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As of September 27, 2026, Global X U.S. Infrastructure Development ETF (PAVE) trades at $53.47. RSI at 35 is in neutral territory, and the price is below its 50-day average of $55.82.

Global X U.S. Infrastructure Development ETF (PAVE)

Global X U.S. Infrastructure Development ETF CBOE

$53.47 0.4000 (0.75%)
At close: Sep 25, 4:00 PM EDT
AI Analyst Consensus
Sell
35 / 100
Global X U.S. Infrastructure Development ETF (PAVE) is an exchange-traded fund focused on U.S. companies engaged in infrastructure development. The fund tracks the Indxx U.S. Infrastructure Development Index, providing exposure to sectors such as construction, industrial transportation, and materials. PAVE's strategy aims to capture growth from domestic infrastructure modernization efforts. The ETF's assets under management stand at $13.50 billion, with a net asset value of $54.12 per share. Its year-to-date return is 14.69%, slightly underperforming its category's 14.85%.

PAVE Price Analysis

Market Metrics

Open
$53.33
Day Range
$53.04 to $53.64
Prev Close
$53.07
Volume
1.56M
52-Week Range
$45.44 to $60.43

PAVE Fund Facts

Global X U.S. Infrastructure Development ETF is an exchange-traded fund designed to provide diversified exposure to U.S. companies involved in infrastructure development. The fund focuses on businesses active in construction and engineering, industrial transportation, infrastructure materials, and heavy construction equipment, giving investors access to the industries that support roads, utilities, logistics networks, and broader modernization activity.

Issuer
Global X Funds
Category
Infrastructure
Inception
Mar 6, 2017
Expense ratio
0.47%
Net assets
$13.50B
NAV
$54.12
Distribution yield
0.79%
YTD return
14.69%
Turnover
9.98%

Sector weights

Utilities 3.6%
Technology 2.6%
Industrials 74.2%
Basic Materials 19.7%

Trailing returns vs category

Period PAVE Category
YTD 14.69% 14.85%
1 month -2.88% 5.83%
3 months -2.71% 9.30%
1 year 18.65% 28.63%
3 years 20.08% 14.37%
5 years 15.80% 9.66%
10 years N/A 8.96%

Fund reference data as of Sep 27, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.

PAVE Analysis

AI Technical Analysis Sell
At 34.83, PAVE's RSI is in bearish territory, indicating negative momentum. The ETF is trading below its 20-day, 50-day, and 200-day simple moving averages, with values of $53.96, $55.82, and $54.26 respectively. This price action suggests a downtrend. The MACD is at -0.80, further reinforcing the bearish sentiment. The current price of $53.47 is below all key short-term and long-term moving averages, signaling weakness.
ProTips
  • Consider the high concentration in the Industrials sector as a key risk factor.
  • Monitor U.S. infrastructure spending policies and their potential impact on the fund.
  • The current bearish technical trend suggests caution for short-term entry.
  • Compare PAVE's performance against its category and benchmark for a comprehensive view.
Market Outlook
The outlook for PAVE is currently bearish, driven by its negative technical indicators. Trading below key moving averages and exhibiting bearish RSI momentum suggests potential for further price declines in the short to medium term. The fund's heavy concentration in the Industrials sector makes it susceptible to sector-specific headwinds. However, long-term infrastructure spending initiatives could provide a tailwind if they materialize as expected. Investors should monitor infrastructure spending policies and the health of the industrials sector.

Market Correlations

How this etf moves relative to other assets

Based on 1 year of daily price data. Correlations may vary over different time periods.

S&P 500 (SPY) +0.81
Strong correlation
Nasdaq 100 (QQQ) +0.74
Strong correlation
Bitcoin (BTC) +0.26
Weak correlation
Gold (XAU) +0.17
Weak correlation
Check Custom Correlation

How does any other asset move with PAVE? One year of daily closes, Pearson correlation.

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Key Statistics

Yield 0.81%
Day High $53.64
Day Low $53.04
52 Week High 60.43
52 Week Low 45.44
PAVE holds approximately 99.94% in stocks, with a significant concentration in the Industrials sector at 74.20%. Basic Materials represent another substantial portion at 19.70%, followed by Utilities (3.55%) and Technology (2.56%). This concentration in industrials and materials highlights the fund's direct exposure to the U.S. infrastructure development theme. The fund's expense ratio is 0.47%, costing $47.00 per $10,000 invested. The dividend yield is 0.81%.

Earnings & Growth Analysis

Its underlying holdings in the industrials and materials sectors are influenced by the broader economic environment and government spending on infrastructure. Positive trends in infrastructure spending and construction activity would generally support the earnings of these companies. The ETF's focus on development suggests it benefits from projects aimed at upgrading and expanding U.S. infrastructure, which can translate to revenue and profit growth for its constituents.

Key Risks

PAVE faces concentration risk due to its heavy weighting in the Industrials sector (74.20%). A downturn in this specific sector could disproportionately impact the ETF's performance. Also, its performance is closely tied to U.S. infrastructure spending policies and economic cycles, making it vulnerable to shifts in government funding or broader economic slowdowns. The ETF is also trading below key moving averages, indicating potential for further downside.

Technical Indicators i

RSI (14) 34.83
MACD -0.80
SMA 50 55.82
SMA 200 54.26
Technical Rating Bearish
RSI
Bearish
SMA Cross
Bullish
Price vs SMA
Bearish
MACD
Bearish
Golden Cross in effect with the 50-day SMA ($55.82) above the 200-day SMA ($54.26), price is trading below the 50-day SMA.

PAVE Trade Plans

Specific entry, exit, and risk management levels

Select Your Trade Bias
Risk Tolerance
Conservative 2% Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →

Short entry pick an entry style

Conservative
$54.54
2% above current price
Lower risk, wait for rally
Aggressive
$53.47
Short at current price
Higher risk, chasing the move

Risk Management

STOP LOSS
$56.18
MAX LOSS
-3.0%
Volatility-Adjusted Stop Loss
Calculated based on RSI (34.8) and current market volatility

Profit Targets (Based on Conservative Entry)

TARGET 1
$51.81
-5% (Conservative)
-3.1% (Aggressive)
TARGET 2
$49.09
-10% (Conservative)
-8.2% (Aggressive)
TARGET 3
$46.36
-15% (Conservative)
-13.3% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
ETF Investment Disclaimer
This AI-generated analysis of PAVE is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on September 27, 2026.

Growth of $10,000

A $10,000 investment in PAVE in March 2017 would be worth about $36,251 today, compared with about $32,607 for the same investment in the S&P 500 benchmark.

Compare with Another Ticker

Monte Carlo Projection (10yr)

CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in PAVE today could grow to about $27,525 by 2036 in the base case, with a bull case near $73,872 and a bear case around $10,256. Projections are statistical simulations, not guarantees.

PAVE ETF Price Prediction: 2030

CleaRank's simulation projects a price near $80.17 for PAVE by 2030 in the base case, from $53.47 today (1.5x over 4 years). The downside path ends near $42.94. These are outcomes of a Monte Carlo simulation run on PAVE's historical return distribution, not price targets, and they assume no dividends are reinvested.

PAVE simulated price paths by year
Year Downside (10th pct) Base case Upside (90th pct)
2027 $43.30 $59.17 $80.85
2028 $42.10 $65.47 $102
2029 $42.19 $72.45 $124
2030 $42.94 $80.17 $150
2031 $44.14 $88.71 $178
2032 $45.69 $98.16 $211
2033 $47.55 $109 $248
2034 $49.70 $120 $291
2035 $52.13 $133 $339
2036 $54.84 $147 $395

Method: 10,000 simulated price paths using PAVE's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.

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Frequently Asked Questions

What is the expense ratio for the Global X U.S. Infrastructure Development ETF (PAVE)?
The expense ratio for PAVE is 0.47%, which translates to a cost of $47.00 per $10,000 invested annually. This fee covers the fund's management and operational costs.
What sectors does PAVE concentrate its holdings in?
PAVE is heavily concentrated in the Industrials sector, holding approximately 74.20% of its assets. It also has significant exposure to Basic Materials (19.70%), with smaller allocations to Utilities (3.55%) and Technology (2.56%).
What is the distribution yield for PAVE?
PAVE offers a distribution yield of 0.81%.
How has PAVE performed against its category over the past year?
Over the past year, PAVE returned 18.65%, while its category returned 28.63%, indicating underperformance relative to its peers.
What are the key technical levels for PAVE?
PAVE is currently trading below its 20-day ($53.96), 50-day ($55.82), and 200-day ($54.26) moving averages, signaling bearish momentum. Its RSI is at 34.83, which is considered bearish.
What is the PAVE ETF price prediction for 2030?
Based on a Monte Carlo simulation, the projected base price for PAVE in 2030 is $80.17. The simulation also indicates a downside price of $42.94 and an upside price of $149.68. These figures represent statistical outcomes and are not price targets or guarantees.
What is the insider and institutional activity for PAVE?
Data on insider and institutional activity for PAVE is not provided in the current dataset.
What is the fund's YTD return compared to its category?
PAVE has a year-to-date return of 14.69%, slightly underperforming its category's return of 14.85%.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The ETF analysis and AI-generated insights presented for PAVE are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. ETFs are subject to market risk, including the possible loss of principal. ETF performance depends on the underlying index or assets it tracks, and past performance does not guarantee future results. Expense ratios, tracking error, and liquidity vary by fund. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. Market data is provided "as-is" and may be delayed by 15 minutes or more. Investors should read the fund prospectus carefully before investing. Consult a qualified financial advisor for personalized guidance. Analysis generated on September 27, 2026.

Disclaimer:

Engaging in financial markets carries significant risk of total capital loss. Markets are volatile, unpredictable, and past success does not guarantee future results. Never invest funds you cannot afford to lose. CleaRank does not offer financial, investment, or advisory services. We provide no recommendations, endorsements, or guarantees regarding market outcomes. You alone are responsible for your decisions.

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