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

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The chart shows the growth of an initial investment of $10,000 in First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) has returned 6.96% so far this year and 46.12% over the past 12 months. Looking at the last ten years, GRID has achieved an annualized return of 18.08%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Nov 17, 2009, GRID's average daily return is +0.06%, while the average monthly return is +1.12%. At this rate, your investment would double in approximately 5.2 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%.

First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index has an annualized alpha of 1.33%, beta of 1.04, and R² of 0.60 versus S&P 500 Index. Calculated based on daily prices since November 18, 2009.

• This ETF captured 115.99% of S&P 500 Index gains and 114.22% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• With beta of 1.04 and R² of 0.60, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

GRID has an expense ratio of 0.70%, placing it in the medium range.

GRID ranks 93 for risk / return — in the top 93% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) and compare them to a chosen benchmark (S&P 500 Index).

First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index provided a 0.92% dividend yield over the last twelve months, with an annual payout of $1.51 per share.

The table displays the monthly dividend distributions for First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index. 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 was 40.56%, occurring on Mar 18, 2020. Recovery took 97 trading sessions.

The current First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index drawdown is 8.37%.

The chart below shows the rolling one-month volatility.