Which is more different from the S&P 500, PAVE or RIFR?

PAVE has 64% of its weight in S&P 500 names and RIFR has 57%, so RIFR differs more from the index.

Which is cheaper, PAVE or RIFR?

PAVE charges 0.47% a year and RIFR charges 0.59%, so PAVE is cheaper. Fees come from each fund's prospectus.

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PAVE vs RIFR: which is really different?

PAVE holds 63.9% of its weight in S&P 500 companies and RIFR 57.3%. Global X U.S. Infrastructure Development ETF and Russell Investments Global Infrastructure ETF.

PAVE costs 0.12 points a year less; their one-year returns differ by 7.1 points; PAVE is far larger, $13.6bn against $43m.

	PAVE	RIFR
Expense ratio	0.47%	0.59%
Net assets, PAVE as of Oct 8, 2026 and RIFR as of Jun 30, 2026	$13.6bn	$43m
Total return, 1 year	+13.2%	+6.1%
What it tracks	Infrastructure	Infrastructure
Holdings in common	not published
S&P 500, total return, 1 year	+17.3%
Against the S&P 500, 1 year	behind by 4.1 pts	behind by 11.1 pts
Below its all-time high	10.8%, high on Jun 25, 2026	6.3%, high on Feb 27, 2026

63.9%

PAVE in the S&P 500

57.3%

RIFR in the S&P 500

+13.2%

PAVE total return, 1 year

+6.1%

RIFR total return, 1 year

PAVE · 1 year to Oct 9, 202636% of its weight is outside the S&P 500

64% of PAVE's weight is in S&P 500 companies and 36% is outside the index. Holdings as of Oct 8, 2026.

RIFR · 1 year to Oct 9, 202643% of its weight is outside the S&P 500

57% of RIFR's weight is in S&P 500 companies and 43% is outside the index. Holdings as of Jun 30, 2026.

ETFIQ Off-Index Score · RIFR scores higherHow much of it is not the index it is sold as an alternative to?

PAVE 40.2

RIFR 42.6

0.1, the lowest in this set92.3, the highest

A percentile among the 391 thematic ETFs with a holdings filing. All thematic ETFs ranked by it → How it is computed →

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	PAVE	RIFR	PAVE	RIFR	PAVE	RIFR
3 months	−5.7%	−5.3%	−9.1 pts	−8.7 pts	−9.4 pts	−9.0 pts
6 months	−2.0%	−5.3%	−17.2 pts	−20.5 pts	−25.2 pts	−28.5 pts
1 year	+13.2%	+6.1%	−4.1 pts	−11.1 pts	−10.4 pts	−17.5 pts
3 years	+78.0%	not published	−7.8 pts	not published	−29.3 pts	not published
Since launch PAVE Mar 2017 · RIFR May 2025	+285.0%	+13.9%	+1.6 pts	−20.8 pts	−228.9 pts	−32.0 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

PAVE

Global X U.S. Infrastructure Development ETF · Holds 100 stocks in infrastructure, 64% of its weight in S&P 500 companies

RIFR

Russell Investments Global Infrastructure ETF · Holds 61 stocks in infrastructure, 57% of its weight in S&P 500 companies

Issuer Global X Russell Investments

Theme Infrastructure Infrastructure

In the S&P 500 63.9% 57.3%

Active share vs the S&P 500 97.2% 97.5%

In the Nasdaq-100 6.5% 9.1%

Holdings 100 61

Top ten, share of the fund 32.9% 37.6%

Expense ratio 0.47% 0.59%

Fee for the differing part 0.48% 0.61%

Total return, 1 year +13.2% +6.1%

vs the S&P 500 −4.1 pts −11.1 pts

vs the Nasdaq-100 −10.4 pts −17.5 pts

Below its high −10.8% −6.3%

Net assets, PAVE as of Oct 8, 2026 and RIFR as of Jun 30, 2026 $13.6bn $43m

As of Oct 9, 2026. Source: ETFIQ.

PAVE in plain words

By weight, 64% 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 33% of the fund across 100 positions, as published by its issuer for Oct 8, 2026. Over the year to Oct 9, 2026 the fund returned +13.2% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 4.1 pts. It sits 10.8% below its all-time high of Jun 25, 2026.

RIFR in plain words

By weight, 57% of RIFR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 38% of the fund across 61 positions, as filed for Jun 30, 2026. Over the year to Oct 9, 2026 the fund returned +6.1% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 11.1 pts. It sits 6.3% below its all-time high of Feb 27, 2026.

Questions people ask

Which is more different from the S&P 500, PAVE or RIFR?: PAVE has 64% of its weight in S&P 500 names and RIFR has 57%, so RIFR differs more from the index.
Which is cheaper, PAVE or RIFR?: PAVE charges 0.47% a year and RIFR charges 0.59%, so PAVE is cheaper. Fees come from each fund's prospectus.

Other comparisons

PAVE vs RBLD PAVE vs GII PAVE vs BKGI PAVE vs UPGR RIFR vs IGF RIFR vs IFRA RIFR vs GII RIFR vs TOLZ

PAVE on its own →RIFR on its own →How every figure is computed →Standards and sources →

Where these figures came from

PAVE filings on SEC EDGAR ↗PAVE prospectus with the expense ratio (SEC) ↗Global X page for PAVE ↗RIFR filings on SEC EDGAR ↗RIFR prospectus with the expense ratio (SEC) ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

It is a position in a set, not a rating, and neither end of it is a recommendation.

Every figure is an ETFIQ calculation with distributions reinvested.

Cite this page

ETFIQ, PAVE against RIFR, data as of Oct 9, 2026. https://etfiq.com/compare/themes/pave-vs-rifr

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.