Global X U.S. Infrastructure Development ETF (PAVE)
Description
The investment seeks to track the performance of the Indxx U.S. Infrastructure Development Index. The PAVE ETF contains 98 constituents. It is focused on blend holdings in the North America region.
Price $23.80 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 0.76% |
| Expense ratio | 0.47% |
| Average spread | 0.042% |
| 1Y roundtrip cost | 0.512% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -8.6% | 1.7% | 5.6% | -7.1% | -1.7% | -11.5% | 15.5% | -2.7% | -9.8% | 3.2% | -15.4% | ||
| 2021 | -1.9% | 10.0% | 9.6% | 3.0% | 2.6% | -2.6% | 2.8% | 2.8% | -6.6% | 8.8% | -1.6% | 6.2% | 33.0% |
| 2020 | -4.2% | -8.7% | -21.0% | 12.1% | 6.5% | 4.1% | 3.0% | 8.5% | -1.2% | 3.4% | 16.4% | 4.9% | 23.8% |
| 2019 | 11.7% | 4.7% | -0.3% | 4.9% | -10.3% | 10.7% | -0.6% | -5.1% | 5.1% | 2.5% | 5.0% | 2.6% | 31.1% |
| 2018 | 3.2% | -5.8% | -1.7% | -2.6% | 5.3% | -1.1% | 5.2% | 0.6% | -0.4% | -11.9% | 3.0% | -12.9% | -19.0% |
| 2017 | -0.7% | -2.9% | 2.4% | -0.4% | -0.8% | 6.9% | 1.0% | 3.9% | 4.2% | 13.5% | |||
| 0.2% | 1.9% | -7.7% | 9.7% | -0.5% | 2.0% | 25.4% | 3.3% | -6.0% | 7.0% | 26.7% | 4.9% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.08 | 0.08 | |||||||||||
| 2021 | 0.04 | 0.10 | 0.14 | ||||||||||
| 2020 | 0.04 | 0.06 | 0.09 | ||||||||||
| 2019 | 0.07 | 0.05 | 0.12 | ||||||||||
| 2018 | 0.10 | 0.10 | |||||||||||
| 2017 | 0.05 | 0.05 | |||||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Nucor Corporation | 3.55% |
| Eaton Corp. Plc | 3.22% |
| Kansas City Southern | 3.12% |
| Norfolk Southern Corporation | 2.92% |
| Rockwell Automation, Inc. | 2.91% |
| CSX Corporation | 2.89% |
| Vulcan Materials Company | 2.89% |
| Trane Technologies plc | 2.88% |
| United Rentals, Inc. | 2.85% |
| Fastenal Company | 2.84% |
| Union Pacific Corporation | 2.84% |
| Emerson Electric Co. | 2.82% |
| Deere & Company | 2.79% |
| Parker-Hannifin Corporation | 2.64% |
| Martin Marietta Materials, Inc. | 2.63% |
| Top 15 Weights | 43.79% |
Compare with similar ETFs
| PAVE | HSMV | MIDF | RTM | SPHB | VFQY | |
|---|---|---|---|---|---|---|
| Product name | Global X U.S. Infrastructure Development ETF | First Trust Horizon Managed Volatility Small/Mid ETF | iShares Edge MSCI Multifactor USA Mid-Cap ETF | Guggenheim S&P 500 Equal Weight Materials ETF | PowerShares S&P 500 High Beta Portfolio ETF | Vanguard U.S. Quality Factor ETF |
| Issuer | Global X | First Trust | iShares | Invesco | Invesco | Vanguard |
| Price | $23.8 | $28.7342 | $36.68 | $145.94 | $57.95 | $98.828 |
| Expense Ratio | 0.47% |  0.8% |  0.25% | 0.4% | 0.25% | 0.13% |
| Average Spread | 0.042% | 0.139% | 0.136% | 0.075% | 0.035% | 0.111% |
| AUM | $4,201,020,000 | $12,935,000 | $5,384,550 | $386,435,000 | $1,094,740,000 | $98,906,800 |
| Shares | 176,513,300 | 450,161 | 146,798 | 2,647,900 | 18,891,109 | 1,000,797 |
| Average Daily Volume | 827,693 | 879 | 3,489 | 15,757 | 479,100 | 16,263 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2017-03-06 | 2020-04-06 | 2019-06-04 | 2006-11-01 | 2011-05-05 | 2018-02-13 |
| Index Tracked | Indxx U.S. Infrastructure Development Index | No Underlying Index | MSCI USA Mid Cap Diversified Multiple-Factor Index | S&P 500 Equal Weighted / Materials -SEC | S&P 500 High Beta Index | No Underlying Index |
| Category | Utilities Equities | Small Cap Blend Equities | Mid Cap Blend Equities | Materials | Large Cap Blend Equities | All Cap Equities |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Large/Mid Caps | Mid Caps | Large/Mid Caps | Large/Mid Caps | Large/Mid Caps | Large/Mid/Small Caps |
| Value or Growth | Blend | Blend | Blend | Blend | Blend | Blend |
| Region | North America | North America | North America | North America | North America | North America |
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0.18 | $0.37 | $0 | $3.137 | $0.495 | $1.428 |
| Annual Dividend Yield | 0.008% | 0.013% | 0.000% | 0.021% | 0.009% | 0.014% |
| Number of Holdings | 98 | 200 | 86 | 28 | 99 | 768 |
| YTD Return | -17.04% | -16.59% | -10.25% | -17.70% | -26.30% | -20.94% |
| Beta | 1.24 | 0.90 | 1.01 | 1.19 | 1.50 | 1.05 |
| Upside Beta | 0.78 | 0.63 | 0.66 | 0.22 | 0.14 | 0.60 |
| Downside Beta | 0.41 | 0.00 | 0.44 | -0.13 | -0.32 | 0.46 |
| Volatility 1Y | 25.23% | 18.99% | 21.39% | 23.98% | 34.64% | 24.48% |
| Sharpe Ratio 3Y | 0.75 | 0.00 | 0.85 | 0.74 | 0.60 | 0.51 |
| Treynor Ratio 3Y | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |