2 U.S. Infrastructure ETFs To Buy On Biden's Massive Push

PAVE is currently trading 109.4% above its 52-week low of $11.99. The ETF has gained 91.1% over the past year and 68% over the past nine months. The ETF’s net inflows amounted to $803.69 million over the past month.

PAVE’s POWR Ratings reflect this promising outlook. The ETF has an overall grade of A, which equates to Strong Buy rating in our proprietary ratings system. PAVE also has an A for Trade Grade and Buy & Hold Grade. Click here to see PAVE’s Peer Grade. Of the 33 ETFs in the B-rated Industrials Equities ETFs group, PAVE is ranked #8.

iShares U.S. Infrastructure ETF (IFRA - Get Rating)

IFRA tracks the NYSE FactSet US Infrastructure Index, which is composed of equities of U.S. companies that have infrastructure exposure, thus benefitting from a potential increase in domestic infrastructure activities. The index divides infrastructure companies into two types — enablers, and owners/operators, each with a 50% weighting in the index. The fund has approximately $397 million in assets under management (AUM). The ETF’s major holdings include Kansas City Southern (KSU), Hawaiian Electric Industries, Inc. (HE), and York Water Company (YORW).

IFRA has an expense ratio of 0.40%, which is slightly lower than the category average of 0.43%. It has an MSCI ESG Fund Rating of A, which reflects strong fundamentals with respect to environmental, social, and governance parameters. The ETF distributes an annual dividend of $0.58, which translates to a dividend yield of 1.66%. Its four-year average dividend yield is 1.86%.

IFRA is currently trading 77.7% above its 52-week low of $19.54. The ETF has gained 63.6% over the past year and 48.9% over the past nine months. The ETF’s net inflows amounted to $139.59 million over the past month.

IFRA’s POWR Ratings reflect this promising outlook. The ETF has an overall grade of A, which equates to Strong Buy rating in our proprietary ratings system. IFRA also has an A for Trade Grade and Buy & Hold Grade. Click here to see IFRA’s Peer Grade. It is ranked #20 in the same group.

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