GRID vs IXN overlap - what they share and where they differ

GRID and IXN share 9.0% of their weight across 12 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

GRID and IXN

9.0%

12 shared positions

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Reported positions cover 100% of the fund, 119 positions · Jun 30, 2026

Top 10: 58.4%·Holdings of GRID

IXN

iShares Global Tech ETF

Reported positions cover 100% of the fund, 126 positions · Jun 30, 2026

Top 10: 60.0%·Holdings of IXN

Reported positions cover GRID 100%, IXN 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

IXN vs GRID side by side

GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

119

stock positions reported to the SEC

90.2% of its weight is in 107 names IXN does not hold

IXNiShares Global Tech ETF

126

stock positions reported to the SEC

79.4% of its weight is in 114 names GRID does not hold

Where each fund's weight sits

GRID
IXN
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
22.7%
85.2%
Industrials
11.0%
0.2%
Utilities
4.8%
0.0%
Consumer Cyclical
2.0%
0.1%
Basic Materials
0.0%
0.7%
Healthcare
0.4%
0.6%

The widest gap is Technology: IXN has 62.6 points more of it.

The figures side by side

GRIDIXN
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported119126
Weight of the ten largest58.4%60.0%
Largest positionEATON CORP PLC 8.5%NVDA 13.0%
Held alone107 positions, 90.2%114 positions, 79.4%
Covered by stock positions100%100%

Holdings they share

StockIn GRIDIn IXNCounted
NVDANVIDIA CORP1.90%12.96%1.90%
CSCOCISCO SYSTEMS INC1.67%1.65%1.65%
TXNTEXAS INSTRUMENTS INC0.98%0.96%0.96%
IBMINTERNATIONAL BUSINESS MACHINES CORP0.95%0.94%0.94%
ORCLORACLE CORP1.04%0.88%0.88%
ADIANALOG DEVICES INC0.70%0.69%0.69%
QCOMQUALCOMM INC0.69%0.69%0.69%
SAPSAP SE0.69%0.56%0.56%
INFINEON TECHNOLOGIES AG0.46%0.44%0.44%
NXPINXP SEMICONDUCTORS NV0.23%0.25%0.23%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in GRID

EATON CORP PLC8.52%
SCHNEIDER ELECTRIC SE8.29%
ABB LTD (CH)8.11%
PWRQUANTA SERVICES INC8.10%
JCIJOHNSON CONTROLS INTERNATIONAL PLC7.99%
NGGNATIONAL GRID PLC4.11%
E.ON SE3.88%
PRYSMIAN SPA3.87%
NVENT ELECTRIC PLC2.87%
HUBBHUBBELL INC2.61%

Only in IXN

AAPLAPPLE INC.11.36%
MSFTMICROSOFT CORPORATION7.41%
TSMTaiwan Semiconductor Manufacturing Company Limited5.08%
AVGOBROADCOM INC.4.78%
MUMICRON TECHNOLOGY, INC.4.63%
SAMSUNG ELECTRONICS CO., LTD.4.28%
AMDADVANCED MICRO DEVICES, INC.3.37%
SKHYSK hynix Inc.3.35%
ASMLASML Holding N.V.2.73%
INTCINTEL CORPORATION2.35%

Questions people ask

Is GRID the same as IXN?

9.0% of their weight sits in the same 12 holdings. GRID also reports EATON CORP PLC, SCHNEIDER ELECTRIC SE, ABB LTD (CH), which the other does not. IXN also reports AAPL, MSFT, TSM, which the other does not.

How is the overlap between GRID and IXN measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of GRID and 100% of IXN, so the number cannot exceed the smaller coverage.

Which holds more, IXN or GRID?

GRID reports 119 stock positions and IXN reports 126. 90.2% of GRID's weight sits in names IXN does not hold, and 79.4% of IXN's weight in names GRID does not hold. The ten largest positions are 58.4% of GRID and 60.0% of IXN.

How do GRID and IXN differ by sector?

The widest gap is Technology: IXN has 62.6 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.