First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) Alternatives
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) belongs to the Alternative Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GRID. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to GRID
GRID charges 0.70% annually. Among ETFs in the Alternative Energy Equities category, these options have the lowest expense ratios among GRID alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | 0.20% | Apr 8, 2021 | GRID vs LCTD | |
| Fidelity Clean Energy ETF | 0.39% | Oct 5, 2021 | GRID vs FRNW | |
| Direxion Hydrogen ETF | 0.45% | Mar 25, 2021 | GRID vs HJEN | |
| SPDR S&P Kensho Clean Power ETF | 0.45% | Oct 22, 2018 | GRID vs CNRG | |
| iShares Global Clean Energy ETF | 0.46% | Jun 24, 2008 | GRID vs ICLN |
Best Risk-Adjusted Alternatives to GRID
Among ETFs in the Alternative Energy Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| First Trust Global Wind Energy ETF | 97 | Jun 16, 2008 | GRID vs FAN | |
| Fidelity Clean Energy ETF | 97 | Oct 5, 2021 | GRID vs FRNW | |
| Invesco Global Clean Energy ETF | 97 | Jun 13, 2007 | GRID vs PBD | |
| Global X Funds Global X Renewable Energy Producers... | 97 | May 28, 2015 | GRID vs RNRG | |
| iShares Global Clean Energy ETF | 95 | Jun 24, 2008 | GRID vs ICLN |
Top Performing GRID Alternatives (YTD)
GRID alternatives from the Alternative Energy Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| First Trust Global Wind Energy ETF | 20.86% | Jun 16, 2008 | GRID vs FAN | |
| iShares Energy Storage & Materials ETF | 18.93% | Mar 19, 2024 | GRID vs IBAT | |
| Global X Hydrogen ETF | 14.01% | Jul 12, 2021 | GRID vs HYDR | |
| Fidelity Clean Energy ETF | 13.86% | Oct 5, 2021 | GRID vs FRNW | |
| Invesco Solar ETF | 13.42% | Apr 15, 2008 | GRID vs TAN |
Lowest Volatility Alternatives to GRID
GRID alternatives from the Alternative Energy Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Global X Solar ETF | 0.00% | Sep 8, 2021 | GRID vs RAYS | |
| BlackRock World ex U.S. Carbon Transition Readines... | 17.08% | Apr 8, 2021 | GRID vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | 18.73% | May 28, 2015 | GRID vs RNRG | |
| Invesco MSCI Sustainable Future ETF | 20.47% | Oct 24, 2006 | GRID vs ERTH | |
| First Trust Global Wind Energy ETF | 21.50% | Jun 16, 2008 | GRID vs FAN |
Lowest Drawdown Alternatives to GRID
GRID alternatives from the Alternative Energy Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Global X Funds Global X Renewable Energy Producers... | -9.94% | May 28, 2015 | GRID vs RNRG | |
| First Trust Global Wind Energy ETF | -10.66% | Jun 16, 2008 | GRID vs FAN | |
| BlackRock World ex U.S. Carbon Transition Readines... | -10.92% | Apr 8, 2021 | GRID vs LCTD | |
| iShares Global Clean Energy ETF | -11.22% | Jun 24, 2008 | GRID vs ICLN | |
| Fidelity Clean Energy ETF | -11.58% | Oct 5, 2021 | GRID vs FRNW |
Other ETFs from First Trust
Most popular First Trust ETFs on PortfoliosLab, across asset classes.
Often Compared With GRID
What investors most often compare with GRID, based on PortfoliosLab usage data.
Compare GRID with Any Fund or Stock
Compare GRID with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.