(PAVE) U.S. Infrastructure - Overview
Etf: Construction, Engineering, Raw, Transport, Equipment
Dividends
| Dividend Yield | 0.93% |
| Yield on Cost 5y | 2.04% |
| Yield CAGR 5y | 33.23% |
| Payout Consistency | 96.2% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 17.6% |
| Relative Tail Risk | -0.78% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.14 |
| Alpha | 16.12 |
| Character TTM | |
|---|---|
| Beta | 1.017 |
| Beta Downside | 0.955 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.23% |
| CAGR/Max DD | 0.94 |
Description: PAVE U.S. Infrastructure January 07, 2026
The Global X U.S. Infrastructure Development ETF (BATS: PAVE) allocates at least 80% of its assets to securities that track its underlying index, which targets U.S.-listed firms involved in construction and engineering, raw-material production for infrastructure, industrial transportation, and heavy-equipment manufacturing.
Key metrics as of Q4 2024: the fund carries an expense ratio of 0.46%, holds roughly $1.2 billion in assets under management, and its top five holdings-such as Caterpillar, Jacobs Solutions, and Vulcan Materials-represent about 30% of total net assets. The ETF’s performance is closely tied to federal infrastructure spending, with the bipartisan infrastructure law projecting an additional $1.2 trillion in U.S. projects through 2029, boosting demand for construction services and equipment.
For a deeper quantitative dive, you might explore ValueRay’s analyst tools to compare PAVE’s valuation metrics against peers.
What is the price of PAVE shares?
Over the past week, the price has changed by +7.76%, over one month by +9.45%, over three months by +15.52% and over the past year by +31.11%.
Is PAVE a buy, sell or hold?
What are the forecasts/targets for the PAVE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 68.5 | 25.3% |
PAVE Fundamental Data Overview February 07, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 10.92b USD (10.92b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 10.92b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 10.92b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.66% (E(10.92b)/V(10.92b) * Re(9.66%) + (debt-free company))
Discount Rate = 9.66% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)