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Global ETF Survey 2026

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Global ETF Survey 2026
›ETF Issuers›Global X›PAVE
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PAVE ETF · Global X US Infrastructure Development ETF

The PAVE Exchange Traded Fund (ETF) is provided by Global X. It is built to track an index: Indxx U.S. Infrastructure Development Index. The PAVE ETF provides physical exposure, so by buying it you actually own parts of all the 100 underlying holdings. This share class generates a stream of income by distributing dividends.
Real-time data unavailable for PAVE
LIVE
CLOSED
This fund is part ofUS Blended Cap1M perf.+1.77%
Last price
N/A
1M perf.
+2.51%
1M flows
N/A
AuM
€17M
TER
0.47%
Rating
Not rated
ESG Consensus®
esg grade icon
PAVE
N/A

Performance & flows

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March 3, 2026 → June 3, 2026
0-12-10-8-6-4-20246%APRMAYJUNAPRMAYJUN
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PAVE
A$14.05
+3.24%
US Blended Cap
+4.19%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+2.51%
icon
+3.24%
icon
+22.12%
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N/AN/A
+2.38%
+7.98%
+11.76%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
ISIN
AU0000333247
AuM
€17M
icon
TER
0.47%
icon
Replication rating
Not rated
ESG Consensus®
esg grade icon
icon
More details
NAV
6/3/2026
A$14.05
1D NAV change
+1.20%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
100
Inception date
6/3/2024
Jurisdiction
Australia
Distribution
Australia
Legal structure
Managed Investment Scheme
Base currency
AUD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
The Global X US Infrastructure Development ETF (PAVE) aims to capture a resurging focus on infrastructure in the world’s largest economy. It does so by investing in US-domiciled companies involved in the construction, engineering, material procurement, transportation, and equipment distribution processes of infrastructure projects. The Global X US Infrastructure Development ETF seeks to provide investors with a return that (before fees and expenses) tracks the performance of the Indxx U.S. Infrastructure Development Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Similar ETFs in your region

PAVE
1M perf.
+1.95%
TER
0.47%
PAVE
1M perf.
+1.90%
TER
0.49%
PAVE
1M perf.
-0.16%
TER
0.47%
HWAY
1M perf.
+2.85%
TER
0.29%
SLTY
1M perf.
-1.54%
TER
1.24%

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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
+3.24%
icon
+22.12%
icon
N/A
N/A
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
USA
87.53%
Ireland
10.37%
Switzerland
1.73%
Unavailable
0.10%
Other
0.26%
Sectors
Industrials
69.03%
Materials
20.04%
Utilities
3.00%
Information Technology
1.28%
Unavailable
5.96%
Other
0.69%
Diversification
Total weight of top 15 holdings out of 100
Top 15 holdings
Data as of April 30, 2026
QUANTA SERVICES
CSX
EATON CORP PLC
TRANE TECHNOLOGIES PLC
UNION PACIFIC U
HOWMET AEROSPACE INC
NORFOLK SOUTHERN
SEMPRA ENERGY
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DEERE
PARKER HANNIFIN
UNITED RENTALS
FASTENAL
NUCOR
CRH PLC
ROCKWELL AUTOMAT
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of March 31, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about PAVE ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


PAVE’s has a Final Sustainability Grade of either B+, B, or B-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
68.89% of holdings have positive scoring
31.20% of holdings have negative scoring
13.68%
38.30%
16.91%
28.28%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

Global X
Global X ID Card
Number of funds
512
Total AuM
€149.31B
Expense ratio range
0.02% - 2.06%
Average expense ratio
0.572%

Frequently asked questions about PAVE

What does Global X US Infrastructure Development ETF, PAVE, invest in?

PAVE is a Passive ETF. This ETF provides exposure to US Equities.

Which benchmark or index does PAVE replicate?

PAVE tracks the Indxx U.S. Infrastructure Development Total Return Index - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of PAVE?

PAVE carries a total expense ratio (TER) of 0.47%, indicating the annual cost for holding the fund.

When was PAVE launched?

PAVE was introduced to the market on June 3, 2024. It trades on Australia

Who is the ETF issuer of PAVE?

Global X US Infrastructure Development ETF, PAVE, is provided by Global X. Learn more about Global X here.

What is the current assets under management (AUM) of PAVE?

PAVE oversees €17M in assets as of June 3, 2026.

How has PAVE performed lately?

Based on data from June 3, 2026, PAVE returned 2.51% over the past month, 3.24% over the last three months and 11.76% year-to-date.

What are the latest inflows or outflows for PAVE?

As of June 3, 2026, PAVE recorded net flows of +€2M year-to-date.

Does PAVE distribute dividends?

PAVE follows a distributing dividend policy, meaning it pays out income to investors.

What are the main country or region exposures of PAVE?

As of April 30, 2026, PAVE has significant geographic allocations in USA, Ireland and Switzerland.

In which sector or theme does PAVE invest in?

As of April 30, 2026, PAVE focuses largely on Industrials, Materials and Utilities.

How many securities does PAVE hold and how diversified is it?

As of April 30, 2026, PAVE holds 100 positions in its portfolio, with 45.74% of assets concentrated in its top 15 holdings.

What are the main positions in PAVE?

As of April 30, 2026, PAVE top three holdings include QUANTA SERVICES, CSX and EATON CORP PLC.

What is the base currency of PAVE?

The base currency of PAVE is AUD.

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