PAVE vs VFLO: Holdings Overlap
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
VFLOVictoryShares Free Cash Flow ETF
VictoryShares · 50 holdings · $9.6B · as of 2026-03-31
Holdings snapshots are 61 days apart (PAVE: 2026-05-31, VFLO: 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 VFLO?
Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100 positions; VictoryShares Free Cash Flow ETF (VFLO, by VictoryShares) holds 50. 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 · VFLO holds 50
- Weight in Shared Holdings
- PAVE 0%·VFLO 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 VFLO. Showing the top 30 by weight.
Sector Breakdown
| Sector | PAVE | VFLO |
|---|---|---|
| Industrials | 75.1% | 10.1% |
| Information Technology | 1.1% | 30.0% |
| Materials | 20.3% | 4.6% |
| Consumer Discretionary | 0.0% | 17.9% |
| Health Care | 0.0% | 17.6% |
| Other Sectors | 3.1% | 19.3% |
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% |
| VFLO | +8.6% | +31.3% | +51.6% | +26.1% | — | — | 1.09% |
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 VFLO →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do PAVE and VFLO overlap?
PAVE and VFLO overlap by 0.0% of portfolio weight. They share 0 holdings (PAVE holds 100 positions and VFLO holds 50), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PAVE and VFLO?
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 VFLO doesn't?
100 positions (99.9% of PAVE) are unique to PAVE, led by PWR, CSX and ETN. In the other direction, 50 positions (99.5% of VFLO) are unique to VFLO.