ESGU vs PAVE: Holdings Overlap
ESGUiShares ESG Aware MSCI USA ETF
iShares · 287 holdings · $18.3B · as of 2026-05-31
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
How similar are ESGU and PAVE?
iShares ESG Aware MSCI USA ETF (ESGU, by iShares) holds 287 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 19 holdings in common, and by portfolio weight the two funds are 3.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19ESGU holds 287 · PAVE holds 100
- Weight in Shared Holdings
- ESGU 3%·PAVE 48%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 ESGU
268 of 287 positions (96.7% of the fund) are not held by PAVE. Showing the top 30 by weight.
Sector Breakdown
| Sector | ESGU | PAVE |
|---|---|---|
| Industrials | 8.9% | 75.1% |
| Information Technology | 38.9% | 1.1% |
| Materials | 1.8% | 20.3% |
| Financials | 11.4% | 0.0% |
| Communication Services | 9.8% | 0.0% |
| Other Sectors | 29.0% | 3.1% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGU | +3.3% | +14.3% | +23.8% | +20.9% | +12.2% | — | 0.90% |
| 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 ESGU vs PAVE →
Shared Holdings(19)
The top 10 shared positions account for 69% of the overlap, led by UNP, TT and DE.
 UNPUnion Pacific Corporation COM | 0.32% | 3.12% | 0.32% |
|---|---|---|---|
 TTTrane Technologies PLC COM USD1 | 0.30% | 3.19% | 0.30% |
 DEDeere & Company COM | 0.29% | 2.86% | 0.29% |
 CRHCRH plc | 0.28% | 2.41% | 0.28% |
 ETNEaton Corporation PLC COM USD0.01 | 0.19% | 3.30% | 0.19% |
 CSXCSX Corporation COM | 0.17% | 3.48% | 0.17% |
 PHParker-Hannifin Corp. COM | 0.17% | 2.48% | 0.17% |
 PNRPentair PLC COM USD0.01 | 0.16% | 0.63% | 0.16% |
 SRESempra COM | 0.15% | 2.86% | 0.15% |
 JJacobs Solutions Inc. COM | 0.14% | 0.76% | 0.14% |
 HWMHowmet Aerospace Inc COM | 0.14% | 3.27% | 0.14% |
 NUENucor Corporation COM | 0.12% | 3.10% | 0.12% |
 PWRQuanta Services, Inc. COM | 0.12% | 4.18% | 0.12% |
 STLDSteel Dynamics, Inc. COM | 0.12% | 2.06% | 0.12% |
 URIUnited Rentals, Inc. COM | 0.10% | 2.87% | 0.10% |
 ROKRockwell Automation, Inc. COM | 0.10% | 2.92% | 0.10% |
 EMEEmcor Group Inc COM | 0.09% | 2.01% | 0.09% |
 FTVFortive Corporation COM | 0.09% | 1.00% | 0.09% |
 MLMMartin Marietta Materials Inc COM | 0.08% | 1.90% | 0.08% |
Frequently Asked Questions
How much do ESGU and PAVE overlap?
ESGU and PAVE overlap by 3.2% of portfolio weight. They share 19 holdings (ESGU holds 287 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGU and PAVE?
The two portfolios are 3.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of ESGU and PAVE?
The largest positions held by both funds are UNP, TT, DE, CRH and ETN. Together the top 10 shared positions account for 69% of the total overlap.
What does ESGU own that PAVE doesn't?
268 positions (96.7% of ESGU) are unique to ESGU, led by NVDA, AAPL and MSFT. In the other direction, 81 positions (51.6% of PAVE) are unique to PAVE.