FTDS vs. GRID

Last updated Aug 2, 2026

FTDS (First Trust Dividend Strength ETF) and GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) are both exchange-traded funds - FTDS is a Mid Cap Blend Equities fund tracking the Dividend Strength Index, while GRID is a Infrastructure Equities fund tracking the Nasdaq Clean Edge Smart Grid Infrastructure Index. Both are passively managed. Over the past 10 years, FTDS returned 11.18%/yr vs 18.38%/yr for GRID. Their 0.56 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.70% expense ratio.

Performance

FTDS vs. GRID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dividend Strength ETF (FTDS) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTDS achieves a 15.08% return, which is significantly lower than GRID's 17.75% return. Over the past 10 years, FTDS has underperformed GRID with an annualized return of 11.18%, while GRID has yielded a comparatively higher 18.38% annualized return.

FTDS

• 1D: 0.31%
• 1M: 4.00%
• 6M: 8.67%
• YTD: 15.08%
• 1Y: 24.87%
• 3Y*: 15.10%
• 5Y*: 8.13%
• 10Y*: 11.18%
• ALL TIME*: 6.70%

GRID

• 1D: 1.53%
• 1M: -2.62%
• 6M: 9.29%
• YTD: 17.75%
• 1Y: 28.13%
• 3Y*: 20.65%
• 5Y*: 14.46%
• 10Y*: 18.38%
• ALL TIME*: 12.51%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTDS First Trust Dividend Strength ETF	$146.70K	$150.71K	$191.32K
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	$98.53M	$102.24M	$137.97M

FTDS vs. GRID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTDS First Trust Dividend Strength ETF	15.08%	13.64%	11.12%	11.75%	-13.54%	24.79%	14.16%	24.29%	-10.35%	20.07%
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	17.75%	29.65%	15.18%	21.57%	-13.89%	27.65%	48.84%	42.80%	-22.69%	27.44%

Correlation

The correlation between FTDS and GRID is 0.16, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.16
Correlation (3Y) Balances recent behavior with more history.	0.48
Correlation (5Y) Shows whether the relationship held over a longer period.	0.61
Correlation (10Y) Provides a long-term view across more market conditions.	0.60
Correlation (All Time) Calculated using the full available price history since Nov 17, 2009	0.56

Over the past year, the correlation between FTDS and GRID has dropped to 0.16 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

FTDS vs. GRID - Sectors Allocation Comparison

Sectors	FTDS	GRID
Financial Services	30.2%	-
Industrials	20.6%	23.6%
Energy	17.6%	1.6%
Healthcare	9.6%	-
Technology	8.6%	12.6%
Basic Materials	8.3%	0.8%
Consumer Cyclical	3.3%	2.4%
Consumer Defensive	1.9%	-
Communication Services	-	-
Real Estate	-	-
Utilities	-	3.9%

Return for Risk

FTDS vs. GRID — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FTDS

FTDS Risk / Return Rank: 81
FTDS Sharpe Ratio Rank: 81
FTDS Sortino Ratio Rank: 84
FTDS Omega Ratio Rank: 78
FTDS Calmar Ratio Rank: 88
FTDS Martin Ratio Rank: 75

GRID

GRID Risk / Return Rank: 49
GRID Sharpe Ratio Rank: 48
GRID Sortino Ratio Rank: 47
GRID Omega Ratio Rank: 47
GRID Calmar Ratio Rank: 49
GRID Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FTDS vs. GRID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dividend Strength ETF (FTDS) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTDS	GRID	Difference
Sharpe ratio: Return per unit of total volatility	1.86	1.18	+0.68
Sortino ratio: Return per unit of downside risk	2.76	1.69	+1.08
Omega ratio: Gain probability vs. loss probability	1.33	1.22	+0.11
Calmar ratio: Return relative to maximum drawdown	3.61	1.73	+1.89
Martin ratio: Return relative to average drawdown	9.38	6.17	+3.22

FTDS vs. GRID - Sharpe Ratio Comparison

The current FTDS Sharpe Ratio is 1.86, which is higher than the GRID Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of FTDS 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.

Drawdowns

FTDS vs. GRID - Drawdown Comparison

The maximum FTDS drawdown since its inception was -56.53%, which is greater than GRID's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for FTDS and GRID.

Drawdown Indicators

	FTDS	GRID	Difference
Max Drawdown Largest peak-to-trough decline	-56.53%	-40.56%	-15.97%
Max Drawdown (1Y) Largest decline over 1 year	-6.57%	-15.82%	+9.25%
Max Drawdown (3Y) Largest decline over 3 years	-18.04%	-20.62%	+2.58%
Max Drawdown (5Y) Largest decline over 5 years	-23.35%	-29.64%	+6.29%
Max Drawdown (10Y) Largest decline over 10 years	-42.47%	-40.56%	-1.91%
Current Drawdown Current decline from peak	-0.74%	-9.87%	+9.13%
Average Drawdown Average peak-to-trough decline	-9.81%	-8.42%	-1.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	4.42%	-1.89%

Volatility

FTDS vs. GRID - Volatility Comparison

The current volatility for First Trust Dividend Strength ETF (FTDS) is 3.55%, while First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) has a volatility of 8.92%. This indicates that FTDS 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.

Volatility by Period

	FTDS	GRID	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	8.92%	-5.37%
Volatility (6M) Calculated over the trailing 6-month period	8.28%	20.34%	-12.06%
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	23.07%	-10.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.52%	21.71%	-4.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.05%	22.81%	-2.76%

FTDS vs. GRID - Expense Ratio Comparison

Both FTDS and GRID have an expense ratio of 0.70%.

Dividends

FTDS vs. GRID - Dividend Comparison

FTDS's dividend yield for the trailing twelve months is around 1.53%, more than GRID's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTDS First Trust Dividend Strength ETF	1.53%	1.59%	2.05%	2.15%	2.31%	0.72%	0.99%	1.13%	1.14%	0.79%	1.24%	0.95%
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	0.80%	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

Can I hold both FTDS and GRID in my portfolio?

FTDS and GRID have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTDS or GRID?

GRID has higher volatility (8.92%) compared to FTDS (3.55%). In terms of maximum drawdown, FTDS dropped -56.53% vs GRID's -40.56%.

Which ETF is better, FTDS or GRID?

On 10-year performance, GRID leads with 18.38% vs 11.18% for FTDS. Both ETFs have the same 0.70% expense ratio. On volatility, FTDS has been the lower-risk option at 3.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTDS or GRID?

Over the 10-year period, GRID has performed better with a 18.38% return vs 11.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTDS or GRID?

FTDS and GRID have the same expense ratio: 0.70% per year.

Which ETF pays a higher dividend yield, FTDS or GRID?

FTDS has the higher dividend yield at 1.53%, compared with 0.80% for GRID.

What is the main difference between FTDS and GRID?

FTDS is categorized as Mid Cap Blend Equities, while GRID is Infrastructure Equities. FTDS tracks Dividend Strength Index, while GRID tracks Nasdaq Clean Edge Smart Grid Infrastructure Index.

Which has better risk-adjusted returns?

FTDS currently has the higher Sharpe Ratio (1.86 vs 1.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.