Which returned more over the last year, PAVE or VOO?

In the year to Sep 4, 2026, with distributions reinvested, PAVE returned +19.3% and VOO returned +20.1%, so VOO returned more. One year is one year; the longer windows are in the table.

Which is cheaper, PAVE or VOO?

PAVE charges 0.47% a year and VOO charges 0.03%, so VOO is cheaper. Fees come from each fund's prospectus.

How much do PAVE and VOO overlap with the S&P 500?

By their latest filed holdings, 62% of PAVE and 100% of VOO by weight is stocks the S&P 500 already holds. Between the two funds, 3% of their books are the same securities at the same weight.

Are PAVE and VOO the same kind of fund?

No. PAVE is a thematic ETF and VOO is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.

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PAVE vs VOO

Name: ETFIQ comparison of PAVE and VOO
Creator: ETFIQ
License: https://etfiq.com/standards/

Global X U.S. Infrastructure Development ETF and Vanguard 500 Index Fund.

What they hold in common

By the books each fund has filed, PAVE and VOO hold 3% of their money in the same securities at the same weight.

Positions PAVE and VOO both hold, largest shared weight first
Holding	PAVE	VOO
EATON CORPORATION PUBLIC LIMITED COMPANY	3.30%	0.26%
UNION PACIFIC CORPORATION	3.12%	0.25%
DEERE & COMPANY	2.86%	0.25%
PARKER-HANNIFIN CORPORATION	2.48%	0.19%
TRANE TECHNOLOGIES PLC	3.19%	0.17%
HOWMET AEROSPACE INC.	3.27%	0.17%
CSX Corporation	3.48%	0.14%
EMERSON ELECTRIC CO.	2.64%	0.12%
CRH PUBLIC LIMITED COMPANY	2.41%	0.11%
NORFOLK SOUTHERN CORPORATION	2.90%	0.11%
UNITED RENTALS, INC.	2.87%	0.11%
SEMPRA	2.86%	0.09%

Largest positions each one holds and the other does not
Only in PAVE	Only in VOO
QUANTA SERVICES, INC. 4.18%	NVIDIA Corp 7.53%
Amrize AG 1.63%	Apple Inc 6.61%
MASTEC, INC. 1.62%	Microsoft Corp 4.31%
STERLING INFRASTRUCTURE, INC. 1.43%	Amazon.com Inc 3.63%
ATI INC 1.29%	Alphabet Inc 3.26%
CARPENTER TECHNOLOGY CORPORATION 1.27%	Broadcom Inc 2.78%
WOODWARD, INC. 1.14%	Alphabet Inc 2.60%
ALCOA CORPORATION 1.09%	Micron Technology Inc 2.02%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Jun 30, 2026 and May 31, 2026.

PAVE and VOO on the fields both publish, as of Sep 4, 2026. Source: ETFIQ.
	PAVE Global X U.S. Infrastructure Development ETF	VOO Vanguard 500 Index Fund
Where it sits	Themes desk	Core fund
Issuer	Global X	Vanguard
What it is	Infrastructure	S&P 500
Total return, 1 year	+19.3%	+20.1%
S&P 500 over the same days	+20.0%	+20.0%
Gap to the S&P 500	−0.7 pts	+0.1 pts
Expense ratio	0.47%	0.03%
Already in the S&P 500	62.1%	100.0%
Holdings	100	506

PAVE in plain words

By weight, 62% of PAVE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 32% of the fund across 100 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +19.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 0.7 pts. It sits 7.9% below its all-time high of Jun 25, 2026.

VOO in plain words

VOO is a index equity fund tracking S&P 500. Over the year to Sep 4, 2026 it returned +20.1% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 36.5%.

Questions people ask

Which returned more over the last year, PAVE or VOO?: In the year to Sep 4, 2026, with distributions reinvested, PAVE returned +19.3% and VOO returned +20.1%, so VOO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, PAVE or VOO?: PAVE charges 0.47% a year and VOO charges 0.03%, so VOO is cheaper. Fees come from each fund's prospectus.
How much do PAVE and VOO overlap with the S&P 500?: By their latest filed holdings, 62% of PAVE and 100% of VOO by weight is stocks the S&P 500 already holds. Between the two funds, 3% of their books are the same securities at the same weight.
Are PAVE and VOO the same kind of fund?: No. PAVE is a thematic ETF and VOO is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

PAVE against VOO, ETFIQ, data as of Sep 4, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, PAVE against VOO, data as of Sep 4, 2026. https://etfiq.com/compare/any/PAVE-VOO.html Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources