ETF comparison
PAVE vs PPA
Both Industrials.
Global X U.S. Infrastructure Development ETF · Invesco Aerospace & Defense ETF
Holdings overlap
6 positions appear in both funds. Buying equal dollars of PAVE and PPA would leave roughly 12.1% 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 11 bps cheaper than PPA. On a $100,000 position that's about $110/yr more in fees for PPA.
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 PPA.
Top shared holdings
6 shared in total| # | Holding | In PAVE | In PPA | Overlap |
|---|---|---|---|---|
| 1 | PARKER-HANNIFIN CORPORATION | 3.13% | 3.69% | 3.13% |
| 2 | HOWMET AEROSPACE INC. | 2.69% | 4.48% | 2.69% |
| 3 | EATON CORPORATION PUBLIC LIMITED COMPANY | 3.05% | 2.15% | 2.15% |
| 4 | ATI INC | 1.64% | 1.56% | 1.56% |
| 5 | CARPENTER TECHNOLOGY CORPORATION | 1.40% | 1.61% | 1.40% |
| 6 | WOODWARD, INC. | 1.19% | 1.29% | 1.19% |
Only in PAVE
94 total- DEERE & COMPANY 3.38%
- FASTENAL COMPANY 3.36%
- EMERSON ELECTRIC CO. 3.32%
- NUCOR CORPORATION 3.26%
- UNION PACIFIC CORPORATION 3.11%
- NORFOLK SOUTHERN CORPORATION 3.09%
- CRH PUBLIC LIMITED COMPANY 3.03%
- CSX Corporation 3.01%
- QUANTA SERVICES, INC. 2.93%
- TRANE TECHNOLOGIES PUBLIC LIMITED COMPANY 2.92%
Only in PPA
56 total- RTX Corp. 8.30%
- General Electric Co. 7.11%
- Boeing Co. (The) 6.87%
- Lockheed Martin Corp. 6.64%
- General Dynamics Corp. 4.96%
- Northrop Grumman Corp. 4.75%
- Honeywell Aerospace Inc. 4.09%
- L3Harris Technologies, Inc. 3.83%
- Elbit Systems Ltd. 3.49%
- Axon Enterprise, Inc. 3.20%
Related comparisons
More comparisons with PAVE
- PAVE vs AIRR · First Trust RBA American Industrial RenaissanceTM ETF 12.0%
- PAVE vs ITA · iShares U.S. Aerospace & Defense ETF 6.9%
- PAVE vs XAR · State Street SPDR S&P Aerospace & Defense ETF 6.9%
- PAVE vs IGF · iShares Global Infrastructure ETF 1.6%
- PAVE vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.2%
- PAVE vs XLK · State Street Technology Select Sector SPDR ETF 0.1%
More comparisons with PPA
- PPA vs AIRR · First Trust RBA American Industrial RenaissanceTM ETF 4.8%
- PPA vs JETS · U.S. Global Jets ETF 4.5%
- PPA vs XLK · State Street Technology Select Sector SPDR ETF 2.9%
- PPA vs VGT · Vanguard Information Technology Index Fund ETF Shares 2.6%
- PPA vs IFRA · iShares U.S. Infrastructure ETF 2.3%
- PPA vs IGF · iShares Global Infrastructure ETF 0.0%
Percentages are holdings overlap with the named fund.
Open PAVE or PPA 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.