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PAVE ETF Profile


Family: Global X
Name: Global X U.S. Infrastructure Development ETF
Inception Date: 6-Mar-2017
Termination Date:
Investment Objective: The Global X U.S. Infrastructure Development ETF (PAVE) seeks to invest in companies that stand to benefit from a potential increase in infrastructure activity in the United States, including those involved in the production of raw materials, heavy equipment, engineering, and construction. The Index is a modified market capitalization weighted index designed to measure the performance of companies that provide exposure to infrastructure development in the United States. This includes companies involved in the construction and engineering of infrastructure projects; the production of infrastructure raw materials, composites and products; producers/distributors of heavy construction equipment; and companies engaged in the transportation of infrastructure materials (collectively, U.S. Infrastructure Development Companies ), as defined by Indxx.
Prospectus
Top 10 Holdings
EATON CORP PLC ETN 3.4800%
TRANE TECHNOLOGIES PLC TT 3.3800%
MARTIN MARIETTA MATERIALS MLM 3.1800%
UNITED RENTALS INC URI 3.1000%
PARKER HANNIFIN CORP PH 3.0600%
EMERSON ELECTRIC CO EMR 3.0000%
QUANTA SERVICES INC PWR 3.0000%
VULCAN MATERIALS CO VMC 2.8500%
DEERE & CO DE 2.7600%
SEMPRA SRE 2.7400%
Top 10 Holdings Weight: 30.6%
Number of Holdings: 103
Shares Outstanding: 191,340,000
Total Net Assets: 7,257,526,000
NAV: 37.91
Net Expense Ratio: 0.47%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Is Currency Hedged: No
US or Ex-US: Domestic