Do GRID and JOUL hold the same stocks?

By their latest filings, 23% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, GRID or JOUL?

GRID has 40% of its weight in S&P 500 names and JOUL has 38%, so JOUL differs more from the index.

Which is cheaper, GRID or JOUL?

GRID charges 0.56% a year and JOUL charges 0.35%, so JOUL is cheaper. Fees come from each fund's prospectus.

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GRID vs JOUL: which is really different?

GRID and JOUL hold 23% of their weight in the same names. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund and Corgi High Voltage Grid Equipment ETF.

39.5%

GRID in the S&P 500

37.7%

JOUL in the S&P 500

+18.3%

GRID total return, 1 year

−15.3%

JOUL total return, since launch

GRID · 1 year to Sep 30, 202661% of its weight is outside the S&P 500

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

JOUL · 3 months to Sep 30, 202662% of its weight is outside the S&P 500

38% of JOUL's weight is in S&P 500 companies and 62% is outside the index

ETFIQ Off-Index Score · JOUL scores higherHow much of it is not the index it is sold as an alternative to?

GRID 27.5

JOUL 62.3

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, GRID and JOUL hold 23% 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.

50%

half

23% in common

Positions both hold, largest shared weight first

Holding GRID JOUL

Eaton Corporation Plc 8.57% 14.62%

Quanta Services, Inc. 8.48% 5.75%

nVent Electric plc 2.94% 5.33%

Hubbell Incorporated 2.47% 4.47%

GE Vernova Inc. 1.02% 12.91%

Forgent Power Solutions, Inc. (Class A) 0.80% 4.30%

MYR Group Inc. 0.46% 3.83%

Itron, Inc. 0.36% 3.77%

American Superconductor Corporation 0.16% 3.19%

Preformed Line Products Company 0.08% 3.60%

MasTec, Inc. 0.06% 3.16%

Advanced Energy Industries, Inc. 0.05% 4.04%

Only in GRID

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%

NVIDIA Corporation 2.07%

Tesla, Inc. 1.93%

Only in JOUL

Atkore Inc 4.29%

Powell Industries Inc 3.58%

Dycom Industries Inc 3.15%

First American Government Obligations Fund 12/01/2031 3.09%

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

23% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	GRID	JOUL	GRID	JOUL	GRID	JOUL
3 months	−5.2%	−13.6%	−7.7 pts	−16.1 pts	−7.3 pts	−15.7 pts
6 months	+6.8%	not published	−10.2 pts	not published	−20.1 pts	not published
1 year	+18.3%	not published	+2.5 pts	not published	−5.5 pts	not published
3 years	+94.7%	not published	+9.7 pts	not published	−15.3 pts	not published
Since launch GRID Jan 2010 · JOUL May 2026	+548.8%	−15.3%	−255.9 pts	−19.7 pts	−1188.8 pts	−21.8 pts

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

On the same fields

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

JOUL

Corgi High Voltage Grid Equipment ETF · Holds 20 stocks in electrification and the grid, 38% of its weight in S&P 500 companies

Issuer First Trust Corgi

Theme Electrification and the grid Electrification and the grid

In the S&P 500 39.5% 37.7%

Active share vs the S&P 500 92.5% 99.0%

In the Nasdaq-100 8.3% 0.0%

Holdings 131 20

Top ten, share of the fund 57.9% 65.6%

Expense ratio 0.56% 0.35%

Fee for the differing part 0.61% 0.35%

Total return, 1 year +18.3% −15.3% (since launch on May 6, 2026)

vs the S&P 500 +2.5 pts −19.7 pts

vs the Nasdaq-100 −5.5 pts −21.8 pts

Below its high −10.8% −18.3%

Net assets $11.9bn $9m

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

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.

JOUL in plain words

By weight, 38% of JOUL'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 66% of the fund across 20 positions, as published by its issuer for Sep 30, 2026. Since it launched on May 6, 2026 the fund returned −15.3% with distributions reinvested against +4.5% for the S&P 500, so a holder was behind by 19.7 pts. It sits 18.3% below its all-time high of Jun 22, 2026.

Questions people ask

Do GRID and JOUL hold the same stocks?: By their latest filings, 23% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, GRID or JOUL?: GRID has 40% of its weight in S&P 500 names and JOUL has 38%, so JOUL differs more from the index.
Which is cheaper, GRID or JOUL?: GRID charges 0.56% a year and JOUL charges 0.35%, so JOUL is cheaper. Fees come from each fund's prospectus.

Other comparisons

GRID vs XT GRID vs AIQ GRID vs AIRR GRID vs ARKK JOUL vs COPJ JOUL vs POW JOUL vs POWR JOUL vs TRFM

GRID on its own →JOUL on its own →How every figure is computed →Standards and sources →

Where these figures came from

GRID filings on SEC EDGAR ↗GRID prospectus with the expense ratio (SEC) ↗First Trust page for GRID ↗JOUL filings on SEC EDGAR ↗JOUL prospectus with the expense ratio (SEC) ↗Corgi website ↗

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

Open data

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