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ESIS.L vs. GRID
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ESIS.L vs. GRID

Last updated Jun 5, 2026

ESIS.L (iShares MSCI Europe Consumer Staples Sector UCITS ETF EUR (Acc)) and GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) are both exchange-traded funds - ESIS.L is a Consumer Staples Equities fund tracking the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while GRID is a Alternative Energy Equities fund tracking the Nasdaq Clean Edge Smart Grid Infrastructure Index. Both are passively managed. Over the past 5 years, ESIS.L returned 0.80%/yr vs 19.10%/yr for GRID. At a 0.21 correlation, their price movements are largely independent. ESIS.L charges 0.18%/yr vs 0.70%/yr for GRID.

Performance

ESIS.L vs. GRID - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI Europe Consumer Staples Sector UCITS ETF EUR (Acc) (ESIS.L) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

ESIS.L is traded in GBP, while GRID is traded in USD. To make them comparable, the GRID values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, ESIS.L achieves a -2.90% return, which is significantly lower than GRID's 29.34% return.

ESIS.L

1D
-0.53%
1M
-0.85%
YTD
-2.90%
6M
-2.91%
1Y
-2.62%
3Y*
-0.37%
5Y*
0.80%
10Y*
—

GRID

1D
-0.07%
1M
2.75%
YTD
29.34%
6M
27.51%
1Y
52.06%
3Y*
23.39%
5Y*
19.10%
10Y*
20.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ESIS.L vs. GRID - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
ESIS.L
iShares MSCI Europe Consumer Staples Sector UCITS ETF EUR (Acc)		-2.90%12.15%-6.75%-1.03%-2.95%12.22%2.78%
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund		29.34%20.42%17.20%15.50%-3.65%28.86%6.21%

Correlation

The correlation between ESIS.L and GRID is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.02

Correlation (3Y)
Calculated over the trailing 3-year period

0.12

Correlation (5Y)
Calculated over the trailing 5-year period

0.21

Correlation (All Time)
Calculated using the full available price history since Nov 24, 2020

0.21

The correlation between ESIS.L and GRID shifts across timeframes, from 0.02 (1 year) to 0.21 (5 years), reflecting how their relationship changes across market environments.

ESIS.L vs. GRID - Sectors Allocation Comparison

Sectors
ESIS.L
GRID

Consumer Defensive

99.2%

-

Consumer Cyclical

0.8%
3.5%

Basic Materials

-

0.0%

Communication Services

-

-

Energy

-

-

Financial Services

-

-

Healthcare

-

-

Industrials

-

65.2%

Real Estate

-

-

Technology

-

11.0%

Utilities

-

20.4%

Consumer Defensive

ESIS.L
99.2%
GRID

-

Consumer Cyclical

ESIS.L
0.8%
GRID
3.5%

Basic Materials

ESIS.L

-

GRID
0.0%

Communication Services

ESIS.L

-

GRID

-

Energy

ESIS.L

-

GRID

-

Financial Services

ESIS.L

-

GRID

-

Healthcare

ESIS.L

-

GRID

-

Industrials

ESIS.L

-

GRID
65.2%

Real Estate

ESIS.L

-

GRID

-

Technology

ESIS.L

-

GRID
11.0%

Utilities

ESIS.L

-

GRID
20.4%

Compare stocks, funds, or ETFs

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

iShares MSCI Europe Consumer Staples Sector UCITS ETF EUR (Acc)

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Often compared with ESIS.L:
ESIS.L vs. XDEQ.LESIS.L vs. ESIC.LESIS.L vs. UTIL.LESIS.L vs. XLYS.LESIS.L vs. XSCS.LESIS.L vs. WCOS.LESIS.L vs. VJPU.L
Often compared with GRID:
GRID vs. ICLNGRID vs. NLRGRID vs. VOOGRID vs. FIWGRID vs. POWRGRID vs. VOLTGRID vs. QCLN

Return for Risk

ESIS.L vs. GRID — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ESIS.L
ESIS.L Risk / Return Rank: 77
Overall Rank
ESIS.L Sharpe Ratio Rank: 77
Sharpe Ratio Rank
ESIS.L Sortino Ratio Rank: 77
Sortino Ratio Rank
ESIS.L Omega Ratio Rank: 77
Omega Ratio Rank
ESIS.L Calmar Ratio Rank: 77
Calmar Ratio Rank
ESIS.L Martin Ratio Rank: 77
Martin Ratio Rank
GRID
GRID Risk / Return Rank: 8080
Overall Rank
GRID Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
GRID Sortino Ratio Rank: 7878
Sortino Ratio Rank
GRID Omega Ratio Rank: 7676
Omega Ratio Rank
GRID Calmar Ratio Rank: 8383
Calmar Ratio Rank
GRID Martin Ratio Rank: 8282
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ESIS.L vs. GRID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Consumer Staples Sector UCITS ETF EUR (Acc) (ESIS.L) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

ESIS.LGRIDDifference
Sharpe ratioReturn per unit of total volatility
-0.19
2.99

-3.18

Sortino ratioReturn per unit of downside risk
-0.18
3.80

-3.98

Omega ratioGain probability vs. loss probability

0.98

1.51

-0.53

Calmar ratioReturn relative to maximum drawdown

-0.19

5.42

-5.61

Martin ratioReturn relative to average drawdown

-0.43

17.61

-18.04

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESIS.L vs. GRID - Sharpe Ratio Comparison

The current ESIS.L Sharpe Ratio is -0.19, which is lower than the GRID Sharpe Ratio of 2.99. The chart below compares the historical Sharpe Ratios of ESIS.L and GRID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ESIS.LGRIDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.19

2.99

-3.18

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.06

1.03

-0.96

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.95

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.17

0.67

-0.50

Drawdowns

ESIS.L vs. GRID - Drawdown Comparison

The maximum ESIS.L drawdown since its inception was -17.71%, smaller than the maximum GRID drawdown of -34.09%. Use the drawdown chart below to compare losses from any high point for ESIS.L and GRID.

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Drawdown Indicators

ESIS.LGRIDDifference

Max Drawdown

Largest peak-to-trough decline

-17.71%

-34.09%

+16.38%

Max Drawdown (1Y)

Largest decline over 1 year

-13.78%

-9.65%

-4.13%

Max Drawdown (3Y)

Largest decline over 3 years

-13.78%

-22.93%

+9.15%

Max Drawdown (5Y)

Largest decline over 5 years

-17.71%

-22.93%

+5.22%

Max Drawdown (10Y)

Largest decline over 10 years

—

-34.09%

—

Current Drawdown

Current decline from peak

-12.86%

-0.29%

-12.57%

Average Drawdown

Average peak-to-trough decline

-7.44%

-6.98%

-0.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.04%

2.97%

+3.07%

Volatility

ESIS.L vs. GRID - Volatility Comparison

The current volatility for iShares MSCI Europe Consumer Staples Sector UCITS ETF EUR (Acc) (ESIS.L) is 4.54%, while First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) has a volatility of 7.12%. This indicates that ESIS.L experiences smaller price fluctuations and is considered to be less risky than GRID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ESIS.LGRIDDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.54%

7.12%

-2.58%

Volatility (6M)

Calculated over the trailing 6-month period

11.16%

14.24%

-3.08%

Volatility (1Y)

Calculated over the trailing 1-year period

13.58%

17.51%

-3.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.66%

18.71%

-6.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.67%

21.48%

-8.81%

ESIS.L vs. GRID - Expense Ratio Comparison

ESIS.L has a 0.18% expense ratio, which is lower than GRID's 0.70% expense ratio.

Dividends

ESIS.L vs. GRID - Dividend Comparison

ESIS.L has not paid dividends to shareholders, while GRID's dividend yield for the trailing twelve months is around 0.77%.

PositionTTM20252024202320222021202020192018201720162015
ESIS.L
iShares MSCI Europe Consumer Staples Sector UCITS ETF EUR (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund		0.77%1.01%1.06%1.23%1.26%0.63%0.68%1.26%1.28%1.07%1.07%1.23%

Frequently Asked Questions

ESIS.L and GRID have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ESIS.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ESIS.L is cheaper with a 0.18% expense ratio, compared with 0.70% for GRID.

ESIS.L is categorized as Consumer Staples Equities, while GRID is Alternative Energy Equities. ESIS.L tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while GRID tracks Nasdaq Clean Edge Smart Grid Infrastructure Index. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.18% for ESIS.L and 0.70% for GRID.

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