FTCS vs PAVE: Holdings Overlap
FTCSFirst Trust Capital Strength ETF
First Trust · 50 holdings · $7.9B · 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 (FTCS: 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 FTCS and PAVE?
First Trust Capital Strength ETF (FTCS, by First Trust) holds 50 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 1 holdings in common, and by portfolio weight the two funds are 2.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1FTCS holds 50 · PAVE holds 100
- Weight in Shared Holdings
- FTCS 2%·PAVE 3%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 FTCS
49 of 50 positions (97.7% of the fund) are not held by PAVE. Showing the top 30 by weight.
Only in PAVE
99 of 100 positions (96.8% of the fund) are not held by FTCS. Showing the top 30 by weight.
Sector Breakdown
| Sector | FTCS | PAVE |
|---|---|---|
| Industrials | 21.5% | 75.1% |
| Financials | 23.0% | 0.0% |
| Materials | 6.3% | 20.3% |
| Consumer Staples | 17.0% | 0.0% |
| Health Care | 12.1% | 0.0% |
| Other Sectors | 20.0% | 4.3% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FTCS | +2.7% | +8.9% | +11.0% | +10.9% | +6.3% | +10.8% | 1.06% |
| 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 FTCS vs PAVE →
Shared Holdings(1)
 TTTrane Technologies PLC COM USD1 | 2.21% | 3.19% | 2.21% |
|---|
Frequently Asked Questions
How much do FTCS and PAVE overlap?
FTCS and PAVE overlap by 2.2% of portfolio weight. They share 1 holdings (FTCS holds 50 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTCS and PAVE?
The two portfolios are 2.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FTCS and PAVE?
The largest positions held by both funds are TT. Together the top 1 shared positions account for 100% of the total overlap.
What does FTCS own that PAVE doesn't?
49 positions (97.7% of FTCS) are unique to FTCS, led by EOG, LIN and ROST. In the other direction, 99 positions (96.8% of PAVE) are unique to PAVE.