PAVE vs SUSA: Holdings Overlap
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
SUSAiShares ESG Optimized MSCI USA ETF
iShares · 170 holdings · $4.1B · as of 2026-04-30
Holdings snapshots are 31 days apart (PAVE: 2026-05-31, SUSA: 2026-04-30). 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 SUSA?
Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100 positions; iShares ESG Optimized MSCI USA ETF (SUSA, by iShares) holds 170. They have 8 holdings in common, and by portfolio weight the two funds are 3.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8PAVE holds 100 · SUSA holds 170
- Weight in Shared Holdings
- PAVE 20%·SUSA 4%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
92 of 100 positions (79.8% of the fund) are not held by SUSA. Showing the top 30 by weight.
Sector Breakdown
| Sector | PAVE | SUSA |
|---|---|---|
| Industrials | 75.1% | 11.3% |
| Information Technology | 1.1% | 38.2% |
| Materials | 20.3% | 2.7% |
| Financials | 0.0% | 11.9% |
| Health Care | 0.0% | 9.0% |
| Other Sectors | 3.1% | 26.8% |
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 |
|---|---|---|---|---|---|---|---|
| PAVE | +4.0% | +23.0% | +29.9% | +22.7% | +18.1% | — | 0.73% |
| SUSA | +3.0% | +14.4% | +24.2% | +19.9% | +11.2% | +14.9% | 0.82% |
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 SUSA →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by CRH, TT and PNR.
 CRHCRH plc | 2.41% | 1.04% | 1.04% |
|---|---|---|---|
 TTTrane Technologies PLC COM USD1 | 3.19% | 1.03% | 1.03% |
 PNRPentair PLC COM USD0.01 | 0.63% | 0.54% | 0.54% |
 JJacobs Solutions Inc. COM | 0.76% | 0.53% | 0.53% |
 DEDeere & Company COM | 2.86% | 0.16% | 0.16% |
 HWMHowmet Aerospace Inc COM | 3.27% | 0.16% | 0.16% |
 PWRQuanta Services, Inc. COM | 4.18% | 0.13% | 0.13% |
 URIUnited Rentals, Inc. COM | 2.87% | 0.12% | 0.12% |
Frequently Asked Questions
How much do PAVE and SUSA overlap?
PAVE and SUSA overlap by 3.7% of portfolio weight. They share 8 holdings (PAVE holds 100 positions and SUSA holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PAVE and SUSA?
The two portfolios are 3.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of PAVE and SUSA?
The largest positions held by both funds are CRH, TT, PNR, J and DE. Together the top 8 shared positions account for 100% of the total overlap.
What does PAVE own that SUSA doesn't?
92 positions (79.8% of PAVE) are unique to PAVE, led by CSX, ETN and UNP. In the other direction, 162 positions (96.1% of SUSA) are unique to SUSA.