Correlation
The correlation between AIFRX and PAVE is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
AIFRX vs. PAVE
Compare and contrast key facts about abrdn Global Infrastructure Fund (AIFRX) and Global X US Infrastructure Development ETF (PAVE).
AIFRX is managed by Aberdeen. It was launched on Nov 2, 2008. PAVE is a passively managed fund by Global X that tracks the performance of the INDXX U.S. Infrastructure Development Index. It was launched on Mar 6, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIFRX or PAVE.
Performance
AIFRX vs. PAVE - Performance Comparison
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Key characteristics
AIFRX:
1.25
PAVE:
0.35
AIFRX:
1.66
PAVE:
0.65
AIFRX:
1.23
PAVE:
1.08
AIFRX:
1.88
PAVE:
0.31
AIFRX:
4.74
PAVE:
0.85
AIFRX:
3.46%
PAVE:
9.50%
AIFRX:
13.46%
PAVE:
24.93%
AIFRX:
-38.38%
PAVE:
-44.08%
AIFRX:
-0.35%
PAVE:
-9.36%
Returns By Period
In the year-to-date period, AIFRX achieves a 17.04% return, which is significantly higher than PAVE's 2.72% return.
AIFRX
17.04%
3.24%
10.62%
16.59%
7.77%
11.03%
7.10%
PAVE
2.72%
8.16%
-8.92%
8.65%
17.98%
23.86%
N/A
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AIFRX vs. PAVE - Expense Ratio Comparison
AIFRX has a 0.99% expense ratio, which is higher than PAVE's 0.47% expense ratio.
Risk-Adjusted Performance
AIFRX vs. PAVE — Risk-Adjusted Performance Rank
AIFRX
PAVE
AIFRX vs. PAVE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Global Infrastructure Fund (AIFRX) and Global X US Infrastructure Development ETF (PAVE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
AIFRX vs. PAVE - Dividend Comparison
AIFRX's dividend yield for the trailing twelve months is around 7.00%, more than PAVE's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIFRX abrdn Global Infrastructure Fund | 7.00% | 8.12% | 3.46% | 4.86% | 4.23% | 3.45% | 4.01% | 3.96% | 3.98% | 4.37% | 4.55% | 4.66% |
PAVE Global X US Infrastructure Development ETF | 0.53% | 0.54% | 0.68% | 0.84% | 0.48% | 0.44% | 0.67% | 0.78% | 0.30% | 0.00% | 0.00% | 0.00% |
Drawdowns
AIFRX vs. PAVE - Drawdown Comparison
The maximum AIFRX drawdown since its inception was -38.38%, smaller than the maximum PAVE drawdown of -44.08%. Use the drawdown chart below to compare losses from any high point for AIFRX and PAVE.
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Volatility
AIFRX vs. PAVE - Volatility Comparison
The current volatility for abrdn Global Infrastructure Fund (AIFRX) is 2.97%, while Global X US Infrastructure Development ETF (PAVE) has a volatility of 5.80%. This indicates that AIFRX experiences smaller price fluctuations and is considered to be less risky than PAVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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