ETF comparison
GRID vs ICLN
Both Thematic.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund · iShares Global Clean Energy ETF
Holdings overlap
7 positions appear in both funds. Buying equal dollars of GRID and ICLN would leave roughly 2.9% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
ICLN is 17 bps cheaper than GRID. On a $100,000 position that's about $170/yr more in fees for GRID.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with GRID vs ICLN.
Top shared holdings
7 shared in total| # | Holding | In GRID | In ICLN | Overlap |
|---|---|---|---|---|
| 1 | Equatorial SA | 1.32% | 2.88% | 1.32% |
| 2 | ENERGISA SA | 0.52% | 1.34% | 0.52% |
| 3 | Enphase Energy Inc | 0.50% | 3.24% | 0.50% |
| 4 | Solaredge Technologies Inc | 0.32% | 1.92% | 0.32% |
| 5 | SMA Solar Technology AG | 0.14% | 0.26% | 0.14% |
| 6 | EDP SA | 0.07% | 2.33% | 0.07% |
| 7 | Verbund AG | 0.05% | 0.50% | 0.05% |
Only in GRID
114 total- Eaton Corporation PLC 8.28%
- Johnson Controls International PLC 7.90%
- National Grid PLC 7.86%
- ABB Ltd. 7.58%
- Schneider Electric SE 7.26%
- Prysmian S.p.A. 4.25%
- Quanta Services, Inc. 4.24%
- E.ON SE 4.10%
- Hubbell Incorporated 2.87%
- NVIDIA Corp. 2.14%
Only in ICLN
98 total- BLOOM ENERGY CORPORATION 13.70%
- NEXTPOWER INC. 7.26%
- FIRST SOLAR, INC. 7.14%
- China Yangtze Power Co., Ltd. 5.88%
- VESTAS WIND SYSTEMS A/S 3.36%
- PLUG POWER INC. 3.27%
- SUZLON ENERGY LIMITED 2.37%
- Chubu Electric Power Company, Incorporated 2.01%
- CLEARWAY ENERGY, INC. 1.88%
- Oersted A/S 1.83%
Open GRID or ICLN at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.