ESGU vs GRID: Holdings Overlap
ESGUiShares ESG Aware MSCI USA ETF
iShares · 287 holdings · $18.3B · as of 2026-05-31
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
Holdings snapshots are 61 days apart (ESGU: 2026-05-31, GRID: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ESGU and GRID?
iShares ESG Aware MSCI USA ETF (ESGU, by iShares) holds 287 positions; First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120. They have 14 holdings in common, and by portfolio weight the two funds are 8.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14ESGU holds 287 · GRID holds 120
- Weight in Shared Holdings
- ESGU 14%·GRID 32%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 ESGU
273 of 287 positions (85.6% of the fund) are not held by GRID. Showing the top 30 by weight.
Sector Breakdown
| Sector | ESGU | GRID |
|---|---|---|
| Industrials | 8.9% | 53.2% |
| Information Technology | 38.9% | 10.7% |
| Utilities | 1.9% | 20.3% |
| Financials | 11.4% | 0.0% |
| Communication Services | 9.8% | 0.0% |
| Other Sectors | 29.0% | 4.3% |
| Unclassified | 0.0% | 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 (0% of ESGU, 11% of GRID).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGU | +3.3% | +14.3% | +23.8% | +20.9% | +12.2% | — | 0.90% |
| 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 ESGU vs GRID →
Shared Holdings(14)
The top 10 shared positions account for 92% of the overlap, led by NVDA, TSLA and CSCO.
 NVDANVIDIA Corp. COM | 7.77% | 2.14% | 2.14% |
|---|---|---|---|
 TSLATesla Inc COM | 1.85% | 2.01% | 1.85% |
 CSCOCisco Systems, Inc. COM | 0.75% | 1.33% | 0.75% |
 ORCLOracle Corp. COM | 0.58% | 1.18% | 0.58% |
 IBMInternational Business Machines Corp. COM | 0.49% | 0.98% | 0.49% |
 HONHoneywell International Inc. COM | 0.47% | 0.67% | 0.47% |
 TXNTexas Instruments Inc. COM | 0.45% | 0.76% | 0.45% |
 GEVGE Vernova Inc. COM | 0.44% | 0.96% | 0.44% |
 ADIAnalog Devices Inc. COM | 0.39% | 0.67% | 0.39% |
 QCOMQUALCOMM Inc. COM | 0.34% | 0.59% | 0.34% |
 ETNEaton Corporation PLC COM USD0.01 | 0.19% | 8.28% | 0.19% |
 NXPINXP Semiconductors NV EUR0.20 | 0.24% | 0.19% | 0.19% |
 JCIJohnson Controls International PLC COM USD1.00 | 0.15% | 7.90% | 0.15% |
 PWRQuanta Services, Inc. COM | 0.12% | 4.24% | 0.12% |
Frequently Asked Questions
How much do ESGU and GRID overlap?
ESGU and GRID overlap by 8.6% of portfolio weight. They share 14 holdings (ESGU holds 287 positions and GRID holds 120), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGU and GRID?
The two portfolios are 8.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ESGU and GRID?
The largest positions held by both funds are NVDA, TSLA, CSCO, ORCL and IBM. Together the top 10 shared positions account for 92% of the total overlap.
What does ESGU own that GRID doesn't?
273 positions (85.6% of ESGU) are unique to ESGU, led by AAPL, MSFT and GOOG. In the other direction, 106 positions (68.0% of GRID) are unique to GRID.