PAVE – Global X U.S. Infrastructure Development ETF
Global X U.S. Infrastructure Development ETF (PAVE) is an Infrastructure ETF, issued by Global X Funds, $13.6B in assets, 0.48% expense ratio.
Returns as of Oct 23, 2026: 1 week -2.2%, 1 year +13.2%.
Focuses on US companies involved in domestic infrastructure development, including construction, engineering, raw materials, industrial transportation, and heavy equipment.
Top holdings
- EMR – Emerson Electric Company, 3.7%
- FAST – Fastenal Company, 3.5%
- NUE – Nucor Corp, 3.5%
- DE – Deere & Company, 3.3%
- PH – Parker-Hannifin Corporation, 3.3%
- PWR – Quanta Services Inc, 3.2%
- UNP – Union Pacific Corporation, 3.1%
- TT – Trane Technologies plc, 3.1%
- ETN – Eaton Corporation PLC, 3.0%
- NSC – Norfolk Southern Corporation, 3.0%
- ROK – Rockwell Automation Inc, 2.9%
- CSX – CSX Corporation, 2.9%
- SRE – Sempra Energy, 2.9%
- URI – United Rentals Inc, 2.8%
- CRH – CRH PLC, 2.7%
- HWM – Howmet Aerospace Inc, 2.5%
- STLD – Steel Dynamics Inc, 2.1%
- VMC – Vulcan Materials Company, 2.0%
- EME – EMCOR Group Inc, 1.9%
- MLM – Martin Marietta Materials Inc, 1.9%
- ATI – Allegheny Technologies Incorporated, 1.6%
- HUBB – Hubbell Inc, 1.5%
- AMRZ – Amerize Inc., 1.3%
- RS – Reliance Steel & Aluminum Co, 1.3%
- WWD – Woodward Inc, 1.1%