NYSX vs. PAVE

Last updated Jun 5, 2026

NYSX (Global X NYSE 100 ETF) and PAVE (Global X US Infrastructure Development ETF) are both exchange-traded funds - NYSX is a Large Cap Growth Equities fund tracking the NYSE 100 Index, while PAVE is a Industrials Equities fund tracking the INDXX U.S. Infrastructure Development Index. Both are passively managed. At a 0.43 correlation, their price movements are largely independent. NYSX charges 0.09%/yr vs 0.47%/yr for PAVE.

Performance

NYSX vs. PAVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X NYSE 100 ETF (NYSX) and Global X US Infrastructure Development ETF (PAVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NYSX

• 1D: -0.36%
• 1M: 11.23%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PAVE

• 1D: 0.56%
• 1M: 0.42%
• YTD: 20.55%
• 6M: 19.00%
• 1Y: 37.89%
• 3Y*: 27.31%
• 5Y*: 17.52%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NYSX vs. PAVE - Yearly Performance Comparison

	2026 (YTD)
NYSX Global X NYSE 100 ETF	34.86%
PAVE Global X US Infrastructure Development ETF	14.88%

Correlation

The correlation between NYSX and PAVE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 27, 2026	0.43

Return for Risk

NYSX vs. PAVE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PAVE

PAVE Risk / Return Rank: 62
PAVE Sharpe Ratio Rank: 62
PAVE Sortino Ratio Rank: 63
PAVE Omega Ratio Rank: 56
PAVE Calmar Ratio Rank: 65
PAVE Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NYSX vs. PAVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NYSE 100 ETF (NYSX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	NYSX	PAVE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.02	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	17.95	0.68	+17.27

Drawdowns

NYSX vs. PAVE - Drawdown Comparison

The maximum NYSX drawdown since its inception was -3.46%, smaller than the maximum PAVE drawdown of -44.08%. Use the drawdown chart below to compare losses from any high point for NYSX and PAVE.

Drawdown Indicators

	NYSX	PAVE	Difference
Max Drawdown Largest peak-to-trough decline	-3.46%	-44.08%	+40.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.91%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.23%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.23%	—
Current Drawdown Current decline from peak	-1.37%	-1.27%	-0.10%
Average Drawdown Average peak-to-trough decline	-0.52%	-6.24%	+5.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.24%	—

Volatility

Volatility by Period

	NYSX	PAVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.44%	18.80%	+2.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.44%	21.60%	-0.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.44%	24.38%	-2.94%

NYSX vs. PAVE - Expense Ratio Comparison

NYSX has a 0.09% expense ratio, which is lower than PAVE's 0.47% expense ratio.

Dividends

NYSX vs. PAVE - Dividend Comparison

NYSX has not paid dividends to shareholders, while PAVE's dividend yield for the trailing twelve months is around 0.76%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
NYSX Global X NYSE 100 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PAVE Global X US Infrastructure Development ETF	0.76%	0.92%	0.54%	0.68%	0.84%	0.48%	0.44%	0.67%	0.78%	0.30%

Frequently Asked Questions

Can I hold both NYSX and PAVE in my portfolio?

NYSX and PAVE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NYSX or PAVE?

On fees, NYSX is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NYSX or PAVE?

NYSX is cheaper with a 0.09% expense ratio, compared with 0.47% for PAVE.

Which ETF pays a higher dividend yield, NYSX or PAVE?

PAVE has the higher dividend yield at 0.76%, compared with 0.00% for NYSX.

What is the main difference between NYSX and PAVE?

NYSX is categorized as Large Cap Growth Equities, while PAVE is Industrials Equities. NYSX tracks NYSE 100 Index, while PAVE tracks INDXX U.S. Infrastructure Development Index. Their fees differ too: 0.09% for NYSX and 0.47% for PAVE.