Global X U.S. Infrastructure Development ETF holds more than 100 companies. The largest positions include:
- Howmet Aerospace (HWM -1.08%): 4.12%
- Fastenal (FAST -0.06%): 3.64%
- United Rentals (URI -0.47%): 3.43%
- Parker Hannifin (PH -0.41%): 3.22%
- CRH (CRH -1.45%): 3.17%
- Quanta Services (PWR -1.39%): 3.15%
- Norfolk Southern (NSC +0.05%): 3.04%
- Trane Technologies (TT -0.77%): 2.98%
- Emerson Electric (EMR -0.88%): 2.92%
- Deere & Company (DE +0.38%): 2.84%
Should you invest in Global X U.S. Infrastructure Development ETF (PAVE)?
Whether Global X U.S. Infrastructure Development ETF makes sense in your portfolio depends on your goals with infrastructure investing. If your goal is to own tollbooth-style operators of infrastructure, like utilities, pipeline companies, or airport operators, this ETF is less ideal since it's geared toward the growth side of the theme.
Conversely, if you anticipate an uptick in infrastructure spending, Global X U.S. Infrastructure Development ETF's cyclical tilt could be attractive as a long-term investment. With its focus on construction, engineering, raw materials, and heavy equipment, the fund is positioned to benefit more directly from projects tied to infrastructure development and revitalization.
Does Global X U.S. Infrastructure Development ETF (PAVE) pay a dividend?
Yes, but the yield is modest. Global X U.S. Infrastructure Development ETF has a 30-day Securities and Exchange Commission (SEC) yield of 0.57% and pays dividends semiannually. If your main objective is income, you may want to consider a more yield-focused infrastructure ETF that distributes quarterly or monthly.
What is Global X U.S. Infrastructure Development ETF (PAVE)'s expense ratio?
Global X U.S. Infrastructure Development ETF's expense ratio is 0.47%, which works out to $47 annually for every $10,000 invested. That figure is fairly typical for a thematic ETF. It is not paid upfront, but rather is deducted from the fund's assets and reflected in its net returns.
