First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID)
GRID is a passive ETF by First Trust tracking the investment results of the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index. GRID launched on Nov 17, 2009 and has a 0.70% expense ratio.
ETF Info
| ISIN | US33737A1088 |
|---|---|
| CUSIP | 33737A108 |
| Issuer | First Trust |
| Inception Date | Nov 17, 2009 |
| Region | Developed Markets (Broad) |
| Category | Alternative Energy Equities |
| Index Tracked | NASDAQ OMX Clean Edge Smart Grid Infrastructure Index |
| Home Page | www.ftportfolios.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
GRID features an expense ratio of 0.70%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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.
Returns By Period
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index had a return of 12.34% year-to-date (YTD) and 10.25% in the last 12 months. Over the past 10 years, First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index had an annualized return of 14.03%, outperforming the S&P 500 benchmark which had an annualized return of 10.64%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 12.34% | 13.78% |
| 1 month | -0.70% | -0.38% |
| 6 months | 17.40% | 11.47% |
| 1 year | 10.25% | 18.82% |
| 5 years (annualized) | 20.68% | 12.44% |
| 10 years (annualized) | 14.03% | 10.64% |
Monthly Returns
The table below presents the monthly returns of GRID, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.45% | 8.76% | 5.42% | -1.83% | 6.51% | -3.02% | 12.34% | ||||||
| 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% |
| 2020 | -1.69% | 0.75% | -21.14% | 14.79% | 8.05% | 3.62% | 5.67% | 11.56% | -2.25% | 1.45% | 17.92% | 7.55% | 48.84% |
| 2019 | 13.53% | 2.45% | -3.74% | 5.93% | -6.23% | 12.21% | 1.53% | -2.48% | 4.19% | 3.34% | 2.66% | 4.56% | 42.80% |
| 2018 | 3.01% | -3.65% | -1.65% | -1.68% | 4.48% | -3.93% | 2.48% | 0.05% | -4.67% | -11.27% | 0.84% | -8.24% | -22.70% |
| 2017 | 0.74% | -0.49% | 3.19% | 3.06% | -0.20% | 2.02% | 4.81% | 1.97% | 5.60% | 3.24% | -1.36% | 2.16% | 27.44% |
| 2016 | -8.46% | 2.50% | 10.92% | 4.60% | 0.56% | -3.72% | 7.48% | 0.52% | 5.11% | -4.59% | 5.95% | 1.41% | 22.69% |
| 2015 | -4.91% | 5.43% | 1.31% | 1.27% | 0.54% | -2.55% | -3.97% | -3.96% | -3.84% | 4.31% | 0.32% | 1.04% | -5.50% |
| 2014 | 2.16% | 6.07% | 0.02% | -2.08% | -2.29% | 1.99% | -5.58% | 4.71% | -4.72% | 1.47% | -0.94% | 0.37% | 0.52% |
| 2013 | 7.77% | 2.96% | -1.34% | 1.28% | 1.98% | -4.37% | 6.11% | -2.20% | 4.60% | 7.21% | -0.14% | -0.34% | 25.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GRID is 33, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index granted a 1.07% dividend yield in the last twelve months. The annual payout for that period amounted to $1.25 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.25 | $1.29 | $1.10 | $0.65 | $0.55 | $0.69 | $0.50 | $0.55 | $0.44 | $0.41 | $0.52 | $0.49 |
Dividend yield | 1.07% | 1.23% | 1.26% | 0.63% | 0.68% | 1.26% | 1.28% | 1.07% | 1.07% | 1.23% | 1.46% | 1.35% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.64 | $0.00 | $0.74 | |||||
| 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 |
| 2020 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.15 | $0.55 |
| 2019 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.08 | $0.69 |
| 2018 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.01 | $0.50 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.55 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.44 |
| 2015 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.41 |
| 2014 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.03 | $0.52 |
| 2013 | $0.02 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
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 40.55%, occurring on Mar 18, 2020. Recovery took 97 trading sessions.
The current First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index drawdown is 5.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.55% | Feb 21, 2020 | 19 | Mar 18, 2020 | 97 | Aug 5, 2020 | 116 |
| -35.41% | Apr 5, 2011 | 158 | Nov 25, 2011 | 414 | Sep 24, 2013 | 572 |
| -29.66% | Jan 29, 2018 | 229 | Dec 24, 2018 | 217 | Nov 4, 2019 | 446 |
| -29.64% | Nov 22, 2021 | 226 | Oct 14, 2022 | 165 | Jun 13, 2023 | 391 |
| -26.65% | Mar 7, 2014 | 423 | Feb 11, 2016 | 112 | Aug 16, 2016 | 535 |
Volatility
Volatility Chart
The current First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index volatility is 5.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.