IYT vs PAVE: Holdings Overlap
IYTiShares U.S. Transportation ETF
iShares · 44 holdings · $2.3B · 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 (IYT: 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 IYT and PAVE?
iShares U.S. Transportation ETF (IYT, by iShares) holds 44 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 3 holdings in common, and by portfolio weight the two funds are 9.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3IYT holds 44 · PAVE holds 100
- Weight in Shared Holdings
- IYT 26%·PAVE 10%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 IYT
41 of 44 positions (74.4% of the fund) are not held by PAVE. Showing the top 30 by weight.
Only in PAVE
97 of 100 positions (90.4% of the fund) are not held by IYT. Showing the top 30 by weight.
Sector Breakdown
| Sector | IYT | PAVE |
|---|---|---|
| Industrials | 99.9% | 75.1% |
| Materials | 0.0% | 20.3% |
| 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 |
|---|---|---|---|---|---|---|---|
| IYT | +0.1% | +17.7% | +28.2% | +11.7% | +8.0% | +10.7% | 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 IYT vs PAVE →
Shared Holdings(3)
The top 3 shared positions account for 100% of the overlap, led by CSX, UNP and NSC.
Frequently Asked Questions
How much do IYT and PAVE overlap?
IYT and PAVE overlap by 9.5% of portfolio weight. They share 3 holdings (IYT holds 44 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYT and PAVE?
The two portfolios are 9.5% 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 IYT and PAVE?
The largest positions held by both funds are CSX, UNP and NSC. Together the top 3 shared positions account for 100% of the total overlap.
What does IYT own that PAVE doesn't?
41 positions (74.4% of IYT) are unique to IYT, led by UBER, FDX and DAL. In the other direction, 97 positions (90.4% of PAVE) are unique to PAVE.