Fund Overlap

See which holdings any two equity ETFs have in common, along with top differences in exposure.


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OVERLAP
9%

OVERLAP
BY WEIGHT
11

# OF OVERLAPPING
HOLDINGS
GRID
121
HOLDINGS
11%
ALSO IN IBAT
IBAT
63
HOLDINGS
20%
ALSO IN GRID
SECTOR DRIFT (GRID minus IBAT)
OVERLAPPING HOLDINGS

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Company Weight
in GRID
Weight
in IBAT
Overlap
SCHNEIDER ELECTRIC SA 8.4% 2.8% 2.8%
ABB LTD. 8.1% 2.8% 2.8%
EATON CORP PLC 7.1% 2.5% 2.5%
ENPHASE ENERGY INC 0.4% 1.8% 0.4%
SOLAREDGE TECHNOLOGIES, INC. 0.2% 0.8% 0.2%
GRID Overweight Relative to IBAT
JOHNSON CONTROLS INTERNATIONAL PLC 8.0%
NATIONAL GRID PLC 7.9%
SCHNEIDER ELECTRIC SA 5.6%
ABB LTD. 5.3%
EATON CORP PLC 4.6%
QUANTA SERVICES INC 4.3%
PRYSMIAN SPA 4.1%
E.ON AG 3.8%
HUBBELL INCORPORATED CLASS B 2.8%
TESLA MOTORS INC 2.6%
GRID Underweight Relative to IBAT
BLOOM ENERGY CORPORATION CLASS A -9.4%
MURATA MANUFACTURING CO LTD -6.9%
SAMSUNG SDI CO LTD -5.8%
BASF SE -5.4%
ASAHI KASEI CORP -5.2%
LG ENERGY SOLUTION LTD. -4.8%
AIR LIQUIDE SA -4.8%
LG CHEM LTD -4.4%
AIR PRODUCTS & CHEMICALS INC -4.4%
MITSUBISHI CHEMICAL HOLDINGS -3.4%
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