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EMET vs GRID: which is really different?

EMET and GRID hold 0% of their weight in the same names, and EMET returned +32.7% over the year. VanEck Copper and Electrification Metals ETF and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund.

10.5%
EMET in the S&P 500
39.5%
GRID in the S&P 500
+32.7%
EMET total return, 1 year
+18.3%
GRID total return, 1 year
EMET · 1 year to Sep 30, 202690% of its weight is outside the S&P 500
90% of its weight is outside the S&P 50011% of EMET's weight is in S&P 500 companies and 90% is outside the index11%90%inof its weight outside the S&P 500active share 100% · top ten 54% of the fund · 59 holdings filed Sep 30, 2026 · Nasdaq-100: 0% in90% of its weight is outside the S&P 50011% of EMET's weight is in S&P 500 companies and 90% is outside the index11%90%inof its weight outside the S&P 500active share 100% · top ten 54% of the fund

11% of EMET's weight is in S&P 500 companies and 90% is outside the index

GRID · 1 year to Sep 30, 202661% of its weight is outside the S&P 500
61% of its weight is outside the S&P 50040% of GRID's weight is in S&P 500 companies and 61% is outside the index40%61%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 93% · top ten 58% of the fund · 131 holdings filed Sep 30, 2026 · Nasdaq-100: 8% in61% of its weight is outside the S&P 50040% of GRID's weight is in S&P 500 companies and 61% is outside the index40%61%in the S&P 500outside the S&P 500active share 93% · top ten 58% of the fund

40% of GRID's weight is in S&P 500 companies and 61% is outside the index

ETFIQ Off-Index Score · EMET scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, EMET and GRID hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 30, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding EMET GRID
Only in EMET
Anglo American Plc 8.53%
Freeport-Mcmoran Inc 8.26%
Grupo Mexico Sab De Cv 7.32%
Teck Resources Ltd 6.84%
Antofagasta Plc 4.82%
Southern Copper Corp 4.75%
Valterra Platinum Ltd 3.56%
Boliden Ab 3.44%
Only in GRID
Eaton Corporation Plc 8.57%
Quanta Services, Inc. 8.48%
Johnson Controls International Plc 8.35%
ABB Ltd 7.79%
Schneider Electric SE 7.74%
Prysmian SpA 4.03%
National Grid Plc 3.84%
E.ON SE 3.70%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowEMETGRIDEMETGRIDEMETGRID
3 months+4.2%−5.2%+1.6 pts−7.7 pts+2.0 pts−7.3 pts
6 months+0.3%+6.8%−16.7 pts−10.2 pts−26.6 pts−20.1 pts
1 year+32.7%+18.3%+17.0 pts+2.5 pts+8.9 pts−5.5 pts
3 years+75.1%+94.7%−9.9 pts+9.7 pts−34.9 pts−15.3 pts
Since launch
EMET Nov 2021 · GRID Jan 2010
+27.8%+548.8%−48.1 pts−255.9 pts−67.3 pts−1188.8 pts

EMET and GRID over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

EMET
VanEck Copper and Electrification Metals ETF · Holds 59 stocks in copper, 10% of its weight in S&P 500 companies
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund · Holds 131 stocks in electrification and the grid, 40% of its weight in S&P 500 companies
Issuer VanEck First Trust
Theme Copper Electrification and the grid
In the S&P 500 10.5% 39.5%
Active share vs the S&P 500 99.8% 92.5%
In the Nasdaq-100 0.0% 8.3%
Holdings 59 131
Top ten, share of the fund 54.0% 57.9%
Expense ratio 0.62% 0.56%
Fee for the differing part 0.62% 0.61%
Total return, 1 year +32.7% +18.3%
vs the S&P 500 +17.0 pts +2.5 pts
vs the Nasdaq-100 +8.9 pts −5.5 pts
Below its high −15.5% −10.8%
Net assets $35m $11.9bn

EMET and GRID on the same fields, as of Sep 30, 2026. Source: ETFIQ.

EMET in plain words

By weight, 10% of EMET's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 54% of the fund across 59 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +32.7% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 17.0 pts. It sits 15.5% below its all-time high of Feb 27, 2026.

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 131 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +18.3% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 2.5 pts. It sits 10.8% below its all-time high of May 11, 2026.

Questions people ask

Do EMET and GRID 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, EMET or GRID?
EMET has 10% of its weight in S&P 500 names and GRID has 40%, so EMET differs more from the index.
Which is cheaper, EMET or GRID?
EMET charges 0.62% a year and GRID charges 0.56%, so GRID is cheaper. Fees come from each fund's prospectus.
Other comparisons
EMET vs FPWREMET vs ZAPEMET vs COPAEMET vs ICOPGRID vs GDXGRID vs GDXJGRID vs IDEFGRID vs IFRA
EMET on its own →GRID on its own →How every figure is computed →Standards and sources →
Where these figures came from
EMET filings on SEC EDGAR ↗EMET prospectus with the expense ratio (SEC) ↗VanEck website ↗GRID filings on SEC EDGAR ↗GRID prospectus with the expense ratio (SEC) ↗First Trust page for GRID ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, EMET against GRID, data as of Sep 30, 2026. https://etfiq.com/compare/themes/emet-vs-grid

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.