Global X Infrastructure Development ex-U.S. ETF (IPAV)

Assets	$5.25M
Expense Ratio	0.55%
PE Ratio	20.45
Shares Out	160,000
Dividend (ttm)	$0.38
Dividend Yield	1.14%
Ex-Dividend Date	Dec 30, 2025
Payout Frequency	Semi-Annual
Payout Ratio	n/a

Volume	187
Open	33.50
Previous Close	33.47
Day's Range	33.50 - 33.50
52-Week Low	26.03
52-Week High	35.40
Beta	n/a
Holdings	112
Inception Date	Aug 27, 2024

About IPAV

Fund Home Page

The Global X Infrastructure Development ex-U.S. ETF (IPAV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies outside the US that derive the majority of their revenue from infrastructure development. IPAV was launched on Aug 27, 2024 and is issued by Global X.

• Asset Class: Equity
• Category: Infrastructure
• Stock Exchange: BATS
• Ticker Symbol: IPAV
• ETF Provider: Global X
• Index Tracked: Global X Infrastructure Development ex-U.S. Index

Top 10 Holdings

34.00% of assets

Name	Symbol	Weight
Prysmian S.p.A.	PRY	4.66%
ArcelorMittal S.A.	MT	4.04%
Shin-Etsu Chemical Co., Ltd.	4063	3.78%
POSCO Holdings Inc.	005490	3.38%
Canadian Pacific Kansas City Limited	CP	3.16%
CEMEX, S.A.B. de C.V.	CX	3.09%
Canadian National Railway Company	CNR	3.08%
Komatsu Ltd.	6301	2.99%
Epiroc AB (publ)	EPI.A	2.91%
Cellnex Telecom, S.A.	CLNX	2.91%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.25033	Jan 7, 2026
Jun 27, 2025	$0.12989	Jul 7, 2025
Dec 30, 2024	$0.07107	Jan 7, 2025

Performance

IPAV had a total return of 28.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.07%.