---
ticker: "PAVE"
name: "Global X - U.S. Infrastructure Development ETF"
url: "https://etf.net/etf/PAVE"
grade: "A"
score: 75
graded_at: "2026-10-12"
category: "Infrastructure"
category_rank: "3 of 34"
methodology: "https://etf.net/methodology"
---

# PAVE: Global X - U.S. Infrastructure Development ETF

Grade **A**, Score 75 of 100. Rank 3 of 34 in Infrastructure.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 77 | 7 of 34 |
| Mission | Not scored | — |
| Risk | 44 | 24 of 34 |
| Tradability | 98 | 1 of 34 |
| Holdings | 78 | 6 of 32 |
| Durability | 84 | 4 of 34 |

## Top holdings

The fund holds 102 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | EMR | Emerson Electric Co | 3.60% |
| 2 | FAST | Fastenal Co | 3.55% |
| 3 | PWR | Quanta Services Inc | 3.48% |
| 4 | NUE | Nucor Corp | 3.35% |
| 5 | ETN | Eaton Corp PLC | 3.34% |
| 6 | DE | Deere & Co | 3.28% |
| 7 | TT | Trane Technologies PLC | 3.21% |
| 8 | PH | Parker Hannifin Corp | 3.15% |
| 9 | ROK | Rockwell Automation Inc | 3.03% |
| 10 | URI | United Rentals Inc | 2.99% |
| 11 | UNP | Union Pacific Corp | 2.95% |
| 12 | NSC | Norfolk Southern Corp | 2.94% |
| 13 | CSX | Csx Corp | 2.89% |
| 14 | SRE | Sempra | 2.80% |
| 15 | CRH | Crh PLC | 2.68% |
| 16 | HWM | Howmet Aerospace Inc | 2.53% |
| 17 | EME | Emcor Group Inc | 2.12% |
| 18 | STLD | Steel Dynamics Inc | 2.08% |
| 19 | VMC | Vulcan Materials Co | 1.92% |
| 20 | MLM | Martin Marietta Materials | 1.73% |
| 21 | ATI | Ati Inc | 1.58% |
| 22 | HUBB | Hubbell Inc | 1.51% |
| 23 | RS | Reliance Inc | 1.24% |
| 24 | AMRZ | Amrize Ltd | 1.21% |
| 25 | WWD | Woodward Inc | 1.21% |
| 26 | CRS | Carpenter Technology | 1.16% |
| 27 | WCC | Wesco International Inc | 1.08% |
| 28 | FTV | Fortive Corp | 1.05% |
| 29 | IEX | Idex Corp | 1.05% |
| 30 | MTZ | Mastec Inc | 1.01% |

Source: etf.net, https://etf.net/etf/PAVE. Please cite the page URL.