IPAV ETF — Global X Infrastructure Development ex-U.S. ETF

Global X Infrastructure Development ex-U.S. ETF (IPAV)

Updated October 16, 2026.

IPAV is an ETF. its distribution rate is 1.53%, its trailing-12-month yield is 1.61%, its expense ratio is 0.55%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 22.1% over the past 2.1 years, 18.2 points behind SPY at 40.3%.

Global X Infrastructure Development ex-U.S. ETF is an ETF that tracks an index of infrastructure development companies listed in international developed and emerging markets outside the U.S., holding common stocks, ADRs, and GDRs with a net asset base in the low millions. The fund carries a modest current distribution rate, pays distributions semi-annually, and has an expense ratio of 0.55%. It appeals to income and growth-oriented investors seeking international infrastructure exposure outside the United States.

IPAV performance versus SPY

Price and return data through 2026-10-16.

Total return is 22.1% over the past 2.1 years, 18.2 points behind SPY at 40.3%. Over the past year its total return — price change plus distributions reinvested — is 4.1%. Its deepest 1-year drawdown was 15.7%.

IPAV key facts

Distribution Safety Score™

50 · Unproven

Issuer

Global X

Asset type

ETF

Asset class

Equity

Inception date

08/27/2024

Expense ratio

0.55%

Distribution rate

1.53%

Distribution frequency

Semi-Annual

Trailing yield

1.61%

Last close

$29.59 (as of 2026-10-16)

AUM

$5,989,673

Average volume

366.0

Dividend

$0.2267

Ex-dividend date

06/29/2026

Payment date

07/07/2026

Beta

1.0694

How Dividend Vision calculates yield and returns

Distribution rate (1.53%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.61%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Global X or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IPAV risks and drawbacks

IPAV's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 15.7%.

Who may consider IPAV — and who may not

It is a weaker fit for investors who need monthly cash flow (IPAV pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on IPAV

• All tickers starting with I

Tagged: International, Infrastructure.

Frequently asked questions

More securities from Global X.