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.

Pacer Data And Digital Revolution ETF

Vanguard Small-Cap ETF

Financial Select Sector SPDR Fund

SPDR S&P Semiconductor ETF

Last week, the S&P 500 marked the six-week winning streak. Improved consumer sentiment and upbeat jobs data led to this gain.

Play 5 Top-Ranked ETFs for This Week

Goldman Sachs forecasts global GDP growth of +2.6% in 2024, with US GDP growth just above 2%. The Global X U.S. Infrastructure Development ETF is recommended as a buy, with a healthy valuation and dividend growth. PAVE is focused on the Industrials sector and has a diversified portfolio, but timing entry in February or March 2024 may be more favorable.

PAVE: Expecting Further Infrastructure Strength Heading Into 2024

Lower growth with weighted EPS CAGR of 4% on consensus YE24-YE25 estimates. Expensive relative to growth, with an estimated YE24 PE of 14.7x driving a PEG of 3.4x. Steel stocks and DE (presumably referring to John Deere) are the main drag on the portfolio.

PAVE: Portfolio Composition May Drive Underperformance

Global X U.S. Infrastructure Development ETF is a passively managed exchange-traded fund that provides exposure to the Utilities - Infrastructure segment of the equity market. The PAVE ETF focuses on companies involved in the development of U.S. infrastructure and has showcased impressive performance since its inception. The Infrastructure Investment and Jobs Act of 2021 and other legislative initiatives create potential investment opportunities for PAVE in the infrastructure sector.

PAVE: A Great Long-Term Theme, But Poor Timing Now

iShares US Infrastructure ETF

VanEck Vectors Pharmaceutical ETF

SPDR S&P Health Care Services ETF

SPDR S&P Pharmaceuticals ETF

Value-focused investing comes to rescue if high-growth sectors fail for some reasons.

Cautious on Big Tech & AI? Try These Value-Focused Sector ETFs

PAVE has significantly outperformed the S&P 500 these past few years. Fundamentals have worsened, and fund performance might follow suit. A look at some recent negative developments for PAVE follows.

Is PAVE's Outperformance Set To Continue?

Avantis International Equity ETF

Dimensional US Core Equity 2 ETF

Global X S&P 500 Covered Call ETF

In this week's edition of the ETF Issuer League, firms across multiple ETF AUM tiers have reason to celebrate. Shops including Avantis, Dimensional, Mirae's Global X suite, and boutique Summit Investments all hit strong weekly inflows for their sizes.

ETF Issuer League: Avantis, GlobalX, Summit Up

Industrials- and Materials-sector stocks tend to perform well once the economy revs up following a contraction. While it might be early to own something like PAVE, its low valuation and positive momentum are appealing.

PAVE: Strong Price Action, Attractive Valuation Make It A Buy

iShares U.S. Aerospace & Defense ETF

Invesco S&P SmallCap Consumer Staples ETF

Invesco S&P SmallCap Industrials ETF

SPDR S&P Oil & Gas Equipment & Services ETF

A few ETFs surged to new highs. We have highlighted five of them targeting a specific sector or industry that is hovering at a one-year high.

5 Sector ETFs Hitting 52-Week High

The PAVE ETF is up ~12% and outperformed the S&P 500 by ~11% since my buy-rated article of last April. However, and despite the high inflation and higher interest rate headwinds, this ETF has much farther to run because the infrastructure investment story is just getting started.

The PAVE ETF: Infrastructure Investment Thesis Still Fully Intact

ARK Innovation ETF

Pacer US Cash Cows 100 ETF

US Global Jets ETF

When it comes to "thematics," past performance doesn't always matter.

What Investors Can Learn From Thematic ETFs

Higher inflation impacts infrastructure in two ways: higher interest rates and higher revenues. The impact of higher interest comes first and is visible in the weak performance.

PAVE: Star Performer In A Low Growth High Inflation Scenario

First Trust NASDAQ Global Auto Index Fund

Industrial Select Sector SPDR Fund

Consumer Discretionary Select Sector SPDR Fund

SPDR S&P Transportation ETF

Investors should note that sales are harder to be influenced in an income statement than earnings.

5 Sector ETFs to Play for Revenue Growth Potential

iShares Environmental Infrastructure And Industrials ETF

SPDR S&P Global Infrastructure ETF

AGF Global Infrastructure ETF

iShares Global Infrastructure ETF

FlexShares STOXX Global Broad Infrastructure Index Fund

KraneShares MSCI One Belt One Road Index ETF

SPDR S&P Kensho Intelligent Structures ETF

ProShares DJ Brookfield Global Infrastructure ETF

Global X Data Center REITs & Digital Infrastructure ETF

Why the infrastructure sector has shown resiliency even during times of market volatility. The case for alternative investments to help diversify your portfolio.

Infrastructure: Diversification Through Alternative Investments

Global X Funds-Global X Green Building Etf

While most of the talk in the capital markets is centering on inflation, infrastructure projects are still moving forward despite an increase in material costs. As such, infrastructure-focused exchange-traded funds (ETFs) are worth considering as the White House releases funds from the Infrastructure Investment and Jobs Act passed a year ago.

White House Releases $185 Billion for Infrastructure: An ETF to Ponder

PAVE invests in infrastructure development companies. These companies are cheap, seeing strong growth, and have outperformed for months.

PAVE: Infrastructure ETF, Cheap Valuation, Strong Growth

Two domestic infrastructure funds offer differing views on energy-related spending.

Inflation Reduction Act May Boost Allure of Infrastructure ETFs

Materials Select Sector SPDR Fund

These sectors are likely to log strong revenue growth in the second quarter. So, try these ETFs.

5 Sector ETFs to Tap for Revenue Growth Potential

PAVE is a diversified play on infrastructure with exposure to the top companies. The ETF nearly tripled from the March 2020 low through the early 2022 high.

PAVE ETF Corrects: A Scale-Down Buying Approach Could Be The Optimal Entry Strategy

Global X Lithium & Battery Tech ETF

Global X NASDAQ 100 Covered Call ETF

The top issuer of thematic ETFs entered the Australian marketplace with a splash.

Global X Acquires ETF Securities Australia

The investment case for infrastructure ETFs and the reasons behind putting money in each of the leading candidates.

3 Best Infrastructure ETFs to Watch in 2022

Fidelity Quality Factor ETF

Invesco KBW Bank ETF

iShares Interest Rate Hedged Corporate Bond ETF

AXS Astoria Real Assets ETF

SPDR S&P Dividend ETF

FlexShares Morningstar US Market Factor Tilt Index Fund

iShares Edge MSCI Min Vol USA ETF

We discuss the market outlook and investing ideas for 2022.

ETF Market Outlook & Picks for 2022

First Trust Health Care AlphaDEX Fund

iShares U.S. Home Construction ETF

Invesco Dynamic Food & Beverage ETF

Invesco PureBeta MSCI USA Small Cap ETF

Vanguard Financials ETF

Wall Street has rallied hard lately on vaccine distribution, decent corporate earnings and strong cash pile-up at the household and corporate levels.

Stocks Near Record Highs: Buy 6 Top-Ranked ETFs at Cheap Valuation

Roundhill Sports Betting & iGaming ETF

Defiance Digital Revolution ETF

Proshares Online Retail ETF

Roundhill Ball Metaverse ETF

The year 2021 left behind some huge storylines for investors. The investment themes may carry over into 2022, which could make some thematic ETFs worth considering in January and further into the year.

5 ETFs To With Major Growth Potential In January And Beyond, From Sports Betting To The Metaverse

Global X FinTech ETF

Amplify Online Retail ETF

Global X Social Media ETF

"The mistake that some investors might be making is thinking of thematic investing as only looking at technology," says Global X's Jay Jacobs.

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