ETF comparison

GRIDvsPHO

Both Thematic.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund · Invesco Water Resources ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.4%

2 positions appear in both funds. Buying equal dollars of GRID and PHO would leave roughly0.4%of each dollar exposed to the same underlying securities.

GRID only 99.4%Shared 0.4%PHO only 99.7%
In GRID only
120 positions
Shared
2 positions
In PHO only
35 positions

Side by side

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust · Thematic

63composite / 100
Expense ratio
0.56%
Net assets
$11.84B
TTM yield
0.81%
Top-10 conc.
58.4%
PHO

Invesco Water Resources ETF

Invesco · Thematic

54composite / 100
Expense ratio
0.59%
Net assets
$2.03B
TTM yield
0.59%
Top-10 conc.
59.9%

Sub-score comparison

44
Cost
41
76
Tax efficiency
77
100
Liquidity
70
31
Concentration
29
Tracking quality
GRIDsub-scorePHO

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

GRID is 3 bps cheaper than PHO. On a $100,000 position that's about $30/yr more in fees for PHO.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with GRID vs PHO.

Top shared holdings

2 shared in total
#HoldingIn GRIDIn PHOOverlap
1ITRON INC0.34%2.70%0.34%
2VALMONT INDUSTRIES INC0.04%2.58%0.04%

Only in GRID

120 total
  • EATON CORP PLC8.52%
  • SCHNEIDER ELECTRIC SE8.29%
  • ABB LTD (CH)8.11%
  • QUANTA SERVICES INC8.10%
  • JOHNSON CONTROLS INTERNATIONAL PLC7.99%
  • NATIONAL GRID PLC4.11%
  • E.ON SE3.88%
  • PRYSMIAN SPA3.87%
  • NVENT ELECTRIC PLC2.87%
  • HUBBELL INC2.61%

Only in PHO

35 total
  • Ferguson Enterprises Inc.8.68%
  • Roper Technologies, Inc.8.57%
  • Waters Corp.8.18%
  • Ecolab Inc.7.14%
  • American Water Works Co., Inc.6.95%
  • IDEX Corp.4.39%
  • Mueller Industries, Inc.4.37%
  • Core & Main, Inc.3.93%
  • Xylem Inc.3.85%
  • Veralto Corp.3.83%

Open GRID or PHO 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 methodologyand 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.