Global X US Infrastructure Development ETF (PAVE) belongs to the Infrastructure Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PAVE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PAVE
PAVE charges 0.47% annually. There are 9 ETFs in the Infrastructure Equities category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Themes US Infrastructure ETF | 0.29% | 3.80M | Sep 2024 | PAVE vs HWAY | |
| iShares U.S. Infrastructure ETF | 0.30% | 4.55B | Apr 2018 | PAVE vs IFRA | |
| Alerian Energy Infrastructure ETF | 0.35% | 519.57M | Oct 2013 | PAVE vs ENFR | |
| Xtrackers US Green Infrastructure Select Equity ET... | 0.35% | 612.04K | Jul 2023 | PAVE vs UPGR | |
| iShares Global Infrastructure ETF | 0.39% | 10.93B | Dec 2007 | PAVE vs IGF |
Best Risk-Adjusted Alternatives to PAVE
PAVE has a PortfoliosLab risk / return rank of 61. There are 13 ETFs in the Infrastructure Equities category with higher risk-adjusted ranks, going as high as 81.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco SteelPath MLP & Energy Infrastructure ETF | 81 | 65.42M | Feb 2025 | PAVE vs PIPE | |
| First Trust North American Energy Infrastructure F... | 80 | 4.13B | Jun 2012 | PAVE vs EMLP | |
| Alerian Energy Infrastructure ETF | 76 | 519.57M | Oct 2013 | PAVE vs ENFR | |
| Bny Mellon Global Infrastructure Income ETF | 75 | 1.31B | Nov 2022 | PAVE vs BKGI | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 74 | 9.23M | May 2025 | PAVE vs USNG |
Top Performing PAVE Alternatives (YTD)
PAVE is at 20.61% YTD. There are 6 ETFs in the Infrastructure Equities category with higher YTD returns, going as high as 28.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco SteelPath MLP & Energy Infrastructure ETF | 28.11% | 65.42M | Feb 2025 | PAVE vs PIPE | |
| Alerian Energy Infrastructure ETF | 27.46% | 519.57M | Oct 2013 | PAVE vs ENFR | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | 26.71% | 231.17M | Oct 2015 | PAVE vs MLPB | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 25.88% | 9.23M | May 2025 | PAVE vs USNG | |
| Global X MLP & Energy Infrastructure ETF | 25.38% | 3.64B | Aug 2013 | PAVE vs MLPX |
Lowest Volatility Alternatives to PAVE
PAVE has 20.47% 1-year volatility. There are 28 ETFs in the Infrastructure Equities category with lower 1-year volatility, going as low as 10.32%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Infrastructure Active ETF | 10.32% | — | Jul 2025 | PAVE vs BILT | |
| First Trust North American Energy Infrastructure F... | 10.35% | 4.13B | Jun 2012 | PAVE vs EMLP | |
| FlexShares STOXX Global Broad Infrastructure Index... | 10.40% | 3.00B | Oct 2013 | PAVE vs NFRA | |
| ProShares DJ Brookfield Global Infrastructure ETF | 10.71% | 176.36M | Mar 2014 | PAVE vs TOLZ | |
| iShares Global Infrastructure ETF | 10.72% | 10.93B | Dec 2007 | PAVE vs IGF |
Lowest Drawdown Alternatives to PAVE
PAVE has a 1-year max drawdown of -11.91%. There are 19 ETFs in the Infrastructure Equities category with shallower 1-year drawdowns, going as shallow as -4.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust North American Energy Infrastructure F... | -4.94% | 4.13B | Jun 2012 | PAVE vs EMLP | |
| ProShares DJ Brookfield Global Infrastructure ETF | -5.18% | 176.36M | Mar 2014 | PAVE vs TOLZ | |
| iShares Infrastructure Active ETF | -5.38% | — | Jul 2025 | PAVE vs BILT | |
| iShares Global Infrastructure ETF | -5.87% | 10.93B | Dec 2007 | PAVE vs IGF | |
| SPDR S&P Global Infrastructure ETF | -5.94% | 941.89M | Jan 2007 | PAVE vs GII |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 14 categories. AUM among these funds goes as high as $10B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 87 | 8.73% | 8.09B | Dec 2013 | PAVE vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 16 | -0.33% | 7.00B | Sep 2023 | PAVE vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Artificial Intelligence, Technology Equities | 53 | 19.09% | 10.34B | May 2018 | PAVE vs AIQ | |
| Global X Uranium ETF | Uranium | 18 | -4.49% | 5.45B | Nov 2010 | PAVE vs URA | |
| Global X Copper Miners ETF | Copper | 76 | 10.92% | 7.34B | Apr 2010 | PAVE vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Artificial Intelligence, Robotics, Technology Equities | 19 | -0.78% | 3.31B | Sep 2016 | PAVE vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 42 | -9.13% | 3.96B | Apr 2010 | PAVE vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 94 | 8.63% | 3.24B | Jun 2013 | PAVE vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 78 | 32.24% | 2.30B | Oct 2020 | PAVE vs DTCR | |
| Global X SuperDividend ETF | Global Equities, Dividend | 66 | 8.49% | 1.21B | Jun 2011 | PAVE vs SDIV |
Often Compared With PAVE
Investors most often compare PAVE with XLI, AIRR, GRID. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare PAVE with Any Fund or Stock
Compare PAVE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PAVE with funds that move differently
Global X US Infrastructure Development ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PAVE.
Explore PAVE Diversifiers