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MADEvsPAVEETF Comparison

ETF 1
MADE

iShares U.S. Manufacturing ETF

This fund is part of
US Large Cap
-0.07%
Full MADE fund page
VS
ETF 2
PAVE

Global X U.S. Infrastructure Development ETF

This fund is part of
Infrastructure
+0.23%
Full PAVE fund page

iShares U.S. Manufacturing ETF (MADE) belongs to the US Large Cap segment. Global X U.S. Infrastructure Development ETF (PAVE) is part of the Infrastructure segment. MADE's top 3 sector exposures are Industrials, Information Technology and Consumer Discretionary. In contrast, PAVE's top sector exposures are Industrials, Materials and Utilities. MADE is less expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.47% for PAVE. MADE is up 11.35% year-to-date (YTD) with +$18M in YTD flows. PAVE performs worse with 8.76% YTD performance, and +$1.05B in YTD flows. Run a side-by-side ETF comparison of MADE 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.

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MADE vs PAVE performance and flow charts

Performance

-8.0-6.0-4.0-2.00.02.0%Feb 11Feb 19Feb 26Mar 5

Cumulative Flows

0 M100 M200 M300 M400 M500 M600 MFeb 11Feb 19Feb 26Mar 5

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
MADE
PAVE
-4.40%-6.58%
+8.29%+5.17%
+11.35%+8.76%
+49.23%+38.54%
n/a+92.66%
n/a+119.98%
Flows
MADE
PAVE
+$12M+$565M
+$18M+$1.31B
+$18M+$1.05B
+$27M+$1.28B
-+$3.60B
-+$5.55B
Volatility and drawdown
3M1Y3Y5Y
Volatility
MADE
PAVE
+21.47%+19.64%
+23.14%+22.57%
n/a+20.32%
n/a+21.77%
Max drawdown
MADE
PAVE
-7.02%-7.29%
-16.09%-14.24%
n/a-26.27%
n/a-26.27%
Max drawdown duration
MADE
PAVE
17d17d
45d37d
n/a239d
n/a239d
Trading data

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MADE
PAVE
Last sale
3/11/2026 at 7:59 PM
$34.73
$50.69
Previous close
03/11/2026
$34.85
$51.98
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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MADE
PAVE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/11/2026 at 7:59 PM
Live
Closed
MADE
PAVE
Last price
$34.73
$50.69
1D performance
-0.33%
-2.48%
AuM$48.95 M$11.86 B
E/R0.4%0.47%
Characteristics
MADE
PAVE
Management strategyPassivePassive
ProvideriSharesGlobal X
BenchmarkS&P U.S. Manufacturing Select IndexIndxx U.S. Infrastructure Development Index
N° of holdings10091
Asset class-Equities
Trailing 12m distribution yield
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Inception dateJuly 18, 2024March 6, 2017
ESGNoNo
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Exposure

Countries

MADE
USA
85.7%
Ireland
13.2%
Other
1.11%
PAVE
USA
90.43%
Ireland
9.45%
Other
0.12%

Sectors

MADE
Industrials
73.92%
Information Techn.
10.59%
Consumer Discreti.
8.09%
Other
7.39%
PAVE
Industrials
69.63%
Materials
21.61%
Other
8.76%
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Diversification

MADE

Total weight of top 15 holdings out of 15

52.55%
PAVE

Total weight of top 15 holdings out of 15

45.12%

Top 15 holdings

Data as of January 31, 2026
MADE
HONEYWELL INTL
4.35%
DEERE
4.16%
CATERPILLAR
3.98%
AMPHENOL
3.97%
CUMMINS
3.86%
GENERAL MOTORS
3.86%
EATON CORP PLC
3.69%
RAYTHEON TECHNOLOGIES CORPORD
3.63%
PARKER HANNIFIN
3.55%
VERTIV HOLDINGS
3.26%
IE000IVNQZ81
3.19%
PACCAR
3.10%
TRANE TECHNOLOGIES PLC
2.81%
FORD MOTOR
2.63%
AMETEK
2.50%
PAVE
HOWMET AEROSPACE INC
4.22%
PARKER HANNIFIN
3.59%
QUANTA SERVICES
3.51%
CRH PLC
3.18%
EMERSON ELECTRIC
2.97%
FASTENAL
2.96%
NORFOLK SOUTHERN
2.93%
ROCKWELL AUTOMAT
2.91%
CSX
2.90%
DEERE
2.88%
TRANE TECHNOLOGIES PLC
2.75%
SEMPRA ENERGY
2.72%
UNITED RENTALS
2.58%
NUCOR
2.55%
EATON CORP PLC
2.48%
Frequently asked questions about MADE and PAVE

How have the MADE and PAVE ETFs performed in 2026?

As of March 11, 2026, MADE is up 11.35% year-to-date (YTD), while PAVE has returned 8.76%. That puts MADE better performer ahead so far this year.

Which ETF is attracting more investor money: MADE or PAVE?

Year-to-date, the MADE ETF saw +$18M in flows, compared to +$1.05B for PAVE.

Which ETF is more volatile: MADE or PAVE?

Over the past year, MADE had a volatility of 23.14%, while PAVE experienced 22.57%.

Which ETF is bigger: MADE or PAVE?

As of March 11, 2026, MADE holds $48.95 M in assets under management (AUM), while PAVE manages $11.86 B.

What sectors do the MADE and PAVE ETFs invest in?

MADE leans toward sectors like Industrials, Information Technology and Consumer Discretionary. Meanwhile, PAVE focuses on Industrials and Materials.

What are the top holdings of the MADE ETF and PAVE ETF?

MADE top holdings include HONEYWELL INTL, DEERE and CATERPILLAR. PAVE holds in its top three: HOWMET AEROSPACE INC, PARKER HANNIFIN and QUANTA SERVICES.

Which ETF is more diversified: MADE or PAVE?

MADE holds 112 securities with 52.55% of its assets in the top 15. PAVE has 98 securities and a top 15 weight of 45.12%.

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