IPAV - ETF AI Analysis

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Global X Infrastructure Development ex-U.S. ETF (IPAV)

Rating:60Neutral

Price Target:―

IPAV, the Global X Infrastructure Development ex-U.S. ETF, has a solid but not top-tier rating, reflecting a mix of strong core holdings and some areas of weakness. Standout positions like Ferrovial, Cemex, Canadian National Railway, Heidelberg Materials, and Holcim support the fund with strong financial performance, positive momentum, and generally reasonable valuations. However, several holdings such as Nippon Steel, Komatsu, and Prysmian show technical or cash flow challenges, and the fund’s focus on infrastructure and construction-related names means it is exposed to sector-specific and macroeconomic risks.

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)

AUM5.16M

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. Volume2,170

30 Day Avg. Volume1,746

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

34.46

Price 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 is leaning heavily into global infrastructure builders, with materials and industrial names outside the U.S. steering the ship. Cement giants like Cemex and ArcelorMittal have been rising and are key engines for recent gains, while Prysmian and Heidelberg Materials add steady support from Europe’s construction backbone. Japanese players such as Shin-Etsu Chemical and Komatsu show mixed but generally positive momentum, keeping Asia firmly in the mix. The main drag comes from a softer Canadian National Railway and a sluggish Holcim, which are adding a bit of friction to an otherwise forward-moving portfolio.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
MT	ArcelorMittal	3.93%	$207.45K	€38.08B	95.98%	73 Outperform
6301	Komatsu Ltd.	3.71%	$195.89K	¥6.38T	61.91%	68 Neutral
PRY	Prysmian SpA	3.40%	$179.22K	€29.52B	55.80%	65 Neutral
EPI.A	Epiroc AB	3.16%	$166.74K	kr309.90B	26.47%	67 Neutral
CX	Cemex SAB	3.14%	$165.53K	$18.53B	93.20%	78 Outperform
4063	Shin-Etsu Chemical Co	2.98%	$157.15K	¥10.07T	3.94%	69 Neutral
HOLN	Holcim	2.97%	$156.74K	CHF41.32B	-18.86%	73 Outperform
FER	Ferrovial	2.97%	$156.61K	€43.08B	46.16%	78 Outperform
0NQM	Vinci SA	2.96%	$156.18K	€74.90B	23.98%	76 Outperform
CP	Canadian Pacific Kansas City	2.95%	$155.68K	$72.96B	3.42%	74 Outperform

IPAV Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

30.08

Positive

100DMA

29.20

Positive

200DMA

28.00

Positive

Market Momentum

MACD

0.75

Negative

RSI

76.60

Negative

STOCH

86.00

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 31.29, equal to the 50-day MA of 30.08, and equal to the 200-day MA of 28.00, indicating a bullish trend. The MACD of 0.75 indicates Negative momentum. The RSI at 76.60 is Negative, neither overbought nor oversold. The STOCH value of 86.00 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
IPAV	―	―	$5.16M	0.56%	―
HAUZ	―	―	$1.02B	0.10%	―
RWX	―	―	$297.08M	0.59%	―
POWR	―	―	$89.82M	0.40%	―
TCAI	―	―	$61.17M	0.65%	―
FDNI	―	―	$48.68M	0.65%	―

Performance Comparison

IPAV

Global X Infrastructure Development ex-U.S. ETF

33.30

9.86

42.06%

HAUZ

Xtrackers International Real Estate ETF

―

RWX

SPDR Dow Jones International Real Estate ETF

―

POWR

Ishares U.S. Power Infrastructure Etf

―

TCAI

Tortoise AI Infrastructure 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.

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: ―

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