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PAVE vs IPAV

Global X U.S. Infrastructure Development ETF vs Global X Infrastructure Development ex-U.S. ETF

PAVE

Global X U.S. Infrastructure Development ETF

Global X Funds

Annual cost

0.47%

Fund size

$13.4B

IPAV

Global X Infrastructure Development ex-U.S. ETF

Global X Funds

Annual cost

0.55%

Fund size

$5M

Key differences

  • PAVE costs 0.08% less per year.
  • PAVE is significantly larger than IPAV — larger funds tend to be more liquid and less likely to close.
  • PAVE covers north america markets; IPAV covers global.
  • PAVE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PAVEIPAV
Annual cost (TER)0.47%0.55%
Fund size (AUM)$13.4B$5M
Since20172024
Dividend yield0.77%1.14%
Asset classequityequity
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+34.4%+28.9%
CAGR 3Y+26.2%N/A
CAGR 5Y+16.2%N/A
Sharpe 3Y1.07N/A
Volatility 1Y18.75%16.97%
Max drawdown-44.08%-14.59%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to PAVE and IPAV