MADE vs. PAVE ETF Comparison

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

MADE

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

$25.86

Average Daily Volume

5,918

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$44.06

Average Daily Volume

1,097,094

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	PAVE
30 Days	1.39%	3.69%
60 Days	4.73%	8.84%
90 Days	8.04%	14.29%
12 Months		41.85%

23 Overlapping Holdings

Symbol	Grade	Weight in MADE	Weight in PAVE	Overlap
ATKR	D	0.24%	0.23%	0.23%
AYI	B	0.83%	0.71%	0.71%
BMI	C	0.23%	0.45%	0.23%
CR	A	0.31%	0.69%	0.31%
CSWI	A	0.25%	0.44%	0.25%
CXT	C	0.23%	0.22%	0.22%
DE	C	3.63%	2.36%	2.36%
ETN	B	4.44%	3.45%	3.45%
FTV	D	2.12%	1.85%	1.85%
GGG	B	0.51%	1.05%	0.51%
HUBB	B	1.96%	1.64%	1.64%
HWM	A	0.78%	3.25%	0.78%
IEX	B	0.59%	1.21%	0.59%
LECO	C	0.98%	0.83%	0.83%
MWA	B	0.15%	0.4%	0.15%
PH	B	3.1%	3.45%	3.1%
PNR	B	0.61%	1.22%	0.61%
ROK	B	2.54%	2.19%	2.19%
RRX	B	0.91%	0.8%	0.8%
TRN	A	0.25%	0.34%	0.25%
TT	A	3.21%	3.76%	3.21%
WWD	B	0.17%	0.72%	0.17%
ZWS	B	0.19%	0.47%	0.19%

MADE Overweight 75 Positions Relative to PAVE

Symbol	Grade	Weight
GM	B	4.6%
PCAR	C	4.43%
APH	B	4.15%
HON	B	4.11%
CMI	A	3.93%
AME	A	3.63%
F	C	3.47%
RTX	D	2.7%
DOV	B	2.25%
CARR	D	2.19%
LMT	D	1.99%
JCI	B	1.95%
TDY	B	1.85%
FSLR	F	1.55%
SNA	B	1.54%
BA	D	1.37%
GD	D	1.32%
COHR	B	1.29%
TDG	D	1.25%
NOC	D	1.21%
SWK	F	1.09%
NVT	C	1.03%
GNRC	B	0.93%
ALSN	B	0.83%
LHX	B	0.8%
FN	B	0.75%
AXON	A	0.73%
TTC	F	0.7%
LII	A	0.69%
ENPH	F	0.64%
OSK	C	0.59%
RIVN	F	0.59%
MIDD	D	0.59%
MKSI	C	0.58%
MSA	D	0.53%
LFUS	D	0.51%
VNT	C	0.49%
THO	C	0.48%
LDOS	C	0.45%
FSS	B	0.45%
BC	D	0.44%
ITRI	B	0.44%
BDC	B	0.41%
AEIS	B	0.35%
AAON	B	0.34%
ENS	D	0.33%
HOG	F	0.31%
ESE	B	0.3%
AOS	F	0.3%
JBT	A	0.29%
CW	B	0.26%
SPXC	A	0.26%
LCII	D	0.25%
TXT	D	0.25%
GTLS	A	0.24%
BE	A	0.22%
GT	C	0.22%
WTS	B	0.21%
HEI	A	0.19%
BWXT	A	0.17%
AIN	C	0.17%
KBR	F	0.16%
FELE	B	0.15%
SAIC	F	0.14%
LCID	F	0.13%
HII	F	0.13%
NPO	A	0.12%
MOG.A	B	0.11%
FOXF	F	0.11%
PLUG	F	0.1%
ARRY	F	0.08%
SHLS	F	0.07%
KTOS	C	0.07%
SEDG	F	0.06%
SPR	D	0.06%

MADE Underweight 75 Positions Relative to PAVE

Symbol	Grade	Weight
URI	B	-3.41%
PWR	A	-3.28%
EMR	A	-3.13%
SRE	A	-2.93%
FAST	B	-2.74%
MLM	B	-2.73%
VMC	B	-2.62%
NSC	B	-2.54%
CSX	C	-2.37%
UNP	D	-2.25%
NUE	D	-1.98%
EME	A	-1.63%
BLDR	D	-1.56%
STLD	B	-1.55%
CSL	C	-1.53%
J	D	-1.24%
RS	B	-1.24%
RPM	B	-1.22%
TRMB	B	-1.22%
WLK	F	-1.13%
ACM	B	-1.02%
POWL	C	-0.89%
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%
WMS	F	-0.71%
MLI	B	-0.71%
USLM	A	-0.71%
RBC	A	-0.64%
STRL	A	-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	A	-0.49%
VMI	B	-0.49%
CMC	B	-0.48%
HRI	C	-0.43%
NWPX	A	-0.43%
CENX	B	-0.43%
CLF	F	-0.4%
SUM	B	-0.4%
DY	C	-0.38%
KNF	B	-0.37%
EXPO	D	-0.35%
ACA	A	-0.35%
GBX	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%
IIIN	D	-0.21%
ROCK	D	-0.21%
WNC	D	-0.18%
CTOS	B	-0.18%
RYI	C	-0.17%
MTUS	D	-0.17%
CALX	D	-0.16%
TITN	D	-0.13%