VS
Global X U.S. Infrastructure Development Index ETF (PAVE) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that PAVE focuses its top 3 sector exposures on Industrials, Materials, and Utilities, while XIC leans towards Financials, Energy, and Materials. When evaluating costs, PAVE features a management fee (MER) of 0.49%, compared to 0.05% for XIC. 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
PAVE
XIC
| AuM | $3.07 M | $29,091.88 M |
| Management Fees | 0.49% | 0.05% |
| Exp. ratio | 0.49% | 0.06% |
| Tracking Difference | - | -0.12% |
Historical performance and flows
As of May 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PAVE | - | - | - | - | - |
XIC | +0.85% | +3.23% | +8.43% | +36.89% | +81.94% | |
| Flows | PAVE | - | - | - | - | - |
XIC | +$714 M | +$3,128 M | +$5,257 M | +$7,785 M | +$11,226 M |
PAVE vs XIC exposure
Countries
PAVE
USA
87.88%
Ireland
9.93%
XIC
Canada
98.95%
Sectors
PAVE
Industrials
68.61%
Materials
19.86%
Other
11.53%
XIC
Financials
28.13%
Energy
18.01%
Materials
15.92%
Other
13.03%
Other
24.92%
As of May 11, 2026
Top 10 Holdings
PAVE
QUANTA SERVICES
3.59%
SEMPRA ENERGY
3.54%
CSX
3.50%
DEERE
3.34%
TRANE TECHNOLOGIES PLC
3.26%
UNION PACIFIC U
3.25%
EATON CORP PLC
3.24%
HOWMET AEROSPACE INC
3.23%
FASTENAL
3.17%
NORFOLK SOUTHERN
3.07%
XIC
ROYAL BK CANADA
6.69%
TORONTO DOMINION
4.64%
SHOPIFY SUBORDINATE VOTING
4.31%
ENBRIDGE
3.50%
AGNICO EAGLE MINES LTD
3.01%
CDN NATURAL RESOURCE
3.01%
BANK OF MONTREAL
2.83%
CA11271J1075
2.65%
CDN IMPERIAL BK
2.61%
BNS
2.53%
Diversification
PAVE
Total weight of top 10 holdings out of 99 total
33.19%
XIC
Total weight of top 10 holdings out of 221 total
35.80%
Characteristics
Compare
PAVE
XIC
| Provider | Global X | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Indxx U.S. Infrastructure Development Total Return Index - USD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.06% |
| Meets ESG criteria | No | No |
| Inception Date | April 29, 2026 | February 16, 2001 |
Frequently asked questions about PAVE and XIC
Which ETF is larger by assets under management: PAVE or XIC?
As of May 11, 2026, PAVE manages $3.07 M in assets, while XIC manages $29.09 B. XIC is the larger fund by AUM.
How are PAVE and XIC managed?
PAVE is passively managed by Global X. It tracks the Indxx U.S. Infrastructure Development Total Return Index - USD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do PAVE and XIC emphasize?
PAVE is most exposed to Industrials, Materials, and Utilities. XIC is most exposed to Financials, Energy, and Materials.
How do the fees of PAVE and XIC compare?
PAVE has an expense ratio of 0.49%, while XIC has an expense ratio of 0.06%.
What are the top holdings of PAVE and XIC?
PAVE's largest holdings include QUANTA SERVICES and SEMPRA ENERGY. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: PAVE or XIC?
PAVE holds 91 securities, while XIC holds 193. On holdings count, XIC is the more diversified portfolio.
Recent articles about PAVE and XIC
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