First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
Market cap $1.87B

126.40 USD

+0.92

0.73%

At close Oct 17, 4:00 PM EDT

1 day

0.73%

5 days

0.93%

1 month

2.41%

3 months

5.55%

6 months

15.15%

Year to date

22.10%

1 year

35.64%

5 years

150.84%

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

392% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 12

85% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 48

34% more capital invested

Capital invested by funds: $583M [Q1] → $783M (+$200M) [Q2]

33% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]

25% more funds holding

Funds holding: 186 [Q1] → 233 (+47) [Q2]

3.82% less ownership

Funds ownership: 58.41% [Q1] → 54.6% (-3.82%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for GRID.

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Financial journalist opinion

Disruptive Theme of the Week: Top ETF Themes Through Q3 2024

As we face the last quarter of 2024, interest rates are finally heading down, kicked off by a 50 basis point Fed cut, the election race is too close to call, and global geopolitical instability remains a risk factor.

Disruptive Theme of the Week: Top ETF Themes Through Q3 2024

GRID: Investors Are Finally Taking Electrification Seriously

The GRID ETF has outperformed the S&P500 by ~60% over the past 5-years, driven by electrical equipment, clean-tech, and smart grid infrastructure investments. Top holdings like Eaton Corp and Johnson Controls are well-positioned to benefit from growing electricity demand, AI-centric data centers, and clean energy projects. Despite a relatively high expense fee, GRID's long-term performance and significant discount to the S&P500 justify a BUY rating.

GRID: Investors Are Finally Taking Electrification Seriously

Zacks Investment Research

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?

Launched on 11/16/2009, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) is a passively managed exchange traded fund designed to provide a broad exposure to the Utilities - Infrastructure segment of the equity market.

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?

Disruptive Theme of the Week: Where's The Juice?

The “juice” in the article title does not refer to orange juice futures like in the classic film “Trading Places,” but electricity. Reuters recently reported that at the power auction for the U.S.'s largest electrical grid operator, PJM Interconnection, prices soared 800% from $269.92 megawatts per day from $28.

Disruptive Theme of the Week: Where's The Juice?

IFRA: U.S. Infrastructure Is A Solid Bet, Just Not This ETF

Positive factors impacting the outlook for U.S. infrastructure ETFs are strong demand for U.S. infrastructure improvement and bipartisan support for government funding.

IFRA: U.S. Infrastructure Is A Solid Bet, Just Not This ETF

Zacks Investment Research

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?

Looking for broad exposure to the Utilities - Infrastructure segment of the equity market? You should consider the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID), a passively managed exchange traded fund launched on 11/16/2009.

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?

Invest In The Global Electric Energy Infrastructure Buildup With GRID

GRID invests in companies within the electric infrastructure sector, with a focus on smart grid features and clean energy. GRID has strong growth prospects due to the surge in electricity demand and production from clean energy, EVs, and AI data centers. The fund has a reasonable valuation compared to the S&P 500 and offers a solid combination of growth prospects and valuation.

Invest In The Global Electric Energy Infrastructure Buildup With GRID

Renewable Energy ETFs Ride Wave of AI Optimism

Renewable energy ETFs are making a comeback after a dismal showing in the first half of the year. And much of the gains have been fueled by an unlikely source – the rising tide of bullishness over artificial intelligence.

Renewable Energy ETFs Ride Wave of AI Optimism

GRID: A Powerful Rally, But Be Mindful Of Valuation And Concentration

Infrastructure funds experience the largest net inflow since June 2022 as copper prices rise and AI theme enters Utilities sector. GRID's price-to-earnings ratio is lofty, while its technical situation is robust. With a hold rating on this global cyclical ETF, I highlight key price levels to monitor as a bullish seasonal stretch continues.

GRID: A Powerful Rally, But Be Mindful Of Valuation And Concentration

Zacks Investment Research

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?

Launched on 11/16/2009, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) is a passively managed exchange traded fund designed to provide a broad exposure to the Utilities - Infrastructure segment of the equity market.

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?

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