PAVE vs XMMO overlap - what they share and where they differ
PAVE and XMMO share 13.6% of their weight across 14 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.
PAVE and XMMO
13.6%
14 shared positions
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
XMMO
Invesco S&P MidCap Momentum ETF
Reported positions cover 100% of the fund, 75 positions · Jul 31, 2026
Top 10: 28.9%·Holdings of XMMO
Reported positions cover PAVE 100%, XMMO 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XMMO vs PAVE side by side
PAVEGlobal X U.S. Infrastructure Development ETF
100
stock positions reported to the SEC
86.2% of its weight is in 86 names XMMO does not hold
XMMOInvesco S&P MidCap Momentum ETF
75
stock positions reported to the SEC
75.4% of its weight is in 61 names PAVE does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Industrials: PAVE has 25.8 points more of it.
The figures side by side
| PAVE | XMMO | |
|---|---|---|
| Filing date | May 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 100 | 75 |
| Weight of the ten largest | 32.3% | 28.9% |
| Largest position | PWR 4.2% | CW 4.3% |
| Held alone | 86 positions, 86.2% | 61 positions, 75.4% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In PAVE | In XMMO | Counted |
|---|---|---|---|
| MTZMASTEC, INC. | 1.62% | 1.63% | 1.62% |
| STRLSTERLING INFRASTRUCTURE, INC. | 1.43% | 2.70% | 1.43% |
| ATIATI INC | 1.29% | 3.43% | 1.29% |
| CRSCARPENTER TECHNOLOGY CORPORATION | 1.27% | 2.28% | 1.27% |
| WWDWOODWARD, INC. | 1.14% | 2.78% | 1.14% |
| RBCRBC BEARINGS INCORPORATED | 0.98% | 1.77% | 0.98% |
| AAALCOA CORPORATION | 1.09% | 0.96% | 0.96% |
| WCCWESCO INTERNATIONAL, INC. | 0.95% | 1.55% | 0.95% |
| DYDYCOM INDUSTRIES, INC. | 0.80% | 1.67% | 0.80% |
| LECOLINCOLN ELECTRIC HOLDINGS, INC. | 0.77% | 1.16% | 0.77% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in PAVE
Only in XMMO
Questions people ask
Is PAVE the same as XMMO?
13.6% of their weight sits in the same 14 holdings. PAVE also reports PWR, CSX, ETN, which the other does not. XMMO also reports CW, FTI, NVT, which the other does not.
How is the overlap between PAVE and XMMO 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 PAVE and 100% of XMMO, so the number cannot exceed the smaller coverage.
Which holds more, XMMO or PAVE?
PAVE reports 100 stock positions and XMMO reports 75. 86.2% of PAVE's weight sits in names XMMO does not hold, and 75.4% of XMMO's weight in names PAVE does not hold. The ten largest positions are 32.3% of PAVE and 28.9% of XMMO.
How do PAVE and XMMO differ by sector?
The widest gap is Industrials: PAVE has 25.8 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.
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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.