PAVE vs. VAW ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to Vanguard Materials ETF - DNQ (VAW)

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

$39.33

Average Daily Volume

1,567,230

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VAW

Vanguard Materials ETF - DNQ

VAW Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Materials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the materials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$202.12

Average Daily Volume

46,846

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	VAW
30 Days	-0.33%	-1.17%
60 Days	2.69%	2.95%
90 Days	8.86%	10.35%
12 Months	42.51%	19.03%

23 Overlapping Holdings

Symbol	Grade	Weight in PAVE	Weight in VAW	Overlap
AA	B	0.5%	0.45%	0.45%
ATI	B	0.61%	0.48%	0.48%
CENX	B	0.39%	0.06%	0.06%
CLF	F	0.69%	0.85%	0.69%
CMC	C	0.52%	0.51%	0.51%
CRS	B	0.39%	0.26%	0.26%
EXP	A	0.72%	0.7%	0.7%
HAYN	D	0.31%	0.06%	0.06%
KNF	C	0.36%	0.32%	0.32%
LPX	A	0.43%	0.4%	0.4%
MLM	C	3.23%	2.81%	2.81%
MTRN	F	0.26%	0.2%	0.2%
MTX	A	0.3%	0.18%	0.18%
NUE	F	2.69%	3.6%	2.69%
RPM	D	1.13%	1.14%	1.13%
RS	D	1.35%	1.42%	1.35%
RYI	F	0.2%	0.08%	0.08%
STLD	D	1.72%	1.69%	1.69%
SUM	D	0.4%	0.39%	0.39%
USLM	A	0.38%	0.05%	0.05%
VMC	C	2.83%	2.69%	2.69%
WLK	B	1.57%	0.44%	0.44%
X	D	0.67%	0.47%	0.47%

PAVE Overweight 73 Positions Relative to VAW

Symbol	Grade	Weight
ETN	A	3.51%
TT	A	3.4%
PH	B	3.17%
URI	D	3.1%
PWR	B	3.05%
EMR	C	3.04%
SRE	B	2.74%
DE	B	2.73%
FAST	D	2.68%
UNP	C	2.64%
NSC	D	2.61%
CSX	D	2.6%
ROK	F	2.42%
HWM	A	2.26%
FTV	D	2.18%
BLDR	D	1.86%
HUBB	D	1.64%
CSL	A	1.54%
J	D	1.48%
EME	A	1.37%
IEX	D	1.37%
TRMB	D	1.2%
GGG	D	1.11%
PNR	C	1.07%
BLD	D	1.06%
LECO	D	1.03%
ACM	C	1.03%
WMS	C	1.01%
RRX	D	0.87%
TTEK	B	0.84%
WWD	A	0.82%
WCC	B	0.65%
AYI	C	0.62%
POWL	B	0.6%
RBC	C	0.59%
MTZ	B	0.57%
TPC	B	0.54%
MLI	B	0.53%
ATKR	D	0.53%
BMI	A	0.45%
ZWS	C	0.44%
MDU	A	0.43%
DXPE	B	0.42%
EXPO	B	0.39%
STRL	B	0.38%
DNOW	C	0.38%
PRIM	A	0.38%
AGX	A	0.37%
DY	A	0.35%
VMI	B	0.35%
GVA	A	0.33%
ROAD	D	0.33%
HRI	D	0.33%
MYRG	D	0.32%
TEX	D	0.31%
CSWI	A	0.31%
MWA	A	0.31%
TRN	A	0.31%
CMCO	B	0.3%
NWPX	C	0.3%
ACA	B	0.3%
CACC	D	0.29%
MRC	D	0.29%
GBX	B	0.29%
GRC	F	0.28%
IIIN	D	0.27%
ASTE	F	0.26%
HEES	F	0.24%
WNC	D	0.24%
ROCK	D	0.23%
TITN	F	0.22%
CTOS	F	0.21%
CALX	F	0.17%

PAVE Underweight 90 Positions Relative to VAW

Symbol	Grade	Weight
LIN	D	-16.68%
SHW	D	-6.26%
FCX	B	-4.99%
ECL	A	-4.39%
APD	C	-3.99%
NEM	B	-3.06%
DOW	C	-3.01%
CTVA	B	-3.01%
PPG	D	-2.53%
DD	A	-2.44%
LYB	C	-1.97%
IFF	A	-1.63%
BALL	B	-1.57%
AVY	A	-1.33%
CE	C	-1.32%
PKG	D	-1.26%
CF	F	-1.18%
AMCR	A	-1.02%
ALB	C	-1.0%
IP	C	-0.95%
WRK	A	-0.94%
EMN	A	-0.88%
MOS	F	-0.79%
CCK	C	-0.71%
ATR	A	-0.7%
GPK	C	-0.66%
FMC	B	-0.59%
RGLD	B	-0.59%
AXTA	A	-0.56%
OLN	D	-0.53%
BERY	D	-0.52%
SON	C	-0.42%
ESI	D	-0.42%
SEE	C	-0.4%
CBT	B	-0.38%
BCPC	C	-0.37%
ASH	A	-0.35%
NEU	D	-0.34%
FUL	C	-0.32%
HUN	C	-0.32%
SLGN	B	-0.31%
CC	C	-0.29%
AVNT	B	-0.29%
AMR	D	-0.28%
IOSP	C	-0.24%
HCC	B	-0.23%
SMG	D	-0.23%
ARCH	D	-0.21%
HL	B	-0.21%
OI	F	-0.19%
KWR	D	-0.19%
SXT	A	-0.18%
SLVM	A	-0.17%
SCL	C	-0.15%
MP	D	-0.15%
TROX	B	-0.15%
GEF	D	-0.13%
NGVT	B	-0.12%
KALU	B	-0.11%
CDE	B	-0.11%
HWKN	B	-0.11%
OEC	B	-0.1%
ECVT	D	-0.09%
WS	F	-0.09%
DNA	F	-0.09%
PRM	B	-0.08%
ASPN	A	-0.08%
TRS	B	-0.08%
KOP	F	-0.08%
SXC	D	-0.07%
MATV	B	-0.07%
ASIX	F	-0.06%
PTVE	C	-0.05%
PCT	F	-0.05%
IE	B	-0.05%
MYE	F	-0.05%
CLW	A	-0.05%
CMP	F	-0.04%
RDUS	F	-0.04%
PACK	B	-0.03%
AVD	B	-0.03%
MERC	A	-0.03%
LXU	C	-0.03%
IPI	C	-0.02%
PLL	D	-0.02%
KRO	A	-0.02%
TSE	F	-0.01%
DNMR	F	-0.01%
FEAM	D	-0.0%
ORGN	C	-0.0%