PAVE vs IAGG

Comparison between GLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF (PAVE, ETF) and ISHARES CORE INTERNATIONAL AGGREGATE BOND ETF (IAGG, ETF).

5-Year PerformancePAVE has outperformed IAGG, delivering a return of +17.7% compared to +1.1%

PAVE vs IAGG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAVE(ETF)	IAGG(ETF)
Net Assets	$13B	$13B
Expense Ratio	0.47%	0.07%
Max Drawdown	44.08%	15.86%
Sharpe Ratio	1.83	-0.42
5Y Beta	1.07	0.03
P/E Ratio	36.31	N/A
Forward P/E	23.72	N/A
5Y Dividends CAGR	31.45%	15.92%
5Y EPS CAGR	16.06%	N/A
Debt to Equity	38.69%	N/A
P/S Ratio	2.55	N/A
P/B Ratio	4.24	N/A

Net Assets

Winner

PAVE

$13B

IAGG

$13B

Expense Ratio

PAVE

0.47%

Winner

IAGG

0.07%

Max Drawdown

PAVE

44.08%

Winner

IAGG

15.86%

Sharpe Ratio

Winner

PAVE

1.83

IAGG

-0.42

5Y Beta

PAVE

1.07

Winner

IAGG

0.03

P/E Ratio

PAVE

36.31

IAGG

N/A

Forward P/E

PAVE

23.72

IAGG

N/A

5Y Dividends CAGR

Winner

PAVE

31.45%

IAGG

15.92%

5Y EPS CAGR

PAVE

16.06%

IAGG

N/A

Debt to Equity

PAVE

38.69%

IAGG

N/A

P/S Ratio

PAVE

2.55

IAGG

N/A

P/B Ratio

PAVE

4.24

IAGG

N/A

PAVE vs IAGG - Historical Returns

Returns include dividend reinvestment.

Period	PAVE	IAGG
1 month	+2.73%	-0.05%
3 months	+3.46%	-0.79%
6 months	+18.11%	-0.13%
1 year	+37.27%	+2.38%
5 years(CAGR)	+17.65%	+1.13%
10 years(CAGR)	+16.51%	+2.21%
Max(CAGR)	+16.51%	+2.43%

Winner

PAVE

+2.73%

IAGG

-0.05%

Winner

PAVE

+3.46%

IAGG

-0.79%

Winner

PAVE

+18.11%

IAGG

-0.13%

Winner

PAVE

+37.27%

IAGG

+2.38%

5Y(CAGR)

Winner

PAVE

+17.65%

IAGG

+1.13%

10Y(CAGR)

Winner

PAVE

+16.51%

IAGG

+2.21%

Max(CAGR)

Winner

PAVE

+16.51%

IAGG

+2.43%

PAVE vs IAGG - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	PAVE	IAGG
2026	+15.70%	+0.25%
2025	+19.84%	+3.18%
2024	+19.14%	+4.89%
2023	+30.96%	+7.70%
2022	-6.23%	-10.50%
2021	+38.38%	-1.82%
2020	+19.91%	+4.29%
2019	+32.56%	+7.93%
2018	-20.25%	+3.24%
2017	+14.10%	+2.38%
2016	N/A	+4.91%
2015	N/A	-0.09%

PAVE vs IAGG Drawdown Comparison

The maximum drawdown for PAVE was -44.08%, occurring on Mar 23, 2020. Recovery took 182 trading sessions.

The maximum drawdown for IAGG was -13.88%, occurring on Oct 14, 2022. Recovery took 1027 trading sessions.

The current PAVE drawdown is -3.14%. The current IAGG drawdown is -1.55%.

Rank	PAVE	IAGG
#1	-44.08% Jan 17, 2020 - Oct 7, 2020	-13.88% Dec 31, 2020 - Feb 4, 2025
#2	-27.83% Jan 26, 2018 - Nov 26, 2019	-5.93% Mar 9, 2020 - Jul 30, 2020
#3	-26.23% Nov 25, 2024 - Jul 23, 2025	-3.93% Sep 7, 2016 - Oct 31, 2017
#4	-22.61% Jan 4, 2022 - Jan 31, 2023	-3.70% Dec 8, 2017 - Dec 18, 2018
#5	-13.34% Sep 1, 2023 - Dec 13, 2023	-2.32% Feb 27, 2026 - Mar 27, 2026
#6	-11.91% Feb 24, 2026 - Apr 23, 2026	-2.07% Aug 28, 2019 - Jan 29, 2020
#7	-11.65% Mar 3, 2023 - Jun 15, 2023	-1.67% Feb 28, 2025 - Apr 16, 2025
#8	-10.11% Jan 12, 2021 - Feb 24, 2021	-1.04% Dec 2, 2015 - Jan 14, 2016
#9	-9.09% May 7, 2021 - Aug 11, 2021	-0.94% Aug 4, 2020 - Sep 29, 2020
#10	-8.63% Jul 31, 2024 - Sep 19, 2024	-0.85% Apr 30, 2025 - May 30, 2025
#11	-8.51% Aug 12, 2021 - Oct 25, 2021	-0.83% Apr 5, 2016 - May 11, 2016
#12	-8.39% Mar 28, 2024 - Jul 16, 2024	-0.80% Jun 16, 2016 - Jun 27, 2016
#13	-7.53% Mar 15, 2017 - Sep 19, 2017	-0.75% Jul 3, 2019 - Jul 18, 2019
#14	-7.45% Nov 23, 2021 - Jan 4, 2022	-0.73% Feb 5, 2025 - Feb 28, 2025
#15	-6.98% Oct 12, 2020 - Nov 3, 2020	-0.71% Mar 28, 2019 - Apr 30, 2019

Correlation

Correlation between PAVE and IAGG is 0.63 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.63

-101

Dividend Comparison (2015 - 2026)

PAVE vs IAGG dividend yield comparison.

Year	PAVE	IAGG
2026	0.00%	0.60%
2025	0.92%	3.08%
2024	0.54%	4.28%
2023	0.68%	3.55%
2022	0.84%	2.27%
2021	0.48%	1.16%
2020	0.44%	1.95%
2019	0.67%	2.82%
2018	0.78%	3.02%
2017	0.30%	1.74%
2016	0.00%	1.56%
2015	0.00%	0.13%