Performance analysis of PAVE (GLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF)
Annual Return
Over the past 3 years, PAVE has had an average annual return of +21.71%, outperforming the benchmark SPY, which returned +19.63% annual.
Over the past 5 years, PAVE has had an average annual return of +17.88%, outperforming the benchmark SPY, which returned +12.73% annual.
Since Mar 8, 2017, PAVE has had an average annual return of +16.08%, outperforming the benchmark SPY, which returned +14.90% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +17.81% | +19.37% | +17.92% | +31.01% | -7.18% | +36.43% | +19.70% | +33.26% | -19.15% | +14.10% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.20% | +8.55% | -7.77% | +11.77% | -0.84% | +4.82% | -4.62% | +17.81% | |||||
| 2025 | +4.65% | -4.92% | -6.16% | +1.72% | +8.15% | +5.25% | +4.84% | +1.79% | +2.41% | +1.32% | +0.58% | -0.88% | +19.37% |
| 2024 | -0.41% | +9.91% | +5.54% | -5.83% | +3.23% | -4.13% | +7.94% | -1.35% | +4.41% | -0.10% | +11.21% | -11.33% | +17.92% |
| 2023 | +9.25% | +0.86% | -2.88% | -2.68% | -1.12% | +15.51% | +3.05% | -0.37% | -5.86% | -5.20% | +9.34% | +9.93% | +31.01% |
| 2022 | -8.61% | +1.74% | +5.64% | -7.07% | -1.71% | -11.54% | +15.46% | -2.74% | -9.82% | +12.32% | +7.87% | -4.69% | -7.18% |
| 2021 | -1.93% | +9.95% | +9.57% | +3.04% | +2.60% | -2.64% | +2.83% | +2.79% | -6.65% | +8.77% | -1.55% | +6.17% | +36.43% |
| 2020 | -4.16% | -8.73% | -20.99% | +12.10% | +6.52% | +4.14% | +2.99% | +8.48% | -1.18% | +3.39% | +16.35% | +4.86% | +19.70% |
| 2019 | +11.66% | +4.73% | -0.26% | +4.94% | -10.29% | +10.73% | -0.55% | -5.07% | +5.08% | +2.53% | +5% | +2.61% | +33.26% |
| 2018 | +3.23% | -5.77% | -1.66% | -2.62% | +5.32% | -1.10% | +5.17% | +0.64% | -0.40% | -11.89% | +3.03% | -12.92% | -19.15% |
| 2017 | +0.20% | -0.68% | -2.92% | +2.35% | -0.44% | -0.76% | +6.94% | +0.98% | +3.86% | +4.14% | +14.10% |
Drawdown analysis of PAVE (GLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF)
The maximum drawdown for the PAVE was -44.09%, occurring on Mar 23, 2020. Recovery took 138 trading sessions.
The current PAVE drawdown is -6.15%.
Since Mar 8, 2017 PAVE has experienced the following drawdowns:
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 4 times
- 10% or more: 8 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.09% | Jan 17, 2020 | 44 | Mar 23, 2020 | 138 | Oct 7, 2020 | 182 |
| -27.83% | Jan 26, 2018 | 229 | Dec 24, 2018 | 233 | Nov 26, 2019 | 462 |
| -26.23% | Nov 25, 2024 | 90 | Apr 8, 2025 | 72 | Jul 23, 2025 | 162 |
| -22.61% | Jan 4, 2022 | 117 | Jun 23, 2022 | 152 | Jan 31, 2023 | 269 |
| -13.34% | Sep 1, 2023 | 39 | Oct 27, 2023 | 32 | Dec 13, 2023 | 71 |
| -11.91% | Feb 24, 2026 | 18 | Mar 20, 2026 | 23 | Apr 23, 2026 | 41 |
| -11.65% | Mar 3, 2023 | 10 | Mar 17, 2023 | 62 | Jun 15, 2023 | 72 |
| -10.11% | Jan 12, 2021 | 12 | Jan 29, 2021 | 17 | Feb 24, 2021 | 29 |
| -9.08% | May 7, 2021 | 29 | Jun 18, 2021 | 37 | Aug 11, 2021 | 66 |
| -8.63% | Jul 31, 2024 | 5 | Aug 7, 2024 | 30 | Sep 19, 2024 | 35 |
| -8.51% | Aug 12, 2021 | 27 | Sep 21, 2021 | 24 | Oct 25, 2021 | 51 |
| -8.39% | Mar 28, 2024 | 64 | Jul 1, 2024 | 10 | Jul 16, 2024 | 74 |
| -7.85% | May 6, 2026 | 9 | May 19, 2026 | 19 | Jun 16, 2026 | 28 |
| -7.52% | Mar 15, 2017 | 110 | Aug 21, 2017 | 20 | Sep 19, 2017 | 130 |
| -7.45% | Nov 23, 2021 | 5 | Dec 1, 2021 | 23 | Jan 4, 2022 | 28 |
| -6.99% | Jun 25, 2026 | 16 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -6.99% | Oct 12, 2020 | 12 | Oct 28, 2020 | 4 | Nov 3, 2020 | 16 |
| -6.28% | Oct 29, 2025 | 16 | Nov 20, 2025 | 9 | Dec 4, 2025 | 25 |
| -5.32% | Mar 15, 2021 | 6 | Mar 23, 2021 | 3 | Mar 26, 2021 | 9 |
| -4.82% | Jul 16, 2024 | 6 | Jul 24, 2024 | 5 | Jul 31, 2024 | 11 |
| -4.22% | Dec 27, 2023 | 13 | Jan 17, 2024 | 9 | Jan 30, 2024 | 22 |
| -3.97% | Aug 1, 2023 | 17 | Aug 24, 2023 | 6 | Sep 1, 2023 | 23 |
| -3.95% | Jul 25, 2025 | 5 | Aug 1, 2025 | 8 | Aug 13, 2025 | 13 |
| -3.83% | Oct 8, 2025 | 2 | Oct 10, 2025 | 10 | Oct 24, 2025 | 12 |
| -3.76% | Dec 11, 2025 | 4 | Dec 17, 2025 | 11 | Jan 5, 2026 | 15 |