Global X Infrastructure Development ex-U.S. ETF (IPAV) belongs to the Industrials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IPAV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IPAV
IPAV charges 0.55% annually. There are 22 ETFs in the Industrials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Industrial Select Sector SPDR Fund | 0.08% | 32.51B | Dec 1998 | IPAV vs XLI | |
| Fidelity MSCI Industrials Index ETF | 0.08% | 2.10B | Oct 2013 | IPAV vs FIDU | |
| Vanguard Industrials ETF | 0.09% | 8.40B | Sep 2004 | IPAV vs VIS | |
| Invesco S&P SmallCap Industrials ETF | 0.29% | 187.33M | Apr 2010 | IPAV vs PSCI | |
| Themes US Infrastructure ETF | 0.29% | 3.50M | Sep 2024 | IPAV vs HWAY |
Best Risk-Adjusted Alternatives to IPAV
IPAV has a PortfoliosLab risk / return rank of 51. There are 16 ETFs in the Industrials Equities category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Kensho Final Frontiers ETF | 86 | 245.14M | Oct 2018 | IPAV vs ROKT | |
| iShares U.S. Manufacturing ETF | 81 | 59.67M | Jul 2024 | IPAV vs MADE | |
| Invesco DWA Industrials Momentum ETF | 79 | 472.08M | Oct 2006 | IPAV vs PRN | |
| First Trust Alerian U.S. NextGen Infrastructure ET... | 75 | 35.89M | Oct 2008 | IPAV vs RBLD | |
| Themes US Infrastructure ETF | 75 | 3.50M | Sep 2024 | IPAV vs HWAY |
Top Performing IPAV Alternatives (YTD)
IPAV is at 14.68% YTD. There are 18 ETFs in the Industrials Equities category with higher YTD returns, going as high as 50.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco DWA Industrials Momentum ETF | 50.44% | 472.08M | Oct 2006 | IPAV vs PRN | |
| AdvisorShares HVAC and Industrials ETF | 39.55% | 13.43M | Feb 2025 | IPAV vs HVAC | |
| SPDR S&P Kensho Final Frontiers ETF | 35.59% | 245.14M | Oct 2018 | IPAV vs ROKT | |
| Themes US Infrastructure ETF | 27.05% | 3.50M | Sep 2024 | IPAV vs HWAY | |
| iShares U.S. Manufacturing ETF | 27.00% | 59.67M | Jul 2024 | IPAV vs MADE |
Lowest Volatility Alternatives to IPAV
IPAV has 17.75% 1-year volatility. There are 18 ETFs in the Industrials Equities category with lower 1-year volatility, going as low as 10.40%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares DJ Brookfield Global Infrastructure ETF | 10.40% | 174.09M | Mar 2014 | IPAV vs TOLZ | |
| iShares Global Infrastructure ETF | 10.58% | 10.84B | Dec 2007 | IPAV vs IGF | |
| Russell Investments Global Infrastructure ETF | 10.66% | — | May 2025 | IPAV vs RIFR | |
| State Street Industrial Select Sector SPDR Premium... | 12.12% | 6.95M | Jul 2025 | IPAV vs XLII | |
| VanEck Vectors Environmental Services ETF | 13.75% | 98.24M | Oct 2006 | IPAV vs EVX |
Lowest Drawdown Alternatives to IPAV
IPAV has a 1-year max drawdown of -14.59%. There are 24 ETFs in the Industrials Equities category with shallower 1-year drawdowns, going as shallow as -5.18%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares DJ Brookfield Global Infrastructure ETF | -5.18% | 174.09M | Mar 2014 | IPAV vs TOLZ | |
| iShares Global Infrastructure ETF | -5.87% | 10.84B | Dec 2007 | IPAV vs IGF | |
| Russell Investments Global Infrastructure ETF | -6.80% | — | May 2025 | IPAV vs RIFR | |
| First Trust Alerian U.S. NextGen Infrastructure ET... | -7.19% | 35.89M | Oct 2008 | IPAV vs RBLD | |
| iShares U.S. Infrastructure ETF | -8.40% | 4.26B | Apr 2018 | IPAV vs IFRA |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 12 categories. AUM among these funds goes as high as $14B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 91 | 10.06% | 8.44B | Dec 2013 | IPAV vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 10 | -6.48% | 7.43B | Sep 2023 | IPAV vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 72 | 31.91% | 11.08B | May 2018 | IPAV vs AIQ | |
| Global X Uranium ETF | Uranium | 21 | 9.52% | 6.64B | Nov 2010 | IPAV vs URA | |
| Global X Copper Miners ETF | Copper | 70 | 18.25% | 8.06B | Apr 2010 | IPAV vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 30 | 5.80% | 3.54B | Sep 2016 | IPAV vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 40 | -0.54% | 4.57B | Apr 2010 | IPAV vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 84 | 5.47% | 3.19B | Jun 2013 | IPAV vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 92 | 53.84% | 2.37B | Oct 2020 | IPAV vs DTCR | |
| Global X US Infrastructure Development ETF | Industrials Equities | 69 | 23.96% | 14.28B | Mar 2017 | IPAV vs PAVE |
Often Compared With IPAV
Investors most often compare IPAV with UGA, SDIV, ORBX. These 18 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare IPAV with Any Fund or Stock
Compare IPAV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IPAV with funds that move differently
Global X Infrastructure Development ex-U.S. ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IPAV.
Explore IPAV Diversifiers