UXJL vs. GRID
UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) and GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) are both exchange-traded funds - UXJL is a Defined Outcome fund actively managed by First Trust, while GRID is a Alternative Energy Equities fund tracking the Nasdaq Clean Edge Smart Grid Infrastructure Index. UXJL is actively managed, while GRID is passively managed. A 0.79 correlation means they provide meaningful diversification when combined. UXJL charges 0.85%/yr vs 0.70%/yr for GRID.
Performance
UXJL vs. GRID - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UXJL achieves a 8.46% return, which is significantly lower than GRID's 23.40% return.
UXJL
- 1D
- -1.53%
- 1M
- -1.62%
- YTD
- 8.46%
- 6M
- 7.35%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GRID
- 1D
- -4.46%
- 1M
- -1.96%
- YTD
- 23.40%
- 6M
- 22.11%
- 1Y
- 42.41%
- 3Y*
- 24.21%
- 5Y*
- 16.63%
- 10Y*
- 19.95%
UXJL vs. GRID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July | 8.46% | 8.62% |
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | 23.40% | 7.65% |
Correlation
The correlation between UXJL and GRID is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 21, 2025 | 0.79 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UXJL vs. GRID — Risk / Return Rank
UXJL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GRID
UXJL vs. GRID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL) 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.
| UXJL | GRID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.63 | — |
| Martin ratioReturn relative to average drawdown | — | 12.92 | — |
Loading charts...
Drawdowns
UXJL vs. GRID - Drawdown Comparison
The maximum UXJL drawdown since its inception was -10.29%, smaller than the maximum GRID drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for UXJL and GRID.
Loading charts...
Drawdown Indicators
| UXJL | GRID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.29% | -40.56% | +30.27% |
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 DrawdownCurrent decline from peak | -3.71% | -5.55% | +1.84% |
Average DrawdownAverage peak-to-trough decline | -1.58% | -8.42% | +6.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.29% | — |
Volatility
UXJL vs. GRID - Volatility Comparison
Loading charts...
Volatility by Period
| UXJL | GRID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.12% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.23% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.58% | 21.26% | -6.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.58% | 21.37% | -6.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.58% | 22.80% | -8.22% |
UXJL vs. GRID - Expense Ratio Comparison
UXJL has a 0.85% expense ratio, which is higher than GRID's 0.70% expense ratio.
Dividends
UXJL vs. GRID - Dividend Comparison
UXJL has not paid dividends to shareholders, while GRID's dividend yield for the trailing twelve months is around 0.80%.
| 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% |
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July | 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
UXJL and GRID have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GRID is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GRID is cheaper with a 0.70% expense ratio, compared with 0.85% for UXJL.
GRID has the higher dividend yield at 0.80%, compared with 0.00% for UXJL.
UXJL is categorized as Defined Outcome, while GRID is Alternative Energy Equities. Their fees differ too: 0.85% for UXJL and 0.70% for GRID.
Find the right allocation for UXJL and GRID
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer