PAVEGlobal X U.S. Infrastructure Development ETF

Grow my money9y track recordRanked #366 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the price and yield performance of the Indxx U.S. Infrastructure Development Index.

By Global X Funds · Launched 2017

Annual Cost

0.47%

#2,305 of 5,562 · average

Fund Size

$13.5B

#211 of 5,562 · large

Return (1Y)Goal

+40.6%

Track Record

9 years

#1,532 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$13,878+38.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Sector

Utilities

Focus

Real Assets, Infrastructure

Index tracked

Indxx US Infrastructure Development Index

What it actually holds

By weight

Concentration

Top 10 holdings = 32.6% of fund✓ well diversified

HOWMET AEROSPACE INC.

4.4%

QUANTA SERVICES, INC.

3.6%

PARKER-HANNIFIN CORPORATION

3.5%

CRH PUBLIC LIMITED COMPANY

3.3%

SEMPRA

3.1%

NORFOLK SOUTHERN CORPORATION

3.1%

FASTENAL COMPANY

2.9%

TRANE TECHNOLOGIES PLC

2.9%

CSX Corporation

2.9%

ROCKWELL AUTOMATION, INC.

2.9%

Asset allocation

Stocks

100.0%

By sector

Industrials

74.4%

Basic Materials

20.1%

Utilities

3.4%

Technology

2.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

19.4%Moderate

Year-on-year price swings

Max drawdown

-44.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.05Strong risk-adjusted returns

Sortino (3Y)

1.58Good downside protection

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to provide investment results that correspond generally to the price and yield performance of the Indxx U.S. Infrastructure Development Index.
Strategy: Invests primarily in securities of the Indxx U.S. Infrastructure Development Index, which measures U.S. companies involved in infrastructure development. The Fund may lend securities and is concentrated in companies providing exposure to construction, raw materials, and industrial transportation. The Underlying Index is reconstituted semi-annually and weighted by modified capitalization methodology, including large-, mid-, and small-cap companies.
Inception date: March 6, 2017
Fund family: Global X Funds