# Global X U.S. Infrastructure Development ETF (PAVE) — Overview

PAVE · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/pave

## Price

Last close $52.95 on Oct 15, 2026. 52-week range $45.51 – $59.99.

## Fund profile

PAVE tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.

| Metric | Value |
| --- | --- |
| Issuer | Global X Management Company LLC |
| Industry | Theme |
| Inception | Mar 6, 2017 |
| Assets under management | $13.5B |
| Expense ratio | 0.47% |
| Net asset value | $52.83 (as of Oct 14, 2026) |
| Distributions | Semi-Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Global X U.S. Infrastructure Development ETF (PAVE)?

PAVE tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.

### What is PAVE's expense ratio?

Global X U.S. Infrastructure Development ETF charges an annual expense ratio of 0.47%. The fund is issued by Global X Management Company LLC.

### How large is PAVE?

Global X U.S. Infrastructure Development ETF manages $13.5B in assets and has traded since Mar 6, 2017.

### How do I buy shares of Global X U.S. Infrastructure Development ETF (PAVE)?

PAVE trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).