ETF · Global X
PAVG Global X U.S. Infrastructure Development UCITS ETF USD
ISIN IE00BLCHJ641London Stock Exchange: PAVGMirae Asset Global Investments Co., Ltd.
- Property & infrastructure
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£36.63
on
- Ongoing charge
- 0.47% a year
- Fund size
- £28.7m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, PAVG (Global X U.S. Infrastructure Development UCITS ETF USD, ISIN IE00BLCHJ641) closed at £36.63 on the London Stock Exchange. Its ongoing charge is 0.47% a year (about £47 on £10,000). Over the five years to 13/11/2026 its price changed by +88.3% (income paid out is not included), or +47.0% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +10.9%
- +7.0% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +65.0%
- +49.1% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +88.3%
- +47.0% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,883 on 13/11/2026 — about £1,470 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Global X U.S. Infrastructure Development UCITS ETF USD in pounds (price only, income paid out not included): 2022 +4.0%, 2023 +24.1%, 2024 +19.7%, 2025 +11.1%; 2026 to 13/11/2026 +10.7%. Returns of Global X U.S. Infrastructure Development UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +11.6%; to 30/09/2025: +15.8%; to 30/09/2024: +23.2%; to 30/09/2023: +19.6%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +10.7% | +7.1% | |
| to | +11.1% | +7.2% | |
| to | +19.7% | +15.6% | |
| +24.1% | +19.2% | ||
| +4.0% | −4.8% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +11.6% | +7.7% |
| from | +15.8% | +11.3% |
| from | +23.2% | +20.0% |
| from | +19.6% | +12.4% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
19.7%over 5 years
| 1 year | 19.8% |
|---|---|
| 3 years | 19.5% |
| 5 years | 19.7% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −25.8%
- From to
- Lowest 12-month return
- −14.7%
- 12 months to
- Highest 12-month return
- +50.8%
- 12 months to
- Below its highest weekly close since November 2021
- 10.4%
- High of , latest
In words: Volatility of Global X U.S. Infrastructure Development UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 19.8% over 1 year, 19.5% over 3 years, 19.7% over 5 years. Largest fall in the price of Global X U.S. Infrastructure Development UCITS ETF USD since November 2021, in pounds: −25.8% from 29/11/2024 to 04/04/2025. The lowest 12-month return of Global X U.S. Infrastructure Development UCITS ETF USD in pounds (price only, income paid out not included) since November 2021 was −14.7% (12 months to 04/04/2025); the highest was +50.8% (12 months to 10/04/2026). On 13/11/2026 the price of Global X U.S. Infrastructure Development UCITS ETF USD was 10.4% below its highest weekly close since November 2021 (26/06/2026), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.47%
- a year
- On £10,000
- £47
- a year, roughly
- Over five years
- £233
- of £10,000, before growth
- 25 charge less
- 3 the same
- 17 charge more
Ongoing charge of Global X U.S. Infrastructure Development UCITS ETF USD 0.47% a year. Compared on 14/11/2026, 17 of the 45 other property and infrastructure funds charge more, 3 the same and 25 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Global X U.S. Infrastructure Development UCITS ETF USD is an exchange-traded fund (ETF) from Global X, launched in 2021.
It tracks the Indxx U.S. Infrastructure Development V2 Index - Benchmark TR Gross.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.47% a year — about £47 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
Property & infrastructure: Property companies (REITs) and infrastructure such as energy networks, roads and data centres.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- PAVG
- ISIN
- IE00BLCHJ641
- Also listed as
- PAVU (London Stock Exchange, US dollars)
- Provider
- Global X
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.47% a year · about £47 on £10,000
- Fund size
- £28.7m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Property & infrastructure
Price chart
Over the last year, the closing price went from £32.78 on 14/11/2025 to £36.63 on 13/11/2026 (+11.8%). The lowest close shown was £32.42 on 21/11/2025 and the highest £40.87 on 26/06/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Weeks missing from our record are filled from the same history. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Funds tracking the same index
2 funds track Indxx U.S. Infrastructure Development V2 Index - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.47% to 0.47% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years |
|---|---|---|---|
| Global X U.S. Infrastructure Development UCITS ETF AccumUSDAccumulating · 0.47% a year | 0.47% | +11.4% | +61.8% |
| Global X U.S. Infrastructure Development UCITS ETF USDThis fundDistributing · 0.47% a year | 0.47% | +10.9% | +65.0% |
As of
Indxx U.S. Infrastructure Development V2 funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 211 rolling 12-month returns since November 2021, and of 107 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core S&P 500 UCITS ETF, over the three years to 13/11/2026 (154 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of PAVG?
The ongoing charge of PAVG is 0.47% a year — about £47 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Global X U.S. Infrastructure Development UCITS ETF USD 0.47% a year. Compared on 14/11/2026, 17 of the 45 other property and infrastructure funds charge more, 3 the same and 25 less (share classes counted once).
What does PAVG track?
PAVG tracks the Indxx U.S. Infrastructure Development V2 Index - Benchmark TR Gross.
Is PAVG accumulating or distributing?
PAVG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of PAVG?
The ISIN of PAVG is IE00BLCHJ641. An ISIN identifies one exact share class of a fund; PAVG is its ticker on the London Stock Exchange. The same share class is also listed as PAVU (London Stock Exchange, US dollars).
What were PAVG’s returns in each of the last five years?
Calendar-year returns of PAVG in pounds (price only, income paid out not included): 2022 +4.0%, 2023 +24.1%, 2024 +19.7%, 2025 +11.1%; 2026 to 13/11/2026 +10.7%. Past performance is not a guide to future returns.
How has PAVG done after inflation?
Over the five years to 13/11/2026 PAVG’s price changed by +88.3% (income paid out is not included), or +47.0% after UK CPIH inflation. Past performance is not a guide to future returns.
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- HPRSHSBC FTSE EPRA/NAREIT DEVELOPED UCITS ETF Acc0.32% a year · £679m
- IPRPiShares European Property Yield UCITS ETF EUR0.40% a year · £635m
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.