PAVE

Global X U.S. Infrastructure Development ETF

$46.99

+0.00%

Market closed. Last update: 11:42 PM ET

📎 Investment Objective

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

Overview

ETF tracking Global X U.S. Infrastructure Development ETF

Category International

Issuer Other

Inception Date 2017-03-08

Market Cap $9.5B

Average Volume N/A

Dividend Yield 0.53%

52-Week Range $33.78 - $48.56

VWAP $47.07

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in companies that are involved in the construction and development of infrastructure assets in the United States, including those engaged in the engineering, construction, and production of infrastructure-related products and services.

✨ Key Features

Focuses on U.S. companies involved in infrastructure development and construction
Provides exposure to a broad range of infrastructure-related sectors, including transportation, utilities, and communications
Tracks the Indxx U.S. Infrastructure Development Index, which is designed to measure the performance of such companies
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on the infrastructure development sector
Potential volatility due to the cyclical nature of the infrastructure industry
Exposure to economic and regulatory changes that may impact infrastructure companies
Liquidity risk as the fund is relatively new and has a small asset base

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. infrastructure development sector as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon who are willing to accept the risks associated with the infrastructure industry.