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GRID vs. NLR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GRID and NLR is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

GRID vs. NLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%250.00%300.00%350.00%400.00%NovemberDecember2025FebruaryMarchApril
362.03%
94.04%
GRID
NLR

Key characteristics

Sharpe Ratio

GRID:

0.30

NLR:

0.07

Sortino Ratio

GRID:

0.58

NLR:

0.34

Omega Ratio

GRID:

1.07

NLR:

1.04

Calmar Ratio

GRID:

0.33

NLR:

0.08

Martin Ratio

GRID:

1.18

NLR:

0.19

Ulcer Index

GRID:

5.81%

NLR:

12.58%

Daily Std Dev

GRID:

23.08%

NLR:

34.41%

Max Drawdown

GRID:

-40.55%

NLR:

-66.96%

Current Drawdown

GRID:

-7.78%

NLR:

-18.95%

Returns By Period

In the year-to-date period, GRID achieves a -0.89% return, which is significantly higher than NLR's -4.13% return. Over the past 10 years, GRID has outperformed NLR with an annualized return of 14.20%, while NLR has yielded a comparatively lower 7.90% annualized return.


GRID

YTD

-0.89%

1M

1.25%

6M

-4.88%

1Y

6.47%

5Y*

22.56%

10Y*

14.20%

NLR

YTD

-4.13%

1M

0.52%

6M

-14.95%

1Y

2.08%

5Y*

15.49%

10Y*

7.90%

*Annualized

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GRID vs. NLR - Expense Ratio Comparison

GRID has a 0.70% expense ratio, which is higher than NLR's 0.60% expense ratio.


Expense ratio chart for GRID: current value is 0.70%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GRID: 0.70%
Expense ratio chart for NLR: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NLR: 0.60%

Risk-Adjusted Performance

GRID vs. NLR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GRID
The Risk-Adjusted Performance Rank of GRID is 4343
Overall Rank
The Sharpe Ratio Rank of GRID is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of GRID is 4343
Sortino Ratio Rank
The Omega Ratio Rank of GRID is 4040
Omega Ratio Rank
The Calmar Ratio Rank of GRID is 4747
Calmar Ratio Rank
The Martin Ratio Rank of GRID is 4343
Martin Ratio Rank

NLR
The Risk-Adjusted Performance Rank of NLR is 2525
Overall Rank
The Sharpe Ratio Rank of NLR is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of NLR is 2929
Sortino Ratio Rank
The Omega Ratio Rank of NLR is 2727
Omega Ratio Rank
The Calmar Ratio Rank of NLR is 2525
Calmar Ratio Rank
The Martin Ratio Rank of NLR is 2323
Martin 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.

GRID vs. NLR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR). 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.


The chart of Sharpe ratio for GRID, currently valued at 0.30, compared to the broader market-1.000.001.002.003.004.00
GRID: 0.30
NLR: 0.07
The chart of Sortino ratio for GRID, currently valued at 0.58, compared to the broader market-2.000.002.004.006.008.00
GRID: 0.58
NLR: 0.34
The chart of Omega ratio for GRID, currently valued at 1.07, compared to the broader market0.501.001.502.002.50
GRID: 1.07
NLR: 1.04
The chart of Calmar ratio for GRID, currently valued at 0.33, compared to the broader market0.002.004.006.008.0010.0012.00
GRID: 0.33
NLR: 0.08
The chart of Martin ratio for GRID, currently valued at 1.18, compared to the broader market0.0020.0040.0060.00
GRID: 1.18
NLR: 0.19

The current GRID Sharpe Ratio is 0.30, which is higher than the NLR Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of GRID and NLR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.30
0.07
GRID
NLR

Dividends

GRID vs. NLR - Dividend Comparison

GRID's dividend yield for the trailing twelve months is around 1.10%, more than NLR's 0.79% yield.


TTM20242023202220212020201920182017201620152014
GRID
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index
1.10%1.06%1.23%1.26%0.63%0.68%1.26%1.28%1.07%1.07%1.23%1.45%
NLR
VanEck Vectors Uranium+Nuclear Energy ETF
0.79%0.75%4.54%2.02%1.99%2.23%2.43%3.91%4.86%3.62%3.30%2.48%

Drawdowns

GRID vs. NLR - Drawdown Comparison

The maximum GRID drawdown since its inception was -40.55%, smaller than the maximum NLR drawdown of -66.96%. Use the drawdown chart below to compare losses from any high point for GRID and NLR. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.78%
-18.95%
GRID
NLR

Volatility

GRID vs. NLR - Volatility Comparison

The current volatility for First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) is 13.58%, while VanEck Vectors Uranium+Nuclear Energy ETF (NLR) has a volatility of 14.52%. This indicates that GRID experiences smaller price fluctuations and is considered to be less risky than NLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
13.58%
14.52%
GRID
NLR