Global X U.S. Infrastructure Development ETF (PAVE)
| Assets | $13.76B |
| Expense Ratio | 0.47% |
| PE Ratio | 29.27 |
| Shares Out | 246.23M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 0.78% |
| Ex-Dividend Date | Jun 29, 2026 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 22.45% |
| Volume | 668,284 |
| Open | 56.15 |
| Previous Close | 56.06 |
| Day's Range | 55.17 - 56.32 |
| 52-Week Low | 45.44 |
| 52-Week High | 60.43 |
| Beta | 1.22 |
| Holdings | 102 |
| Inception Date | Mar 6, 2017 |
About PAVE
Fund Home PageThe Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development. PAVE was launched on Mar 6, 2017 and is issued by Global X.
Top 10 Holdings
31.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Emerson Electric Co. | EMR | 3.31% |
| Nucor Corporation | NUE | 3.28% |
| Fastenal Company | FAST | 3.25% |
| Eaton Corporation plc | ETN | 3.20% |
| Parker-Hannifin Corporation | PH | 3.15% |
| Quanta Services, Inc. | PWR | 3.09% |
| United Rentals, Inc. | URI | 2.98% |
| Howmet Aerospace Inc. | HWM | 2.97% |
| Trane Technologies plc | TT | 2.95% |
| Deere & Company | DE | 2.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.1027 | Jul 2, 2026 |
| Dec 30, 2025 | $0.32837 | Jan 7, 2026 |
| Jun 27, 2025 | $0.11032 | Jul 7, 2025 |
| Dec 30, 2024 | $0.13942 | Jan 7, 2025 |
| Jun 27, 2024 | $0.0801 | Jul 5, 2024 |
| Dec 28, 2023 | $0.15597 | Jan 8, 2024 |
Performance
PAVE had a total return of 18.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.61%.
News
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ETF Spotlight: Global Infrastructure ETF, PAVE
CNBC's Morgan Brennan delivers Monday's edition of ETF Spotlight where Brennan discusses the Global Infrastructure ETF, PAVE. Top holding Nucor and other steelmakers are all up early in Monday's tradi...
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The Global X US Infrastructure Investment ETF, which trades under the ticker PAVE, rose on Monday.
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ETF Spotlight: Global X Infrastructure under pressure as investors await House vote on bill
The 'Squawk on the Street' highlights the Global X Infrastructure ETF. As the infrastructure bill in Congress nears finalization, the team discusses other sectors to watch out for.
Biden's infrastructure bill is releasing ‘a lot of money': here's how to invest
Transportation might be the next big investment theme in the US as the Senate works to enact President Biden's proposed $579 billion infrastructure bill. The bill seeks to put more cash into telecommu...