GRID vs XHB: Holdings Overlap
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
XHBState Street® SPDR® S&P® Homebuilders ETF
State Street (SPDR) · 33 holdings · $1.5B · as of 2026-08-06
Holdings snapshots are 128 days apart (GRID: 2026-03-31, XHB: 2026-08-06). 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 XHB?
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120 positions; State Street® SPDR® S&P® Homebuilders ETF (XHB, by State Street (SPDR)) holds 33. They have 1 holdings in common, and by portfolio weight the two funds are 3.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1GRID holds 120 · XHB holds 33
- Weight in Shared Holdings
- GRID 8%·XHB 4%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 (92.0% of the fund) are not held by XHB. Showing the top 30 by weight.
Only in XHB
32 of 33 positions (95.8% of the fund) are not held by GRID. Showing the top 30 by weight.
Sector Breakdown
| Sector | GRID | XHB |
|---|---|---|
| Consumer Discretionary | 4.3% | 57.9% |
| Industrials | 53.2% | 41.6% |
| Utilities | 20.3% | 0.0% |
| Information Technology | 10.7% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| 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 XHB).
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% |
| XHB | +1.3% | +8.1% | +3.6% | +10.1% | +8.8% | +12.8% | 0.71% |
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 XHB →
Shared Holdings(1)
 JCIJohnson Controls International PLC COM USD1.00 | 7.90% | 3.71% | 3.71% |
|---|
Frequently Asked Questions
How much do GRID and XHB overlap?
GRID and XHB overlap by 3.7% of portfolio weight. They share 1 holdings (GRID holds 120 positions and XHB holds 33), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GRID and XHB?
The two portfolios are 3.7% 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 XHB?
The largest positions held by both funds are JCI. Together the top 1 shared positions account for 100% of the total overlap.
What does GRID own that XHB doesn't?
119 positions (92.0% of GRID) are unique to GRID, led by ETN, NG- and ABBN. In the other direction, 32 positions (95.8% of XHB) are unique to XHB.