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

Infrastructure | Exchange Traded Fund | Cboe US
56.23 USD -0.46 (-0.811%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★★☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 6:39 a.m. EDT

The long-term outlook remains robust, driven by a massive cumulative gain of nearly 208% over the last eight years and a consistent upward trajectory with no recent annual declines. Despite a trailing P/E of roughly 30, which suggests the market is pricing in continued growth, the underlying business quality appears sound enough to sustain this valuation. However, the short-term picture is clouded by recent weakness; the price has slipped below its 50-day moving average, and the last two months have seen a distinct drift lower. This technical deterioration tempers the bullish case, preventing a full 'buy' rating for the immediate future, though the structural trend remains firmly positive. The dividend yield of roughly 0.7% is negligible and offers no meaningful income cushion, serving primarily as a minor return component rather than a core investment driver.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.015463
MSTL0.023014
AutoETS0.027495
AutoARIMA0.027495

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 61%
H-stat 0.74
Ljung-Box p 0.000
Jarque-Bera p 0.339
Excess Kurtosis 0.09
Attribute Value
Trailing P/E 30.39

As of July 11, 2026, 6:39 a.m. EDT: Speculators are positioning for a moderate upside move, evidenced by heavy out-of-the-money call open interest at strikes above the current price (59 and 60 for July, 64 and 65 for August/September). While there is a significant put wall at lower strikes (49-52 for December expirations) suggesting a floor, the volume and open interest skew heavily toward calls, indicating a bullish bias for the near-to-intermediate term.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.18% 0.85% 0.71% 0.72%
Dividend History
Date Dividend Yield %
2026-06-29 0.103 0.175768
2025-12-30 0.328 0.678808
2025-06-27 0.110 0.251832
2024-12-30 0.139 0.343889
2024-06-27 0.080 0.216567
2023-12-28 0.156 0.450607
2023-06-29 0.080 0.256492
2022-12-29 0.141 0.528882
2022-06-29 0.081 0.356357
2021-12-30 0.099 0.346154
2021-06-29 0.040 0.156617
2020-12-30 0.055 0.260664
2020-06-29 0.038 0.252157
2019-12-30 0.054 0.304740
2019-06-27 0.065 0.403978
2018-12-28 0.105 0.787106
2017-12-28 0.051 0.302850
Additional Data
dividendYield 0.73

Info Dump

Attribute Value
All Time High 60.43
All Time Low 9.77
Ask 0.0
Ask Size 500
Average Daily Volume10 Day 1,950,600
Average Daily Volume3 Month 1,761,004
Average Volume 1,761,004
Average Volume10Days 1,950,600
Beta3 Year 1.24
Bid 55.5
Bid Size 500
Category Infrastructure
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 56.9
Day Low 56.08
Dividend Yield 0.73
Eps Trailing Twelve Months 1.8500096
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 56.9476
Fifty Day Average Change -0.7176018
Fifty Day Average Change Percent -0.012601089
Fifty Two Week Change Percent 26.41636
Fifty Two Week High 60.43
Fifty Two Week High Change -4.200001
Fifty Two Week High Change Percent -0.069501914
Fifty Two Week Low 43.865
Fifty Two Week Low Change 12.364998
Fifty Two Week Low Change Percent 0.28188756
Fifty Two Week Range 43.865 - 60.43
First Trade Date Milliseconds 1,488,983,400,000
Five Year Average Return 0.178239
Full Exchange Name Cboe US
Fund Family Global X Funds
Fund Inception Date 1,488,758,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to measure the performance of U.S. listed companies that provide exposure to domestic infrastructure development, including companies involved in construction and engineering; production of infrastructure raw materials, composites and products; industrial transportation; and producers/distributors of heavy construction equipment.
Long Name Global X U.S. Infrastructure Development ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_415556335
Nav Price 56.66
Net Assets 14,567,146,500.0
Net Expense Ratio 0.47
Open 56.61
Phone +1 8884938631
Pre Market Change -0.0025024414
Pre Market Change Percent -0.0044511585
Pre Market Price 56.2175
Pre Market Time 1,784,031,008
Previous Close 56.69
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.459999
Regular Market Change Percent -0.811429
Regular Market Day High 56.9
Regular Market Day Low 56.08
Regular Market Day Range 56.08 - 56.9
Regular Market Open 56.61
Regular Market Previous Close 56.69
Regular Market Price 56.23
Regular Market Time 1,783,972,800
Regular Market Volume 1,326,173
Short Name Global X U.S. Infrastructure De
Source Interval 15
Symbol PAVE
Three Year Average Return 0.2162706
Total Assets 14,567,146,496
Tradeable 0
Trailing P E 30.394438
Trailing Peg Ratio None
Trailing Three Month Nav Returns 16.08569
Trailing Three Month Returns 16.08569
Triggerable 1
Two Hundred Day Average 52.081123
Two Hundred Day Average Change 4.148876
Two Hundred Day Average Change Percent 0.0796618
Type Disp ETF
Volume 1,326,173
Yield 0.0073
Ytd Return 23.47318