Data as of Nov 4, 2026.
GNR vs GRID: Holdings Overlap & Returns
Over the year to Nov 4, 2026, GNR returned +32.9% to GRID's +6.0%; 0% of their weight is in the same names.
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Net assets on Nov 3, 2026: $5.3bn for State Street SPDR S&P Global Natural Resources ETF and $11.3bn for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund.
26% of GNR's weight is in S&P 500 companies and 74% is outside the index. Holdings as of Nov 3, 2026.
42% of GRID's weight is in S&P 500 companies and 58% is outside the index. Holdings as of Nov 3, 2026.
Pair scorecard
GNR costs 0.16 points a year less; their one-year returns differ by 26.9 points; GRID is 2.1 times larger.
Points (pts) are percentage points.
| Measure | GNR | GRID |
|---|---|---|
| Return | ||
| Total return, 1 year | +32.9% | +6.0% |
| Drawdown | ||
| Below its all-time high | 6.8%, high on Sep 9, 2026 | 18.3%, high on May 11, 2026 |
| Against its benchmark | ||
| What it tracks | Natural resources | Electrification and the grid |
| Its benchmark, total return, 1 year | +14.8% | |
| Against its benchmark, 1 year | behind by 8.8 pts | |
| Cost and size | ||
| Expense ratio | 0.40% | 0.56% |
| Net assets, as of Nov 3, 2026 | $5.3bn | $11.3bn |
| Active share vs the S&P 500 | 98% | 92% |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 36% | 58% |
What they share
By the books each fund has filed, GNR and GRID hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | GNR | GRID | GNR | GRID |
| 3 months | +1.4% | −12.9% | not measured | −12.6 pts vs IWV |
| 6 months | +0.4% | −17.5% | not measured | −22.4 pts vs IWV |
| 1 year | +32.9% | +6.0% | not measured | −8.8 pts vs IWV |
| 3 years | +50.3% | +86.3% | not measured | +5.3 pts vs IWV |
| Since launchNot the same days: GNR Sep 2010 · GRID Nov 2009 | +138.2% | +547.4% | not measured | not measured |
Side by side
As of Nov 4, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
Client brief:
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GNR
By weight, 26% of GNR'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 36% of the fund across 104 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +32.9% with distributions reinvested. It sits 6.8% below its all-time high of Sep 9, 2026.
Over the year to Nov 4, 2026 the fund returned +6.0% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Index, so a holder was behind by 8.8 pts.
By weight, 42% 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 122 positions, as published by its issuer for Nov 3, 2026. It sits 18.3% below its all-time high of May 11, 2026.
Questions people ask
- Do GNR and GRID hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, GNR against GRID, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gnr-vs-grid
ETFIQ. (Nov 4, 2026). GNR against GRID. Retrieved from https://etfiq.com/compare/themes/gnr-vs-grid
[GNR against GRID (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/gnr-vs-grid)
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