With the new 1.2 trillion USD US infrastructure bill being passed a solid infrastructe ETF is really needed.
PAVE tracks the INDXX U.S. Infrastructure Development Index, which provides exposure to infrastructure activity in the United States through companies that provide raw materials and heavy equipment, as well as companies engaged in physical construction and engineering.
The ETF is composed of companies with various market capitalizations and 92% of its holdings are within two sectors, which are industrials and materials. The index comprises of a blended growth + value strategy.
