FEZ vs GRID: Holdings Overlap
FEZState Street® SPDR® EURO STOXX 50® ETF
State Street (SPDR) · 51 holdings · $4.5B · as of 2026-08-06
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
Holdings snapshots are 128 days apart (FEZ: 2026-08-06, 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 FEZ and GRID?
State Street® SPDR® EURO STOXX 50® ETF (FEZ, by State Street (SPDR)) holds 50 positions; First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120. They have 5 holdings in common, and by portfolio weight the two funds are 6.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5FEZ holds 50 · GRID holds 120
- Weight in Shared Holdings
- FEZ 17%·GRID 10%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 FEZ
45 of 51 positions (81.1% of the fund) are not held by GRID. Showing the top 30 by weight.
Only in GRID
115 of 120 positions (89.7% of the fund) are not held by FEZ. Showing the top 30 by weight.
Sector Breakdown
| Sector | FEZ | GRID |
|---|---|---|
| Industrials | 21.9% | 53.2% |
| Financials | 28.2% | 0.0% |
| Utilities | 4.6% | 20.3% |
| Information Technology | 12.6% | 10.7% |
| Consumer Discretionary | 9.6% | 4.3% |
| Other Sectors | 20.9% | 0.0% |
| 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 FEZ, 11% of GRID).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FEZ | +4.7% | +13.6% | +24.4% | +19.4% | +11.9% | +11.5% | 2.48% |
| 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 FEZ vs GRID →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by SU, SAP and SIE.
Frequently Asked Questions
How much do FEZ and GRID overlap?
FEZ and GRID overlap by 6.8% of portfolio weight. They share 5 holdings (FEZ holds 50 positions and GRID holds 120), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FEZ and GRID?
The two portfolios are 6.8% 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 FEZ and GRID?
The largest positions held by both funds are SU, SAP, SIE, IBE and ENEL. Together the top 5 shared positions account for 100% of the total overlap.
What does FEZ own that GRID doesn't?
45 positions (81.1% of FEZ) are unique to FEZ, led by ASML, SAN and TTE. In the other direction, 115 positions (89.7% of GRID) are unique to GRID.