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PAVEvsMADEETF Comparison

ETF 1

PAVE

Global X U.S. Infrastructure Development ETF

This fund is part of

Infrastructure

+0.66%

Full PAVE fund page

VS

ETF 2

MADE

iShares U.S. Manufacturing ETF

This fund is part of

US Large Cap

+0.54%

Full MADE fund page

Global X U.S. Infrastructure Development ETF (PAVE) belongs to the Infrastructure segment. iShares U.S. Manufacturing ETF (MADE) is part of the US Large Cap segment. PAVE's top 3 sector exposures are Industrials, Materials and Utilities. In contrast, MADE's top sector exposures are Industrials, Information Technology and Consumer Discretionary. PAVE is more expensive with a Total Expense Ratio (TER) of 0.47%, versus 0.4% for MADE. PAVE is up 20.88% year-to-date (YTD) with +$1.75B in YTD flows. MADE performs worse with 20.79% YTD performance, and +$21M in YTD flows. Run a side-by-side ETF comparison of PAVE and MADE 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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PAVE vs MADE performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 06/12/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PAVE MADE	+2.18%+1.06%	+14.36%+11.09%	+20.88%+20.79%	+36.92%+45.70%	+99.31%n/a	+129.85%n/a
Flows	PAVE MADE	+$83M-$1M	+$703M+$3M	+$1.75B+$21M	+$2.27B+$25M	+$4.19B-	+$4.46B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PAVE MADE	+24.68%+28.61%	+19.66%+21.37%	+20.58%n/a	+22.07%n/a
Max drawdown	PAVE MADE	-7.81%-7.06%	-11.91%-12.88%	-26.27%n/a	-26.27%n/a
Max drawdown duration	PAVE MADE	37d13d	59d50d	239dn/a	239dn/a

Trading data

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	PAVE	MADE
Last sale 6/12/2026 at 1:30 PM	$57.76	$37.64
Previous close 06/11/2026	$57.18	$37.35
Consolidated volume 06/11/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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	PAVE	MADE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/12/2026 at 1:30 PM

Live

Closed

	PAVE	MADE
Last price	$57.76	$37.64
1D performance	+1.01%	+0.78%
AuM	$13.91 B	$56.43 M
E/R	0.47%	0.4%

Characteristics

	PAVE	MADE
Management strategy	Passive	Passive
Provider	Global X	iShares
Benchmark	Indxx U.S. Infrastructure Development Index	S&P U.S. Manufacturing Select Index
N° of holdings	91	100
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	March 6, 2017	July 18, 2024
ESG	No	No

More PAVE data on Trackinsight

More MADE data on Trackinsight

Exposure

Countries

PAVE

USA

87.71%

Ireland

10.19%

Other

2.09%

MADE

USA

84.27%

Ireland

14.35%

Other

1.39%

Sectors

PAVE

Industrials

68.87%

Materials

20.15%

Other

10.98%

MADE

Industrials

73.82%

Information Techn.

11.16%

Other

15.02%

Diversification

PAVE

Total weight of top 15 holdings out of 15

45.89%

MADE

Total weight of top 15 holdings out of 15

53.06%

Top 15 holdings

Data as of April 30, 2026

PAVE

QUANTA SERVICES

3.77%

CSX

3.50%

EATON CORP PLC

3.45%

TRANE TECHNOLOGIES PLC

3.45%

UNION PACIFIC U

3.21%

HOWMET AEROSPACE INC

3.05%

SEMPRA ENERGY

3.03%

NORFOLK SOUTHERN

3.03%

DEERE

3.01%

PARKER HANNIFIN

2.82%

NUCOR

2.81%

UNITED RENTALS

2.80%

FASTENAL

2.74%

ROCKWELL AUTOMAT

2.64%

CRH PLC

2.56%

MADE

CATERPILLAR

4.70%

EATON CORP PLC

4.55%

VERTIV HOLDINGS

4.54%

CUMMINS

4.35%

AMPHENOL

4.09%

DEERE

3.71%

HONEYWELL INTL

3.34%

PARKER HANNIFIN

3.28%

GENERAL MOTORS

3.27%

TRANE TECHNOLOGIES PLC

3.12%

PACCAR

2.93%

IE000IVNQZ81

2.92%

US19247G1076

2.82%

RAYTHEON TECHNOLOGIES CORPORD

2.80%

BLOOM ENERGY CORP

2.64%

Frequently asked questions about PAVE and MADE

PAVEvsMADEETF Comparison

Global X U.S. Infrastructure Development ETF

iShares U.S. Manufacturing ETF

PAVE vs MADE performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PAVE and MADE ETFs performed in 2026?

As of June 12, 2026, PAVE is up 20.88% year-to-date (YTD), while MADE has returned 20.79%. That puts PAVE better performer ahead so far this year.

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

Year-to-date, the PAVE ETF saw +$1.75B in flows, compared to +$21M for MADE.

Which ETF is more volatile: PAVE or MADE?

Over the past year, PAVE had a volatility of 19.66%, while MADE experienced 21.37%.

Which ETF is bigger: PAVE or MADE?

As of June 12, 2026, PAVE holds $13.91 B in assets under management (AUM), while MADE manages $56.43 M.

What sectors do the PAVE and MADE ETFs invest in?

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

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

PAVE top holdings include QUANTA SERVICES, CSX and EATON CORP PLC. MADE holds in its top three: CATERPILLAR, EATON CORP PLC and VERTIV HOLDINGS.

Which ETF is more diversified: PAVE or MADE?

PAVE holds 100 securities with 45.89% of its assets in the top 15. MADE has 112 securities and a top 15 weight of 53.06%.

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