PAVE vs. DTCR
PAVE (Global X US Infrastructure Development ETF) and DTCR (Global X Data Center & Digital Infrastructure ETF) are both exchange-traded funds - PAVE is a Industrials Equities fund tracking the INDXX U.S. Infrastructure Development Index, while DTCR is a REIT fund tracking the Solactive Data Center REITs & Digital Infrastructure Index. Both are passively managed. Over the past 5 years, PAVE returned 18.54%/yr vs 14.30%/yr for DTCR. A 0.55 correlation means they provide meaningful diversification when combined. PAVE charges 0.47%/yr vs 0.50%/yr for DTCR.
Performance
PAVE vs. DTCR - Performance Comparison
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Returns By Period
In the year-to-date period, PAVE achieves a 22.22% return, which is significantly lower than DTCR's 47.11% return.
PAVE
- 1D
- 1.04%
- 1M
- 6.32%
- YTD
- 22.22%
- 6M
- 19.45%
- 1Y
- 36.66%
- 3Y*
- 25.73%
- 5Y*
- 18.54%
- 10Y*
- —
DTCR
- 1D
- -1.40%
- 1M
- 1.87%
- YTD
- 47.11%
- 6M
- 48.06%
- 1Y
- 67.40%
- 3Y*
- 34.83%
- 5Y*
- 14.30%
- 10Y*
- —
PAVE vs. DTCR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PAVE Global X US Infrastructure Development ETF | 22.22% | 19.36% | 17.92% | 31.01% | -7.17% | 36.42% | 24.73% |
DTCR Global X Data Center & Digital Infrastructure ETF | 47.11% | 28.99% | 14.92% | 18.93% | -30.89% | 20.35% | 6.60% |
Correlation
The correlation between PAVE and DTCR is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020 | 0.55 |
The correlation between PAVE and DTCR has been stable across timeframes, ranging from 0.53 to 0.61 - a consistent structural relationship.
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Return for Risk
PAVE vs. DTCR — Risk / Return Rank
PAVE
DTCR
PAVE vs. DTCR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X US Infrastructure Development ETF (PAVE) and Global X Data Center & Digital Infrastructure ETF (DTCR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PAVE | DTCR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.47 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 5.25 | -2.16 |
| Martin ratioReturn relative to average drawdown | 11.23 | 16.15 | -4.91 |
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Drawdowns
PAVE vs. DTCR - Drawdown Comparison
The maximum PAVE drawdown since its inception was -44.08%, which is greater than DTCR's maximum drawdown of -38.98%. Use the drawdown chart below to compare losses from any high point for PAVE and DTCR.
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Drawdown Indicators
| PAVE | DTCR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.08% | -38.98% | -5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -11.91% | -12.89% | +0.98% |
Max Drawdown (3Y)Largest decline over 3 years | -26.23% | -24.96% | -1.27% |
Max Drawdown (5Y)Largest decline over 5 years | -26.23% | -38.98% | +12.75% |
Current DrawdownCurrent decline from peak | -1.40% | -4.37% | +2.97% |
Average DrawdownAverage peak-to-trough decline | -6.21% | -12.27% | +6.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.27% | 4.19% | -0.92% |
Volatility
PAVE vs. DTCR - Volatility Comparison
The current volatility for Global X US Infrastructure Development ETF (PAVE) is 7.04%, while Global X Data Center & Digital Infrastructure ETF (DTCR) has a volatility of 9.83%. This indicates that PAVE experiences smaller price fluctuations and is considered to be less risky than DTCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAVE | DTCR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.04% | 9.83% | -2.79% |
Volatility (6M)Calculated over the trailing 6-month period | 15.92% | 18.53% | -2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.60% | 23.31% | -3.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.66% | 22.16% | -0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.39% | 22.10% | +2.29% |
PAVE vs. DTCR - Expense Ratio Comparison
PAVE has a 0.47% expense ratio, which is lower than DTCR's 0.50% expense ratio.
Dividends
PAVE vs. DTCR - Dividend Comparison
PAVE's dividend yield for the trailing twelve months is around 0.75%, which matches DTCR's 0.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DTCR Global X Data Center & Digital Infrastructure ETF | 0.75% | 1.10% | 1.72% | 1.18% | 2.57% | 1.27% | 0.30% | 0.00% | 0.00% | 0.00% |
PAVE Global X US Infrastructure Development ETF | 0.75% | 0.92% | 0.54% | 0.68% | 0.84% | 0.48% | 0.44% | 0.67% | 0.78% | 0.30% |
Frequently Asked Questions
PAVE and DTCR have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DTCR has higher volatility (9.83%) compared to PAVE (7.04%). In terms of maximum drawdown, PAVE dropped -44.08% vs DTCR's -38.98%.
On 5-year performance, PAVE leads with 18.54% vs 14.30% for DTCR. On fees, PAVE is cheaper at 0.47% per year. On volatility, PAVE has been the lower-risk option at 7.04%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, PAVE has performed better with a 18.54% return vs 14.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PAVE is cheaper with a 0.47% expense ratio, compared with 0.50% for DTCR.
PAVE and DTCR have nearly identical dividend yields, around 0.75%.
PAVE is categorized as Industrials Equities, while DTCR is REIT. PAVE tracks INDXX U.S. Infrastructure Development Index, while DTCR tracks Solactive Data Center REITs & Digital Infrastructure Index. Their fees differ too: 0.47% for PAVE and 0.50% for DTCR.
DTCR currently has the higher Sharpe Ratio (2.92 vs 1.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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