What's going on with infrastructure stocks?

While investors look ahead to another exciting week of earnings in the stock market, infrastructure stocks just got a boost. Namely, the U.S. House of Representatives passed the highly anticipated $1 trillion bipartisan infrastructure bill. The likes of which encompass transport, broadband, and utility funding among other related sectors.

How much does infrastructure cost?

Specifically, $900 billion on transportation, $700 billion on "Made in America," $490 billion on clean energy, and $300 billion on other infrastructure. In a survey conducted by the 2020 Global Infrastructure Index, 79% agreed that investment in infrastructure will create new jobs and boost the economy.

What does infrastructure mean?

Infrastructure can mean the foundation upon which the structure of an economy is built. Infrastructure includes a variety of systems and structures where physical components are required such as the electrical grid across a city, state, or country.

Which infrastructure stocks are a good ETF?

The ticker symbol says it all. The ETF currently holds roughly 100 infrastructure stocks – top 10 holdings include four names on this list: DE, VMC, NU and ETN – and sports a tolerable expense ratio of 0.47%. PAVE is reasonably large for a thematic ETF with assets of $5.0 billion.