Data as of . Every figure is the themes desk's own, on published data.
GRID vs IFRA
4% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, GRID and IFRA hold 4% of their money in the same securities at the same weight.
| Holding | GRID | IFRA |
|---|---|---|
| Quanta Services, Inc. | 7.53% | 3.77% |
| MYR Group Inc. | 0.47% | 0.27% |
| Fortis Inc. | 0.12% | 0.79% |
| MasTec, Inc. | 0.06% | 0.90% |
| Valmont Industries, Inc. | 0.04% | 0.39% |
| Primoris Services Corporation | 0.01% | 0.19% |
| Only in GRID | Only in IFRA |
|---|---|
| Schneider Electric SE 9.11% | CATERPILLAR INC. 4.57% |
| Eaton Corporation Plc 8.80% | NEXTERA ENERGY, INC. 3.97% |
| Johnson Controls International Plc 8.49% | UNION PACIFIC CORPORATION 3.88% |
| ABB Ltd 7.70% | CSX Corporation 3.10% |
| National Grid Plc 4.14% | THE SOUTHERN COMPANY 2.92% |
| E.ON SE 4.11% | DUKE ENERGY CORPORATION 2.67% |
| Prysmian SpA 3.53% | CRH PUBLIC LIMITED COMPANY 2.51% |
| nVent Electric plc 2.83% | NORFOLK SOUTHERN CORPORATION 2.49% |
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 Jun 30, 2026 and Sep 4, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| GRID | IFRA | GRID | IFRA | GRID | IFRA | |
| 3 months | −4.2% | −3.0% | −8.9 pts | −7.7 pts | −6.3 pts | −5.1 pts |
| 6 months | +8.4% | +2.3% | −6.8 pts | −12.8 pts | −11.8 pts | −17.8 pts |
| 1 year | +26.6% | +16.3% | +6.6 pts | −3.7 pts | +1.0 pts | −9.3 pts |
| 3 years | +85.1% | +63.9% | +7.1 pts | −14.1 pts | −8.4 pts | −29.6 pts |
| Since launch | +554.4% | +173.3% | −257.0 pts | −55.9 pts | −1129.7 pts | −199.2 pts |
| GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | IFRA iShares U.S. Infrastructure ETF | |
|---|---|---|
| Issuer | First Trust | iShares |
| Theme | Electrification and the grid | Infrastructure |
| In the S&P 500 | 39.9% | 75.7% |
| Active share vs the S&P 500 | 91.9% | 95.4% |
| In the Nasdaq-100 | 8.6% | 10.0% |
| Holdings | 121 | 161 |
| Top ten, share of the fund | 58.4% | 32.4% |
| Expense ratio | 0.56% | not published |
| Fee for the differing part | 0.61% | not published |
| Total return, 1 year | +26.6% | +16.3% |
| vs the S&P 500 | +6.6 pts | −3.7 pts |
| vs the Nasdaq-100 | +1.0 pts | −9.3 pts |
| Below its high | −10.1% | −7.5% |
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.
IFRA in plain words
By weight, 76% of IFRA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 32% of the fund across 161 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +16.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 3.7 pts. It sits 7.5% below its all-time high of Jun 25, 2026.
Questions people ask
- Do GRID and IFRA hold the same stocks?
- By their latest filings, 4% 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, GRID or IFRA?
- GRID has 40% of its weight in S&P 500 names and IFRA has 76%, so IFRA differs more from the index.
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, GRID against IFRA, data as of Sep 4, 2026. https://etfiq.com/compare/themes/GRID-IFRA.html Free to use with attribution; the underlying files are at Open data.