PAVE vs. XLB ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to Materials Select Sector SPDR (XLB)

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

$44.81

Average Daily Volume

1,102,285

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XLB

Materials Select Sector SPDR

XLB 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 Materials Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: chemicals; metals & mining; paper & forest products; containers & packaging; and construction materials. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.57

Average Daily Volume

4,075,814

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	XLB
30 Days	7.33%	-2.52%
60 Days	10.70%	-0.09%
90 Days	14.19%	1.36%
12 Months	44.15%	18.16%

4 Overlapping Holdings

Symbol	Grade	Weight in PAVE	Weight in XLB	Overlap
MLM	C	2.73%	4.08%	2.73%
NUE	C	1.98%	4.02%	1.98%
STLD	B	1.55%	2.32%	1.55%
VMC	B	2.62%	4.23%	2.62%

PAVE Overweight 94 Positions Relative to XLB

Symbol	Grade	Weight
TT	A	3.76%
PH	A	3.45%
ETN	A	3.45%
URI	C	3.41%
PWR	A	3.28%
HWM	A	3.25%
EMR	B	3.13%
SRE	A	2.93%
FAST	B	2.74%
NSC	B	2.54%
CSX	C	2.37%
DE	B	2.36%
UNP	C	2.25%
ROK	C	2.19%
FTV	C	1.85%
HUBB	B	1.64%
EME	A	1.63%
BLDR	D	1.56%
CSL	C	1.53%
J	D	1.24%
RS	B	1.24%
PNR	A	1.22%
RPM	A	1.22%
TRMB	B	1.22%
IEX	C	1.21%
WLK	D	1.13%
GGG	B	1.05%
ACM	B	1.02%
POWL	C	0.89%
LECO	C	0.83%
RRX	B	0.8%
BLD	D	0.8%
AGX	B	0.79%
TTEK	F	0.76%
TPC	C	0.75%
MTZ	B	0.75%
WCC	B	0.74%
EXP	B	0.74%
WWD	C	0.72%
AYI	B	0.71%
WMS	F	0.71%
MLI	B	0.71%
USLM	A	0.71%
CR	A	0.69%
RBC	A	0.64%
STRL	A	0.59%
CRS	B	0.59%
PRIM	A	0.56%
LPX	B	0.56%
X	B	0.56%
AA	A	0.51%
ATI	C	0.5%
DXPE	C	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	A	0.34%
TRN	B	0.34%
DNOW	B	0.34%
MRC	B	0.3%
MTX	B	0.29%
GRC	A	0.29%
HAYN	A	0.27%
HEES	C	0.27%
TEX	F	0.25%
ASTE	C	0.25%
MYRG	B	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	C	0.21%
WNC	C	0.18%
CTOS	B	0.18%
RYI	C	0.17%
MTUS	C	0.17%
CALX	D	0.16%
TITN	C	0.13%

PAVE Underweight 24 Positions Relative to XLB

Symbol	Grade	Weight
LIN	C	-17.31%
SHW	B	-6.99%
APD	A	-5.85%
FCX	F	-5.02%
ECL	D	-5.0%
CTVA	C	-4.53%
DD	C	-3.93%
NEM	D	-3.9%
DOW	F	-3.56%
PPG	F	-3.31%
SW	A	-3.03%
IFF	D	-2.54%
LYB	F	-2.49%
PKG	A	-2.44%
IP	A	-2.3%
BALL	F	-2.12%
AVY	F	-1.83%
CF	A	-1.81%
AMCR	C	-1.69%
EMN	C	-1.4%
ALB	B	-1.4%
MOS	F	-0.94%
CE	F	-0.92%
FMC	D	-0.79%

XLB: Top Represented Industries & Keywords

Industries: Specialty Chemicals Chemicals Packaging & Containers Agricultural Inputs Building Materials Steel Business Equipment Copper Gold