IDVY vs. GRID

Last updated Jul 12, 2026

IDVY (First Trust International Rising Dividend Achievers ETF) and GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) are both exchange-traded funds - IDVY is a Dividend fund tracking the Nasdaq International Rising Dividend Achievers Index, while GRID is a Alternative Energy Equities fund tracking the Nasdaq Clean Edge Smart Grid Infrastructure Index. Both are passively managed. Their correlation of 0.82 suggests significant overlap in exposure. IDVY charges 0.60%/yr vs 0.70%/yr for GRID.

Performance

IDVY vs. GRID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust International Rising Dividend Achievers ETF (IDVY) 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

IDVY

• 1D: 0.58%
• 1M: 2.63%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRID

• 1D: 0.36%
• 1M: -1.82%
• 6M: 18.99%
• YTD: 21.35%
• 1Y: 34.81%
• 3Y*: 22.13%
• 5Y*: 15.77%
• 10Y*: 18.87%

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

IDVY vs. GRID - Yearly Performance Comparison

	2026 (YTD)
IDVY First Trust International Rising Dividend Achievers ETF	3.59%
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	6.84%

Correlation

The correlation between IDVY and GRID is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 11, 2026	0.82

IDVY vs. GRID - Sectors Allocation Comparison

Sectors	IDVY	GRID
Financial Services	30.9%	-
Industrials	29.9%	25.4%
Consumer Cyclical	14.3%	2.4%
Technology	11.9%	11.9%
Consumer Defensive	3.2%	-
Basic Materials	2.8%	0.8%
Energy	2.2%	1.6%
Healthcare	2.1%	-
Utilities	1.5%	4.0%
Communication Services	0.9%	-
Real Estate	0.4%	-

Return for Risk

IDVY vs. GRID — Risk / Return Rank

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

IDVY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GRID

GRID Risk / Return Rank: 61
GRID Sharpe Ratio Rank: 58
GRID Sortino Ratio Rank: 54
GRID Omega Ratio Rank: 55
GRID Calmar Ratio Rank: 72
GRID Martin Ratio Rank: 66

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.

IDVY vs. GRID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust International Rising Dividend Achievers ETF (IDVY) 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.

	IDVY	GRID	Difference
Sharpe ratio: Return per unit of total volatility	—	1.56	—
Sortino ratio: Return per unit of downside risk	—	2.11	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	2.91	—
Martin ratio: Return relative to average drawdown	—	9.51	—

Drawdowns

IDVY vs. GRID - Drawdown Comparison

The maximum IDVY drawdown since its inception was -13.52%, smaller than the maximum GRID drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for IDVY and GRID.

Drawdown Indicators

	IDVY	GRID	Difference
Max Drawdown Largest peak-to-trough decline	-13.52%	-40.56%	+27.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.73%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.56%	—
Current Drawdown Current decline from peak	-1.55%	-7.12%	+5.57%
Average Drawdown Average peak-to-trough decline	-3.97%	-8.41%	+4.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.58%	—

Volatility

Volatility by Period

	IDVY	GRID	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.34%	21.88%	+3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.34%	21.49%	+3.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.34%	22.70%	+2.64%

IDVY vs. GRID - Expense Ratio Comparison

IDVY has a 0.60% expense ratio, which is lower than GRID's 0.70% expense ratio.

Dividends

IDVY vs. GRID - Dividend Comparison

IDVY's dividend yield for the trailing twelve months is around 0.77%, which matches GRID's 0.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	0.77%	1.01%	1.06%	1.23%	1.26%	0.63%	0.68%	1.26%	1.28%	1.07%	1.07%	1.23%
IDVY First Trust International Rising Dividend Achievers ETF	0.77%	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

Can I hold both IDVY and GRID in my portfolio?

IDVY and GRID have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDVY or GRID?

On fees, IDVY is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDVY or GRID?

IDVY is cheaper with a 0.60% expense ratio, compared with 0.70% for GRID.

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

IDVY and GRID have nearly identical dividend yields, around 0.77%.

What is the main difference between IDVY and GRID?

IDVY is categorized as Dividend, while GRID is Alternative Energy Equities. IDVY tracks Nasdaq International Rising Dividend Achievers Index, while GRID tracks Nasdaq Clean Edge Smart Grid Infrastructure Index. Their fees differ too: 0.60% for IDVY and 0.70% for GRID.