | |||
| Average Tenure: 7.0 years | |||
| Managers (Year): Sarsland Tryg (2012), Ghuman Jagdeep (2019), Hauser Noah (2021), Kerl Benjamin (2024) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 70 |
| % in Top 10 Holdings: | 37.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 43.0% |
Portfolio Allocation |
|
| Domestic Stock: | 53.7% |
| Foreign Stock: | 43.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.3% |
| Cash: | 3.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Nuveen |
| Phone Number: | 800-257-8787 |
| Website: | www.nuveen.com |
| Inception Date: | June 2, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.88% (Rating: High) |
| Category Average Expense Ratio (%): | 0.53% |
