IFRA vs PAVE: holdings overlap, shared companies and scores
As of September 11, 2026, IFRA and PAVE overlap 36.3% by weight. iShares U.S. Infrastructure ETF (IFRA): U.S. infrastructure owners and enablers. Global X - U.S. Infrastructure Development ETF (PAVE): U.S. infrastructure developers.
Updated September 11, 2026
How much do IFRA and PAVE overlap?
As of September 11, 2026, IFRA and PAVE overlap 36.3% by weight.
39% of IFRA is already inside PAVE.
53% of PAVE is already inside IFRA.
IFRA holds 164 companies and PAVE holds 100; 53 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score IFRA and PAVE?
As of September 11, 2026, ETF Copilot scores IFRA 4.2 out of 10 and PAVE 4.2 out of 10.
They differ most on Quality: IFRA 4.5 and PAVE 2.2.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | IFRA | PAVE |
|---|---|---|
| Growth | 4.0 | 4.3 |
| Valuation | 0.9 | 1.8 |
| Risk | 5.5 | 3.6 |
| Quality | 4.5 | 2.2 |
| Return | 5.7 | 7.4 |
IFRA is the cheaper of the two at 0.30% a year
As of September 11, 2026, IFRA charges 0.30% a year, yields 1.92% and holds $4.2B in assets across 164 positions.
As of September 11, 2026, PAVE charges 0.47% a year, yields 1.07% and holds $13.8B in assets across 100 positions.
| Measure | IFRA | PAVE |
|---|---|---|
| Expense ratio | 0.30% | 0.47% |
| Dividend yield | 1.92% | 1.07% |
| Assets under management | $4.2B | $13.8B |
| Holdings | 164 | 100 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where IFRA and PAVE trade against their own history
IFRA trades at 22.3 times earnings, against its own median of 17.1, and is more expensive than 92% of its own 102 monthly readings since 2018.
PAVE trades at 27.2 times earnings, against its own median of 18.6, and is more expensive than 89% of its own 114 monthly readings since 2017.
What moved IFRA and PAVE this week
IFRA fell 0.9% in the week to September 11, 2026. The holdings that moved it most were CRH (−3.8%), NextEra Energy (−2.1%) and Union Pacific (−1.6%); Quanta Services (+4.9%) pushed the other way.
PAVE fell 1.1% in the week to September 11, 2026. The holdings that moved it most were Howmet Aerospace (−11.9%), CRH (−3.8%) and Amrize (−7.9%); Eaton (+7.1%) pushed the other way.
What do IFRA and PAVE each hold?
What's inside IFRA: Tech 1%.
33% of IFRA is its ten largest holdings.
What's inside PAVE: Tech 4%.
32% of PAVE is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “IFRA vs PAVE holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/ifra-vs-pave
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