IPAV - ETF AI Analysis
Top Page
Global X Infrastructure Development ex-U.S. ETF (IPAV)
Rating:56Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and in recent months, indicating positive momentum in its strategy.
Well-Performing Top Holdings
Most of the largest positions, including major materials and industrial companies, have delivered strong year-to-date returns that support the fund’s overall results.
Broad International Diversification
The fund spreads its investments across many countries such as India, Japan, Europe, and others, which helps reduce reliance on any single market.
Negative Factors
High Expense Ratio
The fund’s fee is on the higher side for an ETF, which can gradually eat into investor returns over time.
Sector Concentration in Materials and Industrials
A large share of assets is tied to materials and industrials, making the ETF more sensitive to downturns in these cyclical sectors.
Small Asset Base
The ETF manages a relatively low amount of assets, which can increase the risk of lower trading liquidity and potential fund closure.
IPAV vs. SPDR S&P 500 ETF (SPY)
AUM5.24M
RegionGlobal Ex-U.S.
Expense Ratio0.55%
Beta0.83
IssuerGlobal X
Inception DateAug 27, 2024
Dividend Yield1.52%
Asset ClassEquity
Index TrackedGlobal X Infrastructure Development ex-U.S. Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,086
30 Day Avg. Volume1,707
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
36.39Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering93
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IPAV Summary
The Global X Infrastructure Development ex-U.S. ETF (IPAV) tracks the Global X Infrastructure Development ex-U.S. Index, focusing on companies that build and improve roads, railways, power systems, water networks, and telecom towers outside the United States. It holds well-known names like Canadian National Railway and Tata Steel, giving investors exposure to major infrastructure projects in countries such as India, Japan, and Spain. Someone might invest for long-term growth and international diversification tied to global building and modernization. A key risk is that the fund can rise or fall with global markets and infrastructure-related industries.
How much will it cost me?The Global X Infrastructure Development ex-U.S. ETF has an expense ratio of 0.56%, which means you’ll pay $5.60 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed and focuses on a specific niche, requiring more research and management effort.
What would affect this ETF?The Global X Infrastructure Development ex-U.S. ETF could benefit from increased government spending on infrastructure projects in emerging and developed markets, driven by urbanization and sustainability initiatives. However, it may face challenges from rising interest rates, which could increase borrowing costs for infrastructure companies, and geopolitical tensions that might disrupt global supply chains or investment flows. Its focus on industrials and materials sectors, along with top holdings in companies like Prysmian SpA and Ferrovial, makes it sensitive to global economic conditions and commodity price fluctuations.
IPAV Top 10 Holdings
IPAV is leaning hard into global infrastructure builders, with a clear tilt toward industrials and materials outside the U.S. Fujikura and Prysmian are the standouts, rising sharply on the back of strong demand for cables and connectivity, giving the fund a solid electrical backbone. Shin-Etsu Chemical and Ferrovial are also pulling their weight, adding steady momentum from construction and specialty materials. On the flip side, Heidelberg Materials and Holcim have been more mixed, occasionally losing steam and tempering gains from the stronger names across Europe, Canada, and Asia.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Fujikura Ltd | 3.43% | $185.96K | ¥9.40T | 279.35% | 63 Neutral | |
| Canadian National Railway | 3.34% | $181.06K | $73.61B | 16.99% | 77 Outperform | |
| Larsen & Toubro Limited | 3.26% | $176.56K | ₹5.54T | 12.04% | 78 Outperform | |
| Vinci SA | 3.23% | $175.12K | €71.85B | 1.00% | 76 Outperform | |
| Canadian Pacific Kansas City | 3.20% | $173.44K | $77.93B | 9.92% | 74 Outperform | |
| Ferrovial | 3.17% | $171.58K | €43.24B | 30.38% | 78 Outperform | |
| Holcim | 3.12% | $169.09K | CHF41.50B | 23.96% | 73 Outperform | |
| Shin-Etsu Chemical Co | 3.11% | $168.35K | ¥13.73T | 44.25% | 69 Neutral | |
| Heidelberg Materials | 3.06% | $165.76K | €31.01B | -13.11% | 76 Outperform | |
| ArcelorMittal | 3.02% | $163.63K | €43.59B | 102.28% | 73 Outperform |
IPAV Technical Analysis
Negative
―
Price Trends
33.11
Negative
32.36
Negative
30.75
Positive
Market Momentum
-0.46
Positive
37.05
Neutral
12.61
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IPAV, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 32.39, equal to the 50-day MA of 33.11, and equal to the 200-day MA of 30.75, indicating a neutral trend. The MACD of -0.46 indicates Positive momentum. The RSI at 37.05 is Neutral, neither overbought nor oversold. The STOCH value of 12.61 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IPAV.
IPAV Peer Comparison
Comparison Results
Performance Comparison
IPAV
Global X Infrastructure Development ex-U.S. ETF
31.28
3.94
14.41%
HAUZ
Xtrackers International Real Estate ETF
―
―
―
RWX
SPDR Dow Jones International Real Estate ETF
―
―
―
BILT
iShares Infrastructure Active ETF
―
―
―
RIFR
Global Infrastructure Active ETF
―
―
―
FDNI
First Trust Dow Jones International Internet ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents