{"url":"https://etfiq.com/compare/themes/grid-vs-joul","section":"compare","title":"GRID vs JOUL: which is really different? | ETFIQ","description":"39.5% of GRID and 37.7% of JOUL is already in the S&P 500 by weight, as filed, and 23% of the two books are the same names at the same weight.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do GRID and JOUL hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"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."}},{"@type":"Question","name":"Which is more different from the S&P 500, GRID or JOUL?","acceptedAnswer":{"@type":"Answer","text":"GRID has 40% of its weight in S&P 500 names and JOUL has 38%, so JOUL differs more from the index."}},{"@type":"Question","name":"Which is cheaper, GRID or JOUL?","acceptedAnswer":{"@type":"Answer","text":"GRID charges 0.56% a year and JOUL charges 0.35%, so JOUL is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"GRID vs JOUL","item":"https://etfiq.com/compare/themes/grid-vs-joul"}]},{"@type":"WebPage","name":"GRID vs JOUL: which is really different?","description":"39.5% of GRID and 37.7% of JOUL is already in the S&P 500 by weight, as filed, and 23% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","url":"https://etfiq.com/compare/themes/grid-vs-joul","dateModified":"2026-09-30","abstract":"GRID and JOUL hold 23% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of GRID and JOUL","description":"39.5% of GRID and 37.7% of JOUL is already in the S&P 500 by weight, as filed, and 23% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/grid-vs-joul","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":7165,"truncated":true,"content":"ETFIQ / Thematic ETFs / Head to head / GRID vs JOUL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n GRID vs JOUL: which is really different?\n\n GRID and JOUL hold 23% of their weight in the same names.\n Copy this for sharing \n \n First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund and Corgi High Voltage Grid Equipment ETF.\n\n Download as PDF \n\n 39.5% GRID in the S&P 500 \n 37.7% JOUL in the S&P 500 \n +18.3% GRID total return, 1 year \n \u221215.3% JOUL total return, since launch \n\n ETFIQ Off-Index Score: JOUL scores higher\n How much of it is not the index it is sol","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/themes/grid-vs-joul","a":{"ticker":"GRID","name":"First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund","issuer":"First Trust","desk":"themes","as_of":"2026-09-30","verdict":"GRID holds 131 stocks, and 60% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/grid","key_facts":[{"label":"Already in the S&P 500","value":"39.5%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"92.5%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"57.9%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"+18.3%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$11.9bn","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.56%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 28, 2026"}]},"b":{"ticker":"JOUL","name":"Corgi High Voltage Grid Equipment ETF","issuer":"Corgi","desk":"themes","as_of":"2026-09-30","verdict":"JOUL holds 20 stocks, and 62% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/joul","key_facts":[{"label":"Already in the S&P 500","value":"37.7%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"99.0%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"65.6%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"\u221215.3%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$9m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.35%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"overlap_pct":23,"full_text_at":"https://etfiq.com/compare/themes/grid-vs-joul"}