PAVE vs. HWAY ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to Themes US Infrastructure ETF (HWAY)

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

$45.38

Average Daily Volume

1,110,201

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HWAY

Themes US Infrastructure ETF

HWAY Description

The index is designed to provide exposure to U.S. companies that have business operations involving the building materials, equipment, logistics, construction, and engineering services used for the development and maintenance of infrastructure projects. It will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.32

Average Daily Volume

392

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	HWAY
30 Days	9.35%	7.64%
60 Days	11.83%	9.73%
90 Days	15.65%
12 Months	45.99%

57 Overlapping Holdings

Symbol	Grade	Weight in PAVE	Weight in HWAY	Overlap
AA	B	0.51%	0.78%	0.51%
ACA	A	0.35%	0.38%	0.35%
ACM	B	1.02%	1.02%	1.02%
AGX	B	0.79%	0.13%	0.13%
ATI	D	0.5%	0.53%	0.5%
ATKR	C	0.23%	0.25%	0.23%
BLD	D	0.8%	0.74%	0.74%
BLDR	D	1.56%	1.46%	1.46%
CENX	B	0.43%	0.09%	0.09%
CLF	F	0.4%	0.4%	0.4%
CMC	B	0.48%	0.52%	0.48%
CR	A	0.69%	0.62%	0.62%
CRS	A	0.59%	0.65%	0.59%
CSL	C	1.53%	1.44%	1.44%
CSX	B	2.37%	4.32%	2.37%
DE	A	2.36%	4.18%	2.36%
DNOW	B	0.34%	0.11%	0.11%
DY	D	0.38%	0.41%	0.38%
EME	C	1.63%	1.65%	1.63%
EMR	A	3.13%	4.96%	3.13%
EXP	A	0.74%	0.67%	0.67%
FAST	B	2.74%	3.3%	2.74%
GBX	A	0.34%	0.15%	0.15%
GGG	B	1.05%	1.08%	1.05%
GVA	A	0.49%	0.32%	0.32%
HEES	B	0.27%	0.14%	0.14%
HRI	B	0.43%	0.41%	0.41%
IEX	B	1.21%	1.2%	1.2%
J	F	1.24%	1.2%	1.2%
KNF	A	0.37%	0.38%	0.37%
MDU	D	0.25%	0.27%	0.25%
MLI	C	0.71%	0.77%	0.71%
MLM	B	2.73%	2.52%	2.52%
MRC	B	0.3%	0.08%	0.08%
MYRG	B	0.25%	0.17%	0.17%
NSC	B	2.54%	4.21%	2.54%
NUE	C	1.98%	2.47%	1.98%
PWR	A	3.28%	3.43%	3.28%
ROAD	A	0.49%	0.29%	0.29%
ROCK	C	0.21%	0.16%	0.16%
RS	B	1.24%	1.13%	1.13%
STLD	B	1.55%	1.42%	1.42%
STRL	B	0.59%	0.41%	0.41%
SUM	B	0.4%	0.43%	0.4%
TEX	D	0.25%	0.26%	0.25%
TPC	C	0.75%	0.07%	0.07%
TRN	B	0.34%	0.23%	0.23%
TTEK	F	0.76%	0.78%	0.76%
UNP	C	2.25%	4.15%	2.25%
URI	B	3.41%	3.91%	3.41%
USLM	A	0.71%	0.07%	0.07%
VMC	B	2.62%	2.62%	2.62%
VMI	B	0.49%	0.52%	0.49%
WCC	B	0.74%	0.67%	0.67%
WMS	D	0.71%	0.63%	0.63%
X	C	0.56%	0.64%	0.56%
ZWS	B	0.47%	0.43%	0.43%

PAVE Overweight 41 Positions Relative to HWAY

Symbol	Grade	Weight
TT	A	3.76%
PH	A	3.45%
ETN	A	3.45%
HWM	A	3.25%
SRE	A	2.93%
ROK	B	2.19%
FTV	C	1.85%
HUBB	B	1.64%
PNR	A	1.22%
RPM	A	1.22%
TRMB	B	1.22%
WLK	D	1.13%
POWL	C	0.89%
LECO	B	0.83%
RRX	B	0.8%
MTZ	B	0.75%
WWD	B	0.72%
AYI	B	0.71%
RBC	A	0.64%
PRIM	A	0.56%
LPX	B	0.56%
DXPE	B	0.5%
BMI	B	0.45%
CSWI	A	0.44%
NWPX	A	0.43%
MWA	B	0.4%
EXPO	D	0.35%
MTX	B	0.29%
GRC	A	0.29%
HAYN	C	0.27%
ASTE	B	0.25%
MTRN	C	0.23%
CMCO	B	0.23%
CXT	B	0.22%
IIIN	C	0.21%
WNC	C	0.18%
CTOS	C	0.18%
RYI	C	0.17%
MTUS	C	0.17%
CALX	D	0.16%
TITN	C	0.13%

PAVE Underweight 40 Positions Relative to HWAY

Symbol	Grade	Weight
CAT	B	-4.1%
GWW	B	-3.71%
WAB	B	-2.45%
XYL	D	-2.11%
DOV	A	-1.95%
OC	A	-1.21%
FIX	A	-1.16%
POOL	C	-0.97%
AIT	A	-0.75%
FLR	B	-0.68%
DCI	B	-0.65%
UFPI	B	-0.59%
OSK	B	-0.54%
R	B	-0.53%
TREX	C	-0.52%
SSD	D	-0.52%
APG	B	-0.47%
AZEK	A	-0.46%
AGCO	D	-0.46%
WTS	B	-0.45%
VNT	B	-0.44%
SKY	A	-0.41%
BCC	B	-0.38%
SWX	B	-0.34%
MSM	C	-0.27%
VRRM	D	-0.26%
NPO	A	-0.26%
CVCO	A	-0.22%
AZZ	B	-0.16%
ALG	B	-0.14%
HLIO	B	-0.12%
APOG	B	-0.12%
WS	B	-0.11%
LNN	B	-0.1%
BXC	B	-0.09%
NVEE	F	-0.09%
KALU	C	-0.09%
JBI	F	-0.07%
GLDD	B	-0.03%
NVRI	F	-0.02%