Data as of .
AIRR vs GRID: which is really different?
AIRR and GRID hold 0% of their weight in the same names, and GRID returned more over the year.
ETFIQ Off-Index Score: AIRR scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 349 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIRR and GRID hold 0% of their money in the same securities at the same weight.
| Holding | AIRR | GRID |
|---|---|---|
| MASTEC INC | 4.18% | 0.06% |
| ARCOSA INC | 0.84% | 0.03% |
| PRIMORIS SERVICES CORP | 1.18% | 0.01% |
| Only in AIRR | Only in GRID |
|---|---|
| STERLING INFRASTRUCTURE INC 6.00% | Schneider Electric SE 9.13% |
| ARGAN INC 4.73% | Eaton Corporation Plc 8.86% |
| COMFORT SYSTEMS USA INC 4.42% | Johnson Controls International Plc 8.45% |
| CH ROBINSON WORLDWIDE INC 4.08% | ABB Ltd 7.72% |
| OWENS CORNING 3.90% | Quanta Services, Inc. 7.54% |
| DYCOM INDUSTRIES INC 3.76% | E.ON SE 4.16% |
| EMCOR GROUP INC 3.75% | National Grid Plc 4.10% |
| SAIA INC 3.54% | Prysmian SpA 3.57% |
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 Jun 30, 2026 and Sep 10, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIRR | GRID | AIRR | GRID | AIRR | GRID | |
| 3 months | −17.1% | −4.0% | −20.4 pts | −7.3 pts | −16.3 pts | −3.2 pts |
| 6 months | −1.1% | +9.9% | −17.1 pts | −6.1 pts | −21.8 pts | −10.8 pts |
| 1 year | +15.0% | +22.9% | −2.5 pts | +5.4 pts | −8.0 pts | 0.0 pts |
| 3 years | +102.4% | +88.9% | +24.5 pts | +11.0 pts | +7.3 pts | −6.2 pts |
| Since launch | +460.7% | +560.9% | +56.4 pts | −243.5 pts | −312.8 pts | −1113.0 pts |
| AIRR First Trust RBA American Industrial Renaissance ETF Holds 58 stocks in reshoring and manufacturing, 6% of its weight in S&P 500 companies | GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Holds 122 stocks in electrification and the grid, 40% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | First Trust |
| Theme | Reshoring and manufacturing | Electrification and the grid |
| In the S&P 500 | 5.5% | 40.0% |
| Active share vs the S&P 500 | 99.9% | 92.0% |
| In the Nasdaq-100 | 0.0% | 8.5% |
| Holdings | 58 | 122 |
| Top ten, share of the fund | 30.4% | 58.8% |
| Expense ratio | 0.69% | 0.56% |
| Fee for the differing part | 0.69% | 0.61% |
| Total return, 1 year | +15.0% | +22.9% |
| vs the S&P 500 | −2.5 pts | +5.4 pts |
| vs the Nasdaq-100 | −8.0 pts | 0.0 pts |
| Below its high | −19.5% | −9.2% |
AIRR in plain words
By weight, 6% of AIRR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 30% of the fund across 58 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +15.0% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 2.5 pts. It sits 19.5% below its all-time high of Jun 22, 2026.
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.
Questions people ask
- Do AIRR and GRID hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AIRR or GRID?
- AIRR has 6% of its weight in S&P 500 names and GRID has 40%, so AIRR differs more from the index.
- Which is cheaper, AIRR or GRID?
- AIRR charges 0.69% a year and GRID charges 0.56%, so GRID is cheaper. Fees come from each fund's prospectus.
Other comparisons
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, AIRR against GRID, data as of Sep 11, 2026. https://etfiq.com/compare/themes/AIRR-GRID Free to use with attribution; the underlying files are at Open data.