IPAV - ETF AI Analysis
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Global X Infrastructure Development ex-U.S. ETF (IPAV)
Rating:60Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Strong Top Holdings
Several of the largest positions, such as Shin-Etsu Chemical, Cemex, Prysmian, and Komatsu, have delivered strong year-to-date results that support the fund’s overall performance.
Broad International Diversification
The fund spreads its investments across many countries, including India, Japan, Europe, and others, which helps reduce reliance on any single market.
Negative Factors
High Sector Concentration
A large majority of the portfolio is in materials and industrials, which increases sensitivity to downturns in these specific sectors.
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can gradually reduce net returns for long-term investors.
Some Weak Top Holdings
A few key positions, such as Holcim and Canadian National Railway, have shown weak year-to-date performance, which can drag on the fund’s overall results.
IPAV vs. SPDR S&P 500 ETF (SPY)
AUM4.83M
RegionGlobal Ex-U.S.
Expense Ratio0.55%
Beta0.77
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. Volume442
30 Day Avg. Volume2,536
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
34.34Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering86
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IPAV Summary
IPAV is the Global X Infrastructure Development ex-U.S. ETF, tracking the Global X Infrastructure Development ex-U.S. Index. It invests in companies that build and support infrastructure like transportation, energy, water systems, and telecom networks outside the United States. Major holdings include well-known names such as ArcelorMittal and Canadian National Railway. Someone might invest in this ETF to gain international diversification and benefit from long-term growth as countries upgrade roads, railways, and utilities. A key risk is that it can be volatile and may fall in value with global infrastructure and stock markets.
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 leans heavily into industrials and materials, and its story is being written mostly overseas, with big positions in Japan, Europe, Canada, and India rather than the U.S. Shin-Etsu Chemical and Komatsu have been rising over the past few months, giving the fund a solid backbone from Japan’s industrial and materials strength. Tata Steel has also been a helpful contributor, though its ride has been a bit mixed. On the flip side, names like Cellnex Telecom and Ferrovial have been lagging lately, acting as a mild brake on overall performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Shin-Etsu Chemical Co | 3.84% | $183.02K | ¥12.97T | 43.42% | 69 Neutral | |
| ArcelorMittal | 3.64% | $173.14K | €33.95B | 100.00% | 73 Outperform | |
| Komatsu Ltd. | 3.46% | $164.61K | ¥5.78T | 64.41% | 68 Neutral | |
| Prysmian SpA | 3.30% | $157.13K | €30.04B | 150.48% | 65 Neutral | |
| Canadian Pacific Kansas City | 3.19% | $151.92K | $72.18B | 19.26% | 74 Outperform | |
| Vinci SA | 3.04% | $144.63K | €72.90B | 18.98% | 76 Outperform | |
| Canadian National Railway | 3.03% | $144.38K | $65.04B | 14.30% | 77 Outperform | |
| Tata Steel Limited | 3.01% | $143.39K | ₹2.47T | 52.11% | 71 Outperform | |
| Cemex SAB | 2.98% | $142.03K | $17.33B | 122.64% | 78 Outperform | |
| Cellnex Telecom SA | 2.90% | $137.99K | €19.84B | -1.02% | 60 Neutral |
IPAV Technical Analysis
Positive
―
Price Trends
31.63
Negative
30.44
Positive
29.13
Positive
Market Momentum
-0.32
Negative
51.18
Neutral
86.37
Negative
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 30.14, equal to the 50-day MA of 31.63, and equal to the 200-day MA of 29.13, indicating a neutral trend. The MACD of -0.32 indicates Negative momentum. The RSI at 51.18 is Neutral, neither overbought nor oversold. The STOCH value of 86.37 is Negative, 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
30.76
7.98
35.03%
HAUZ
Xtrackers International Real Estate ETF
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RWX
SPDR Dow Jones International Real Estate ETF
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TCAI
Tortoise AI Infrastructure ETF
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FDNI
First Trust Dow Jones International Internet ETF
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BILT
iShares Infrastructure Active ETF
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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: ―
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