Skip to Content
ETFs

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 16, 2009
Expense Ratio
0.58%
Type
Global Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$6,184,401
AUM
$1,030,099,189
Associated Index
NASDAQ OMX Clean Edge Smart Grid Infrastructure Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NG.
National Grid Plc
8.15%
SU
Schneider Electric SE
8.06%
ABBN
ABB Ltd.
7.88%
ETN
Eaton Corporation plc
7.8%
JCI
Johnson Controls International plc - Registered Shares
7.12%
APTV
Aptiv PLC
4.08%
PWR
Quanta Services, Inc.
3.79%
006400
Samsung SDI Co. Ltd.
3.63%
ENPH
Enphase Energy Inc
3.2%
HUBB
Hubbell Inc.
2.9%
Invest with GRID
Trade GRID Options

What is GRID?

This exchange-traded fund seeks investment results that correspond generally to the price and yield before the Funds fees and expenses of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

GRID
Performance Measures**

for the time period Jan 23, 2012 to Dec 4, 2025

Returns

1M Trailing Return: -0.3%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 8.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -40.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 22.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.73

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.36

The annualized return divided by the max drawdown for the selected time period.

ETFs related toGRID

ETFs correlated to GRID include EXI, SPGM, VT

GRID
First Trust Exchange-Traded Fund III - First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
EXI
BlackRock Institutional Trust Company N.A. - iShares Global Industrials ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
IYJ
BlackRock Institutional Trust Company N.A. - iShares U.S. Industrials ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toGRID

Grok v 7

Category

Tech/AI tilt, Heavy gold hedge, Global diversification, Crypto sleeve, Thematic ETFs, Real assets, Low bonds, No rebalancing

OOS Cumulative Return

9.81%

Create your own algorithmic trading strategy with GRID using Composer

FAQ

GRID is a Global Equities ETF. This exchange-traded fund seeks investment results that correspond generally to the price and yield before the Funds fees and expenses of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index.

GRID tracks the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index.

No, GRID is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GRID is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GRID is -0.0282%. This is the percent change in the value of GRID over the most recent 1-month period. The 3-month return on GRID is -0.0657%. This is the percent change in the value of GRID over the most recent 3-month period.

The standard deviation of GRID for the past year is 0.2079%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GRID include PBW, IGF, and ARKK.

ETFs correlated to GRID include EXI, SPGM, and VT.

ETFs that are inversely correlated to GRID include EPV, EFZ, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.