PAVE vs. MADE ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to iShares Trust iShares U.S. Manufacturing ETF (MADE)

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

$40.99

Average Daily Volume

1,136,514

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MADE

iShares Trust iShares U.S. Manufacturing ETF

MADE Description

The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.01

Average Daily Volume

1,392

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	MADE
30 Days	6.11%	3.64%
60 Days	4.46%	5.10%
90 Days	10.72%
12 Months	34.73%

22 Overlapping Holdings

Symbol	Grade	Weight in PAVE	Weight in MADE	Overlap
ATKR	F	0.25%	0.25%	0.25%
AYI	B	0.63%	0.63%	0.63%
BMI	B	0.49%	0.25%	0.25%
CR	B	0.66%	0.29%	0.29%
CSWI	B	0.42%	0.22%	0.22%
DE	A	2.66%	4.24%	2.66%
ETN	C	3.4%	3.76%	3.4%
FTV	C	2.05%	2.27%	2.05%
GGG	C	1.09%	0.57%	0.57%
HUBB	B	1.71%	1.73%	1.71%
HWM	B	3.02%	0.72%	0.72%
IEX	C	1.2%	0.62%	0.62%
LECO	D	0.81%	0.91%	0.81%
MWA	B	0.38%	0.13%	0.13%
PH	B	3.36%	3.11%	3.11%
PNR	B	1.19%	0.63%	0.63%
ROK	D	2.22%	2.59%	2.22%
RRX	C	0.87%	0.85%	0.85%
TRN	C	0.34%	0.24%	0.24%
TT	B	3.79%	3.39%	3.39%
WWD	C	0.76%	0.2%	0.2%
ZWS	B	0.45%	0.19%	0.19%

PAVE Overweight 76 Positions Relative to MADE

Symbol	Grade	Weight
URI	B	3.45%
PWR	B	3.17%
SRE	B	2.89%
EMR	D	2.78%
MLM	D	2.76%
NSC	C	2.62%
FAST	C	2.58%
UNP	D	2.57%
VMC	C	2.54%
CSX	C	2.51%
NUE	D	2.18%
BLDR	C	1.88%
CSL	B	1.61%
EME	B	1.53%
STLD	C	1.46%
J	A	1.42%
WLK	C	1.41%
RS	D	1.24%
RPM	B	1.21%
TRMB	C	1.13%
ACM	B	1.04%
BLD	C	1.0%
TTEK	C	0.94%
WMS	D	0.91%
EXP	B	0.77%
TPC	C	0.77%
MTZ	C	0.74%
RBC	B	0.66%
WCC	C	0.66%
X	F	0.64%
MLI	B	0.63%
POWL	B	0.62%
ATI	C	0.62%
CRS	C	0.58%
LPX	B	0.57%
AGX	B	0.54%
USLM	B	0.52%
STRL	C	0.51%
CMC	D	0.48%
AA	C	0.47%
CLF	F	0.46%
ROAD	C	0.46%
PRIM	B	0.46%
VMI	C	0.45%
GVA	B	0.44%
EXPO	B	0.43%
DY	C	0.43%
DXPE	C	0.42%
MDU	B	0.41%
KNF	C	0.39%
NWPX	B	0.39%
SUM	D	0.36%
ACA	B	0.35%
CENX	C	0.33%
DNOW	F	0.33%
HRI	C	0.33%
MRC	D	0.31%
GRC	D	0.29%
HAYN	D	0.28%
MTX	D	0.28%
GBX	D	0.28%
TEX	F	0.27%
CACC	F	0.26%
HEES	D	0.24%
IIIN	F	0.24%
ROCK	D	0.23%
MTRN	D	0.23%
ASTE	F	0.23%
CALX	C	0.22%
CMCO	D	0.22%
MTUS	F	0.2%
WNC	F	0.2%
MYRG	F	0.19%
CTOS	F	0.15%
RYI	F	0.15%
TITN	F	0.13%

PAVE Underweight 76 Positions Relative to MADE

Symbol	Grade	Weight
HON	C	-3.86%
GM	C	-3.83%
APH	C	-3.67%
PCAR	D	-3.62%
F	F	-3.56%
CMI	B	-3.56%
AME	C	-3.37%
RTX	B	-3.1%
CARR	B	-2.62%
LMT	A	-2.38%
DOV	B	-2.23%
FSLR	C	-2.01%
JCI	B	-1.96%
BA	F	-1.77%
TDY	B	-1.76%
TDG	B	-1.5%
NOC	B	-1.42%
SWK	B	-1.37%
GD	C	-1.36%
SNA	B	-1.26%
ENPH	D	-1.26%
COHR	C	-0.9%
NVT	C	-0.87%
LHX	C	-0.85%
RIVN	F	-0.79%
TTC	F	-0.78%
LII	C	-0.75%
FN	C	-0.72%
GNRC	D	-0.69%
ALSN	B	-0.67%
MIDD	C	-0.65%
MKSI	F	-0.6%
OSK	F	-0.58%
MSA	D	-0.56%
LFUS	C	-0.54%
AXON	B	-0.52%
THO	C	-0.49%
BC	C	-0.48%
FSS	D	-0.47%
VNT	F	-0.45%
AOS	B	-0.41%
LDOS	A	-0.41%
HOG	C	-0.41%
ITRI	C	-0.37%
BDC	B	-0.37%
TXT	D	-0.34%
ENS	C	-0.32%
AEIS	D	-0.32%
SPXC	B	-0.29%
LCID	C	-0.29%
ESE	B	-0.27%
AAON	B	-0.26%
LCII	C	-0.26%
CXT	F	-0.25%
JBT	C	-0.25%
AIN	F	-0.24%
CW	B	-0.24%
WTS	C	-0.22%
HII	F	-0.21%
HEI	C	-0.21%
GTLS	F	-0.2%
GT	F	-0.2%
BE	F	-0.17%
BWXT	A	-0.17%
KBR	D	-0.16%
FELE	B	-0.16%
FOXF	F	-0.14%
SAIC	C	-0.13%
NPO	C	-0.13%
MOG.A	B	-0.11%
PLUG	F	-0.11%
SEDG	F	-0.11%
SHLS	F	-0.09%
SPR	D	-0.08%
ARRY	F	-0.08%
KTOS	B	-0.07%