IYM vs PAVE: Holdings Overlap
IYMiShares U.S. Basic Materials ETF
iShares · 38 holdings · $1.1B · as of 2026-04-30
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
Holdings snapshots are 31 days apart (IYM: 2026-04-30, 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 IYM and PAVE?
iShares U.S. Basic Materials ETF (IYM, by iShares) holds 38 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 10 holdings in common, and by portfolio weight the two funds are 13.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 13.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 10IYM holds 38 · PAVE holds 100
- Weight in Shared Holdings
- IYM 23%·PAVE 14%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 IYM
28 of 38 positions (77.1% of the fund) are not held by PAVE.
Only in PAVE
90 of 100 positions (85.9% of the fund) are not held by IYM. Showing the top 30 by weight.
Sector Breakdown
| Sector | IYM | PAVE |
|---|---|---|
| Materials | 88.4% | 20.3% |
| Industrials | 11.4% | 75.1% |
| Utilities | 0.0% | 3.1% |
| Information Technology | 0.0% | 1.1% |
| Other Sectors | 0.0% | 0.0% |
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 |
|---|---|---|---|---|---|---|---|
| IYM | +5.2% | +23.1% | +34.0% | +13.6% | +9.2% | +10.8% | 1.24% |
| 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 IYM vs PAVE →
Shared Holdings(10)
The top 10 shared positions account for 100% of the overlap, led by NUE, FAST and STLD.
 NUENucor Corporation COM | 4.43% | 3.10% | 3.10% |
|---|---|---|---|
 FASTFastenal Co. COM | 3.88% | 2.71% | 2.71% |
 STLDSteel Dynamics, Inc. COM | 3.38% | 2.06% | 2.06% |
 CRSCarpenter Technology Corporation COM | 2.29% | 1.27% | 1.27% |
 AAAlcoa Corporation COM | 1.83% | 1.09% | 1.09% |
 RSReliance Inc COM | 2.11% | 1.08% | 1.08% |
 RBCRBC Bearings Incorporated | 2.07% | 0.98% | 0.98% |
 MLIMueller Industries Inc. COM | 1.63% | 0.77% | 0.77% |
 WLKWestlake Corporation COMMON STOCK | 0.43% | 0.60% | 0.43% |
 CLFCleveland-Cliffs Inc COM | 0.64% | 0.42% | 0.42% |
Frequently Asked Questions
How much do IYM and PAVE overlap?
IYM and PAVE overlap by 13.9% of portfolio weight. They share 10 holdings (IYM holds 38 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYM and PAVE?
The two portfolios are 13.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of IYM and PAVE?
The largest positions held by both funds are NUE, FAST, STLD, CRS and AA. Together the top 10 shared positions account for 100% of the total overlap.
What does IYM own that PAVE doesn't?
28 positions (77.1% of IYM) are unique to IYM, led by LIN, NEM and FCX. In the other direction, 90 positions (85.9% of PAVE) are unique to PAVE.