Data as of Oct 28, 2026.
GRID vs NLR: Holdings Overlap & Returns
Over the year to Oct 28, 2026, GRID returned +7.9% to NLR's −35.8%; 0% of their weight is in the same names.
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Net assets: $11.4bn on Oct 27, 2026 for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund, and $3.1bn on Oct 26, 2026 for VanEck Uranium and Nuclear ETF.
41% of GRID's weight is in S&P 500 companies and 59% is outside the index. Holdings as of Oct 27, 2026.
15% of NLR's weight is in S&P 500 companies and 85% is outside the index. Holdings as of Jun 30, 2026.
Pair scorecard
NLR costs 0.04 points a year less; their one-year returns differ by 43.7 points; GRID is 3.6 times larger.
Points (pts) are percentage points.
| Measure | GRID | NLR |
|---|---|---|
| Return | ||
| Total return, 1 year | +7.9% | −35.8% |
| Drawdown | ||
| Below its all-time high | 14.7%, high on May 11, 2026 | 41.6%, high on Jan 28, 2026 |
| Against its benchmark | ||
| What it tracks | Electrification and the grid | Nuclear and uranium |
| Its benchmark, total return, 1 year | +13.3% | +13.4% |
| Against its benchmark, 1 year | behind by 5.4 pts | behind by 49.2 pts |
| Cost and size | ||
| Expense ratio | 0.56% | 0.52% |
| Net assets, as of Oct 26, 2026 | $11.1bn | $3.1bn |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, GRID and NLR hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | GRID | NLR | GRID | NLR |
| 3 months | +1.3% | −6.5% | −4.2 pts vs IWV | −10.9 pts vs ACWI |
| 6 months | −7.5% | −30.2% | −16.3 pts vs IWV | −37.6 pts vs ACWI |
| 1 year | +7.9% | −35.8% | −5.4 pts vs IWV | −49.2 pts vs ACWI |
| 3 years | +104.9% | +54.0% | +12.1 pts vs IWV | −34.9 pts vs ACWI |
| Since launchNot the same days: GRID Nov 2009 · NLR Aug 2007 | +576.0% | +66.1% | not measured | not measured |
Side by side
As of Oct 28, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
Over the year to Oct 28, 2026 the fund returned +7.9% with distributions reinvested against +13.3% for its benchmark, the Russell 3000 Index, so a holder was behind by 5.4 pts.
By weight, 41% 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 57% of the fund across 122 positions, as published by its issuer for Oct 27, 2026. It sits 14.7% below its all-time high of May 11, 2026.
NLR
By weight, 15% of NLR'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 61% of the fund across 25 positions, as filed for Jun 30, 2026. Over the year to Oct 28, 2026 the fund returned −35.8% with distributions reinvested against +13.4% for its benchmark, the MSCI ACWI Index, so a holder was behind by 49.2 pts. It sits 41.6% below its all-time high of Jan 28, 2026.
Questions people ask
- Do GRID and NLR 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, GRID against NLR, data as of Oct 28, 2026. https://etfiq.com/compare/themes/grid-vs-nlr
ETFIQ. (Oct 28, 2026). GRID against NLR. Retrieved from https://etfiq.com/compare/themes/grid-vs-nlr
[GRID against NLR (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/themes/grid-vs-nlr)
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