Global X U.S. Infrastructure Development ETF
U.S. stock index ETF · tracks Indxx U.S. Infrastructure Development Index
As of its 2026 Q2 report, Global X U.S. Infrastructure Development ETF held 101 positions with $13.54B in net assets. Its ten largest holdings made up 32.3% of the fund. The PAVE share class costs 0.47% a year. Over the 12 months to May 2026, PAVE returned 36.9%, with dividends reinvested. In 2026 Q2 it added no new positions and exited none.
The Global X U.S. Infrastructure Development ETF ("Fund") seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx U.S. Infrastructure Development Index ("Underlying Index").
The fund tracks the Indxx U.S. Infrastructure Development Index using a replication strategy, holding securities in approximately the same proportions as the index. The index selects U.S.-listed companies deriving significant revenue from construction and engineering services, raw materials and composites, products and equipment, or industrial transportation, and requiring greater than 50% of revenues from the United States. Because the fund may use representative sampling when replication is impractical or costly, its performance may diverge from the index. The fund is concentrated in industrials and materials companies to the same extent as the underlying index.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
QUANTA SERVICES, INC. | 4.18% | $566.04M | 795.3K | $711.73 |
3.48% | $471.60M | 10.4M | $45.26 | |
3.30% | $447.11M | 1.1M | $400.60 | |
3.27% | $442.27M | 1.7M | $258.25 | |
3.19% | $431.28M | 955.6K | $451.30 | |
3.12% | $422.34M | 1.6M | $262.64 | |
3.10% | $419.70M | 1.7M | $250.00 | |
2.92% | $395.38M | 876.6K | $451.06 | |
2.90% | $392.85M | 1.3M | $304.96 | |
2.87% | $388.28M | 390.0K | $995.67 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
All 101 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.94% |
| Cash & short-term | 0.09% |
By sector
- Industrials
- 73.9%
- Materials
- 20.3%
- Utilities
- 3.1%
- Information Technology
- 1.1%
- 3 other sectors
- 1.6%
- Industrials
- 73.9%
- Materials
- 20.3%
- Utilities
- 3.1%
- Information Technology
- 1.1%
- Other
- 0.8%
- Consumer Discretionary
- 0.6%
- Cash
- 0.1%
How it has done
PAVE share class · total returns with dividends reinvested
Volatility over the last 12 months: 17.61%. Past returns are a record, not a forecast.
Fees & fund details
Global X U.S. Infrastructure Development ETF is a U.S. equity index ETF that tracks the Indxx U.S. Infrastructure Development Index. 4% of PAVE’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 90% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.47%· PAVE 0.47%
- Portfolio turnover
- 9.98% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
0 new
0 exited
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