ETF comparison
PAVE vs SHLD
Both Industrials.
Global X U.S. Infrastructure Development ETF · Global X Defense Tech ETF
Holdings overlap
0 positions appear in both funds. Buying equal dollars of PAVE and SHLD would leave roughly 0.0% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
PAVE is 3 bps cheaper than SHLD. On a $100,000 position that's about $30/yr more in fees for SHLD.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with PAVE vs SHLD.
Top shared holdings
0 shared in totalNo shared holdings between these funds.
Only in PAVE
101 total- QUANTA SERVICES, INC. 4.18%
- CSX Corporation 3.48%
- EATON CORPORATION PUBLIC LIMITED COMPANY 3.30%
- HOWMET AEROSPACE INC. 3.27%
- TRANE TECHNOLOGIES PLC 3.19%
- UNION PACIFIC CORPORATION 3.12%
- NUCOR CORPORATION 3.10%
- ROCKWELL AUTOMATION, INC. 2.92%
- NORFOLK SOUTHERN CORPORATION 2.90%
- UNITED RENTALS, INC. 2.87%
Only in SHLD
48 total- LOCKHEED MARTIN CORPORATION 8.42%
- RTX CORPORATION 7.76%
- GENERAL DYNAMICS CORPORATION 7.67%
- PALANTIR TECHNOLOGIES INC. 7.07%
- Rheinmetall Aktiengesellschaft 5.76%
- BAE SYSTEMS PLC 4.88%
- L3HARRIS TECHNOLOGIES, INC. 4.69%
- HANWHA AEROSPACE CO., LTD. 4.40%
- LEONARDO - SOCIETA PER AZIONI 4.35%
- THALES SA 4.27%
Related comparisons
More comparisons with PAVE
- PAVE vs IFRA · iShares U.S. Infrastructure ETF 38.2%
- PAVE vs FIDU · Fidelity MSCI Industrials Index ETF 26.6%
- PAVE vs XLI · State Street Industrial Select Sector SPDR ETF 25.9%
- PAVE vs VIS · Vanguard Industrials Index Fund ETF Shares 25.3%
- PAVE vs IYJ · iShares U.S. Industrials ETF 22.0%
- PAVE vs AIRR · First Trust RBA American Industrial RenaissanceTM ETF 13.8%
More comparisons with SHLD
- SHLD vs PPA · Invesco Aerospace & Defense ETF 39.3%
- SHLD vs ITA · iShares U.S. Aerospace & Defense ETF 28.7%
- SHLD vs XAR · State Street SPDR S&P Aerospace & Defense ETF 25.1%
- SHLD vs XLI · State Street Industrial Select Sector SPDR ETF 10.3%
- SHLD vs FIDU · Fidelity MSCI Industrials Index ETF 10.1%
- SHLD vs VIS · Vanguard Industrials Index Fund ETF Shares 9.3%
Percentages are holdings overlap with the named fund.
Open PAVE or SHLD at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.