PAVEGlobal X U.S. Infrastructure Development ETF
Tracks the Indxx U.S. Infrastructure Development Index.
By Global X Funds · Launched 2017
Annual Cost
0.47%
#2,366 of 5,853 · average
Fund Size
$14.6B
#201 of 5,853 · large
Return (1Y)Goal
+23.4%
Track Record
9 years
#1,504 of 5,853 · established
Performance
Total-return NAV · USDGrowth of $10,000
$12,633+26.3%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaCap
Multi cap
Strategy
Index tracking
Focus
Real Assets, Infrastructure
Index tracked
Indxx US Infrastructure Development Index
What it actually holds
By weightConcentration
Top 10 holdings = 32.4% of fund✓ well diversified
DEERE & COMPANY
3.4%
HOWMET AEROSPACE INC.
3.4%
QUANTA SERVICES, INC.
3.4%
CSX Corporation
3.4%
TRANE TECHNOLOGIES PLC
3.3%
UNION PACIFIC CORPORATION
3.2%
EATON CORPORATION PUBLIC LIMITED COMPANY
3.2%
SEMPRA
3.2%
NORFOLK SOUTHERN CORPORATION
3.1%
PARKER-HANNIFIN CORPORATION
3.0%
Asset allocation
Stocks
99.9%
Cash
0.1%
By sector
Industrials
76.4%
Basic Materials
18.2%
Utilities
3.4%
Technology
2.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
20.4%High
Year-on-year price swings
Max drawdown
-44.1%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.87Decent risk-adjusted returns
Sortino (3Y)
1.29Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Tracks the Indxx U.S. Infrastructure Development Index.
- Strategy
- Invests primarily in U.S. listed companies providing exposure to infrastructure development, including construction, raw materials, and industrial transportation. Uses a replication strategy to match the Indxx U.S. Infrastructure Development Index's performance, which includes large-, mid-, and small-cap companies.
- Inception date
- March 6, 2017
- Fund family
- Global X Funds
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Data updated on 2026-08-02