PAVEGlobal X U.S. Infrastructure Development ETF

Global X U.S. Infrastructure Development ETF is an exchange-traded fund designed to provide diversified exposure to U.S. companies involved in infrastructure development. The fund focuses on businesses active in construction and engineering, industrial transportation, infrastructure materials, and heavy construction equipment, giving investors access to the industries that support roads, utilities, logistics networks, and broader modernization activity. It seeks to track the performance of the Indxx U.S. Infrastructure Development Index and uses a portfolio of U.S.-listed stocks linked to domestic infrastructure themes. The ETF is used by market participants looking for targeted equity exposure to the infrastructure supply chain, with holdings that typically span industrials, materials, transportation, and related equipment providers. Managed by Global X, the fund plays a specialized role in the market by concentrating on companies that contribute to the buildout, maintenance, and expansion of physical infrastructure across the United States.