Is PAVE a good investment?

Global X - U.S. Infrastructure Development ETF (PAVE) is a real estate and infrastructure ETF. As of September 11, 2026, ETF Copilot scores PAVE 4.2 out of 10 — highest on Return (7.4), lowest on Valuation (1.8). It trades at 27.2 times earnings, against its own median of 18.6. Its ten largest holdings are 32% of the fund.

Updated September 11, 2026

How is PAVE rated? ETF Copilot scores Global X - U.S. Infrastructure Development ETF (PAVE) 4.2 out of 10

As of September 11, 2026, ETF Copilot scores Global X - U.S. Infrastructure Development ETF (PAVE) 4.2 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.2 / 10
Growth: 4.3 / 10
Valuation: 1.8 / 10
Risk: 3.6 / 10
Quality: 2.2 / 10
Return: 7.4 / 10

What is PAVE's expense ratio? 0.47% a year

As of September 11, 2026, PAVE charges 0.47% a year, yields 1.07% and holds $13.8B in assets across 100 positions.

Global X - U.S. Infrastructure Development ETF (PAVE) — cost, income and size
Measure	PAVE
Expense ratio	0.47%
Dividend yield	1.07%
Assets under management	$13.8B
Holdings	100

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in PAVE's data

U.S. infrastructure companies across construction, materials, and engineering.

Its recent returns have run ahead of the typical fund in its category.

Three-year return of 21%, above the peer median.

Adds exposure to the physical backbone of the American economy — roads, bridges, and utilities.

Why did PAVE move this week? It fell 1.1% in the week to September 11, 2026 — Howmet Aerospace and CRH drove it

PAVE fell 1.1% in the week to September 11, 2026. The holdings that moved it most were Howmet Aerospace (−11.9%), CRH (−3.8%) and Amrize (−7.9%); Eaton (+7.1%) pushed the other way.

Is PAVE expensive right now? It trades at 27.2 times earnings, against its own median of 18.6

As of September 11, 2026, PAVE is more expensive than 89% of its own 114 monthly readings since 2017 — 101 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside PAVE?

What's inside PAVE: Size (Large 57%, Mid 33%, Small 10%); Geography (International 11%, US 89%); Tech 3.5%.

What are PAVE's top holdings? The ten largest are 32% of the fund

Deere, Fastenal, Nucor, Emerson Electric, Eaton, Quanta Services, Parker Hannifin, Union Pacific, CSX and Norfolk Southern are PAVE's largest holdings, in that order.

Less concentrated than 75% of Real Estate & Infrastructure ETFs.

Half of PAVE's weight sits in its 17 largest positions, and once those weights are taken into account it behaves like 50 equally weighted holdings.

Cite this

ETF Copilot, “Global X - U.S. Infrastructure Development ETF (PAVE) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/pave