Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
GRID vs IVV: how they differ
Over the year GRID returned more, +22.9% against +17.6%, and IVV charges 0.03% against 0.56%.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund and iShares Core S&P 500 ETF.
What they hold in common
By the books each fund has filed, GRID and IVV hold 0% of their money in the same securities at the same weight.
| Only in GRID | Only in IVV |
|---|---|
| Schneider Electric SE 9.13% | NVIDIA 8.06% |
| Eaton Corporation Plc 8.86% | APPLE 7.31% |
| Johnson Controls International Plc 8.45% | MICROSOFT 5.58% |
| ABB Ltd 7.72% | AMAZON.COM INC 3.76% |
| Quanta Services, Inc. 7.54% | ALPHABET CLASS A 2.98% |
| E.ON SE 4.16% | BROADCOM INC 2.61% |
| National Grid Plc 4.10% | ALPHABET CLASS C 2.38% |
| Prysmian SpA 3.57% | META PLATFORMS CLASS A 2.16% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | IVV iShares Core S&P 500 ETF | |
|---|---|---|
| Where it sits | Thematic ETF | Core index fund |
| Issuer | First Trust | iShares |
| What it is | Electrification and the grid | S&P 500 |
| Total return, 1 year | +22.9% | +17.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | +0.1 pts |
| Expense ratio | 0.56% | 0.03% |
| Already in the S&P 500 | 40.0% | 100.0% |
| Holdings | 122 | 505 |
GRID in plain words
By weight, 40% of GRID's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 59% of the fund across 122 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +22.9% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 5.4 pts. It sits 9.2% below its all-time high of May 11, 2026.
IVV in plain words
IVV is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.1%.
Questions people ask
- Which returned more over the last year, GRID or IVV?
- In the year to Sep 13, 2026, with distributions reinvested, GRID returned +22.9% and IVV returned +17.6%, so GRID returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GRID or IVV?
- GRID charges 0.56% a year and IVV charges 0.03%, so IVV is cheaper. Fees come from each fund's prospectus.
- How much do GRID and IVV overlap with the S&P 500?
- By their latest filed holdings, 40% of GRID and 100% of IVV by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
- Are GRID and IVV the same kind of fund?
- No. GRID is a thematic ETF and IVV is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GRID against IVV, data as of Sep 13, 2026. https://etfiq.com/compare/any/grid-vs-ivv Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources