GRID vs VSS: Holdings Overlap
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
VSSVanguard FTSE All-world Ex-us Small-cap Index Fund
Vanguard · 4810 holdings · $11.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (GRID: 2026-03-31, VSS: 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 VSS?
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120 positions; Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810. They have 17 holdings in common, and by portfolio weight the two funds are 1.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17GRID holds 120 · VSS holds 4810
- Weight in Shared Holdings
- GRID 4%·VSS 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
103 of 120 positions (96.2% of the fund) are not held by VSS. 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% |
| VSS | +3.4% | +11.3% | +19.8% | +15.6% | +6.0% | +8.0% | 3.14% |
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 VSS →
Shared Holdings(17)
The top 10 shared positions account for 89% of the overlap, led by NKT, NEX and 001440.
 NKTNkt AS DKK20 | 0.89% | 0.21% | 0.21% |
|---|---|---|---|
 NEXNexans SA EUR1 | 0.70% | 0.20% | 0.20% |
 001440Taihan Cable & Solution Co Ltd. KRW1000 | 0.24% | 0.11% | 0.11% |
 062040Sanil Electric Co Ltd. KRW500 | 0.14% | 0.08% | 0.08% |
 6508Meidensha Corporation NPV | 0.28% | 0.06% | 0.06% |
 103590Iljin Electric Co Ltd KRW1000 (NEW) | 0.14% | 0.05% | 0.05% |
 6622Daihen Corp NPV | 0.22% | 0.05% | 0.05% |
| Landis & Gyr Group AG CHF10 (REGD) | 0.20% | 0.05% | 0.05% |
| Wasion Holdings Ltd HKD0.01 | 0.22% | 0.04% | 0.04% |
| REN - Redes Energeticas Nacionais, SGPS, S.A EUR1(REGD) | 0.19% | 0.04% | 0.04% |
 S92SMA Solar Technology AG NPV (BR) | 0.14% | 0.02% | 0.02% |
| Allis Electric Co Ltd. ORD TWD10 | 0.12% | 0.02% | 0.02% |
 1609Ta Ya Electric Wire & Cable Co., Ltd. TWD10 | 0.11% | 0.02% | 0.02% |
 SJStella Jones Inc COM NPV | 0.01% | 0.09% | 0.01% |
| Takaoka Toko Co Ltd NPV | 0.04% | 0.01% | 0.01% |
| Osaki Electric Co Ltd NPV | 0.06% | 0.01% | 0.01% |
 1513Chung-Hsin Electric & Machinery Manufacturing Corp | 0.01% | 0.05% | 0.01% |
Frequently Asked Questions
How much do GRID and VSS overlap?
GRID and VSS overlap by 1.0% of portfolio weight. They share 17 holdings (GRID holds 120 positions and VSS holds 4810), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GRID and VSS?
The two portfolios are 1.0% 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 VSS?
The largest positions held by both funds are NKT, NEX, 001440, 062040 and 6508. Together the top 10 shared positions account for 89% of the total overlap.
What does GRID own that VSS doesn't?
103 positions (96.2% of GRID) are unique to GRID, led by ETN, JCI and NG-. In the other direction, 4793 positions (97.9% of VSS) are unique to VSS.