First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID)
| Assets | $2.04B |
| Expense Ratio | 0.57% |
| PE Ratio | 22.88 |
| Shares Out | 17.05M |
| Dividend (ttm) | $1.26 |
| Dividend Yield | 1.05% |
| Ex-Dividend Date | Dec 13, 2024 |
| Payout Ratio | 24.00% |
| 1-Year Return | +16.15% |
| Volume | 106,118 |
| Open | 118.70 |
| Previous Close | 119.35 |
| Day's Range | 118.65 - 121.45 |
| 52-Week Low | 98.28 |
| 52-Week High | 129.02 |
| Beta | 1.24 |
| Holdings | 110 |
| Inception Date | Nov 17, 2009 |
About GRID
Fund Home PageThe First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global equities in the smart grid and electrical energy infrastructure sector. GRID was launched on Nov 17, 2009 and is issued by First Trust.
Top 10 Holdings
59.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Eaton Corporation plc | ETN | 8.94% |
| Johnson Controls International plc | JCI | 8.75% |
| Schneider Electric S.E. | SU | 8.02% |
| ABB Ltd | ABBN | 7.73% |
| National Grid plc | NG | 7.17% |
| Quanta Services, Inc. | PWR | 4.79% |
| Tesla, Inc. | TSLA | 4.16% |
| Hubbell Incorporated | HUBB | 4.05% |
| Prysmian S.p.A. | PRY | 3.33% |
| Aptiv PLC | APTV | 2.26% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.273 | n/a |
| Sep 26, 2024 | $0.251 | Sep 30, 2024 |
| Jun 27, 2024 | $0.638 | Jun 28, 2024 |
| Mar 21, 2024 | $0.102 | Mar 28, 2024 |
| Dec 22, 2023 | $0.355 | Dec 29, 2023 |
| Sep 22, 2023 | $0.159 | Sep 29, 2023 |
News
GRID: AI And Data Center Demand Fuel The Rally (Upgrade)
I upgraded GRID from hold to buy due to its improved valuation relative to the S&P 500 and strong technical momentum. Despite high ex-US exposure and a strong US dollar weighing on performance, GRID's...
Disruptive Theme of the Week: How to Power Your Data Center
While the promise of technologies like artificial intelligence, machine learning, cloud computing, and cryptocurrency are groundbreaking, powering the data centers to support them has become increasin...
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 ...
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.
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 p...
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 situatio...
GRID: A Smart Choice For Taking Advantage Of Clean Infrastructure Growth
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund is a buy due to strong performance, expected growth in renewable energy infrastructure, and potential of its European holdings. The g...
GRID: A Good Theme But No Real Outperformance (Yet)
First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund ETF provides investment opportunities in companies involved in the electric grid and smart grid infrastructure sector. The GRID ETF...
GRID: Excellent Smart Grid ETF For The Global Electrification Theme
GRID: Excellent Smart Grid ETF For The Global Electrification Theme
Stationary Energy Storage Is Set For Insane Growth - How To Invest Into This Boom
Stationary energy storage is booming, led by Tesla. Global stationary energy storage is forecast to double in 2023. Tesla Master Plan 3 says the world will need ~120 TWh of stationary energy storage f...
GRID: Smart Grid Captures Themes In Clean Energy And Disruptive Technology
The Smart Grid represents the modernization of electrical power networks by incorporating new technologies. First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund ETF has outperformed pe...
GRID: Investment Theme For The Next Decade
GRID provides exposure to companies that are engaged and involved in the electric grid, electric meters, and devices, networks, energy storage and management, and related software used by the smart gr...
3 Reasons Why Clean Energy Is At A Tipping Point
Russia's invasion of Ukraine is a stark reminder of the challenges to achieving a just and orderly energy transition. Clean power is now significantly more affordable than fossil fuel energy.
GRID: A Smart-Grid ETF For Your Portfolio
The GRID ETF is down 6.7% over the past 12 months, which is ~5% worse than the S&P 500. Yet over the past 3 years, GRID is up 30% more than the S&P 500. GRID is not some high-flying ETF full of small ...
Sustainable Investing: 4 Earth Day ETFs targeting clean water, wind, the smart grid — and one that has them all
For some investment advisers and stock-pickers, so-called green investing is far from just a feel-good move.
GRID: This ETF Is For Another Day
GRID is heavily oriented towards stocks in the US.
ESG inflows pace for best quarter, year ever. Unpacking the action
Armando Senra, BlackRock's head of iShares Americas, Salvatore Bruno, chief investment officer at IndexIQ, and Todd Rosenbluth, senior director of ETF and mutual fund research at CFRA, discuss the ris...
Energy Storage Is Now Booming As The World Moves Faster To Renewable Energy
BNEF forecasts a 122x increase in global energy storage from 2018 to 2040. WoodMac: Global energy storage capacity is expected to grow at a CAGR of 31% through 2030. The March 2, 2021, CLEAN Future Ac...
GRID: The Clean Edge Smart Grid Infrastructure ETF Can Power Your Portfolio
The GRID ETF sure powered-up investor portfolios over the last 12 months - it's up 99%. However, GRID has been relatively range-bound since the first week of January. It could be forming a base before...
Best Impact Investing ETFs for Q2 2021
The best impact investing ETFs for Q2 2021 are FAN, AIA, and GRID.
