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GRID vs. XRSG.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GRID vs. XRSG.L

Last updated Jul 21, 2026
Documentation

GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) and XRSG.L (Xtrackers Russell 2000 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 XRSG.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD. Both are passively managed. Over the past 10 years, GRID returned 18.45%/yr vs 10.27%/yr for XRSG.L. A 0.54 correlation means they provide meaningful diversification when combined. GRID charges 0.70%/yr vs 0.30%/yr for XRSG.L.

Performance

GRID vs. XRSG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) and Xtrackers Russell 2000 UCITS ETF 1C (XRSG.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

GRID is traded in USD, while XRSG.L is traded in GBp. To make them comparable, the XRSG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GRID achieves a 16.26% return, which is significantly lower than XRSG.L's 18.93% return. Over the past 10 years, GRID has outperformed XRSG.L with an annualized return of 18.45%, while XRSG.L has yielded a comparatively lower 10.27% annualized return.

GRID

1D
-0.43%
1M
-8.67%
6M
11.72%
YTD
16.26%
1Y
25.15%
3Y*
19.51%
5Y*
14.88%
10Y*
18.45%
ALL TIME*
12.44%

XRSG.L

1D
0.10%
1M
-0.55%
6M
12.48%
YTD
18.93%
1Y
33.15%
3Y*
15.57%
5Y*
6.83%
10Y*
10.27%
ALL TIME*
5.20%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GRID vs. XRSG.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund		16.26%29.65%15.18%21.57%-13.89%27.65%48.84%42.80%-22.69%27.44%
XRSG.L
Xtrackers Russell 2000 UCITS ETF 1C		18.93%12.55%9.93%18.08%-20.94%14.38%19.35%25.48%-12.85%14.34%

Correlation

The correlation between GRID and XRSG.L is 0.58, 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

0.58

Correlation (3Y)
Calculated over the trailing 3-year period

0.57

Correlation (5Y)
Calculated over the trailing 5-year period

0.58

Correlation (10Y)
Calculated over the trailing 10-year period

0.56

Correlation (All Time)
Calculated using the full available price history since Mar 6, 2015

0.54

The correlation between GRID and XRSG.L has been stable across timeframes, ranging from 0.54 to 0.58 - a consistent structural relationship.

GRID vs. XRSG.L - Sectors Allocation Comparison

Sectors
GRID
XRSG.L

Industrials

67.4%
14.1%

Utilities

17.3%
2.7%

Technology

11.6%
14.8%

Consumer Cyclical

3.6%
9.2%

Energy

1.6%
5.4%

Basic Materials

0.0%
4.4%

Communication Services

-

2.2%

Consumer Defensive

-

2.6%

Financial Services

-

17.7%

Healthcare

-

20.3%

Real Estate

-

6.7%

Industrials

GRID
67.4%
XRSG.L
14.1%

Utilities

GRID
17.3%
XRSG.L
2.7%

Technology

GRID
11.6%
XRSG.L
14.8%

Consumer Cyclical

GRID
3.6%
XRSG.L
9.2%

Energy

GRID
1.6%
XRSG.L
5.4%

Basic Materials

GRID
0.0%
XRSG.L
4.4%

Communication Services

GRID

-

XRSG.L
2.2%

Consumer Defensive

GRID

-

XRSG.L
2.6%

Financial Services

GRID

-

XRSG.L
17.7%

Healthcare

GRID

-

XRSG.L
20.3%

Real Estate

GRID

-

XRSG.L
6.7%

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 NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Xtrackers Russell 2000 UCITS ETF 1C

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Often compared with XRSG.L:
XRSG.L vs. R2SC.LXRSG.L vs. WLDS.LXRSG.L vs. SPX4.LXRSG.L vs. SMGB.LXRSG.L vs. XNAQ.LXRSG.L vs. AVUVXRSG.L vs. IITU.L

Return for Risk

GRID vs. XRSG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GRID
GRID Risk / Return Rank: 4646
Overall Rank
GRID Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
GRID Sortino Ratio Rank: 4040
Sortino Ratio Rank
GRID Omega Ratio Rank: 4141
Omega Ratio Rank
GRID Calmar Ratio Rank: 5757
Calmar Ratio Rank
GRID Martin Ratio Rank: 5151
Martin Ratio Rank
XRSG.L
XRSG.L Risk / Return Rank: 8181
Overall Rank
XRSG.L Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
XRSG.L Sortino Ratio Rank: 8080
Sortino Ratio Rank
XRSG.L Omega Ratio Rank: 7474
Omega Ratio Rank
XRSG.L Calmar Ratio Rank: 8888
Calmar Ratio Rank
XRSG.L Martin Ratio Rank: 7979
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.

GRID vs. XRSG.L - 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 Russell 2000 UCITS ETF 1C (XRSG.L). 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.

GRIDXRSG.LDifference
Sharpe ratioReturn per unit of total volatility
1.15
1.85

-0.70

Sortino ratioReturn per unit of downside risk
1.62
2.69

-1.08

Omega ratioGain probability vs. loss probability

1.21

1.31

-0.10

Calmar ratioReturn relative to maximum drawdown

2.15

3.10

-0.94

Martin ratioReturn relative to average drawdown

6.50

10.10

-3.59

GRID vs. XRSG.L - Sharpe Ratio Comparison

The current GRID Sharpe Ratio is 1.15, which is lower than the XRSG.L Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of GRID and XRSG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

GRID vs. XRSG.L - Drawdown Comparison

The maximum GRID drawdown since its inception was -40.56%, smaller than the maximum XRSG.L drawdown of -49.73%. Use the drawdown chart below to compare losses from any high point for GRID and XRSG.L.

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Drawdown Indicators

GRIDXRSG.LDifference

Max Drawdown

Largest peak-to-trough decline

-40.56%

-49.73%

+9.17%

Max Drawdown (1Y)

Largest decline over 1 year

-11.73%

-10.66%

-1.07%

Max Drawdown (3Y)

Largest decline over 3 years

-20.62%

-28.72%

+8.10%

Max Drawdown (5Y)

Largest decline over 5 years

-29.64%

-32.27%

+2.63%

Max Drawdown (10Y)

Largest decline over 10 years

-40.56%

-41.99%

+1.43%

Current Drawdown

Current decline from peak

-11.01%

-2.69%

-8.32%

Average Drawdown

Average peak-to-trough decline

-8.41%

-18.26%

+9.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.88%

3.27%

+0.61%

Volatility

GRID vs. XRSG.L - Volatility Comparison

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) has a higher volatility of 8.76% compared to Xtrackers Russell 2000 UCITS ETF 1C (XRSG.L) at 4.26%. This indicates that GRID's price experiences larger fluctuations and is considered to be riskier than XRSG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GRIDXRSG.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.76%

4.26%

+4.50%

Volatility (6M)

Calculated over the trailing 6-month period

19.36%

13.17%

+6.19%

Volatility (1Y)

Calculated over the trailing 1-year period

22.09%

17.90%

+4.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.51%

24.99%

-3.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.72%

23.51%

-0.79%

GRID vs. XRSG.L - Expense Ratio Comparison

GRID has a 0.70% expense ratio, which is higher than XRSG.L's 0.30% expense ratio.

Dividends

GRID vs. XRSG.L - Dividend Comparison

GRID's dividend yield for the trailing twelve months is around 0.81%, while XRSG.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund		0.81%1.01%1.06%1.23%1.26%0.63%0.68%1.26%1.28%1.07%1.07%1.23%
XRSG.L
Xtrackers Russell 2000 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 XRSG.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XRSG.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XRSG.L is cheaper with a 0.30% expense ratio, compared with 0.70% for GRID.

GRID is categorized as Alternative Energy Equities, while XRSG.L is Small Cap Blend Equities. GRID tracks Nasdaq Clean Edge Smart Grid Infrastructure Index, while XRSG.L tracks Russell 2000 TR USD. They also come from different issuers: First Trust and Xtrackers. Their fees differ too: 0.70% for GRID and 0.30% for XRSG.L.

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