Global X US Infrastructure Development ETF

When Washington talks about rebuilding roads, bridges, rail and the electric grid, PAVE is the fund built to capture the spending. It tracks the Indxx U.S. Infrastructure Development Index, holding around a hundred domestic companies in construction and engineering, heavy machinery, industrial transport and the raw materials - steel, aggregates, cement - that go into big projects. Global X launched it in 2017, and interest surged after federal infrastructure legislation put hundreds of billions of dollars into play. Unlike older infrastructure funds heavy in utilities and pipelines, PAVE focuses on the builders and suppliers, so it leans toward industrials and materials and behaves more like an economically sensitive cyclical bet. Investors use it as a targeted way to play federal and private spending on physical infrastructure, and to tilt toward domestic manufacturing and construction activity.

On MyRWA, PAVE trades tokenized across 2 on-chain venues - see the listings below.