IYT vs PAVE overlap - what they share and where they differ
IYT and PAVE share 9.5% of their weight across 3 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
IYT and PAVE
9.5%
3 shared positions
IYT
iShares U.S. Transportation ETF
Reported positions cover 100% of the fund, 43 positions · Jul 31, 2026
Top 10: 72.8%·Holdings of IYT
PAVE
Global X U.S. Infrastructure Development ETF
Reported positions cover 100% of the fund, 100 positions · May 31, 2026
Top 10: 32.3%·Holdings of PAVE
Reported positions cover IYT 100%, PAVE 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
PAVE vs IYT side by side
IYTiShares U.S. Transportation ETF
43
stock positions reported to the SEC
68.4% of its weight is in 40 names PAVE does not hold
PAVEGlobal X U.S. Infrastructure Development ETF
100
stock positions reported to the SEC
90.4% of its weight is in 97 names IYT does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Basic Materials: PAVE has 32.3 points more of it.
The figures side by side
| IYT | PAVE | |
|---|---|---|
| Filing date | Jul 31, 2026 | May 31, 2026 |
| Stock positions reported | 43 | 100 |
| Weight of the ten largest | 72.8% | 32.3% |
| Largest position | UNP 17.4% | PWR 4.2% |
| Held alone | 40 positions, 68.4% | 97 positions, 90.4% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In IYT | In PAVE | Counted |
|---|---|---|---|
| CSXCSX Corporation | 9.38% | 3.48% | 3.48% |
| UNPUNION PACIFIC CORPORATION | 17.38% | 3.12% | 3.12% |
| NSCNORFOLK SOUTHERN CORPORATION | 4.79% | 2.90% | 2.90% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in IYT
Only in PAVE
Questions people ask
Is IYT the same as PAVE?
9.5% of their weight sits in the same 3 holdings. IYT also reports UBER, UPS, DAL, which the other does not. PAVE also reports PWR, ETN, HWM, which the other does not.
How is the overlap between IYT and PAVE measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of IYT and 100% of PAVE, so the number cannot exceed the smaller coverage.
Which holds more, PAVE or IYT?
IYT reports 43 stock positions and PAVE reports 100. 68.4% of IYT's weight sits in names PAVE does not hold, and 90.4% of PAVE's weight in names IYT does not hold. The ten largest positions are 72.8% of IYT and 32.3% of PAVE.
How do IYT and PAVE differ by sector?
The widest gap is Basic Materials: PAVE has 32.3 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
Add a third fund in the tool·All fund pairs
Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.