IPAV - ETF AI Analysis

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

Rating:59Neutral

Price Target:―

The Global X Infrastructure Development ex-U.S. ETF (IPAV) has a moderate overall rating, reflecting a mix of strong and weaker holdings. Top contributors like Ferrovial and Larsen & Toubro Limited stand out due to their robust financial performance, bullish technical indicators, and positive earnings call sentiment, which enhance the fund's appeal. However, holdings such as Nippon Steel, with valuation concerns and short-term technical weaknesses, may have slightly weighed on the overall rating. A key risk factor for this ETF is its exposure to the infrastructure sector, which could be sensitive to economic cycles and regional market conditions.

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)

AUM4.69M

RegionGlobal Ex-U.S.

Expense Ratio0.56%

Beta0.72

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. Volume461

30 Day Avg. Volume666

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

35.74

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering86

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 on the materials and industrials sectors, with names like Cemex SAB and Heidelberg Materials driving the fund’s performance thanks to strong financial results and bullish momentum. Meanwhile, Shin-Etsu Chemical and Cellnex Telecom are lagging, weighed down by bearish technical trends and profitability concerns. The fund’s global focus offers exposure to infrastructure leaders across Europe, Asia, and Canada, but its reliance on a few key sectors means performance is closely tied to construction and industrial growth cycles.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
CX	Cemex SAB	3.30%	$155.08K	$17.97B	109.89%	78 Outperform
MT	ArcelorMittal	3.25%	$152.99K	€28.46B	71.51%	73 Outperform
HOLN	Holcim	3.22%	$151.32K	CHF41.79B	-10.84%	73 Outperform
HEI	Heidelberg Materials	3.09%	$145.41K	€39.56B	85.77%	76 Outperform
4063	Shin-Etsu Chemical Co	3.09%	$145.30K	¥9.65T	-7.74%	69 Neutral
PRY	Prysmian SpA	3.08%	$144.81K	€24.65B	39.88%	65 Neutral
CLNX	Cellnex Telecom SA	3.07%	$144.34K	€18.21B	0.36%	60 Neutral
CP	Canadian Pacific Kansas City	3.06%	$144.08K	$67.17B	1.46%	74 Outperform
FER	Ferrovial	3.02%	$142.25K	€39.82B	37.32%	78 Outperform
CNI	Canadian National Railway	3.00%	$141.35K	$60.87B	-4.03%	77 Outperform

IPAV Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

28.87

Positive

100DMA

28.50

Positive

200DMA

27.18

Positive

Market Momentum

MACD

0.19

Negative

RSI

62.67

Neutral

STOCH

74.32

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 29.15, equal to the 50-day MA of 28.87, and equal to the 200-day MA of 27.18, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 62.67 is Neutral, neither overbought nor oversold. The STOCH value of 74.32 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
IPAV	―	―	$4.69M	0.56%	―
RWX	―	―	$293.90M	0.59%	―
POWR	―	―	$72.65M	0.40%	―
TCAI	―	―	$52.08M	0.65%	―
BILT	―	―	$19.41M	0.60%	―
RBLD	―	―	$18.84M	0.65%	―

Performance Comparison

IPAV

Global X Infrastructure Development ex-U.S. ETF

29.59

6.48

28.04%

RWX

SPDR Dow Jones International Real Estate ETF

―

POWR

Ishares U.S. Power Infrastructure Etf

―

TCAI

Tortoise AI Infrastructure ETF

―

BILT

iShares Infrastructure Active ETF

―

RBLD

First Trust Alerian US NextGen 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: ―

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