PAVE vs. MVAL ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (MVAL)

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

$44.94

Average Daily Volume

1,106,683

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVAL

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF

MVAL Description

The fund invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure value companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.27

Average Daily Volume

561

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	MVAL
30 Days	4.29%	-0.69%
60 Days	8.79%	1.09%
90 Days	14.69%	3.48%
12 Months	42.15%

1 Overlapping Holdings

	Symbol	Grade	Weight in PAVE	Weight in MVAL	Overlap
	EMR	A	3.13%	5.12%	3.13%

PAVE Overweight 97 Positions Relative to MVAL

Symbol	Grade	Weight
TT	A	3.76%
PH	B	3.45%
ETN	B	3.45%
URI	B	3.41%
PWR	A	3.28%
HWM	A	3.25%
SRE	A	2.93%
FAST	B	2.74%
MLM	B	2.73%
VMC	B	2.62%
NSC	B	2.54%
CSX	C	2.37%
DE	C	2.36%
UNP	D	2.25%
ROK	B	2.19%
NUE	D	1.98%
FTV	C	1.85%
HUBB	B	1.64%
EME	A	1.63%
BLDR	F	1.56%
STLD	B	1.55%
CSL	C	1.53%
J	D	1.24%
RS	B	1.24%
PNR	B	1.22%
RPM	B	1.22%
TRMB	B	1.22%
IEX	B	1.21%
WLK	F	1.13%
GGG	B	1.05%
ACM	B	1.02%
POWL	C	0.89%
LECO	C	0.83%
RRX	B	0.8%
BLD	F	0.8%
AGX	B	0.79%
TTEK	F	0.76%
TPC	C	0.75%
MTZ	A	0.75%
WCC	B	0.74%
EXP	B	0.74%
WWD	B	0.72%
AYI	B	0.71%
WMS	F	0.71%
MLI	B	0.71%
USLM	B	0.71%
CR	A	0.69%
RBC	A	0.64%
STRL	B	0.59%
CRS	A	0.59%
PRIM	A	0.56%
LPX	B	0.56%
X	C	0.56%
AA	A	0.51%
ATI	C	0.5%
DXPE	B	0.5%
GVA	A	0.49%
ROAD	B	0.49%
VMI	B	0.49%
CMC	B	0.48%
ZWS	B	0.47%
BMI	B	0.45%
CSWI	B	0.44%
HRI	C	0.43%
NWPX	A	0.43%
CENX	B	0.43%
MWA	B	0.4%
CLF	F	0.4%
SUM	B	0.4%
DY	D	0.38%
KNF	B	0.37%
EXPO	D	0.35%
ACA	A	0.35%
GBX	B	0.34%
TRN	B	0.34%
DNOW	B	0.34%
MRC	B	0.3%
MTX	C	0.29%
GRC	B	0.29%
HAYN	A	0.27%
HEES	C	0.27%
TEX	D	0.25%
ASTE	C	0.25%
MYRG	C	0.25%
MDU	D	0.25%
MTRN	C	0.23%
CMCO	C	0.23%
ATKR	D	0.23%
CXT	C	0.22%
IIIN	C	0.21%
ROCK	D	0.21%
WNC	D	0.18%
CTOS	B	0.18%
RYI	C	0.17%
MTUS	D	0.17%
CALX	F	0.16%
TITN	D	0.13%

PAVE Underweight 38 Positions Relative to MVAL

Symbol	Grade	Weight
BMY	B	-5.37%
GILD	B	-5.31%
USB	A	-4.98%
KVUE	A	-4.81%
MO	A	-4.68%
CPB	D	-4.09%
PFE	F	-3.76%
IFF	D	-3.69%
DIS	B	-3.42%
BA	D	-3.33%
BIO	C	-3.08%
NKE	F	-2.82%
SCHW	A	-2.73%
MAS	D	-2.54%
CTVA	C	-2.45%
HON	B	-2.44%
NOC	D	-2.34%
CMCSA	B	-2.3%
UPS	C	-2.23%
RTX	D	-2.22%
ZBH	C	-2.12%
NXPI	F	-2.1%
ALLE	D	-1.87%
MCD	D	-1.84%
MKTX	D	-1.8%
TMO	D	-1.57%
SBUX	B	-1.53%
LRCX	F	-1.3%
HII	F	-1.24%
GOOGL	B	-1.22%
KEYS	A	-1.2%
GEHC	C	-1.12%
STZ	D	-0.97%
CLX	A	-0.93%
OTIS	D	-0.92%
TER	F	-0.9%
WAT	B	-0.9%
ETSY	D	-0.58%