Global X US Infrastructure Development ETF (PAVE)
PAVE is a passive ETF by Global X tracking the investment results of the INDXX U.S. Infrastructure Development Index. PAVE launched on Mar 6, 2017 and has a 0.47% expense ratio.
ETF Info
| ISIN | US37954Y6730 |
|---|---|
| CUSIP | 37954Y673 |
| Issuer | Global X |
| Inception Date | Mar 6, 2017 |
| Region | North America (U.S.) |
| Category | Utilities Equities |
| Index Tracked | INDXX U.S. Infrastructure Development Index |
| Home Page | www.globalxetfs.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The Global X US Infrastructure Development ETF has a high expense ratio of 0.47%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Global X US Infrastructure Development ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Global X US Infrastructure Development ETF had a return of 9.95% year-to-date (YTD) and 37.71% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.95% | 6.30% |
| 1 month | -3.76% | -3.13% |
| 6 months | 32.38% | 19.37% |
| 1 year | 37.71% | 22.56% |
| 5 years (annualized) | 19.24% | 11.65% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.41% | 9.91% | 5.54% | |||||||||
| 2023 | -5.86% | -5.20% | 9.34% | 9.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Global X US Infrastructure Development ETF(PAVE)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X US Infrastructure Development ETF (PAVE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Global X US Infrastructure Development ETF granted a 0.62% dividend yield in the last twelve months. The annual payout for that period amounted to $0.24 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.24 | $0.22 | $0.14 | $0.09 | $0.12 | $0.11 | $0.05 |
Dividend yield | 0.62% | 0.68% | 0.84% | 0.48% | 0.44% | 0.67% | 0.78% | 0.30% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X US Infrastructure Development ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 |
| 2017 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X US Infrastructure Development ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X US Infrastructure Development ETF was 44.08%, occurring on Mar 23, 2020. Recovery took 138 trading sessions.
The current Global X US Infrastructure Development ETF drawdown is 4.82%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.08% | Feb 6, 2020 | 32 | Mar 23, 2020 | 138 | Oct 7, 2020 | 170 |
| -27.82% | Jan 29, 2018 | 229 | Dec 24, 2018 | 233 | Nov 26, 2019 | 462 |
| -22.61% | Jan 5, 2022 | 117 | Jun 23, 2022 | 152 | Jan 31, 2023 | 269 |
| -13.34% | Sep 5, 2023 | 39 | Oct 27, 2023 | 32 | Dec 13, 2023 | 71 |
| -11.65% | Mar 6, 2023 | 10 | Mar 17, 2023 | 62 | Jun 15, 2023 | 72 |
Volatility
Volatility Chart
The current Global X US Infrastructure Development ETF volatility is 3.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.