Data as of . Every figure is the themes desk's own, on published data.
GRID vs ITA
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, GRID and ITA hold 0% of their money in the same securities at the same weight.
| Only in GRID | Only in ITA |
|---|---|
| Schneider Electric SE 9.11% | GENERAL ELECTRIC COMPANY 22.63% |
| Eaton Corporation Plc 8.80% | RTX CORPORATION 14.83% |
| Johnson Controls International Plc 8.49% | THE BOEING COMPANY 8.90% |
| ABB Ltd 7.70% | TRANSDIGM GROUP INCORPORATED 4.59% |
| Quanta Services, Inc. 7.53% | HOWMET AEROSPACE INC. 4.50% |
| National Grid Plc 4.14% | GENERAL DYNAMICS CORPORATION 4.34% |
| E.ON SE 4.11% | LOCKHEED MARTIN CORPORATION 4.05% |
| Prysmian SpA 3.53% | Northrop Grumman Corporation 3.92% |
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 | ITA | GRID | ITA | GRID | ITA | |
| 3 months | −4.2% | −1.6% | −8.9 pts | −6.3 pts | −6.3 pts | −3.7 pts |
| 6 months | +8.4% | −6.7% | −6.8 pts | −21.9 pts | −11.8 pts | −26.9 pts |
| 1 year | +26.6% | +14.2% | +6.6 pts | −5.7 pts | +1.0 pts | −11.4 pts |
| 3 years | +85.1% | +100.8% | +7.1 pts | +22.9 pts | −8.4 pts | +7.4 pts |
| Since launch | +554.4% | +937.0% | −257.0 pts | +125.7 pts | −1129.7 pts | −747.0 pts |
| GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | ITA iShares U.S. Aerospace & Defense ETF | |
|---|---|---|
| Issuer | First Trust | iShares |
| Theme | Electrification and the grid | Defense |
| In the S&P 500 | 39.9% | 76.6% |
| Active share vs the S&P 500 | 91.9% | 97.9% |
| In the Nasdaq-100 | 8.6% | 3.2% |
| Holdings | 121 | 49 |
| Top ten, share of the fund | 58.4% | 75.2% |
| Expense ratio | 0.56% | not published |
| Fee for the differing part | 0.61% | not published |
| Total return, 1 year | +26.6% | +14.2% |
| vs the S&P 500 | +6.6 pts | −5.7 pts |
| vs the Nasdaq-100 | +1.0 pts | −11.4 pts |
| Below its high | −10.1% | −10.9% |
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.
ITA in plain words
By weight, 77% of ITA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 75% of the fund across 49 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +14.2% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 5.7 pts. It sits 10.9% below its all-time high of Aug 14, 2026.
Questions people ask
- Do GRID and ITA 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, GRID or ITA?
- GRID has 40% of its weight in S&P 500 names and ITA has 77%, so ITA 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 ITA, data as of Sep 4, 2026. https://etfiq.com/compare/themes/GRID-ITA.html Free to use with attribution; the underlying files are at Open data.