GRID vs ILF: Holdings Overlap
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
ILFiShares Latin America 40 ETF
iShares · 44 holdings · $3.8B · as of 2026-03-31
How similar are GRID and ILF?
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120 positions; iShares Latin America 40 ETF (ILF, by iShares) holds 44. They have 1 holdings in common, and by portfolio weight the two funds are 0.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1GRID holds 120 · ILF holds 44
- Weight in Shared Holdings
- GRID 0%·ILF 2%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 GRID
119 of 120 positions (99.8% of the fund) are not held by ILF. Showing the top 30 by weight.
Only in ILF
43 of 44 positions (97.2% of the fund) are not held by GRID. Showing the top 30 by weight.
Sector Breakdown
| Sector | GRID | ILF |
|---|---|---|
| Industrials | 53.2% | 6.6% |
| Financials | 0.0% | 36.9% |
| Materials | 0.0% | 21.4% |
| Utilities | 20.3% | 4.6% |
| Energy | 0.0% | 13.0% |
| Other Sectors | 15.1% | 15.7% |
| Unclassified | 11.2% | 1.2% |
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 (11% of GRID, 1% of ILF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| GRID | +2.2% | +22.4% | +31.6% | +23.6% | +15.0% | +18.9% | 0.77% |
| ILF | +2.7% | +15.2% | +38.5% | +14.3% | +10.7% | +7.1% | 3.41% |
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 GRID vs ILF →
Shared Holdings(1)
 WEGE3Weg SA COM NPV | 0.11% | 2.24% | 0.11% |
|---|
Frequently Asked Questions
How much do GRID and ILF overlap?
GRID and ILF overlap by 0.1% of portfolio weight. They share 1 holdings (GRID holds 120 positions and ILF holds 44), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GRID and ILF?
The two portfolios are 0.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of GRID and ILF?
The largest positions held by both funds are WEGE3. Together the top 1 shared positions account for 97% of the total overlap.
What does GRID own that ILF doesn't?
119 positions (99.8% of GRID) are unique to GRID, led by ETN, JCI and NG-. In the other direction, 43 positions (97.2% of ILF) are unique to ILF.