Do GRID and POWR hold the same stocks?

By their latest filings, 21% 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 POWR?

GRID has 40% of its weight in S&P 500 names and POWR has 80%, so POWR differs more from the index.

Which is cheaper, GRID or POWR?

GRID charges 0.56% a year and POWR charges 0.39%, so POWR is cheaper. Fees come from each fund's prospectus.

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GRID vs POWR: which is really different?

GRID and POWR hold 21% of their weight in the same names, and GRID returned +18.3% over the year. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund and iShares U.S. Power Infrastructure ETF.

39.5%

GRID in the S&P 500

80.5%

POWR in the S&P 500

+18.3%

GRID total return, 1 year

+2.8%

POWR total return, 1 year

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

POWR · 1 year to Sep 30, 202620% of its weight is outside the S&P 500

81% of POWR's weight is in S&P 500 companies and 20% is outside the index

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

GRID 27.5

POWR 39.6

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 POWR hold 21% 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

21% in common

Positions both hold, largest shared weight first

Holding GRID POWR

Eaton Corporation Plc 8.57% 6.56%

Quanta Services, Inc. 8.48% 6.50%

nVent Electric plc 2.94% 3.81%

Hubbell Incorporated 2.47% 3.51%

GE Vernova Inc. 1.02% 6.34%

MYR Group Inc. 0.46% 0.67%

Enphase Energy, Inc. 0.43% 0.64%

Itron, Inc. 0.36% 0.55%

SolarEdge Technologies, Inc. 0.22% 0.29%

Generac Holdings Inc. 0.05% 1.79%

The AES Corporation 0.05% 0.45%

Valmont Industries, Inc. 0.04% 1.31%

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 POWR

NEXTERA ENERGY 5.81%

EQT 4.45%

SOUTHERN 4.02%

DUKE ENERGY CORP 3.75%

CONSTELLATION ENERGY CORP 3.53%

EXPAND ENERGY 2.85%

FIRST SOLAR 2.76%

AMERICAN ELECTRIC POWER INC 2.72%

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

21% 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	POWR	GRID	POWR	GRID	POWR
3 months	−5.2%	−11.1%	−7.7 pts	−13.6 pts	−7.3 pts	−13.2 pts
6 months	+6.8%	−7.6%	−10.2 pts	−24.6 pts	−20.1 pts	−34.5 pts
1 year	+18.3%	+2.8%	+2.5 pts	−12.9 pts	−5.5 pts	−20.9 pts
3 years	+94.7%	+8.7%	+9.7 pts	−76.3 pts	−15.3 pts	−101.3 pts
Since launch GRID Jan 2010 · POWR Feb 2012	+548.8%	+64.8%	−255.9 pts	−577.6 pts	−1188.8 pts	−1207.1 pts

GRID and POWR 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

POWR

iShares U.S. Power Infrastructure ETF · Holds 82 stocks in electrification and the grid, 80% of its weight in S&P 500 companies

Issuer First Trust iShares

Theme Electrification and the grid Electrification and the grid

In the S&P 500 39.5% 80.5%

Active share vs the S&P 500 92.5% 96.9%

In the Nasdaq-100 8.3% 9.9%

Holdings 131 82

Top ten, share of the fund 57.9% 48.3%

Expense ratio 0.56% 0.39%

Fee for the differing part 0.61% 0.40%

Total return, 1 year +18.3% +2.8%

vs the S&P 500 +2.5 pts −12.9 pts

vs the Nasdaq-100 −5.5 pts −20.9 pts

Below its high −10.8% −13.8%

Net assets $11.9bn $426m

GRID and POWR 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.

POWR in plain words

By weight, 80% of POWR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 48% of the fund across 82 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +2.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 12.9 pts. It sits 13.8% below its all-time high of May 5, 2026.

Questions people ask

Do GRID and POWR hold the same stocks?: By their latest filings, 21% 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 POWR?: GRID has 40% of its weight in S&P 500 names and POWR has 80%, so POWR differs more from the index.
Which is cheaper, GRID or POWR?: GRID charges 0.56% a year and POWR charges 0.39%, so POWR is cheaper. Fees come from each fund's prospectus.

Other comparisons

GRID vs KWEB GRID vs NLR GRID vs PAVE GRID vs POW POWR vs TRFM POWR vs VOLT POWR vs ZAP POWR vs COPA

GRID on its own →POWR 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 ↗POWR filings on SEC EDGAR ↗POWR prospectus with the expense ratio (SEC) ↗iShares page for POWR ↗

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 POWR, data as of Sep 30, 2026. https://etfiq.com/compare/themes/grid-vs-powr

Open data

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