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First Trust Nasdaq Clean Edge Smart GRID Infrastru...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS33737A1088
CUSIP33737A108
IssuerFirst Trust
Inception DateNov 17, 2009
RegionDeveloped Markets (Broad)
CategoryAlternative Energy Equities
Index TrackedNASDAQ OMX Clean Edge Smart Grid Infrastructure Index
Home Pagewww.ftportfolios.com
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

GRID has a high expense ratio of 0.70%, indicating higher-than-average management fees.


Expense ratio chart for GRID: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index

Popular comparisons: GRID vs. QCLN, GRID vs. ICLN, GRID vs. QTUM, GRID vs. FXH, GRID vs. FIW, GRID vs. ACES, GRID vs. VOO, GRID vs. SPY, GRID vs. DRIV, GRID vs. QQQ

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.


0.00%5.00%10.00%15.00%20.00%2024FebruaryMarchAprilMayJune
18.24%
14.20%
GRID (First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index)
Benchmark (^GSPC)

S&P 500

Returns By Period

First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index had a return of 13.30% year-to-date (YTD) and 16.24% in the last 12 months. Over the past 10 years, First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index had an annualized return of 14.19%, outperforming the S&P 500 benchmark which had an annualized return of 10.86%.


PeriodReturnBenchmark
Year-To-Date13.30%13.65%
1 month0.16%3.82%
6 months20.03%15.17%
1 year16.24%24.08%
5 years (annualized)22.04%13.46%
10 years (annualized)14.19%10.86%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-4.45%8.76%5.42%-1.83%6.51%13.30%
20239.23%-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%
20210.27%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%
201913.53%2.45%-3.74%5.93%-6.23%12.21%1.53%-2.48%4.19%3.34%2.66%4.56%42.80%
20183.01%-3.65%-1.65%-1.68%4.48%-3.93%2.48%0.05%-4.67%-11.27%0.84%-8.24%-22.70%
20170.74%-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%0.31%1.04%-5.50%
20142.16%6.07%0.02%-2.08%-2.29%1.99%-5.58%4.71%-4.72%1.47%-0.94%0.37%0.52%
20137.77%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 50, 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.


The Risk-Adjusted Performance Rank of GRID is 5050
GRID (First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index)
The Sharpe Ratio Rank of GRID is 5353Sharpe Ratio Rank
The Sortino Ratio Rank of GRID is 5252Sortino Ratio Rank
The Omega Ratio Rank of GRID is 5252Omega Ratio Rank
The Calmar Ratio Rank of GRID is 5353Calmar Ratio Rank
The Martin Ratio Rank of GRID is 3737Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


GRID
Sharpe ratio
The chart of Sharpe ratio for GRID, currently valued at 1.10, compared to the broader market0.002.004.006.001.10
Sortino ratio
The chart of Sortino ratio for GRID, currently valued at 1.61, compared to the broader market0.005.0010.001.61
Omega ratio
The chart of Omega ratio for GRID, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.20
Calmar ratio
The chart of Calmar ratio for GRID, currently valued at 0.84, compared to the broader market0.005.0010.0015.000.84
Martin ratio
The chart of Martin ratio for GRID, currently valued at 2.21, compared to the broader market0.0020.0040.0060.0080.00100.002.22
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.20, compared to the broader market0.002.004.006.002.20
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.12, compared to the broader market0.005.0010.003.12
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.39
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.76, compared to the broader market0.005.0010.0015.001.76
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.26, compared to the broader market0.0020.0040.0060.0080.00100.008.26

Sharpe Ratio

The current First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index Sharpe ratio is 1.10. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.002024FebruaryMarchAprilMayJune
1.10
2.21
GRID (First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index granted a 1.11% dividend yield in the last twelve months. The annual payout for that period amounted to $1.31 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.31$1.29$1.10$0.65$0.55$0.69$0.50$0.55$0.44$0.41$0.52$0.49

Dividend yield

1.11%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.10$0.00$0.00$0.00$0.10
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.


-8.00%-6.00%-4.00%-2.00%0.00%2024FebruaryMarchAprilMayJune
-2.60%
0
GRID (First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index)
Benchmark (^GSPC)

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 2.60%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.55%Feb 21, 202019Mar 18, 202097Aug 5, 2020116
-35.41%Apr 5, 2011158Nov 25, 2011414Sep 24, 2013572
-29.66%Jan 29, 2018229Dec 24, 2018217Nov 4, 2019446
-29.64%Nov 22, 2021226Oct 14, 2022165Jun 13, 2023391
-26.65%Mar 7, 2014423Feb 11, 2016112Aug 16, 2016535

Volatility

Volatility Chart

The current First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index volatility is 4.49%, 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.


2.00%3.00%4.00%5.00%2024FebruaryMarchAprilMayJune
4.49%
2.41%
GRID (First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index)
Benchmark (^GSPC)