First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID)

NASDAQ: GRID · Real-Time Price · USD
125.48
-1.15 (-0.91%)
Oct 10, 2024, 4:00 PM EDT - Market closed
-0.91%
Assets $1.84B
Expense Ratio 0.57%
PE Ratio 31.50
Shares Out 14.65M
Dividend (ttm) $1.35
Dividend Yield 1.07%
Ex-Dividend Date Sep 26, 2024
Payout Ratio 33.84%
1-Year Return +34.83%
Volume 108,189
Open 125.91
Previous Close 126.63
Day's Range 124.76 - 125.91
52-Week Low 85.10
52-Week High 129.02
Beta 1.24
Holdings 112
Inception Date Nov 17, 2009

About GRID

Fund Home Page

The 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.

Asset Class Equity
Stock Exchange NASDAQ
Ticker Symbol GRID
ETF Provider First Trust
Index Tracked NASDAQ OMX Clean Edge Smart Grid Infrastr

Top 10 Holdings

57.30% of assets
Name Symbol Weight
Eaton Corporation plc ETN 8.49%
Johnson Controls International plc JCI 8.06%
Schneider Electric S.E. SU 8.02%
ABB Ltd ABBN 7.81%
National Grid plc NG 7.68%
Quanta Services, Inc. PWR 4.36%
Hubbell Incorporated HUBB 4.00%
Prysmian S.p.A. PRY 3.57%
Aptiv PLC APTV 2.97%
Samsung SDI Co., Ltd. 006400 2.35%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 26, 2024 $0.2512 Sep 30, 2024
Jun 27, 2024 $0.6379 Jun 28, 2024
Mar 21, 2024 $0.1018 Mar 28, 2024
Dec 22, 2023 $0.3549 Dec 29, 2023
Sep 22, 2023 $0.1589 Sep 29, 2023
Jun 27, 2023 $0.6984 Jun 30, 2023
Full Dividend History

News

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 remain...

7 days ago - ETF Trends

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 ...

17 days ago - Seeking Alpha

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.

Other symbols: GIIIFRAPAVE
2 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

10 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

GRID: Excellent Smart Grid ETF For The Global Electrification Theme

GRID: Excellent Smart Grid ETF For The Global Electrification Theme

1 year ago - Seeking Alpha

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...

Other symbols: AESBATTENRIONLGOLITNEE
1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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.

2 years ago - Seeking Alpha

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 ...

2 years ago - Seeking Alpha

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.

Other symbols: FANFIWQCLN
2 years ago - Market Watch

GRID: This ETF Is For Another Day

GRID is heavily oriented towards stocks in the US.

3 years ago - Seeking Alpha

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...

3 years ago - CNBC Television

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...

3 years ago - Seeking Alpha

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...

3 years ago - Seeking Alpha

Possible Infrastructure ETF Bonanza

Anticipated government spending could present opportunities for infrastructure investors.

Other symbols: IFRAIGFNFRAPAVETOLZ
3 years ago - ETFcom

Best Impact Investing ETFs for Q2 2021

The best impact investing ETFs for Q2 2021 are FAN, AIA, and GRID.

Other symbols: AIAFAN
3 years ago - Investopedia

Smart Time For Smart Grid ETFs?

Americans are spending more on electricity than gas. These ETFs may benefit.

4 years ago - ETFcom