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Morningstar

Global X US Infrastructure Dev ETF PAVE

Morningstar Medalist Rating
Medalist Rating as of | See Global X Investment Hub

Morningstar’s Analysis PAVE

Will PAVE outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAVE’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PAVE management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PAVE’s parent organization’s priorities and whether they’re in line with investors’ interests.

Global X US Infrastructure Dev ETF retains its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PAVE

More PAVE Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Eaton Corp PLC

3.47 255.9 Mil
Industrials

Martin Marietta Materials Inc

3.20 236.2 Mil
Basic Materials

Parker Hannifin Corp

3.17 233.9 Mil
Industrials

Trane Technologies PLC Class A

3.15 232.0 Mil
Industrials

Emerson Electric Co

3.09 228.3 Mil
Industrials

United Rentals Inc

3.09 228.1 Mil
Industrials

Quanta Services Inc

2.97 218.9 Mil
Industrials

Vulcan Materials Co

2.79 206.0 Mil
Basic Materials

Deere & Co

2.76 204.0 Mil
Industrials

Nucor Corp

2.74 202.4 Mil
Basic Materials