PAVE vs VIOG: Holdings Overlap
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
VIOGVanguard S&P Small-cap 600 Growth Index Fund
Vanguard · 342 holdings · $1.1B · as of 2026-05-31
How similar are PAVE and VIOG?
Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100 positions; Vanguard S&P Small-cap 600 Growth Index Fund (VIOG, by Vanguard) holds 342. They have 16 holdings in common, and by portfolio weight the two funds are 5.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 16PAVE holds 100 · VIOG holds 342
- Weight in Shared Holdings
- PAVE 6%·VIOG 9%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
84 of 100 positions (94.2% of the fund) are not held by VIOG. Showing the top 30 by weight.
Sector Breakdown
| Sector | PAVE | VIOG |
|---|---|---|
| Industrials | 75.1% | 21.8% |
| Materials | 20.3% | 2.5% |
| Information Technology | 1.1% | 18.4% |
| Health Care | 0.0% | 14.7% |
| Financials | 0.0% | 14.2% |
| Other Sectors | 3.1% | 28.2% |
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% |
| VIOG | +1.1% | +25.9% | +33.8% | +15.2% | +6.8% | +11.2% | 0.75% |
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 VIOG →
Shared Holdings(16)
The top 10 shared positions account for 77% of the overlap, led by POWL, MYRG and AGX.
 POWLPowell Industries Inc. COM | 0.56% | 0.96% | 0.56% |
|---|---|---|---|
 MYRGMYR Group, Inc. | 0.51% | 0.85% | 0.51% |
 AGXArgan Inc COM | 0.50% | 1.10% | 0.50% |
 ECGEverus Construction Group Inc. COM | 0.45% | 0.90% | 0.45% |
 ZWSZurn Elkay Water Solutions Corporation COMMON STOCK | 0.43% | 0.83% | 0.43% |
 PRIMPrimoris Services Corp. COM | 0.37% | 0.80% | 0.37% |
 ACAArcosa Inc COM | 0.34% | 0.47% | 0.34% |
 GVAGranite Construction Inc COM | 0.32% | 0.70% | 0.32% |
 MTRNMaterion Corp COM | 0.41% | 0.30% | 0.30% |
 MWAMueller Water Products, Inc. COM SER A | 0.26% | 0.30% | 0.26% |
 CENXCentury Aluminum Company COM | 0.38% | 0.25% | 0.25% |
 CSWCSW Industrials Inc. COM | 0.25% | 0.31% | 0.25% |
 DXPEDXP Enterprises Inc. COM NEW | 0.30% | 0.22% | 0.22% |
 BMIBadger Meter Inc COM | 0.20% | 0.43% | 0.20% |
 CALXCalix Inc. COM | 0.20% | 0.28% | 0.20% |
 ASTEAstec Industries Inc. COM | 0.28% | 0.07% | 0.07% |
Frequently Asked Questions
How much do PAVE and VIOG overlap?
PAVE and VIOG overlap by 5.2% of portfolio weight. They share 16 holdings (PAVE holds 100 positions and VIOG holds 342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PAVE and VIOG?
The two portfolios are 5.2% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of PAVE and VIOG?
The largest positions held by both funds are POWL, MYRG, AGX, ECG and ZWS. Together the top 10 shared positions account for 77% of the total overlap.
What does PAVE own that VIOG doesn't?
84 positions (94.2% of PAVE) are unique to PAVE, led by PWR, CSX and ETN. In the other direction, 326 positions (91.0% of VIOG) are unique to VIOG.