Global X Infrastructure Development ex-U.S. ETF IPAV
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.55%
- Net assets
- $5.8M
- Holdings
- 105
- 12-month distribution yield
- 1.61%
- Asset class
- Equity
Global X Infrastructure Development ex-U.S. ETF (IPAV) is an exchange-traded fund listed on Cboe BZX in the United States, issued by Global X. Its category is Equity · International (equity). Its last price was US$29.65 on 20 Oct 2026. Its expense ratio is 0.55% a year, from its prospectus dated 1 Apr 2026. It reported net assets of US$5.78 million as of 31 May 2026. Its latest holdings report lists 105 holdings as of 31 May 2026. Over the last 12 months it paid distributions of US$0.48 a unit, a 12-month distribution yield of 1.61%, paid twice a year.
Fees
- Total annual operating expenses (gross)
- 0.55%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.55%
- Prospectus date
- 1 Apr 2026
- Filed with the SEC
- 27 Mar 2026
Size and reporting
- Net assets
- $5,781,298
- Total assets
- $6,072,654
- Holdings as of
- 31 May 2026
- Report made public
- 29 Jul 2026 (59 days after the month end)
Top holdings
Largest 25 of 105 positions, as of 31 May 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | PRYSMIAN S.P.A. PRYSMIAN SPA COMMON STOCK | IT0004176001 | 4.53% | $262K | Equity (common) | Italy | EUR |
| 2 | ArcelorMittal SA ARCELORMITTAL COMMON STOCK | LU1598757687 | 4.30% | $249K | Equity (common) | Netherlands | EUR |
| 3 | Shin-Etsu Chemical Co., Ltd. SHIN-ETSU CHEMICAL CO LTD COMMON STOCK | JP3371200001 | 4.16% | $240K | Equity (common) | Japan | JPY |
| 4 | Canadien Pacifique Kansas City Limitee CANADIAN PACIFIC KANSAS CITY COMMON STOCK | CA13646K1084 | 3.17% | $183K | Equity (common) | Canada | CAD |
| 5 | POSCO Holdings Inc. POSCO HOLDINGS INC COMMON STOCK | KR7005490008 | 3.14% | $181K | Equity (common) | South Korea | KRW |
| 6 | Cemex, S.A.B. de C.V. CEMEX SAB-SPONS ADR PART CER DEPOSITARY RECEIPT | US1512908898 | 3.13% | $181K | Equity (common) | United States | USD |
| 7 | Canadian National Railway Company CANADIAN NATL RAILWAY CO COMMON STOCK | CA1363751027 | 3.11% | $180K | Equity (common) | Canada | CAD |
| 8 | KOMATSU LTD. KOMATSU LTD COMMON STOCK | JP3304200003 | 3.10% | $179K | Equity (common) | Japan | JPY |
| 9 | Epiroc Aktiebolag EPIROC AB-A COMMON STOCK | SE0015658109 | 3.04% | $176K | Equity (common) | Sweden | SEK |
| 10 | Cellnex Telecom S.A. CELLNEX TELECOM SA COMMON STOCK | ES0105066007 | 2.82% | $163K | Equity (common) | Spain | EUR |
| 11 | Holcim AG HOLCIM LTD COMMON STOCK | CH0012214059 | 2.79% | $162K | Equity (common) | Switzerland | CHF |
| 12 | TATA STEEL LIMITED TATA STEEL LTD COMMON STOCK | INE081A01020 | 2.77% | $160K | Equity (common) | India | INR |
| 13 | Ferrovial N.V. FERROVIAL NV COMMON STOCK | NL0015001FS8 | 2.71% | $156K | Equity (common) | Spain | EUR |
| 14 | VINCI SA VINCI SA COMMON STOCK | FR0000125486 | 2.66% | $154K | Equity (common) | France | EUR |
| 15 | LARSEN AND TOUBRO LIMITED LARSEN & TOUBRO LTD COMMON STOCK | INE018A01030 | 2.34% | $135K | Equity (common) | India | INR |
| 16 | Heidelberg Materials AG HEIDELBERG MATERIALS AG COMMON STOCK | DE0006047004 | 2.27% | $131K | Equity (common) | Germany | EUR |
| 17 | ULTRATECH CEMENT LIMITED ULTRATECH CEMENT LTD COMMON STOCK | INE481G01011 | 2.25% | $130K | Equity (common) | India | INR |
| 18 | NIPPON STEEL CORPORATION NIPPON STEEL CORP COMMON STOCK | JP3381000003 | 2.23% | $129K | Equity (common) | Japan | JPY |
| 19 | EIFFAGE SA EIFFAGE COMMON STOCK | FR0000130452 | 2.11% | $122K | Equity (common) | France | EUR |
| 20 | JSW STEEL LIMITED JSW STEEL LTD COMMON STOCK | INE019A01038 | 2.07% | $120K | Equity (common) | India | INR |
| 21 | LS ELECTRIC CO., LTD LS ELECTRIC CO LTD COMMON STOCK | KR7010120004 | 1.98% | $115K | Equity (common) | South Korea | KRW |
| 22 | BLUESCOPE STEEL LIMITED BLUESCOPE STEEL LTD COMMON STOCK | AU000000BSL0 | 1.64% | $95K | Equity (common) | Australia | AUD |
| 23 | ATKINSREALIS GROUP INC. ATKINSREALIS GROUP INC COMMON STOCK | CA04764T1049 | 1.64% | $95K | Equity (common) | Canada | CAD |
| 24 | NKT A/S NKT A/S COMMON STOCK | DK0010287663 | 1.41% | $81K | Equity (common) | Denmark | DKK |
| 25 | NEXANS SA NEXANS SA COMMON STOCK | FR0000044448 | 1.12% | $65K | Equity (common) | France | EUR |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 100.30% | |
| Short-term investment vehicles (cash funds) | −<0.01% |
Country
| Country | Weight | Bar |
|---|---|---|
| India | 16.24% | |
| Japan | 14.34% | |
| Canada | 7.92% | |
| Spain | 7.63% | |
| South Korea | 7.51% | |
| Italy | 7.22% | |
| France | 6.09% | |
| Netherlands | 5.00% | |
| United States | 4.40% | |
| Sweden | 4.26% | |
| Hong Kong | 3.00% | |
| Switzerland | 2.79% | |
| Other (15) | 13.90% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| Euro (EUR) | 30.27% | |
| Indian rupee (INR) | 16.24% | |
| Japanese yen (JPY) | 14.34% | |
| Canadian dollar (CAD) | 7.92% | |
| South Korean won (KRW) | 7.51% | |
| US dollar (USD) | 4.40% | |
| Swedish krona (SEK) | 4.26% | |
| Hong Kong dollar (HKD) | 3.00% | |
| Swiss franc (CHF) | 2.79% | |
| Australian dollar (AUD) | 2.50% | |
| Danish krone (DKK) | 1.41% | |
| British pound (GBP) | 1.25% | |
| Other (7) | 4.42% |
Sector
| Sector | Weight | Bar |
|---|---|---|
| Industrials | 10.67% |
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.4770
- 12-month yield
- 1.61%
- Frequency
- Twice a year
- Latest ex-date
- 29 Jun 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.4770) ÷ latest price ($29.65) × 100 = 1.61%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (4 payments)
| Ex-date | Amount per unit |
|---|---|
| 29 Jun 2026 | $0.2270 |
| 30 Dec 2025 | $0.2500 |
| 27 Jun 2025 | $0.1300 |
| 30 Dec 2024 | $0.0710 |
Filings and sources
- Form N-PORT report for May 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000085030) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- IPAV and VXUS Vanguard Total International Stock ETF
- IPAV and VEA Vanguard FTSE Developed Markets ETF
- IPAV and IEFA iShares Core MSCI EAFE ETF
- IPAV and VWO Vanguard FTSE Emerging Markets ETF