PAVE vs. GRID ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)

PAVE

Global X U.S. Infrastructure Development ETF

PAVE Description

The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.

Grade (RS Rating)

Last Trade

$38.13

Average Daily Volume

1,495,930

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.58

Average Daily Volume

46,959

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	GRID
30 Days	-4.08%	-1.11%
60 Days	2.56%	5.50%
90 Days	11.49%	12.44%
12 Months	39.95%	18.97%

11 Overlapping Holdings

Symbol	Grade	Weight in PAVE	Weight in GRID	Overlap
ACA	C	0.3%	0.03%	0.03%
ATKR	A	0.53%	1.12%	0.53%
EMR	C	3.09%	0.5%	0.5%
ETN	A	3.45%	8.46%	3.45%
HUBB	A	1.71%	3.79%	1.71%
MTZ	B	0.54%	0.04%	0.04%
MYRG	B	0.31%	0.43%	0.31%
PWR	A	2.92%	4.03%	2.92%
TRMB	C	1.2%	0.1%	0.1%
VMI	F	0.36%	0.03%	0.03%
WCC	F	0.65%	0.05%	0.05%

PAVE Overweight 85 Positions Relative to GRID

Symbol	Grade	Weight
MLM	A	3.18%
PH	A	3.14%
TT	A	3.13%
NUE	D	3.04%
URI	B	2.97%
DE	B	2.81%
VMC	C	2.77%
NSC	D	2.76%
CSX	D	2.71%
SRE	B	2.7%
FAST	C	2.65%
UNP	C	2.63%
ROK	D	2.45%
FTV	D	2.31%
HWM	B	2.12%
STLD	D	1.81%
BLDR	C	1.8%
WLK	B	1.57%
RS	D	1.5%
J	C	1.49%
CSL	A	1.47%
IEX	D	1.42%
EME	A	1.27%
GGG	D	1.21%
RPM	D	1.14%
LECO	D	1.1%
PNR	C	1.07%
ACM	A	1.03%
BLD	C	1.0%
WMS	C	0.99%
RRX	C	0.89%
CLF	F	0.86%
TTEK	A	0.8%
WWD	A	0.73%
X	D	0.71%
EXP	B	0.7%
AYI	C	0.62%
RBC	D	0.58%
AA	A	0.53%
ATI	A	0.52%
CMC	D	0.52%
MLI	A	0.5%
POWL	B	0.48%
BMI	A	0.45%
ZWS	D	0.45%
LPX	C	0.43%
TPC	A	0.43%
CENX	A	0.43%
MDU	A	0.42%
DXPE	B	0.42%
DNOW	B	0.4%
SUM	C	0.39%
AGX	A	0.38%
STRL	B	0.37%
PRIM	A	0.37%
KNF	A	0.35%
USLM	A	0.35%
EXPO	A	0.34%
DY	A	0.34%
HRI	D	0.34%
ROAD	B	0.33%
ASTE	A	0.33%
TEX	B	0.33%
CRS	A	0.32%
GVA	A	0.32%
HAYN	A	0.31%
MWA	A	0.31%
MRC	D	0.31%
GRC	D	0.31%
CACC	D	0.3%
CSWI	A	0.3%
NWPX	D	0.3%
GBX	A	0.3%
HEES	D	0.3%
MTX	B	0.29%
CMCO	C	0.29%
WNC	D	0.28%
IIIN	F	0.28%
TRN	A	0.28%
MTRN	D	0.27%
RYI	F	0.26%
ROCK	D	0.24%
TITN	F	0.23%
CTOS	F	0.22%
CALX	F	0.18%

PAVE Underweight 33 Positions Relative to GRID

Symbol	Grade	Weight
ABBV	D	-8.3%
JCI	A	-7.81%
APTV	F	-3.5%
ENPH	D	-2.66%
NVT	A	-2.06%
NVDA	B	-1.99%
CSCO	D	-1.47%
ORCL	C	-1.46%
TSLA	D	-1.4%
QCOM	B	-1.36%
IBM	D	-1.25%
GE	A	-1.14%
TXN	B	-1.12%
HON	C	-1.02%
ADI	A	-0.7%
ITRI	A	-0.67%
SEDG	F	-0.52%
AEIS	D	-0.49%
NXPI	B	-0.37%
FLNC	B	-0.15%
AMSC	C	-0.08%
WLDN	A	-0.07%
AES	B	-0.07%
GNRC	A	-0.06%
PLPC	D	-0.06%
LFUS	D	-0.04%
ENS	D	-0.03%
ESE	B	-0.02%
STM	D	-0.02%
BDC	C	-0.02%
DGII	B	-0.01%
AZZ	B	-0.01%
EBR	D	-0.0%

GRID: Top Represented Industries & Keywords

Industries: Electronic Components Semiconductors Diversified Industrials Engineering & Construction Scientific & Technical Instruments Communication Equipment Specialty Industrial Machinery Auto Manufacturers Auto Parts Drug Manufacturers - Major Electronics Distribution Industrial Distribution Information Technology Services Infrastructure Operations Metal Fabrication Semiconductor Equipment & Materials Software - Infrastructure Solar Utilities - Diversified Utilities - Regulated Electric