PAVE vs. XLI ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to SPDR Select Sector Fund - Industrial (XLI)

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

$37.40

Average Daily Volume

1,490,563

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XLI

SPDR Select Sector Fund - Industrial

XLI Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index. The fund invests at least 95% of its assets in the securities comprising the index. The index includes companies from the following industries: aerospace & defense; industrial conglomerates; machinery; road & rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction & engineering; trading companies & distributors; airlines; and building products. It is non-diversified.

Grade (RS Rating)

Last Trade

$121.22

Average Daily Volume

9,324,583

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	XLI
30 Days	-5.34%	-3.02%
60 Days	-1.48%	0.06%
90 Days	6.25%	5.91%
12 Months	36.17%	23.88%

19 Overlapping Holdings

Symbol	Grade	Weight in PAVE	Weight in XLI	Overlap
BLDR	C	1.8%	0.59%	0.59%
CSX	D	2.71%	1.83%	1.83%
DE	D	2.81%	2.79%	2.79%
EMR	C	3.09%	1.67%	1.67%
ETN	B	3.45%	3.3%	3.3%
FAST	C	2.65%	1.03%	1.03%
FTV	D	2.31%	0.76%	0.76%
HUBB	D	1.71%	0.56%	0.56%
HWM	B	2.12%	0.66%	0.66%
IEX	D	1.42%	0.47%	0.47%
J	C	1.49%	0.49%	0.49%
NSC	D	2.76%	1.48%	1.48%
PH	B	3.14%	1.86%	1.86%
PNR	C	1.07%	0.35%	0.35%
PWR	A	2.92%	0.96%	0.96%
ROK	F	2.45%	0.84%	0.84%
TT	A	3.13%	1.78%	1.78%
UNP	C	2.63%	3.84%	2.63%
URI	D	2.97%	1.13%	1.13%

PAVE Overweight 77 Positions Relative to XLI

Symbol	Grade	Weight
MLM	C	3.18%
NUE	D	3.04%
VMC	C	2.77%
SRE	A	2.7%
STLD	D	1.81%
WLK	B	1.57%
RS	D	1.5%
CSL	A	1.47%
EME	A	1.27%
GGG	D	1.21%
TRMB	D	1.2%
RPM	D	1.14%
LECO	D	1.1%
ACM	B	1.03%
BLD	C	1.0%
WMS	D	0.99%
RRX	D	0.89%
CLF	F	0.86%
TTEK	A	0.8%
WWD	A	0.73%
X	F	0.71%
EXP	C	0.7%
WCC	F	0.65%
AYI	D	0.62%
RBC	D	0.58%
MTZ	A	0.54%
ATKR	B	0.53%
AA	B	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	D	0.43%
TPC	A	0.43%
CENX	B	0.43%
MDU	A	0.42%
DXPE	B	0.42%
DNOW	D	0.4%
SUM	C	0.39%
AGX	A	0.38%
STRL	D	0.37%
PRIM	A	0.37%
VMI	F	0.36%
KNF	A	0.35%
USLM	A	0.35%
EXPO	A	0.34%
DY	A	0.34%
HRI	D	0.34%
ROAD	D	0.33%
ASTE	D	0.33%
TEX	D	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%
MYRG	C	0.31%
CACC	F	0.3%
CSWI	A	0.3%
ACA	D	0.3%
NWPX	D	0.3%
GBX	B	0.3%
HEES	F	0.3%
MTX	B	0.29%
CMCO	C	0.29%
WNC	F	0.28%
IIIN	D	0.28%
TRN	A	0.28%
MTRN	F	0.27%
RYI	F	0.26%
ROCK	F	0.24%
TITN	F	0.23%
CTOS	F	0.22%
CALX	F	0.18%

PAVE Underweight 59 Positions Relative to XLI

Symbol	Grade	Weight
CAT	D	-4.88%
GE	A	-4.38%
UBER	D	-3.81%
RTX	A	-3.61%
HON	C	-3.46%
UPS	F	-2.82%
ADP	B	-2.71%
LMT	A	-2.66%
BA	D	-2.62%
WM	B	-2.04%
ITW	D	-1.82%
TDG	A	-1.79%
NOC	A	-1.78%
GD	A	-1.77%
FDX	B	-1.67%
PCAR	D	-1.58%
CTAS	A	-1.54%
MMM	A	-1.37%
CPRT	C	-1.25%
CARR	A	-1.2%
JCI	B	-1.18%
GWW	D	-1.12%
AME	C	-1.1%
LHX	B	-1.06%
CMI	B	-1.06%
OTIS	D	-1.05%
RSG	B	-1.05%
PAYX	C	-1.04%
ODFL	F	-1.01%
IR	B	-0.96%
VRSK	C	-0.87%
DAL	A	-0.84%
XYL	A	-0.83%
EFX	D	-0.72%
WAB	A	-0.7%
DOV	A	-0.64%
BR	C	-0.61%
AXON	B	-0.56%
VLTO	A	-0.54%
TXT	D	-0.49%
LUV	F	-0.48%
LDOS	A	-0.47%
UAL	B	-0.47%
EXPD	D	-0.45%
MAS	D	-0.43%
NDSN	C	-0.38%
SNA	D	-0.38%
JBHT	F	-0.37%
SWK	B	-0.37%
ROL	B	-0.32%
ALLE	D	-0.3%
AOS	C	-0.29%
HII	C	-0.29%
AAL	F	-0.26%
DAY	F	-0.25%
PAYC	F	-0.24%
GNRC	B	-0.22%
CHRW	D	-0.22%
RHI	F	-0.2%