LMBS vs PAVE: Holdings Overlap
LMBSFirst Trust Low Duration Opportunities ETF
First Trust · 1146 holdings · $6.4B · 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 (LMBS: 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 LMBS and PAVE?
First Trust Low Duration Opportunities ETF (LMBS, by First Trust) holds 1146 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0LMBS holds 1146 · PAVE holds 100
- Weight in Shared Holdings
- LMBS 0%·PAVE 0%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 LMBS
1146 of 1146 positions (106.5% of the fund) are not held by PAVE. Showing the top 30 by weight.
- FR SL25331.72%
- FNMA/FHLMC UMBS, Single Family, 30 Year1.54%
- FNMA-30YR1.33%
- B 0 05/12/261.22%
- FN FM30031.05%
- B 0 05/07/260.97%
Only in PAVE
100 of 100 positions (99.9% of the fund) are not held by LMBS. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| LMBS | +0.4% | +1.7% | +4.5% | +5.8% | +3.2% | +2.6% | 4.11% |
| 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 LMBS vs PAVE →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do LMBS and PAVE overlap?
LMBS and PAVE overlap by 0.0% of portfolio weight. They share 0 holdings (LMBS holds 1146 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both LMBS and PAVE?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does LMBS own that PAVE doesn't?
1146 positions (106.5% of LMBS) are unique to LMBS, led by FR SL2533, FNMA/FHLMC UMBS, Single Family, 30 Year and FNMA-30YR. In the other direction, 100 positions (99.9% of PAVE) are unique to PAVE.