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ETF comparison

GRID vs TAN

Both Thematic.

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

Holdings overlap

Weighted by ISIN/CUSIP
1.0 %

3 positions appear in both funds. Buying equal dollars of GRID and TAN would leave roughly 1.0% of each dollar exposed to the same underlying securities.

GRID only 99.0% Shared 1.0% TAN only 99.2%
In GRID only
118 positions
Shared
3 positions
In TAN only
27 positions

Side by side

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust · Thematic

63 composite / 100
Expense ratio
0.56%
Net assets
$12.08B
TTM yield
0.78%
Top-10 conc.
56.5%
TAN

Invesco Solar ETF

Invesco · Thematic

46 composite / 100
Expense ratio
0.70%
Net assets
$1.72B
TTM yield
0.00%
Top-10 conc.
71.2%

Sub-score comparison

44
Cost
30
76
Tax efficiency
78
100
Liquidity
67
34
Concentration
13
—
Tracking quality
—
GRID sub-score TAN

Tracking quality isn't part of the composite — see what we don't score for 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 the cost calculator pre-filled with GRID vs TAN.

Top shared holdings

3 shared in total
# Holding In GRID In TAN Overlap
1 Enphase Energy Inc 0.50% 7.06% 0.50%
2 Solaredge Technologies Inc 0.32% 4.27% 0.32%
3 SMA Solar Technology AG 0.14% 1.44% 0.14%

Only in GRID

118 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 TAN

27 total
  • Nextpower Inc. 10.49%
  • Enlight Renewable Energy Ltd. 7.42%
  • First Solar, Inc. 6.70%
  • GCL-Poly Energy Holdings Ltd. 5.61%
  • Doral Group Renewable Energy Resources Ltd. 4.40%
  • Sunrun Inc. 4.34%
  • HA Sustainable Infrastructure Capital, Inc. 4.16%
  • Solaria Energia y Medio Ambiente, S.A. 3.98%
  • Xinyi Solar Holdings Ltd. 3.93%
  • Clearway Energy, Inc. 3.49%

Open GRID or TAN at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.