For instance, the iShares Global Infrastructure ETF (NYSEArca: IGF) and SPDR S&P Global Infrastructure ETF (NYSEArca: GII) track the S&P Global Infrastructure Index. The two ETFs include about a 40% tilt toward transportation infrastructure, along with electric utilities 22% and oil, gas & consumable fuel companies 18%. IGF has a 3.12% 12-month yield and GII has a 3.17% 12-month yield. [A Look At Infrastructure ETFs As IMF Urges Increased Spending]
Investors may also access the growing space through the recently launched Guggenheim High Income Infrastructure ETF (NYSEArca: GHII). GHII is the first yield-weighted infrastructure ETF to come to market. The new ETF tracks the S&P High Income Infrastructure Index, which is composed of the 50 highest-dividend-paying companies within the S&P Global BMI that operate in the energy, transportation, and utilities sectors. Specifically, utilities is 51.8% of GHII’s portfolio weight, followed by industrials 27.2% and energy 21.0%. The ETF has a 4.75% 30-day SEC yield. [Why Consider a Global Infrastructure ETF Position]
Additionally, ETF investors who are wary of additional currency risks can also take a look at the recently launched Deutsche X-trackers S&P Hedged Global Infrastructure ETF (NYSEArca: DBIF), which includes similar exposure to IGF and GII, except DBIF tries to mitigate the negative effects of falling foreign currencies. [A Global Infrastructure ETF With a Twist]
Potential investors should also be aware that the GHII and DBIF are still relatively small, so use limit orders to better control trades.
For more information on the infrastructure space, visit our infrastructure category.
Max Chen contributed to this article.