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Global X - U.S. Infrastructure Development ETF (PAVE)
USD56.23
-0.46 (-0.81%)
CBOE USD US Equity
NAV
USD 56.66
-0.76% vs NAV
as of 2026-07-13
AUM
USD 14.01B
TER
0.47%
Yield (TTM)
0.77%
Distribution
Distributing · Semi-Annual
52-week range
44.48 – 59.99
Holdings
102
Issuer
Global X
About this ETF
The Global X U.S. Infrastructure Development ETF, known by its ticker PAVE, aims to deliver investment returns that closely mirror the price movements and income generation of the Indxx U.S. Infrastructure Development Index, before accounting for any associated fees and operational expenses.
ISIN
US37954Y6730
Issuer
Global X
Domicile
US
Inception
2017-03-06
Asset class
Equity
Website
globalxetfs.com/funds/PAVE
Price
Top 10 holdings
| QUANTA SERVICES INC PWR | 3.86% |
| CSX CORP CSX | 3.79% |
| HOWMET AEROSPACE INC HWM | 3.42% |
| UNION PACIFIC CORP UNP | 3.41% |
| TRANE TECHNOLOGIES PLC TT | 3.38% |
| EATON CORP PLC ETN | 3.35% |
| UNITED RENTALS INC URI | 3.15% |
| NORFOLK SOUTHERN CORP NSC | 3.11% |
| DEERE & CO DE | 3.09% |
| ROCKWELL AUTOMATION INC ROK | 3.05% |
Sector mix
Price chart
USD56.23
-0.46 (-0.81%)
Loading historical data…
Returns
| 1 month | +1.68% |
| 3 months | +2.89% |
| 6 months | +13.90% |
| Year to date | +17.66% |
| 1 year | +24.71% |
| 3 years (ann.) | +22.40% |
| 5 years (ann.) | +16.77% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 20.10% |
| Sharpe (1y) | 1.20 |
| Sharpe (3y) | 1.09 |
| Sortino (1y) | 2.03 |
| Max drawdown (1y) | -11.91% |
| Max drawdown (5y) | -26.49% |
| Max drawdown (full) | -44.08% |
| Beta vs S&P 500 (1y) | 1.14 |
| Correlation vs S&P 500 (1y) | 0.71 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
32
P(gain) 22 sessions — probability
59%
VaR 95% (daily)
-2.24%
CVaR 95% (daily)
-3.58%
GARCH vol forecast (22d)
1.37%
Market regime (Markov)
Bear
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
33.6%
Effective holdings
49
Disclosed positions
102
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
PAVE
0.47%
Equity median
0.39%
Cheapest in class BKLC
0.00%
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-29 | 2026-07-02 | USD 0.1027 |
| 2025-12-30 | 2026-01-07 | USD 0.3284 |
| 2025-06-27 | 2025-07-07 | USD 0.1103 |
| 2024-12-30 | 2025-01-07 | USD 0.1394 |
| 2024-06-27 | 2024-07-05 | USD 0.0801 |
| 2023-12-28 | 2024-01-08 | USD 0.1560 |
| 2023-06-29 | 2023-07-10 | USD 0.0800 |
| 2022-12-29 | 2023-01-09 | USD 0.1407 |
| 2022-06-29 | 2022-07-08 | USD 0.0806 |
| 2021-12-30 | 2022-01-07 | USD 0.0992 |
| 2021-06-29 | 2021-07-08 | USD 0.0399 |
| 2020-12-30 | 2021-01-08 | USD 0.0553 |
| 2020-06-29 | 2020-07-08 | USD 0.0383 |
| 2019-12-30 | 2020-01-08 | USD 0.0537 |
| 2019-06-27 | 2019-07-08 | USD 0.0652 |
| 2018-12-28 | 2019-01-08 | USD 0.1051 |
| 2017-12-28 | 2018-01-09 | USD 0.0506 |
ESG profile
Derived from holdings
covers 97.4% of the portfolio by weight
(96 scored constituents)
Environmental
62.2
class avg 63.0
Social
63.3
class avg 62.3
Governance
69.1
class avg 64.9
Total ESG
64.9
class avg 63.4
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Small-Cap ETF VB | 0.03% | 182.70B | 7.7% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 6.5% |
| Vanguard Value ETF VTV | 0.03% | 245.00B | 4.8% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 3.1% |
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 2.7% |
