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

Infrastructure | Exchange Traded Fund | Cboe US
55.06 USD +1.23 (2.285%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 55.00 -0.06 (-0.060%) ⇩ (April 17, 2026, 7:56 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ★★★☆☆
Hot Take | April 18, 2026, 6:58 p.m. EDT

PAVE is currently in a confirmed breakout phase, trading well above its 200-day moving average and surging 10% in just 10 trading days. The technicals scream momentum, but the dividend yield of 0.86% offers no income cushion, making this purely a growth and sentiment play. The options market confirms this narrative with a massive $55.00 call wall, suggesting traders are aggressively positioning for a run higher in the coming weeks. However, the high PE ratio of nearly 30 and the uncertain long-term outlook in the headlines mean this is a momentum chase, not a deep-value discovery.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.035805
MSTL0.036333
AutoETS0.041810
AutoARIMA0.041811

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 80%
H-stat 0.52
Ljung-Box p 0.000
Jarque-Bera p 0.231
Excess Kurtosis -1.24
Attribute Value
Trailing P/E 29.84

As of April 18, 2026, 6:58 p.m. EDT: Speculators are heavily concentrated on the upside in the near term, evidenced by the massive Open Interest wall at the $55.00 strike across April, May, June, and September expirations. While Put Open Interest is significant at lower strikes (around $40-$41 for June), the volume is skewed heavily towards calls at-the-money and slightly out-of-the-money, with call volume on $55.00 (June) showing a 'Volume Spike'. The extremely high Implied Volatility on deep out-of-the-money puts (IV 93% on $29.87 strike) and calls suggests speculators are pricing in a potential swing but the dominant positioning is directional bullishness targeting the $55.00 level as a near-term resistance/support anchor.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.68% 0.93% 0.74% 0.73%
Dividend History
Date Dividend Yield %
2025-12-30 0.328 0.678808
2025-06-27 0.110 0.253530
2024-12-30 0.139 0.347089
2024-06-27 0.080 0.219327
2023-12-28 0.156 0.457339
2023-06-29 0.080 0.261496
2022-12-29 0.141 0.540601
2022-06-29 0.081 0.366205
2021-12-30 0.099 0.356975
2021-06-29 0.040 0.162069
2020-12-30 0.055 0.270159
2020-06-29 0.038 0.262031
2019-12-30 0.054 0.317499
2019-06-27 0.065 0.422167
2018-12-28 0.105 0.825904
2017-12-28 0.051 0.320277
Additional Data
dividendYield 0.86

Info Dump

Attribute Value
All Time High 56.74
All Time Low 9.77
Ask 56.09
Ask Size 500
Average Daily Volume10 Day 1,640,800
Average Daily Volume3 Month 1,730,174
Average Volume 1,730,174
Average Volume10Days 1,640,800
Beta3 Year 1.45
Bid 53.76
Bid Size 1,500
Category Infrastructure
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 55.59
Day Low 54.37
Dividend Yield 0.86
Eps Trailing Twelve Months 1.8449111
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 53.0062
Fifty Day Average Change 2.0538025
Fifty Day Average Change Percent 0.038746458
Fifty Two Week Change Percent 55.977333
Fifty Two Week High 56.74
Fifty Two Week High Change -1.6800003
Fifty Two Week High Change Percent -0.029608747
Fifty Two Week Low 34.93
Fifty Two Week Low Change 20.130001
Fifty Two Week Low Change Percent 0.5762955
Fifty Two Week Range 34.93 - 56.74
First Trade Date Milliseconds 1,488,983,400,000
Five Year Average Return 0.1732504
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 CLOSED
Max Age 86,400
Message Board Id finmb_415556335
Nav Price 55.06
Net Assets 11,634,412,500.0
Net Expense Ratio 0.47
Open 54.47
Phone +1 8884938631
Post Market Change -0.060001373
Post Market Change Percent -0.108974524
Post Market Price 55.0
Post Market Time 1,776,470,175
Previous Close 53.83
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 1.23
Regular Market Change Percent 2.28497
Regular Market Day High 55.59
Regular Market Day Low 54.37
Regular Market Day Range 54.37 - 55.59
Regular Market Open 54.47
Regular Market Previous Close 53.83
Regular Market Price 55.06
Regular Market Time 1,776,456,000
Regular Market Volume 1,575,870
Short Name Global X U.S. Infrastructure De
Source Interval 15
Symbol PAVE
Three Year Average Return 0.26703328
Total Assets 11,634,412,544
Tradeable 0
Trailing P E 29.844257
Trailing Peg Ratio None
Trailing Three Month Nav Returns 6.36383
Trailing Three Month Returns 6.36383
Triggerable 1
Two Hundred Day Average 48.950176
Two Hundred Day Average Change 6.109825
Two Hundred Day Average Change Percent 0.12481722
Type Disp ETF
Volume 1,575,870
Yield 0.0086
Ytd Return 6.36383