PAVE: Global X U.S. Infrastructure Development ETF - MutualFunds.com
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Global X US Infrastructure Dev ETF

PAVE - Snapshot

Vitals

  • YTD Return 18.8%
  • 3 Yr Annualized Return 17.9%
  • 5 Yr Annualized Return N/A
  • Net Assets $3.69 B
  • Holdings in Top 10 30.0%

52 WEEK LOW AND HIGH

$26.17
$14.63
$27.18

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.47%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Compare PAVE to Popular Infrastructure Industry Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$16.28

-0.25%

$8.40 B

1.34%

$0.22

11.13%

0.96%

$25.90

-1.03%

$3.69 B

-

-

18.76%

0.47%

$47.26

-0.80%

$3.10 B

3.56%

$1.70

7.55%

0.43%

$59.26

-0.82%

$2.72 B

1.93%

$1.15

9.60%

0.48%

$27.58

-0.97%

$2.53 B

-

-

12.02%

2.53%

PAVE - Profile

Distributions

  • YTD Total Return 22.1%
  • 3 Yr Annualized Total Return 17.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.96%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Global X U.S. Infrastructure Development ETF
  • Fund Family Name
    Global X Funds
  • Inception Date
    Mar 06, 2017
  • Shares Outstanding
    139341258
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Nam To

Fund Description

The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to measure the performance of U.S. listed companies that provide exposure to domestic infrastructure development, including companies involved in construction and engineering; production of infrastructure raw materials, composites and products; industrial transportation; and producers/distributors of heavy construction equipment.


PAVE - Performance

Return Ranking - Trailing

Period PAVE Return Category Return Low Category Return High Rank in Category (%)
YTD 18.8% -6.4% 18.8% 1.03%
1 Yr 81.0% 11.1% 81.0% 1.08%
3 Yr 17.9%* 6.0% 18.7% 3.41%
5 Yr N/A* 4.9% 11.4% N/A
10 Yr N/A* 5.6% 11.0% N/A

* Annualized

Return Ranking - Calendar

Period PAVE Return Category Return Low Category Return High Rank in Category (%)
2020 19.1% -12.9% 28.8% 3.30%
2019 32.3% 9.9% 33.6% 3.45%
2018 -19.8% -19.8% -5.3% 100.00%
2017 N/A 4.0% 18.0% N/A
2016 N/A -1.0% 11.4% N/A

Total Return Ranking - Trailing

Period PAVE Return Category Return Low Category Return High Rank in Category (%)
YTD 22.1% -6.4% 22.1% 1.03%
1 Yr 81.0% 7.3% 81.0% 1.08%
3 Yr 17.9%* 5.0% 18.7% 3.41%
5 Yr N/A* 4.6% 11.4% N/A
10 Yr N/A* 5.6% 11.0% N/A

* Annualized

Total Return Ranking - Calendar

Period PAVE Return Category Return Low Category Return High Rank in Category (%)
2020 19.1% -12.9% 28.8% 3.30%
2019 32.3% 9.9% 33.6% 3.45%
2018 -19.8% -19.8% -3.9% 100.00%
2017 N/A 4.0% 22.0% N/A
2016 N/A -1.0% 15.7% N/A

PAVE - Holdings

Concentration Analysis

PAVE Category Low Category High PAVE % Rank
Net Assets 3.69 B 1.71 M 8.4 B 3.03%
Number of Holdings 100 26 241 16.16%
Net Assets in Top 10 1.1 B 687 K 4.75 B 4.04%
Weighting of Top 10 29.96% 8.4% 72.2% 90.91%

Top 10 Holdings

  1. United Rentals Inc 4.06%
  2. Nucor Corp 3.45%
  3. Rockwell Automation Inc 3.26%
  4. Fortive Corp 3.16%
  5. Kansas City Southern 3.10%
  6. Trane Technologies PLC 3.07%
  7. Deere & Co 3.01%
  8. Trimble Inc 2.97%
  9. Eaton Corp PLC 2.96%
  10. Jacobs Engineering Group Inc 2.95%

Asset Allocation

Weighting Return Low Return High PAVE % Rank
Stocks
99.89% 85.25% 142.75% 6.06%
Cash
0.11% -3.02% 12.42% 92.93%
Preferred Stocks
0.00% 0.00% 4.64% 91.92%
Other
0.00% -44.32% 8.71% 92.93%
Convertible Bonds
0.00% 0.00% 3.18% 91.92%
Bonds
0.00% 0.00% 6.23% 91.92%

Stock Sector Breakdown

Weighting Return Low Return High PAVE % Rank
Industrials
71.38% 0.00% 71.38% 1.01%
Basic Materials
19.96% 0.00% 29.88% 2.02%
Technology
5.15% 0.00% 23.22% 4.04%
Utilities
2.82% 0.00% 90.27% 98.99%
Energy
0.70% 0.00% 29.41% 91.92%
Real Estate
0.00% 0.00% 69.21% 100.00%
Healthcare
0.00% 0.00% 6.26% 91.92%
Financial Services
0.00% 0.00% 15.89% 92.93%
Communication Services
0.00% 0.00% 32.14% 98.99%
Consumer Defense
0.00% 0.00% 0.00% 91.92%
Consumer Cyclical
0.00% 0.00% 8.10% 92.93%

Stock Geographic Breakdown

Weighting Return Low Return High PAVE % Rank
US
99.89% 0.00% 99.89% 1.01%
Non US
0.00% 0.00% 100.01% 100.00%

PAVE - Expenses

Operational Fees

PAVE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.40% 20.65% 92.86%
Management Fee 0.47% 0.40% 1.25% 10.10%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.15% N/A

Sales Fees

PAVE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

PAVE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PAVE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 1.75% 322.82% 7.22%

PAVE - Distributions

Dividend Yield Analysis

PAVE Category Low Category High PAVE % Rank
Dividend Yield 0.15% 0.00% 1.65% 10.10%

Dividend Distribution Analysis

PAVE Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

PAVE Category Low Category High PAVE % Rank
Net Income Ratio 0.96% -0.41% 4.24% 76.53%

Capital Gain Distribution Analysis

PAVE Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

PAVE - Fund Manager Analysis

Managers

Nam To


Start Date

Tenure

Tenure Rank

Mar 01, 2018

3.25

3.3%

Nam To, CFA, joined Global X Management Company LLC in July 2017 as a Portfolio Management Analyst. Mr. To has been a Portfolio Manager of the Fund since March 1, 2018. Previously, Mr. To was a Global Economics Research Analyst at Bunge Limited from 2014 through 2017 and an Advisory and Investment Analyst at Horizon Capital Group from June 2013 through August 2013. Mr. To received his Bachelor of Arts in Philosophy and Economics from Cornell University in 2014.

Wayne Xie


Start Date

Tenure

Tenure Rank

Mar 01, 2019

2.25

2.3%

Wayne Xie joined the Global X Management Company LLC in July 2018 as a Portfolio Management Associate. Previously, Mr. Xie was an Analyst at VanEck Associates on the Equity ETF Investment Management team from 2010 to 2018 and a Portfolio Administrator at VanEck Associates from 2007 to 2010. Mr. Xie received his BS in Business Administration from State University of New York at Buffalo.

Kimberly Chan


Start Date

Tenure

Tenure Rank

Jun 10, 2019

1.98

2.0%

Kimberly Chan is a Portfolio Management Associate. Previously, Ms. Chan was a US Associate Trader at Credit Agricole from 2016 to 2018, and an Investment Analyst at MetLife Investments from 2015 to 2016. Ms. Chan received her Bachelor of Science from New York University in 2015.

John Belanger


Start Date

Tenure

Tenure Rank

Dec 31, 2020

0.41

0.4%

John Belanger, CFA, joined the Adviser in 2020. He currently holds the position of Senior Vice President, Head of Product Management, Head of Portfolio Management & Portfolio Administration and Chief Operating Officer with the Adviser. Mr. Belanger served as Chief Operating Officer of REX Shares, LLC from 2014-2018. Mr. Belanger graduated Rice University with a Bachelor of Arts in Mathematics and Philosophy in 2004 and graduated from the University of Texas School of Law in 2008.

Vanessa Yang


Start Date

Tenure

Tenure Rank

Dec 31, 2020

0.41

0.4%

Vanessa Yang, Portfolio Management Associate, joined the Adviser in 2016 as a Portfolio Administrator. She was appointed to the portfolio management team in June 2019. Previously, Ms. Yang was a Portfolio Administrator at VanEck Associates from 2011 to 2014. Ms. Yang received her MS in Financial Engineering from Drucker School of Management in 2010 and her BS in Economics from Guangdong University of Foreign Studies in 2008.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.15 17.18 6.08 7.08