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NFRA - PAVE: This Infrastructure ETF Is Built For Growth Looking Forward
FlexShares STOXX Global Broad Infrastructure Index Fund
2024-02-05 21:49:52 ET
Summary
Global X U.S. Infrastructure Development ETF is recommended as a buy due to its strong performance and potential for solid returns.
PAVE has a focus on U.S. infrastructure and has a sector weight heaviest on industrials, followed by materials and utilities.
PAVE has outperformed other infrastructure ETFs, with a 5-year compound annual growth rate of 21.40%, but has a relatively high expense ratio and low dividend yield.