Data as of . Every figure is the themes desk's own, on published data.
GRID vs SHLD
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 SHLD hold 0% of their money in the same securities at the same weight.
| Only in GRID | Only in SHLD |
|---|---|
| Schneider Electric SE 9.11% | LOCKHEED MARTIN CORPORATION 8.45% |
| Eaton Corporation Plc 8.80% | RTX CORPORATION 7.78% |
| Johnson Controls International Plc 8.49% | GENERAL DYNAMICS CORPORATION 7.70% |
| ABB Ltd 7.70% | PALANTIR TECHNOLOGIES INC. 7.09% |
| Quanta Services, Inc. 7.53% | Rheinmetall Aktiengesellschaft 5.78% |
| National Grid Plc 4.14% | BAE SYSTEMS PLC 4.90% |
| E.ON SE 4.11% | L3HARRIS TECHNOLOGIES, INC. 4.71% |
| Prysmian SpA 3.53% | HANWHA AEROSPACE CO., LTD. 4.41% |
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 May 31, 2026 and Sep 4, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| GRID | SHLD | GRID | SHLD | GRID | SHLD | |
| 3 months | −4.2% | +0.2% | −8.9 pts | −4.5 pts | −6.3 pts | −1.9 pts |
| 6 months | +8.4% | −18.2% | −6.8 pts | −33.4 pts | −11.8 pts | −38.4 pts |
| 1 year | +26.6% | +2.3% | +6.6 pts | −17.7 pts | +1.0 pts | −23.3 pts |
| 3 years | +85.1% | n/a | +7.1 pts | n/a | −8.4 pts | n/a |
| Since launch | +554.4% | +158.9% | −257.0 pts | +79.9 pts | −1129.7 pts | +63.5 pts |
| GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | SHLD Global X Defense Tech ETF | |
|---|---|---|
| Issuer | First Trust | Global X |
| Theme | Electrification and the grid | Defense |
| In the S&P 500 | 39.9% | 44.8% |
| Active share vs the S&P 500 | 91.9% | 98.7% |
| In the Nasdaq-100 | 8.6% | 7.1% |
| Holdings | 121 | 48 |
| Top ten, share of the fund | 58.4% | 59.5% |
| Expense ratio | 0.56% | 0.50% |
| Fee for the differing part | 0.61% | 0.51% |
| Total return, 1 year | +26.6% | +2.3% |
| vs the S&P 500 | +6.6 pts | −17.7 pts |
| vs the Nasdaq-100 | +1.0 pts | −23.3 pts |
| Below its high | −10.1% | −19.0% |
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.
SHLD in plain words
By weight, 45% of SHLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 60% of the fund across 48 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +2.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 17.7 pts. It sits 19.0% below its all-time high of Mar 9, 2026.
Questions people ask
- Do GRID and SHLD 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 SHLD?
- GRID has 40% of its weight in S&P 500 names and SHLD has 45%, so SHLD differs more from the index.
- Which is cheaper, GRID or SHLD?
- GRID charges 0.56% a year and SHLD charges 0.50%, so SHLD 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, GRID against SHLD, data as of Sep 4, 2026. https://etfiq.com/compare/themes/GRID-SHLD.html Free to use with attribution; the underlying files are at Open data.