Power Grid Stocks
Top 10 of 113 GRID holdings, updated
As of 12 October 2026, power grid stocks are trailing the S&P 500, over the past month and over the longer run. GRID trails the S&P 500 by 3.0 points over one month and ranks #42 of 115 groups Zensei tracks. 25 of the 44 power grid stocks Zensei prices in GRID beat the fund this month.
Where power grid stocks stand now
As of 12 October 2026, Electric Energy Infrastructure (GRID) ranks #42 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is out of favor: it trails the S&P 500 on both rotation windows — 3.0 points behind over the past month and 2.4 points behind over the longer, time-shifted window. That is the Underperformers quadrant.
On the shorter tape, GRID's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. GRID's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF, whose 113 tracked holdings are led by Schneider Electric SE, Eaton Corp PLC and n/a. Weighted by portfolio, the fund's holdings trade at roughly 38.9× earnings. The thing to watch from here is the one-month spread: underperformers only become interesting when the recent window turns positive first — until then, the market is voting elsewhere.
Top power grid stocks right now
The largest power grid stocks by weight in GRID, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Largest by fund weight
Share of GRID
- 1Schneider Electric SE9.3%
- 2Eaton Corp PLCETN8.6%
- 3n/aJCI8.1%
- 4Abb Ltd7.9%
- 5Quanta Services IncPWR7.3%
Strongest this month
1-month return, holdings Zensei prices
- 1Generac Holdings IncGNRC+16.8%
- 2Primoris Services CorpPRIM+10.1%
- 3Digi International IncDGII+8.8%
- 4Myr Group IncMYRG+7.5%
- 5Analog Devices IncADI+7.3%
Power Grid Stocks vs the S&P 500
Over the week to 12 October 2026, GRID fell 1.9% while the S&P 500 rose 0.4%. GRID and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means GRID won that window.
Prices as of · computed from daily adjusted closes · how we measure
Electric Energy Infrastructure on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
Are power grid stocks expensive?
The price-to-earnings ratio of GRID as a whole: the total price of its holdings over their total earnings, weighted by share of the fund. Holdings that lose money are left out.
GRID holdings: the power grid stocks inside
As of 12 October 2026, 25 of the 44 power grid stocks Zensei prices in GRID beat the fund over the past month. 16 of them beat the S&P 500. The strongest is Generac Holdings Inc (GNRC); the weakest is Fluence Energy Inc (FLNC). Inside the fund, one or two outliers drive most of the move.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | Schneider Electric SE | 9.3% | — | — | No price data | ||
| 2 | ETNEaton Corp PLC | 8.6% | +0.3% | +6.2% | +1.3 pts | Weak | Fading |
| 3 | JCIn/a | 8.1% | +6.7% | +8.3% | +7.7 pts | Cruising | Strong |
| 4 | Abb Ltd | 7.9% | — | — | No price data | ||
| 5 | PWRQuanta Services Inc | 7.3% | +6.8% | +7.5% | +7.8 pts | Cruising | Strong |
| 6 | National Grid PLC | 4.2% | — | — | No price data | ||
| 7 | E.On SE | 4.2% | — | — | No price data | ||
| 8 | Prysmian SPA | 3.5% | — | — | No price data | ||
| 9 | NVTNvent Electric PLC | 2.7% | +0.2% | +3.1% | |||
| 10 | HUBBHubbell Inc | 2.4% | +3.0% | −0.3% | |||
All 113 GRID holdings by weight: Schneider Electric SE 9.3%, Eaton Corp PLC (ETN) 8.6%, n/a (JCI) 8.1%, Abb Ltd 7.9%, Quanta Services Inc (PWR) 7.3%, National Grid PLC 4.2%, E.On SE 4.2%, Prysmian SPA 3.5%, Nvent Electric PLC (NVT) 2.7%, Hubbell Inc (HUBB) 2.4%, Nvidia Corp (NVDA) 2.3%, Tesla Inc (TSLA) 1.8%, Terna SPA 1.8%, Cisco Systems Inc (CSCO) 1.7%, Hydro One Ltd 1.5%, Hd Hyundai Electric 1.4%, Belimo Holding AG 1.2%, Ls Electric Co Ltd 1.2%, Oracle Corp (ORCL) 1.1%, Sap SE 1.1%, Aptiv PLC (APTV) 1.0%, Siemens AG 1.0%, Equatorial SA 1.0%, Spie SA 1.0%, Texas Instruments Inc (TXN) 0.9%, Elia Group Sa/Nv 0.9%, Nkt As 0.9%, Redeia Corporacion SA 0.9%, Ge Vernova Inc (GEV) 0.9%, International Business Machines Corp (IBM) 0.9%, Fortune Electric Co Ltd 0.8%, Nexans 0.8%, Qualcomm Inc (QCOM) 0.7%, Analog Devices Inc (ADI) 0.7%, Hitachi Ltd 0.7%, Iberdrola SA 0.6%, Cia Paranaense de Energia Copel 0.5%, Myr Group Inc (MYRG) 0.5%, Enphase Energy Inc (ENPH) 0.5%, Itron Inc (ITRI) 0.4%, Meidensha Corp 0.4%, Enel SPA 0.4%, Astor Enerji As 0.4%, Emerson Electric Co (EMR) 0.4%, Infineon Technologies AG 0.4%, Atkore Inc (ATKR) 0.3%, Mitsubishi Electric Corp 0.3%, Voltronic Power Technology Corp 0.3%, Panasonic Holdings Corp 0.3%, Taihan Cable and Solution Co Ltd 0.3%, Honeywell International Inc (HON) 0.3%, Fujikura Ltd 0.3%, Shihlin Electric & Engineering Corp 0.3%, Sanil Electrical Co Ltd 0.3%, Daihen Corp 0.2%, Solaredge Technologies Inc (SEDG) 0.2%, Cenergy Holdings SA 0.2%, Engie SA 0.2%, Nxp Semiconductors NV (NXPI) 0.2%, Isa Energia Brasil 0% 0.2%, Legrand SA 0.2%, Sumitomo Electric Industries Ltd 0.2%, Byd Co Ltd 0.2%, American Superconductor Corp (AMSC) 0.2%, Renesas Electronics Corp 0.2%, Sma Solar Technology AG 0.2%, Ren-Redes Energeticas Nacionais Sgps SA 0.2%, Landis&gyr Group AG 0.2%, Willdan Group Inc (WLDN) 0.1%, Iljin Electric Co Ltd 0.1%, Sse PLC 0.1%, Wasion Holdings Ltd 0.1%, Fortis Inc (FTS) 0.1%, Allis Electric Co Ltd 0.1%, Samsung Sdi Co Ltd 0.1%, Ta Ya Electric Wire & Cable 0.1%, Fluence Energy Inc (FLNC) 0.1%, R&s Group Holding AG 0.1%, Weg SA 0.1%, Preformed Line Products Co (PLPC) 0.1%, Wesco International Inc (WCC) 0.1%, Furukawa Electric Co Ltd 0.1%, Pfisterer Holding SE 0.1%, Edp-Energias de Portugal SA 0.1%, Fuji Electric Co Ltd 0.1%, Takaoka Toko Co Ltd 0.1%, Mastec Inc (MTZ) 0.1%, Osaki Electric Co Ltd 0.1%, Advantech Co Ltd 0.1%, Trimble Inc (TRMB) 0.1%, Ngk Corp 0.0%, Verbund AG 0.0%, Ls Eco Energy 0.0%, Generac Holdings Inc (GNRC) 0.0%, Valmont Industries Inc (VMI) 0.0%, The Aes Corp (AES) 0.0%, Littelfuse Inc (LFUS) 0.0%, Advanced Energy Industries Inc (AEIS) 0.0%, Alfen NV 0.0%, Stmicroelectronics NV (STM) 0.0%, Esco Technologies Inc (ESE) 0.0%, Arcosa Inc (ACA) 0.0%, Azbil Corp 0.0%, Enersys (ENS) 0.0%, Tatung Co Ltd 0.0%, Gs Yuasa Corp 0.0%, Bkw AG 0.0%, Digi International Inc (DGII) 0.0%, Stella-Jones Inc 0.0%, Primoris Services Corp (PRIM) 0.0%, Belden Inc (BDC) 0.0%, Azz Inc (AZZ) 0.0%, Chung-Hsin Electric & Machinery Mfg Corp 0.0%.
Power Grid Stocks: common questions
What are the top 3 power grid stocks?
As of 12 October 2026, the three largest power grid stocks in GRID by fund weight are Schneider Electric SE (9.3%), Eaton Corp PLC (ETN) (8.6%) and n/a (JCI) (8.1%). Fund weight shows size inside the fund, not a recommendation.
Which power grid stocks are beating the sector?
As of 12 October 2026, 25 of the 44 power grid stocks Zensei prices in GRID beat the fund over the past month. The strongest over the past month is Generac Holdings Inc (GNRC). The list above shows every holding with its weight and returns.
Are power grid stocks outperforming the S&P 500?
No. As of 12 October 2026, GRID trails the S&P 500 by 3.0 points over the past month.
Is it a good time to invest in power grid stocks?
Zensei does not give investment advice, but it measures the trend. As of 12 October 2026, power grid stocks are behind the S&P 500 on both the recent and the longer window. The rotation map and the read on this page show whether that trend is building or fading.
What is GRID?
GRID is First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF. Zensei uses it to measure power grid stocks against the S&P 500 (SPY).
What stocks does GRID own?
As of 12 October 2026, the largest of the 113 positions Zensei tracks in GRID are Schneider Electric SE, Eaton Corp PLC, n/a, Abb Ltd, Quanta Services Inc. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.
What quadrant is electric energy infrastructure in right now?
As of 12 October 2026, electric energy infrastructure is in the Underperformers quadrant — trailing the S&P 500 on both windows. The Zensei methodology page explains the quadrants.
Recent changes
- ·Gaining ground → trailing the market
- ·First tracked: gaining ground
Related sectors
Track electric energy infrastructure against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.