ETF comparison
PAVE vs XLI
Both Industrials.
Global X U.S. Infrastructure Development ETF · State Street Industrial Select Sector SPDR ETF
Holdings overlap
20 positions appear in both funds. Buying equal dollars of PAVE and XLI would leave roughly 25.9% 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
XLI is 39 bps cheaper than PAVE. On a $100,000 position that's about $390/yr more in fees for PAVE.
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 XLI.
Top shared holdings
20 shared in total| # | Holding | In PAVE | In XLI | Overlap |
|---|---|---|---|---|
| 1 | EATON CORPORATION PUBLIC LIMITED COMPANY | 3.30% | 2.87% | 2.87% |
| 2 | UNION PACIFIC CORPORATION | 3.12% | 2.80% | 2.80% |
| 3 | DEERE & COMPANY | 2.86% | 2.77% | 2.77% |
| 4 | PARKER-HANNIFIN CORPORATION | 2.48% | 2.14% | 2.14% |
| 5 | TRANE TECHNOLOGIES PLC | 3.19% | 1.88% | 1.88% |
| 6 | QUANTA SERVICES, INC. | 4.18% | 1.88% | 1.88% |
| 7 | HOWMET AEROSPACE INC. | 3.27% | 1.87% | 1.87% |
| 8 | CSX Corporation | 3.48% | 1.53% | 1.53% |
| 9 | EMERSON ELECTRIC CO. | 2.64% | 1.39% | 1.39% |
| 10 | UNITED RENTALS, INC. | 2.87% | 1.23% | 1.23% |
| 11 | NORFOLK SOUTHERN CORPORATION | 2.90% | 1.23% | 1.23% |
| 12 | FASTENAL COMPANY | 2.71% | 0.96% | 0.96% |
Only in PAVE
81 total- NUCOR CORPORATION 3.10%
- SEMPRA 2.86%
- CRH PUBLIC LIMITED COMPANY 2.41%
- STEEL DYNAMICS, INC. 2.06%
- VULCAN MATERIALS COMPANY 2.03%
- MARTIN MARIETTA MATERIALS, INC. 1.90%
- Amrize AG 1.63%
- MASTEC, INC. 1.62%
- STERLING INFRASTRUCTURE, INC. 1.43%
- ATI INC 1.29%
Only in XLI
61 total- Caterpillar Inc 8.51%
- General Electric Co 6.77%
- GE Vernova Inc 5.48%
- RTX Corp 4.43%
- Boeing Co/The 2.96%
- Uber Technologies Inc 2.55%
- Vertiv Holdings Co 2.23%
- Lockheed Martin Corp 1.79%
- Cummins Inc 1.71%
- General Dynamics Corp 1.56%
Related comparisons
More comparisons with PAVE
- 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%
- PAVE vs PPA · Invesco Aerospace & Defense ETF 11.6%
- PAVE vs ITA · iShares U.S. Aerospace & Defense ETF 7.0%
- PAVE vs XAR · State Street SPDR S&P Aerospace & Defense ETF 6.5%
More comparisons with XLI
- XLI vs ITA · iShares U.S. Aerospace & Defense ETF 24.0%
- XLI vs XAR · State Street SPDR S&P Aerospace & Defense ETF 18.3%
- XLI vs IFRA · iShares U.S. Infrastructure ETF 15.5%
- XLI vs SHLD · Global X Defense Tech ETF 10.3%
- XLI vs JETS · U.S. Global Jets ETF 5.8%
- XLI vs AIRR · First Trust RBA American Industrial RenaissanceTM ETF 2.4%
Percentages are holdings overlap with the named fund.
Open PAVE or XLI 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.