GRID vs SUSA: Holdings Overlap
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
SUSAiShares ESG Optimized MSCI USA ETF
iShares · 170 holdings · $4.1B · as of 2026-04-30
Holdings snapshots are 30 days apart (GRID: 2026-03-31, SUSA: 2026-04-30). 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 SUSA?
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120 positions; iShares ESG Optimized MSCI USA ETF (SUSA, by iShares) holds 170. They have 11 holdings in common, and by portfolio weight the two funds are 7.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11GRID holds 120 · SUSA holds 170
- Weight in Shared Holdings
- GRID 22%·SUSA 14%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
109 of 120 positions (77.5% of the fund) are not held by SUSA. Showing the top 30 by weight.
Sector Breakdown
| Sector | GRID | SUSA |
|---|---|---|
| Industrials | 53.2% | 11.3% |
| Information Technology | 10.7% | 38.2% |
| Utilities | 20.3% | 1.3% |
| Financials | 0.0% | 11.9% |
| Health Care | 0.0% | 9.0% |
| Other Sectors | 4.3% | 28.2% |
| 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 SUSA).
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% |
| SUSA | +3.0% | +14.4% | +24.2% | +19.9% | +11.2% | +14.9% | 0.82% |
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 SUSA →
Shared Holdings(11)
The top 10 shared positions account for 98% of the overlap, led by NVDA, TSLA and CSCO.
 NVDANVIDIA Corp. COM | 2.14% | 7.92% | 2.14% |
|---|---|---|---|
 TSLATesla Inc COM | 2.01% | 1.63% | 1.63% |
 CSCOCisco Systems, Inc. COM | 1.33% | 0.67% | 0.67% |
 IBMInternational Business Machines Corp. COM | 0.98% | 0.66% | 0.66% |
 TXNTexas Instruments Inc. COM | 0.76% | 0.58% | 0.58% |
 GEVGE Vernova Inc. COM | 0.96% | 0.57% | 0.57% |
 JCIJohnson Controls International PLC COM USD1.00 | 7.90% | 0.45% | 0.45% |
 ORCLOracle Corp. COM | 1.18% | 0.31% | 0.31% |
 ADIAnalog Devices Inc. COM | 0.67% | 0.30% | 0.30% |
 NXPINXP Semiconductors NV EUR0.20 | 0.19% | 0.73% | 0.19% |
 PWRQuanta Services, Inc. COM | 4.24% | 0.13% | 0.13% |
Frequently Asked Questions
How much do GRID and SUSA overlap?
GRID and SUSA overlap by 7.6% of portfolio weight. They share 11 holdings (GRID holds 120 positions and SUSA holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GRID and SUSA?
The two portfolios are 7.6% 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 GRID and SUSA?
The largest positions held by both funds are NVDA, TSLA, CSCO, IBM and TXN. Together the top 10 shared positions account for 98% of the total overlap.
What does GRID own that SUSA doesn't?
109 positions (77.5% of GRID) are unique to GRID, led by ETN, NG- and ABBN. In the other direction, 159 positions (85.9% of SUSA) are unique to SUSA.