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Data as of .

PAVE vs SOXX: which is really different?

SOXX holds 73.8% of its weight in S&P 500 companies and PAVE 63.1%.

Global X U.S. Infrastructure Development ETF and iShares Semiconductor ETF, side by side, thematic ETFs on ETFIQ.

63.1%PAVE in the S&P 500
73.8%SOXX in the S&P 500
+15.7%PAVE total return, 1 year
+107.5%SOXX total return, 1 year

ETFIQ Off-Index Score: PAVE scores higher

How much of it is not the index it is sold as an alternative to?

PAVE 41.4SOXX 14.30.1, the lowest in this set91.6, the highest

A percentile among the 371 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

PAVE37% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
63%37%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 97% · top ten 32% of the fund · 102 holdings filed Sep 11, 2026 · Nasdaq-100: 6% in63%37%in the S&P 500outsideactive share 97% · top ten 32% of the fund
SOXX26% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
74%26%of its weight in S&P 500 companiesoutside the S&P 500active share 82% · top ten 62% of the fund · 32 holdings filed Sep 10, 2026 · Nasdaq-100: 65% in74%26%in the S&P 500outsideactive share 82% · top ten 62% of the fund

What they hold in common

By the books each fund has filed, PAVE and SOXX hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in PAVEOnly in SOXX
DEERE & CO 3.53%NVIDIA 9.22%
NUCOR CORP 3.42%MICRON TECHNOLOGY 8.97%
FASTENAL CO 3.40%ADVANCED MICRO DEVICES 8.70%
EMERSON ELECTRIC CO 3.35%BROADCOM INC 7.20%
EATON CORP PLC 3.27%INTEL CORPORATION 5.64%
QUANTA SERVICES INC 3.17%MARVELL TECHNOLOGY 4.93%
PARKER HANNIFIN CORP 3.07%TAIWAN SEMICONDUCTOR MANUFACTURING 4.74%
UNION PACIFIC CORP 2.98%APPLIED MATERIAL INC 4.50%

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 dated Sep 10, 2026 and Sep 11, 2026.

Performance, window by window

PAVE and SOXX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
PAVESOXXPAVESOXXPAVESOXX
3 months−6.2%−11.6%−9.5 pts−14.9 pts−5.4 pts−10.8 pts
6 months+8.0%+59.3%−8.0 pts+43.2 pts−12.7 pts+38.6 pts
1 year+15.7%+107.5%−1.8 pts+90.0 pts−7.3 pts+84.5 pts
3 years+76.8%+229.6%−1.1 pts+151.7 pts−18.3 pts+134.5 pts
Since launch+289.6%+3687.1%+14.1 pts+2882.7 pts−194.1 pts+2013.2 pts
Open the live comparison on ETFIQ
PAVE and SOXX on the same fields, as of Sep 11, 2026. Source: ETFIQ.
PAVE
Global X U.S. Infrastructure Development ETF
Holds 102 stocks in infrastructure, 63% of its weight in S&P 500 companies
SOXX
iShares Semiconductor ETF
Holds 32 stocks in semiconductors, 74% of its weight in S&P 500 companies
IssuerGlobal XiShares
ThemeInfrastructureSemiconductors
In the S&P 50063.1%73.8%
Active share vs the S&P 50097.2%82.3%
In the Nasdaq-1006.3%65.2%
Holdings10232
Top ten, share of the fund32.1%62.2%
Expense ratio0.47%0.33%
Fee for the differing part0.48%0.40%
Total return, 1 year+15.7%+107.5%
vs the S&P 500−1.8 pts+90.0 pts
vs the Nasdaq-100−7.3 pts+84.5 pts
Below its high−9.7%−19.5%

PAVE in plain words

By weight, 63% 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 102 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned +15.7% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 1.8 pts. It sits 9.7% below its all-time high of Jun 25, 2026.

SOXX in plain words

By weight, 74% of SOXX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 62% of the fund across 32 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +107.5% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 90.0 pts. It sits 19.5% below its all-time high of Jun 22, 2026.

Questions people ask

Which is more different from the S&P 500, PAVE or SOXX?
PAVE has 63% of its weight in S&P 500 names and SOXX has 74%, so PAVE differs more from the index.
Which is cheaper, PAVE or SOXX?
PAVE charges 0.47% a year and SOXX charges 0.33%, so SOXX 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.

PAVE against SOXX, ETFIQ, data as of Sep 11, 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 SOXX, data as of Sep 11, 2026. https://etfiq.com/compare/themes/pave-vs-soxx Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources