Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
GRID vs QQQ: how they differ
Over the year GRID and QQQ finished level, +22.9% against +23.0%, and QQQ charges 0.18% against 0.56%.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund and Invesco QQQ Trust.
What they hold in common
By the books each fund has filed, GRID and QQQ hold 8% of their money in the same securities at the same weight.
| Holding | GRID | QQQ |
|---|---|---|
| NVIDIA Corporation | 2.24% | 8.52% |
| Tesla, Inc. | 1.81% | 2.92% |
| Cisco Systems, Inc. | 1.65% | 1.88% |
| Texas Instruments Incorporated | 0.92% | 1.05% |
| QUALCOMM Incorporated | 0.72% | 0.83% |
| Analog Devices, Inc. | 0.69% | 0.78% |
| Honeywell International Inc. | 0.26% | 0.28% |
| NXP Semiconductors N.V. | 0.20% | 0.25% |
| Only in GRID | Only in QQQ |
|---|---|
| Schneider Electric SE 9.13% | Apple Inc 7.72% |
| Eaton Corporation Plc 8.86% | Microsoft Corp 5.89% |
| Johnson Controls International Plc 8.45% | Micron Technology Inc 4.90% |
| ABB Ltd 7.72% | Amazon.com Inc 4.36% |
| Quanta Services, Inc. 7.54% | Advanced Micro Devices Inc 3.65% |
| E.ON SE 4.16% | Alphabet Inc 3.12% |
| National Grid Plc 4.10% | Meta Platforms Inc 3.07% |
| Prysmian SpA 3.57% | Alphabet Inc 2.90% |
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 | QQQ Invesco QQQ Trust | |
|---|---|---|
| Where it sits | Thematic ETF | Core index fund |
| Issuer | First Trust | Invesco |
| What it is | Electrification and the grid | Nasdaq-100 |
| Total return, 1 year | +22.9% | +23.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | +5.5 pts |
| Expense ratio | 0.56% | 0.18% |
| Already in the S&P 500 | 40.0% | 96.7% |
| Holdings | 122 | 105 |
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.
QQQ in plain words
QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.0%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GRID or QQQ?
- In the year to Sep 13, 2026, with distributions reinvested, GRID returned +22.9% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GRID or QQQ?
- GRID charges 0.56% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
- How much do GRID and QQQ overlap with the S&P 500?
- By their latest filed holdings, 40% of GRID and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 8% of their books are the same securities at the same weight.
- Are GRID and QQQ the same kind of fund?
- No. GRID is a thematic ETF and QQQ 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 QQQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/grid-vs-qqq Free to use with attribution; the underlying files are at Open data.
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