First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
$180.08−2.78 (−1.52%)
- Expense ratio
- 0.56%
- Fund size
- $12.1B
- 1Y return
- +22.0%
- Yield · Last 12 months
- 0.78%
- Holdings
- 123
- Volume · 30D
- 0.7M sh
- NAV per share
- $180.82
- 52W range
The ETF.net GRID Grade
Score 57 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 46Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 69Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 50Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 95Category rank
Our read on GRID
BGRID was buying transformers, smart meters and switchgear back in 2009, when "electrification" was a niche word. Roughly 100 global grid names, with the index reserving 80% of its weight for pure-play grid companies and 20% for diversified multinationals.
The Fund is an exchange-traded equity fund seeking results that generally correspond to the price and yield of the Nasdaq Clean Edge Smart Grid Infrastructure Index before fees and expenses.
Why people hold it
- The original grid fund. It has tracked Clean Edge's smart grid index since 2009, through a full cycle of clean-energy booms and busts, while most of its peer group launched recently.cleanedge.com
- At 0.56% it undercuts the 0.75% median for its grid and electrification cohort, though newer rivals ELFY and ZAP come in at 0.50%.
- The 80/20 split keeps the theme honest: pure-play grid firms carry most of the weight, with diversified multinationals filling the rest rather than swamping it.cleanedge.com
- A multi-billion-dollar fund that trades actively and distributes quarterly, real staying power in a category where most competitors are still building a track record.
Worth knowing
- About 100 stocks in one theme tied to utility and industrial capex. When grid spending cools, the portfolio has nowhere else to be.ftportfolios.com
- Global by design, so non-US market moves and currency swings ride along with the grid story.ftportfolios.com
- Clean Edge decides what counts as a grid company. Membership resets semiannually with quarterly rebalances, so the lineup can shift under you.cleanedge.comindexes.nasdaq.com
GRID Holdings
- Stocks
- 123
- 57%
- ETN
Sectors
- Industrials60.8%
- Utilities14.6%
- Technology11.6%
- Materials8.8%
- Consumer Discr.3.3%
- Energy0.9%
Geography
- United States25.53%
- Ireland16.49%
- France9.82%
- Switzerland9.37%
- United Kingdom6.95%
- Germany6.60%
- Italy6.28%
- South Korea3.48%
- 15.48%
Developed 87% · Emerging 13%
GRID Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
GRID$12,196
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GRID |
|---|---|
| Year to date | +20.0% |
| 1 month | +1.1% |
| 3 months | −7.1% |
| 1 year | +22.0% |
| 3 years | +25.8% |
| 5 years | +14.9% |
| 10 years | +18.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GRID |
|---|---|---|
| 2026 YTD | +20.0% | |
| 2025 | +29.7% | |
| 2024 | +15.2% | |
| 2023 | +21.6% | |
| 2022 | −13.9% | |
| 2021 | +27.6% | |
| 2020 | +48.8% |
GRID in the news
GRID Dividends
- 0.78%
- $1.43
- $0.76 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.76 |
| Mar 26, 2026 | Mar 31, 2026 | $0.10 |
| Dec 12, 2025 | Dec 31, 2025 | $0.34 |
| Sep 25, 2025 | Sep 30, 2025 | $0.24 |
| Jun 26, 2025 | Jun 30, 2025 | $0.83 |
| Mar 27, 2025 | Mar 31, 2025 | $0.14 |
| Dec 13, 2024 | Dec 31, 2024 | $0.27 |
| Sep 26, 2024 | Sep 30, 2024 | $0.25 |
| Jun 27, 2024 | Jun 28, 2024 | $0.64 |
| Mar 21, 2024 | Mar 28, 2024 | $0.10 |
| Dec 22, 2023 | Dec 29, 2023 | $0.35 |
| Sep 22, 2023 | Sep 29, 2023 | $0.16 |
GRID Risk
- 20.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.86
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −29.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GRID Cost
0.56%
GRID0.56%
- The middle half of Grid & Electrification funds
- Median 0.53%
5 of the 10 Grid & Electrification funds charge less.