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First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund (GRID)



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Upturn Advisory Summary
08/14/2025: GRID (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 16.19% | Avg. Invested days 48 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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Key Highlights
Volume (30-day avg) - | Beta 1.35 | 52 Weeks Range 99.17 - 139.14 | Updated Date 06/30/2025 |
52 Weeks Range 99.17 - 139.14 | Updated Date 06/30/2025 |
Upturn AI SWOT
First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund
ETF Overview
Overview
The First Trust NASDAQu00ae Clean Edgeu00ae Smart Grid Infrastructure Index Fund (GRID) seeks investment results that correspond generally to the price and yield of the NASDAQ Clean Edge Smart Grid Infrastructure Index. It focuses on companies involved in enabling the evolution of the electric grid, including advanced metering infrastructure, energy storage, and smart grid software.
Reputation and Reliability
First Trust is a well-established ETF provider known for its thematic and smart-beta ETFs.
Management Expertise
First Trust has a dedicated team experienced in managing index-based and thematic ETFs.
Investment Objective
Goal
To track the investment results, before fees and expenses, of the NASDAQ Clean Edge Smart Grid Infrastructure Index.
Investment Approach and Strategy
Strategy: Tracks a specific index (NASDAQ Clean Edge Smart Grid Infrastructure Index).
Composition Primarily holds stocks of companies involved in smart grid technologies and infrastructure.
Market Position
Market Share: GRID has a moderate market share within the smart grid infrastructure ETF segment.
Total Net Assets (AUM): 185112296
Competitors
Key Competitors
- ICLN
- TAN
- QCLN
Competitive Landscape
The competitive landscape consists of broader clean energy ETFs and those focusing on specific sub-sectors like solar. GRID's advantage lies in its targeted focus on smart grid infrastructure. A potential disadvantage is that it is more concentrated than broader clean energy ETFs, making it potentially more volatile and sector-specific.
Financial Performance
Historical Performance: Historical performance data needs to be sourced from financial data providers.
Benchmark Comparison: Benchmark comparison needs to be sourced from financial data providers, comparing against the NASDAQ Clean Edge Smart Grid Infrastructure Index.
Expense Ratio: 0.58
Liquidity
Average Trading Volume
The ETF exhibits moderate liquidity based on its average trading volume.
Bid-Ask Spread
The bid-ask spread is typically narrow, indicating relatively low trading costs.
Market Dynamics
Market Environment Factors
Government regulations, increasing demand for renewable energy, and advancements in technology influence GRID.
Growth Trajectory
The growth trajectory is tied to the increasing adoption of smart grid technologies and investments in grid modernization.
Moat and Competitive Advantages
Competitive Edge
GRID's competitive edge comes from its narrow focus on smart grid infrastructure, a specific niche within the broader clean energy sector. This targeted approach allows investors to gain exposure to companies directly involved in modernizing the electric grid. The fund's exposure to enabling the evolution of the grid, including advanced metering infrastructure, energy storage, and smart grid software, provides it an advantage. First Trustu2019s reputation adds credibility as well.
Risk Analysis
Volatility
Volatility is moderate to high, typical for sector-specific ETFs.
Market Risk
Market risk includes sector-specific risks related to the smart grid industry, such as technological disruptions and regulatory changes.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking targeted exposure to the smart grid infrastructure sector and believes in the long-term growth of the industry.
Market Risk
Suitable for long-term investors with a moderate to high-risk tolerance.
Summary
First Trust NASDAQu00ae Clean Edgeu00ae Smart Grid Infrastructure Index Fund (GRID) offers targeted exposure to the smart grid sector, focusing on companies involved in modernizing the electric grid. It tracks the NASDAQ Clean Edge Smart Grid Infrastructure Index. GRID is suitable for long-term investors with a moderate to high risk tolerance who seek exposure to the growth potential of smart grid technologies and the modernization of electric grids. However, this targeted focus makes it potentially more volatile than more diversified clean energy ETFs.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust website
- ETF.com
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on your individual circumstances and after consulting with a qualified financial advisor. Market share data is estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index includes companies that are primarily engaged and involved in electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid infrastructure sector. The fund is non-diversified.

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