MDY vs PAVE overlap - what they share and where they differ
MDY and PAVE share 11.6% of their weight across 31 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.
MDY and PAVE
11.6%
31 shared positions
MDY
State Street SPDR S&P MidCap 400SM ETF Trust
Reported positions cover 99% of the fund, 400 positions · Jun 30, 2026
Top 10: 7.7%·Holdings of MDY
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 MDY 99%, 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 MDY side by side
MDYState Street SPDR S&P MidCap 400SM ETF Trust
400
stock positions reported to the SEC
87.9% of its weight is in 369 names PAVE does not hold
PAVEGlobal X U.S. Infrastructure Development ETF
100
stock positions reported to the SEC
77.3% of its weight is in 69 names MDY does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Basic Materials: PAVE has 30.2 points more of it.
The figures side by side
| MDY | PAVE | |
|---|---|---|
| Filing date | Jun 30, 2026 | May 31, 2026 |
| Stock positions reported | 400 | 100 |
| Weight of the ten largest | 7.7% | 32.3% |
| Largest position | TWLO 0.9% | PWR 4.2% |
| Held alone | 369 positions, 87.9% | 69 positions, 77.3% |
| Covered by stock positions | 99% | 100% |
Holdings they share
| Stock | In MDY | In PAVE | Counted |
|---|---|---|---|
| CRSCARPENTER TECHNOLOGY CORP | 0.84% | 1.27% | 0.84% |
| ATIATI INC | 0.74% | 1.29% | 0.74% |
| STRLSTERLING INFRASTRUCTURE INC | 0.71% | 1.43% | 0.71% |
| MTZMASTEC INC | 0.70% | 1.62% | 0.70% |
| WWDWOODWARD INC | 0.70% | 1.14% | 0.70% |
| RBCRBC BEARINGS INC | 0.56% | 0.98% | 0.56% |
| RSRELIANCE INC | 0.52% | 1.08% | 0.52% |
| WCCWESCO INTERNATIONAL INC | 0.46% | 0.95% | 0.46% |
| RRXREGAL REXNORD CORP | 0.43% | 0.73% | 0.43% |
| DYDYCOM INDUSTRIES INC | 0.42% | 0.80% | 0.42% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in MDY
Only in PAVE
Questions people ask
Is MDY the same as PAVE?
11.6% of their weight sits in the same 31 holdings. MDY also reports TWLO, MKSI, CW, which the other does not. PAVE also reports PWR, CSX, EATON CORPORATION PUBLIC LIMITED COMPANY, which the other does not.
How is the overlap between MDY 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 99% of MDY and 100% of PAVE, so the number cannot exceed the smaller coverage.
Which holds more, PAVE or MDY?
MDY reports 400 stock positions and PAVE reports 100. 87.9% of MDY's weight sits in names PAVE does not hold, and 77.3% of PAVE's weight in names MDY does not hold. The ten largest positions are 7.7% of MDY and 32.3% of PAVE.
How do MDY and PAVE differ by sector?
The widest gap is Basic Materials: PAVE has 30.2 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.
Other pairs with these funds
MDY against other funds in the table
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.