Global X U.S. Infrastructure Development ETF (PAVE)
| Assets | $13.76B |
| Expense Ratio | 0.47% |
| PE Ratio | 29.27 |
| Shares Out | 245.77M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 0.77% |
| Ex-Dividend Date | Jun 29, 2026 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 22.37% |
| Volume | 736,377 |
| Open | 56.42 |
| Previous Close | 55.92 |
| Day's Range | 55.69 - 56.51 |
| 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 20.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.78%.
News
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ETF Spotlight: Global Infrastructure ETF, PAVE
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The Global X US Infrastructure Investment ETF, which trades under the ticker PAVE, rose on Monday.
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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
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