PABU.L vs. GRID
Compare and contrast key facts about Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF - Acc (PABU.L) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID).
PABU.L and GRID are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PABU.L is a passively managed fund by Amundi that tracks the performance of the Russell 1000 TR USD. It was launched on Jul 15, 2020. GRID is a passively managed fund by First Trust that tracks the performance of the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index. It was launched on Nov 17, 2009. Both PABU.L and GRID are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PABU.L or GRID.
Key characteristics
| PABU.L | GRID |
|---|
Correlation
The correlation between PABU.L and GRID is 0.47, 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.
Performance
PABU.L vs. GRID - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PABU.L vs. GRID - Expense Ratio Comparison
PABU.L has a 0.40% expense ratio, which is lower than GRID's 0.70% expense ratio.
Risk-Adjusted Performance
PABU.L vs. GRID - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF - Acc (PABU.L) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (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.
Dividends
PABU.L vs. GRID - Dividend Comparison
PABU.L has not paid dividends to shareholders, while GRID's dividend yield for the trailing twelve months is around 1.08%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PABU.L Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF - Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 1.08% | 1.23% | 1.26% | 0.63% | 0.68% | 1.26% | 1.28% | 1.07% | 1.07% | 1.23% | 1.45% | 1.35% |
Drawdowns
PABU.L vs. GRID - Drawdown Comparison
Volatility
PABU.L vs. GRID - Volatility Comparison
The current volatility for Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF - Acc (PABU.L) is 0.00%, while First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) has a volatility of 4.77%. This indicates that PABU.L experiences smaller price fluctuations and is considered to be less risky than GRID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.