Education
About Us
Working with TipRanks
Follow Us
IPAV - ETF AI Analysis
Top Page
Global X Infrastructure Development ex-U.S. ETF (IPAV)
Rating:59Neutral
Price Target:
$30.00
Positive Factors
Strong Top Holdings
Several key holdings, such as Heidelberg Materials and ArcelorMittal, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Global Diversification
The ETF invests across multiple countries, including India, Japan, and Europe, reducing reliance on any single market.
Sector Focus on Industrials and Materials
Heavy exposure to Industrials and Materials sectors aligns with infrastructure growth trends, which can drive long-term returns.
Negative Factors
High Expense Ratio
The ETF’s expense ratio of 0.56% is higher than many passive funds, which could eat into investor returns over time.
Underperforming Holdings
Some holdings, like Shin-Etsu Chemical and Nippon Steel, have lagged in year-to-date performance, potentially dragging down overall results.
Limited U.S. Exposure
With only 8.73% allocated to U.S. companies, the ETF may miss out on opportunities in the world’s largest economy.
IPAV vs. SPDR S&P 500 ETF (SPY)
AUM4.54M
RegionGlobal Ex-U.S.
Expense Ratio0.56%
Beta0.71
IssuerGlobal X
Inception DateAug 27, 2024
Dividend YieldN/A
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. Volume639
30 Day Avg. Volume657
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
35.38Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IPAV Summary
The Global X Infrastructure Development ex-U.S. ETF (Ticker: IPAV) focuses on companies involved in building and maintaining infrastructure like transportation, energy, and telecommunications outside the United States. It includes well-known firms such as Tata Steel and Komatsu Ltd., offering exposure to markets like India, Japan, and Europe. This ETF is ideal for investors seeking international diversification and the potential for growth driven by global infrastructure projects. However, new investors should be aware that the ETF’s performance can be affected by economic conditions in the regions it focuses on, which may lead to fluctuations in value.
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
The Global X Infrastructure Development ex-U.S. ETF is leaning heavily into industrials and materials, with names like Prysmian SpA and ArcelorMittal driving steady gains thanks to strong financial foundations and positive momentum. Ferrovial is also rising, buoyed by strategic growth in North America. However, Shin-Etsu Chemical and UltraTech Cement are lagging, weighed down by bearish technical trends and valuation concerns. With its focus on infrastructure across global markets, this fund is positioned to benefit from modernization efforts worldwide, though mixed performance among holdings highlights the challenges of navigating diverse regions and sectors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Prysmian SpA | 4.41% | $198.09K | €23.96B | 30.20% | 69 Neutral | |
| Ferrovial | 3.55% | $159.69K | €39.34B | 49.22% | 78 Outperform | |
| Komatsu Ltd. | 3.23% | $145.34K | ¥4.77T | 23.06% | 68 Neutral | |
| ArcelorMittal | 3.21% | $144.04K | €27.91B | 43.21% | 75 Outperform | |
| Tata Steel Limited | 3.15% | $141.52K | ₹2.26T | 25.56% | 68 Neutral | |
| Heidelberg Materials | 3.07% | $138.11K | €35.92B | 72.91% | 72 Outperform | |
| Cemex SAB | 3.02% | $135.70K | $15.68B | 92.84% | 78 Outperform | |
| Larsen & Toubro Limited | 2.94% | $132.29K | ₹5.39T | 10.10% | 78 Outperform | |
| NIPPON STEEL | 2.84% | $127.81K | ¥3.27T | -6.43% | 63 Neutral | |
| UltraTech Cement Limited | 2.72% | $122.28K | ₹3.45T | 6.99% | 68 Neutral |
IPAV Technical Analysis
Positive
―
Price Trends
28.53
Positive
28.08
Positive
26.43
Positive
Market Momentum
>-0.01
Positive
50.60
Neutral
34.07
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IPAV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 28.82, equal to the 50-day MA of 28.53, and equal to the 200-day MA of 26.43, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 50.60 is Neutral, neither overbought nor oversold. The STOCH value of 34.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IPAV.
IPAV Peer Comparison
Comparison Results
Performance Comparison
IPAV
Global X Infrastructure Development ex-U.S. ETF
28.68
5.16
21.94%
HAUZ
Xtrackers International Real Estate ETF
―
―
―
RWX
SPDR Dow Jones International Real Estate ETF
―
―
―
ELFY
ALPS Electrification Infrastructure ETF
―
―
―
FDNI
First Trust Dow Jones International Internet ETF
―
―
―
POWR
Ishares U.S. Power Infrastructure 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.
Disclaimer
This 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