Data as of . Every figure is the themes desk's own, on published data.
GRID vs IGV
1% 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 IGV hold 1% of their money in the same securities at the same weight.
| Holding | GRID | IGV |
|---|---|---|
| Oracle Corporation | 1.20% | 6.26% |
| Trimble Inc. | 0.05% | 0.45% |
| Only in GRID | Only in IGV |
|---|---|
| Schneider Electric SE 9.11% | Palo Alto Networks, Inc. 10.38% |
| Eaton Corporation Plc 8.80% | Microsoft Corp. 8.08% |
| Johnson Controls International Plc 8.49% | Palantir Technologies, Inc. 7.71% |
| ABB Ltd 7.70% | Crowdstrike Holdings, Inc. 7.29% |
| Quanta Services, Inc. 7.53% | Salesforce, Inc. 4.81% |
| National Grid Plc 4.14% | AppLovin Corp. 4.76% |
| E.ON SE 4.11% | Cadence Design Systems, Inc. 3.92% |
| Prysmian SpA 3.53% | ServiceNow, Inc. 3.87% |
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 | IGV | GRID | IGV | GRID | IGV | |
| 3 months | −4.2% | +9.1% | −8.9 pts | +4.4 pts | −6.3 pts | +7.0 pts |
| 6 months | +8.4% | +18.9% | −6.8 pts | +3.7 pts | −11.8 pts | −1.3 pts |
| 1 year | +26.6% | −2.1% | +6.6 pts | −22.1 pts | +1.0 pts | −27.7 pts |
| 3 years | +85.1% | +43.9% | +7.1 pts | −34.1 pts | −8.4 pts | −49.6 pts |
| Since launch | +554.4% | +1031.5% | −257.0 pts | +220.2 pts | −1129.7 pts | −652.5 pts |
| GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | IGV iShares Expanded Tech-Software Sector ETF | |
|---|---|---|
| Issuer | First Trust | iShares |
| Theme | Electrification and the grid | Cloud and software |
| In the S&P 500 | 39.9% | 83.2% |
| Active share vs the S&P 500 | 91.9% | 92.4% |
| In the Nasdaq-100 | 8.6% | 66.9% |
| Holdings | 121 | 107 |
| Top ten, share of the fund | 58.4% | 60.7% |
| Expense ratio | 0.56% | not published |
| Fee for the differing part | 0.61% | not published |
| Total return, 1 year | +26.6% | −2.1% |
| vs the S&P 500 | +6.6 pts | −22.1 pts |
| vs the Nasdaq-100 | +1.0 pts | −27.7 pts |
| Below its high | −10.1% | −11.2% |
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.
IGV in plain words
By weight, 83% of IGV'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 61% of the fund across 107 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned −2.1% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 22.1 pts. It sits 11.2% below its all-time high of Sep 22, 2025.
Questions people ask
- Do GRID and IGV hold the same stocks?
- By their latest filings, 1% 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 IGV?
- GRID has 40% of its weight in S&P 500 names and IGV has 83%, so IGV 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 IGV, data as of Sep 4, 2026. https://etfiq.com/compare/themes/GRID-IGV.html Free to use with attribution; the underlying files are at Open data.