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

$30.56 +0.01 (+0.03%)
Closing price 10/1/2026 04:10 PM Eastern
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What stocks does IPAV hold?

The Global X Infrastructure Development ex-U.S. ETF (IPAV) has 108 holdings, with ArcelorMittal S.A., Canadian National Railway Company, and Fujikura Ltd. among its largest positions. The top 25 IPAV holdings ordered by weight make up 64.38% of the total fund. IPAV is an equity fund in the sector category that invests in publicly traded companies and other investments, focused on industrials strategies within the Global ex-U.S. region. This page includes a complete IPAV stock holdings list ranked by weight, along with a full breakdown of sector, geographic, industry, and currency exposure.

Top 25 IPAV Holdings

RankCompanyCurrent PriceWeightShares Held
1ArcelorMittal S.A.N/A3.46%2,589
2Canadian National Railway CompanyN/A3.42%1,493
3Fujikura Ltd.N/A3.36%5,579
4Canadian Pacific Kansas City LimitedN/A3.26%1,977
5Larsen & Toubro LimitedN/A3.19%4,155
6Nippon Steel CorporationN/A3.16%38,167
7Vinci SAN/A2.91%1,208
8Holcim AGN/A2.79%1,814
9Shin-Etsu Chemical Co., Ltd.N/A2.74%3,860
10Tata Steel LimitedN/A2.68%71,908
11Doosan Enerbility Co., Ltd.N/A2.64%2,317
12Ferrovial N.V.N/A2.64%2,514
13Heidelberg Materials AGN/A2.62%842
14Prysmian S.p.A.N/A2.60%981
15POSCO Holdings Inc.N/A2.51%578
16Cellnex Telecom, S.A.N/A2.47%4,769
17WEG S.A.N/A2.40%12,900
18Hindalco Industries LimitedN/A2.35%12,174
19
Cemex S.A.B. de C.V. stock logo
CX
Cemex
$9.40
-1.1%
2.31%12,529
20UltraTech Cement LimitedN/A2.19%994
21JSW Steel LimitedN/A1.92%7,589
22LS ELECTRIC Co., Ltd.N/A1.87%653
23Eiffage SAN/A1.73%754
24AtkinsRéalis Group Inc.N/A1.63%1,406
25BlueScope Steel LimitedN/A1.53%3,789

IPAV Geographic Exposure

IPAV's largest geographic exposure is India at 18.9%, followed by Japan at 13.8%.

  • India
    18.9%
  • Japan
    13.8%
  • Korea, Republic of
    8.6%
  • Canada
    8.3%
  • France
    5.7%
  • Italy
    4.9%
  • Netherlands
    4.4%
  • United States
    3.7%
  • Spain
    3.6%
  • Luxembourg
    3.4%
  • Other
    22.0%

IPAV Currency Exposure

IPAV's largest currency exposure is EUR at 24.1%, followed by INR at 16.5%.

  • EUR
    24.1%
  • INR
    16.5%
  • JPY
    13.8%
  • KRW
    8.1%
  • USD
    4.1%
  • CAD
    3.4%
  • CHF
    2.8%
  • AUD
    2.8%
  • BRL
    2.4%
  • HKD
    1.7%
  • Other
    6.6%

IPAV Sector Exposure

IPAV's largest sector exposure is Materials at 44.4%, followed by Industrials at 44.1%.

  • Materials
    44.4%
  • Industrials
    44.1%
  • Communications
    4.7%
  • Technology
    3.6%
  • Energy
    1.2%
  • Utilities
    0.3%

IPAV Industry Exposure

IPAV's largest industry exposure is Metals & Mining at 26.2%, followed by Construction & Engineering at 20.1%.

  • Metals & Mining
    26.2%
  • Construction & Engineering
    20.1%
  • Construction Materials
    14.3%
  • Electrical Equipment
    11.9%
  • Transportation Infrastructure
    4.2%
  • Chemicals
    3.9%
  • Machinery
    3.9%
  • Diversified Telecommunication Services
    3.9%
  • Communications Equipment
    3.6%
  • Ground Transportation
    3.3%
  • Other
    3.1%

IPAV Sub-Industry Exposure

IPAV's largest sub-industry exposure is Steel at 23.8%, followed by Construction & Engineering at 20.1%.

  • Steel
    23.8%
  • Construction & Engineering
    20.1%
  • Construction Materials
    14.3%
  • Electrical Components & Equipment
    11.1%
  • Highways & Railtracks
    4.2%
  • Specialty Chemicals
    3.9%
  • Integrated Telecommunication Services
    3.9%
  • Communications Equipment
    3.6%
  • Railroads
    3.3%
  • Industrial Machinery & Supplies
    3.1%
  • Other
    7.1%

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MarketBeat tracks Global X Infrastructure Development ex-U.S. ETF holdings and portfolio composition, last updated on 9/28/2026.
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