GRID vs IVV: Holdings Overlap
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
iShares · 503 holdings · $901.0B · as of 2026-03-31
How similar are GRID and IVV?
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120 positions; iShares Core S&P 500 ETF (IVV, by iShares) holds 503. They have 20 holdings in common, and by portfolio weight the two funds are 7.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 20GRID holds 120 · IVV holds 503
- Weight in Shared Holdings
- GRID 37%·IVV 13%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
100 of 120 positions (63.0% of the fund) are not held by IVV. Showing the top 30 by weight.
Sector Breakdown
| Sector | GRID | IVV |
|---|---|---|
| Industrials | 53.2% | 9.0% |
| Information Technology | 10.7% | 32.6% |
| Utilities | 20.3% | 2.5% |
| Financials | 0.0% | 12.6% |
| Communication Services | 0.0% | 10.5% |
| Other Sectors | 4.3% | 32.6% |
| Unclassified | 11.2% | 0.0% |
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, 0% of IVV).
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% |
| IVV | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.05% |
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 IVV →
Shared Holdings(20)
The top 10 shared positions account for 89% of the overlap, led by NVDA, TSLA and CSCO.
 NVDANVIDIA Corp. COM | 2.14% | 7.56% | 2.14% |
|---|---|---|---|
 TSLATesla Inc COM | 2.01% | 1.87% | 1.87% |
 CSCOCisco Systems, Inc. COM | 1.33% | 0.55% | 0.55% |
 ORCLOracle Corp. COM | 1.18% | 0.45% | 0.45% |
 GEVGE Vernova Inc. COM | 0.96% | 0.42% | 0.42% |
 IBMInternational Business Machines Corp. COM | 0.98% | 0.40% | 0.40% |
 TXNTexas Instruments Inc. COM | 0.76% | 0.31% | 0.31% |
 ADIAnalog Devices Inc. COM | 0.67% | 0.28% | 0.28% |
 HONHoneywell International Inc. COM | 0.67% | 0.26% | 0.26% |
 ETNEaton Corporation PLC SHS | 8.28% | 0.25% | 0.25% |
 QCOMQUALCOMM Inc. COM | 0.59% | 0.25% | 0.25% |
 PWRQuanta Services, Inc. COM | 4.24% | 0.15% | 0.15% |
 JCIJohnson Controls International PLC SHS | 7.90% | 0.14% | 0.14% |
 EMREmerson Electric Co. COM | 0.34% | 0.13% | 0.13% |
 NXPINXP Semiconductors NV COM | 0.19% | 0.09% | 0.09% |
 HUBBHubbell Incorporated COM | 2.87% | 0.05% | 0.05% |
 TRMBTrimble Inc COM | 0.06% | 0.03% | 0.03% |
 APTVAptiv PLC COM SHS | 1.64% | 0.03% | 0.03% |
 GNRCGenerac Holdings Inc. COM | 0.05% | 0.02% | 0.02% |
 AESAES Corp. (The) | 0.04% | 0.02% | 0.02% |
Frequently Asked Questions
How much do GRID and IVV overlap?
GRID and IVV overlap by 7.8% of portfolio weight. They share 20 holdings (GRID holds 120 positions and IVV holds 503), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GRID and IVV?
The two portfolios are 7.8% 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 GRID and IVV?
The largest positions held by both funds are NVDA, TSLA, CSCO, ORCL and GEV. Together the top 10 shared positions account for 89% of the total overlap.
What does GRID own that IVV doesn't?
100 positions (63.0% of GRID) are unique to GRID, led by NG-, ABBN and SU. In the other direction, 483 positions (86.5% of IVV) are unique to IVV.