Aging infrastructure is a prevalent concern around the world. Global infrastructure development is essential to support growing populations, cutting-edge technologies, and to address net-zero emissions targets.
With nearly 70% of the global population forecasted to reside in cities by 2050, governments will likely need to invest heavily in a wide range of infrastructure.1
IPAV seeks to capture infrastructure development trends by investing in companies outside of the U.S. that are part of the infrastructure theme, regardless of sector or industry classification.
1World Bank Group, Apr 2023
Key Information |
The Global X Infrastructure Development ex-U.S. ETF (IPAV) seeks to invest in companies that stand to benefit from a potential increase in infrastructure activity in international markets, including emerging and developed markets but excluding the United States. This includes companies that are involved in engineering and construction services, the production of infrastructure raw materials and composites, heavy construction equipment, infrastructure transportation, and smart grid components.
Trading Details |
Distributions |
Taxes |
NAV | Daily Change | |||
Market Price | Daily Change |
Fund NAV | Market Price | Index | |
---|---|---|---|
Options Details |
Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
---|---|---|---|---|---|
Exposure |
ETF Characteristics |
ETF Risk Stats |
Sector | Weight (%) | |
---|---|---|
Materials | 47.3 | |
Industrials | 43.1 | |
Communication Services | 5.0 | |
Energy | 3.7 | |
Utilities | 0.6 | |
Real Estate | 0.3 |
NAV | $25.10 | Daily Change | $0.09 | 0.36% |
Market Price | $25.19 | Daily Change | $0.00 | 0.00% |
Return on Equity | 8.90% | |
Weighted Avg. Market Cap | 23,421 M | |
2024 | 2025 | |
Price-to-earnings | 16.91 | 13.92 |
Price-to-book value | 1.27 | 1.20 |
Source: AltaVista Research, LLC
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|
4.44 | HEI GR | HEIDELBERG MATERIALS AG | 5120679 | 198.08 | 731 | 144,795.67 |
3.67 | DG FP | VINCI SA | B1XH026 | 139.37 | 859 | 119,715.13 |
3.52 | FER SM | FERROVIAL SE | BRS7CF0 | 48.74 | 2,355 | 114,791.86 |
3.38 | CLNX SM | CELLNEX TELECOM SA | BX90C05 | 40.51 | 2,723 | 110,319.11 |
3.12 | HOLN SW | HOLCIM LTD | 7110753 | 111.47 | 913 | 101,771.59 |
3.03 | 6301 JP | KOMATSU LTD | 6496584 | 28.75 | 3,438 | 98,844.91 |
3.02 | UTCEM IN | ULTRATECH CEMENT LTD | B01GZF6 | 137.79 | 716 | 98,657.51 |
2.94 | 5401 JP | NIPPON STEEL CORP | 6642569 | 21.10 | 4,549 | 95,993.34 |
2.87 | EPIA SS | EPIROC AB-A | BMD58R8 | 21.65 | 4,324 | 93,609.18 |
2.83 | TATA IN | TATA STEEL LTD | BPQWCZ3 | 1.66 | 55,695 | 92,346.23 |
Holdings are subject to change. "Cash" denotes U.S. dollars.
Fund NAV | Market Price | Index | |
---|---|---|---|
Year-to-Date | 4.73% | 5.69% | 4.86% |
1 Month | 2.55% | 2.92% | 2.52% |
3 Months | 4.73% | 5.69% | 4.86% |
Since Inception | -2.44% | -1.63% | -2.14% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.