GRID vs SCHC: Holdings Overlap
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
SCHCSchwab International Small-Cap Equity ETF
Schwab · 2230 holdings · $5.5B · as of 2026-05-31
Holdings snapshots are 61 days apart (GRID: 2026-03-31, SCHC: 2026-05-31). 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 GRID and SCHC?
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120 positions; Schwab International Small-Cap Equity ETF (SCHC, by Schwab) holds 2230. They have 13 holdings in common, and by portfolio weight the two funds are 1.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13GRID holds 120 · SCHC holds 2230
- Weight in Shared Holdings
- GRID 3%·SCHC 1%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
107 of 120 positions (96.6% of the fund) are not held by SCHC. Showing the top 30 by weight.
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% |
| SCHC | +4.9% | +11.6% | +20.4% | +17.4% | +6.7% | +8.3% | 3.32% |
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 SCHC →
Shared Holdings(13)
The top 10 shared positions account for 96% of the overlap, led by NKT, NEX and 001440.
 NKTNkt AS DKK20 | 0.89% | 0.32% | 0.32% |
|---|---|---|---|
 NEXNexans SA EUR1 | 0.70% | 0.28% | 0.28% |
 001440Taihan Cable & Solution Co Ltd. KRW1000 | 0.24% | 0.12% | 0.12% |
 062040Sanil Electric Co Ltd. KRW500 | 0.14% | 0.10% | 0.10% |
 6508Meidensha Corporation NPV | 0.28% | 0.09% | 0.09% |
 6622Daihen Corp NPV | 0.22% | 0.07% | 0.07% |
| Landis & Gyr Group AG CHF10 (REGD) | 0.20% | 0.06% | 0.06% |
| REN - Redes Energeticas Nacionais, SGPS, S.A EUR1(REGD) | 0.19% | 0.06% | 0.06% |
 103590Iljin Electric Co Ltd KRW1000 (NEW) | 0.14% | 0.05% | 0.05% |
 S92SMA Solar Technology AG NPV (BR) | 0.14% | 0.04% | 0.04% |
| Takaoka Toko Co Ltd NPV | 0.04% | 0.02% | 0.02% |
 SJStella Jones Inc COM NPV | 0.01% | 0.11% | 0.01% |
| Osaki Electric Co Ltd NPV | 0.06% | 0.01% | 0.01% |
Frequently Asked Questions
How much do GRID and SCHC overlap?
GRID and SCHC overlap by 1.2% of portfolio weight. They share 13 holdings (GRID holds 120 positions and SCHC holds 2230), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GRID and SCHC?
The two portfolios are 1.2% 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 SCHC?
The largest positions held by both funds are NKT, NEX, 001440, 062040 and 6508. Together the top 10 shared positions account for 96% of the total overlap.
What does GRID own that SCHC doesn't?
107 positions (96.6% of GRID) are unique to GRID, led by ETN, JCI and NG-. In the other direction, 2217 positions (97.9% of SCHC) are unique to SCHC.