IPAV - ETF AI Analysis
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Global X Infrastructure Development ex-U.S. ETF (IPAV)
IPAV, the Global X Infrastructure Development ex-U.S. ETF, appears to offer a solid but not outstanding overall quality, with its rating driven mainly by strong infrastructure leaders like Larsen & Toubro, Canadian National Railway, and Vinci, which combine healthy financial performance with reasonable valuations and generally supportive momentum. The fund is held back somewhat by weaker names such as Cellnex Telecom and Nippon Steel, where bearish price trends and valuation concerns introduce more uncertainty. The main risk factor is its concentration in non-U.S. infrastructure and industrial companies, which makes the ETF sensitive to global economic cycles and sector-specific challenges.
IPAV vs. SPDR S&P 500 ETF (SPY)
- AUM
- 6.02M
- Region
- Global Ex-U.S.
- Expense Ratio
- 0.55%
- Beta
- 0.84
- Issuer
- Global X
- Inception Date
- Aug 27, 2024
- Dividend Yield
- 1.62%
- Asset Class
- Equity
- Index Tracked
- Global X Infrastructure Development ex-U.S. Index - Benchmark TR Net
IPAV Summary
IPAV is an ETF that follows the Global X Infrastructure Development ex-U.S. Index, focusing on companies that build and maintain roads, railways, energy systems, and communication networks outside the United States. It holds well-known names like Canadian National Railway and ArcelorMittal, giving investors exposure to infrastructure growth in countries such as India, Japan, and Spain. Someone might invest in IPAV to diversify internationally and tap into long-term global infrastructure spending. A key risk is that infrastructure and international stocks can go up and down with the global economy and currency movements.
How much will it cost me?
This ETF has an expense ratio of 0.55%, which means you’ll pay about $5.50 per year for every $1,000 invested. That’s higher than the average low-cost index ETF because it’s a more specialized, theme-focused fund that requires additional research and management.
What would affect this ETF?
This ETF could benefit from increased government spending on transportation, energy, and telecom projects outside the U.S., as well as ongoing urbanization and infrastructure upgrades that support companies like railways, construction firms, and materials producers in Canada, Europe, and Asia. On the negative side, higher interest rates, slower global economic growth, or stricter environmental and construction regulations could hurt infrastructure activity and weigh on the performance of its industrial, materials, and real estate holdings.
IPAV Top 10 Holdings
IPAV is essentially a global infrastructure play, with the heavy lifting done by rail giants Canadian National and Canadian Pacific, both generally steady but not exactly sprinting lately. The real spark comes from rising industrial and materials names like ArcelorMittal and Japan’s Fujikura, which have been powering ahead over the year even if recent momentum is a bit mixed. On the flip side, European construction and telecom players such as Vinci and Cellnex are lagging, acting like a weight in the portfolio. Overall, it’s a diversified, ex-U.S. mix anchored in transportation, materials, and industrial infrastructure across Canada, Europe, and Asia.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 CNI | Canadian National Railway | ― | ― | ― | ― | 77Outperform |
 CP | Canadian Pacific Kansas City | ― | ― | ― | ― | 74Outperform |
 IN:LT | Larsen & Toubro Limited | 3.39% | $203.66K | INR 5.42T | 3.08% | 78Outperform |
 NL:MT | ArcelorMittal | 3.15% | $189.24K | EUR 41.00B | 67.74% | 73Outperform |
 JP:5401 | NIPPON STEEL | 3.11% | $187.06K | JPY 3.53T | 8.54% | 63Neutral |
 CH:HOLN | Holcim | 3.20% | $192.25K | CHF 39.51B | 3.71% | 73Outperform |
 GB:0NQM | Vinci SA | ― | ― | ― | ― | 76Outperform |
 DE:HEI | Heidelberg Materials | 3.19% | $191.51K | EUR 30.15B | -15.43% | 76Outperform |
 ES:FER | Ferrovial | 2.90% | $174.47K | EUR 37.49B | -6.45% | 78Outperform |
 JP:4063 | Shin-Etsu Chemical Co | 2.77% | $166.20K | JPY 11.44T | 24.76% | 69Neutral |
IPAV Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IPAV, the sentiment is Negative. The current price of 29.40 is below the 20-day moving average (MA) of 29.69, below the 50-day MA of 30.74, and below the 200-day MA of 31.82, indicating a bearish trend. The MACD of -0.26 indicates Negative momentum. The RSI at 42.77 is Neutral, neither overbought nor oversold. The STOCH value of 63.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IPAV.
IPAV Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| IPAV | $29.40 | $30.00(2.05% Upside) | $6.02M | 0.55% | 56Neutral |
 HAUZ | $22.04 | $25.20(14.36% Upside) | $1.08B | 0.10% | 55Neutral |
 RWX | $26.32 | $29.19(10.92% Upside) | $235.73M | 0.59% | 56Neutral |
 KWH | $22.76 | $28.56(25.52% Upside) | $54.20M | 0.60% | 62Neutral |
 CSIO | $28.24 | $31.68(12.20% Upside) | $55.08M | 0.65% | 56Neutral |
 RIFR | $29.20 | $31.89(9.19% Upside) | $49.14M | 0.59% | 66Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IPAV | Global X Infrastructure Development ex-U.S. ETF | 29.40 | 1.26 | 4.47% | |
| HAUZ | Xtrackers International Real Estate ETF | 22.04 | -0.50 | -2.20% | |
| RWX | SPDR Dow Jones International Real Estate ETF | 26.32 | -0.63 | -2.32% | |
| KWH | GMO Power Infrastructure ETF | 22.75 | -2.24 | -8.96% | |
| CSIO | Cohen & Steers Infrastructure Opportunities Active ETF | 28.24 | 3.62 | 14.71% | |
| RIFR | Global Infrastructure Active ETF | 29.20 | 3.26 | 12.55% |
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.