PAVE

PAVE reports 101 positions, but the weights make it behave like about 50.6 equally weighted ones. Computed by this site from the fund's SEC Form N-PORT filing — see what this measure does not tell you and the full table.

• 008 Expense ratio
• 008 Maximum drawdown
• 008 Duration
• 007 Factor exposure
• 006 Beta
• 005 Standard deviation
• 005 Total return
• 004 Tracking error

• Top ETFs for AI Infrastructure in 2026 (Utilities, Energy, Grid)

  AI capex is increasingly an electricity story. Data-center load growth has revived a previously sleepy regulated-utility sector and pulled grid-equipment...

  10 Apr 2026 12 min ETF Analysis

• Infrastructure in a 30-Year Core: What the Data on XLU and PAVE Actually Shows

  "Infrastructure" is two different factor exposures wearing one label: XLU is regulated-utility income, PAVE is industrial build-out cyclicality. Treating...

  22 Mar 2026 8 min Long-Term Strategy

• Common Mistakes in Infrastructure Investing and How to Avoid Them

  "Infrastructure" is not one asset class. XLU (regulated utilities), PAVE (industrial buildout), and GRID (smart-grid equipment) have different factor...

  21 Mar 2026 10 min Long-Term Strategy

• Rebalancing After an AI Concentration Run: Where the Trimmed Capital Actually Belongs

  Daryanani-style threshold bands (±15% of target) reduce rebalance frequency and tax drag versus naive calendar rebalancing — but only if the chosen...

  21 Mar 2026 8 min Long-Term Strategy

• The Impact of 2026 Energy Policies on Your Long-Term Portfolio

  Five thematic ways to express a 2026 energy-policy view — PAVE, GRID, NLR, XLU, VXUS — have produced very different 5-year returns, but the risk-adjusted...

  20 Mar 2026 11 min Macro & Markets

• Data Center REITs vs. Infrastructure ETFs: Which One for Consistent Cash Flow?

  The "REITs for income, ETFs for growth" framing collapses on contact with five-year data: SRVR yields 2.6% but delivered just 0.3% annualized total return...

  20 Mar 2026 9 min ETF Analysis

• The 90/10 Allocation Framework: Pairing Broad Equity, AI Infrastructure, and a Cash Sleeve

  The 90/10 template — 90% diversified equity, 10% short-duration Treasury cash — is best understood as a 100% equity policy with a rebalancing buffer, not a...

  16 Mar 2026 10 min Long-Term Strategy

• Infrastructure ETFs in 2026: What XLU, VPU, IFRA, PAVE, and GRID Actually Own

  The "infrastructure" label hides three different factor bets: regulated utilities (XLU, VPU), broad cyclical infrastructure (IFRA), and concentrated...

  16 Mar 2026 10 min ETF Analysis