PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FGSI vs. GRID
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FGSI vs. GRID

Last updated Jun 4, 2026

FGSI (First Trust Vest Growth Strength & Target Income ETF) and GRID (First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index) are both exchange-traded funds - FGSI is a Derivative Income fund actively managed by First Trust, while GRID is a Alternative Energy Equities fund tracking the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index. FGSI is actively managed, while GRID is passively managed. A 0.57 correlation means they provide meaningful diversification when combined. FGSI charges 0.85%/yr vs 0.70%/yr for GRID.

Performance

FGSI vs. GRID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Vest Growth Strength & Target Income ETF (FGSI) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, FGSI achieves a 4.99% return, which is significantly lower than GRID's 28.91% return.

FGSI

1D
-0.54%
1M
3.18%
YTD
4.99%
6M
5.04%
1Y
—
3Y*
—
5Y*
—
10Y*
—

GRID

1D
-0.17%
1M
3.85%
YTD
28.91%
6M
29.60%
1Y
51.55%
3Y*
26.27%
5Y*
17.84%
10Y*
19.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FGSI vs. GRID - Yearly Performance Comparison

2026 (YTD)2025
FGSI
First Trust Vest Growth Strength & Target Income ETF		4.99%4.53%
GRID
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index		28.91%12.10%

Correlation

The correlation between FGSI and GRID is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jun 27, 2025

0.57

FGSI vs. GRID - Sectors Allocation Comparison

Sectors
FGSI
GRID

Technology

30.5%
11.0%

Healthcare

17.6%

-

Financial Services

16.2%

-

Consumer Cyclical

13.6%
3.5%

Industrials

12.4%
65.2%

Communication Services

5.7%

-

Energy

4.8%

-

Consumer Defensive

2.0%

-

Basic Materials

1.9%
0.0%

Real Estate

-

-

Utilities

-

20.4%

Technology

FGSI
30.5%
GRID
11.0%

Healthcare

FGSI
17.6%
GRID

-

Financial Services

FGSI
16.2%
GRID

-

Consumer Cyclical

FGSI
13.6%
GRID
3.5%

Industrials

FGSI
12.4%
GRID
65.2%

Communication Services

FGSI
5.7%
GRID

-

Energy

FGSI
4.8%
GRID

-

Consumer Defensive

FGSI
2.0%
GRID

-

Basic Materials

FGSI
1.9%
GRID
0.0%

Real Estate

FGSI

-

GRID

-

Utilities

FGSI

-

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.

First Trust Vest Growth Strength & Target Income ETF

First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index

Often compared with FGSI:
FGSI vs. FAARFGSI vs. FDLFGSI vs. GOOYFGSI vs. YCSFGSI vs. AIRRFGSI vs. IBICFGSI vs. RBIL
Often compared with GRID:
GRID vs. ICLNGRID vs. NLRGRID vs. VOOGRID vs. FIWGRID vs. POWRGRID vs. VOLTGRID vs. QCLN

Return for Risk

FGSI vs. GRID — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FGSI
GRID
GRID Risk / Return Rank: 7979
Overall Rank
GRID Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
GRID Sortino Ratio Rank: 7676
Sortino Ratio Rank
GRID Omega Ratio Rank: 7474
Omega Ratio Rank
GRID Calmar Ratio Rank: 8282
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.

FGSI vs. GRID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Vest Growth Strength & Target Income ETF (FGSI) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FGSI vs. GRID - Sharpe Ratio Comparison

Loading charts...

Sharpe Ratios by Period

FGSIGRIDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

2.67

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.85

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.87

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.85

0.57

+0.27

Drawdowns

FGSI vs. GRID - Drawdown Comparison

The maximum FGSI drawdown since its inception was -8.25%, smaller than the maximum GRID drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for FGSI and GRID.

Loading charts...

Drawdown Indicators

FGSIGRIDDifference

Max Drawdown

Largest peak-to-trough decline

-8.25%

-40.56%

+32.31%

Max Drawdown (1Y)

Largest decline over 1 year

—

-11.73%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-20.77%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-29.64%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-40.56%

—

Current Drawdown

Current decline from peak

-1.50%

-1.33%

-0.17%

Average Drawdown

Average peak-to-trough decline

-1.91%

-8.43%

+6.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

3.09%

—

Volatility

FGSI vs. GRID - Volatility Comparison

Loading charts...

Volatility by Period

FGSIGRIDDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

7.95%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

16.08%

—

Volatility (1Y)

Calculated over the trailing 1-year period

12.43%

19.39%

-6.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.43%

21.00%

-8.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.43%

22.81%

-10.38%

FGSI vs. GRID - Expense Ratio Comparison

FGSI has a 0.85% expense ratio, which is higher than GRID's 0.70% expense ratio.

Dividends

FGSI vs. GRID - Dividend Comparison

FGSI's dividend yield for the trailing twelve months is around 7.57%, more than GRID's 0.77% yield.

PositionTTM20252024202320222021202020192018201720162015
FGSI
First Trust Vest Growth Strength & Target Income ETF		7.57%4.20%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		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

FGSI and GRID have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, GRID is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

GRID is cheaper with a 0.70% expense ratio, compared with 0.85% for FGSI.

FGSI has the higher dividend yield at 7.57%, compared with 0.77% for GRID.

FGSI is categorized as Derivative Income, while GRID is Alternative Energy Equities. Their fees differ too: 0.85% for FGSI and 0.70% for GRID.

Portfolio Optimizer

Find the right allocation for FGSI and GRID

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer