PAVE Global X U.S. Infrastructure Development ETF

*Unless otherwise stated, data provided by FactSet.

PAVE Fund Description

PAVE tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.

PAVE Factset Analytics Insight

PAVE’s definition of infrastructure includes many players in the construction supply chain, such as producers of raw materials, construction equipment producers, industrial transportation, and engineering services. Unlike most other infrastructure-themed funds, PAVE focuses on domestic infrastructure, as companies must be listed in and derive more than 50% of their revenue from the US. The Index may include large-, mid-, and small-cap companies weighted by market capitalization. MLPs, REITs and BDCs are excluded. For diversification purposes, PAVE undergoes annual reconstitution and rebalance with a single security cap of 3% and a single security floor of 0.3%.

PERFORMANCE [as of 09/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PAVE -11.95% 2.11% -19.10% -10.00% 13.58% 9.23% --
PAVE (NAV) -11.99% 2.07% -19.07% -10.00% 13.50% 9.29% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PAVE Summary Data

Global X
03/06/17
Open-Ended Fund
0.47%
$3.26B
$18.52M
0.04%

PAVE Portfolio Data

$27.22B
11.57
2.76
0.78%
N/A
100

PAVE Index Data

Market Cap
Market Cap
N/A

PAVE Portfolio Management

0.47%
-0.65%
-0.47%
-1.02%

PAVE Tax Exposures

20.00% / 39.60%
0.02%
Qualified dividends
No

PAVE Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

PAVE Factset Analytics Block Liquidity

As of 09/30/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PAVE. PAVE is rated a 5 out of 5.

PAVE Tradability

742,620
$18.52M
513,096
$13.25M
0.04%
$0.01
0.03%
0.88% / -2.02%
None
100.00%
50,000
10.26
0.03%
0.04%
7,569
$23.20
5

PAVE Sector/Industry Breakdown


PAVE
Segment Benchmark
35.85%
--
19.81%
--
11.56%
--
8.15%
--
6.80%
--
4.91%
--
4.64%
--
3.37%
--
3.36%
--
1.34%
--

PAVE Top 10 Holdings[View All]

30.60%

PAVE Countries


PAVE
Segment Benchmark
100.00%
--

PAVE Regions


PAVE
Segment Benchmark
100.00%
--

PAVE Economic Development


PAVE
Segment Benchmark
100.00%
--
0.00%
--

PAVE Performance Statistics

--
--
--
--
--
N/A

PAVE Benchmark Comparison Holdings

100
--
--
--

PAVE Benchmark Comparison Summary


PAVE
Segment Benchmark
100
--
$27.22B
--
11.57
--
2.76
--
1.18%
--
Low
--

PAVE Benchmark Comparison Market Cap Size


PAVE
Segment Benchmark
59.13%
--
30.19%
--
8.00%
--
2.54%
--