JQUA vs PAVE: Holdings Overlap
JQUAJPMorgan U.S. Quality Factor ETF
JPMorgan · 289 holdings · $8.2B · 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 (JQUA: 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 JQUA and PAVE?
JPMorgan U.S. Quality Factor ETF (JQUA, by JPMorgan) holds 289 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 14 holdings in common, and by portfolio weight the two funds are 2.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14JQUA holds 289 · PAVE holds 100
- Weight in Shared Holdings
- JQUA 3%·PAVE 18%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 JQUA
275 of 289 positions (97.0% of the fund) are not held by PAVE. Showing the top 30 by weight.
Only in PAVE
86 of 100 positions (82.4% of the fund) are not held by JQUA. Showing the top 30 by weight.
Sector Breakdown
| Sector | JQUA | PAVE |
|---|---|---|
| Industrials | 10.0% | 75.1% |
| Information Technology | 37.8% | 1.1% |
| Materials | 1.7% | 20.3% |
| Financials | 12.4% | 0.0% |
| Consumer Discretionary | 9.6% | 0.0% |
| Other Sectors | 28.3% | 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 |
|---|---|---|---|---|---|---|---|
| JQUA | +3.6% | +18.6% | +24.4% | +19.8% | +13.4% | — | 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 JQUA vs PAVE →
Shared Holdings(14)
The top 10 shared positions account for 90% of the overlap, led by UNP, EME and TT.
 UNPUnion Pacific Corporation COM | 0.65% | 3.12% | 0.65% |
|---|---|---|---|
 EMEEmcor Group Inc COM | 0.35% | 2.01% | 0.35% |
 TTTrane Technologies PLC COM USD1 | 0.30% | 3.19% | 0.30% |
 LECOLincoln Electric Holdings Inc. COM | 0.23% | 0.77% | 0.23% |
 CSLCarlisle Companies Incorporated | 0.23% | 0.78% | 0.23% |
 IEXIdex Corporation COM | 0.19% | 0.85% | 0.19% |
 AYIAcuity Inc. COM | 0.19% | 0.51% | 0.19% |
 GGGGraco Inc COM | 0.18% | 0.68% | 0.18% |
 WMSAdvanced Drainage System Inc COM | 0.17% | 0.59% | 0.17% |
 EXPEagle Materials Inc. COM | 0.12% | 0.38% | 0.12% |
 FASTFastenal Co. COM | 0.10% | 2.71% | 0.10% |
 CRCrane Co. COMMON STOCK | 0.08% | 0.57% | 0.08% |
 RSReliance Inc COM | 0.06% | 1.08% | 0.06% |
 LPXLouisiana Pacific Corporation COM | 0.05% | 0.29% | 0.05% |
Frequently Asked Questions
How much do JQUA and PAVE overlap?
JQUA and PAVE overlap by 2.9% of portfolio weight. They share 14 holdings (JQUA holds 289 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JQUA and PAVE?
The two portfolios are 2.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of JQUA and PAVE?
The largest positions held by both funds are UNP, EME, TT, LECO and CSL. Together the top 10 shared positions account for 90% of the total overlap.
What does JQUA own that PAVE doesn't?
275 positions (97.0% of JQUA) are unique to JQUA, led by GOOGL, AVGO and NVDA. In the other direction, 86 positions (82.4% of PAVE) are unique to PAVE.