{"url":"https://etfiq.com/compare/themes/gunr-vs-pave","section":"compare","title":"GUNR vs PAVE: Holdings Overlap & Returns | ETFIQ","description":"27.1% of GUNR and 62.9% of PAVE is already in the S&P 500 by weight, as filed. Returns and overlap to Nov 4, 2026.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which is more different from the S&P 500, GUNR or PAVE?","acceptedAnswer":{"@type":"Answer","text":"GUNR has 27% of its weight in S&P 500 names and PAVE has 63%, so GUNR differs more from the index."}},{"@type":"Question","name":"Which is cheaper, GUNR or PAVE?","acceptedAnswer":{"@type":"Answer","text":"GUNR charges 0.46% a year and PAVE charges 0.47%, so GUNR is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"GUNR vs PAVE","item":"https://etfiq.com/compare/themes/gunr-vs-pave"}]},{"@type":"WebPage","name":"GUNR vs PAVE: Holdings Overlap & Returns","description":"27.1% of GUNR and 62.9% of PAVE is already in the S&P 500 by weight, as filed. Returns and overlap to Nov 4, 2026.","url":"https://etfiq.com/compare/themes/gunr-vs-pave","dateModified":"2026-11-04","abstract":"PAVE holds 62.9% of its weight in S&P 500 companies and GUNR 27.1%.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of GUNR and PAVE","description":"27.1% of GUNR and 62.9% of PAVE is already in the S&P 500 by weight, as filed. Returns and overlap to Nov 4, 2026.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/gunr-vs-pave","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":5258,"truncated":true,"content":"ETFIQ / Thematic ETFs / Compare ETFs / GUNR vs PAVE \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n GUNR vs PAVE: Holdings Overlap & Returns\n\n PAVE holds 62.9% of its weight in S&P 500 companies and GUNR 27.1%.\n Copy this for sharing \n \n GUNR costs 0.01 points a year less; their one-year returns differ by 12.6 points.\n GUNR and PAVE at a glance. As of Nov 4, 2026. Source: ETFIQ. GUNR PAVE \n Expense ratio 0.46% 0.47% \n Net assets, GUNR as of Jul 31, 2026 and PAVE as of Oct 12, 2026 $7.2bn $13.6bn \n Total return, 1 year +26.8% +14.2% \n What it tracks Natural resources Infr","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, GUNR against PAVE, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gunr-vs-pave","a":{"ticker":"GUNR","name":"Northern Trust Morningstar Global Upstream Natural Resources ETF","issuer":"Northern Trust","desk":"themes","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, GUNR returned 26.8%.","url":"https://etfiq.com/funds/gunr","key_facts":[{"label":"Already in the S&P 500","value":"27.1%","as_of":"2026-11-04","source":null},{"label":"Active share vs the S&P 500","value":"98.3%","as_of":"2026-11-04","source":"ETFIQ"},{"label":"Top ten holdings","value":"36.6%","as_of":"2026-11-04","source":null},{"label":"Total return, 1 year","value":"+26.8%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"2.9%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Sep 18, 2026","value":"$0.3663","as_of":"2026-09-18","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$7.2bn","as_of":"2026-07-31","source":"SEC filing, whole fund, as filed for Jul 31, 2026"},{"label":"Expense ratio","value":"0.46%","as_of":"2026-08-14","source":"497 XBRL, Aug 14, 2026"}]},"b":{"ticker":"PAVE","name":"Global X U.S. Infrastructure Development ETF","issuer":"Global X","desk":"themes","as_of":"2026-11-04","verdict":"Between Aug 31, 2026 and Oct 30, 2026, PAVE lost 2.2%, against \u22122.1% for its own holdings.","url":"https://etfiq.com/funds/pave","key_facts":[{"label":"Already in the S&P 500","value":"62.9%","as_of":"2026-08-31","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"97.2%","as_of":"2026-08-31","source":"ETFIQ"},{"label":"Top ten holdings","value":"31.7%","as_of":"2026-08-31","source":"its SEC filing (Form N-PORT)"},{"label":"Total return, 1 year","value":"+14.2%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"0.9%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid annually), ex-date Jun 29, 2026","value":"$0.1027","as_of":"2026-06-29","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$13.6bn","as_of":"2026-10-12","source":"issuer page, as of Oct 12, 2026"},{"label":"Expense ratio","value":"0.47%","as_of":"2026-03-27","source":"485BPOS XBRL, Mar 27, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/themes/gunr-vs-pave"}