FLIAX vs. PAVE
Compare and contrast key facts about First Sentier American Listed Infrastructure Fund (FLIAX) and Global X US Infrastructure Development ETF (PAVE).
FLIAX is managed by First Sentier Investors. It was launched on Dec 28, 2020. 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: FLIAX or PAVE.
Correlation
The correlation between FLIAX and PAVE is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FLIAX vs. PAVE - Performance Comparison
Key characteristics
FLIAX:
1.07
PAVE:
0.83
FLIAX:
1.46
PAVE:
1.29
FLIAX:
1.20
PAVE:
1.16
FLIAX:
0.55
PAVE:
1.27
FLIAX:
3.04
PAVE:
3.11
FLIAX:
4.85%
PAVE:
5.09%
FLIAX:
13.87%
PAVE:
19.12%
FLIAX:
-34.62%
PAVE:
-44.08%
FLIAX:
-14.73%
PAVE:
-8.15%
Returns By Period
In the year-to-date period, FLIAX achieves a 3.55% return, which is significantly lower than PAVE's 4.08% return.
FLIAX
3.55%
0.20%
-1.05%
14.75%
N/A
N/A
PAVE
4.08%
-1.94%
9.48%
17.19%
19.70%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FLIAX vs. PAVE - Expense Ratio Comparison
FLIAX has a 0.75% expense ratio, which is higher than PAVE's 0.47% expense ratio.
Risk-Adjusted Performance
FLIAX vs. PAVE — Risk-Adjusted Performance Rank
FLIAX
PAVE
FLIAX vs. PAVE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Sentier American Listed Infrastructure Fund (FLIAX) 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.
Dividends
FLIAX vs. PAVE - Dividend Comparison
FLIAX's dividend yield for the trailing twelve months is around 2.04%, more than PAVE's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FLIAX First Sentier American Listed Infrastructure Fund | 2.04% | 2.11% | 2.00% | 2.48% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% |
PAVE Global X US Infrastructure Development ETF | 0.52% | 0.54% | 0.68% | 0.84% | 0.48% | 0.44% | 0.67% | 0.78% | 0.30% |
Drawdowns
FLIAX vs. PAVE - Drawdown Comparison
The maximum FLIAX drawdown since its inception was -34.62%, smaller than the maximum PAVE drawdown of -44.08%. Use the drawdown chart below to compare losses from any high point for FLIAX and PAVE. For additional features, visit the drawdowns tool.
Volatility
FLIAX vs. PAVE - Volatility Comparison
The current volatility for First Sentier American Listed Infrastructure Fund (FLIAX) is 4.09%, while Global X US Infrastructure Development ETF (PAVE) has a volatility of 5.62%. This indicates that FLIAX 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.