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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.+1.53%
Last price
N/A
1M perf.
+6.73%
1M flows
+€1.8M
AuM
€19M
TER
0.47%
Rating
Not rated
PAVE
N/A
Performance & flows
Segment for quartile rank
April 1, 2026 → July 1, 2026
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PAVE
A$14.67
+12.32%
US Blended Cap
+9.71%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +6.73%  | +12.32%  | +25.28% | N/A | N/A | -1.73% | -1.73% | +16.67% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
7/1/2026
A$14.67
1D NAV change
-1.73%
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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PAVE
1M perf.
+0.71%
TER
0.47%
PAVE
1M perf.
+0.68%
TER
0.47%
PAVE
1M perf.
+0.62%
TER
0.49%
HWAY
1M perf.
+1.07%
TER
0.29%
DGLO
1M perf.
+1.79%
TER
0.7%
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +12.32%  | +25.28% | 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
92.37%
Ireland
6.55%
Unavailable
0.16%
Other
0.93%
Sectors
Industrials
68.02%
Non-Energy Materials
26.92%
Utilities
3.35%
Unavailable
0.16%
Other
1.55%
Diversification
Total weight of top 15 holdings out of 100
Top 15 holdings
Data as of May 31, 2026
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More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Issuer
Global X
Global X ID Card
Number of funds
516
Total AuM
€144.79B
Expense ratio range
0.02% - 2.06%
Average expense ratio
0.5711%
Top 5 funds by Global X
| AuM | ||
|---|---|---|
PAVE | Global X U.S. Infrastructure Development ETF | €12.48B |
AIQ | Global X Artificial Intelligence & Technology ETF | €8.65B |
QYLD | Global X Nasdaq 100 Covered Call ETF | €7.19B |
SHLD | Global X Defense Tech ETF | €6.36B |
COPX | Global X Copper Miners ETF | €6.24B |
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 €19M in assets as of July 1, 2026.
How has PAVE performed lately?
Based on data from July 1, 2026, PAVE returned 6.73% over the past month, 12.32% over the last three months and 16.67% year-to-date.
What are the latest inflows or outflows for PAVE?
As of July 1, 2026, PAVE recorded net flows of +€1.8M over the last month and +€3.8M 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 May 31, 2026, PAVE has significant geographic allocations in USA and Ireland.
In which sector or theme does PAVE invest in?
As of May 31, 2026, PAVE focuses largely on Industrials, Non-Energy Materials and Utilities.
How many securities does PAVE hold and how diversified is it?
As of May 31, 2026, PAVE holds 100 positions in its portfolio, with 46.60% of assets concentrated in its top 15 holdings.
What are the main positions in PAVE?
As of May 31, 2026, PAVE top three holdings include Quanta Services, Inc., CSX Corp. and Howmet Aerospace, Inc..
What is the base currency of PAVE?
The base currency of PAVE is AUD.
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