PAVE vs. XAR ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to SPDR S&P Aerospace & Defense ETF (XAR)

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

$41.29

Average Daily Volume

925,503

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XAR

SPDR S&P Aerospace & Defense ETF

XAR Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the aerospace and defense segment of a U.S. total market composite index. In seeking to track the performance of the S&P Aerospace & Defense Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the aerospace and defense industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$154.98

Average Daily Volume

189,831

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	XAR
30 Days	0.98%	-2.68%
60 Days	4.74%	-0.21%
90 Days	10.34%	8.17%
12 Months	39.32%	29.93%

2 Overlapping Holdings

	Symbol	Grade	Weight in PAVE	Weight in XAR	Overlap
	HWM	B	3.13%	4.8%	3.13%
	WWD	D	0.73%	4.43%	0.73%

PAVE Overweight 96 Positions Relative to XAR

Symbol	Grade	Weight
TT	C	3.86%
URI	B	3.56%
ETN	B	3.5%
PH	A	3.31%
PWR	B	3.3%
SRE	C	2.96%
EMR	B	2.8%
MLM	A	2.78%
FAST	A	2.7%
NSC	B	2.63%
DE	B	2.6%
VMC	A	2.49%
UNP	D	2.45%
CSX	F	2.38%
ROK	B	2.16%
NUE	F	2.04%
FTV	F	1.96%
HUBB	B	1.76%
CSL	C	1.65%
BLDR	F	1.64%
EME	A	1.55%
STLD	A	1.54%
J	D	1.32%
WLK	F	1.29%
RPM	B	1.24%
PNR	B	1.2%
RS	C	1.2%
IEX	A	1.14%
TRMB	A	1.11%
ACM	A	1.06%
GGG	D	1.04%
TTEK	B	0.95%
BLD	F	0.87%
WMS	F	0.86%
LECO	B	0.82%
TPC	B	0.82%
RRX	A	0.82%
POWL	A	0.8%
EXP	B	0.74%
MTZ	A	0.71%
AGX	A	0.68%
MLI	A	0.68%
AYI	A	0.67%
WCC	A	0.66%
X	C	0.65%
CR	B	0.64%
RBC	D	0.62%
ATI	F	0.59%
CRS	B	0.57%
USLM	A	0.55%
AA	B	0.55%
STRL	B	0.54%
LPX	D	0.53%
VMI	A	0.5%
ROAD	B	0.48%
CLF	C	0.48%
ZWS	A	0.46%
PRIM	A	0.46%
GVA	A	0.45%
HRI	A	0.44%
CMC	A	0.44%
BMI	D	0.44%
CSWI	B	0.44%
MDU	F	0.43%
DY	C	0.42%
EXPO	D	0.4%
DXPE	C	0.38%
NWPX	A	0.38%
MWA	B	0.38%
KNF	A	0.38%
CENX	B	0.37%
SUM	A	0.36%
TRN	C	0.34%
ACA	B	0.34%
DNOW	F	0.3%
MTX	C	0.29%
MRC	F	0.29%
GBX	A	0.28%
HAYN	A	0.28%
GRC	D	0.28%
TEX	F	0.26%
HEES	B	0.26%
CXT	F	0.23%
ATKR	F	0.23%
ASTE	C	0.22%
IIIN	F	0.21%
CALX	D	0.21%
MYRG	B	0.21%
MTRN	D	0.21%
CMCO	F	0.21%
ROCK	D	0.2%
WNC	F	0.17%
MTUS	F	0.17%
RYI	C	0.15%
TITN	D	0.13%
CTOS	D	0.12%

PAVE Underweight 28 Positions Relative to XAR

Symbol	Grade	Weight
AXON	B	-5.18%
CW	B	-5.02%
LHX	A	-4.76%
RTX	C	-4.75%
GE	D	-4.53%
BA	F	-4.45%
LMT	D	-4.45%
GD	C	-4.44%
NOC	D	-4.42%
TDG	C	-4.41%
TXT	F	-4.4%
HEI	D	-4.37%
SPR	C	-4.36%
HII	F	-4.35%
BWXT	B	-4.32%
AVAV	B	-3.99%
HXL	F	-3.93%
RKLB	A	-3.51%
MOG.A	C	-1.87%
KTOS	C	-1.44%
MRCY	D	-1.19%
AIR	F	-1.08%
TGI	C	-1.01%
ACHR	C	-0.78%
CDRE	D	-0.52%
ATRO	F	-0.21%
DCO	D	-0.2%
NPK	F	-0.19%

XAR: Top Represented Industries & Keywords

Industries: Aerospace & Defense Specialty Industrial Machinery Communication Equipment Computer Systems Diversified Industrials Security & Protection Services