Global X U.S. Infrastructure Development ETF(PAVE · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

PAVE $55.16
Snapshot
$55.16
52-Week Range
$45.44 – $60.43
YTD
+12.92%
IV Rank (30D)
0
Straddle Price
$3.05
P/C Vol Ratio
0.51
Info

Global X U.S. Infrastructure Development ETF (PAVE) ETF

Exchange
BATS
Inception
2017-03-06
Has Options
Yes
ETF Profile
holdings as of 2026-09-04
Holdings
102
AUM
$13.9B
Provider
Global X
Inception
2017-03-06
Exchange
BATS
Data As Of
2026-09-04
Expense Ratio
Dividend Yield
0.78%
Distribution
Semi-Annual
Recent distributions
Ex-Date Pay Date Amount Type
2026-06-29 2026-07-02 $0.1027 CD
2025-12-30 2026-01-07 $0.3284 CD
2025-06-27 2025-07-07 $0.1103 CD
2024-12-30 2025-01-07 $0.1394 CD
2024-06-27 2024-07-05 $0.0801 CD
2023-12-28 2024-01-08 $0.1560 CD
Asset Allocation
Top Holdings
top 50 of 102 holdings
Symbol Name Weight % Asset Class Country
DE DEERE & CO 3.55% Equity (US) US
NUE NUCOR CORP 3.38% Equity (US) US
FAST FASTENAL CO 3.35% Equity (US) US
EMR EMERSON ELECTRIC CO 3.30% Equity (US) US
ETN EATON CORP PLC 3.09% Equity (US)
PH PARKER HANNIFIN CORP 3.05% Equity (US) US
CRH CRH PLC 3.01% Equity (US)
PWR QUANTA SERVICES INC 2.98% Equity (US) US
UNP UNION PACIFIC CORP 2.97% Equity (US) US
NSC NORFOLK SOUTHERN CORP 2.95% Equity (US) US
ROK ROCKWELL AUTOMATION INC 2.94% Equity (US) US
CSX CSX CORP 2.92% Equity (US) US
TT TRANE TECHNOLOGIES PLC 2.92% Equity (US)
HWM HOWMET AEROSPACE INC 2.82% Equity (US) US
SRE SEMPRA 2.81% Equity (US) US
URI UNITED RENTALS INC 2.77% Equity (US) US
STLD STEEL DYNAMICS INC 2.04% Equity (US) US
VMC VULCAN MATERIALS CO 1.99% Equity (US) US
EME EMCOR GROUP INC 1.96% Equity (US) US
MLM MARTIN MARIETTA MATERIALS 1.81% Equity (US) US
ATI ATI INC 1.68% Equity (US) US
HUBB HUBBELL INC 1.42% Equity (US) US
AMRZ AMRIZE LTD 1.42% Equity (US)
CRS CARPENTER TECHNOLOGY 1.38% Equity (US) US
WWD WOODWARD INC 1.21% Equity (US) US
RS RELIANCE INC 1.19% Equity (US) US
MTZ MASTEC INC 1.10% Equity (US) US
FTV FORTIVE CORP 1.01% Equity (US) US
J JACOBS SOLUTIONS INC 1.01% Equity (US) US
WCC WESCO INTERNATIONAL INC 1.00% Equity (US) US
IEX IDEX CORP 0.97% Equity (US) US
RBC RBC BEARINGS INC 0.90% Equity (US) US
LECO LINCOLN ELECTRIC HOLDINGS 0.89% Equity (US) US
STRL STERLING INFRASTRUCTURE INC 0.87% Equity (US) US
CSL CARLISLE COS INC 0.83% Equity (US) US
MLI MUELLER INDUSTRIES INC 0.82% Equity (US) US
TRMB TRIMBLE INC 0.81% Equity (US) US
RPM RPM INTERNATIONAL INC 0.79% Equity (US) US
AA ALCOA CORP 0.77% Equity (US) US
GGG GRACO INC 0.74% Equity (US) US
CR CRANE CO 0.69% Equity (US) US
RRX REGAL REXNORD CORP 0.63% Equity (US) US
WMS ADVANCED DRAINAGE SYSTEMS IN 0.61% Equity (US) US
AYI ACUITY INC 0.59% Equity (US) US
SPXC SPX TECHNOLOGIES INC 0.57% Equity (US) US
PNR PENTAIR PLC 0.57% Equity (US)
WLK WESTLAKE CORPORATION 0.56% Equity (US) US
VMI VALMONT INDUSTRIES 0.55% Equity (US) US
TTEK TETRA TECH INC 0.54% Equity (US) US
DY DYCOM INDUSTRIES INC 0.53% Equity (US) US
Geographic Breakdown
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan +1.15% 6
Feb +3.10% 6
Mar -0.91% 6
Apr +1.61% 6
May +0.56% 6
Jun +0.13% 6
Jul +4.67% 6
Aug -0.70% 6
Sep -1.77% 6
Oct +2.65% 5
Nov +4.75% 5
Dec -0.21% 5
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $56.48
SMA 50: $56.89
SMA 200: $53.86
Current: $55.16
EMA 12: $55.43
EMA 26: $56.18
MACD: -0.7478 | Signal: -0.2088
BEARISH
ADX (14): 28.74
TREND
+DI: 15.05
−DI: 29.43

Momentum Oscillators

RSI (14): 42.24
NEUTRAL
Stoch %K: 20.34
Stoch %D: 12.25
Williams %R: -68.95

Volume & Volatility

BB Upper: $59.58
BB Lower: $53.37
NEUTRAL
OBV: 30,221,368
Vol SMA 20: 1,491,895
Vol ROC: -27.26%
ATR: $0.90
True Range: $0.62
HV 20: 15.2%
HV 30: 19.9%
HV 60: 20.8%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-09-09T00:00:00 – 2026-09-04T00:00:00
AI Analysis

Choose Frenzy-Fast™ for quick analysis or Frenzy-Pro™ for comprehensive analysis.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
Options Activity
IV Rank (30D)
0
IV Rank (7D)
60.27
Avg IV
27.2%
Straddle (30D)
$3.05
Straddle (7D)
$1.58
P/C Volume
0.51
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
pts EXTREME
ATM — / Wing —
30 DTE / 10d
pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
1.12
Correlation (SPY)
69.9%
0.49
Ann. Volatility
20.5%
SPY Volatility
12.8%

Above average volatility - stock moves with market amplification

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month