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

Correlation

The correlation between GRID and QTUM is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.8

Performance

GRID vs. QTUM - 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 Defiance Quantum ETF (QTUM). The values are adjusted to include any dividend payments, if applicable.

150.00%200.00%250.00%NovemberDecember2025FebruaryMarchApril
156.89%
219.66%
GRID
QTUM

Key characteristics

Sharpe Ratio

GRID:

0.30

QTUM:

1.01

Sortino Ratio

GRID:

0.58

QTUM:

1.53

Omega Ratio

GRID:

1.07

QTUM:

1.20

Calmar Ratio

GRID:

0.33

QTUM:

1.30

Martin Ratio

GRID:

1.18

QTUM:

4.18

Ulcer Index

GRID:

5.81%

QTUM:

7.91%

Daily Std Dev

GRID:

23.08%

QTUM:

32.89%

Max Drawdown

GRID:

-40.55%

QTUM:

-38.45%

Current Drawdown

GRID:

-7.78%

QTUM:

-13.00%

Returns By Period

In the year-to-date period, GRID achieves a -0.89% return, which is significantly higher than QTUM's -7.37% return.


GRID

YTD

-0.89%

1M

3.50%

6M

-4.88%

1Y

5.15%

5Y*

21.11%

10Y*

14.15%

QTUM

YTD

-7.37%

1M

-0.20%

6M

18.43%

1Y

29.46%

5Y*

24.36%

10Y*

N/A

*Annualized

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GRID vs. QTUM - Expense Ratio Comparison

GRID has a 0.70% expense ratio, which is higher than QTUM's 0.40% 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 QTUM: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QTUM: 0.40%

Risk-Adjusted Performance

GRID vs. QTUM — 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 4646
Overall Rank
The Sharpe Ratio Rank of GRID is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of GRID is 4646
Sortino Ratio Rank
The Omega Ratio Rank of GRID is 4343
Omega Ratio Rank
The Calmar Ratio Rank of GRID is 5050
Calmar Ratio Rank
The Martin Ratio Rank of GRID is 4747
Martin Ratio Rank

QTUM
The Risk-Adjusted Performance Rank of QTUM is 8282
Overall Rank
The Sharpe Ratio Rank of QTUM is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of QTUM is 8181
Sortino Ratio Rank
The Omega Ratio Rank of QTUM is 8181
Omega Ratio Rank
The Calmar Ratio Rank of QTUM is 8787
Calmar Ratio Rank
The Martin Ratio Rank of QTUM is 8181
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. QTUM - 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 Defiance Quantum ETF (QTUM). 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
QTUM: 1.01
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
QTUM: 1.53
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
QTUM: 1.20
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
QTUM: 1.30
The chart of Martin ratio for GRID, currently valued at 1.18, compared to the broader market0.0020.0040.0060.00
GRID: 1.18
QTUM: 4.18

The current GRID Sharpe Ratio is 0.30, which is lower than the QTUM Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of GRID and QTUM, 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
1.01
GRID
QTUM

Dividends

GRID vs. QTUM - Dividend Comparison

GRID's dividend yield for the trailing twelve months is around 1.10%, more than QTUM's 0.73% 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%
QTUM
Defiance Quantum ETF
0.73%0.61%0.81%1.46%0.48%0.45%0.61%0.21%0.00%0.00%0.00%0.00%

Drawdowns

GRID vs. QTUM - Drawdown Comparison

The maximum GRID drawdown since its inception was -40.55%, which is greater than QTUM's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for GRID and QTUM. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.78%
-13.00%
GRID
QTUM

Volatility

GRID vs. QTUM - Volatility Comparison

The current volatility for First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) is 13.58%, while Defiance Quantum ETF (QTUM) has a volatility of 17.66%. This indicates that GRID experiences smaller price fluctuations and is considered to be less risky than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
13.58%
17.66%
GRID
QTUM