DXJ vs GRID: Holdings Overlap
DXJWisdomTree Japan Hedged Equity Fund
WisdomTree · 430 holdings · $7.1B · as of 2026-03-31
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
How similar are DXJ and GRID?
WisdomTree Japan Hedged Equity Fund (DXJ, by WisdomTree) holds 430 positions; First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120. They have 13 holdings in common, and by portfolio weight the two funds are 2.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13DXJ holds 430 · GRID holds 120
- Weight in Shared Holdings
- DXJ 5%·GRID 4%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DXJ
417 of 430 positions (91.0% of the fund) are not held by GRID. Showing the top 30 by weight.
Only in GRID
107 of 120 positions (96.2% of the fund) are not held by DXJ. Showing the top 30 by weight.
Sector Breakdown
| Sector | DXJ | GRID |
|---|---|---|
| Industrials | 19.3% | 53.2% |
| Utilities | 0.0% | 20.3% |
| Financials | 17.5% | 0.0% |
| Consumer Discretionary | 11.7% | 4.3% |
| Information Technology | 6.5% | 10.7% |
| Other Sectors | 18.9% | 0.0% |
| Unclassified | 22.6% | 11.2% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (23% of DXJ, 11% of GRID).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DXJ | +2.2% | +25.3% | +49.6% | +31.9% | +27.8% | +19.0% | 0.94% |
| GRID | +2.2% | +22.4% | +31.6% | +23.6% | +15.0% | +18.9% | 0.77% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DXJ vs GRID →
Shared Holdings(13)
The top 10 shared positions account for 97% of the overlap, led by 6501, 5803 and 6503.
 6501Hitachi Ltd. NPV | 1.02% | 0.69% | 0.69% |
|---|---|---|---|
 5803Fujikura Ltd. NPV | 0.47% | 1.40% | 0.47% |
 6503Mitsubishi Electric Corp. NPV | 1.09% | 0.36% | 0.36% |
 5802Sumitomo Electric Industries Ltd. NPV | 1.21% | 0.22% | 0.22% |
 6752Panasonic Holdings Corp. NPV | 0.81% | 0.21% | 0.21% |
 6508Meidensha Corporation NPV | 0.07% | 0.28% | 0.07% |
 5801Furukawa Electric Co Ltd. NPV | 0.22% | 0.06% | 0.06% |
 6504Fuji Electric Co., Ltd. NPV | 0.13% | 0.05% | 0.05% |
 6622Daihen Corp NPV | 0.04% | 0.22% | 0.04% |
 5333Ngk Corp. NPV | 0.18% | 0.04% | 0.04% |
| Osaki Electric Co Ltd NPV | 0.03% | 0.06% | 0.03% |
 6845Azbil Corp. NPV | 0.09% | 0.02% | 0.02% |
 6674GS Yuasa Corp. NPV | 0.07% | 0.02% | 0.02% |
Frequently Asked Questions
How much do DXJ and GRID overlap?
DXJ and GRID overlap by 2.3% of portfolio weight. They share 13 holdings (DXJ holds 430 positions and GRID holds 120), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DXJ and GRID?
The two portfolios are 2.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DXJ and GRID?
The largest positions held by both funds are 6501, 5803, 6503, 5802 and 6752. Together the top 10 shared positions account for 97% of the total overlap.
What does DXJ own that GRID doesn't?
417 positions (91.0% of DXJ) are unique to DXJ, led by 8306, 7203 and 8766. In the other direction, 107 positions (96.2% of GRID) are unique to GRID.