PAVE vs SKYY: Holdings Overlap
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
Holdings snapshots are 61 days apart (PAVE: 2026-05-31, SKYY: 2026-03-31). 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 PAVE and SKYY?
Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100 positions; First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62. 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
- 0PAVE holds 100 · SKYY holds 62
- Weight in Shared Holdings
- PAVE 0%·SKYY 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 PAVE
100 of 100 positions (99.9% of the fund) are not held by SKYY. Showing the top 30 by weight.
Sector Breakdown
| Sector | PAVE | SKYY |
|---|---|---|
| Information Technology | 1.1% | 82.6% |
| Industrials | 75.1% | 0.6% |
| Materials | 20.3% | 0.0% |
| Communication Services | 0.0% | 8.7% |
| Consumer Discretionary | 0.0% | 3.7% |
| Other Sectors | 3.1% | 1.2% |
| Unclassified | 0.3% | 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. “Unclassified” is weight we could not classify (0% of PAVE, 3% of SKYY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| PAVE | +4.0% | +23.0% | +29.9% | +22.7% | +18.1% | — | 0.73% |
| SKYY | +12.3% | +20.1% | +27.6% | +25.7% | +8.0% | +17.1% | — |
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 PAVE vs SKYY →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do PAVE and SKYY overlap?
PAVE and SKYY overlap by 0.0% of portfolio weight. They share 0 holdings (PAVE holds 100 positions and SKYY holds 62), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PAVE and SKYY?
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 PAVE own that SKYY doesn't?
100 positions (99.9% of PAVE) are unique to PAVE, led by PWR, CSX and ETN. In the other direction, 62 positions (100.0% of SKYY) are unique to SKYY.