Do JOUL and KWH hold the same stocks?

By their latest filings, 10% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

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

JOUL has 38% of its weight in S&P 500 names and KWH has 41%, so JOUL differs more from the index.

Which is cheaper, JOUL or KWH?

JOUL charges 0.35% a year and KWH charges 0.60%, so JOUL is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

JOUL vs KWH: Holdings Overlap & Returns

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JOUL and KWH hold 10% of their weight in the same names.

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Net assets: $8.0m on Nov 4, 2026 for Corgi High Voltage Grid Equipment ETF, and $58m on Aug 31, 2026 for GMO Power Infrastructure ETF.

JOUL on its own →KWH on its own →

At a glance

37.9%

JOUL in the S&P 500

41.4%

KWH in the S&P 500

−26.7%

JOUL total return, 6 months

−6.1%

KWH total return, since launch, Jul 15, 2026

JOUL · 6 months to Nov 4, 2026 62% 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. Holdings as of Nov 4, 2026.

KWH · 3 months to Nov 4, 2026 59% of its weight is outside the S&P 500

41% of KWH's weight is in S&P 500 companies and 59% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

JOUL costs 0.25 points a year less.

JOUL vs KWH: Holdings Overlap & Returns
Measure	JOUL	KWH
Drawdown
Measure	JOUL	KWH
Below its all-time high	29.4%, high on Jun 22, 2026	8.5%, high on Aug 17, 2026
Benchmark
Measure	JOUL	KWH
What it tracks	Electrification and the grid	Electrification and the grid
Cost and size
Measure	JOUL	KWH
Expense ratio	0.35%	0.60%
Net assets, JOUL as of Nov 4, 2026 and KWH as of Aug 31, 2026	$8.0m	$58m
Holdings
Measure	JOUL	KWH
Holdings in common	10%

Method

What they share

10%

By the books each fund has filed, JOUL and KWH hold 10% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

10% in common

Positions both hold · largest shared weight first JOUL KWH

Eaton Corp PLC 13.86% 3.43%

Itron Inc 5.12% 1.53%

Hubbell Inc 4.98% 1.46%

nVent Electric PLC 4.32% 1.42%

Quanta Services Inc 6.00% 0.67%

GE Vernova Inc 13.05% 0.63%

MYR Group Inc 3.99% 0.53%

Primoris Services Corp 3.28% 0.36%

MasTec Inc 2.87% 0.27%

Only in one fund ↓

Only in JOUL

Valmont Industries Inc 4.64%

ESCO Technologies Inc 4.09%

Advanced Energy Industries Inc 3.50%

American Superconductor Corp 3.32%

Powell Industries Inc 3.21%

Forgent Power Solutions Inc 2.98%

Preformed Line Products Co 2.91%

Dycom Industries Inc 2.87%

Only in KWH

Schneider Electric SE 5.14%

Siemens AG 4.68%

Trane Technologies PLC 2.69%

Enel SpA 2.52%

NextEra Energy Inc 2.52%

Iberdrola SA 2.51%

Vestas Wind Systems A/S 2.50%

National Grid PLC 2.44%

Check overlap with more funds →

Window by window

Window by window: JOUL vs KWH: Holdings Overlap & Returns
	Total return
Window	JOUL	KWH
3 months	−21.4%	−6.7%
6 months	−26.7%	–
Since launchNot the same days: JOUL May 2026 · KWH Jul 2026	−26.7%	−6.1%

– means no data for this window. Open this comparison in the app →

Side by side

JOUL Corgi High Voltage Grid Equipment ETF · Holds 17 stocks in electrification and the grid, 38% of its weight in S&P 500 companies KWH GMO Power Infrastructure ETF · Holds 74 stocks in electrification and the grid, 41% of its weight in S&P 500 companies

Issuer Corgi GMO

Theme Electrification and the grid Electrification and the grid

In the S&P 500 37.9% 41.4%

Active share vs the S&P 500 99.0% 96.9%

In the Nasdaq-100 0.0% 4.9%

Holdings 17 74

Top ten, share of the fund 63.5% 30.8%

Expense ratio 0.35% 0.60%

Fee for the differing part 0.35% 0.62%

Total return, 1 year −26.7% (since launch, May 6, 2026) −6.1% (since launch, Jul 15, 2026)

vs its benchmark not measured not measured

Below its high −29.4% −8.5%

Net assets, JOUL as of Nov 4, 2026 and KWH as of Aug 31, 2026 $8.0m $58m

As of Nov 4, 2026. Source: ETFIQ.

10% of the two portfolios are the same securities at the same weight.

Alert

About each fund

JOUL

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 64% of the fund across 17 positions, as published by its issuer for Nov 4, 2026. Since it first traded on May 6, 2026 the fund returned −26.7% with distributions reinvested. It sits 29.4% below its all-time high of Jun 22, 2026.

KWH

By weight, 41% of KWH'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 31% of the fund across 74 positions, as filed for Aug 31, 2026. Since it first traded on Jul 15, 2026 the fund returned −6.1% with distributions reinvested. It sits 8.5% below its all-time high of Aug 17, 2026.

Questions people ask

Do JOUL and KWH hold the same stocks?: By their latest filings, 10% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, JOUL or KWH?: JOUL has 38% of its weight in S&P 500 names and KWH has 41%, so JOUL differs more from the index.
Which is cheaper, JOUL or KWH?: JOUL charges 0.35% a year and KWH charges 0.60%, so JOUL is cheaper. Fees come from each fund's prospectus.

Other comparisons

JOUL vs POW JOUL vs POWR JOUL vs TPZ JOUL vs TRFM KWH vs POW KWH vs TPZ KWH vs POWR KWH vs TRFM

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →JOUL on its own →KWH on its own →JOUL holdings →KWH holdings →Method →Standards and sources →

Sources and dates

JOUL filings on SEC EDGAR ↗

JOUL prospectus with the expense ratio (SEC) ↗

Corgi website ↗

KWH filings on SEC EDGAR ↗

KWH prospectus with the expense ratio (SEC) ↗

GMO website ↗

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, JOUL against KWH, data as of Nov 4, 2026. https://etfiq.com/compare/themes/joul-vs-kwh

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.