Trane Technologies plc

United Rentals

Eaton

Parker-Hannifin

Quanta Services

Howmet Aerospace

Emerson Electric

Sempra Energy

Martin Marietta Materials

Fastenal

Global X U.S. Infrastructure Development ETF

PAVE tracks a market-cap-weighted index of US-listed companies that derive the majority of their revenue from or have a stated business purpose related to infrastructure development.

Alerian MLP ETF

First Trust NASDAQ Cybersecurity ETF

Amplify Cybersecurity ETF

iShares U.S. Energy ETF

iShares U.S. Technology ETF

Invesco KBW Bank ETF

SPDR S&P Regional Banking ETF

FlexShares STOXX Global Broad Infrastructure Index Fund

VanEck Vectors Oil Services ETF

VanEck Vectors Semiconductor ETF

Vanguard Financials ETF

Vanguard Information Technology ETF

Vanguard Utilities ETF

Materials Select Sector SPDR Fund

Communication Services Select Sector SPDR Fund

Energy Select Sector SPDR Fund

Financial Select Sector SPDR Fund

Industrial Select Sector SPDR Fund

Technology Select Sector SPDR Fund

Consumer Staples Select Sector SPDR Fund

Real Estate Select Sector SPDR Fund

Utilities Select Sector SPDR Fund

Health Care Select Sector SPDR Fund

The S&P 500 Index has returned nearly 81% since the last presidential election, with a wide disparity between sector performance. The S&P 500's gains since Nov. 3, 2020 reflect an annual return of nearly 16%, an impressive figure.

Breaking Down S&P 500 Returns by Sector Since 2020 Election

Vanguard Short-Term Bond ETF

Capital Group Dividend Value ETF

Dimensional Short-Duration Fixed Income ETF

WisdomTree India Earnings Fund

Franklin FTSE India ETF

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

iShares MSCI India ETF

PIMCO Enhanced Short Maturity Active ETF

VanEck Merk Gold Trust

VanEck Vectors Pharmaceutical ETF

Schwab US Dividend Equity ETF

iShares 20+ Year Treasury Bond ETF

Vanguard Long-Term Treasury ETF

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

Blurring the lines between conference and festival, this year's Future Proof brought thousands of attendees to the summery shores of Huntington Beach in Los Angeles.

DoubleLine's Jeff Gundlach on the Fed, Gold and Private Credit

TCW ARTIFICIAL INTELLIGENCE ETF

WisdomTree Japan Hedged Equity Fund

WisdomTree International Hedged Quality Dividend Growth Fund

Parametric Equity Premium Income ETF

American Century U.S. Quality Growth ETF

Global X Defense Tech ETF

Throughout 2024, equities have mainly demonstrated strong performance. They've inspired investors to bolster their equity exposure through a variety of ETF products.

Highlights From the Q4 2024 Equity Symposium

Avantis U.S. Small Cap Value ETF

Eaton Vance Floating-Rate ETF

American Century Focused Dynamic Growth ETF

iShares S&P 500 Value ETF

iShares S&P 500 Growth ETF

iShares Russell 2000 Growth ETF

I know many people have not looked at their portfolios or portfolio statements since the beginning of the summer (or perhaps longer). Upon review they might see the iShares S&P 500 Growth (IVW) was up approximately 25% for the year as of mid-September.

Positioning Equity Portfolios for Q4

The Global X U.S. Infrastructure Development ETF has outperformed in recent years due to a favorable macroeconomic backdrop. I believe several of the sectors' tailwinds are now set to reverse. Despite recent alpha generation, PAVE's long-term performance is in-line with the overall S&P 500, suggesting possible mean reversion and limited upside.

PAVE: Time To Hit The Brakes

PAVE ETF invests in U.S. infrastructure-related companies, benefiting from government spending and long-term infrastructure needs, with a 0.47% expense ratio and $7.88 billion AUM. The ETF has a projected 10.43% earnings growth rate, but I conservatively estimate 7.8-9.7%, suggesting a 9.41% annual return. PAVE's valuation is decent but not compelling due to election uncertainty and potential longer-term overvaluation, with a current P/E ratio of 20.93x which might not hold.

PAVE: U.S. Infrastructure Stocks Have Potential, But With Risks To Longer-Term Valuations

First Trust S-Network Streaming and Gaming ETF

Invesco Next Gen Media and Gaming ETF

Amplify Online Retail ETF

Global X Infrastructure Development EX-US ETF

iShares Virtual Work and Life Multisector ETF

iShares US Manufacturing ETF

ProShares On-Demand ETF

Proshares Online Retail ETF

Tema American Reshoring ETF

SP Plus

Direxion Work From Home ETF

You have probably seen This or That games across social media. This is a just-for-fun version for ETF fans that covers some of the biggest themes among equity ETFs.

This or That: ETF Themes Edition

Blackrock Flexible Income ETF

iShares 10+ Year Investment Grade Corporate Bond ETF

iShares Core S&P Small Cap ETF

Global X U.S. Preferred ETF

VanEck Preferred Securities ex Financials ETF

Invesco QQQ

VictoryShares Small Cap Free Cash Flow ETF

Aberdeen Standard Gold ETF Trust

SPDR Portfolio Long Term Treasury ETF

 SPDR Blackstone Senior Loan ETF

Vanguard Small-Cap ETF

Vanguard Long-Term Corporate Bond ETF

Vanguard Real Estate ETF

Vanguard Russell 2000 ETF

Invesco S&P SmallCap Momentum ETF

The first cut is the deepest — so they say. As with all complicated relationships, this mantra may certainly ring true for the Federal Reserve and the markets — at least from a psychological standpoint.

Positioning Ahead of the Fed: ETFs for a Lower Rate Era

Launched on 03/06/2017, the Global X U.S. Infrastructure Development ETF (PAVE) is a passively managed exchange traded fund designed to provide a broad exposure to the Utilities - Infrastructure segment of the equity market.

Should You Invest in the Global X U.S. Infrastructure Development ETF (PAVE)?

JPMorgan Sustainable Infrastructure ETF

iShares US Infrastructure ETF

iShares U.S. Aerospace & Defense ETF

Aztlan North America Nearshoring Stock Selection ETF

Invesco Aerospace & Defense ETF

Engine No 1 Transform Supply Chain ETF

SPDR S&P Aerospace & Defense ETF

It's been a rocky August so far for U.S. investors. They have been yet again reminded markets don't only move in one direction.

Bipartisan Common Ground Could Create Investment Opportunities

Innovator Equity Bond-Alternative ETF

Cambria Core Equity ETF

iShares Core Dividend Growth ETF

iShares Russell 1000 Value ETF

JPMorgan Equity Premium Income ETF

Global X NASDAQ 100 Covered Call ETF

SPDR Portfolio S&P 500 Value ETF

Vanguard Health Care ETF

Vanguard Dividend Appreciation ETF

Vanguard Value ETF

A defensive investment minimizes risk and protects your portfolio during market downturns. It involves investing in stable, low-volatility stocks that have a history of consistent performance, even during economic downturns.

5 ETF Strategies to Follow Amid the Current Market Turmoil

Caterpillar

Vulcan Materials

The U.S. desperately needs better infrastructure, which, if addressed soon, could create a massive boom in infrastructure stocks. Right now, we're in bad shape.

The Top 3 Infrastructure Stocks to Buy Now: Summer 2024

SPDR S&P Global Infrastructure ETF

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Positive factors impacting the outlook for U.S. infrastructure ETFs are strong demand for U.S. infrastructure improvement and bipartisan support for government funding.

IFRA: U.S. Infrastructure Is A Solid Bet, Just Not This ETF

On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the Global X US Infrastructure Development ETF (PAVE) with Chuck Jaffe of “Money Life.” The pair talked about several topics regarding the fund to give investors a deeper understanding of the ETF overall.

VIDEO: ETF of the Week: Global X US Infrastructure Development ETF (PAVE)

VettaFi's Head of Research Todd Rosenbluth discussed the Global X US Infrastructure Development ETF (PAVE) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.

ETF of the Week: Global X US Infrastructure Development ETF (PAVE)

Global growth estimates for 2024 are increasing, but election risk is causing volatility in some markets, with infrastructure firms showing some weakness. The Global X U.S. Infrastructure Development ETF has seen a surge in assets under management, but its valuation and momentum are concerning after the big rally since Q4 2023. PAVE has high exposure to cyclical sectors and has endured relative weakness recently, but bullish seasonal trends may support near-term price action.

PAVE: AI Luster Loses Steam Among U.S. Infrastructure Plays (Rating Downgrade)

Pacer US Cash Cows 100 ETF

First Trust SMID Cap Rising Dividend Achievers ETF

A year ago, I highlighted three ETFs to buy with memorable tickers that also possessed stellar past performances. All three let me down, averaging a one-year gain of 2.5%.

The Ticker Tape All-Stars: 3 ETFs With Clever Names and Impressive Returns

Vanguard Mega Cap Value ETF

iShares MSCI USA Quality Factor ETF

Invesco S&P 500 Quality ETF

Invesco S&P 500 Low Volatility ETF

iShares Edge MSCI Min Vol USA ETF

Investors might consider several investment strategies to navigate the May-October period more effectively that could lead to a winning portfolio.

Should You Sell in May and Go Away? 5 ETF Strategies to Follow

Global X Cybersecurity ETF

Global X Copper Miners ETF

Copper is a way to play investment in renewable energy technology and the electrification-of-everything trend. The growth of cyberattacks and the increasing amount of data stored online is driving long-term growth for cybersecurity companies.

3 Red-Hot ETFs Set to Soar Over the Next Decade

Direxion Auspice Broad Commodity Strategy ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

VanEck Commodity Strategy ETF

AXS Astoria Real Assets ETF

VanEck Inflation Allocation ETF

Vanguard Short-Term Inflation-Protected Securities ETF

Concerns about inflation are top of mind again, with consumer prices and producer prices rising higher last week. This impacted the bond market as well as commodity prices.

Renewed Focus on Inflation

Oppenheimer predicts a 5% increase in the S&P 500 by the end of the year. Infrastructure stocks, such as the Global X U.S. Infrastructure Development ETF, present a buying opportunity. Several Texas-based companies, including Sterling Infrastructure and Powell Industries, have seen significant stock price increases due to infrastructure investments.

PAVE: Infrastructure Stocks Pave The Way To New Market Highs

Global X Artificial Intelligence & Technology ETF

ProShares Bitcoin Strategy ETF

Global X Robotics & Artificial Intelligence ETF

Amplify Seymour Cannabis ETF

AdvisorShares Pure US Cannabis ETF

AdvisorShares MSOS 2x Daily ETF

Roundhill Cannabis ETF

iShares Emerging Markets Infrastructure ETF

AGF Global Infrastructure ETF

Invesco AI and Next Gen Software ETF

Legg Mason Global Infrastructure ETF

iShares Robotics & Artificial Intelligence Multisector ETF

Subversive Cannabis ETF

Amplify Alternative Harvest ETF

Amplify US Alternative Harvest ETF

First Trust Alerian US NextGen

Vaneck Green Infrastructure ETF

First Trust Nasdaq Artificial Intelligence & Robotics ETF

Robo Global Artificial Intelligence ETF

Cambria Cannabis ETF

ProShares DJ Brookfield Global Infrastructure ETF

Themes Generative Artificial Intelligence ETF

Wisdomtree Artificial Intelligence And Innovation Fund

AdvisorShares Pure Cannabis ETF 

ARK 21Shares Bitcoin ETF

Bitwise Bitcoin ETP Trust

2x Bitcoin Strategy ETF

Valkyrie Bitcoin Fund

Invesco Galaxy Bitcoin Etf

WisdomTree Bitcoin Fund

Franklin Bitcoin ETF

Fidelity Wise Origin Bitcoin Fund

VanEck Bitcoin Trust

iShares Bitcoin Trust

As the first quarter comes to a close, clearly, there have been some thematic winners in terms of flows and investment performance. Artificial Intelligence AI-themed ETFs remain among the top recipients of investor flows this year.

ETF Themes That Dominated in Q1 2023

News for Global X U.S. Infrastructure Development ETF ETF (PAVE)