DSTL vs PAVE: Holdings Overlap
DSTLDistillate U.S. Fundamental Stability & Value ETF
Distillate Capital · 100 holdings · $2.0B · as of 2026-03-31
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
Holdings snapshots are 61 days apart (DSTL: 2026-03-31, PAVE: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DSTL and PAVE?
Distillate U.S. Fundamental Stability & Value ETF (DSTL, by Distillate Capital) holds 100 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 6 holdings in common, and by portfolio weight the two funds are 4.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6DSTL holds 100 · PAVE holds 100
- Weight in Shared Holdings
- DSTL 5%·PAVE 6%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DSTL
94 of 100 positions (95.1% of the fund) are not held by PAVE. Showing the top 30 by weight.
Only in PAVE
94 of 100 positions (94.4% of the fund) are not held by DSTL. Showing the top 30 by weight.
Sector Breakdown
| Sector | DSTL | PAVE |
|---|---|---|
| Industrials | 18.9% | 75.1% |
| Information Technology | 21.2% | 1.1% |
| Health Care | 20.8% | 0.0% |
| Materials | 2.1% | 20.3% |
| Consumer Discretionary | 9.8% | 0.0% |
| Other Sectors | 26.1% | 3.1% |
| Unclassified | 0.9% | 0.3% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (1% of DSTL, 0% of PAVE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DSTL | +7.8% | +15.1% | +24.2% | +14.4% | +11.2% | — | 1.10% |
| PAVE | +4.0% | +23.0% | +29.9% | +22.7% | +18.1% | — | 0.73% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DSTL vs PAVE →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by EME, FTV and CSL.
 EMEEmcor Group Inc COM | 0.99% | 2.01% | 0.99% |
|---|---|---|---|
 FTVFortive Corporation COM | 0.81% | 1.00% | 0.81% |
 CSLCarlisle Companies Incorporated | 0.83% | 0.78% | 0.78% |
 28TTopbuild Corporation COM | 0.77% | 0.64% | 0.64% |
 WMSAdvanced Drainage System Inc COM | 0.77% | 0.59% | 0.59% |
 AYIAcuity Inc. COM | 0.61% | 0.51% | 0.51% |
Frequently Asked Questions
How much do DSTL and PAVE overlap?
DSTL and PAVE overlap by 4.3% of portfolio weight. They share 6 holdings (DSTL holds 100 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DSTL and PAVE?
The two portfolios are 4.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DSTL and PAVE?
The largest positions held by both funds are EME, FTV, CSL, 28T and WMS. Together the top 6 shared positions account for 100% of the total overlap.
What does DSTL own that PAVE doesn't?
94 positions (95.1% of DSTL) are unique to DSTL, led by ABBV, MRK and CRM. In the other direction, 94 positions (94.4% of PAVE) are unique to PAVE.