IPAV

Global X Infrastructure Development ex-U.S. ETF

$28.71
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Global X Infrastructure Development ex-U.S. ETF (IPAV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Infrastructure Development ex-U.S. Index.

Overview

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

Issuer Other
Inception Date 2024-08-28
Market Cap $4.6M
Average Volume N/A
Dividend Yield 0.70%
52-Week Range $21.97 - $29.45
VWAP $28.67

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Global X Infrastructure Development ex-U.S. ETF (IPAV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Infrastructure Development ex-U.S. Index.

🎯 Investment Strategy

The fund invests in companies that are involved in the development of infrastructure projects outside the United States, including those engaged in the construction, installation, operation, and maintenance of infrastructure assets such as transportation, energy, and communication networks.

✨ Key Features

  • Provides exposure to global infrastructure development companies outside the U.S.
  • Diversified portfolio across various infrastructure sectors and geographies
  • Passively managed to track the Indxx Global Infrastructure Development ex-U.S. Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Exposure to non-U.S. markets, which may involve additional risks such as currency fluctuations, political instability, and different accounting and financial standards
  • Concentration in the infrastructure sector, which may be subject to regulatory changes and economic conditions affecting that industry
  • Potential for lower liquidity and higher trading costs compared to more established ETFs
  • Tracking error risk, as the fund may not perfectly replicate the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to global infrastructure development opportunities outside the United States as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon and a moderate to high risk tolerance.