{
  "page": "compare",
  "query": {
    "a": "SLX",
    "b": "IPAV"
  },
  "retrieved_at": "2026-07-07T14:49:45+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "VanEck Steel ETF",
    "ticker": "SLX",
    "slug": "SLX",
    "series_id": "S000013721",
    "html_url": "https://fundwatcher.app/funds/SLX/"
  },
  "fund_b": {
    "name": "Global X Infrastructure Development ex-U.S. ETF",
    "ticker": "IPAV",
    "slug": "IPAV",
    "series_id": "S000085030",
    "html_url": "https://fundwatcher.app/funds/IPAV/"
  },
  "overlap": {
    "coverage_a_by_b": "0.1003200304421698725989636014",
    "coverage_b_by_a": "0.1003200304421698725989636014",
    "shared_count": 12,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "RIO TINTO PLC SPON ADR",
        "value": "12369321.10",
        "weight": "0.07746773",
        "shared": false
      },
      {
        "name": "BHP Group Ltd. SPONSORED ADS",
        "value": "12107282.04",
        "weight": "0.07582661",
        "shared": false
      },
      {
        "name": "Vale S.A. SPONS ADS REPR 1 COM NPV",
        "value": "11079676.27",
        "weight": "0.06939082",
        "shared": false
      },
      {
        "name": "RIO TINTO LTD",
        "value": "10075265.82",
        "weight": "0.06310031",
        "shared": false
      },
      {
        "name": "State Street Navigator Securities Lending Portfolio II",
        "value": "10019897.35",
        "weight": "0.06275354",
        "shared": false
      },
      {
        "name": "NUCOR CORP",
        "value": "9012184.50",
        "weight": "0.05644234",
        "shared": false
      },
      {
        "name": "FORTESCUE METALS",
        "value": "8334358.46",
        "weight": "0.05219719",
        "shared": false
      },
      {
        "name": "ARCELORMITTAL CL A SPN GDR (NY REG)",
        "value": "7002693.62",
        "weight": "0.04385712",
        "shared": false
      },
      {
        "name": "RELIANCE STEEL and ALUMINUM CO",
        "value": "6774376.80",
        "weight": "0.04242719",
        "shared": false
      },
      {
        "name": "POSCO HOLDINGS INC SPON ADR",
        "value": "6750915.80",
        "weight": "0.04228026",
        "shared": false
      },
      {
        "name": "STEEL DYNAMICS INC",
        "value": "6708600.00",
        "weight": "0.04201524",
        "shared": false
      },
      {
        "name": "NIPPON STEEL COR",
        "value": "6608643.40",
        "weight": "0.04138922",
        "shared": true
      },
      {
        "name": "TENARIS SA SPON ADR",
        "value": "6090806.02",
        "weight": "0.03814606",
        "shared": false
      },
      {
        "name": "CHINA STEEL CORP",
        "value": "4592637.13",
        "weight": "0.02876319",
        "shared": false
      },
      {
        "name": "JFE HOLDINGS INC",
        "value": "3942806.52",
        "weight": "0.02469337",
        "shared": true
      },
      {
        "name": "BLUESCOPE STEEL",
        "value": "3267020.34",
        "weight": "0.02046100",
        "shared": true
      },
      {
        "name": "VOESTALPINE AG",
        "value": "3036825.75",
        "weight": "0.01901931",
        "shared": true
      },
      {
        "name": "SSAB-B",
        "value": "2914596.91",
        "weight": "0.01825381",
        "shared": true
      },
      {
        "name": "COMMERCIAL METALS CO",
        "value": "2744569.54",
        "weight": "0.01718894",
        "shared": false
      },
      {
        "name": "MINERAL RESOURCE",
        "value": "2713830.76",
        "weight": "0.01699643",
        "shared": false
      },
      {
        "name": "GERDAU SA -SPON ADR DEPOSITARY RECEIPT",
        "value": "2529202.10",
        "weight": "0.01584012",
        "shared": true
      },
      {
        "name": "CLEVELAND-CLIFFS INC",
        "value": "2441728.90",
        "weight": "0.01529229",
        "shared": false
      },
      {
        "name": "TA CHEN",
        "value": "1733044.47",
        "weight": "0.01085387",
        "shared": false
      },
      {
        "name": "ACERINOX",
        "value": "1590761.95",
        "weight": "0.00996277",
        "shared": true
      },
      {
        "name": "YAMATO KOGYO",
        "value": "1560860.00",
        "weight": "0.00977550",
        "shared": true
      },
      {
        "name": "EREGLI",
        "value": "1365062.36",
        "weight": "0.00854924",
        "shared": false
      },
      {
        "name": "Ternium SA",
        "value": "1326475.70",
        "weight": "0.00830757",
        "shared": true
      },
      {
        "name": "OUTOKUMPU OYJ",
        "value": "1260306.67",
        "weight": "0.00789317",
        "shared": true
      },
      {
        "name": "RUSSEL METALS",
        "value": "1098130.49",
        "weight": "0.00687747",
        "shared": false
      },
      {
        "name": "MARUICHI STL TUB",
        "value": "1090034.08",
        "weight": "0.00682677",
        "shared": true
      },
      {
        "name": "APERAM",
        "value": "1067123.31",
        "weight": "0.00668328",
        "shared": false
      },
      {
        "name": "HYUNDAI STEEL",
        "value": "1028842.25",
        "weight": "0.00644353",
        "shared": true
      },
      {
        "name": "SIMS LTD",
        "value": "980514.81",
        "weight": "0.00614086",
        "shared": false
      },
      {
        "name": "HANWA CO LTD",
        "value": "947436.91",
        "weight": "0.00593370",
        "shared": false
      },
      {
        "name": "LABRADOR IRON OR",
        "value": "755065.37",
        "weight": "0.00472889",
        "shared": false
      },
      {
        "name": "FENG HSIN STEEL",
        "value": "641463.87",
        "weight": "0.00401742",
        "shared": false
      },
      {
        "name": "KUMBA IRON ORE L",
        "value": "623416.98",
        "weight": "0.00390439",
        "shared": false
      },
      {
        "name": "WORTHINGTON STEEL INC",
        "value": "527058.10",
        "weight": "0.00330091",
        "shared": false
      },
      {
        "name": "CIA SIDERURGICA NACIONAL SA",
        "value": "481752.40",
        "weight": "0.00301716",
        "shared": false
      },
      {
        "name": "VESUVIUS PLC",
        "value": "476044.14",
        "weight": "0.00298141",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "ARCELORMITTAL",
        "value": "220554.88",
        "weight": "0.04062143",
        "shared": false
      },
      {
        "name": "KOMATSU LTD",
        "value": "197100.43",
        "weight": "0.03630162",
        "shared": false
      },
      {
        "name": "SHIN-ETSU CHEM",
        "value": "183509.11",
        "weight": "0.03379840",
        "shared": false
      },
      {
        "name": "POSCO HOLDINGS I",
        "value": "173411.19",
        "weight": "0.03193858",
        "shared": false
      },
      {
        "name": "CELLNEX TELECOM",
        "value": "172547.20",
        "weight": "0.03177945",
        "shared": false
      },
      {
        "name": "PRYSMIAN SPA",
        "value": "171607.87",
        "weight": "0.03160645",
        "shared": false
      },
      {
        "name": "CANADIAN PACIFIC KANSAS CITY LTD",
        "value": "168232.75",
        "weight": "0.03098482",
        "shared": false
      },
      {
        "name": "Epiroc Aktiebolag",
        "value": "166558.56",
        "weight": "0.03067647",
        "shared": false
      },
      {
        "name": "VINCI SA",
        "value": "163689.84",
        "weight": "0.03014812",
        "shared": false
      },
      {
        "name": "CEMEX SAB-SP ADR",
        "value": "161904.42",
        "weight": "0.02981928",
        "shared": false
      },
      {
        "name": "TATA STEEL LTD",
        "value": "159713.84",
        "weight": "0.02941583",
        "shared": false
      },
      {
        "name": "FERROVIAL SE",
        "value": "159510.77",
        "weight": "0.02937842",
        "shared": false
      },
      {
        "name": "CAN NATL RAILWAY",
        "value": "159484.16",
        "weight": "0.02937352",
        "shared": false
      },
      {
        "name": "HOLCIM LTD",
        "value": "140829.13",
        "weight": "0.02593767",
        "shared": false
      },
      {
        "name": "ULTRATECH CEMENT",
        "value": "140458.81",
        "weight": "0.02586947",
        "shared": false
      },
      {
        "name": "LARSEN and TOUBRO LTD",
        "value": "138728.35",
        "weight": "0.02555075",
        "shared": false
      },
      {
        "name": "NIPPON STEEL COR",
        "value": "138117.41",
        "weight": "0.02543823",
        "shared": true
      },
      {
        "name": "EIFFAGE",
        "value": "135677.25",
        "weight": "0.02498881",
        "shared": false
      },
      {
        "name": "HEIDELBERG MATERIALS AG COMMON STOCK",
        "value": "123761.63",
        "weight": "0.02279421",
        "shared": false
      },
      {
        "name": "JSW STEEL LTD /INR/ 0.00000000",
        "value": "115798.91",
        "weight": "0.02132765",
        "shared": false
      },
      {
        "name": "ATKINSREALIS GRO",
        "value": "102255.56",
        "weight": "0.01883326",
        "shared": false
      },
      {
        "name": "BLUESCOPE STEEL",
        "value": "77801.61",
        "weight": "0.01432937",
        "shared": true
      },
      {
        "name": "LS ELECTRIC CO L",
        "value": "73311.09",
        "weight": "0.01350231",
        "shared": false
      },
      {
        "name": "JFE HOLDINGS INC",
        "value": "68118.60",
        "weight": "0.01254597",
        "shared": true
      },
      {
        "name": "NKT A/S",
        "value": "61773.31",
        "weight": "0.01137730",
        "shared": false
      },
      {
        "name": "ACCIONA SA",
        "value": "60901.58",
        "weight": "0.01121675",
        "shared": false
      },
      {
        "name": "China Tower Corporation Limited",
        "value": "58072.40",
        "weight": "0.01069568",
        "shared": false
      },
      {
        "name": "INDUS TOWERS LTD",
        "value": "55318.36",
        "weight": "0.01018844",
        "shared": false
      },
      {
        "name": "POLYCAB INDIA LT",
        "value": "54610.50",
        "weight": "0.01005807",
        "shared": false
      },
      {
        "name": "TCC",
        "value": "51498.23",
        "weight": "0.00948486",
        "shared": false
      },
      {
        "name": "VOESTALPINE AG",
        "value": "51178.59",
        "weight": "0.00942599",
        "shared": true
      },
      {
        "name": "NEXANS SA",
        "value": "47362.80",
        "weight": "0.00872320",
        "shared": false
      },
      {
        "name": "JINDAL STL N POWER INR 5DM  /INR/ INE749A01030 0.00000000",
        "value": "47360.32",
        "weight": "0.00872274",
        "shared": false
      },
      {
        "name": "SAIPEM SPA",
        "value": "47230.49",
        "weight": "0.00869883",
        "shared": false
      },
      {
        "name": "GERDAU SA -SPON ADR DEPOSITARY RECEIPT",
        "value": "45728.76",
        "weight": "0.00842225",
        "shared": true
      },
      {
        "name": "AURIZON HOLDINGS",
        "value": "45486.42",
        "weight": "0.00837761",
        "shared": false
      },
      {
        "name": "SSAB-B",
        "value": "45160.81",
        "weight": "0.00831764",
        "shared": true
      },
      {
        "name": "BALFOUR BEATTY",
        "value": "43682.99",
        "weight": "0.00804546",
        "shared": false
      },
      {
        "name": "AMBUJA CEMENTS",
        "value": "39486.92",
        "weight": "0.00727263",
        "shared": false
      },
      {
        "name": "GAMUDA BHD",
        "value": "39412.49",
        "weight": "0.00725893",
        "shared": false
      },
      {
        "name": "BUZZI UNICEM SPA",
        "value": "38283.70",
        "weight": "0.00705103",
        "shared": false
      },
      {
        "name": "SAMSUNG ENGINEER",
        "value": "35223.36",
        "weight": "0.00648738",
        "shared": false
      },
      {
        "name": "AALBERTS NV COMMON STOCK",
        "value": "34473.15",
        "weight": "0.00634921",
        "shared": false
      },
      {
        "name": "HITACHI CONST MA",
        "value": "33261.51",
        "weight": "0.00612605",
        "shared": false
      },
      {
        "name": "CONCH CEMENT-H",
        "value": "32596.09",
        "weight": "0.00600349",
        "shared": false
      },
      {
        "name": "KEI INDUS LTD",
        "value": "30546.20",
        "weight": "0.00562595",
        "shared": false
      },
      {
        "name": "COMSYS HOLDINGS",
        "value": "29451.25",
        "weight": "0.00542428",
        "shared": false
      },
      {
        "name": "EXEO GROUP INC",
        "value": "28276.54",
        "weight": "0.00520793",
        "shared": false
      },
      {
        "name": "PENTA-OCEAN CONS",
        "value": "28177.92",
        "weight": "0.00518976",
        "shared": false
      },
      {
        "name": "CHINA NATL BDG-H",
        "value": "27818.44",
        "weight": "0.00512355",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001410368-26-054887",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1137360/000141036826054887/0001410368-26-054887-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002048251-26-003660",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1432353/000204825126003660/0002048251-26-003660-index.htm"
    }
  ]
}