Data as of . Every figure is the themes desk's own, on published data.
GRID vs SHLD
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund and Global X Defense Tech ETF, side by side on the themes desk.
0% of the two portfolios are the same securities at the same weight.
Open the live comparison on ETFIQ| 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
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.
ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources