PAVEvsHWAYETF Comparison
Global X U.S. Infrastructure Development ETF (PAVE) and Themes US Infrastructure ETF (HWAY) belong to the same industry segment: Infrastructure. PAVE's top 3 sector exposures are Industrials, Materials and Utilities. In contrast, HWAY's top sector exposures are Industrials, Materials and Consumer Discretionary. PAVE is more expensive with a Total Expense Ratio (TER) of 0.47%, versus 0.29% for HWAY. PAVE is up 17.38% year-to-date (YTD) with +$1.23B in YTD flows. HWAY performs better with 18.88% YTD performance, and +$689K in YTD flows. Run a side-by-side ETF comparison of PAVE and HWAY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
PAVE vs HWAY performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PAVE HWAY | +10.02%+10.62% | +9.69%+10.15% | +17.38%+18.88% | +48.91%+50.86% | +106.80%n/a | +123.02%n/a |
| Flows | PAVE HWAY | +$167M- | +$974M+$359K | +$1.23B+$689K | +$1.86B+$1M | +$3.78B- | +$4.67B- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PAVE HWAY | +23.61%+24.50% | +18.58%+18.97% | +20.44%n/a | +21.93%n/a |
| Max drawdown | PAVE HWAY | -11.91%-12.66% | -11.91%-12.66% | -26.27%n/a | -26.27%n/a |
| Max drawdown duration | PAVE HWAY | 59d59d | 59d59d | 239dn/a | 239dn/a |
PAVE | HWAY | |
Last sale 4/24/2026 at 1:30 PM | $56.10 | $36.78 |
| Previous close 04/24/2026 | $56.35 | $37.04 |
| 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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PAVE | HWAY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
PAVE | HWAY | |
|---|---|---|
| Last price | $56.10 | $36.78 |
| 1D performance | -0.44% | -0.69% |
| AuM | $13.00 B | $2.94 M |
| E/R | 0.47% | 0.29% |
PAVE | HWAY | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Global X | Themes Management Company |
| Benchmark | Indxx U.S. Infrastructure Development Index | Solactive United States Infrastructure Index |
| N° of holdings | 91 | 93 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 6, 2017 | September 12, 2024 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
