Data as of . Every figure is the themes desk's own, on published data.
FDN vs GRID
3% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FDN and GRID hold 3% of their money in the same securities at the same weight.
| Holding | FDN | GRID |
|---|---|---|
| Cisco Systems, Inc. | 7.22% | 1.66% |
| Oracle Corporation | 4.52% | 1.20% |
| US Dollar | 0.07% | 0.26% |
| Only in FDN | Only in GRID |
|---|---|
| Amazon.com, Inc. 9.84% | Schneider Electric SE 9.11% |
| Meta Platforms, Inc. (Class A) 9.79% | Eaton Corporation Plc 8.80% |
| Salesforce, Inc. 6.19% | Johnson Controls International Plc 8.49% |
| Arista Networks, Inc. 5.21% | ABB Ltd 7.70% |
| Booking Holdings Inc. 4.91% | Quanta Services, Inc. 7.53% |
| Alphabet Inc. (Class A) 4.78% | National Grid Plc 4.14% |
| Snowflake Inc. (Class A) 4.35% | E.ON SE 4.11% |
| Netflix, Inc. 3.89% | Prysmian SpA 3.53% |
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 as filed for Sep 4, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDN | GRID | FDN | GRID | FDN | GRID | |
| 3 months | +7.0% | −4.2% | +2.3 pts | −8.9 pts | +4.9 pts | −6.3 pts |
| 6 months | +18.1% | +8.4% | +2.9 pts | −6.8 pts | −2.1 pts | −11.8 pts |
| 1 year | +3.8% | +26.6% | −16.2 pts | +6.6 pts | −21.8 pts | +1.0 pts |
| 3 years | +69.7% | +85.1% | −8.3 pts | +7.1 pts | −23.8 pts | −8.4 pts |
| Since launch | +1039.1% | +554.4% | +227.8 pts | −257.0 pts | −644.9 pts | −1129.7 pts |
| FDN First Trust Dow Jones Internet Index Fund | GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | |
|---|---|---|
| Issuer | First Trust | First Trust |
| Theme | Internet and e-commerce | Electrification and the grid |
| In the S&P 500 | 82.7% | 39.9% |
| Active share vs the S&P 500 | 85.5% | 91.9% |
| In the Nasdaq-100 | 57.3% | 8.6% |
| Holdings | 42 | 121 |
| Top ten, share of the fund | 60.6% | 58.4% |
| Expense ratio | 0.49% | 0.56% |
| Fee for the differing part | 0.57% | 0.61% |
| Total return, 1 year | +3.8% | +26.6% |
| vs the S&P 500 | −16.2 pts | +6.6 pts |
| vs the Nasdaq-100 | −21.8 pts | +1.0 pts |
| Below its high | −1.5% | −10.1% |
FDN in plain words
By weight, 83% of FDN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 61% of the fund across 42 positions, as filed for Sep 3, 2026. Over the year to Sep 4, 2026 the fund returned +3.8% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 16.2 pts.
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 58% of the fund across 121 positions, as filed for Sep 3, 2026. Over the year to Sep 4, 2026 the fund returned +26.6% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 6.6 pts. It sits 10.1% below its all-time high of May 11, 2026.
Questions people ask
- Do FDN and GRID hold the same stocks?
- By their latest filings, 3% 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, FDN or GRID?
- FDN has 83% of its weight in S&P 500 names and GRID has 40%, so GRID differs more from the index.
- Which is cheaper, FDN or GRID?
- FDN charges 0.49% a year and GRID charges 0.56%, so FDN 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, FDN against GRID, data as of Sep 4, 2026. https://etfiq.com/compare/themes/FDN-GRID.html Free to use with attribution; the underlying files are at Open data.