PAVE vs VTI: Holdings Overlap
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
VTIVanguard Total Stock Market Index Fund
Vanguard · 3505 holdings · $696.4B · as of 2026-03-31
Holdings snapshots are 61 days apart (PAVE: 2026-05-31, VTI: 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 VTI?
Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100 positions; Vanguard Total Stock Market Index Fund (VTI, by Vanguard) holds 3505. They have 98 holdings in common, and by portfolio weight the two funds are 3.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 98PAVE holds 100 · VTI holds 3505
- Weight in Shared Holdings
- PAVE 98%·VTI 3%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
2 of 100 positions (1.9% of the fund) are not held by VTI.
AMRZAmrize Ltd.1.63%
- Titan America SA0.26%
Sector Breakdown
| Sector | PAVE | VTI |
|---|---|---|
| Industrials | 75.1% | 10.4% |
| Information Technology | 1.1% | 30.5% |
| Materials | 20.3% | 2.3% |
| Financials | 0.0% | 12.7% |
| Health Care | 0.0% | 10.0% |
| Other Sectors | 3.1% | 33.4% |
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% |
| VTI | +3.3% | +14.6% | +24.2% | +20.9% | +12.3% | +14.9% | 1.02% |
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 VTI →
Shared Holdings(98)
The top 10 shared positions account for 50% of the overlap, led by DE, UNP and ETN.
 DEDeere & Company COM | 2.86% | 0.23% | 0.23% |
|---|---|---|---|
 UNPUnion Pacific Corporation COM | 3.12% | 0.23% | 0.23% |
 ETNEaton Corporation PLC COM USD0.01 | 3.30% | 0.22% | 0.22% |
 PHParker-Hannifin Corp. COM | 2.48% | 0.18% | 0.18% |
 HWMHowmet Aerospace Inc COM | 3.27% | 0.15% | 0.15% |
 TTTrane Technologies PLC COM USD1 | 3.19% | 0.15% | 0.15% |
 PWRQuanta Services, Inc. COM | 4.18% | 0.13% | 0.13% |
 CSXCSX Corporation COM | 3.48% | 0.12% | 0.12% |
 EMREmerson Electric Co. COM | 2.64% | 0.12% | 0.12% |
 CRHCRH plc | 2.41% | 0.11% | 0.11% |
 NSCNorfolk Southern Corporation COM | 2.90% | 0.10% | 0.10% |
 SRESempra COM | 2.86% | 0.10% | 0.10% |
 FASTFastenal Co. COM | 2.71% | 0.08% | 0.08% |
 URIUnited Rentals, Inc. COM | 2.87% | 0.07% | 0.07% |
 ROKRockwell Automation, Inc. COM | 2.92% | 0.06% | 0.06% |
 NUENucor Corporation COM | 3.10% | 0.06% | 0.06% |
 VMCVulcan Materials Company COM | 2.03% | 0.06% | 0.06% |
 MLMMartin Marietta Materials Inc COM | 1.90% | 0.06% | 0.06% |
 EMEEmcor Group Inc COM | 2.01% | 0.05% | 0.05% |
 HUBBHubbell Incorporated COM | 1.36% | 0.04% | 0.04% |
 STLDSteel Dynamics, Inc. COM | 2.06% | 0.04% | 0.04% |
 WWDWoodward Inc. COM | 1.14% | 0.03% | 0.03% |
 MTZMastec, Inc. COM | 1.62% | 0.03% | 0.03% |
 ATIATI Inc COMMON STOCK | 1.29% | 0.03% | 0.03% |
 CRSCarpenter Technology Corporation COM | 1.27% | 0.03% | 0.03% |
Frequently Asked Questions
How much do PAVE and VTI overlap?
PAVE and VTI overlap by 3.3% of portfolio weight. They share 98 holdings (PAVE holds 100 positions and VTI holds 3505), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PAVE and VTI?
The two portfolios are 3.3% 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 VTI?
The largest positions held by both funds are DE, UNP, ETN, PH and HWM. Together the top 10 shared positions account for 50% of the total overlap.
What does PAVE own that VTI doesn't?
2 positions (1.9% of PAVE) are unique to PAVE, led by AMRZ and Titan America SA. In the other direction, 3407 positions (96.4% of VTI) are unique to VTI.