ETF comparison

PAVE vs XLI

Both Industrials.

Global X U.S. Infrastructure Development ETF · State Street Industrial Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
25.5 %

20 positions appear in both funds. Buying equal dollars of PAVE and XLI would leave roughly 25.5% of each dollar exposed to the same underlying securities.

PAVE only 74.6% Shared 25.5% XLI only 74.3%
In PAVE only
81 positions
Shared
20 positions
In XLI only
60 positions

Side by side

PAVE

Global X U.S. Infrastructure Development ETF

Global X · Industrials

73 composite / 100
Expense ratio
0.47%
Net assets
$14.57B
TTM yield
0.76%
Top-10 conc.
32.4%
XLI

State Street Industrial Select Sector SPDR ETF

State Street · Industrials

87 composite / 100
Expense ratio
0.080%
Net assets
$33.96B
TTM yield
1.14%
Top-10 conc.
39.5%

Sub-score comparison

53
Cost
92
84
Tax efficiency
83
100
Liquidity
100
68
Concentration
58
Tracking quality
PAVE sub-score XLI

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 UNION PACIFIC CORPORATION 3.22% 2.85% 2.85%
2 DEERE & COMPANY 3.39% 2.81% 2.81%
3 EATON CORPORATION PUBLIC LIMITED COMPANY 3.16% 2.75% 2.75%
4 PARKER-HANNIFIN CORPORATION 3.01% 2.24% 2.24%
5 HOWMET AEROSPACE INC. 3.39% 1.83% 1.83%
6 TRANE TECHNOLOGIES PLC 3.33% 1.83% 1.83%
7 QUANTA SERVICES, INC. 3.37% 1.62% 1.62%
8 CSX Corporation 3.35% 1.51% 1.51%
9 EMERSON ELECTRIC CO. 2.82% 1.46% 1.46%
10 NORFOLK SOUTHERN CORPORATION 3.06% 1.28% 1.28%
11 FASTENAL COMPANY 2.89% 1.05% 1.05%
12 UNITED RENTALS, INC. 2.47% 0.91% 0.91%

Only in PAVE

81 total
  • SEMPRA 3.15%
  • CRH PUBLIC LIMITED COMPANY 2.71%
  • VULCAN MATERIALS COMPANY 2.26%
  • MARTIN MARIETTA MATERIALS, INC. 2.25%
  • NUCOR CORPORATION 2.24%
  • Amrize AG 1.98%
  • STEEL DYNAMICS, INC. 1.56%
  • MASTEC, INC. 1.30%
  • WOODWARD, INC. 1.28%
  • ATI INC 1.23%

Only in XLI

60 total
  • Caterpillar Inc 6.53%
  • General Electric Co 5.89%
  • RTX Corp 5.13%
  • GE Vernova Inc 4.66%
  • Boeing Co/The 3.09%
  • Uber Technologies Inc 2.93%
  • Honeywell International Inc 2.84%
  • Lockheed Martin Corp 2.42%
  • Vertiv Holdings Co 1.90%
  • Northrop Grumman Corp 1.80%

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.