Fund Overlap

See which holdings any two equity ETFs have in common, along with top differences in exposure.


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15

Number of overlapping holdings

15.3%

% of PAVE's 99 holdings also in PRN

37.5%

% of PRN's 40 holdings also in PAVE

Overlap by Weight
Sector Drift (PAVE minus PRN)
Overlapping Holdings

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Company Weight
in PAVE
Weight
in PRN
Overlap
TRANE TECHNOLOGIES PLC 3.1% 3.2% 3.1%
QUANTA SERVICES INC 2.9% 3.3% 2.9%
UNITED RENTALS INC 3.0% 2.7% 2.7%
EATON CORP PLC 3.4% 2.4% 2.4%
HOWMET AEROSPACE INC. 2.2% 2.2% 2.2%

Position Highlights (Non-Overlapping Exposures)
PAVE Overweight Relative to PRN
MARTIN MARIETTA MATERIALS 3.2%
PARKER HANNIFIN CORP 3.1%
EMERSON ELECTRIC CO 3.1%
NUCOR CORP 3.1%
DEERE & CO 2.8%
VULCAN MATERIALS CO 2.8%
NORFOLK SOUTHERN CORP 2.7%
CSX CORP 2.7%
SEMPRA ENERGY 2.7%
FASTENAL CO 2.7%
PAVE Underweight Relative to PRN
CINTAS CORP -4.1%
HEICO CORP -3.9%
AMETEK INC -3.5%
COMFORT SYSTEMS USA INC -3.5%
COPART INC -3.5%
VERTIV HOLDINGS CO. CLASS A -3.3%
SAIA INC -3.1%
WW GRAINGER INC -3.0%
PACKAGING CORP OF AMERICA -2.6%
TRANSDIGM GROUP INC -2.6%
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