- ISIN
- US33737A1088
- CUSIP
- 33737A108
- Issuer
- First Trust
- Inception Date
- Nov 17, 2009
- Region
- Developed Markets (Broad)
- Category
- Alternative Energy Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Nasdaq Clean Edge Smart Grid Infrastructure Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $11B
Share Price Chart
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Performance
GRID Performance Chart
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) is up 22.7% since the beginning of the year. GRID is currently trading at $188 per share. Investors who bought $1,000 worth of GRID shares 5 years ago would now be looking at an investment worth $2,162.
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Returns By Period
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) has returned 22.65% so far this year and 44.27% over the past 12 months.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
- 1D
- -4.79%
- 1M
- -5.14%
- YTD
- 22.65%
- 6M
- 22.49%
- 1Y
- 44.27%
- 3Y*
- 24.27%
- 5Y*
- 16.67%
- 10Y*
- 19.01%
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GRID Monthly Returns History
Based on dividend-adjusted daily data since Nov 17, 2009, GRID's average daily return is +0.06%, while the average monthly return is +1.18%. At this rate, an investment would double in approximately 4.9 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +17.9%, while the worst month was Mar 2020 at -21.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.
On a daily basis, GRID closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +11.0%, while the worst single day was Mar 12, 2020 at -13.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.74% | 7.87% | -7.97% | 16.76% | 1.09% | -2.85% | 22.65% | ||||||
| 2025 | 1.17% | -2.80% | -3.49% | 4.85% | 9.53% | 7.66% | 2.30% | 0.48% | 5.89% | 3.98% | -2.81% | 0.44% | 29.65% |
| 2024 | -4.45% | 8.76% | 5.42% | -1.83% | 6.51% | -3.02% | 3.14% | 2.34% | 4.51% | -4.39% | 3.58% | -5.10% | 15.18% |
| 2023 | 9.23% | -0.92% | 3.53% | -0.91% | 1.67% | 7.57% | 0.58% | -4.55% | -6.81% | -7.82% | 11.75% | 8.63% | 21.57% |
| 2022 | -10.03% | -1.95% | 4.00% | -9.54% | 1.45% | -9.67% | 15.20% | -6.31% | -9.80% | 10.49% | 12.20% | -6.18% | -13.89% |
| 2021 | 0.27% | 4.53% | 1.71% | 1.84% | 3.20% | 2.49% | 4.17% | 2.62% | -6.24% | 10.00% | -0.75% | 1.58% | 27.65% |
Benchmark Metrics
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has an annualized alpha of 9.63%, beta of 1.33, and R2 of 0.65 versus S&P 500 Index. Calculated based on daily prices since November 18, 2009.
- This ETF captured 140.87% of S&P 500 Index gains but only 39.33% of its losses - a favorable profile for investors.
- This ETF generated an annualized alpha of 9.63% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 9.63%
- Beta
- 1.33
- R²
- 0.65
- Upside Capture
- 140.87%
- Downside Capture
- 39.33%
Expense Ratio
GRID has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
GRID ranks 76 for risk / return — better than 76% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) and compare them to S&P 500 Index.
| GRID | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.38 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | — | — |
| Martin ratioReturn relative to average drawdown | 14.24 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund provided a 0.80% dividend yield over the last twelve months, with an annual payout of $1.51 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.51 | $1.55 | $1.26 | $1.29 | $1.10 | $0.65 | $0.55 | $0.69 | $0.50 | $0.55 | $0.44 | $0.41 |
Dividend yield | 0.80% | 1.01% | 1.06% | 1.23% | 1.26% | 0.63% | 0.68% | 1.26% | 1.28% | 1.07% | 1.07% | 1.23% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.10 | ||||||
| 2025 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.83 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.34 | $1.55 |
| 2024 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.27 | $1.26 |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.35 | $1.29 |
| 2022 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $1.10 |
| 2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.04 | $0.65 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund was 40.56%, occurring on Mar 18, 2020. Recovery took 97 trading sessions.
The current First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund drawdown is 6.13%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -40.56%Mar 2020 | 26d | 4mo 20d | 5mo 16dFeb 2020 - Aug 2020 |
2011 bear market2011 | -35.41%Nov 2011 | 7mo 24d | 1y 10mo | 2y 5moApr 2011 - Sep 2013 |
Rate-hike selloffLate 2018 | -29.66%Dec 2018 | 10mo 29d | 10mo 15d | 1y 9moJan 2018 - Nov 2019 |
Bear market2022 | -29.64%Oct 2022 | 10mo 26d | 8mo 2d | 1y 6moNov 2021 - Jun 2023 |
2016 bear market2016 | -26.66%Feb 2016 | 1y 11mo | 6mo 7d | 2y 5moMar 2014 - Aug 2016 |
Drawdown Indicators
| GRID | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.56% | -9.10% | -31.46% |
Max Drawdown (1Y)Largest decline over 1 year | -11.73% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | — | — |
Current DrawdownCurrent decline from peak | -6.13% | -2.97% | -3.16% |
Average DrawdownAverage peak-to-trough decline | -8.43% | -1.13% | -7.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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