GRID vs. XDEV.DE
GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) and XDEV.DE (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both exchange-traded funds - GRID is a Alternative Energy Equities fund tracking the Nasdaq Clean Edge Smart Grid Infrastructure Index, while XDEV.DE is a Global Equities fund tracking the MSCI ACWI Value NR USD. Both are passively managed. Over the past 10 years, GRID returned 19.76%/yr vs 13.05%/yr for XDEV.DE. A 0.57 correlation means they provide meaningful diversification when combined. GRID charges 0.70%/yr vs 0.25%/yr for XDEV.DE.
Performance
GRID vs. XDEV.DE - Performance Comparison
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Different Trading Currencies
GRID is traded in USD, while XDEV.DE is traded in EUR. To make them comparable, the XDEV.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GRID achieves a 23.59% return, which is significantly lower than XDEV.DE's 32.62% return. Over the past 10 years, GRID has outperformed XDEV.DE with an annualized return of 19.76%, while XDEV.DE has yielded a comparatively lower 13.05% annualized return.
GRID
- 1D
- -0.18%
- 1M
- -4.18%
- YTD
- 23.59%
- 6M
- 24.02%
- 1Y
- 41.72%
- 3Y*
- 23.21%
- 5Y*
- 16.83%
- 10Y*
- 19.76%
XDEV.DE
- 1D
- 2.79%
- 1M
- 5.69%
- YTD
- 32.62%
- 6M
- 35.11%
- 1Y
- 62.31%
- 3Y*
- 28.44%
- 5Y*
- 16.16%
- 10Y*
- 13.05%
GRID vs. XDEV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | 23.59% | 29.65% | 15.18% | 21.57% | -13.89% | 27.65% | 48.84% | 42.80% | -22.69% | 27.44% |
XDEV.DE Xtrackers MSCI World Value Factor UCITS ETF 1C | 32.62% | 40.82% | 5.25% | 19.34% | -10.06% | 20.34% | -3.95% | 19.47% | -14.62% | 23.06% |
Correlation
The correlation between GRID and XDEV.DE is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2014 | 0.57 |
The correlation between GRID and XDEV.DE shifts across timeframes, from 0.57 (all time) to 0.68 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GRID vs. XDEV.DE — Risk / Return Rank
GRID
XDEV.DE
GRID vs. XDEV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) and Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.DE). 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.
| GRID | XDEV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.95 | ||
| Sortino ratioReturn per unit of downside risk | -2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.68 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 7.29 | -3.71 |
| Martin ratioReturn relative to average drawdown | 12.89 | 26.00 | -13.11 |
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Drawdowns
GRID vs. XDEV.DE - Drawdown Comparison
The maximum GRID drawdown since its inception was -40.56%, roughly equal to the maximum XDEV.DE drawdown of -39.47%. Use the drawdown chart below to compare losses from any high point for GRID and XDEV.DE.
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Drawdown Indicators
| GRID | XDEV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.56% | -39.47% | -1.09% |
Max Drawdown (1Y)Largest decline over 1 year | -11.73% | -8.51% | -3.22% |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | -15.96% | -4.81% |
Max Drawdown (5Y)Largest decline over 5 years | -29.64% | -26.32% | -3.32% |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | -39.47% | -1.09% |
Current DrawdownCurrent decline from peak | -5.40% | -1.89% | -3.51% |
Average DrawdownAverage peak-to-trough decline | -8.42% | -11.38% | +2.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 2.39% | +0.86% |
Volatility
GRID vs. XDEV.DE - Volatility Comparison
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) has a higher volatility of 9.56% compared to Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.DE) at 6.44%. This indicates that GRID's price experiences larger fluctuations and is considered to be riskier than XDEV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRID | XDEV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.56% | 6.44% | +3.12% |
Volatility (6M)Calculated over the trailing 6-month period | 17.70% | 12.82% | +4.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.73% | 15.59% | +5.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.24% | 16.03% | +5.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.90% | 17.74% | +5.16% |
GRID vs. XDEV.DE - Expense Ratio Comparison
GRID has a 0.70% expense ratio, which is higher than XDEV.DE's 0.25% expense ratio.
Dividends
GRID vs. XDEV.DE - Dividend Comparison
GRID's dividend yield for the trailing twelve months is around 0.80%, while XDEV.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XDEV.DE Xtrackers MSCI World Value Factor UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GRID and XDEV.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEV.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEV.DE is cheaper with a 0.25% expense ratio, compared with 0.70% for GRID.
GRID is categorized as Alternative Energy Equities, while XDEV.DE is Global Equities. GRID tracks Nasdaq Clean Edge Smart Grid Infrastructure Index, while XDEV.DE tracks MSCI ACWI Value NR USD. They also come from different issuers: First Trust and DWS. Their fees differ too: 0.70% for GRID and 0.25% for XDEV.DE.
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