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

Assets	$5.31M
Expense Ratio	0.55%
PE Ratio	20.02
Shares Out	160,000
Dividend (ttm)	$0.38
Dividend Yield	1.13%
Ex-Dividend Date	Dec 30, 2025
Payout Frequency	Semi-Annual
Payout Ratio	22.57%

Volume	3,180
Open	33.90
Previous Close	33.90
Day's Range	33.71 - 33.90
52-Week Low	25.15
52-Week High	34.05
Beta	n/a
Holdings	103
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

33.31% of assets

Name	Symbol	Weight
Shin-Etsu Chemical Co., Ltd.	4063	4.02%
Prysmian S.p.A.	PRY	4.00%
ArcelorMittal S.A.	MT	3.65%
POSCO Holdings Inc.	005490	3.53%
Komatsu Ltd.	6301	3.20%
Canadian Pacific Ltd	n/a	3.12%
CEMEX, S.A.B. de C.V.	CX	2.99%
Canadian National Railway Company	CNR	2.98%
Epiroc AB (publ)	EPI.A	2.95%
Tata Steel Limited	TATASTEEL	2.86%

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 35.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 21.31%.