First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
$179.25+0.55 (+0.31%)
- 0.56%
- $12.2B
- +20.6%
- 0.87%
- 0.6M sh
- $180.47
- low $144.62high $199.99
The ETF.net GRID Grade
B
Score 58 out of 100
- 3 of 10
Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C46 out of 100Rank 6 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B61 out of 100Rank 4 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A76 out of 100Rank 3 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 6 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A95 out of 100Rank 1 of 10
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
- 128
- 58%
- PWR
Sectors
- Industrials68.2%
- Utilities17.6%
- Technology11.7%
- Consumer Discretionary2.3%
- Materials0.2%
Geography
- United States26.74%
- Ireland17.09%
- Switzerland9.12%
- France8.55%
- United Kingdom6.98%
- Germany6.33%
- Italy6.04%
- Brazil3.89%
- 15.24%
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$12,057
Returns run to the Oct 12, 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 | +17.6% |
| 1 month | −1.0% |
| 3 months | −3.1% |
| 1 year | +20.6% |
| 3 years | +25.3% |
| 5 years | +15.0% |
| 10 years | +17.9% |
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 | +17.6% | |
| 2025 | +29.7% | |
| 2024 | +15.2% | |
| 2023 | +21.6% | |
| 2022 | −13.9% | |
| 2021 | +27.6% | |
| 2020 | +48.8% |
GRID in the news
GRID Dividends
- 0.87%
- $1.55
- $0.35 per share
- Quarterly
Distribution history
GRID Risk
- 20.0%
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.
- 0.99
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.
Other funds in Grid & Electrification
- BZAPGlobal X - U.S. Electrification ETFExpense ratio 0.50%1 year return +7.5%
- BELFYALPS Electrification Infrastructure ETFExpense ratio 0.50%1 year return +11.3%
- CGASZCorgi ETF Trust I - Corgi Natural Gas Power & Turbines ETFExpense ratio 0.35%1 year return —
- CJOULCorgi ETF Trust I - Corgi High Voltage Grid Equipment ETFExpense ratio 0.35%1 year return —
- CKWHGMO Power Infrastructure ETFExpense ratio 0.60%1 year return —