SETM vs. GRID
Compare and contrast key facts about Sprott Energy Transition Materials ETF (SETM) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID).
SETM and GRID are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SETM is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. It was launched on Feb 1, 2023. 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 SETM 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.
Performance
SETM vs. GRID - Performance Comparison
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SETM vs. GRID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SETM Sprott Energy Transition Materials ETF | 14.27% | 95.27% | -13.24% | -11.03% |
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 6.96% | 29.65% | 15.18% | 10.04% |
Returns By Period
In the year-to-date period, SETM achieves a 14.27% return, which is significantly higher than GRID's 6.96% return.
SETM
- 1D
- 5.82%
- 1M
- -14.37%
- YTD
- 14.27%
- 6M
- 33.70%
- 1Y
- 137.98%
- 3Y*
- 26.40%
- 5Y*
- —
- 10Y*
- —
GRID
- 1D
- 3.81%
- 1M
- -7.97%
- YTD
- 6.96%
- 6M
- 8.57%
- 1Y
- 46.12%
- 3Y*
- 20.12%
- 5Y*
- 14.69%
- 10Y*
- 18.08%
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SETM vs. GRID - Expense Ratio Comparison
SETM has a 0.65% expense ratio, which is lower than GRID's 0.70% expense ratio.
Return for Risk
SETM vs. GRID — Risk / Return Rank
SETM
GRID
SETM vs. GRID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Energy Transition Materials ETF (SETM) 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.
| SETM | GRID | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.03 | 2.16 | +0.87 |
Sortino ratioReturn per unit of downside risk | 3.18 | 2.95 | +0.24 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.41 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 5.08 | 3.82 | +1.26 |
Martin ratioReturn relative to average drawdown | 17.14 | 14.42 | +2.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SETM | GRID | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.03 | 2.16 | +0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.71 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.80 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.52 | 0.00 |
Correlation
The correlation between SETM and GRID is 0.57, 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.
Dividends
SETM vs. GRID - Dividend Comparison
SETM's dividend yield for the trailing twelve months is around 1.37%, more than GRID's 0.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SETM Sprott Energy Transition Materials ETF | 1.37% | 1.56% | 2.07% | 2.47% | 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 | 0.92% | 1.01% | 1.06% | 1.23% | 1.26% | 0.63% | 0.68% | 1.26% | 1.28% | 1.07% | 1.07% | 1.23% |
Drawdowns
SETM vs. GRID - Drawdown Comparison
The maximum SETM drawdown since its inception was -42.81%, which is greater than GRID's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for SETM and GRID.
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Drawdown Indicators
| SETM | GRID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.81% | -40.56% | -2.25% |
Max Drawdown (1Y)Largest decline over 1 year | -25.85% | -11.73% | -14.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.56% | — |
Current DrawdownCurrent decline from peak | -16.74% | -8.37% | -8.37% |
Average DrawdownAverage peak-to-trough decline | -14.59% | -8.50% | -6.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.67% | 3.11% | +4.56% |
Volatility
SETM vs. GRID - Volatility Comparison
Sprott Energy Transition Materials ETF (SETM) has a higher volatility of 18.23% compared to First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) at 9.26%. This indicates that SETM's price experiences larger fluctuations and is considered to be riskier than GRID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SETM | GRID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.23% | 9.26% | +8.97% |
Volatility (6M)Calculated over the trailing 6-month period | 36.72% | 14.14% | +22.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.92% | 21.44% | +24.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.22% | 20.68% | +15.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.22% | 22.74% | +13.48% |