IPAV Global X Infrastructure Development ex-U.S. ETF
Quote as of Aug 26, 2026 14:23 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 32.41 | Day Range | 32.50 – 32.55 |
| 52-Week Range | 27.50 – 35.40 | Volume | 312 |
| Avg Volume | 1.45K | AUM | $5.5M (Aug 27, 2026) |
| Expense Ratio | 0.55% | Yield (TTM) | 1.47% |
| NAV | 32.16 | Premium/Discount | +1.05% indicative |
| Inception | Aug 27, 2024 | Holdings | 100 |
| Issuer | Global X | Exchange | CBOE |
| Category | Infrastructure | Index Tracked | Not stated in source data |
| CUSIP | 37960A446 | ISIN | US37960A4461 |
| Management | Not stated in source data | ||
About this ETF
This fund is mandated to invest a minimum of 80% of its total assets, which includes borrowed capital, in the securities that comprise its benchmark index. These investments largely consist of common shares, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs), all of which are linked to the index's components. The underlying index is structured to offer investors targeted access to equity securities in global markets, specifically excluding the United States. This includes companies that are both listed and headquartered in developed and emerging economies, all with a focus on infrastructure development. It's important to note that this fund is categorized as non-diversified.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +4.23% | -4.64% | -4.38% | +10.17% | +16.57% | — | — | — | +14.51% |
| Total return | +4.23% | -3.96% | -3.70% | +10.96% | +18.40% | — | — | — | +15.87% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 26, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.55% | Annual cost of a $10,000 investment | $55.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 106 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | CANADIAN NATL RAILWAY CO | CNR.TO | 3.58% | 1.49K | $193.7K |
| 2 | CANADIAN PACIFIC KANSAS CITY | CP.TO | 3.53% | 1.98K | $191.0K |
| 3 | ARCELORMITTAL | MT.AS | 3.50% | 2.59K | $189.1K |
| 4 | FUJIKURA LTD | 5803.T | 3.42% | 5.58K | $185.3K |
| 5 | LARSEN & TOUBRO LTD | LT.NS | 3.28% | 4.16K | $177.7K |
| 6 | VINCI SA | DG.PA | 3.11% | 1.21K | $168.2K |
| 7 | HOLCIM LTD | HOLN.SW | 2.94% | 1.81K | $159.2K |
| 8 | NIPPON STEEL CORP | 5401.T | 2.93% | 38.17K | $158.3K |
| 9 | FERROVIAL NV | FER.MC | 2.92% | 2.51K | $157.8K |
| 10 | HEIDELBERG MATERIALS AG | HEI.DE | 2.90% | 842 | $156.9K |
| 11 | SHIN-ETSU CHEMICAL CO LTD | 4063.T | 2.72% | 3.86K | $146.9K |
| 12 | CELLNEX TELECOM SA | CLNX.MC | 2.69% | 4.77K | $145.5K |
| 13 | PRYSMIAN SPA | PRY.MI | 2.62% | 981 | $142.0K |
| 14 | CEMEX SAB-SPONS ADR PART CER | CX | 2.57% | 12.53K | $139.2K |
| 15 | TATA STEEL LTD | — | 2.54% | 71.91K | $137.5K |
| 16 | HINDALCO INDUSTRIES LTD | — | 2.43% | 12.17K | $131.5K |
| 17 | POSCO HOLDINGS INC | 005490.KS | 2.39% | 578 | $129.3K |
| 18 | WEG SA | WEGE3.SA | 2.27% | 12.90K | $123.1K |
| 19 | DOOSAN ENERBILITY CO LTD | 034020.KS | 2.26% | 2.32K | $122.5K |
| 20 | ULTRATECH CEMENT LTD | — | 2.22% | 994 | $120.2K |
| 21 | EIFFAGE | FGR.PA | 1.92% | 754 | $103.9K |
| 22 | JSW STEEL LTD | — | 1.90% | 7.59K | $102.6K |
| 23 | LS ELECTRIC CO LTD | 010120.KS | 1.63% | 653 | $88.1K |
| 24 | ATKINSREALIS GROUP INC | ATRL.TO | 1.62% | 1.41K | $87.5K |
| 25 | BLUESCOPE STEEL LTD | BSL.AX | 1.53% | 3.79K | $82.5K |
| 26 | NKT A/S | NKT.CO | 1.25% | 464 | $67.6K |
| 27 | NEXANS SA | NEX.PA | 1.11% | 364 | $60.3K |
| 28 | POLYCAB INDIA LTD | POLYCAB.NS | 1.06% | 611 | $57.2K |
| 29 | SAIPEM SPA | SPM.MI | 1.05% | 10.81K | $56.6K |
| 30 | IMCD NV | IMCD.AS | 1.04% | 507 | $56.4K |
| 31 | JFE HOLDINGS INC | 5411.T | 1.01% | 4.71K | $54.7K |
| 32 | SSAB AB - B SHARES | — | 1.01% | 5.29K | $54.4K |
| 33 | CHINA TOWER CORP LTD-H | 0788.HK | 0.87% | 39.54K | $47.2K |
| 34 | GE VERNOVA T&D INDIA LTD | — | 0.86% | 1.07K | $46.3K |
| 35 | TCC GROUP HOLDINGS CO LTD | 1101.TW | 0.85% | 59.18K | $46.2K |
| 36 | GERDAU SA -SPON ADR | GGB | 0.85% | 10.64K | $46.1K |
| 37 | VOESTALPINE AG | VOE.VI | 0.82% | 870 | $44.5K |
| 38 | INDUS TOWERS LTD | — | 0.76% | 10.52K | $41.3K |
| 39 | AALBERTS NV | AALB.AS | 0.73% | 793 | $39.6K |
| 40 | GAMUDA BHD | — | 0.72% | 35.50K | $38.9K |
| 41 | JINDAL STEEL LTD | — | 0.71% | 3.24K | $38.2K |
| 42 | AURIZON HOLDINGS LTD | AZJ.AX | 0.70% | 14.51K | $37.9K |
| 43 | ACERINOX SA | ACX.MC | 0.57% | 1.55K | $30.9K |
| 44 | HITACHI CONSTRUCTION MACHINE | 6305.T | 0.57% | 869 | $30.9K |
| 45 | KEI INDUSTRIES LTD | — | 0.57% | 531 | $30.7K |
| 46 | AMBUJA CEMENTS LTD | — | 0.56% | 6.94K | $30.0K |
| 47 | COMSYS HOLDINGS CORP | 1721.T | 0.55% | 902 | $29.8K |
| 48 | BUZZI SPA | BZU.MI | 0.54% | 633 | $29.4K |
| 49 | SIEMENS ENERGY INDIA LTD | ENRIN.NS | 0.51% | 766 | $27.5K |
| 50 | GEK TERNA SA | GEKTERNA.AT | 0.50% | 511 | $27.2K |
| 51 | DOWNER EDI LTD | DOW.AX | 0.47% | 5.39K | $25.4K |
| 52 | INFRONEER HOLDINGS INC | 5076.T | 0.47% | 1.46K | $25.3K |
| 53 | SACYR SA | SCYR.MC | 0.46% | 4.97K | $24.9K |
| 54 | WELSPUN CORP LTD | — | 0.45% | 1.01K | $24.3K |
| 55 | JGC HOLDINGS CORP | 1963.T | 0.44% | 1.70K | $23.9K |
| 56 | ASIA CEMENT CORP | 1102.TW | 0.44% | 21.54K | $23.6K |
| 57 | EXEO GROUP INC | 1951.T | 0.43% | 1.45K | $23.2K |
| 58 | ANHUI CONCH CEMENT CO LTD-H | 0914.HK | 0.42% | 10.21K | $22.8K |
| 59 | STEEL AUTHORITY OF INDIA | SAIL.NS | 0.42% | 12.52K | $22.7K |
| 60 | EREGLI DEMIR VE CELIK FABRIK | EREGL.IS | 0.41% | 28.25K | $22.4K |
| 61 | SIGENERGY TECHNOLOGY CO LT-H | 6656.HK | 0.40% | 499 | $21.7K |
| 62 | SHREE CEMENT LTD | — | 0.40% | 85 | $21.6K |
| 63 | BUDIMEX | BDX.WA | 0.39% | 111 | $21.2K |
| 64 | OUTOKUMPU OYJ | OUT1V.HE | 0.39% | 3.36K | $21.1K |
| 65 | TERNIUM SA-SPONSORED ADR | TX | 0.38% | 373 | $20.7K |
| 66 | HELIOS TOWERS PLC | HTWS.L | 0.37% | 7.13K | $20.0K |
| 67 | JK CEMENT LTD | — | 0.37% | 362 | $19.9K |
| 68 | STRABAG SE-BR | STR.VI | 0.36% | 198 | $19.7K |
| 69 | YAMATO KOGYO CO LTD | 5444.T | 0.36% | 259 | $19.2K |
| 70 | SHAPIR ENGINEERING AND INDUS | SPEN.TA | 0.35% | 1.34K | $19.2K |
| 71 | PENTA-OCEAN CONSTRUCTION CO | 1893.T | 0.34% | 2.01K | $18.1K |
| 72 | TITAN SA | — | 0.33% | 301 | $18.1K |
| 73 | TAIHAN CABLE & SOLUTION CO LTD | 001440.KS | 0.33% | 930 | $17.9K |
| 74 | MAIRE SPA | MAIRE.MI | 0.32% | 1.22K | $17.2K |
| 75 | JINDAL STAINLESS LTD | — | 0.30% | 2.20K | $16.1K |
| 76 | INFRASTRUTTURE WIRELESS ITAL | INW.MI | 0.30% | 2.29K | $16.1K |
| 77 | SHIKUN & BINUI LTD | SKBN.TA | 0.28% | 2.70K | $15.2K |
| 78 | CHINA RAILWAY GROUP LTD-H | 0390.HK | 0.28% | 34.90K | $15.0K |
| 79 | HYUNDAI STEEL CO | 004020.KS | 0.26% | 715 | $13.9K |
| 80 | SANY HEAVY INDUSTRY CO LTD-H | 6031.HK | 0.26% | 5.70K | $13.8K |
| 81 | CENERGY HOLDINGS SA | — | 0.25% | 527 | $13.7K |
| 82 | DALMIA BHARAT LTD | — | 0.23% | 645 | $12.7K |
| 83 | GRENERGY RENOVABLES | GRE.MC | 0.23% | 116 | $12.6K |
| 84 | ENKA INSAAT VE SANAYI AS | ENKAI.IS | 0.23% | 7.18K | $12.4K |
| 85 | RAIL VIKAS NIGAM LTD | RVNL.NS | 0.21% | 4.92K | $11.6K |
| 86 | VICAT | VCT.PA | 0.21% | 149 | $11.2K |
| 87 | CHINA COMMUNICATIONS SERVI-H | 0552.HK | 0.21% | 21.70K | $11.1K |
| 88 | DEME GROUP | DEME.BR | 0.20% | 56 | $11.0K |
| 89 | KEPCO ENGINEERING & CONSTRUC | 052690.KS | 0.20% | 160 | $10.6K |
| 90 | ZOOMLION HEAVY INDUSTRY-H | 1157.HK | 0.19% | 11.60K | $10.5K |
| 91 | ILJIN ELECTRIC CO LTD | 103590.KS | 0.19% | 221 | $10.5K |
| 92 | BEIJING ENTERPRISES WATER GR | 0371.HK | 0.18% | 34.00K | $9.5K |
| 93 | CHUANGXIN INDUSTRIES HOLDING | 2788.HK | 0.16% | 4.20K | $8.8K |
| 94 | CHINA ENERGY ENGINEERING C-H | 3996.HK | 0.15% | 60.60K | $8.3K |
| 95 | NMDC ENERGY PJSC | — | 0.14% | 9.99K | $7.5K |
| 96 | VIOHALCO SA | — | 0.14% | 361 | $7.3K |
| 97 | REPT BATTERO ENERGY CO LTD-H | 0666.HK | 0.12% | 4.70K | $6.4K |
| 98 | POWERX INC | 485A.T | 0.11% | 563 | $6.2K |
| 99 | GAON CABLE CO LTD | 000500.KS | 0.10% | 48 | $5.5K |
| 100 | HUAXIN BUILDING MATERIALS GROUP | 6655.HK | 0.08% | 2.40K | $4.5K |
| 101 | CASH | — | 0.05% | 2.90K | $2.9K |
| 102 | OTHER PAYABLE & RECEIVABLES | — | 0.05% | 2.62K | $2.6K |
| 103 | EURO | — | 0.00% | 0 | $0.04 |
| 104 | JAPANESE YEN | — | 0.00% | 1 | $0.01 |
| 105 | SWEDISH KRONE | — | 0.00% | 0 | $0.00 |
| 106 | CANADIAN DOLLAR | — | 0.00% | -0 | -$0.01 |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 1.47% | Paid (last 12 months) | $0.4770 |
| Frequency | Semi-Annual | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jun 29, 2026 | Last payment | $0.2270 (Jul 07, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jun 29, 2026 | Jun 29, 2026 | Jul 07, 2026 | $0.2270 |
| Dec 30, 2025 | Dec 30, 2025 | Jan 07, 2026 | $0.2500 |
| Jun 27, 2025 | Jun 27, 2025 | Jul 07, 2025 | $0.1300 |
| Dec 30, 2024 | Dec 30, 2024 | Jan 07, 2025 | $0.0710 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 18.51% / — | Sharpe 1Y / 3Y | 0.908 / — |
| Max drawdown 1Y / 3Y | -14.61% / — | Sortino 1Y | 1.39 |
| Beta vs S&P 500 (3Y) | 0.694 | Correlation vs S&P 500 (1Y) | 0.765 |
| Downside deviation 1Y | 12.11% | Risk-free rate used | 3.71% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 27, 2026. Formulas →
Liquidity
| Volume today | 312 | Average volume | 1.45K |
| AUM | $5.5M | Premium/Discount | +1.05% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $56.3K | +1.04% | $5.4M → $5.5M |
| 1 Week | -$73.0K | -1.35% | $5.4M → $5.5M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for IPAV
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.