Data as of . Every figure is the themes desk's own, on published data.
PAVE vs XT
2% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, PAVE and XT hold 2% of their money in the same securities at the same weight.
| Holding | PAVE | XT |
|---|---|---|
| EMERSON ELECTRIC CO. | 2.64% | 0.84% |
| EATON CORPORATION PUBLIC LIMITED COMPANY | 3.30% | 0.55% |
| ROCKWELL AUTOMATION, INC. | 2.92% | 0.50% |
| HUBBELL INCORPORATED | 1.36% | 0.28% |
| LINCOLN ELECTRIC HOLDINGS, INC. | 0.77% | 0.16% |
| Only in PAVE | Only in XT |
|---|---|
| QUANTA SERVICES, INC. 4.18% | TEXAS INSTRUMENTS INCORPORATED 5.05% |
| CSX Corporation 3.48% | NVIDIA CORPORATION 4.02% |
| HOWMET AEROSPACE INC. 3.27% | ANALOG DEVICES, INC. 4.00% |
| TRANE TECHNOLOGIES PLC 3.19% | MICROSOFT CORPORATION 3.62% |
| UNION PACIFIC CORPORATION 3.12% | TESLA, INC. 3.52% |
| NUCOR CORPORATION 3.10% | ELI LILLY AND COMPANY 3.41% |
| NORFOLK SOUTHERN CORPORATION 2.90% | AMAZON.COM, INC. 3.18% |
| UNITED RENTALS, INC. 2.87% | ALPHABET INC. 2.84% |
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 Apr 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| PAVE | XT | PAVE | XT | PAVE | XT | |
| 3 months | −2.5% | +3.1% | −7.2 pts | −1.6 pts | −4.6 pts | +1.0 pts |
| 6 months | +7.1% | +18.7% | −8.0 pts | +3.5 pts | −13.0 pts | −1.5 pts |
| 1 year | +19.3% | +31.3% | −0.7 pts | +11.3 pts | −6.3 pts | +5.7 pts |
| 3 years | +77.6% | +62.6% | −0.4 pts | −15.3 pts | −15.9 pts | −30.9 pts |
| Since launch | +297.3% | +285.1% | +19.0 pts | −59.8 pts | −189.6 pts | −339.5 pts |
| PAVE Global X U.S. Infrastructure Development ETF | XT iShares Future Exponential Technologies ETF | |
|---|---|---|
| Issuer | Global X | iShares |
| Theme | Infrastructure | Broad innovation and megatrends |
| In the S&P 500 | 62.1% | 65.9% |
| Active share vs the S&P 500 | 97.2% | 66.8% |
| In the Nasdaq-100 | 6.2% | 42.9% |
| Holdings | 100 | 218 |
| Top ten, share of the fund | 32.3% | 34.7% |
| Expense ratio | 0.47% | 0.46% |
| Fee for the differing part | 0.48% | 0.69% |
| Total return, 1 year | +19.3% | +31.3% |
| vs the S&P 500 | −0.7 pts | +11.3 pts |
| vs the Nasdaq-100 | −6.3 pts | +5.7 pts |
| Below its high | −7.9% | −1.8% |
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.
XT in plain words
By weight, 66% of XT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 35% of the fund across 218 positions, as filed for Apr 30, 2026. Over the year to Sep 4, 2026 the fund returned +31.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 11.3 pts.
Questions people ask
- Do PAVE and XT hold the same stocks?
- By their latest filings, 2% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, PAVE or XT?
- PAVE has 62% of its weight in S&P 500 names and XT has 66%, so PAVE differs more from the index.
- Which is cheaper, PAVE or XT?
- PAVE charges 0.47% a year and XT charges 0.46%, so XT is cheaper. Fees come from each fund's prospectus.
Other comparisons
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.
Cite this page. ETFIQ, PAVE against XT, data as of Sep 4, 2026. https://etfiq.com/compare/themes/PAVE-XT.html Free to use with attribution; the underlying files are at Open data.