HWAYvsPAVEETF Comparison
Themes US Infrastructure ETF (HWAY) and Global X U.S. Infrastructure Development ETF (PAVE) belong to the same industry segment: Infrastructure. HWAY's top 3 sector exposures are Industrials, Materials and Consumer Discretionary. In contrast, PAVE's top sector exposures are Industrials, Materials and Utilities. HWAY is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.47% for PAVE. HWAY is up 18.88% year-to-date (YTD) with +$689K in YTD flows. PAVE performs worse with 17.38% YTD performance, and +$1.23B in YTD flows. Run a side-by-side ETF comparison of HWAY and PAVE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
HWAY vs PAVE performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HWAY PAVE | +10.62%+10.02% | +10.15%+9.69% | +18.88%+17.38% | +50.86%+48.91% | n/a+106.80% | n/a+123.02% |
| Flows | HWAY PAVE | -+$167M | +$359K+$974M | +$689K+$1.23B | +$1M+$1.86B | -+$3.78B | -+$4.67B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HWAY PAVE | +24.50%+23.61% | +18.97%+18.58% | n/a+20.44% | n/a+21.93% |
| Max drawdown | HWAY PAVE | -12.66%-11.91% | -12.66%-11.91% | n/a-26.27% | n/a-26.27% |
| Max drawdown duration | HWAY PAVE | 59d59d | 59d59d | n/a239d | n/a239d |
HWAY | PAVE | |
Last sale 4/24/2026 at 1:30 PM | $36.78 | $56.10 |
| Previous close 04/24/2026 | $37.04 | $56.35 |
| Consolidated volume 04/24/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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HWAY | PAVE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
HWAY | PAVE | |
|---|---|---|
| Last price | $36.78 | $56.10 |
| 1D performance | -0.69% | -0.44% |
| AuM | $2.94 M | $13.00 B |
| E/R | 0.29% | 0.47% |
HWAY | PAVE | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Themes Management Company | Global X |
| Benchmark | Solactive United States Infrastructure Index | Indxx U.S. Infrastructure Development Index |
| N° of holdings | 93 | 91 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 12, 2024 | March 6, 2017 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
