ETF comparison

GRIDvsTAN

Both Thematic.

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

Holdings overlap

Weighted by ISIN/CUSIP
1.1%

3 positions appear in both funds. Buying equal dollars of GRID and TAN would leave roughly1.1%of each dollar exposed to the same underlying securities.

GRID only 98.7%Shared 1.1%TAN only 99.0%
In GRID only
119 positions
Shared
3 positions
In TAN only
29 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%
TAN

Invesco Solar ETF

Invesco · Thematic

42composite / 100
Expense ratio
0.70%
Net assets
$1.05B
TTM yield
0.00%
Top-10 conc.
80.4%

Sub-score comparison

44
Cost
30
76
Tax efficiency
78
100
Liquidity
58
31
Concentration
0
Tracking quality
GRIDsub-scoreTAN

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

Cost difference

GRID is 14 bps cheaper than TAN. On a $100,000 position that's about $140/yr more in fees for TAN.

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 TAN.

Top shared holdings

3 shared in total
#HoldingIn GRIDIn TANOverlap
1ENPHASE ENERGY INC0.58%8.75%0.58%
2SOLAREDGE TECHNOLOGIES INC0.36%6.32%0.36%
3SMA SOLAR TECHNOLOGY AG0.16%2.13%0.16%

Only in GRID

119 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 TAN

29 total
  • First Solar, Inc.11.74%
  • Nextpower Inc.9.81%
  • Enlight Renewable Energy Ltd.7.58%
  • Doral Group Renewable Energy Resources Ltd.5.09%
  • Sunrun Inc.4.83%
  • O.Y. Nofar Energy Ltd.4.22%
  • HA Sustainable Infrastructure Capital, Inc.3.46%
  • Shoals Technologies Group, Inc.3.39%
  • Solaria Energia y Medio Ambiente, S.A.3.07%
  • GCL-Poly Energy Holdings Ltd.3.00%

Open GRID or TAN 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.