IVV vs PAVE: Holdings Overlap
iShares · 503 holdings · $901.0B · 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 (IVV: 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 IVV and PAVE?
iShares Core S&P 500 ETF (IVV, by iShares) holds 503 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 27 holdings in common, and by portfolio weight the two funds are 2.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 27IVV holds 503 · PAVE holds 100
- Weight in Shared Holdings
- IVV 3%·PAVE 62%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 IVV
476 of 503 positions (97.0% of the fund) are not held by PAVE. Showing the top 30 by weight.
Sector Breakdown
| Sector | IVV | PAVE |
|---|---|---|
| Industrials | 9.0% | 75.1% |
| Information Technology | 32.6% | 1.1% |
| Materials | 2.1% | 20.3% |
| Financials | 12.6% | 0.0% |
| Communication Services | 10.5% | 0.0% |
| Other Sectors | 33.0% | 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 |
|---|---|---|---|---|---|---|---|
| IVV | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.05% |
| 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 IVV vs PAVE →
Shared Holdings(27)
The top 10 shared positions account for 65% of the overlap, led by UNP, DE and ETN.
 UNPUnion Pacific Corporation COM | 0.26% | 3.12% | 0.26% |
|---|---|---|---|
 DEDeere & Company COM | 0.25% | 2.86% | 0.25% |
 ETNEaton Corporation PLC COM USD0.01 | 0.25% | 3.30% | 0.25% |
 PHParker-Hannifin Corp. COM | 0.20% | 2.48% | 0.20% |
 HWMHowmet Aerospace Inc COM | 0.16% | 3.27% | 0.16% |
 TTTrane Technologies PLC COM USD1 | 0.16% | 3.19% | 0.16% |
 PWRQuanta Services, Inc. COM | 0.15% | 4.18% | 0.15% |
 CSXCSX Corporation COM | 0.14% | 3.48% | 0.14% |
 EMREmerson Electric Co. COM | 0.13% | 2.64% | 0.13% |
 CRHCRH plc | 0.13% | 2.41% | 0.13% |
 NSCNorfolk Southern Corporation COM | 0.12% | 2.90% | 0.12% |
 SRESempra COM | 0.11% | 2.86% | 0.11% |
 FASTFastenal Co. COM | 0.10% | 2.71% | 0.10% |
 URIUnited Rentals, Inc. COM | 0.08% | 2.87% | 0.08% |
 ROKRockwell Automation, Inc. COM | 0.07% | 2.92% | 0.07% |
 NUENucor Corporation COM | 0.07% | 3.10% | 0.07% |
 VMCVulcan Materials Company COM | 0.06% | 2.03% | 0.06% |
 MLMMartin Marietta Materials Inc COM | 0.06% | 1.90% | 0.06% |
 EMEEmcor Group Inc COM | 0.06% | 2.01% | 0.06% |
 HUBBHubbell Incorporated COM | 0.05% | 1.36% | 0.05% |
 STLDSteel Dynamics, Inc. COM | 0.04% | 2.06% | 0.04% |
 FTVFortive Corporation COM | 0.03% | 1.00% | 0.03% |
 TRMBTrimble Inc COM | 0.03% | 0.72% | 0.03% |
 JJacobs Solutions Inc. COM | 0.03% | 0.76% | 0.03% |
 PNRPentair PLC COM USD0.01 | 0.03% | 0.63% | 0.03% |
Frequently Asked Questions
How much do IVV and PAVE overlap?
IVV and PAVE overlap by 2.8% of portfolio weight. They share 27 holdings (IVV holds 503 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IVV and PAVE?
The two portfolios are 2.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IVV and PAVE?
The largest positions held by both funds are UNP, DE, ETN, PH and HWM. Together the top 10 shared positions account for 65% of the total overlap.
What does IVV own that PAVE doesn't?
476 positions (97.0% of IVV) are unique to IVV, led by NVDA, AAPL and MSFT. In the other direction, 73 positions (37.9% of PAVE) are unique to PAVE.