VS
First Trust AlphaDEX U.S. Industrials Sector Index ETF (FHG) and Global X U.S. Infrastructure Development Index ETF (PAVE) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FHG focuses its top 3 sector exposures on Industrials, Non-Energy Materials, and Finance, while PAVE leans towards Industrials, Non-Energy Materials, and Utilities. When evaluating costs, FHG features a management fee (MER) of 0.7%, compared to 0.49% for PAVE. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FHG
PAVE
| AuM | $60.40 M | $7.37 M |
| Management Fees | 0.70% | 0.49% |
| Exp. ratio | 0.78% | 0.49% |
| Tracking Difference | -1.15% | 0.00% |
Historical performance and flows
As of August 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FHG | -0.40% | +9.50% | +17.11% | +21.12% | +58.09% |
PAVE | +1.43% | +2.36% | - | - | - | |
| Flows | FHG | +$0 M | -$0 M | +$6 M | +$9 M | +$28 M |
PAVE | +$3 M | +$6 M | - | - | - |
FHG vs PAVE exposure
Countries
FHG
USA
93.57%
PAVE
USA
92.66%
Other
7.34%
Sectors
FHG
Industrials
58.35%
Non-Energy Materials
20.98%
Finance
9.49%
Other
11.18%
PAVE
Industrials
68.41%
Non-Energy Materials
27.03%
As of August 5, 2026
Top 10 Holdings
FHG
Caterpillar, Inc.
1.46%
Fortune Brands Innovations, Inc.
1.45%
Comfort Systems USA, Inc.
1.41%
GE Vernova, Inc.
1.36%
Crane NXT Co.
1.34%
Quanta Services, Inc.
1.31%
Rocket Lab Corp.
1.30%
Mohawk Industries, Inc.
1.27%
MasTec, Inc.
1.27%
United Rentals, Inc.
1.27%
PAVE
Quanta Services, Inc.
4.03%
CSX Corp.
3.55%
Howmet Aerospace, Inc.
3.26%
Trane Technologies Plc
3.26%
Eaton Corp. Plc
3.23%
Deere & Co.
3.17%
Union Pacific Corp.
3.11%
United Rentals, Inc.
3.10%
Rockwell Automation, Inc.
3.00%
Norfolk Southern Corp.
2.89%
Diversification
FHG
Total weight of top 10 holdings out of 144 total
13.44%
PAVE
Total weight of top 10 holdings out of 100 total
32.60%
Characteristics
Compare
FHG
PAVE
| Provider | First Trust | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | StrataQuant Industrials CAD Total Return Index - CAD | Indxx U.S. Infrastructure Development Total Return Index - USD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.53% | - |
| Meets ESG criteria | No | No |
| Inception Date | October 30, 2014 | April 29, 2026 |
Frequently asked questions about FHG and PAVE
Which ETF is larger by assets under management: FHG or PAVE?
As of August 5, 2026, FHG manages $60.40 M in assets, while PAVE manages $7.37 M. FHG is the larger fund by AUM.
How are FHG and PAVE managed?
FHG is passively managed by First Trust. It tracks the StrataQuant Industrials CAD Total Return Index - CAD benchmark. PAVE is passively managed by Global X. It tracks the Indxx U.S. Infrastructure Development Total Return Index - USD benchmark.
What sectors do FHG and PAVE emphasize?
FHG is most exposed to Industrials, Non-Energy Materials, and Finance. PAVE is most exposed to Industrials, Non-Energy Materials, and Utilities.
How do the fees of FHG and PAVE compare?
FHG has an expense ratio of 0.78%, while PAVE has an expense ratio of 0.49%.
What are the top holdings of FHG and PAVE?
FHG's largest holdings include Caterpillar, Inc., Fortune Brands Innovations, Inc., and Comfort Systems USA, Inc.. PAVE's top holdings include Quanta Services, Inc., CSX Corp., and Howmet Aerospace, Inc..
Which ETF is more diversified: FHG or PAVE?
FHG holds 144 securities, while PAVE holds 100. On holdings count, FHG is the more diversified portfolio.
Recent articles about FHG and PAVE
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