This unique produce from First Trust targets companies engaged in the ‘smart grid’ movement which seeks to upgrade America’s electricity grid with 21st century technologies. This process looks to transform the electric system to one that is more efficient and all around ‘smarter’ than the current grid, potentially benefiting consumers and utilities alike. Companies in this fund include those that areengaged and involved in maintaining and operating the electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid infrastructure sector. Due to the often specialized nature of many of the companies in this field, most do not find their way into other, broad utility ETFs such as XLU or UTH making GRID an interesting pick for those looking to ‘complete’ their exposure to the utility sector. However, with budget crises around the country, the amount of money that can go to smart grid projects here in the U.S. may be limited so many should look for high levels of volatility in these products both due to their small cap nature as well as the political uncertainty surrounding the field.
| Segment | Equity: Global Infrastructure |
| Category | Sector |
| Focus | Theme |
| Niche | Infrastructure |
| Strategy | Equal |
| Weighting Scheme | Tiered |
This section compares how balanced and deep this ETF is relative to its peers.
| GRID | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 101 | 77 | 96 |
| % of Assets in Top 10 | 56.54% | 46.23% | 40.63% |
| % of Assets in Top 15 | 66.64% | 59.33% | 52.23% |
| % of Assets in Top 50 | 95.02% | 91.86% | 88.74% |
| GRID | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 80.44% | 48.63% | 69.25% |
| Mid (>2.7B) | 14.24% | 24.56% | 25.71% |
| Small (>600M) | 2.46% | 21.24% | 4.01% |
| Micro (<600M) | 0.32% | 4.59% | 0.06% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| GRID | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.16 | $ 0.20 | $ 0.47 |
| Dividend Date | 2023-09-22 | N/A | N/A |
| Annual Dividend Rate | $ 1.21 | $ 0.37 | $ 1.12 |
| Annual Dividend Yield | 1.24% | 1.11% | 2.84% |
View charts featuring GRID price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -14.47 M 1 Month Net Flows: -221.13 M 3 Month Net Flows: -279.09 M 6 Month Net Flows: 47.32 M 1 Year Net Flows: 111.66 M 3 Year Net Flows: 48.68 M 5 Year Net Flows: 48.68 M 10 Year Net Flows: 48.68 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -6.36 MThe adjacent table gives investors an individual Realtime Rating for GRID on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Alternative Energy Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| GRID |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 13.16% | 11.15% | 9.93% |
| 3 Month Return | -2.79% | -8.36% | 1.66% |
| YTD Return | 13.32% | -11.81% | 4.10% |
| 1 Year Return | 6.60% | -17.80% | 0.16% |
| 3 Year Return | 10.24% | -4.13% | 3.47% |
| 5 Year Return | 19.42% | 4.21% | 4.69% |
The following charts reflect the geographic spread of GRID's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 54.0% |
| Europe | 38.65% |
| Asia Pacific | 6.88% |
| Other | 0.44% |
| Country | Percentage |
|---|---|
| United States | 26.76% |
| Ireland | 18.3% |
| France | 10.42% |
| United Kingdom | 10.18% |
| Switzerland | 9.04% |
| Italy | 4.84% |
| South Korea | 3.85% |
| Brazil | 3.84% |
| Canada | 2.12% |
| Spain | 2.0% |
| Germany | 1.94% |
| Japan | 1.4% |
| Taiwan | 1.39% |
| Israel | 0.88% |
| Belgium | 0.86% |
| Denmark | 0.69% |
| Other | 0.44% |
| Netherlands | 0.39% |
| Portugal | 0.29% |
| China | 0.24% |
| Austria | 0.1% |
The following charts reflect the allocation of GRID's underlying holdings.
| Sector | Percentage |
|---|---|
| Producer Manufacturing | 53.35% |
| Utilities | 18.93% |
| Electronic Technology | 13.46% |
| Industrial Services | 6.87% |
| Technology Services | 4.62% |
| Consumer Durables | 2.15% |
| CASH | 0.24% |
| Other | 0.2% |
| Distribution Services | 0.06% |
| Commercial Services | 0.05% |
| Non-Energy Minerals | 0.03% |
| Process Industries | 0.01% |
| Market Cap | Percentage |
|---|---|
| Large | 80.44% |
| Mid | 14.24% |
| Small | 2.46% |
| Micro | 0.32% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 97.18% |
| Unit | 2.12% |
| CASH | 0.24% |
| Other | 0.2% |
| Preferred Equity | 0.2% |
| American Depositary Receipt | 0.03% |
| Sector | Percentage |
|---|---|
| Producer Manufacturing | 53.35% |
| Utilities | 18.93% |
| Electronic Technology | 13.46% |
| Industrial Services | 6.87% |
| Technology Services | 4.62% |
| Consumer Durables | 2.15% |
| CASH | 0.24% |
| Other | 0.2% |
| Distribution Services | 0.06% |
| Commercial Services | 0.05% |
| Non-Energy Minerals | 0.03% |
| Process Industries | 0.01% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 99.13% |
| 20 Day Volatility | 14.04% |
| 50 Day Volatility | 18.82% |
| 200 Day Volatility | 16.41% |
| Beta | 1.25 |
| Standard Deviation | 5.17% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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