Data as of .
PAVE vs XT: which is really different?
XT holds 64.0% of its weight in S&P 500 companies and PAVE 63.1%.
ETFIQ Off-Index Score: PAVE scores higher
How much of it is not the index it is sold as an alternative to?
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
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 | 3.35% | 0.82% |
| EATON CORP PLC | 3.27% | 0.44% |
| ROCKWELL AUTOMATION INC | 2.96% | 0.44% |
| HUBBELL INC | 1.45% | 0.21% |
| LINCOLN ELECTRIC HOLDINGS | 0.83% | 0.13% |
| Only in PAVE | Only in XT |
|---|---|
| DEERE & CO 3.53% | MICROSOFT 4.21% |
| NUCOR CORP 3.42% | NVIDIA 4.18% |
| FASTENAL CO 3.40% | ELI LILLY 3.90% |
| QUANTA SERVICES INC 3.17% | TESLA INC 3.55% |
| PARKER HANNIFIN CORP 3.07% | TEXAS INSTRUMENT INC 3.55% |
| UNION PACIFIC CORP 2.98% | JOHNSON & JOHNSON 3.48% |
| CSX CORP 2.95% | ANALOG DEVICES 2.88% |
| TRANE TECHNOLOGIES PLC 2.94% | AMAZON.COM INC 2.87% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| PAVE | XT | PAVE | XT | PAVE | XT | |
| 3 months | −6.2% | +0.7% | −9.5 pts | −2.6 pts | −5.4 pts | +1.5 pts |
| 6 months | +8.0% | +18.0% | −8.0 pts | +2.0 pts | −12.7 pts | −2.7 pts |
| 1 year | +15.7% | +25.7% | −1.8 pts | +8.2 pts | −7.3 pts | +2.8 pts |
| 3 years | +76.8% | +63.3% | −1.1 pts | −14.6 pts | −18.3 pts | −31.8 pts |
| Since launch | +289.6% | +279.7% | +14.1 pts | −61.9 pts | −194.1 pts | −340.9 pts |
| PAVE Global X U.S. Infrastructure Development ETF Holds 102 stocks in infrastructure, 63% of its weight in S&P 500 companies | XT iShares Future Exponential Technologies ETF Holds 192 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Global X | iShares |
| Theme | Infrastructure | Broad innovation and megatrends |
| In the S&P 500 | 63.1% | 64.0% |
| Active share vs the S&P 500 | 97.2% | 67.4% |
| In the Nasdaq-100 | 6.3% | 38.8% |
| Holdings | 102 | 192 |
| Top ten, share of the fund | 32.1% | 33.8% |
| Expense ratio | 0.47% | 0.46% |
| Fee for the differing part | 0.48% | 0.68% |
| Total return, 1 year | +15.7% | +25.7% |
| vs the S&P 500 | −1.8 pts | +8.2 pts |
| vs the Nasdaq-100 | −7.3 pts | +2.8 pts |
| Below its high | −9.7% | −3.2% |
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.
XT in plain words
By weight, 64% 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 34% of the fund across 192 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +25.7% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 8.2 pts.
Questions people ask
- Which is more different from the S&P 500, PAVE or XT?
- PAVE has 63% of its weight in S&P 500 names and XT has 64%, 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 11, 2026. https://etfiq.com/compare/themes/pave-vs-xt Free to use with attribution; the underlying files are at Open data.